ICT Industry Reports

Increasing popularity of sport players and rising awareness is expected to drive the demand for Asia-pacific fantasy sports market in forecast period. According to TechSci Research report,  “ Asia-pacific Fantasy Sports Market  By Sports Type (Cricket, Foot Ball, Hockey, Others) By Platform (Website v/s Mobile Application) By Application (Individual v/s Team) By Gender (Male v/s Female) By Company, By Region, Forecast & Opportunities, 2026” , Asia-pacific fantasy sports market is expected to witness significant growth for the next five years owing to adoption of attractive marketing strategies by major players to increase the viewership of online gaming platforms. Hiring of celebrities and famous sport players for advertising purpose is a major driver for high fantasy games market demand. Campaigns on social media platforms engage the users of fantasy games is on rise. Transparency in monetary transactions on fantasy games platforms is aiding in increasing the trust over using such

Increasing use of advanced technology and the need for real-time analytics is expected to drive the demand for global 5G in defense market in forecast period. According to TechSci Research report,  “ Global 5G in Defense Market  By Communication Infrastructure (Small Cell, Macro Cell, Radio Access Network) By Core Network Technology (Software-defined Networking, Fog Computing, Mobile Edge Computing, Network Functions Virtualizations) By Network Type (Enhanced Mobile Broadband {eMBB}, Ultra-Reliable Low-Latency Communications {URLLC}, Massive Machine Type Communications {MMTC})  By Chipset (Application-Specific Integrated Circuit (ASIC) Chipset, Radio Frequency Integrated Circuit (RFIC) Chipset, Millimeter Wave (mmWave) Chipset)  By Platform (Land, Naval, Airborne)  By Operational Frequency (High, Low, Medium) By End Use (Aircraft, Airport, Homeland Security) By Company, By Region, Forecast & Opportunities, 2026” , The global 5G in defense market is expected to witness significant g

Surge in the application of the passive electronic components and rise in demand for wireless devices is expected to drive the demand for Saudi Arabia Inductor market in the forecast period. According to TechSci Research report,  “ Saudi Arabia Inductor Market  By Inductance (Fixed, Variable) By Core Type (Air, Ferrite, Iron) By Shield Type (Shielded, Unshielded) By Mounting Technique (Surface Mount, Through Hole) By Application (General Circuits, Power Applications, High-Frequency Applications) By End User (Automotive, Industrial, Telecom, Military & Defense, Healthcare & Others), By Region, Company Forecast & Opportunities, 2026 ” , The Saudi Arabia Inductor market is expected to grow at a steady rate in the forecast period. Inductors are a kind of passive electrical component which stores the electrical energy in the magnetic field when the current flows through it. The rising demand for consumer electronics such as smartphones, tablets, laptops, portable gaming units, m

Growing traction of machine to machine and Internet of Things communication to drive esim market in Asia Pacific through 2024 According to TechSci Research report,  “ Asia Pacific esim Market   By Form Factor, By Application, By Country, Competition, Forecast & Opportunities, 2024 ” , Asia Pacific esim market is expected to grow at a double-digit CAGR during 2019-2024, on account of emerging technologies such as Internet of Things. Esim is an electronic sim card that can change the operator based on the needs, so as to offer improved user experience. Growing awareness pertaining to wearable devices and surge in mobile computing are pushing the market. However, lack of regulations and concerns related to the security may impede market growth during forecast period. Esim market can be segmented based on form factor and application. On the basis of application, the market can be segmented into connected cars, wearables, smartphones & tablets, laptops and M2M. Owing to the presence

Ongoing technological advancements and the surge in use of the internet protocol-based camera is expected to drive the demand for global AI in physical security market in forecast period. According to TechSci Research report,  “ Global AI in Physical Security Market  By Component (Solutions, Services (Managed Services, Professional Services)) By Technology (Machine Learning, Natural Language Processing, Context Aware Computing, Computer Vision)  By Deployment (On Premise, Cloud) By Function (Video Surveillance, Access Control, Intrusion Detection, Crowd Monitoring, Robot & Drone Surveillance) By End-Use (Residential, Commercial, Military & Defense, Manufacturing, Others) By Company, By Region, Forecast & Opportunities, 2026” , the global AI in physical security market is expected to witness significant growth in the forecast period.  The collection of large amounts of data related to a problem and training a model with the help of the generated data and the use of the model

Declining price of robotic components and rising technological innovations are some major factors driving the growth of global mobile robots market. According to TechSci Research report,  “Global  Mobile Robots Market  By Operations (Aerial, Ground, Marine), By Component (Hardware, Software, Support & Service), By Type (Professional Robots, Personal & Domestic Robots), By Application (Logistics & Warehousing, Defense, Healthcare, Entertainment, Agriculture & Forestry, Personal Applications, Others), By Region, Forecast & Opportunities, 2025” , the market is anticipated to witness a robust CAGR during the forecast period on account of growing demand for Automated Ground Vehicles (AGVs) of warehouse automation and increasing popularity of robots for personal use such as companionship and entertainment. Moreover, declining prices of robotic components such as sensors, actuators, etc. are also leading to increasing sale of mobile robots globally. The increasing footprin

  Increase in government initiatives for low carbon policies for environmental sustainability to drive the Global Carbon Footprint Management Market in the forecast period, 2023-2027. According to TechSci Research report,  “ Carbon Footprint Management Market - Global Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2017-2027 ”. The global carbon footprint management market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR of 10.30%. The market growth can be attributed to the factors like increasing demand to decrease the emission of greenhouse gases. Rising concerns regarding depleting environment and high prevalence of pollution-based diseases and infections are driving the growth of the global carbon footprint management market. Moreover, surging demand from the factories, manufacturing units and vehicle emissions to decrease the emissions of harmful gases also supports the growth of the global carbon footprint management market

Growing trend for smart industry is driving the growth in North America IoT in Oil & Gas Market in the forecast period, 2023-2027. According to TechSci Research report,  “ North America IoT in Oil and Gas Market  - By Country, Competition Forecast & Opportunities, 2027 ” , the North America IoT in oil and gas market is projected to show impressive growth in the next five years due to increasing demand for internet-based services in the oil & gas industry. Higher usage of the internet of things for the functioning of equipment, tools, devices, and storing recorded data on cloud-based services are further driving the growth of the North America IoT in oil & gas market in the upcoming five years. Increasing demand for smart devices and smart equipment that are operated through internet services are also supporting the North America IoT in oil & gas market’s growth in the next five years. Also, increasing demand for sensor-based tank monitoring, and decreasing the safet

India cyber security market is expected to show robust growth due to increasing instances of data breach in the forecast period. According to TechSci report on, “ India  Cyber Security Market  - By Region, Competition Forecast & Opportunities, FY2017 - FY2027”  India cyber security market is anticipated to achieve a market value of USD3543.37 million by FY2027, growing with a CAGR of 8.05% during the forecast period, FY2023-FY2027.  India cyber security market owes its growth to the factors like increasing instances of data breach, data theft by third party, phishing, and hacking attempts that are majorly driving the growth of the India cyber security market in the upcoming five years. Growing dependency on digital technology further supports the growth of the India cyber security market in the next five years. Extended social media usage, increased mobile phone penetration, and higher instances of sharing integral data through social media and multiple application-based services i

Rising number of smart city projects, increasing green practices are driving the growth in Global LED Lighting Market in the forecast period, 2022-2026. According to TechSci Research report,  “ LED Lighting Market  - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”  The global LED Lighting market is anticipated to reach USD81099.76 million in 2026 at a CAGR of 3.73% on account of government initiative such as smart city projects, advancements in IoT-enabled technologies and also due to rise in green practices by organizations. The rapidly increasing building and construction activities and high-rise infrastructure leading installation of new lightings is driving the growth of the global LED Lighting market. Lack of awareness concerning installation costs of LED and reimbursement periods and development of alternative technologies might mildly hinder the growth of the global LED Lighting market in the next five years. LED lamps do not contain toxic

Increasing urbanization and smart city adoption by the UK cities are driving the growth of United Kingdom Fire Detection System Market in the forecast period, 2023F-2027. According to TechSci Research report,  “ United Kingdom Fire Detection System Market  Segmented By Type (Alarms, Detectors and Display Panels), By End User (Industrial, Commercial, Residential and Others  {Airport, Railway Station} ), By Region, Competition Forecast & Opportunities, 2017-2027 ” , the United Kingdom fire detection system market is anticipated to grow at a CAGR of 6.34% from 2022E-2027F, to reach USD1483.90 million by 2027F. Ongoing industrialization and urbanization and the high-end investments for the development of advanced fire detection systems are the key factors driving the growth of the United Kingdom fire detection system market. Rapid urbanization is fueling the need to construct residential, commercial, and industrial buildings to accommodate the needs of the growing population in the cit

Growing demand for digital manufacturing to drive the global digital twin market through 2027 . According to TechSci Research report,  “ Digital Twin Market  - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027 ” , the global digital twin market is anticipated to witness a growth of CAGR of 32.34% in the forecast period to reach USD43264.08 million by 2027. The primary factors driving the demand for global digital twin market are increasing smart city construction and rapid implementation of advanced technologies like the internet of things, artificial intelligence, and big data analytics in enterprises. Digital twin technology is in high demand from the automotive industry to create a virtual model of automobile components. Automatic and electric vehicles are witnessing massive demand. The deployment of advanced driver-assistance systems (ADAS), automatic emergency braking (AEB), and other cutting-edge automotive technologies emphasize the need for t

Optimal use of big data technologies and adoption of cloud computing to drive global application modernization services market According to TechSci Research ,  “ Global  Application Modernization Services Market  By Services  (Integration Solution, Re-platforming, Portfolio Assessment, Cloud Application Migration, Modernization and Others), By Organization Size (Small & Medium Enterprises, Large Enterprises),By Cloud Deployment Mode (Public Cloud, Private Cloud and Hybrid Cloud), By End User (BFSI, Telecom & IT, Government, Healthcare, Manufacturing, Retail & Consumer Goods, and Others),  By Region, Forecast & Opportunities, 2025 ” , the global application modernization services market is expected to grow at a robust rate during the forecast period on account of growing demand for cloud computing services. The application modernization is the process of rewriting, refactoring, and converting the legacy software programming to arrange it more precisely with the existing

Rising awareness among the investors about cryptocurrency is expected to drive the growth of Asia Pacific cryptocurrency market. According to TechSci Research report,  “ Asia Pacific Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User (Banking, Real Estate, Stock Market & Virtual Currency), By Country, Competition, Forecast & Opportunities, 2025 ” , Asia Pacific cryptocurrency market is expected to witness a formidable CAGR during the forecast period. Growing requirement for transparency is one of the major factors accounting for the growth of Asia Pacific cryptocurrency market. In context of cryptocurrency, once the data transaction’s information has been written on a blockchain, it enters in the distributed ledger and there can be no alterations, not even by the system administrator, thereby creates transparency. Moreover, minimal ownersh