Search results for: 'Simulation for Industrial Automation'

The study is a detailed forecast of the total number of IoT devices globally. The study is broken out by region: North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. The North American market is broken down between the United States and Canada. Each region is also broken down by application. The study is a combination of ...

The globa IoT devices market is broken down by region North America, Asia-Pacific, Europe, Middle East and Africa, Latin America. Each region is also segmented by application. In 2024, Building Automation, Security & Surveillance followed by Factory and Industrial Automation will continue to dominate the market, jointly contributing more that 60...

The global cellular IoT market is in the growth stage, with telecom operators expanding in terms of net add connections and revenue. Despite the acceleration initiative by the ecosystem to shut down their 2G and 3G networks, the cellular IoT market is evolving fast. A large number of developing economies continue to use 2G and 3G to ensure connecti...

Introduction of unconventional fuel systems including shale gas, bio-fuels along cut-throat geopolitical barriers including the Saudi-Russia oil price war has infused a volatile business scenario. The effect of these major disruptions has resulted in price volatility across the world. Besides, the introduction of the International Maritime Organiz...

05 Dec 2022  |  Global  |  Market Research

Global Building Management Systems Growth Opportunities

Digital Solutions and Sustainability Outcomes are Vital for Vertical Market Expansion

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The global building management system (BMS) market is being revolutionized by increasing industry convergence and the emergence of innovative technologies. This has led to a rapid increase in the digitalization of buildings, resulting in a spurt in demand for smart buildings and BMS systems. These technologies are causing significant disruptions, i...

The year 2023 will begin with three disruptive forces already playing out. The first is inflationary pressure on wages. The global labor market is expected to remain tight due to aging workforces and stringent immigration policies. The COVID-19 pandemic’s impact on labor force turnover rates will keep price inflation higher than pre-pandemic lev...

The traditional approach to global freight management in the logistics industry faces challenges at every step due to process delays, product theft, and spoilage, lack of supply chain visibility, and resource limitations. Missteps and uninformed decisions in supply chain and logistics operation create havoc and translate into damaged customer relat...

Advancements in technologies that improve navigation and object detection, communication between vehicles and infrastructure, image processing algorithms, data analytics, and machine vision have created opportunities for automotive manufacturers to discover a wide range of solutions for the automotive IoT arena. Enhanced safety and cost-effectivene...

02 Mar 2020  |  Global  |  Market Research

Convergence of AI and IoT—Market Opportunities and Challenges, 2019

Transformative Impact of Artificial Intelligence and Internet of Things will Enable New Levels of Prediction and Automation in IIoT Environments

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The convergence of Internet of Things (IoT) and artificial intelligence (AI) has the potential to drive new revenues for vendors and adopters. Improved efficiency and cost optimization of organizational processes are core advantages that are made possible through the application of such solutions. IoT-AI convergence can deliver new advantages in t...