Year: 2023

KUALA LUMPUR, Malaysia, Dec. 18, 2023 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global“, or the “Company“) today announced that it is acquiring a 51% stake in a special purpose vehicle (“SPV“) for CAD12.1 million. This investment is made in connection with the transfer by Nextech3D.AI Corporation (“Nextech3D.AI“) of the following assets into the said SPV, namely:-Nextech3D.AI’s proprietary artificial intelligence (“AI“) 3D modeling platform which comes with the technology, patents, know-how, proprietary information, and other intellectual property associated with the various e-commerce applications in connection with Nextech3D.AI’s 3D modelling business; and3D modeling contracts currently owned by Nextech3D.AI associated with its 3D modeling...

Key Companies Covered in the Tattoo Market are Celebrity INK (Thailand), Aliens Tattoo (India), Fulham Tattoo (U.K.), Cloak and Dagger London (U.K.), Vivid Ink (U.K.), Radical Ink (Romania), BodyCanvas (India), Devil’z Tattoo (India), Rock n’Roll Tattoo and Piercing (U.K.), Three Kings Tattoo (U.S.), and more players profiled.Tattoo MarketTattoo MarketPune, India, Dec. 18, 2023 (GLOBE NEWSWIRE) — The global tattoo market size was valued at USD 1.89 billion in 2022 and USD 2.04 billion in 2023 and is projected to reach USD 3.93 billion by 2030 at a CAGR of 9.87% during the forecast period. The market is anticipated to grow due to the growing use of tattoos in the entertainment and fashion industry. Fortune Business Insights™ stated this in a report titled, “Global Tattoo Market, 2023-2030”. Get...

Key companies covered in the perfume market are L’Oréal S.A.(France), Unilever Plc (U.K.), Coty Inc. (U.S.), The Proctor and Gamble Co. (U.S.), The Estee Lauder Companies Inc. (U.S.), Natura & Co. (Brazil), Avon Products Inc. (U.S.), Puig SA (Spain), Revlon Inc. (U.S.), Chanel Limited (France), Shiseido Company Limited (Japan), Beiersdorf AG (Germany), and more.Perfume MarketPerfume MarketPune, India, Dec. 18, 2023 (GLOBE NEWSWIRE) — The global perfume market size was valued at USD 45.85 billion in 2022 and is projected to grow from USD 48.05 billion in 2023 to USD 69.25 billion by 2030, exhibiting a CAGR of 5.36% during the forecast period. Perfumes are pleasant-smelling solutions made by using oils, fragrances, and other ingredients to create a pleasing aroma. Increasing demand for high-quality beauty and grooming...

According to Fortune Business Insights, the global cyber insurance market size is projected to reach USD 84.62 billion in 2030, at a CAGR of 26.1% during the forecast period, 2023-2030.Cyber Insurance MarketForecast, 2024-2030Pune, India, Dec. 18, 2023 (GLOBE NEWSWIRE) — The global cyber insurance market size was valued at USD 13.33 billion in 2022 and is expected to reach USD 84.62 billion by 2030, exhibiting a CAGR of 26.1% over the forecast period. Fortune Business Insights™ provides this information in its latest research report, titled “Cyber Insurance Market Forecast, 2024-2030”. The surge can be credited to an increase in the protection of businesses from the cost of internet-based attacks affecting IT infrastructure, information governance, and information policy. Standalone Segment to Emerge Prominent...

Key companies covered in infant formula market are Nestle S.A. (Switzerland), Danone S.A. (France), Arla Foods (Denmark), Yili Group (China), Abbott (U.S.), The Kraft Heinz Company (U.S.), Bellamy’s Organic (Australia), Reckitt Benckiser Group PLC (U.K.), Perrigo Company plc (Ireland), FrieslandCampina (Netherlands) and more players profiled.Infant Formula MarketInfant Formula Market SizePune, India, Dec. 18, 2023 (GLOBE NEWSWIRE) — The global infant formula market size was valued at USD 64.69 billion in 2022 and is expected to expand from USD 71.83 billion in 2023 to USD 141.70 billion by 2030, exhibiting a CAGR of 10.19% over the study period. The expansion can be credited to the rising consumer shift toward plant-based and clean-label products. Consumers are increasingly shifting from chemical to plant-based ingredients,...

Global Boat Rental Market to Reach USD 280.02 Million by 2028; Growing Vacations Backed by Relaxed Lockdown Laws to Support Growth Pune, India., Dec. 18, 2023 (GLOBE NEWSWIRE) — Boat Rental Market Size The global boat rental market size was USD 97.97 million in 2020. The market is projected to grow from USD 100.91 million in 2021 to USD 280.02 million by 2028 at a CAGR of 15.70% during the 2021-2028 period. This insightful information is stated by Fortune Business Insights™, in its report, titled, “Boat Rental Market, 2021-2028.” As per our analysts, OEMs are sturdily creating high-performance boats to meet the rising demand for water sports activities. Moreover, boat rental companies are presenting suitable bookings utilizing mobile applications as well as online platforms. Consequently, the market is anticipated to attain...

At 21.6% CAGR, the global Artificial Intelligence Market size is projected to reach USD 2,025.12 billion by 2030Artificial Intelligence MarketForecast, 2023-2030Pune,India, Dec. 18, 2023 (GLOBE NEWSWIRE) — Global Artificial Intelligence Market Size was valued at USD 428.00 billion in 2022 and is projected to reach USD 2,025.12 billion by 2030, exhibiting a CAGR of 21.6% during the forecast period. Artificial intelligence is the simulation of human intelligence using various machines to create intelligent software and hardware which is capable of replicating human behavior. Government initiatives and investments in AI technologies to empower enterprises and end users are expected to drive market growth. Fortune Business Insights™ shares this information in its report titled Artificial Intelligence Market Forecast...

Automotive Compressor Market was Valued at USD 12.56 Billion in 2022; Marelli Corp Joined Hands with Shanghai Highly Co. Ltd, to Boost its Product Portfolio Pune, India., Dec. 18, 2023 (GLOBE NEWSWIRE) — The global automotive compressor market size was valued at USD 12.56 billion in 2022. The market is anticipated to expand from USD 13.34 billion in 2023 to USD 23.56 billion by 2030, exhibiting a CAGR of 8.47% over the estimated period. The compressor’s primary function is to elevate the pressure and temperature of the refrigerant, allowing it to release heat in the condense. This process results in the transformation of the refrigerant into a high-pressure liquid as it passes through the expansion valve. The compressor’s role in preventing driver fatigue and maintaining clear window visibility through defogging contributes...

As per the report by Fortune Business Insights, the Semiconductor IP Market size is projected to reach USD 8.53 billion in 2029, at a CAGR of 8.1% during the forecast period, 2022-2029Semiconductor IP MarketForecast, 2022-2029Pune, India, Dec. 18, 2023 (GLOBE NEWSWIRE) — The global Semiconductor IP Market size was valued at USD 4.58 billion in 2021 and is projected to reach USD 8.53 billion by 2029, exhibiting a CAGR of 8.1% during the forecast period. Fortune Business Insights presents this information in their report titled “Global Semiconductor IP Market Forecast, 2022-2029.”Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/sample/semiconductor-ip-market-106877Notable Industry Development: March 2022 – Kudelski television access and management systems IoT Hardware Security...

Global Lithium Iron Phosphate Battery Market to Touch USD 49.96 billion by 2028; Toyota and Panasonic Enter into a Joint Venture to Build Lithium-Ion Batteries for Hybrid Cars: Fortune Business Insights™ Pune, India, Dec. 18, 2023 (GLOBE NEWSWIRE) — Lithium Iron Phosphate Battery Market Size The global lithium iron phosphate battery market size was valued at around USD 8.37 billion in 2020. The market is projected to rise from USD 10.12 billion in 2021 to USD 49.96 billion in 2028 at a 25.6% CAGR during the assessment period 2021-2028. Fortune Business Insights™ has mentioned these insights in its latest research report, titled, “Global Lithium Iron Phosphate Battery Market, 2021-2028.” According to the study, robust demand for LifePO4 batteries across passenger cars and electric vehicles will boost industry growth....