ICT Industry Reports

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 in

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

  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