The global target drone market is anticipated to grow at a CAGR of 7.1% during the forecast period. The growing investment in the acquisition of target drones is a key factor driving the growth of the global target drone market. For instance, in February 2020, Kratos Defense & Security Solutions, Inc. received a $20 million contract award […]
Category Archives: Business
Corporate e-learning market is anticipated to grow at a CAGR of 20.5 % during the forecast period. The market is estimated to witness significant growth owing to its ability to upskill the staff at a faster pace, the growing acceptance of the 4.0 industry by key players which includes AI, robotics, cloud computing, and other […]
Robotics as a service market is anticipated to grow at a CAGR of 14.6% during the forecast period. Robots-as-a-Service (RaaS) offers various benefits of automation to small businesses. It is a cloud-based “robotic rental” system that allows users to incorporate the capabilities to upgrade or downgrade systems as per the requirements. The user can also […]
Virtual event platform market is anticipated to grow at a CAGR of around 12% during the forecast period (2025-2031). The growth of the market is driven by the increasing adoption of digital media marketing platforms to expand the audience base, the rising popularity of online streaming to replace face-to-face presentations, shifting business to a remote […]
Blockchain distributed ledger market is anticipated to grow at a CAGR of 52.6% during the forecast period. The primary factor that drives the market growth is the increasing adoption trend of distributed ledger among various large & medium size enterprises, and increasing awareness associated with blockchain distributed ledger application among numerous industries drives the market […]
Network forensic market is anticipated to grow at a CAGR of 11.2% during the forecast period. Network forensic refers to a digital forensic solution mainly used for the retrieval and inspection of information regarding network traffic and events to prevent cyberattacks. One of the prominent factors that drive the market demand is the increasing incidence […]
Robotic sensors market is anticipated to grow at a CAGR of 10.4% during the forecast period. The market is mainly driven owing to the rapidly embracing of sensor-enabled collaborative robots in manufacturing firms to automate various activities, such as pick and place quality insepection, moving products from one place to another, and others. Sensors built […]
Smart shelves market is anticipated to grow at a significant CAGR of 21.4% during the forecast period. Smart Shelves are technology-enabled shelves used to automatically track inventory in retail stores. It enables retailers to check inventory levels and know when a product is out of stock. It enables real-time stock information and inventory management, correct […]
Wire wedge bonder equipment market is anticipated to grow at a CAGR of 3.0% during the forecast period. One of the prominent factors that fueled the market growth is the increasing modifications and advances in the manufacturing processes, coupled with the rising production of electronic products across the globe, and the advent of new chip […]
Autonomous delivery robots market is anticipated to grow at a significant CAGR of 27.9% during the forecast period. Expansion of e-commerce and online retail, growing food aggregator and delivery services, and the rising demand for delivery robots in the end-use industries are some of the primary factors driving the growth of global autonomous delivery robots […]