Market Overview: The global ceiling tiles market was worth USD 790 billion in 2020 and is estimated to reach USD 10.88 billion by 2025 at a compound annual growth rate (CAGR) of around 6.2% during the forecast period. The global ceiling tiles market is estimated to progress at a fast pace owing to the rising call from the construction segment. Roof tiles play a significant role in enhancing the acoustics of a building and enhancing its thermal insulation. These are secondary ceilings attached to an existing roof. Expansion in the construction segment and rising call for recyclables will drive the development of the ceiling tiles market during the projection period.
Market Overview: The geofencing market was estimated at US$ 500 million in 2019 and is expected to reach US$ 1,825.3 million by 2024, representing an average annual growth of 27.5%. Big companies like Apple, Thumbvista, Pulsar and Bluedot Innovation are investing in the geofencing market as the demand is increasing in several vertical industries.
Market Overview: The recent trends in the education system are replacing conventional classroom teachings. Educational institutes are adopting advanced teaching methods and tools that are whiteboards, projectors and smart notebooks. Implementation of such technologies in the classroom enhances understanding of students and give them a more transparent view about what to learn. Easy to access hardware, innovative software and education material providers are making learning easy for students. The global market was worth USD 240 billion in 2019 and is estimated to escalate to USD 560 billion by 2024, with a CAGR of 15.2% in the review period.
Market Overview: Marine engines are machines which supply power to various vessels, generators, auxiliary equipment, and propulsion systems that are pivotal for maritime activities and vehicles. Various kinds of marine engines are available which serve purposes of different marine vehicles and systems. The global marine engines market was close to USD 12.05 billion by revenue, at the end of 2018 and is estimated to rise at a CAGR of 3.94% to reach USD 14.62 billion over the review period.
Market Overview: The global energy-efficient windows market is a quickly expanding market that is majorly driven by the thermal isolation it gives. The global market was worth USD 11.95 billion by revenue, at the end of 2018 and is estimated to rise at a CAGR of 8.67% to reach around USD 18.11 billion by the end of 2024.
Market overview: Route optimization is route-scheduling software, which advances operational efficiency through great route scheduling. Route optimization is the procedure of selecting the optimal route considering the aspects such as driver’s and customer’s time constraints, route availability to ensure low transportation cost and vehicle issues. Route optimization software keeps customer service objectives, and assists deliver quality service within the timeframe. It aids companies to reduce operating prices, fuel usage, stop duration, total route distances, and average miles.
Market overview: Light Detection and Ranging (LiDAR) systems have done the detection, examination, and mapping of objects simpler than conventional methods. Use of laser light offers precise and accurate data points in a short time. LiDAR systems are used over traditional surveying procedures due to their ability to give highly exact data and 3D scanning of images in a shorter time.
Market overview: IoT is one kind of network of internet-connected objects that collect and exchange data using the embedded sensors. Today, IoT accomplished to penetrate day-to-day life, and companies providing IoT-based solutions have started investing a lot on its security phase.
Market overview The image sensor is a kind of electronic photosensitive device that is used to transform an optical image into an electric signal. It contains millions of photodiodes and performs as an image receiver in digital imaging equipment. It is extensively used in camera modules, digital cameras, and other imaging devices. The global Image Sensor Market is expected to grow from USD 12.78 Billion in 2016 to around USD 24.80 Billion by 2023, with a CAGR of 9.75% over the forecast period.
Market overview: Financial analytics allows end-users to concentrate on financial functions around organizations. It also offers better aspects that drive revenues, costs, and shareholder values. Furthermore, it helps them to accomplish a planned and ad-hoc analysis of financial data to find out effective solutions for business problems. The global financial analytics market expected to rise from USD 6.9 Billion in 2018 to USD 11.4 Billion by 2024, at a CAGR of 10.7%.