technology

Market Highlights: With increasing data traffic on cloud, the industrial applications are in search of an alternative to cloud data storage to increase data security, and to reduce any kind of bottleneck in any kind of transaction. Edge computing provides physical location for computing closer to the data source. Edge computing can be deployed by two methods namely on-premise and on-cloud. On-premise deployment method is dominating the market with more than 40% of market share by deployment Whereas, on-cloud deployment method is expected to grow with fastest CAGR during forecast period 2017-2023 The global Edge Computing Market is expected to grow at USD 19.4 billion by the end of year 2023 with 17.9% CAGR during forecast period 2017-2023. The success of cloud services such as SaaS, PaaS, and IaaS and the proliferation of IoT have pushed the new computing paradigm towards edge computing. Edge computing refers to the computing infrastructure which exist closer to the data s...

Market Scenario: The changing consumer demand for industrial products and the growing technological advancement in measurement techniques have developed the need for more precise and accurate industrial products. To provide products with assured quality and longer durability, automotive, aerospace, packaging, electronics and mechanical engineering industries are implementing 3D Metrology solutions. 3D Metrology is an emerging measurement solution among various industries, as it enables manufacturers to monitor the quality and efficiency of the components required to build the desired industrial products. These measuring systems are used for a wide range of measurement tasks, namely analyzing the surface, shape and dimension of the machine parts and tools at every stage of the manufacturing process. The major growth driver of 3D Metrology Market includes growing quality requirement in industrial product, and increasing use of technically advanced devices for measurement, amo...

Market Highlights: Internet of Things plays a vital role in various fields apart from communication networks, such as sanitation, healthcare, transport and energy use. Internet of things refers to a technology that connects all devices to a network. Internet ready and connective devices are achieved by IoT technology. This enables the flow of data creating a network of objects. Internet of Things leads to advanced use of internet which would result in developing device to device relationship. Internet of Things when applied to smart cities it adds more technology into everyone’s life and also enables a new and fully integrated approach to the designing and developing of the smart cities. There are tremendous ways in which internet of things help in the development of smart cities. Higher the adoption of internet of things; easier would be the implementation of smart city solutions. The Global Smart City Market is growing rapidly over 27% of CAGR and is expected to reach at...