With rapid technological advancements,
there is need for efficient transportation. Inefficient transportation
difficulties are expensive as well as time consuming. The major concern
is in building the infrastructure for transportation such as roads,
highways, and railway tracks. This is because manufacturing a car is
less time consuming than construction of roads, tracks etc. Rising
population and the migration of people from rural areas to the metros is
responsible for traffic congestion.
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An Innovation Perspective on Esports Market and Its Implications
Esports or electronic sports are a group
of sports played online via video games. Each team or individual
competes in various popular online games and sponsors compete for a
bigger share of the global audience. Esports market
is home to intense competitions which increasingly take place in front
of a live audience to build and measure audience loyalty.
These sports competitions are becoming
increasingly popular in recent times. According to recent estimates,
Esports market caters to over 380 million audience online every year.
North...
IoT to Change the Future of Advanced Packaging Technologies Market
In its latest report titled – “Advanced Packaging Technologies Market – Global Industry, Size, Share, Growth, Trends and Forecast, 2018–2026,” Transparency
Market Research (TMR) delivers key insights on the consumption of a
variety of packaging products, with advanced packaging technologies used
in different end uses. According to TMR, the global advanced packaging technologies market
is projected to clock a CAGR of 7.5%, during 2018-26, which is
attributed to several factors, on which, the advanced packaging
technologies report provides...
Increasing Adoption of Advanced Technologies to Fuel Demand for Artificial Intelligence
Integration of artificial intelligence
is skyrocketing, as the global industries are inclining towards
employing advanced technologies. Large number of industries are
employing artificial intelligence to draw systematically analyzed
information. Growing progression need in the question acknowledgment,
zones of machine interpretation, and protest observation has further
increased the need for artificial intelligence. Moreover, rapidly
growing information generation and its storage capacity,
parallelization, and high computing power has...
Global Wire and Cable Market Soars High with Wings of Innovation
The global wire and cable market
is catering to a wide range of diverse demands as emerging countries
and developed countries significantly differ in product application. For
example, regions such as North America and Europe have become mature
markets and the demand for fiber optics and innovations in the use of
copper are key dynamics in these regions. On the other hand, Asia
Pacific, Latin America, the Middle East, and Africa are witnessing a
growing demand for copper- based solutions to meet the needs of the
expanding construction...
Advancement in AI and IoT to Propel Growth in Global Smart Toys Market
The global smart toys market
is estimated to witness a significant growth in the span of coming
years. The progress is credited to the several supporting factors such
as improvement in latest technologies of Internet of Things and
Artificial Intelligence (AI). Moreover, changed lifestyle among the
urban people along with the surge in their disposable income, and
increased awareness with respect to the advantages of the smart toys,
outdoor and indoor, both are the additional factors fueling the market
demand. Even though the prices of...
5 Factors Hint Massive Growth for Chatbot Market
Few
years ago, when a person opened a company’s website, it was common to
chat with a customer care executive. Today, things have changed. It is
highly possible that when someone logs into a website, h/she will be
prodded by a chatbot asking if they need help. It does not end here.
Chatbots have evolved in the past few years, and are useful in handling
functions beyond customer care. These aspects show promise for growth in
the global chatbot market.
A
chatbot is a computer application or artificial intelligence that
indulges...
Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031
SDKI Inc. published a new report on the collagen market on January 25, 2022. This study includes the statistical and analytical approaches ...
