Press Releases From 10/04/2023 Until 10/04/2023

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5G Testing Market Worth $5.2 Billion by 2028

LogoThe global 5G Testing Market is expected to be valued at USD 3.5 billion in 2023 and is projected to reach USD 5.2 billion by 2028; it is expected to grow at a CAGR of 8.2% from 2023 to 2028. according to a new report by MarketsandMarkets™. The continuous evolution of 5G technology, including the introduction of new frequency bands, network architectures, and features, creates the need for updated testing solutions. Testing solutions help validate 5G-enabled devices, applications, and network infrastructure interoperability. However, the high costs associated with developing advanced 5G testing solutions pose a barrier to the growth of this market.

Contact Center Software Market Size and Share, Recent Trends, Global Development and Opportunities 2028

LogoThe global Contact Center Software Market size is projected to grow from USD 41.9 billion in 2023 to USD 109.7 billion by 2028 at a growth rate of 21.2% during the forecast period, according to research report by MarketsandMarkets™.

Cyclopentane Market by 2026 - Global Trends, Share Analysis, Leading Players, Business Opportunities

LogoThe report "Cyclopentane Market With Covid-19 Impact Analysis by Function (Blowing Agent & Refrigerant, Solvent & Reagent), Application, and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2026", size was USD 272 million in 2020 and is projected to reach USD 430 million by 2026, at a CAGR of 7.8% between 2021 and 2026.

Consumer Foam Market Size and Share, Recent Trends, Global Development and Opportunities 2026

LogoThe report "Consumer Foam Market by Foam Type, Resin Type (Polyurethane, Polystyrene, Polyolefins, Phenolic), End-use Industry(Bedding & Furniture, Footwear, Automotive), & Region (APAC, North America, South America, Europe, MEA) - Global Forecast to 2026" The consumer foam market is projected to grow from USD 40.2 billion in 2021 to USD 50.9 billion by 2026, at a CAGR of 4.9% from 2021 to 2026. The market is witnessing average growth across the world due to factors such as, growing end-use industries in emerging economies, increased use of consumer foam in sports & recreational products applications. PE, PU, and specialty foams are used in protective guards, life jackets, sports, camping and trekking mattresses, kit bag liners, sports shoes, glove lining of sports, and recreational industries

Food Grade Lubricants Market Size Analysis by Key Players, End Users, Technologies, Growth & Forecast 2027

LogoThe report "Food Grade Lubricants Market by base oil [Synthetic Oil, Mineral Oil, Bio-based], Application (Food, Beverages, Pharmaceuticals &Cosmetics), and Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecasts to 2027" The market is projected to reach USD 495 million by 2027, at a CAGR of 7.0% from USD 352 million in 2022. This growth is primarily triggered by the increasing demand for processed food products such as meat, bakery, dairy and sugar. Asia Pacific is the largest food grade lubricants market due to the demand from the food & beverages industry and stringent government regulations regarding food safety. The need to reduce the contamination of food is the primary reason for the adoption of food grade lubricants.