In 2024, the Spanish levels market was finally on the rise to reach $818M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption showed a strong expansion. Over the period under review, the market attained the peak level in 2024 and is expected to retain growth in the immediate term.

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Power Price Forecasting Solution Market Outlook

According to our latest research, the global Power Price Forecasting Solution market size reached USD 1.58 billion in 2024, and it is expected to grow at a robust CAGR of 13.2% over the forecast period, reaching USD 4.16 billion by 2033. This remarkable growth is primarily driven by the increasing integration of renewable energy sources, the growing complexity of electricity grids, and the rising demand for efficient energy trading and risk management solutions. The market’s expansion is further propelled by the need for accurate, real-time forecasting to support grid stability, optimize energy procurement, and enhance profitability for stakeholders across the energy value chain.

One of the key growth factors for the Power Price Forecasting Solution market is the rapid digital transformation sweeping across the global energy sector. Utilities and independent power producers are increasingly deploying advanced analytics, artificial intelligence, and machine learning technologies to predict price fluctuations with greater accuracy. The proliferation of distributed energy resources such as solar, wind, and battery storage has introduced unprecedented volatility and complexity into power markets, making traditional forecasting methods inadequate. As a result, there is a surge in demand for sophisticated forecasting platforms capable of processing massive datasets and delivering actionable insights in real time. This trend is expected to accelerate as more countries pursue aggressive decarbonization targets and grid modernization initiatives.

Another significant driver is the evolving regulatory landscape and market liberalization efforts in many regions. Deregulation of electricity markets, particularly in Europe and North America, has created a highly competitive environment where accurate price forecasting is crucial for market participants to maximize returns and minimize risks. In addition, the growing participation of energy traders, financial institutions, and industrial consumers in wholesale electricity markets has heightened the need for precision forecasting tools. These stakeholders rely on advanced forecasting solutions to inform bidding strategies, hedge against price volatility, and comply with regulatory requirements. The increasing availability of high-frequency market data and advancements in computational capabilities are further enabling the development of more precise and adaptive forecasting models.

The Power Price Forecasting Solution market is also benefiting from increased investments in smart grid infrastructure and IoT-enabled devices. Utilities are leveraging these technologies to enhance grid visibility, improve demand-side management, and facilitate the integration of variable renewable energy sources. The convergence of big data analytics, cloud computing, and edge technologies is empowering market participants to make data-driven decisions and respond proactively to market dynamics. As energy systems become more decentralized and interconnected, the ability to forecast power prices accurately will become an essential competitive differentiator. This is fostering a vibrant ecosystem of solution providers, technology vendors, and system integrators, all vying for a share of the rapidly expanding market.

From a regional perspective, North America currently leads the global Power Price Forecasting Solution market, accounting for the largest revenue share in 2024, followed closely by Europe and Asia Pacific. The dominance of these regions can be attributed to their mature electricity markets, high penetration of renewables, and strong regulatory support for market transparency and innovation. Meanwhile, Asia Pacific is poised for the fastest growth over the forecast period, driven by rapid urbanization, expanding grid infrastructure, and increasing investments in clean energy projects. Latin America and the Middle East & Africa are also witnessing rising adoption of forecasting solutions, albeit at a slower pace, as they modernize their energy sectors and embrace digital transformation.

Component

In 2024, the global seat market decreased by -0.1% to $116.7B, falling for the third consecutive year after six years of growth. The market value increased at an average annual rate of +1.2% from 2012 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $137B. From 2022 to 2024, the growth of the global market failed to regain momentum.

Coffee fell to 288.72 USd/Lbs on July 11, 2025, down 0.41% from the previous day. Over the past month, Coffee's price has fallen 16.63%, but it is still 15.90% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee - values, historical data, forecasts and news - updated on July of 2025.

Gasoline rose to 2.19 USD/Gal on July 11, 2025, up 1.65% from the previous day. Over the past month, Gasoline's price has risen 1.03%, but it is still 12.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.

The Mexican date market was finally on the rise to reach $50M in 2024, after three years of decline. Over the period under review, consumption showed prominent growth. Over the period under review, the market hit record highs at $81M in 2020; however, from 2021 to 2024, consumption failed to regain momentum.

In Q1 2025, the U.S. Naphtha market exhibited a mixed trend, marked by an initial surge in January, followed by a period of gradual price decline through February and March. Prices peaked at USD 610/MT FOB Texas in mid-January, driven by bullish sentiment in the crude oil market, elevated refining costs, and robust gasoline production. However, by the end of March, prices had fallen, reflecting bearish sentiment, lower crude oil prices, and weakening demand from the petrochemical sector.

The global activated carbon market size attained a value of approximately USD 5.19 Billion in 2024. The market is further expected to grow at a CAGR of 8.10% in the forecast period of 2025-2034, reaching a value of around USD 11.31 Billion by 2034.

The Panamanian plastic support market contracted slightly to $93M in 2024, waning by -3.4% against the previous year. In general, consumption, however, enjoyed notable growth. Over the period under review, the market reached the peak level at $147M in 2019; however, from 2020 to 2024, consumption remained at a lower figure.

The Kazakh hand tools market dropped dramatically to $179M in 2024, declining by -55.1% against the previous year. Overall, consumption, however, posted a moderate expansion. As a result, consumption attained the peak level of $399M, and then declined notably in the following year.

The tableau services market revenue totaled US$ 896.1 Million in 2021, according to Future Market Insights (FMI). The overall tableau services market is projected to reach US$ 2,183.2 Million by 2028, growing at a CAGR of 13.6% for 2022 to 2028.

Attribute	Details
2022 Market Value	US$ 1,016.5 Million
2028 Market Value	US$ 2,183.2 Million
CAGR% (2022 to 2028)	13.6%
Share of Top 5 Players	30%

How The Market Progressed Till June 2022?

Market statistics	Details
H1,2021 (A)	13.1%
H1, 2022 Projected (P)	13.4%
H1, 2022 Outlook (O)	13.6%
BPS Change: H1,2022 (O) - H1,2022(P)	(+) 20 ↑
BPS Change : H1,2022 (O) - H1,2021(A)	(+) 50 ↑

Scope of Report

Attribute	Details
Market value in 2022	US$ 1,016.5 Million
Market CAGR 2022 to 2028	13.6%
Share of top 5 players	Around 30%
Forecast Period	2022 to 2028
Historical Data Available for	2013 to 2021
Market Analysis	USD Million for Value
Key Regions Covered	North America, Latin America, Western Europe, Eastern Europe, SEA & others of APAC , China, Japan, and Middle East & Africa
Key Countries Covered	USA, Canada, Germany, France, Italy, Spain, UK, Benelux, Nordic, Russia, Poland, India, Australia, New Zealand, China, Japan, South Korea, India, Malaysia, Indonesia, Singapore, Australia & New Zealand, GCC Countries and South Africa
Key Segments Covered	Service Type, Enterprise Size, Vertical, and Region
Key Companies Profiled	Tableau Software, Inc. Perceptive Analytics Accenture Deloitte Silicus Technologies, LLC Bilytica Interworks Nabler Vizual Intelligence Inc. SA Technologies, Inc.
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

The Slovene date market surged to $3.7M in 2024, jumping by 32% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a strong increase. Date consumption peaked in 2024 and is likely to see gradual growth in the immediate term.

The global graphic papers market was finally on the rise to reach $127.7B in 2024, after two years of decline. Overall, consumption, however, saw a mild downturn. The pace of growth appeared the most rapid in 2021 when the market value increased by 7.8% against the previous year. Global consumption peaked at $151.9B in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

The global nitrogen market expanded slightly to $217.2B in 2024, with an increase of 3.1% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $238.4B. From 2016 to 2024, the growth of the global market failed to regain momentum.

The South Korean video monitor market shrank to $2.1B in 2024, which is down by -6.5% against the previous year. Overall, the total consumption indicated a modest expansion from 2012 to 2024: its value increased at an average annual rate of +1.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +7.8% against 2022 indices.

The U.S. chocolate and confectionery market amounted to $25.3B in 2024, rising by 8.8% against the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.9% against the previous year.

In 2024, the U.S. salt market decreased by -5.1% to $5.5B, falling for the second year in a row after two years of growth. Overall, the total consumption indicated a noticeable expansion from 2012 to 2024: its value increased at an average annual rate of +2.9% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -26.2% against 2022 indices.

For the third year in a row, the global polypropylene in primary forms market recorded decline in sales value, which decreased by -0.3% to $103.5B in 2024. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $119.5B. From 2022 to 2024, the growth of the global market remained at a somewhat lower figure.

The global canned food market was estimated at $495.6B in 2024, increasing by 3% against the previous year. The market value increased at an average annual rate of +3.3% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $510.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.