Search and rescue robots market is anticipated to grow at a CAGR of 21.1% during the forecast period. One of the core factors that is fuelling the market is the growing advanced technologies. The integration of technologies such as artificial intelligence (AI), machine learning, sensors, actuators, and more has intensified the applications of robots in […]
Category Archives: Business
Automotive diagnostic tools market is anticipated to grow at a significant CAGR of 5.6% during the forecast period. One of the key factors fuelling the market includes the rising technological advancement in the automobile industry. Vehicle making has become gradually complex with more applications of technologies such as advanced driver assistance systems (ADAS) and electronic […]
Biometric vehicle access market is anticipated to grow at a CAGR of 14.0% during the forecast period. Biometric vehicle access system technology is easy to use, reliable, and efficient. The programs are especially popular with well-known car companies such as Mercedes-Benz, BMW, Ford, and Volkswagen. The models adopt the technology of access to biometric vehicles […]
The global modular robotics market is anticipated to grow at a moderate CAGR of 17.5% during the forecast period. The new product launches by players operating in the global modular robotics market are driving the growth of the global modular robotics market. For instance, in July 2022, Beckhoff introduced the ATRO Modular Robot. The ATRO (Automation Technology […]
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 […]
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 […]