The market for security inspections is expected to reach US$ 10.27 Billion by the end of 2030, growing at a CAGR of 4.3% from its estimated value of US$ 7.33 Billion in 2022. In 2021, the revenue from security inspection solutions represented 7% of the market for physical security worldwide. The use of various security inspection …
Category Archives: Technology Trends
Storage as a Service Market is expected to grow at a 16.2% CAGR from 2022 to 2032
The Storage as a Service (STaaS) market refers to the provision of data storage solutions over the internet, delivered as a service on a subscription basis. This type of service allows organizations to store their data off-premises, reducing the need for in-house IT infrastructure and allowing for greater flexibility and scalability. The STaaS market offers a range …
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Mobile Video Surveillance Market : Global Industry Analysis and Opportunity Assessment 2031
The mobile video surveillance market refers to the use of mobile devices, such as smartphones and tablets, to monitor and record video footage for security and surveillance purposes. This market has grown in recent years due to the increasing use of mobile devices and the growing demand for remote monitoring and surveillance capabilities. The mobile video surveillance …
Safety Laser Scanner Market is estimated at US$ 402.2 Mn in 2027
The Safety Laser Scanner Market is anticipated to grow at a strong 6.2% CAGR between 2022 and 2027, from an estimated value of US$ 298.1 Mn in 2022 to US$ 402.2 Mn in 2027. The report claims that the high level of accuracy of safety laser scanners will continue to be the main factor driving their demand. …
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Document Outsourcing Services Market is likely to surge at a vigorous 6.3% CAGR during the assessment period 2022 to 2030
The Document Outsourcing Services Market refers to the market for services that involves outsourcing document management tasks, such as document scanning, conversion, storage, and retrieval to a third-party service provider. These services can help organizations save time and resources by freeing up staff from manual document handling and enabling them to focus on core business …
5G Technology Market is anticipated to reach a high of US$ 994.8 Billion by the year 2033
The global 5G technology demand is subjected to record a CAGR of 48.3%. The market revenue is likely to be valued at US$ 19.3 billion in 2023 and exhibit a revenue growth of US$ 994.8 billion by 2033. A key aspect driving the demand for 5G technology is its capacity to offer new services with ultra-reliable, available, low-latency …
High Voltage Direct Current (HVDC) Transmission System Market to Surpass US$ 28,508.2 Mn by 2032 Amid Increasing Electricity Trading
According to Future Market Insights, the global high voltage direct current (HVDC) transmission system market size is expected to reach ~US$ 28,508.2 Mn by 2032, growing at a CAGR of 10.6% in the forthcoming years (2022 – 2032). It stood at ~US$ 9,484.0 Mn in 2021. The report states that the market is expected to reach a …
Integrated Passive Devices (IPDs) Market : Global Industry Analysis and Opportunity Assessment 2031
The Integrated Passive Devices (IPDs) market refers to the demand and supply of passive components integrated into a single device. IPDs offer several advantages over traditional passive components, such as smaller size, lower cost, and higher performance. These devices are used in various applications, including consumer electronics, telecommunication, automotive, and aerospace. The market for IPDs is expected …
IoT for Public Safety Market Forecast, Trend Analysis & Opportunity Assessment 2031
The Internet of Things (IoT) for public safety market refers to the use of IoT technologies to enhance and improve public safety and emergency response capabilities. This includes the use of sensors, devices, and applications that help to improve communication, situational awareness, and decision-making in emergency situations. IoT solutions for public safety can be used …
InGaAs Image Sensor market is estimated to grow with a CAGR of nearly 12% by 2031
According to estimates, the market for InGaAs image sensors would increase by over US$ 900 Mn by 2021, with a CAGR of nearly 12% from 2021 to 2031. A form of sensor called an InGaAs Image Sensor includes a CMOS IC readout circuit for simple signal processing. This sensor can be utilised for applications that need simple …
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