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By 2030, North America is expected to overtake Europe in cybersecurity spending, says Frost & Sullivan. billion by 2030 from $46.8 By 2030, North America is expected to overtake Europe in terms of cybersecurity spending in the global commercial and public sectors, reaching $17.24 Santa Clara, Calif.
The COVID-19 pandemic has accelerated their use in healthcare, manufacturing, education, retail, and banking to simplify interactivity and improve engagement. Beyond 2030, AR and VR will merge, allowing users access to the total reality-virtuality continuum. The global augmented/virtual reality (AR/VR) market is expected to reach $661.40
Geopolitical Pressures: A potential reduction or cut-off in Russian gas to Europe, in response to sanctions over possible Ukraine invasion, would escalate Europe’s energy crisis, hindering industrial production. The UK’s possible exit from the Brexit’s Northern Ireland protocols risk UK-EU trade wars.
Last year, HP asked Channelnomics to produce a report on what the channel will look like in 2030. In the Channelnomics Channel of the Future 2030 report, we took note of the rising tensions: “[The] realignment of global power structures and waves of nationalism are increasing tensions among nations on regional and global levels.
Geopolitical tensions, inflation and soaring food and energy prices have exacerbated global inequalities. The percentage of children in low- and middle-income countries unable to read and understand a simple text by the age of 10 has risen from 53 percent to 70 percent, according to World Bank estimates.
The recent rise in energy prices has bolstered Saudi Arabia’s growth as heightened oil revenues boost domestic purchasing power. Oil revenue growth will enable an expansionary fiscal policy, with necessary central bank rate hikes and price controls helping to mitigate extreme inflationary risks.
The recent Global EV Outlook 2024 report brought out by the intergovernmental International Energy Agency (IEA) projects electric vehicles (EVs) to account for around 20% of total vehicle sales globally this year. Government backing in the form of policy support, incentives and tax subsidies will provide a fillip to EV penetration.
The 6P Framework for the Future of the Sustainability and Circular Economy – More with Less Policies: The Beginning of Carbon Markets In 2015, the United Nations’ Sustainable Development Goals (SDGs) brought the international community together and laid out a series of objectives to be achieved by 2030. A company worth mentioning is Tesla.
The new invite-only LowCarbonSG awards category is helmed by the Carbon Pricing Leadership Coalition (CPLC) Singapore, jointly launched by GCNS and World Bank’s CPLC in 2018.
In a bid to transition to a clean energy economy, we have seen a slew of policy measures being introduced in recent years, including the Clean Energy for America Act, the Build Back Better Act, and the US infrastructure plan. The focus is also on start-ups like Lucid, Rivian, Proterra, and Canoo.
Cross-links between science, technology, and innovation are seen as the key means of successful implementation of the UN’s SDGs by 2030 – particularly SDG-6 water and sanitation, SDG-11 Sustainable Cities and Communities, SDG-12 Responsible Consumption and Production and SDG-13 Climate Action.
According to a World Bank report, the costs and consequences of such high accident fatality rates – India accounts for only 1% of the world’s vehicles but is responsible for almost 11% road accident deaths – are staggering. The World Health Organization (WHO) estimates that road traffic crashes claim around 1.3 million lives annually.
Yet it will probably be the last year of monetary policy tightening by major central banks. Source Pet Care Industry Valued at $320 billion in 2023 , the pet care items industry is expected to grow to nearly $500 billion by 2030. It is reasonable to expect a rebound starting in 2025. What are the fastest-growing categories in CPG?
From AI-driven cybersecurity to quantum sensors, energy-efficient manufacturing, and next-gen health solutions , the world is witnessing a technological revolution that demands bold investments. Regional Insights: India: 12% annual growth projected in the LFP battery market , fueled by EV and stationary energy storage investments.
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