ICT Industry Reports

The increasing global building automation system market is driven by energy efficiency and sustainability, smart building initiatives during the forecast period 2024-2028. According to TechSci Research report,  “Global Building Automation System Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028,  The Global Building Automation System (BAS) market is a dynamic and rapidly evolving sector within the broader construction and building management industry. BAS solutions have become essential for enhancing the operational efficiency, energy conservation, and sustainability of buildings across various sectors, including commercial, residential, and industrial. At the heart of the BAS market's growth is the increasing global emphasis on energy efficiency and environmental sustainability. With growing concerns about climate change and the need to reduce carbon footprints, BAS solutions have gained significant traction. These systems offer centralized contro

The increasing miniaturization of the system on module has resulted in optimum space and functionality, which is key requirements in portable and wireless devices. According to TechSci Research report, “ Global System on Module (SoM) Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028” . The Global System on Module (SoM) is anticipated to project robust growth in the forecast period with a CAGR of  9.25 % through 2028. Edge computing is a trend that has gained significant momentum in the SoM market. With the growing volume of IoT devices and the increasing need for real-time data processing and analysis, edge computing is becoming indispensable. SoMs, with their compact yet powerful processing capabilities, are well-suited for edge computing applications. Edge computing involves processing data closer to the source, reducing latency and bandwidth usage, which is critical for applications like autonomous vehicles, industrial automation, and remote moni

The increasing global fiber optic sensor market is driven by increasing demand for real-time data, growth of the internet of things (IoT) during the forecast period 2024-2028. According to TechSci Research report,  “Global Fiber Optic Sensor Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028,  The Global Fiber Optic Sensor Market is currently experiencing substantial growth and is poised for continued expansion. Fiber optic sensors, renowned for their high precision, sensitivity, and immunity to electromagnetic interference, have become integral to various industries and applications worldwide. One of the primary drivers of this market's growth is the increasing demand for real-time data. The ability to acquire instantaneous and accurate data is essential for optimizing industrial processes, ensuring safety, and making informed decisions. As a result, industries ranging from manufacturing to healthcare are increasingly turning to fiber optic sensors

  The increasing global automated passenger counting system market is driven by growing emphasis on passenger safety and security, enhanced operational efficiency during the forecast period 2024-2028. According to TechSci Research report,  “Global Automated Passenger Counting System Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028,  The Global Automated Passenger Counting System (APC) market has experienced significant growth and transformation, driven by the increasing demand for precise passenger data within the transportation sector. APC systems have become integral in optimizing operations, enhancing passenger safety, and enabling more efficient transportation planning. This market's prominence is primarily attributed to the pivotal role of APC technology within the railway sector, where factors like high passenger volumes, complex infrastructure, and the need for integration with fare collection systems have made it indispensable. Railways: T

The global microprocessor GPU market is rising due to increasing demand for graphics processing power in applications such as gaming, AI, and data analysis in the forecast period 2024-2028. According to TechSci Research report, “ Global Microprocessor GPU Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, The global microprocessor Graphics Processing Unit (GPU) market is experiencing substantial growth and transformation as it adapts to the evolving demands of various industries. This growth can be attributed to several key factors. First and foremost, the burgeoning popularity of gaming and the rise of esports have driven the need for high-performance GPUs, fostering market expansion. Additionally, the increasing adoption of GPU-accelerated applications in artificial intelligence and machine learning has further fueled market growth, as organizations seek to harness the power of parallel processing for data-intensive tasks. The cryptocurrency min

The Global Wireless Microphone Market is rising due to increasing demand for mobility and flexibility in audio applications in the forecast period 2024-2028. According to TechSci Research report, “ Global Wireless Microphone Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, The Global Wireless Microphone Market has witnessed significant growth in recent years, driven by several key factors that underscore its rising prominence. The increasing demand for mobility and flexibility in audio applications, coupled with advancements in wireless technology, has propelled this market forward. Wireless microphones offer greater mobility and convenience, making them essential for various industries, from entertainment and live performances to business and education. The proliferation of professional audio systems and the ever-expanding entertainment industry have further fueled the adoption of wireless microphones. As venues and events become more sophistic

Growing demand for creating smart factories, as well as a rising need for cloud-based product lifecycle management (PLM) solutions is expected to drive the market of the Global Product Lifecycle Management Market in the forecast period of 2024-2028. According to TechSci Research report,   Product Lifecycle Management Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F,  the Global Product Lifecycle Management Market is anticipated to register a robust growth during the forecast period, 2024-2028. The growth in the market is attributed  to the growing use of smart manufacturing, particularly by small businesses, and the growth of smart factories would provide new opportunities for market players. However, throughout the course of the projection period, growth in the market is anticipated to be constrained by worries about data security and other aspects including integration and implementation costs which drive the growth of the Product Lifecycle Manage

Waterproof Security Cameras is increasing due to the growing demand for advanced surveillance solutions across various industries in the forecast period, 2024-2028. According to TechSci Research report, “ Global Waterproof Security Cameras Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028   Global Waterproof Security Cameras market has witnessed tremendous growth in recent years, reaching a valuation of USD 1.26 billion in 2022. The market is projected to continue its strong upward trajectory, posting a CAGR of 5.26% from 2024 to 2028. The Waterproof Security Cameras market has witnessed remarkable global growth in recent years, driven by its widespread adoption across various industries. Key sectors such as entertainment production, engineering research, healthcare, and industrial design have recognized the value of Waterproof Security Cameras-powered solutions in streamlining workflows, ensuring data quality standards, improving analysis, and optim

Solid State Lighting is increasing due to the rising demand for energy-efficient lighting solutions in the forecast period, 2024-2028. According to TechSci Research report, “ Global Solid State Lighting Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028   Global Solid State Lighting market has witnessed tremendous growth in recent years, reaching a valuation of USD 42.38 billion in 2022. The market is projected to continue its strong upward trajectory, posting a CAGR of 12.56% from 2024 to 2028. The Solid State Lighting market has experienced significant growth globally in recent years, driven by its widespread adoption across various industries. Key sectors such as entertainment production, engineering research, healthcare, and industrial design have recognized the value of Solid State Lighting-powered solutions in streamlining workflows, ensuring data quality standards, improving analysis, and optimizing research and development operations. The mar