The global wireless audio devices market is anticipated to have significant growth i.e. 17.3% CAGR during the forecast period 2022-2028. The growth of semiconductors and electronic gadgets has been aided by wireless technology. The demand for sound bars, microphones, speakers, and headphones has skyrocketed, boosting the market dramatically. The market is being driven by growing penetration . . .
The global Residential Security market is expected to grow at an 8.5% CAGR during 2022-2028. With the increased adoption of smart security solutions in the residential sector like remote arming and disarming, watching saved video footage of several events, accessing household appliances, and monitoring of movements while away from home, etc., increased integration of IoT technology and extensive a . . .
The global aerial imagery market is anticipated to grow at a CAGR of 14.8% during the forecast period. The increased prevalence of UAVs, surge in adoption of aerial imaging in the defense sector, mounting venture capital investment in drone technology, increased prevalence of location-based services, and rising consistency in the development of aerial camera systems will accelerate the marke . . .
The global quantum computing market is anticipated to grow at a 30.5% CAGR during the forecast period 2021-2027. The increased government investments in quantum computing technologies, mounting strategic alliances, increased adoption of IoT, and integration of AI and ML technology is also predicted to increase demand for quantum computing technologies. Moreover, the increasing prevalence of SaaS b . . .
The global inspection management software market is anticipated to grow at a market share of 11.65% (CAGR) during the projected period 2021-2027. Inspection management software aids in the planning, execution, creation of checklists, and storage and monitoring of records. It offers audit management, asset management, risk management, third-party inspection, compliance, quality management, an . . .
The smart home, also known as home automation is anticipated to grow at a 12.5% CAGR during the forecast period and employs internet-connected devices to manage and monitor a variety of home equipment and systems. It is a state-of-art technology that makes the functioning of a variety of home appliances a more convenient and energy-efficient manner. This concept entails employing wireless technolo . . .
The global silicon photonics market is anticipated to grow at a market share of 26.9% (CAGR) during the projected period 2021-2027. The rising demand for silicon in photonics products at data centers to improve computational and processing capabilities, increased emphasis to reduce power consumption via silicon photonic transceivers, escalating need for high bandwidth, and mounting internet traffi . . .
The global automotive thermal system market is anticipated to grow at a significant pace i.e., 3.8% CAGR during the forecast period. The surge in demand for passenger comfort, increased emphasis on fuel-efficient vehicles, and mounting installation of advanced driver assistance systems will propel the market demand for thermal management systems so as to ensure the smooth functioning of vehicles. . . .
The global access control market is anticipated to grow at a market share of 8.75% (CAGR) during the projected period 2021-2027. An access control system is a form of keyless entry and card access system which can manage building security. The increased compliance with legislation and aligning it with the organization’s HR and Information Security Policy, rapid urbanization, increasing dispo . . .
The Pico Projector market is anticipated to grow at a significant pace i.e. 11.2% CAGR during the forecast period as it provides a convenient way to protect the contents of these devices onto any surface, including walls, notebooks, or airport meal trays. The surge in demand for consumer electronics such as smartphones and tablets particularly in emerging economies like India, China, etc. owing to . . .