Category Archives: Technology

Micro-Display Market to see Rapid Growth by 2028

The global micro-display market is estimated to grow at a significant CAGR during the forecast period. Compact size, technical advancements in micro-display, rising demand for OLED micro-display, expanding use of micro-display in advanced driver-assistance systems (ADAS), and other factors are driving the global micro-display market. Near-to-Eye (NTE) displays and head-mounted displays (HMD) for immersive gaming, […]

Marine Cables and Connectors Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)

The global marine cables and connectors market is expected to grow at a significant CAGR during the forecast period (2021-2027). Since the first underwater cable was laid to transmit telegraphy traffic in 1850, marine cables and connectors have played a key role in the integration of various sub-systems and systems across a wide range of […]

Marine Battery Market Worldwide Industry Analysis, Future Demand and Forecast till 2028

The global marine battery market is anticipated to grow at a CAGR of 18.5% during the forecast period. According to a research study by Siemens, Denmark has 42 domestic routes along the Danish coast that are trafficked by 52 ferries. Several Danish companies have replaced traditional diesel propulsion with electric propulsion. As a result, 50,000 tonnes of […]

Heat-Treated Steel Plates Market to see Rapid Growth by 2028

The global heat-treated steel plates market is anticipated to grow at a CAGR of 3.2% during the forecast period. The global heat-treated steel plates market growth is driven by the increasing shipbuilding activities globally, especially in Asia-Pacific countries, such as Japan, South Korea, China, and Southeast Asian countries. Heat-treated steel plates are widely used in shipbuilding for […]

Electric Vehicle (EV) Test Equipment Market Will Generate Record Revenue by 2028

The global electric vehicle (EV) test equipment market is anticipated to grow at an exponential CAGR of 22.3% during the forecast period. One of the core factors that is contributing to the exponential growth of the market during the forecast period is the increasing participation and activeness of market players in EV test equipment. In recent times, […]

Cryptocurrency Payment Apps Market Sluggish Growth Rate Foreseen by 2022-2028

The global cryptocurrency payment apps market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growing adoption and increasing cryptocurrency payment options is boosting the global cryptocurrency payment apps market. According to Pew Research Center data of 2021, majority of the US adults have heard at least a little about cryptocurrencies […]

Blockchain Distributed Ledger Market to Witness Rapid Growth by 2028

The global blockchain distributed ledger market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The BFSI companies operating in the global market are rapidly adopting digital ledger technology to secure end-users financial and monetary data & identity. Technology applications including cross-border transactions, clearing and settlements, trade finance platforms, and credit reporting […]

Micromobility Market Booming Worldwide with Latest Trend and Future Scope by 2028

The global micromobility market is anticipated to grow at a considerable CAGR of 15.5% during the forecast period. According to a report by OECD, by 2050 around 55% of the global population will reside in cities as compared to 37% in 2075. Thus, the growing population has led to the emergence of thousands of new cities globally, […]

Automatic Identification System (AIS) Market Will Generate Record Revenue by 2028

The global automatic identification system market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. As the size and speed of ships have increased, the nature of sea transportation has changed over time. Further, with time the possibility of a signi?cant disaster, and the damage caused by the increased size of vessels […]

Subscription Billing Management Market Sluggish Growth Rate Foreseen by 2022-2028

The global subscription billing management market is anticipated to grow at a CAGR of 15.8% during the forecast period. Subscription billing is the payment model where companies have established a relationship with the customer to bill and invoice based on a specific schedule. The benefits associated with subscription billing management such as generating invoices quickly, faster payments, […]