Introduction of a new exchange technology, and offering incentives to banks drive the growth of the Armenia stock market. Whereas, immature capital markets and lack of private equity, and decline in public stock market impede the market growth. On the other hand, cooperation in the Armenia market is expected to offer new opportunities to the market.

Surge in demand for products manufactured using smart glass in the construction sector and its influence on the automobile industry coupled with rigorous government regulations to control risk-oriented incidents have boosted the growth of the global smart windows market. However, lack of awareness on long-term benefits hampers the market growth. On the contrary, lowing prices of advance materials is expected to create lucrative opportunities in the near future.

Optimum usage of vertical space & energy utilization, ease in monitoring and harvesting of crops, and limited availability of arable land for carrying out traditional agriculture drive the growth of the global vertical farming market. However, high investments and technologies in development phase restrain the market growth. On the other hand, rise in urban population and surge in prominence of organic foods create new opportunities in the industry.

High speed and low latency of the cable, high reliability and low-security threats, and features like easy installation and connectivity have boosted the growth of the global ethernet cable market. However, high installation cost and limited physical availability of devices hamper the market. On the contrary, rise in demand for power over ethernet in industries is expected to create lucrative opportunities in the near future.

Rising demand for street lighting systems, increasing need for energy-efficient lighting systems, and high penetration of LED bulbs and lightning drive the growth of the global smart lighting market. However, high installation and maintenance cost in smart lightning system hampers the market growth. On the contrary, advent of IoT and AI technology for smart lightning and developments in smart city projects in Asia-Pacific region are expected to create lucrative opportunities in the near future.

High demand for cost-effective & energy-saving LED lighting, government campaign toward LED adoption, and surge in need to replace traditional lighting have boosted the growth of the global industrial LED market. However, voltage sensitivity & temperature dependence, and high initial cost of LEDs hamper the market growth. On the contrary, surge in adoption of smart lighting technology is expected to create lucrative opportunities in the near future.

Growing trend toward the Internet of Things, robust demand for smart sensors in the automobile sector, and growth in demand for smart sensors in the development of smart cities have boosted the growth of the global smart sensor market. However, incorporating smart sensors in devices reduces the life of the devices, which hampers the market growth. On the contrary, rise in adoption of wearable devices and innovative applications in the biomedical sector are expected to create lucrative opportunities in the near future.

Convenience & flexibility, higher interest rates offered as compared to traditional banks, and favorable regulatory scenario drive the growth of the global neo and challenger bank market. However, challenges related to profitability for digital banks hinder the market growth. On the other hand, rise in penetration of internet and smartphones along with untapped potential in developing nations create new opportunities in the coming years.

Rise in demand for high-tech vehicles, higher penetration rate of head-up displays in the aerospace and defense sector, demand for safety features in automobiles, and challenging driving conditions drive the growth of the global head-up display market. However, its high cost hampers the market. On the contrary, advancements in AR technology and emergence of new applications are expected to create lucrative opportunities for the market players.

Increase in mobile applications across the globe and rise in the need to track & manage income of consumers drive the global personal finance software market. However, security and compliance issues in personal finance software and availability of open-source finance software hinder the market growth. On the contrary, rapid adoption of personal finance software across the developing countries is expected to create lucrative opportunities for the market players in the coming years.