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Advancements in design & performance and a rise in e-commerce sales will lead to increased demand for personal computing

Procurement of personal computing services refers to the process of acquiring computers, related hardware, and software for individual use or within an organization. The global market size was estimated at USD 205.5 billion in...Read More »

April 2024

New technologies like IoT, AI/ML, and robots optimize natural gas supply chain monitoring and automation for companies

The procurement of natural gas is an essential part of ensuring a reliable energy supply. The global market size was estimated at 327.58 trillion in 2023. The increasing consumption from electricity and power sectors, focus on renewable energy, and the steady growth in global demand are driving the growth of the...Read More »

April 2024

Meetings and events market growth is driven by the rising globalization, trade exhibitions, conferences, and international gatherings

The procurement of meetings and events services is gaining momentum as businesses are looking for networking opportunities, collaboration, and experiential marketing strategies. The market is expected to grow at a CAGR of 4.1% from 2024 to...Read More »

April 2024

Growing demand for flexible designs and the rising importance of aesthetics will lead to increased demand for office furniture

Developing a strategic procurement plan for office furniture is crucial for two main reasons. First, to ensure that organizations procure good quality cost-effective office furniture that meets the requirements of employees and supports a productive work...Read More »

April 2024

MRO category’s growth is driven by the rising need to reduce equipment downtime

The maintenance repair & operations (MRO) category is expected to grow at a CAGR of 2.2% from 2024 to 2030. The increasing demand from the manufacturing industries, the high adoption of smart technologies, and the growing requirement to reduce equipment downtime are driving the category’s...Read More »

March 2024

Protection against legal action will lead to increased demand for outplacement services across the globe

The outplacement services category is anticipated to witness growth at a CAGR of 7.0% from 2024 to 2030. Global outplacement broadens the scope of regional outplacement programs to assist businesses with personnel dispersed over vast geographic...Read More »

March 2024

Rising demand from large corporations, and high demand for customized stationery will lead to increased demand for office supplies

The office supplies category is forecasted to grow at a CAGR of 2.1% from 2024 to 2030. In 2023, North America held the largest share of the global category, accounting for...Read More »

March 2024

High adoption of 5G network and growth in the business/enterprise subscriber base will lead to increased demand for Mobility - Voice and Data Services

The mobility - voice and data category is projected to witness growth at a CAGR of 6.5% from 2024 to 2030. In 2023, Asia Pacific accounted for the largest share (32%) of the global...Read More »

March 2024

Rise in industrial development and industrialization activities will lead to increased demand for Nitrogen across the globe

The nitrogen category is anticipated to witness growth at a CAGR of 9.9% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America and...Read More »

February 2024

Growing demand for round-the-clock deployment of security personnel and surveillance in commercial & residential complexes will lead to increased demand for manned guarding services across the globe

The manned guarding services category is anticipated to witness growth at a CAGR of 13.5% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America (with the fastest growth rate) and...Read More »

February 2024

Growing popularity of keeping all treatments transparent will lead to increased demand for Patient Engagement Solutions across the globe

The patient engagement solutions category is anticipated to witness growth at a CAGR of 17.7% from 2023 to 2030. In 2022, North America held a substantial share in the global category, followed by Europe and Asia...Read More »

February 2024

High technological adoption, increasing consumption of social media and digital content, and surge in programmatic media buying will lead to increased demand for Media Buying and Planning

The media buying and planning category is projected to witness growth at a CAGR of 5.2% from 2023 to 2030. In 2022, North America dominated the global category and held a share of 38% of the global...Read More »

February 2024

Demand for EV connectors and charging stations signals a shift to cleaner transportation

The electric vehicle charging connector category is expected to grow at a CAGR of 18.09% from 2023 to 2030. The increasing demand for charging stations reflects a shift towards cleaner and sustainable transportation...Read More »

February 2024

The development of long-term relationships between businesses with the aim of higher customer retention drives the category

Loyalty Programs Category - Procurement Intelligence, Loyalty Programs Supplier Intelligence, Supplier Ranking, Supplier Matrix, Pricing &, Cost Structure Intelligence, Best Practices, Engagement & Operation Model Analysis, Loyalty Programs Sourcing...Read More »

February 2024

In the translation industry, augmented reality (AR) and virtual reality (VR) are two of the most significant technological trends

The translation services category is expected to grow at a CAGR of 4% from 2023 to 2030. The two main sub-divisions include human-assisted translations and machine...Read More »

February 2024

The rise in battery demand is in turn boosting the demand for critical raw materials such as lithium, cobalt, and nickel

The electric vehicle battery category is expected to grow at a CAGR of 21.1% from 2023 to 2030. In 2023, the sales of BEVs and PHEVs surpassed those of hybrid electric vehicles (HEVs)...Read More »

February 2024

Increased attention to health by consumers, surge in demand for probiotic supplements, and rising usage of supplements to support physical activity are key growth drivers of this category

The vitamins & dietary supplements category is anticipated to witness growth at a CAGR of 8.5% from 2023 to 2030. In 2022, North America dominated the global category, accounting for 35% of the overall market share, followed by Europe and Asia...Read More »

January 2024

Growing amount of private equity funding for contract manufacturing will help household cleaners contract manufacturing companies across the globe to increase their operational & functional capabilities

The household cleaners contract manufacturing category is anticipated to witness growth at a CAGR of 11.0% from 2023 to 2030. In 2022, Asia Pacific held a substantial share of the global category, followed by North America and...Read More »

January 2024

High demand for sustainable materials and a growing focus on the use of recycled LDPE materials are aiding category expansion

The LDPE category is expected to grow at a CAGR of 4.63% from 2023 to 2030. The increasing demand for sustainable packaging materials in the polymers and plastics industry is driving the growth of low-density...Read More »

January 2024

Rise in e-waste due to technological advancements will lead to increased demand for Waste Management across the globe

The waste management category is anticipated to witness growth at a CAGR of 5.4% from 2023 to 2030. In 2022, Asia Pacific held a substantial share of the global category, followed by North America and...Read More »

January 2024