Themes

Buy now, pay later (BNPL), also referred to as point of sale (PoS) installment loans, is a short-term financing option that enables consumers to spread out payments for purchases over a period of time. The increase in eCommerce activity during the COVID-19 pandemic brought along with it a strong interest in alternative spending options. BNPL, a sub...

The supply of adequate safe drinking water for the population is a key concern for governments and administrative bodies across the globe. In 2019, the Indian government launched Jal Jeevan Mission (JJM), a project aimed at providing a functional household tap water connection (FHTC) to every rural household in the country by 2024. As part of this ...

Technological advancements and growing dynamism within the NewSpace sector are changing consumer behavior and supporting the move from a space-to-space paradigm to a space-for-earth ecosystem. Macroeconomic shifts and more investment in high-risk ventures have accelerated innovation, increased competition, and augmented business strategies driven b...

This trend opportunity profile covers the global aspects of banking and financial services, featuring the most upcoming trends that cater to the BFS industry. In addition, the study describes the opportunities for several sectors, such as FMCG, retail, ICT, businesses, and financial services. Trend opportunity profile series covers specific opportu...

About 87% of enterprises believe that artificial intelligence (AI) and machine learning (ML) are important in achieving business goals centered around growing revenue, increasing operational efficiency, and boosting customer experience. However, where are global organizations in this journey and what are their adoption drivers and restraints This F...

Top growth opportunities in the Aerospace & Defense program area cover the commercial aviation, spacecraft, unmanned systems, and defense markets. Technologies and services often overlap, and industry participants will have opportunities with civilian and military customers in 2023. The commercial aviation industry is on the rebound, with increasin...

AI holds the potential to deliver significant benefits to economies and societies—from enabling new business models and driving operational efficiencies to providing accurate predictive outcomes. As AI technology implementation shifts gears—from the proof-of-concept stage to enterprise deployment—failing to implement an enterprise-wide AI str...

Continuous manufacturing (CM) is a method for manufacturing end-to-end pharmaceutical products on a single, uninterrupted production line. While batch manufacturing requires transporting, testing, and refeeding materials from one process to the next, continuous processes execute all testing, feeding, and processing inline at a single manufacturing ...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...