Satellite Internet Market Growth: Revolutionizing Global Connectivity and Bridging the Digital Divide
The Satellite Internet Industry is experiencing an unprecedented surge in growth, driven by increasing demand for reliable, high-speed internet in remote and underserved regions. Valued at USD 4.0 billion in 2023, the market is expected to skyrocket to USD 17.1 billion by 2028, with a compound annual growth rate (CAGR) of 33.7%. This remarkable expansion is fueled by advancements in satellite technology,...
Connected Tires Market Size, Share, Growth Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...
IoT Market Expected to Reach $153.2 Billion by 2029
The IoT Market is expected to reach USD 153.2 billion by 2029 from USD 64.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.
The increasing adoption of technology is improving various sectors through up-to-date information and useful perspectives from IoT. The integration of cloud computing with IoT improves vast amounts of data analysis. Consequently,...
Software Defined Vehicle Market Size, Share, Trends | Industry Forecast [2030]
The global Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%. There are various factors that affect the growth of demand for SDVs in the global market. Receiving over-the-air updates guarantees that customers’ car software is always up to date with the newest features and vehicle security improvements....
Car as a Connected Living Ecosystem Size, Share, Trends | Forecast [2035]
The Car as a Connected Living Ecosystem Size is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%.
Factors such as technology developments and advanced connectivity levels across automotive OEMs and customer perceptions & service expectations from connected cars are driving the growth of the car as a connected living ecosystem market. Customers,...
The Future of AIoT Platforms Market Valuation to Hit $24.9 Billion by 2028
The AIoT Platforms market is estimated at USD 5.0 billion in 2023 and is projected to reach USD 24.9 billion by 2028, at a CAGR of 37.7% from 2023 to 2028, according to new research report by MarketsandMarkets™
AIoT is gaining popularity in the healthcare sector. Wearable devices, such as smartwatches and fitness trackers, are increasingly being used to monitor patients’ health statuses and...
Satellite IoT Market Size, Growth Drivers, Top Key Companies and Forecast to 2027
The Satellite IoT market is expected to grow from USD 1.1 billion in 2022 to USD 2.9 billion by 2027, at a CAGR of 21.9% during the forecast period, according to new research report by MarketsandMarkets™
Direct-to-satellite is a reliable solution in times of disasters or natural calamities in areas where fast deployments are required, and not much hardware is available or possible to arrange,...
IoT in Healthcare Market Extrapolated to Reach $289.2 billion by 2028
According to a research report “IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global IoT in healthcare market size is projected to grow from USD 127.7...
Workforce Management Market Size, Trends, Drivers & Opportunities | MarketsandMarkets™
According to a research report “Workforce Management Market by Component, Solution (Time and Attendance Management, Workforce Scheduling, Leave and Absence Management), Service, Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2025″ published by MarketsandMarkets, The global workforce management market size is expected to grow from USD...
Automotive TIC Market Size, Share, Industry Trends and Global Forecast 2028
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
The growing demand of safer, efficient and fuel-efficient mobility alternative is expected to drive the demand for automotive TIC services around the world. For instance, the demand for TIC services for automotive components such as EV Battery, EV Motors,...