Market Research Blogs In Technology

An ‘Intelligent Transportation System’ improves the performance of a transportation network, enables multimodal transport, optimizes fuel consumption and helps reducing risk of road accidents. It achieves this by integrating the transportation network with ICT (Information and Communications Technology). The system can also be extended for rail, water and air transport and navigation systems. Real-time data is collected through sensors, video surveillance devices, navigation systems and vehicle probes and it is further analyzed and communicated to the user via internet, dynamic sign boards, mobile telephony, etc. 

IVAs can answer the queries of users regarding internet access. They also put on reminders for important events and help access your phone’s vital files with voice commands.

How many times must it have happened that you have run out of cash, standing at the cast counter of some fancy restaurant, and are thinking of how to pay the bill. You reach into your pocket, pull out your cell phone, and tap a few buttons, and that’s it! You have made your payment! Well, that’s a problem solved, but how has it come to be this way? All this has been made possible through the use of mobile wallets.

An oil spill is a byproduct of human activity in which petroleum hydrocarbon is released into the environment, which results in pollution. Oil spill can occur onshore as well as offshore. The oil spill is mainly due to the release of crude oil during exploration & production or transportation from pipelines, tankers, drilling rigs & wells, offshore platforms as well as a spill of other petroleum products, for instance, diesel & gasoline.

Power electronics is the application of solid-state electronics to the conversion and control of electric power. Starting with the first high power electronic devices in 1902 with mercury-arc valves, the present day has seen much improvements in their design and structure. Today, the conversions are performed using semiconductor switching devices like diodes, thyristors, as well as power transistors like IGBT. These devices possess optimum forwarding, reverse backing, simplified circuitry, and compact designing capabilities.

The global RFID market is stimulated by the growing need for inventory control. These products reduce process cycle time and increase distribution efficiency. Products such as tags, readers, and scanning devices, are used in different application areas such as retail, healthcare, financial services, government, industrial, and transport.

The smart cards market is mainly driven by the growing trend of adoption of IoT devices, such as mobile phones and tablets, that contribute toward digital services including e-banking and mobile payment facilities. The usage of these products is instrumental in reducing handling and operational costs as well as providing efficient storage of user data.

We all may have heard this phrase; however, due to the wonders of science (will it ever stop mystifying and mesmerizing us?), there is a possibility to turn this phrase into a reality, probably some years down the line. You may be familiar with the movie ‘Back to the Future’ part 2, which showed what a smart home would look like in 2015, featuring scene screen windows tuned to the scenery channel, as well as voice-controlled fruit baskets. Or we can talk about the beloved cartoon ‘The Jetsons’, which showed a very futuristic scenario to the audiences in the 70s and 90s.

The proliferation of portable smart devices and the increasing social media penetration have significantly resulted in the generation of large chunks of data over the recent past and the trend is expected to continue in the near future. 

Geraldine Ferraro once said, that, “It was not so very long ago that people considered that semi-conductors were part-time orchestra leaders & microchips were very, very small snack foods”. It highlights the ingrained ignorance in the common man towards technology and how much we lose due to it. Surely, we’ve come a long way from that, however, it remains to be seen, how much we can leap forward by leveraging today’s tech-savvy world.

You must all be knowing, or at least have heard about the technology that has caught global attention, for quite some time too, and has totally serenaded the telecom giants in the U.S. and other major operators in various countries worldwide. The buzz around this word has got everyone in the technology sector excited beyond limits, to the extent that smartphone manufacturers have already jumped on to this bandwagon, through launch of related products.

Big data consists of ungrouped data; showcasing patterns, trends, & associations of consumers. This large ‘data’ volume, when successfully compiled, is valuable to a business‘s day-to-day operations.

3D cameras in smartphones are promising. They offer superior picture & video quality to consumers. Presently, smart phones are incorporated with 3D sensors. These sensors feel movements and facilitate smartphone cameras to catch accurate ‘surrounding & object’ dimensions.

In a recent survey, about two-thirds of all enterprises claimed most of their purchasing, marketing, and supply chain functions to be cloud-based. Over half of them predicted cloud computing to boost their top-line revenues within three years of adoption. In fact, most companies are foreseen to depend on cloud technology in the coming years.

There has been a steep rise in thefts, robberies, internet hackings, and security breaches across the globe. Biometric and facial recognition technologies were developed to combat the same & ease the burden of companies.

Strapping is nothing but the process of applying a strap to a product to stabilize, palletize and fasten it. It is widely used in the packaging industry to assure the customers with good packaging. Selection of machine is very crucial since if the goods are not strapped properly, then it can harm the packaged product while shipping. It is required in the packaging industry in order to maintain the security and closure of the shipped goods.

Over the top (OTT) devices and services have changed the way we consume content. So much so, that OTT streaming devices are now known to be the fourth most common in-home access point to the Internet, after desktops, smartphones, and tablets. Major media brands now have the benefit of using OTT services to target viewers at a person-level, going beyond household-level. 

For the longest time, artificial intelligence (AI) was aconcept that existed merely in novels and movies and this fascinated users to no end. As the technology made a more mainstream entrance, the industrial sector was one of the first to benefit from its many features, including mitigating workload of laborers and lowering costs. Even then, the extent of AI’s impact had not been fully gauged.

The global automotive electronics industry is projected to witness a significant growth owing to technological advancements and increasing concern about safety and comfort. Emergency call systems, alcohol ignition interlocks, and accident data recorder systems are an example of technologies, which are expected to boost the vehicle growth. Moreover, an increase in standard of living and increase in disposable incomes is driving the demand for these systems. Increasing customer demand for multimedia enabled vehicles, safer and fuel-efficient vehicles enabling manufacturers to make their cars smart than ever before. 

The escalating bearings demand across railway & aerospace applications offer significant avenues for market growth. The rise in the number of commuters using public transportation is expected to be a key market driver. Further, the availability of improved ways to assist local as well as worldwide transportation systems also provide opportunities for market growth.