Attractive Opportunities in Critical Communication Market worth $19.8 billion by 2024
The report “Critical Communication Market
by Offering (Hardware, Services), Technology (Land Mobile Radio, Long-Term
Evolution), End-Use Vertical (Public Safety, Transportation, Utilities,
Mining), and Region (North America, Europe, APAC, RoW)-Global Forecast to
2024″, is expected to grow from USD 13.9 billion in 2019
to USD 19.8 billion by 2024, at a CAGR of 7.4%.
High demand
for critical...
Key Market Dynamics in SCARA robot
The SCARA robot market (including the prices of peripherals, software, and system engineering) is estimated to be valued at USD 6.4 billion in 2019 and is expected to grow at a CAGR of 10.3% during 2019–2024 to reach USD 10.4 billion by 2024. The SCARA robot market (excluding the prices of peripherals, software, and system engineering) is estimated to be valued at USD 2.3 billion in 2019 and is...
Power Supply Market is Expected to Witness the Highest Technological Growth by 2023
The power
supply market is expected to be worth USD 34.92 billion by 2023,
growing at a CAGR of 6.7% from 2018 to 2023. Factors such as growing adoption
of home and building automation systems, emerging telecommunications sector,
and increasing demand for energy-efficient devices/appliances are driving the
growth of the power supply market. The increasing requirement of power supply
in medical and...
Automotive TIC Market Opportunities and Challenges
The
automotive industry is transforming at a faster rate owing to the development
of cutting-edge technologies and stringent environmental regulatory policies.
This report on the automotive TIC market is a platform that explains
applications, market trends, and varieties of TIC services, ranging from
testing, inspection, and certification to auditing and quality control and
assurance. These services...
Agriculture IoT Market is Expected to Grow at the highest CAGR during 2019-2024
The agriculture
IOT market is expected to grow from USD 12.7 billion in 2019 to USD 20.9
billion by 2024, at a CAGR of 10.4% from 2019 to 2024. A few key factors
driving the growth of this market are increasing
adoption of Internet of Things (IoT) and Artificial Intelligence (AI)
technology by farmers and growers, focus on livestock monitoring and disease
detection to improve farming efficiency, and...
Load Monitoring System Market worth $3.3 billion by 2024 with a growing CAGR of 4.0%
The load
monitoring system market is estimated to be USD 2.6 billion in 2018 and is
expected to reach USD 3.3 billion by 2024, at a CAGR of 4.0% during the
forecast period. Load monitoring system is a combination of load cells, load
indicators and controllers, and data logging software. Load monitoring system
is based on analog or digital technology and used in various industries such as
automotive,...
Wireless Testing Market worth $14.4 billion by 2024 with a growing CAGR of 6.7%
The global wireless
testing market size was valued at USD 10.4 billion in 2019 and is projected
to reach USD 14.4 billion by 2024; it is expected to grow at a CAGR of 6.7%
during the forecast period. The adoption of advanced manufacturing techniques
that require minimum human intervention and maintain quality of products has
been increasing across different industry verticals. Recent advancements...
Purpose-built Backup Appliance (PBBA) Market worth $8.6 billion by 2024 with a growing CAGR of 10.6%
The purpose-built
backup appliance market is expected to grow from USD 5.2 billion in 2019 to
USD 8.6 billion by 2024, at a CAGR of 10.6%. The purpose-built backup appliance
is used to take the backup of enterprise data. The market for the purpose-built
backup appliance is driven by the rising awareness and focus of enterprises to
protect their business data and recover it using this tool, growing...
How are advancements in consumer electronics and other verticals influencing the iris recognition market?
The global iris recognition market size is expected to grow from USD 2.3 billion in 2019 to USD 4.3 billion by 2024, at a CAGR of 13.2% during the forecast period. The high adoption of iris recognition technology by government organizations for identification and authentication purposes is the primary driving factor for the iris recognition industry. The increasing penetration of iris recognition...
Safety Laser Scanner Market Expected To Grow At Higher CAGR from 2018 To 2023
The overall safety
laser scanner market is expected to grow from USD
304 million in 2018 to USD 406 million by 2023, at a high CAGR during
2018–2023. The safety laser scanners offer a long-term cost-effective solution
for use with new machine installations or for retro fitting machines, plants,
or even vehicles. Therefore, small form factor, high user-friendliness,
seamless integration, and high...