The beauty devices market is expected to grow at a CAGR of 18.8% during the forecast period from 2024 to 2032, starting from US$ 57.46 Bn in 2021. Consumers are nowadays are becoming more inclined towards using personalized beauty cosmetic range and connected beauty products are new trends in the cosmetics and wellness industries.
The rising demand from the oil & gas industry to lower the losses incurred due to corrosion is driving the global cathodic protection market. Cathodic protection is a technique to control the corrosion of a metal surface by making it a cathode of an electrochemical cell. Corrosion can destroy the integrity of infrastructure and regular patching of the damaged area may be simple but is found to be less effective in the long run. Eventual repairing of the infrastructure may add up to the cost of repairing.
The global zero-waste packaging market is rising immensely, anticipated to expand at a CAGR of 8.5% throughout the estimated period from 2024 to 2032, starting from US$ 1,878.3 Mn in 2021. The global zero-waste packaging market is majorly driven by the surge in the need for sustainable and biodegradable packaging solutions worldwide. The surge in the plastic waste generation coupled with growing environmental concerns across the globe are some of the major factors projected to enhance the global market demand during the forecast period.
The global secure USB drives market is growing tremendously, projected to expand at a CAGR of 23.9% during the estimated period from 2024 to 2032, starting from US$ 783.8 Mn in 2021. The global secure USB drives market is majorly driven by the rapidly growing digital content along with a surge in the adoption of cloud computing.
The bottled water hydration market is expected to grow at a CAGR of 7.3% during the forecast period from 2024 to 2032, starting from US$ 196.3 Bn in 2021. The demand for bottled water is rising to a great extent throughout the globe. As per the International Bottled Water Association (IBWA), most of consumers in the U.S. prefer bottled water over other packaged drinks.
The global optoelectronics market was stood at US$ 6.10 Bn in the year 2021 and expected to reach US$ 15.81 Bn by the year 2032, expanding at a CAGR of 11.2% during the forecast from 2024 to 2032. Significant disruptions in electronic devices over the recent past along with the rising trend of renewable energy sources has triggered the growth of optoelectronics market.
The soft skill management market will grow up to US$ 53,587.7 Mn by 2032 and is expected to grow at a CAGR of 12.5% during the forecast period from 2024 to 2032. Soft skills are defined as the attitudes, personality traits, habits, and behaviors of a person that is displayed by them during working with others.
A secure web gateway is a type of security solution which resists and prevents the unsecured data traffic from entering into the internal networks of an organization. Additionally, these gateways also provide protection against online security threats which are affecting a company’s security policies and filters malicious internet traffic in real-time.
Globally, the online project management software market is expected to grow with a CAGR of 13.7% during the forecast period from 2024 to 2032, starting from US$ 4,157.9 Mn in 2021. aWith the rise in the adoption of cloud-based software coupled with its ability to integrate and connect multiple systems, the global online project management market is growing at a rapid pace.
The global piezoelectric devices market accounted for US$ 30.3 Bn in 2021 and is anticipated to grow to US$ 40.11 Bn growing at a CAGR of 3.5% throughout the forecast period from 2024 to 2032. Increasing investments in research and development of piezo solutions by companies and research universities coupled with increasing application of piezoelectric devices in various end-use industry verticals such as healthcare, automotive and aerospace & defense among others are the major factors driving the growth of piezoelectric devices market.
