The global block chain technology market was valued at US$ 482.1 million in 2016. Block chain technology market is mainly driven by the increasing adoption of the technology in the financial services sector, public sector and healthcare segments are few of the major factors that are expected to fuel the demand for the block chain technology market. The block chain technology market has been segmented on the basis of type, application, end-use industry, and region.
The global alternative proteins market was valued at USD 7.75 billion in 2016. Alternative proteins market is mainly driven by the increasing health consciousness, shift in consumer preference towards natural plant proteins and increasing demand from general middle class consumers.
Pay television (TV) refers to a television broadcasting service based on consumer subscriptions. The pay TV service may be received through cable TV, satellite TV or using an internet protocol TV (IPTV). The most prominent factor fueling the pay TV market is the consistently rising number of households worldwide along with growing discretionary income of the people. With the continually growing technological advancement in the television sector, people now opt for high quality devices.
Global millimeter wave technology market is estimated to grow at a CAGR of 35.2% during forecast period (2025-2033). Global millimeter wave technology market is primarily driven by rising mobile data traffic, demand for bandwidth intensive applications and increasing adoption of millimeter wave in small cell backhaul networks.
Artificial intelligence is a branch of science and technology which deals with the process of making machines and related processes smart with the help of intelligent computer programming. The prime purpose of artificial intelligence is to create an expert system capable of exhibiting intelligent behaviors such as learning, demonstrate and implementation.
The automotive steering system is among the most integral parts installed in automobile vehicles. Steering systems allow the driver to control and maneuver the vehicle in the desired direction. The basic components of an automotive steering system include a steering wheel, steering column, universal joints, rack & pinion mechanism, and other control mechanisms. Over a period of time, the overall automotive steering systems industry has witnessed a paradigm shift, in terms of the operating mechanism. The industry has evolved dynamically starting from rigid manual steering to flexible power-assisted steering systems.
The biological safety testing market is set to reach US$ 8,935.4 Mn by 2026 from US$ 3,120.8 Mn in 2017 growing at an impressive pace with a compounded annual growth rate (CAGR) of 12.5% during the forecast period from 2018 to 2026. The primary features responsible for the biological safety testing market are rising prevalence of chronic diseases and rapid growth in the clinical laboratories worldwide.
Floor cleaning is one of the major maintenance aspects of the commercial and industrial spaces. Failure in effective cleaning may result into various accidents leading to significant economic as well as personnel loss. In instances such as accidental spills and leakage, manual cleaning using conventional mops and rugs becomes unideal.
Rabies is a fatal neurological disease, usually spread to humans through the bite of a rabid animal, and it is a persistent global problem. Factors such growing treatment awareness and rising initiatives of government organizations in prevention of rabies are primarily driving the growth of human rabies treatment market globally.
The growing need for efficient, reliable, and effective interoperable communication during mission critical operations is one of the major factors fueling demand for critical communication systems worldwide. The critical communication market is witnessing a shift in paradigm from analog systems to digital systems. The ongoing transition is the major trend prevailing in the market and is expected to have positive impact on the market growth.
