GMI Research
Consulting & Market Research
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Indonesia Cloud Computing Market size was estimated at USD 3.3 billion in 2024 and is slated to register a double digit CAGR of 19.1% over the period 2025-2032 and is projected to reach USD 13.4 billion in 2032 owing to accelerating adoption of cloud computing by the small and medium enterprises…
There has been an upsurge in the demand for cloud-based solutions and tools, particularly among the SMEs. Large organizations as well as small and medium enterprises are increasingly deploying cloud owing to its various benefits such as enhanced security, increased flexibility,…
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Saudi Arabia LED Lighting Market Size was valued at USD 1.1 billion in 2024 and is forecast to touch USD 2.2 billion in 2032, and the market is expected to grow at a CAGR of 9.1% from 2025-2032. The market growth is primarily driven by government initiatives aimed at enhancing energy efficiency,…
KSA is planning its economy by dependency on oil sector and to expand other sectors by investing on projects like Red Sea and Neom projects to raise tourism sector. Under Vision 2030, the government planned to build 200 smart cities and 400 automated factories in Saudi Arabia.…
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Saudi Arabia Refractories Market is forecast to add an incremental revenue of USD 126 million between 2025 to 2032 driven by the high demand for refractories across end use industries such as iron and steel, cement and petrochemical.
The key factors driving the growth of the Saudi Arabia refractories market includes increasing demand for high grade refractories across end use industries and rising government investment to transform from oil sector to non-oil sectors in KSA. Increased construction activities…
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As per the GMI Research forecasts, the major factors fuelling the growth of the augmented reality and virtual reality market are rising penetration of 5G, increasing number of mobile gamers, increasing number of internet and smartphone users. The market was estimated to be USD 22,500 million in…
The global AR & VR market is likely to experience a significant surge, with the growing number of smartphone users and mobile gamers across the globe. For instance, a report published by Gamespot in 2020 states that total spending on video games in the US during the Q2 of 2020…
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As per the GMI Research forecasts, the increasing refrigerated warehouse capacity across Asia-pacific countries like China and India is a major factor that has driven the cold storage market share. For instance, according to The Federation of Indian Chambers of Commerce & Industry, the warehouse…
The global cold storage market size is likely to experience strong demand for frozen food and increasing consumer acceptance due to the hectic lifestyle of the end-users. In addition, according to a report published by American Frozen Food Institute in 2020, 90% of consumers…
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As per the GMI Research forecasts, the rising government initiatives to promote cashless transactions and the growing penetration of smartphones and the internet are the two significant drivers that are contributing to the growth of the Middle East Digital Payments Market. The market was estimated…
The Middle East Digital Payments Market is likely to experience an upsurge in demand over the forecast period. The increasing number of smartphone users owing to the rising internet penetration is the major factor that is surging the market growth. For instance, according to…
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As per the GMI Research forecasts, the growth in the usage of the internet and increasing adoption of smartphones majorly across developing countries like India are some factors that are drastically increasing the demand for games in the market. Smartphone games have gone through the roof over the…
Increased internet and smartphone penetration across the developing economies is one of the significant factors driving the global gaming market growth. The adoption of smartphones and the flexibility for in-game payment methods have boosted the growth of the gaming industry.…
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As per the GMI Research forecasts, the strong growth for oil and gas demand has created enormous opportunities for well drilling activities across the globe, thereby positively impacting the oilfield chemicals market. The market was estimated to be USD 10,300 Million in 2020, while growing at a…
The oil field chemicals are the products used in the oil and gas industry, enhancing the efficiencies and effectiveness of the operations exploration and production on the oilfield site. The chemical compounds are majorly used in drilling, production, well stimulation,…
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As per the GMI Research forecasts, the growing demand for processed food stands to be one of the key market drivers in the India Food Flavor Market. The market was estimated to be USD XX Million in 2020 and is predicted while growing at a CAGR of 9% to 12% during the forecast period (2021-2028).
The share of the Natural food flavours is low as compared to the other flavouring types such as Artificial and Nature-Identical flavours because of the high price associated with the natural flavours. Hence, the food flavour manufacturers are also more inclined towards the…