News Market Insights

Battery developers across the world are creating cloud-connected battery management systems to enhance the life of the battery. This system offers advantages such as online monitoring and analysis of the battery data, identifying the possible critical failures at an initial stage, and estimating the state of health (SOH) and state of charge (SOC). For example, in July 2019, Robert Bosch GmbH introduced a new service, "battery in the cloud", to extend the life of electric car batteries by 20%. Thus, the spurring demand for electric vehicles (EVs) will drive the battery management system market at a CAGR of 14.5% during the forecast period (2020–2030). The increasing adoption of EVs is an outcome of the high pollution levels, growing scarcity of fuel, and favorable government policies that support the production and adoption of such vehicles. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/battery-management-system-market/report-sample Mor...

The software-define wide area network (SD-WAN) market is expected to advance at a CAGR of 38.6% during the forecast period (2020–2030). At this rate, the market is expected to reach $43.0 billion by 2030 from $1.4 billion in 2019. The key factors driving the market growth include increasing penetration of internet, surging adoption of bring-your-own-device (BYOD) policy at workplaces, rising need for simplified enterprise network architecture, growing utilization of data and internet of things (IoT), escalating demand for network privacy, and rising deployment of cloud-based solutions. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/sd-wan-market/report-sample One of the prime reasons behind the SD-WAN market growth is the amplifying usage of IoT and big data technologies. The challenges associated with IoT and big data, including high implementation costs, lack of knowledge, issues with the management and handling of the data, and security and d...

Factors such as escalating demand for smart glasses and growing adoption of transparent displays in the advertising industry will accelerate the transparent display market at 46.2% CAGR during the forecast period (2019–2024). The market stood at $524.7 million in 2018 and it is set to value $4,933.6 million in 2024. The market is currently observing high adoption of transparent organic light-emitting diode (OLED) displays, as these are more beneficial than liquid crystal display (LCD) displays, due to the fact that they offer better viewing angles and higher image resolution than the latter. One of the most significant growth drivers is the widescale installation of transparent displays for outdoor advertisements, because they amplify the aesthetic appeal of the advertisements. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/transparent-display-market/report-sample Businesses are setting up these displays to promote their products through digital ...

 The global web conferencing market attained a valuation of $2,109.3 million in 2019 and is predicted to generate a revenue of $78,547.9 million by 2030. According to the forecast of P&S Intelligence, a market research company based in India, the market will progress at a CAGR of 39.3% between 2020 and 2030.  The factors fueling the progress of the market are the surging utilization of web conferencing solutions these days because of the ongoing COVID-19 pandemic. Because of the pandemic, the governments of many countries have imposed strict partial or full nationwide lockdowns for restricting the movement of people and goods and mitigating the spread of the infection.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/web-conferencing-market-report/report-sample This is making many organizations adopt web conferencing solutions for maintaining their employee engagement levels, conducting business meetings, and enabling team c...

The Australia and New Zealand heating, ventilation, and air conditioning (HVAC) market attained a valuation of $2.3 billion in 2018 and is predicted to generate a revenue of $3.2 billion by 2024. Furthermore, the market will exhibit a CAGR of 5.7% between 2019 and 2024, as per the market research company, P&S Intelligence. The burgeoning requirement for HVAC systems in various residential applications and the expansion of the construction industry are the main factors fueling the market advancement. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/australia-and-new-zealand-hvac-market/report-sample Besides the aforementioned factors, the surging population of geriatric people, the soaring industrial production, and the booming real estate industry are also propelling the advancement of market. Additionally, the implementation of various government standards and regulations is boosting the sales of HVAC systems in Australia and New Zealand. The e...

The rising interest of various telecommunication service providing companies in internet protocol television (IPTV) is fueling the development of IPTV across the world. Telecom organizations such as Vodafone Group PLC, British Telecommunications PLC, and Verizon Communications Inc. are nowadays focusing on developing novel video services. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/internet-protocol-television-market/report-sample These organizations are viewing the development of IPTV as a lucrative growth opportunity, on account of its various interactive multimedia functionalities. This is creating a huge pool of companies offering IPTV services. Apart from the aforementioned factors, the mushrooming penetration of the internet and the development of mobile content distributed networks (CDNs) are also fueling the popularity of IPTV services across the world.  The CDN technology assists users in loading websites and downloading content qu...

The temperature sensor market will progress at a CAGR of 4.4% during 2020–2030, to reach $11.1 billion by 2030 from $6.9 billion in 2019, due to the escalating smartphone sales and spurring demand for such devices from the automobile industry. Currently, the market is observing a trend of increasing usage of body-worn sensors, owing to the developments in the healthcare sector and the integration of internet of things (IoT) technology in wearable devices. These instruments are incorporated in personalized medical devices or smartwatches to measure user's pulse rate and temperature. One of the key factors driving the temperature sensor market growth is the surging requirement for temperature sensors in the automotive industry. These devices are used in this sector to measure temperature of several systems, liquids, and gases within automobiles, to ensure proper functioning. Temperature sensors are largely used in heating, ventilation, and air conditioning (HVAC) systems of vehicle...

AI is being used in the agriculture sector to monitor the livestock in real-time. The utilization of AI solutions, such as facial recognition and image classification integrated with feeding patterns and condition score, enables dairy farms to individually monitor all the behavioral aspects of a herd. Moreover, farmers are using machine vision to recognize facial features and hide patterns, record the behavior and body temperature, and monitor the food and water intake of the livestock. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-agriculture-market/report-sample North America witnesses large-scale deployment of the AI technology in agricultural activities owing to the early adoption of computer vision and machine learning (ML) for soil management, precision farming, greenhouse management, and livestock management. Moreover, the increasing adoption of the internet of things (IoT) technology bolstered with computer visi...

With the sharp rise in terrorism and security concerns, the demand for physical security solutions is growing rapidly in the Asia-Pacific (APAC) region. Moreover, the increasing security concerns are making various regional countries such as China, India, Vietnam, Indonesia, and Singapore deploy physical security devices and equipment, especially video surveillance systems. There were over 300 terrorist attacks in APAC between 2012 and 2018, with Afghanistan and Pakistan reporting the highest number of terrorist attacks in the region during that period. Besides the increasing threat of terrorist attacks, the rising prevalence of crimes is also propelling the demand for physical security systems in the APAC region. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/apac-physical-security-market/report-sample For example, in China, there were 39,230 robberies, 3,459,742 thefts, and 7,990 homicide cases reported in 2017. Similarly, Malaysia witnessed 379...

The global wearable AI devices market attained a valuation of $11,182.8 million in 2018 and is predicted to generate a revenue of $49,240.6 million by 2024. As per the estimates of the market research firm, P&S Intelligence, the market will demonstrate a CAGR of 29.0% between 2019 and 2024. The surging disposable income of people, the rising consumer preference for next-generation wearable devices, and the growing usage of AI-integrated wearable devices for healthcare applications are the major market growth drivers. The soaring usage of AI-supported wearable devices for healthcare purposes, on account of the increasing consumer focus on healthy lifestyles and the growing public awareness about AI-integrated wearables and the high convenience associated with these devices, is one of the major factors driving the progress of the wearable AI devices market . These devices allow users to monitor and track their sleeping patterns and diets and help them make adequate changes in their d...

The mushrooming utilization of smartphones in several countries is one of the major factors fueling the demand for radio frequency (RF) semiconductors across the world. In the developed countries, the penetration of smartphones has grown sharply over the last few years and this trend will continue in the coming years. Moreover, the sales of smartphones and their customer base are expanding rapidly in the developing countries such as India, Nigeria, Indonesia, Pakistan, and China. This is because of the surging disposable income of the middle-income population and the increasing urbanization rate in the developing nations. Besides this, the growing adoption of the internet of things (IoT) technology is also fueling the worldwide demand for RF semiconductors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample For example, RF transceivers are extensively used in various smart home devices for connecting to the...

The major drivers for the key management as a service (KMaaS) market are the rising incidence of data breaches and increasing regulatory compliance requirements. As a result, the revenue generated by industry players will increase from $511.9 million in 2019 at a 25.9% CAGR during 2020–2030 (forecast period). Such solutions are helpful in the management of the entire lifecycle of keys, which are the values used to encrypt or decrypt files, applications, and communication channels. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/key-management-as-a-service-market/report-sample Based on application, the categories of the market are disk encryption, file/folder encryption, communication encryption, database encryption, and cloud encryption. Among these, the file/folder encryption category dominated the key management as a service market during 2014–2019 (historical period). This was because companies transfer thousands of individual sensitive files ...

From $4,430.7 million in 2019, the global motion sensor market is predicted to reach a valuation of $7,590.8 million by 2030. According to the estimates of P&S Intelligence, a market research company based in India, the market will progress at a CAGR of 5.1% between 2020 and 2030. The rapid expansion of the automotive industry and the soaring sales of consumer electronics products are the major factors propelling the advancement of the market across the world. Get Sample Copy of Report @ https://www.psmarketresearch.com/market-analysis/motion-sensor-market/report-sample Motion sensors are extensively used in consumer electronics products for several applications such as managing the orientation of a smartphone’s screen and as heart rate monitors in smart wearable devices. The burgeoning requirement for wearable devices and smartphones is fueling the progress of the consumer electronics industry, which is, in turn, driving the advancement of the motion sensor market . Furthermore, w...

Earlier majorly used by the military of developed countries for remote reconnaissance and attack operations, drones, technically known as unmanned aerial vehicles (UAV), are finding application in many non-military sectors, such as manufacturing, mining, disaster management, and even sports & entertainment. This is credited to the decreasing cost of such aerial platforms and governments formulating policies and permitting their civilian usage. UAVs are now being used for monitoring construction and excavation progress at mines, mapping the earth’s topography, assessing physical damage to properties, and tracking the growth of crops. As a result of the increasing application of UAVs, P&S Intelligence says that the drone analytics market , which generated $2,614.3 million in 2019, will experience a massive 29.8% CAGR between 2020 and 2030 (forecast period). This is because all the photos and videos taken from drones need proper software to be analyzed, in order to gain real-time ...

The U.S. government announced intentions in 2019 to invest $160 million over the next five years in smart city projects. Similarly, under the Smart City Initiative, India is aiming to develop a hundred of these modern urban dwellings. Such high-tech living spaces will be defined by the complex interplay of smart grids, smart homes, connected cars, connected health, smart retail, smart farming, and smart supply chains, among many such functionalities. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/printed-electronics-market/report-sample For this to be accomplished, sensors are embedded in a variety of objects, such as home appliances and wearables, which connect to the internet and interchange real-time data on their functioning. Due to the increasing smallness of these internet of things (IoT) sensors, conventional methods of manufacturing them are proving ineffective. Thus, as per P&S Intelligence, the printed electronics market is expected...

The increasing adoption of the internet of things (IoT) by businesses is pushing up the requirement for digital twin solutions across the world. According to various reports, over 41 billion connected and IoT-integrated devices are predicted to be in usage all over the world by 2025. This will fuel the demand for digital twin solutions as these solutions make the monitoring of these devices very simple and convenient. The digital clone technology also helps improve the efficiency of these devices. As individual automobile components and parts determine the performance of various automotive systems, the digital clone technology is increasingly being used for digitally twinning these components. Moreover, the connected devices made by various vendors generate large volumes of unstructured data. The sharing of such huge volumes of data among different stakeholders becomes very difficult and therefore, businesses are rapidly adopting digital twin solutions for mitigating their investments ...