Market_trends

The global  virtual power plant market  is expected to reach a market size of USD 3,724.2 million by 2028 at a relatively robust CAGR over the forecast period, according to latest analysis by Emergen Research. This growth can be attributed to factors such as increasing initiatives of various governments regarding adoption of renewable sources of energy, which is driving renewable power generation activities. Rapid urbanization and rising focus on decarbonization, along with the rapid digitalization trend, are other factors driving adoption of virtual power plants, and the trend is expected to continue during the forecast period. Increasing energy consumption is another factor driving demand for virtual power plants to monitor and increase production of energy from renewable sources. Technological advancements on the traditional power grid for development of a new smart decentralized grid with bi-directional energy is contributing to growth of the virtual power plants market....

The global  Artificial Intelligence systems spending market  is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector. Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period. Rising focus of governments on digital economy transformation is expected to further support market growth going ahead. The Artificial Intelligence Systems Spending Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the glob...

The global  healthcare IT integration market  is projected to reach value of USD 7.32 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the global healthcare IT integration market is expected to expand significantly, owing to the rising demand for remote patient monitoring. Moreover, the increasing demand for personalized care in the healthcare industry is also anticipated to propel the global healthcare IT integration market during the forecast period. Furthermore, rising adoption of telehealth and e-health applications in the healthcare industry is projected to fuel the global healthcare IT integration market during the forecast period. Some major companies in the market report include   Oracle Corporation, Allscripts Healthcare Solutions, Inc., NextGen Healthcare, Inc., Capsule Technologies, Inc., Tata Consultancy Services Ltd., CIOX Health LLC, Leidos Holdings, Inc., Nuance Communications, Inc., Dell Technologies Inc.,...

  The  pet food packaging market   is projected to reach value of USD 13.27 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market for pet food packaging can be attributed to high rate of pet adoption and growing trend of pet humanization. Various animal shelters and individual pet lovers are joining forces to educate people in order to increase awareness about pet adoption through social media or by organizing multiple camps. People have started to accept their pets as a member of their family. This perception has created significant increase in the demand for packed food products for animals. Concerns about a pet’s nutritional intake are constantly rising among pet owners, which is boosting the demand for advanced materials required in the pet food packaging industry. Manufacturers are developing advanced technologies to offer a state-of-the-art solution for packaging, which would protect the pet food from getting spoiled ...