The access control and authentication market is expected to reach $22.7 billion at a CAGR of 11.2% during the forecast period of 2020 to 2027. The growth of Access Control & Authentication market is mainly attributed to the increasing demand for enhanced access control and contactless authentication devices. In addition, increasing technological collaborations and emerging markets are providing […]Read More..
Automotive engineering services can be defined as the collection of different service offerings including mechanical, software, electrical, electronics, and safety engineering for the designing of an automotive. These services focus on optimizing the manufacturing process to improve the overall operational cycle of the organization without compensating on efficacy of the vehicle. Automotive Enhanced Service Providers […]Read More..
Growth of Parking Management System market is mainly attributed to the growing demand for AI-based services, increasing need for parking spaces, and growing focus on seamless traffic flow. However, the complexity in system integration, shift from car ownership model to car-sharing model, high initial installation & implementation cost of parking systems, and climate durability & […]Read More..
Dairy ingredients market is expected to grow at a CAGR of 4.1% from 2020 to 2027 to reach $71.5 billion by 2027. Dairy ingredients are extracted from milk to satisfy the nutritional, organoleptic, and functional needs. Initially, the dairy ingredients were produced as stabilizing milk components (proteins and fat), however, the development in consumer spending […]Read More..
Growth of the global automotive TIC market is mainly attributed to growing automobile production in emerging countries, strict regulatory standards, and increasing cases of vehicle recalls due to component failure. Furthermore, growing adoption of electric vehicles, increasing awareness among consumers regarding product quality and safety, and incorporation of technological advancements with rising adoption of connected […]Read More..
The endpoint security market is expected to reach $18.6 billion by 2027, at a CAGR of 5.9% during the forecast period from 2020 to 2027. Endpoint security serves a critical step in securing endpoint devices such as desktops, laptops, and mobile devices among others, that act as point of access to any structured network. Such […]Read More..
Exoskeletons are wearable devices that work in tandem with the user and act as amplifiers that augment, reinforce, and restore human performance. The growing demand for assistive technology, especially in the healthcare sector for orthopedic rehabilitation, increasing prevalence of strokes, and growing investment of the defense sector in exoskeleton are promoting the growth of this […]Read More..
The semiconductor and circuit manufacturing market is expected to grow at a CAGR of 4.3% from 2020 to reach $522.7 billion by 2027, where Asia-Pacific semiconductor and circuit manufacturing market is expected to grow at the fastest CAGR during the forecast period. Semiconductor devices and circuits are used in diversified electronics devices including computers, laptops, […]Read More..
The global digital transformation market is expected to grow at a CAGR of 22.7% from 2019 to reach $3,294 billion by 2025 were, Asia Pacific global digital transformation market is expected to grow at the highest CAGR. Digital transformation has emerged as one of the most prominent strategies for public and private organizations over the […]Read More..
3D printing technology has been evolving faster than other manufacturing technologies as it can influence manufacturing processes and help businesses perform to a higher level. Further, 3D printing manufacturing line is easier to alter than the production line for traditional manufacturing. This makes it preferable for the bulk equipment manufacturing processes. Due to this advantage, […]Read More..