Major factors driving the growth of electronic warfare market size are:
Increasing conflicts and disputes among countries to fuel growth.
Significant technological advancements and integration of electronics in military equipment
Rising adoption of electronic warfare in UAV platforms to boost growth.
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TRENDS INFLUENCING THE ELECTRONIC WARFARE MARKET SIZE
Increasing procurement of electronic warfare systems due to growing transnational and regional instability is expected to drive electronic warfare market size growth. The growing frequency of bilateral militarized conflicts between countries is increasing rapidly, leading to the need for countries defense forces to improve their security measures. The introduction of digital battlefields has propelled all defense systems used during combat missions to integrate electronic warfare technology.
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BANGALORE, India, March 11, 2021 /PRNewswire/ The
Industrial Services Market is Segmented Type(Engineering and Consulting, Installation and Commissioning, Improvement and Maintenance, Others)and End Use (PLC, SCADA, HMI, DCS, MES, Electric Motors & Drives, Valves & Actuators, Safety Systems): This report covers Global Opportunity Analysis and Industry Forecast from 2021 to 2026. This report is published on
Valuates Reports in the
Industrial Materials & Equipment Category.
The global Industrial Services market size is projected to reach USD 32,300 Million by 2026, from USD 24,990 Million in 2020, at a CAGR of 4.4% the forecast period during 2021-2026.
Major factors driving the growth of Industrial Services market size are the growing need for operational excellence, increasing demand for maintenance as a service, and increasing equipment complexity.
In 2019, the global Webcams market size was USD 8325.4 Million, and it is expected to reach USD 24670 Million by the end of 2026, with a CAGR of 16.6% during the forecast period 2021-2026.
Major factors driving the growth of webcams market size are Increasing demand for real-time monitoring devices and rising adoption of unmanned aerial vehicles (UAVs) for security and surveillance, and growing adoption of webcams for video conferencing, visual marketing, live events, and entertainment.
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TRENDS INFLUENCING THE WEBCAMS MARKET SIZE
With the growing popularity of virtual workplace communication between professionals, the webcam market size is expected to witness rapid growth during the forecast period. Furthermore, due to the recent COVID-19 outbreak, work from home policies have been introduced by businesses to ensure the safety of workers as well as the continuity of their company. With these stay
Battery Materials Market Size to Reach USD 53,980 Million by 2026 at CAGR 4.9% | Valuates Reports
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The global Smart Contracts market size is projected to reach USD 345.4 Million by 2026, from USD 106.7 Million in 2019, at a CAGR of 18.1% during the forecast period 2021-2026.
Major factors driving the growth of smart contract market size are, increasing adoption of various applications in industries such as supply chain, banking, government, insurance, and real estate. Furthermore, the rising popularity of Blockchain technology is fueling the demand for the Smart Contracts Market.
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TRENDS INFLUENCING THE GROWTH OF SMART CONTRACT MARKET SIZE
Government bodies across the world are implementing smart contracts that require less human involvement and dramatically reduce the cost of contract handling. This, in turn, is projected to increase the growth of smart contract market size during the forecast period.