Group items tagged

Based on our recently published study "Global LiDAR Market - Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025", Infoholic Research forecasts that the global market for LiDAR is expected to grow, owing to the increasing need to improve driverless cars and enhance safety measures. LiDAR finds significant interest from the topology & geology departments, and also there is an increasing demand from automobile OEMs. The trend of using LiDAR-based systems is increasing with safer driving provisions and regulations. This trend is fueling the manufacturing of connected vehicles and is helping the market to grow at a CAGR of more than 15% to reach revenue of XX billion by 2025. Read more on https://www.infoholicresearch.com/press-release/lidar-market/?utm_source=pravinmane&utm_medium=medium&utm_campaign=lead-generation

According to Infoholic Research, the global smart textiles market is expected to grow at a CAGR of around 30% during the forecast period 2019-2025. Over the past few years, wearables have been grabbing consumer attention, primarily due to the increased demand for smartwatches as well as other smart gadgets. The idea of smart textiles is also gaining momentum where sensors and actuators are integrated or embedded in clothes for performing electronic functions, including changing the temperature of fabric and collecting & transferring health-related data.

The growing demand for digital technology and shifting customer demands have resulted in the increased adoption of artificial intelligence (AI) solutions to manage financial assets and enhance the customer experience. AI solutions are predominantly dependent on machine data that are generated from multiple sources, including data collected from customers and processes. The financial institutions, especially investment banks, have started using AI based analytics solutions to analyze data and identify the correlation & patterns to improve the asset management capability. These technologies are among the prominent solutions to deal with ever-changing financial regulatory & compliance environment to face the associated market risk and understand both income tax & corporate tax laws in an efficient way. AI in financial asset management is also witnessing a strong presence in analyzing consumer behavior patterns to bring new offerings and is finding new distribution channels for the financial institutions that can create a competitive advantage with the use of these technologies. As data-driven financial decision becomes a more prominent factor for increasing profitability, the market is expected to witness increased usage of AI solutions across banks, financial institutions, and insurance firms. Investment banks have been the primary users of the AI technology to improve risk assessment of the customer to optimize portfolios. Furthermore, IoT, cloud technology, edge computing, security-related technology (blockchain), etc. are supporting the market growth. This trend is expected to continue during the forecast period 2019-2025, fueling the market growth at a CAGR of 33.84% to reach revenue of $11.39 billion by 2025.