Category Archives: Technology

Smart Retail Market to Witness Growth Acceleration by 2028

The global smart retail market is anticipated to grow at a considerable CAGR of 26.1 % during the forecast period. The growing deployment of AI and mobile POS is positively supporting the market during the forecast period. Retailers use AI technology to automate certain processes within their business, such as customer service or product management. […]

Smart Office Market Sluggish Growth Rate Foreseen by 2022-2028

 The smart office market is anticipated to grow at a considerable CAGR of 12.6% during the forecast period. The growing use of the Internet of things (IoT) is expanding at a faster rate from homes to offices and large-scale application of 5G, big data, artificial intelligence (AI), and other technologies has allowed the concept of the smart […]

Quantum Cryptography Market to see Rapid Growth by 2028

The global quantum cryptography market is estimated to witness considerable growth during the forecast period. A significant focus on next-generation cybersecurity solution has witnessed to strengthen the cyber-infrastructure. For instance, China is spending nearly $10 billion to establish a quantum research facility in Hefei. Apart from these, the number of Chinese applications and patents filed related to […]

Payment Processing Solutions Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)

The global payment processing solutions market is growing at a significant CAGR during the forecast period. Payment processing is a method in which a merchant appoints a payment processing company to handle the transactions from credit cards, debit cards, merchant banks and so on. Today consumers have a lot of options to make payment for purchasing of […]

Medical Tubing Market Sluggish Growth Rate Foreseen by 2022-2028

The global medical tubing market is anticipated to grow at a CAGR of 8.5% during the forecast period. The medical industry is adopting the latest technological medical tubes to ease the work along with providing safety and comfort to patients. The key players are manufacturing medical tubeing solution with technological feactures to stay competitive in market. For […]

Finance Lease Market to see Rapid Growth by 2028

The global finance lease market is anticipated to grow at a significant CAGR  during the forecast period. The global finance leasing market is expected to be driven by rising demand for expensive machinery, equipment, and other critical assets from incumbents in industries such as healthcare, construction, and IT & telecom. A finance lease is a […]

Automotive Robotics Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)

The global automotive robotics market is anticipated to grow at a CAGR of 11.1 % during the forecast period (2022-2028). The introduction of robots in automotive industry for different applications is driving the market growth. New developments in the industry will also cater to the growing demand for automotive robotics further surging the market growth. Recent Developments […]

Anti-Money Laundering (AML) Market Sluggish Growth Rate Foreseen by 2022-2028

The global AML market is anticipated to grow at a significant CAGR of 15.2% during the forecast period. The increased adoption of AI and ML (machine learning) and advanced technologies in developing AML solutions will fuel the AML market. AI & ML help to identify and deactivate the 98% of cases that are false positives, […]

Hospitality Robots Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)

The global hospitality robots market is anticipated to grow at a CAGR of 24.6% during the forecast period (2022-2028). Robot technology continues to improve, and delivery robots in hotels are attracting attention from venture capitalists and entrepreneurs. The growing adoption of delivery robots to deliver food, mail, and amenities ordered by customers is expected to accelerate market […]

Optical Interconnect Market to see Huge Growth by 2028

The global market for optical interconnect is projected to have considerable CAGR during the forecast period.  The major factors that propels the optical interconnect market include growing deployment of data centers, increasing adoption of big data analytics and cloud-based services across the globe. The rise in the demand for cloud-based services is further projected to […]