Market Trends

Smart Transportation Market Overview Smart Transportation Market forecast  to reach $292.5 billion  by 2026,  at a CAGR of 16.5%  during 2021-2026. Increase in urban population, various government regulations, growing smart city initiatives assist in developing connected  vehicle technologies  such as Vehicle-to-Vehicle (V2V) and Vehicle-to-Grid infrastructure (V2I). For instance, Indian government provided funding of $7.6 billion for the development of smart infrastructure and management services under the smart city initiative program over a five year period from 2016 to 2021. Such investments and initiatives are likely to improve the smart transportation market. Continuously growing urban population, rising number of road services, incidents and rapid vehicle modernization are some of the key issues that drive the development of the global market for smart transportation solutions. Growing implementation of road safety technologies since the last decade are expected to drive the ma

Public Relations Market  Overview Public Relations Market is forecast to reach $130.5 billion by 2025, at a CAGR of 10.50% during 2020-2025. Increased demand across several organizations which  act as an effective reputation management tool for brands, politicians, public figures, NGOs, hospitals to leverage their strengths in shaping public opinion and to position themselves better among stakeholders are the major factors which propel the growth of the market. In addition to this Public relations (PR) firms are rapidly involved in the digital media in programmatic PR. Programmatic PR refers to the automating of ads. In programmatic PR, the scope is also greater. For Instance, in 2018, Accenture Interactive will integrate the scheduling, procurement and management of programmatic advertising campaigns into the ad-purchasing environment. It will also allow companies to develop a strategy to combat programmatic purchasing. These technological advances will help Public Relations to furth

The water crisis has been a threat to the world since quite a few decades now. According to WHO and UNICEF, 2.1 billion people lack safe potable water at home, and 4.5 billion people lack safely managed sanitation .  In order to alleviate this poignant situation, application of water meter has become imperative in the residential sector to keep track of the quality of water and its usage. Now, this is largely stroking the water meter market size, which already had swelled up to approximately $4 billion to $4.5 billion in 2018 as per the market outlook report by IndustryARC’s analyst. Furthermore, due to the continuously growing need of water metering, the water meter market growth is estimated to be an astonishing 10% to 15% in terms of CAGR during the forecast period of 2019 to 2025.  Water scarcity and drought had become a ubiquitous peril in many parts of Europe during the last decade. Moreover, according to the European Commission, the problem of water was a concert to as much as

Radar Market Overview: According to a research done by Ploughshares Fund, 13,850 nuclear weapons are possessed by different countries, with the U.S. and Russia accounting for 92% of the total number. [1]  This increasing number of nuclear weapons has given rise to high security concerns. Owing to the potential threats, during the Second World War, the US navy had developed a device named RADAR, which is an acronym for Radio Detection And Ranging. Radar, an electronic detection system that uses radio waves to sense and detect objects such as  weapons , missiles, aircraft, ships, and vehicles within a specific range. It comprises antennas, emitters, transmitters, and receivers. Apart from military applications, there are several other capabilities and applications of radar in automotive, weather forecasting, air traffic control systems ocean surveillance, and other applications. The global radar market generated $24.37 billion in revenue in 2018, and the revenue is projected to grow at