Author: Samuel Kim

Samuel Kim brings a distinctive perspective to technology journalism through his specialized background in industrial computing systems and automation technologies. His analytical approach to emerging tech stems from hands-on experience implementing IoT solutions across manufacturing environments, giving him unique insight into how theoretical innovations translate to real-world applications. Kim's writing demystifies complex technological shifts by examining their practical implications for enterprise infrastructure and operational workflows. He maintains a sharp focus on the intersection of hardware evolution and software integration, particularly in industrial automation and smart system deployments.
EnergyTechnology

Global Battery Storage Market Set for Explosive Growth, Projected to Hit $54 Billion by 2032

Analysts project the battery energy storage system market will surge from $8.23 billion in 2024 to $54.34 billion by 2032. This remarkable growth, driven by renewable energy integration and technological advances, highlights the critical role of energy storage in modern power grids. Industry sources indicate sustainable energy policies and falling battery costs are accelerating market expansion globally.

Battery Storage Market Poised for Transformative Growth

The global energy storage landscape is undergoing a dramatic transformation, with the battery energy storage system (BESS) market projected to experience exceptional expansion throughout this decade. According to recent market analysis, the sector is expected to grow from USD 8.23 billion in 2024 to USD 54.34 billion by 2032, representing a compound annual growth rate of 26.61% between 2025 and 2032. Industry observers suggest this growth trajectory underscores the increasingly critical role of storage solutions in global energy infrastructure.

by Samuel Kim
EconomyPolicy

China’s Strategic Planning Framework Set to Shape Global Economic Landscape Through 2030

Chinese leadership is convening in Beijing to establish economic priorities that will guide the world’s second-largest economy through the end of the decade. The planning process, which operates on five-year cycles rather than election timelines, has historically reshaped global markets and resource allocation. Analysts suggest these centralized economic strategies create ripple effects across international supply chains and development patterns.

China’s Central Committee Convenes for Critical Planning Session

Top Chinese officials are gathering in Beijing this week for meetings that will establish the foundation for the country’s next Five Year Plan, according to reports. The Central Committee of the Chinese Communist Party is holding its Plenum session, where key economic and development priorities for 2026-2030 will be determined. While the complete plan won’t be finalized until next year, analysts suggest this week’s discussions will reveal the strategic direction China will pursue through the end of the decade.

by Samuel Kim