Day: November 27, 2023

Global Battery as a Service Market to Grow at 21.4% CAGR over 2023 to 2030; Hyundai Motor Group Unveiled its Plan to Enter a Joint Venture with SK On for EV Battery Cell Production Pune, India., Nov. 27, 2023 (GLOBE NEWSWIRE) — The global battery as a service market size was valued at USD 1.14 billion in 2022 and market is expected to grow from USD 1.37 billion in 2023 to USD 5.30 billion by 2030, exhibiting a CAGR of 21.4% over the forecast period. Consumers get the option of leasing batteries or subscribing to the EV battery separately from the vehicle by using the automotive BaaS. The market growth can be attributed to the growing transition toward electric mobility. Moreover, BaaS is in line with the automotive sector’s shift toward sustainable offerings and addresses the concerns of consumers regarding the convenience and...

As per the report by Fortune Business Insights, the global Analytics as a Service Market Size is projected to reach USD 39.91 billion by 2030, at a CAGR of 25.7% during the forecast period.Analytics as a Service MarketForecast, 2023 – 2030Pune,India, Nov. 27, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Analytics as a Service Market Size was valued at USD 6.68 billion in 2022 and is projected to grow from USD 8.07 billion in 2023 to USD 39.91 billion by 2030, exhibiting a CAGR of 25.7% during the forecast period. Analytics as a Service provides access to software and data analysis tools via cloud and helps in data organization, analysis, and visualization. The market growth is being driven by the surging deployment of cloud-based technology by several enterprises.Key Industry Development- September...

According to the report by Fortune Business Insights, the global medical billing outsourcing market size is projected to reach USD 31.78 Billion by 2030, at a CAGR of 11.7% during the forecast period, 2023-2030Medical Billing Outsourcing MarketMedical Billing Outsourcing Market Forecast, 2023-2030Pune, India, Nov. 27, 2023 (GLOBE NEWSWIRE) — The medical billing outsourcing market size expected to be worth USD 14.65 billion in 2023 and is projected to reach USD 31.78 billion by 2030, recording a CAGR of 11.7% during forecast period. Medical billing outsourcing refers to managing medical billing processes of healthcare centers, with the help of third party organizations. Fortune Business Insights™ displays this information in a report titled, “Medical Billing Outsourcing Market, 2023-2030.”Notable...

Automatic Number Plate Recognition (ANPR) System Market to Grow at 7.6% CAGR over 2023 – 2030; Hanwha Vision Launched an AI-enabled High-speed ANPR Camera to Detect Number Plates Pune, India., Nov. 27, 2023 (GLOBE NEWSWIRE) — The global automatic Number Plate Recognition system market size was valued at USD 2.51 billion in 2022. The industry is expected to expand from USD 2.79 billion in 2023 to USD 4.64 billion by 2030, exhibiting a CAGR of 7.6% over the study period. An optical character recognition engine is deployed in the Automatic Number Plate Recognition (ANPR) system technology for reading the vehicle license plates or registration plates from captured images or videos to develop vehicle location data, which is stored in its database. The market expansion can be credited to the rapid deployment of data analytics...

As per the report by Fortune Business Insights, the global Interventional Oncology Market size is projected to reach USD 3.45 billion in 2030, at a CAGR of 7.9% during the forecast period, 2023-2030Interventional Oncology MarketInterventional Oncology Market Forecast, 2023-2030Pune, India, Nov. 27, 2023 (GLOBE NEWSWIRE) — The interventional oncology market size is projected to grow from USD 2.02 billion in 2023 to USD 3.45 billion by 2030, exhibiting a CAGR of 7.9% during the forecast period. The Interventional oncology is used to diagnose, treat, and palliate cancer using minimally invasive procedures performed under image guidance. Fortune Business Insights mentioned this in a report titled, “Interventional Oncology Market, 2023-2030.”Request a Free Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/interventional-oncology-market-101986Key...

Electric Vehicle (EV) Battery Housing Market to Exhibit 13.4% CAGR Over 2023-2030; Magma Invests more than USD 470 Million to Increase its Activities across Ontario, Canada Pune, India, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global Electric Vehicle (EV) battery housing market size was USD 9.31 billion in 2022. The market is set to rise from USD 11.80 billion in 2023 to USD 28.40 billion by 2030 at a CAGR of 13.4% during 2023-2030. Electric Vehicle (EV) battery housing is a specially developed box for batteries, including the lithium-ion battery of an electric vehicle. Increasing demand for EV battery housing to safeguard the battery cell from damage and environmental factors, including moisture, dust, and debris is driving market expansion. Fortune Business Insights™ shares this information in its report titled “Electric Vehicle...

As per the report by Fortune Business Insights, the global microsurgery market size is projected to reach USD 3.33 billion in 2030, at a CAGR of 5.2% during the forecast period, 2023-2030Microsurgery MarketMicrosurgery Market Forecast, 2023-2030Pune, India, Nov. 27, 2023 (GLOBE NEWSWIRE) — The microsurgery market size is expected to be worth USD 2.34 billion in 2023 and projected to reach USD 3.33 billion by 2030, recording a CAGR of 5.2% during forecast period. The growing prevalence of chronic medical conditions has increased the demand for these surgeries, thereby boosting the microsurgery market growth. Fortune Business Insights displays this information in a report titled, “Microsurgery Market, 2023-2030.”Request a Free Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/microsurgery-market-106936Key...

As per the report by Fortune Business Insights, The Biopharmaceuticals Market size is projected to reach USD 799.76 Billion by 2030, at a CAGR of 7.9% during the forecast period.Biopharmaceuticals MarketBiopharmaceuticals Market (2023-2030)Pune, India, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global biopharmaceuticals market size was USD 437.12 billion in 2022, and it is anticipated to expand from USD 470.80 billion in 2023 to USD 799.76 billion by 2030, exhibiting a CAGR of 7.9% over the study period. Biopharmaceuticals are deployed for in vivo diagnostic or therapeutic purposes. The product demand is set to rise owing to the surging population and an upsurge in age-related diseases across various regions.  Fortune Business Insights™ provides this information in its research report, titled “Biopharmaceuticals Market,...

Rising demand for real-time information systems is a major factor driving traffic sensor market revenue growth Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global traffic sensor market size is expected to reach USD 1,090.2 Million in 2032 and register a steady revenue CAGR of 6.8% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for real-time information systems is the primary factor driving market revenue growth. Traffic sensors are used to collect information about road traffic for signal control, and the obtained data is sent to the Vehicle Information and Communication System Centre (VICS Centre). Proper traffic management ensures that traffic flows smoothly and efficiently, which as a result increases public safety on the roads. Sensors provide data on vehicle speed and trip...