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The global warehouse management systems market size was valued at USD 2.64 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 15.3% from 2021 to 2028. Growing application sectors, such as healthcare, manufacturing, and retail, across the globe are projected to drive the demand for warehouse management systems (WMS) for efficient operations to increase their output and meet rising consumer demand. In an attempt to address growing demands, logistics companies are continuously progressing to overcome challenges created by fluctuating product markets and shipping schedules.

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The global video streaming market size was valued at USD 50.11 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 21.0% from 2021 to 2028. Innovations, such as blockchain technology and artificial intelligence, to improve video quality are expected to boost the market growth. AI is playing an essential role in editing, cinematography, voice-overs, scriptwriting, and several other aspects of video production and upload. Various video streaming solution providers use AI to improve the content quality of videos.

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The global smart glass market size was valued at USD 4.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. The emergence of energy-conservation initiatives, such as green buildings and eco-friendly structures, globally is expected to offer promising growth prospects to the market. Administrative support through financial benefits and tax initiatives globally is also stimulating the growth of the market. For instance, the European banks have a new mortgage scheme for green homes, encouraging end-users to adopt energy-saving products, such as smart glass. Smart glass has gained traction in recent years due to its energy-saving properties, thermal and acoustic insulation,and elegant 3D design proposition.

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The global food service equipment market size was valued at USD 34.68 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2028. Changing food consumption patterns, increased demand for takeaways, and the expanding hospitality sector are some of the key factors driving the market. Furthermore, factors such as increasing digitalization, the need for sustainable and eco-friendly equipment, and stringent consumer safety norms are expected to create promising growth opportunities for the market in near future.

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The global facade market size was valued at USD 217.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028. The rise in construction-related activities has been an important factor in driving the market. Furthermore, technological innovations are leading to the development of energy-saving facade materials. These advanced products absorb solar energy and find widespread adoption in several commercial and residential buildings as a secondary source of electricity generation. The market is expected to grow at a considerable rate over the forecast period. This growth can be attributed to rising customer spending power, primarily in China, Japan, India, Brazil, and GCC countries, along with the need to provide a secure work environment to employees.

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The global engineering services outsourcing market size was valued at USD 1.06 trillion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 22.9% from 2021 to 2028. The increasing collaboration between Engineering Service Providers (ESPs) and Original Equipment Manufacturers (OEMs) is expected to emerge as one of the primary factors contributing to the growth in the adoption of engineering services outsourcing (ESO). The globalization of R&D activities, the rising demand for integrating the latest technologies in the product offerings, and the growing need to shorten the product lifecycles and cut costs are also expected to contribute to the growth of the market.

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The global contactless payment market size was valued at USD 1.34 trillion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 20.3% from 2021 to 2028. The growth can be attributed to the increasing adoption of digital payment platforms across the globe. Nowadays, customers are focusing on making seamless payments for many of their daily transactions. Moreover, increasing expectations for secure and integrated ways to pay for any service or product is expected to drive market growth.

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The global augmented reality market size was valued at USD 17.67 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 43.8% from 2021 to 2028. The rising demand for remote assistance and collaboration from enterprises that assist in workflow management and optimization is expected to propel market growth. Businesses are using Augmented Reality (AR) -based apps for tracking, identifying, and resolving technical issues as well as for tasks, such as retrofitting, assembling, manufacturing, and repairing production lines.

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The global laryngeal mask marketsize was valued at USD 541.3 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2021 to 2028. The growth can be attributed to the increasing product usage during surgeries or during anesthesia procedures. The upsurge in the number of surgical procedures coupled with the increasing demand for disposable devices is the key driver of the market for laryngeal masks.

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The global preparative and process chromatography marketsize was valued at USD 7.15 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.65% from 2021 to 2028. Large-scale integration of liquid chromatographic techniques in downstream processing, technological advancements, and high demand for preparative techniques have accelerated the growth in this space. Increasing demand and approval of monoclonal antibodies in the pharmaceutical and biotechnology.

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The global pressure sensor market was valued at USD 16.91 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2028. A pressure sensor is an electronic device that regulates, detects, and monitors the pressure in liquids or gases and converts it into an electrical signal. Pressure sensors are witnessing significant growth owing to their increasing use across industries for applications such as alarm systems, water purifiers, medical breathing appliances, refrigeration systems, and off-road constructions. The pressure sensors used in medical breathing appliances measure the flow of oxygen and oxygen levels being delivered to the patient.

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The global rapid medical diagnostic kits market size was valued at USD 13.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2021 to 2028. The market for rapid medical diagnostic kits is set to gain momentum in the coming years owing to the rising need and awareness regarding the rapid medical evaluation of chronic diseases, growing demand for point of care (POC) diagnostics, a high influx of portable rapid testing devices in the market, rise in the number of infectious disease cases, and expanding geriatric population base.

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The global traumatic brain injury assessment and management devices market size was valued at USD 2.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2021 to 2028. The increasing prevalence of traumatic brain injuries (TBIs), rising patients’ preference for minimally invasive procedures, and rising awareness regarding brain injuries are the major factors expected to fuel the market growth. In addition, the adoption of technologically advanced products and supportive government policies are few more factors contributing to the market growth.

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The global veterinary artificial insemination market size was valued at USD 3.96 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.94% from 2021 to 2028. The technique has been commercially available for over 60 years and has been utilized very effectively in the cattle and dairy industry.AI can reduce many of the risks involved with animal breeding and disease transmission, which is acting as a key factor in boosting the market growth.

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The U.S. medical coding market size was valued at USD 16.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2021 to 2028. Insurance frauds and issues due to misinterpretations of medical documents is a major parameter driving the growth of this market. According to the National Health Care Anti-Fraud Association, healthcare fraud costs in the U.S. are USD 68.0 billion annually. Moreover, increasing usage of billing and medical coding procedures in revenue cycle management is estimated to bolster the market growth.

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The U.S. medical coding market size was valued at USD 16.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2021 to 2028. Insurance frauds and issues due to misinterpretations of medical documents is a major parameter driving the growth of this market. According to the National Health Care Anti-Fraud Association, healthcare fraud costs in the U.S. are USD 68.0 billion annually. Moreover, increasing usage of billing and medical coding procedures in revenue cycle management is estimated to bolster the market growth.

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The global traditional wound management market size was valued at USD 5.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2021 to 2028. The growth of the market is owing to the increasing number of accidents, rising number of Ambulatory Surgical Centers (ASCs), and an increase in the incidences of chronic diseases across the globe. ASCs offer a variety of services such as surgical care, diagnostics, and preventive procedures.