Harsh Singh's blog

According to the Market Statsville Group (MSG), the Global DIY Home Automation Market size was valued at USD 29,400 million in 2021 and is projected to reach USD 5,29,700 million by 2030, growing at a CAGR of 37.9% from 2022 to 2030. DIY home automation offers security through automated door locks, remotely temperature adjustments, appliances, and lighting control, among others, such features and benefits propel the market’s growth. However, cyber threats and high initial costs will hamper the market’s growth.

According to the Market Statsville Group (MSG), the Global Computer-aided Drug Discovery Market size was valued at USD 3,146.8 million in 2021 and is projected to reach USD 10,897.9 million by 2030, growing at a CAGR of 14.8% from 2022 to 2030. The demand for computer-aided drug discovery increased due to the high efficiency reached using computer-aided drug discovery growing prevalence of chronic disease across the globe coupled with increasing investment in drug discovery projects will drive the market's growth over the forecast period.

According to the Market Statsville Group (MSG), the global eco-friendly food packaging market size is expected to grow from USD 169.42 million in 2022 to USD 360.28 million by 2033, at a CAGR of 7.10% from 2023 to 2033. Eco-friendly food packaging produced using various techniques such as active packaging, molded packaging, and multipurpose packaging are trending globally. With the increasing incidences of food-borne illness, food manufacturers are moving toward active antimicrobial packaging to avoid the food from contamination.

According to the Market Statsville Group (MSG), the global e-bike market size is expected to grow from USD 20130.07 million in 2022 to USD 76467.80 million by 2033, at a CAGR of 12.9% from 2023 to 2033. Several countries are launching projects to reduce carbon footprints by encouraging people to use electric automobiles, electric bikes, and bicycles. This tendency is also being aided by growing awareness of the detrimental impacts of automobiles that operate on fossil fuels.

According to the Market Statesville Group (MSG), the global Digital Remittance Market size is expected to grow from USD 16,442.80 million in 2021 to USD 45,964.90 million by 2030, at a CAGR of 12.1% from 2022 to 2030. Remittance is referred to as sending money by a foreign migrant across the border to another person via electronic payments, drafts, and check options available by the bank. In addition, most remittance service providers, such as banks, focus on digital remittance to enhance their business and provide the customer a quicker transferring services.

According to the Market Statsville Group (MSG), the global socially assistive robots (SARs) market size is expected to grow at a CAGR of 13.6% from 2023 to 2033.

According to the Market Statesville Group (MSG), the global Ethyl Acetate Market size is expected to grow from USD 5,142.6 million in 2022 to USD 10,421.2 million by 2030 , at a CAGR of 8.4 % from 2023 to 2030 .

According to the Market Statsville Group (MSG), the global virtualized radio access network (vRAN) market size is expected to grow at a CAGR of 20.5% from 2022 to 2030.

According to the Market Statsville Group (MSG), the global edible films and coating market size is expected to grow from USD 2,936.1 million in 2022 to USD 5,347.1 million by 2030, at a CAGR of 7.3% from 2023 to 2030.

According to the Market Statsville Group (MSG), the global earth observation satellite systems market size is expected to grow from USD 14,226.9 million in 2022 to USD 24,070.6 million by 2030, at a CAGR of 6.1% from 2023 to 2030.