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This study analyzes the total global smart cards market. Demand for contactless smart cards, issuing of more number of Europay MasterCard Visa (EMV) credit and debit cards, government national ID programs, and increased adoption of SIM cards are key market drivers. The market is in a matured stage and will witness slow, yet steady growth worldwide....

Smart card vendors continue to move from provisioning of physical cards to the delivery of smart card-related software and services. The commoditization of physical smart cards and the progressive digitalization of services have forced smart card vendors to re-think their strategies and focus on the services side of their business. Frost & Sullivan...

In today's rapidly evolving global landscape, marked by decarbonization, urbanization, and digital transformation, Frost & Sullivan recognizes the imperative for firms to redefine their fundamental purpose. There is a growing awareness of the significance of the value creation of climate change mitigation across all stakeholders, including consumer...

The revolution of smart cities and smart services has created a new set of data that are collected on a daily basis to facilitate individuals’ lives. Governments have started to propose administrative services for citizens to facilitate their interactions and to reduce management costs. However, having such services have generated new opportunities...

The World Bank estimates that rapid population growth and urbanization have resulted in a global average waste generation of about 0.79 kilograms per citizen per day as of 2022. It predicts a direct relationship between waste generation and income levels and projects the daily per capita waste generation in high-income countries to increase by 19.0...

In today’s dynamic global landscape, shaped by decarbonization, urbanization, and digital transformation, Frost & Sullivan underscores the critical need for companies in the homes and buildings sector to redefine their core mission. Rising awareness among stakeholders, such as consumers, employees, suppliers, and policymakers, emphasizes the pivota...

The global smart homes market is projected to reach $405.94 billion by 2030 at a compound annual growth rate of 9.3% from 2024, fueled by demand for convenience, energy efficiency, security, and comfort, alongside rising disposable incomes, urbanization, and the proliferation of IoT-enabled devices. Falling prices and simplified DIY installation ar...

27 Jun 2018  |  Global  |  Market Research

Vision 2025—Healthcare in the Smart Home

Opportunities Lie in the Integration of Big Data, AI, Aging-in-Place, Disease Management, and Wellness to Optimize a Single Consumer Health Platform

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Smart homes are no longer an emerging concept. Consumers are not only warming up to the idea but also buying home automation products. Smart speakers seem to be the favorite, with sales jumping from a meager 6 million units in 2016 to a whopping 33.2 million units in 2017. The developing ecosystem of home automation products that each of these curr...

29 Apr 2024  |  Global  |  Market Research

Global Modular Test Equipment Growth Opportunities

Increased Demand from the Electric Vehicle and Semiconductor Segments will Enhance Future Growth Potential

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Modular test equipment is witnessing growth in demand across different industries, particularly automotive & transportation, aerospace & defense, and communications. Environmental concerns and the need for more scalable and advanced solutions are leading to the development of new technology across sectors, giving rise to the need for accurate and e...