Public Safety LTE Market is projected to grow at the highest CAGR from 2019 to 2024
Reliable
and dependable communication is vital for the first responders as they must be
connected to control centers as well as to each other. The changing
requirements of public safety communication are leading to the adoption of LTE
technology by public safety agencies globally. The demand for broadband
networks is increasing worldwide to carry out unmanned operations and remote
surveillance activities...
Key Market Players in Functional Safety: Schneider (France) and ABB (Switzerland)
Functional
safety covers the implementation of safety instrumented systems and related
services to mitigate risks associated with a process in which components such
as sensors, logic controls, and acting elements are
used. Implementing functional safety ensures that safety critical control and protective systems
are appropriately specified, designed, installed, and maintained. Safety
devices such...
Rising demand for smart clothes to boost the market growth by 2019-2024
Smart clothing monitors
the wearer’s physical condition. Smart shirts bodysuits, pants, and
undergarments are some of the products that provide biometric data, such as
pulse rate, temperature, muscle stretch, heart rhythm, and physical movement;
this data is transmitted via Bluetooth to an app in real-time. The integrated
technology monitors the material conditions of the user and uses big data
analytics...
Attractive Opportunities in the AR and VR Display Market
AR and VR Display Market
The AR and VR display market is expected to grow from USD 1.6 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 21.8% during the forecast period. Increasing adoption of AR and VR devices in various applications, increasing demand for OLED in AR and VR devices, rising technological advancement and growing use of microdisplays in AR and VR devices are the major...
Attractive Opportunities in Critical Communication Market worth $19.8 billion by 2024
The report “Critical Communication Market
by Offering (Hardware, Services), Technology (Land Mobile Radio, Long-Term
Evolution), End-Use Vertical (Public Safety, Transportation, Utilities,
Mining), and Region (North America, Europe, APAC, RoW)-Global Forecast to
2024″, is expected to grow from USD 13.9 billion in 2019
to USD 19.8 billion by 2024, at a CAGR of 7.4%.
High demand
for critical...
Key Market Dynamics in SCARA robot
The SCARA robot market (including the prices of peripherals, software, and system engineering) is estimated to be valued at USD 6.4 billion in 2019 and is expected to grow at a CAGR of 10.3% during 2019–2024 to reach USD 10.4 billion by 2024. The SCARA robot market (excluding the prices of peripherals, software, and system engineering) is estimated to be valued at USD 2.3 billion in 2019 and is...
Power Supply Market is Expected to Witness the Highest Technological Growth by 2023
The power
supply market is expected to be worth USD 34.92 billion by 2023,
growing at a CAGR of 6.7% from 2018 to 2023. Factors such as growing adoption
of home and building automation systems, emerging telecommunications sector,
and increasing demand for energy-efficient devices/appliances are driving the
growth of the power supply market. The increasing requirement of power supply
in medical and...
Automotive TIC Market Opportunities and Challenges
The
automotive industry is transforming at a faster rate owing to the development
of cutting-edge technologies and stringent environmental regulatory policies.
This report on the automotive TIC market is a platform that explains
applications, market trends, and varieties of TIC services, ranging from
testing, inspection, and certification to auditing and quality control and
assurance. These services...
Agriculture IoT Market is Expected to Grow at the highest CAGR during 2019-2024
The agriculture
IOT market is expected to grow from USD 12.7 billion in 2019 to USD 20.9
billion by 2024, at a CAGR of 10.4% from 2019 to 2024. A few key factors
driving the growth of this market are increasing
adoption of Internet of Things (IoT) and Artificial Intelligence (AI)
technology by farmers and growers, focus on livestock monitoring and disease
detection to improve farming efficiency, and...
How are advancements in consumer electronics and other verticals influencing the iris recognition market?
The global iris recognition market size is expected to grow from USD 2.3 billion in 2019 to USD 4.3 billion by 2024, at a CAGR of 13.2% during the forecast period. The high adoption of iris recognition technology by government organizations for identification and authentication purposes is the primary driving factor for the iris recognition industry. The increasing penetration of iris recognition...