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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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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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20 Dec 2022  |  Global  |  Technology Research
Advances and Growth Opportunities in RNA Vaccines
Technology Innovations and Investments Bolster Next-generation Prophylactic and Therapeutic RNA Vaccines
RNA therapeutics and vaccines have been around for a long time, but the COVID-19 pandemic enabled their mass-market commercialization. Industry players saw mRNA vaccines developed for COVID-19 as effective for reducing the impact of the SARS-CoV-2 virus in populations. Moderna emerged as the first player to develop and commercialize an mRNA vaccine...
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20 Dec 2022  |  Global  |  Market Outlook
Predictions for the Cloud Industry
Some fifteen years after the cloud burst into our consciousness, enterprises are no longer exploring the model, but honing it. In 2023, the focus will be on optimizing complex hybrid, multicloud environments—for cost, app performance, and flexibility. Increasingly important use cases, leveraging Internet of Things (IoT) and artificial intelligenc...
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20 Dec 2022  |  Global  |  Technology Research
Connected Packaging Technology Growth Opportunities
Future Growth Potential of Intelligent and Interactive Packaging for Product Traceability, Brand Promotion, and Consumer Engagement in F&B, FMCG, and Pharma Industries
Several industries are witnessing a digital transformation due to the rise in technologies and Industry 4.0. The food and beverage (F&B) industry is seeing a new range of opportunities with improved connectivity, better food safety, and consumer interaction. F&B considers food safety to be prime due to the burden of food contamination and foodborn...
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