ICT Market Analysis Report

In the day-to-day growing competition and technological advancements, the Global 5G Satellite Communication Market is likely to grow at a CAGR of 28.91% in the forecast years 2021-26. The prominent factors owing to the growth are technological benefits like high-speed internet connectivity, enhanced safety measures to support multiple end-user industries like aviation, transportation & logistics, consumer electronics, energy & utilities, & heavy industries. Alongside these factors, surging adoption & demand changes of consumers for better and improved bandwidth, seamless connectivity, and low latency further fuel the Global 5G Satellite Communication Market growth. There exists multiple market segmentation, where each segment has a different role and contribution to the market. Based on the Orbits, the 5G satellite communication market segments into Medium Earth Orbit (MEO), Geosynchronous Earth Orbit (GEO), and Low Earth Orbit (LEO). Of all, the Low Eart...

The factors such as the introduction of advanced MMW technology by the market leader, surging internet penetration, burgeoning innovation in radar and security application, and rising government funding to enhance telecom infrastructural are augmenting the market growth. The rollout of 5G and high investment toward 5G infrastructure is the primary factor for the astronomical market growth. Global Millimeter Wave Technology Market is likely to grow at a CAGR of 36% during 2021-26. The escalating need for high-speed network & higher bandwidth, soaring application of MMW technology in military & aerospace, and mounting R&D activities are the crucial factors accelerating the market growth. Based on License Type, Fully Licensed would register an astronomical growth in the coming years due to robust growth in smartphone users and snowballing adoption of fully licensed technology by the telecom sector. Moreover, Unlicensed Frequency captured the highest market share ...

Metamaterials are composite materials specially engineered to exhibit exotic properties that are not present in a naturally occurring material. Several end-users, such as the medical and telecommunication industries, make phenomenal use of different metamaterials for different applications. As per a report, the Global Metamaterial Market could grow at a CAGR of around 36% during 2021-26. Its unique properties have resulted in the development of metamaterial antennas and sensors for petite wireless systems that could be proved more efficient than the traditional ones. Also, the emerging need to enhance the efficiency of solar photovoltaic (PV) has increased the demand for metamaterial as it can augment the absorption capacity of solar cells. Furthermore, the constant need for clean energy sources, such as solar, wind, and hydro energies, has aided the necessity to enhance solar cells' efficacy. Burgeoning R&D activities by various research institutes & market l...

The signification surge in cyber threats across the heavy industry, snowballing use of mobile, cloud and social media along with growing awareness on the importance of cyber security and burgeoning adoption of disruptive technologies such as AI, IoT, cloud computing is increasing amounts of data, thus proliferating the growth of the Middle East Cyber Security market over the forecast period. Besides this, surging investment by the companies toward IT infrastructure, burgeoning digital adoption, proliferating use of smartphones, internet banking and escalating demand for small and medium enterprises (SMEs) in different industry verticals are the factors fueling the growth of market.  However, the COVID-19 crisis has an optimistic impact on the market growth on account of adoption of work from home among various companies, thus this propelled the internet traffic and upsurged the risk of cyberattack at a significant rate. UAE witnessed 250% increase in cyberattacks in 2...

Global Video Conferencing (VC) is anticipated to grow at an astronomical rate during 2020-25. The growth if the market is anticipated to rise in the adoption of video-conferencing solution in end-user such as corporates, education, healthcare, media & entertainment etc., along with escalating 4G-enabled mobile devices and launch of various video conferencing-as-a-service (VCaaS) by the market players. Moreover, the COVID-19 outbreak has a positive impact on the market growth due to the lockdown imposition which has enable the organizations allow their employees to work from home for smooth business operations. Thus, this has augmented the demand for video conferencing solution amongst the corporate sector. However, the shutdown of schools and collages have also propelled the demand for VC solution in education sector. North America dominated the  Global video conferencing market  in 2020. US and Canada acquired the highest market share in the market on account of stron...