OLED Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024

The OLED market segmented on the basis of technology type is bifurcated into rigid display and flexible display panels. The application of flexible screens in smart wearable devices such as watches and in signage displays is anticipated to contribute to the significant growth of this segment. OLED Market size is projected to experience a significant growth during the forecast timeframe owing to the high adoption of these systems in consumer electronic devices like smartphones and laptops. The technology provides high advantages over traditional LED screens through high-contrast displays and improved static image quality. Additionally, their increased responsivity to touch, smoothness … Continue reading OLED Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024

Safety Light Curtain Market Share, Applications, Segmentations & Forecast by 2024

Safety Light Curtain Market is expected to experience high demand influx, owing to the adoption of Industry 4.0 across all industrial sectors. Industry 4.0 mandates the use of this equipment to guarantee protection in activities such as assembly, storage, packaging, and processing without human interference. The safety light curtain market size is expected to gain momentum over the next seven years, owing to rise in the number of industrial accidents, particularly in industries such as pharmaceuticals & chemicals, automotive, and packaging. The equipment provides a reliable and cost-effective way to protect machines from damage and employees from injury by protecting … Continue reading Safety Light Curtain Market Share, Applications, Segmentations & Forecast by 2024

Global Data Center UPS Market to hit $4.5bn by 2024

Data Center UPS Market size was valued at over USD 3 billion in 2016, and set to exceed USD 4.5 billion by 2024. Data Center UPS Market will grow at over 3% CAGR estimation from 2017 to 2024.; according to a new research report by Global Market Insights, Inc. The growing trend of virtualization, and cloud computing is driving the growth of the data center UPS market. This trend has fueled the rise in the number of UPS installations for data centers in SMBs and large enterprises which has allowed these organizations to use power efficiently and effectively. These systems … Continue reading Global Data Center UPS Market to hit $4.5bn by 2024

Data Center Cooling Industry Analysis, Pitfalls, and Future Challenges from 2017 to 2024

Data Center Cooling Market size was estimated at over USD 8 billion in 2016 and is predicted to grow at over 12% CAGR from 2017 to 2024. Data Center Cooling Market size is set to exceed USD 20 billion by 2024; according to a new research report by Global Market Insights, Inc.Increase in the power consumption levels and the need to enhance the overall efficiency is expected to fuel the data center cooling market demand over the forecast timeline. Data centers necessitate a cool environment to eliminate the recirculation of heat, as the excessive heat generated from the equipment can … Continue reading Data Center Cooling Industry Analysis, Pitfalls, and Future Challenges from 2017 to 2024

Humanoid Robot Industry in wheel drive robot market to grow at 35% CAGR up to 2024

Humanoid Robot Market size was valued at over USD 450 million, with global shipments of over 90,000 units in 2016, and set to exceed USD 5 billion by 2024; according to a new research report by Global Market Insights, Inc. The shipments are forecast to grow at over 40% CAGR from 2017 to 2024. Increasing deployment of robots enabled with advanced features across retail and hospitality applications to enhance the customer experience is projected to augment demand. Emerging trend of digitization across these sectors followed by the growing adoption to reduce costs associated with various business operations significantly contributes to … Continue reading Humanoid Robot Industry in wheel drive robot market to grow at 35% CAGR up to 2024

Global POS Terminals Market to expand $125bn by 2024

Ezetap’s recent acquisition of FortunePay is a vital indicator of the growth in (Point of Sale) POS Terminals market. Similar to the growth strategies adopted by most markets, mergers & acquisitions and novel product launches primarily form the strategy landscape of POS terminals industry as well. In June 2017, Bangalore based POS firm Ezetap had acquired FortunePay, an online payment & physical payment service provider to banks in India. This deal is anticipated to help Ezetap avail the latter’s infrastructure and become a sole payment service provider for the traders in India. Earlier in June 2014, Ezetap had also collaborated … Continue reading Global POS Terminals Market to expand $125bn by 2024

MVAS Market trends research and projections from 2017 to 2024

According to Global Market Insights, Inc., Mobile Value Added Services (MVAS) industry, which was evaluated at USD 400 billion in 2016, is forecast to surpass USD 1300 billion by 2024. The growth trajectory of MVAS Market is expected to display a rising trend, subject to its extensive applications across the telecom, healthcare & IT, BFSI, education, retail, entertainment & media, and government sectors. A steep rise in the popularity of social media websites along with the growing use of mobile payment apps will also offer bright prospects for the business. Escalated demand for availing entertainment services on mobiles coupled with … Continue reading MVAS Market trends research and projections from 2017 to 2024