Market Research Insights

  San Francisco, 23 June 2021:   The Report  Internet Of Things In Retail Market  Size, Share & Trends Analysis Report By Solution, By Hardware (Beacons, RFID Tags, Sensors, Wearables), By Service, By Technology, And Segment Forecasts, 2021 - 2028 The global internet of things in retail market size is expected to reach USD 182.04 billion by 2028, registering a CAGR of 26.0% over the forecast period, according to a new report by Grand View Research, Inc. The growth can be attributed to the adoption of connected technologies by retailers against e-commerce sites. The reducing cost of hardware and IoT sensors, demand for a seamless shopping experience, and growing acceptance of smart payment are the factors expected to further fuel the growth of the internet of things (IoT) in retail market. The tectonic shift in optimizing retail operations is triggering IoT adoption. Retailers are experimenting with IoT, which allows them to determine the purchase history and customer’s profile by s

  San Francisco, 23 June 2021:   The Report  Smart Parking Systems Market  Size, Share & Trends Analysis Report By Hardware, By Software, By Service (Consulting Service, Engineering Service), By Type, By Application, By Region, And Segment Forecasts, 2021 - 2028 The global smart parking systems market size is expected to reach USD 19.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 21.5% from 2021 to 2028. This growth is attributed to increasing number of automobiles on roads and the subsequent rise in traffic congestions. However, the COVID-19 pandemic has considerably slowed down the market due to the varying levels of lockdowns implemented across several countries globally. The impact of this slowdown is expected to be experienced in the short term. As the world re-opens, Smart Parking Systems (SPSs) are expected to regain demand due to the potential rise in the use of private transportation and its impact on

  San Francisco, 23 June 2021:   The Report  Vacuum Cleaner Market  Size, Share & Trends Analysis Report By Product (Canister, Central, Drum, Robotic, Upright, Wet & Dry), By Distribution Channel, By Application, By Region, And Segment Forecasts, 2021 - 2028 The global vacuum cleaner market size is expected to reach USD 20.66 billion by 2028, registering a CAGR of 9.6% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing per capita income in developing countries is one of the key factors leading to the increased consumer demand for advanced vacuum cleaners. Moreover, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of safety in private and public spaces. This is estimated to drive market growth over the next few years. The COVID-19 lockdowns and related travel restrictions have restricted access to housekeeping services. The increased struggle to manage all household chores while maintaining

  San Francisco, 23 June 2021:   The Report  Computer Numerical Control Machines Market  Size, Share & Trends Analysis Report By Type (Milling, Welding, Lathe), By End Use (Automotive, Industrial), By Region (APAC, North America), And Segment Forecasts, 2021 - 2028 The global computer numerical control machines market size is expected to reach USD 126.27 billion by 2028, registering a CAGR of 7.5% from 2021 to 2028, according to a new study by Grand View Research, Inc. The rising need for minimizing operating costs and errors in machine components and increasing efficiency in manpower deployment has led to the increased demand for automation and CNC machines. Governments across the globe have imposed restrictions on transportation owing to the COVID-19 pandemic, which has resulted in port closures. Factors, such as reduced availability of air transportation facilities and stringent border controls, are delaying the procurement of raw materials and components. The resulting delay in

  San Francisco, 23 June 2021:   The Report  Smart TV Market  Size, Share & Trends Analysis Report By Resolution (4K UHD TV, HDTV, Full HD TV, 8K TV), By Screen Size, By Screen Type (Flat, Curved), By Region, And Segment Forecasts, 2021 - 2028 The global smart TV market demand is expected to reach 1.18 billion units by 2028, registering a CAGR of 20.8% from 2021 to 2028, according to a new report by Grand View Research, Inc. Growing consumer inclination toward QLED and OLED displays and the regular launch of 4K and 8K resolution television sets by new and established vendors are the factors expected to favor the global demand for smart TVs over the forecast timeframe. Smart TVs are integrated with internet connectivity features and offer a range of advanced computing and connectivity options that enable users to search, browse, download, and share content online. Industry players are focusing on further enhancing the viewing experience, which is poised to help the market gain immen

  San Francisco, 22 June 2021:   The Report  Facial Recognition Market  Size, Share & Trends Analysis Report By Technology (2D, 3D, Facial Analytics), By Application (Access Control, Security & Surveillance), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global facial recognition market size is expected to reach USD 12.11 billion by 2028 according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 15.4% from 2021 to 2028. Facial recognition is a contactless biometric solution that is a critical factor contributing the market growth. Contactless solutions enable easy deployment in consumer devices. It is also effortless and convenient to use, further contributing to rising adoption. Apart from individual identities, the technology can gather demographic data on crowds; thus, increasing its usability. Such factors are anticipated to drive market growth. Facial recognition is highly used for security and law enforcement ap

  San Francisco, 22 June 2021:   The Report  Third-party Logistics Market  Size, Share & Trends Analysis Report By Service (ITM, DTM, VALs), By Transport (Roadways, Airways), By End Use (Manufacturing, Retail), And Segment Forecasts, 2021 - 2028 The global third-party logistics market size is expected to reach USD 1,691.86 billion by 2028, registering a CAGR of 8.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The advent of new technologies is changing the 3PL industry dynamics. The advanced data collection capabilities, warehouse automation, and digitalization of the entire supply chain are enabling companies to adopt a consistent innovative, customer-centric, and agile approach. As a result, 3PL companies are providing technologically driven services by investing in block-chain solutions, mobile technologies, and 3PL software to gain a competitive advantage in a fiercely competitive marketplace. The Internet of Things (IoT) and cloud-based logistics m