SBWire

Blockchain IoT Market size is projected to grow from $258 million in 2020 to $2,409 million by 2026, at a Compound Annual Growth Rate (CAGR) of 45.1%

Report categorizes the cybersecurity insurance market to forecast revenues and analyze trends by Component, Insurance coverage, Insurance type, Organization size, End user, and Region.

The global outdoor power equipment market size is expected to grow from USD 26.4 billion in 2021 to USD 35.8 billion by 2026, at a CAGR of 6.3%.

The Simulators market size is projected to grow from USD 25.5 billion in 2022 to USD 34.9 billion by 2027, at a CAGR of 6.5% from 2022 to 2027.

Industrial Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Application (Food & Beverages, Bioethanol, Feed, Detergents, Wastewater, Soil, and Oil Treatment), Source, Formulation and Region - Global Forecast to 2026

The global protective relay market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period.

YesAsia has collaborated with Geek+ to create a new smart warehouse that will not only be one of the tallest warehouse facilities in the world but also one of the most tech-enabled. The new facility will be located in Tsing Yi, Hong Kong, and will have the highest number of Autonomous Mobile Robots (AMRs) deployed in any one warehouse in Hong Kong. E-commerce businesses like YesAsia have faced many challenges since the start of the pandemic and logistics and supply chain management has been up there as one of the biggest. The new warehouse is designed to help the online retailer improve this area of operations and allow for greater efficiency by working with a leading AMR specialist like Geek+. The step is just one example of the ambitious strategy that YesAsia has deployed, integrating greater digitisation and automation across the enterprise to help ensure that the business continues to thrive.

In the wake of COVID-19 we have seen expectations rise when it comes to global supply chains. There are many factors that are bringing more uncertainty to this space, from political unrest to changing economic landscapes and the US-China trade war. As a result, safe and resilient supply chains are now the goal for organizations and governments alike. Hong Kong is already investing heavily in the infrastructure and people that deliver on expectations for sustainable and efficient supply chains. The city is the regional base for some of the world's biggest logistics firms, which makes it a natural go-to as a supply chain leader - and it has a number of key location-based advantages too. These include the fact that the airport here is the world's busiest cargo handler and the port is ranked within the international Top 10. Investing in innovation, partnerships and infrastructure that make the most of the geographic advantages that the city has are all key to optimising on the potential of Hong Kong as a fast mover in global supply chains.

New research has identified that vacancies for fintech talent are on the rise since the pandemic began to wind down, with a wealth of opportunities for those in fintech jobs. In fact, there has been a spike in vacancies of 182%, which means that the fintech talent market is outperforming the broader market by three times. One of the key challenges for many organisations is going to be finding the right talent to fill these positions, as there are major shortages across the tech sector today. Experts predict that the rate of expansion of the fintech market going forward will depend, to a certain extent, on how able enterprises are to find the right people to help their organisation to grow. Adoption of fintech products continues to expand exponentially, while the tech labor market remains tight, so there are major challenges ahead for the firms that are involved in this market.