In 2024, the global Activated Alumina Market was valued at approximately USD 1 billion and is projected to witness steady growth throughout the forecast period. Between 2025 and 2037, the market is anticipated to witness consistent growth, approaching a valuation of USD 2 billion by the end of the forecast timeline, supported by a compound annual growth rate (CAGR) of 5.6%.
In 2024, the global Image Recognition Market in the Consumer Packaged Goods (CPG) sector was estimated at around USD 3.1 billion, with forecasts indicating it will surge to approximately USD 43.3 billion by 2037. This impressive surge corresponds to a compound annual growth rate (CAGR) of 22.5% between 2025 and 2037, fueled by the rapid adoption of AI-driven technologies, increasing retail automation, and the growing need for efficient inventory and shelf management.
Image Recognition in CPG Industry Demand
The Smartwatch Battery Market was valued at USD 979.6 million in 2024 and is projected to grow significantly, reaching approximately USD 12.44 billion by the end of 2037. This exceptional growth reflects a compound annual growth rate (CAGR) of 21.6% during the forecast period of 2025–2037. The surge in demand is fueled by increasing global adoption of wearable technology, advances in smartwatch functionalities, and consumer demand for longer battery life.
Smartwatch Battery Industry Demand
The global DeNOx Catalyst Market was valued at USD 2.3 billion in 2024 and is projected to reach approximately USD 3.5 billion by the end of 2037, expanding at a compound annual growth rate (CAGR) of 3.4% during the forecast period 2025 to 2037. This steady growth reflects the rising demand for emission control systems across multiple industrial and transportation sectors due to stricter environmental regulations and growing awareness around air pollution mitigation.
The global market for radiation pneumonitis treatment was valued at USD 1.6 billion in 2024 and is projected to exceed USD 3.1 billion by 2037, registering a compound annual growth rate (CAGR) of 5.5% between 2025 and 2037. This upward trend highlights the increasing incidence of radiation-related pulmonary complications, particularly in patients undergoing chest-area radiotherapy for cancer. The market is anticipated to maintain its momentum, supported by advancements in clinical practices, heightened awareness, and increased healthcare investments across the globe.
In 2024, the pediatric orthopedic implant market was estimated to be worth approximately USD 4.1 billion globally. The market is projected to reach nearly USD 10.1 billion by 2037, driven by a strong compound annual growth rate (CAGR) of 7.8% between 2025 and 2037. This anticipated growth is fueled by an increasing prevalence of pediatric musculoskeletal disorders and the rapid adoption of advanced implant technologies.
In 2024, the market for recycled ruthenium was valued at approximately USD 423.6 million. Analysts project significant growth through 2037, reaching about USD 2.3 billion, driven by a compound annual growth rate (CAGR) of 14.1% from 2025 to 2037. This upward trend stems from increasing global demand, environmental policy pressures, and improvements in recycling technology that make recovering ruthenium more efficient and financially attractive.
According to recent research by Research Nester, the global SaaS enterprise applications market size is expected to cross USD 3.05 trillion by 2037 and is projected to expand at 20.5% CAGR between 2025 and 2037.
