The global luxury apparel market is projected to reach a value of USD 106.10 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2030. This growth is primarily driven by several key factors, including a rising number of millionaires globally and a strong sense of brand loyalty among consumers. Many individuals associate luxury goods with greater...

The global GPU as a Service (GPUaaS) market is projected to reach USD 12.26 billion by 2030, growing at a CAGR of 22.9% from 2025 to 2030, according to a recent report by Grand View Research, Inc. This growth is being largely fueled by the increasing deployment of Artificial Intelligence (AI) and Machine Learning (ML) technologies across a wide range of industries. These technologies...

The Europe digital insurance market is projected to reach USD 128.14 billion in 2024 and is expected to grow at a remarkable compound annual growth rate (CAGR) of 33.5% from 2025 to 2030. The accelerating digitization of the European insurance industry is playing a pivotal role in driving this market expansion. Insurance companies across the region are increasingly adopting innovative...

The global cut flowers market is expected to reach USD 51.83 billion by 2030, with a compound annual growth rate (CAGR) of 4.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The cut flower market is experiencing significant changes driven by shifting consumer preferences and evolving market dynamics. One of the most notable trends is the growing use of cut...

The global video surveillance market is projected to reach USD 147.66 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.1% from 2025 to 2030, according to a recent report by Grand View Research, Inc. This growth is largely driven by an increasing demand for enhanced security solutions across various sectors, including businesses, educational institutions, and...

The U.S. flooring market is projected to reach USD 27.66 billion by 2030, according to a recent report by Grand View Research, Inc. This growth is expected to occur at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. The primary driver behind this growth is the expanding construction industry, which is experiencing a significant boost due to increasing public and...

The U.S. artificial intelligence market was valued at USD 42.0 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 25.6% between 2024 and 2030. This growth is driven by trends like multimodality and the increasing adoption of advanced technologies such as natural language processing (NLP), deep learning, and machine learning. Additionally, significant...

The global spa services market is expected to reach USD 147.11 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The spa services industry plays a crucial role in promoting both physical and mental well-being, contributing significantly to local and global economies. Countries like Italy,...

The global small modular reactor (SMR) market was valued at approximately USD 6.14 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2030. This growth is primarily driven by the potential of SMRs to offer more flexible and cost-effective solutions for nuclear power generation. SMRs are designed to be built in factories and shipped to...

The global renewable energy market is projected to reach a significant size of USD 3.60 trillion by 2030, according to a new report by Grand View Research, Inc. This market is expected to grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2030. A major driver behind this growth is the global push to reduce Greenhouse Gas (GHG) emissions. Governments worldwide have...