Microphones market report share is projected to reach USD 3.4 billion by 2027, growing at a CAGR of 8.2% during the forecast period. The microphone market has experienced significant growth in recent years due to the increasing demand for high-quality audio recording in various applications. Microphones are essential components for recording audio in a variety of industries, including music,...

The IoT based Asset Tracking and Monitoring market is projected to grow from USD 3.9 billion in 2022 to USD 6.6 billion by 2027; it is expected to grow at a CAGR of 11.3% from 2022 to 2027. The Internet of Things (IoT) has revolutionized the way businesses track and monitor their assets. IoT-based asset tracking and monitoring solutions provide real-time visibility and control over assets,...

The AI sensor market is projected to reach USD 22.1 billion by 2028, from USD 3.0 billion in 2022, at a CAGR of 41.6% according to a new report by MarketsandMarkets™. Key factors driving the growth of the AI sensor market include the growing demand for AI sensors in IoT-based devices across home automation and automotive applications, smart...

The global robot end effector market is expected to grow from USD 2.3 billion in 2023 to USD 4.3 billion by 2028, registering a CAGR of 13.5% according to a new report by MarketsandMarkets™. Increasing demand for modular end effectors and the growing adoption of collaborative robots due to the fast-changing nature of industries are among a few major...

Telecom Power System Market: Powering the World’s Communication Infrastructure The telecom power system market is a rapidly growing industry that plays a critical role in powering the world’s communication infrastructure. Telecom power systems are designed to provide a reliable and uninterrupted power supply to telecom networks, including cell towers, base stations, and data...

As the world becomes increasingly connected, the importance of securing devices and data is becoming more apparent. The rise of the Internet of Things (IoT) has led to an explosion of connected devices, from smart homes and cars to industrial machinery and medical devices. However, this interconnectedness also creates new security risks, making embedded security an essential component of modern...

The HVAC controls market refers to the industry that manufactures and sells devices and systems used to regulate heating, ventilation, and air conditioning in residential, commercial, and industrial buildings. These systems can control temperature, humidity, air quality, and other environmental factors to provide comfort and safety for occupants. The global HVAC controls market is projected to...

The global AI infrastructure market is projected to grow from USD 28.7 billion in 2022 to USD 96.6 billion by 2027, at a CAGR of 27.5% during the forecast period from 2022 to 2027. The AI infrastructure market is expanding rapidly, and there are several growing application verticals that are driving this growth. Some of the most notable verticals include: Healthcare: AI is being used in...

Global Digital twin market report share is projected to reach USD 73.5 billion by 2027 at a CAGR of 60.6% during the forecast period. The digital twin market can be segmented based on various factors, such as: Type: The digital twin market can be segmented based on the type of digital twin. There are three types of digital twins: product digital twins, process digital twins, and system...

The global intelligent power module market size is anticipated to grow from USD 1.8 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of 10.7% from 2022 to 2027. Opportunities: Growing demand for renewable energy sources: As the world moves towards a more sustainable future, the demand for renewable energy sources such as wind and solar power is increasing. IPMs can help to improve...