Cloud PRWire

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–News Direct– Cordiant Digital Infrastructure Management Chair Steve Marshall and Chief Financial Officer Mark Tiner speak to Proactive following the release of the company's interim results for the period ending 30 September. Tiner describes the performance over the period as solid. Despite adverse foreign exchange headwinds and increased underlying discount rates, the portfolio's EBITDA grew by 5.5% compared to the previous period. This growth supports a well-covered dividend, with EBITDA covering it 3.6 times annually and 1.2 times by adjusted funds from operations. Steve Marshall describes the past six months as exceptional in terms of operational performance. He mentions significant achievements such as acquiring new Digital Audio Broadcasting licenses in Poland, int...

Introduction: The global Smart Lock market is projected to witness substantial growth, with a forecasted Compound Annual Growth Rate (CAGR) of 14.6%. This surge is expected to propel the market from a value of US$3.3 billion in 2023 to US$8.5 billion by the end of 2030. Biometric authentication methods, including fingerprint recognition, facial recognition, and iris scanning, are at the forefront of enhancing security in smart lock systems. Compared to traditional methods like keys or PIN codes, these biometric modalities provide a higher level of security. Advances in biometric algorithms and sensor technologies play a crucial role in fortifying security measures, making unauthorized access increasingly difficult. The ongoing progress in biometric sensors and algorithms contributes to th...

Market Overview: The Global Energy Storage Market is forecasted to reach US$ 17.7 billion in 2023, with an expected overall energy storage demand growth rate of 15.8% CAGR between 2023 and 2033. By the end of 2033, the worldwide market for energy storage is projected to exceed a valuation of US$ 77 billion. In 2022, the global energy storage industry attained a valuation of US$ 14.9 billion, with continued high demand for energy storage equipment in commercial and industrial applications. The target segment is anticipated to thrive at approximately 15.6% CAGR from 2023 to 2033. Several factors contribute to the growth of the energy storage industry: The ongoing renewable energy revolution is likely to boost the energy storage sector. The shift towards electric and hybrid vehicles is expec...

Market Summary: The automotive turbocharger market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 7.8%, projecting a rise from a value of US$17.2 billion in 2023 to US$29.1 billion by the conclusion of 2030. These devices leverage exhaust gases to force more air into the combustion chamber, thereby increasing power output without a proportional increase in fuel consumption. The markets evolution is closely tied to the pursuit of cleaner and more fuel-efficient automotive solutions, spurred by stringent emission regulations and the global push towards sustainable mobility. In recent years, the market for automotive turbocharger sector has witnessed substantial expansion, propelled by a convergence of factors transforming the automotive landscape. Once relegated to niche ...

Market Overview: The global market size for the electronics conformal coating market industry was valued at US$1.0 billion in 2022. Sales of electronics conformal coating experienced a Compound Annual Growth Rate (CAGR) of 5.9% between 2017 and 2021. The market is projected to reach US$1.7 billion by the end of the forecast period (2022 to 2032), with a CAGR of 5.1% from 2022 to 2032. The growth of the electronics conformal coating market is attributed to the increasing demand for electronic devices across various industries, including automotive, aerospace, healthcare, and notably, the industrial and telecommunications segments. In terms of product type, the acrylic conformal coating segment is expected to exhibit moderate growth at a CAGR of 5.0% from 2022 to 2032. The industrial and te...

Market Overview: According to the latest market study published by Persistence Market Research, the Global Graphene Battery Market is projected to experience an impressive 39.5% Compound Annual Growth Rate (CAGR), increasing from a valuation of US$ 45.5 million in 2023 to US$ 1.27 billion by the end of 2033. The surging sales of electric vehicles (EVs) worldwide are a key driver for the growing demand for graphene batteries. Graphene batteries offer a solution to the limitations of energy density and prolonged charging periods associated with lithium-ion batteries. The graphene battery industry stands to benefit significantly from the global emphasis on sustainable transportation and the increasing demand for EVs. The rapid expansion of the energy storage sector is another significant fac...

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Market Overview: In 2022, the global vein illuminator market generated revenue of US$ 47.7 million. From 2023 to 2033, the market is forecasted to expand at a CAGR of 11.1% and reach a value of US$ 151.8 million by the end of 2033. A vein illuminator utilizes camera-assisted near-infrared (NIR) technology to aid in medical laboratory testing, requiring proper vein selection and invasive cannulation. This technology helps phlebotomists locate veins easily, preventing pre-analytical errors and patient discomfort. Various low-cost prototypes are currently in development, enhancing the effectiveness of this technology in diagnosing venous blood samples. Portable vein illuminators occupied a market share of 73% globally in 2022. Revenue from vein illuminator sales accounted for a 0.9% share of...

Market Overview: The newly released report by Persistence Market Research (PMR) on the connected vehicle cloud industry reveals that global sales in 2022 amounted to US$ 42.7 billion. With a projected CAGR of 13.3% from 2023 to 2033, the market is expected to reach a valuation of US$ 170.8 billion by 2033. The connected vehicle cloud market, used in embedded connectivity, is anticipated to be a significant revenue-generating product and is projected to surge at a CAGR of 12.7% during the forecast period from 2023 to 2033. Autonomous and connected vehicles are rapidly gaining consumer interest and are expected to become widely accepted during the forecast period. The newly introduced Advanced Driver Assistance Systems (ADAS) are projected to bridge the market gap between todays and tomorro...