Technology and Media Market Research Reports

  Collaborative Robots Industry Overview The global collaborative robots market size was valued at USD 1.23 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 32.0%, from 2023 to 2030. The growth can be ascribed to the increasing adoption of collaborative robots, or cobots, in Small and Medium Enterprises (SMEs). These companies are increasingly investing in cobots to interact with humans in a shared workspace and automate manufacturing processes. The growth is further proliferated by technological advancements in the industry. Gather more insights about the market drivers, restrains and growth of the  Collaborative Robots Market The integration of artificial intelligence and machine learning technologies in industrial robots is positively influencing the business space. Besides, the advent of 5G technology is also expected to stimulate the adoption of cobots in the manufacturing sector. The release of an industrial grade 5G wireless network by Nokia C

Cleaning Robot Industry Overview The global cleaning robot market size was estimated at USD 4.96 billion in 2023 and is anticipated to grow at a CAGR of 22.9% from 2024 to 2030. Modern cleaning robots have sophisticated sensors, AI-driven navigation systems, and advanced algorithms that enhance their efficiency and user-friendliness. These technological innovations have made robots more capable of handling complex cleaning tasks, such as detecting and avoiding obstacles, mapping out cleaning routes, and adjusting their cleaning strategies based on different surfaces. As a result, consumers are increasingly attracted to these advanced devices for their convenience and effectiveness. Gather more insights about the market drivers, restrains and growth of the  Cleaning Robot Market As smart home ecosystems become more common, consumers seek products that can easily connect with their current smart devices. Cleaning robots that can be controlled through smartphone apps or voice assistants s

  Cleaning Robot Industry Overview The global cleaning robot market size was estimated at USD 4.96 billion in 2023 and is anticipated to grow at a CAGR of 22.9% from 2024 to 2030. Modern cleaning robots have sophisticated sensors, AI-driven navigation systems, and advanced algorithms that enhance their efficiency and user-friendliness. These technological innovations have made robots more capable of handling complex cleaning tasks, such as detecting and avoiding obstacles, mapping out cleaning routes, and adjusting their cleaning strategies based on different surfaces. As a result, consumers are increasingly attracted to these advanced devices for their convenience and effectiveness. Gather more insights about the market drivers, restrains and growth of the  Cleaning Robot Market As smart home ecosystems become more common, consumers seek products that can easily connect with their current smart devices. Cleaning robots that can be controlled through smartphone apps or voice assistants

  Precision Farming Industry Overview The global precision farming market size was valued at USD 10.50 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. The growth of precision farming is attributed to the burgeoning proliferation of the Internet of Things (IoT) along with the use of advanced analytics by farmers. Advanced analytics is a part of data science that uses numerous tools and methods to forecast data and ensure that the crop and soil receive adequate nurturing. This helps farmers to plan their actions accordingly. Gather more insights about the market drivers, restrains and growth of the  Precision Farming Market For a deep understanding of different farming aspects such as irrigation and plowing, numerous technologies such as IoT, GPS, and remote sensing application control are used. IoT helps farmers address various challenges involved in the proper monitoring of crops. It provides real-time data about environment t

  Image Recognition Industry Overview The global image recognition market size was valued at USD 45.02 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2030. Image recognition technology, powered by machine learning, has been embedded in several fields, such as self-driving vehicles, automated image organization of visual websites, and face identification on social networking websites. One of the most popular applications of image identification is social media monitoring, as visual listening and visual analytics are essential factors of digital marketing. Image recognition is highly used in applications related to safety and security, such as facial recognition used by law enforcement agencies. Furthermore, airports are increasingly using face remembrance technology at security checkpoints. For instance, in August 2019, Transportation Security Administration (TSA) conducted a short-term test for identity verification automation of

  5G Infrastructure Industry Overview The global 5G infrastructure market size was estimated at USD 16.69 billion in 2023 and is expected to grow at a CAGR of 22.9% from 2024 to 2030. The growing mobile data traffic and the rise of smart cities with IoT applications are key factors that are fueling market growth. Moreover, increased government and telecom investments in 5G networks are expected to create growth opportunities for the market. The increasing demand for connected devices for uses like smart buildings and remote healthcare is also contributing to market growth. Worldwide data traffic, especially mobile data traffic, has increased at exponentially over the past few years. Gather more insights about the market drivers, restrains and growth of the  5G Infrastructure Market According to the Telefonaktiebolaget LM Ericsson’s Mobile Data Traffic Outlook report, at the end of 2023, total worldwide mobile data traffic (without traffic caused by fixed wireless access) reached 130 EB

    Identity And Access Management Industry Overview   The global identity and access management market size was valued at USD 15.93 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. Identity and access management (IAM) assures that the appropriate person and job position (identities) in an organization have access to the tools they need to perform their duties. Identity management and access systems allow companies to administer employee apps without logging in as an administrator to each app.   Advances in the internet of things (IoT) and artificial intelligence (AI), rising awareness about regulatory compliance management, increasing reliance on digital platforms & automation, and growing adoption of cloud technologies across industries are estimated to drive the market over the forecast period. Gather more insights about the market drivers, restrains and growth of the  Identity And Access Management Market   The risin

    Satellite Internet Industry Overview   The global satellite internet market size was valued at USD 8,231.47 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. Satellite internet is a wireless network that covers satellite dishes in space and on Earth. It connects people in remote locations worldwide and provides access to up-to-date information.   Satellite internet is accessed via high-speed network connectivity provided by satellites circling the Earth. It is faster than standard internet service and distinct from land-based broadband services such as digital subscriber line (DSL) and cable. Satellite communication provides a land-based interface with voice, video, and information that can be accessed anywhere on the planet. Gather more insights about the market drivers, restrains and growth of the  Satellite Internet Market One of the most significant benefits of satellite internet for businesses is the ability to transmit

  Remittance Industry Overview   The global remittance market size was valued at USD 48.99 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.1% from 2022 to 2030. Cross-border remittances provide numerous economic benefits, including increased financial inclusion and economic development. Remittances are extremely important in the lives of migrants and their families.   Money received in migrant households in their countries of origin accounts for most of the household income, typically spent on necessities such as medicines, education, food, and housing. Sending money abroad has traditionally been time-consuming and costly, as evidenced by the never-ending chains of intermediaries, hidden fees, and manual paperwork. Fortunately, advancements in the industry over the last few years mean that individuals and even small-to-medium-sized businesses can now benefit from cheaper, faster, and value-added foreign fund transfer services. Gather more insight