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The global antacids market was valued at USD 6.6 billion in 2022 and is anticipated to grow to USD 8.79 billion by 2030, representing a CAGR of 3.7% from 2023 to 2030. One of the primary factors expected to drive market growth during the forecast period is the shift in dietary habits.
The rising incidence of gastroesophageal reflux disease (GERD), peptic ulcers, and other digestive disorders that lead to issues like acidity, digestive problems, and heartburn is also predicted to propel market demand. A study published by the National Institutes of Health (NIH) in 2022 reported that 783.95 million individuals were diagnosed with GERD globally in 2019. From 1990 to 2019, the total number of years lived with disability (YLD) rose by 77.19%, the total number of prevalent cases increased by 77.53%, and the total number of incident cases grew by 74.79%.
Moreover, increasing awareness about GERD is expected to further stimulate market growth. An article from the International Foundation for Gastrointestinal Disorders highlighted that the 23rd Annual GERD Awareness Week took place in November 2022, offering information and support for those affected. Additionally, the International Foundation for Functional Gastrointestinal Disorders (IFFGD) encourages patients experiencing GERD-related symptoms to seek advice from their healthcare providers.
Key Market Trends & Insights
• Regionally, North America leads the antacid market, holding a revenue share of 44.0% in 2022. This dominance is due to a well-established healthcare system and infrastructure, high disposable incomes, and a growing elderly population. Additionally, a rise in digestive disorders is expected to contribute to this trend.
• The Asia Pacific region is anticipated to experience the highest compound annual growth rate (CAGR) of 5.4% during the forecast period, driven by significant unmet clinical needs, the availability of effective treatment options, increasing disposable incomes, and heightened consumer awareness regarding these products.
• By end-use, the market is divided into hospital pharmacy, retail pharmacy, and online pharmacy. The retail pharmacy segment accounted for the largest revenue share at 41.5% in 2022, attributed to ease of access, convenience, and the proximity of pharmacy locations. Apollo Pharmacy stands as India’s largest pharmacy chain, boasting over 4,200 stores nationwide in 2022.
• In terms of type, the market is categorized into tablets, liquids, and others. The tablets segment led the market in 2022, with the availability of chewable tablets in various flavors enhancing patient adherence. Tablets also offer precise dosage compared to other forms and are convenient to store.
Order a free sample PDF of the Antacids Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
• 2022 Market Size: USD 6.6 Billion• 2030 Projected Market Size: USD 8.79 Billion• CAGR (2023-2030): 3.7%• North America: Largest market in 2022• Asia Pacific: Fastest growing market
Key Companies & Market Share Insights
The market features competition among numerous multinational corporations and smaller businesses all vying for a larger share. Key strategies employed by major players include launching new products, expanding geographically, and forming joint ventures.
For instance, in February 2022, GlaxoSmithKline plc (GSK) announced its plan to demerge and list Haleon, a consumer health company. Haleon is set to manage various brands, including the antacids TUMS and ENO. This strategic move aims to help GSK establish a focused global consumer healthcare business through the introduction of Haleon. Haleon's strategy is built upon four main components: portfolio growth and penetration, capitalizing on growth opportunities, robust execution, financial discipline, and responsible business operations.
Furthermore, in June 2022, Wonderbelly, a startup based in Austin, introduced its over-the-counter (OTC) chewable antacid tablets, also named Wonderbelly. These tablets come in flavors like strawberry milkshake, watermelon mint, and fruity cereal. The product is notable for being non-GMO, vegan, and free from talc, synthetic sweeteners, dyes, common allergens, dairy, parabens, gluten, artificial flavors, and preservatives.
Key Players
• GlaxoSmithKline plc• Bayer AG• Boehringer Ingelheim International GmbH• Dr. Reddy’s Laboratories Ltd.• Sanofi• Reckitt Benckiser Group plc• Sun Pharmaceuticals Ltd.• Takeda Pharmaceutical Company Limited• Pfizer Inc.• Procter & Gamble
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Conclusion
Key growth drivers of global antacids market are changing dietary habits and the rising prevalence of gastroesophageal reflux disease (GERD), peptic ulcers, and other digestive disorders that cause acidity and heartburn. A 2022 NIH study noted that 783.95 million people were diagnosed with GERD globally in 2019, with significant increases in disability years and prevalent cases from 1990 to 2019. Additionally, heightened awareness about GERD, highlighted during the 23rd Annual GERD Awareness Week in November 2022, is expected to further boost market growth, encouraging patients to consult healthcare providers for symptoms.
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The global CBD gummies market was valued at approximately USD 4.75 billion in 2024 and is expected to reach USD 23.80 billion by 2030, with a CAGR of 30.8% from 2025 to 2030. CBD gummies have become popular for their convenience in consuming cannabidiol (CBD), a non-psychoactive compound derived from the cannabis plant.
The increasing awareness of the perceived benefits of CBD has led to notable growth in related sectors, particularly the CBD gummies industry. The non-psychoactive characteristics of CBD make it an attractive option for individuals focused on wellness. Additionally, the legal status of CBD products has improved in various economies, enhancing consumer accessibility. Legalization or regulation for medical use has helped diminish stigma and foster public trust in products like gummies.
Consumers have embraced CBD gummies for their anti-depressant, anti-anxiety, pain relief, and neuroprotective effects. The rising workloads of students and professionals have contributed to a global increase in anxiety and depression cases. According to the World Health Organization (WHO), about 3.8% of the global population experiences depression, affecting 5% of adults and 5.7% of those over 60. Numerous studies have underscored the potential of CBD in alleviating these conditions, with some suggesting it may help regulate serotonin levels in the brain.
Key Market Trends & Insights
• Regional Dominance: The North America CBD gummies market represented the largest revenue share of 46.8% globally in 2024. This growth is fueled by rising consumer awareness of CBD, shifting perceptions of cannabis, and increasing interest in natural wellness products.
• Distribution Channels: In 2024, the offline segment held a dominant revenue share in the global CBD gummies market. The prevalence of "head shops" in major metropolitan areas, which have a loyal customer base, offers significant growth opportunities. Consumers often prefer physical stores for purchasing authentic, high-quality products, and retail pharmacies are now providing CBD products with specific prescriptions. As acceptance and legalization of CBD expand in various economies, major pharmacy chains have started to stock a variety of gummies from different brands.
Market Size & Forecast
• 2024 Market Size: USD 4.75 Billion• 2030 Projected Market Size: USD 23.80 Billion• CAGR (2025-2030): 30.8%• North America: Largest market in 2024• Asia Pacific: Fastest growing market
Order a free sample PDF of the CBD Gummies Market Intelligence Study, published by Grand View Research.
Key Companies & Market Share Insights
Some major companies involved in the global CBD gummies industry include CV Sciences, Green Roads, and NextEvo Naturals, among others.
• CV Sciences is a U.S.-based organization that develops consumer wellness products specializing in plant-based nutrition and nutraceuticals. The company uses hemp extracts and other well-researched natural ingredients to create premium offerings. The +PlusCBD brand develops and sells CBD-infused products such as softgels, gummies, oils, and topicals. These products have been indicated for improving sleep, stress relaxation, and pain relief, among other applications. Notable CBD gummies offered by the brand include Aura Illuminate Gummies 20ct, Aura Serene Gummies 20ct, Reserve Collection Sleep Gummies 60ct, and Reserve EXTRA CBD Gummies. The Reserve EXTRA CBD Gummies contain 25mg CBD and 5mg THC, with three variants of 30ct, 60ct, and 10ct available for purchase.
• Green Roads is an American organization based in Florida involved in developing hemp-derived products, including CBD oils, gummies, topicals, softgels, and capsules. These products have been developed to help improve sleep, reduce stress and anxiety levels, enhance muscle and joint health, and increase energy and focus. Some of the popular offerings by Green Roads include Cherry Lime Pie THC Relax Gummies - (30ct) 4680mg, Kiwi Kush THC Relax Gummies - (30ct) 4680mg, Wildberry THC Relax Gummies - (30ct) 900mg, and Electric Blue THC Relax Gummies - (30ct) 900mg, among others.
Key Players
• CV Sciences, Inc.• BellRock Brands• Sunday Scaries• Green Roads• Medix CBD• NextEvo Naturals• Purekana LLC• Diamond CBD• PJ Marketing LLC• Charlotte's Web, Inc.
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Conclusion
The global CBD gummies market growth is driven by increasing awareness of the benefits of CBD, a non-psychoactive compound from the cannabis plant, which has gained popularity for its convenience and wellness properties. Improved legal status in various economies has enhanced accessibility and reduced stigma around CBD products.
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The global artificial intelligence in construction market was valued at approximately USD 2.93 billion in 2023 and is anticipated to reach USD 16.96 billion by 2030, growing at a CAGR of 26.9% from 2024 to 2030. This growth is fueled by the various advantages AI offers in the construction sector, including the prevention of cost overruns by forecasting budgets based on historical data and aiding in the development of predictive models aligned with project timelines. This efficiency renders mega-construction projects more cost-effective.
Artificial intelligence (AI) also improves 3D model-based processes, lightening the workload for engineers, construction professionals, and architects. Additionally, it enhances project planning through robots that conduct 3D scans of construction sites, providing data that helps management tackle on-site issues.
Another significant driver of this market is the enhanced risk control on job sites, which assures contractors and subcontractors can concentrate on productive tasks. Furthermore, advanced AI applications, such as autonomous construction machinery, improve on-site efficiency by automating labor-intensive activities like bricklaying and concrete pouring. Concurrently, AI-driven workforce optimization mitigates labor shortages by intelligently distributing workloads, analyzing performance, and allocating resources. The diverse benefits of AI in construction significantly boost the demand for related products and services, propelling market growth.
Key Market Trends & Insights
• North America Artificial Intelligence in construction market dominated the market with 40.4% share in 2023. The factors responsible for this growth are attributed to the huge investments in technology and heavy usage of AI in project management, risk management, supply chain management, and many more fields which is increasing the demand for the product and growing the market in the region significantly.
• The U.S. dominated the North American AI in the construction market with a share of 75.3% in 2023 due to real-time collaborations, stringent regulatory compliances, and technological advancements which led to a surge in the demand for the product and the growth of the market significantly in the country.
• In terms of offering segment, solution offerings dominated the market with a revenue share of 81.7% in 2023. This growth is primarily driven by significant advancements in AI technologies, including Natural Language Processing (NLP), deep learning, and machine learning.
• Based on application, the project management applications segment accounted for the 36.2% market revenue share in 2023. This growth is primarily driven by the integration of machine learning algorithms.
Order a free sample PDF of the Artificial Intelligence In Construction Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
• 2023 Market Size: USD 2.93 Billion• 2030 Projected Market Size: USD 16.96 Billion• CAGR (2024-2030): 26.9%• North America: Largest market in 2024
Key Companies & Market Share Insights
Some prominent companies in the artificial intelligence (AI) sector of the construction market include Microsoft, Oracle, SAP SE, and others. Organizations are striving to expand their customer base to secure a competitive advantage in the industry. As a result, major players are implementing various strategic initiatives, including mergers and acquisitions, along with partnerships with other leading firms.
• Microsoft has entered this market by offering AI solutions like Copilot, Dynamics 365, and Microsoft Azure AI, which enhance daily operations such as client management, marketing, regulatory compliance, and more.
• Oracle is partnering with companies like Rosedin Electric to establish innovative labs in this field and promote market innovation. They provide data-driven decision-making software, including Oracle Construction Intelligence Cloud Services.
Key Players
• Autodesk Inc.• International Business Machines Corporation• Microsoft• Oracle• SAP SE• Trimble Inc.• ALICE Technologies Inc.• BuildingConnected• The Access Group• Doxel.
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Conclusion
The global artificial intelligence in construction market growth is driven by AI's ability to prevent cost overruns, enhance 3D modeling processes, and improve project planning through data-driven insights. Additionally, AI facilitates better risk control on job sites, allowing contractors to focus on productivity. Advanced applications like autonomous machinery automate labor-intensive tasks, while workforce optimization strategies address labor shortages. Overall, AI's multifaceted benefits are significantly boosting demand for related products and services, fueling market expansion.
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The global market for AI in life science analytics was valued at USD 1,731.7 million in 2023 and is expected to grow to USD 3,608.1 million by 2030, reflecting a CAGR of 11.1% from 2024 to 2030. This significant growth is fueled by advancements in AI and machine learning technologies, which have improved the analysis of complex, large-scale datasets, resulting in enhanced drug discovery, personalized medicine, and patient care.
Moreover, increased investments from pharmaceutical companies and government initiatives that promote AI research and development are further driving market growth. AI’s ability to streamline clinical trials, optimize supply chain management, and enhance decision-making processes is accelerating its adoption in the life sciences sector.
Industries within life sciences concentrate on improving health through innovative medical solutions, including drug development, treatments for critical diseases, and minimally invasive surgical tools that enhance patient outcomes and recovery times. Companies are actively pursuing AI innovation in this field. For instance, in October 2023, Fujitsu Limited and RIKEN's HPC- and AI-driven Drug Development Platform Division unveiled a new AI technology capable of predicting protein structural changes from electron microscope images, generating 3D density maps using generative AI.
Key Market Trends & Insights
• In terms of region, North America was the largest revenue generating market in 2023.• In terms of segment, cloud accounted for a revenue of USD 1,731.7 million in 2023.• Cloud is the most lucrative delivery segment registering the fastest growth during the forecast period.
Order a free sample PDF of the AI In Life science Analytics Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
• 2023 Market Size: USD 1,731.7 Million• 2030 Projected Market Size: USD 3,608.1 Million• CAGR (2024-2030): 11.1%• North America: Largest market in 2023
Key Companies & Market Share Insights
The market is extremely competitive, with many companies globally investing in AI-based tools to deliver more effective analytical solutions. For instance, in September 2021, IQVIA introduced the AI-driven MI Contact Center for life sciences. This solution allows companies to disseminate information via new virtual agents, working alongside human experts to prioritize and address inquiries more efficiently.
Key Players
• Indegene• Lexalytics• Databricks• SAS Institute, Inc.• IQVIA• IBM• Sorcero• Axtria
Browse Horizon Databook for Global AI In Life science Analytics Market Size & Outlook
Conclusion
AI in life science analytics market growth is driven by advancements in AI and machine learning, enhancing drug discovery, personalized medicine, and patient care. Increased investments from pharmaceutical companies and government support for AI research are also contributing to this expansion. Additionally, AI streamlines clinical trials and optimizing supply chain management. Notably, Fujitsu Limited and RIKEN recently introduced AI technology that predicts protein structural changes from electron microscope images, showcasing ongoing innovation in this sector.
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The global alternative fuels market was valued at USD 294.0 million in 2024 and is anticipated to reach USD 512.4 million by 2030, growing at a CAGR of 9.8% from 2025 to 2030. This growth is fueled by the rising demand for cleaner and more sustainable energy sources.
Governments around the world are enacting stringent environmental regulations and establishing ambitious carbon reduction targets, prompting industries and consumers to embrace alternative fuels. This transition is crucial as governments aim to lower greenhouse gas emissions and reduce reliance on fossil fuels. Consequently, investments in the research and development of alternative fuels like biofuels, hydrogen, and electric fuels are expected to increase significantly in the coming years.
Another significant factor driving industry growth is the rapid technological advancements in fuel production and infrastructure. New technologies are enhancing the efficiency, accessibility, and cost-competitiveness of alternative fuel options compared to traditional fuels. For instance, improvements in battery technology are boosting the efficiency and range of electric vehicles, making them more appealing to consumers. Likewise, innovations in biofuel production are enhancing the sustainability of biofuels by utilizing waste materials and agricultural by-products, thereby reducing environmental impact and production costs.
Key Market Trends & Insights
• Asia Pacific led the global alternative fuels market in 2024, holding the largest revenue share of over 43.0%. This leadership is primarily attributed to the region's rapid economic growth, increasing industrialization, and heightened demand for cleaner energy sources.
• The U.S. alternative fuels market is experiencing substantial growth, mainly driven by government initiatives and incentives aimed at lowering carbon emissions.
• The industry is categorized by type into natural gas, biodiesel, ethanol, hydrogen, and others. Natural gas emerged as the largest segment, accounting for over 31.04% of the market share in 2024.
• By end-use, the market is divided into transportation, chemical, agricultural, industrial, and others. The transportation segment was the largest, capturing more than 53.0% of the global alternative fuels market share in 2024.
• In terms of vehicle type, the industry is segmented into light commercial vehicles, heavy commercial vehicles, and luxury vehicles. The light commercial vehicle segment emerged as the largest, holding over 54.0% of the market share in 2024.
Order a free sample PDF of the Alternative Fuels Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
• 2024 Market Size: USD 294.0 Million• 2030 Projected Market Size: USD 512.4 Million• CAGR (2025-2030): 9.8%• Asia Pacific: Largest market in 2024
Key Companies & Market Share Insights
The competitive landscape of the alternative fuels market is rapidly changing, fueled by the increasing global demand for sustainable energy solutions in sectors such as transportation, industry, and agriculture. Key participants include both established energy giants and new startups, all vying to leverage the rising trend toward cleaner fuels like biofuels, hydrogen, natural gas, and electric vehicles (EVs). Market dynamics are influenced by government policies and incentives that promote renewable energy technologies, encouraging innovation and investment in alternative fuel solutions. Companies in the Asia Pacific region, especially in China and Japan, are at the forefront of developing and adopting alternative fuels, while North America and Europe concentrate on enhancing domestic production capabilities and decreasing reliance on foreign sources. Forming strategic partnerships with automotive manufacturers, energy providers, and infrastructure developers is becoming essential for strengthening market positions, as price competition, technological advancements, and regulatory compliance continue to enhance market competitiveness.
• In April 2023, Iwatani Corporation entered into an agreement with the New Energy and Industrial Technology Development Organization (NEDO) for a project aimed at the technical development of hydrogen systems and creating a business model for energy reuse.
• In April 2023, Linde plc announced a long-term agreement with Evonik, a specialty chemicals manufacturer, to distribute and supply green hydrogen in Singapore. This agreement is expected to help Linde plc expand its presence in the Asia Pacific market to meet the rising demand for hydrogen in the region.
Key Players
• BP Plc• Sasol Ltd.• General Electric Company• EI DuPont• ExxonMobil Corporation.• Cosan• Gushan Environmental Energy• Archer Daniel Midland• Neste• INEOS Enterprises
Browse Horizon Databook for Global Alternative Fuels Market Size & Outlook
Conclusion
Governments are implementing strict environmental regulations and carbon reduction targets, encouraging the adoption of alternative fuels. This shift is expected to boost investments in biofuels, hydrogen, and electric fuels significantly. Technological advancements in fuel production and infrastructure are enhancing efficiency and cost-competitiveness, particularly in electric vehicle battery technology and sustainable biofuel production using waste materials.
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The global adaptogenic mushrooms market was valued at USD 11.72 billion in 2022 and is expected to reach USD 26.62 billion by 2030, growing at a CAGR of 10.8% during the forecast period. This market growth is primarily driven by an increasing consumer interest in natural health remedies and heightened awareness of the benefits of mushrooms. Additionally, rising stress levels among consumers significantly contribute to the growing demand. The COVID-19 pandemic positively influenced the demand for adaptogenic mushrooms as more consumers sought immunity-boosting foods. It also underscored the desire for the functional benefits associated with mushrooms, further spurring demand.
In recent years, adaptogenic mushrooms have become popular due to their potential health advantages and their ability to help the body cope with stress. As awareness of the potential side effects of pharmaceutical treatments grows, more individuals are turning to natural remedies for health issues. Adaptogenic mushrooms provide a natural and safe means to bolster the immune system and alleviate stress.
Consumers are increasingly seeking foods with health benefits. Adaptogenic mushrooms are viewed as functional foods, offering advantages beyond basic nutrition. They can be easily incorporated into smoothies, teas, and other dishes to deliver a variety of health benefits. As interest in functional foods expands, the demand for adaptogenic mushrooms is expected to rise.
Key Market Trends & Insights
• Asia Pacific led the market, accounting for a 41.3% share of global revenue in 2022. The demand for adaptogenic mushrooms in this region has been steadily rising in recent years. These mushrooms, used for centuries in traditional Asian medicine, offer a variety of health benefits, including stress relief, immune system support, and anti-inflammatory properties.
• The North American adaptogenic mushrooms market is projected to grow at a CAGR of 11.1% from 2022 to 2030. The growth in this region is supported by the perceived health benefits of adaptogenic mushrooms, along with increasing consumer awareness regarding overall well-being.
• By product type, the reishi segment dominated the market, holding the highest revenue share of 23.09% in 2021. The demand for reishi as an adaptogenic mushroom is fueled by its potential health benefits and its traditional use in herbal medicine.
• In terms of form, the dried segment led the market with a share of 57.1% in 2021. The advantages of dried mushrooms, such as longer shelf life, concentrated flavor, and nutrient density, make them an ideal choice for food and beverage manufacturers.
• Regarding applications, the stress and anxiety relief segment had the largest share at 32.09% in 2021. The health benefits associated with adaptogenic mushrooms, including adrenal gland regulation, improved oxygen uptake, increased energy levels, and reduced inflammation, are key factors driving demand in this segment.
Order a free sample PDF of the Adaptogenic Mushrooms Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
• 2023 Market Size: USD 11.72 Billion• 2030 Projected Market Size: USD 26.62 Billion• CAGR (2024-2030): 10.8%• North America: Largest market in 2023• Asia Pacific: Fastest growing market
Key Companies & Market Share Insights
The market is expected to experience competition among numerous players within the industry. Several companies are expanding their product portfolios to secure a competitive advantage. Manufacturers are actively involved in research and development related to products used in the production of adaptogenic mushrooms. In July 2022, Four Sigmatic introduced ground coffee made from adaptogenic mushrooms.
Key Players
• Four Sigmatic• Om Mushroom Superfood• Real Mushrooms• Sun Potion• Mushroom Science• Paul E. Stamets and Fungi Perfecti, LLC,• Terrasoul Superfoods• Nammex
Browse Horizon Databook for Global Adaptogenic Mushrooms Market Size & Outlook
Conclusion
The global adaptogenic mushrooms market growth is driven by consumer interest in natural health remedies, increased awareness of mushroom benefits, and rising stress levels. The COVID-19 pandemic further boosted demand due to a shift towards immunity-enhancing foods. Adaptogenic mushrooms are gaining popularity for their health benefits and role in stress adaptation. As consumers seek functional foods, the demand for these mushrooms is expected to grow due to their versatility in various recipes.
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June 16, 2025
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The global market for Cloud Security Posture Management (CSPM) is projected to reach USD 10.37 billion by 2030, experiencing a robust compound annual growth rate (CAGR) of 10.3% from 2025. This forecast, from a new report by Grand View Research, Inc., highlights the critical role CSPM plays in modern IT.
The primary catalyst for this growth is the widespread adoption of cloud computing. As organizations increasingly migrate their workloads and sensitive data to cloud environments, they face a heightened need for robust security and regulatory compliance. CSPM solutions address this by providing real-time security monitoring, automated checks for misconfigurations, and continuous risk assessments. This empowers businesses with enhanced visibility and control over their dynamic cloud infrastructures. The escalating frequency of cybersecurity incidents and data breaches has further intensified the demand for CSPM tools, as enterprises prioritize proactive defense of their valuable information and intellectual property.
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The expanding use of hybrid cloud deployments is also driving the need for specialized CSPM solutions. These tools offer a unified security view across diverse environments—public, private, and on-premises—ensuring consistent policy enforcement and compliance across the entire hybrid ecosystem. Moreover, the integration of DevOps practices into software development necessitates embedding security early in the process. Modern CSPM solutions are designed to fit seamlessly into DevOps workflows, providing developers and security teams with immediate insights into potential vulnerabilities, thereby fostering a "security-by-design" approach.
Companies within the CSPM market are strategically engaging in mergers, acquisitions, and partnerships to bolster their solution capabilities, expand their customer base, and penetrate new markets. A notable instance is the February 2022 acquisition of Fugue, Inc., a CSPM provider, by Snyk Limited, a cybersecurity firm. This move aimed to integrate Fugue's CSPM expertise into Snyk's Developer Security Platform, offering CSPM solutions specifically tailored for developers.
Cloud Security Posture Management Market Report Highlights
• The solution segment dominated the market with a revenue share of over 68.0% in 2024. The attributes of the CSPM solutions, including automated remediation capabilities and continuous monitoring, have played a significant role in protecting data, resulting in the solution segment's growth
• The SaaS segment dominated the market with a revenue share of over 40.0% in 2024. The presence of CSPM solution, which features attributes including the ability to assess the security posture of SaaS applications, and enforce best security practices, has played a significant role in the growth of the SaaS segment
• The hybrid segment is projected to be the fastest-growing segment from 2025 to 2030. The availability of CSPM solutions, which are best suited for hybrid cloud, offers conditions monitoring and analysis of resources across all environments, which has driven the growth of the hybrid segment
• The small and medium-sized enterprises segment is projected to be the fastest-growing segment from 2025 to 2030. SMEs have been working toward increasing their cybersecurity defense owing to the increasing cyber-attacks and stringent cybersecurity regulations. This trend is also seen in the CSPM market, thereby driving the growth of the SME segment over the forecast period
• The healthcare segment is expected to register the fastest CAGR from 2025 to 2030. CSPM solutions offer continuous monitoring and analysis, enabling healthcare businesses to detect misconfigurations and safeguard patient confidentiality., which has resulted in the increased adoption of CSPM solutions in the healthcare industry
• The Asia Pacific region is projected to witness the highest growth in the CSPM market with a CAGR of 12.0% from 2025 to 2030. The growth can be attributed to increasing cyberattacks, improving cybersecurity awareness, and increasing the number of businesses utilizing cloud computing services, among others
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The global digital product passport market size was valued at USD 213.9 million in 2024 and is expected to expand at a CAGR of 34.9% from 2025 to 2030. This growth is primarily driven by the increasing global demand for product transparency, sustainable manufacturing practices, and circular economy solutions.
Companies across various industries are adopting DPP systems to track and share detailed product information, including material sources, environmental impact, and end-of-life options. This trend is supported by rising consumer awareness, investor pressure regarding environmental, social, and governance (ESG) performance, and the need for businesses to optimize resource use and minimize waste.
Furthermore, consumers are giving more priority to eco-products and demanding rich information regarding sourcing and sustainability about products. Consumers' new perceptions are nudging businesses towards taking up DPPs as a means of creating brand trust and fulfilling market needs. One of the key trends in the worldwide DPP market is the adoption of innovative technologies such as blockchain, the Internet of Things (IoT), and Artificial Intelligence (AI), which enhance the scalability and efficiency of DPP deployments. Blockchain technology provides secure and unalterable product information tracking across supply chains, while IoT sensors enable real-time monitoring of product conditions. AI is increasingly used to process lifecycle data, forecast product behaviour, and automate compliance procedures. Such technologies are evolving DPPs from passive tracking systems to active systems that are capable of monitoring supply chain activities and disruptions and hence improving operating efficiency and sustainability performance.
Key Companies profiled:
• 3E• Avery Dennison• Billon Group• Circularise• CIRPASS• Det Norske Veritas Group (DNV)• iPoint-systems GmbH• Kezzler• LyondellBasell Industries Holdings B.V.• OPTEL GROUP• Sigma Technology
Key Digital Product Passport Company Insights
Some of the key players operating in the market are SIEMENS, 3E, Avery Dennison, Billon Group, among others.
• 3E is an environmental, health, and safety (EHS) compliance solutions provider that specializes in data services supporting manufacturers in managing chemical and material data. For DPP, 3E's platforms help businesses accumulate and store mandatory data attributes such as substance declarations, regulatory flags (e.g., REACH, RoHS), and safety data. Such datasets are critical inputs for businesses in electronics, packaging, and chemical industries trying to meet upcoming digital passport regulations.
• Avery Dennison focuses on labelling technologies, smart packaging, and digital identification systems. It supplies RFID labels, QR code technologies, and traceability platforms in the cloud that enable physical products to be connected with digital records. For applications related to DPP, Avery Dennison solutions enable brands to store and transmit rich product information such as composition, origin, and recyclability. Its solutions are commonly applied in apparel, logistics, and consumer goods industries where product traceability is becoming increasingly important from a regulatory perspective.
• Billon Group creates secure digital identity, data transfer, and document storage technologies on the blockchain. Its solution is engineered to enable immutable and decentralized storage of structured data, such as those required for DPP frameworks. Billon's architecture enables permissioned sharing of data, version control, and compliance auditing, especially applicable to firms with intricate cross-border supply chains and companies handling sensitive material declarations or supplier information
Order a free sample PDF of the Digital Product Passport Market Intelligence Study, published by Grand View Research.
Recent Developments
• In February 2025, Victoria's Secret & Co. rolled out its initial batch of Digital Product Passports (DPPs) across several collections such as the Signature Cotton T-shirt Bra and the VSX Featherweight Max Sports Bra. Each passport, available through QR code on the product label, gives consumers detailed product information, such as fabric makeup, transparency around sourcing, manufacturing partners, and environmental impact metrics. The DPP implementation is just one aspect of Victoria's Secret's overall focus on sustainability and responsible production practices, designed to increase traceability and customer involvement.
• In January 2025, Madaster launched its own Digital Product Passport (DPP) platform specifically designed for the construction and manufacturing industries. The system collects and deals with detailed information on product material composition, embodied carbon, reusability potential, and end-of-life disposition. Intended to assist firms in meeting soon-to-be imposed European Union circular economy regulations, the platform helps stakeholders minimize waste and maximize efficiency of resources. Madaster's DPP service highlights the change toward data-led sustainability in built environments and manufacturing.
• In June 2024, Eviden, in partnership with the IOTA Foundation, launched the Eviden Digital Passport Solution (EDPS), a turnkey Digital Product Passport solution using blockchain technology. Based on IOTA's distributed ledger technology, EDPS provides secure and tamper-proof storage of data about a product's life cycle, carbon footprint, and sustainability performance. The first application targets automotive batteries, facilitating compliance with future EU regulations as well as more general use across industries looking for traceability and ESG compliance.
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May 30, 2025
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The U.S. self-checkout systems market hit a value of $1.91 billion in 2024. Experts predict a significant climb, with a compound annual growth rate (CAGR) of 12.0% between 2025 and 2030. This expansion is largely fueled by the retail sector's increasing demand for automation and operational efficiency. Retailers are eager to streamline the checkout experience and cut down on labor expenses, a necessity given the current labor shortage. Furthermore, the growing preference for cashless payments has made self-checkout a more viable and attractive option, offering customers quicker and more convenient transactions.
Gather more insights about the market drivers, restrains and growth of the U.S. Self-checkout Systems Market
Technological advancements are vital in improving the functionality of self-checkout systems, driven by innovations like artificial intelligence and touchless payment methods. For example, Diebold Nixdorf's "Vynamic Smart Vision | Shrink Reduction" utilizes SeeChange's AI and machine learning cloud platform, enabling retailers to implement advanced technologies across various locations easily. These enhancements streamline the checkout process, offering consumers a more secure and user-friendly experience. AI-powered systems can swiftly identify items without barcodes, significantly accelerating transactions and minimizing wait times. Moreover, touchless payment options address the growing preference for contactless transactions, further enhancing customer satisfaction.
Additionally, the growing consumer demand for convenience is fuelling the rise of self-checkout systems. Customers value the ability to manage their own checkout process, enabling them to bypass long lines and finish transactions at their preferred speed. As more shoppers look for fast and efficient shopping options, retailers are increasing their self-checkout installations. This trend can be observed in numerous retail settings, including grocery stores and pharmacies, where self-checkout has become commonplace.
Key Companies profiled:
• NCR Voyix Corporation• Diebold Nixdorf, Incorporated• Fujitsu• Gilbarco Veeder-Root Company.• MetroClick• Toshiba Global Commerce Solutions• Pyramid Computer Ltd.• Posiflex• Invenco Group Ltd.• ECR Software Corporation
Key U.S. Self-checkout Systems Company Insights
The U.S. self-checkout systems market features several notable companies.
• Fujitsu Frontech North America Inc. specializes in innovative technology solutions for the retail sector, particularly self-checkout systems. Fujitsu is known for its RFID-enabled self-checkout solutions, which significantly reduce checkout time and enhance customer convenience. Fujitsu's U-SCAN software technology is hardware-agnostic, allowing it to integrate seamlessly with various self-checkout hardware, including NCR. This flexibility enables retailers to optimize their operations and improve the shopping experience by offering faster, more secure transactions while maintaining effective inventory management.
• Toshiba Global Commerce Solutions provides comprehensive self-checkout solutions to enhance retail efficiency and customer satisfaction. Their systems are equipped with advanced features such as customizable interfaces and touchless payment options, catering to the diverse needs of modern consumers. Toshiba focuses on creating flexible solutions that allow retailers to adapt their self-checkout offerings based on customer preferences and store layouts. By integrating innovative technology with user-friendly designs, Toshiba aims to streamline the checkout process and support retailers in delivering a seamless shopping experience.
Order a free sample PDF of the U.S. Self-checkout Systems Market Intelligence Study, published by Grand View Research.
Recent Developments
• In May 2024, Mashgin announced a partnership with payments solution provider Verifone to enhance its touchless self-checkout technology. This integration allows Mashgin to deploy its computer vision self-checkout system through Verifone’s Commander solution, which is currently utilized in 40% of convenience stores across the U.S. The collaboration aims to streamline the checkout process, enabling retailers to offer faster transactions while managing payments and loyalty programs through a centralized commander site controller.
• In February 2024, Aldi introduced its first fully automated checkout system in the U.S. at a suburban Chicago store, partnering with technology firm Grabango. This innovative system allows shoppers to leave the store without scanning their items. It utilizes computer vision-based cameras and sensors mounted on the ceiling to monitor customers and record their selections as they shop. The technology enhances convenience by eliminating traditional checkout lines while offering customers the option to use a cashier if preferred.
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Jyoti Waghmare
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May 29, 2025
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In-building Wireless Industry Overview
The global in-building wireless market reached an estimated USD 19.42 billion in 2023. This market is projected to expand significantly, showing a CAGR of 10.7% from 2024 to 2030. This growth is primarily fueled by the proliferation of smart devices, such as wearables and IoT devices. As more connected devices populate various establishments, a sturdy infrastructure becomes critical to ensure high-speed connectivity and support their operations throughout the premises.
In-building wireless solutions provide this necessary infrastructure, effectively managing the increasing volume of smart devices and delivering uninterrupted connectivity. Furthermore, with the emergence of Industry 4.0, manufacturers are keen on implementing these solutions across a diverse range of applications. These include Robotics, Intelligent Process Automation (IPA), Automatic Guided Vehicles (AGVs), Process Automation (RPA), remote site monitoring, autonomous vehicles, smart cities, and drone surveillance. Such applications require networks with low latency, high bandwidth, and robust security. In-building wireless solutions empower businesses to independently manage scalable and dependable networks that cater to their present operational needs.
Gather more insights into the market drivers, restraints and growth of the In-building Wireless Market
Enterprises are prioritizing low latency costs, understanding that in-building wireless solutions are crucial for their infrastructure, especially for mission-critical applications. The increasing number of IoT and Machine-to-Machine (M2M) devices, which utilize AI and ML to support vital equipment across sectors, has boosted the dependability of indoor wireless coverage, offering high bandwidth, low latency, and high service deliverability. Companies with mission-critical needs are expected to lean more on in-building wireless for coverage instead of relying only on external carriers.
The Impact of 5G on In-building Wireless
The rollout of 5G networks is revolutionizing the in-building wireless market, fueling the need for better indoor capacity and coverage. With 5G's low latency and ultra-fast speeds, users anticipate uninterrupted connectivity inside buildings. This drives the demand for in-building wireless solutions like Distributed Antenna Systems (DAS), small cells, and indoor repeaters to efficiently distribute 5G signals indoors. Additionally, 5G's use of the mmWave spectrum presents propagation challenges that make in-building solutions essential for extending coverage effectively.
Future Prospects and Market Evolution
Businesses across diverse industries are poised to use 5G-enabled applications to improve customer experiences and productivity, thereby increasing the demand for reliable indoor connectivity. Furthermore, 5G offers opportunities to enhance emergency communications and public safety within buildings. The deployment of 5G networks is reshaping the in-building wireless landscape.
Key Companies profiled:
The following are the leading companies in the in-building wireless market. These companies collectively hold the lsargest market share and dictate industry trends.
• Airspan Networks• Cobham Limited• CommScope, Inc.• Corning Incorporated• Huawei Technologies Co., Ltd.• JMA Wireless• Nokia• Samsung Electronics Co., Ltd.• TE Connectivity• Telefonaktiebolaget LM Ericsson
Key In-building Wireless Company Insights
Key In-building wireless companies include Corning Incorporated, Huawei Technologies Co., Ltd., JMA Wireless, Nokia, and Samsung Electronics Co., Ltd. Companies active in the in-building wireless market are focusing aggressively on expanding their customer base and gaining a competitive edge over their rivals. Hence, they pursue various strategic initiatives, including partnerships, mergers & acquisitions, collaborations, and new product/ technology development. For instance, in February 2024, Wipro Limited, a leading technology services and consulting firm, announced a collaborative private wireless solution with Nokia to support enterprises in scaling their digital transformation efforts. This joint solution will offer enterprises a secure 5G private wireless network integrated with their operational infrastructure. It promises enhanced mobility, reliability, connectivity speed, and real-time access to business insights, along with the capability to handle large data volumes with minimal latency.
Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.
Recent Developments
• In June 2024, Hewlett Packard Enterprise Development LP unveiled the HPE Aruba Networking Enterprise Private 5G, designed to simplify and accelerate the management and deployment of private 5G networks. This solution delivers high levels of reliable wireless coverage across expansive campus and industrial settings, and it opens up new, previously unexplored use cases for private cellular networks.
• In May 2024, ZTE Corporation, a global leader in information and communication technology solutions, announced a commercial deployment of its latest-generation wireless products in partnership with Thailand's top mobile operator, Advanced Info Service PLC. This deployment, which takes place at the A-Z Center, aims to leverage advanced technology to assist Advanced Info Service PLC in developing a green, ultra-simplified, and intelligent telecommunications network.
• In May 2024, Boldyn Networks announced the acquisition of Apogee Telecom, Inc. This strategic acquisition enhances Boldyn Networks' connectivity offerings in the expanding education market by integrating Apogee Telecom, Inc.'s established reputation and expertise with Boldyn's global experience and comprehensive range of wireless and fiber solutions.
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