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Home Automation Market to Expand at 12 1% CAGR and Reach USD 114 Billion by 2025

Home Automation Market to Grow Rapidly with Rising Demand for Remotely Controlled Devices The rising preference towards better standard of living is one of the primary factors driving the home automation market. This, coupled with rising disposable income especially in developing countries, is encouraging investment in home automation solutions. The growing adoption of smartphones and tablets across the world is likely to escalate demand for remotely controlled devices, thus driving the home automation market. The adoption of cloud-based solutions is growing at a rapid pace in smart home appliances. This is further expected to act as growth engines for the home automation market over the next few years. Rapid urbanization is another factor leading to rise in home automation systems. These systems offer better security and safety with technologically sound specifications. This contributes to the growing demand for advanced home automation products such as home automation using Blueto

Insights on the Adaptive Traffic Control System Global Market to 2028 - by Component, Type, Application and Geography

Share this article Share this article ResearchAndMarkets.com s offering. The adaptive traffic control system market was valued at US$ 4,307.45 million in 2020 and is projected to reach US$ 15,058.53 million by 2028; it is expected to grow at a CAGR of 17.8% from 2021 to 2028. Adaptive traffic control system is a solution designed and developed to manage the growing traffic issues faced by the metropolitan cities. The adaptive traffic control system analyses the flow of traffic in real-time and accordingly adjust the traffic signals split timings to optimize the flow of the traffic in order reduce and avoid congestions on the road. The adaptive traffic control system is combination of hardware and software components which allows operators to gather data regarding the flow of traffic from each intersection of the city in order to minimize delays and stops. The system improves the travel time significantly by gradually moving the traffic through green lights to create smoother flo

Worldwide Inventory Tags Industry to 2028 - Growing Emphasis on Internet of Things Presents Opportunities

Share this article Share this article ResearchAndMarkets.com s offering. The global inventory tags market was valued at US$ 4,995.36 million in 2020 and is projected to reach US$ 7,264.42 million by 2028; it is expected to grow at a CAGR of 5.0% during 2021-2028. The US, Canada, and Mexico are among the major economies in North America. High spending power of population enables them to spend on expensive high-tech products that encourages technological advancements, which lead to intense competition among various businesses in this region. North American countries are characterized by well-developed retail and manufacturing sectors and a relatively high density of retailers. The retail sector in North America is a huge adopter of the RFID technology that facilitates data transfer from tags attached to objects, using a wireless scanning system, thereby enabling automatic identification and tracking. Further, according to the International Trade Administration (ITA), there were 19.

VVT and Start-Stop System Market to Witness an Impressive Growth during the Forecast Period 2021

VVT and Start-Stop System Market to Witness an Impressive Growth during the Forecast Period 2021
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Insights on the Adaptive Traffic Control System Global Market to 2028 - by Component, Type, Application and Geography

Insights on the Adaptive Traffic Control System Global Market to 2028 - by Component, Type, Application and Geography
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