The global botanical and plant-derived drugs market is expected to grow at a significant CAGR during the forecast period. Botanical drugs are made from plants that have therapeutic properties. Algae and vegetable components, as well as microscopic fungus, are found in botanical drugs. Botanical and plant-derived drugs are used to treat a variety of conditions, […]
Category Archives: Technology
The global weather forecasting services market is anticipated to grow at a significant CAGR of 9.1% during the forecast period. The market growth is attributed to factors such as the growth of the agriculture industry in terms of technology and yield, the growth of aviation, logistics transportation, and media industries, increasing demand for weather forecasting services from […]
Digital twin market is anticipated to grow significantly at a CAGR of 40.2% over the forecast period. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2022, the […]
The global digital remittance market is anticipated to grow at a CAGR of 15.9% during the forecast period. Increasing use of digital remittance by various end user industries, especially in emerging d economic countries such as India, and China, is expected to drive the market growth in the forthcoming year. For instance, according to an Asian Development […]
Turret system Market is expected to grow at a CAGR of nearly 6.9% during the forecast period. The key factors contributing to the growth of the global turret system market include rising modernization in the military and increasing demand for turret gun systems in the military. Additionally, the rising demand for the unmanned aerial vehicle […]
The global social robots market is anticipated to grow at a CAGR of 19.2% during the forecast period. According to Pew Research Center, the US across the globally has the highest percentage of older adults living alone. Also, a report from the National Academies of Sciences, Engineering, and Medicine (NASEM) points out that more than one-third of […]
This Context Rich Systems Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and […]
The global residential Energy Storage System (ESS) market is anticipated to grow at a considerable CAGR of 23.8% during the forecast period (2023-2030). Advanced residential ESS launches are anticipated to drive the growth of the global residential ESS market. In May 2023, LG Energy Solution unveiled a new residential ESS “Prime+” featuring flexible capacity that meets individual […]
Cognitive radio market is anticipated to grow at a significant CAGR during the forecast period. Many organizations are implementing cognitive radio technology to improve the customer experience, increase the return on investment (RoI), and gain a competitive advantage in the wireless communication industry globally. The major factor for the growth of the market during the […]
The global enterprise VSAT system market is anticipated to grow at a significant CAGR of 4.3% during the forecast period of 2023-2030. The market growth is attributed to factors such as rising demand for secure data transmission, technological advancements in VSAT technologies and satellite technology, and growing adoption of cloud-based technologies among others. For instance, In March […]