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Video Surveillance Market Is Set to Garner Staggering Revenues By 2032

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Allied Market Research, titled  “ Video Surveillance Market  by Component, Enterprise Size, System Type, Customer Type, and Application" . The video surveillance market was valued at $61.8 billion in 2022 and is estimated to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032. A video surveillance system is a sophisticated and interconnected network of technological elements designed to observe, capture, and assess visual information within a specific setting. Consisting of surveillance cameras, devices for video recording and storage, and software for management, these systems serve diverse purposes, including security, safety, and operational optimization. Video surveillance systems provide real-time monitoring of the environment and people. This surveillance system is used to promote safety and security among the users. Next-generation video surveillance cameras are one of the most promising security solutions that have the capability of offering re...
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Cables Market to Observe Strong Development by 2030

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 Allied Market Research, titled, “ Cables Market by Installation Type, Voltage Type, End Use: Global Opportunity Analysis and Industry Forecast, 2020-2030 ," the global  cables market  size was valued at $74.72 billion in 2020, and is projected to reach $156.49 billion by 2030, growing at a CAGR of 7.8% from 2021 to 2030.  Cables play an integral part in the integration of various systems & sub-systems among various industry verticals. The demand for reliable connectivity, high-performance communicating channels, and efficiency in transferring data by various enterprise boosts the growth of the cables & connectors market. High-performance networks are essential for business, manufacturing, transportation, education, media, and security. Cables help to ensure that the data infrastructure performs flawlessly for its users at different times and multiple locations. Advancements such as high-definition video and multi-channel audio in the IT and electronics mar...
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Digital Printing Market to Witness Exponential Growth by 2028

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Allied Market Research, titled,  Digital Printing Market  Type, Ink Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2028, ” the global digital printing market size was valued at $25.74 billion in 2019, and is projected to reach $35.71 billion by 2028, registering a CAGR of 3.7% from 2021 to 2028. A digital printing is a process of printing from an electronic file. Digital printing is an alternative printing method to traditional printing; thus, it eliminates unnecessary steps of traditional printing methods such as printing plates, color proofs, and more. However, digital printing has a higher cost per page than offset printing method but reduce the cost by producing several thousand lager print on sheets at a lower rate. Moreover, commercial printing is witnessing provisional and fundamental changes, as the immediate shift from offset printing to digital printing methods, owing to demand for low-cost printing methods.  Rapid adoption of...
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Edge AI Processor Market to Undertake Strapping Growth during 2030

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 Allied Market Research, titled “ Edge AI Processor Market ," The edge AI processor market was valued at $2.5 billion in 2021, and is estimated to reach $9.6 billion by 2030, growing at a CAGR of 16% from 2022 to 2030. The Edge AI Processor market size is expected to accelerate in the forecast period. Edge has many advantages in addition to operational responsiveness, such as energy efficiency. As more data is processed at the edge, less data is moved to and from the cloud, resulting in lower data latency and energy consumption. Over half of organizations, according to the IBV, intend to use edge computing applications for energy efficiency management during the next few years. These factors are anticipated to boost the edge AI processor market growth over the forecast period. The global Edge AI processor industry is segmented based on type, device type, and end-use. By type, the market is classified into central processing unit (CPU), graphics processing unit (GPU), and a...
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Conversational AI Market to Observe Strong Development by 2030

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 Allied Market Research, titled,  “ Conversational AI Market  By Component, Deployment, Type, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, The conversational AI market size was valued at $5.78 billion in 2020, and is projected to reach at $32.62 billion by 2030, growing at a CAGR of 20.0% from 2021 to 2030. Conversational AI is a combination of natural language processing with machine learning solutions, such as virtual agents or conversational bots, which are specifically designed to interact with the user through talking. Further, conversational AI technology is designed to use machine learning, a large volume of data, and natural language processing to help virtual agents to imitate human interactions, text inputs, and human interaction to interpret their meanings in numerous languages. Furthermore, conversational artificial intelligence has components designed to allow Gartner chatbot or virtual agents to understand, pro...
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Beacon Market Will See Strong Expansion Through 2032

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Allied Market Research, titled ,“ Beacon Market , by type, technology, application: Global Opportunity Analysis and Industry Forecast, 2024-2032"  The beacon market was valued at $9.59 billion in 2023, and is estimated to reach $395.9 billion by 2032, growing at a CAGR of 53% from 2024 to 2032. Beacons are small Bluetooth transmitters that broadcast a signal to nearby smartphones and tablets. Beacons can be used to deliver targeted messages or promotions to customers who have opted-in to receive such notifications. They can also be used for location-based services, such as finding the nearest store or providing directions. The importance of beacons lies in their ability to provide a more personalized user experience while also helping businesses track customer behavior and preferences.  The growing utilization of beacons in logistics, warehousing, and retail sectors serves as a significant driving factor for the beacon industry. In logistics, beacons enable real-time track...
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Battery Charging IC Market Expected to Witness Sustainable Growth Over 2032

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 Battey charging ICs are devices that regulate current and voltage within a battery. They are commonly used in portable devices such as cell phones, tablets, and laptops. Among various types of batteries, Li-ion battery charger ICs have emerged as the promising ones because of their unique characteristics. These batteries have greater energy densities, offering higher voltage per cell and tolerating higher currents. 𝐒𝐨𝐟𝐭 𝐬𝐰𝐢𝐭𝐜𝐡𝐢𝐧𝐠 𝐚𝐧𝐝 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐬𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫𝐬 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 𝐜𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐈𝐂𝐬 In the past few years, battery charging IC technology has undergone a huge transformation, offering new applications across diverse industries. Continuous advancements in this field focus on enhancing the efficiency, flexibility, and thermal management of batteries. Soft switching has evolved as a new technique in the domain that offers greater efficiency and enables lower heat generation. By minimizing energy l...
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