The Insight Partners Blog

  Increase in Internet Penetration to Provide Growth Opportunities for Smart Kitchen Appliance Market During 2020–2028 According to our latest market study on “ Smart Kitchen Appliance Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, End User, Connectivity, and Geography,” the market was valued at US$ 13,786.0 million in 2020 and is projected to reach US$ 47,071.2 million by 2028; it is expected to grow at a CAGR of 17.4% from 2020 to 2028.   Surge in Internet Penetration In recent years, several developed countries in North America and Europe have witnessed the growth in the adoption of smart kitchen appliances, which is majorly attributed to the significant rise in the internet of things (IoT). The availability of better internet infrastructure in the regions mentioned above has enabled end users to procure smart kitchen appliances. Similarly, Asia Pacific is also witnessing staggering growth in internet penetration due to advancements in ...

  Rising Automotive Sector to Propel Semiconductor Assembly and Testing Services to Provide Growth Opportunities for Semiconductor Assembly and Testing Services Market According to our latest market study on "Semiconductor Assembly and Testing Services Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Service, Application, and Geography," the market is expected to grow from US$ 51,906.3 million in 2021 to reach US$ 71,784.6 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The global semiconductor assembly and testing services market is segmented into five major regions – North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. In 2020, APAC led the market with a substantial revenue share, followed by North America and Europe. With the rising need for electronic equipment, the usage for semiconductor devices also increases in multiple digital consumer products including smartphones, televisio...

  Implementation of Artificial Intelligence and Machine Learning with Tailgating Detection System to Provide Opportunities for Tailgating Detection System Market Growth during 2021–2028   According to our latest market study on “ Tailgating Detection System Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” the market is expected to grow from US$ 63.5 million in 2021 to US$ 99.5 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028. With the rise in industrialization in developed and developing countries, risks across all commercial and government premises have increased over the years. The real-time monitoring of all activities in these premises has become a necessity to ensure minimal harm to individuals, assets, and data. Thus, many companies are focused on developing tailgating detection systems empowered with advanced technologies such as artificial intelligence and machine learning for enabling real-tim...

  Growing Number of Industry Partnerships to Provide Growth Opportunities for 3D Display Market According to our latest market study on " 3D Display Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Technology, Application, and Geography," the market is expected to grow from US$ 575.09 million in 2021 to reach US$ 3,290.83 million by 2028; it is estimated to register a CAGR of 28.3% from 2021 to 2028.   The global 3D display market is segmented into five major regions – North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. In 2020, North America led the market with a substantial revenue share, followed by APAC and Europe. The trend of watching 3D movies without glasses is likely to drive the 3D display market in North America in the near future. Apart from movies and games, laptops and handhelds are also likely to be 3D-capable in North America during the forecast period. The autostereoscopic 3D display, ...

  Rising Use in Lithium-Ion Batteries to Provide Growth Opportunities for Electrode Foil Market during 2021–2028   According to our latest market study on “ Electrode Foil Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Industry Type, State, Material, Range, Application, and Geography,” the market is expected to grow from US$ 13,671.21 million in 2021 to US$ 18,490.99   million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. The global electrode foil market is segmented into five major regions—North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. In 2020, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. Various aspects of security systems involve respective printed circuit boards (PCBs) for businesses, government buildings, residential complexes, airports, and country borders. Security systems with high efficiency play a significant role...

  Era of Smart SSDs to Provide Growth Opportunities for Solid State Drives Market During 2021–2029   According to our latest market study on “ Solid State Drives Market Forecast to 2029 – COVID-19 Impact and Global Analysis – by Type, Technology, Storage, End User,” the market was valued at   US$ 53,829.6 million   in 2021 and is projected to reach US$ 143,557.0 million by 2029; it is expected to grow at a CAGR of 15.0% from 2022 to 2029. Relational Analytics Using Smart SSDs Data processing and code execution techniques are the focus of relational analytics. Smart SSDs are flash storage devices with memory and processing power for handling relational analytic queries. The efficiency of relational analytics for widely scattered data will be increased by utilizing the compute capabilities of SSDs. This lowers the amount of processing power required by the host PC while increasing the computational capability of servers or appliances. Smart SSDs, rather...

  Implementation of HMD in Gaming Application to Create Lucrative Opportunities for Head Mounted Display Market Growth during 2021–2028 According to our latest market study on " Head Mounted Display Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Application, Component, Technology, Design, and Connection," the market is expected to grow from US$ 7,840.66 million in 2021 to US$ 55,333.07 million by 2028; it is estimated to grow at a CAGR of 32.2% from 2021 to 2028. Users playing PC games use head-mounted displays because they provide a higher enjoyment level than conventional setup. Also, the implementation of HMDs is increasing in gaming application due to the availability of low-cost HMD devices and demand for enhanced gaming experience. Further, the rising launches of VR games have been witnessed over the years and is driving the growth of the head-mounted display market. Moreover, the increasing growth of the gaming industry and the rising d...

  Rising Benefits of Robotic Welding to Boost Robotic Welding Market Share During 2021–2028   According to our latest market study on “ Robotic Welding Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Payload, and End-User,” the market was valued at US$ 4,397.73 million in 2021 and is projected to reach US$ 11,316.45 million by 2028; it is expected to grow at a CAGR of 14.5% from 2021 to 2028. Automation has stirred the industrial sector by drastically changing the way of production and reducing the manufacturing time and production cost, owing to which robotic welding market players are shifting toward networked and intelligent production of Industry 4.0-compatible robots. For instance, in July 2020, ABB India opened a new robotics facility to offer benefits of Industry 4.0 such as digitalization technologies and industry-leading robotics to Indian industries across automotive & transportation and electrical & electronics sectors. Additi...

  Increasing Adoption of 5G Technology by Smartphone Manufacturers to Provide Growth Opportunities for Substrate-Like PCB Market during 2021–2028 According to our latest market study on “ Substrate-Like PCB Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Line/Space and Inspection Technologies,” the market is projected to reach US$ 4,718.6 million by 2028 from US$ 1,494.9 million in 2021; it is expected to grow at a CAGR of 17.8% from 2021 to 2028. Substrate-like PCB (SLP PCB) is the next generation of  high-density PCB , which requires trace/spacing equal to or less than 30/30 μm (40/40 μm is the current limit for HDI) for further reducing the device size, leaving more space for other components. The rising adoption of SLP by smartphone companies due to the transition from 4G to 5G technology provides a massive opportunity for the growth of the substrate-like PCB market players. The expansion in 5G infrastructure is expected to increase...