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The Europe Smart Home market was valued at USD 12,985.9 million in 2017 and is projected to reach USD 31,716.2 million by the end of 2025, growing at a CAGR of 12.2% during 2018-2025. Figure 1: Global Europe Smart Home Market Revenue, 2018–2025 (USD Million) Source: GMI Research The key factors bolstering the market growth […]

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The emergence of technological advancements in modern warfare has led to the improvement in radar technology, as planes, missiles and electronic warfare are getting more powerful so the radars thereby increasing the demands for 3D radars. The market for Long range radar are gaining more traction due to its wider applications in areas. This research […]

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The global access control market has witnessed a substantial growth in recent years. The increasing acceptance of access control solutions due to rising security issues worldwide, growing of usage of technologically advanced wireless solutions in security systems as well as higher adoption of cloud-based platforms. The access control systems are being used excessively in key […]

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Drug discovery is the initial step in the process of a novel drug candidate’s identification and its therapeutic target. Drug discovery or new drug target are being evaluated based on efficacy, potency, bioavailability, and toxicity. Artificial intelligence is widely used in the healthcare industry and especially used for drug discovery. Artificial intelligence technology has the […]

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Artificial Intelligence is witnessing a significant growth in the manufacturing industry, since, it is helping in reducing operating cost, and in decreasing the turnaround time. For instance, e-commerce players are investing in drones and robots for optimizing their supply chain. For example, in August 2017, e-commerce giant Alibaba deployed 60 robots in its smart factory […]

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The global artificial intelligence market was USD 6.2 billion in 2017, and is expected to reach USD 153.4 billion by 2025, growing at a CAGR of 49.6% during 2018–2025. Figure 1: Global AI Market Revenue, 2018–2025 (USD Billion) Source: GMI Research Factors such as increase in adoption of artificial intelligence solutions across a broad range […]

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The global artificial intelligence market was USD 6.2 billion in 2017, and is expected to reach USD 153.4 billion by 2025, growing at a CAGR of 49.6% during 2018–2025. Figure 1: Global AI Market Revenue, 2018–2025 (USD Billion) Source: GMI Research Factors such as increase in adoption of artificial intelligence solutions across a broad range […]

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Battery are becoming ubiquitous and are playing an important part in our lives by powering wide range of electric and electronics devices we use on a day to day basis. The demand for batteries are surging across the world due to the increase in demand for portable devices, electric and hybrid electric vehicles and for stationary energy storage purpose. […]

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Biometrics identifies a person through the physiological and behavioral traits such as fingerprint, Iris, palm, retina, face, and signature. Biometrics uses physiological and behavioral traits of a human which inseparable thus reduces the threat of loss, theft and guessed which is in the case of smartcard, password, and PIN. The global market for biometrics is […]

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The global CMOS image sensor market has witnessed a substantial growth in recent years. The high demand from the end-use industries especially food & beverage and automotive, increased requirement for high quality images as well as favourable regulations pertaining to safety are the key factors fuelling the growth of the global CMOS image sensor market. […]

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The market for collaborative robots is expected to grow at a CAGR of 56.6% from 2016 to 2023. The global market for collaborative robots reached USD 189.5 million in 2016 owing to increasing focus towards automation by manufacturing companies as well as growing demand for compact, lightweight and dexterous robots along with low average selling […]

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The global commercial drones market has witnessed a substantial growth in recent years. The rise in the application areas of drones majorly in precision agriculture and law-enforcement, favourable government policies and regulations as well as increased technological advancements are the key factors fuelling the growth of commercial drone’s market. Apart from this, the developing economies […]

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The global electric vehicle components market was estimated to be USD 103.2 billion in 2016 and is projected to reach USD 480.1 billion by the end of 2024, exhibiting a CAGR of 21.2% during the 2016-2024 on account of factors such as are favourable government policies and regulations, rise in demand for environment friendly vehicles […]

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The global electric vehicle components market was estimated to be USD 124.9 billion in 2017 and is projected to reach USD 583.5 billion by the end of 2025, exhibiting a CAGR of 21.3% during the forecast period. Figure 1: Global Electric Vehicles Market Revenue, 2018–2025 (USD Billion) Source: GMI Research Factors such as favourable government […]

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The humanoid robots are the robots that have human like body structure and have characteristics like humans. The humanoid robots are capable of interacting and assisting humans in their work. The humanoid robots utilize artificial intelligence to interact with humans. Factors, such as advancement in technology and artificial intelligence, and growing need for humanoid robots […]

ideo Surveillance systems are used for monitoring activities in public areas, commercial and businesses buildings for real time or for later viewing. The system is a combination of hardware and software integrated together to capture images and videos analyze on a real time basis and for later use to gather critical evidence for law enforcement