How are 5G networks enabling a seamless connection of assets and resources? What opportunities are powered by machine learning and deep learning algorithms? Which are the key end-use industries? How are new business models accelerating investments? Who are the major competitors?
Which developments are spurring transformational growth? What are the recent initiatives by leading providers? Which key factors enhance operational margins? What is the role of IIoT in redefining this industry? How are disruptive technologies modernizing industrial plants?
How will digital transformations of the automotive and aerospace industries drive growth in this landscape? How is the emphasis on accuracy, quality, and reliability boosting adoption in this sector? Which novel applications are fueling the evolution of smart manufacturing? Read on to learn more.
Global data center investments grew during the pandemic and show no signs of slowing over the coming years. Several key factors will drive the market during this period, including increasing demand from hyperscale data centers, a significant increase in data creation and consumption, high volumes of data traffic fueled by emerging technologies such as 5G, edge, IoT, and AI/ML, ever-increasing enterprise outsourcing, increasing adoption of hybrid cloud and, of course, a high degree of data center activity in emerging economies.
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What are the recent R&D activities revolutionizing this industry?
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How are robotics paving the way for innovative business models?
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How are advanced technologies facilitating predictive maintenance?
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What are the new investments powered by industry collaborations?
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What are the key digital transformation initiatives driving future growth?
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What innovations are fueling the evolution of conductivity devices?
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Analyze how nano-robots help in the exploration of human cell processes
Read more Request InfoThe global market for dimensional metrology software is growing as organizations across sectors expedite automation to align with their digitalization agendas. Frost & Sullivan’s recent analysis, Global Dimensional Metrology Software Growth Opportunities, finds quality inspection and reverse engineering of components across applications to be key enablers for metrology equipment and software. Therefore, the global dimensional software market is expected to reach $850.4 million by 2026 from $613.7 million in 2021, an uptick at a compound annual growth rate (CAGR) of 6.7%.
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Frost & Sullivan’s analysis of the Indian mobile phone industry finds that rising internet penetration and falling smartphone prices fuel the sector’s growth. As smartphone demand wanes worldwide, the Indian mobile phone market remains underpenetrated and is growing. This presents substantial opportunities for every mobile value chain participant. The total mobile phone market (feature phones and smartphones) is forecast to generate INR 2.4 trillion in revenue by FY26 from INR 1.4 trillion in FY22, recording a 14.5% compound annual growth rate (CAGR). In terms of volume, the Indian mobile phone market consisted of 255 million units in FY22, which is likely to grow at a CAGR of 9.7% to reach 370 million units by FY26.
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Frost & Sullivan recently researched the North American manufacturing Industry 4.0 and digital transformation analytics market and, based on its findings, recognizes Northwest Analytics (NWA) with the 2022 North American Manufacturing Industry 4.0 and Digital Transformation Analytics Technology Innovation Leadership Award. The company provides global manufacturers with industrial analytics-based knowledge solutions, spanning nearly every industrial vertical.
Organizations in the industrial technologies market are readjusting their supply chains to meet growing demand, presenting lucrative opportunities for market participants. While organizations will continue to emphasize technology, companies that adopt innovative business models and adapt to changing consumer preferences are expected to flourish. Frost & Sullivan forecasts that the global industrial technologies market is estimated to hit revenues of $200 billion by 2025.
Frost & Sullivan’s recent analysis, Global Machine Vision Growth Opportunities, finds that rising demand for automation across industries to enhance operations and productivity is driving the global machine vision market. The industry will likely garner $14.02 billion in revenue by 2025 from $10.28 billion in 2020, an uptick at a compound annual growth rate of 6.4%. However, with supply chain disruptions due to the impact of COVID-19, the sector will cross 2019 levels by 2022, and the positive trends witnessed across industries—pharmaceuticals, food and beverage processing and packaging, electronics and semiconductors, and automotive—will be crucial to prompt the market expansion.
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