This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
billion by 2030, finds Frost & Sullivan. The global critical infrastructure cybersecurity market— which is segmented into oil and gas facilities, utilities (electric and water), maritime (ports and entry points), and airports—is estimated to reach $24.22 billion by 2030 from $21.68 Santa Clara, Calif. billion in 2020.
. – 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.
By incorporating cloud computing, big data, analytics, and Internet of Things (IoT) solutions, utilities and retailers are transforming their businesses beyond commodity selling. billion by 2030 from $12.33 billion in 2020, with a compound annual growth rate (CAGR) of 10.5%. They create business opportunities for aaS propositions.
By 2030, advancements in blockchain technology will lead to its integration with biometrics, resulting in the establishment of a single-token digital identity for individuals.”. Contact: Melissa Tan. Corporate Communications. T: +65 6890 0926. E: melissa.tan@frost.com.
The construction and mining rental equipment market is expected to reach $273 billion by 2030 , driven by the need to manage operational costs and increase utilization rates. Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030. Santa Clara, Calif. 1 (210) 247 2481.
million by 2030 , according to IndustryARC. When processes are optimized, operational delays decrease, and resources are better utilized. Utilize real-time analytics : Implement analytics tools that provide real-time insights, allowing teams to instantly monitor performance and adjust strategies.
As we celebrate World Water Day , Frost & Sullivan experts raise awareness on the global water crisis and share insights on how each region is leading the charge towards water and sanitation for all by 2030. Contact: Srihari Daivanayagam, Corporate Communications. P: +91 44 6681 4412. E: srihari.daivanayagam@frost.com.
The decade ahead promises more growth and continued investor opportunities as Frost & Sullivan forecasts a total of $2 billion to be invested through 2030 , with half going to utility-scale projects and the rest going to commercial, industrial, and residential PV systems. Contact us: Start the discussion.
San Antonio – March 29, 2022 – Frost & Sullivan’s recent analysis of the Asia-Pacific power and energy market reveals that a growing number of traditional utilities and oil & gas companies will venture into distributed energy resources (DER) applications over the next five to 10 years. billion in 2030. billion in 2021 to $73.26
October 26, 2023 — Frost & Sullivan is pleased to announce Sacramento Municipal Utility District (SMUD) and Las Vegas Valley Water District (LVVWD) as recipients of its eighth annual Excellence in Resourcefulness Awards in collaboration with Itron. SAN ANTONIO, TX. Join us: www.itron.com.
billion by 2030, surpassing the pre-pandemic level by 2025. From a regional perspective, Asia-Pacific is expected to remain the largest revenue contributor in 2030, while North America will be the fastest-growing region.
Given these numbers, the country is expected to have around 68 cities with population of more than 1 million by 2030. Citizens utilize social networking platforms to reach out for help or assistance. Designing smart cities ICT (Information and Communication Technology) architecture is the essential first step in this direction.
San Antonio, TX — January 31, 2023 — Recently, Frost & Sullivan researched the energy and utilities customer care and engagement industry and, based on its analysis, recognizes Hansen with the 2022 Global Product Leadership Award for its best-in-class products that empower energy utilities and power retailers. billion in 2030.
Offshore will become particularly important in the European power market, where it will play a significant role in the generation mix by 2030 in states such as Germany, Portugal, the Netherlands, and the UK. PPAs will continue to be important in driving utility-scale investment across the course of the decade. billion by 2030.
billion in revenue by 2030 from $8.15 China will remain the largest market in terms of revenue potential for digital grid solutions through 2030. Further, smart meters as grid intelligence devices will play a pivotal role in edge intelligence as an integral asset to grid intelligence, benefiting utilities and prosumers.”.
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. In the aviation sector of the transport segment, the decarbonisation efforts will rely on hydrogen-based fuels and biofuels.
The increasing share of electricity from renewable energy sources (RES), distributed energy resources (DERs) and increasing penetration of EVs and their charging infrastructure makes grid load management operations extremely difficult for utilities. billion by 2030. Swagath Manohar, Senior Analyst, Power & Energy.
A total of 672 GW of renewable energy capacity will be installed between 2020 and 2030 across Europe. By 2030, 70.02 Grid-scale storage will have the fastest growth at 31% per annum, as utilities, grid companies, and private entities invest in storage systems that will support the grid and generate additional revenues.
The global grid battery storage capacity is likely to grow to 135GW by 2030 from 8GW in 2020, says Frost & Sullivan. and 32.4% , respectively, of the total grid battery storage power capacity by 2030. by 2030 because of the saturation of frequency regulation markets and the lack of a business case for other applications.”.
The city’s first step in taking a “for-profit” approach to organizational strategy was to create the “ Germantown Forward 2030 ” vision. The 2030 vision was built over a methodical, one-year process by a 30-person steering committee and incorporated input from more than 200 citizens. million to charity.
The Kingdom of Saudi Arabia is rapidly transforming all sectors to achieve the goals laid down by Saudi Vision 2030 and the National Transformation Program. However, to deliver and utilize these technologies with scale and agility, both end-users and technology providers rely heavily on Saudi Arabia’s datacenter infrastructure.
This is great news for India, which currently has one of the largest renewable energy addition programs with targeted capacity addition of 175 GW by 2022 and 430 GW by 2030, according to the Ministry of Power and Ministry of New and Renewable Energy, India. 26,000 crores ($3.5
To cut down carbon emissions and combat climate change, governments across the globe are counting on the five pillars of decarbonization: the rise of renewables, hydrogen economy, direct electrification and renewable heat, carbon capture utilization and storage (CCUS), and energy efficiency.
Beyond 2030, AR and VR will merge, allowing users access to the total reality-virtuality continuum. In addition, the gaming community is pioneering new gaming control mechanisms based on brain signals utilizing electroencephalography (EEG) headsets. The global augmented/virtual reality (AR/VR) market is expected to reach $661.40
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. The global managed security services market, valued at $27.2 billion in 2022, is projected to grow at a 15.4%
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.
billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.93% from 2023 to 2030. billion in 2022, with an expected CAGR of 6.69% from 2023 to 2030. For example, the Clive Henry Group, established in 2019, utilizes advanced platforms to provide staffing solutions. million in 2019.
The standards that are undergoing revision most relevant to stationary Fuel Cells are the (Grid) Interconnection series ( 1 547 Series) and Smart Grid Interoperability (2030 Series). This article gives an overview of IEEE standards – we will look at one standard that is focus for today. Interconnection Standards.
billion by 2030, growing at a CAGR of 5.2% between 2023-2030. Key trends that will define the market till 2030 and beyond include business model transformation (BMT) and advances in electric equipment and smart machines. The global excavators and loaders market is expected to reach $79.48
Battery-electric buses are expected to have a larger market share, followed by other powertrains by 2030, finds Frost & Sullivan. China, Europe, and Latin America are expected to constitute more than 89% of the market by 2030. Lower battery prices and fast-charging infrastructure will drive the growth toward 2030.
Battery-electric buses are expected to have a larger market share, followed by other powertrains by 2030, finds Frost & Sullivan. China, Europe, and Latin America are expected to constitute more than 89% of the market by 2030. Lower battery prices and fast-charging infrastructure will drive the growth toward 2030.
Through DaaS, technicians can now perform remote diagnostics, access real-time vehicle data, and utilize troubleshooting guidelines with the support of master technicians. billion by 2030. By 2030, EV battery diagnostics revenue in North America and the EU5 is projected to reach $61.6 billion in the EU5 by 2030.
Freeman Clarke Freeman Clarke is renowned for its team of executive-level CIOs, CTOs, and CISOs, offering transformative fractional CIO services to enhance business profitability and digital utilization. Their approach to assessing resources, vendors, and systems paves your path to success, ensuring optimal technology utilization.
Moving forward, operators will need to enhance service utilization and reduce operational costs to achieve sustainable revenue growth. Advanced data intelligence systems will help cities optimize fleet utilization and parking, enhancing safety and efficiency.
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.
The EU has a stated goal of producing 10 million metric tons (Mmt) and importing 10 Mmt of hydrogen, as well as building hydrogen refueling stations (HRS) at every 200 km by 2030. With an eye to reducing costs, the setting up of a robust international hydrogen supply chain by 2030 is also on the anvil.
In his State of the City address earlier this year, the Mayor of New York City declared that all ride-hailing vehicles in the city will be required to be zero-emissions by 2030. million by 2030. However, going forward, eBike sharing will account for 50% of fleets in Europe and North America by 2030.
Embracing Holistic Approach: Addressing the complexities of decarbonization requires a holistic approach covering the entire value chain, from carbon capture to utilization, and considering both Capex and Opex implications. Are your leadership devising technology strategies to achieve long-term sustainability goals?
billion by 2030, operators are shifting their focus from expansion to profitability. Our Perspective Globally, operators will aim to achieve profitability through multiple means, such as consolidating regions, increasing utilization rates, using AI-based technologies, and electrifying fleets. billion in 2023 to $9.79
Which innovative business models is your organization utilizing to achieve sustained success in the EV charging domain? By 2030, we need around 450,000 to 500,000 chargers for EV trucks. This approach is significantly aiding in the widespread adoption of EVs.
Which innovative business models is your organization utilizing to achieve sustained success in the EV charging domain? By 2030, we need around 450,000 to 500,000 chargers for EV trucks. This approach is significantly aiding in the widespread adoption of EVs.
Customers in the plastics, coatings, textiles, fabrics, and ceramics sectors are now prioritising sustainability, hygiene, and health impacts over aesthetics and utility. for the antimicrobial materials industry from 2023 to 2030, projecting the global total addressable market to approach $61 billion by the end of the period.
Customers in the plastics, coatings, textiles, fabrics, and ceramics sectors are now prioritising sustainability, hygiene, and health impacts over aesthetics and utility. for the antimicrobial materials industry from 2023 to 2030, projecting the global total addressable market to approach $61 billion by the end of the period.
Which innovative business models is your organization utilizing to achieve sustained success in the EV charging domain? By 2030, we need around 450,000 to 500,000 chargers for EV trucks. This approach is significantly aiding in the widespread adoption of EVs.
We organize all of the trending information in your field so you don't have to. Join 61,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content