JD Sports Extends Sneakers Footfold With $325 Million Swoop On Shoe Palace
Nonetheless, demand for athletic footwear remains robust, and the U.S. represents the largest market in the world. By 2025 the global market is expected to reach a value of $95 billion, growing at a CAGR of 5.1% according to Grand View Research. Credence Research puts sneaker growth between 2019 and 2027 at 6.8% CAGR.
Related Report:Global Leather Sneakers Market By Closure Type (Lace Up, Zipper, Slip-on, and Others), By Sole Material (Rubber, Polyurethane, Leather, and Others) Growth, Future Prospects & Competitive Analysis, 2016 – 2030
DNA Ancestry Test Kits Are Hot Holiday Gifts Despite Privacy Concerns From Some
The direct-to-consumer genetic testing market, which includes more than just ancestry-focused tests, was expected to grow from about $70 million in 2015 to $340 million by 2022, according to a report from Credence Research.
Related Report:Direct-To-Consumer (DTC) Genetic Testing Market By Product (Pharmacogenetics Tests, Carrier Screening Tests, Genetic Health Risk (GHR) Tests, Cancer Predisposition Tests, Low-Risk General Wellness Tests, Ancestry Tests); By Technology (Single Nucleotide Polymorphism Chip, Whole Genome Sequencing); By Sample (Saliva, Urine, Blood); By Sales Channel (Institutional Sales, Hospitals, Specialty Clinics, Diagnostic Laboratories, Others, Retail Sales, Retail Pharmacies, Online Sales) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Europe’s Green Horizon For Medical Cannabis And Hemp
Europe’s cannabis sector is undergoing a profound transformation—one driven by evolving regulations, changing social attitudes, and rising institutional investor interest. Germany, as the continent’s largest economy, stands at the heart of this transition, leading a dual trajectory in both medical cannabis and industrial hemp.
Ponzi scheme, anyone?
Source: Credence Research. Among the domestic houses that are making inroads against UTI is the billionaire Birla family’s Birla Global Finance. India’s largest private sector fund manager, it has 14 sales offices around the country. Focusing on the high-technology, pharmaceutical and consumer goods industries, shares in Birla’s Advantage Fund more than doubled in value in the 12 months to Mar. 31. The Bombay Sensitive Index skidded 17% over that same period.
Related Report: Multi-Tenant Data Centers Market By Investment Strategy (Equity Strategy, Fixed Income Strategy, Multi-Asset/Balanced Strategy, Sustainable Strategy, Money Market Strategy, Others); By Type (Open-ended, Close-ended); By Distribution Channel (Direct Sales, Financial Advisor, Broker-Dealer, Banks, Others); By Investment Style (Active, Passive); By Investor Type (Retail, Institutional) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How AI In Medical Writing will Save Money And Speed Market
There’s certainly plenty of market to go at. The market for AI In medical writing was worth $685 million last year, according to Credence Research, but will grow to $1.58 billion by 2032, it estimates.
Through Her Massive Audience She Seeks To Make The World More Inclusive
In recent years more designers have focused on inclusivity and diverse bodies. Studies like one from Credence Research report that more than 67% of women in the United States wear a size 14 or above. It is said that the clothing market is a $288 industry for plus-sized women.
Fashion Meets Technology: Inside TheArsenale’s Segway Collaboration
TheArsenale has made its first delivery to Bahrain, marking a significant milestone in its expansion into the Middle East’s burgeoning luxury vehicle market. According to Credence Research, the UAE’s luxury car sector alone is set to more than double from $4.1 billion in 2023 to nearly $9 billion by 2032.
Accessibility & Diversity At New York Fashion Week: Here Are The Brands Critics Say Are Doing It Right
Credence Research, a market research and counseling firm, valued the global plus-size women’s clothing market at $195 billion in 2021 with an estimated $322 billion value by 2030.
DNA Ancestry Test Kits Are Hot Holiday Gifts Despite Privacy Concerns From Some
The direct-to-consumer genetic testing market, which includes more than just ancestry-focused tests, was expected to grow from about $70 million in 2015 to $340 million by 2022, according to a report from Credence Research.
AI Has Leveled The Playing Field Of Knowledge: Perspective Is The New Advantage
AI is transforming how brands and agencies build and apply knowledge, and in doing so, it’s erasing one of our most profitable lines of business.Across every sector, companies are developing brand intelligence systems. These proprietary platforms continuously gather and analyze signals about their customers, competitors and markets. According to Credence Research, the customer intelligence platform market was valued at $3.22 billion in 2024 and is projected to reach $23.31 billion by 2032. These systems promise to do what dashboards, databases and PowerPoints never could: connect everything.
Related Report: Customer Intelligence Platform Market By Component (Platform, Service, Consulting, Support & Maintenance, Deployment & Integration); By Deployment Mode (Cloud-based, On-premises); By Organization Size (SMEs, Large Enterprises); By Application (Sales & Marketing Optimization, Customer Experience Management, Customer Retention & Engagement, Customer Behavior Analytics); By End Use (BFSI, Retail & E-commerce, Telecommunications, Healthcare, Travel & Hospitality, Media & Entertainment) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Novo Holdings sharpens India focus with bigger bets on niche hospitals
The segment is projected to reach $40.14 billion by 2032 from $16.2 billion in 2024, driven by rising health awareness and chronic disease prevalence, according to Credence Research.
Related Report: India Single Specialty Hospital Market By Ownership Segment (Public, Private, Public-Private Partnership (PPP)); By Specialty Type (Eye Care / Ophthalmology Hospitals, Mother & Child, Maternity Hospitals, Fertility & IVF Centers, Urology & Nephrology Hospitals, Oncology Hospitals, Orthopedic & Joint Replacement Hospitals, Dental Hospitals, Dermatology & Cosmetology Hospitals, ENT Hospitals, Other Single-Specialty Hospitals); By Bed Capacity (Up to 50 Beds, 51–100 Beds, 101–200 Beds, Above 200 Beds); By Type of Services (In-patient Services, Out-patient Services, Day-care, Short-stay Procedures, Diagnostic & Preventive Care Services) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Blasphemous, appropriative, and wildly popular: the rise of the celebrity prayer candle
According to a Credence Research report from 2016, votive candles make up 22 percent of the global candle market.
Could At-Home Genetic Test Kits Be Illegal?
Credence Research, Inc. found the direct-to-consumer genetic testing market is booming. In 2017, the market was valued at more than $117 million, and it is expected to reach a value of more than $611 million by 2026.
Breakfast Blues: The Vanishing Meal
Additionally, the rise of grab-and-go food has changed breakfast culture significantly. A report by Credence Research projects the breakfast food market will grow from $465 million in 2024 to $636 million by 2032, reflecting an annual growth rate of 4%. The report also shows increased consumer demand for convenient, healthy and on-the-go breakfast options, particularly among busy professionals and health-conscious individuals, is driving this growth.
The DNA Test That Tells You What Not to Eat
It’s a burgeoning market that Credence Research Inc. predicts will generate $340 million by 2022 from $70.2 million in 2015.
The No. 1 feature consumers want from the iPhone 8
Bad battery life often means adding a battery case, and worrying about a cracked screen has turned phone cases into a $12 billion industry annually and growing.
How Chatbots Are Transforming Insurance – Eight Examples
The consumer shift towards these platforms presents a huge opportunity for businesses. Seizing that opportunity will require the use of chatbots. Analysis from Credence Research projects that the chatbot market is on the verge of exponential growth.
Conversational AI – SAPsv NOW Innovation Showcase
Chatbots are clearly gaining popularity and the numbers prove it. The global Enterprise chatbot market was valued at US$88.3 million in 2015. This number is expected to grow exponentially over the next decade, according to a study published by Credence Research. Read More
Related Report: Global Chatbots Market To Witness Exponential Growth By 2023
Want to know more about your family? DNA testing kits bring their own forms of baggage
Still intrigued by the idea of testing your DNA? You’re not alone; predictions say the consumer genetic testing market will be worth $340 million in the next four years. Read More
Underground mining equipment market to reach US$30.5 billion by 2023
Global underground mining equipment will reach US$30.5 billion by 2023 according to a market research study published last month by Credence Research. Read More
PepGen: DMD Discontinued, Ways To Go With DM1
As said, calling the outstanding development burden at around $1 billion, where things will really start to get expensive in phase 3 and increase cash burn from its current rate at ~$100 million annualised ($23 million operating losses*4 quarters), and considering the current valuation at $350 million, we get around $1.35 billion in EV. We use the midpoint of our estimates or the Credence Research estimate to get $3.2 billion on a best-guess basis.
India’s Headlines Got Worse, The Investment Case Got Better
From a market perspective, this moment may represent a reset—not a reversal. Equity valuations have held steady, earnings revisions are constructive for the second half of the fiscal year, and both public and private capital remain committed to the India opportunity. For long-term investors, these periods of sentiment divergence often precede re-rating opportunities.
Torrid Holdings Readies $156 Million U.S. IPO
According to a 2018 market research report by Credence Research, the global market for plus-sized women’s clothing was an estimated $165 billion in 2017 and is forecast to reach $243 billion by 2026.
THE PLUS-SIZE
MARKET
The plus-size market became recognized in 1904, when
Lane Bryant open its doors to the public becoming the first
exclusively plus-size retailer. Later, in the 1980’s, “plussize” became the designated descriptor for 14+ sizes.
Today, more brands including Ralph Lauren, Talbots, H&M,
Anthropologie, and young designers such as Zac Posen and
Christian Siriano are embracing and working to cater the
plus-size market.
Industry 4.0: proofs of concept dedicated to predictive maintenance
According to a report published by Credence Research1, the global predictive maintenance market was estimated to be worth 2.9 billion dollars in 2018, and expected to develop with an average annual growth rate of 28.5% until 2027
The future of Indian retail is AI and omnichannel: A preview from ET Soonicorns Summit 2025
In fact, the Indian market reflects this global trend with a unique intensity. The AI in the Indian retail market is projected to skyrocket from USD 216.26 million in 2023 to nearly USD 2.97 billion by 2032, per data released by Credence Research. This is propelled by the insatiable demand for personalised shopping.
Related Report: India Artificial Intelligence in Retail Market By Component (Solution, Services); By Business Function (Marketing & Sales, Human Resources, Finance & Accounting, Operations, Cybersecurity); By Technology (Machine Learning, Natural Language Processing, Chatbots, Image and Video Analytics, Swarm Intelligence); By Sales Channel (Omnichannel, Brick and Mortar) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
The Epoch Times
The online content filtering market is tipped to hit $3.8 billion USD by 2022, according to an industry report. Read More
Related Report: Web Content Filtering Market By End User (Business Organizations, Schools and Institutions, Federal and Government Agencies, Others), Filtering Technique (URL, IP, DNS, Keyword, File Type Filtering, Others) – Growth, Share, Opportunities And Competitive Analysis 2015 – 2022
Tech Company Accused of Helping Oppressive Regimes Crack Down on Free Speech
While consumer-facing network operators in offending countries can manually configure their systems to block specific websites or applications, “the task can be time-consuming, complicated, and ineffective,” the report reads. So Internet filtering companies like Netsweeper offer do this for them, at a potentially great profit. The online content filtering market is tipped to hit $3.8 billion USD by 2022, according to an industry report.
How rightsholders can maximise revenue with corporate hospitality in sports
The market for premium experiences at live sport continues to grow. While exact figures vary, reports suggest that corporations globally spend billions each year on sports hospitality, seeking to entertain clients, reward staff, and network in an environment far removed from boardrooms. According to Credence Research, the global sports hospitality market can be valued at $16–17 billion in 2024, with forecasts projecting it will reach $85 billion by 2032.
The rise of portable fans is cute, convenient, and a bit of a bummer
This isn’t just my personal observation from the floor of a variety of admittedly sweaty conventions and the depths of TikTok recommendations — climate change is here, and $10 portable fans are trending. According to market research consulting company Credence Research, the portable fan market is projected to grow from $558.92 million in 2024 to $979.16 million by 2032.
Related Report: Portable Fan Market By Product Type (Handheld Fans, Desk Fans, Tower Fans, Clip-On Fans, Personal Cooling Fans); By Technology (Battery-Operated Fans, USB-Powered Fans, Smart Portable Fans, Energy-Efficient Fans, Low-Noise Fans, Multi-Speed Fans); By End-User (Residential, Commercial, Industrial); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Gift cards’ true value: A post peak season inventory rush
Gift cards in the U.S. brought in an estimated $314.35 billion in 2017, and the market is estimated to increase to $750 billion by 2026 internationally, using a 10.1% compounded annual growth rate, according to Credence Research.
Related Report: Gift Cards Market By Material Merchant Type (Restaurants, Department Stores, Grocery Stores, Supermarkets/Hypermarkets, Discount Stores, Coffee Shops, Entertainments, Salons/Spa, Book Stores, Home Décor Stores, Gas Stations, Visa/Master Card/American Express Gift Cards, Others) By Merchant Type (Universal Accepted Open Loop, Restaurant Closed Loop, Retail Closed Loop, Miscellaneous Closed Loop, E-Gifting) By End User – Growth, Future Prospects and Competitive Analysis, 2022 – 2030
Người tiêu dùng chuyển dịch nhu cầu mua điều hòa
Theo báo cáo từ Credence Research, thị trường điều hòa Việt Nam đang trên đà tăng trưởng, với quy mô ước tính hơn 1,4 tỷ USD năm 2024, dự báo có thể đạt gấp đôi vào 2032, dẫn dắt bởi dòng sản phẩm chú trọng công nghệ, sức khỏe và thân thiện môi trường.
Insecticide Toxicity: Consumption, Assessment Methodologies and Safety Issues in India
Insecticides are tool for integrated pest management which is widely used to control insect pest population. Among different categories of pesticides, the insecticides are the most widely used compounds in terms of value.
Strategic HR Analytics: Driving Business Performance
Using HR analytics can transform how HR operates, provide new insights and allow HR to actively and meaningfully contribute to business performance. It has been forecast that the global HR analytics market will grow at a compound annual growth rate (CAGR) of 12.8% from 2019 to 2027 (Credence 2019)
Related Report: HR Analytics Market By Solution (Employee Engagement & Development, Payroll & Compensation, Recruitment, Retention, Talent Analytics, Workforce Planning, Others); By Service (Implementation & Integration, Support & Maintenance, Training & Consulting); By Deployment (Hosted, On-premise); By Enterprise Size (Large Enterprise, Small & Medium Enterprise [SME]); By End-use (Academia, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Helping Plus-Size Brides Feel ‘Seen and Heard’
Back then, there were few magazines or advertising visuals for plus-size brides to connect with, she said, even though in the fashion industry, sizes 14 and up, which are considered plus-size, include approximately 67 percent of American women, according to Credence Research’s 2023 report on the United States plus-size women’s clothing market.
Related Report: U.S. Plus Size Women’s Clothing Market By Product Type (Casual Wear, Formal Wear, Sports Wear); By Age Group (Below 15 Years, 15-24 Years, 25-45 Years, 46-60 Years, Above 60 Years); By Distribution Channel (Online Retailers, Super Markets & Hyper Markets, Specialty Stores) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Smart Oil Fields, a Reservoir of Emerging Technologies
According to a recent marketing report published by Credence Research, the Global Big Data Services Market for the Oil and Gas Industry is expected to reach $33.5 billion by 2023. A typical modern offshore oilfield has over 10,000 sensors pumping peta bytes of data per day forming deeply intertwined cyber-physical systems that rely increasingly on algorithms and robotics. As sensor technology becomes cheaper and wireless, there is a premium on the ability to extract and manage large volumes of data in real time. Enter artificial intelligence.
Related Report: Big Data Services Market By Service Type (Consulting Services, Data Integration and Management Services, Data Analytics and Insights Services, Data Visualization Services, Data Science and Machine Learning Services, Data Security and Governance Services, Managed Big Data Services, Training and Support Services, Cloud-based Services); By End-User (Enterprises, Small and Medium-sized Enterprises (SMEs), Government and Public Sector, Academic and Research Institutions); By Industry Vertical (Retail and E-commerce, Healthcare and Life Sciences, Banking, Financial Services, and Insurance (BFSI), Manufacturing and Logistics, Telecommunications and Media, Energy and Utilities, Transportation and Logistics, Others); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
El turismo en México está viviendo no sólo un cambio de destinos, sino de conciencia
Este modelo de turismo está creciendo de forma constante en México. De acuerdo con Credence Research, firma internacional especializada en estudios de mercado, el segmento de turismo sostenible en nuestro país pasará de generar 48.7 millones de dólares en 2024 a 74.8 millones en 2032, reflejando una tendencia de expansión y especialización.
Related Report: Mexico Sustainable Tourism Market By Product Type (Eco-Friendly Accommodations, Responsible Tour Operators, Community-Based Tourism Initiatives, Eco-Adventure Travel, Sustainable Transportation Services, Green Travel Packages); By Design (Digital Platforms and Apps, Eco-Certification Programs, Sustainable Travel Marketing Solutions, Hybrid Travel Packages) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Earning billions of dollars by using flies to turn trash into animal feed
This market is also growing rapidly. Research on Credence Research said that the global BSF market was at $541.5 million in 2022, expected to reach $3.88 billion by 2028, with a CAGR of up to 32.5%. The latest research on Meticulous Research in May 2025 predicted that by 2035, the BSF market could reach $5.6 billion.
Italy second super destination in the world for luxury tourism
Secondo le previsioni di Credence Research, il mercato del turismo di lusso nel 2024 aveva un valore di a 2,3 miliardi di dollari e si prevede che raggiungerà i 2,9 miliardi di dollari entro il 2032, con un Cagr del 3,62%.
What is EVN doing to solve the ‘energy thirst’ from AI and data center?
Data centers for AI consume a huge amount of power, ranging from a few hundred MW to GW, many times higher than traditional data centers. This requires a long-term energy strategy, which not only focuses on providing enough electricity, but also ensuring a clean and stable power supply.According to Credence Research’s “Vietnam Artificial Intelligence Market Size & Forecast 2032, by 2040, AI could contribute more than $130 billion to Vietnam’s economy.
Turismo mexicano con visión global a la conquista de mercados internacionales
Cifras de Credence Research, firma internacional especializada en estudios de mercado, señalan que el segmento de turismo sostenible para México generará 74 mil 800 millones de dólares en 2032, reflejando una tendencia de expansión y especialización.
Why analog bars are experiencing a new boom
Globally, the boom is undeniable. According to a report by Credence Research, the global market for coffees and game bars was valued at around USD 1.268 million dollars in 2024 and could exceed 2.495 million in 2032, with compound annual growth close to 10%. Another study by Dataintelo confirms this expansion and projects a similar increase, noting that the phenomenon is not fleeting, but a structural change in the way people consume leisure and socialize. North America is nearly half the market, but Asia is the fastest growing region, especially in young and dense cities.
“Healthy skin instead of white skin” … India MZ in K Beauty
According to the market research institute Credence Research, the K-beauty market size in India is estimated at about US$4658 million (about US$562.3 billion) by 2023. It is expected to grow to $9593 million by 2032 billion. The average annual growth rate is 10 per cent.
An expert guide to buying spices
Credence Research says interest in spices is being driven by a demand for diverse and exotic flavours, experimentation, and a shift towards natural, whole foods, and cooking from scratch.
Related Report: Dependable and Unbiased Industry Market Research Reports
Legal Risk Management in the Digital Age
Recent advances in technology have accelerated the pace of digital transformation across industries, and legal services are no exception. The introduction of automation, artificial intelligence, and advanced analytics is enabling legal professionals to streamline workflows, optimize time-intensive tasks, and make data-driven decisions while reducing the risk of errors.
Piwik PRO Launches UAE Data Centre to Support MENA Customers
In 2024, the United Arab Emirates (UAE) Internet Data Centre (IDC) market was valued at almost USD $250m and is projected to double in 2032, growing at a CAGR of 10.46%.1 The rapid growth of UEA as a data centre hub is fuelled by digital and AI transformation, progressive government initiatives, and rising demand for cloud computing and data sovereignty.
K-Beauty ‘Anua’ Claims No. 1 in Japan… Surpassing Local Brands with ‘Stockpiling’ Popularity
The market size is also expanding rapidly. According to data from the Japan Cosmetic Import Association (CIAJ), the import value of Korean cosmetics in Japan reached 36.04 billion yen (approximately 338.5 billion won) in the first quarter of this year, a staggering 22.9% increase compared to the same period last year. Credence Research in Japan forecasts that the Korean cosmetics market in Japan will grow at an average annual rate of 8.28% by 2032, expanding to a size of 177.21 million dollars.
Informa Markets Announces Landmark Move: ProPak Asia 2026 to Relocate to IMPACT Muang Thong Thani
According to Credence Research, a global market research and consulting firm, the value of the global food and beverage market is projected to grow from USD 6.2 trillion in 2024 to nearly USD 9.8 trillion by 2032. Key driving forces include shifting consumer behaviors, increasing demand for convenience and ready-to-eat foods, and a rising focus on health.
Related Report: Tray and Sleeve Packing Machines Market By Machine Type (Automatic, Semi-Automatic, Manual); By Application (Food and Beverage, Pharmaceuticals, Cosmetics, Consumer Goods, Others); By End-User (Manufacturing, Packaging, Logistics, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
The Therapeutic Potential of Pharmacologically Active Cannabinoids
In the latest market report published by Credence Research, Inc., the osteoarthritis treatment market was valued at US$5 billion in 2015. Read More
The growing push for size inclusivity in fashion faces some obstacles
The global plus-size women’s clothing market is expected to reach “a market value of over $264.4 billion in 2027, while the cumulative growth opportunity […] over the forecast period is $1570 billion,” according to Credence Research.
Why India’s EV Market Plays by Its Own Rules — Insights from Vasudha Madhavan
Asia is expected to continue its rapid pivot toward electrified transport. Current estimates signal that the Asia-Pacific electric vehicle market is projected to more than double by 2032, growing from roughly USD 245.6 billion in 2024 to some USD 551.5 billion, at a steady CAGR of 10.6% according to Credence Research Inc. In India, electric vehicle sales have already surged to 7.7% of new vehicle registrations, with over 6.5 million EVs on the road as of mid-2025, according to NITI AAYOG. This groundswell isn’t just about cleaner mobility; it signals escalating investor interest and a shift in capital deployment patterns
India ventilator market to reach USD 351.12M
The India ventilator market is at a critical inflection point, poised for robust long-term growth driven by epidemiological pressures, healthcare infrastructure development, and supportive policy frameworks. Despite challenges such as import dependency, the market exhibits strong fundamentals and opportunities for strategic investment and innovation. Regional expansion, public-private partnerships, and localized manufacturing capabilities will remain the key enablers for achieving widespread ventilator accessibility and patient-centric critical care delivery across India. Credence Research
Les investissements mondiaux dans la pétrochimie devraient atteindre 956 milliards USD d’ici 2032
Selon le cabinet d’analyse Credence Research, le marché mondial des produits pétrochimiques, estimé à 623,40 milliards USD en 2024, pourrait atteindre 956,25 milliards USD d’ici 2032. Cette projection repose sur un taux de croissance annuel moyen de 5,49 %. Cette dynamique est principalement tirée par la demande croissante de plastiques, de fibres synthétiques et de produits chimiques de performance dans les secteurs de l’emballage, de l’automobile, du bâtiment et de l’électronique.
Australia is obsessed with K-beauty…SNS·K culture ride spreads
The presence of K-Beauty in this flow is clear. Credence Research predicts that the K-beauty market in Australia will grow from $1400 million in 2023 to $213 billion in 2032. The average annual growth rate is 8.19%. In addition to Priceline, Chemist Warehouse and Mecca, the online platform Adore Beauty, you can easily find K-Beauty-only categories.
[Market Outlook] Petrochemical Grows to $9562 Billion in 2032
The global petrochemical market is expected to grow to $9562 billion by 2032. This is expected to be at a steady annual growth rate of 5.49% over the forecast period, at $6234 billion in 2024. Credence Research Inc. According to the Petrochemical Market, the growth of the petrochemical market is mainly driven by the increase in demand in various end-use industries. The demand for plastics, synthetic fibers and functional chemicals, is particularly high throughout the packaging, automotive, construction and electronics industries, which are essential for modern industrial growth and consumer goods development.
When Walls Become Batteries: The Next Frontier in Architectural Design
Despite these cautions, structural batteries are predicted to be in considerable demand based on their impressive potential. A recent report by Credence Research indicates that the global structural battery market will grow more than 20% by 2032. The study predicts that the emphasis on low-carbon construction will motivate the rapid adoption of structural batteries in buildings.
Global Black Friday Sales Market projected to surge with double-digit growth through 2032
From bustling malls to seamless online platforms, the Black Friday sales market will reach record highs, with forecasts pointing to steady expansion through 2032 at a compound annual growth rate of 12.5 percent. Meanwhile, a recent report from Credence Research has foreseen that the global Black Friday Sale Market will grow from USD 278.63 billion in 2024 to USD 849.39 billion by 2032, reflecting a compound annual growth rate (CAGR) of 14.95%
AI Adoption Accelerates in Health, as Safety Debate Grows
Credence Research projects that the AI-driven personalized nutrition and wellness solutions market will grow from US$12.3 billion in 2023 to US$68.3 billion by 2032. The segment includes platforms that analyze metabolic, genetic and behavioral data to offer individualized dietary and health recommendations. The expansion is fueled by user adoption of wearables, mobile health applications and continuous monitoring tools. “AI will be pervasive across healthcare,” said Waleed Mohsen, Founding CEO, Verbal. “But we need the equivalent of airbags for healthcare AI: safeguards that prevent harm.”
Mexico Sets Sights on Top 5 Global Tourism Rank by 2030
In the decades since, traveler demand for eco-friendly, socially responsible experiences has surged. According to Booking.com, over 75% of all international tourists aim to travel more sustainably, with 57% seeking to reduce energy consumption, 54% favoring greener modes of transport, and 43% expressing guilt when making unsustainable travel choices. Domestically, 98% of Mexican travelers actively consider sustainability in their travel plans, according to the same report. In response to these preferences, a Credence Research study projects that Mexico’s sustainable tourism industry could generate US$74.8 billion by 2032.
Microalgae biomass as an alternative ingredient in cookies: Sensory, physical and chemical properties, antioxidant activity and in vitro digestibility
Moreover, other companies are starting to pay attention to this area and according to Credence Research Report [4] the international algae products market is expected to reach US$ 44.7 billion by 2023, growing at a compound annual growth rate of > 5.0% in the 2016–2023 period. Nutraceuticals dominate the algae products market followed by Food & Feed applications [4].
Algal protein: Structural functionality, advanced extraction technologies, and challenges for applications in food nutrition security
Recently, algae have been promoted as a novel natural source of protein and bioactive compounds due to their broad and remarkable ecological adaptability (Demarco et al., 2022) (Fig. 1). According to credence research, the global algae products market value amounts to 44.9 billion dollars in 2022, growing at a compound annual growth rate (CAGR) of 5.2 % from 2016 to 2022, and it is forecast to reach over 61.8 billion dollars by 2027 (Alzahmi et al., 2024). Algae are generally classified by size into two categories: macroalgae and microalgae. Algal protein is mainly synthesized through photosynthesis, in which light energy is absorbed by the chloroplasts of algal cells, causing water molecules to break down and release oxygen.
Brand effect on extended warranty valuation: Subjective value versus popularity
The global extended warranty market for consumer electronics amounted to $29.4 billion in 2017 and is estimated to grow to $50.2 billion by 2026 (Credence Research, 2018). Although some extended warranties cover product loss due to theft, carelessness, and accidents, most normally cover only product failures due to manufacturing defects. Our focus in this research is on extended warranties of the latter type. Research has shown that often these warranties provide little value to the customer from an economic perspective.
Ohmic heating for attenuation of Lactobacillus acidophilus LA-5 in Minas Frescal cheese: probiotic survival, biological activity, and in vitro antimicrobial activity
Cheese is presented as an interesting dairy matrix to be added with probiotics. Indeed, the probiotic cheese market is projected to grow from USS 527 million in 2024 to an estimated USD 1659.71 million by 2032, with a compound annual growth rate (CACR) of 15.4 % from 2024 to 2032 (Credence Research, 2024).
Mn/Fe3O4@polyimide composite for magnetic solid-phase extraction of phthalate esters from drinking water
Water is an essential resource for everyone, serving numerous critical functions in the human body. On average, adults should consume at least 1.5 liters of water daily to ensure proper bodily functions (Jéquier and Constant, 2010). In China, tap water is the primary source of drinking water in many regions (Zhu et al., 2023, Shi, 2020), while the popularity of bottled water is increasing due to its perceived safety, improved taste, and convenience (Zhelaeva et al., 2021; Credence Research, 2023). Tap water is typically distributed through pipes made of polyvinyl chloride (Le et al., 2021, Liu et al., 2015), whereas bottled water is packaged in bottles primarily composed of polyethylene terephthalate (da Silva Costa et al., 2021).
Related Report: India Bottled Water Market By Water Source (Natural Mineral Water, Purified Water, Spring Water, Artesian Water, Sparkling Water, Alkaline Water); By Packaging Water Source (PET [Polyethylene Terephthalate] Bottles, Glass Bottles, Cartons and Pouches, Cans); By End-User (Households, Foodservice and Hospitality, Offices and Corporate, Healthcare Facilities, Outdoor and On-the-Go, Institutional Buyers); By Product Varieties (Still Water, Carbonated Water, Flavored Water, Functional Water, Vitamin-Enhanced Water, Premium Water); By Pack Sizes (Individual-Serve Bottles, Multi-Serve Bottles, Bulk Packaging); By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Vending Machines, Wholesalers and Distributors) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How the humble Op Shop became a billion dollar industry
According to Credence Research data, Australia’s second-hand clothing market will grow from $578 million in 2023 to $1.6 million by 2032, maintaining an 11.88% compound annual growth rate from 2024 to 2032.
The Complete Guide to Using AI as a Sales Professional in United Arab Emirates in 2025
AI in the UAE is already focused on practical, sales‑first wins: conversational AI and chatbots qualify and nurture prospects 24/7 – especially useful in Dubai’s round‑the‑clock market – while predictive analytics and lead‑scoring surface the highest‑intent accounts so reps spend time where it matters; local writeups highlight e‑commerce firms using bots to re‑engage abandoned carts, real‑estate CRMs that forecast viewing‑to‑sale likelihood, and hospitality teams tailoring offers from behavioural signals.
How AI Is Helping Retail Companies in Canada Cut Costs and Improve Efficiency
Measuring AI’s payoff for Canadian retailers means tracking both hard cash and customer signals: start with adoption and market context (only 12.2% of Canadian businesses reported using AI in the 12 months to Q2 2025, up from 6.1% a year earlier) and combine that with retail‑specific KPIs – forecast accuracy, on‑shelf availability, waste reduction and revenue per AI interaction – to prove impact quickly; Credence Research projects the Canada AI‑in‑retail market will balloon from USD 254.54M in 2024 to USD 2,769.23M by 2032 (CAGR 30.37%), so measuring lift in conversion, average order value and loyalty engagement is critical as investment scales.
Will AI Replace Legal Jobs in Germany? Here’s What to Do in 2025
Impact differs sharply by sector and firm size in Germany: financial services are racing ahead – the Germany AI in finance market was roughly USD 1.98bn in 2024 and is forecast to grow rapidly (Credence Research’s projection to USD 19.49bn by 2032 reflects a CAGR ~28.9%) – driven by fraud detection, credit scoring and back‑office automation, even as the Association of German Banks urges harmonised, sector‑sensitive implementation of the EU AI Act to avoid duplicate supervision (Association of German Banks position paper on an AI legal framework).
Related Report: Germany Artificial Intelligence in Finance Market By Component (Solution, Services); By Deployment Mode (On-Premise, Cloud); By Technology (Generative AI, Other AI Technologies); By Application (Virtual Assistant [Chatbots], Business Analytics and Reporting, Fraud Detection, Quantitative and Asset Management, Others); By Geography – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Automated CPR Machines Boost Survival in Space Emergencies
For aerospace firms like SpaceX and Blue Origin, equipping spacecraft with compact CPR machines represents a strategic investment. The market for such devices is booming, with projections from Credence Research estimating growth to $3.188 billion by 2032, driven by space and terrestrial emergency needs. Stryker’s LUCAS 3, highlighted in industry briefs, exemplifies this trend, offering battery-powered operation suitable for confined habitats.
Related Report: Cardiopulmonary Resuscitation (CPR) Machine Market By Product Type (Piston CPR Devices, Load-Distributing Band (LDB), Active Compression Decompression (ACD) Devices and Impedance Threshold Devices, Extracorporeal Techniques and Invasive Perfusion Devices, Others); By Compressor Type (Manual CPR, Automatic Mechanical CPR); By Applications (Ambulances, Emergency Departments, Coronary and Intensive Care Units, Cardiac Catheterization Labs, Organ Transplant Facilities, Air Medevac Units, EMT Rescue Units); By End-User (Hospital and Clinic, Cardiac Catheterization Laboratories, Organ Transplant Unit) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How is Artificial Intelligence Changing the Energy Sector?
According to data from Credence Research, the Latin American power grid modernization market is expected to reach $7.359 billion by 2032, with a compound annual growth rate of 16.6%. This significant growth reflects the interest in adopting these types of technologies, which significantly improve the efficiency of power grids in the region.
Australians among biggest K-beauty buyers as snail mucin, salmon sperm and ‘glass skin’ lure skincare shoppers
In Australia, the market for K-beauty has been projected to grow from nearly $160 million in 2023 to more than $320 million by 2032, according to Credence Research.
What are Boutique Hotels and Why They’re Perfect for Your Next Holiday
Are you tired of staying in cookie-cutter chain hotels that feel impersonal and forgettable? If you’re looking for a holiday experience that’s as unique as you are, boutique hotels might just be your perfect match. These hidden gems of the hospitality world offer a blend of style, personality, and personalized service that can transform your vacation into something truly memorable. In this guide, we’ll explore what boutique hotels are, why they’re ideal for holidays, and how you can choose the right one for your next adventure. Let’s dive in!
Exploring a spark-ablation setup for production of water-dispersed nanoparticles for biomedical applications
Nanomaterials are rapidly making inroads into the biomedical field due to their unique nanoscale properties and unprecedented effects on biological systems. Nanomedicine exploits these phenomena by translating them into innovative therapeutic and diagnostic tools for the detection and treatment of various diseases. This complex interplay between materials science and medicine is driving research into smart nanomaterials, with objectives focused on the facile, clean, and reproducible synthetic routes (Starsich et al., 2019). Reflecting this demand, the global nanomedicine market is currently valued at approximately USD 200 billion and, with annual growth rates of 11%–12%, is projected to exceed USD 450 billion within the next decade (Credence Research; Grand View Research).
Circular economy (CE) implementation framework development and application to reverse osmosis (RO) membrane desalination systems
The membrane filtration market, driven mostly by polymeric pressure-driven membranes, especially MF, UF, NF, and RO, is estimated to grow from 7.51 billion USD in 2024 to 13.03 billion USD in 2032 with a CAGR rate of 7.12% (Gotadki, 2025). RO membranes contributed to about 45% of the total market annual revenue in 2023 and are projected to grow at an 8.4% CAGR rate from 2024 to 2032 (Gotadki, 2025). The growth associated with RO membranes is driven by the need for cleaner and safer water due to the rising awareness of waterborne diseases, stringent environmental regulations, and growth in wastewater treatment (Precedence Research, 2025; Data Bridge Market Research, 2025). Other growing industries for RO membranes include chemical, petrochemical, biotechnology, food, beverage, dairy, and medical (Credence Research, 2024). Clean energy production from fuel cells (Tariq et al., 2024) and cleaner hydrogen from electrolyzers are also on the growth horizon (Anim-Mensah et al., 2024).
Plant-based cheese, but more like cheese
Marangoni counts the research as a major success for learning and product development, but his high-protein plant-based cheese is far from being in the nearest grocery store.Protein isolates are gaining traction. Canada’s pea proteins market was worth an estimated US$75 million as of 2024, according to a sector analysis from Credence Research. That analysis expects the market to grow to almost US$180 million by 2032.
‘I hate my body’: image distortion and disorders generate wave of illnesses in the ‘health generation’
Regardless of the time, gyms are packed. Opening hours have been extended into the early hours of the morning, with the proliferation of 24-hour centers. The
fitness market is booming in Brazil, with approximately R$12 billion in revenue in 2024 alone, according to consultancy firm Credence Research. But a silent phenomenon accompanies this movement: people who exercise but
dislike their bodies.
Vir the Robot Boy Video Sparks Surge in Robot Toy Demand in India
Kids across India can’t get enough of Vir the Robot Boy, the animated hero who’s taken screens and imaginations by storm. Every new episode or viral video clip seems to spark a fresh wave of excitement, with children eager to bring a piece of Vir’s world into their own homes.This buzz has quickly turned into a real surge in demand for robot toys. Parents and toy shops are seeing kids ask for gadgets that let them reenact Vir’s daring rescues, clever tricks, and high-tech adventures.
India’s data centre journey in an AI-powered world
AI has moved beyond being just a buzzword; it’s now a key player in the operation of modern data centres. These AI-powered facilities leverage predictive analytics, machine learning, and automation to enhance energy efficiency, avert failures, and manage workloads in a smarter way.A recent study by Credence Research reveals that AI-powered predictive maintenance is revolutionizing the data centre landscape in India.
The rise of second-hand shopping
A study found that 72 per cent of Australians purchased a second-hand item in the past year, with many preferring thrift stores and online platforms like Depop.One of the main drivers is consumers awareness of the environmental impact of their purchasing decisions, particularly in the fashion industry.According to Credence Research, the second-hand clothing market in Australia is experiencing significant growth, valued at USD $578.10 million with projections to reach USD $1598.37 million by 2032.
Australia’s immigration policy has suddenly changed, and the number of international students has plummeted! Australia is facing massive layoffs! Is there $10 billion in unclaimed assets in Australia?
Lauren, an Australian entrepreneur who has worked in Seoul for over a decade and owns the Korean cosmetics brand Jelly Ko, describes the industry as “rapidly rising.” In the early 2010s, the United States was one of the first Western countries to embrace the K-beauty craze. Last year, South Korean cosmetics exports to the US surpassed France for the first time.
Plant-based cheese, but more like cheese
Marangoni counts the research as a major success for learning and product development, but his high-protein plant-based cheese is far from being in the nearest grocery store.Protein isolates are gaining traction. Canada’s pea proteins market was worth an estimated US$75 million as of 2024, according to a sector analysis from Credence Research. That analysis expects the market to grow to almost US$180 million by 2032.
Retro drinks are making a cool comeback this summer
Diner staples, such as the chocolate milkshake, are also becoming popular again with gourmet additions. Gourmet versions feature high-quality ice cream, decadent chocolate syrups and playful toppings. Fresh squeezed, homemade lemonade is also gaining popularity as people appreciate the simplicity and health benefits it provides. According to Credence Research, “the global market for lemonade drinks is expanding largely because of growing public awareness of the negative health impacts of chemically flavored beverages.”
BeyondSquare raises $4 mn from Avant to expand financial reporting services
BeyondSquare will use the investment to strengthen FinAlyzer’s capabilities by “expanding automation, deepening compliance intelligence, and enhancing scalability for enterprises with complex reporting structures”. The company aims to extend its footprint in West Asia, Europe, and Southeast Asia, while building leadership and technical talent. According to Credence Research, the global financial consolidation software segment is projected to double from $3.2 billion in 2024 to $6.4 billion by 2032, at a compound annual growth rate of around 11-11.4 per cent.
Israel’s TopGum delivers latest functional iron-enhanced gummies
Rising demand is driving market growth According to Credence Research, worldwide consumption of iron supplements is expected to witness substantial growth. By 2028, the global market is projected to reach USD 518.7 million, a CAGR of 3.8% from 2021. The increase in flexitarian diets may also be driving the rise in iron supplementation.
GCC Nations Expand Their Medical Tourism Offerings with World-Class Treatment Options and Healthcare Investments: What You Need To Know
The Gulf Cooperation Council (GCC) countries are becoming global leader in healthcare services due to the significant growth of their medical tourism markets. Large investments in healthcare infrastructure, qualified personnel, and globally recognised facilities underpin this quick expansion, laying the groundwork for the market’s robust growth at a compound annual growth rate (CAGR) of 10.26 percent. According to Credence Research, the market is anticipated to grow from USD 367.41 million in 2024 to USD 889.97 million by 2032.
Texas Joins Georgia, Mississippi, Ohio, California, Louisiana in a Jaw-Dropping Music Tourism Frenzy That Every Traveller Needs to Experience in the United States
Market projections indicate a robust growth trajectory. According to Grand View Research, U.S. music tourism is projected to reach US$ 100.15 billion by 2033, while Credence Research anticipates even higher growth, estimating US$ 131.6 billion by 2032. These figures underscore the sector’s strategic importance within the broader travel and tourism industry.
How Mexico is Set to Join France, Spain, US, and Turkey, Beating
Italy in Tourism Rankings Within the Next Five Years: New Update
Additionally, new eco-friendly destinations are being developed in places like Nayarit and Baja California Sur, where investments are being made in local infrastructure and conservation projects.Mexico’s commitment to sustainable tourism is paying off. According to Credence Research, the country’s sustainable tourism industry could generate $74.8 billion by 2032.
Mexico Targets Top 5 Global Tourism Rank by 2030 with a 40% Growth Plan
As traveler preferences shift towards more sustainable options, airlines are also responding to the demand for environmentally responsible travel. A Credence Research report indicates that nearly 70% of travelers are willing to pay more for flights with lower carbon footprints. This trend could benefit Mexican low-cost carriers, Volaris and Viva, which are ranked fourth and 11th globally for carbon efficiency, according to a Cirium study. As sustainability becomes a key consideration for travelers, airlines that prioritize environmental efficiency are well-positioned to attract more eco-conscious passengers.
AI pushes Vietnam to become a data center investment destination
Vietnam is emerging as a new destination attracting large-scale data center investors. According to experts at the Innovation Conference 2025 organized by Schneider in Hanoi, the explosion of artificial intelligence (AI) is creating unprecedented opportunities for this market in Vietnam.Over the years, Singapore has occupied the number one spot in Southeast Asia in terms of data centers. However, this market has run out of ground and energy fund.
Imported meats: International market growth factors, barriers
Globally, the ethnic foods market is steadily growing, due to increasing consumer interest in diverse culinary experiences and cultural authenticity, according to a report from Credence Research Inc., based in Pune, India. In the report, the market was valued at USD 107.9 Billion in 2023 and is projected to reach USD 200.9 Billion by 2032, reflecting a CAGR of 7.06%.
AI Toys: Are They a Game Changer?
Companies like Curio are positioning alternatives to tablets, with off-screen characters. According to a report by QY Research (Market Research Report Publisher), the AI toy market is a gold mine : last year it represented a $224 million market and is expected to reach $446 million by 2031 .Another broader estimate puts the smart toys segment at over $2.224 billion , growing to $6.446 billion by 2032 ( Credence Research Inc. ).
Sports hospitality trends: global market value to reach $74.32 billion by 2036
The global sports hospitality market is on a sharp growth trajectory, according to a new report published by Credence Research. Valued at US$8.35 billion in 2018, the market expanded to US$15.23 billion in 2024 and is projected to reach US$74.32 billion by 2036, registering a compound annual growth rate (CAGR) of 14.12%.
Ecommerce and the Secondhand Boom
The online market for secondhand apparel should grow 13% annually in the U.S. through 2029, reaching $40 billion, according to a study from ThredUp, the resale platform. Other sources, including Credence Research, have released similar growth estimates.
Press Conference on the Spin-off Merger
Industrial autonomous work equipment market anticipates robust growth,
driven by labor shortages and rising labor costs
Global toy market to reach $446b by 2032
The global toy market is projected to grow from $316.14b in 2024 to $445.97b by 2032, with a CAGR of 4.33%, according to a report by Credence Research Inc. Growth is being fuelled by rising demand for educational toys, digital features, and online retail access.The report said that parents are increasingly buying STEM-focused toys that support learning and development.
[Power e-Stock] Hyrock Korea Expected to Benefit from Marine Plant Market Growth… Will Stock Price Continue to Rise?
Global Market Insights (GM Insights) predicted that the FPSO market will grow at an average annual rate of 8% from $22.8 billion in 2025 to $33.3 billion in 2030, driven by active investment in Brazil,” and “Credence Research predicted that the size of the FLNG (Floating Liquefied Natural Gas) market, centered on the African region, will grow at an average annual rate of 13% from $27.4 billion in 2025 to $51.6 billion in 2030.
Fairdeal.Market Nets $3 Mn To Power Offline Distribution For D2C Players
Artificial intelligence has enabled retail intelligence platforms to innovate faster by driving advanced problem-solving, strengthening delivery systems and broadening technological capabilities. Investors see the retail intelligence space as a promising market to place their bets.
Informa Markets Announces Landmark Move: ProPak Asia 2026 to Relocate to IMPACT Muang Thong Thani
Bangkok [Thailand], June 24: Sanchai Noombunnam, Country General Manager of Informa Markets Thailand, highlighted Thailand’s growing role and opportunities in the global food and beverage industry. According to Credence Research, a global market research and consulting firm, the value of the global food and beverage market is projected to grow from USD 6.2 trillion in 2024 to nearly USD 9.8 trillion by 2032. Key driving forces include shifting consumer behaviors, increasing demand for convenience and ready-to-eat foods, and a rising focus on health.
Greying India fuels adult diaper market boom, homegrown Friends leads the way
The adult diaper category is growing at 15 percent, double the baby diaper segment, and is anticipated to reach $1.2 billion by 2032, according to market intelligence firm Credence Research.
Partial Discharge Monitoring and Risk Reduction for Ageing Grids
By detecting and taking action to address potential problems before they occur, grid reliability is improved. In addition, by acting early the cost impact of any emerging problems is mitigated. For an ageing asset base where reliability is already likely to be affected, advanced grid-enhancing technologies like partial discharge monitoring coupled with AI analytics are tools that serve a multitude of important functions. Indeed, a recent Credence Research report on the Middle East Grid Modernization Market found that the market is anticipated to reach $2.6 billion by 2032, at a CAGR of nearly 15%.
Want to own a rare Lambo or Ferrari? Miami company selling shares of them
The start-up comes as the collector car market faces challenges, but is growing as young affluent buyers see them as investments. The U.S. Classic Cars Market size was valued at $12.6 billion in 2024 and is estimated to reach $26 billion by 2032, according to Credence Research. From 2025 to 2032, cumulative annual growth is expected to hit 8.8%, says Ganesh Chandwade, the Credence analyst who wrote the report.
Vietnam Elevator Expo 2025 to showcase global innovation
The event will feature 150 booths and attract over 15,000 professional visitors, reflecting a nearly 30 per cent growth from last year’s edition, which hosted 100 companies and 14,000 visitors. It continues to strengthen supply chain links, promote technology, and boost Việt Nam’s global competitiveness in the elevator industry. According to a 2024 report by Credence Research, the market was valued at US$443.52 million and is projected to reach nearly $800 million by 2032, with a compound annual growth rate (CAGR) of 7.65 per cent, one of the highest in Southeast Asia.
Where the mind is without baggage: Experiencing freedom as an Indian traveller
The India outbound tourism market is expected to hit $43.9 million by 2032, with wellness travel emerging as a key driver (Credence Research). Yoga in Ubud, forest bathing in the Alps, and Ayurvedic healing in Sri Lanka; Indian travellers are asking for more and unique ways to reconnect and rebuild.
Game Selleck Guide
Today, many people are thinking about what they should play in the midst of so many games. People who like games, as well as those who have just entered, often feel the burden of the game selection itself.The reason is clear. The reality is that games are time-consuming and, in some cases, cost a lot less, so it’s hard to get started with any game. Also, since so many games are released every day, there are so many options that there is an irony that the choice becomes more difficult.
Seasonal delivery – The time of respiratory disease outbreak and health care options from herbs
In Vietnam, the health food market, health support is made from fast-growing herbs. According to a study, in 2023, the market size using herbal support products reached about 26.3 million USD, expected to hit 40.68 million USD by 2030, expected with a double growth rate of 6.43% from 2023-2030.According to the report of Credence Research, the total health food market in Vietnam in 2022 reached 600 million USD, and is expected to grow 18% from 2024 to 2030.
Music Tourism Hits a High Note with Rapid Growth
Around the world, there is rising demand for live music experiences, festivals, and destination-based events that combine travel with entertainment.In 2024, the global Music Tourism Market was valued at US$102 billion and is projected to grow at a compound annual growth rate of 18.6% over the forecast period, reaching approximately US$400.5 billion by 2032.
Glastonbury and Coachella set the stage for $400bn music tourism growth
The global music tourism market is expected to reach US$400.5 billion by 2032 thanks to the surge in demand for major festivals such as Coachella and Glastonbury.New figures suggest the market, currently valued at US$102 billion in 2024, will expand by 18.6 per cent annually over the next seven years.Growth is being fuelled by large-scale events such as Coachella in California, Glastonbury in the UK and Tomorrowland in Belgium, which attract millions of international visitors and create significant demand for travel and hospitality services.
Dubai is a regional hub for the smart retail sector
Vijay Valica, Chief Investment Officer at Century Financial, said: “The UAE’s retail AI market is entering a remarkable expansion phase, reflecting the country’s strong digital architecture, subsidized government initiatives, and rapidly changing consumer behavior. The market volume reached $16.82 million in 2023, while it is expected to reach $157.86 million by 2032, with a CAGR of 28.21%, according to research platform data. This momentum is driven by major cities such as Dubai and Abu Dhabi, which are developing into regional hubs for the adoption of artificial intelligence in retail. Dubai is particularly at the forefront of delivering personalized experiences and improving processes using artificial intelligence
K-Beautyland Presents a More Immersive Korean Skincare Shopping Experience in Jakarta!
The popularity of K-Beauty in Indonesia is inseparable from the influence of the Korean Wave that has been going on since 2002. These cultural waves have changed cultural, physical, and economic orientation, making K-Beauty a much-pelled beauty standard, such as glowing and healthy skin.According to the Credence Research report, the market value of K-Beauty products in Indonesia is predicted to increase almost double, from USD 86.29 million in 2023 to USD 162.95 million in 2032. The ZAP Beauty Index survey also showed that 57.6% of Indonesian women prefer Korean skincare shopping trends over other brands.
Music tourism tipped to reach $400.5bn by 2032
The music tourism market is on target to reach US$400.5 billion (€342.2bn) by 2032 as territories step up their efforts to capitalise on the trend.According to a new report by Credence Research, the global market was valued at $102bn last year and is projected to grow at a compound annual growth rate (CAGR) of 18.6% over the forecast period.
Goa casinos warn jobs & investment to freeze under 40% GST
The significance of Goa’s casino sector extends far beyond its borders. Corporate lawyer Divya Sharma, citing Credence Research, highlighted that Goa accounts for about 65 percent of India’s casino tourism market. The report projects that India’s casino tourism market will grow from $2,139.8 million in 2024 to $4,340.72 million by 2032, at a compound annual growth rate of 8.15 percent.
From Rust to Riches: Classic Cars Are Gaining Serious Speed
Classic cars are having more than just a moment — they’re gaining real momentum. According to a new report from Credence Research, the global market for vintage and heritage vehicles is expected to nearly double in value, going from $39.7 billion in 2024 to $77.8 billion by 2032.
Foundry Market Set to Grow as AI and Advanced Packaging Drive Demand
The global foundry industry is on a steady growth path, projected to expand from $125.56 billion in 2023 to $171.70 billion by 2032, according to a new report from Credence Research. The firm indicates that a 3.99% compound annual growth rate (CAGR) underscores the increasing demand for precision metal casting and semiconductor fabrication across key sectors such as automotive, aerospace, and industrial machinery.
Crème de la crème: Coppa Cocktails
The release taps into consumer trends such as a growing interest in convenience, flavour experimentation and cream liqueurs. According to data from Credence Research for 2024, cream liqueurs are projected to grow at an annual rate of nearly 10% through to 2032, eventually exceeding a value of US$6.5 billion. Additionally, flavour experimentation has been identified by IWSR as one of the strongest motivators behind consumer purchases.
Diwali’s billion-dollar mithai boom goes global
In the UK, Diwali has broken out of the diaspora to become a national event, lighting up Leicester, Birmingham and London with fireworks, markets and street food. Credence Research values the UK’s ethnic-food sector at almost $9.5 billion, rising more than 7% annually, while the wider confectionery category – now worth about $17 billion – continues to expand at roughly 5% a year. For Indian sweet brands, that’s a growing window of opportunity.
What is EVN doing to address the “energy thirst” of artificial intelligence and data centers?
AI data centers consume huge amounts of electricity, from hundreds of MW to gigawatts, many times more than traditional data centers. This requires a long-term energy strategy that focuses not only on supplying sufficient electricity, but also on ensuring clean and stable energy.According to the report “Vietnam Artificial Intelligence Market Size & Forecast 2032” by Credence Research, artificial intelligence could contribute more than US$130 billion to the Vietnamese economy by 2040.
Global Tire Market to Reach $462.9B by 2032
The global tire market continues to expand, supported by increased vehicle production, infrastructure development, and evolving consumer preferences. Valued at $329.5 billion in 2024, the market is projected to reach $462.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.34%, according to Credence Research. The growth reflects the industry’s adaptability to shifts in automotive trends, such as the rise of electric vehicles (EVs), greater focus on fuel efficiency and heightened safety standards. The market includes segments like passenger vehicle tires, commercial vehicle tires, and specialty tires for off-road and industrial applications.
Global wellness food market to double by 2032, fueling functional vending growth
The K-beauty phenomenon is still in demand in Indonesia. According to the Credence Research report, the market value of K-beauty products in Indonesia is predicted to be almost doubled from USD 86.29 million (approximately Rp 1,414 trillion) in 2023 to USD 162.95 million (approximately Rp 2,673 trillion) in 2032.
Holidays to ‘Korea’ at K-BeautyLand Beauty Exhibition, Central Park Mall
In the UK, Diwali has broken out of the diaspora to become a national event, lighting up Leicester, Birmingham and London with fireworks, markets and street food. Credence Research values the UK’s ethnic-food sector at almost $9.5 billion, rising more than 7% annually, while the wider confectionery category – now worth about $17 billion – continues to expand at roughly 5% a year. For Indian sweet brands, that’s a growing window of opportunity.
Dietary fibre gummy market projected for significant global growth
According to analysis from Credence Research, the anticipated 11.2% CAGR rate rise within the segment is primarily being driven by health concerns, along with consumer preferences for convenient health supplement formats.
Data center robotics market set to ‘double by 2032’, says report
A new market analysis from Credence Research predicts that the global “data center robotics” market will roughly double in size from an estimated $18.5 billion in 2024 to around $37.41 billion by 2032, growing at a compound annual rate of about 9.2 percent.What exactly is meant by “data center robotics”? According to the report, the term covers robotic systems deployed within large data centre facilities to assist with tasks such as hardware maintenance, transport of parts and components, inspection and monitoring of equipment, and other operational support functions.
Probiotic demand grows across U.S. retail
PUNE, India — The probiotics market continues to expand in the United States as consumers turn to functional foods and supplements to support digestion, immunity, and overall health. A new report, “Probiotic Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025-2032,” from Credence Research emphasizes how increasing scientific validation and greater availability are propelling the global probiotic market toward an estimated $280.37 billion valuation by 2032, up from $99.3 billion in 2024.
Henry Orejuela: Securing Connectivity in Contested Battlespaces
Low Earth orbit (LEO) constellations – once designed primarily for commercial use – are now drawing defense attention. Their shorter signal paths reduce latency, while their proliferation provides redundancy. Governments and defense agencies worldwide are investing in this new wave of satellite infrastructure to ensure connectivity in environments where terrestrial or traditional RF systems can be unreliable.According to Credence Research, the combined commercial and military satellite communications market is projected to grow from $66.8 billion in 2024 to $167.8 billion by 2032, reflecting both heightened demand and heightened risk.
Pros and cons of oat milk: what are the benefits?
Oat milk is the bestselling plant-based milk alternative in the UK, and also in European markets including Germany, Sweden and Finland, where it has become the go-to for a vegan cappuccino or creamy dairy-free porridge.In the US, oat milk is second only to almond milk in popularity, and it is slowly gaining ground in emerging markets in Latin America and East Asia, capitalising on “urbanisation, changing dietary habits, and increasing disposable incomes”, according to market-research platform Credence Research.
Novel use of Enterobactin to treat iron deficiency and related anemia
According to Credence Research (credenceresearch.com/press/global-iron-supplements-market), the global iron supplement market was over $3 billion in 2015 and expected to reach $6.35 billion by 2025. Ent will not be used to replace iron supplementation. Rather, Ent supplementation is expected to dramatically increase the efficiency of iron uptake, which should drastically reduce the effective dosage of iron supplementation and the acompanying side effects. Therefore, Ent supplementation is potentially an important medical treatment needed for the vast majority of the patients who take iron supplement to treat the disorder, which points to a huge potential market.
Gemstones market to grow at 6.3% CAGR: Credence Research
The gemstones market is expected to expand at a compound annual growth rate (CAGR) of 6.30% to reach $ 101.01 billion by 2032, the forecast period, according to new market intelligence by Credence Research.The industry has witnessed transformative changes in recent years, with sustainability concerns, transparency initiatives, and the emergence of lab-grown alternatives reshaping traditional market dynamics.
India’s AI boom comes with a power bill
As of mid-2025, India’s renewable power output is growing at its fastest pace in three years. If India powers its AI revolution with clean electricity, it could become the world’s first low-carbon AI hub. Green data centres — designed with renewable energy sources, high-efficiency cooling and waste-heat recovery — already represent a $1.6 billion industry in India and are projected to reach $7.6 billion by 2032, according to Credence Research. The state of Tamil Nadu has become a key location for such projects, combining proximity to solar power parks and undersea cable networks. Maharashtra, Telangana and Gujarat are also investing heavily in green data infrastructure. India’s biggest advantage may be timing. Western nations built their AI infrastructure in the fossil era; India can build in the renewable era. It’s the same leapfrog pattern seen in mobile payments and solar adoption.
The Rise of Robots: Balancing Economic Efficiency and Employment Concerns
The in-house developed robot, capable of reaching speeds up to 20 mph, is intended to cut down on traffic congestion and emissions while aiding local businesses. Benita Bratton, owner of Gram’s BBQ, described the innovation as a “game changer,” noting its potential to increase revenue for small businesses.The financial rationale for robotics extends into data centers, where automation is expected to expand at a compound annual growth rate of 9.2%, reaching $37.41 billion by 2032,
Credence Research projects
Boiko Yaroslav: how a Ukrainian entrepreneur turned an abandoned lake into a thriving business—now preparing to enter the U.S. market
According to Credence Research, the global ecotourism market stood at about $337 billion in 2024 and, at a ~14.2% CAGR, could reach ~$975 billion by 2032. Boiko is aligned with that trend, making environmental sustainability the centerpiece.Instead of clearing trees and pouring concrete, he chose the opposite approach—integrating the complex into the existing ecosystem. In the first months, several truckloads of household and construction debris were removed; 11 fish species were introduced to the lake; and rare birds and animals—including the Eurasian otter, badger, black stork, merlin, and eagle owl—returned to the area. With habitat protection and careful stewardship, they have begun to reproduce locally.
Global yoga apparel market to hit $65.6bn by 2032
The global yoga clothing market will reach US$65.66 billion by 2032, growing at 8.23% CAGR, driven by healthier lifestyles and athleisure trends, according to Credence Research.
Más que sol y playa, se busca la conexión y autenticidad
La empresa especializada en estudios de mercado, Credence Research, encontró que el segmento de turismo sostenible en el país generó 48.7 millones de dólares en 2024 y calcula que atraiga 74.8 millones para 2032, lo que mostrará la expansión de un segmento sin playas.
Fitness market on the rise: why health has become new symbol of social status
A recent projection by global consultancy Credence Research, which specializes in consumption and retail, indicates that the Brazilian fitness market is expected to grow by about 9.5% per year by 2030. The advance is driven by the increasing appreciation of health and well-being as part of the lifestyle of the population.
The 1 AI Trend That Will Create Thousands of Millionaires in Less Than 10 Years
This is just anecdotal evidence of a much bigger paradigm shift in how the next generation of AI data centers will be built, of course. Credence Research expects the AI-specific ASIC market to grow at an average annualized pace of nearly 19% through 2032.
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This is just a taste of what’s likely to come, however. An outlook from Credence Research suggests the worldwide artificial intelligence ASIC market is poised to grow at an average annualized pace of nearly 19% through 2032, jibing with Wang’s growth expectation for the interconnect technology that unites all of these custom-made processors into a unified computing platform.
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Alphabet’s Google, for instance, has chosen Broadcom to co-develop its ASIC Tensor processing units that AI newcomer Anthropic will use to train its AI platform. Credence Research believes the ASIC chip market for AI is set to grow at an average annual pace of nearly 19% through 2032.
Down 25% in 2021, Is Compass Pathways Undervalued?
Let’s take a look at a quick calculation to get an idea for the share prices that a future COMP360 approval for TRD might support. Per a report by Credence Research, the global market for TRD therapies will be worth $1.39 billion by 2027.
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Vintage Grocery Items Making A Comeback Thanks To Inflation
Canned pasta — such as SpaghettiOs or little tins of ravioli — might seem like a thing of the past. But, between 2018 and 2024, the canned pasta market grew by about $2 million dollars annually (via Credence Research). This is likely down to inflation and people going for cheap, familiar comfort foods.
Novo Holdings sharpens India focus with bigger bets on niche hospitals
The segment is projected to reach $40.14 billion by 2032 from $16.2 billion in 2024, driven by rising health awareness and chronic disease prevalence, according to Credence Research.
Novo Looks To Bet Bigger On India, To Back Single-Specialty Hospitals
The segment is projected to reach $40.14 billion by 2032 from $16.2 billion in 2024, driven by rising health awareness and chronic disease prevalence, according to Credence Research.
Related Report: India Single Specialty Hospital Market By Ownership Segment (Public, Private, Public-Private Partnership (PPP)); By Specialty Type (Eye Care / Ophthalmology Hospitals, Mother & Child, Maternity Hospitals, Fertility & IVF Centers, Urology & Nephrology Hospitals, Oncology Hospitals, Orthopedic & Joint Replacement Hospitals, Dental Hospitals, Dermatology & Cosmetology Hospitals, ENT Hospitals, Other Single-Specialty Hospitals); By Bed Capacity (Up to 50 Beds, 51–100 Beds, 101–200 Beds, Above 200 Beds); By Type of Services (In-patient Services, Out-patient Services, Day-care, Short-stay Procedures, Diagnostic & Preventive Care Services) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Italy ready to overtake China: 5-star luxury grows at record pace
According to Credence Research, the global luxury market was worth US$2.3 billion in 2024 and could reach 2.9 billion by 2032, with an annual rate of 3.62 percent. The trend is driven by rising incomes and the expansion of upper-class customers, especially from India, China, the Emirates, South America, Russia and Turkey.
Why this CEO left private equity to run a beauty retailer
It’s noticeably compact: 126 of the 300 products stocked by Adore online are on display, including a large display of fragrances, and a dedicated K-Beauty section – a key growth product for the brand, projected to be worth an estimated US$213 million in Australia by 2032, according to Credence Research.
Global electronic sensor market set to surpass $41 billion by 2032
Curious where the global electronic sensor market is heading? New data from Credence Research projects the value of the sensor market will reach $41.2 billion by 2032. The market, valued at $23.7 billion in 2024, is expected to maintain steady growth between 2025 and 2032, fueled by rapid digitalization and the pervasive integration of sensors across industries.
Global sensor market for more than $41 billion in 2032
Wondering where the global electronic sensor market is going? New data from Credence Research predicts that the value of the sensor market will reach US$41.2 billion by 2032. The market, valued at US$23.7 billion in 2024, is expected to maintain steady growth between 2025 and 2032, fueled by rapid digitization and the ubiquitous integration of sensors across all industries.
Decentralized microgrid solutions market set to hit $17.16 billion by 2032
The global market for decentralized microgrid solutions is entering a period of accelerated growth, according to new data from Credence Research. The sector, valued at $2.77 billion in 2018 and $5.71 billion in 2024, is projected to surge to $17.16 billion by 2032, the report indicates. As industries worldwide confront reliability challenges, rising energy costs, and decarbonization pressures, microgrids are fast becoming a strategic element of modern power infrastructure.
Global classic car market grows 8.7% by 2028
The global classic car market is in full expansion, reflecting the growing interest of collectors and investors. According to Credence Research estimates, the sector is expected to register compound annual growth (CAGR) of 8.7% by 2028, reaching a value of US$51.3 billion. This increase is driven by the cultural and nostalgic appreciation of these vehicles, in addition to their investment potential.
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The future of consultancies With the increasing globalization and the increase of international mobility, the demand for suitable consultancies is expected to continue to rise. According to Credence Research, the global migratory services market is expected to double by 2032, surpassing US$34 billion.
Waaree Energies Launches 350KW MANAV Inverter to Support Large-Scale Solar Projects in India
India’s solar inverter market is expanding rapidly — projected to reach $950.3mn by 2032 with a compound annual growth rate of about 7.9%, according to a Credence Research report.As there is already a strong push for local manufacturing and supply‑chain security, driven by the “Make in India” agenda and import‑duties/PLI incentives, smart, hybrid inverters (with battery‑ready, IoT/AI features) are increasingly required to handle variable solar or wind output and grid stability.
Novo sharpens India focus with bigger bets on niche hospitals
The segment is projected to reach $40.14 billion by 2032 from $16.2 billion in 2 2024, driven by rising health awareness and chronic disease prevalence, according to Credence Research.
The 1 AI Trend That Will Create Thousands of Millionaires in Less Than 10 Years
This is just anecdotal evidence of a much bigger paradigm shift in how the next generation of AI data centers will be built, of course. Credence Research expects the AI-specific ASIC market to grow at an average annualized pace of nearly 19% through 2032.
Petrochemicals as the new center of global demand
Traditional areas of consumption – transport, energy and fuel production – have reached the limits of intensive growth, while petrochemicals continue to generate demand through the production of polymers, synthetic materials and fertilizers. Credence Research analysts estimate that by 2032 the global petrochemical market will increase by 54% and approach the level of 956 billion dollars.
Investing in this collectible market can bring big rewards
The collection market has grown significantly over the past few years and it has not only raised your net worth, the total value of which has risen from $298.63 billion in 2018 to $394.51 billion in 2024, according to Credence Research. This growth is expected to continue until 2032 and, most likely, even further. However, within the collector market, there are several niches that can provide investors with opportunities to implement large profits. And while art and antiques ranked the top share of revenue from collecting in 2023, more than 33%, according to Grand View Research, collecting rare coins can also offer a unique opportunity to protect and even increase your wealth.
Golden Okada Manila, the end of the year large ‘Christmas carnival’
According to global market research institute Credence Research (2022), the market for resorts and entertainment complexes in the Asia-Pacific region is estimated to be between US$100 billion and US$15 billion, and it is expected to continue to grow at an average annual rate of around 7% in the coming years.
Okada Manila to host the end-of-year celebration of the large-scale festival ‘Christmas Carnival’
According to global market research firm Credence Research (2020), the market for resorts and entertainment complexes in the Asia-Pacific region is estimated to be between US$100 billion and US$1.5 billion, and will continue to grow at an average annual rate of around 7% in the coming years. In this trend, Okada Manila has become the center of the Philippine complex resort industry and is attracting attention as an integrated resort model that encompasses tourism, culture, and business functions.
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Data center construction: Wooden modules reduce CO2 emissions and construction time
According to a study by Credence Research, the German market for sustainable data centers will grow to around 12 billion US dollars by 2032 – with an average annual growth rate of just under 20 percent. This trend is also evident throughout Europe: ResearchAndMarkets forecasts an increase in market volume from 8.88 to 16.89 billion US dollars for the same period. The drivers of this development include legal requirements such as the German Energy Efficiency Act, rising operating costs and a growing awareness of sustainability.
Related Report:Germany Green Data Center Market By Component (Solution [Monitoring and Management System, Cooling System, Networking System, Power System, Others], Services [Installation & Deployment, Consulting, Support & Maintenance]); By Data Center Type (Large Enterprises, Small & Medium Enterprises [SMEs]); By End User (Healthcare, Financial Services, Government, Telecom & IT, Other) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Marketing to young Muslims: how brands are waking up to this change-making consumer group
The Halal cosmetics market is forecast to be worth $58.4bn by 2025, and it is younger Muslim consumers driving this growth, according to new research published by Credence.
Vietnam needs to be ready for the ‘destiny’ position of the global data center
AI is creeping into every technology, becoming an integral part of all technologies. That wave spread strongly to Vietnam and other countries in the region, opening up unprecedented opportunities. Across ASEAN, AI is expected to contribute 10 to 18 percent to total GDP growth, or about $1 trillion by 2030.In Vietnam, according to Credence Research’s “Vietnam Artificial Intelligence Market Size & Forecast 2032,” the AI market will grow by an average of 15.8% per year, reaching a size of $1.52 billion by 2030, possibly even contributing up to $130 billion to Vietnam’s economy by 2040.
The Toy Startups Getting Funded This Year: Talking Dinosaurs, Sticker Cubes And Tin Can Phones
It’s no surprise that artificial intelligence has made its way into the toy industry, as it is infiltrating seemingly every industry in one way or another. While there’s still plenty of debate about the potential risks and drawbacks of AI technologies aimed at children, the AI toys market is projected to nearly triple to $6.4 billion by 2032, up from $2.2 billion in 2024, according to a recent report from Credence Research.
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Hydraulic Fittings Manufacturers and Suppliers in the USA – A Thomas Industry Overview
Hydraulic fittings are the connectors—adapters, couplings, and tube/hose ends—that create reliable, leak-tight paths for high-pressure fluid in mobile and industrial equipment. They come in threaded, flared, flareless, and quick-disconnect designs and are typically made from carbon steel, stainless steel, or brass. Globally, the closest like-for-like category tracked at scale is hydraulic fluid connectors (covering hose, tube, and quick couplings): this market was about $17.56 billion in 2024, with multi-year growth expected on the back of construction, energy, and manufacturing demand.1
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The market of electronic sensors is growing permanently and quickly: it is already worth billions
According to the new data of Credence Research, the value of the electronic sensor market will reach 41.2 billion dollars by 2032 (nearly 13,800 billion forints). The market was worth USD 23.7 billion (HUF 7,900 billion) in 2024 and shows steady growth until 2025-2032.
Mexico has unusual tourism and is already the second most visited country: cheap medical tourism
The advancement of the sector is not only evident in the flow of patients, but in their projected growth. According to a study by Credence Research, the Mexican medical tourism market reached a value of 431.74 million dollars in 2024 and is expected to rise to 1.153 million dollars by 2032, with a CAGR of 13.06%. This growth is driven by:
Mexico is a leader in medical tourism in Latin America and the second globally
The flow of patients has been accompanied by a solid economic performance. A study by Credence Research estimates that the medical tourism market in Mexico reached a value of more than 431 million dollars during 2024, a figure that could scale significantly in the coming years.
Fitness trend: why health has become the new social status
According to Credence Research, the sector is expected to grow by 9.5% per year by 2030. And this says a lot about the way the Brazilian came to see health: as a lifestyle, as a self-esteem and, for many, even as a new type of status.
Related Report:Brazil Fitness Market By Gym and Health Clubs (Commercial Gyms, Boutique Gyms, Chain Gyms, Independent Gyms); By Fitness Classes and Studios (Yoga and Pilates Studios, CrossFit Boxes, Dance Studios, Martial Arts Studios, Functional Training Studios); By Outdoor Fitness and Bootcamps (Bootcamps, Parkour and Calisthenics, Trail Running and Hiking Clubs); By Geography – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Edge Computing Market to Hit USD 249,139 Million by 2032 with 36.61 Percent CAGR
A new report from Credence Research points to what feels like a major shift in how data is handled around the world. The global Edge Computing market, valued at USD 20,643.37 million in 2024, is expected to reach USD 249,139.02 million by 2032. That projection reflects a compound annual growth rate of 36.61 percent during the forecast period. It suggests that many businesses are gradually moving away from depending solely on centralized cloud servers. Instead, they are leaning toward processing data closer to where it is created, whether that’s on a factory floor or inside a smart vehicle that needs to react in real time.
Mexico, second world destination for medical tourism for its low costs and high specialty
Growth is not only reflected in the number of patients, but in their economic projection. A study by Credence Research estimates that the Mexican medical tourism market, valued at 431.74 million dollars in 2024, could amount to 1.153 million dollars in 2032, with an annual growth rate of 13%.
Credence Research estimates 12.7% CAGR in GIS market by 2024
According to a new market research report published by Credence Research, the global geographic information systems (GIS) market stood at $8.4 billion in 2015 and is estimated to expand with a CAGR of 12.7% from 2016 to 2024.
Is Thrifting a Sustainable Fashion Choice or a Hidden Health Risk?
As per Credence Research the second-hand apparel market in India was valued at $3,003.65 million in 2023 and expected to grow at a CAGR of 13.04 per cent from 2024 to 2032. This suggests the market could reach $9,111.35 million by 2032. A survey conducted in 2023 further revealed that over 20,000 consumers in India have started to consider the environmental impact of their purchases. a sign of changing consumer priorities.
The global electronic sensor market will reach $41.2 billion by 2032, with the Asia-Pacific region leading with a 48% share.
According to the latest data from Credence Research, the global electronic sensor market is expected to reach $41.2 billion by 2032. Valuation of $23.7 billion in 2024, the market is expected to maintain steady growth between 2025 and 2032, with a CAGR of 6.65% over the forecast period.
Microgrids Set for $17 Billion Boom as Central Grids Fail
The global energy landscape is undergoing a decisive structural shift, moving away from the century-old model of centralized utility dependence toward localized, autonomous power networks. According to a new industry report by Credence Research, the global market for decentralized microgrid solutions is projected to nearly triple in value over the next decade, reaching $17.16 billion by 2032.