Market Trends

The global Digital Forensic market is projected to reach at an estimated CAGR of 12 % during the forecast period of 2018-2023. The digital forensic market at present is growing on a slow pace because most of the services or the solutions are not used by the organization. But in the coming years with the increase in the cybercrime there will be a steady growth in digital forensics as well. Europe has the highest market globally followed by North America and Asia Pacific countries. What is Digital Forensic? Digital Forensic is the process of recovering, analyzing and interpreting electronic data. The goal of the process is to preserve any evidence in its most original form while carrying out a thorough investigation of collecting and validating the digital data. These can be presented as an evidence to the court or any other judicial system. The main aspect of the forensic team is to identify, preserve, recover, analyze and present. The digital forensic are further classified based on t

Automated Storage and Retrieval Systems Market Overview Automated Storage and Retrieval Systems Market Size is forecast to reach $10.7 billion by 2026, at a CAGR of 6.9% during 2021-2026. The growth of the semiconductor and electronics industry has spurred the demand for automated storage and retrieval systems globally. Furthermore, the growing demand for safety and control systems in the industrial and manufacturing sectors will significantly propel the market. The growing wages will also result in a shift to automation in order to reduce the compensation provided to the workers and this further propels the market. Moreover, the automotive industry is showing growth mainly due to the high demand for electric vehicles and demand for automobile parts globally. The growing automation in this sector is set to spur automated storage market. Report Coverage The report:  “Automated Storage and Retrieval Systems Market Report– Forecast (2021-2026)” , by IndustryARC covers an in-depth analysi

Warehouse Robotics Market Overview: According to a report released by CBRE Group Inc., which is a commercial real estate service and investment firm, warehouse landscape in the United States of America is on a rise. Average size of a warehouse has increased by 143 per cent in the last ten years with 184,693 square feet being the size of a typical warehouse. [1]  These warehouses have expanded due to rising e-commerce sector and now require a higher number of workers for smooth functioning. Since manpower is limited, e-commerce giants are now relying on robots to run the space and perform work tirelessly. This has given birth to  warehouse robotics market  which has witnessed exponential growth in the last few years. In the year 2018, the global warehouse robotics market size stood at $2.79 billion, and during the forecast period of 2019-25, the global market size is expected to grow with a compound annual growth rate (CAGR) of 10.46%. Warehouse Robotics Market Outlook: With a rising e-

Unmanned Underwater Vehicle Market Overview The Global Unmanned Underwater Vehicle (UUV) Market is estimated  to reach $6.5 billion  by 2026, growing  at a CAGR of 10.6%  from 2021 to 2026. There are various stages at which value is added in the process of manufacturing and selling of the unmanned underwater vehicles including the AUV’s (Autonomous Unmanned Vehicles) and ROV’s (Remote Operated Vehicles). The value chain of the UUV (Unmanned Underwater Vehicles) is a combination of the supply chain as well as the supporting organizations. The supply chain of the UUV contains the suppliers of the raw material, followed by the component manufacturers, product manufacturers, distributors, and finally the operation/sales of the UUV. The Research and development is  supporting body for the UUV development. Supporting organizations for the UUV value chain include educational institutions, industry associations, and others. The rising demand for AUVs and ROVs as drone ships for hydrographic s