Product pricing strategy is both an art and science. While under-pricing the product can result in losses and project the brand as cheap and unreliable, overpricing can risk the product’s affordability for the target audience. Pricing is the most challenging thing to do but determining the right price can make the product a huge success
Adoption of 3D printing technology, increased usage of IoT devices, use of ADAS in automobile to drive the growth of global digital twin market through 2026. According to TechSci Research report, “Digital Twin Market– Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”, The global digital twin market was valued at USD5.715 billion in 2020
Rise in online gaming, introduction of driverless cars, increased usage of social media platforms to drive the growth of Global Image Recognition Market through 2026. According to TechSci Research report, “Global Image Recognition Marketwas valued at USD27.764 billion in 2020 and is expected to grow at a CAGR of 17.59% during the forecast period owing to
Introduction: An air filter is a device composed of porous materials which removes solid particulates such as pollen, dust, and bacteria from the air. Air Filters are used in applications where air quality is important, particularly in house/building ventilation systems and in engines. Summary: An Air Filter helps keep strong particles, residue, soil, and different
Higher accessibility to smartphones and Affordability of online courses is expected to drive the growth during the forecast period. According to TechSci Research report, “India Online Learning Market is expected to grow at an impressive rate during the forecast period. Availability of internet, access to smart phones is expected to fuel the market growth through FY2027.
Ford Motor Company has decided to exit from the Indian automotive industry and cease the production of cars in its manufacturing units located at Maraimalai Nagar and Sanand. Ford will stop manufacturing the vehicle for export purposes in Sanand, Gujarat by the fourth quarter of FY2021 as well as engine and vehicle manufacturing in Maraimalai
Growing trend of digitalization and technological advancements is expected to drive the demand for Vietnam Telecom market in the forecast period. According to TechSci Research report, “Vietnam Telecom Market is expected to grow at a steady CAGR in the forecast period, 2022-2026. The growing demand for smart grid, telemedicine, industrial automation, and connected cars due to
It’s been over a year since the COVID-19 pandemic struck the world with full force, and the battle is still ongoing with new fast-spreading variants and renewed lockdown measures. The devastation of the pandemic causing millions of deaths, economic strife, financial burden, and social constraints marked a significant effect on the mental health of people
Increasing public acceptance and rising of Internet of Things (IoT) and security concerns for user identification processes to drive the growth of global biometrics market through 2026. According to TechSci Research report, Global biometrics market was valued at USD 33.24 billion in 2020 and is expected to grow at a CAGR of 16.73% during the
According to the International Energy Agency, around 1.8 million vehicles were registered in the USA in 2020, nearly three times as many as in 2016. By 2030, the number of EVs on USA roads is anticipated to reach more than 18.7 million, reaching more than 20% of annual vehicle sales, as per the Edison Electric Institute report (EEI). The Biden administration has
