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News & Analysis
9th May 2022
iOS based apps command over half of fitness apps revenue

According to a recently published analysis by ESOMAR-certified market research and consulting firm, the Fitness Apps market revenue reached US$ 1.1 Bn in 2021 and is predicted to reach US$ 8.1 Bn by the end of 2032, by growing at a CAGR of nearly 20% during the next 10 years.The global market is likely to offer an absolute dollar opportunity of around US$ 6.8 Bn, where Exercise and Weight Loss category commands the largest share of 49%.

Women in Tech
4th May 2022
Growth of women in the field of technology

The digitalisation of workspaces is prompting more women to join tech companies. In addition, the growing demand for pursuing STEM courses in developing countries has generated a plethora of opportunities for women at tech companies. Aditi Basu, Marketing Head at Future Market Insights, discusses the rising dominance of women in tech roles.

5G
4th April 2022
5G in automotive market to thrive at CAGR of 26% to 2030

The rising penetration of advanced technologies, including 5G and IoT, into the automotive and transportation sectors is anticipated to bestow lucrative revenue opportunities to market players.

Medical
21st March 2022
Healthcare as a new battleground among tech giants

Healthcare is a $3.6tn industry – too lucrative for tech companies to ignore. According to the Centre for Medicare and Medicaid Services (CMS), US health spending is expected to increase 5.5% annually on average through 2026. Saurabh Sharma, General Manager Healthcare Research at Future Market Insights discusses.

Robotics
11th March 2022
Chasing productivity in manufacturing with cobots

Across the spectrum of smart technology, it’s clear that everything from computers and cars to heavy machinery, and MedTech are becoming more intelligent every day. Nikhil Kaitwade, Associate Vice President of Market Research at Future Market Insights reports.

Automotive
10th March 2022
ADAS sensors market analysis by Future Market Insights

Future Market Insights explains that electrification and autonomous mobility have the potential to be game changers for ADAS (advanced driver assistance systems), particularly in the sensors market.

Robotics
10th February 2022
Cyber security in robotics market

A market research report by ESOMAR-certified market research and consulting firm on cyber security in robotics market includes industry analysis 2014-2021 and opportunity assessment 2022-2029. As per the findings of the report, the cyber security in robotics market reached a value of US 3.5 Bn in 2022.

Analysis
31st January 2022
'Enterprise Asset Management Market' summarised

An ESOMAR-certified marker research and consulting firm, has recently published a market research report titled “Enterprise Asset Management Market – Global Industry Analysis 2014 – 2021 and Opportunity Assessment 2022 – 2028.” Growth of Artificial Intelligence (AI) and drone-based enterprise solutions are among factors driving the enterprise asset management market. AI helps improve data handling to make better deci...

Automotive
21st January 2022
Automotive remote diagnostics demand surges with EV

The automotive remote diagnostics market is projected to record a CAGR of nearly 18% through 2028. Growth of the automotive remote diagnostics market will continue to remain bolstered by a plethora of factors, which range from increasing focus of automakers on reducing maintenance cost & downtime and growing integration of IoT, to the emergence of connected car eco-systems in vehicles.

Automotive
17th January 2022
FMI Study reports upward trend of Vehicle electrification

According to a new study by ESOMAR-certified market research and consulting firm, the automotive remote diagnostics market is projected to record a CAGR of nearly 18% through 2028. Growth of the automotive remote diagnostics market will continue to remain bolstered by a plethora of factors, which range from increasing focus of automakers on reducing maintenance cost & downtime and growing integration of IoT, to the emergence of connected car ...

Analysis
26th March 2021
Will industrial robot sales recover in 2021?

Recovery in automotive industry and sustained momentum from food sector will be key to industrial robots recovery in 2021, a new edition of the report on Industrial Robots by an ESOMAR-certified marker research and consulting firm has found. According to the study, demand for industrial robots witnessed a deceleration in 2020, however, as economic recovery has commenced, manufacturers can look forward to opportunities to emerge.

Analysis
27th January 2020
Healthcare equipment makes up quarter of optical encoder demand

According to new research, rapid upsurge in adoption of absolute optical encoders in robotics is driving the growth of optical encoder market. Between 2019 and 2029, the global sales of optical encoders are projected for a robust hike at around nine percent CAGR, indicates a new research study. 

Analysis
6th November 2019
Automotive repair and maintenance market to flourish

A new market intelligence report outlines the growth trails of the automotive repair and maintenance services market which is estimated to reach a value of ~$530bn in 2019. The demand for automotive repair and maintenance services has been gaining a boost from increasing vehicle age and poor quality of road infrastructure, especially in low- and mid-income countries.

Analysis
6th November 2019
Advanced gripping technology catalyst to market growth

A new market research study on the robotic gripper market contains global industry analysis 2014 to 2018 and opportunity assessment 2019-2029. The report investigates the robotic gripper market and provides critical insights for the forecast period of 2019 to 2029. 

Power
5th November 2019
What does the future hold for the lithium battery market?

A report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2019-2029. As per the findings of the report, the global lithium and lithium ion battery electrolytes market is projected to experience steady growth over the forecast period, due to multiple driving factors, such as increasing battery applications in automotive and consumer electronic manufacturing acti...

Analysis
11th September 2019
The turning point of the collaborative robots market

A report investigates the collaborative robots market and provides critical insights for the forecast period of 2019 to 2029. As per the findings of the report, the global collaborative robots market is anticipated to experience substantial growth over the forecast period due to multiple driving factors such as, growing adoption of automation in end-use industry and reduction in labour cost coupled with high precision work and high regional deman...

Analysis
9th September 2019
Interior innovations favouring the automotive load floor market

The global automotive load floor market was valued at two billion dollars in 2018 and is projected to increase at a CAGR of five percent during the forecast period of 2019 to 2029.

Power
22nd August 2019
Power management integrated circuit to grow at 6.4% in 2019

The Power Management Integrated Circuit (PMIC) market surpassed value worth $20.9bn in 2018, as per a study. The market is projected to grow at 6.4% y-o-y in 2019 and key factors responsible for the projected growth of the market include, rising sales of smart devices across the globe, growing energy harvesting initiatives, introduction of compact and high efficiency PMICs and on-going industrial automation and vehicle electrification.

Optoelectronics
12th August 2019
Automotive lighting manufacturers shifting strategic focus

According to a study, worldwide sales of automotive lighting reached two billion units, equating a value of $36.5bn in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the sales of passenger cars. 

Optoelectronics
5th August 2019
Automakers invest in interior ambient lighting systems

A recently published report suggests that the sales of automotive interior ambient lighting systems reached ~2.7 million units in 2018, equating the revenues worth $28bn. As fuel efficiency, low emission, and high performance can no longer suffice the evolving vehicle selection criteria of consumers, automakers continue to face pressure of implementing multifaceted strategies.

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