Motor Monitoring Market Anticipated to Reach $2.9 billion by 2026; Witnessing a CAGR of 7.8%

Motor Monitoring Market
The report “Motor Monitoring Market by Offering (Hardware, Software, Services), Monitoring Process (Online, Portable), End-User Industry (Oil & Gas, Power Generation, Metals & Mining, Chemicals, Automotive), Deployment and Region – Global Forecast to 2026″, size will grow to  USD 2.9 billion by 2026 from USD 2.0 billion in 2021, at a CAGR of 7.8% during the forecast...

Geospatial Solutions Market expected to Grow $502.6 Billion by 2024

Geospatial Solutions Market
The global Geospatial Solutions Market is projected to reach $502.6 billion by 2024 from an estimated $239.1 billion in 2019, at a CAGR of 13.2% during 2019-2024. This growth can be attributed to factors such as integration of geospatial technology into mainstream technologies, advancements in geospatial solutions with the introduction of artificial intelligence and Big Data analytics, increasing...

What Makes Internet of Things Market A Trillion Dollar Industry?

Internet of Things Trillion Dollar Industry
Started with the machine-to-machine (M2M) communication, the internet of things has come a long way. The concepts of man to machine, machine to machine and machine to mobile are collective called as internet of things (IoT) – a term coined by Kevin Ashton in 1999. The Auto-ID labs at MIT made this concept truly popular. Today, smartphones have become the strongest connecting tool and vital instrument...

Internet of Things Market to Boost IT Sector at Impressive Growth Rate

The internet of things (IoT) is an advanced concept based on the uniquely identifiable objects, which have virtual representations. Radio frequency identification or RFID is often seen as the prerequisite for IoT or internet of things. In the processes of IoT and M2M (machine to machine) communications, objects or things are considered as essential projected active participants in various social processes,...