Pipeline

The Glycerin category is anticipated to grow at a CAGR of 7.92% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 2.62 billion. The widespread use in industries like cosmetics, pharmaceuticals, food, and chemicals due to its moisturizing properties and versatility contribute to the growing demand for the category. The demand for it in the industries is fueled by its use in the production of biofuels and as a component in some medical products. The rising awareness of sustainable and bio-based products has also driven the demand for the category, as it can be derived from renewable sources like vegetable oils. Ongoing research and innovation have uncovered new applications, further expanding its potential uses across industries. Worldwide there are more than 1,500 known applications for glycerin. High-purity glycerin is one of the most important industrial feedstocks. Crude glycerin, a byproduct of biodiesel production, can be used as a sustainable feedstoc...

The ATM Services category is anticipated to grow at a CAGR of 5.6% from 2023 to 2030. Asia Pacific region accounts for the highest ATM usage. According to Asian Banking & Finance, the Asia Pacific region accounted for more than 40% of the number of automated teller machines globally in 2021. Owing to technological advancement, the category has seen a drastic transformation and has changed the cash systems. Banks are aiming to enhance the speed, security, and user-friendliness of their ATMs. Some of the key trends in the industry include cash recycler, contactless transactions, cash withdrawals, more appealing user interfaces, mobile integration, biometric identification, and remote teller assistance to name a few. Cash recycling would help the machines to accept, sort, validate, and store banknotes. This can enable customers to use machines to withdraw and deposit cash eventually reducing labor costs. According to UK’s RBR 2023 report, from 2020 to 2021, the number of cash-recycli...

The patient engagement solutions procurement has gained traction on the back of technological advancements and demand for cost-cutting approach. The global market size stood at USD 22.7 billion in 2023. In 2022, North America held a substantial share in the global landscape, followed by Europe and Asia Pacific. North America’s dominance is mainly due to the increased incidences of chronic diseases, the need to reduce healthcare costs, and favorable government efforts and regulations. The region is led by the U.S. which has a complicated healthcare system with a ton of paperwork and a set of procedures for the commercialization of medical devices and treatments.  Europe holds the second-largest share due to publicly supported programs like the National Health Service (NHS) in the United Kingdom. The Asia Pacific region is anticipated to witness a decent growth rate with the presence of profitable growth prospects for the healthcare sector, such as improved care quality and healthca...

The corporate travel category is anticipated to grow at a CAGR of 13.99% from 2023 to 2030. APAC holds the largest category share of over 40% and it is expected to be the fastest growing region during the forecast period. The increasing globalization of businesses and the rise of the knowledge-based economy are driving the demand for corporate travel as companies seek to establish and maintain relationships with clients, partners, and suppliers around the world. Furthermore, the emergence of new technology and the digitization of the economy allow firms to function more efficiently and effectively across borders, fueling the expansion of the corporate travel sector. Furthermore, as more people desire to engage in international trade, investment, and commerce, the global middle class and the growing number of high-net-worth individuals are also fueling the demand for corporate travel. The increasing penetration of the Internet of Things (IoT) has enabled both travelers and travel opera...

The flooring services category is expected to grow at a CAGR of 5.2% from 2023 to 2030. The APAC region accounts for the largest category share, while the North American and European region is anticipated to be the fastest-growing region in the forecast period. Increasing demand for flooring services amid the rise in demand for superior, durable, aesthetic, and covering solutions are surging the requirements for flooring services in the category. Factors such as rising construction activities, rapid urbanization, rise in construction spending, and expansion of workspaces and offices are driving the growth of the category. Increasing demand for floor waterproofing with the use of Vinyl flooring combined with WPC (Wood-plastic composites) is further contributing to the category growth. Advancement in R&D and technology has brought category innovation to develop environmentally sustainable products, easy to install peel-and-stick tiles, and innovative construction solutions. Peel-and...

The fixed line services category is anticipated to grow at a CAGR of 5.20% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD999.75 billion. The consistent and stable connectivity service offered by the category makes it ideal for critical applications like business communications, remote work, and online learning. Higher bandwidth and faster internet speeds compared to wireless options further fuel the category demand which supports data-intensive applications, smart homes and IoT. The infrastructure such as fiber-optic networks offers scalability & security and the potential to meet future technological advancements and bandwidth requirements, making it a preferable option for businesses. Growing consumption of high-definition streaming content and online entertainment also supports the category rise. In August 2023, Reliance Jio surpassed BSNL to take the top spot among India's fixed-line service providers. According to Telecom Regulatory Author...

The onshore crane rental category is anticipated to grow at a CAGR of 4.6% from 2024 to 2030. The rising construction activity levels, infrastructure projects, and industrial expansion are driving the demand for the category. Crane rental services comprise renting out various types of cranes, such as onshore, offshore, marine, mobile, and other cranes. They are increasingly being used for complex activities such as ship loading, and material handling. The rising need for rental services, specifically from the oil and gas and construction industry, is expected to drive the demand for the category over the forecast period. Technological integration, such as crane rental software, smart derricks, IoT, remote monitoring, and rental platforms, are revolutionizing rental services. New derricks come equipped with smart service panels as a standard feature, streamlining the process for operators to identify and address issues. These crane service panels possess the ability to autonomously det...

The global IT asset disposition services category is anticipated to witness growth at a CAGR of 13.3% from 2023 to 2030. Key factors that drive the growth of the category include increase in electronic trash across the globe, move towards deployment of energy efficient products, increased adoption of bring your own device (BYOD) mechanism, rising acceptance and growing understanding of the benefits of cloud computing, which has led to a steady transition of services from on-premises to cloud-based, and increased awareness of the need to safeguard the environment. In addition, businesses are required to ensure careful data deletion and secure disposal of IT assets due to the strict enforcement of data protection requirements, such as the general data protection legislation. As enterprises prioritize protecting sensitive information during the disposal process to avoid data breaches and maintain regulatory adherence, this element is vital to the category's expansion. Technologies su...

The glycol ethers category is expected to grow at a CAGR of 5.74% from 2023 to 2030. There is a growing urbanization and an increase in the number of construction projects that led to rising demand for paint and coatings activities, which in turn is expected to drive the category growth. Glycol ether's rapid drying time and better printing quality make it beneficial for the printing industry. Further, glycol ethers are utilized in a variety of personal care items, including sunscreens and cosmetics. It has a high boiling point and superior solvent characteristics, which make the molecule a crucial reagent in the production of numerous personal care products which will drive the glycol ethers market growth. The Asia-Pacific region accounts for the largest category share in 2020 as the region's rapidly growing population has increased global demand for a wide range of commodities for industries such as automobiles, pharmaceuticals, and personal care. Recent technology advancemen...

The home healthcare services category is expected to grow at a CAGR of 7.96% from 2023 to 2030. It is anticipated to be driven by factors such as the aging population, increasing incidence of orthopaedic disorders as well as target diseases like dementia and Alzheimer's. In addition, the global category is also being influenced by the rising disposable income of individuals and increasing awareness about home care facilities. The elderly and bedridden patients choose home healthcare services and products in order to prevent readmissions to the hospital and have a greater rate of recovery than in-hospital treatment. Furthermore, the global home healthcare services category is bifurcated into skilled services (offered by healthcare professionals) and unskilled services (offered by daily living aid). Technological developments in the home healthcare sector are anticipated to fuel the growth of this category. For instance, active home telemonitoring equipment can help in gathering vit...

The cyber security category is anticipated to grow at a CAGR of 12.3% from 2023 to 2030. With a 34.9% share in 2022, North America dominated this category. Numerous prominent data breach incidents have recently made headlines between 2021 and 2022. Threats to company security exposed potentially millions of Americans' sensitive information, including usernames, passwords, and credit card data at organizations such as Yahoo!, Uber, and Target. It is imperative that even the world's largest companies remain vigilant about security vulnerabilities since hackers and cybercriminals develop new ways to access sensitive systems. Hence, there is an increased demand for cyber security experts and information security professionals worldwide. This is in turn driving the category growth significantly. The fact that most companies simply cannot risk a breach of information is one of the primary reasons the cyber security industry is expanding. According to the IBM data breach report in 202...