The global artificial intelligence in retail market is expected to reach US$ 10.76 billion by 2023, with demand for AI in retail predicted to grow at a CAGR of 28% and surpass US$ 127.09 billion by 2033. AI is set to revolutionize the retail industry, transforming everything from cost elements to shopping participation. With e-commerce and AI …
Category Archives: Technology Trends
5G in Automotive and Smart Transportation Market is expected to grow US$ 9.77 Bn by 2030
Now valued at US$ 1.49 billion, the worldwide 5G in automotive and smart transportation industry is predicted to grow to a valuation of US$ 9.77 billion by the year 2030, according to a thorough market study. From 2022 to 2030, demand for 5G in the automotive and smart transportation sectors is expected to grow at an astounding …
Demand for Micro-electromechanical System (MEMS) Market is estimated to evolve at a high CAGR of 10.2% from 2022 to 2029
The market for micro-electromechanical systems (MEMS) is expected to reach US$ 14.4 billion in 2022 and grow at a remarkable CAGR of 10.2%. (2022-2029). By 2029, it is expected that shipments of micro-electromechanical systems will total US$28.4 billion. 20% of the global semiconductor market is accounted for by sales of microelectromechanical systems. The growing emphasis on …
Gigabit Wi-Fi Access Point Market is forecasted to reach US$ 14.65 Bn by 2027
Over the forecast period, the market for gigabit Wi-Fi access points is anticipated to expand at a 32.3% CAGR (2022-2027). Government programmes to encourage industrialisation in developing economies, along with increasing digitisation globally, will drive market sales. By the end of 2027, it’s anticipated that global sales of gigabit Wi-Fi access points would top US$ 14.65 billion. …
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Analog Phase Shifter Market: Global Industry Analysis, Size and Forecast 2027
For constantly changeable phase, which is typically regulated by a voltage, analogue phase shifters are utilised. Varactor diodes or nonlinear dielectrics are used in electrically controlled phase shifters. The main purpose for analogue phase shifters is in phased array antennas, which are utilised in weather radars and satellites for military equipment. Analog phase shifters have long …
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Electronic Lab Notebook (ELN) Market is projected to reach ~US$ 1,180.3 Mn by 2029
The market for electronic lab notebooks (ELN) is anticipated to develop at a CAGR of 13.9% from 2022 to 2029, reaching around US$ 1,180.3 Mn. Nearly 5% of the market for lab automation software is devoted to electronic lab notebooks. Due to ongoing improvements in Electronic Lab Notebook (ELN) software and services, the expansion of ELN solutions …
Industrial Human-Machine Interface Market : Global Industry Analysis and Opportunity Assessment 2030
A potential demand for the expansion of the industrial human-machine interface market is being created by the continued trend towards automation and constant inventive advances in industrial processes. Additionally, plant operators are choosing industrial human-machine interface solutions to monitor and carry out crucial control actions in an operational context as well as facilitating advanced visualisation into supervisory …
Distributed Fiber Optic Sensor Market by Sensor Type, Application, Industry & Region – Forecast 2022 to 2032
The distributed fiber optic sensor market size totaled US$ 1,175.7 Mn in 2021. The global distributed fiber optic sensor market is expected to reach US$ 2,869.5 Mn by 2032, exhibiting growth at 8.3% CAGR between 2022 and 2032. The market is witnessing development prospects as a result of the growing demand from businesses and companies to perform efficient sensing operations on their machine systems. …
Service Lifecycle Management Application Market Size, Share & Trends – 2030
By the end of 2030, the market for service lifecycle management applications is projected to increase from US$ 1.6 billion to US$ 2.93 billion. This is because it is predicted that between 2022 and 2030, the demand for service lifecycle management application solutions would grow at a CAGR of 7.9%. In 2021, the global market …
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Catering Management Market is projected to register a CAGR of 4.3% through 2032
During the anticipated period, the catering management market is anticipated to register a CAGR of 4.3%. (2022 – 2032). The market for catering management is anticipated to be worth US$ 104.3 billion in 2022 and US$ 159.3 billion by 2032. The market for catering management is predicted to grow significantly as a result of increasing global accessibility and …
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