Day: October 30, 2023

Global Employee Monitoring Solution Market Sees Steady Growth, Driven by Demand for Productivity and Technological Advancements Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global employee monitoring solution market size was USD 10.95 Billion in 2022 and is expected to register a revenue CAGR of 6.4% during the forecast period. This growth is fueled by the increasing need for tracking employee productivity, preventing internal resource misuse, and the integration of advanced technologies in organizations. The rising demand for identifying employee productivity and accountability is a major driver behind the market’s revenue growth. Employee monitoring systems have gained popularity across various industries, with an increasing adoption rate, despite some opposition from employees. By 2025, it is predicted that 70% of large...

Global Online Advertising Market Sees Remarkable Growth in 2022, Predicted to Continue Thriving with Key Trends Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global online advertising market size was USD 210.3 Billion in 2022 and is expected to register a revenue CAGR of 10.4% during the forecast period. Several key factors are contributing to this sustained expansion, making online advertising a critical aspect of marketing strategies for businesses across various industries. One major driver of the online advertising market is the increasing use of mobile devices and digital applications. The adoption of smartphones and digital apps has led to a surge in demand for online advertising, as businesses aim to connect with their target audiences efficiently and cost-effectively. The transition from traditional marketing to social...

The armored vehicle market experienced strong growth in 2022, driven by geopolitical tensions, counterterrorism efforts, and technological advancements. Ongoing conflicts and defense modernization initiatives further fueled demand for these versatile vehicles. Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global armored vehicle market size was USD 24.92 Billion in 2022 and is expected to register a revenue CAGR of 5.2% during the forecast period. A comprehensive market research report highlights that the market is expected to register a revenue CAGR during the forecast period, driven by several key factors. Geopolitical Tensions: Increasing geopolitical tensions and conflicts worldwide have boosted the demand for armored vehicles for security and military operations. Counterterrorism: The ongoing fight against terrorism has contributed...

Global Medical Endoscope Devices Market Shows Rapid Growth, Fueled by Advancements in Healthcare Technology Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global medical endoscope devices market size was USD 29.1 Billion in 2022 and is expected to register a rapid revenue CAGR of 7.1% during the forecast period. Key drivers include the increasing advancements in surgical procedures, the rising incidence of Gastrointestinal (GI) diseases, and continuous technological innovations in the field. Medical endoscope devices are slender, tube-like instruments used for in-depth examination of internal organs or tissues. They serve various purposes, including imaging and minor surgical procedures. Recent developments in medical technology have led to the integration of Artificial Intelligence (AI) in patient treatment. Computer technology...

Global Enterprise Asset Management Market Shows Rapid Growth, Fueled by Technological Advancements Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global Enterprise Asset Management (EAM) market size was USD 4.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.4% during the forecast period. This growth can be attributed to the rapid advancement of innovative technologies like Artificial Intelligence (AI), Internet of Things (IoT), and data analytics. These technologies, alongside a growing emphasis on asset optimization and lifecycle management, are driving the market’s revenue growth. EAM plays a pivotal role in managing and utilizing a company’s operational assets throughout their lifecycle. It involves planning, optimizing, and executing strategies to enhance efficiency and asset utilization....

Global Autonomous Ships Market Shows Strong Growth, Fueled by Maritime Trade and Technological Advancements Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global autonomous ships market size was USD 4.13 Billion in 2022 and is expected to register a revenue CAGR of 9.4% during the forecast period. This remarkable growth can be attributed to the increasing adoption of maritime transportation, technological advancements in maritime ships, and the integration of Artificial Intelligence (AI) into autonomous ships. Autonomous ships, which require no direct human intervention, are gaining prominence in the maritime industry. Key market players such as Maersk, Yara International, Sea Machines, Robosys, and ASV Global are actively engaged in the development of autonomous vessel control systems and technologies. Their efforts, along with...

Global Polyester Film Market Shows Steady Growth with Key Applications in Packaging and Electronics Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global polyester film market size was USD 38.72 Billion in 2022 and is expected to register a revenue CAGR of 6.6% during the forecast period. Key factors driving this growth include the increasing demand for flexible packaging materials in Fast-Moving Consumer Goods (FMCG) products, advancements in film manufacturing technologies, and the rising adoption of polyester films in electrical and electronic applications. The market is also benefiting from the demand for polyester fibers in textile and construction industries. Polyester film, known as Polyethylene Terephthalate (PET) film, is a robust and versatile polymer-based material with exceptional mechanical, chemical, and thermal...