The growth of anti-drone systems market is growing in proportion to the growth in the demand by several end-use verticals. Consequently, overall anti-drone systems market expected to experience a notable surge in terms of market value. At present, global anti-drone systems market registered a market value of US$ 2,478.6 Mn and projected to reach market value of US$ 17,333.0 Mn by 2026.
Algorithmic Trading can be termed as an application powered by artificial intelligence and sophisticated algorithm to carry out trading decisions without any human intervention. Dynamics of trading sector are changing at brisk pace and new technologies such as algorithmic trading are giving a head start to trading institutes and financial organizations.
The baggage handling systems market was valued at US$ 8.14 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 8.2% from 2018 to 2026. One of the most prominent factors complimenting the market growth can be attributed to the increasing requirement for improving the operational efficiency at airports.
The global market for aircraft sensors was valued at US$ 1,653.2 Mn in 2017 and is expected to reach US$ 2,686.5 Mn by 2026 at a CAGR of 5.7% from 2018 to 2026. The demand for aircraft sensors is primarily driven by production of new aircrafts. The fleet size of passenger aircrafts in service crossed 19,000 units, with record level of deliveries in 2016 due to continuous increase in passenger traffic.
Air data computers (ADC) are specifically designed to compute and measure the navigation parameters in high speed military trainers, helicopters, transport aircrafts and even unmanned aerial vehicles (UAV). The air data computer market is slated to witness strong growth worldwide during the forecast period due to the evolving concept of integrated systems within aircraft cockpit for enhancing the operational performance and reducing weight of the aircrafts. Air data computer systems have become an indispensable avionics module in modern day fighter aircraft cockpits as it provides mission critical information to the pilot during the flight regime.
Globally, the workforce analytics market is expected to grow with a CAGR of 16.5% during the forecast period from 2019 to 2027. The market is propelled by the growing need among the organizations to enhance the operational efficiency and curb the operational cost. The organizations are adopting the technology based solutions and services for their talent acquisition needs and workforce management and performance evaluation. Moreover, the organizations are leveraging on the working analytics solution to develop a comprehensive workforce performance management.
Globally, the wireless power transmission market is expected to grow with a CAGR of more than 15.5% during the forecast period from 2019 to 2027, starting from US$4.8 Bn in 2018. Wireless power transmission is a way to transfer power without the use of wire and connect the areas where people are unable to get a suitable power source. This technique is highly based on technologies using time-varying electric, magnetic, or electromagnetic fields.
Digital Polymerase Chain Reaction (dPCR) is a technologically advanced version of traditional polymerase chain reaction (PCR). dPCR is more sensitive and reliable technique with improved ability to quantify the absolute amount of nucleic acid. It divides the sample into large number of fragments, each containing either one or no template nucleic acid sequence.
The purpose of this strategic research study titled “Cell Culture Media and Reagents Market- Growth, Future Prospects and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with indepth insights to enable them make informed strategic decisions related to the opportunities in the cell culture media and reagents market.
The WiFi Chipset market worldwide is expected to grow at a CAGR of 5.14% during the forecast period from 2019 to 2027, starting from US$ 16.34 Bn in 2018. The demand for WiFi Chipset is increasing rapidly owing to rising consumer electronics worldwide. The multipurpose use of WiFi Chipset in various smart devices such as smartphones, air-conditioners, washing machines and others has driven the penetration of WiFi Chipsets worldwide.
Hydrogen sulphide (H2S) is found in extracted crude oil from geological sources. In the atmospheric distillation along with lighter hydrocarbons, hydrogen sulphide is separated from rest of the oil. In the amine treatment unit H2S is separated from hydrocarbons and fed to sulphur recovery unit (SRU) for extracting sulphur. With the use of multiple conversion reactor, generally up to 97% of H2S to elemental sulphur is achievable.
The web content management market is expected to grow at a CAGR of 17.5% during the forecast period from 2019 to 2027, starting from US$ 8 Bn in 2018. Increasing penetration of customers towards using learning content management systems (LCMS) offers worthwhile growth opportunities for web content management market providers. Students are becoming more inclined towards using online courses from anywhere in the globe.
The global wealth management software market was valued at US$ 2.20 Bn in 2018 and is expected to witness significant growth, expanding at a CAGR of 12.3% during the forecast period from 2019 to 2027. Wealth management is changing at a rapid pace. Numerous forces from ever-changing client expectations and advanced technologies to rise of disruptive operational models and the market encroachment of eccentric foes are restructuring the playing field.
Globally, the voice biometrics market is expected to grow with a CAGR of 23.5% during the forecast period from 2019 to 2027. The market is driven by the rising need among the organizations to establish efficient and secure methods for data protection and safety. The organizations are swiftly shifting towards the digital business models, and embracing the enterprise mobility solutions and BYOD policies to improve operational efficiency. As a result, employees are using their personal devices to access sensitive business information. However, this could also make the organizations more vulnerable to the cyber-attacks due to lack of security measures.
The global voice assistant application market was valued at US$ 1.20 Bn in 2018 and is expected to witness significant growth, expanding at a CAGR of 18.5% during the forecast period from 2019 to 2027. Voice assistants are software programs that are liable for responding to the voice commands for performing wide range of tasks. Voice assistants come in small packages and are able to perform a variety of functions after hearing a wake command or word. These assistants can answer questions, turn on and off lights, place online orders, play music, etc. As voice assistants are becoming more robust, their utility in both business as well as personal realms is expected to grow in the years to come.
The virtual private server market worldwide is expected to grow with a CAGR of 16% during the forecast period from 2019 to 2027, starting from US$ 2.0 Bn in 2018. VPS is also known as virtual dedicated servers act as virtual machines and the user is accountable for managing and monitoring the server. Increase in need among enterprises for a higher control over server rather than using shared servers is driving the need of VPS private servers.
Globally, the vibrating screen market is expected to grow with a CAGR of 8.2% during the forecast period from 2019 to 2027, starting from 2018. However, the market is expected to reach a market value of US$ 2.25 Bn in 2027. The vibrating screen are defined as a device which is made with a screening surface vibrated mechanically at high speeds and which is used for screening coal, ore, or other fine dry materials including crops.
Globally, the valet robot market is expected to grow with a CAGR of more than 15% during the forecast period from 2019 to 2027. Globally, robots have been introduced to conduct various regular tasks such as security, cleaning and many more. As the demand for additional help increases, the adoption of robots in also increasing with time. Advancements with the help of artificial intelligence have made its easy to develop and modify machines in a way that is needed. In this case, machines a.k.a robots are used to perform the activity of valet parking in public areas. Increasing implementation of artificial intelligence in every step of life, valet parking is also witnessing the effect of automation and AI.
User Activity Monitoring (UAM) accounted for the market value of US$ 1,363.3 Mn in 2018, and expected to grow with promising CAGR of 14.5% across the forecast period from 2019 to 2027. User Activity Monitoring tools enable organization to monitor and gather employee's real-time user actions as well as behavior data on business networks, connected devices, and other monitored workstations.
The test automation market worldwide is anticipated to grow with a CAGR of 14.7% during the forecast period from 2019 to 2027, starting from US$ 27.43 Bn in 2018. Increased mobile application market and rising DevOps methodology worldwide are the major reasons for the market growth. Growing digitization globally will also boost the test automation market demand in years to come. Growing use of mobile applications worldwide and rapid technological advancements are also helping the market growth. Rising cloud-based applications are helping the market growth.
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