The Biofortification Market is projected to grow at a CAGR of 8.6%. The biofortification market is estimated at USD 78 million in 2018, and projected to grow at a CAGR of 8.6%, to reach USD 118 million by 2023. The growth of the biofortification market is driven by the rise in funds for agronomic practices and technological advancements. A key driver for the market’s growth is the increasing use of high nutritional content in foods due to increasing consumer awareness about healthy diets.
The overall laser technology market is expected to grow from USD 12.9 billion in 2018 to USD 16.9 billion by 2024, at a CAGR of 4.65%. Huge demand from the healthcare vertical, enhanced performance over traditional material processing techniques, and shift toward production of nano and micro devices are the key factors driving the growth of this market. However, regulatory compliances could likely act as the restraint for the market’s growth.
Ride Sharing Market is estimated to be USD 61.3 billion in 2018 and is projected to reach USD 218.0 billion by 2025, at a CAGR of 19.87%. The growing need for personal mobility in the wake of rising urbanization and fall in car ownership is driving the demand for ride sharing. The factors which restrain the market are resistance from traditional transport services and complex transport policies of different countries.
Probiotic Ingredients Market is projected to grow at a CAGR of 8.5%. The global probiotic ingredients market was valued at USD 268 million in 2018 and is projected to reach USD 402 million by 2023, at a CAGR of 8.5% from 2018 to 2023.
Wearable AI Market to grow at a CAGR of 29.75% from 2018 to 2023
The wearable AI market is projected to reach USD 42.4 billion by 2023, from USD 11.5 billion in 2018, growing at a CAGR of 29.75% during that period. The expected market growth can largely be attributed to increase in demand for AI assistants, augmentation of operations in healthcare industry, emergence of IoT and integration of wireless technology, growth prospects of wearable component technology, and increase in consumer prefer
Consumer preference for increased convenience and better lifestyle drives overall consumer IoT market
The Consumer IoT Market is estimated to be USD 46.8 billion by 2018 and is projected to reach USD 104.4 billion by 2023, at a CAGR of 17.39%. The growth of the consumer IoT market can be attributed to the growing number of internet users and adoption of smart devices, increasing awareness about fitness and rise in disposable incomes in developing economies, consumer preference for increased con
Global Fortified Baby Food Market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Fortified Baby Food by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Global Food Purifier Market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Food Purifier by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Global Folding Furniture Market to reach USD 15.5 billion by 2025. Global Folding Furniture Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2018-2025. The major driving factor of global folding furniture market are increase in number of smaller homes, demand for multifunctional furniture, rapid pace of urbanization and growth in real estate market.
Smart Ticketing Market to grow at CAGR of 14.99% from 2018 to 2023. The smart ticketing market is projected to reach USD 20.4 billion by 2023 from USD 10.1 billion by 2018, at a CAGR of 14.99%. Major drivers for market growth are the affordable access to rapid transit with the help of smart transit systems, huge demand for smart ticketing from travel and tourism industry, advanced technologies in the smart ticketing systems, and upsurge in intelligent transportation market.