Smart Airport Market | Industry Growth, Trends and Forecast Upto 2025

The global smart airport market is expected to reach USD 25.09 billion by 2025,growing at a CAGR of 10.7%. according to a new report by Grand View Research, Inc. The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking.

Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period.

U.S. smart airport market, by technology, 2014 - 2025 (USD Million)

Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking.

Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions.

Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities.

Full Research Report On Global Smart Airport Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/smart-airports-market

Further key findings from the study suggest:

• Airports across emerging economies are increasingly adopting a smart airport approach by implementing innovative technologies, such as smart robots, self-check-in kiosks, beacon services, predictive analysis, and border control automation solutions
• Airports are increasingly expanding their airside operations by providing various services, such as in-wallet scanning, and geolocation and coordination of aircraft with real-time information on landing
• Airports across developed regions, such as the U.S., have now started providing automated parking facilities, in order to capture a higher revenue share of the non-aeronautical operations segment
• Asia-Pacific is estimated to emerge as the fastest-growing region over the forecast period, owing to a steep increase in passenger traffic coupled with upgrading and implementation of new technologies in airport communication and security systems
• Major countries across Europe are adopting Bluetooth-based beacon technology to provide a personalized experience to passengers, such as indoor wayfinding and nearby promotional offers, based on data collected regarding the passengers’ spending and usage habits

Browse More Reports Of This Category By Grand View Research:
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Grand View Research has segmented the global smart airport market on the basis of technology, application, location, and region:

Smart Airport Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Security Systems
• Communication Systems
• Passenger, Cargo, & Baggage Ground Handling Control
• Air/Ground Traffic Control
• Others

Smart Airport Application Outlook (Revenue, USD Million; 2014 - 2025)

• Aeronautical Operations
• Non-Aeronautical Operations

Smart Airport Location Outlook (Revenue, USD Million; 2014 - 2025)

• Landside
• Vehicular Parking
• Security
• Advertisement
• Airside
• Air Traffic Management (ATM)
• Management
• Aircraft Parking & Maintenance
• Terminal Side
• Building Operations
• Baggage Handling
• Check-in Systems

Smart Airport Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Mexico
• Brazil
• Middle East & Africa

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-smart-airports-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Industrial Display Market To Witness Rise In CAGR Value Of 6% From 2014 To 2025: Grand View Research, Inc.

The global industrial display market is expected to reach USD 7.26 billion by 2025, according to a new report by Grand View Research, Inc. Due to the growing complexity of industrial operations and processes, the use of industrial displays has become crucial to simplify operational tasks and provide technologically advanced features.

Human Machine Interfaces (HMIs) and other displays possess the ability to respond to the changing production demands and closely monitor the production processes, thereby decreasing the downtime and increasing workforce efficiency. A well-designed HMI enables line of sight into the system, which allows the operator to control or maintain the machine and enhance productivity.

OLED displays are expected to gain prominence on account of their enhanced picture quality and low power consumption. The technology is widely used in digital signage and display boards to indicate the operational status at factory floors.

Solution providers have begun offering IIoT application platforms integrated with industrial display devices and services. For instance, American Industrial Systems, Inc. (AIS) offers open platform computing solutions for IIoT and facilitates its application in industrial companies, factories, transportation & logistics, buildings, and smart cities.

Companies are investing heavily in R&D activities for designing technologically enhanced displays and offering distinguished products compared to their competitors. Mergers & Acquisitions (M&A), strategic agreements, and multiple partnership agreements are other growth strategies adopted by players to increase their product offering and expand their distribution platform.

Full Research Report On Global Industrial Display Market By Grand View Research: www.grandviewresearch.com/industry-analysis/industrial-display-market

Further key findings from the report suggest:

• The HMI application segment is expected to account for the largest revenue share in the overall market by 2025, registering a CAGR of around 6% over the forecast period
• The demand for industrial displays is expected to grow substantially in the chemical, oil, and gas segment and the energy & power segment over the forecast period
• By 2025, the energy & power end-use segment is projected to account for around 25% of the total market revenue share.
• In 2016, the panel-mount displays and video walls together accounted for more than 60% of the total revenue share in the European region
• The LCD technology is widely used across all devices; however, the OLED technology is anticipated to witness a high growth over the forecast period
• Key players in the industry include LG Display Co., Ltd., Samsung Display, Pepperl+Fuchs GmbH, Advantech Co., Ltd., Planar Systems, Inc., WinMate, Inc., NEC Display Solutions, Ltd., Maple Systems, INC., Japan Display, Inc., Innolux Corporation, and Siemens AG

Browse More Reports Of This Category By Grand View Research: www.grandviewresearch.com/industry/display-technologies  

Grand View Research has segmented the global industrial display market on the basis of type, application, technology, panel size, end-use, and region.

Industrial Display Type Outlook (Revenue, USD Million; 2014 - 2025)

• Rugged Displays
• Open Frame Monitors
• Panel-Mount Monitors
• Video Walls
• Marine Displays

Industrial Display Application Outlook (Revenue, USD Million; 2014 - 2025)

• HMI
• Remote Monitoring
• Interactive Display
• Digital Signage

Industrial Display Technology Outlook (Revenue, USD Million; 2014 - 2025)

• LCD
• LED
• OLED
• E-Paper Display

Industrial Display Panel Size Outlook (Revenue, USD Million; 2014 - 2025)

• Up to 14”
• 14-21”
• 21-40”
• 40” and Above

Industrial Display End-Use Outlook (Revenue, USD Million; 2014 - 2025)

• Manufacturing
• Mining & Metals
• Chemical, Oil, and Gas
• Energy & Power
• Others

Industrial Display Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa

Access Press Release Of This Research Report By Grand View Research:www.grandviewresearch.com/press-release/global-industrial-display-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Integration Platform as a Service Market Size To Reach $2.70 Billion By 2025: Grand View Research, Inc.

The global integration platform as a service (IPaaS) market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions.

Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity of its operations and better connect to cloud services. The integrations also save the time by providing a common platform for various applications.

The technologies relevant and compatible with Integration flow development, API life cycle management have prevailed with prominence along with the integration of B2B and IoT services with cloud-based platforms. The IPaaS integrates all such industry services and its applications within a common platform. The services such as Internet of things (IoT) and Application Process Integration (API) with continuous increase in the number of users and vendors have resulted in accelerated growth of IPaaS market.

IPaaS hybrid segment was the largest deployment category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. It accounted for a share of 43% in 2016. Hybrid deployment module was the largest service category in 2016 and is expected to maintain a comparatively high growth rate over the forecast period.

Full Research Report On Global Integration Platform as a Service Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/integration-platform-as-a-service-ipaas-market

Further key findings from the report suggest:

• The global integration platform as a service market was valued at 575 million in 2016 and is expected to grow at a CAGR of 18.9% from 2017 to 2024
• API life cycle management emerged as the largest service segment in 2016 and is estimated to generate revenue over USD 709 million by 2024
• Global IPaaS demand in Integration flow development and life cycle management tools was USD 75 million in 2016 and is anticipated to witness staggered growth over the next seven years
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the Internet of Things (IoT) and big data. The regional market is expected to grow at a CAGR of 25% from 2017 to 2024
• Key players including Informatica, Dell Boomi, MuleSoft, and Snaplogic dominated the global enterprise governance, risk and compliance market while accounting for over 46% of the overall revenue in 2016

Browse More Reports Of This Category By Grand View Research:
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Grand View Research has segmented the global integrated platform as a service market on the basis of solution, services, enterprise type, vertical type, and region:

Service Outlook (Revenue, USD Million, 2014 - 2025)

• Data mapping and transformation
• Routing and orchestration
• Integration flow development and life cycle management tools
• API life cycle management
• Business to Business (B2B) and cloud integration
• Internet of Things (IOT)
• Others

Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud
• Hybrid
• On-premise

Integration type Outlook (Revenue, USD Million, 2014 - 2025)

• Data Integration
• Application Integration
• Application Program Interfaces (API) Integration
• Process Integration

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Rest of the World

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-integration-platform-as-a-service-ipaas-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Frame Grabber Market Surge Valuation Of 489.2 Million Units By 2025: Grand View Research, Inc.

The global frame grabbers market size is projected to reach USD 489.2 million by 2025, according to the new report conducted by Grand View Research, Inc., exhibiting a CAGR of 7.2% during the forecast period. Applications that involve image data rates of more than 120 MB necessitate frame grabber solutions in vision systems. Rising awareness regarding merits of frame grabbers such as high processing capacity and data-rate handling capacity is expected to propel the market.

AIA’s CameraLink, which delivers high-speed trigger and control signals to cameras, was the first ever vision-specific digital interface to become the industry standard. CameraLink is capable of transferring image at data rates of up to 850 MB/second over a distance of 10 meters. Therefore, it has become a dominant interface for camera and frame grabber applications.

Based on advanced applications, the market has been segmented into web inspection, transportation safety and maintenance, scientific, factory automation, industrial camera manufacturer, and security. The web inspection segment dominated the market in 2016 in terms of both revenue and shipment volume. The growth of the segment can be attributed to surging demand for 10 GigE high-speed web inspection vision applications in various industry verticals.

Furthermore, based on end-use customers, the report has been classified into original equipment manufacturers (OEMs), manufacturers, and system integrators. The manufacturer segment accounted for the largest share in 2016 in terms of revenue as well as volume. However, the system integrator segment is projected to expand significantly during the forecast period. Growing penetration of service & solution providers in emerging economies of Asia Pacific is anticipated to benefit the overall market.

The key regions reviewed in the report are North America, Europe, and Asia Pacific. Europe was at the forefront of the market in 2016 and is estimated to witness a steady growth over the forecast period. Presence of a larger number of machine vision system manufacturers and rapid technological advancements are contributing to the growth of the market.

Full Research Report On Global Frame Grabber Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/frame-grabber-market

Further key findings from the report suggest:

• The frame grabbers market is poised to reach more than 975 thousand units by 2025. Frame grabbers are majorly used in advanced applications such as inspection of color print and flat panels
• Spiraling demand for image resolution and rapid frame rates, high bandwidth cameras, and high speed is supplementing the growth of the market
• Industrial camera vision systems are likely to witness increased applications in the artificial intelligence, hyperspectral imaging, and three-dimensional (3D) imaging industrial sectors
• Increasing demand for robotics in factories is driving the adoption of technologies similar to machine vision systems in North American. This, in turn, is creating several growth opportunities for the market
• Some of the key players in the market are ADLINK Technology Inc.; Advantech, Co., Ltd.; Euresys S.A.; ISRA Vision AG; KAYA Instruments; Teledyne DALSA Inc.; and Pleora Technologies Inc.

Browse More Reports Of This Category By Grand View Research:
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Grand View Research has segmented the global frame grabbers market based on advanced applications, end-use customers, and regions.

Frame Grabbers Advanced Application Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)

• Web Inspection
• Transportation Safety and Maintenance
• Scientific
• Factory Automation
• Industrial Camera Manufacturer
• Security

Frame Grabbers End-Use Customers Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)

• OEMs
• Manufacturers
• System Integrators

Frame Grabbers Regional Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• South Korea
• Taiwan
• Hong Kong
• South East Asian Countries

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-frame-grabber-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Digital Signage Market To Be Worth $31.71 Billion By 2025 | CAGR 7.9%

The global digital signage market is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the industry growth over the forecast period.

The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.

Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage help companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.

Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.

Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes that are associated with the traditional marketing activities.

The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.

Full Research Report On Global Digital Signage Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/digital-signage-market

Further key findings from the study suggest:

• LCD digital signage dominated the global display market in 2016 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology
• Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the highest revenue-generating segment over the next eight years
• The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients
• The transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities
• The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment
• The North American region accounted for the largest market share in 2016, owing to the heavy demand of digital signage across various application sectors, on account of technological advancements and the modern customer base
• The Asia-Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels
• The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications

Browse More Reports Of This Category By Grand View Research:
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Grand View Research has segmented the global digital signage market based on types, components, technologies, applications, locations, content categories, sizes, and regions:

Digital Signage Type Outlook (USD Million; 2014 - 2025)

• Video walls
• Video screens
• Transparent LED screens
• Digital posters
• Kiosks
• Others

Digital Signage Component Outlook (USD Million; 2014 - 2025)

• Hardware
• Software
• Services

Digital Signage Technology Outlook (USD Million; 2014 - 2025)

• LCD
• LED
• Projection

Digital Signage Application Outlook (USD Million; 2014 - 2025)

• Retail
• Corporate
• Banking
• Healthcare
• Education
• Transportation

Digital Signage Location Outlook (USD Million; 2014 - 2025)

• In-store
• Out-store

Digital Signage Content Category Outlook (USD Million; 2014 - 2025)

• News
• Weather
• Sports
• Health & Wellness
• Vertically Oriented Content

Digital Signage Size Outlook (USD Million; 2014 - 2025)

• Below 32 inches
• 32 to 52 inches
• More than 52 inches

Digital Signage Regional Outlook (USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• Middle East & Africa

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-digital-signage-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Machine Translation Market is expected to record a CAGR of 14.6% From 2012 to 2022

The global machine translation market size is expected to reach USD 983.3 million by 2022, according to a new study by Grand View Research, Inc., exhibiting a 14.6% CAGR during the forecast period. The reinvention of computer-aided translational tools and growth of adaptive machine translation has considerably widened the scope of the machine translation market.

Key players are increasing their focus on developing advanced MT systems to meet growing consumer needs. For instance, Lilt Inc. has launched an adaptive neural machine translation system to use real-time feedback loop and Artificial Intelligence (AI) to boost the productivity of a human translator. Moreover, the technology is expected to offer opportunities to people for communicating and accessing information in a particular language. This system goes beyond Facebook, Inc.; Apple Inc.; and Microsoft Corporation’s product offerings.

Globalization has significantly contributed to addressing the need for linguistically diverse local audiences. Growing importance of businesses in emerging markets, creation of online content, and need for enabling global collaboration among employees is expected to drive market growth over the forecast period.

Need for organizations to localize their content in several languages to capture international markets is expected to bolster demand for MT systems. Adoption of such systems and instant web publishing requirements is further expected to improve user experience by developing multilingual engagement across different content types.

Growing importance of cloud computing has resulted in increasing demand for cloud-based translation tools. Moreover, delivery of Machine Translation Software-as-a-Service (MTSaaS) over secure cloud offerings accommodated in data centers is expected to offer considerable growth opportunities.

The convergence of Translation Memories (TM) and MT is expected to fully integrate workflows. TM store sentences and paragraphs that were previously translated to aid human translators, accelerating translation projects and reducing costs. Furthermore, the industry has gravitated toward the use of Bilingual Evaluation Understudy (BLEU) as a useful measurement of translation quality. BLEU is a method for automatic evaluation of MT, which is inexpensive and language independent.

Full Research Report On Global Machine Translation Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/machine-translation-market

Further key findings from the study suggest:

• The automotive and electronics industries are anticipated to gain substantial market share by 2022 owing to need for timely and accurate translation of large amounts of content in various application segments
• The MT market in automotive applications is expected to value around USD 140 million by 2022
• Existence of a large number of players and government initiatives supporting machine translation has impacted industry growth positively in U.S. Google Inc. and Microsoft Corporation have made SMT technology popular with their free online engines in the country
• Demand for Statistical Machine Translation (SMT) has significantly increased over the past few years, due toits effectiveness over Rule-Based Machine Translation (RBMT) in terms of time and cost
• SMT contributed to more than 65.0% of the overall MT market revenue
• Key players in the industry include IBM Corporation; SDL PLC; Lionbridge Technologies Inc.; Asia Online Pte Ltd.; and Lighthouse IP Group.

Browse More Reports Of This Category By Grand View Research:
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Grand View Research has segmented the global machine translation market report on the basis of application, technology, and region:

Machine Translation Application Outlook (Revenue, USD Million, 2012 - 2022)

• Automotive
• Military & Defense
• Electronics
• IT
• Healthcare
• Others

Machine Translation Technology Outlook (Revenue, USD Million, 2012 - 2022)

• RBMT
• SMT
• Others

Machine Translation Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Canada
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa (MEA)

Access Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-machine-translation-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com