ICT Industry Reports

Growing awareness of AR/VR (Augmented Reality/Virtual Reality), advances in technology, and rising consumer spendings, is driving the global AR/VR in Travel & Tourism market. According to TechSci Research report, “ AR/VR in Travel & Tourism Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”  The global AR/VR in Travel & Tourism market is driving on account of the accelerated investments in AR/VR in the travel and tourism ecosystem to enhance the demand for their products and services. VR technology in travel & tourism has immense potential as a marketing device for helping to increase consumer awareness and create strong marketing driver for increasing revenue. While the tourism industries increased AR study aims to improve tourism activities by assisting visitors, it is mainly attributable to information to enhance their knowledge of a tourist spot, all while boosting the tourist experience and creating elevated levels of leisure....

Shifting consumer preference towards digitally advanced & HD television to drive the growth of global broadcast switchers market. According to TechSci Research report,  “Global  Broadcast Switchers Market  By Type (Production Switchers, Master Control Switchers, Routing Switchers), By Application (Studio Production, Production Trucks, News Production, Sports Broadcasting, Post-Production, Others), By Number of Ports (Less than 16 Ports, 16 to 40 Ports, 40 to 250 Ports, More than 250 Ports), By Port Type (Coaxial, Uncompressed IP, Compressed IP, Others), By Video Resolution (4K, High Definition, Standard Definition), By Region, Forecast & Opportunities, 2026” , global broadcast switcher is expected to grow at CAGR of 8.07% in the next five years to reach USD2912.96 million by 2026 on account of increasing demand for broadcast of live programs in HD formats and high penetration of HD and UHD television format throughout the world. Nowadays, consumers are preferring ...

Rising smartphone sales, increasing demand for smart wearable devices, and ascend in auto ADAS to reinforce the global application processor market through 2026 According to TechSci Research report,  “ Global  Application Processor Market  By Devices (Mobiles, Laptop Notebooks, Tablets and Others), By Operating Systems (Android, iOS, Windows and Others), By Application (Gaming, Camera applications, Photo and Video Editing and Others), By Type (32-bit and 64-bit application processors), By Core Type (Dual core, Quad core and others), By Region, Competition, Forecast & Opportunities,  2016-2026 ” , the global application processor market was valued at USD29.56 billion in 2020 and is expected to grow at a CAGR of 8.34% during the forecast period owing to the rising demand for smartphones, smart wearable devices, E-readers, notebooks and automotive ADAS across the globe. Immersive mobile gaming experiences at low power, mobile virtual reality experience, high re...

Increase in the demand for high capacity and low power consuming memory requirements in various electronics sectors to drive global semiconductor memory market. According to TechSci Research report,  “ Global  Semiconductor Memory Market  By Type (Volatile and Non-Volatile), By Volatile Type (DRAM, SRAM, SDRAM and MRAM), By Non-Volatile Type (PROM, EPROM, EEPROM and Flash Memory), By Application (Consumer Electronics, IT & Telecommunications, Automotive, Medical Devices, Aerospace & Defence and Others), By Region, Competition, Forecast & Opportunities, 2016-2026’’ ,  the global semiconductor memory market is projected to cross USD167.08 billion by 2026 at a CAGR of 7.02% on account of the  growing demand for Solid State Devices (SSDs) for faster storage applications in new generation computers with new memory product launches. Moreover, the need for high storage capabilities in semiconductor chips used by different companies will positively infl...

The rising trend of remote working, a growing number of photographers and significant upsurge in home startups in developing markets such as India, China and Brazil to drive the growth of the Global Printers Market. According to TechSci Research report,  “ Global  Printers Market   By Type (Single Functional, Multi-functional), By Technology (Laser, Inkjet, & Others), By Print Type (Image, Painting, Pattern, and Others), By Application (Packaging, Advertising, Publishing and Others), By Region, Competition, Forecast & Opportunities, 2016-2026 ” , the Global Printers Market is forecast to grow at a rate of 3.71% to reach USD11.76 billion by 2026. Growth in the market can be attributed to the increasing trend of remote working and online education systems in the post COVID-19 pandemic environment. In addition to this, the growth can be attributed to the rising number of photographers, which has increased the demand for portable color printers. Also, t...

Growing population base shifting from cable TV to satellite TV is a key driver expected to drive the growth of the Global Broadcasting Transmitter Market. According to TechSci Research report,  “ Global  Broadcasting Transmitter Market , By Technology (Analog & Digital), By Application (FM Radio Transmitter & Television Transmitter), By Region, Competition, Forecast & Opportunities, 2016-2026” , the Global Broadcasting Transmitter Market is forecast to grow at a GAGR of 9.12% to reach USD1500.39 million by 2026. Growth in the market can be attributed to the increasing number of people shifting from cable TV to satellite TV. Satellite TVs provide better, customizable plans, and enhanced picture quality, which a cable TV cannot provide due to the constraints in the coaxial cable it is sent over. The Global Broadcasting Transmitter Market has been primarily influenced by major shift of consumers to smartphones and other portable devices. Growing adoptio...

Increasing demand for online transfer and storage of crypto assets with growing digitization concerning safety and security is the main reason to boost up the global hardware wallet market through 2026. According to TechSci Research report,  “ Global  Hardware Wallet Market  By Connection Type (Near Field Communication, USB and Bluetooth), By Distribution Channel (Online and Offline), By End-User (Capital Market, BFSI (Excluding Capital Market), Real Estate and Others), By Region, Competition, Forecast & Opportunities, 2016-2026” ,  the global hardware wallet market is projected to cross USD359.84 million by 2026 at a CAGR of 10.12%, on account of the increasing need for the security and transparency along with the rising demand of usage of cryptocurrencies in emerging countries across the world.  Moreover, the increasing digitization with the rise in digital payments will positively influence the global hardware wallet market  in the upcoming years. Th...