Terahertz technology market is anticipated to grow at a significant CAGR of 15.9% during the forecast period. The terahertz wave is an electromagnetic wave with a spectrum ranging between microwave and infrared. It has the advantages of low energy, non-invasive, high resolution, and penetration. The technology is utilized for various applications such as gas detection, […]
Category Archives: Business
Smart office market is anticipated to grow at a considerable CAGR of 12.6% during the forecast period. The rising need for safety & security systems at the workplace is one of the major factors driving the growth of the global smart office market and is anticipated to rise at a considerably high rate over the […]
Digital remittance market is anticipated to grow at a CAGR of 15.9% during the forecast period. The market growth can be attributed to the increasing fund transfers from migrant workers to their families. Moreover, the increasing number of cross-border transactions and the growing adoption of mobile-based payment channels are expected to propel market growth over […]
Waste sorting robots market is anticipated to grow at a CAGR of 19.6% during the forecast period. The increasing adoption of automation in numerous industries is propelling market growth. Similarly, the rising focus on proper management of waste along with the increasing demand for rapid waste management procedures to handle the large amount of garbage […]
Transportation security technology market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. The major factor driving the demand for transportation security technology is attributed to factors that include the growingintegration of technology to transit infrastructure.. Further growing launches of advanced tools for transportation security are some of the factors […]
AIS market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. The major factor driving the demand for automatic identification systems includes rapid globalization, international trade, and vessel traffic, rising safety concerns, and increasing regulations imposed by the government for the application of automatic identification systems. Also, the rapid evolution […]
Automatic industrial doors market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. Automatic doors offer numerous benefits such as easy access, energy saving, optimizing operational costs, and others. It also prevents air-conditioning from escaping and keeps the premises dust-free. The automatic operation of automatic doors offers an optimal solution […]
Smart plantation management system market is anticipated to grow at a CAGR of 5.9% during the forecast period. The increasing reliance of the agricultural sector on cloud computing, IoT technology, agricultural sensors, smart irrigation systems, and machine learning is expected to create a favourable environment for the smart plantation management systems industry. The advent of […]
Ultra high temperature (UHT) processing market is anticipated to grow at a considerable CAGR of 12.9% during the forecast period. The increasing application of UHT processing to dairy products, and for other food items such as soups, fruit juices, dairy alternatives, honey, wine, and soups is aiding market diversification. Many organic food products such as […]
Collision avoidance sensors market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. The major factor driving the demand for collision avoidance sensors includes the rising integration of technological advancements in sensor along with the rise in the adoption of collision avoidance sensors in various military equipment’s and other end-use […]