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...

The global property management software (PMS) market is expected to reach USD 9.68 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2030, as indicated by a recent report from Grand View Research, Inc. This growth is primarily driven by several key factors, including the widespread adoption of Software as a Service (SaaS) solutions for enhanced...

According to a new report by Grand View Research, Inc., the global plumbing fixtures market is projected to reach a valuation of USD 120.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is largely attributed to the increasing consumer inclination toward aesthetically pleasing and highly functional washrooms and kitchens. In...

According to a recent report published by Grand View Research, Inc., the global operational technology (OT) market is expected to reach a valuation of USD 364.74 billion by 2030. The market is projected to grow at a compound annual growth rate (CAGR) of 9.6% from 2025 to 2030. This anticipated growth is primarily fueled by the rising demand for robust OT security solutions, which has...

According to a recent report by Grand View Research, Inc., the global non-alcoholic beverages market is projected to attain a value of USD 1,997.25 billion by 2030. The market is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. This substantial growth is being driven by a noticeable shift in consumer behavior, as more individuals around the world...

According to a comprehensive study conducted by Grand View Research, Inc., the global military simulation and virtual training market is projected to reach a value of USD 18.75 billion by 2030. The market is forecasted to expand at a compound annual growth rate (CAGR) of 4.7% over the analysis period. This anticipated growth is largely driven by the increasing need for defense...