Wireless testing evaluates a product's functionality and real-time performance using wireless technologies including Wi-Fi, Bluetooth, and cellular connectivity. Over the years, this technology has developed to enable worldwide phone, data, and video communication. The development of machine-to-machine connectivity and IoT sensors that are permanently connected to the internet has also increased demand for wireless testing. Thus, the global wireless testing market will reach USD 31.23 billion by 2030, as per P&S Intelligence. The telecommunications sector has seen a rise in the count of cellular network subscriptions worldwide during the last 10 years. Additionally, innovation is growing toward connections that are more active and quicker responsive. APAC Market Will Grow at a Rapid Pace Given that numerous rising nations in the area are quickly implementing such systems, APAC is a crucial industry for wireless testing solutions. Additionally, the APAC market will advan

The MVNO market has garnered USD 73.6 billion in 2022, and it is projected to rise at the rate of 8.7% from 2023 to 2030, to capture $155.2 billion by 2030, As per the report by market research company, P&S Intelligence. This growth can be credited to the increasing usage of smartphones and the need for reduced cost mobile costs. Major growth in the demand for triple-play services in emerging economies; and a surge in the need for high-speed internet connectivity. Furthermore, the increasing requirement for better video, voice, and mobile data and the growing usage of the internet are major key growth drivers for mobile virtual network operators, who provide such solutions at a lesser cost in comparison to mobile network operators. The prepaid category is projected to show faster growth in the years to come. This is mainly due to customers opting for prepaid plans, as these offer them the liberty to modify their plans as per their requirements, particularly those that use

As per a report by P&S Intelligence, the global medium voltage protection relay market generated a value of USD 1,337.0 million in 2022, and it will grow at a 7.5% CAGR, to touch USD 2,971.4 million, by 2030. This can be credited to the rise in the requirement for electricity supply, fast industrialization and urbanization, the growth of smart grids, and the electrification of railway infrastructure.

The global data center infrastructure management (DCIM) market generated a revenue of $1.5 billion in 2020 and it is set to exhibit rapid expansion from 2020 to 2030 (forecast period), as per the estimates of the market research company, P&S Intelligence. The market is being driven by the burgeoning requirement for gaining end-to-end visibility to predict capacity management requirements, rising focus on improving energy efficiency and data center uptime, soaring need for a low carbon footprint and sustainability, and surging number of hyperscale data centers across the world. Enterprises must plan their data center strategy in such a way that the systems never breakdown. Moreover, data center managers must make sure that their data center strategy can cope with the evolving needs of organizations. DCIM provides insights and visibility by monitoring several parameters, such as security uptime, network operations, and the performance of computers and data center servers, and add

The global variable refrigerant flow (VRF) systems market is set for lucrative growth in the coming years. The factors driving the market advancement are the burgeoning requirement for energy-efficient heating, ventilation, and air conditioning (HVAC) solutions, the expansion of the construction industry, and the increasing implementation of government initiatives in several countries for easing foreign direct investment (FDI) regulations in the real estate sector. VRF systems are basically air conditioning systems that comprise two major components: indoor and outdoor units. As VRF systems are highly energy-efficient, on account of being equipped with a smart variable-speed compressor that runs at the needed capacity at a particular temperature condition, they are extensively being used in various applications. Moreover, these systems make the simultaneous cooling and heating of different zones possible. In addition to this, these systems are built for capturing heat while cooling

The size of the Qatar HVAC maintenance service market was USD 243.5 million in 2022, and it will reach USD 389.6 million by 2030, advancing at a rate of 6.1% in the years to come, as per P&S Intelligence. This is because of the steady growth in the HVAC industry, the increasing requirement for AMC services, and the growing construction business. The cooling category held in excess of 60% revenue share in 2022. Qatar has a subtropical and hot dry desert climate, and experiences hot and humid summers and low yearly rainfall; thus, making it profoundly reliant on HVAC solutions for cooling necessities. Also, the Qatari government is implementing new rules for endorsing energy efficiency, leading to the replacement of old cooling systems with further efficient systems, since HVAC has one of the highest energy consumption equipment. The industry is also booming with the surging demand for AMC services. This is a packaged solution provided by a company involved in the setting u

The total size of the gas insulated switchgear market was USD 22,457.4 million in 2022, and it will hit USD 36,400.7 million by 2030, advancing at a rate of 6.2% by the end of this decade, as per a report by P&S Intelligence. The indoor category had the larger share, about 70%, in the past because indoor switchgear is much safer and dependable, needs less space than an outdoor system, and more robust and easier to uphold. Because of the grounded metal enclosures, the danger of electrocution is also reduced.

In 2022, the live laser-based training and simulation platforms market was worth around USD 1,082 million, and it is projected to advance at a 6.50% CAGR from 2022 to 2030, hitting USD 1,791 million by 2030, according to P&S Intelligence. Such platforms are unutilized for training and gaining live learning practices because of their lucrative nature and capability to make lifelike conditions, thus offering vital hands-on experience in a harmless and controlled environment. The surge in air traffic and the quantity of commercial aircraft, rise in the utilization of the internet, hike in the demand for improved soldierly training, growth in the acceptance of smartphones and other electronic devices, substantial development in e-learning enrolment, as it supports pupils in gaining cognitive enhancements; and improvements in the virtual training and simulation technology together rouse the market growth. The growing awareness regarding these platforms has led to their incr

The total size of the SD-WAN market was USD 3,514.6 million in 2022, and it will reach USD 30,907.6 million in 2030, with a CAGR of 31.2% by the end of this decade, as stated by a market report by P&S Intelligence. Network security is continuously an urgency for IT executives. With the growing data use worldwide, an extensive range of mission-critical assets, for example applications, enterprise info, databases, and more resources, are becoming susceptible to unauthorized access. The solution category had a larger share, around 70%, in the recent past. This is mostly as a result of the shift to multi-cloud environments, acceptance of connected IoT devices, thriving compliance necessities, strong requirement for secured network infra, and strengthening emphasis on optimization of application. Of the two kinds of solutions, software had larger share, and it will also have a faster growth in the years to come. This is mostly attributable to the high requirement for software t

The vision sensor market generated revenue worth $2.5 billion in 2019 and is expected to reach $9.2 billion by 2030, while displaying a CAGR of 12.7% during the forecast period. The growth will be driven by the surging demand for vision sensors from the automobile industry, advent of Industry 4.0, and increasing adoption of smart vision sensors. With the advent of Industry 4.0, the demand for industrial automation solutions is expected to increase in future. This will eventually propel the vision sensor market growth during the forecast period. The vision sensors play an imperative role in the making of intelligent and automatic products. For example, vision sensors are employed in the inspection of manufactured products in the food & beverage, electronics, and automobile industries. Therefore, the surging demand for industrial automation will create several opportunities for market players in the forecast years. Moreover, the automotive industry is generating high demand fo

The security as a service (SaaS) market will progress at 17.4% CAGR during 2020–2030, on account of burgeoning popularity of the bring-your-own-device (BYOD) culture in offices, rising penetration of cloud solutions, and increasing implementation of government regulations mandating data security. The market stood at $7.8 billion in 2019 and it is projected to reach $43.4 billion by 2030. Moreover, surging number of BYOD and data security regulations has fueled the demand for multi-factor authentication solutions from business organizations. To maintain data security, players are integrating authentication solutions in their offerings. One of the major growth drivers for the security as a service market is the soaring adoption of cloud solutions in different industries. Business and government organizations are switching to the cloud for data storage, as it does not require any physical information technology (IT) infrastructure and professionals. Also, the installation and operation

The global network telemetry market revenue stood at $200 million in 2020 and it is predicted to rise significantly during 2021–2030 (forecast period). The factors driving the expansion of the market are the surging digitalization rate, soaring prevalence of network security attacks, increasing adoption of network telemetry solutions by many service providers and organizations such as consultancy providers and telecom firms, and the burgeoning requirement for the optimization of network infrastructure. In recent years, the incidence of cyberattacks has increased massively, primarily because of the surging penetration of the internet across the world. During these attacks, the servers and networks of organizations are penetrated and confidential data is stolen, thereby causing huge losses. Moreover, many programmers are hacking into computers and stealing data from various sources such as from the internet of things (IoT) gadgets that are commonly used in a centralized network. Th

The total value of the data center market was USD 263.34 billion in 2022, and it will rise at a growth rate of above 10.9% in the near future, to reach USD 602.76 billion by 2030, according to P&S Intelligence. The major reasons behind the growth of this industry are exponential increase in data. Thus, the requirement for these data centers is surging because of the growing need for mobile, analytics, cloud and cloud services globally. In recent years the due to the extensive growth of social media channels, the need to new data centers has immerged to store gathered information. IT sector generated highest revenue for data centers industry, as it comprises storage, network and server infrastructure, which indeed is the backbone of these services. It is also projected to continue its dominance in coming years. these days, companies are leaning more toward well-equipped centers to allow improved data management as data analysis has become very essential for business growth. Su

In 2021, the total value of the smart irrigation market was $1,404.4 million, and it will grow at a rate of about 14% to reach $4,495 million in 2030. This has a lot to do with the augmented R&D activities and the increase in the acceptance of smart irrigation systems. Furthermore, extreme climatic conditions are prevalent indifferent nations. Irrigation systems must be extremely efficient in such areas, thus powering the demand for these systems. Sensor-based controller systems will have rapid growth in the years to come. This is because of the increasing use of these systems in agriculture for saving water and boosting crop productivity. These can examine and control precise data from several sensors like the ones to sense temperature, moisture of the soil, precipitation, and humidity. Also, these sorts of systems are extensively preferred, as they are not dependent on weather station data or weather predictions. Incessant progresses in communication technologies let farmer

In 2021, size of the AI-based medical imaging market was around $1,093 million and will reach above $11,921 million by 2030, propelling at a mammoth CAGR of above 30% in the years to come. The main factors pushing the industry are the increasing occurrence of chronic illnesses, snowballing requirements for medical services for the elderly population, and increasing R&D expenditure in the healthcare industry. Digitization and new technical expansions in the healthcare industry play a major role in increasing the sales of AI-based medical imaging equipment. The most prominent progression in the industry is AI-based technologies, like medical imaging, used for early recognition of ailments, better diagnosis, and patient-specific treatments. AI has numerous uses in medical imaging, as a result of its accurateness and sensitivity in finding abnormalities. CT had the largest demand of 30%, in 2021, and will continue to lead also in the years to come. This is because of the rising

The revenue generated by the encoder market was USD 2,435 million in 2022, and it will power at a rate of 9.10% in the years to come, to touch USD 4,888 million by 2030. This has a lot to do with the increasing requirement for automotive products and the growing need for automation across industries. Furthermore, the demand for AI and ML-based systems is quickly increasing, which, in line, is driving the growth of the industry. Rotary encoders had a considerable revenue share, of around 58%, in the recent past. This is because of the increasing automation across the healthcare, aerospace, electronics, packaging, and automotive sectors for measuring the position, angular speed, and rotation of moving parts in numerous pieces of equipment. These systems have numerous advantages, such as accuracy, reliability, high resolution, digital and fused optical technology, and low-cost feedback and digital technology, and integrated electronics. The automotive category had a significant s

The total revenue generated by the sports technology market was USD 13,545 million in 2022, and it will power at a CAGR of 18.60% in the years to come, to reach USD 53,020 million by 2030, as stated by a report of P&S Intelligence. The sports analytics category will grow the fastest at the rate of 19.6%, in the years to come. This can be due to the fact that sports technology can be utilized in performance analysis of the team, player analysis, health assessment, data interpretation, hospitality management, sales and marketing management, and others. For example, Wimbledon and IBM, in June 2022, revealed a digital platform for player understandings. The basketball category will grow the fastest at a rate of 19.1% in the near future. The growth is mainly because of the rapid acceptance of technology including mobile apps, heart rate monitoring sensors, data analytics, and wearable devices in this game for performance enhancement of the players. Furthermore, the rugby ca

The servo motors and drives market will power at a rate of 5.4% in the years to come, to touch USD 18,383 million by 2030, as stated by a market research institution, P&S Intelligence. The rotary systems will grow at the highest rate in the near future. This is because of the factors for instance removing the necessity for pulleys, gearboxes, and further mechanical apparatus through the expansion of direct-drive rotary systems. This has brought about the minimalized energy consumption, quicker settling times, and improved control of the load nonstop associated with servo motors. High rotation density, high resolution, and precision feedback are the further advantages delivered by rotary systems. They are likewise beneficial for numerous uses in industries, for example packaging, healthcare, food processing, printing, transportation, textile, and automotive. The low voltage category will grow significantly in the years to come, credited to the increasing usage of low-voltag

The global web conferencing market attained a valuation of $2,109.3 million in 2019 and is predicted to generate a revenue of $78,547.9 million by 2030. According to the forecast of P&S Intelligence, a market research company based in India, the market will progress at a CAGR of 39.3% between 2020 and 2030. The factors fueling the progress of the market are the surging utilization of web conferencing solutions these days because of the ongoing COVID-19 pandemic. Because of the pandemic, the governments of many countries have imposed strict partial or full nationwide lockdowns for restricting the movement of people and goods and mitigating the spread of the infection. This is making many organizations adopt web conferencing solutions for maintaining their employee engagement levels, conducting business meetings, and enabling team collaborations during the work-from-home period. This is allowing companies to increase the employee productivity and efficiency and attain high revenu

A number of factors, such as the rise in the deployment of electric vehicles (EVs), technological advancements, surge in the concerns related to air pollution, and development of the EV charging infrastructure, are expected to drive the electric vehicle charging cables market in the foreseeable period (2021–2030). According to P&S Intelligence, the market generated revenue of around $250 million in 2020, which is expected to witness significant growth in the coming years. In conventional charging stations, cables are the medium through which the electric current enters a vehicle’s charging system. Read More: https://www.psmarketresearch.com/market-analysis/electric-vehicle-charging-cables-market Moreover, key industry players, such as Leoni AG, Chengdu Khons Technology Co. Ltd., Coroplast Group, Aptiv plc, Dyden Corporation, General Cable Technologies Corporation, AMPLY Power, and TE Connectivity Ltd., have been involving in collaborations and partnerships to improve their po

The fastest-growing energy use in buildings worldwide and Southeast Asia is for space cooling. Over the past few decades, there has been significant growth in the region's use of electricity for cooling buildings. With 6.4% CAGR between 2021 and 2030, the Southeast Asia HVAC market is expected to produce $32,824.1 million revenue by 2030, largely as a result of expanding infrastructure and the expanding hospitality sector. The expansion of commercial buildings and the region's energy-saving measures, which force people to swap out their old HVAC equipment for more energy-efficient models, is what is driving the Southeast Asian HVAC industry. For example, The PELP has released energy efficiency standards for air conditioners, refrigerators, televisions, and lights in the Philippines. These recommendations support the use of the EEPR system and particular mechanical, electrical, and plumbing (MEP) requirements for AC goods. The Philippines' air conditioner market will grow even mor

The total value of the product lifecycle management market was USD 31,655 million in 2022, and it will rise at a growth rate of above 8.20% shortly, reaching USD 59,466 million by 2030, according to P&S Intelligence. Read More: https://www.psmarketresearch.com/market-analysis/product-lifecycle-management-market This growth can be credited to the increasing requirement for the smart management of items at manufacturing locations, technological improvements in additive building, and increased reality and growing need for item design and innovation channels. Furthermore, the increasing demand for scalability and smart IT applications in different sectors, such as automotive and electronics, is likely to propel lifecycle management-based solutions and service demand. The addition of ML with item lifecycle management software provides the operator with a more-insightful understanding of the information composed over years on a specific item. Artificial intelligence furth

The total value of the near-eye display market was USD 1,709 million in 2022, and it will rise at a growth rate of above 24.40% shortly, reaching USD 9,799 million by 2030, according to P&S Intelligence. This can be credited to the swift progresses in display technologies including LCD, LED, and OLED; the growing requirement for high-quality displays in an extensive variety of applications; and the rising acceptance of AR and VR devices, which need high-quality displays to offer an immersive experience. Read More: https://www.psmarketresearch.com/market-analysis/near-eye-display-market In 2022, Thin-film transistor liquid crystal display technology held the largest market share. This is mainly because of the fact that it is frequently utilized in HMDs and wearable displays like see-through and immersive glasses, because of its capability to offer high-resolution displays that can display detailed pictures and videos with outstanding color correctness. Also, the technolo

A diesel engine or electric motor powers an air compressor, a mechanical device that converts energy from one form to another and stores it in the pressured air. Powered machine tools, ventilation systems, HVAC control systems, and other industrial and non-industrial uses for powered air employ pressurized air. Air compressors use the kinetic energy stored in the compressed air to deliver the required power to various machinery, tools, and equipment in different industrial verticals. Additionally, the continuous compression supports the transportation of gases and liquids, the production of goods connected to petrochemistry, and cooling applications. Read More: https://www.psmarketresearch.com/market-analysis/air-compressor-market-report It has various uses, including cleaning, vacuum packing, spray painting, and other things. Additionally, a wide range of end customers employs air compressors for dehydration, air blowing, cleaning, powering tools, and medical equipment. Ra

The MVNO market has garnered USD 73.6 billion in 2022, and it is projected to rise at the rate of 8.7% from 2023 to 2030, to capture $155.2 billion by 2030, As per the report by market research company, P&S Intelligence. This growth can be credited to the increasing usage of smartphones and the need for reduced cost mobile costs. Major growth in the demand for triple-play services in emerging economies; and a surge in the need for high-speed internet connectivity. Furthermore, the increasing requirement for better video, voice, and mobile data and the growing usage of the internet are major key growth drivers for mobile virtual network operators, who provide such solutions at a lesser cost in comparison to mobile network operators. The prepaid category is projected to show faster growth in the years to come. This is mainly due to customers opting for prepaid plans, as these offer them the liberty to modify their plans as per their requirements, particularly those that use

The healthcare technology management market was USD 6.92 billion in 2022, and it will propel at a rate of 15.10% to reach USD 21.32 billion by 2030, as per a report by P&S Intelligence. This can be credited to the growing adoption of human-computer interaction and cloud technology, the rising demand for mHealth and telehealth solutions, and the increasing number of chronic diseases. The introduction of big data solutions in healthcare sectors is one of the key trends in the industry. As a result of rapid digitalization, advanced technology is transforming diagnostic techniques, surgical processes, patient monitoring, storage and collection of medical data, consultations, and treatment planning. Additionally, the amount of medical and health data is expected to grow significantly in the near future. Europe had a share of approximately 30%, in the global industry, in 2022. This is credited to the massive investments in research and development, the presence of global pla