Artificial intelligence and advanced machine learning market is expected to grow at a CAGR of 45.12% by 2027, owing to increasing overall global investment in artificial intelligence technology, says Absolute Markets Insights.

Recent years have seen significant advances in the capabilities of artificial intelligence and advanced machine learning, as a result of technological developments in the field, increased availability of data and advanced computing power. Due to these developments, systems which only a few years ago struggled…

Digital transformation market is expected to grow at a CAGR of more than 50% over the forecast years (2019 – 2027), owing to the changing customer expectations and rapid technological advancements, says Absolute Markets Insights.

In the light of rapid technological advancements and the changing customer expectations, digital transformation business practices are expanding at a faster pace than ever. In the digital era, where banks are competing with non-financial technology giants and grocery stores are competing with e-tailers like Amazon,…

Global Machine-to-Machine (M2M) Connections Market is expected to grow at a CAGR of 6.5% by 2027, with a significant demand fueled by increasing M2M connections among various industry verticals: says Absolute Markets Insights

The standardization of Internet Protocol version 6 (IPv6) has created a surge in the demand of machine-to-machine (M2M) connections market. The machine-to-machine (M2M) connections market is expected to surpass US$29,118.4 million by 2027, growing at a CAGR of 6.5%. Industry leaders are largely investing owing…

Gesture Recognition Market is expected to grow at a CAGR of 18% from 2019 to 2027 with a significant rise by application in automobiles, says Absolute Markets Insights.

Gesture recognition technology finds notable adoption in consumer goods, automotive, and gaming industry. Gaming industry is witnessing adoption of this technology in the motion based gaming, which are used in different verticals such as education, defence, and others. With the launching of gesture recognition integrated…

Global Blockchain Identity Management Market is set to grow at a CAGR of around 55% by 2027, owing to increasing demand for decentralized identity management infrastructure: says Absolute Markets Insights

Increasing usage of digital media for the transfer of data pertaining to user identity is observed in recent years. Also, there has been a rising need for decentralized information solutions that make the data defendable against potential cyber-attacks. In 2018, the blockchain identity management market…

Rising need to curb healthcare costs is expected to aid global artificial intelligence in healthcare market at a CAGR of around 48.29% by 2027

Technologies such as artificial intelligence helps in harnessing the power of data, presenting huge opportunities to transform healthcare. This enhances the quality of life and also makes the healthcare environment more rewarding. It also helps in drug discoveries for diseases such as cancer. Breast Cancer…

Global Payment Software Market is set to grow at a CAGR of around 7.5% by 2027, fueled by rising demand for simplifying day-to-day transactional complications: says Absolute Markets Insights

Payment software are increasingly being used by organizations as they not only allow them to receive payments but also assist in managing various aspects of their payment lifecycle. The software, which are not just payment gateways, allow efficient collection and management of payments and invoices.…

Land mobile radio antennas market is expected to surpass US$ 150 million by 2027, with a significant demand in industries such as public safety, military & defense and mining, says Absolute Markets Insights.

Land mobile radio antennas experience a burgeoning significance in public safety industry, owing to rising need of effective communication in addressing growing cases of crime, natural disasters and terrorism. In addition, the growing investments in smart cities by government will further aid the market growth.…

Global Aircraft Sensor Market is set to grow at a CAGR of around 5.4% by 2027, fueled by technological advancements and rising number of commercial aircrafts: says Absolute Markets Insights

Global aircraft sensor market was valued at 1.6 billion USD in 2018 and is expected to reach 2.44 billion USD by 2027. In coming years, the market is expected to witness technological advancements and sensors that are more efficient, smarter and lighter would gain adoption.…

Powered personal mobility equipment market is expected to grow at a CAGR of 14.5% by 2027, owing to technological advancements in the field and government initiatives to support individuals with disabilities, says Absolute Markets Insights.

Powered personal mobility equipment allows persons with disabilities with solutions for accessing infrastructure via enhanced user control or attendant control. The overall powered personal mobility equipment market stood at 1.9 billion USD in the year 2018, and is expected to grow at a CAGR of…