Skip to main content

Posts

Showing posts from June, 2021

Demand for Printed Electronics to Boom in Asia-Pacific in Coming Years

In simple terms, printed electronics is an umbrella term for the printing technique used for creating electronic systems by printing on various substrates. The burgeoning demand for thinner electronics and wearables is fueling the requirement for printed electronics as this technology is needed for creating electronic skin patches, flexible keyboards, and antennas. Due to this reason, this technology is rapidly becoming invaluable to various industries. The soaring adoption of printed electronics in several internet of things (IoT) applications and the mushrooming production of OLEDs via the inkjet printing technology are also driving the demand for printed electronics across the world. This is, in turn, propelling the growth of the global printed electronics market. The market research company, P&S Intelligence predicts that the value of the market will rise from $35.7 billion in 2019 to $363.1 billion by 2030. Printed electronics uses both printer and material for creating electr...

How Are Robotic Process Automation Solutions Improving Business Efficiency?

In recent years, robotic process automation solution providers have been focusing on integrating artificial intelligence (AI) in RPA systems, as this technology allows the RPA systems to process unstructured information into a structured output. The structured output is then analyzed by the RPA solutions to deduce information that is needed to facilitate the decision-making process.  AI-enabled solutions can mirror human activities through pattern detection capabilities and speech recognition capabilities, and handle structured and unstructured data. This can aid robots in processing data through machine learning (ML) capabilities and a set of algorithms to deliver better-quality work. According to P&S Intelligence, North America led the robotic process automation market in the past, due to the high penetration of automation and process management solutions in the U.S. and Canada.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/robot...

Shift toward Cloud-Based WAN To Amplify SD-WAN Solution Sales Globally

Businesses across the world are swiftly migrating from traditional wide area network (WAN) infrastructure to cloud-enabled solutions, which has, in turn, encouraged the adoption of software-defined WAN (SD-WAN) worldwide. Enterprises require secure, easy, and cost-effective WAN management solutions to reduce network complexity and curtail maintenance costs. Moreover, the rising usage of data-intensive applications and the advent of cloud technology are fueling the deployment of SD-WAN solutions at distant offices, which require higher bandwidth and reliable connectivity. Additionally, the soaring adoption of big data and the internet of things (IoT) is expected to accelerate the SD-WAN market at a CAGR of 38.6% during the forecast period (2020–2030). Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/sd-wan-market/report-sample The market was valued at $1.4 billion in 2019 and it is projected to reach $43.0 billion revenue by 2030. As IoT and big dat...

AR and VR Market Provides Detailed Insight by Trends, Challenges, Opportunities, and Competitive Analysis

The application segment of the AR and VR market is categorized into commercial, consumer, and enterprise. Among these, the consumer category generated the highest market revenue in 2019, and it is also projected to lead the market in the coming years. This is ascribed to the surging awareness on the AR and VR technologies and increasing demand for interactive games. Moreover, the growing per capita disposable income of people has augmented the demand for gaming systems, which, in turn, is driving the market growth in this category. Moreover, the AR and VR market is bifurcated into hardware and software, based on offering. Between the two, the hardware category accounted for the larger share in the market in 2019, and it is expected to dominate the market during the forecast period as well. This will be due to the decreasing costs of AR and VR devices, high popularity of these devices in the gaming sector, increasing demand for high-quality entertainment content, easy availability of he...

Booming Use of 3D Printing Driving Demand for Slicing Software

The expansion of the 3D printing industry is positively impacting the worldwide demand for slicing software. This is ascribed to several factors such as the burgeoning requirement for improved product manufacturing processes, surging investments being made by various public and private companies, soaring requirement for rapid prototyping, and escalating demand for mass customization. Several major industries such as automotive, aerospace, construction, and manufacturing are increasingly using 3D printing for several purposes. The mushrooming adoption of 3D printers in these industries for accurate prototyping and enhanced production are driving the global demand for slicing software. 3D-printed aircraft components, 3D-printed implants and prosthetics, and 3D-printed vehicle seats are some of the major application areas of slicing software. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/slicing-software-market-outlook/report-sample Besides, the bal...

Soaring Electric Vehicle Usage Causing Boom in Asia-Pacific Electric Vehicle Charging Cables Market

The lower maintenance and operating costs and the greater ease of installation of these cables than the coiled ones. Across the globe, the Asia-Pacific (APAC) region held the largest share in the electric vehicle charging cables market in 2020, with China contributing the highest revenue to the APAC market . Furthermore, this category is predicted to hold the larger share in the market in the upcoming years. In the coming years, South Korea and Japan are expected to lead the industry, primarily due to the fact that the governments of these countries are providing financial and regulatory support to the buyers and manufacturers of EVs, which is, in turn, fueling the development of EV charging stations. Furthermore, the electric vehicle charging cables market is expected to demonstrate the fastest growth in the APAC region in the upcoming years. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/electric-vehicle-charging-cables-market/report-sample This...

Electronic Shelf Label Market COVID -19 Impact Research Report with top Players and Growth Opportunity

The growing incorporation of the internet of things (IoT) in the retail industry is also driving the growth of the electronic shelf label market. Depending on product type, the market is categorized into segmented e-paper, full-graphic e-paper, and liquid crystal display (LCD). Out of these, the LCD category dominated the market in 2019, and it is predicted to hold the largest share in the market in the coming years. This is because of the soaring adoption of these systems by small retailers, on account of their low maintenance requirements and costs. Additionally, the various beneficial traits of LCDs such as their low power consumption, fast response time, attractive design, and high image quality, are also contributing toward the growth of the category in the electronic shelf label market. The market is also divided, on the basis of store type, into supermarkets, hypermarkets, specialty stores, and non-food retail stores. Get the Sample Copy of this Report @  https://www.psmark...

Edge Data Center Market To Generate $53.1 Billion Revenue by 2030

A number of factors such as the commercialization of 5G, high demand for internet of things (IoT) devices, and dense over-the-top (OTT) and mobile data traffic are expected to drive the edge data center market at a CAGR of 25.4% during the forecast period (2020–2030). The market revenue stood at $5.3 billion in 2019, and it is projected to reach $53.1 billion by 2030.  In recent years, the rising adoption of IoT technology in the healthcare and automotive industries has become a major market trend. The increasing mobile data traffic is a prominent growth driver of the edge data center market across the world. The growing usage of smartphones and IoT devices is resulting in the generation of high volumes of data.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/edge-data-center-market-analysis/report-sample To manage the mounting amount of data, umpteen edge data centers are being deployed across the world. The rising penetration of the in...

Demand for AR and VR Technologies Expected To Shoot Up in Asia-Pacific in Near Future

For instance, The Boeing Company witnessed a 25% reduction in its wiring manufacturing time after adopting smart glass displays. Due to these factors, the worldwide demand for AR and VR technologies is skyrocketing, thereby driving the growth of the global AR and VR market. The market revenue is predicted to grow from $37.0 billion in 2019 to $1,274.4 billion by 2030. Furthermore, the market will advance at a CAGR of 42.9% from 2020 to 2030. Depending on type, the market is divided into AR and VR. Between these, the VR category dominated the market from 2014 to 2019, as per the observations of the market research firm, P&S Intelligence. This was primarily because of the extensive usage of VR in various industries, particularly gaming, and the fall in the costs of VR devices. As VR provides an immersive experience to users, it is increasingly being adopted by businesses operating in the gaming industry. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-an...