Day: January 17, 2023

The dairy alternatives market was valued at USD 21.3 billion in 2021. It is predicted to reach a value of USD 47.5 billion by 2028, growing at an estimated CAGR of 10.4% during the forecast period (2022-2028). Westford USA, Jan. 17, 2023 (GLOBE NEWSWIRE) — Several health benefits of dairy alternatives have led to their widespread use in various applications. Furthermore, the functional properties of dairy-free products contribute to improved texture, resistance to fatigue, stress, aging, and a variety of other issues. Dairy alternatives have high antioxidant and fatty acid content, which lowers the risk of cardiovascular disease, cancer, and diabetes. Consumers prefer milk alternatives with chocolate and vanilla flavors, particularly the younger generation. The ample availability of alternative dairy products and growing awareness...

The current sensor market value surpassed USD 2.48 billion in 2021. The market is predicted to reach USD 5.3 billion by 2028, at a stable CAGR of 8.4% during the forecast period (2022-2028). Westford USA, Jan. 17, 2023 (GLOBE NEWSWIRE) — The current sensor market is expanding due to the increased adoption of power management systems in data centers, which improves speed and efficiency while lowering power expenditure. Furthermore, the government has strictly enforced rules to control data center power consumption, one of the key factors driving the current sensor market’s growth. A current sensor is an electronic device that detects electric current in a wire and converts it into a measurable output voltage signal proportional to that current. The generated output signal is then used to display the measured current in an...

The contact center software market was worth around USD 22.37 billion in 2021 and is anticipated to cross USD 41.16 billion by 2028, at a CAGR of 12.3% over the forecast period (2022 – 2028). Westford USA, Jan. 17, 2023 (GLOBE NEWSWIRE) — The growing need to improve the customer experience at lower costs is driving the contact center software market. It aids in meeting the increased competition and customer expectations through technological advancements. Contact center software improves a contact center’s efficiency and effectiveness by focusing on interactions between customers and contact center agents. Businesses use innovative technologies like mobile supercomputing, machine learning, and artificial intelligence to accelerate the fourth industrial revolution, which drives demand for contact center software. However,...

Global Diabetic Socks market size was valued at USD 219.15 Million in 2021, and it is expected to reach a value of USD 318.80 Million by 2028, at a CAGR of 5.5% over the forecast period (2022–2028). Westford, USA, Jan. 17, 2023 (GLOBE NEWSWIRE) — SkyQuest’s analysis of the Diabetic Socks market provides valuable insights. The industry is currently in a growth phase, with sales increasing at a rate of 5.5% per year. However, there is potential for further growth, particularly in the Calf Length segment of the market. One of the key factors driving the market’s expansion is the increased incidence of diabetic neuropathy around the world. Diabetes is a condition that begins with the loss of sensation in the feet and legs and can progress to foot ulcers when nerves are destroyed as a result of high blood sugar. The American...

Global Liquid Soap market size was valued at USD 18.45 billion in 2021, and it is expected to reach a value of USD 28.92 billion by 2028, at a CAGR of 6.63% over the forecast period (2022–2028). Westford, USA, Jan. 17, 2023 (GLOBE NEWSWIRE) — SkyQuest’s analysis of the Liquid Soap market provides valuable insights. Since its introduction to the market a few decades ago, liquid soap, a powerful challenger to traditional bathing and washing bars, has received an enormous response. Product demand is being fueled by easy-to-squeeze containers, readily available refilling packs, and the availability of a wide range of fragrances. The ease and convenience of the liquid form over solid bars, together with its success in preventing viral and bacterial disease spread across all regions of the world, has resulted in widespread interest...