The automatic number plate recognition market is expected to bring tremendous growth prospects across the forecast period of 2020-2030. The growing adoption of these plates for traffic management and enforcement in the public sector will serve as a dominant growth-contributing factor for automatic number plate recognition market.

Automatic number plate recognition systems are advanced computer-vision based technologies which are capable of reading and identifying number plates without…

Transparency Market Research delivers key insights on the global microgrid-as-a-service (MaaS) market. In terms of revenue, the global microgrid-as-a-service market is estimated to expand at a CAGR of ~14% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global microgrid-as-a-service market.

Microgrid-as-a-service is a cloud-based microgrid control solution that allows a third party to utilize the…

The advancements in technologies have transformed many businesses and sectors around the world. Technology is also helping varied corporate companies and firms to ease their workload and employee management. The Human Resources department is one of the important components of any organization. They are responsible for managing the employees, understand their grievances, solve their problems as well as find solutions to them.

Technological advancements are playing a key role in…

Manufacturing Execution Systems (MES) are a specialized class of production-oriented software that monitors, manages, and coordinates the implementation of physical processes in the conversion of raw materials into intermediate or/ and end products in real-time.

These systems synchronize work order execution with production planning and enterprise-grade systems such as Product Life Cycle Management (PLM) and ERP. MES applications also provide feedback on process performance, and support…

Active network management ensures efficient connection between separate components of a smart grid such as storage device, energy generators, and renewable generation. It monitors and controls the operation of the components through software. Some of the major operating methodologies of active network management includes data acquisition and management, substation and network monitoring, substation and distribution network automation, real-time control, and communication architecture and…

A new publication by Transparency Market Research states that the competitive landscape of the global laser diode market is estimated to be dominated by key players such as ASML Holding NV, Coherent Inc., and Rofin-Sinar Technologies Inc. In the recent past, these three companies accounted for more than half of the market collectively.

Laser diodes like laser printers, CD players, laser printers, laser pointers, industrial processing machineries, and research and development are…

According to a new report published by Transparency Market Research, the global digital rights management market is expected to reach value of US$ 9,086.8 Mn by 2026, due to significant rise in usage of digital rights management modules. The market is projected to expand at a CAGR of 15.3% from 2018 to 2026. This growth is attributable to the rising demand for advanced digital rights management solutions and services from industries and increasing adoption of on-premise deployment models to…

Transparency Market Research delivers key insights on the global multispace parking meter market. In terms of revenue, the global multispace parking meter market is estimated to expand at a CAGR of 8.8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global multispace parking meter market.

Multispace parking meters are used for large parking spaces to collect parking charges according to the…

Electronic equipment repair service providers offer repair services for equipment such as consumer electronics, home appliances, medical equipment, and industrial equipment. At present, the consumer electronics segment of the electronic equipment repair service market is expanding at a higher rate due to increase in equipment failure rates and cost benefits of repairing old equipment instead of disposing it. Furthermore, the medical equipment segment is expected to maintain its market share…

Artificial Intelligence (AI) has come a long way and has influenced the overall working of various businesses and sectors worldwide. The penetration of modernization in all sectors is signaling a shift toward advanced technologies. These aspects have influenced the growth of the artificial intelligence market and will continue to do so in the future.

The expansive utilization of AI in various sectors and businesses is breathing fresh air of growth across the artificial intelligence…

the global chip resistor market is expected to reach value of US$ 2,647.8 by 2027. The market is projected to expand at a CAGR of 6.14% from 2019 to 2027. According to the report, the market would continue to be influenced by the increasing digitization in industries across the globe. In terms of demand, Asia Pacific is projected to lead the global market, with the market in the region expanding at a CAGR of 7.33% during the forecast period.

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A research report by Transparency Market Research (TMR) states that the global e-discovery market is projected to register growth at a CAGR of 8.9% during the forecast period from 2021 to 2031.

Regulatory bodies of several nations around the world are shifting toward digitalization of their major operations. Moreover, they are growing initiatives to encourage the people to adopt digitalization so as to decrease their overhead cost, according to analysts of a study by TMR on the global…

Continued investments in boosting efficient transportation networks especially in cities are expanding opportunities for all stakeholders in the intelligent transportation system market. Increased emphasis by governments in numerous countries on safe and sustainable public transport has spurred use of intelligent transportation system (ITS) in traffic management, automotive telematics, parking management, and freight management, suggest recent trends in intelligent transportation systems.…

The value of the global flexible display market stood at US$ 14.9 Bn in 2021. The market is likely to expand at a CAGR of 33.1% during the forecast period, from 2022 to 2031. The global flexible display market is predicted to surpass the valuation of US$ 242.6 Bn by 2031. Flexible displays include characteristics such as plastic-like thinness, lightweight, and durability, as well as the flexibility to be curved accurately and utilized in a variety of smart devices. Flexible display…

According to the report, the global vehicle battery market is projected to surpass US$ 65 Bn by 2030, expanding at a CAGR of ~3% during the forecast period. Rise in trade and distance between manufacturing units and end users are likely to boost the market for vehicle batteries during forecast period. Majority of countries, including Italy, China, Germany, India, the U.S., the U.K., France, and Japan are enacting stringent regulations and vehicle standards pertaining to vehicle emission,…