Search results for: 'fast digitization'

The impact of the convergence of Information Technology (IT) and Operational Technology (OT) has been tremendous in recent times. Benefits of this convergence can be seen even in traditional markets (e.g., mechanical testing). The world is staring at an economic mess propelled by the catastrophic outbreak of COVID-19. In 2020, the demand for digita...

The objective of this study is to identify the key trends prevailing in the global modular test equipment market and examine the factors that boost and restrain the growth of the market. The study also discusses the product areas that bolster growth for the forecast period (2021 to 2027). The research provides estimates of the market size and futur...

The need for adapting Microelectromechanical Systems (MEMS) technologies is rooted in the requirement to enable high and faster on-chip data processing needs across all industries. MEMS technology has drastically evolved over the years with a high need for miniature smart sensors with high efficiency. The key factors that are driving the MEMS tech...

02 Feb 2021  |  Global  |  Market Research

Big Data Analytics and Artificial Intelligence are Driving the Global LIMS Market

Data-based Decision Making and Laboratory Automation are Driving Market Growth

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A laboratory information management system (LIMS) is a type of application that is designed to enhance laboratory quality and performance by keeping track of data relating to samples, tests, workflows, and equipment. Cloud LIMS and data integration analysis are driving demand for LIMS across the world. Pharmaceuticals and life sciences applicatio...

Field programmable gate arrays (FPGAs), application-specific integrated circuits (ASICs), and application-specific standard products (ASSPs) are logic devices that are typically used to manage the interchange of digital signals within a system. While ASICs and ASSPs result in a lower unit cost, they are associated with high fixed costs and demand h...

31 Mar 2021  |  Global  |  Frost Radar

Frost Radar™: Global Calibration and Repair Services Market, 2021

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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The global calibration and repair services market is anticipated to reach $3,996.9 million by 2024, driven by customers increasing concern about quality, greater adoption of these services in the aerospace and defense and life sciences industries, and tightening regulations imposed by authorities across the world. The instruments used require dilig...