Category: ICT

Digital Twin Market to Reach USD 32.744 Billion During the Forecast Period

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

Image Recognition Market to Reach USD 73.344 Billion by 2026

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

India Online Learning Market to grow at a promising rate During the Forecast Period

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.

Vietnam Telecom Market Size, Share & Market Forecast 2026

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

Biometrics Market to Reach USD 84.27 Billion By 2026

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

Why Europe Needs Anti-Money Laundering Software ?

Despite the toughest laws on money laundering, huge sums of money of illegal origin are channeled into the regular economy. Some of the EU members states have been too lax in supervising and scrutinizing suspicious financial transactions. Now, the European Commission has prepared a comprehensive reform plan to tackle the rising money laundering problem by monitoring and

India FinTech Transactions Market to Grow at a CAGR of 49.13% until FY2027

Government’s push towards the adoption of digital payments and introduction of innovative and simple online platforms to move money has led to the growth of the India FinTech Transactions Market through FY2027. According to TechSci Research report, “India FinTech Transactions Market  By Payment Modes (Payment Interfaces, Payment Gateways, PoS Terminals, Prepaid Payment Instruments, Remittance &

What is the “Fit for 55” European Emission Plan and its Impact on Europe?

All the 27 countries under European Union collectively account for around 3.5 billion tons of carbon dioxide, behind only China, the US, and India. However, Europe aims to become the world’s first climate-neutral continent by 2050. For accomplishing the set target, the European Commission has committed to reducing its greenhouse gas emissions by at least 55% by 2030.  On July

Vietnam Mobile Wallet Market to grow at a Significant Rate through 2026

Growing youth population and the rising demand for e-commerce channels is expected to drive the demand for Vietnam Mobile Wallet market in the forecast period. According to TechSci Research report, “Vietnam Mobile Wallet Market By Type (Remote, Proximity) By Technology (Near Field Communication (NFC), QR Code, Digital Only, Text-based) By Application (Bill Payment, Mobile Recharge, Money Transfer,

Healthcare segment to dominate the Vietnam Artificial Intelligence Market through 2026

High proliferation of the smart devices and the rise in the number of start-ups is expected to drive the demand for Vietnam artificial intelligence market in the forecast period. According to TechSci Research report, “Vietnam Artificial Intelligence Market By Component (Hardware, Software, & Services) By Technology (Deep Learning, Machine Learning, Natural Language Processing, Image Processing, Others) By