Category Archives: Technology Press Release

Wearable Health Device Market Industry Size, Share, Growth and Forecast 2018-2023

****** Wearable Health Device Market is likely to gain popularity in near future | Market Opportunities and Forecast, 2018-2023 | Major Companies: Apple, Inc., Fitbit, Inc., SAMSUNG, and Xiaomi Corp.

Orion Market Research (OMR) recently published a market research report on the ****** wearable health device market. According to OMR analysis, the ****** wearable health device market is estimated to grow at a significant CAGR during the forecast period (2018-2023). Wearable device are gaining popularity due to the capability of remote monitoring. Doctors and physicians can track the activity, heart rate, blood pressure, brain activities and other things using these wearable devices. This helps in reducing the cost of hospital visits and stays which is working as a driving factor for demand of wearable health device market.

Unmanned Ground Vehicles (UGV) Market | Development Trends and Qualitative Analysis till 2025

NY, USA, August-19, 2019 /Aerospace — 

****** Market News:

Unmanned Ground Vehicles (UGV) Market Worth $7.0 Billion by 2025

According to the new market research report on Unmanned Ground Vehicles (UGV) Market by Application (Military (ISR, EOD, Combat Support, Transportation), Commercial (Firefighting, CBRN, Physical Security, Oil & Gas)), Mobility, Size, System, Mode of Operation, and Region – ****** Forecast to 2025, published by MarketsandMarkets™, the Unmanned Ground Vehicles Market is projected to grow from USD 2.7 billion in 2018 to USD 7.0 billion by 2025, at a CAGR of 14.81% from 2018 to 2025.

5G Market in Aviation industry insights, challenge & SWOT analysis

Florida, USA, August-16, 2019 /Aerospace — 

****** Market NEWS:

5G Market in Aviation Worth $3.9 Billion by 2026

The report “5G Market in Aviation by End Use (5G Infrastructure for Aircraft and Airport), Technology (eMBB, FWA, URLLC/MMTC), Communication Infrastructure (Small Cell, DAS), 5G Services (Aircraft Operations, Airport Operations), Region – ****** Forecast to 2026“, published by MarketsandMarkets™,  is estimated to be USD 0.5 billion in 2021 and is projected to reach USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026. The demand for 5G infrastructure and services has been growing due to the rising demand for better flight experience. Increasing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft is also anticipated to propel the growth of 5G market in aviation over the forecast period.

System of Insight Market By Application, Vertical, Deployment Model, Component, Region by 2024

According to a new market research report System of Insight Market by Component (Solutions and Services), Applications (Customer Analytics, Operations Management, Sales and Marketing Management, Risk and Compliance Management), Deployment Model, Vertical, and Region – ****** Forecast to 2024″, published by MarketsandMarkets, the ****** system of insight market size is expected to grow from USD 1.2 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period.

The major factors contributing to the growth of this market include the increasing volume of big data and a growing need for data analytics. Moreover, an increasing adoption of cloud-based solutions provides opportunities in the system of insight market.

Coal Handling Equipment Market Size, ****** Trends, Growth, Market and Forecast 2019-2025

The ****** coal handling equipment market has been driven by increasing mining activities across the globe. Coal handling equipment is used to unload in boiler furnace and transport coal at the plant. Coal handling equipment is used during numerous preparation and storage stages. These stages require certain equipment to handle the coal in power plants along with an efficient and smooth quality and material flow system. Coal is still considered as a dominant fuel in the energy sector for power generation across the globe, especially in developing economies such as China and India. Hence, there is an increase in demand for automation, fuel mobility, supply monitoring, and efficient consumption which creates significant opportunities for coal handling equipment market.

Cognitive Computing Market Industry Size, Growth and Forecast 2019-2025

Cognitive computing market is in its initial phases. Cognitive computing system applies machine-learning, natural language processing models, automated reasoning, and others to process a large volume of complex data. These models operate in such a way that they understand and interpret the working of a human brain by combining human work with machines. In the current scenario, the digital data and its processing are continuously increasing, and organizations find it difficult to analyze the immense digital data. The cognitive computing systems assist in converting the information in the form of pictures and the human voice into digital form. These systems can predict sense and conclude a specific situation.

Digital Banking Market Size, Industry Size, Growth, Trends & Forecast 2019-2025

The ****** digital banking market has significant potential in the overall digitization of all the traditional banking activities, programs, and functions. Digital banking includes the trend of web-based services and a high level of process automation through robotics technology and artificial intelligence (AI). The major opportunity that is being offered by the automation using robots and AI tools in the banking and finance industry include new levels of process efficiency, such as improved operational cost, accuracy, speed, and throughput volume. The opportunity for cost savings is the first place where AI and process automation will impact the overall banking industry.

GPON Equipment Market Size Worth $55.556 Million By 2023 | CAGR 27.8%

According to a recent report published by Allied Market Research, titled, GPON Equipment Market by Equipment Type and End-use Industry: ****** Opportunity Analysis and Industry Forecast, 2017-2023, the ****** GPON equipment market was valued at $10,084 million in 2016, and is projected to reach $55,551 million by 2023, registering a CAGR of 27.8% from 2017 to 2023. In 2016, the optical line terminal segment accounted for the highest revenue share in the GPON equipment market.

The ****** GPON equipment market is driven by increased growth in IP traffic, rise in FTTH deployments, and growth in demand for higher bandwidth. However, high cost of deployment hampers the market growth.

LTE Base Station System Market Size, Expected to Reach $71,977 Million by 2023

According to a recent report published by Allied Market Research, LTE Base Station System Market by Product Type and End User: ****** Opportunity Analysis and Industry Forecast, 2017-2023, the ****** LTE base station system market was valued at $21,824 million in 2016, and is projected to reach at $71,977 million by 2023, growing at a CAGR of 18.6% from 2017 to 2023. In 2016, the TDD-LTE segment accounted for the highest revenue share in the LTE base station system market.

Oil & Gas Security Market Is Expected To Grow At A CAGR Of 6.7% During the Forecast Period

According to a new report published by Allied Market Research, titled, Oil & Gas Security Market by Component, Security System, and Application: ****** Opportunity Analysis and Industry Forecast, 2017-2023, the oil & gas security market was valued at $ 23,141 million in 2016, and is projected to reach $36,012 million by 2023, growing at a CAGR of 6.7% from 2017 to 2023. The command & control segment is anticipated to grow at the highest rate during the forecast period.