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Mobile Virtual Network Operator Industry Trends and Forecast Report, 2030

In 2023, the mobile virtual network operator market had a value of USD 79.2 billion, and it is projected to expand at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2030, reaching USD 141.9 billion by 2030. This development of the market can be credited to the rise in the penetration of mobile devices and the need for low-priced mobile facilities; quick development in the requirement for triple-play facilities in emerging nations; and a surge in the need for high-speed internet connectivity. However, while the traditional, full MVNOs have always been market leaders in terms of revenue, there have been newer players entering the market with the foremost focus on value-added services. Regional Outlook • The Prepaid category is estimated to advance faster at a CAGR of more than 9.3% over the projection period because of its customization choices and pay-as-you-use model. • In 2023, the postpaid category generated the larger revenue share and is projected to continue to lead th

AutoML Industry Trends and Forecast Report, 2030

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According to the latest market research study published by P&S Intelligence, the AutoML industry is witnessing growth and is projected to reach 15,499.3 million by 2030. The market is driven by the growing need for effective scam recognition solutions, the rising requirement for tailored product recommendations, and the increasing importance of predictive lead scoring. Cloud computing is broadly accepted to create greater competitiveness through superior cost efficiency, agility, scalability, and resource use optimization. Unlike any other technology that can be summed up or viewed in its totality, cloud computing comprises many parts that when put together, serve a greater cause. It provides access to cloud-native tech, advances the style of operation, and creates conditions for ML and AI development and addition. It is demonstrated as the main direction in the market growth that the demand for cloud-based platforms is increasing. Cloud-based solutions consist of a SaaS model, wh

Machine Vision - Global Industry Share and Future Analysis

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The global machine vision market is experiencing growth and is projected to reach USD 27.86 billion by 2030.    The growth can be attributed to the increasing demand for quality inspection and automation across various industries, along with significant research and development investments by major players and advancements in technology. In recent years, PC-based machine vision systems have dominated the market, holding a majority share of 56%, and are expected to maintain their leading position until 2030. These systems easily connect with cameras or image acquisition boards and feature customizable software, making them more user-friendly and versatile for a variety of camera applications. One such application is general inspection, such as checking for the presence of parts, like examining studs on a car's underbody at an auto body shop. Mechanical systems guided by vision incorporate industrial automatons and machine vision devices, rapidly advancing due to their remarkable ve

Fortify Your Companies Security with Wireless Testing

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The wireless testing market is experiencing growth and is projected to reach USD 31.23 billion by 2030. This growth can be credited to the development of 5G networks throughout the world, the increase in demand from the consumer electronics market, and quick technological enhancements in wireless testing technologies. What is Wireless Testing? Wireless testing appraises electrical items that are proposed to function without wires – anything from computers and electric machines to industrial working with wireless components. The Benefits of Wireless Testing There are numerous advantages of conducting a wireless diffusion test. Classifying weaknesses that threat actors are able to exploit is dominant. Testing the efficiency of your safety posture or exposing inadvertent weaknesses permits an organization to remediate these problems before they happen for real. The increasing usage of the internet and growing acceptance of digital facilities have led to an extensive hike in the size of v

Smart Homes 2030: A $196.5 Billion Industry Revolution

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The smart homes market will power at a rate of 10.2% by the end of this decade, to reach USD 196.5 billion by 2030. This will be because of the growing disposable income in emerging economies, increasing significance of remote home monitoring, increasing count of internet users, and rising acceptance of smart devices. The entertainment category dominated the industry, and the situation will remain like this in the years to come. This would be because of the extensive diversity of solutions offered by tech providers for operating along with controlling the entertainment systems inside a house.  For example, Alexa is able to control lights, televisions, and alarms, deliver sports scores, news and update users with other instantaneous info. With the use of smart, energy-, and cost-effective devices, customers can lower the consumption of energy of their homes through automatic function settings and processes. The industry growth is also encouraged by the considerable increase in the requ

Artificial Intelligence in Education - Industry Development and Future Analysis

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The AI in education market was sized about USD 2,126 million in 2022, and it will power at a rate of 36.6% in the years to come, to reach USD 25,772 million by 2030. The solution category held a larger share, of 77.4%, in the recent past and it will continue like this in the years to come.  This has a lot to do with the increasing requirement for AI academic solutions for enabling educators to mechanize administrative tasks and discover more potentials for improving the efficiency of classroom teaching. Cloud had a larger share in the past, and it will continue like this in the years to come as well. This is because of the increasing use of cloud platforms for supporting IT modernization and growing focus on reducing the total ownership cost. Moreover, cloud enables students to improve their knowledge and aids accomplish business processes, resulting in improved pupil engagement and enhanced performance. Furthermore, AI-empowered teaching solutions installed on a cloud network bid num

Digital Twin Industry Is Led by North America

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The digital twin market generated a revenue of USD 7,683.4 million in 2022, and it will progress at a rate of 49.9% by the end of this decade, to touch USD 195,347.6 million by 2030 , according to a market research report by P&S Intelligence. Small & medium enterprises had a considerable share of revenue in 2022, and, further, it will grow at a rate of 52.2% in the near future, chiefly credited to the swift digital transformation. Furthermore, the requirement for virtual modeling solutions is on the rise among these enterprises  for building better products, forecast faults at an initial stage, and plan timely maintenance. This also helps significantly decrease interruption and improve the performance of the products. North America dominated the digital twin market with a revenue share of 36%, in the recent past. This growth has a lot to do with the early acceptance of cutting-edge technologies, including AI, IoT, and ML, strong IT infra, and an increasing emphasis on Industry