Press releases

The Middle East molded case circuit breakers (MCCB) market size is projected to value at USD 652.4 million by 2022, according to a new report published by Million Insights. The rising demand for reliable power and electricity delivery along with insufficient electric power infrastructure is likely to augment demand.

The global residential washing machine market size is projected to value at USD 22.55 billion by 2025, according to a new report published by Million Insights, at a CAGR of 6.1% from 2019 to 2025. The increasing standard of living along with urbanization is anticipated to boost the market growth. Additionally, considerable improvements in electricity infrastructure in emerging economies like Indonesia, China, and India are likely to augment the product demand.

The global packaged milkshakes market size is expected to register a revenue of USD 365.0 Million by 2025 and projected to grow at a CAGR of 6.3% over the forecast period, from 2019 to 2025, according to a new report by Million Insights.

The North America building thermal insulation market size is projected to value at USD 10.75 billion by 2025, according to a new report published by Million Insights, Conducive regulations regarding reducing energy consumption are expected to be the key factor for the increasing popularity of these products.

The global high-k and ALD CVD metal precursors market is anticipated to reach USD 789.8 million by the end of 2025. It is expected to grow at the CAGR of around 8.3% from 2019 to 2025, according to the new report by Million Insights. The growing trend of electronic devices and semiconductor miniaturization a get a compact design are the key factors that are anticipated to propel the market growth.

The global predictive analytics market size is anticipated to reach USD 23.9 billion until 2025. It is anticipated to register growth with 23.2% CAGR during the forecasted period, 2019 to 2025. This growth can be associated with an exponential increase in the generation of data coupled with rising awareness about its usage for implementing marketing strategies.

The global construction toys market is projected to reach USD 19.64 billion by 2025 with a CAGR of 9.5%, according to a new report by Million insights. The growing popularity of the product among children for cognitive development is anticipated to be the key driving factor for the market growth.

The global interactive whiteboard market size is anticipated to reach USD 2.8 billion until 2027. It is anticipated to register growth with 7.6% CAGR during the forecasted period, 2020 to 2027. This growth can be associated with its surging usage for carrying out presentations at office and for teaching purposes at schools and colleges.

The global heavy-duty automotive aftermarket size is projected to value at USD 155.8 billion by 2025, according to a new report published by Million Insights, at a CAGR of 4.5% from 2018 to 2025. The growing penetration of outdated and older trucks has led to the increase in demand for replacement parts which further boosts the heavy-duty automotive aftermarket. The other factors like greater wear and tear of vehicles due to regular use, durability of components, and growth in the number of vehicles are expected to contribute to market growth.

The global commercial helicopter market size is estimated to touch USD 6.92 billion by 2025, according to a new report by Million Insights. It is predicted that the market would grow at a CAGR of 3.8% over the forecast period. Growing oil & gas industry and increasing use of air ambulance are driving the market demand. 

The global application container market size is anticipated to reach USD 8.2 Billion until 2025. It is expected to register growth with 26.5% CAGR during the forecasted period, 2019 to 2025. This growth can be associated with its surging usage for running and deploying applications in the absence of VMs (Virtual Machines).

The global biodegradable cutlery market size is estimated to attain USD 50.7 million, by the end of 2025, and is projected to grow at the CAGR of around 5.9% from 2019 to 2025, according to the new report by Million Insights.The strict policies set by the government authorities on the use of non-biodegradable plastics materials is a key factor propelling the market growth.

The global car rental market is estimated to attain USD 125.4 billion, by the end of 2025, and is projected to grow at the CAGR of 5.1% over the forecast period, 2019 to 2025, according to a new report by Million Insights, High ownership cost linked with personal vehicles and growing tourism sector is projected to boost the market growth.

The U.S. advanced battery energy storage system market size is projected to value at USD 780.5 million by 2024, according to a new report published by Million Insights. The presence of numerous market players coupled with technological advancement is projected to stimulate demand from 2016 to 2024.

The global motorcycle helmet market size is projected to touch USD 5.10 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 6.9% through the forecast period of 2019-2025. Increasing awareness regarding safety while driving to avoid road accidents is expected to propel the growth of the market. Additionally, stringent rules regarding wearing helmets by the riders as well as their pillions is expected to further drive the demand of the product.

The Qatar smartphone market size is anticipated to reach USD 2.15 Billion until 2025. It is anticipated to register growth with 2.5% CAGR during the forecasted period, 2018 to 2025. This growth can be associated with its surging usage of smartphones among the millennial population coupled with their usage in communication, gaming, shopping, health monitoring, and internet browsing.

The Japan corrugated board market size is estimated to be USD 5.02 billion by 2022, according to a new report by Million Insights, Increasing food & beverage industry is predicted to augment the market growth over the forecast period. The corrugated board was used for fragile glassware materials. Increasing demand for packaging materials in order to ensure the freshness of the products while transportation is projected to increase the adoption of corrugated board.

The global team collaboration software market size is projected to touch USD 24.2 billion by 2027, as per a new report by Million Insights. The market is predicted to grow at a CAGR of 12.7% over the forecast duration. The growing trend of the distributed workforce and the need for effective collaboration with freelancers is estimated to propel the market growth.

The global online event ticketing market size is anticipated to reach USD 67.99 billion by 2025. It is anticipated to register growth with 4.8% CAGR during the forecasted period, 2018 to 2025. This growth can be associated with the shifting trend prevailing among the millennial population for usage of mobile applications to book movie and event tickets at any point of time with minimal or no charges.

The global business process outsourcing market size was worth USD 245.9 billion in 2021 and is anticipated to grow to USD 525.2 billion by 2030 and expand at a 9.1% CAGR from 2022 to 2030. Factors driving the market growth include cost reduction businesses, access to global resources by organizations, business agility improvement, organizational efficiency, and core competency implementation for catering to business dynamics changes.