Among BFSI, IT and telecommunications, hospitality, healthcare, and media and entertainment, the BFSI sector will maintain the top consumer position in the cloud API market, accounting for over US$ 350 Mn in terms of 2026 revenues.
Globally, the architectural LED products market is driven by the certain regulations taken by government that encourages the usage of LED lighting systems by construction companies. These kind of lighting systems helps in reduction of carbon emission and increases the energy as well. Owing to log lasting feature of these lighting products, a paradigm shift in the global market
Global market for MFT software and service market was valued at over US$ 1157 Million in 2015. In addition, the market is expected to reach US$ 2,071.94 Million by the end of 2025, expending at 6% CAGR.
Walkie-talkies have ruled the communication interface in several public and private business domains over the years. Having said that, the modern era of communication is highly sensitive to imperative advancement in technology. Coming-up of smartphones and other digital communication devices have surely hindered the market width of walkie-talkies.
It offers various customers with platform as a service (PaaS), which is mainly a combination of basic computing and resources infrastructure, which finds application in programing and deploying software applications particularly for delivering them over internet. The global video communication Platform as a Service (PaaS) market is projected to register a CAGR of 39.2% in terms of value during the forecast period
In terms of market revenue, the global electronic cylinder locks credentials market is projected to expand at a CAGR of 9.8%, and procure US$ 740.4 Mn during forecast period 2016–2024. North America and Europe will continue to collectively dominate the global market during the forecast period.
On the basis of distribution channels, smartphones are being predominantly sold through OEMs throughout the global market. By 2016-end, OEMs is likely to be the segment with highest share among distribution channels, securing a 36.1% value share of global smart phones market.
Global market for smart machines is expected to expand at an impressive CAGR of 18.8% over the forecast period 2015-2024. The market will reach US$ 258.5 Bn by 2024 end, up from US$ 55.3 Bn in 2015 in revenues. Asia Pacific will continue to be the largest market globally.
Demand for sonobuoy systems has significantly grown in recent years, especially from the developed countries. In terms of revenue, the global sonobuoy market is anticipated to surpass US$ 518 Million by the end of 2016. In addition, the market is expected to stand at US$ 844.9 Million in terms of revenue by 2024.
Embedded system is a computer system, used within in large mechanical and electrical systems to solve real time computing constraints. It is integrated within the hardware of the electric or mechanical parts. These systems provide better adaptability, reliability, accuracy, power and smaller size.
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