Unemployment Rate in the United States increased to 4.20 percent in July from 4.10 percent in June of 2025. This dataset provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In September 2022, the coffee extract price stood at $9,040 per ton (CIF, Turkey), with an increase of 4.2% against the previous month.

Ford's U.S. sales increased by 4.2% in 2024, driven by higher demand for gasoline and hybrid cars.

The Middle East and Africa Cervical Pillow market will be USD 90.42 million in the year 2024 and will rise at a compound annual growth rate (CAGR) of 4.2% from the year 2024 to 2031. The market is foreseen to reach USD 129.2 million by 2031, owing to the rising demand for ergonomic sleep solutions.

In December 2022, the price of densified wood was $3,575 per ton (FOB, Italy), rising 4.2% from the previous month.

During the projection period, Europe is anticipated to experience a moderate rate of 4.2% in revenue growth. The rise in consumer disposable income per person and rising investments by major players in saltwater chlorinators R&D are the key factors driving the market for saltwater chlorinators in the region.

Latin America's Disc Feeder market will be USD XX million in 2024 and is estimated to rise at the compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. The market is foreseen to reach USD XX million by 2031 due to the expanding infrastructure projects and increasing industrial activity.

According to Cognitive Market Research, the global Explosives Detection Scanner Market size will be USD 8215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 3286.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2464.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1889.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 410.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 164.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The trace detectors category is the fastest growing segment of the Explosives Detection Scanner industry

Market Dynamics of Explosives Detection Scanner Market

Key Drivers for Explosives Detection Scanner Market

Increasing spending in the military and defense industry to Boost Market Growth

The market for explosive detectors is mostly driven by the increase in spending in the military and defense industry. Governments and defense agencies have made significant investments in cutting-edge technologies for threat detection as a result of growing security concerns and international threats like terrorism. Explosive detectors are essential for maintaining increased security, thwarting terrorist attacks, and protecting military personnel, installations, and vital infrastructure. Additionally, the market is growing as a result of the installation of bomb detection systems at border security, airports, and transportation hubs. The market's growth is also aided by ongoing technological developments, such as the incorporation of AI and machine learning into detection systems. The need for dependable, state-of-the-art explosive detectors is anticipated to increase as nations update their defense plans.

Rise in demand of Explosive Detectors in Aviation industry to Drive Market Growth

The military and defense industry has long had a strong demand for explosive detectors, but in light of the rise in terrorist attacks worldwide, countries are attempting to strengthen airport security as a key hub for global communication. IATA suggested that all screening procedures, particularly those for these IEDs, immediately implement efficient and long-lasting explosive detection screening capabilities. These security regulations led to a rise in the use and installation of explosive detectors in the aviation sector, which is likely to fuel market expansion.

Restraint Factor for the Explosives Detection Scanner Market

Track down improvised explosive devices (IEDs), will Limit Market Growth

The difficulty to track down improvised explosive devices (IEDs) is one of the biggest problems facing the explosive detector market worldwide. IEDs are essentially homemade bombs created from military or non-military components that are commonly used by terrorists and those with less money to upset the social balance. One of the most lethal types of IEDs are those carried by large vehicles. IEDs can be constructed from a wide variety of items and materials, such as TNT, aerial bombs, specific fertilizers, artillery or mortar rounds, and more. Because of these, it is challenging for explosive detectors to identify explosive substance, which poses a significant obstacle to the explosive detectors' global market expansion. Ongoing advancements, however, will eventually enable explosive detectors to track IEDs.

Impact of Covid-19 on the Explosives Detection Scanner Market

The market for explosives detection scanners was greatly damaged by the COVID-19 epidemic, mostly because of the interruptions in global supply networks, the decline in air traffic, and the decreasing need for security equipment in public areas and airports. But the market changed, placing more of a focus on health checks and contactless security, which spurred the development of scanne...

According to Cognitive Market Research, the global cyber security In fintech market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The cloud-based is the fastest growing segment of the Cyber security In fintech industry

Market Dynamics of Cyber security In fintech Market

Key Drivers for Cyber security In fintech Market

Increasing cyber threats and data breaches to drive market growth

The rise in cyber threats and data breaches is a significant driver of growth in the cybersecurity in fintech market. As financial institutions and fintech companies increasingly digitize their services, they become prime targets for cybercriminals seeking to exploit vulnerabilities. High-profile breaches not only lead to substantial financial losses but also damage reputations and erode customer trust. This escalating risk prompts organizations to invest heavily in advanced cybersecurity solutions to protect sensitive data and ensure compliance with regulatory requirements. As incidents of identity theft, ransomware, and phishing attacks continue to rise, the demand for robust cybersecurity measures becomes critical. Consequently, fintech companies are prioritizing cybersecurity investments, leading to accelerated market growth as they seek innovative solutions to safeguard their systems and customer information from evolving threats.

Growing reliance on digital financial services to boost market growth

The growing reliance on digital financial services significantly boosts the cybersecurity in fintech market. As consumers increasingly favor online banking, mobile payments, and digital wallets, financial institutions are compelled to enhance their digital offerings. This shift towards digitalization not only provides convenience but also exposes sensitive financial information to potential cyber threats. Consequently, fintech companies are prioritizing robust cybersecurity measures to protect user data and maintain customer trust. The rising number of transactions conducted online increases the demand for secure platforms, driving investments in advanced security technologies. Additionally, the integration of emerging technologies, such as artificial intelligence and blockchain, further necessitates strong cybersecurity frameworks. As digital financial services continue to expand, the corresponding need for effective cybersecurity solutions becomes paramount, propelling market growth and innovation in the sector.

Restraint Factor for the Cyber security In fintech Market

Limited budget for small fintech firms to limit market growth

The limited budget for small fintech firms poses a significant restraint on the growth of the cybersecurity in fintech market. Many startups and smaller companies face financial constraints that hinder their ability to invest in comprehensive cybersecurity solutions. While larger organizations can allocate substantial resources to safeguard their systems, smaller firms often prioritize immediate operational costs over security investments. This reluctance to spend on cybersecurity can lead to vulnerabilities, making them attractive targets for cybercriminals. Additionally, smaller firms may lack access to the latest security technologies and expertise, further compromising their defenses. As a result, the disparity in resources creates a challenging environment for these companies, limiting their growth potential and overall contribution to the cybersecurity market. Addressing...

In February 2023, the rubber product price was $10.9 per kg (FOB, US), an increase of 4.2% compared to the previous month.