According to recent industry calculations, Turkey's compound annual growth rate until 2029 is the highest among the top 20 e-commerce markets worldwide. The Turkish e-commerce market is currently valued at 3.4 trillion Turkish lira. India and Brazil are also among the fastest-growing e-commerce markets globally, with CAGRs of over 11 percent. Will the United States be the global e-commerce leader? By 2026, the American online retail market value is forecast to surpass the 1.5 trillion U.S. dollar mark. Although the forecasted growth is strong, the American e-commerce market is not the world's biggest. In fact, the Chinese e-commerce market surpassed a value of one trillion U.S. dollars back in 2021, and is forecast to approach two trillion U.S. dollars in 2027. Different KPIs lead to different insights The Chinese and American online shopping markets are neck-and-neck, depending on the KPI selected. For instance, the average revenue per user is a useful KPI to determine the penetration rate of e-commerce in a country. For the U.S., the ARPU stands at roughly 4,650 U.S. dollars as of 2025. In China, this value is much lower, at just over 1,3000 U.S. dollars.

The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 149 zettabytes in 2024. Over the next five years up to 2028, global data creation is projected to grow to more than 394 zettabytes. In 2020, the amount of data created and replicated reached a new high. The growth was higher than previously expected, caused by the increased demand due to the COVID-19 pandemic, as more people worked and learned from home and used home entertainment options more often. Storage capacity also growing Only a small percentage of this newly created data is kept though, as just two percent of the data produced and consumed in 2020 was saved and retained into 2021. In line with the strong growth of the data volume, the installed base of storage capacity is forecast to increase, growing at a compound annual growth rate of 19.2 percent over the forecast period from 2020 to 2025. In 2020, the installed base of storage capacity reached 6.7 zettabytes.

Cloud Computing Market Growth | Industry Analysis, Size & Forecast Report

Dataset updated: Jun 27, 2024

Dataset authored and provided by: Mordor Intelligence

License: https://www.mordorintelligence.com/privacy-policy

Time period covered: 2019 - 2029

Area covered: Global

Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast

Description: The Cloud Computing Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.44 trillion by 2029, growing at a CAGR of 16.40% during the forecast period (2024-2029).

Report Attribute

Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD

Regions and Countries Covered:

Industry Segmentation Covered:

By Cloud Computing: IaaS, SaaS, PaaS

By End-User: IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare, Media and Entertainment

Market Players Covered: Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce

In 2023, global retail e-commerce sales reached an estimated 5.8 trillion U.S. dollars. Projections indicate a 39 percent growth in this figure over the coming years, with expectations to surpass eight trillion dollars by 2027.

World players Among the key players on the world stage, the Chinese retail giant Alibaba holds the title of the largest e-commerce retailer globally, accounting for a 23 percent market share. Nevertheless, forecasts suggest that by 2027, Seattle-based e-commerce powerhouse Amazon will surpass Alibaba in estimated sales, reaching a staggering 1.2 trillion U.S. dollars in online sales.

Leading e-tailing countries The Chinese e-commerce market was the biggest worldwide in 2023, as internet sales constituted almost half of the country's retail transactions. Indonesia ranked second with the highest share of retail sales online (32 percent), closely trailed by the United Kingdom and South Korea, exceeding the 30 percent mark. That year, the up-and-coming e-commerce markets centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing 20 percent.

The Manufacturing Market in India Report is Segmented by Ownership (Public Sector, Private Sector, Joint Sector, and Cooperative Sector), Raw Materials Used (Agro-Based Industries and Mineral-Based Industries), and End-User Industry (Automotive, Manufacturing, Textile and Apparel, Consumer Electronics, Construction, Food and Beverages, and Other End-User Industries). The Report Offers Market Sizes and Forecasts in Value Terms (USD) for all the Above Segments.

As per Cognitive Market Research's latest published report, The Europe Edible Land Snail market size will be $699.72 Million by 2028. The Europe Edible Land Snail Industry's Compound Annual Growth Rate will be 5.92% from 2023 to 2030. What is Driving Edible Snail Market?

Rising demand for food & beverages industry

The food and beverage industry has a unique role in expanding economic opportunity because it is universal to human life and health. This industry operates various segments where billions of people grow, transform, and sell food, particularly in developing countries where agriculture dominates all other economic sectors. The global food & beverage industry has seen rapid growth over the last ten years and this is expected to continue. The global food and beverage industry is growing at around 5% a year and global expenditure on food products by consumers is expected to reach US$20 trillion by 2030.

Asia Pacific is the fastest growing region for the food & beverage industry due to rapid increasing population. India is forecast to have the strongest annual growth of food & beverage sales between 2017 and 2020, with 13.1%. Average annual growth in China reached to 11.2% over the last four years. Indonesia and the Philippines both countries expected to see a strong acceleration in growth, with forecasts of 10.1% and 9.6% respectively. After Asia Pacific region second most growing region for the food & beverage industry is Middle East & Africa, which is followed by the America.

Edible snails are highly consumed in Europe and are part of several dishes. Heliciculture is the practice of snail farming for the purpose of earmarking them for human use, mostly as food. They are a huge industry for the restaurant business. Nowadays, the dishes made with land snails are exclusive in many areas of France, Great Britain, and some other countries. It is commonly used as an appetizer or as a main course. There are plenty of popular recipes out there for cooking them, and many people prepare them at home. Such dishes are typical in many elite restaurants as well.

Hence, rising demand for food & beverages industry drives the growth of edible snail’s market.

Increasing Awareness about Health Benefits Fuels the Market Growth

Restrains of the Europe Edible Land Snail Market

Supply chain challenges faced by farmers.(Access Detailed Analysis in the Full Report Version)

Opportunities of the Europe Edible Land Snail Market

The growing trend of healthy and nutritious food eating habits among millennials.(Access Detailed Analysis in the Full Report Version)

Introduction of Edible Snail

Snails which are able to breath and adapted to the life away from water, on land are referred as the land or terrestrial snail. These snails live on or near to ground and it feed on the decaying plant matter and are hatch from the eggs laid in the soil. Most of the commonly found land snail occurs in cold regions, where they hibernate.

Edible snail is referring to the snail which are consumable. There are variety of land snail present on earth but not all of them are edible. The edible snail is generally the non-poisonous snail which are culture in the snail farms. The practice of snail farming for the purpose of earmarking them for human use, mostly as food is known as Heliciculture. The edible land snail when served are commonly referred with the French word “Escargot.” The most adapted edible snail species found in European are Helix aspersa and H. pomatia which are raised on snail farms or collected wild. The other edible species are present in market includes Cepaea nemoralis, Cepaea hortensis, Achatina fulica, and Otala punctata.

The snail is considered a delicacy and serves as expensive delicious appetizer or as main course. These edible land snails are cooked with the garlic and parsley butter, added with seasoning, and served in their shell. In many other European countries such as Italy, Greece edible snail are used in variety of meal, sauces and also poured on pasta.

The edible land snail is segmented on the bases of type as Canned Snails and Frozen Snails. The edible snail has various applications and are segmented as Restaurant and Retail on the basis of application.

The edible snail market shows the potential growth in the future as there is increased demand for snails in European Un...

As per Cognitive Market Research's latest published report, the Global Food Grade Lubricants market size will be $353.43 Million by 2028. Food Grade Lubricants Industry's Compound Annual Growth Rate will be 5.25% from 2023 to 2030.

The Europe Food Grade Lubricants market size will be USD 108.54 Million by 2028. What is Driving the Grade Lubricants Market?

Rising demand for food & beverages industry

The food and beverage industry has a unique role in expanding economic opportunity because it is universal to human life and health. This industry operates various segments where billions of people grow, transform, and sell food, particularly in developing countries where agriculture dominates all other economic sectors. The global food & beverage industry has seen rapid growth over the last ten years and this is expected to continue. The global food and beverage industry is growing at around 5% a year and global expenditure on food products by consumers is expected to reach US$20 trillion by 2030.

Following graph shows the global revenue in the food & beverages industry which is projected to reach US $258,741 million in 2021.

Asia Pacific is the fastest growing region for the food & beverage industry due to rapid increasing population. India is forecast to have the strongest annual growth of food & beverage sales between 2017 and 2020, with 13.1%. Average annual growth in China reached to 11.2% over the last four years. Indonesia and the Philippines both countries expected to see a strong acceleration in growth, with forecasts of 10.1% and 9.6% respectively. After Asia Pacific region second most growing region for the food & beverage industry is Middle East & Africa, which is followed by the America.

However, food safety is a critical factor for food and beverage products. Chemical contamination is always a potential risk to food safety in food production facilities. Additionally, food grade lubricants protect the moving parts and solid surfaces of equipment by reducing wear, friction, corrosion, deposits and oxidation; dissipating heat; and transferring power. Hence, rise in the demand for food and beverage industry automatically drives the growth of food grade lubricants market globally.

Restraints for Food Grade Lubricants Market

Shortage of raw materials.(Access Detailed Analysis in the Full Report Version)

Opportunities for Food Grade Lubricants Market

The growing trend of healthy and nutritious food eating habits among consumer.(Access Detailed Analysis in the Full Report Version)

Definition of Food Grade Lubricants

Food-grade lubricants are the type of lubricants which perform the same function as that of other normal lubricant but are safer to use in the food, beverages, pharmaceutical industry etc. The equipment used for the product in industry required lubricants which provide protection against wear, friction, corrosion and oxidation, dissipate heat etc and to maintain the equipment and machineries in the optimal working condition and also enhances the life of the machineries and equipment.

Not all the lubricant use for other industries is applicable for the used in food, beverages and pharmaceutical industry as they contain harmful substances which may adulterate the food and drug and may causes toxicity in the food and drug or may led to degradation of food products. In order to overcome these challenges, the various agency such as FDA, United States Department of Agriculture, etc has come up with the food grade categories of lubricants which are safe to use in the food and pharmaceuticals industry. The agencies have approved lubricant for the usages in the such industries which offers the similar function as that of normal lubricants and also satisfy the safety parameter. Food grade lubricants are generally made from the edible oil, refined mineral oil, bio-based oil etc. and need the certain certification from National Sanitation Foundation, German Institute for Standardization (DIN) etc.

The food grade lubricant market is segmentate on the basis of type of food grade lubricants as H1, H2 and H3 lubricant grade, on the type of base stock used as mineral oil, synthetic oil and bio-based oil, The market is also segmented on the basis of application as food, beverages, pharmaceutical & cosmetics and more.

As the population is increasing all across the world, the consumption o...

According to Cognitive Market Research, the global Power Conversion System market size will be USD 8142.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.50% 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 3257.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2442.7 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1872.7 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 407.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% 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 162.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
The Less than 500KW category is the fastest growing segment of the Power Conversion System industry

Market Dynamics of Power Conversion System Market

Key Drivers for Power Conversion System Market

Growing Adoption of Renewable Energy Sources to Boost Market Growth

As governments and businesses increase their investments in renewable energy sources like solar, wind, and hydropower, the demand for power conversion systems (PCS) is also rising. Between 2022 and 2027, renewable energy capacity is projected to grow by nearly 2,400 GW, which is equivalent to the entire installed power capacity of China today. This represents an 85% increase compared to the previous five years and is nearly 30% higher than last year's forecast, marking our largest upward revision to date. Electricity generated from wind and solar photovoltaic (PV) is expected to more than double over the next five years, contributing nearly 20% to global power generation by 2027v. PCS plays a crucial role in this transition by converting the direct current (DC) from solar panels and the variable voltage from wind turbines into alternating current (AC) that is compatible with the grid. Additionally, PCS is vital for integrating renewable energy sources with smart grids, requiring advanced conversion systems to handle fluctuating power outputs and ensure a stable energy supply.

Increasing Demand for Energy Efficiency to Drive Market Growth

The global emphasis on sustainable and green technologies has significantly boosted the demand for highly efficient power converters. In 2012, the European Union (EU) introduced Directive 2012/27/EU on energy efficiency, aiming for a 20% reduction in energy consumption by 2020 compared to baseline projections, known as the 20% energy efficiency target. For 2030, the binding target was initially set at a reduction of at least 32.5%, which translates to a primary energy consumption limit of 1,273 Mtoe and a final energy consumption limit of 956 Mtoe. In 2022 alone, investments in energy efficiency reached $560 billion, marking a 16% increase from the previous year. Many industries are adopting regulations that either encourage or require the use of energy-efficient devices, including power converters. These efficient power converters help reduce the overall carbon footprint by minimizing energy losses during conversion. This is particularly crucial in applications such as renewable energy systems and electric vehicles, where the objective is to maximize the utilization of clean energy.

Restraint Factor for the Power Conversion System Market

High Initial Costs and Complexity of Designing and Manufacturing, will Limit Market Growth

Power conversion systems, particularly those incorporating advanced and cutting-edge technology, involve substantial capital investment. This high initial cost can be a significant hurdle for smaller businesses or developing regions seeking to upgrade or deploy new PCS solutions. The use of advanced semiconductor materials, such as silicon carbide (SiC) and gallium nitride (GaN), adds to the expense, despite their benefits of enhanced performance and efficiency. Additionally, the complexity of high-efficiency converter designs necessitates rigorous testing and validation to ensure they meet performance standa...

According to Cognitive Market Research, the global Cacao market size will be USD 13651.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.20% 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 5460.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4095.4 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3139.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 682.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% 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 273.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
The Beans category is the fastest growing segment of the Cacao industry

Market Dynamics of Cacao Market

Key Drivers for Cacao Market

Growth in Chocolate Consumption to Boost Market Growth

Chocolate continues to be one of the most beloved indulgent treats worldwide, with a growing demand for high-quality options, particularly premium and organic varieties, driving cacao consumption. Consumers are increasingly choosing chocolates with higher cocoa content, attracted by their perceived health benefits, including antioxidants and other nutrients. Switzerland leads the world in chocolate consumption per capita, with the average person consuming around 8.8 kg (22 lbs) of chocolate annually. Austria follows closely, with each person consuming about 9 kg (20 lbs) of chocolate per year. The United States ranks among the top 10 chocolate-consuming nations, with an average annual consumption of approximately 4.5 kg per person. The rising popularity of artisanal, craft, and organic chocolates, which demand superior quality cacao, is a growing trend not only in established markets like Europe and North America but also in emerging markets such as Asia and Latin America.

Growing Use of Cacao in Non-Chocolate Products to Drive Market Growth

Cacao's usage is extending beyond traditional chocolate products into a variety of other food segments. In the 2022/2023 cocoa season, approximately 5 million tonnes of cocoa were produced globally. The two largest producers, Côte d'Ivoire and Ghana, together account for 50% of the world's cocoa supply, followed by Ecuador with 9%. In Asia, Indonesia is the leading producer. Cocoa production has been steadily increasing over the last 40 years, with up to 95% of cocoa beans traded on international commodity markets. Cacao is increasingly incorporated into health and wellness products, including protein bars, energy drinks, smoothies, and baked goods. Its potential health benefits, coupled with the growing demand for natural and clean-label ingredients, are driving its broader adoption in the food industry.

Restraint Factor for the Cacao Market

Climate Change and Environmental Impact Will Limit Market Growth

Cacao is a highly climate-sensitive crop. It thrives in tropical regions with specific temperature and rainfall conditions. However, changing climate patterns, such as rising temperatures, altered rainfall patterns, and the increasing frequency of extreme weather events (e.g., droughts, floods, and storms), threaten cacao production. Cacao farming can contribute to deforestation, especially in regions like West Africa and South America, where forests are cleared to make way for new plantations. This not only disrupts biodiversity but also leads to soil degradation, reducing the land's ability to support cacao cultivation in the long term. These environmental issues can impact supply, increase production costs, and affect market stability. Cacao crops are vulnerable to several diseases, including black pod disease, cacao swollen shoot virus (CSSV), and frosty pod rot. These diseases can devastate cacao yields and quality, leading to significant losses for farmers and supply shortages in the market.

Impact of Covid-19 on the Cacao Market

The economic uncertainty caused by the pandemic led to a decline...

According to Cognitive Market Research, the global Teleprotection market size will be USD 25614.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 21.50% 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 10245.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7684.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 5891.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1280.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.9% 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 512.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2031.
The Teleprotection Unit category is the fastest growing segment of the Teleprotection industry

Market Dynamics of Teleprotection Market

Key Drivers for Teleprotection Market

Growing Need for Grid Reliability and Security to Boost Market Growth

The rising adoption of smart grids to improve electricity distribution reliability and optimize grid operations is driving the demand for teleprotection solutions to safeguard critical infrastructure against faults and disturbances. In 2022, Japan announced a funding program of USD?155?billion to boost investments in smart power grids. Similarly, Canada is allocating USD?100?million through its Smart Grid Program to support the deployment of advanced grid technologies and integrated systems. Achieving the Net Zero Emissions by 2050 (NZE) Scenario requires more than doubling investments in smart grids by 2030, particularly in emerging markets and developing economies (EMDEs). Teleprotection plays a crucial role in grid reliability by enabling utilities to isolate faults within milliseconds, minimizing damage, and ensuring rapid service restoration.

(Source:https://www.iea.org/energy-system/electricity/smart-grids)

Rising Investments in Renewable Energy to Drive Market Growth

The growing adoption of renewable energy sources, such as solar and wind power, is driving the need for advanced teleprotection systems to address the complexities of distributed energy generation and ensure smooth grid integration. According to the IEA, renewables are expected to expand by nearly 2,400 GW between 2022 and 2027, equivalent to China's current installed power capacity. Cumulative solar PV capacity is projected to almost triple during this period, adding around 1,500 GW, surpassing natural gas by 2026 and coal by 2027. Electricity generation from wind and solar PV is anticipated to more than double over the next five years, accounting for nearly 20% of global power generation by 2027. As microgrids and distributed energy resources (DERs) continue to grow, teleprotection systems are critical in managing faults and ensuring synchronization among diverse power sources.

(Source:https://www.iea.org/reports/renewables-2022/executive-summary)

Restraint Factor for the Teleprotection Market

High Initial Investment and Operational Costs Will Limit Market Growth

Teleprotection systems involve significant upfront costs for installation, including advanced hardware, communication networks, and system integration, which can deter smaller utilities or companies with limited budgets. Regular maintenance and upgrades of teleprotection systems add to operational costs, making them less attractive to cost-conscious buyers. In some cases, decision-makers may not fully understand the long-term benefits of teleprotection systems, focusing instead on the immediate financial outlay. Many utilities still operate with legacy infrastructure that may not be compatible with modern teleprotection solutions, leading to integration challenges and additional costs. The lack of standardized communication protocols across regions or systems complicates the deployment of teleprotection systems, requiring customization that increases implementation time and cost.

Impact of Covid-19 on the Teleprotection Market

Lockdowns and restr...

The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027.

What is Big data?

Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets.

Big data analytics

Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.

According to Cognitive Market Research, the global Ilmenite market size will be USD 11625.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% 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 4650.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3487.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2673.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 581.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% 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 232.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
The Natural Ilmenite category is the fastest growing segment of the Ilmenite industry

Market Dynamics of Ilmenite Market

Key Drivers for Ilmenite Market

Rising Demand for Titanium Dioxide to Boost Market Growth

The rising demand for titanium dioxide, a key product derived from ilmenite, is a major driver for the ilmenite market. Titanium dioxide is widely used in industries such as paints, coatings, plastics, and paper due to its excellent pigmentation, durability, and non-toxic properties. With growing urbanization, increased infrastructure development, and expanding automotive and consumer goods sectors, the demand for titanium dioxide continues to rise globally. This, in turn, boosts the demand for ilmenite, which serves as a primary feedstock for titanium dioxide production. Additionally, the increasing use of titanium dioxide in sunscreens, food products, and cosmetics further drives the market. As industries seek sustainable, high-quality materials, ilmenite's role in meeting the demand for titanium dioxide continues to be vital, supporting market growth. For instance in August 2022, Chemours started mining at its newest sand mine in Florida, which will increase the company's titanium oxide production. Chemours will get ilmenite from the mine, which will be used in their chloride-based TiO2 synthesis process. The site's mining life should be eight years.

Growth in Construction and Infrastructure to Drive Market Growth

The growth in construction and infrastructure development is significantly driving the ilmenite market, as it directly influences the demand for titanium dioxide, a primary derivative of ilmenite. titanium dioxide is widely used in paints, coatings, and other construction materials due to its excellent opacity, whiteness, and UV protection properties. As urbanization accelerates and governments invest in infrastructure projects such as roads, bridges, and buildings, the demand for high-quality paints, coatings, and other construction materials rises, which in turn increases the need for titanium dioxide. Furthermore, the growth of residential, commercial, and industrial buildings worldwide adds to the demand for titanium dioxide-based products. This expanding construction and infrastructure sector is one of the key factors propelling the ilmenite market, ensuring steady growth.

Restraint Factor for the Ilmenite Market

Fluctuations in ilmenite prices due to supply-demand imbalances will Limit Market Growth

Fluctuations in ilmenite prices due to supply-demand imbalances are a key restraint for the market. The supply of ilmenite is influenced by factors such as mining production rates, geopolitical tensions, and extraction costs, while demand is primarily driven by industries like titanium dioxide production. When supply outstrips demand, prices tend to drop, making mining operations less profitable and potentially leading to supply shortages in the future. Conversely, when demand exceeds supply, prices rise, impacting the cost-effectiveness of titanium dioxide products and related industries. These price fluctuations create market instability, making it challenging for companies in the ilmenite value chain to plan long-term strategies. This unpredictability in pricing can also hinder investments in ilmenite extract...

The benefits and opportunities offered by cloud computing are among the fastest-growing technologies in the computer industry. Additionally, it addresses the difficulties and issues that make more users more likely to accept and use the technology. The proposed research comprised of machine learning (ML) algorithms is Naïve Bayes (NB), Library Support Vector Machine (LibSVM), Multinomial Logistic Regression (MLR), Sequential Minimal Optimization (SMO), K Nearest Neighbor (KNN), and Random Forest (RF) to compare the classifier gives better results in accuracy and less fault prediction. In this research, the secondary data results (CPU-Mem Mono) give the highest percentage of accuracy and less fault prediction on the NB classifier in terms of 80/20 (77.01%), 70/30 (76.05%), and 5 folds cross-validation (74.88%), and (CPU-Mem Multi) in terms of 80/20 (89.72%), 70/30 (90.28%), and 5 folds cross-validation (92.83%). Furthermore, on (HDD Mono) the SMO classifier gives the highest percentage of accuracy and less fault prediction fault in terms of 80/20 (87.72%), 70/30 (89.41%), and 5 folds cross-validation (88.38%), and (HDD-Multi) in terms of 80/20 (93.64%), 70/30 (90.91%), and 5 folds cross-validation (88.20%). Whereas, primary data results found RF classifier gives the highest percentage of accuracy and less fault prediction in terms of 80/20 (97.14%), 70/30 (96.19%), and 5 folds cross-validation (95.85%) in the primary data results, but the algorithm complexity (0.17 seconds) is not good. In terms of 80/20 (95.71%), 70/30 (95.71%), and 5 folds cross-validation (95.71%), SMO has the second highest accuracy and less fault prediction, but the algorithm complexity is good (0.3 seconds). The difference in accuracy and less fault prediction between RF and SMO is only (.13%), and the difference in time complexity is (14 seconds). We have decided that we will modify SMO. Finally, the Modified Sequential Minimal Optimization (MSMO) Algorithm method has been proposed to get the highest accuracy & less fault prediction errors in terms of 80/20 (96.42%), 70/30 (96.42%), & 5 fold cross validation (96.50%).

The benefits and opportunities offered by cloud computing are among the fastest-growing technologies in the computer industry. Additionally, it addresses the difficulties and issues that make more users more likely to accept and use the technology. The proposed research comprised of machine learning (ML) algorithms is Naïve Bayes (NB), Library Support Vector Machine (LibSVM), Multinomial Logistic Regression (MLR), Sequential Minimal Optimization (SMO), K Nearest Neighbor (KNN), and Random Forest (RF) to compare the classifier gives better results in accuracy and less fault prediction. In this research, the secondary data results (CPU-Mem Mono) give the highest percentage of accuracy and less fault prediction on the NB classifier in terms of 80/20 (77.01%), 70/30 (76.05%), and 5 folds cross-validation (74.88%), and (CPU-Mem Multi) in terms of 80/20 (89.72%), 70/30 (90.28%), and 5 folds cross-validation (92.83%). Furthermore, on (HDD Mono) the SMO classifier gives the highest percentage of accuracy and less fault prediction fault in terms of 80/20 (87.72%), 70/30 (89.41%), and 5 folds cross-validation (88.38%), and (HDD-Multi) in terms of 80/20 (93.64%), 70/30 (90.91%), and 5 folds cross-validation (88.20%). Whereas, primary data results found RF classifier gives the highest percentage of accuracy and less fault prediction in terms of 80/20 (97.14%), 70/30 (96.19%), and 5 folds cross-validation (95.85%) in the primary data results, but the algorithm complexity (0.17 seconds) is not good. In terms of 80/20 (95.71%), 70/30 (95.71%), and 5 folds cross-validation (95.71%), SMO has the second highest accuracy and less fault prediction, but the algorithm complexity is good (0.3 seconds). The difference in accuracy and less fault prediction between RF and SMO is only (.13%), and the difference in time complexity is (14 seconds). We have decided that we will modify SMO. Finally, the Modified Sequential Minimal Optimization (MSMO) Algorithm method has been proposed to get the highest accuracy & less fault prediction errors in terms of 80/20 (96.42%), 70/30 (96.42%), & 5 fold cross validation (96.50%).

The benefits and opportunities offered by cloud computing are among the fastest-growing technologies in the computer industry. Additionally, it addresses the difficulties and issues that make more users more likely to accept and use the technology. The proposed research comprised of machine learning (ML) algorithms is Naïve Bayes (NB), Library Support Vector Machine (LibSVM), Multinomial Logistic Regression (MLR), Sequential Minimal Optimization (SMO), K Nearest Neighbor (KNN), and Random Forest (RF) to compare the classifier gives better results in accuracy and less fault prediction. In this research, the secondary data results (CPU-Mem Mono) give the highest percentage of accuracy and less fault prediction on the NB classifier in terms of 80/20 (77.01%), 70/30 (76.05%), and 5 folds cross-validation (74.88%), and (CPU-Mem Multi) in terms of 80/20 (89.72%), 70/30 (90.28%), and 5 folds cross-validation (92.83%). Furthermore, on (HDD Mono) the SMO classifier gives the highest percentage of accuracy and less fault prediction fault in terms of 80/20 (87.72%), 70/30 (89.41%), and 5 folds cross-validation (88.38%), and (HDD-Multi) in terms of 80/20 (93.64%), 70/30 (90.91%), and 5 folds cross-validation (88.20%). Whereas, primary data results found RF classifier gives the highest percentage of accuracy and less fault prediction in terms of 80/20 (97.14%), 70/30 (96.19%), and 5 folds cross-validation (95.85%) in the primary data results, but the algorithm complexity (0.17 seconds) is not good. In terms of 80/20 (95.71%), 70/30 (95.71%), and 5 folds cross-validation (95.71%), SMO has the second highest accuracy and less fault prediction, but the algorithm complexity is good (0.3 seconds). The difference in accuracy and less fault prediction between RF and SMO is only (.13%), and the difference in time complexity is (14 seconds). We have decided that we will modify SMO. Finally, the Modified Sequential Minimal Optimization (MSMO) Algorithm method has been proposed to get the highest accuracy & less fault prediction errors in terms of 80/20 (96.42%), 70/30 (96.42%), & 5 fold cross validation (96.50%).

According to Cognitive Market Research, the global Water Desalination Plant market size will be USD 20614.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% 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 8245.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6184.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4741.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1030.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% 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 9.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
Portable desalination plants are the fastest-growing segment

Market Dynamics of Water Desalination Plant Market

Key Drivers for Water Desalination Plant Market

Growing demand for clean drinking water

The need for clean drinking water is increasing along with the population, yet supply availability has declined significantly over time due to the depletion of freshwater resources. The demand for fresh water is estimated to surpass the availability by around 40% by the end of 2030, resulting in a water catastrophe for the entire planet. The National Intelligence Council predicts a 20-50 percent increase in global clean water demand by 2050, with the industrial and residential sectors leading the way. Agriculture will continue to be the largest overall water consumer, although the proportionate increase to 2050 will most likely be less than that of other industries. As a result, water desalination is emerging as the dominant solution for converting existing water into clean drinking water and meeting the rising need for clean water for consumption.

Increasing population and rapid urbanization

Urbanization is defined as an increase in the proportion of the population living in urban areas. Over half of the world's population lives in cities, which account for more than 80% of worldwide GDP. Water contamination has become a major worry as the economy has grown rapidly and urbanization and industry have accelerated. The growing population of cities has a significant impact on water quality. Furthermore, the increasing number of companies emitting pollutants is expected to create more important potential for water desalination and water treatment. Thus, as urbanization and consumer awareness rise, the need for water desalination is projected to expand

Restraint Factor for the Water Desalination Plant Market

Membrane Fouling and Scaling

The demand for water desalination is fast increasing as water treatment costs rise and there is a greater need for clean drinking water. In addition, RO is gaining popularity for saltwater desalination and wastewater reclamation. However, scaling and fouling are key issues, as membrane fouling reduces overall process efficiency and economics. RO scales arise when dissolved chemicals in feedwater exceed their maximum solubility limit somewhere inside the RO unit. Scaling in desalination plants is caused primarily by salt saturation on the membrane's surface. The fouling affects the membrane's flux and life span, impeding market expansion

Impact of Covid-19 on the Water Desalination Plant Market

The Covid-19 pandemic brought a significant influence on the water desalination plant market mainly by the disruptions in supply chain and project time. Time delays in the construction and maintenance of desalination facilities were caused by the imposition of lockdowns and curfews, resulting in the slowing down of new project development. On top of that, investment decline in infrastructure projects translates to less funding for the desalination activities since there is uncertainty in finance coming from the pandemic. However, the heightened sense of water scarcity and urgent demand for secure supplies amid the pandemic has forced certain governments to push the focus towards desalination techno...

The United Kingdom loan market is anticipated to project robust growth in the forecast period because of increasing digitalization,

The global artificial intelligence (AI) software market is forecast to grow rapidly in the coming years, reaching around 126 billion U.S. dollars by 2025. The overall AI market includes a wide array of applications such as natural language processing, robotic process automation, and machine learning.

What is artificial intelligence?

Artificial intelligence refers to the capability of a machine that is able to replicate or simulate intelligent human behaviours such as analysing and making judgments and decisions. Originated in the computer sciences and a contested area in philosophy, artificial intelligence has evolved and developed rapidly in the past decades and AI use cases can now be found in all corners of our society: the digital voice assistants that reside in our smartphones or smart speakers, customer support chatbots, as well as industrial robots.

Investments in AI

Many of the biggest names in the tech industry have invested heavily into both AI acquisitions and AI related research and development. When it comes to AI patent applications by company, Microsoft, IBM, Google, and Samsung have each submitted thousands of such applications, and funding for AI related start-ups are raking in dozens of billions of dollars each year.

According to Cognitive Market Research, the global raincoat market size will be USD 4121.6 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 1648.64 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 1236.48 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 947.97 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 206.08 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 82.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The jacket is the fastest-growing segment of the raincoat industry.

Market Dynamics of Raincoat Market

Key Drivers for Raincoat Market

Growing Travel and Outdoor Trends to Boost Market Growth

The market for raincoats is expanding due in large part to the rising popularity of outdoor recreation and travel. Customers are investing in high-quality protective gear, such as raincoats, as a result of the growing popularity of adventure tourism, hiking, camping, and other outdoor activities. Additionally, raincoats that are water-resistant, lightweight, and long-lasting are becoming indispensable for tourists looking for ease and comfort in erratic weather. Demand has also been further stimulated by outdoor enthusiasts’ growing knowledge of weather readiness. Raincoats are now a useful and fashionable option, which increases their market appeal due to developments in material technology and fashionable designs. For instance, Patagonia, the leader in socially and environmentally conscious surf gear, is pleased to announce that it has partnered with Bolder Industries to co-develop a novel circular solution for wetsuits. The end-of-life Yulex® (natural rubber) wetsuits were collected by Patagonia earlier this year so that Bolder Industries could break them down at the molecular level and use the Carbon black to color new Yulex® wetsuits. Carbon black makes up roughly 15–20% of the rubber foam used in Patagonia wetsuits and is used to tint the recycled nylon lining. BolderBlack® from Bolder Industries is produced with 90%+ less water and 90%+ less greenhouse gas emissions than conventional carbon black.

Rising Urbanization and Disposable Incomes to Drive Market Growth

The market for raincoats is expanding due in large part to rising urbanization and rising disposable incomes. Rainfall is more frequent and erratic in urban environments, which increases the need for raincoats. Additionally, customers are spending on high-end, long-lasting raincoats that blend fashion and utility as their purchasing power increases. Furthermore, rising disposable incomes enable consumers to spend more on high-quality, adaptable goods, which promotes market growth. Convenience and weather protection are top priorities for urban workers, which encourages the use of raincoats that are suited to their requirements, which propels market expansion.

Restraint Factor for the Raincoat Market

Changing Consumer Preferences Will Limit Market Growth

The market expansion for raincoats is constrained by shifting consumer tastes as more people look for fashionable, eco-friendly, and multipurpose goods. Conventional raincoats, which are frequently thought of as heavy, are up against contemporary substitutes like small umbrellas and clothing that can withstand water. Consumer demands for sustainable materials have also increased due to increased environmental consciousness, which has forced manufacturers to modify their operations, potentially raising costs. Furthermore, long-term sales are impacted as shifts towards rapid fashion and limited-use items lower raincoat durability standards. Raincoat sales are slow if companies don’t adapt to changing consumer tastes and innovate. As a result, the changing consumer preferences limit market growth and prevent quick mark...

According to Cognitive Market Research, the global Valves market size will be USD 9125.5 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 3650.20 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 2737.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2098.87 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 456.28 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 182.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The ball valves category is the fastest growing segment of the Valves industry

Market Dynamics of Valves Market

Key Drivers for Valves Market

The Rising Demand in The Oil & Gas Sector to Boost Market Growth

The market for valves is growing as a result of the oil and gas industry's expansion. New exploration, extraction, and refining operations for oil and gas are being carried out in response to the rising demand for energy worldwide, especially in areas with developing reserves. In this sector, valves play a crucial role in controlling flow, pressure, and safety in everything from drilling to shipping. Extreme circumstances, like high temperatures and pressures, as well as corrosive materials used in oil and gas activities, call for specialized valves. The need for long-lasting, high-performance valves is growing as businesses seek to increase productivity and safety in both upstream and downstream operations, which is fueling the market's expansion. /p>

Expanding Energy Demand and Power Generation to Drive Market Growth

The expansion of power generation facilities and the growing need for energy are the main factors behind the valves market's growth. Both conventional power plants (coal, natural gas) and renewable energy sources (solar, wind, and hydropower) are seeing large investments as the world's energy needs rise, especially in emerging nations. In these energy systems, valves are essential components that regulate fluid flow, pressure, and temperature to guarantee secure and effective operations. While valves are crucial for turbine cooling, fuel handling, and emissions control in conventional plants, they also aid in the management of water, steam, and other resources in power storage and distribution systems in renewable energy, which supports market expansion.

Restraint Factor for the Valves Market

High Installation and Initial Expenditures Will Limit Market Growth

Significant obstacles to the valves market's expansion are the high initial investment and installation expenses. Advanced valves come with hefty upfront costs, particularly the automated or speciality varieties used in sectors like water treatment, power production, and oil and gas. In addition to the valve units themselves, these expenditures also cover related costs for intricate installation, system integration, and specialized labour. These expenses could be too much for smaller businesses or facilities with tighter budgets, leading them to choose less sophisticated options or put off upgrading. High installation costs can also delay the time it takes to realize returns on investment, which makes it difficult for businesses to defend these investments and slows market expansion and acceptance.

Impact of Covid-19 on the Valves Market

The COVID-19 pandemic had a major effect on the valves market by upsetting demand and supply networks in several important sectors. Production and distribution of valves were delayed as a result of temporary factory closures brought on by lockdowns and restrictions. The need for valves declined as a result of operating capacity reductions in sectors like construction, automotive, and oil and gas. On the other hand, industries that are critical to pandemic response, such as healthcare, pharmaceuticals, and wat...