Electronic design automation (EDA), also known as Electronic Computer-aided design, is a term used for a category of software products and processes that are used for designing electronic systems with the help of computers. EDA leads to a reduction in the design time and cost, and elimination of manual errors; and is mainly used in the manufacture of aerospace and defense equipment. It helps the ASIC logic designers put their logical design ideas into computer form and layout designers to place Read more...
AGV’s (Automated Guided Vehicles) are driverless vehicles that follow markers or wires in the floor or uses. vision or lasers and are widely utilized for moving materials around the factories or warehouses. The automated guided vehicles are controlled through advanced software that helps in navigation and controlling of the vehicle. The increasing adoption of industrial automation across various industries is now being termed as the 4th Industrial Revolution by many economists. It is ve Read more...
Machine vision (MV) is the technology which helps the computer to see and perform automatic inspection and analysis. Machine vision software provides numerous benefits such as improving quality, increasing productivity, lowering production costs, reducing floor space, increasing production flexibility, etc. The software only works with precise coordination with hardware. The software which is built and used with the right hardware can effortlessly inspect object details that may be too small Read more...
Artificial intelligence (AI), sometimes called machine intelligence, is the ability of a computer program and machines to think and learn. The fourth industrial revolution is said to be carried out by automation. The utilization of AI and robots in the manufacturing sector has revolutionized mass-production. Robots are capable of doing recurring activities, designing product models, eradicating human error and delivering superior levels of quality assurance, which has helped th Read more...
Artificial intelligence (AI), sometimes called machine intelligence, is the ability of a computer program or machine to think and learn. Artificial Intelligence is growing because of its various applications in the education sector which enhances the teacher and student experience and also due to the proliferation of smart devices and the rapid digitalization across the globe. AI uses deep learning, machine learning, and advanced analytics to monitor the student’s learnin Read more...
The On-Demand Ride Services market is projected to grow at a CAGR of 6.25% during the forecast period, reaching a total market size of US$175.680 billion in 2024. Growing global travel and tourism industry is one of the major drivers of on-demand ride services market. Rising adoption of smart connected devices and lower cost of these services are also boosting the growth of on-demand ride services market. However, factors such as lack of regulation, fluctuating fares, and inadequate insurance co Read more...
Smart homes are residences equipped with a high-end computational and operational network that automatically operates, interacts with and responds to the needs of its residents. This impacts the occupants’ luxury and convenience. Other major purposes that are solved by smart homes are enhancing security measures, providing energy efficiency as well as providing timely entertainment. The global smart homes market is expected to grow at a CAGR of 17.86% reaching US$124.596 billion in 2024 from U Read more...
The BFSI data monetization market is projected to grow at a CAGR of 5.85% during the forecast period. Rapid growth of this industry, indicated by rising number of accounts in banking and financial institutions worldwide, is one of the major factors driving the growth of this market. Continuous drift of banks and financial institutions towards has been leading to generation of huge volumes of data per day. This data includes valuable information about account holders and current trends. Growing c Read more...
E-learning is learning by using electronic technologies to access educational curriculum outside from traditional classroom. The market is expected to grow due to the adoption of technology-based teaching and learning techniques. The development technologies such as machine learning, AR & VR devices, wearable devices, AI and big data are allowing several institutions to deliver education-based content in an innovative and interactive way, this has anticipated driving the growth of the market in Read more...
Telecom Electronic Manufacturing Services is designing and manufacturing of telecom electronics and providing related services on contract basis. The market for this is expected to have a significant growth driven by the rise in demand for communication devices and expansion of wireless communication. There is a trend of contract manufacturing or subcontracting in the telecom industry which is expected to positively affect the market growth. It offers a number of benefits such as reduced time to Read more...
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