Global Industry Trends

According to the latest market research study published by P&S Intelligence, the global EMS market , valued at USD 45.2 billion in 2024, is poised for exponential growth, expected to reach USD 148.7 billion by 2032, advancing at a robust CAGR of 16.2% from 2025 to 2032. This unprecedented expansion is fueled by rising global energy demand, escalating utility costs, and the urgent need for energy-efficient and sustainable solutions across industries. Download free Report Sample Now EMS solutions empower organizations to monitor, control, and optimize energy usage, resulting in significant cost savings while enhancing operational efficiency. The integration of IoT-enabled devices, AI-powered analytics, and smart grid technologies is driving widespread adoption across commercial buildings, manufacturing facilities, and utility sectors. Governments worldwide are supporting EMS deployment to meet stringent environmental regulations and curb greenhouse gas emissions. The rise of rene...

According to the latest market research study published by P&S Intelligence, the U.S. contactless payment systems market is entering an era of unprecedented growth. Valued at  $15.2 billion in 2024 , the market is expected to reach  $53.2 billion by 2032 , achieving a  CAGR of 17.1%  during the 2025–2032 period. This growth is fueled by rapid technological advancements, evolving consumer preferences, and the widespread adoption of smartphones, wearable devices, and digital wallets. Download free Report Sample Now Contactless payment systems offer unparalleled convenience, allowing consumers to make transactions by tapping credit or debit cards at point-of-sale terminals, scanning mobile wallets like Apple Pay and Google Pay, or using smartwatches integrated with banking applications. The COVID-19 pandemic significantly accelerated the adoption of these solutions, as consumers and businesses alike sought hygienic, touch-free payment methods. According...

According to the latest market research study published by P&S Intelligence, the U.S. colocation market , valued at USD 22.2 billion in 2024, is poised for remarkable growth, projected to reach USD 58.8 billion by 2032, expanding at a CAGR of 13.1%. This surge is fueled by the exponential generation of data and the rapid adoption of advanced analytics to drive business efficiency. Download free Report Sample Now With the proliferation of IoT devices and cloud computing, organizations are producing unprecedented volumes of data. Businesses are increasingly turning to colocation solutions to store and manage this data efficiently. Colocation not only provides scalable storage and predictable pricing but also offers significant cost optimization, allowing companies to focus on core operations without heavy capital expenditure on IT infrastructure. Green and Efficient Data Centers Gain Momentum Sustainability is becoming a key differentiator in the colocation market. The industry...

The Saudi Arabian digital payments market, valued at  USD 1 billion in 2024 , is projected to expand at a  CAGR of 13.6% between 2025 and 2032 , reaching  USD 2.7 billion by 2032 . This remarkable growth is fueled by the rise in smartphone users, improved internet connectivity, robust government support, and greater adoption of digital wallets and contactless payment solutions. Download free Report Sample Now Market Snapshot (2024-2032) Parameter Data Market Size (2024) USD 1 billion Projected Market Size (2032) USD 2.7 billion CAGR (2025-2032) 13.6% Key Drivers Smartphone adoption, digital wallets, fast internet, SAMA support Download free Report Sample Now The adoption of advanced technologies such as AI and blockchain is enhancing transaction security, reducing fraud, and improving international accessibility. Furthermore, the...