Author: Newsroom
Global Solvents Market Size to Hit USD 44.30 Billion by 2031 at 4.73% CAGR Amid Rising Low-VOC Adoption
Explore the solvents market (2026–2031) with Mordor Intelligence™. Get in-depth insights on market size, share, revenue, segments, key drivers, latest trends, and growth opportunities shaping the future of sustainable construction. Solvents Market Overview: The solvents market continues to play a central role across multiple industries, including paints and coatings, pharmaceuticals, adhesives, and chemicals. According to Mordor Intelligence, the global solvents market size was valued at USD 33.57 billion in 2025 and is estimated to grow from USD 35.16 billion in 2026 to reach USD 44.30 billion by 2031, at a CAGR of 4.73% during the forecast period. This steady solvents market growth reflects consistent demand from end-use…
Military Parachute Market size to Reach USD 2.97 Billion by 2031 Driven by Precision Systems and Rising Defense Demand - Mordor Intelligence
Introduction According to Mordor Intelligence, the military parachute market size was valued at USD 2.21 billion in 2025 and is projected to grow to USD 2.97 billion by 2031, reflecting consistent military parachute market growth during the forecast period. This upward trajectory reflects increased procurement cycles supported by rising defense budgets across NATO countries and the Indo-Pacific region. The military parachute industry continues to adapt to modern combat and logistics scenarios, where mobility, accuracy, and reduced risk exposure are critical. The shift from traditional round parachutes to precision-guided ram-air systems has enhanced operational outcomes, especially in complex terrains. Key Trends in the Military Parachute Market Shift Toward Precision-Guided Ram-Air Systems One…
Beauty Technology | Skincare Devices | At-Home Wellness | Regional Breakdown | March 2026 | Source: Wise Guy Reports $1.8B Market Value by 2032 7.6% CAGR (2024–2032) $1.0B Market Value in 2024 Overview Home Facial Steamer Market global Home Facial Steamer Market is projected to grow from USD 1.0 billion in 2024 to USD 1.8 billion by 2032, registering a 7.6% CAGR. The sustained consumer shift toward at-home professional skincare routines, the influence of social media beauty communities amplifying device adoption, and the integration of nano-ionic and ionic steam technology delivering salon-quality pore-cleansing and hydration outcomes are establishing…
IaaS | PaaS | SaaS | AI Cloud | Sovereign Cloud | Regional Breakdown | March 2026 | Source: Wise Guy Reports $2.4T Market Value by 2032 18.1% CAGR (2024–2032) $680B Market Value in 2024 Overview Cloud Market global Cloud Market is projected to grow from USD 680 billion in 2024 to USD 2.4 trillion by 2032, registering an 18.1% CAGR. The convergence of AI workload migration to cloud GPU infrastructure, enterprise digital transformation acceleration, sovereign cloud regulatory mandates, multi-cloud orchestration maturity, and the proliferation of cloud-native AI services is redefining the cloud from a cost-optimisation tool into…
$1.1 Trillion by 2032: 6 Programmatic Forces Reshaping the Digital Advertising Market $1.1T Market Value by 2032 9.4% CAGR (2024–2032) $602B Market Value in 2024
Programmatic | CTV | Retail Media | AI Creative | Regional Breakdown | March 2026 | Source: Wise Guy Reports Overview Digital Advertising Market global Digital Advertising Market is projected to grow from USD 602 billion in 2024 to USD 1.1 trillion by 2032, registering a 9.4% CAGR. The structural reallocation of advertising budgets from traditional media to measurable, data-driven digital channels is accelerating as AI-powered programmatic platforms, connected TV inventory expansion, retail media network proliferation, and first-party data infrastructure maturation deliver measurably superior ROAS versus legacy media buying — fundamentally transforming advertising from a reach-and-frequency discipline into a precision,…
$658.4 Billion by 2032: 6 Industry 4.0 Forces Transforming the Smart Manufacturing Market
Industry 4.0 | Robotics | Digital Twin | IIoT | Regional Breakdown | March 2026 | Source: Wise Guy Reports $658.4B Market Value by 2032 14.8% CAGR (2024–2032) $240.6B Market Value in 2024 Overview Smart Manufacturing Market global Smart Manufacturing Market is projected to grow from USD 240.6 billion in 2024 to USD 658.4 billion by 2032, registering a 14.8% CAGR. The integration of Industrial IoT sensor networks, AI-powered analytics, collaborative robotics, digital twin simulation, and advanced automation technologies across discrete and process manufacturing is redefining factory operations from labour-intensive, reactive production environments to predictive, autonomous, and data-intelligent manufacturing ecosystems…
$94.6 Billion by 2032: 6 Data Platform Catalysts Accelerating the Big Data As A Service Market
Data Lakes | Cloud Data Platforms | Lakehouse Architecture | Regional Breakdown | March 2026 | Source: MRFR $94.6B Market Value by 2032 26.4% CAGR (2024–2032) $15.8B Market Value in 2024 Overview Big Data As A Service Market global Big Data As A Service (BDaaS) Market is projected to grow from USD 15.8 billion in 2024 to USD 94.6 billion by 2032, registering a 26.4% CAGR. The migration of on-premise Hadoop clusters and data warehouses to cloud-native data lakehouse architectures, the proliferation of real-time data ingestion pipelines feeding AI and analytics workloads, and the emergence of data mesh and…
$239.7 Billion by 2032: 7 Language AI Breakthroughs Driving the Natural Language Processing Market
Large Language Models | Sentiment Analysis | Conversational AI | Regional Breakdown | March 2026 | Source: MRFR $239.7B Market Value by 2032 32.8% CAGR (2024–2032) $27.4B Market Value in 2024 Overview Natural Language Processing Market global Natural Language Processing Market is projected to grow from USD 27.4 billion in 2024 to USD 239.7 billion by 2032, registering a 32.8% CAGR. The transformer architecture revolution — culminating in large language models of unprecedented capability — has transformed NLP from a narrow pattern-matching technology into the foundational capability enabling machines to read, write, reason, translate, summarise, and converse with human-level…
Deep Learning Vision | Facial Recognition | Medical Imaging AI | Regional Breakdown | March 2026 | Source: MRFR $95.3B Market Value by 2032 19.8% CAGR (2024–2032) $26.2B Market Value in 2024 Overview Image Recognition Market global Image Recognition Market is projected to grow from USD 26.2 billion in 2024 to USD 95.3 billion by 2032, registering a 19.8% CAGR. Foundation vision models (CLIP, SAM, DINO, Florence-2) trained on billions of image-text pairs have achieved human-parity object detection, scene understanding, and visual reasoning capabilities that are enabling image recognition deployment across healthcare diagnostics, autonomous vehicles, retail visual intelligence, industrial…
$77.4 Billion by 2032: 6 Cognitive AI Pillars Reshaping the Cognitive Computing Technology Market
AI Reasoning | Knowledge Graphs | Neuromorphic Computing | Regional Breakdown | March 2026 | Source: MRFR $77.4B Market Value by 2032 30.2% CAGR (2024–2032) $10.8B Market Value in 2024 Overview Cognitive Computing Technology Market global Cognitive Computing Technology Market is projected to grow from USD 10.8 billion in 2024 to USD 77.4 billion by 2032, registering a 30.2% CAGR. Cognitive computing — encompassing AI systems that simulate human cognitive processes including reasoning, learning, problem-solving, perception, and natural language understanding — has been fundamentally transformed by the confluence of large language model reasoning capability, knowledge graph integration, multimodal…
