The Global Surgical Robots market was valued at around US$ 6.5 Billion in 2021 and is expected to grow to US$ 16.6 Billion at a CAGR of more than 20% during the forecast period.
The manufacturing world is constantly changing, with continuous technological advancements (such as IIoT, 3D printing, cloud computing, AR/VR, etc.) coming their way.
The Metaverse is slowly transforming the retail and consumer industry's business models by combining physical and digital stores and campaigns.
The global sports economy is looking for different avenues and now turning towards metaverse to cover its loss due to COVID. The NFT Metaverses are gaining popularity in many sectors globally.
Velox Consultants predicts that the EV battery recycling industry will witness substantial expansion. The sector is expected to grow from $0.81 billion in 2021 to more than $10 billion by 2030, representing a compound annual growth rate of around 29% over the next ten years.
To reach near-zero carbon emissions by 2030, we need a balanced energy mix with natural gas and renewables, diverse technologies, and trillions of dollars in investments. This will lead to a sustainable future.
Electricity is expected to become the main energy source for transportation in the next 30 years. The global electric vehicle charging stations market is predicted to exceed $100 billion by 2026, with a growth rate of over 25% annually from 2021 to 2026.
The healthcare industry has undergone significant changes due to demographic shifts and a focus on preventative care. The Nordic region is at the forefront of this evolution, with its countries striving to provide outstanding healthcare to their citizens and establish themselves as pioneers in adopting healthcare technologies.
Velox Consultants predicts that the Robo-Advisors Market will have a Compound Annual Growth Rate (CAGR) of around 25.4% by 2025. These Robo-Advisors provide automated financial planning services that rely on algorithms and require little human oversight.
There is huge potential for FinTech investments and growth in Africa. This is due to various economic and demographic factors, such as the lack of developed financial infrastructure, an unbanked population of over 65%, and a higher global population growth rate.
India's cloud kitchen industry is set to surpass US$1 billion by the end of 2022. Indians order food significantly less frequently than other countries, with an average of 5-7 times per month compared to China (23), the US (30+), and Singapore (45-50).
A neobank is a type of bank that operates entirely digitally, without physical locations. It is primarily managed through mobile and web applications, offering a more personalized and user-friendly banking experience than traditional banks. However, the range of services offered by neobanks could be improved in comparison.