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Showing posts from April, 2024

Artificial Intelligence In Banking Market Size To Reach $143.56Bn By 2030

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  Artificial Intelligence In Banking Market Growth & Trends The global  artificial intelligence in banking market  size is expected to reach USD 143.56 billion by 2030, growing at a CAGR of 31.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. AI's integration in banking offers personalized financial guidance, customized product suggestions, and customized services based on individual behaviors and preferences. By analyzing extensive data sets, AI enables banks to understand customers on a deeper level, enhancing the overall experience. This technology optimizes risk assessment, drives operational efficiency, strengthens security measures against fraud, and empowers data-driven decision-making, ultimately propelling the banking market forward through improved customer satisfaction, cost savings, and innovative service offerings. Technological advancements serve as the engine propelling the banking market into new frontiers. Innovations such as arti

Automotive Adhesive Tapes Market To Reach $5.46 Billion By 2030

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  Automotive Adhesive Tapes Market Growth & Trends The global  automotive adhesive tapes market  size is expected to reach USD 5.46 billion by 2030, registering a CAGR of 6.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing usage of advanced functional materials to improve aesthetics, reduce weight and enhance the performance of the vehicles is expected to drive the market. There has been a positive outlook in the automotive sector across the developed markets such as the U.S. to developing markets such as India. Technological developments and performance enhancements in vehicles have led to the installation of specialized components, which is expected to have a positive impact on the automotive tapes market. The market is witnessing switching trends with growing popularity and demand for electric vehicles. Prominent vehicle manufacturers are aiming to comply with environmental standards and emission norms by reducing vehicle pollutants at a

Smart Mirror Market Size To Reach $1,012.6 Million By 2030

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  Smart Mirror Market Growth & Trends The global  smart mirror market  size was estimated to reach USD 1,012.6 million in 2030 and is anticipated to expand at a CAGR of 8.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for smart home devices is having a significant impact on the smart mirror market. Smart mirrors have become highly sought-after due to their ability to seamlessly integrate with various smart devices and systems within a smart home ecosystem. These mirrors serve as convenient control centers, delivering notifications, presenting information, and facilitating connectivity with other smart devices, making them an appealing addition to modern smart homes. The wall mounted smart mirror dominated the market by holding a major share in 2022. Smart mirrors are high in cost and due to their higher cost in comparison to regular mirrors, consumers are exercising caution and gravitating towards wall-mounted smart mirrors. T

Transportation Analytics Market To Reach $43.0 Billion By 2030 | CAGR: 21.6%

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  Transportation Analytics Market Trends & Growth The global  Transportation Analytics Market  size is expected to reach USD 43.0 billion by 2030, registering at a CAGR of 21.6% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Increasing expenditure of governments in transportation sector across the world and the growth of smart cities vis-à-vis urbanization are the major driving forces fostering the market growth. Moreover, consumerization of big data, advancements in analytics technology owing to artificial intelligence and machine learning will aid the utility of analytics in the transportation industry. Besides, acquisition of analytics startups, mergers and collaboration, and research and development investment in technology enhancement of analytics by major industry players will boost the market growth. As per the published report by Transport Research Centre of Czech Republic, in 2018 there are around 500 million surveillance cameras acr

U.S. Pharmacy Market Size To Reach $708.9 Billion By 2030

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  U.S. pharmacy Market Growth & Trends The  U.S. pharmacy market  size is expected to reach USD 708.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.67% from 2023 to 2030. This growth can be attributed to several factors, including the increasing prevalence of chronic diseases, the aging population, and expanding healthcare coverage, which leads to a higher demand for healthcare services and medications. This expansion of healthcare coverage is expected to provide more people with access to necessary medications. In addition to these factors, the market players are introducing improved services and transitioning towards e-pharmacy, which is expected to contribute to market growth in the U.S. For instance, in February 2022, Medicure Inc. launched its Marley drug pharmacy, which is a direct-to-consumer e-commerce pharmacy platform. The platform offers over 100 chronic care medications and free delivery to an