Posts

Showing posts from May, 2022

Nanosatellite And Microsatellite Market Worth $13.89 Billion By 2030

  Nanosatellite And Microsatellite Industry Overview The global nanosatellite and microsatellite market size was valued at USD 2.12 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) exceeding 23.3% from 2022 to 2030. The growing demand for miniaturized satellites across multiple verticals is expected to provide an impetus to market growth. For instance, in November 2021, a Japan-based Epsilon rocket launched nine miniature satellites into orbit in the latest endeavor to encourage educational institutions and businesses to participate in space exploration. The launch of small satellites via heavy vehicles has proved to be quite challenging over the recent years, resulting in the increased demand for small launch vehicles. Earlier, small satellites were launched as an additional payload with larger satellites, which increased launch and cost constraints. The growing demand for small launch vehicles that can overcome these cost constraints culminated in t

multi-access edge computing market size is anticipated to reach USD 23.36 billion by 2028

  Multi-access Edge Computing  Industry Overview The global multi-access edge computing market size was valued at USD 1.56 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) exceeding 42% from 2021 to 2028. The growing adoption of IoT devices across several industries is expected to drive market growth. The need for faster decision-making in industries such as IT and telecom, manufacturing, transportation and logistics, and datacenters, owing to the generation of the vast amount of data, is encouraging the adoption of multi-access edge computing (MEC) technology. Furthermore, the adoption of MEC offers a safer environment for data transfer and reduces latency, which is further promoting the wide-scale adoption of the technology in enterprises.   Gather more insights about the market drivers, restrains and growth of the Global Multi-access Edge Computing Market   In addition to the high throughput and low latency offered by MEC applications running

What is the market size for the Smart Glass market By 2028?

  Smart Glass  Industry Overview The global smart glass market size was valued at USD 4.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. The emergence of energy-conservation initiatives, such as green buildings and eco-friendly structures, globally is expected to offer promising growth prospects to the market. Administrative support through financial benefits and tax initiatives globally is also stimulating the growth of the market. For instance, the European banks have a new mortgage scheme for green homes, encouraging end-users to adopt energy-saving products, such as smart glass. Smart glass has gained traction in recent years due to its energy-saving properties, thermal and acoustic insulation, and elegant 3D design proposition. With smart glass fitted in place of normal glass into windows, doors, partitions, and skylights, the user has better sunlight control, preventing an increase in indoor temperatures during summe

Who Are The Key Companies/Players In The Unified Communications Market By 2028?

  Unified Communications  Industry Overview The global unified communications market size was valued at USD 78.33 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 20.5% from 2021 to 2028.  Enterprises have transitioned to Unified Communications (UC) solutions to reduce operating expenses, increase revenues, and strengthen customer relationships. UC enhances the decision-making process by integrating various communication tools into a single platform. Thus, unified communications solutions are typically deployed to foster cross-functional activities and yield positive results.   Gather more insights about the market drivers, restrains and growth of the Global Unified Communications Market   An increase in the mobile workforce coupled with the growing trends of Bring Your Device (BYOD) and hybrid workplace model is expected to positively influence the global market over the next eight years. Smart devices replace the traditional work culture of

Webcam Market is expected to drive growth over the forecast period

  Webcam  Industry Overview The global webcam market size was valued at USD 6.85 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.9% from 2021 to 2028. The growing demand for real-time monitoring devices in residential locations, commercial and logistics security, and video conferencing is expected to drive market growth over the forecast period. Webcams are also seeing significant demand among temporary surveillance appliance manufacturers to record anti-social behavior, vandalism, fly-tipping, and detect criminals misusing public property. Webcams are video cameras used to capture real-time images or videos in the form of analog or digital signals. Present-day products are technologically advanced and they offer better streaming quality, resolution, frame rate, built-in microphones, and noise cancellation, among others. Owing to the vast advancements, webcams are being increasingly deployed in numerous applications including video conferencing

Anime Market Growing At A CAGR Of 9.7% During The Forecast Period

  Anime Industry Overview The global anime market size was valued at USD 24.80 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% over the forecast period. The growing popularity and the rising sales of Japanese anime content worldwide are anticipated to drive the growth of the market over the forecast period. As such, foreign sales are expected to contribute to substantial revenue generation in the market. The growing preference for internet distribution and application games, which account for the majority of overseas sales in Japan, is projected to play a decisive role in propelling market growth. The outbreak of the COVID-19 pandemic has had a significant impact on the market.   Gather more insights about the market drivers, restrains and growth of the Global Anime Market The month of April is usually considered the busiest of the year because of the start of new shows. However, several animated television programs, including those alread

What Will Be The Growth Of Anti-Drone Market In The Foreseeable Future?

  Anti-drone Industry Overview The global anti-drone market size was valued at USD 576.7 million in 2018 and is expected to witness unprecedented growth over the forecast period. There has been a significant rise in the adoption of unmanned aerial vehicles (UAVs) for commercial and recreational applications across the globe. This has resulted in a considerable increase in the number of security breach incidents at public places and critical government infrastructure. Detection and identification of these drones have become vital factors for security maintenance, thereby propelling market growth.   Gather more insights about the market drivers, restrains and growth of the Global Anti-drone Market   Drones with integrated cameras have paved opportunistic ways for professionals seeking a way for aerial photography. However, the rising adoption of these unmanned aerial vehicles has resulted in growing safety concerns among government. Increased usage of these unauthorized flying obj

Who Are The Key Players In The Automated Guided Vehicle Market By 2030?

  Automated Guided Vehicle Industry Overview The global automated guided vehicle market size was valued at USD 3.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030. Automated guided vehicle (AGV) systems assist to move and transport items in manufacturing facilities, warehouses, and distribution centers without any permanent conveying system or manual intervention. It follows configurable guide paths for optimization of storage, picking, and transport functions in the environment of premium space. AGVs are being highly adopted owing to several benefits, such as reduced labor costs, reduced product damage, increased productivity, and scale to support automation processes. These notable advantages are encouraging the transportation and logistics firms to deploy AGVs in order to boost the efficiency of their operations. For instance, in May 2021, AUDI AG stated that they use AGVs in their manufacturing centers which helps the