Automotive Digital Cockpit Market Value Predicted To Reach US$ 40 5 Billion By 2028 Covering COVID-19 Impact: Acumen Research and Consulting einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
LOS ANGELES, July 15, 2021 (GLOBE NEWSWIRE) The
Global 5G In Defense Market is expected to grow at a CAGR of around 58.2% from 2020 to 2027 and expected to reach the market value of around US$ 1,500 Mn by 2027.
North America takes a forefront lead; Asia Pacific to register fastest growing CAGR for the 5G in defense market
North America held the largest share in the 5G in defense market owing to high investment in 5G defense technologies by US Federal government. Defense budget in the US is highest in the world to maintain the supremacy in the world. Moreover, US is the spearhead in development of 5G technologies and domicile of number of the companies in the region, resulting in the dominating share in the market.
The quintessential factors of 5G technology services for the defense sector
Incorporation of 5G technologies holds the promise of high-speed data connectivity; vastly improved intelligence, surveillance, and reconnaissance (ISR), fast and secure command control operations, efficient logistical support, unmanned vehicles, and integration of wide virtual reality and augmented reality focusing on simulation, training, and mission rehearsal purposes. According to a report published in May 2019, the implementation of 5G technology improves high-speed connectivity that transforms the entire military operation. In the near future, 5G networks will store massive amounts of data in order to connect distant sensors and weapons located in densely populated areas, as well as resilient battle field networks.
Smart Sensor Market Value Projected To Reach US$ 88.9 Billion By 2027 Covering COVID-19 Impact: Acumen Research and Consulting
Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Smart Sensor Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020-2027” Acumen Research and Consulting
LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) The
Global Smart Sensor Market is expected to grow at a CAGR of around 19.5% from 2020 to 2027 and reach the market value of over US$ 88.9 Bn by 2027.
North America and Western Europe continue to hold a dominant position in the market, accounting for a sizable share of the smart sensor market. The trend toward miniaturization and flexibility is making these products effective in consumer electronics and wearable devices, driving market revenue in Europe. The Asia Pacific market, on the other hand, is expected to have the fastest growing CAGR in the sma
Underwater Drone Market is expected to grow at a CAGR of around 11.8% from 2021 to 2028 and reach the market value of over US$ 7500.2 Mn by 2028.
Europe will maintain a steady growth in the forecast period; North America holds the dominating share; Asia Pacific to record fastest growing CAGR
Europe is the second-largest market for underwater drones after the United States. This is because the navy uses underwater drones extensively in the oil and gas industry. This is one of the most important factors driving market expansion. Underwater drones have received a lot of attention as offshore oil and gas production is a significant indigenous energy source of hydrocarbons in Europe.