The global graphene electronics market was valued at US$ 994.18 Mn in 2020 and is projected to witness remarkable growth, expanding at a CAGR of 17.3% during the forecast period from 2021 to 2029. The future of electronics is majorly dependent on flexible devices that are bendable, stretchable, foldable, wearable and transparent. Sooner, presently used rigid devices are likely to be substituted with the convenient, durable and light-weight flexible displays, circuits and storage devices.
Text analytics is an emerging technology in the field of big data analytics targeted to handle unstructured text data. Due to data deluge, there is a huge demand for text analytics from various end user industries, such as BFSI, Healthcare FMCG’s, Telecom, and so on, which is a major driver for the text analytics market.
The contactless payment transaction market worldwide is expected to grow with a CAGR of 43.7% during the forecast period from 2025 to 2033, starting from US$ 39.84 Bn in 2021. Rising adoption of cashless transaction and growing internet penetration will drive the contactless payment transaction market worldwide. Introduction of new technologies such as NFC or RFID for safe and secure payments are one of the key factors for the market growth.
The paroxysmal nocturnal hemoglobinuria (PNH) is currently valued at US$ 3,163.2 Mn in 2021 and is set to reach US$ 8,380.2 Mn by 2033 projecting stunning growth at a compounded annual growth rate (CAGR) of 11.7% during the forecast period from 2025 to 2033. PNH is a rare disease wherein red blood cells are reported to burst prematurely. It has a global incidence rate of 1.3 cases per million people. The high treatment cost and mortality rate associated with stem cell transplant procedures has increased the popularity of monoclonal antibodies as the most effective treatment molecule for the treatment of PNH.
The global public cloud services market was valued at US$ 242.53 Bn in 2020 and is expected to register strong growth, expanding at a CAGR of 16.5% during the forecast period from 2025 to 2033.
The global recreational vehicles market is expected to reach US$ 72.50 Bn by 2033, registering a steady resurgent growth of 5.9% during the forecast period from 2025 to 2033. In 2020, North America led the recreational vehicle market worldwide in terms of both value and units shipped. The region alone accounts for almost half of the global recreational vehicle sales and is presumed to retain its supremacy through the forecast period, exhibiting resurgent growth post-economic recovery.
The automotive fog lights market worldwide is expected to grow with a CAGR of 9.7% during the forecast period from 2021 to 2029, starting from US$ 796.3 Mn in 2020. Automotive fog lights is useful in different climatic conditions such as during fog or heavy rains and low light conditions. There are different types of fog lights available in the market such as LED, halogen and HID, with LED rapidly emerging as the most popular type on account of sleek design, long lifetime and more brightness. Subsequently, LED lights have emerged as the new face for fog lights.
In-display fingerprint sensors market reached a market value of US$ 672.7 Mn in 2020 and expected to grow with promising rate throughout the forecast period from 2025 to 2033. Biometric authentication techniques for user authentication are more secure and easier to use than a typed password. Among the technologies available, fingerprint sensing strikes the sweet spot through convenience and security.
The global passive and interconnecting components market was valued at US$ 194.6 Bn in 2021 and is projected to witness noteworthy growth, expanding at a CAGR of 5.1% during the forecast period from 2025 to 2033. Electronic components form an important part of electronic circuitry.
The neurotrophic keratitis market is set to highlight rapid growth at a compounded annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2033. Neurotrophic keratitis is an orphan disease which is primarily caused due to the damage of the fifth cranial nerve from the trigeminal nucleus to the nerve endings preset in the eye corneal region. Traditional therapies are employed to suppress the clinical manifestation occurring in different stages of the disease.
