The global white box server market is anticipated to value USD 25.53 billion until 2025. It is also expected to register a CAGR of 22.0% over the forecasted years, 2018 to 2025. Rising adoption of several open-source platforms like Project Scorpio and Open Compute Project coupled with the rising demand containerization and micro-servers is estimated to trigger the market growth.
The global electric scooter market size is likely to account for USD 42.0 billion by 2030, as per a new report by Million Insights. The market is predicted to register 7.7% CAGR from 2020 to 2030. Growing focus on achieving zero-emission, favorable government initiatives and increasing investment to propel the sustainable mobility solution are driving the market growth. Owing to advancement in technology, e-scooters with improved efficiency and longer battery life have been introduced.
The global cloud service brokerage (CSB) market is projected to account for USD 17.2 billion by the end of the forecasted year and expected to grow with 17.3% CAGR over the forecast period, from 2019 to 2025, according to Million Insights. CSB is a business model that manages IT resources across all cloud models from several vendors to reduce complexity and infrastructure costs. In addition, it helps to reduce complexity by controlling, orchestrating, and integrating multi-cloud locations on a centralized platform.
The global robotic process automation (RPA) market size is anticipated to reach USD 25.56 billion by 2027, with a CAGR of 40.6%, according to a new report by Million insights. The rapid growth and deployment of Artificial Intelligence (AI) are encouraging organizations to integrate their business models with new technologies.
The global plant biotechnology equipment market size is anticipated to value USD 18.35 billion until 2025. It is also expected to register a CAGR of 12.8% over the forecasted years, 2018 to 2025. The surging demand for various transgenic crops to attain enhanced productivity, yield and output is projected to trigger market growth.
The global golf ball market size is estimated to reach USD 1.38 billion by the end of 2025 and is projected to grow at a CAGR of 2.7% during the forecast period 2018 to 2025, according to a new report by Million Insights. Technological advancement along with golf tourism development is projected to surge market growth.
The Europe industrial air filtration market size is likely to account for USD 4.61 billion by 2027, as per a new report published by Million Insights. The market is predicted to register 6.5% CAGR over the next seven years. Factors such as government regulations, technological advancements and workers safety are attributing to the growth of the market.
The global on-highway vehicle lighting market size is projected to reach USD 42.03 billion by the end of year 2025 and registering a CAGR of 5.4% over the forecast period from 2018 to 2025, according to a new report by Million Insights. Governments' initiative for improving road safety and strict regulations for energy-efficient lighting sources across the globe are major factors expected to drive market growth over the forecast period.
The global mini LED market size is anticipated to value USD 5.9 billion until 2025. It is also expected to register a CAGR of 86.6% over the forecasted years, 2019 to 2025. The adoption of the mini LEDs in several industries is gaining traction due to their features like enhanced brightness and gamut levels, enhanced contrast ratio, and lower time required for their response as compared to OLEDs and other LCD lights.
The global riding boots market size is projected to value USD 2.18 billion by 2025, according to a new report published by Million Insights, with a CAGR of 6.1% from 2019 to 2025. The rising interest among the young population for sport, cruiser, and dirt bikes for recreational and adventure activities is anticipated to be the major driver for market growth. The increasing awareness for safety measures to safeguard against road accidents is expected to fuel the demand for different safety gear like riding boots.
The global pay TV market size is projected to be USD 260.0 billion in 2027, according to a new report by Million Insights. It is projected that the market would register 1.7% CAGR from 2020 to 2027. Owing to the increasing competition from OTT media players, pay TV service providers are changing their business models. As a result, emerging players like MOBIT is providing cost-effective, flexible and customized content. This is projected to encourage new and existing players to diversify their services.
According to new report of Million Insights, the global laptop market size is projected to account for USD 108.91 billion by the end of the forecasted year and is expected to grow with 0.4% CAGR over the forecast period, from 2018 to 2025. Increasing spending on consumer electronics devices coupled with evolving lifestyles is a key factor driving the market growth during the forecast period.
The global automotive motor market size is projected to reach USD 49.07 billion by 2025 and registering CAGR of 6.7% over the forecast period from 2019 to 2025, according to new report of Million Insights. Automotive industry is gaining traction due to technological advancement to cater to rapidly changing consumer preferences.
The global targeting pods market size is anticipated to value USD 5.21 billion until 2025. It is also expected to register a CAGR of 6.3% over the forecasted years, 2017 to 2025. The rising need for ensuring international border safety and security isexpected to trigger the market growth for targeting pods.
The global smart robots market size is expected to attain USD 16.46 billion by the end of 2025 and is estimated to register CAGR of 22.4% during the forecast period from 2018 to 2025, according to a new report by Million Insights.The growing trend of robotic automation and technological development for industrial applications is projected to increase the demand for smart robots in the next few years.
The global smart stadium market size is estimated to reach USD 21.00 billion by 2025 and is projected to grow at a CAGR of 20.9% from 2019 to 2025, according to a new report by Million Insights. Growing focus on entertaining & engaging the fan inside the stadium along with guidelines set by sports government authorities is mainly contributing to market growth. The increasing number of national & international sports events with a data-driven approach is expected to spur the market growth in the next few years.
The global furniture market size is projected to account for USD 718.3 billion by 2025, as per a new report by Million Insights. It is projected that the market would register over 5% CAGR from 2018 to 2025. With increasing consumer spending, the demand for branded furniture has increased over the past few years. In addition, emerging countries are witnessing significant growth in the commercial and residential construction, which in turn, offer lucrative growth opportunity.
The global microdisplays market size is estimated to touch USD 3.42 billion by the end of 2025 and is projected to register a CAGR of 19.1% over the forecast period 2018 to 2025, according to a new report by Million Insights. Microdisplays are compact in size and offer high pixels and resolution.
The global computer numerical control machines market is estimated to reach USD 117.17 billion, by the end of 2027, and is projected to grow at a CAGR of 7.3% over the forecast period, 2020 to 2027, according to a new report by Million Insights. Growing demand for reduced manpower operational costs are expected to surge demand for automation with computer numerical control (CNC) machines. In addition, technological advancement in CNC machines through laser, grinding, welding machine, and milling machines are projected to positively impact market growth.
The China cold chain market is projected to value USD 27.79 billion until 2025. It is expected to register a CAGR of 10.9% over the forecasted years, 2017 to 2025. The increasing preference over the consumption of processed food products prevailing across the millennial population is projected to propel the demand for cold chain solutions and products.