The global data center market is projected to expand at a compound annual growth rate (CAGR) of 10.1%, reaching a value of USD 622.4 billion by 2030. One of the primary factors driving this growth is the rapid surge in data generation. The increasing demand for mobile, social media, analytics, and cloud services worldwide has significantly boosted the need for data centers. The explosion in social media usage, in particular, has fueled the development of new facilities to store the vast amounts
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In 2024, the generative AI market was valued at USD 15.6 billion and is expected to soar to USD 81.1 billion by 2030, growing at a remarkable compound annual growth rate (CAGR) of 31.6% from 2024 to 2030. This surge in the market is attributed to its potential to revolutionize industries by opening new avenues for innovation and automation.
Generative AI encompasses a set of algorithms capable of creating realistic content by utilizing training data such as images, text, and audio. For instance,
The automated machine learning market is growing rapidly and is expected to reach $15,499.3 million by 2030. This growth is driven by the rising need for effective fraud detection, personalized product recommendations, and predictive lead scoring solutions.
Cloud computing is a key enabler of this growth, offering improved cost efficiency, agility, scalability, and optimized resource use. Unlike standalone technologies, cloud computing is a blend of components that together drive innovation and
The global MLOps market was valued at USD 3.4 billion in 2024 and is expected to grow at a CAGR of over 31.1%, reaching USD 17.4 billion by 2030, as reported by P&S Intelligence.
The rapid adoption of advanced technologies like AI and ML, along with the operationalization of ML, is driving the efficient automation of processes. MLOps involves applying statistical tools and methodologies to available data, enabling supercomputers to learn autonomously without explicit programming. The more data t
Market Overview
In 2023, the patient referral management software market was valued at USD 9,598.3 million. By 2030, it is projected to reach USD 30,221.2 million, growing at a CAGR of 17.9%. This growth is driven by the increasing elderly population, ongoing technological advancements, and government initiatives promoting the adoption of IT solutions in healthcare systems.
Key Benefits and Drivers
The software offers numerous benefits such as precision in activity scheduling, improved access to me
In 2023, the non-fungible tokens (NFT) market size was valued at USD 4,068.5 million and is projected to reach USD 34,395.6 million by 2030, growing at a compound annual growth rate (CAGR) of 36.2%. This substantial growth is driven by the increasing popularity of blockchain-based gaming, the rise in digital assets and collectibles, the expanding metaverse trend, the growing acceptance of digital currencies, and the increasing facilities for authentication and tracking of genuine ownership.
The d
According to the latest market research study published by P&S Intelligence, the global cyber insurance market revenue is estimated to rise to USD 11,904.6 million in 2022 and grow at a 19.1% compound annual growth rate between 2022 and 2030, reaching a value of USD 48,328.4 million by 2030. This growth of the industry can be credited to the rising count of viruses, malware, and other kinds of attacks on IT networks, the rising governing concerning cybersecurity, and the execution of linked insu
When patients fill a prescription, it does not always mean that they will follow through on the vital part: taking it. Taking medicine as prescribed is known as medication adherence – and it is a practice every so often neglected.
Turns out, about 60% of patients with chronic situations like diabetes or high blood pressure don’t take their medicines precisely how they are supposed to,1 and 1 in 5 patients never get their medicines filled in the first place.
That is true for mental health medicines
At all levels of a corporation, key decisions have to be made quickly. This is particularly critical at the strategic level, when senior executives are expected to have an exceptional talent for systematic and organized decision-making. However, this is not simple, and there is also no clear path to follow.
There is a plethora of studies and thought leadership around formulating and implementing strategy—but little on maturing into a leader with exceptional judgment abilities. Chief Executive Off
Adoption of airway clearance devices to treat cystic fibrosis, neuromuscular, bronchiectasis is expected to drive the growth of the market. These devices help with the expansion of the lung and clear the accumulation of excess mucus thereby allowing the patient to breathe properly. The use of various forms of airway clearance devices is expected to see a rise with the widespread high prevalence of cystic fibrosis.
Improvement in healthcare policies in different countries has increased the afforda
Deep brain stimulation (DBS) has emerged as a surgical procedure used to treat several disabling neurological symptoms — most commonly weakened motor symptoms of Parkinson's disease (PD), such as tremor, stiffness, stiffness, slow motion, and walking problems. The treatment is also used to treat critical tremor, dystonia, and focal epilepsy (epilepsy that originates in just one part of the brain). At present, the treatment is only used by people whose symptoms cannot be sufficiently managed by m
Sleep apnea devices have become an evolving technology, especially in the last few decades. The prevalence of sleep disorders is growing, and sleep centers are growing to address the needs of hospitals and the private care environment. Sleep medicine provides evidence-based recommendations for diagnosing and treating sleep disturbances. Nevertheless, the number of sleep centers and caregivers in this field is not enough. Many new technologies have been created for recording sleep and diagnosing
Leak detection and repair (LDAR) regulations have been instituted by the Environmental Protection Agency (EPA) due to the amount of volatile organic compounds (VOCs) and volatile hazardous air contaminants (VHAPs) released by leakage equipment such as valves, pumps, and connectors in industries such as petroleum refining and chemical manufacturing.
To reduce emissions, the EPA has developed regulations and compliance programs. LDAR managers and technicians must follow simple LDAR protocols, such
Initially driven by the semiconductor industry, the cleanroom technology is now witnessing developments for various other industries. The standards for cleanroom technology products and processes are constantly evolving. Technological advancement leads to ever-shorter developments that make individual cleanroom solutions possible. Today, more and more businesses and industries are benefiting from development under clean-room conditions. Technological solutions for cleanroom technology must be of
Secure web gateway has become increasingly popular, as cybercriminals in relatively insecure or qualified websites have become more advanced in integrating threat vectors. These false websites can exploit the company when users access it and unleash malicious code and unauthorized user-friendly access. Fake, criminal websites can be very persuasive.
A secure web gateway provides security protection against risks to information online, by applied security policies and real-time Internet malicious
Dairy products have succeeded in riding the wave of various food trends worldwide. Overall, dairy producers have stayed ahead of the curve on increasing consumer demand for safer, more accessible products, capitalizing on their intrinsic bone and digestive health halo, and meeting market expectations for more protein and clean label goods with new product creation and innovation.
Consumers are much focused on the mainstreaming of protein not just on the nutritional value but also on the taste and
Healthcare CRO services industry found its initial foundation when pharmaceutical companies were able to do all of their in-house R&D, but were often faced with capacity issues, and it was this occasional need for excess capacity, where resources were limited, that led to the creation of the first CROs. By then, for many other reasons, sponsors have opted to outsource R&D operations, including obtaining resources that are not available in-house, achieving a decrease in fixed prices, and benefiti
Over the past few years, power electronics technology has reduced VFD costs and size and increased performance through developments in semiconductor switching systems, drive topologies, simulation and control technologies, and hardware and software operation. Variable Frequency Drives (VFDs) are a green energy efficiency device that compares the amount of work or load on the engine to the amount of energy it takes to power the amount of work. It reduces the consumption of surplus energy.
What is
With a significant rise in the number of emergency cases, the need of the hour is to transport the patients to the nearest hospital as soon as possible. Ambulance services provide an ambulance that is medically equipped and transports patients to care centers, such as hospitals. In certain cases the patient is given out-of-hospital medical treatment. Emergency services hire ambulances to respond to medical emergencies. In general they are equipped with flashing warning lights and sirens for this
Millions are locked down at home due to the coronavirus pandemic, but many others still have to go to work in industries such as food preparation, shipping, and manufacturing, particularly medical equipment. FLIR, which manufactures thermal cameras for capturing and tracking military intelligence, claims they've seen an "exponential" rise in sales to industrial customers who want to scan workers for a fever — a primary symptom of COVID-19.
Whether it's a medical company that needs this test befor