Daily Market News

  The global cloud security market was valued at USD 35.84 billion in 2024 and is projected to reach USD 75.26 billion by 2030, expanding at a compound annual growth rate (CAGR) of 13.3% from 2025 to 2030. This substantial growth is primarily attributed to the rapid and widespread adoption of cloud computing by organizations of various sizes across the globe. As businesses increasingly migrate their operations, data, and applications to cloud platforms, the need to secure these digital environments becomes ever more critical. One of the primary drivers of this market is the escalating frequency and complexity of cyber threats specifically targeting cloud-based infrastructures. Notable data breaches, ransomware campaigns, and sophisticated cyberattacks have exposed the inherent vulnerabilities of cloud systems. These incidents have not only heightened corporate awareness but have also triggered stricter regulatory scrutiny, compelling enterprises to significantly incr...

  The global cloud FinOps market was valued at USD 13.40 billion in 2024 and is projected to reach USD 32.54 billion by 2033, growing at a compound annual growth rate (CAGR) of 11.0% from 2025 to 2033. This steady growth is largely driven by the increasing need for organizations to better manage and optimize their cloud-related expenditures. As more businesses transition to pay-as-you-go pricing models within cloud environments, they are discovering that while this model provides flexibility, it can also result in unexpected or uncontrolled costs. Consequently, companies are turning to cloud FinOps (Financial Operations) solutions to bring transparency, financial accountability, and efficiency into their cloud cost management processes. The surge in cloud adoption across various sectors including IT, telecom, BFSI, healthcare, and retail has led to a significant increase in the complexity of cloud billing and resource consumption. Organizations are now operating acro...

  The global cloud computing market was valued at USD 752.44 billion in 2024 and is projected to reach USD 2,390.18 billion by 2030, expanding at a compound annual growth rate (CAGR) of 20.4% from 2025 to 2030. This substantial growth is being driven by the rapid expansion of big data, artificial intelligence (AI), and machine learning (ML) technologies, which are placing increasing demands on businesses to process and store massive amounts of data quickly and efficiently. Cloud computing platforms provide the required scalable infrastructure, processing power, and on-demand storage that enable organizations to build, deploy, and manage AI/ML applications with ease. These platforms also offer integrated tools, libraries, and frameworks for AI/ML development, allowing enterprises to extract insights from large datasets, optimize operations through automation, and enhance business intelligence and productivity. As companies across industries adopt data-driven decision-...

  The global chillers market size was estimated at USD 10,328.8 million in 2024 and is projected to reach USD 13,457.0 million by 2030, growing at a compound annual growth rate (CAGR) of 4.6% from 2025 to 2030. This steady growth is primarily driven by the increasing demand for cost-effective and energy-efficient space cooling solutions across commercial and industrial sectors. As global temperatures rise and energy consumption becomes more regulated and scrutinized, organizations are turning to advanced chiller systems to ensure efficient temperature control while minimizing operational costs and environmental impact. The rising need for sustainable infrastructure and efficient HVAC (heating, ventilation, and air conditioning) systems in non-residential construction is further fueling demand. According to the U.S. Census Bureau, non-residential commercial construction spending increased by nearly 7% in 2024 compared to the previous year. Notably, manufacturing const...

  The global charging-as-a-service (CaaS) market size was estimated at USD 338.3 million in 2024 and is projected to reach USD 1,239.5 million by 2030, expanding at a robust compound annual growth rate (CAGR) of 25.0% from 2025 to 2030. This significant growth is largely driven by the rising adoption of electric vehicles (EVs) and the increasing need for accessible, scalable, and cost-efficient charging solutions. Charging-as-a-service provides a strategic and convenient approach for enabling EV infrastructure by offering a quick, user-friendly, and maintenance-free charging experience, both for the end-users and service providers. The CaaS model brings considerable advantages to EV charging service providers by eliminating the burden of high capital investment, ongoing ownership responsibilities, and operational complexities related to EV charging station maintenance. As electric mobility gains momentum across the globe, there is a concurrent rise in demand for publ...

  The global cereal bar market size was estimated at USD 17.88 billion in 2024 and is projected to reach USD 28.12 billion by 2030, reflecting a strong growth trajectory with a compound annual growth rate (CAGR) of 7.9% from 2025 to 2030. This expansion is primarily driven by the increasing global awareness surrounding health, nutrition, and wellness. As individuals become more conscious of how dietary habits influence overall health and long-term well-being, they are increasingly turning to healthier alternatives for their daily snacking needs. Modern consumers are no longer just looking for convenience in snacks they are actively seeking out food options that are both nutrient-rich and aligned with their specific dietary preferences, such as low sugar, gluten-free, vegan, or high-protein diets. In this context, cereal bars offer a practical solution by delivering essential nutrients in a compact, easy-to-consume format. Their portability and long shelf life further...