The global smart mobility industry is set to increase from $43.6B to $102.5B by 2026, with a CAGR of 18.5% between 2021 and 2026, according to Velox Consultants.
The future is brimming with innovative ideas waiting to be realized across various industries such as BFSI, Retail and CPG, Health Tech, Cleantech, and Automotive. These sectors are set to define the latest trends for the new year.
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.