New Product Development
In 2023, the market for smart beds is projected to be worth US$3.42 billion. The overall demand for smart beds is anticipated to increase at a CAGR of 7.0% between 2023 and 2033, reaching a total of approximately US$ 6.73 Billion by 2033 due to the rise in the purchase of luxurious and comfortable products due to …
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The market for voice assistants is predicted to grow at a CAGR of 19% and reach US$ 4,329.0 million in 2022. By 2032, it is anticipated that the market will grow to a value of $24,588 million. Switches and buttons are being replaced with voice assistants in order to increase user convenience. Voice assistants enable people to …
With a projected CAGR of 13.7% over the forecast period, the global solid-state power controller market is expected to generate US$ 5,646.9 million in revenue by 2032, up from US$ 1,562.4 million in 2022. Solid state power controllers are semiconductors that control the power delivered to the load. As a result of their effectiveness in identifying overload …
Ground fault commonly occurs when the current carrying conductor comes in direct contact with ground causing leakage. Therefore, ground fault circuit interrupter (GFCI) safeguards consumers from getting a severe shock that unknowingly becomes a part of the electric path between ground surface and source. GFCIs help in preventing major shock by quickly shutting down the power to …
By recognizing high-quality target accounts through implementing personalized marketing strategies, account-based marketing software restores sales and marketing departments away from complete lead generation and branding strategies. Account-based marketing software offers tools to decrease and automate the widespread process to develop proper accounts by recognizing prospects. The tool recognizes prospects and offers the right assets for the …
By 2023, it is anticipated that the global cloud electronic design automation (EDA) market will be worth US$6.7 billion. Over the forecast period, growth is predicted to occur at a CAGR of 9.8%. The market’s demand for digital tools and analogue design will probably increase as a result of cloud-based electronic design automation. Engineers can perform …
Incident response is the methodology an organization uses to respond to and manage a cyberattack. An attack or data breach can wreak havoc potentially affecting customers, intellectual property company time and resources, and brand value. An incident response aims to reduce this damage and recover as quickly as possible. Investigation is also a key component …
Geographical Information Systems (GIS) are computer-based systems that enable users to collect, store, process, analyze and present spatial data. It provides an electronic representation of information, called spatial data, about the Earth’s natural and man-made features. A GIS references these real-world spatial data elements to a coordinate system. These features can be separated into different layers. …
The market for e-learning solutions is anticipated to reach US$ 386.24 million in 2023 and to surpass US$ 3,601 million by 2033, growing at a CAGR of 25%. As technology has changed the educational landscape and introduced numerous new features that significantly enhance the learning process, learning styles have continued to develop. Through e-Learning systems, educational institutions …
The market for white box servers is anticipated to reach US$ 43,993.5 million in value by 2032, up from US$ 13,517.8 million in 2022, growing at a CAGR of 12.5% over that time frame. White box server sales are increasing as a result of their customizability and ease of construction. The widespread adoption of white box servers …