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How are Evolving Wireless Technologies Fueling the Growth of the Global Industrial Augmented Reality Market?

Augmented reality is an advanced technology that utilizes the user's environment and offers a superior digital experience in a real-time environment by using sensory modalities. Augmented reality enables developers to integrate digital content with the actual world in real-time. The Global Industrial Augmented Reality Market is likely to grow a CAGR of 45% during 2021-26. The market growth attributes to the mounting market penetration of smartphones & connected devices in various application verticals. Additionally, the rapidly expanding gaming industry boosts the market growth. The major leading players in the Global Industrial Augmented Reality Market are Google Inc, PTC Inc, Upskill, Microsoft Corporation, Wikitude GmbH, Moverio, Epson, Lenovo, Daqri, Samsung, BeetSoft Co. Ltd, NEXT/NOW, 4Experience, and Quytech. Augmented Reality (AR) means incorporating a user's real-time environment with digital information, ranging from small numbers or text to somethi...

Rising Demand for Energy Efficient Glass in the Construction Industries fuels the Growth of the Global Energy Efficient Glass Market

Energy-Efficient Glass is the low-emissivity coated glass beneficial for preventing heat exchange through the glass surface, making it highly thermally insulating, thereby enhancing the energy efficiency of the building and results in cost-saving energy bills.   Since the previous few years, the global glass industry is astronomically growing due to the gradual shift of consumers toward energy-efficient glass technologies. The demand for energy-efficient glasses is surging rapidly in the market and shall continue to increase over the forthcoming years.   Further, the demand for energy-efficient glass products in the developed countries like the US, UK, Germany, and France is substantially increasing. In the developing countries, especially in China, India, and Brazil, a rapidly expanding construction & transportation industry due to high population growth is crucially boosting the energy-efficient glass market growth. Besides, mounting urbanization and snowba...

How is the Global Intelligence Soft Robotics Market progressing in the Asia-Pacific Region?

Robots reduce the need for labor and aid production scalability. The rapidly developing robotic technology offers features & high potential for improving productivity and decreasing human efforts. These advantages are also the factors owing to the growing adoption of robots and expanding the market globally. The COVID-19 outbreak negatively impacted the global market and bestowed the following diverse challenges for the industry: •    lack of availability of raw materials •    contractual obligations •    project delays & cancellations •    suspended production of soft robotics •    supply chain disruptions The prime cause behind these challenges was the imposition of lockdown across various regions. However, the market regained its functioning by following guidelines circulated by governments. Hence, the Global Intelligent Soft Robotics Market is likely to revive and attain astronomical growth in...

Know Why Global 5G Satellite Communication Market likely to Attain 28.91 CAGR during 2021-26

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...

How the Burgeoning Innovation in Radar and Security Applications is Accentuating Millimeter Wave Technology Market?

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 ...

How Varied Design Functionalities is Fueling the Rise of the Global Metamaterial Market?

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...

Proliferating Use of Smartphones, Internet Banking to Soar Middle East Cyber Security Industry

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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...