latest updates
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The aluminum category is anticipated to grow at a CAGR of 5.8% from 2023 to 2030. The Asia Pacific region accounted for the majority of the overall share in 2022. https://industrysurvey.wordpress.com/2024/05/31/aluminum-procurement-intelligence-insights-from-industry-experts/ [more]
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The database management systems category is expected to grow at a CAGR of 12.05% from 2023 to 2030. North America has the biggest category share and APAC is expected to be the fastest growing region during the forecast period. The growing adoption of advanced technologies is fueling the growth of database management systems (DBMS). https://industrysurvey.wordpress.com/2024/05/30/top-trends-shaping-the-database-management-systems-procurement-intelligence/ [more]
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The air freight services category is expected to grow at a CAGR of 6% from 2023 to 2030. In 2022, the Asia Pacific region accounted for 32.4% of the total category share. Robust demand for goods industry-wide due to a rise in e-commerce is driving the demand for cargo services. https://industrysurvey.wordpress.com/2024/05/30/air-freight-services-procurement-intelligence-unlocking-new-growth-opportunities/ [more]
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The electricity category is anticipated to grow at a CAGR of 8% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 1.79 trillion. Emerging and expanding economies in Asia are the driving forces for increasing growth. https://industrysurvey.wordpress.com/2024/05/29/powering-ahead-key-trends-shaping-the-electricity-procurement-landscape/ [more]
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The translation services category is expected to grow at a CAGR of 4% from 2023 to 2030. The two main sub-divisions include human-assisted translations and machine translations. Neural machine technology (NMT), which is still in the developing phase, is one of the major technologies in machine translation. https://industrysurvey.wordpress.com/2024/05/29/translation-services-procurement-intelligence-insights-for-smarter-sourcing/ [more]
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The clinical IT services category is expected to grow at a CAGR of 17.9% from 2023 to 2030. North America has the biggest category share with more than 50% and APAC is expected to be the fastest-growing region during the forecast period. https://industrysurvey.wordpress.com/2024/05/28/embracing-innovation-clinical-it-services-procurement-trends-to-watch-in-2030/ [more]
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The health and wellness management services category is expected to grow at a CAGR of 4.47% from 2023 to 2030. A McKinsey survey report conducted in 2021 found that 79% of consumers considered well-being to be of prime importance. https://industrysurvey.wordpress.com/2024/05/28/unlocking-the-key-insights-of-health-and-wellness-management-services-procurement-intelligence/ [more]
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The ammonia category is anticipated to grow at a CAGR of 5.4% from 2023 to 2030. Asia Pacific region dominated the category with more than 50% in 2022. https://industrysurvey.wordpress.com/2024/05/27/ammonia-procurement-intelligence-trends-and-insights/ [more]
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The outplacement services category is anticipated to witness growth at a CAGR of 7.0% from 2024 to 2030. Global outplacement broadens the scope of regional outplacement programs to assist businesses with personnel dispersed over vast geographic areas. https://industrysurvey.wordpress.com/2024/05/27/emerging-trends-shaping-the-future-of-outplacement-services-procurement/ [more]
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The disposable gloves category is expected to grow at a CAGR of 3.9% from 2023 to 2030. The North American region accounts for the largest category share, while the Asia-Pacific region is anticipated to be the fastest-growing region in the forecast period. https://industrysurvey.wordpress.com/2024/05/24/disposable-gloves-procurement-intelligence-a-roadmap-to-success/ [more]
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The employee benefits market is expected to grow at a CAGR of 4.5% from 2024 to 2030. North America accounts for the largest share of the category. The increased competition among employers to hire and retain talent along with increasing focus on maintaining work-life balance among employees are driving category growth. https://industrysurvey.wordpress.com/2024/05/24/insights-into-supplier-rankings-in-employee-benefits-procurement-intelligence/ [more]
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The vaccines category is anticipated to grow at a CAGR of 4.7% from 2023 to 2030. They can be classified mainly into six types – Live-attenuated, inactivated, sub-unit, toxoid, viral vector, and messenger RNA (mRNA) vaccines. https://industrysurvey.wordpress.com/2024/05/23/vaccines-procurement-pricing-models-exploring-the-dynamics/ [more]
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The global lab equipment category is anticipated to witness growth at a CAGR of 7.62% from 2023 to 2030. In 2022, the North America region accounted for 38% of the market share followed by Asia-Pacific and Europe. https://industrysurvey.wordpress.com/2024/05/23/unlocking-the-potential-of-lab-equipment-procurement-engagement-models/ [more]
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The clinical logistics category is expected to grow at a CAGR of 7.5% from 2023 to 2030. The North American region accounts for the largest category share. The surge in the number of clinical trials, increase in research and development practices of advanced health care infrastructure, the existence of biotech organizations, and worldwide drug discovery are driving the market growth. https://industrysurvey.wordpress.com/2024/05/22/driving-the-future-of-clinical-logistics-procurement-insights-and-strategies/ [more]
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The nitrogen category is anticipated to witness growth at a CAGR of 9.9% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America and Europe. In the upcoming years, North America’s share in the global market is anticipated to rise steadily, holding a substantial position in the industry. https://industrysurvey.wordpress.com/2024/05/22/supplier-intelligence-in-the-nitrogen-procurement-category/ [more]
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