Category: Press Release

Evolve Business Intelligence has published a research report on the Global Memory Chip Market, 2023–2033. The global Memory Chip Market is projected to exhibit a CAGR of around 10.53%during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Memory Chip Market: Micron Technology, Adata Technology Co. Ltd, Fujitsu Limited (Fujitsu Microelectronics Inc), Kingston Technology Company Inc), Samsung Electronics Co. Ltd. Company, Transcend Information Inc, Sk Hynix Inc., Sony Corporation, Toshiba corporation. And Intel corporation.

Market Highlights

The Memory Chip Market is projected to be valued at USD 322.1 Billion by 2033, recording a CAGR of around 10.53% during the forecast period. The Memory Chip Market refers to the global industry centered around the production, distribution, and utilization of ammonia that is synthesized using renewable energy sources instead of conventional fossil fuels. In green ammonia production, hydrogen is typically derived through the electrolysis of water powered by renewable energy sources such as wind, solar, or hydropower, and then combined with nitrogen from the air to create ammonia.

The Memory Chip Market is projected to expand rapidly as industries and governments work towards decarbonization, sustainability, and renewable energy goals.

Segmental Analysis

The Memory Chip Market has been segmented based on Source and Application.

Based on Type, the Memory Chip Market is segmented into Volatile and Non-Volatile. The volatile segment is anticipated to dominate the market.

Based on Application, the Memory Chip Market is segmented into Laptop/PC, Camera, Smartphone and Others. The Camera segment is anticipated to dominate the market.

Regional Analysis

The Memory Chip Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America holds a significant share of the memory chip market, propelled by technological innovations and the presence of key industry players. The region’s focus on AI, IoT, and 5G technologies increases the demand for advanced memory solutions. Europe’s memory chip market is expanding due to investments in semiconductor technologies and a growing electronics sector. The region’s emphasis on automotive and industrial applications contributes to the demand for memory chips. Asia Pacific leads the memory chip market, driven by major semiconductor manufacturers in South Korea, Taiwan, China, and Japan. The region’s dominance is attributed to its substantial consumer electronics market and technological advancements. Countries like China and India, with rising disposable incomes and urbanization, further fuel this growth. Latin America’s memory chip market is growing, supported by the increasing adoption of electronic devices and improvements in digital infrastructure. The region’s focus on technological development presents opportunities for market expansion. The Middle East and Africa are gradually adopting advanced technologies, leading to a steady increase in memory chip demand. Investments in digital infrastructure and the proliferation of smart devices are key drivers in this region.

Evolve Business Intelligence has published a research report on the Global Green ammonia Market, 2023–2033. The global Green ammonia Market is projected to exhibit a CAGR of around 72.14% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Green ammonia Market: ACME GROUP, BASF SE, YARA, SIEMENS Energy, Engie, CF Industries Holdings Inc. (CF), Uniper SE, GREENKO Group, INTERCONTINENTAL ENERGY And Allied Green Ammonia Pty Ltd.

Market Highlights

The Green ammonia Market is projected to be valued at USD 146.45 Billion by 2034, recording a CAGR of around 72.14% during the forecast period. The Green Ammonia Market refers to the global industry centered around the production, distribution, and utilization of ammonia that is synthesized using renewable energy sources instead of conventional fossil fuels. In green ammonia production, hydrogen is typically derived through the electrolysis of water powered by renewable energy sources such as wind, solar, or hydropower, and then combined with nitrogen from the air to create ammonia.

The Green Ammonia Market is projected to expand rapidly as industries and governments work towards decarbonization, sustainability, and renewable energy goals.

Segmental Analysis

The Green ammonia Market has been segmented based on Technology, Capacity and End User.

Based on Technology, the Green ammonia Market is segmented into alkaline water electrolysis, proton exchange membran and solid oxide electrolysis. The Proton exchange membran segment is anticipated to dominate the market.

Based on Capacity, the Green ammonia Market has been divided into High, Medium and Low. The Medium segment is anticipated to dominate the market.

Based on End User, the Green ammonia Market has been divided into Power Generation, Transportation and Industrial Feedstocks. The Transportation segment is anticipated to dominate the market.

Regional Analysis

The Green ammonia Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America has significant growth potential due to abundant renewable energy resources and increasing investments in green hydrogen projects. The region’s well-developed hydrogen and ammonia industries, along with established supply chains and infrastructure, contribute to this leadership. Europe currently holds the largest market share due to strong government support for renewable energy and ambitious climate targets. The region’s green ammonia industry is anticipated to grow due to the trend toward using environmentally friendly chemicals. The Asia-Pacific region is projected to be the fastest-growing market due to its rapidly expanding industrial sector and increasing energy demand. The Asia-Pacific region is projected to be the fastest-growing market due to its rapidly expanding industrial sector and increasing energy demand. Latin America region boasts vast renewable energy potential, particularly in solar, wind, and hydropower, providing a solid foundation for green ammonia production. Increasing energy demand across various sectors, coupled with a need to decarbonize economies, is driving interest in green ammonia as a clean energy carrier. The Middle East and Africa possess abundant solar and wind resources, making them ideal locations for large-scale green ammonia production.

Evolve Business Intelligence has published a research report on the Global AI Chipset Market, 2023–2033. The global AI Chipset Market is projected to exhibit a CAGR of around 7.82%during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global AI Chipset Market: NVIDIA CORPORATION (US), Advanced Micro Devices Inc. (AMD), Google, Intel Corporation, Samsung Electronics Co. Ltd. Company, Micron Technology Inc, SK Hynic Inc, Apple Inc, Qualcomm Technologies INC. (Us) and huawei technologies co ltd.

Market Highlights

The AI Chipset Market is projected to be valued at USD 2393.2 Billion by 2033, recording a CAGR of around 7.82% during the forecast period. The AI Chipset Market refers to the sector of semiconductor technology focused on the development and manufacturing of specialized chips designed to accelerate and optimize artificial intelligence (AI) processes. These chipsets are crucial for powering AI-driven devices and systems across various applications, from machine learning (ML) to deep learning (DL), computer vision, natural language processing (NLP), and more.

The AI Chipset Market is expected to grow at a rapid pace in the coming years, driven by the continued advancements in AI technology and the increasing demand for AI-powered solutions.

Segmental Analysis

The AI Chipset Market has been segmented based on Source, Technology, Function and End User.

Based on Source, the AI Chipset Market is segmented into GPU, CPU, FPGA, NPU, TPU, Dojo & FSD, Trainium & Inferentia, Athena ASIC, T-head, MTIA, LPU, Memory, NIC/Network Adapters, Interconnects and Network. The (CPU) segment is anticipated to dominate the market.

Based on Technology, the AI Chipset Market has been divided into Generative AI, Machine Learning, Natural Language Processing and Computer Vision. The Machine Learning segment is anticipated to dominate the market.

Based on Function, the AI Chipset Market has been divided into Training and Inference. The Training segment is anticipated to dominate the market.

Based on End User, the AI Chipset Market has been divided into Consumer and Data center. The Consumer  segment is anticipated to dominate the market.

Regional Analysis

The AI Chipset Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America dominates the AI chipset market due to early adoption of AI technologies, robust R&D infrastructure, and significant investments in AI hardware. Heavy investments in AI research and innovation by both private and public sectors and adoption of AI in autonomous vehicles, smart healthcare, and defense sectors. Europe is experiencing steady growth, driven by government initiatives for AI adoption and investment in AI infrastructure. Strong focus on Industry 4.0 and smart manufacturing and EU regulations promoting AI transparency and accountability. The Asia-Pacific region is the fastest-growing market for AI chipsets, with China, Japan, and South Korea at the forefront. China has emerged as a global leader in AI development, heavily supported by government initiatives like “Made in China 2025.” Rising adoption of AI technologies in consumer electronics, healthcare, and automotive sectors and Increasing investment in AI data centers and cloud infrastructure. The AI chipset market in MEA is still in its nascent stages but is gaining traction. The UAE and Saudi Arabia are investing heavily in AI technologies under national AI strategies abd Growing adoption of AI in smart city projects and oil & gas sectors. Latin America’s AI chipset market is growing steadily, driven by increasing adoption of AI in retail, healthcare, and financial services. Countries like Brazil and Mexico are leading the adoption curve. Investments in digital transformation projects and Growth in AI-powered fintech applications.

Evolve Business Intelligence has published a research report on the Global Travel Insurance Market, 2024–2034. The global Travel Insurance Market is projected to exhibit a CAGR of around 20.14% during the forecast period of 2024 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the global Travel Insurance Market: ALLIANZ, AMERICAN INTERNATIONAL GROUP INC., Assicurazioni Generali S.P.A., AXA, Insure and Go Insurance Services Limited, Seven Corners Inc., Trip Mate Inc., Travel Insured International, Travel Safe Insurance and USI INSURANCE SERVICES LLC.

Market Highlights

The Global Travel Insurance Market is projected to be valued at USD 143.85 Billion by 2034, recording a CAGR of around 20.14% during the forecast period. The Travel Insurance Market refers to the industry that provides insurance policies to travelers to cover a range of potential risks and unforeseen events during domestic or international trips. These insurance plans typically offer protection against trip cancellations, medical emergencies, lost luggage, flight delays, accidents, and other travel-related disruptions.

The market is driven by factors such as the rising popularity of travel (for both leisure and business), an increase in the frequency of travel-related risks, and growing awareness of the need for travel protection. The travel insurance market plays a crucial role in protecting travelers and ensuring their peace of mind while on the road.

Segmental Analysis

The global Travel Insurance Market has been segmented based on Coverage Type and Distribution Channel.

Based on Coverage Type, the Travel Insurance Market is segmented into Single trip and Annual multi-trip. The Annual multi-trip segment is anticipated to dominate the market.

Based on Distribution Channel, the global Travel Insurance Market has been divided into Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers and Insurance Aggregators. The Insurance Intermediaries segment is anticipated to dominate the market.

Regional Analysis

The Travel Insurance Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. The North American market, particularly the United States and Canada, is one of the largest and most mature travel insurance markets globally and there is a growing trend towards comprehensive policies that include trip interruption, health coverage, and cancellation protection. Europe has a diverse market with varying regulations and consumer behaviors across countries and Multi-trip and family travel insurance plans are popular, and there is an increasing focus on coverage for adventure and experiential travel. The Asia-Pacific region is witnessing rapid growth, driven by a rising middle class and increasing outbound tourism and Countries like China and India are seeing significant increases in travel, creating opportunities for insurance providers. The travel insurance market in Latin America is still developing but shows potential due to increasing travel activities and insurers are focusing on partnerships with travel agencies and airlines to promote insurance products. The Middle East and Africa have a fragmented travel insurance market, with varying levels of awareness and adoption and there is a growing focus on digital insurance solutions, especially in urban areas, to enhance accessibility and convenience for travelers.

Evolve Business Intelligence has published a research report on the Global Smart oilfield Market, 2024–2034. The global Smart oilfield Market is projected to exhibit a CAGR of around 5.14% during the forecast period of 2024 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the global Smart oilfield Market: Halliburton, China National Petroleum Corporation (CNPC), Baker Hughes, Honeywell International and Schlumberger, Kongsberg Gruppen, Microseismic, National Oilwell Varco, Paradigm, Petrolink, Redline Communications Group, Rockwell Automation and Shell.

Market Highlights

The Global Smart Oilfield Market is projected to be valued at USD 40.41 Billion by 2034, recording a CAGR of around 5.14% during the forecast period. A smart oilfield refers to an oilfield where advanced technologies, such as data analytics, sensors, automation, and real-time monitoring systems, are integrated to optimize oil and gas exploration, production, and management. The goal of a smart oilfield is to improve operational efficiency, enhance decision-making, and reduce costs and environmental impact.

This approach is sometimes referred to as digital oilfield or intelligent oilfield and is increasingly adopted to enhance productivity while managing the challenges of declining oil reserves and complex reservoirs.

Segmental Analysis

The global Smart oilfield Market has been segmented based on Solution, Process and Application.

Based on Solution, the Smart oilfield Market is segmented into hardware, software & service, and data storage solutions. The hardware segment is anticipated to dominate the market.

Based on Process, the global Smart oilfield Market has been divided into reservoir, production, and drilling optimizations. The production segment is anticipated to dominate the market.

Based on Application, the global Smart oilfield Market has been divided into Onshore and Offshore. The Onshore segment is anticipated to dominate the market.

Regional Analysis

The Smart oilfield Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America, especially the U.S., is one of the largest adopters of smart oilfield technologies. The region’s advanced technological infrastructure, high oil production (particularly in shale formations), and significant investments in digital transformation drive the adoption of smart oilfield solutions and the U.S. leads in innovation, particularly in automation, AI, and data analytics. With mature fields in places like Texas and offshore platforms in the Gulf of Mexico, the need for enhanced oil recovery (EOR) and cost optimization presents substantial opportunities for smart technologies. APAC is one of the fastest-growing regions in terms of energy demand, driven by rapid industrialization and population growth in countries like China and India. These nations are increasingly adopting smart oilfield technologies to maximize production from mature fields and complex offshore fields. Europe’s oil production is primarily concentrated in the North Sea, with Norway and the UK being key players. These countries are adopting smart oilfield technologies to manage mature offshore fields efficiently, using automation and digital monitoring to extend the productive life of assets and Europe’s focus on sustainability provides opportunities for smart technologies that reduce emissions and energy consumption. The integration of renewable energy sources with traditional oilfields is also emerging as a trend. Latin America is home to significant oil reserves, particularly in offshore fields in Brazil and Mexico. These countries are beginning to adopt smart oilfield technologies to boost production and optimize operations and Brazil’s offshore oilfields, particularly in the pre-salt layer, provide strong opportunities for deploying advanced technologies for deepwater exploration and production. Mexico, with its large oil reserves, is also investing in digital transformation.

Evolve Business Intelligence has published a research report on the Global Catalog Management Systems Market, 2024–2034. The global Catalog Management Systems Market is projected to exhibit a CAGR of around 9.47% during the forecast period of 2024 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the global Catalog Management Systems Market: IBM, Oracle, Coupa Software, AP, Servicenow, CA Technologies, Fujitsu, Comarch, Proactis and Salsify.

Market Highlights

The Global Catalog Management Systems Market is projected to be valued at USD 3.60 Billion by 2034, recording a CAGR of around 9.47% during the forecast period. The catalog management systems market refers to the industry that provides software solutions for creating, managing, and distributing catalogs. These catalogs can be physical or digital and are used by businesses of all sizes, from small retailers to large corporations.

The catalog management systems market is expected to continue to grow in the coming years, driven by the factors mentioned above. As businesses become increasingly reliant on catalogs to reach their customers, the demand for effective catalog management tools will only increase. The Catalog Management Systems Market is crucial for businesses aiming to streamline their product management processes and enhance their market presence.

Segmental Analysis

The global Catalog Management Systems Market has been segmented based on Type, Component, Deployment Type, Organization Size and Vertical.

Based on Type, the Catalog Management Systems Market is segmented into Product Catalogs and Service Catalogs. The Product Catalogs segment is anticipated to dominate the market.

Based on Component, the global Catalog Management Systems Market has been divided into Solutions and Services. The Solutions segment is anticipated to dominate the market.

Based on Deployment type, the global Catalog Management Systems Market has been divided into Cloud and On-Premises. The Cloud segment is anticipated to dominate the market.

Based on Organization Size, the global Catalog Management Systems Market has been divided into Large Enterprises and SMEs. The Large Enterprises segment is anticipated to dominate the market.

Based on Vertical, the global Catalog Management Systems Market has been divided into IT and Telecom, Retail and e-Commerce, BFSI, Media & Entertainment, Travel, and Hospitality. The BFSI segment is anticipated to dominate the market.

Regional Analysis

The Catalog Management Systems Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America is expected to remain a dominant region in the catalog management systems market, driven by the presence of large enterprises and a mature e-commerce market. The region is also home to several leading players in the market, such as Adobe, Oracle, and SAP. Europe is another important region for the catalog management systems market, with a large number of multinational corporations and a growing e-commerce sector. The region is also expected to benefit from the increasing adoption of digital technologies, such as mobile commerce and augmented reality. Asia-Pacific is a rapidly growing region for the catalog management systems market, driven by the strong economic growth of countries such as China and India. The region is also home to a large number of small and medium-sized enterprises that are increasingly adopting catalog management systems to improve their operations. Latin America is a relatively small market for catalog management systems, but it is expected to experience growth in the coming years, driven by the increasing penetration of e-commerce and the growing adoption of digital technologies. The Middle East and Africa are also expected to see growth in the catalog management systems market, driven by the increasing urbanization and the development of the e-commerce sector.

Evolve Business Intelligence has published a research report on the Global Secondary Ticket Market, 2021–2034. The Global Secondary Ticket market is projected to exhibit a CAGR of around 9.68%during the forecast period of 2021 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the Global Secondary Ticket Market: Coast To Coast Tickets LLC, CTS Eventim AG, and Co. KGaA, Ideabud Inc., Live Nation Entertainment Inc., SeatGeek Inc., Ticket City Inc., TickPick LLC, TiqIQ LLC, Viagogo AG, and Vivid Seats LLC.

Market Highlights

The Global Secondary Ticket Market size accounted for USD 2.86 Billion in 2023 and is estimated to account for 3.21 Billion in 2024. The Market is expected to reach USD 6.45 Billion by 2034 growing at a compound annual growth rate (CAGR) of 9.68% from 2024 to 2034. The Secondary Ticket market is also known as a resale market allows tickets to be resold through legal or illegal means. These tickets are purchased at their original price and then sold for a much higher rate ahead of the event. The events usually include concerts, theatres, and sporting games.  In this marketplace, there is a fluctuating price for tickets dependent on the demand they get. Commonly, when demand surpasses supply, ticket prices increase. When ticket supplies outweigh demand, prices typically decrease.

Segmental Analysis

The global Global Secondary Ticket market has been segmented based on Type,  Application

Based on the Type, the Secondary Ticket market is segmented based on Offline platforms and Online platforms. The Online segment is expected to have a significant market share and expand at a substantial CAGR during the forecast period. Buyers increasingly prefer buying secondary tickets online because the sites offer authentic tickets, which leads to the growth in online sales. Online ticket vendors offer attractive deals and discounts, and in case something goes wrong, they even refund the amount paid.

Based on Application, the global Secondary Ticket market has been divided into Sports Events, Concerts, Performing Arts, and Movies. The Sports Event segment is expected to hold the largest market share. In recent years, the expansion of the gaming industry, with games like soccer, cricket, and tennis among others, has helped fuel the growth in sports. Market factors such as an increase in fan base for certain games and individuals’ passion for these sports are also contributing to this phenomenon. The popularity of sporting events like ICC Cricket World Cup, Olympic games, Super Bowl, FIFA World Cup, IPL, and many more have increased overall ticket sales. As the number of fans increases in sports, major events like Wimbledon and Formula 1 serve as the main source of driving growth.

Regional Analysis

The Global Secondary Ticket market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America is expected to dominate the global Secondary Ticket Market over the forecast period due to the rising frequency of sports events, presence of key players, and early adoption of new technologies. For instance, Canada has a long history of hosting international sports events, including the Olympics, Pan American and Commonwealth Games, and a multitude of single and multi-sport world championships. Sports tourism is a $3.6 billion segment of Canada’s tourism industry and is the fastest-growing tourism segment. The increasing frequency of sports events is promoting the secondary ticket market in North America. As per the news published in December 2018, New York-based ticket commercial centers TicketIQ and TickPick have united to work together on innovation and distribution. The Asia-Pacific (APAC) region is experiencing the highest growth trend in the global Secondary Ticket market with China as the major contributor, along with Japan, South Korea, and India. Rapid improvement in technology is attributed to the growth of APAC’s secondary ticket market – in the past decade, rich graphics and animation in Chinese movies have attracted huge audiences nationwide. Additionally, the growing popularity of K-pop (Korean popular music), drawing audiences far beyond Korea’s borders into neighboring countries, has also attributed to this high growth trend. High-profile brands such as Viagogo, Ticketmaster, and Stubhub have all expanded their bases into APAC which contributes significantly to this growth of their region’s Secondary Ticket market over others worldwide.

Evolve Business Intelligence has published a research report on the Global Private Health Insurance Market, 2021–2034. The Global Private Health Insurance market is projected to exhibit a CAGR of around 5.12%during the forecast period of 2021 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the Global Private Health Insurance Market: Cigna Corporation, AIA Insurance Group, UnitedHealth Group Inc., Allianz SE, Zurich Insurance Group Ltd., Express Scripts Holding Company, AXA, Aviva plc, Aetna, Inc., Apollo Munich Health Insurance, and International Medical Group

Market Highlights

The Global Global Private Health Insurance market is projected to be valued at USD 607.2 Billion by 2034, recording a CAGR of around 4.41% during the forecast period. Employing health insurance will help protect one against the potential financial burdens that can come with a medical emergency. Coverage includes expenses such as ambulance fees and doctor consultations. It also covers hospitalization, medicines, and daycare proceedings. Generally, the reimbursement is calculated using the original medical bills or the estimated cost to diagnose a disease. Health insurance helps with financial protection, allows easy access to treatment at network hospitals, and provides a cashless option. Apart from this, health insurance also provides many tax benefits for a wide variety of medical conditions. Many health insurance providers are now providing coverage for at-home disease diagnosis and treatment. With follow-up care handled by a doctor in one of their offices, this method of service is cost-effective.

Segmental Analysis

The global Global Private Health Insurance market has been segmented based on Type, Network Providers, Demographics, End-Use

Based on the Type, the Private Health Insurance market is segmented based on Medical Insurance and Critical Illness Insurance. The Medical Insurance segment is anticipated to account for the large market share owing to the increasing adoption of a sedentary lifestyle, the surging obese population with multiple health issues, and rising accidental care expenses both in developed markets and emerging economies. The increasing prevalence of chronic diseases such as cancer, cardiac diseases, diabetes, and others would support greater growth in this niche market.

Based on the Network Provider, the Private Health Insurance market is segmented based on Preferred Provider Organizations (PPOs), and Point of Services (POS). The PPOs segment is anticipated to account for the large market share. PPOs are the most common health insurance plans as it’s possible to access a large network of providers with just one plan. They’re also marketed as providing “flexibility” when it comes to choosing your healthcare provider, so the policyholders don’t have to worry about choice paralysis. The POS segment held the second position owing to the low premiums compared to PPOs.

Based on Demographics, the global Private Health Insurance market has been divided into Minors, Adults, and Senior Citizens. The Adult segment is expected to hold the largest market share. Adults have a high risk of lifestyle diseases, which may make them more susceptible to health concerns in the future. Moreover, the population is becoming more prone to various diseases that require hospitalization. The Senior Citizen segment made the second-highest CAGR in the market for Private healthcare insurance. This is due to their increased vulnerability to chronic diseases which leads to an increased hospitalization rate.

Based on End-Use, the global Private Health Insurance market has been divided into Individual and Corporates. The Individuals segment is expected to hold the largest market share. The individual plans offer more benefits and thus provide much more value for the high premium. As a result, these plans are generally in higher demand and attract a lot of customers. Corporate insurance coverage is provided by the company but at a lower cost. This is because of its limited benefits while individual plans offer more comprehensive coverage. In addition, these types of insurance often become invalid once the employee leaves the job, making it difficult to guarantee the growth of this sector.

Regional Analysis

The Global Private Health Insurance market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The North American region holds a dominant position in the Global Private Health Insurance market. The North American market is expected to be a dominant presence in the Private Health Insurance market. The presence of significant Insurance providers in the region accounts for the region’s largest market share. Also, in the United States, it is mandatory to have health care coverage under the Affordable Care Act. If a state did not comply, it would be penalized by the federal government The Asia Pacific region is forecast to experience accelerated growth Private Health Insurance market growth over the next few years. This increase in health care spending would be largely due to an increase in public and private health expenditures, as well as the penetration of insurance services rendered to rural and urban centers, along with favorable government policies. Middle-class consumers in the developing countries in the region are increasing the demand for insurance. Insurance providers are focusing more on protection-based products with accident and health policies over fee-based products in the region.

Evolve Business Intelligence has published a research report on the Global Digital Content Market, 2021–2034. The Global Digital Content market is projected to exhibit a CAGR of around 12.63%during the forecast period of 2021 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the Global Digital Content Market: Activision Blizzard Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Baidu Inc., Comcast Corp., Microsoft Corp., Netflix Inc., Sony Corp., and The Walt Disney Co.

Market Highlights

The Global Digital Content Market size accounted for USD 25.63 Billion in 2023 and is estimated to account for 26.85 Billion in 2024. The Market is expected to reach USD 45.62 Billion by 2034 growing at a compound annual growth rate (CAGR) of 12.63% from 2024 to 2034. Digital content is any form of data, including text, audio, and videos. It can also exist in graphics, animations, and images though these are less common in this form. Digital content is often referred to as information that can be Distributed or downloaded online such as an ebook or iTunes song etc. Digital Content is also known as digital media. Digital content contains various forms of digital data such as information that can be streamed or contained in computer files.

Segmental Analysis

The  Global Digital Content market has been segmented based on Type, Application

Based on the Type, the Digital Content market is segmented based on Video Content, Game Content, Text Content, and Audio Content. The Video Content Segment is anticipated to account for the large market share. With the advancement in technology, the demand for video content is growing rapidly. OTT viewing is becoming more common and options have grown exponentially in recent years. This has helped transform the online content industry, with giants such as Netflix, and Amazon Prime providing unique service options. YouTube, known for its massive popularity among so many demographics, is growing into a TV service that can be used as a marketing tool by capturing the attention of recent consumers.

Based on Application, the global Digital Content market has been divided into Smartphones, Computes, Tablets, Smart TVs, and Others. The Smartphone segment is expected to hold the largest market share. Smartphones have become the most important device for digital content consumption. Smartphone users spend the majority of their time on digital content, and mobile advertising is now the most effective form of digital marketing.

Regional Analysis

The Global Digital Content market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America is expected to account for the highest Digital Content revenue in the upcoming years. One of the major reasons behind this huge revenue share is the prevalence of technological drastic change in the mobile application sector which high demand is due to launching advanced technology. In Education and telecom sector, North America is no doubt a leading region with enormous growth potential. The Asia-Pacific region is expected to become the fastest-growing market over the forecast period with the increasing presence of smart connections devices and smartphones. China and India are focusing on developing strong internet infrastructure, which will complement the increasing use of AI writers in the workplace across the region.

Evolve Business Intelligence has published a research report on the Global Crunchy Chocolates Market, 2021–2034. The Global Crunchy Chocolates market is projected to exhibit a CAGR of around 5.10%during the forecast period of 2021 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the Global Crunchy Chocolates Market: Mars Inc., Mondelez International, Ferrero Group, Nestle SA, Loacker Spa, Неrѕhеу’ѕ, Pierre Hermé Paris Lindt & Spruengli AG, Yıldız Holding, Maison Chaudun.

Market Highlights

The Global Crunchy Chocolates Market size accounted for USD 3.31 Billion in 2023 and is estimated to account for 3.68 Billion in 2024. The Market is expected to reach USD 4.10 Billion by 2034 growing at a compound annual growth rate (CAGR) of 5.10% from 2024 to 2034. Chocolate coating wafers generally contain a layer of chocolate and a filling such as honey, caramel, or butterscotch. In the era of interest in healthy snacks, manufacturers are producing crunchy chocolate bars which are not only tasty but also suit consumer demands. However, in addition to this, some customers might even add various ingredients such as nuts and fruits along with filling flavors like honey, caramel, and butterscotch to enhance the flavor. Hence, organic chocolate, vegan gluten-free chocolate, and energy bars are emerging as the most sought-after chocolate types around the world. “Crunchy chocolate” is applied to a variety of uses including drinks, desserts, and snacks. Its popularity as a food item that can be eaten with hands also contributed to its demand.

Segmental Analysis

The global Global Crunchy Chocolates market has been segmented based on Type, Distribution Channel

Based on the Type, the market has been segmented into bar segment and ball segment, toffee bites, truffles, and others. And bar segment contains half part of the market. Crunchy chocolate bars have been gaining significant popularity among users owing to their crispiness and it adds a spot of fun to the snack.

Based on distribution, the market has been segmented into supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others. Supermarkets and hypermarkets currently dominate the market and hold the largest market share.

Regional Analysis

The Global Crunchy Chocolates market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa Europe holds a dominant position in the Global Crunchy Chocolates Market. The Europe region of crunchy the market has the largest market share and leads industry growth. In 2020, Europe owned almost two-fifths of the crunchy chocolate market. The Asia-Pacific region has indeed emerged as the fastest-growing market for the Global Crunchy Chocolates industry. Asia-Pacific is the fastest-growing region with developing economies such as Singapore, China, and India driving this growth.