Shital Thakare Profile

Today several companies face numerous challenges when it comes to optimizing operations, managing assets, and ensuring seamless connectivity. However, the increasing advancements in connectivity technologies, including RFID, Bluetooth low energy (BLE), ultra-wideband (UWB), wireless fidelity (Wi-Fi), ultrasound, and NB-IoT, coupled with the adoption of real-time location systems (RTLS), are empowering businesses to overcome these challenges effectively.

Videoconferencing, transmission of still images, e-health, including patient portals, remote monitoring of vital signs, continuing medical education, and nursing call centers are all considered part of telehealth and telemedicine. Telehealth benefits both primary and specialty care providers, allowing them to expand their reach and treat patients everywhere there is an Internet connection.

The Blockchain in Retail Market is projected to reach $25.8 billion by 2029, at a CAGR of 68.3% from 2022 to 2029. The growth of this market is driven by the growing e-commerce, the adoption of blockchain by online retailers, the rising need to improve food safety with a transparent retail supply chain, growing demand for cost reduction, faster payments, increased transparency, and improved security.

Smart retailers are proactive in nature, upgrading their systems with the most recent digital developments to retain their customers. In addition, Smart Store provides an in-store shopping experience, cashless transactions, automated checkout, smart shelves, movement tracking devices, and interactive kiosks. Electronic shelf labels are increasingly being used by retailers to provide a simple and interesting manner for customers to access product information.

The Bakery Premixes Market is projected to reach $547.8 million by 2029, at a CAGR of 6.7% from 2022 to 2029. The growing consumer demand for bakery products, the convenience of using multiple ingredients in a single product, increasing demand for fortified food products, and increasing urbanization and inclination towards convenience foods are the key factors driving the growth of the bakery premixes market.

IoT technology is being increasingly implemented across industries. Most IoT-centric solutions are implemented on PaaS platforms such as application PaaS (aPaaS) and integration PaaS (iPaaS), which is expected to boost the demand for PaaS cloud. Additionally, PaaS is used for IoT device management, orchestration, and business process management Platform-as-a-Service (bpmPaaS), database Platform-as-a-Service (dbPaaS) and analytics services.

Metaverse is a good way to generate augmented reality while working with games, live game streaming, play-to-earn gaming with NFTs minting & trading, and value exchange with cryptocurrency, including an extensive connection with the overall world. Let us analyze a bit more about the characteristics of gaming in metaverse.

Many countries in Asia-Pacific are experiencing rapid urbanization, with a growing urban population. Urban dwellers are more likely to invest in smart home technology to enhance convenience and security in their home. The convergence of these trends has led to changing lifestyles, higher consumer expectations, and the desire for convenience and efficiency. Improvements in internet infrastructure and the widespread availability of affordable high-speed internet have made it easier for residents to connect and control smart devices in their home.

The surge in incidences of cyber exploits, the proliferation of advanced technologies, including cloud computing, AI, and big data, the increasing complexity in the enterprise network, the increasing usage of endpoint IoT devices, and the rising need for real-time innovative security analytics platform are the major factors driving the growth of this market. In addition, the growing emphasis on cloud security analytics solutions among SMEs, the surge in telecomputing, and the integration of cutting-edge technologies, such as machine learning and blockchain are expected to offer significant opportunities for this market.

Next generation sequencing is a technology used to determine the sequence of DNA or RNA to study genetic variation associated with diseases. The speed, throughput, and accuracy of NGS has revolutionized genetic analysis and enabled its use in new applications in genomic and clinical research; reproductive health; and environmental, agricultural, and forensic science.