With the increasing focus of governments and EV manufacturers on investing in EV charging infrastructure, the market is expected to register a CAGR of 29% during the forecast period from 2023-2050. The revenue of the market is projected to increase from US$ 34.3 Bn in 2022 to US$ 33,284 Bn by the end of 2050.
The global vital signs monitoring devices market is projected to experience significant growth, with an expected increase in revenue from US$ 5,158.7 Mn in 2022 to US$ 8,592.1 Mn by 2031, at a CAGR of 5.8% during the forecast period of 2023–2031.
Global data annotation tools market is estimated to witness a major jump in revenue from US$ 1,545.4 million in 2022 to US$ 13,922.4 million by 2031. The market is projected to grow a CAGR of 31.1% over the projection period 2023–2031.
The Global Vehicle-to-everything (V2X) market is projected to experience a significant surge in revenue, growing from US$ 4.18 billion in 2022 to US$ 55.6 billion by 2031, with a compound annual growth rate of 36.1% during the forecast period 2023-2031.
Global hydrogen market is estimated to witness a rise in revenue from US$ 206.6 billion in 2022 to US$ 761.3 billion by 2040 at a CAGR of 7.5% during the forecast period 2023–2040. Moreover, in terms of volume, the market is projected to grow at the CAGR of 7.1% over the forecast period.
The global perovskite solar cells market is expected to witness tremendous growth in the coming years, with a projected compounded annual growth rate (CAGR) of 30.4% from 2023 to 2031. This is expected to result in a revenue of US$ 6,012.48 Mn by the end of 2031 up from US$ 563.3 in 2022.