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High-Growth Industries with 25%-30% CAGR Growth Over the Next Five Years

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BCC Research Identifies Key Sectors with Substantial Growth Potential, Forecasting Significant Market Expansion Through 2029.

BOSTON, July 3, 2024 /PRNewswire/ — The Compound Annual Growth Rate (CAGR) measures how much an investment grows each year, on average, over a period. It helps to show the overall trend by smoothing out the ups and downs. Recently, BCC Research predicted that a certain industry would see significant growth in the future. According to their projections, this industry could grow by anywhere from 25% to CAGR to an incredible 30% in the coming years.

Global Markets for Artificial Intelligence in Drug Discovery -The global market for artificial intelligence (AI) in drug discovery is set to skyrocket from $1.6 billion in 2023 to an impressive $5.7 billion by 2028. This growth, at a compound annual growth rate (CAGR) of 29.6%, highlights AI’s transformative potential in revolutionizing how new drugs are developed and brought to market.

AI in Space Exploration: Global Market Outlook -This report delves into the innovative strategies shaping the global market for AI in space exploration was valued at $2.5 billion in 2022 and will reach $11.7 billion by 2028. It examines the evolving market dynamics and strategies for tapping into emerging markets and new geographies, outlining a forward-looking perspective on this high-tech sector.

Global Market for Anti-obesity Drugs – Focusing on the global market for anti-obesity drugs, this report provides a comprehensive analysis of market trends from 2022 and forecasts through to 2028 at an estimated $3.2 billion in 2023 and is projected to reach $11.3 billion by 2028, at an estimated CAGR of 28.9%. It offers valuable insights into the future growth and development of this vital healthcare segment.

Global Edge Security Market: Trends and Forecast (2023-2028) -The global edge security market, valued at $19.3 billion in 2022, is projected to grow to $83.6 billion by 2028, with a CAGR of 28.5%. This report explores the trends and forecasts driving this critical sector, essential for safeguarding digital infrastructure.

Hydrogen Engine: Global Markets -The market for hydrogen engines is on a robust growth trajectory, expanding from $2.6 billion in 2022 to $10.5 billion by 2028, at a CAGR of 26.8%. This report highlights the innovations and market drivers propelling the adoption of hydrogen engines.

3D Cell Cultures: Technologies and Global Markets– The global market for 3D cell culture is anticipated to grow from $4.6 billion in 2023 to $14.8 billion by 2028, with a CAGR of 26.5%. This report details the technological advancements and market trends fueling this significant growth.

Global Market for Cell and Gene Therapy -Expected to grow from $7.2 billion in 2023 to $23.3 billion by 2028, the cell and gene therapy market is expanding at a CAGR of 26.4%. This report provides insights into the factors driving this innovative and rapidly evolving field.

Natural Language Processing (NLP) -The global natural language processing (NLP) market is set to surge from $29.1 billion in 2023 to $92.7 billion by 2028, growing at a CAGR of 26.1%. This report explores the key trends and future prospects of NLP technologies.

Virtual Reality Technologies: Global Markets -The market for virtual reality (VR) technologies is expected to grow from $21.1 billion in 2023 to $66.9 billion by 2028, at a CAGR of 26.0%. This report examines the innovations and market drivers transforming the VR landscape.

Global Markets and Technologies for Nanofibers -The global market for nanofibers is projected to grow from $2.9 billion in 2023 to $9.4 billion by 2028, at a CAGR of 26.0%. This report provides an in-depth look at the trends and technologies propelling the nanofiber market forward.

Global AI Training Dataset Market– Covering the global AI training dataset market, this report offers an overview and detailed segment analysis. The market is projected to grow from $1.8 billion in 2022 to $6.9 billion in 2028, at a compound annual growth rate (CAGR) of 25.4% With 2022 as the base year, it provides market data estimates for 2023 and projections through 2028, highlighting the critical role of training data in AI development.

These reports collectively paint a vivid picture of the dynamic and rapidly evolving landscapes across various high-growth markets. Each offers a detailed analysis of the trends, challenges, and opportunities shaping the future.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

Contact Us
Corporate HQ: 50 Milk St. Ste 16, Boston, MA 02109, USA
Email: info@bccresearch.com,
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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SOURCE BCC Research LLC

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EY US unveils Brian Mandelbaum of Attain as an Entrepreneur Of The Year® 2025 Midwest Award finalist

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Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future

CHICAGO, April 22, 2025 /PRNewswire/ — Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Midwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hopeful tomorrow. The Midwest program celebrates entrepreneurs from Indiana, Illinois and Wisconsin.

An independent panel of judges selected Brian Mandelbaum among 29 finalists for their entrepreneurial spirit, purpose, growth and lasting impact in building long-term value.

Attain, co-founded by Mandelbaum, is the industry’s most trusted source for live purchase data, empowering marketers with real-time insights, audience targeting, and measurement solutions. Backed by over seven million opted-in consumers, Attain also provides modern financial services through its portfolio of consumer apps — allowing people to unlock savings, early wages, and rewards in exchange for permissioned data sharing.

“I’m honored to be recognized by EY alongside such an inspiring group of leaders,” said Brian Mandelbaum, CEO & Cofounder of Attain. “At Attain, we set out to build the most trusted and comprehensive consumer data ecosystem — one that empowers consumers and drives real results for brands. This recognition is a reflection of the belief our team, partners, and customers have in our mission to bring transparency, real-time intelligence, and accountability to the advertising industry.”

Entrepreneur Of The Year honors business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.

Regional award winners will be announced on Wednesday, June 11, during a special celebration in Chicago and will become lifetime members of an esteemed community of Entrepreneur Of The Year alumni from around the world. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh USA and SAP. In the Midwest, sponsors also include LaSalle Staffing, Inc. and Becker Professional Education.

About Entrepreneur Of The Year 
Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally.

The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

About EY
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

About Attain:
Attain is North America’s most comprehensive and trusted source for live purchase data. Backed by consumers, and designed for marketers, Attain delivers measurement, audience activation and analytics solutions to drive business outcomes. Consumers are empowered to leverage their greatest asset — their data — in exchange for modern financial services. Attain’s portfolio of apps allow consumers to access savings tools, early wages and shopping rewards without costs or hidden fees. In exchange, they give permission to use their data for research, insights and targeted advertising. For more information, visit attainoutcomes.com.

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SOURCE Attain

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ReturnQueen Partners with Poshmark to Help Shoppers Resell Past-Due Returns with Ease

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RAMSEY, N.J., April 22, 2025 /PRNewswire/ — ReturnQueen, the leading on-demand return pickup service, is thrilled to announce a new partnership with Poshmark, a leading fashion resale marketplace. This collaboration introduces a seamless resale option within the ReturnQueen app, making it easier than ever for shoppers to turn past-due returns into cash.

Through this partnership, ReturnQueen users who miss a retailer’s return deadline will now see a “Sell on Poshmark” option directly in the app. With just a few taps, they can create a Poshmark account -if they don’t already have one-, add a few details, and list their item for sale.

“At ReturnQueen, we’re always looking for ways to simplify the post-purchase experience for our users. By integrating Poshmark into our platform, we’re giving shoppers an easy way to turn past-due returns into cash instead of clutter. Plus, extending the life cycle of products through resale aligns with our commitment to more sustainable shopping solutions,” said Angela Blain, Head of Partnerships at ReturnQueen.

“We’re delighted to partner with ReturnQueen and give shoppers a convenient way to recover value from ineligible returns,” said Alison Lyness, Head of Business Development at Poshmark. “At Poshmark, we strive to empower our community to extend the life cycle of their items, while keeping resale simple and rewarding. By integrating with ReturnQueen, we’re transforming the frustration of missed return windows into fresh opportunities, and advancing our shared commitment to a more sustainable future.”

This integration aligns with both companies’ commitment to sustainable shopping by keeping unwanted items in circulation rather than discarded. Whether a shopper missed the return window by days or weeks, they now have an easy alternative that turns frustration into opportunity.

The new feature is now available to all ReturnQueen users.

About ReturnQueen

ReturnQueen is an on-demand return pickup service that takes the hassle out of returning online purchases. With scheduled home pickups, real-time tracking, and expert handling, ReturnQueen simplifies the return process for shoppers and retailers.

About Poshmark

Poshmark is a leading fashion resale marketplace powered by a vibrant, highly engaged community of buyers and sellers and real-time social experiences. Designed to make online selling fun, more social and easier than ever, Poshmark empowers its sellers to turn their closet into a thriving business and share their style with the world. Since its founding in 2011, Poshmark has grown its community to over 130 million users and generated over $10 billion in GMV, helping sellers realize billions in earnings, delighting buyers with deals and one-of-a-kind items, and building a more sustainable future for fashion. For more information, please visit www.poshmark.com, and for company news, visit newsroom.poshmark.com.

For media inquiries, please contact:

ReturnQueen: Ambria Destout Adestout@returnqueen.com

Poshmark: pr@poshmark.com

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SOURCE ReturnQueen

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Silicon Labs Announces First Quarter 2025 Earnings Webcast

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AUSTIN, Texas, April 22, 2025 /PRNewswire/ — Silicon Labs (NASDAQ: SLAB), the leading innovator in low-power wireless, today announced that it plans to release first quarter 2025 financial results on Tuesday, May 13, 2025. An earnings conference call will follow the release at 7:30 a.m. Central Time. The call will be streamed from the Investor Relations section of the company’s website at silabs.com.

A replay will be available after the call on the investor page of the company’s website at silabs.com. The replay will be available through June 12, 2025.

Silicon Labs

Silicon Labs (NASDAQ: SLAB) is the leading innovator in low-power connectivity, building embedded technology that connects devices and improves lives. Merging cutting-edge technology into the world’s most highly integrated SoCs, Silicon Labs provides device makers the solutions, support, and ecosystems needed to create advanced edge connectivity applications. Headquartered in Austin, Texas, Silicon Labs has operations in over 16 countries and is the trusted partner for innovative solutions in the smart home, industrial IoT, and smart cities markets. Learn more at silabs.com 

Note to editors: Silicon Labs, Silicon Laboratories, the “S” symbol, the Silicon Laboratories logo and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders. 

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SOURCE Silicon Labs

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