The global automated container terminal market is expected to grow at a CAGR of more than 4.0% during the forecast period. The emerging focus on port automation is offering an opportunity for the growth of the market. The major driving factor for the automation in ports is to minimize the cost per handled container (cost per move) […]
Category Archives: Technology
The global IoT (Internet of Things) sensors market is estimated to grow at a CAGR of more than 25.0% during the forecast period. Rising smart city projects are offering an opportunity for the growth of the market. A significant number of smart city projects reported in the US, China, and Germany. According to the German Asia-Pacific Business […]
The global smart factory market is estimated to grow at a significant CAGR of XX% during the forecast period. The market for the smart factory is growing due to the increasing adoption of machine learning and deep learning technologies by the manufacturing sector for smart manufacturing and supply process. The manufacturing industry has been home […]
The global digital utility market is estimated to grow at a significant CAGR of XX% during the forecast period. The market is mainly driven due to the increasing use of unpredictable renewable energy sources in power generation which has caused an imbalance of energy demand and supply. For managing this, utilities, independent power producers and […]
The global cognitive data management market is projected to grow at a significant CAGR during the forecast period owing to the growing digital data across various sectors. Currently, a majority of the global data arises from the private sector, such as IT & telecom and retail firms. Some companies, such as Facebook and Google managed to monetize […]
The global DXP market is projected to grow at a significant CAGR during the forecast period owing to the growing demand for DXP solutions in the retail industry. Increasing the organized retail and e-commerce market is one of the major factors which is providing a significant market to the segment. The retail customer experience software platform is […]
The introductions of various new EV (Electric Vehicle) models are one of the major drivers for the insulated-gate bipolar transistor market growth for a couple of years. Nissan Leaf introduced in 2013. After that, BMW i3 was introduced in 2015 and Jaguar I-PACE in 2019. A number of companies are expected to launch their EV […]
The global AI in drug discovery market is estimated to grow significantly, at a CAGR of 51.3%, during the forecast period. In recent years, the demand for early and accurate detection of diseases is increasing rapidly. The major reason for the early detection of diseases is that people are becoming more conscious about their health. Advancement in […]
The global AI in the BFSI market is estimated to grow significantly, at a CAGR of 34.3%, during the forecast period. The applications of AI in banking involve developing proactive risk management systems and achieving productivity gains. Regardless of the nascent stage of AI adoption, the profits have already been realized at numerous large-scale banks over the […]
The growth in the cyber-attacks is majorly attributed to the increasing adoption of cloud-based services in the region, as cloud computing platforms are more vulnerable to cyber-attacks and data leakages. It is having been observed that the means of the cyber-attacks varies, however the pattern remains the same. Large database and point of sale systems […]