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22 Dec 2022  |  Global  |  Technology Research
Decentralized Finance (DeFi): Disrupting Financial Intermediaries
Technology is Offering a Digital Alternative to Transform the Finance Industry
Developers coined the term DeFi (defy) to illustrate eliminating regulatory parties and intermediaries from transactions, as multiple parties being involved in a transaction leads to low transparency and money loss for the user in a traditional financial system. DeFi allows clarity and transparency, giving users confidence and an understanding of ...
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22 Dec 2022  |  Global  |  Technology Research
Technology Trends and Advancements in Nuclear Hydrogen
Advancements in High-temperature Electrolysis and the Shift Toward Hydrogen Economy will provide Competitive Intensity to Nuclear Hydrogen Production
While clean energy resources are replacing fossil fuels, hydrogen has emerged as an attractive path to decarbonizing the industrial sector, demonstrating strong potential to have a substantial impact on the energy and transportation sectors. With its high energy density and ability to provide heat and electricity to produce low-cost hydrogen on a l...
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22 Dec 2022  |  Global  |  Technology Research
Emerging Opportunities of Metal 3D Printing in Mass Production
A Disruptive Technology that Drives the Manufacturing Industry to Transform its Design and Production
Additive Manufacturing (AM) has undergone significant technological growth in recent years, reaching a state where major industries such as manufacturing, automotive, aerospace, and healthcare are adopting it for mass 3D printing of low-volume components. Industry participants are competing to develop highly scalable and advanced 3D printers th...
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22 Dec 2022  |  Global  |  Tracker
Global Industrial Coupling Factbook
New Materials that Support Vibration to Increase Future Growth Potential
The factbook on Industrial Couplings provides a detailed understanding on the total revenue generated in the couplings market. The base year for the study is 2021, and forecast years are from 2022 until 2026. The factbook breaks down revenue by 3 coupling types: mechanical flexible couplings, material flexible couplings, and fluid couplings. The st...
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22 Dec 2022  |  Asia Pacific  |  Tracker
Asia-Pacific Contact Center Applications Tracker, 2022
Digital, Omnichannel, and Cloud Applications Drive the Transformational Growth of Contact Center Solutions in the Asia-Pacific
The Asia-Pacific contact center applications market generated $825.3 million in revenue in 2021, registering an annual growth of 9.5%. Though COVID-19 clouded the outlook at the beginning of the year, technology upgrades, cloud migration, and the adoption of analytics, automation, and self-service applications drove market growth. The market is set...
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22 Dec 2022  |  North America  |  Frost Radar
Frost Radar™: Electric Vehicle Leasing in North America, 2022
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
In 2021, the electric vehicle (EV) penetration rate in North America was low, at less than 4%, but several geopolitical factors are sending the trend on an upwards trajectory. For example, a ban on Russian oil by the United States and Canada after the start of the Russo-Ukrainian War has caused oil prices to soar in many places. As a result, the vo...
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21 Dec 2022  |  Global  |  Technology Research
Supercomputers: Enabling Applications of the Future
The Demand for High-performance Computing Boosts Future Growth Potential Across Application Areas
A supercomputer is an interconnected system of processors, memory modules, input, and outputs (I/O), and network nodes, that collectively execute highly complex tasks in a significantly smaller time frame than a regular computer. A regular computer may take years to execute certain processes while a supercomputer can achieve those in minutes. Super...
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21 Dec 2022  |  Global  |  Technology Research
Antibody-drug Conjugates: Technology Growth Opportunities
Disruptive Technologies and a Conducive Funding Environment are Fostering Growth
Antibody-drug conjugates (ADCs) are therapies that target cancer cells with antigen-specific antibodies and highly toxic payloads. ADCs are currently generating interest among drug developers, contract manufacturing companies, regulatory agencies, and other stakeholders. The rise in the number of drug approvals has also sparked interest in further ...
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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
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...
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20 Dec 2022  |  Global  |  Technology Research
Technologies Transforming HVAC Systems and Their Global Growth Opportunities
Digital Transformation in HVAC Systems for Enhanced Efficiency and Convenience
HVAC systems have been witnessing a major transformation with the inclusion of novel technologies, including IoT and artificial intelligence/machine learning. These technologies offer various benefits and improvements for legacy HVAC systems, such as improved efficiency, remote monitoring and control, energy savings, and reduced carbon emissions. ...
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