As per a report by P&S Intelligence, the global 5G in healthcare market
generated a value of USD 40.2 billion in 2022, and it will grow at a 17.6% CAGR, to touch USD 147 billion, by 2030.
This growth can be credited to the growing 5G infrastructure, increasing count of launches of AR/VR devices for medicinal applications, rising healthcare industry, rising demand for high-speed…
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Added by Anany joshi on November 30, 2023 at 1:46am —
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The global smart card IC market will touch USD 4,929.8 million, propelling at a 7.1% compound annual growth rate, by 2030. This is mainly because of the growing utilization of financial cards and other safe payment solutions. Moreover, the acceptance of smart IDs in educational organizations and e-governance projects are propelling growth.
The growing need for safe payment solutions is one of the major reasons because of why the industry is rising at a high pace. As the count of…
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Added by Anany joshi on November 28, 2023 at 11:57pm —
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The compressor rental market is estimated to
generate USD 5,104.2 million in 2023, which will touch USD 7,439.6 million, progressing at a 5.7% compound annual growth rate, by 2030.
The progression of this industry is because of the extensive application of compressors across different sectors, including automotive, aerospace, construction, and manufacturing. Moreover, the demand…
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Added by Anany joshi on November 28, 2023 at 12:26am —
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The value of the patient registry software market stood at USD 2,091.0 million in 2023, and this number is projected to reach USD 5,638.3 million by 2030, advancing at a
CAGR of 15.3% during the projection period. The need for integrated registries is being boosted by the increasing occurrence of chronic illnesses, like diabetes, cancer, and cardiovascular illnesses, and…
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Added by Anany joshi on November 26, 2023 at 11:53pm —
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The total size of the e-cigarette market was USD 17,901.1 million in 2022, and it will reach
USD 38,631.1 million by 2030, advancing at a rate of 10.1% in the years to come, as per P&S Intelligence. The decrease in conventional cigarette smoking is a major driver, with consumers shifting toward safer alternatives, including electronic cigarettes.
The growing consciousness about the…
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Added by Anany joshi on November 24, 2023 at 12:00am —
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Think of a house where a non-invasive health check is automatically done when people walk in and a bed equipped with sensors that can identify any signs of irregularities in the body. Such scenarios are gradually becoming a reality.
Home care technologies are an inexpensive substitute for other healthcare services, for instance, in-home patient care, assisted living, and nursing homes, which enables close monitoring of patient or people's health at home. The acceptance of…
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Added by Anany joshi on November 22, 2023 at 1:42am —
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For a lot of people these days, life without their smartphone is unimaginable. With their utility expanding way beyond calling and messaging, these electronics are virtually serving as people’s personal assistants. One of the strongest impacts of the increasing smartphone usage has been on the
retail industry. More and more people are now shopping online, than going to the good-old…
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Added by Anany joshi on November 21, 2023 at 12:43am —
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Customers can process their purchases from a shop using self-checkout, also known as a
self-service checkout system. They were introduced as a substitute to the standard checkout with cashiers.
The self-checkout system has several advantages, such as lesser labor costs, better pre-order and bulky buy efficiency, and convenience for restaurants and foot shopping as it lets…
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Added by Anany joshi on November 20, 2023 at 12:09am —
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The escalating demand for virtual workforces, declining cost of automation software and services, and need for a greater ease of doing business are the key factors that will propel the automation as a service (AaaS) market growth at a CAGR of 23.9% during the forecast period (2018–2023). The market generated revenue of $2.9 billion in 2017, which is
projected to become $10.9 billion in…
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Added by Anany joshi on November 17, 2023 at 1:47am —
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A number of factors such as booming requirement for high bandwidth, escalating need for effective cable management, and surging data center sector are expected to drive the Indian structured cabling market at a CAGR of 11.5% during the forecast period (2020–2030).
According to P&S Intelligence, the market revenue stood at $508.0 million in 2020 and it is projected to reach $1,504.9…
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Added by Anany joshi on November 16, 2023 at 3:01am —
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The burgeoning demand for advanced driver-assistance system (ADAS) sensors, rising government regulations regarding vehicle safety, and increasing vehicle electrification are expected to drive the automotive sensors market at a
CAGR of 7.4% during the forecast period (2020–2030). According to P&S Intelligence, the market value stood at $25,723.8 million in 2019 and it is projected to…
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Added by Anany joshi on November 10, 2023 at 2:03am —
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Growth drivers such as the increasing usage of metering pumps in the oil and gas sector and rising government regulations regarding water treatment are expected to propel the metering pump market at a
CAGR of 3.9% during the forecast period (2020–2030). The market was valued at $4.4 billion in 2019, and it is projected to reach a revenue of $6.8 billion by 2030. Moreover, the expanding chemical…
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Added by Anany joshi on November 9, 2023 at 1:57am —
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The geotechnical instrumentation and monitoring market is experiencing growth
according to a report of the market research company, P&S Intelligence. The major reason behind the development of this industry is the growing construction sector throughout the world.
Furthermore, snowballing government initiatives to develop sustainable infrastructure and…
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Added by Anany joshi on November 8, 2023 at 1:06am —
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The method of adding a thin coating of silicon on top of the insulator to create silicon semiconductor devices is known as
silicon on insulator (SOI). Due to the low functioning voltage, SOI wafers improve the efficiency of SOI-based devices.
A silicon wafer serves as the substrate shape. Advanced electrical gadgets are produced using it. It has several uses in the combined…
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Added by Anany joshi on November 7, 2023 at 5:54am —
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Due to the surging sales of automobiles and the increasing enactment of policies and regulations by the governments of several countries for making automobiles safer and more fuel-efficient, the global automotive electronics market is exhibiting huge expansion.
According to the forecast of the market research company, P&S Intelligence, the revenue of the market will rise from $235.7…
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Added by Anany joshi on November 6, 2023 at 12:11am —
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The use of unmanned aerial vehicles or we can say drones are being in use for the past 40-50 years. But off late, there has been an increase in the use of drones in different industries. This is the reason why the requirement for
drone analytics is on the high, and it will reach to a value of USD 45,575.9 million by the end of this decade.
As told, drones are used in different…
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Added by Anany joshi on November 3, 2023 at 1:45am —
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The major driver in the global heat stress monitor market is the growing awareness of heat-related illnesses, such as dehydration, fatigue, and heat stroke, especially for military personnel, athletes, and employees. Moreover, the market is predicted to touch
$62.5 million by 2030. The outbreak of COVID-19 had disrupted the entire circular economy and this market was no exception. It…
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Added by Anany joshi on November 2, 2023 at 4:00am —
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The global AI in fintech market revenue stood at $7,702.7 million in 2020, and it is predicted to surge to $46,881.9 million by 2030. According to the
estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 19.8% from 2020 to 2030 (forecast period). The market is being driven by the growing focus of businesses on efficiency improvement and…
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Added by Anany joshi on November 1, 2023 at 2:12am —
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