Factors such as the soaring demand for fabricated metals in the automobile sector, increasing application of hydraulic press machines in the manufacturing sector, and rapid automation in the industrial sector are expected to help generate revenue of $11,733.2 million for the hydraulic press machine market by 2023. According to P&S Intelligence, the market will advance at a CAGR… Continue

Integrating the newest 5G networks with communication satellites is called 5G satellite communication. The truly high transmission speed, reduced latency, and increased connection promised by 5G networks will be made possible with the aid of this integration.



The incorporation of satellites will also open the door to implementing virtual networks and providing more… Continue

Data Center Infrastructure Management Market has experienced a growth of-late. The requirement for gaining end-to-end visibility for forecasting capacity management requirements, actions for improving the uptime of the data center, energy efficiency, growing demand for sustainability and a low carbon footprint, and increasing count of hyperscale data centers are responsible for the growth of the industry



The asset management category will hold the largest share in the future.IT asset… Continue

The global light sensor market is predicted to grow at a significant CAGR in the coming years. The growing usage of consumer electronics, reduction of sensors, and rising demand for using renewable energy sources are the main factors influencing the need for light sensors. The development of smart homes, outdoor lighting, and the automotive industry are further factors that are expected to… Continue

Compressors are essential to the smooth running of workshops and factories all over the world in the current pneumatics industry. They weren't always, though. In the history of the machine era, air compressors have been a comparatively new development.



Before the invention of air compressors, several tools relied on intricate systems that included belts, wheels, and… Continue

From $24.6 billion in 2019, the global commercial refrigeration equipment market value is predicted to surge to $33.9 billion by 2030. According to the estimates of the market research company, P&S Intelligence, the market will exhibit a CAGR of 3.0% from 2020 to 2030 (forecast period). The major factors driving the expansion of the market are the burgeoning requirement… Continue

The major drivers for the key management as a service (KMaaS) market are the rising incidence of data breaches and increasing regulatory compliance requirements. As a result, the revenue generated by industry players will increase from $511.9 million in 2019 at a 25.9% CAGR during 2020–2030 (forecast period). Such solutions are helpful in the management of the entire lifecycle of… Continue

The global web conferencing market attained a valuation of $2,109.3 million in 2019 and is predicted to generate a revenue of $78,547.9 million by 2030. According to the forecast of P&S Intelligence, a market research company based in India, the market will progress at a CAGR of 39.3% between 2020 and 2030. The factors fueling the progress of the market are the surging utilization… Continue

With rapid technological advancements and innovations, the internet is becoming more accessible and affordable across the world. As per Our World in Data, the total number of internet users in India, the U.S., and China is 391 million, 245 million, and 765 million, respectively. Furthermore, as per the World Bank, around 49% of the global population had access to the internet in 2017. With the help of the internet, people are able to easily use connected fitness devices for measuring various… Continue

In 2021, the size of the building automation system market was $77.1 billion, and it will reach $207.5 billion by 2030, propelling at a growth rate of about 12% during 2021–2030. The increasing need for energy-efficient infra, lower cost of operations and upkeep, improved quality of indoor air, and managed home automation services and the progressions in sensors, communication technologies, touchscreen displays, and analytics take the market forward.



Commercial users have the largest… Continue

As per a statement by P&S Intelligence, the total revenue of the global network attached storage market was USD 22,850 million in 2022, and it will grow at a rate of 13.55% in the years to come, to touch USD 63,151 million by 2030.



The on-premises category will have the largest share. This mode of deployment lets companies store all the important data on their servers,… Continue

The identity and access management market was stood at $12,762.3 million in 2021, it is expected to progress at a rate of 13.3% from 2021 to 2030, to acquire $39,184.4 million revenue by 2030. The identify and access management is a security discipline to allow the access of proper resources to authorized users at the right times for right reasons. It enables end users to… Continue

The size of the self-service technology market was above $33 billion in 2021, and it will reach about $78 billion by 2030, at a rate of about 10% in the years to come. The growth is largely credited to the increase in demand for self-service machines, automated devices, remote administration solutions, and wireless connectivity.



ATMs had the largest share, of over 50%,… Continue

The smart homes market was valued at $82.0 billion in 2021, and it is set to reach $196.5 billion by 2030, growing at a CAGR of 10.2% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.



This can be ascribed to the increasing per-capita income of people from developing countries, the growing number of internet users, the budding… Continue