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The Snow tire market is evaluated at US$20.378 billion for the year 2022 and is projected to grow at a CAGR of 8.11% to reach a market size of US$35.167 billion by the year 2029. The snow tires are also known as winter tires. These are designed for use on snow and ice and have a tread design with larger gaps than those on conventional tires which increases friction on snow and ice. S
The API management market is evaluated at US$3.668 billion for the year 2022 and is projected to grow at a CAGR of 21.08% to reach a market size of US$14.001 billion by the year 2029. API stands for Application Programming Interface which is a programming interface that connects applications, a messaging system, or a database. API management is a method used to ensure API endpoints a
The South American flexible packaging market is estimated to reach US$20.726 billion in 2029 from estimated value of US$14.761 billion in 2024, at a CAGR of 7.02%. The purchasing tendencies of South American economies namely Brazil and Argentina are growing at a constant rate. Moreover, the demand for sustainable packaging options has witnessed significant growth in the region, especially in food & beverage applications, owing to which the consumption prevalence o
The risk-based authentication market was valued at US$3.478 billion in 2022 and is expected to grow at a CAGR of 9.84% over the forecast period to reach a market size of US$6.707 billion by 2029. A security technique known as risk-based authentication (RBA) assesses several variables to establish the degree of risk related to a user's identity and actions during an authentication attempt.
The Europe flexible packaging market is projected to grow from US$58.456 billion in 2024 to US$66.655 billion in 2029, at a CAGR of 2.66%. Food and beverage, healthcare, and personal care industries require packaging solutions with a high level of protection, consumer friendliness concerning convenience, and packaging design. Bolstering the growth of such end-users is estimated to drive the growth of the European flexible packaging market. Major players in the ma
Europe colocation market will reach US$40.546 billion in 2029 at a CAGR of 10.20% from US$24.951 billion in 2024. Data Center Colocation plays a major role in providing much-needed benefits to companies willing to reduce their operating costs and remain competitive. SMEs in Europe are facing challenges related to burgeoning data and moving their services onto the cloud, owing to which colocation has become one of the preferred options.
The North America colocation market is predicted to grow at a CAGR of 10.47% over the forecast period to reach US$43.889 billion by 2029, increasing from estimated value of US$26.678 billion in 2024. Growing corporate culture and improvement in the strength of SMEs in major North American economies namely the USA and Canada has created demand for additional data storage spaces.
The Canada colocation market is projected to reach US$14.360 billion in 2029 from estimated value of US$7.832 billion in 2024, at a CAGR of 12.89%. ICT development, investment in SME establishments, followed by strategic policies to digitize the economy are majorly driving the demand for modern technical infrastructure in Canada for managing and processing data generated.
The automated breach and attack simulation market is expected to grow at a CAGR of 33.40% reaching a market size of US$34.664 billion in 2029 from US$4.611 billion in 2022. The automated breach and attack simulation (ABAS) market has witnessed a consistent growth trajectory, primarily fueled by various factors contributing to the heightened focus on cybersecurity. The proliferation of security measures and the escalating complexitie
The global biosurgery market is evaluated at US$12.114 billion for the year 2022, increasing at a CAGR of 6.70% to reach the market size of US$19.077 billion by the year 2029. The global biosurgery market comprises certain products used to minimize or reduce intra- and post-surgery complications. Biosurgery products offer more efficiency and less complexity in surgery and other medical procedures. Depending on th
The global Enzyme-Linked Immunosorbent Assay (ELISA) market is projected to grow at a CAGR of 5.56% increasing from US$2.138 billion in 2022 to US$3.123 billion in 2029. ELISA (enzyme-linked immunosorbent assay) or enzyme immunoassay (EIA) is a plate-based assay technique designed for detecting and quantifying substances such as peptides, proteins, antibodies, and hormones.
The North America flexible packaging market will reach US$42.913 billion in 2029 at a CAGR of 3.58% from US$35.998 billion in 2024. Flexible packaging is one of the most widely employed packaging techniques in food & beverage, personal care, and other consumer product applications. The demand for such packaging forms has witnessed significant growth in major nations such as USA and Canada fuelled by the surge in sustainable material adoption practices followed by