The global smart home market size is expected to reach USD 537.01 billion by 2030, registering a CAGR of 27.07% from 2023 to 2030, according to a new study by Grand View Research, Inc. The smart home is driven by computing devices and information technology that link smart home instruments and gadgets to provide convenience, entertainment, and enhanced comfort to residents in a sustainable way....
The global perimeter security market size is expected to reach USD 132.4 billion by 2030, registering a CAGR of 9.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing insecurities among civilians and the rising illegal activities, such as planned crimes, thefts, smuggling, and human trafficking, have led to a rise in the adoption of perimeter security...
The global interactive display market size is expected to reach USD 75.06 billion by 2030, according to a recent analysis from Grand View Research, Inc. Furthermore, the industry is expected to expand at a CAGR of 7.8% over the forecast period. The interactive or touchscreen display is a display unit that accepts user commands with the help of a finger or stylus in place of peripheral devices,...
The global heat pump market size is anticipated to reach USD 166.6 billion by 2030, expanding at a CAGR of 9.4% during the forecast period, according to a new report by Grand View Research, Inc. Favorable government policies for energy-efficient solutions and lowered carbon footprint are expected to boost the market growth over the forecast period. In addition, consumer-driven demand for...
The global mushroom market was valued at USD 50.3 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 9.7% from 2022 to 2030. The growing global demand for protein-rich diets, driven largely by the rising vegan population, is anticipated to be a major factor propelling market growth. Mushrooms are increasingly recognized as a superfood due to their impressive...
The global industrial automation and control systems market was valued at USD 206.33 billion in 2024 and is projected to experience significant growth, with an anticipated compound annual growth rate (CAGR) of 10.8% from 2025 to 2030. This rapid expansion is primarily driven by the increasing demand for greater efficiency, precision, and safety in manufacturing industries. As companies seek to...
The global indoor distributed antenna system (DAS) market was valued at USD 5.28 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2030. The growth of the market is driven by several key factors, including the increasing use of smartphones, tablets, and other wireless devices, all of which create a higher demand for reliable and fast wireless...
The U.S. office furniture market was estimated to be valued at approximately USD 16.64 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2025 to 2030. The market’s expansion is being driven by several factors, including the increasing construction of households, offices, and commercial complexes. As urbanization continues and the demand for both...
The global orthopedic devices market was valued at approximately USD 60.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2030. This growth is primarily driven by several factors, including the high incidence of orthopedic disorders, an aging global population, increasing cases of degenerative bone diseases, and the rising number of road...
The global hearing aids market was valued at approximately USD 7.96 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.78% from 2024 to 2030. This growth can be largely attributed to several key factors. First, there is a rising adoption of hearing aids as more individuals seek solutions for auditory impairments. Alongside this, there is growing awareness of...
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