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million by 2030 , according to IndustryARC. Key areas include data governance , which sets policies for data use; data quality management , which ensures accuracy and consistency; and data integration , which combines disparate data sources into a unified framework. This reduces guesswork and improves strategic outcomes.
. – January 19, 2021 – Frost & Sullivan’s recent analysis, Advances in Green Hydrogen Create Opportunity across the Global Power Sector , forecasts that global green hydrogen production will skyrocket at a compound annual growth rate (CAGR) of 57% between 2019 and 2030, rising from 40,000 tons to 5.7 million tons.
billion by 2030 , finds Frost & Sullivan. billion by 2030, from $10.6 For further information on this analysis, Rising Technical Sophistication Improving Mission Efficiency for the Transformed Global SmartSafe City Solutions Market, 2030, please visit: [link]. The sector is expected to reach revenues of $12.2
To learn more, please access: Growth Opportunities in the BaaS Market, 2024-2030 and Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024-2030 , or contact sathyanarayanak@frost.com for information on a private briefing. Such regulatory support is poised to boost market prospects.
billion in 2020 to 200 billion in 2030, says Frost & Sullivan. March 4, 2021 – Frost & Sullivan’s recent analysis, Future of Connected Living , reveals that the device-to-person ratio will exceed 20 to 1 by 2030 as the world enters the era of hyperconnectivity and catapults organizations’ digital transformation. .
Given these numbers, the country is expected to have around 68 cities with population of more than 1 million by 2030. The smart cities vision is to use digital technologies to provide integrated services to its citizens through the free flow of information, and to usher in an era of good governance. Smart City ICT Infrastructure .
Datacom has opened its seventh Australian office in Canberra as it seeks to capitalise on new government opportunities. The formal opening was officiated by government MP Ed Husic, and the 200-strong headcount in Canberra takes the company’s total staff count to over 2,500.
San Antonio, TX– July 05, 2022 – Citizens’ evolving requirements, rapid urbanization and digitalization are encouraging governments to adopt a digitized governance model. billion more people by 2030. For further information on this analysis, please click here. The global urban population will contain 1.25
Ensuring Data Governance Standards: Despite variations in data privacy and security regulations across regions, security vendors are consistently ensuring that every biometric solution they develop adheres to the highest data governance standards, guaranteeing accuracy in all biometric matching and authentication activities.
Surging investments target 200,000 fuel cell electric vehicle (FCEV) units by 2030. The rapid advance of hydrogen-based, fuel cell electric vehicles (FCEVs) has been the result of government support, R&D investments, stronger supply chains, and the active participation of both private and public sector. of global sales by 2030.
Governments would have to invest in public transport. The partnership between Tesco and WWF started with a big audacious goal of halving the environmental impact of every shopping basket by 2030. If you’re open to collaboration and co-creation, you’ll achieve more impact and build stronger, sustainable partnerships.
compound annual growth rate (CAGR) from 2023 to 2030. This article provides an overview of these key aspects during the 2023–2030 forecast period and is intended to help MSSPs identify where the greatest market opportunities lie. Finance and banking, healthcare, and government constitute the sectors that most require MSSP services.
The global fuel cell trucks market is estimated to register 142,858 unit sales by 2030 , with China accounting for 63.9% Regional governments and energy departments are encouraging fuel cell truck adoption through incentives, tax credits and funding. of total global sales. They also are availing demonstration project scenarios.
billion by 2030. billion by 2030 from $576.4 Data Integration to Drive Global Total Airport Management (TAM) Market Growth, 2030 is part of Frost & Sullivan’s Global Aerospace & Defense Growth Partnership Service program. Data Integration to Drive Global Total Airport Management (TAM) Market Growth, 2030.
Like many national governments, civil society organizations, community advocates, academic researchers, and private sector ethics teams, the UN seeks to establish guardrails for the safe and responsible use of AI. The report is a welcome addition to the international conversation on principles of good AI governance.
The theme for World Environment Day – 5 th June 2021 is ecosystem restoration and the day will also celebrate the launch of the United Nations Decade on Ecosystem Restoration 2021-2030. Customer awareness and activism is pushing up the Environment, Social and Governance (ESG) agenda within industry.
billion in revenue by 2030 from $5.77 Dhomne added: “Protein ingredients will dominate market share by 2030 as they contribute to the bulk of medical food composition and play a vital role in trauma and illness recovery. San Antonio – Oct. The global market for medical food ingredients is expected to garner $7.73 Contact: Nicole Ryder.
Governments have begun clamping down on vehicular emissions with increasingly stringent emissions targets. Collaboration to Make Charging More Accessible and Promote Adoption of EV Fleets. We believe that this synergistic collaboration between LeasePlan and ChargePoint will birth a virtuous cycle.
The City of Germantown took a unique approach to strategy planning and execution because it chose to follow a corporate framework versus a more traditional local government model. The city’s first step in taking a “for-profit” approach to organizational strategy was to create the “ Germantown Forward 2030 ” vision.
With over 15 years of experience in both the private and development sectors, his expertise extends to strategy and innovations, finance and governance, as well as mentoring and training. Her passion for data, strong analytical skills, and rapid adaptation to new topics enable her to deliver outstanding results for diverse business processes.
billion by 2030. With safety at the forefront, cities will increasingly implement stricter mandates governing kick scooter use and leverage technology to develop supporting infrastructure. Rapid market expansion will be reinforced by sustainability imperatives and public-private partnerships.
between 2022-2030. Collaboration is Key Till such time as full autonomy is realized, bus OEMs should make every effort to leverage growth opportunities in the ADAS market by offering fleet and driver-oriented features that increases productivity, and efficiency benefits. Collaboration will be crucial to bolstering bus ADAS development.
million units by 2030. To learn more, please see : Growth Opportunities in Passenger Vehicle High-definition Maps, 2024-2030 , Global ADAS and Autonomous Driving Outlook and Growth Opportunities, 2024 , or contact sathyanarayanak@frost.com for information on a private briefing. from 2023 to 2030. CAGR from 2023 to 2030.
million units by 2030. To learn more, please see : Growth Opportunities in Passenger Vehicle High-definition Maps, 2024-2030 , Global ADAS and Autonomous Driving Outlook and Growth Opportunities, 2024 , or contact sathyanarayanak@frost.com for information on a private briefing. from 2023 to 2030. CAGR from 2023 to 2030.
Policy roadmaps for hydrogen development, reinforced by strategic stakeholder collaborations, are poised to improve access, affordability, and adoption of fuel cell electric vehicles. Climate change imperatives and strict carbon emission targets have accelerated government initiatives aimed at increasing hydrogen production.
Overall sales across 10 Caribbean and Central American automotive markets set to surpass 300,000 units by 2030, with battery electric vehicles (BEVs) doubling their share from current levels. BYD has emerged as the frontrunner, forming strategic partnerships such as its collaboration with ATL Automotive to expand its presence in the region.
million by 2030 in North America and Europe. From 2023 to 2030, eScooter sharing is anticipated to outpace bike-sharing revenues, potentially accounting for 60% of the micromobility market. By 2030, North America’s micromobility fleet is expected to represent only 21% of Europe’s, indicating room for significant expansion.
The main factors driving the halal industry are favorable population demographics, government policies, and private sector initiatives. trillion by 2030 from $2.30 Food manufacturers should collaborate with technology companies to improve traceability and transparency while increasing consumer trust. Riyadh, Saudi Arabia –Sep.
Market participants to focus on diversifying supply chains, developing user-centric intelligent features, and collaborating with local governments to bridge infrastructure gaps. million units by 2030. The extension of EV purchase tax exemptions from 2024 to 2027 is expected to further stimulate industry growth.
Synergies between automotive OEMs and battery manufacturers to ramp up collaborative initiatives in battery development. The push for higher li-ion battery production in gigafactories will receive further impetus from governments keen to ensure domestic energy security and lower the dependence of their critical industries on external sources.
Today, the semiconductor industry is facing a landscape shaped by geopolitical uncertainties, requiring strategic geographic expansion, collaborative resilience, decentralized supply chains, and enhanced sustainability. How Will Your Organization Navigate Transformative Megatrends in the Semiconductor Industry to Optimize Growth Strategies?
From 2023 to 2030, the total number of agricultural tractors in Brazil is expected to grow at a compound annual growth rate (CAGR) of 1.9%, reaching 1.6 billion by 2030, growing at a 4.7% The market for remanufactured parts in Brazil is expected to grow substantially by 2030. million units. CAGR from 2022.
Now, however, a clutch of factors such as improved production capacity, expanding charging infrastructure, falling prices, and enabling government policy are accelerating the transition from conventional fuel powered cars to EVs. Policy Impetus is Key Government support has been a major growth driver for EV markets, worldwide.
billion in revenues by 2030 from $172.4 Focusing on modern-day emergency management , which relies on end-to-end collaboration, communication, and real-time information sharing between various stakeholders, with opportunities in integrating various emergency communications. billion in 2020, an uptick of 3%. About Frost & Sullivan.
As focus shifts from business expansion to profitability, collaboration and innovative partnerships will emerge as key to capitalizing on emerging opportunities. Cities are expected to integrate micromobility more deeply into their transportation systems, supported by government subsidies and financial incentives.
These include a lack of supportive government regulations and incentives for foreign players, as well as inconsistent enforcement of mandates across different regions. Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030. However, the industry faces several challenges.
These include a lack of supportive government regulations and incentives for foreign players, as well as inconsistent enforcement of mandates across different regions. Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030. However, the industry faces several challenges.
These include a lack of supportive government regulations and incentives for foreign players, as well as inconsistent enforcement of mandates across different regions. Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030. However, the industry faces several challenges.
Therefore, while silicon semiconductors will continue to dominate for the next three to four years, Frost & Sullivan projects that they will be overtaken by SiC and GaN semiconductors over 2027 to 2030. billion by 2030. The US CHIPS and Science Act 2022 will reinforce the development of domestic semiconductor manufacturing.
billion by 2030, driven by rising demand from industries and corporate sustainability agendas and targets (including limited consumption of raw materials and decarbonization). In terms of geographic market segmentation , the United States currently dominates global carbon black production and is expected to do so until 2030.
New policy incentive policies by the Indian Government are set to energize the Indian electric vehicle (EV) market, while intensifying competition between domestic and international players. The market has made consistent gains in the aftermath of the pandemic with Frost & Sullivan estimating a CAGR of 34.45% from 2023 to 2030.
Frost & Sullivan’s research highlights that the MaaS market in Europe and North America is set to be close to $20 billion by 2030. And, lastly, an environment conducive to public and private collaborations has been, and will continue to be, a key enabler of market growth. car and ride sharing), shared micromobility (e.g.,
To learn more, please access: Global Two-wheeler Growth Outlook 2024 , Strategic Analysis of Battery Chemistries in Electric Two-wheelers and Growth Opportunities , Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024 to 2030 , or contact sathyanarayanak@frost.com for information on a private briefing.
KSA’s Vision 2030 and Port Modernization: The topic of discussion is the relationship between Saudi Arabia’s Vision 2030 and the modernization of its ports. Saudi Arabia is swiftly modernizing ports such as King Abdullah Port with advanced digital technologies in line with its Vision 2030.
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