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Showing posts from December, 2021

Non-Volatile Memory Express (NVMe) Market to Progress For Unexpected Growth Worldwide, And Opportunities In The Market 2020-2025

  The global NVMe market is projected to grow from $19.52 billion in 2020 to $115.35 billion by 2025, at a CAGR of 42.66% from 2020 to 2025. The growth in the NVMe market is expected to be driven by the rise in the amount of data generation, need for efficient data storage systems, and increasing adoption of NVMe in data center. The benefits associated with the usage of NVMe, such as high bandwidth, low latency, and low power consumption, is expected to aid its increase in adoption. Moreover, the pre-requisite to emerging deep-tech applications, such as edge computing, 5G and 6G communication, autonomous vehicles, and natural language processing is data storage infrastructure embedded with optimum data access interface, which ensures high data transfer bandwidth, lower power consumption, and minimal latency, among others. Hence, these features can be obtained with NVMe interface in place, thereby expecting its significant growth during the forecasted period 2020-2025. The NVMe technolo

3D Holographic Display and Services Market to Grow Extensively at CAGR of 24.8% by 2025

  The global 3D holographic display and services market is projected to grow from $607.6 million in 2020 to $1,837.1 million by 2025, at a CAGR of 24.8%. The growth in the 3D holographic display and services market is expected to be driven by the continuous efforts to modernize the advertisement and media industry. Additionally, the growth of the retail industry is further pushing the demand for more advanced technologies in marketing and merchandising strategies.   Moreover, Industry 4.0 technologies such as computer vision and digital twin are display-dependent technologies which are creating more market opportunities. The idea to enable display devices with AR and holographic capabilities will enhance the operability and efficiency for computer vision, digital twin, and any related display dependent technology. Hence, this can be obtained with 3D holographic display systems in place, thereby expecting its significant growth during the forecast period 2020-2025. The 3D holographic di

Extended Reality Market Set New Growth Story with CAGR of 50.9% During Forecast Period 2020-2025

  The extended reality market is projected to grow from $42.55 billion in 2020 to $333.16 billion by 2025, at a CAGR of 50.9% from 2020 to 2025. The growth in the extended reality market is expected to be driven by the ongoing trend of industry 4.0 and digital transformation. Extended reality technologies are based on spatial computing concepts, which is expected to put a significant change in currently available computing solutions.   The extended reality technology has garnered adoption in various end-use segments such as consumer and enterprise applications. During the forecast period, the extended reality market is aligned more toward the consumer applications, such as gaming, entertainment, and educations. Gaming application has the highest potential for XR during the forecast period, since XR elevates consumer experience and allows users to either fully immerse into virtual environment or interact with the virtual content, which is not possible in the traditional gaming platfor

Low-Power Geolocation Market to grow at a CAGR of 21.10% from 2020-2025

  The global low-power geolocation market is projected to grow from $24.88 billion in 2020 to $64.80 billion by 2025, at a CAGR of 21.10% from 2020 to 2025. The growth in the low-power geolocation market is expected to be driven by the increasing adoption of low-power geolocation technology, rising demand for improved real-time location tracking system, and increasing measures for improving operational efficiency. Low-power geolocation has garnered the attention of all industry types, which include logistics and transportation, healthcare, power utilities and oil and gas, agriculture, consumer electronics, and others to increase their operational productivity and work efficiency. Catering to logistics and transportation industry, a low-power geolocation solution collects the real-time temperature and vibration data through proximity sensors to track the shipment progress, thereby ensuring no damage being caused to the sensitive devices. Another critical application of geolocation solut

Micro mobility Providing First and Last Mile Connectivity for Commuters

Technological innovation in the transportation industry encompasses a comprehensive range of mobility methods delivering a broad range of products to the industry. Modern day's consumer is well-connected and well-informed, and as a result, this is leading the major operating players to research, develop, and technologically evolve continuously to safeguard their position in the ecosystem. Transportation system regulations are primarily designed around demographic needs based on the government policy framework. Some of the essential criteria which are taken into consideration while creating a policy regulation for a specific region are- the socio-economic conditions, commuter lifestyle, degree of technology acceptance, demographic terms, infrastructure availability, and global economic conditions.   Mobility as a service (MaaS) providers have established a strong foundation for the development shared mobility ecosystem, which has the potential to ensure high resource utilization rat

Autonomous Vehicle Simulation Solution Market will register a 25.42% CAGR by 2025

  The global automotive industry is undergoing a period of wide-ranging and transformative changes with a shift in the consumer behavior as well as an increase in the implementation of stringent environmental regulations. Factors such as rising safety and security concerns, increasing demand for a reliable transportation system, and the advent of innovative trends, such as transition from car ownership to mobility-as-a-service (MaaS), are expected to increase the demand for autonomous vehicles. This demand for autonomous vehicles is also anticipated to create significant challenges for automotive stakeholders and consumers in terms of cybersecurity risks, data theft, and the involvement of unscrupulous agents within the automotive value chain. Moreover, the introduction and subsequent growth in sales of electric and hybrid vehicles, the development of advanced driver assistance systems and self-driving technologies, increasing demand for connected vehicles, and disruptive trends, such

Global Lidar Market Is Anticipated to Reach $2,181.6 Million by The End of 2025

  According to a new market intelligence report by   BIS Research   titled ‘ Lidar Market - A Global and Regional Analysis, 2020-2025 ’ , the Lidar Market, which was valued at $1,103.0 Million in 2020 and is anticipated to reach $2,181.6 Million by the end of 2025, growing at a CAGR of 15.42% during the forecast period 2020-2025. BIS Research Report:  https://bisresearch.com/industry-report/lidar-market.html Mechanical lidars are one of the earliest lidars and are currently fully developed and in full production. As these types of lidars are being used since the beginning, they have achieved a trust amongst the customers and therefore hold the maximum market share in the lidar market. Request for Sample Report:   https://bisresearch.com/requestsample?id=1006&type=download Ground-based lidars currently hold the lion share of the lidar market, since they provide scans with high precision and spatial resolution. Furthermore, the integration of 3D geometry from lidars and material prop

Off-Highway Vehicle Telematics Market Report - A Global and Regional Analysis

  Off-Highway Vehicle Telematics Market – A Global and Regional Analysis: 2019-2030 The off-highway vehicle telematics market analyzed by BIS Research is expected to show decent growth in the coming years. The off-highway vehicle telematics market is projected to reach $2.95 billion by the end of 2025. An off-highway vehicle (OHV) is defined by its ability to be driven on non-tarmac roads. The vehicle design for such applications revolves around high ground clearance, heavy-duty chassis structure, and high load-carrying capacity. This report considers only heavy equipment/vehicles used for industrial applications for estimations and forecast. Off-highway vehicles have a significant range of applications within the construction, agriculture, and mining, among other industries. Global mobility trends such as connected, autonomous, and electric propulsion have impacted several industrial sectors. These trends are supported by back-end support, with data analytics being one of the critic

Next-Generation Automotive Lighting Market Set for Rapid Grow at CAGR of 13.56% and Trend by 2025

  Over the last decade, automotive industry has witnessed a massive transformation owing to rising air pollution, stringent government rules and regulation and growing in demand for safety features such as adaptive driving beam, ambient lighting, laser lighting, and communicable lighting. Currently, the automotive industry is on the crest of technological advancement, which in turn, is expected to further advance the concept of vehicle safety on public roads. The dynamic evolution of the automobile industry is attributed primarily to changing consumer preferences, growing focus on environment concerns, increased safety, and stringent government regulations. Lighting plays a critical role in the automotive industry and is growing at a rapid pace, driven by safety and design. Rapid technological developments in the automotive lighting industry have witnessed a radical transformation from simple incandescent and gas discharge based light sources to light emitting diodes (LEDs), laser tech

Automotive Cloud Market Is Booming Worldwide with CAGR of 18.57% during forecast period 2020-2025.

  The global automotive cloud market research provides a detailed perspective on the different types of products, their applications, and value estimation, among others. The principal purpose of this market analysis is to examine the automotive cloud market in terms of factors driving the markets, restraints, trends, and opportunities, among others. The automotive cloud market is expected to grow at a CAGR of 18.57% during the forecast period from 2020-2025. The report further considers the market dynamics, supply chain analysis, and the detailed product contribution of the key players operating in the market. The global automotive cloud market report is a compilation of different segments, including market breakdown by product type, application, deployment type, vehicle type, region, and country. The global automotive cloud market, based on application, has been segmented into infotainment, V2X, and telematics. The infotainment segment is expected to maintain its dominance during th

Global Point of Care (PoC) Imaging Devices Market to Reach $19.84 Billion by 2030

  According to a new market intelligence report by BIS Research titled “ Global  Point of Care imaging devices Market  – Analysis & Forecast 2020-2030 ”, The global point of care (PoC) imaging devices market was valued at $8.66 billion in 2019 and is expected to reach $19.84 billion by the end of 2030, clocking a CAGR of 8.70%, during the forecast period. BIS Research Report -   https://bisresearch.com/industry-report/point-of-care-imaging-devices-market.html The diagnostic imaging technology ecosystem is facing significant changes in its market dynamics as new methodologies, technologies, and practices are currently being introduced in the market. The ecosystems are going through a period of amendments, driven by increasing demand for emerging technologies and its adoption in the healthcare sector. Several other factors ranging rising aging population to secure economic development in the emerging nations too are driving the growth of the PoC imaging devices market. Request for a

Telemedicine Market is predicted to grow at a CAGR of 17.16% over the forecast period of 2019-2030

  Telemedicine is a powerful tool that makes healthcare accessible, cost-effective, and significantly enhances patient engagement. The debut of telemedicine dates back to late 1950s and has constantly evolved over the years with advancements in the field of tele-communication technology. The application of telemedicine is enormous. It enables physicians and patients to share real time health-related information from one computer screen to another. With the help of a telemedicine software, patients can connect with a doctor at the comfort of their home for diagnosis as well as treatment without needing an appointment. The demand for telemedicine has significantly increased due to the cost savings opportunity offered by the technology. It also reduces the need for patients to visit an emergency room and the costs associated with the same. As per a study published in healthaffairs.org (2017), the average cost of telemedicine visit is $79 while the average doctor’s visit is $149 and the av