Projected to grow at a CAGR of over 16%, wires and cables market is expected to witness significant growth over the forecast period owing to growth across the power transmission & distribution sector.
The business process management (BPM) software market is anticipated to witness significant growth on account of growing demand for business process automation.
The DSL network equipment market is expected to grow significantly over the forecast period owing to the increase in the number of internet users globally. Moreover, as the internet service providers are growing rapidly in terms of subscriptions
The global integrated systems market is expected to witness substantial growth over the forecast period on account of the consumer demand for abridged deployments and less standalone solutions.
The global LiDAR market was valued at approximately USD 260 million and it is projected to grow at an approximate CAGR of over 12% over the forecast period of 2016 to 2024.
Cloud-RAN (Radio Access Network) is also known as centralized-RAN or C-RAN. It facilitates the expansion of mobile networks by addressing issues pertaining to their capacity and coverage. C-RAN reduces operational expenses and offers better network security. It also makes the network agile and flexible. Apart from these, Cloud-RAN also enables software control and management, and network self-configuration.
The increasing need for appropriate & protected data storage & administration digital age is expected to increase the demand for personal and entry level storage (PELS) systems which is going to expel the market growth. The global PELS market is projected to increase at lucrative pace with the growing amount of data and complication in managing it. Increasing concerns about data security, backup and storage are also going to significantly impact the PELS market over the forecast period.