The global retail sourcing and procurement software market is expected to register substantial growth in the near future, attributed to an increased technology adoption, e-commerce, income growth in emerging economies, and changing consumer behavior. The market is recognized by stiff competition by key vendors. Big players are trying to adopt techniques like acquisition, partnership, and …
Category Archives: Technology
Radio frequency identification market 2023: Expeditious Growth Expected In Coming Years
The global radio frequency identification (RFID) market is expected to register substantial growth in the near future, attributed to increase in usage of security & access control applications, requirement of the accurate data unit, and growth in demand for effective store handling. However, factors such as high initial investment cost, damage of sensors, and device …
Low Power Wide Area Network Market IoT Connectivity Drives Demand for Energy-Efficient Solutions
On the basis of application, smart building segment dominated the low power wide area network market share in 2022, and is expected to maintain its dominance in the upcoming years, owing to increase in the trend of data analytics and automation in several industries is proliferating the demand for low power WAN in smart buildings.Smart …
Mobile Hot Spot Router Market Advancements in Mission-Critical Communication Solutions Propel Growth
As per the changes in professional work patterns, there has been a prominent increase in the average time being spent in commuting for work which is thereby expected to spur the demand for global mobile hot spot router market during the forecast period. Expansion in the WiFi enabled smart devices product portfolio augments the adoption …
Mobile Broadband in Public Safety Market Enhancing Situational Awareness with Real-Time Data
Increase in awareness about safety, cost-effective benefit of mobile broadband, and availability of real time data primarily drive the market growth. However, lack of adequate funding, security breaches, and interception of the wireless signals limit the growth. Further, difficulty to analyze the data during emergencies poses considerable challenges for the market. Enhanced speed of next …
Ride-Sharing Software Market Report 2023-2032 by Application, Industry Vertical, Region and Top 10 Players
According to the report, the ride-sharing software industry generated $7 billion in 2022 and is anticipated to generate $34.2 billion by 2032, witnessing a CAGR of 17.6% from 2023 to 2032. The global ride-sharing software market is driven by several factors, including the increase in penetration of smartphones and the internet, the growth in demand …
5G Smartphone Market Size Is Likely To Reach a Valuation of Around USD 13633.3 Billion by 2032
According to the report, the global 5G smartphones market generated $18 billion in 2022, and is anticipated to generate $13633.3 billion by 2032, witnessing a CAGR of 94% from 2023 to 2032. A steady increase in the demand for 5G technology in smartphones is predicted to be one of the important factors driving the growth …
Software Localization Market Expected to Reach USD 15.6 Billion by 2032 | Top Players Such as – SYSTRAN, Babylon and Lionbridge
The global software localization market is driven by the increased concentration of businesses focused on global expansion, and increased demand for multilingual software. However, software localization can be a costly process, particularly for small and medium-sized enterprises (SMEs) with limited budgets and localization projects require time and resources to ensure high-quality results, are two prominent …
Mobile 3D Market Expected to Reach USD 402.5 Billion by 2032 | Top Players Such as – 3M Company, NVIDIA and Sharp Corporation
The Global Mobile 3D Market is experiencing growth due to factors such as increasing demand for 3D content and advancements in 3D technology. However, the limited processing power of mobile devices hampers market growth to some extent. Moreover, the increase in availability and affordability of mobile devices is expected to provide lucrative opportunities for market …
Semiconductor Bonding Market Global Outlook, Research, Trends and Forecast to 2030
Allied Market Research published an exclusive report, titled, “Semiconductor Bonding Market by Type (Die Bonder, Wafer Bonder, Flip Chip Bonder), by Proces Type (Die To Die Bonding, Die To Wafer Bonding, Wafer To Wafer Bonding), by Bonding Technology (Die Bonding Technology, Wafer Bonding Technology), by Application (RF Devices, Mems and Sensors, CMOS Image Sensors, LED, 3D NAND): …