Mobility sharing is a service that allows the customers to rent a vehicle for a certain distance or time in exchange for money. The mobility sharing market is experiencing high growth due to increasing digitization, and the rising cost of vehicle ownership. The mobility sharing market is expected to witness high growth in APAC due to increasing adoption of mobile phones and high population.
The mobility sharing market is highly influenced by driving factors such as increasing traffic…Continue
A power supply is an electric device that supplies power to an electrical load. The primary function is to convert electric current from a source to the correct voltage, current, and frequency to power the load. It may also convert a different form of energy - such as solar, mechanical, or chemical - into electrical energy.
The power supply market is heavily influenced by driving factors such as growing adoption of home and building automation systems, emerging telecommunications…Continue
The evolution of 5G is likely to take fixed wireless access services to a new level with the use of a wide range of radio spectrum owing to which consumers can achieve major capacity gains and low-latency connectivity. 5G FWA is likely to enhance network performance capabilities and deliver high-speed network coverage compared to currently used connectivity networks. Further, increasing adoption of connected devices, such as smartphones, laptops, smart devices, in several commercial and…Continue
Industrial communication acts as a backbone for automation system architecture as, it provides powerful means of data controllability, data exchange, and flexibility to connect different devices. Rise in number of initiatives by government and other regulatory bodies to assist industrial automation is accountable to accelerate the growth of industrial communication market. Moreover, increase in the concept of machine-to-machine communication also plays a major role in contributing towards…Continue