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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...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

Enhancing customer experience tops the list of manufacturers’ goals for 2023. To meet escalating customer demands, these enterprises are taking steps, such as adding new services and products; expanding customization capabilities; offering multiple contact channels; and enabling remote, always-on services, portal-based ordering, and account access....

Smart sensors employs microelectromechanical systems (MEMS) and very-large-scale integration (VLSI) technology to function effectively. A smart sensor is a device that receives input from the physical world, and upon detection, leverages internal computing power to carry out predefined actions to provide optimized output. Key operations of smart se...

This report presents the findings of the survey conducted by Frost & Sullivan to understand fleet & asset tracking and shipment monitoring in Japan’s logistics service delivery market. The survey includes responses from decision-makers and key influencers in the fleet and logistics asset and shipment monitoring space associated with multinational a...

This research service provides a detailed analysis of the fraud detection and prevention (FDP) market in light of increasing cybersecurity concerns. FDP vendors are using data and device analytics, user behavior and pattern recognition technology, guidelines set by regulating bodies, and industry standards that enable integration to offer know-your...

The buildings that we live and work in are getting smarter and more connected. Driven by the demand to reduce energy consumption and make buildings self-sustainable and more comfortable, a wide range of new systems are entering the smart building ecosystem. A staggering number of new applications and services are enabled thanks to the Internet of T...

Modern cloud-native security requires a paradigm shift to a shift-left model to protect applications by moving security closer to identified dynamic workloads and applications based on attributes and metadata, such as labels and tags. It requires early security integration and throughout the ADLC (instead of injecting security into later life cycle...

Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past 5 years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) industry. Digital technology and new business models are driving O&G opt...