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Pest Control Services Market is Estimated to Touch US$ 39.8 Bn Revenue During Forecast Period of 2022-32 Owing to Rising Environmental and Cleanliness concerns | Future Market Insights, Inc.

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NEWARK, Del, Oct. 24, 2022 (GLOBE NEWSWIRE) — The global pest control services market is expected to exhibit a healthy CAGR of around 6.2% over the assessment period from 2022 to 2032. The global market is anticipated to reach US$ 21.9 Billion by 2022 and is expected to surpass a valuation of around US$ 39.8 Billion in 2032.

The growth in the market is attributed to the growing residential and commercial pest infestations and IPM technology introductions are expected to surge the market demand for pest control services throughout the forecast period.

In order to maintain a clean environment in the home and garden, consumers are rapidly turning to organic and DIY remedies due to the rising concerns over toxic chemicals in pesticides. Collaborations with manufacturers and several biochemical and biotechnological institutions in order to develop organic and sustainable pesticides.

Pest prevention incorporates various aspects such as pest-proofing the home and treating pests prior to them becoming a problem which will prevent the pests from entering the home. Various reasons can contribute to the effectiveness of all-season pest control in the prevention of pest infestations.

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These apps assist the pest control service crews to save time and sweat by helping them to deal with practical pest control issues such as finding pests or keeping track of pesticides. In addition to that, pest control scheduling apps offer more accurate GPS-based dispatching and decrease payroll calculations in the office.

The organic pesticides segment is expected to account for about half of the total pest control services market over the period of the next decade with a predicted surge at about 7.7% CAGR owing to the surging awareness of the harmful effects of using chemical pesticides.

Key Takeaways

  • The utilization of advanced plant protection methods in well-managed farms results in more yield. In emerging economies such as India, there is a lack of awareness about the benefits of such technologies, which makes them less favorable to get adopted. It is known to be a novel approach to managing pests that allow farmers to detect diseases and pests in crops before they become a problem, so they can act on them sooner than they would otherwise. This makes farmers and the environment less at risk from pest control in the long run.
  • In order to identify pests and diseases, IPM can assist farmers to determine the affected crops, along with the type of solution that will be most suitable for them. With the assistance of artificial intelligence (AI), the advancements in the pest control market are able to generate accurate data about the pests and diseases that are present in fields through the use of predictive models based on a combination of machine learning and expert knowledge.
  • Timing acts as the most vital element when detecting pests in farms. These farms are able to predict infestations at a very early stage when they utilize effective IPM services. During growing seasons, these systems help minimize unprecedented pest outbreaks by monitoring the spread of pests and diseases around the world. In addition to that, IPM programs assist farmers and experts converse about pest control solutions by monitoring and observing plant health and pest lifecycles in real-time.
  • A steady market is witnessed over the assessment period owing to the surge in organic pest control services as they generated more revenue compared to the first half of the forecast period, primarily due to the increased purchase of pest control products by consumers and the increased prevalence of pests in homes during hot summers.
  • According to the historical analysis, pest control services garnered a total revenue of around US$ 20.7 Billion in sales in 2021. Development in the global pest control services market is expected to propel owing to the shift in consumer preference for pest control methods from traditional to organic methods.

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Competitive Landscape

Owing to the surging popularity of pests in residential and commercial spaces, various leading companies in the industry are providing premium pest control services. In addition to that, organic pest control services are offering to gain more traction owing to the wide range of production and distribution activities. Agricultural and residential pest control services are primarily using organic control, given the burgeoning number of chronic diseases.

Key Companies Profiled

Key players in the global pest control services market include Rollins, Inc., Rentokil Initial PLC, Anticimex, Cook’s Pest Control, Inc., ABC Home & Commercial Services, Animal Pest Management Services, Inc., Lloyd Pest Control, Green Earth Pest Control, LLC, Aptive Environmental, LLC,Home Paramount Pest Control, LLC, Dodson Pest Control, Environmental Pest Service, LLC, Truly Nolen of America, Inc., Florida Pest Control & Chemical, Massey Services, Inc., Arrow Exterminators, Ecolab, Inc., Green Pest Solutions, Apex Pest Control, Inc., Hulett Environmental Services, Plunkett’s Pest Control, Senske, Inc., PestRoutes, Crop Defenders, and PestPac.

More Insights into the Pest Control Services Market

Pest control services are anticipated to grow at an impressive rate in the North American region. According to recent estimations, the North American region is predicted to grow at a compound annual growth rate of 5.2%. As residential and commercial spaces in the region become more and more closed, it is expected that the market for pest control services in the region will grow as well.

Europe is anticipated to account for the largest share of the pest control services market as it possesses a total revenue of about 19.5% by 2032. Increasing awareness of pest-borne diseases is expected to drive the growth of the European pest control services market.

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Key Segments Profiled in the Global Pest Control Services Market

Pest Control Services by Product:

  • Insecticides
  • Rodenticides
  • Other Chemicals
  • Mechanical
  • Other Products

Pest Control Services by Service Type:

  • Chemical Control Services
    • Organic
    • Synthetic
  • Mechanical Control Services
  • Other Pest Control Services

Pest Control Services by End-User:

  • Residential
  • Commercial and Industrial
  • Agricultural

Pest Control Service by Application:

  • Rodent Control
  • Insect Control
  • Wildlife Control
  • Other Applications

Pest Control Services Market by Region:

  • North America Pest Control Services Market
  • Latin America Pest Control Services Market
  • Europe Pest Control Services Market
  • East Asia Pest Control Services Market
  • South Asia Pest Control Services Market
  • Middle East and Africa (MEA) Pest Control Services Market

Table of Content

1. Executive Summary

    1.1. Pest Control Services Market Outlook

    1.2. Summary of Key Statistics

    1.3. Summary of Key Findings

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Scope

3. Key Market Trends

    3.1. Key Trends Impacting the Market

        3.1.1. Increasing deployment of digital pest control

        3.1.2. Technology advancement in Pest Control service

        3.1.3. Rise in Restoration and Cleaning in Residential, Commercial and Agriculture

        3.1.4. Pest infestations may damage a home or business

        3.1.5. Increase in usage of organic pest control services

    3.2. Product Innovation Trends

To Continue TOC…         

Explore FMI’s Extensive Ongoing Coverage on Services and Utilities Domain   

Personal Fitness Trainer Market Trends:  The global personal fitness trainer market size is estimated to be valued at US$ 39,740.0 Mn in 2022, and is projected to surpass a valuation of US$ 63,800 Mn by 2032. 

Handyman Service Market Analysis: The global Handyman service market size was valued at around US$ 339.0 Mn in 2022 and is anticipated to reach a value of US$ 1.65 Bn in 2032. The market is set to grow at a strong CAGR of 17.2% through 2032.

Agri Natural Enemy Pest Control Market Size: As per newly released data by Future Market Insights (FMI), the agri natural enemy pest control market is estimated at USD 16.6 billion in 2022 and is projected to reach USD 25.1 billion by 2029, at a CAGR of 5.0% from 2014 to 2021. 

Power Conditioning Services Market Share: The Power Conditioning Services Market is likely to hold the global market at a moderate CAGR of ~4% during the forecast period. The global market holds a forecasted revenue of ~US$ 16.8 Billion in 2022 and is likely to cross ~US$ 24.87 Billion by the end of 2032.

Logistics Outsourcing Market Value: The Logistics Outsourcing Market is likely to hold the global market at a moderate CAGR of ~4.5% during the forecast period. The global market holds a forecasted revenue of US$ 986.4 Billion in 2022 and is likely to cross US$ 1,521 Billion by the end of 2032.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us         

Future Market Insights Inc.          
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T: +1-845-579-5705          
For Sales Enquiries: [email protected]

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Artificial Intelligence

Innodisk Introduces iCAP Air: Advancing Air Quality Management through Autonomous Decision-Making

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TAIPEI, May 3, 2024 /PRNewswire/ — Innodisk, a global leader in AI solutions, has taken a pivotal step forward in environmental sustainability with the launch of its latest innovation, the “iCAP Air” air quality management solution. This solution empowers businesses worldwide to enhance air quality, sustainability, and human health. Additionally, business can benefit from monthly AI-generated air quality data report, providing valuable insights for informed decision-making.

Leveraging its expertise in edge computing and software and hardware integration, along with the expertise of its subsidiary Sysinno in air quality detection, Innodisk has achieved the development of the “iCAP Air” air quality management solution. This solution integrates advanced technology, including the innovative “iAeris7” air quality detector from Sysinno, to deliver accuracy in detecting temperature, humidity, fine suspended particles (PM2.5), suspended particles (PM10), carbon dioxide (CO2), formaldehyde and total volatile organic compounds (TVOC). It can also be customized to detect NO2, SO2, CO, NH3, and other air factors. At the same time, the iAeris7 device is known for its reliability, patented technology, and various international certifications, including those from SGS and FCC/CE/RoHS/NCC/BSMI.
The solution also includes the “iCAP Air Server,” designed to manage large-scale deployment and data from up to 100 air quality detectors, ensuring seamless integration and efficient operation, even in complex environments. Additionally, iCAP Air provides a user-friendly air quality management platform, enabling organizations to monitor air quality in real-time via a mobile app or internet browser, receive automatic alerts, and optimize air purification or exhaust ventilation system.
iCAP Air is a comprehensive solution that simplifies air quality management for users. It is tailored for medium to large-sized sites or densely populated, enclosed spaces such as medical institutions, smart manufacturing facilities, public transportation hubs, indoor parking facilities, and department stores. Innodisk’s “iCAP Air” air quality management solution represents a milestone for all businesses committed to leveraging technology for the greater good of air quality and society.
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Artificial Intelligence

Bitrue expands Bitcoin Runes Offerings with GPTV Listing and Staking Options

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VICTORIA, Seychelles, May 3, 2024 /PRNewswire/ — Leading digital asset exchange Bitrue continues its community-driven approach with the listing of a new Bitcoin Runes token, GPTV•AI•PEPE•KING (GPTV). This follows the recent addition of several other Bitcoin Runes tokens to the platform, including SATOSHI•NAKAMOTO (SATOSHI), LOBO•THE•WOLF•PUP (LOBO), RSIC•GENESIS•RUNE (RSIC), and DOG•GO•TO•THE•MOON (DOG). Trading for the GPTV/USDT pair commenced on April 30th, 2024.

What is GPTV?
GPTV is the native token of AI PEPE KING, a project claiming to be the “largest AI Meme Community” with a presence on both the Polygon (AIPEPE) and Bitcoin Runes (GPTV) blockchains. Notably, AI PEPE KING secured a $10 million investment to develop AI-powered customer service tools leveraging the ChatGPT technology. Additionally, they are building a “Dream Lottery” system. Revenue generated from these products is earmarked for buybacks and burns of both AIPEPE and GPTV tokens, potentially influencing their long-term value.
Staking Opportunities with Attractive Yields
Bitrue is also offering users staking opportunities for those holding BTR, AIPEPE, RSIC, or DOG tokens. By staking their holdings, users can earn rewards in GPTV, with estimated annual percentage yield (APY) varying on the staked token, with BTR offering 22.15%, AIPEPE at 23.18%, RSIC boasting a higher 31.37%, and DOG coming in at 23.62%. These yields present a potentially lucrative opportunity for users to grow their cryptocurrency holdings, but also come with financial risk and the potential for investment to return much lower yields.
Bitrue’s Focus on Community Engagement
The listing of these Bitcoin Runes tokens is a testament to Bitrue’s commitment to its user base. The decision to add these tokens stemmed from a community poll conducted through an X poll on Bitrue’s X account. This highlights the exchange’s dedication to incorporating community feedback into its decision-making process, fostering a sense of collaboration and shared interest.
With the addition of GPTV and the introduction of staking opportunities, Bitrue continues to expand its offerings for users interested in the burgeoning world of Bitcoin Runes tokens. The exchange’s focus on community engagement further strengthens its position as a platform that prioritizes user input and satisfaction.
About Bitrue
Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. With offices in Asia and Europe, the business continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.
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5G Enterprise Market Projected to Reach $115.81 billion by 2030 – Exclusive Report by 360iResearch

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PUNE, India, May 2, 2024 /PRNewswire/ — The report titled “5G Enterprise Market by Equipment (Distributed Antenna System, Radio Node, Service Node), Organization Size (Large Enterprises, SMEs), End User – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $17.30 billion in 2023 to reach $115.81 billion by 2030, at a CAGR of 31.20% over the forecast period.

 
“The Pivotal Role of 5G Technology in Enterprise Evolution”
The advent of 5G technology marks a transformative era for businesses worldwide, offering exceptional speed, reduced latency, and enhanced connectivity that promise to elevate operational efficiency and digital innovation across various sectors. From enabling precise real-time monitoring and predictive maintenance in manufacturing to advancing telemedicine and seamless data collaborations in healthcare, 5G stands as a cornerstone for future advancements. Its pivotal role is revolutionizing transportation by supporting autonomous vehicles and smart infrastructure, significantly elevating safety and efficiency. The surge in 5G enterprise adoption is fueled by the growing need for robust and swift network connections to accommodate an increasing array of Internet of Things (IoT) devices and applications. Challenges include the substantial upfront costs associated with 5G infrastructure and concerns over data security. The potential for 5G to spur innovation is immense, mainly through the development of 5G-as-a-Service (5GaaS) and its synergy with cutting-edge technologies such as edge computing and artificial intelligence. Regionally, North America is major in adoption, supported by significant telecom investments, while the European Union’s concerted efforts bolster 5G integration across industries. The Middle East’s ambitions to become a significant region globally in 5G through smart city and industrial automation investments distinguish it. In contrast, the APAC region’s rapid growth is supported by early adoption and extensive government support, particularly in South Korea, China, and Japan. Thus, 5G is set to redefine enterprise operations, driving innovation and enabling smart solutions globally, heralding a new chapter in digital transformation for industries worldwide.
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“5G’s Role in Advancing Industry 4.0 and Digital Innovations”
In today’s fast-evolving digital age, the seamless integration of cutting-edge technologies such as artificial intelligence (AI), the Internet of Things (IoT), and blockchain into everyday business operations is becoming increasingly crucial. This integration is driving a significant surge in the need for uninterrupted, high-speed network coverage across various sectors. As technologies become more affordable and their performance enhanced, their adoption in both private and public sectors is witnessing a remarkable increase, paving the way for innovative payment solutions and digital currencies. This transformation reshapes diverse commercial landscapes, including entertainment, journalism, advertising, and retail. Consequently, the demand for 5G connectivity is escalating, recognized for its capability to deliver speeds of 15 to 20 Gbps, connect a vast array of devices, and facilitate the creation of virtual networks tailored to specific needs. Moreover, as Industry 4.0 propels manufacturing into the digital era with its emphasis on automation and digital technologies, the role of 5G in supporting these advancements becomes indispensable. By enabling faster connectivity for AI, data analytics, IoT, blockchain, and machine learning applications, 5G is at the forefront of improving operational efficiency and flexibility in the manufacturing sector, setting the stage for the exponential growth of the 5G enterprise market.
“The Integral Role of Radio Nodes, DAS, and Service Nodes in Enhancing 5G Networks”
In the rapidly evolving world of 5G networks, the harmonious functioning of radio nodes, distributed antenna systems (DAS), and service nodes plays a pivotal role in ensuring uninterrupted, high-speed connectivity across diverse environments. Radio nodes, vital for facilitating direct communication between devices, including smartphones and tablets, ensure the seamless execution of critical radio functions such as modulation and demodulation. They shine especially in areas where a robust, reliable connection is paramount, catering to the needs of densely populated zones. DAS is used in complexes such as stadiums and large buildings, working behind the scenes to boost wireless coverage through a network of strategically placed antenna nodes. This ensures that every corner is connected, enhancing user experience in challenging architectural layouts. Meanwhile, service nodes are the backbone of network management, orchestrating essential functions, including user authentication and mobility management, enabling smooth delivery of services throughout the 5G ecosystem. These components overcome physical and technological hurdles and lay down the infrastructure critical for delivering the next generation of wireless connectivity.
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“Telefonaktiebolaget LM Ericsson at the Forefront of 5G Enterprise Market with a Strong 16.19% Market Share”
The key players in the 5G Enterprise Market include Huawei Technologies Co., Ltd., Deutsche Telekom AG, Nokia Corporation, Telefonaktiebolaget LM Ericsson, AT&T Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the 5G Enterprise Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the 5G Enterprise Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive 5G Enterprise Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/5g-enterprise
“Dive into the 5G Enterprise Market Landscape: Explore 181 Pages of Insights, 298 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket Insights5G Enterprise Market, by Equipment5G Enterprise Market, by Organization Size5G Enterprise Market, by End UserAmericas 5G Enterprise MarketAsia-Pacific 5G Enterprise MarketEurope, Middle East & Africa 5G Enterprise MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/5g-enterprise
Related Reports:
5G Non-Terrestrial Network Market – Global Forecast 2024-20305G in Defense Market – Global Forecast 2024-20305G Satellite Communication Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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