technology

Next-Generation Memory Market Scenario: Next generation memory can be defined as a common label applied to a major upgrade of hardware or a software product. The next generation memory market has grown over the last few years because of the increasing demand for faster, efficient and cost effective memory solutions. These memory solutions are used across various verticals. The key drivers contributing to the growth of the Next-Generation Memory Market are power efficiency, intrinsic benefit with non-volatile memories, high growth in the wearable electronics industry, technological advancements for storage, rise in the usage of next generation memory in smart phones, increasing adoption of MRAM & PCM memory and enterprise storage. However, high cost, low stability during environmental conditions, intense competition and issues related to storage density are the factors hindering the growth of the next-generation memory market. Geographically, North-America accounted fo...

Building Information Modelling Market Scenario: Building Information Modelling or BIM is a process which is used for planning, designing, construction, operation and maintenance of physical infrastructure. In other words BIM is a software which offers several features to their end users such as individuals, businesses and government agencies for physical construction of any assets. In past few years, the adoption of BIM in the construction industry has risen tremendously. Growing construction industry and high demand for physical infrastructure such as building, roads, dams and other needs to be planned accordingly considering all the future aspects, and vital feature offering by BIM allows the organizations to create a virtual model before making any investment. Factors such as growing economy, technological advancement, growing 3D technology are some of the major factors which is driving the market of BIM whereas the cost associated with training and software are some ...