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While the United States and Europe medical device markets face backlash from the economic slowdown, the Russia-Ukraine war, and the cost-of-living crisis, the APAC medical devices market continues to record phenomenal growth. However, 2023 will be challenging for APAC medtech due to uncertainties arising from the anticipated market slowdown and oth...

The recent introduction of ChatGPT from artificial intelligence (AI) firm OpenAI has captured the imagination of the world and moved AI further into mainstream conversation. ChatGPT is “humanizing” AI in a way that has not been experienced before, generating impressive content from relatively simple requests (or prompts) written in natural language...

The global medical devices industry was valued at $545.38 billion in 2024 and is expected to reach $801.34 billion in 2029. Companies continue to focus on and invest in new product development to ensure long-term and sustained growth. The cardiovascular devices market attracted significant investments, especially in transcatheter technologies for m...

03 Sep 2024  |  Global  |  Technology Research

AI and Electronics Technologies Transforming the Consumer Electronics Industry

Next-gen Tech Trends: AI, MEMS Sensors, and Their Influence on Consumer Electronics

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The consumer electronics industry is expected to grow significantly because of advancements in digital and electronics technologies, which will focus on sustainability issues and improve functionality, user experiences, connectivity, integration, miniaturization, and advanced sensors. AI will power features such as voice assistants with natural ...

Rising incidents of cardiac arrhythmia and the increasing demand for minimally invasive procedures boost the cardiac ablation (CA) market growth. In addition, fewer risks associated with the CA procedure make it a preference, worldwide. Global demand for CA procedures declined in 2020 and 2021 due to the COVID-19 pandemic restrictions on non-emerge...

23 Jun 2022  |  North America  |  Market Research

North American Automotive Human-Machine Interface (HMI) Growth Opportunities

The Future of Advanced HMI and Infotainment Systems Aligns with the Autonomous Vehicles Roadmap and Creates Space for Innovative Customer Experiences

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Key Issues Addressed

Consumer interaction with in-vehicle infotainment systems started with a mere hard button and rotary dial system interface but now includes advanced features such as touch screen, voice recognition, and even gesture control. This study offers an overview of in-vehicle HMI features, such as driver display and cockpit display screens, mapping, media ...

03 Jun 2021  |  Global  |  Market Research

Global Artificial Intelligence/Machine Learning Platforms Growth Opportunities

Demand for Disruptive Technologies and Intense Competition Create Future Growth Potential

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Companies across all industry verticals recognize the importance of customer satisfaction (hence, retention) and demand generation (be it new sales, upsells or cross-sells) for business growth. Feeding data into AI/ML platforms, then making sense of such data and creating models that explain or predict customer satisfaction or demand is at the co...

The evolution of technology is fundamentally reshaping the warfare landscape, introducing new methodologies, weapons systems, and strategic paradigms. Key trends and implications characterize this transformation, which will define future conflicts. Securing military infrastructure, critical systems, and sensitive information will become paramoun...

The term metaverse has become a buzzword in the last two years, getting even more popular after Facebook announced its rebranding as Meta, which signaled the company’s embrace of future technology rooted in the metaverse. Broadly speaking, metaverse refers to a network of 3-D virtual environments where humans are represented by avatars used to comm...