The value of the consumer drones market was around $3,523 million in 2021, and it is projected to grow at the rate of around 14% in the future, to reach around $11,663 by 2030. The demand for drones for recreational and commercial activities is growing. Also, the usage of these equipment in businesses has increased in different sectors because of features like data analytics and drive efficiency.
The unmanned aerial vehicle has less human involvement, it is cost-efficient and saves…
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Added by Anany joshi on November 25, 2022 at 3:38am —
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According to the Government of China, any person with an income of $7,250 to $62,500 is defined as middle class. As per the World Bank, the gross national income per capita of the country has surged from $9,620 in 2018 to $10,410 in 2019. A surge in middle-class income has, therefore, increased the penetration of consumer electronics, such as laptops, smartphones, gaming consoles, and solar panels in the country. As semiconductors have become an essential component of such products, a boom in…
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Added by Anany joshi on November 23, 2022 at 1:06am —
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The diaper market is will hit a value of around $ 91 billion in 2030. The snowballing number of working females and the increasing adult population around the world are some of the major factors of growth propelling the total diaper industry. Furthermore, rapid advancement is expected in the countries like China, India, South Korea, Australia, and the MEA in this decade, owing to the surging count of working women, growing population, and rising rate of urbanization.
In the outlook…
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Added by Anany joshi on November 21, 2022 at 3:32am —
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From $64.8 billion in 2019, the human enhancement market revenue is predicted to surge to $271.6 billion by 2030. According to the estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 14.7% during 2020–2030 (forecast period). The rising prevalence of neurological diseases and growing adoption of exoskeletons at rehabilitation centers are some of the major factors fueling the progress of the market across the globe.
In recent years, the…
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Added by Anany joshi on November 18, 2022 at 2:37am —
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The U.A.E. heating equipment market reached a valuation of $89.5 million in 2019 and is predicted to register a CAGR of 2.9% between 2020 and 2030. Furthermore, the market will generate
$121.4 million revenue by 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The prominent factors fueling the boom of the market are the burgeoning requirement for…
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Added by Anany joshi on November 17, 2022 at 4:27am —
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The International Telecommunication Union (ITU) World Telecommunication/Information and Communications Technology (ICT) Indicators Database reveals that 56.727% of the people all over the world were using the internet in 2019, registering a surge of 7% from 2018. The increasing number of internet users is intensifying data traffic, owing to which the demand for higher bandwidth is soaring. The relentless need for higher bandwidth is creating an enormous…
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Added by Anany joshi on November 16, 2022 at 2:00am —
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The cold storage equipment utilized in commercial settings is referred to as
commercial refrigeration equipment. Instances include the reach-in freezers and refrigerators found in convenience stores, specialty food stores, grocery stores, and supermarkets. Commercial refrigeration equipment would also include the walk-in freezers and refrigerators used in cafeterias and…
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Added by Anany joshi on November 15, 2022 at 5:11am —
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Good sleep is very important for maintaining a healthy life. Sleep disorders are conditions that avert people from getting restful sleep and, consequently, can cause daytime drowsiness and other symptoms. Every person can experience sleep disorders from time to time. The obstructive sleep apnea (OSA) syndrome is a predominant disorder, affecting at least 4% of males and 2% of females. The ailment is linked with recurrent episodes of a partial or complete upper airway occlusion throughout the…
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Added by Anany joshi on November 14, 2022 at 5:51am —
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The World Meteorological Organization (WMO) states that the temperature of the year 2020 was 1.2 °C above the pre-industrial average. The WMO forecasts that there is a 20% chance that average global temperature will temporarily rise by 1.5 °C by 2024. This can be attributed to the emission of greenhouse gases (GHGs), such as carbon dioxide (CO2), methane (CH4), and nitrous oxides (NOx) owing to the combustion of fossil fuels, such as coal, natural gas, and petroleum. The soaring global…
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Added by Anany joshi on November 11, 2022 at 4:06am —
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The automation of the retail sector has led to effective warehouse and inventory management, increased physical store management efficiency, and enhanced omnichannel presence for retailers. The accelerating automation rate has also led to the adoption of
electronic shelf labels (ESLs) at retail stores as they are useful in scheduling service and delivery and displaying and managing…
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Added by Anany joshi on November 10, 2022 at 3:24am —
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Automating the time-consuming, repetitive operations of developing a machine learning model is a method known as
automated machine learning, often known as automated ML or AutoML. It enables model quality to be maintained as ML models are built at a high scale, efficiency, and productivity by analysts, data scientists, and developers.
The production and comparison of…
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Added by Anany joshi on November 9, 2022 at 1:34am —
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The smart home appliances market size was $34.8 billion in the year 2021, and it will experience a growth rate of about 17% in the coming years to reach $139.0 billion in 2030. The industry is largely driven by the increasing penetration of the internet and smartphones, the progression in technologies, and the constantly refining lifestyle of the people.
People are investing in home improvement and remodeling projects to upgrade their obsolete household structures, consequently in…
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Added by Anany joshi on November 8, 2022 at 2:07am —
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The vitamin supplements industry has garnered $47,328.60 million revenue, and it is projected to rise at a 5.9% rate from 2021 to 2030, to capture $79,615.50 million revenue in 2030. It is led by an increasing elderly population, growing demand for sports nutritional products, surging consumer awareness on nutritional health and wellness, along with increasing incidences of chronic diseases.
Multivitamins capture the largest revenue share, accounting for over 42%. It is projected to…
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Added by Anany joshi on November 7, 2022 at 2:11am —
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Contact center software is a technology solution developed for managing all the conversations between agents and customers. It supports businesses in offering omnichannel customer service and customer relationship management. It also offers a unified view of all types of customer communications across various communication platforms such as social media, email, phone calls, SMS, and other messaging apps. Due to the increasing focus of companies on enhancing their engagement with customers, the…
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Added by Anany joshi on November 4, 2022 at 4:55am —
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The packaging automation market generated $61,848.5 million in revenue, and it is projected to advance at a rate of 8.2% from 2021 to 2030. The increasing manufacturing activities, rapid industrialization, and surging adoption of automation in the manufacturing sector boost industry growth. Besides this, the lower requirement for labor also proliferates the industry.…
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Added by Anany joshi on November 2, 2022 at 1:50am —
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The global maritime surveillance industry generates $22,254.6 million revenue, and it is projected to rise at a rate of 6.8% in the coming future and contribute to $40,386.4 million in 2030. It is due to factors such as growing maritime threats, including piracy and strict regulations for international sea trade.
Japan and China are the major five ship-owning…
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Added by Anany joshi on November 1, 2022 at 12:52am —
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