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Showing posts from November, 2022

Automotive Vehicle Diagnostics Market is Anticipated to Grow At A CAGR of OVER 16% Till 2024 | TechSci Research

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According to TechSci Research, Global Automotive Vehicle Diagnostics Market  is projected to reach USD 30.36 Billion by 2024, growing at a CAGR of over 16% during the forecast period owing to the rising demand for safety & security in vehicles, stringent emission norms and the growing inclination towards premium vehicles. Based on connectivity, the market has been categorised into 4G LTE, 3G, Bluetooth and Wi-F. In 2018, the Bluetooth technology is dominated the market and is expected to maintain its dominance over the next five years as well since Bluetooth is primarily used to enable in-car connectivity between a vehicle’s dashboard and electronic gadgets such as smartphone and tablets. North American region is estimated to be the largest market for vehicle diagnostics during 2018-2023 due to advanced technology in the region and high adoption rate of innovations. Moreover, growing demand for premium cars with advanced safety and security features is high in countries like US and

Automotive Cloud Based Solutions Market Is Projected To Grow At A CAGR of 19% Till 2024 | TechSci Research

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According to TechSci Research, Global Automotive Cloud Based Solutions Market   is projected to reach USD 66.98 Billion by 2024, at a CAGR of over 19% during the forecast period. The growing demand for advanced infotainment systems and in-car connectivity is expected to increase the use of cloud-based services in automobiles during the forecast period. Based on application, the market has been categorised into Fleet Management Application, Infotainment System, Telematics, ADAS, Over the Air (OTA) Updates and Others. The fleet management system is projected to hold the largest share of the cloud-based solutions market for automotive during the forecast period due to growing businesses such as car-rental services and logistics & supply chain, the use of fleet management application has increased considerably. North America region dominate the market due to growing adoption of cloud-based services in the region and growing advancements in features. Years considered for this report:

High Pressure Processing Equipment Market Is Expected to Grow At A CAGR of 11.28% Till 2024 | TechSci Research

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Global high pressure processing equipment market is projected to grow at a CAGR of over 11.28%, in value terms, during 2014-2024. Rising technological advancement, growing popularity of processed meat, improvement in distribution network, increasing demand for quality food products and increase in adoption of HPP technology in seafood processing are some factors, that will propel the demand for high pressure processing equipment over the next five years. North America is anticipated to remain a strong contributor in the High Pressure Processing Equipment market in the forecast period, owing to increasing demand for high pressure processing equipment. APAC is expected to register faster CAGR than any other region, backed by growing demand for safe and healthier dairy products. Years considered for this report: Historical Year : 2014 - 2017 Base Year : 2018 Estimated : 2019 Forecast : 2020 - 2024 Objective of the Study: To analyze and forecast market size of the glo

IoT Engineering Services Market to Grow at 23% CAGR by 2023 | TechSci Research

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Ongoing  Industr ie  4.0   revolution, rapidly proliferating adoption of SMACT technologies   (Social Media, Mobile technology, Advanced Analytics, Cloud and Internet of Things (IoT) ), and burgeoning security engineering and risk mitigation demand to fuel global IoT engineering services market through 2023. According to TechSci Research report,  “ Global  IoT Engineering Services Market  By Service, By End User Sector, By Region, Competition Forecast & Opportunities, 2013 – 2023 ” , IoT engineering services market, globally, is forecast to exhibit a CAGR of 23.48%, in value terms, during 2018-2023. Increasing penetration of SMACT technologies, digital manufacturing momentum, and ongoing Industrie 4.0   revolution are among the key factors expected to drive growth in the market. Moreover, increasing  demand for smart & connected things, rising number of government initiatives to promote smart technology, and growing adoption of Digital Twin technology is anticipated to boost de

BYOD and Enterprise Mobility Market to Grow at CAGR 18% by 2023 | TechSci Research

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Increasing smartphone penetration, emerging data telecommuting and evolving enterprise mobility to drive the  g lobal BYOD & Enterprise Mobility Market through 2023 According to TechSci Research report,  “ Global BYOD & Enterprise Mobility Market  By Component, By Deployment Mode, By End User Sector, By Region, Competition Forecast & Opportunities, 2013 – 2023” , the enterprise mobility market is projected to grow at a CAGR of more than 18% during 2018-2023. Key factors driving the market include i ncreasing smartphone penetration, rising data telecommuting and workforce mobility, coupled with rapid adoption of SMACT (Social, Mobile, Analytics, Cloud and IoT) technologies across the retail, BFSI, manufacturing and healthcare sectors. As pressure to remain competitive in the marketplace is increasing due to growing mobile device and smart technology penetration, ongoing digital revolution, evolving business infrastructure and burgeoning security vulnerabilities, deployment o