Monthly Archives: May 2023

IO-Link technology is a point-to-point communication protocol used to connect sensors and actuators with controllers in industrial automation systems. It enables communication between sensors and actuators with controllers using a standardized interface, which can help simplify installation and configuration of automation systems. The IO-Link technology market is segmented based on component, application, and geography. The component segment …

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Demand for pervasive computing technology is expected to reach US$ 551.0 million in 2022, rising by 19.9% CAGR to US$ 3,390.2 million from 2022 to 2032. Rising IoT-based application utilisation is credited with driving growth. Market growth for pervasive computing technology was 18.5% from 2016 to 2021.A popular concept called pervasive computing includes giving any item, …

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The bioacoustics sensing market refers to the market for sensing technologies that capture and analyze acoustic signals produced by living organisms, such as animals and humans, for a variety of applications, including healthcare, wildlife monitoring, and agriculture. The bioacoustics sensing market is segmented based on product, application, and geography. The product segment includes microphones, hydrophones, and acoustic …

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The market for distance measuring sensors is projected to generate US$2.86 billion in sales in 2022. By 2032, the market is anticipated to grow at a CAGR of 4% and reach US$ 4.23 billion in value. The primary growth drivers of the global distance measurement sensor market include the need for sophisticated security systems in cars, the …

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The BYOD security industry is anticipated to generate 35.6 billion US dollars in sales by 2023. By 2033, the market for BYOD security is expected to reach US$ 235.8 billion, expanding at a CAGR of 18.9% from 2023 to 2033. BYOD, which stands for “Bring Your Own Device,” essentially permits employees to bring their own laptops or …

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The market for smart thermostats is expanding quickly and is anticipated to do so in the years to come. According to FMI, the market for smart thermostats might grow from US$4.18 billion in 2023 to US$35.70 billion in 2033. The market is anticipated to grow tremendously between 2023 and 2033, with an astounding CAGR of 23.9%. In …

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In 2022, the 3D display industry generated $94.3 billion in revenue. By 2033, the market for 3D displays is anticipated to have grown at a CAGR of 15.0%, reaching US$ 433.1 billion. A more advanced technology called a 3D display was created to give viewers 3D graphics and a sense of depth. Additionally, 3D display technology is …

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The surface mount technology market is anticipated to develop at a CAGR of 11.8% from 2022 to 2032, reaching US$ 15.5 billion. When an electrical component is physically installed or affixed to the top surface of a printed circuit board (PCB), this process is referred to as surface mount technology. It is distinct from the conventional soldering-through-hole …

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The market for telecommunications services generated US$ 1,725.1 billion. The market is anticipated to increase at a CAGR of 6.2% from 2022 to 2032, reaching US$ 3,303.3 Bn. The services provided by telecommunications firms to end users enable them to use their communication devices or other equipment that may enable them to communicate messages and information to …

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