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Associated Press
16 hours ago
- Business
- Associated Press
Global Payments Market to Reach USD 5.30 Trillion by 2030, Says Mordor Intelligence
Payments market grows with digitization, e-commerce, mobile pay, and real-time tech. Trends: digital wallets, BNPL, contactless & mobile commerce. HYDERABAD, TELANGANA, INDIA, May 28, 2025 / / -- According to a 2025 report, payments market is projected to be valued at USD 3.16 trillion in 2025 and is anticipated to reach USD 5.30 trillion by 2030, growing at a CAGR of 10.88% during the forecast period from 2025 to 2030. The report covers the global payment market, segmented by mode of payment (POS and online sales), payment methods (card payments, digital wallets, cash on delivery, bank transfers, Buy Now Pay Later), end-user industries (retail, entertainment, healthcare, hospitality), and geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). It includes market size and forecasts in USD for all segments. The global payments industry is shifting decisively toward digital-first models, with governments, financial institutions, and consumers steadily embracing electronic alternatives to cash. As per the Mordor Intelligence report, global payment volumes continue to increase, driven by internet access, smartphone usage, and embedded finance models. Businesses are modernizing payment infrastructure to support seamless, real-time processing. Online commerce growth and the popularity of digital wallets are reducing reliance on traditional banking tools. Innovation Is Fueling Adoption According to Mordor Intelligence, technologies like NFC, QR payments, and tokenization are accelerating the shift to digital modes. Embedded finance and 'Buy Now, Pay Later' (BNPL) services are being widely adopted. Major payment networks and fintech firms are investing in scalable cloud-based platforms that enable efficient transaction processing. Government-backed instant payment systems are facilitating interoperability and speeding up settlement cycles. India's Payment Landscape Expands Rapidly India's payments market is forecasted to grow from USD 421.50 billion in 2025 to USD 960.22 billion in 2030, at a CAGR of 17.9%, according to Mordor Intelligence. The Unified Payments Interface (UPI) has become a national standard for digital payments, allowing easy peer-to-peer and merchant transactions. With increasing smartphone use, digital literacy, and regulatory support, cashless payments are becoming a daily routine in India. Read more about the India Payments Market: India Payment Gateway Market: Secure Processing Gains Ground India's payment gateway market is projected to grow from USD 2.07 billion in 2025 to USD 3.62 billion in 2030, with a CAGR of 11.89%, as per Mordor Intelligence. This segment plays a vital role in authenticating and processing online transactions. With increasing merchant onboarding and trust in e-commerce, more businesses are integrating robust gateways. This trend is particularly strong among small retailers shifting to omnichannel models. Get insights into the: India Payment Gateway Market Report Conclusion: The Payment Ecosystem Is Reaching New Heights The global and Indian payments markets are both witnessing structural changes that are fundamentally altering how individuals and businesses transact. With a steady push from digital transformation, the next five years are expected to see further integration between payments and daily life—from instant peer-to-peer transfers to AI-powered checkout experiences. India's strong CAGR and innovation in payment infrastructure make it a key market to watch. The momentum is clear: payments are not just going digital; they are becoming more intelligent, interoperable, and user centric. Read more about the Global Payments Market: About Mordor Intelligence: Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. Jignesh Thakkar Mordor Intelligence Private Limited +1 617-765-2493 [email protected] Visit us on social media: LinkedIn Instagram Facebook X Other Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Forbes
2 days ago
- Business
- Forbes
19 Hot Tools To Refresh Your Hair Care Routine
Getty Images With summer approaching, everyone is trying to look their best. Hot tools are a staple in many Americans' hair care routine; a 202 study from Mordor Intelligence found that 39 % of Americans own and use hair straighteners, while the hairbrushes and combs industry has a projected growth rate of 3% by 2029. 2014 Fortune Business Insights reported that 76% of women used hair dryers. The haircare industry is projected to reach $96.8 billion in 2025, with hair styling tools generating a revenue of $7.3 million in 2023. Hot hair tools are an everyday necessity for some, keeping their locs straight and in place, or a way to refresh their style with whimsical curls or waves. Many hot tools are on the market, designed with you and your hair in mind. BaBylissPRO Miracurl 3 Curl Machine The BaBylissPRO Miracle Curl Machine is an innovative and fresh way to curl your hair. It offers effortless curling in three different curl types—tight, regular, and loose—with extra-smoothing technology and a guaranteed 24-hour hold. Ditch the days of accidentally burning your fingers as you attempt to curl your strands, as the barrel is designed for easy insertion. At the same time, a brushless motor delivers effortless, whimsical curls without the risk of heat damage. Beachwaver Multi Barrel Achieve the ultimate curl with this iron from iconic Beachwaver. With three rotating attachments, this tool lets you formulate your curls to your taste. Choose the direction of your barrel while navigating three different curl sizes and a custom internal heater for even heat distribution. A beveled, no-kink clamp also guarantees longer-lasting curls for beautiful and fresh curls at the root. Bio Ionic Long Barrel Curling Iron For those with long locs, this curling iron is two inches longer than average, for effortless and flawless curling on all hair types. With temperatures reaching 430 degrees, the iron also comprises their signature Generating Mineral Complex, a blend of natural minerals directly into the tools that offer hydrating and frizz-free styles. Bime Beauty Curl Me Perfection Automatic Hair Curler This revolutionary tool has cut curling time and eliminated the accidentally burned hands and fingers of traditional curling irons. Designed to transform your hair from wet to dry, the PTC (Positive Temperature Coefficient) heating technology ensures rapid and consistent heat-up, reduces frizz, and has even heat distribution. Plus, a voltage range of 110 to 240V makes it the perfect accessory for traveling. Calista Triangl Pro Heated Detailer Brush This brush from Calista tackles frizzy hair while achieving the ultimate voluminous look. Innovative triangular-shaped plates help straighten, direct, flip, and de-frizz hair, while firm teeth help prevent tangles and creasing. Fusion Technology combines ionic and ceramic properties to add more shine so your hair can be at its best. Chi Lava AirGlam Multi Styler Known for its iconic hair care products, CHI has created a hot tool that performs equally. Achieve smooth results as the styling brush emits over 100 million negative ions for anti-static results, and offers three heat settings of airflow speed. A cool shot function lets you lock in your desired style, while four attachments allow versatility – choose from a voluminous blow-out effect or luxurious and bouncy curls. Conair InfinitiPRO Performa Series Ionic Ceramic Dryer Enjoy a tangle-free and salon-grade quality blowout with this dryer from Conair. The comb attachment easily glides through the toughest strands, creating a smooth and straight finish, while ceramic and ionic technologies work to reduce frizz and heat damage. As a bonus, a removable filter helps you keep the tool clean and protects its ease of use. Curlsmith De-Frizzion Dryer Look no further for any curly-haired person looking to achieve the perfect wash and go. This unique dryer is specifically designed to elevate and highlight your curls. Defrizzion technology helps reduce frizz for smoother and shinier hair, while an 8-inch diffuser provides fast and even drying time. Drybar Triple Shot Interchangeable Blow-Dryer Brush Customize your blowout with this tool from Drybar. The iconic hair brand's blowout brush has three interchangeable parts, allowing you to achieve the ultimate blowout with top-tier shine and little to no frizz. Three temperature settings and a lightweight wand make it comfortable for all and easy to use, while a combination of nylon and tufted bristles allows for exceptional tension and control. Dyson Corrale Styler Straightener Known for its iconic and luxury feel, the Dyson offers salon-grade straightening service from the comfort of your home. The cordless tool works to create fresh curls and waves, with flexing manganese copper alloy plates to help shape hair. Special technology allows for straighter hair, less frizz, and allows you to say goodbye to those pesky flyaways. Ion Luxe 8-In-1 Airstyler Pro Elevate your hairstyles with this styler from Ion. With nine interchangeable attachments, this styler can boast anything from a fresh blowout to beautiful, bouncy curls. Powered by air, the technology is designed to reduce frizz, while Coanda-effect technology dries & styles hair fast and effortlessly. Laifen Swift Special Hair Dryer This high-speed hair dryer is a solution for all your hair issues, in one. Define curls and waves with the diffuser nozzle, or stretch and straighten with the concentrator attachment for a silky and shiny blowout. This tiny but mighty dryer packs a punch with a 1,000-hour lifespan, making it ideal for those with thicker or longer hair. L'Oreal AirLight Pro Hair Dryer The beauty giant's newest invention, this hair dryer, offers a luxury experience for your locs. It is the first professional hairdryer with infrared light technology, dries hair 14% faster, and uses 11% less energy. The results? A sleek and shiny blowout without heat damage. Pattern Hair Dryer Named one of Oprah's favorite things of 2024, this hairdryer from Tracee Ellis Ross's haircare brand Pattern is designed with curls and coils in mind. The aesthetically pleasing nude color can easily match with any hair accessory, while four attachments are included to help you prep, stretch, and style your curls. It is equipped with a powerful AC motor that reduces dry time and an ion generator that smooths the cuticle to enhance natural curls. For those with thick hair, a dual-locking feature also means your attachment won't budge as you primp and prime your hair. RevAir Reverse-Air Hair Dryer The world's first-ever reverse air-dryer is designed with curly and coily hair in mind. Their unique technology allows a stretched blowout without the risk of heat damage and the hassle of a comb attachment used with a traditional blow dryer. It has a 70% faster drying time, while seven adjustable tension settings create less breakage and preserve the natural curl pattern. Shark Beauty FlexStyle Air Styling & Drying System Shark is known for its innovative beauty products, and the Flexstyle is no different. The drying system is customizable to your hair, with eight attachments allowing you to curl, volumize, or smooth your hair. Minimized heat exposure means no heat damage without sacrificing quality. T3 Smooth ID Flat Iron This iconic flat iron is known to deliver straight-to-the-point results, literally. Specially designed first-of-its-kind heat personalization shields hair from excess heat exposure, without compromising results. Powered by T3 HeatID technology, a smart algorithm adjusts heat to your unique profile based on your hair texture, length, and color treatments so that you get the silky, fresh finish you desire without compromising your roots. Trademark Beauty Cosmic Iron For an out-of-this-world straightening experience, look no further than Trademakrk Beauty's cosmic iron. Tourmaline ceramic plates ensure a swift, even heat distribution for a smooth and sleek finish while allowing you to crimp, curl, or straighten any which way. Tymo Ring Brush Known for their viral social media videos of straightening even the coiliest type four hair, the Tymo Ring Brush combines a brush and straightener. The unique model offers five temperature settings and 25 ceramic heating plates, making it suitable and safe for all hair types and adding volume to even the dullest hair. Anti-scald technology ensures your scalp stays intact while also reducing heat damage. If you're looking for a silky, smooth, silk-press style, look no further than this brush. These hot tools are guaranteed to bring out the best in your hair.
Hans India
21-05-2025
- Health
- Hans India
Don't Let Summer Steal Your Shine: Tips to Prevent Hair Fall and Scalp Stress
Summer is a time for sunshine and vacations, but it can also be tough on your hair. Often seen as a sign of good health and self-care, hair can suffer during the hotter months. High temperature, pollution, poor diet, and frequent styling can make hair dry, weak, and more likely to fall out. But it's not just the heat causing trouble, there's science behind the summer hair fall story. Experts say that in warmer months, more hair naturally enters a resting phase, which means it's getting ready to shed. That's why many people notice more hair fall by the time autumn rolls around. On top of that, changes in hormone levels during summer can also lead to extra hair loss and thinning, for both men and women. In today's fast-paced life, caring for your hair, especially in summer can feel challenging. But understanding what your hair needs and taking a holistic approach can help. Nutrients like biotin can offer an effective inside-out solution to tackle seasonal hair stress. Talking about it, Gautam Bali, MD and Founder, Vestige Marketing Pvt. Ltd. said, 'We are the only company in the industry to introduce Biotin in Sublingual Spray under the Absorvit family. With 90% absorption, it offers a smarter, more effective way to enhance hair health and balanced wellness from within. At Vestige, we continue to conceive innovative products that meet the evolving needs of today's consumers and empower them to take charge of their well-being in convenient and impactful ways.' With rising interest in smarter, more convenient wellness solutions, sublingual sprays have emerged as a game-changer in summer hair care. Vestige Prime Absorvit Biotin Sublingual Spray offers faster and more effective absorption, supporting stronger and healthier hair. Easy to use, travel-friendly, and suitable even for diabetic individuals, it provides a truly inclusive inside-out wellness solution. But real hair care doesn't stop there. External nourishment is also simultaneously important—especially in summer. Vestige's Assure Hair Care range, enriched with hair-loving ingredients across its oil, shampoos, conditioner, and serum, is designed to work in sync with internal nutrition. It helps reduce hair fall, restore moisture, and enhance natural shine delivering visible results at the scalp and strand level. This summer, combine smart nutrition with targeted care to build a complete, effective defence against hair stress. As consumers become more informed and intentional, the demand for smarter, season-proof hair care is rising. India's hair care market is expected to touch $8.93 billion by 2029 (Mordor Intelligence), with McKinsey projecting a 6% annual growth in the beauty space through 2028 driven by a clear shift towards holistic wellness and solutions that address seasonal concerns like summer-induced hair fall.
ME Construction
21-05-2025
- Business
- ME Construction
Luxe Developers sees increased demand for premium residences with co-working spaces
Property Luxe Developers sees increased demand for premium residences with co-working spaces By Research has shown a surge in demand for co-working spaces across the UAE, the market is projected to grow by 43% by 2029 The Luxe Developers has tracked a surge in demand for premium residences with integrated co-working spaces from high-net-worth investors. This trend is said to be driven by investors and professionals who value flexible and business ready living environments, transforming the luxury real estate landscape in the UAE. The latest research from Mordor Intelligence underscores the growing demand for co-working spaces in the UAE. The market is projected to experience 43% growth in value by 2029. Consequently, luxury residential developers are integrating business facilities within their properties, which allows residents to work from home without compromising on the luxury they expect. According to Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, 'Buyers are increasingly demanding luxury homes that incorporate excellent business and meeting facilities, particularly in their developments in Ras Al Khaimah. Traditionally, luxury residences have been associated with leisure and exclusivity. However, with remote work and global entrepreneurship on the rise, affluent buyers are now prioritising developments that support their professional needs as much as their lifestyle aspirations. Investors and professionals are no longer looking at luxury properties solely as homes or holiday residences; they want spaces that enable them to work efficiently while enjoying an ultra-luxurious lifestyle.' The Luxe Developers has launched two projects on Al Marjan Island, the company's flagship development, the sold-out Oceano, and the recently launched La Mazzoni. The latter is a fully furnished project that combines luxury with the contemporary, transient lifestyle of the UNHWI investor by crafting spaces that allow them to work efficiently without compromising on the elevated offering, said a statement. 'With La Mazzoni, we have designed fully furnished luxury residences that meet the demands of a new generation of global business leaders who expect top-tier co-working facilities within their private residence community. In addition to world-class amenities, we have carefully crafted co-working spaces inspired by nature to curate an environment that blurs the boundaries between personal sanctuary and a thriving entrepreneurial ecosystem,' added Agarwal. Siddharta Banerji, Managing Director and Co-owner, The Luxe Developers added, 'The future of luxury real estate is about creating homes that are more than just a place to live; they must cater to every aspect of modern life, including business and productivity. This is why La Mazzoni offers fully equipped workspaces alongside world-class leisure amenities. Integrated co-working spaces in La Mazzoni are built to foster networks where like-minded resident entrepreneurs, venture capitalists, and creatives can cross paths. Our co-working spaces are designed to inspire ideas and future collaborations. Ras Al Khaimah is no longer just a second-home destination; it is now the primary choice for modern investors seeking a lifestyle destination that offers the versatility of a personal retreat combined with a professional hub.' With the rapid expansion of co-working spaces in the UAE, Ras Al Khaimah is becoming a destination where business and leisure intertwine. This presents an opportunity for investors and entrepreneurs to acquire property that aligns with their lifestyle and professional aspirations. The emirate has established itself as an investment hub, offering developments, while maintaining a more serene and exclusive environment. According to market analysts, prices in the emirate have surged by up to 60%, fueled by investors and arrival of mega-developments.
CairoScene
17-05-2025
- Business
- CairoScene
Information & Communications Tech Market Surges to AED 192 Billion
Key drivers include deployment of 5G, enabling smart city projects such as Dubai's Smart City initiative, and AI integration. Apr 29, 2025 The information and communications technology (ICT) market in the UAE is forecast to expand from AED 191.68 billion in 2025 to AED 312 billion by 2030, a 10.29% compound annual growth rate, according to a Mordor Intelligence report. This growth is attributed to government-backed digital transformation strategies, including the National AI Strategy 2031, and rising demand for cloud computing, cybersecurity, and IoT solutions. Key drivers include the rapid deployment of 5G networks, enabling smart city projects such as Dubai's Smart City initiative, and AI integration across sectors like healthcare, finance, and transport. The report highlights contributions from multinational firms like Microsoft, Oracle, and IBM, alongside a surge in tech startups. AI is projected to contribute 14% to the UAE's GDP by 2030, with annual growth of 33.5% since 2018. 5G infrastructure supports advancements in autonomous vehicles, remote healthcare, and IoT applications, while cybersecurity investments align with increased digitisation. The UAE's strategic position as a regional tech hub continues to attract global enterprises and foster innovation. Market growth coincides with the UAE's aim to derive 50% of federal productivity gains from digital solutions by 2031.
