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Month: May 2023

Car Rental & Leasing Market Size Worth USD 1,139.21 Billion, Globally, by 2030 at 7.6% CAGR

Written by Customer Service on . Posted in Mergers And Acquisitions.

The car rental & leasing market size is expected to reach USD 1,139.21 billion by 2030 from USD 728.13 billion in 2023, at CAGR of 7.6%. The market was valued USD 641.54 billion in 2022. Increase in Demand for Passenger Vehicles Surges the Market Growth: Fortune Business Insights: Fortune Business Insights Pune, India., May 29, 2023 (GLOBE NEWSWIRE) — The global car rental & leasing market size was valued at USD 641.54 billion in 2022. The market is projected to grow from USD 728.13 billion in 2023 to USD 1,139.21 billion by 2030, exhibiting a CAGR of 7.6% during the forecast period. The market is growing robustly due to the growing popularity of ride-hailing services. Fortune Business Insights™ presents this information in its report titled “Global Car Rental & Leasing Market, 2023 – 2030.” Industry...

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eDiscovery Market Size to Surpass USD 32.53 Billion by 2030, exhibiting a CAGR of 11.2%

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As per the report by Fortune Business Insights, the global eDiscovery Market size is projected to reach USD 32.53 Billion by 2030, at a CAGR of 11.2% during the forecast period. Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global eDiscovery market size was valued at USD 14.10 billion in 2022 and is projected to grow from USD 15.45 billion in 2023 to USD 32.53 billion by 2030, exhibiting a CAGR of 11.2% during the forecast period. Rising Data Breaches and Frauds and Growing Adoption of Cloud-based Solutions to Aid Market Expansion. This information is provided by Fortune Business Insights, in its report titled, eDiscovery Market Forecast, 2023-2030. eDiscovery is primarily used for filing a lawsuit or investigation by collecting evidence in the form of voicemail, email, audio, video, digital...

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Egg Processing Machine Market Size [2023-2030] worth USD 1,060.7 Million, Globally, by 2030 at 3.8% CAGR

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The egg processing machine market size is expected to reach USD 1,060.7 million by 2030 from USD 817 million in 2023, at CAGR of 3.8%. The market was valued USD 792 million in 2022. Increased Consumption of Processed Foods Is Accelerating the Demand for Such Machines: Fortune Business Insights Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — The global egg processing machine market size was valued at USD 792 million in 2022. The market is projected to grow from USD 817 million in 2023 to USD 1,060.7 million by 2030, exhibiting a CAGR of 3.8% during the forecast period. The demand for eggs is gaining a boost as they have many minerals, vitamins, and protein. Change in food habits and increased consumption of processed foods is accelerating the demand for egg processing machines. The trend of substituting shell eggs with powered eggs...

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Hot Water Circulator Pump Market Size [2023-2030] worth USD 10.48 Billion, Globally, by 2030 at 4.0% CAGR | Industry Trends, Growth, Share, Manufacturers, Demand, Revenue, And Forecast Analysis

Written by Customer Service on . Posted in Mergers And Acquisitions.

The hot water circulator pump market size is expected to reach USD 10.48 billion by 2030 from USD 7.96 billion in 2023, at CAGR of 4.0%. The market was valued USD 7.73 billion in 2022. Various Applications of Welding Technology and Demand from the Automotive Industry Are Expected to Drive Market Growth: Fortune Business Insights Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — The global hot water circulator pump market size was valued at USD 7.73 billion in 2022. The market is projected to grow from USD 7.96 billion in 2023 to USD 10.48 billion by 2030, exhibiting a CAGR of 4.0% during the forecast period. Hot water circulator pumps provide instant hot water in industries, homes, and commercial sectors. Concerns for energy efficiency and reduction of the energy costs are expected to drive the market growth. Fortune Business Insights™...

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H World Group Limited Reports First Quarter of 2023 Unaudited Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

A total of 8,592 hotels or 820,099 hotel rooms in operation as of March 31, 2023. Hotel turnover1 increased 71.3% year-over-year to RMB16.2 billion in the first quarter of 2023. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 68.8% year-over-year in the first quarter of 2023. Revenue increased 67.1% year-over-year to RMB4.5 billion (US$652 million)2 in the first quarter of 2023, surpassing the revenue guidance previously announced of a 61% to 65% increase compared to the first quarter of 2022. Revenue from the Legacy-Huazhu segment in the first quarter of 2023 increased 58.0% year-over-year, exceeding the revenue guidance previously announced of a 53% to 57% increase. Net income attributable to H World Group Limited was RMB990 million (US$144 million) in the first quarter of 2023,...

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Blood Glucose Monitoring System Market Size to Surpass USD 32.99 billion by 2030, exhibiting a CAGR of 9.9%

Written by Customer Service on . Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global Blood Glucose Monitoring System Market size is projected to reach USD 32.99 billion by 2030, at a CAGR of 9.9% during the forecast period Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — The Global Blood Glucose Monitoring System Market size is anticipated to rise during the forecast period due to the increasing prevalence of diabetes and technological development in medical equipment. According to Fortune Business Insights, the global blood glucose monitoring system market size was valued at USD 15.80 billion in 2022 and is projected to grow from USD 17.03 billion in 2023 to USD 32.99 billion by 2030, exhibiting a CAGR of 5.1% during the forecast period. Key Industry Development:March 2023: With automated insulin delivery systems, Abbott received the U.S. FDA approval for...

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Social Media Analytics Market Size to Surpass USD 46.46 Billion by 2030, exhibiting a CAGR of 22.9%

Written by Customer Service on . Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global social media analytics market size is projected to reach USD 46.46 billion in 2030, at a CAGR of 22.9% during the forecast period, 2023-2030 Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global social media analytics market size was valued at USD 8.97 billion in 2022 and is projected to grow from USD 10.99 billion in 2023 to USD 46.46 billion by 2030, exhibiting a CAGR of 22.9% during the forecast period. Rising Use of SaaS Model and Artificial Intelligence (AI) to boost the market. Fortune Business Insights, provide this information in its report titled, Global Social Media Analytics Market Forecast, 2023-2030.Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/social-media-analytics-market-106800Social...

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Vertical Farming Market Size to Surpass USD 27.42 Billion by 2030, exhibiting a CAGR of 27.3%

Written by Customer Service on . Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global vertical farming market size is projected to reach USD 27.42 billion in 2030, at a CAGR of 27.3% during the forecast period, 2023-2030 Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global vertical farming market size was valued at USD 4.16 billion in 2022 and is projected to grow from USD 5.05 billion in 2023 to USD 27.42 billion by 2030, exhibiting a CAGR of 27.3% during the forecast period. Robotics and Artificial Intelligence to Drive the Market Growth. Fortune Business Insights, provide this information in its report titled, Global Vertical Farming Market Forecast, 2023-2030.Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vertical-farming-market-101958Food security, low water usage,...

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Mobile Payment Market Size to Surpass USD 18.84 Trillion by 2030, exhibiting a CAGR of 30.1%

Written by Customer Service on . Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global Mobile Payment Market size is projected to reach USD 18.84 Trillion by 2030, at a CAGR of 30.1% during the forecast period. Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global mobile payment market size was valued at USD 2.32 trillion in 2022 and is projected to grow from USD 2.98 Trillion in 2023 to USD 18.84 Trillion by 2030, exhibiting a CAGR of 30.1% during the forecast period. Paybacks and Reward Strategies to Augment Growth. Fortune Business Insights presents this information in their report titled Global Mobile Payment Market Forecast, 2023–2030. Customers can securely replace cash-based transactions with mobile payments, allowing rapid money transfers. The use of mobile-based payment solutions is being boosted by the expansion...

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UPM Fibres is preparing to temporarily adjust production at Kaukas, Finland, and initiates consultations with employee representatives concerning potential temporary layoffs

Written by Customer Service on . Posted in Public Companies.

(UPM, Lappeenranta, 29 May 2023 at 12:15 EEST) – UPM Fibres business area begins consultations with employee representatives at the Kaukas pulp mill, sawmill and wood reception to prepare for possible temporary production adjustment to address the market situation. As the raw material streams of the Kaukas pulp mill and sawmill are closely linked, also the sawmill prepares to adjust production. UPM Fibres prepares to temporary layoff personnel of the Kaukas pulp mill, sawmill and wood reception for a fixed term period. The possible temporary layoffs could take place in several periods and would last a maximum of 90 days. The total number of employees covered by the employee consultations is approximately 370. Temporary adjustment of pulp production and possible temporary layoffs could possibly take place in the second half of the year...

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