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Press releases
Published On: July 16, 2020

The global packaged nuts & seeds market is estimated to reach USD 83.4 billion, by 2025, and is projected to grow at the CAGR of 5.3% from 2019 to 2025, according to a new report by Million Insights. The changing consumer preference towards nutritional foods is expected to boost the product demand. 

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Published On: July 16, 2020

The global HVAC systems market size is estimated to touch USD 208.6 billion by the end of 2027, as per a new report by Million Insights. The market is anticipated to touch register 6.1% of CAGR from 2020 to 2027. The rise in the commercial sector and urbanization are attributing to the growth of the market.

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Published On: July 16, 2020

The global contact center software market size is projected to reach USD 72.3 billion by 2027, according to Million Insights. Increasing adoption of cloud-based services, mobile analytics, and social media coupled with a rising consumer base is projected to drive the market growth.

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Published On: July 16, 2020

The global flow meters market size is anticipated to value USD 12.3 billion until 2027. It is also expected to register a CAGR of 5.8% over the forecasted years, 2020 to 2027. The adoption of the flow meters to measure and control the flow of fluids like water, chemicals, and oil & gas is projected to drive the market growth in the upcoming years.

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Published On: July 16, 2020

The global grape seed extract market size is projected to reach USD 201.2 million by 2025, according to a new report published by Million Insights, with a CAGR of 7.6% from 2019 to 2025. The key features for the growth of this market include rising awareness among consumers for a medicine-free lifestyle coupled with the consumption of healthy food and focusing on physical appearance.

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Published On: July 16, 2020

The Europe civil engineering market size is estimated to be USD 2,412.9 billion by 2025, according to a new report by Million Insights. The market is likely to register a CAGR of 2.7% over the forecast duration. Rising investment in research and development activities in order to construct energy-efficient construction using technologies like prefabricated modules is expected to propel the market growth.

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Published On: July 16, 2020

The global anti-pollution mask market size is projected to reach USD 22.3 billion by 2027, according to a new report published by Million Insights, with a CAGR of 30.1% from 2020 to 2027. The rising awareness relating to the alarming pollution level and its effects on health has led to the demand for this product. The rising industrialization and urbanization in countries like China and India have significantly contributed to the degraded air-quality globally.

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Published On: July 16, 2020

The global automated test equipment market size is anticipated to reach USD 8.68 billion by 2027. It is also expected to register a 3.4% CAGR during the forecasted period, 2020 to 2027. The rising demand for consumer electronics and connected devices coupled with the need for quality improvement prevailing among several industries is projected to drive the market growth across the globe.

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Published On: July 16, 2020

The global air sports equipment market size is expected to reach USD 23.4 billion by 2025, according to Million Insights, registering a 6.7% CAGR over the forecasted period, from 2019 to 2025.Rising number of air sports participants including college grads, working professionals and old age group to experience thrill and joy is expected to drive the growth of this market. In addition, government supportive policies in developed countries such as U.K. and U.S. for promoting outdoor recreational activities is expected to spur the demand for air sports equipment.

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Published On: July 16, 2020

The global 5G services market is projected to reach USD 414.50 billion by 2027 with a CAGR of 43.9% during 2021 to 2027, according to a new report published by Million insights. Rising demand for ultra-reliable and low latency networks, which could provide high-speed data are projected to fuel the market demand for 5G services. Additionally, the growing applications of 5G technology in the healthcare sector, for remote patient monitoring and performing the surgery are expected to drive the demand for 5G services.

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Published On: July 14, 2020

The global artificial intelligence (AI) in construction market is estimated to attain USD 3.3 billion, by the end of 2025, and is anticipated to grow at the CAGR of 34.0% over the forecast period, 2019 to 2025, according to a new report by Million Insights. Growing need for efficient deployment and risk management solutions is boosting demand for AI-enabled solutions. In addition, AI solutions are useful in predictive maintenance analytics.

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Published On: July 14, 2020

The North America MUV rental market size is projected to generate USD 7.76 billion by 2025. It is also expected to register a 4.0% CAGR over the forecasted years, 2019 to 2025. The rising adoption of the rental car services prevailing among the working population and shifting demographic preferences are projected to drive the market growth in the upcoming years.

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Published On: July 14, 2020

The global mining automation market size is anticipated to reach USD 6.2 billion by 2025. It is also expected to register a 7.3% CAGR during the forecasted period, 2018 to 2025. The need for worker safety at mining sites coupled with the emergence of technologically advanced mining equipments is anticipated to drive the market growth.

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Published On: July 14, 2020

The global light gauge steel framing marketsizeis estimated to be worth USD 43.65 billion by 2025, according to a new report by Million Insights, accounting for a CAGR of 4.7% from 2017 to 2025. The growth can be attributed to the deployment of innovative instruments with properties that provide safety and strength as structural support.

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Published On: July 14, 2020

The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.

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Published On: July 14, 2020

The global air mattress market size is projected to reach USD 227.2 million by 2025, according to a new report published by Million Insights, with a CAGR of 8.6% from 2019 to 2025. The increasing need for comfortable sleeping to refrain from diseases like pressure wound and back pain is expected to surge the demand for these products. 

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Published On: July 14, 2020

The global active electronic components market is projected to attain USD 495.2 billion, by 2025, and is estimated to grow at the CAGR of 9.6% over the forecast period, 2019 to 2025, according to a new report by Million Insights. Increasing demand for electronic components especially in the production of smart home equipment including washing machines, air conditioners, and refrigerators is expected to boost market growth.

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Published On: July 14, 2020

The global automotive collision repair market size is anticipated to be USD 208.0 billion by 2025, as per a latest report by Million Insights. The market is anticipated to grow at a CAGR of 2.3% from 2019 to 2025. Technological advancements coupled with development in automotive repair are driving the market growth.

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Published On: July 14, 2020

The global data classification market size is projected to value at USD 2.44 billion by 2025, according to a new report published by Million Insights, growing with a CAGR of 25.7% from 2019 to 2025.The rising number of stringent regulations, generation of high volume of data, and the launch of machine learning and big data technology are a few of the key features driving the market growth. 

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Published On: July 10, 2020

The global smart home automation market size is anticipated to be USD 130.0 billion by the end of 2025, as per a latest report by Million Insights. The increasing need for real-time and remote control of smart homes is attributing to the growth of the market. Additionally, rising geriatrics population coupled with rapid urbanization has resulted in increasing adoption of smart home solutions to cater to the challenges.

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