The global satellite industry is expected to reach US$508.0 billion in 2024, at a CAGR of 6.51%, for the duration spanning 2020-2024. Factors such as growing number of active satellites, rising penetration of pay TV, expanding coverage of 4G connectivity, increasing usage of the internet, and rapid urbanization would drive the growth of the market. However, the market growth would be challenged ..
The global industrial laser market is estimated to reach US$7.97 billion in 2024, growing at a CAGR of 12.8% for the period spanning from 2020 to 2024. The factors such as upsurge in industrialization and economic growth, growing urban population, rise in industrial revolution, rise in adoption of fiber laser technology and flexibility and time-efficiency properties of laser systems are expecte ..
The global learning management system market is expected to reach US$26.04 billion in 2019, growing at a CAGR of 20.31%, for the duration spanning 2020-2024. The factors such as proliferation of e-learning, increasing number of smartphone users, expansion of public cloud computing, rising usage of internet and demand for Bring Your Own device (BROD) would drive the growth of the market. However ..
The global online grocery market is estimated to reach US$663.33 billion in 2024, growing at a CAGR of 25.02% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, rising number of smartphone users, adoption of internet based devices, rising penetration among millennial population, growing e-commerce and evolving technology are expected to drive ..
The global video conferencing market is expected to reach US$9.55 billion in 2024. The market is anticipated to witness growth at a CAGR of 9.93%, during the period spanning 2020-2024. Factors such as rising trend of connected IoT devices, surging adoption of cloud-based solutions, expanding urbanization and growing penetration of consumer electronics are expected to drive the market. The growt ..
The global machine vision market is expected to reach US$13.36 billion in 2024, witnessing growth at a CAGR of 6.51%, over the period 2020-2024. Factors such as surging urbanization, rising automotive production, increasin ..
The global industrial automation market is estimated to reach US$341.41 billion in 2023, growing at a CAGR of 9.35% for the period spanning 2019-2023. The growth of the market has been driven by an upsurge in economic grow ..
The global additive manufacturing (3D printing) market is expected to reach US$29.24 billion in 2023, growing at a CAGR of 25.68% in the duration spanning 2019-2023. The factors such as rising adoption of 3D printing, upsurge in number of 3D printer manufacturers, ..
The use of HCM and payroll applications helps extensively in decision-making and offers a clear picture of the overall resources of an organization. Human Capital Management (HCM) is defined as the process of acquiring, tr ..
3D printing, also known as additive manufacturing, is a process used to build three-dimensional objects by stacking successive layers of raw materials until the object takes the desired form. The deposition of layers are g ..