Aerial Imaging Market to surpass $4Bn by 2024

Aerial Imaging Market was estimated at over USD 1.7 billion in 2017, and is set to exceed USD 4 billion by 2024, according to a new research report by Global Market Insights, Inc. The aerial imaging market growth is attributed to the rising adoption of drones for aerial photography applications. There has been an exponential increase in the use of UAVs for aerial photography applications over the past decade due to the key cost-benefits that they offer over traditional imaging platforms such as helicopter and fixed-wing aircraft-mounted camera platforms. Drones offer excellent maneuverability in congested urban areas where large aircraft … Continue reading Aerial Imaging Market to surpass $4Bn by 2024

Lecture Capture Market Business and Innovation Trends from 2018 to 2024

The lecture capture market is characterized by the presence of hardware and software components. Hardware components include cameras, microphones, recording system, and learning management systems. The hardware segment is anticipated to grow owing to the high usage of tablets and smartphones among students and enterprise workforce. The software segment is projected to show a significant market growth during the forecast period as the purchase of hardware is a one-time fixed investment, but software needs the upgrading and maintenance. The software market is driven by the increase in online courses & schools and unparallel growth of distance learning courses across the … Continue reading Lecture Capture Market Business and Innovation Trends from 2018 to 2024

MVNO Market to cross USD 120 billion by 2024

Mobile Virtual Network Operator (MVNO) Market size was over USD 55 billion in 2017, and is set to reach USD 120 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing number of customers opting for cost-effective services is driving the MVNO market. Companies that offer voice & SMS services, limited data, and inexpensive devices are increasing. These companies are targeting and successfully attracting the price-conscious customers using traditional marketing channels such as physical stores and limited budgets. This allows the companies to generate profits, encouraging the new players to enter the industry. Growing need … Continue reading MVNO Market to cross USD 120 billion by 2024

Hyperscale Data Center Market Present Scenario and Growth Prospects from 2018 to 2024

The hardware segment accounted for the majority of the hyperscale data center market share in 2017 and is anticipated to witness a high demand over the forecast timespan. An exponential rise in the number of businesses has led to rising pressure for enhanced data storage hardware solutions. Hardware forms a crucial part of the infrastructure that determines the quality of solutions offered by companies. Key players are focusing on incorporating the latest advanced technologies, such as AI, into their facilities. The hyperscale data center market is highly susceptible to constant changes in technologies owing to which companies are required to … Continue reading Hyperscale Data Center Market Present Scenario and Growth Prospects from 2018 to 2024

Solid State Drive Market Trends Growth Forecast Research by 2024

Based on the types in the Solid State Drive Market, the product is classified into two categories, internal and external. It can be used as an internal memory storage for personal computers, laptops, tablets, and smartphones and they can be used as an external memory storing device. The industry is currently witnessing an increasing use of external devices due to their portable nature. An external device is expensive & slower; however, it can be attached to devices through FireWire or USB. The SSD market is segmented based on interfaces, which include SATA, SAS, and PCIe. PCIe segment is popular in … Continue reading Solid State Drive Market Trends Growth Forecast Research by 2024

Facial Recognition Market Technology Innovation and Current Business Trends by 2024

The segmentation of the facial recognition market based on technology includes 2D, 3D, and analytics. The 3D segment is anticipated to dominate in terms of revenue. This is mainly attributed to the functional drawbacks of 2D technology and the advantages 3D offers in comparison to it. For instance, 2D systems are highly susceptible to illumination changes and pose variations where any variations can result in a mismatch and a false alarm. The analytics segment of the facial recognition market is anticipated to experience a high adoption as it aids in the collection of descriptive metadata about a given face such … Continue reading Facial Recognition Market Technology Innovation and Current Business Trends by 2024

Semiconductor Memory Market Present Scenario and Growth Prospects from 2018 to 2024

The semiconductor memory market is characterized by the types of memories including Read Only Memory (ROM) and Random-Access Memory (RAM). ROM includes EEPROM, EPROM, Flash Memory, and PROM. RAM comprises SRAM, SDRAM, MRAM, and DRAM. The demand for DRAM is projected to grow rapidly due to the ability of these components to refresh and delete the data while running the program. These are also cheaper than SRAM and have a higher storage capacity. The demand for PCRAM is expected to grow over the forecast timespan due to their improved features and reduced power consumption. Semiconductor Memory Market size is expected … Continue reading Semiconductor Memory Market Present Scenario and Growth Prospects from 2018 to 2024