Category Archives: Technology Press Release

AI Market in Agriculture Size, Share, Key Players, Demand and Growth Opportunities by 2023

The AI market in agriculture is growing at a CAGR of 23.2% during 2018-2023 and will reach $465.6 million by 2023. The market is expected to witness high growth due to high penetration of internet of things (IoT) in agriculture industry and increasing number of IoT device installations in agriculture. The decreasing price of sensors and increasing adoption of cattle facial recognition are facilitating the market growth. Increasing government support for the development of new farming techniques, and surge in global awareness regarding the benefits of AI in agriculture over the years, are expected to boost the growth of the AI market in agriculture during the forecast period.

Aerial Imagery Market Size, Share, Key Players, Demand and Growth Opportunities by 2023

The global aerial imagery market growing at a CAGR of 13.4% during 2017 – 2023 and will reach $3,545 million by 2023. The aerial imagery market is expected to witness high growth due to its ability to provide instantaneous view, primarily required for town planning or construction of any water or thermal based project. Improved vantage point, to provide magnified view of large areas from distant angles to see the features of the earth’s surface clearly in their actual context, is also a prime driver for its increased demand.

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Camera Module Market Trend, Share, Application & 2018-2022 Industry Growth Analysis Report

The latest report added on the Camera Module market is a comprehensive study of the Camera Module market which includes its performance in the past 2 years, estimation of the current year, and a detailed projection of the market performance for the forecast period. Report covers all the aspects of the Camera Module industry such as the market size in terms of value and volume, various segmentations by type, application, end users, region, and the top players in the Camera Module market. The top players’ segmentation includes the market share of each major player, and their company profile.

File Sharing Software Market: Size, Share, Trends, Competitive Landscape and Forecast Report till 2025

October 15, 2018: This report studies the global File Sharing Software market, analyzes and researches the File Sharing Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• ShareFile
• Dropbox
• Google Drive
• Box
• OneDrive For Business
• Apple iCloud
• Egnyte
• SharePoint
• SugarSync
• Hightail
• WeTransfer
• LeapFile
• Syncplicity
• SpringCM
• Huddle
• BitTorrent
• Shareaza
• Firmex
• NetDocuments
• Droplr
• Onehub
• Barracuda Cloud
• ShareVault

Wearable Technology Integrates With Leather In The Global Leather And Allied Products Market – Companies Included: NIKE Inc., Gap Inc., Christian Dior SE, Adidas AG, Kering SA

Leather and allied product manufacturing establishments are engaged in tanning or curing of hide into leather and using it in the manufacture of footwear, handbags, purse and other leather products. It also includes the manufacture of similar products with substitute materials such as plastics, rubber or textiles.

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The global leather and allied products market has been growing in the past years with a CAGR of almost 5%. The year 2017 recorded high growth in this market with a net market value almost 18% higher than that of 2013, as per TBRC’s in-house consultants.

Rail Transportation Market Expected To Rise As Per TBRC’s Latest Report (Companies Included: China Railway Corporation, Russian Railways, Deutsche Bahn AG, Indian Railways, Union Pacific Railroad)

The rail transportation industry uses trains to provide transport for passengers and/or cargo. Railroads operate either on networks with physical facilities, labor forces, and equipment spread over a wide geographic area, or operate over a short distance on a local rail line. This industry does not include scenic and sightseeing rail transportation, street railroads, commuter rail, or rapid transit systems.

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The global rail transportation market has shown moderate growth in the past years with market value of around $500 billion in the year 2017, which recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

Radar Manufacturing Market To Inflate by 2021 As Per TBRC’s Latest Report (Companies Included: Northrop Grumman Corporation, Raytheon Company, Lockheed Martin Corporation, Thales Group, Leonardo S.p.A.)

Radar is a system for detecting/tracking the presence, direction, distance, and speed of objects such as aircraft, ships, and other objects. Radars usually operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency (RF) spectrum, and these radio waves used to determine the range, angle, or velocity of objects such as aircraft, spacecraft, guided missiles, ships, motor vehicles, weather formations, and terrain.

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The global radar manufacturing market has shown moderate growth in the past years with a CAGR of about 5%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

Underwater Robotics Market Trends To Reach $6.74 Billion By 2025: Grand View Research, Inc.

The global underwater robotics market size is expected to reach USD 6.74 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a substantial CAGR of 13.5% over the forecast period. Rising adoption of underwater robotics technology across military and commercial exploration applications for intelligence, surveillance, inspection, underwater repair maintenance, navigation and communication, and other operations is anticipated to boost market growth over the forecast period.

Increasing Focus On Security Of Card Payments

The focus on the security of card-based payments has increased significantly across the world. This is mainly to prevent card fraud losses incurred by banks and according to Capgemini, the worldwide value of fraud losses reached US$16 billion in 2014.  In this regard, payment service providers and merchants have implemented various solutions including the Payment Card Industry Data Security Standard (PCI DSS) compliance, EMV technology, 3-D secure services, tokenization, biometrics and end-to-end encryption. To combat the constantly evolving card fraud methods, the National Retail Federation (NRF) also updates its security guidelines continuously.

Increase In Collaborations Leads To Customization Of Products In The Electronics Industry

Semiconductor and related device manufacturing companies are increasingly collaborating with industrial manufacturing companies and technology companies. This has led to an increase in production of application specific integrated circuits (ASIC) for various electronic devices. For instance, in December 2016, global semiconductor manufacturer, Samsung collaborated with Tesla Motors, to produce integrated chips in its ASIC foundry facility for self-driven autonomous cars. Similarly, in January 2015, Samsung agreed to be the main supplier of A9 chips for Apple iPhone 6s, iPad Air and iPad Mini. Apple is also in talks with Samsung to manufacture other electronic components for its Apple Watch.