Increasing penetration of IoT-based devices boosts popularity of location-based ambient intelligence, says TMR

According to a new market report the global location-based ambient intelligence market is projected to reach a value of approximately US$497 billion by 2027. According to Transparency Market Research, the market is projected to expand at a compound annual growth rate (CAGR) of about 21% from 2019 to 2027.

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Smart factory market to cross US$155 bn by 2025

Global Smart Factory Market is set to grow from its current market value of more than $75 billion (€66 billion) to over $155 billion (€138 billion) by 2025; according to a new research report by Global Market Insights, Inc.

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