Global Industry Trends

The Saudi Arabian  smart surveillance market  was valued at  USD 710.2 million in 2024  and is projected to grow at a robust  CAGR of 15.2% from 2025 to 2032 , reaching  USD 2,179.9 million by 2032 , according to the latest industry analysis. This rapid growth is propelled by the Kingdom’s stringent government regulations, rising public safety concerns, and the ambitious Vision 2030 initiatives, which include the development of smart cities such as NEOM and The Red Sea Project. These efforts focus on integrating advanced surveillance technologies to enhance urban safety and operational efficiency. Key Growth Drivers and Market Trends Integration of Cybersecurity in Smart Surveillance Systems One of the most significant trends shaping the Saudi smart surveillance market is the integration of cybersecurity measures with live monitoring systems. Smart integrated solutions—leveraging AI, cloud storage, facial r...

The Saudi Arabian data center market is entering a new era of rapid expansion and technological innovation. Valued at  USD 1.6 billion in 2024 , the market is projected to grow at an impressive  CAGR of 16.3% from 2025 to 2032 , reaching  USD 5.3 billion by 2032 , according to the latest industry insights. This robust growth aligns with the Kingdom’s Vision 2030 initiative, which aims to accelerate digital transformation and reduce economic dependence on oil. With USD 18 billion in government funding to establish 1,300 MW of data capacity by 2030, Saudi Arabia is positioning itself as the regional hub for digital infrastructure and innovation. Download free Report Sample Now Driving Forces of Growth Key enablers of this expansion include reduced power tariffs for cloud providers, increasing adoption of digital technologies in banking, healthcare, and government services, and surging investments in AI, cloud ecosystems...

The global  remote sensing technology market  is entering a new era of innovation and expansion. Valued at  USD 19.8 billion in 2024 , the market is projected to surge at a  robust CAGR of 11.5% from 2025 to 2032 , reaching an impressive  USD 46.8 billion by 2032 . This growth underscores the rising adoption of advanced sensing solutions across key sectors — from agriculture and defense to environmental monitoring and smart city development. Download free Report Sample Now Smart Cities and IoT: Pioneering the Next Phase of Urban Intelligence With governments worldwide accelerating smart city initiatives, remote sensing has become indispensable in infrastructure modeling, zoning, urban planning, and law enforcement. Equipped with IoT-based systems, these technologies enable real-time monitoring and predictive decision-making — transforming how cities grow and function. In agriculture, the convergence of remote sensing and IoT is dri...

T he  U.S. telecom equipment market , valued at  USD 121.2 billion in 2024 , is projected to grow at a  CAGR of 5.2% during 2025–2032 , reaching  USD 179.8 billion by 2032 , according to the latest industry analysis. The market’s growth is fueled by  technological innovation, large-scale infrastructure development, and evolving enterprise and consumer connectivity needs . The fast-paced deployment of cellular towers and expansion of broadband access across the country are increasing network capacity and coverage for consumers, enterprises, and government bodies. Federal broadband initiatives and private investments are further propelling spending on next-generation telecom infrastructure. Download free Report Sample Now Key Market Drivers 5G Network Deployment: A Major Growth Catalyst The nationwide rollout of 5G networks continues to be the most significant driver of telecom equipment demand. U.S. telecom operators are investing heav...

According to the latest market research study published by P&S Intelligence, the global EMS market , valued at USD 45.2 billion in 2024, is poised for exponential growth, expected to reach USD 148.7 billion by 2032, advancing at a robust CAGR of 16.2% from 2025 to 2032. This unprecedented expansion is fueled by rising global energy demand, escalating utility costs, and the urgent need for energy-efficient and sustainable solutions across industries. Download free Report Sample Now EMS solutions empower organizations to monitor, control, and optimize energy usage, resulting in significant cost savings while enhancing operational efficiency. The integration of IoT-enabled devices, AI-powered analytics, and smart grid technologies is driving widespread adoption across commercial buildings, manufacturing facilities, and utility sectors. Governments worldwide are supporting EMS deployment to meet stringent environmental regulations and curb greenhouse gas emissions. The rise of rene...

According to the latest market research study published by P&S Intelligence, the U.S. contactless payment systems market is entering an era of unprecedented growth. Valued at  $15.2 billion in 2024 , the market is expected to reach  $53.2 billion by 2032 , achieving a  CAGR of 17.1%  during the 2025–2032 period. This growth is fueled by rapid technological advancements, evolving consumer preferences, and the widespread adoption of smartphones, wearable devices, and digital wallets. Download free Report Sample Now Contactless payment systems offer unparalleled convenience, allowing consumers to make transactions by tapping credit or debit cards at point-of-sale terminals, scanning mobile wallets like Apple Pay and Google Pay, or using smartwatches integrated with banking applications. The COVID-19 pandemic significantly accelerated the adoption of these solutions, as consumers and businesses alike sought hygienic, touch-free payment methods. According...