New Delhi [India], January 14: The global mobile app development market is rapidly expanding, projected to grow from USD 240.4 billion in 2023 to USD 666.1 billion by 2032, with a CAGR of 12.1%. This growth is driven by increased mobile device usage, technological advancements, and AI adopti
With the rapid evolution of automation and robotics, industries are witnessing a paradigm shift in their operational frameworks.
The global robotics market, valued at USD 46 billion in 2023, is poised to grow at a compound annual growth rate (CAGR) of 15.1 per cent, reaching USD 169.8 billi
The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.
The retail market in India stood at Rs 76trn - 78trn in 2023 and is expected to reach to Rs 116trn-124trn by 2028. Of this, Quick Commerce's contribution is expected to increase from 0.3 per cent (Rs 224bn) in 2023 to 2-3 per cent (Rs 2320bn-4240bn) in 2028, expanding at a CAGR of 60- 80 per
Demand for cement, which had recorded a robust compound annual growth rate (CAGR) of 11 per cent between FY2022 and FY2024, is projected to slow to 4.5-5.5 per cent this fiscal.
CITI Chairman Rakesh Mehra highlighted the significance of the US market, and said, "USA accounts for about 27 per cent of India's T&A exports. During the last 5 years, India's exports to USA have increased at a CAGR of about 3.3 per cent. It would require our exports to grow at a CAGR o
Gurugram (Haryana) [India], December 26: CurveAi, a pioneering generative AI startup based in Gurugram, has announced the launch of DealSpy, India's first AI shopping agent suite designed to enhance the online shopping experience. This innovative AI agent framework is set to transform how co
New Delhi [India], December 20: The European medical devices market, projected to surpass EUR230 billion by 2030, is driven by an ageing population, healthcare advancements, and technological innovation. In 2022, it was valued at over EUR150 billion with a 5.5% CAGR. The In-vitro diagnostic
Bangalore (Karnataka) [India], December 19: iMerit, a software-delivered AI data solutions leader, is expanding. The company has launched an Automotive AI Center of Excellence in the vibrant city of Coimbatore in Tamil Nadu. This is a testament to the potential of the industry. According to
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
Mumbai (Maharashtra) [India], December 12: Authorized push payment (APP) scam losses in India reached INR 37,309 million in 2023 and are projected to grow at a 6% compound annual growth rate (CAGR) to reach INR 49,626 million by 2028, according to the latest Scamscope report from ACI Worldwi