Category: Arts and Entertainment
Emergence of smart cities, demand for green buildings, government initiatives, awareness about energy efficiency, demand for IoT based solutions will ensure a high growth trajectory for the smart commercial lighting market during the forecast period.
Increase in mobile internet subscriber base, surge in digital advertising, demand for advanced products, emerging IoT technologies, increased ICT spending and increased adoption of mobile technologies across various verticals will continue to drive the A2P SMS Market in the Americas
Increasing smartphone and electronic devices penetration, soaring gaming audience, and low development cost are the growth propellants of the cloud gaming market in the APAC region.
Rapid expansion of digital technologies, competitive advantage, changing customer behavior, reduced transaction charges, and government initiatives are expected to drive the market growth. The digital payment types such as mobile banking, internet banking, point of sale terminals, mobile wallets, and electronic clearing services are expected to boost its implementation in the industry.
The increase in online gaming population, advancements in video gaming industry, and innovations in IoT and gaming technologies are driving the AR gaming market growth. The leading technology segment — RFID — is expected to grow at a CAGR of 154.2% during the forecasted period.
Smart Ticketing market will grow at a CAGR of 19.7% during the forecast period 2017-2023 to aggregate $14.19 billion by 2023. Increasing demand for RFID, NFC, open payment system, QR code, and barcode technology is expected to drive the smart ticketing market.
The increase in demand for camera-installed rear-view mirrors in automobiles and the use of customized mirrors in the washroom will change the outlook of traditional mirrors. The smart mirror industry is expected to grow at a CAGR of 14.4%, with a high investment from TV manufacturers along with other conventional business lines.
Rising demand for automation and the need for real-time information are expected to drive the market growth for IoT in Process Manufacturing. The network technologies such as Wi-Fi, Ethernet, Bluetooth, 4G, and 3G will boost the IoT implementation in the process manufacturing industries.
CaaS applications have evolved rapidly in the past 3 years. It has assisted in both Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). The services will get integrated and replace Software as a Service (SaaS) to evolve further in the next 5-10 years.