The global E-book market is set to reach USD 29.43 billion by 2024, primarily driven by the advancement in technology, the rising population of educated youth, increasing smartphone penetration across the globe, government policies promoting smart education, free accessibility, and e-book reader applications.
The global cellulose acetate market to reach 820.04 thousand tons by 2024, driven by the increasing consumption of cigarettes in developing nations and growth in the textile industry. Cellulose acetate tow is used as a filter in the cigarette buds. Cigarette filters are used to cut down the overall tar and nicotine content during cigarette consumption.
The global biosimilars market is expected to reach USD 13.1 billion by 2024 on account of an increase in the prevalence of chronic diseases such as cancer, diabetics, cardiac disorders, and autoimmune diseases. Rising demand for cost-effective therapies is expected to drive the market in the forecast period.
The global automotive infotainment market growth from 2014 to 2024 will depend on increasing demand technological advancement coupled with the rising disposable income of the population contributing to the huge demand for passenger cars and other vehicles are expected to play a vital role in driving market growth.
The global high-brightness LED market rising demand in rising consumer need for resource efficient and low energy lighting solutions is expected to play a vital role in the growth of the high-brightness LED market. Demand for these lighting solutions was highest in consumer electronics including laptops, TV backlight and smartphones to provide superior luminescence even in dark lighting conditions. The segment accounted for 56.3% of the market share in 2016 and is expected to continue its dominant trend over the projected period.
The global China bioprocess instruments market rising demand in a rising aging population and increasing prevalence of chronic diseases is expected to play a vital role in the growth of China bioprocess instruments market. Change in lifestyle & food consumption habits, and growing levels of air & water pollution have led to increasing occurrence of disease including obesity which has resulted in a rising number of patients diagnosed with cancer, heart disease, diabetes, and other chronic conditions.
The global cloud security market rising demand in data storage and curbing advances of cyber-attacks is expected to play a vital role in the growth of the cloud security market. Cloud identity & access management were widely used followed by email & web security owing to increasing demand for high-level security of data and identity security in organizations.
The global packaging additive market is anticipated to reach USD 1.01 billion by 2024. The increasing demand for the use of additives such as antimicrobial agents, antifog agents, and oxygen scavengers as a result of protecting the packed product such as food, beverages, and pharmaceutical from the external environment.