TechnoMark News

Allied Market Research, titled, “ Edge AI Hardware Market  By Component, Device Type, Process, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global edge AI hardware market size was valued at $6.88 billion in 2020, and is projected to reach $38.87 billion by 2030, registering a CAGR of 18.8%. Asia-Pacific is expected to be the leading contributor toward the edge AI hardware market during the forecast period, followed by LAMEA and Europe.   Edge AI hardware is a device that can make decisions & process data independently without any external connection. These edge AI hardware does not have any issue of bandwidth and latency of real-time data, which influence application execution. Real time operations are very crucial in robots and self-driving cars among other applications. Global edge AI hardware market growth is anticipated to be driven by factors such as emergence of AI coprocessors for edge computing and rise in IoT appli...

Allied Market Research, titled, “ 3D Printing Market , by Technology, Application, and Region: Opportunity Analysis and Industry Forecast, 2021–2030," The 3D printing market was valued at $13.2 billion in 2020 and is estimated to reach $94.0 billion by 2030, growing at a CAGR of 22.1% from 2021 to 2030. 3D printing, commonly known as assistive printing technology, is an enhanced manufacturing process designed to enable users to create models utilizing a wide range of printing materials. Polymers, metals, ceramics, and other materials are among the materials utilized in 3D printing. Moreover, the printing medium chosen is determined by the characteristics of the printed product as well as the region of application. Certain 3D printers can create models using various materials at the same time, which simplifies the production process. In addition, the uses of 3D printing service have grown rapidly as it provides better speed, higher precision, and finer resolution. The ...

Allied Market Research, titled, “ Sensor Market   By Type, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2028”, the global sensor market size was valued at $166.69 billion in 2019, and is projected to reach $345.77 billion by 2028, to register a CAGR of 8.9% from 2021 to 2028. Asia-Pacific region is expected to be the leading contributor of the global sensor industry during the forecast period, followed by North America and Europe. Incorporation of sensors into any device increases its functionality, accuracy, and efficiency, increasing its automation. This, in turn, contributes to high growth rate in the sensor market. There is an increase in demand for sensors due to their wide usage in consumer electronic appliances. Manufacturers of consumer electronic appliances are incorporating more sensors in their devices to add additional features and keep ahead of other players in the highly competitive sensor industry.  In addition, automotiv...

Allied Market Research, titled “ Audio Amplifier Market ," The audio amplifier market was valued at $4.2 billion in 2022, and is estimated to reach $7 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032. Audio amplifiers are electronic devices that amplify the amplitude of audio signals, allowing them to be played at a higher volume level through speakers or headphones. These amplifiers are essential components of audio systems because they provide the required power and amplification to drive speakers and create clear, strong music. The audio amplifier market analysis market includes audio amplifiers used in consumer electronics such as home audio systems, televisions, smartphones, and automotive infotainment systems, as well as professional audio equipment used in concerts, theatres, recording studios, and public address systems. The market for audio amplifiers is driven by the growing traction of in-vehicle infotainment systems for the audio amplifier market. A ris...

Allied Market Research, titled, “ Smart Lamp Market  By Type and Application: Global Opportunity Analysis and Industry Forecast, 2023-2032", The smart lamp market was valued at $4.1 billion in 2022, and is estimated to reach $25.1 billion by 2032, growing at a CAGR of 20.1% from 2023 to 2032.   A smart lamp, also known as a smart light or connected lamp, is a lighting fixture that incorporates advanced technology to offer various features and functionalities beyond traditional lighting. The key defining characteristic of a smart lamp is its ability to connect to a network, typically through Wi-Fi or Bluetooth, and be controlled remotely or automated through a smartphone, tablet, voice commands, or other compatible devices. Smart lamp offer users the ability to control their lighting remotely through smartphone apps or voice commands. When integrated into a larger smart home ecosystem, users can control not only their lamps but also other connected devices, c...

 Allied Market Research, titled,  “ Nanotechnology Market  By Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,”  the global nanotechnology market size was valued at $1.76 billion in 2020, and is projected to reach $33.63 billion by 2030, registering a CAGR of 36.4% from 2021 to 2030. The nanotechnology market analysis is currently in its growth stage and is expected to register substantial growth shortly, owing to the high investment in R&D activities by market players and an increase in focus toward the Internet of Things (IoT). Other factors that drive the market growth include increase in demand for automobiles & electronics and the development of smart devices. According to nanotechnology market trends, emerging technologies, such as artificial intelligence (AI) and quantum computing, require nanotechnology to achieve full commercialization. The UK has a rich heritage of microprocessor design, with companies such as...

Allied Market Research, titled, “ AI CCTV Market   by Offering, Camera Type, Deployment, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global AI CCTV industry size was valued at $14.83 billion in 2020, and is projected to reach $55.22 billion by 2030, registering a CAGR of 14.90%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by LAMEA and Europe.  AI CCTV is a network IP camera which execute advanced analytical functions such as face detection, person detection, vehicle detection, traffic counting, license plate recognition (LPR), and people counting. These AI features are realized by using extremely advanced video analytics software, which is integrated with the recorder and camera. The global AI CCTV market share is anticipated to witness significant growth during the forecast period, owing to factors such as increase in demand for technically advanced surveillance ...