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North America is the Largest Market Globally for Artificial Intelligence (AI) Hardware and Global Market to Reach US$77 Billion by 2030

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Industry Experts, Inc. unveiled the new market research report on AI Hardware Market . As per this report, the global market size for AI Hardware is estimated at US$25 billion in 2024 and is likely to register a 2024-2030 CAGR of 20.5% in reaching a projected US$76.7 billion by 2030. North America is the largest global market for AI Hardware with an estimated share of 34.2% in 2024. The region is home to major tech giants, such as NVIDIA, Intel, AMD, Apple, Google and IBM, which are prominent producers of AI hardware, such as GPUs and TPUs, in addition to investing heavily in research & development, thereby driving market growth. One of the major factors propelling demand for AI Hardware includes growing demand for AI applications. An increase in the use of AI across industries, such as healthcare (for diagnostics), automotive (for autonomous vehicles) and retail (for personalized suggestions) has been driving the demand for effective hardware that can support complex ...

Global Demand for Advanced Carbon Materials to Reach US$14B by 2030 Driven Primarily by Energy Applications such as Wind Blades, Energy Storage Batteries and Supercapacitors

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A new report from Industry Experts Inc, on " Advanced Carbon Materials Market ", reveals that the global demand for Advanced Carbon Materials is estimated at US$6.6 billion in 2024 and is projected to reach US$14.1 billion by 2030 at a CAGR of 13.6% between 2024 and 2030. The increasing need for lightweight, high-strength materials in the energy, automotive, and aerospace industries is bolstering the market. Developments in nanocarbon technologies, including graphene and carbon nanotubes, are instrumental in creating new prospects in the fields of energy, electronics, biomedical and other sectors. Apart from this, carbon nanotubes and graphene are being increasingly adopted in energy storage applications, such as lithium-ion batteries. Increased investments in research & development are striving towards making these materials more sustainable and lightweight as per the required criteria. Advanced Carbon Materials analyzed in this study include Carbon Fibers, C...

Advanced Technologies and Rising Incidence of Sleep Disorders Driving Demand for Sleeping Aids, Market Projected to Reach US$128 billion by 2030

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The latest version of the report from Industry Experts, Inc., on Sleeping Aids Market estimates that demand for the same is estimated at US$85.5 billion in 2024 and is likely to maintain a 2024-2030 CAGR of 6.9% in reaching a projected US$128.8 billion by 2030. The global sleeping aids market is experiencing steady growth, driven by the rising incidence of sleep disorders such as insomnia, sleep apnea, and restless leg syndrome. Increasing awareness of the significance of quality sleep for overall well-being, along with lifestyle-related stress, anxiety, and irregular routines, has resulted in increased demand for both pharmaceutical and non-pharmaceutical sleep solutions. The growing aging population and rising obesity rates, which both contribute to chronic sleep issues, further enhance the market’s progress. The mattresses & pillows segment dominates the sleeping aids market in 2024, accounting for 42.7% of the market share, owing to their essential role in delive...

Biometrics Global Market to Witness a Robust Growth of 15% through 2030 to Reach $100 billion

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Industry Experts, Inc. published the latest version its report on " Biometrics Market ". According to the analysts at Industry Experts, the global Biometrics market is estimated at US$43.9 billion in 2024 and projected to post a CAGR of 14.7% between 2024 and 2030 to reach US$100 billion in 2030. The global biometrics industry is witnessing robust growth driven by a rising need for secure and efficient authentication in the government, BFSI (Banking, Financial Services & Insurance), security, and consumer electronics sectors. Innovations in artificial intelligence (AI), integration with the Internet of Things (IoT), and the shift towards contactless and digital identity verification are propelling this adoption. Biometric technologies including fingerprint scanning, facial recognition, iris recognition, and voice authentication, are increasingly popular for their potential to improve security and user experience. The widespread adoption of mobile devices, sm...

Renal Dialysis Equipment market size is projected to reach US$28 billion by 2030 at a CAGR of 5.5% during 2024-2030

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The latest version of the report from Industry Experts, Inc., on " Renal Dialysis Equipment Market ," is released. According to this global market research report, the Renal Dialysis Equipment market size is estimated at US$20 billion in 2024 and is projected to reach US$28 billion by 2030 at a CAGR of 5.5% between the two years. The Renal Dialysis Equipment market growth is propelled by the increasing incidence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), primarily caused by diabetes, hypertension, and aging populations. Unhealthy lifestyles and increased obesity rates further contribute to the rise in kidney-related disorders, increasing demand for essential dialysis treatments. Technological advancements, such as portable and home-based dialysis machines, improve patient comfort, reduce hospital visits, and lower infection risks. The shift towards home dialysis provides flexibility, leads to better treatment results, and enhances the qua...

Global Advanced Drug Delivery Systems (ADDS) Market is Anticipated to Touch $395 billion by 2030

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The latest version of the report from Industry Experts Inc, on " Advanced Drug Delivery Systems (ADDS) Market ," is introduced. According to this global market research report, estimated at US$277 billion in 2024, the global ADDS market size is projected to reach above US$395 billion by 2030, growing at a CAGR of 6.1% between 2024 and 2030. The Advanced Drug Delivery Systems (ADDS) market is growing significantly due to the increasing incidence of chronic diseases, technological advancements, and the rising demand for personalized medicine. ADDS enhance drug release, boost bioavailability, and facilitate targeted delivery, leading to improved therapeutic results while reducing side effects. The role of nanotechnology is crucial, as nanoparticles allow for accurate drug delivery for illnesses such as cancer and cardiovascular and neurological disorders. Biologics and gene therapies create new treatment options using viral vectors and lipid nanoparticles, particula...

Increasing Geriatric Population and Rise in Orthopedic Conditions Drive the Demand for Orthopedic Implants to Reach $32 billion by 2030

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A new report from Industry Experts Inc, on " Orthopedic Implants Market ," reveals that the global orthopedic implants market size is estimated at US$25.3 million in 2024 and is expected to record a CAGR of 4.2% during the 2024-2030 analysis period and stand at a projected US$32.4 million by 2030. The orthopedic implants market is experiencing significant growth, driven by the increasing global geriatric population, which is contributing to a rise in orthopedic conditions like osteoarthritis, osteoporosis, and musculoskeletal disorders. As the aging population in developed regions expands, the demand for joint replacement surgeries, particularly for hips, knees, and shoulders, is increasing. Additionally, the growing preference for minimally invasive surgeries, which offer shorter recovery times and fewer complications, is further fueling market expansion. The Reconstructive Joint Implants segment is the largest market in orthopedic implants, capturing a 46.9% s...