Electric Vehicles (EVs) Procurement Intelligence The electric vehicles (EVs) category is anticipated to witness growth at a CAGR of 18.0% from 2023 to 2030. In 2022, Asia Pacific accounted for 51% of the market share followed by North America and Europe. Asia Pacific is the most lucrative region in terms of revenue as there’s an upsurge […]
Industrial Motor Procurement Intelligence The industrial motor category is anticipated to grow at a CAGR of 4.9% from 2023 to 2030. The rising demand for EVs, industry 4.0, IE4 competent low voltage motors for energy savings and VFD boosting IE2/IE3 AC LV motor efficiency are driving the category growth. As industry 4.0 is rising, the world […]
Construction Services Procurement Intelligence The construction services category is expected to grow at a CAGR of 11.8% from 2023 to 2030. With technological advancements in the construction process, rising investments by governments toward economic infrastructural development, and green building initiatives, the construction industry has evolved which has resulted in rising construction services. Service providers are focusing […]
Employee Training Services Procurement Intelligence The employee training services category is expected to grow at a CAGR of 8% from 2023 to 2030. North America is the leading market for corporate training, accounting for 43% of the global market. This is due to the presence of large corporate MNCs and giant IT organizations in the […]
Employee Benefits Procurement Intelligence The employee benefits category is expected to grow at a CAGR of 4.5% from 2023 to 2030. North America accounts for the largest share of the category. The increased competition among employers to hire and retain talent along with increasing focus on maintaining work-life balance among employees are driving category growth. Major […]
Clinical Trial Imaging Services Procurement Intelligence The clinical trial imaging services category is anticipated to grow at a CAGR of 8.05% from 2023 to 2030. North America holds the largest category share at about 41%. The rising number of Contract Research Organizations (CROs) along with biotechnology and pharmaceutical companies, the increasing presence of chronic health diseases […]
Artificial Intelligence Procurement Intelligence The artificial intelligence category is expected to grow at a CAGR of 38.1% from 2023 to 2030. North America accounts for the largest category share. The increasing demand for digital processes in businesses is boosting growth. Companies are focusing on adopting technology for better decision-making procedures and data transparency. For instance, in […]
Digital Payment Services Procurement Intelligence The global digital payment category size was valued at USD 81.03 billion in 2022. Overall, the increasing popularity of online shopping and smartphones is driving the demand for digital payment services. The rapid use of digital payment systems by young people, particularly Generation Z, is what is driving the trend […]
Digital Payment Services Procurement Intelligence The global digital payment category size was valued at USD 81.03 billion in 2022. Overall, the increasing popularity of online shopping and smartphones is driving the demand for digital payment services. The rapid use of digital payment systems by young people, particularly Generation Z, is what is driving the trend […]
Digital Payment Services Procurement Intelligence The global digital payment category size was valued at USD 81.03 billion in 2022. Overall, the increasing popularity of online shopping and smartphones is driving the demand for digital payment services. The rapid use of digital payment systems by young people, particularly Generation Z, is what is driving the trend […]