3D printing market poised to garner maximum revenues
Demand of 3D printing in the medical industry for manufacturing of personalised medical implants and prostheses, as well as mass production without high cost with specified design in aerospace industry, will boost the 3D Printing market in upcoming years. Moreover, the major factor driving the market growth is the growing use of 3D printing in rapid prototyping, or real-time prototyping which benefits the whole design and production process, ulti...
Europe 5G devices market set to grow
Europe 5G devices market reached $270 million in 2019 and will grow by 39.6% over 2020-2030 owing to the rising adoption of advanced 5G devices in the region. 5G Devices market drivers are growing adoption of connectivity, wearable technology. Also with the upgradation of existing supporting infrastructure will present major opportunities for new players.
LoRaWAN market analysis & technological innovation
The global LoRaWAN market is projected to reach $5557.2 million, growing at a very high CAGR of 47.2% during 2019 to 2027. LoRaWAN, mainly designed for wide range and low power communications to cater to smart city applications that benefit from wireless battery-operated things and secure bi-directional communication, mobility, and localisation service.
How will 5G enabled IIoT dominate in the coming years?
Global 5G enabled IIoT market will reach $314.6 billion by 2030, growing by 26.9% annually over 2020 to 2030. The shipment of 5G enabled IIoT devices is expected to advance to 189.2 million units in 2030 driven by the fast-growing 5G deployment and its industrial applications.
Global xenon lamp market will grow with 9.03% CAGR
The analysts forecast the global xenon lamp market to exhibit a CAGR of 9.03% during the period 2019 to 2024. The report covers the present scenario and the growth prospects of the global xenon lamp for 2019-2024.