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The laboratory information management systems (LIMS) industry in the United States and Europe is forecast to grow from 2023 to 2027 at a CAGR of 8.8% and 6.3%, respectively, driven by the increasing need for laboratory automation, regulatory compliance, and cloud-based solutions. Prominent players in the US and EU LIMS industries, such as ThermoFis...

30 May 2023  |  North America  |  Technology Research

Generative Artificial Intelligence (GenAI) Augments Human Capabilities and Possibilities

A Journey into the World of Artificial Generation and Synthetic Creation

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Based on public data-trained models, Gen AI algorithms can generate new and creative information/data like the original content produced by humans. This phenomenon has created a massive buzz in the market, transforming how we search for information, create content, and conduct business. The latest developments in large language models and their ...

This research service analyzes current and future trends in the global compressor market across various industries. This analysis is in an Excel format. Analysis is based on end users (chemicals, construction and mining, food and beverage, general manufacturing, life sciences, oil and gas, power generation and others), and technology types (industr...

This study analyzes the global polyols market for non-foam applications. The analysis includes the polyols used in coatings, adhesives and sealants, elastomers (CASE), and binder applications. Flexible and rigid foam applications that are important applications for polyols are excluded. This research service covers four regions, namely, North Ameri...

This research examines the quantitative and qualitative aspects of the light vehicle aftermarket industry in the Gulf Cooperation Council (GCC) by assessing industry performance and identifying the many trends that have an impact on the demand for aftermarket parts, repair, and maintenance. The research delves into a comprehensive examination of th...

The Paris Agreement set ambitious targets to progressively reduce greenhouse gas (GHG) emissions based on national plans, known as nationally determined contributions (NDCs). Consequently, carbon pricing and crediting instruments were introduced to reduce global emissions by applying a price to the GHGs emitted by a certain activity, leading to the...

The pace of digital transformation by US water utilities has significantly increased in the last 5 years in response to water stress caused by unprecedented droughts and heat waves across the country. Water utilities of all sizes are responding to state-level regulations and policies to improve water conservation and reduce water loss as the urbani...

Private multi-access edge computing (MEC) involves deploying dedicated computing and networking resources on a client's premises. It prioritizes ultra-low latency, data security, and customization, making it ideal for industrial automation, smart factories, and applications demanding real-time control and stringent data privacy. This segment of the...

Frost & Sullivan s analysis indicates that sensor network technology will record immense growth, potentially resulting in billions of connected devices due to constant improvements in enabling technologies, particularly artificial intelligence (AI). Growing demands in multiple industries, including information and communications technology (ICT), m...