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The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...

The ongoing global and regional efforts to decentralize and decarbonize the energy industry result in an increasingly digitized network that will be a more interconnected, intelligent, and responsive energy infrastructure continuously generating substantial amounts of data. However, the industry historically lacks innovative technologies and operat...

In today’s data-driven economy, data is a strategic asset to any business, and organizations around the world are occupied with anomalous amounts of data. Frost & Sullivan expects that the volume of data created would reach 175 Zettabytes (ZB) by 2025. Driven by this explosive growth in data and technological advancements in Big Data and computing,...

Robotics technology has been undergoing major technological growth in recent years. With the advent of Industry 4.0 and smart factories, all industries across the spectrum are adopting advanced robotic automation solutions for varied applications according to industry requirements. Currently, the main robotic technologies are categorized under col...

The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

Advanced sensors have led to the development of advanced robotics systems. This research is primarily focused on the advancements in sensors for robotics used for industrial, logistics, and defense applications. The primary areas focused on are sensor developments in various types of robots, such as legged robots, cobots, and unmanned aerial vehic...

23 Sep 2021  |  Global  |  Market Research

Global Commercial Aerospace Digital Solutions Growth Opportunities

Data-centric Next-generation Technologies to Enhance the Future Growth Potential of Commercial Aerospace

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Digitalization is a ubiquitous strategy essential to sustain business and growth in a post-pandemic economy. High penetration and improvement of digital solutions and accompanying hardware have made digitalization affordable and customizable. The commercial aerospace digital solutions market is captured by identifying digital R&D investment and the...

The homes and buildings industry recorded a robust 8.6% growth in 2022, driven by demand for facility management services, smart home devices, customer experience platforms, and construction management solutions. Increasing adoption of internet of things (IoT) and artificial intelligence (AI)-driven smart building solutions also contributed to the ...

21 Dec 2022  |  Global  |  Technology Research

Promising Digital Innovations in the Agriculture Sector

Transformational Growth of Crop Yield due to High-Accuracy Data Collection, Real-time Communication, and Precise Analytics

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The global population is estimated to increase by 25% and reach 9 billion by 2050. The rising population, coupled with an improved standard of living, results in increased nutrient consumption per capita, driving food demand. Freshwater resources are declining, and frequent cropping to meet the growing demand damages the soil. Water and soil are am...