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Global Smart Irrigation Industry to Witness Strong Growth Driven by IoT and AI Technologies

  The   smart irrigation market   is expected to reach USD 2.65 billion by 2030 from USD 1.59 billion in 2025, at a CAGR of 10.8% during the forecast period. A smart irrigation system is a technology that enables efficient and automated watering of landscapes, farms, and gardens by leveraging real-time data from sensors, weather forecasts, and environmental conditions. These systems optimize water usage by delivering the right amount of water at the right time, thereby reducing waste and improving crop health. Smart irrigation solutions are widely adopted in sectors such as agriculture, residential and commercial landscaping, golf courses, and turf management. The market for smart irrigation systems is experiencing significant growth, primarily driven by increasing global concerns over water scarcity, rising demand for sustainable agricultural practices, and advancements in IoT-based monitoring and control technologies. Additionally, government initiatives promoting water...
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HVAC Services Market Size, Share & Forecast: Key Insights to 2030

  The Report   HVAC services market   is projected to grow from USD 72.5 billion in 2025 to USD 97.9 billion by 2030, at a CAGR of 6.2% from 2025 to 2030. The global HVAC services market is growing steadily as aging building stock, rising urbanization, and stricter energy efficiency requirements increase the need for maintenance, retrofitting, and long-term operational support. The International Energy Agency reports that buildings account for ~30% of global energy consumption, prompting regulators to prioritize higher system performance and ongoing lifecycle servicing over one-time installations. Demand is particularly strong across commercial facilities, data centers, industrial sites, and healthcare environments where downtime and air quality requirements are critical. Additionally, growing adoption of heat pumps, VRF systems, and smart connected HVAC platforms requires specialized servicing and commissioning, further expanding recurring revenue opportunities. Digitali...
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Emerging Memory Technologies Transforming the Future of Semiconductor Storage

  The   next-generation memory industry   size is projected to grow from USD 6.2 billion in 2023 to reach USD 17.7 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 23.2% from 2023 to 2028. The growth of the next-generation memory industry is driven by growing adoption of next-generation memory solutions in automotive sector to handle evolving data and computational needs, and suring adoption of next-generation memories in smartphones and smart wearables. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=632 By technology, next-generation memory industry for MRAM is projected to hold the largest share of the market during the forecast period. The magento-resistive random-access memory (MRAM) segment held the larger market share in 2022. MRAM technology uses magnetic states for storing the data bits. This memory is well commercialized among next-generation non-volatile memory technologies. MRAM is one of ...
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Asia Pacific Emerging as the Fastest-Growing Region in the System-on-Chip (SoC) Market

  The   System-on-Chip (SoC) industry  is projected to grow from USD 138.46 billion in 2024 and is estimated to reach USD 205.97 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.3% from 2024 to 2029. The growth of the System-on-Chip (SoC) industry is driven with the increasing trend of SoC in automotive industry along with the adoption of IoT and connected devices that require SoCs to carry out real time processing. Moreover, the surging adoption of AI and machine learning technologies is likely to fuel the demand for system-on-chips. By core architecture, RISC-V is projected to grow at a high CAGR for system-on-chip industry during the forecast period The market for System-on-Chips (SoC) for RISC-V architecture segment is expected to grow at highest CAGR during the forecast period. The RISC-V architecture is bound to grow at a higher rate in view of the flexibility, cost, and scalability advantages it has over others, driving wide...
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Rising Demand for Real-Time Analytics Boosts Industrial Data Management Market

  The global   industrial data management industry   is expected to be valued at USD 105.10 billion in 2025 and is projected to reach USD 213.20 billion by 2030; it is expected to grow at a CAGR of 15.2% from 2025 to 2030. The industrial data management industry is growing significantly. It is fueled by several factors such as industrial automation, Industry 5.0, real-time data management, rising need for data analytics, and increasing focus of industries to improve efficiency, facilitate predictive maintenance, and simplify manufacturing processes. The widespread development of Internet of Things (IoT) devices in industries such as manufacturing & processing, BFSI, healthcare & life sciences also play a critical role. IoT devices require a reliable system to store, gather, and process data. In the energy sector, data management plays a crucial role in monitoring renewable energy systems, smart grids, etc. The report includes various end-use industries, such as ma...
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Rising Adoption of Voice-Controlled Devices Accelerates Home Automation System Market Growth

  The global   home automation system market   is projected to grow from USD 57.51 billion in 2026 to USD 80.73 billion by 2032, at a CAGR of 5.8% during the forecast period. Growth is driven by the increasing adoption of smart lighting, intelligent HVAC controls, connected security and surveillance systems, smart entertainment devices, and home energy management solutions across residential buildings and multi-dwelling units. Additionally, the rising consumer demand for convenience, enhanced security, remote monitoring, and energy efficiency is accelerating the deployment of integrated home automation platforms. The rapid proliferation of IoT-enabled devices, AI-based control systems, cloud connectivity, and voice assistant integration is further strengthening market expansion. Additionally, growing investments in smart city infrastructure, expansion of high-speed internet connectivity, and rising residential construction activity in emerging economies are supporting sus...
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Global Smart Agriculture Market Size, Share, and Growth Forecast to 2029

  The   Smart Agriculture market   is expected to reach USD 23.38 billion by 2029, up from USD 14.40 billion in 2024, at a CAGR of 10.2% from 2024 to 2029. The smart agriculture market is rapidly growing, driven by advancements in precision farming, IoT (Internet of Things) devices, AI-based analytics, and robotics. These technologies are being applied across various areas such as precision farming, livestock monitoring, precision aquaculture, and smart greenhouse farming. The smart agriculture market has been growing due to different factors. First of all, the rising need to enhance productivity and efficiency in farming has resulted from the increase in global food demand. The adoption of IoT sensors and drones for real-time monitoring of crops and livestock, thus providing a route for farmers to make data-driven decisions, is expected to be the next major driver. Finally, the growth of AI and machine learning into predictive analytics for weather forecasting, soil heal...
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