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Day: September 26, 2022

With 17.3% CAGR, ePharmacy Market Worth USD 177,794.9 Million by 2026

According to Fortune Business Insights, the global ePharmacy market size is expected to reach USD 177,794.9 million in 2026 from USD 49,727.7 million in 2018, and estimated to grow at a CAGR of 17.3% during forecast period (2019-2026) Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — Fortune Business Insights has published latest forecast for ePharmacy market in their report titled, “ePharmacy Market Forecast, 2019-2026”. As per the report, the global market size was USD 49,727.7 million in 2018. The global ePharmacy market size is projected to 177,794.9 million in 2026 at a CAGR of 17.3% in the forecast period, 2019-2026. According to the World Bank, approximately 84% populace in Germany depend on Internet and around 75% populace in the U.S. are subscribers of the Internet, which augments the global ePharmacy market growth Key industry...

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Kaixin Auto Holdings Announces Binding Acquisition Term Sheet with Morning Star and Joint Plans to Grow POCCO EV

BEIJING, Sept. 26, 2022 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has signed a binding acquisition term sheet with Wuxi Morning Star Technology Co., Ltd. (“Morning Star”), who manufactures and operates the POCCO EVs. According to the term sheet, Kaixin intends to acquire 100% equity of Morning Star through new share issuance and makes it a wholly owned subsidiary. Morning Star acquired 100% equity of Henan Yujie Time Limited earlier this year, and is actively promoting the strategic re-positioning and re-branding of the company from “a leading mini multi-purpose electric passenger vehicle producer” to “a pioneer in smart mini new energy vehicles.” The POCCO EV business under Morning Star produces the MeiMei and DuoDuo brands of mini electric passenger vehicles. The...

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AIP Realty Trust Announces Forward Purchase Agreements to Acquire an Additional Seven Light Industrial Flex Properties in Texas and Execution of Agreement to Provide Mezzanine Loans

VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) through its exclusive development partner, AllTrades Industrial Properties, Inc. (“AllTrades”) continues to grow its acquisition pipeline of new light industrial flex facilities properties in the Dallas-Fort Worth (“DFW”) area of Texas. The Trust is pleased to announce that its wholly owned subsidiary AIP Realty Management, LLC (“ARM”) has entered into forward purchase agreements (the “Agreements”) to acquire up to seven additional companies, each of which are developing one new AllTrades-branded light industrial flex property in DFW (collectively, the “Properties”). The Agreements provide AIP with the exclusive option, subject to certain conditions, to acquire (i) AIP Roanoke, LLC, (ii) AIP Keller Hicks, LLC, (iii)...

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With 34.8 % CAGR, mHealth Apps Market Worth USD 314.60 Billion by 2028

According to Fortune Business Insights, the global mHealth Apps Market size is expected to reach USD 314.60 billion in 2028 from USD 24.93 billion in 2020, and estimated to grow at a CAGR of 34.8% during forecast period (2021-2028) Pune,India, Sept. 26, 2022 (GLOBE NEWSWIRE) — The global mHealth apps market size is expected to showcase exponential growth by reaching USD 314.60 billion by 2028 while exhibiting a CAGR of 34.8% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “mHealth Apps Market, 2021-2028.” The report further observes that the market stood at USD 24.93 billion in 2020. The increasing prevalence of chronic ailments and the rapid-paced development in the telecommunication sector is anticipated to propel the demand for the product worldwide.   The negative effect...

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Ride Sharing Market Size to Worth Around USD 242.73 Billion by 2028

The global ride sharing market size is expected to worth around USD 242.73 billion by 2028 from valued at USD 84.30 billion in 2021 and anticipated to grow at a CAGR of 16.3% from 2021 to 2028. Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — The global ride sharing market size was USD 76.48 billion in 2020. The market is projected to grow from USD 84.30 billion 2021 to USD 242.73 billion in 2028 at a CAGR of 16.3% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Ride Sharing Market, 2021-2028.” Factors, such as the lack of proper public transport systems in the developing nations is expected to entice key players to invest heavily in those regions, thus aiding market growth. Stringent emission regulations to accelerate favorable business outcomes during forecast...

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At 13.1% CAGR, Smart Manufacturing Market Size to Reach USD 658.41 Billion in 2029

According to Fortune Business Insights, the global Smart Manufacturing Market Size is projected to reach USD 658.41 billion in 2029, at CAGR of 13.1% during forecast period [2022-2029] Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — As per the report published by Fortune Business Insights, The Smart Manufacturing Market Size is projected to grow from USD 277.81 billion in 2022 to USD 658.41 billion by 2029, exhibiting a CAGR of 13.1% during the forecast period [2022 to 2029]. Smart Manufacturing Market Size, Share & COVID-19 Impact Analysis, By Component, By Deployment, By Enterprise Size, By Industry and Regional Forecast, 2022-2029. Developing technologies such as Artificial Intelligence (AI), cloud, big data, and Machine Learning (ML) is predicted to refine smart manufacturing competencies. Augmented Investment by Government...

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With 26.6% CAGR, Cognitive Computing Market Size worth USD 72.26 Billion in 2027

As per the report published by Fortune Business Insights, the global Cognitive Computing Market size is projected to reach USD 72.26 Billion in 2027, at CAGR of 26.6% during forecast period (2022-2027) Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — The Cognitive Computing Market Size is expected to gain momentum by exhibiting a stellar CAGR of 26.6% between 2020 and 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence (AI), machine learning, and the internet of things (IoT) in the healthcare industry across the globe. This information is published by Fortune Business Insights, in its latest report, titled “Cognitive Computing Market Size, Share & COVID-19 Impact Analysis, By Component (Platform, and Services), By Technology (Machine Learning (ML), Natural Language Processing...

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Oilfield Services Market Size to Grow Worth USD 346.45 Billion at a CAGR of 6.6% by 2027 | Fortune Business Insights

According to Fortune Business Insights, the global oilfield services market size is projected to grow from USD 267.82 billion in 2019 to USD 346.45 billion in 2027, at CAGR of 6.6% during forecast period. Increasing shale gas extraction activities to propel market growth. Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — The global oilfield services market size is expected to gain momentum by reaching USD 346.45 billion by 2028 while exhibiting a CAGR of 6.6% between 2020 to 2027. In its report titled “Oilfield Services Market, 2020-2027,” Fortune Business Insight mentions that the market stood at USD 267.82 billion in 2019. The surging shale gas extraction from hydraulic fracturing and other stimulation procedures will bolster the growth of the market. Oilfield Services Market to gain colossal advantage; Award won by TechnipFMC for...

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With 24.3% CAGR, Security Analytics Market Worth USD 28.55 Billion by 2027

According to Fortune Business Insights, the global security analytics market size is projected to reach USD 28.55 billion in 2027, at a CAGR of 24.3% during the forecast period Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — The security analytics market size is projected to reach USD 28.55 billion by 2027, exhibiting a CAGR of 24.3% during the forecast period. Frequent cyber-attacks and the resultant data breaches will be the central growth driver for this market, shares Fortune Business Insights™ Industry Developments:January 2020: RSA Security, the US-based network security expert, announced the commercial release and availability of the enhanced version of its RSA NetWitness Platform. The product is equipped with Machine Learning (ML) capabilities and advanced threat detection features, enabling enterprises to respond to...

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With 6.3% CAGR, Vascular Plugs Market Size worth USD 178.5 Million in 2029

According to Fortune Business Insights, The global vascular plugs market size was USD 109.9 million in 2021. The market is projected to grow from USD 116.2 million in 2022 to USD 178.5 million by 2029, exhibiting a CAGR of 6.3% during the forecast period. Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) — The global vascular plugs market size was USD 109.9 million in 2021. The market is projected to grow from USD 116.2 million in 2022 to USD 178.5 million by 2029, exhibiting a CAGR of 6.3% during the forecast period. This information is provided by Fortune Business Insights, in its report, titled, “Vascular Plugs Market, 2022-2029.” According to our analysts, the growing occurrence of vascular ailments and surging number of peripheral embolization processes is anticipated to spur the implementation rate of these devices during the...

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