New Product Development
The KVM switch market revenue totaled ~US$ 1,033.8 Mn in 2021. The overall sale is projected to reach ~US$ 1,216.5 Mn by 2028, growing at a CAGR of 2.4% for 2022 – 28. On the basis of the findings specified in the report, the market is estimated to witness sustained demand from telecom & IT industry operators, and finance & insurance sectors over …
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The global 5G technology market is set to enjoy a valuation of US$ 9.6 Bn in 2022, and further expand at a CAGR of 71.9% to reach US$ 248.4 Bn by the year 2028. Government Initiatives to Speed up 5G Technology The US is expected to be the first country to introduce 5G technology, wireless applications and networks, as regulators pave the wave …
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Future Market Insights (FMI) recently published a market report titled ‘Cross-Platform and Mobile Advertising Market – Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.’ The cross-platform and mobile advertising market is playing an important role in the advertising industry because of the increasing penetration of the Internet, globally. Companies of cross-platform and mobile advertising platform are working …
Expanding at a CAGR of 8.9%, the global HVDC transmission system market is projected to increase from a valuation of US$ 10.3 Bn in 2022 to US$ 17.2 Bn by 2028. The HVDC transmission system demand accounted for almost 15% market share of global power transmission market. The HVDC (High voltage direct current) transmission systems are used for transmission of power over long distance. These …
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The global packaging industry is driven by the demand for better and convenient packaging. Globalization has eliminated all barriers and increased transit distance and time for products. Protective packaging ensures the safety of the product throughout the supply chain. Cartons are one such protective packaging solution. High demand for such packaging has led to the …
Expanding at a CAGR of 22.9%, the global ePassport market is projected to increase from a valuation of US$ 34.3 Bn in 2021 to US$ 144.4 Bn by 2028. The ePassport demand accounted for almost 20% market share of global passport market. ePassport is the term used for such passports that includes electronic device or contactless Integrated Circuit (IC) such as RFID …
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With the global revenue estimated at over US$ 500 million, electronic skin (e-skin) market is projected to see an aggressive Y-o-Y growth at 20.7% in 2019, according to a study of Future Market Insights (FMI). Thriving as a niche marketplace currently in its nascent stage, electronic skin market will reportedly remain a high growth-low value landscape. Electronic skin incorporates the usage …
The I/O Link market revenue totaled ~US$ 5,142.0 Mn in 2021. The I/O Link market is projected to surpass ~US$ 12,285.9 Mn by 2027, growing at a CAGR of 15.8% for 2022 – 27. The I/O Link market is around 15% of the industrial communication market. I/O Link have the ability to support all fieldbus protocols. In the I/O link protocol, data is transmitted from field level …
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Rapid industrialization and increase in cross-border trade has created new opportunities for world trade. Companies are improving their supply chain capabilities and expanding their geographic base to tap the market potential. Carton boxes are the prominent mode of packaging used by manufacturers for packaging of light and heavy duty goods. Water activated tapes or commonly …
The need for increasing the shelf life of the products has led to the innovations lever tinplate containers. Lever lid tinplate containers are ideal choices for packaging of goods which are to be used over a prolonged period. As the levered lid offers the perfect solution for packaging of a product which is to be …
