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19 May
2017

Growing Prominence of Voice-Based User Interface Technologies in Mobile Devices Drives the Mobile Speech Recognition Software Market

The global market for Mobile Speech Recognition Software is forecast to exceed US$370 million by 2024, driven by the rise of sophisticated Conversational User Interface (CUI) as a more natural, smart, and productive way to communicate with mobile devices coupled with technology developments that make speech recognition more accurate, intelligent and fluid.

Speech recognition technology takes convenience of mobile phones a step further by enabling voice command and voice control features, ...

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19 May
2017

Ability to Enhance Base Load Reliability of Grid Connected Renewable Energy Plants Drives Adoption of Superconducting Magnetic Energy Storage (SMES) Systems

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Superconducting Magnetic Energy Storage (SMES) Systems market. Global Superconducting Magnetic Energy Storage (SMES) Systems market is projected to reach US$82.7 million by 2024, driven by the growing emphasis grid-connected renewable energy and the ensuing need for solutions that address energy variability issues that arise out of integrating variable re ...

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19 May
2017

Growing Incidence of Genetic Disorders and Genetically Predisposed Diseases Drives the Global Market for Genetic Testing

The global market for Genetic Testing is projected to reach US$10.3 billion by 2024, driven by aging population, rising incidence of genetically predisposed and hereditary diseases, growing awareness, technological advances and increasing success of direct-to-consumer (DTC) genetic testing.

Genetic testing broadly refers to the analysis of genes by examining genetic material taken from cells in a person's blood sample, or a sample of other body fluids. It constitutes the most rapidly exp ...

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19 May
2017

Sensing as a Fundamental Part of Designing Smart, Intelligent Systems Drives the Global Market for Position Sensors

The global market for Position Sensors is projected to reach US$12.8 billion by 2024, driven by the growing indispensability of sensing, actuation and control in designing smart electronic systems and in enabling intelligent functions such as predictive and adaptive automated decision making capabilities which represents the ultimate design goal of automated systems.

A key sensor technology of the 21st century, position sensors represent an important measurement technology. Position Sen ...

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9 May
2017

Increased Indispensability of Electronics in Modern Life Coupled With Continuous Technology Advancements & Shorter Product Lifecycles Drive the Global Electronic Components Market

The global market for Electronic Components is projected to reach US$191.8 billion by 2022, driven by the increasing indispensability of electronics in modern life; continuous development of consumer, industrial, medical, automotive and defense electronics; shorter product lifecycles and a parallel increase in opportunities in upstream supply chain.

Electronic components have played significant role in the evolution of several path-breaking technologies that changed the world in the 21st ...

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