The global video streaming market was valued at $245.3 billion in 2018, and it is expected to generate a revenue of $688.7 billion by 2024. The market will also demonstrate a CAGR of 19.1% from 2019 to 2024 (forecast period), as per the estimates of the market research company, P&S Intelligence. The increasing penetration of the internet and the soaring popularity of various social media...
In 2021, the size of the building automation system market was $77.1 billion, and it will reach $207.5 billion by 2030, propelling at a growth rate of about 12% during 2021–2030. The increasing need for energy-efficient infra, lower cost of operations and upkeep, improved quality of indoor air, and managed home automation services and the progressions in sensors, communication...
The Asia-Pacific (APAC) networking equipment market growth is facilitated by factors such as escalating bandwidth requirement and surging data traffic. Due to these, the market will grow at a CAGR of 11.3% during the forecast period (2019–2024). The market generated a revenue of $22,875.2 million in 2018 and it is projected to reach $42,753.4 million by 2024. This growth will also...
With the sharp rise in terrorism and security concerns, the demand for physical security solutions is growing rapidly in the Asia-Pacific (APAC) region. Moreover, the increasing security concerns are making various regional countries such as China, India, Vietnam, Indonesia, and Singapore deploy physical security devices and equipment, especially video surveillance systems. There were over 300...
These days, making use of energy-efficient lighting solutions has become incredibly important and is being emphasized upon in residential as well as commercial sectors. Other than utilizing less energy, these lighting systems also offer cost benefits to the user. For example, model energy codes for commercial and residential buildings are predicted to save about $126 billion and decrease...
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