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28 Dec 2020  |  Global  |  Technology Research
Growth Opportunities of IIoT in Small and Medium Scale Enterprises
Data Communications and connectivity between devices encouraging adoption of IIoT
IIoT (Industrial Internet-of-Things), came into reality during the advent of Industry 4.0. The technology provided immense data communications and connectivity between all devices. The fourth industrial revolution changed the whole manufacturing spectrum. The technology helped manufacturers to tremendously increase their efficiency and productivity...
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23 Aug 2022  |  Global  |  Market Research
Growth Opportunities for Digital Twins in Manufacturing
Next generation Digital Twins Enabling Transformational Growth in Industrial Manufacturing
Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementi...
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05 May 2020  |  Global  |  Technology Research
Role of 5G Communication revolutionizing Industrial Internet of Things
Landscape and Opportunities Assessment in Industrial Operations
5G with low latency and greater bandwidth accelerates the rate of data download, enabling the of use real-time data in the industrial operations. Images and data can be downloaded much faster with 5G integrated IIoT devices. As the result, data can be easily shared remotely. Connected factories: High speed data sharing is achieved using 5G integra...
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18 Jun 2020  |  Global  |  Market Research
Analysis of the Global Time and Attendance Solutions Market, Forecast to 2024
Biometric-based Time and Attendance Solutions will Grow Rapidly due to the Increase in Adoption of Remote Working in the Near Futu
In 2019, the global time and attendance solutions market raked in $1,776.3 million in terms of revenue, and the market is expected to grow at a compound annual growth rate (CAGR) of 5.8% between 2019 and 2024. North America (NA) was the largest regional market for time and attendance solutions, holding 25.5% of the global revenue. The region is exp...
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10 Aug 2020  |  Global  |  Market Research
5G-powered Digital Economy Catalyzing the Global Wireless Technology Market, 2020–2024
IoT, SDN, and Low-power Consuming Wireless Technologies to Drive Growth Opportunities
The global wireless technology market is well established and is witnessing a period of dynamic growth. This market is expected to expand its revenues from $1,431.30 billion in 2019 to $5,519.40 billion by 2024, at a CAGR of 31.0%. Wireless technology is used for enabling connectivity between different communication networks, within enterprises, or...
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14 May 2019  |  Global  |  Market Research
Global Corrosion Monitoring Market, Forecast to 2025
Revenue Growth Is Fueled by Non-intrusive Corrosion Monitoring
The corrosion monitoring plays a vital role in several industries and assists in raising productivity and decreasing the downtime. There is a clear shift from intrusive corrosion monitoring techniques to non-intrusive corrosion monitoring technique. This is mainly due to the inherent disadvantages related to safety in intrusive corrosion monitoring...
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20 Dec 2022  |  Global  |  Market Research
Global Process Gas Reciprocating and Centrifugal Compressor Services Market in the Oil and Gas Industry
Decarbonization and the Use of Alternative Energy Sources are Key Considerations for Compressor Vendors to Drive Growth
This deliverable examines the key types of compressor services across various regions. The study discusses the revenue generated by servicing, repairs, maintenance, and end-of-life services for process gas centrifugal and process gas reciprocating compressors. The study provides forecasts until 2026, with market data provided on major regions, incl...
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08 May 2020  |  Global  |  Market Research
Global DC Power Systems Market, Forecast to 2025
5G Deployment to Lead Demand for DC Power Usage
DC power systems are expected to see growth as increased demand from telecom companies leads to increased deployment. Advent of 4G and 5G networks leads to steady growth of DC power systems as telecom base station power demand increases steadily. 5G deployment is the key driver for DC power systems, which is expected to see modest growth between 20...
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18 Sep 2018  |  Global  |  Market Research
Global LED Lighting Market (2018 Update)
LaaS is Set to Alter the LED Lighting Business Model; Human-centric Lighting Applications Will Drive the LED Market by 2024
The global LED lighting market is highly competitive and is driven by the demand for energy-efficient lighting, advanced lighting control, reduced prices and increasing awareness on the potential health benefits to human beings. LED manufacturers are adopting new business models to combat the drastic fall in prices of LED light sources. The global ...
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23 Dec 2022  |  Global  |  Market Research
Global Non-destructive Testing (NDT) Equipment Growth Opportunities—Forecast to 2028
The Post-pandemic Major Recovery in Operations and the Growth of the Composite Materials Market Fuel NDT Equipment Growth
COVID-19 brought about major changes for companies and industries globally, followed by a recovery of operations in 2021. 2022 began with the war between Russia and Ukraine, which created fears of a global recession and inflation, resulting in uncertainties among manufacturers to plan future investments. While Europe is likely to be affected more, ...
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