Isha Deshpande's Blog – July 2023 Archive (8)

The global large format display (LFD) market size was USD 14.11 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.8% during the forecast period. The large format display (LFD) market is a rapidly growing sector of the electronics industry. LFDs are displays that are larger than traditional computer monitors or televisions, typically used for digital signage, advertising, and other commercial applications.

One of the key drivers of the large format display market is…

In 2022, the global digital signature market size was USD 5.95 Billion and predicted to rise at a CAGR of 42.1%. E-signatures to reduce signature forgery, controlled and smooth workflow, cloud-based security solutions, and AI advancements are growing market revenue. A secure virtual signature or seal, a digital signature uses mathematical methods to verify the authenticity and integrity of a digital file, message, or programme. Digital signatures prevent online fraud and forgeries. These…

The global automatic visual inspection systems market size was USD 14.46 Billion in 2022 and is expected to register a rapid CAGR of 12.3% during the forecast period. Automatic visual inspection systems are used to detect defects or faults in manufactured products through the use of cameras and image processing software. The automatic visual inspection systems market is expected to experience significant growth in the coming years, driven by several factors.

One of the primary…

The global onboard carbon capture system market size was USD 924 Million in 2022 and is expected to register a revenue CAGR of 8.3 % during the forecast period, according to latest analysis by Emergen Research. Onboard Carbon Capture (OCC) system is a new technology that combines energy efficiency and alternative fuels to create a circular solution for lowering maritime CO2 emissions. According to the United Nations Conference on Trade and Development (UNCTAD), the worldwide maritime…

The global electronic shelf label market size is expected to reach USD 4.79 Billion in 2032 and register a steady revenue CAGR of 13.8% over the forecast period, according to latest analysis by Emergen Research. High demand for price optimization from retailers can be attributed to steady revenue growth of the global electronic shelf label market. Retailers still need to act after receiving real-time pricing update or input. The advantages of dynamic pricing are constrained by the frequency…

The global clinical microbiology market size is expected to reach USD 8.17 Billion in 2032 and register a steady revenue CAGR of 6.5% during the forecast period, according to the latest analysis by Emergen Research. Clinical microbiology market revenue growth is expected to be driven by growing funding and investments for research studies and the development of newer technologies in laboratory automation. For instance, on 23 September 2021, Opentrons Labworks Inc. announced that SoftBank…

The global pharmacy automation market size was USD 5.41 Billion in 2021 and is expected to register a steady revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Rising need for reducing errors in medication, technological advancement in pharmacy and medical sectors, increasing adoption of robots in pharmaceutical industries, and government initiatives for vaccine and drug dispensing are key factors driving t market growth revenue.

The…

The global veterinary Point of Care (PoC) diagnostics market size is expected to reach USD 4.36 Billion at a steady revenue CAGR of 8.9% in 2032, according to the latest analysis by Emergen Research. Advantages of POCT can be attributed to the steady market revenue growth of veterinary PoC diagnostics. Point-Of-Care Testing (POCT) allows for quicker clinical decision-making during the processes of diagnosis (rule-in or rule-out), treatment selection and monitoring, and prognosis, as well as…