Latest Market Research Reports

  Contact Center Analytics Industry The global  contact center analytics market  size is expected to reach USD 5.75 billion by 2030, expanding at a CAGR of 19.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing need among contact center companies to track and measure business performance at each level is expected to drive market growth. Contact center analytics also enables companies to reduce overhead and operational expenses. The funding raised by contact center service providers is also expected to drive market growth. For instance, in May 2021, ASAPP, Inc., an Artificial Intelligence (AI) research-driven customer experience company, announced that it raised USD 120 million. The company would use this funding to expand its portfolio and market reach. Companies are entering into partnerships with technology solution providers to enhance their offerings. For instance, in July 2021, Clarabridge, Inc., a speech analytics provider, ...

  Precast Concrete Industry The global  precast concrete market  size is expected to reach USD 156.13 billion by 2030, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. This growth can be attributed to the increasing construction activities in the residential, commercial, and industrial sectors. Precast concrete is used in the production of various products used in construction, such as wall panels, underground vaults, pipes, tanks, slabs, and barriers. Construction end-users prefer precast structures due to their superior strength and durability. Precast concrete also helps in the faster completion of construction projects, leading to increased adoption. Offsite construction is gaining prominence in the construction industry as the method helps in saving time and avoiding material wastage. The process can be carried out irrespective of the weather conditions. The growth in offsite construction is anticipated ...

  Loyalty Management Industry The global  loyalty management market  size is expected to reach USD 20.44 billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030, according to the recent reports of Grand View Research, Inc. The loyalty management software helps view real-time data about how customers engage with the brand. Access to this information enables organizations to develop innovative and effective strategies fors improving loyalty programs and the brand. The software can also create individual profiles for each customer. In addition, based on customers’ behavior, organizations can analyze and understand customer engagement, subscription utilization, and usage frequency. Customer Service Managers (CSMs) create campaigns and strategies to target required customers for increasing customer retention, customer satisfaction, and customer engagement. These are the key factors expected to drive market growth over the forecast period. The demand for loyalty management...

  Polysilicon Industry The global polysilicon market is anticipated to reach USD 104.69 billion by 2030 along with a growth rate of 16.0%, according to a new report by Grand View Research, Inc. The market is witnessing significant growth due to the expansion of the solar industry. Polysilicon is a critical raw material in solar panel manufacturing, and the increasing demand for solar energy worldwide is driving the market growth.  Additionally, many governments are recognizing the importance of transitioning to cleaner energy sources, which led to the introduction of a range of incentives and support mechanisms to promote solar energy adoption. These incentives are often financial in nature and include tax credits, subsidies, and grants. This financial attractiveness encourages businesses to expand their use of solar energy, further driving the demand for polysilicon-based solar panels. The semiconductor industry is persistently expanding to meet the increasing demand for elec...

  Lactic Acid Industry The global lactic acid market size is expected to reach USD 5.80 billion by 2030, expanding at a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growth can be attributed to increasing demand for this product in various end-use industries, including industrial, food & beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. Additionally, demand for this product as a feedstock in the production of polylactic acid (PLA) is anticipated to drive the market globally. Various raw materials used for the production of lactic acid include carbohydrates such as corn, sugarcane, sugar beet, and tapioca. Large share of this product produced globally is obtained through the fermentation process owing to its lower production costs as well as rising consumer awareness regarding sustainable and environmentally friendly products. The production process is commercially mature with a signific...

  Transplantation Industry The global  transplantation market  size is expected to reach USD 30.9 billion by the year 2030, expanding at a CAGR of 9.3%, according to a new report by Grand View Research, Inc.  Growing incidence of organ failure has resulted in massive growth in the transplantation market. Rising demand for transplant products such as tissue products, immunosuppressants, and organ preservation solutions is a major factor anticipated to boost the market’s growth during the forecast period. Thus, many biotechnology and medical device companies have begun to concentrate on the development of advanced transplant products for the management of organ failure. Technological advancement in organ transplantation methods is another major factor supporting the market growth. The development of novel & improved transplant products such as tissue products and surgical instruments has majorly contributed to the expansion of the sector. In addition, the...

  Disposable Medical Gloves Industry The global  disposable medical gloves market   size is expected to reach USD 12.49 billion by 2030, registering a CAGR of 8.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global market is primarily driven by the increasing prevalence of infectious diseases and viral outbreaks coupled with increasing rising expenditure. Factors, such as growing investments in both public & private sectors, an increasing geriatric population, and a high influx of migrants coupled with the increasing healthcare expenditure are expected to boost the healthcare industry growth, which, in turn, will boost the product demand. The adoption of novel practices in the healthcare & medical settings and the development of better medical care products & technologies are projected to drive the demand for healthcare services and the need for modern medical infrastructure. This, in turn, will drive the market over the years...