Latest Statistics on Scientific Research and Development Services Market

In 2021, the global scientific research and development services market reached $725.56 billion. However, it saw growth in 2022 to $817.06 billion. According to market research reports, the CAGR stood at 12.6%. And the expectation for growth in 2026 is $1154.1 billion at a CAGR of 9.0%. The market research concerning scientific research and development services provides information on regional shares, market segments, data, in-depth analysis of the present and future scenario of the involved industries, statistics on the services industry, market trends, competitors, opportunities, global market size, and market share.

The Electric Vehicle Market Significance and Expected Growth

2022-11-22 13:22:12

By : JSB Market Research

In : BLOG

The Electric Vehicle Market Significance and Expected Growth

In the forecast period of 2022 to 2030, the global electric vehicle (EV) market 2030 may grow to USD 1103.17 billion from USD 170 billion as figured in 2021. Thus, the expected CAGR is 23.1%. In the United States, EV sales in 2019 increased by 80%. The electric vehicle market value in the Asia Pacific region in 2021 was USD 121.7 billion. As for Europe, by 2040 estimation for greenhouse gas reduction is 40%, and by 2050, it is net zero. By 2030, the hybrid electric vehicle segment may go up to USD 301.67 billion. This is a huge jump from the stats seen in 2021 of a value of USD 77,581.7 million.

Drone Technology Analysis with Futuristic Scope and Use

2022-11-14 13:24:04

By : JSB Market Research

In : BLOG

Drone Technology Analysis with Futuristic Scope and Use

A drone is an unmanned automated, and mechanized vehicle that is usually operated by ground staff. It can perform various tasks and is not limited to the aerial horizon, but can work underwater, on the surface, and on the ground, while more are being explored to make full utilization of drone technologies. Drones pose several benefits over systems that are manned. This is why tech companies with even small and medium scaled companies are adopting drone technology to upscale their business. However, the government has allowed research on drone tech as it relatively does not endanger human lives, compared to the loss of lives on manned systems, and thus, we can expect a road ahead for the use of drones full-fledged in the future, the seeds of which are already being sowed.

The Oil and Gas Industry Analysis Now and Beyond

2022-11-03 11:57:59

By : JSB Market Research

In : BLOG

The Oil and Gas Industry Analysis Now and Beyond

The Oil and Gas (O&G) industry has seen several ups and downs in the recent past. However, it also saw record profits and a good amount of cash flow in 2022, which may follow the route in 2023 given new policies, the use of modern technologies , practical investment plans, and interest in cleaner energy for a better future. With a balanced equation in demand and supply, energy security, and natural gas attracting key players, underinvestment in energy may find a solution and open doors to positive statistics and energy transition.

Know How to Initiate a Successful Market Research Process

2022-09-22 10:37:36

By : JSB Market Research

In : BLOG

Know How to Initiate a Successful Market Research Process

A market research process is important for every business to get answers to the questions they have for their product and offering, collect data, input the research methodologies, interpret and analyze the information to get to the solution, and understand what needs to be done to position their service or product in a higher place for the audience and customers. In this post, we will take you through how to prepare and undertake a market research procedure for your needs.

Basics of SWOT Analysis and How You Can Benefit from It

2022-09-13 12:52:56

By : JSB Market Research

In : BLOG

For a business to succeed, a review of internal and external factors can help to gauge areas of improvement and chances. It can allow identification of problems and vulnerabilities, which you can learn and close the loopholes to, along with enhancement of strategies to give a strong background and future to your initiative. This is what the SWOT analysis is all about. It assists in understanding the strengths, weaknesses, opportunities, and threats to your plan.

Your Guide to Cryptocurrency Explained in Simple Words

2022-08-21 09:29:57

By : JSB Market Research

In : BLOG

Remember the ancient time, when the barter system was in vogue? Everything was paid on the basis of exchange for something. People would trade grains for utensils and likewise. Then came physical assets as a form of payment like precious gems and metals, replaced later on by paper money – the cash currency such as Dollars, Euros, etc. And in today’s world, though in a nascent stage yet budding up, cryptocurrency has stirred a storm in the financial and investment market.

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