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Markets and Markets Articles
Automation testing market worth $19.27bn by 2023
According to the new market research report 'Automation Testing Market by Technology (IoT, AI, and Big Data), Testing Type (Functional, Performance, Compatibility, and Security), Service (Advisory & Consulting, Managed, and Implementation), Endpoint Interface, and Region - Global Forecast to 2023', published by MarketsandMarkets, the automation testing market size is expected to grow from $8.52bn in 2018 to $19.2bn by 2023, at a CAGR of 17.7%...
WiFi market worth $15.60bn by 2022
According to the new market research report 'WiFi Market by Component (Solutions (Access Points and WLAN Controllers) and Services (Network Planning and Design)), Density (High-Density WiFi and Enterprise-Class WiFi), Vertical, and Region - Global Forecast to 2022', published by MarketsandMarkets, the WiFi market is expected to grow from $5.96bn in 2017 to $15.60bn by 2022, at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast peri...
Data Protection Market worth $119.95bn by 2022
According to the market research report 'Data Protection Market by Component (Solutions and Services (Professional Services and Managed Services)), Deployment Mode (On-premises and Cloud), Organisation Size (Large Enterprises and SMEs), Industry Vertical, and Region - Global Forecast to 2022', published by MarketsandMarkets, data protection market is expected to grow from $57.22bn in 2017 to $119.95bn by 2022, at a Compound Annual Growth Rat...
Cloud robotics market to be worth $7.51bn by 2022
According to the new market research report 'Cloud Robotics Market by Component (Software and Services), Service Model (IaaS, PaaS, and SaaS), Application, Deployment Model (Public, Private, and Hybrid Cloud), End-User (Verticals and Third-Party Users), and Region - Global Forecast to 2022', published by MarketsandMarkets, cloud robotics market size is expected to grow from $2.20bn in 2017 to $7.51bn by 2022, at a Compound Annual Growth...
Robot software market to be worth $7,527.1m by 2022
According to the new market research report 'Robot Software Market by Software Type (Recognition Software, Data Management & Analysis Software, and Communication Management Software), Robot Type (Industrial and Service Robot), Deployment Model, Vertical, and Region - Global Forecast to 2022', published by MarketsandMarkets, the robot software market size is expected to grow from $1,142.2m in 2017 to $7,527.1m by 2022, at a Compound Annual Gro...
Will the IoT engineering market increase dramatically by 2020?
According to the new market research report 'IoT Engineering Services Market by Service Type (Product Engineering, Cloud & Platform Engineering, UI/UX Design, Analytics, Security, Maintenance Services), End User, Vertical (Industrial Manufacturing and Automotive), and Region - Global Forecast to 2022', size is expected to grow from $9.87bn in 2017 to $29.53bn by 2022, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forec...
Digital disruption in the power industry
Globally, increasing demand for energy and power encourages companies operating in energy and power industry to adopt solutions that can help them enhance production output with minimum errors and reduced down-time. The products are offered specifically for the energy sector to enhance operations in the energy data management area. By Anand Shanker, Research Analyst at MarketsandMarkets.
Taking sensors to the next dimension
Sensors have become the backbone of the Internet of Things (IoT) ecosystem. Smart home, smart grid, intelligent transportation and smart healthcare are the basic infrastructure systems that are crucial for a connected world. MarketsandMarkets explain.
Smart sensors add a new dimension to IoT
When you think down to the core, sensors have become the backbone of the Internet of Things (IoT) ecosystem. With smart homes, smart grid, intelligent transportation, and even smart healthcare; this is just naming a few basic infrastructures that are crucial ingredients for the ‘connected world’ recipe. The increasing penetration of Internet of Things (IoT) across various sectors helps boost the growth of the sensor market.
Revolutionising mobile power
With the emerging technological trends, smartphones and wearable devices are becoming smart and more advanced. However, the dependence on power source still limits the performance of these devices. Mirza Shujaur Rahman, Senior Research Analyst, Electronics & Semiconductor Practice, MarketsandMarkets, explains.
AI in Fintech market will be worth $7,305.6m by 2022
According to the new research report 'AI in Fintech Market by Component (Solution, Service), Application Area (Virtual Assistant, Business Analytics & Reporting, Customer Behavioral Analytics), Deployment Mode (Cloud, On-Premises), and Region - Global forecast to 2022', published by MarketsandMarkets, the AI in Fintech market size is expected to grow from $1,337.7m in 2017 to $7,305.6m by 2022, at a Compound Annual Growth Rate (CAGR...
Vehicle analytics market worth $3,637.4m by 2022
According to the new research report 'Vehicle Analytics Market by Application (Safety and Security Management, Traffic Management, Usage-Based Insurance), Component, and End-User (OEMs, Service Providers, Automotive Dealers, Fleet Owners, Regulatory Bodies, and Insurers) - Global Forecast to 2022', published by MarketsandMarkets, the vehicle analytics market is expected to grow from $1124.1m in 2017 to $3637.4m by 2022, at a Compound Annual ...
Transforming the manufacturing ecosystem
The global industrial robotics market is expected to grow at a CAGR of 11.9% from $35.93bn in 2015 to $79.58bn by 2020.
Investigating the automotive embedded systems market
The technological advances in the electronics and telecommunications sector have enabled the development of various advanced systems in the automotive industry. The seamless integration of embedded systems in vehicles has enhanced their functionalities to provide services related to navigation, diagnostics, Internet connectivity, and advanced driver assistance systems (ADAS). Thus, the modern vehicle has grown beyond just a means of transport.
What is the automotive power electronics market driven by?
Power electronics technology helps in the efficient conduction and control of electric power in a vehicle. The electrical components of a vehicle - which can be classified into engine electronics, transmission electronics, chassis electronics, active safety, driver assistance, telematics, passenger comfort, and entertainment systems - require power systems such as DC/DC, DC/AC, and AC/DC. The power electronic components, such as controllers, gate...
Precision farming: Technological solution to global agricultural woes
The precision farming market was valued at $3.68bn in 2016, and is expected to grow at a CAGR of 13.5% to reach $7.87bn by 2020.
Printing the human body
The global 3D bioprinting market is projected to reach $1,332m by 2021 from an estimated $411.4m in 2016, at a CAGR of 26.5%.
What's driving in-vehicle infotainment systems?
Across mid-top end trims, in-vehicle infotainment systems are becoming a standard feature. It is still considered as a luxury feature in some markets but as a necessity in others. The infotainment system offers luxury, convenience, and a host of other features that connect the car to the cloud and other connected services. The infotainment system is a combination of components such as control panel, telematics device, and head up displays bu...
ADAS: A global opportunity ready to take off
The global Advanced Driver Assistance System (ADAS) market was valued at $25.81bn in 2015, and is projected to grow at a CAGR of 10.44% to reach a market size of $42bn by 2021.
Shining a light on automotive illumination solutions
With the increase in applications of lighting systems, especially in passenger cars, the demand for energy-efficient lighting is on the rise. Owing to the properties such as low power consumption and high design flexibility, the demand for LED lighting has grown significantly in the past few years, especially in the interior lighting segment. However, technologically advanced laser systems are also projected to evolve and gain momentum during the...