The growing concern for safety by governments and developments in infrastructure are driving the market for vehicle scanners.
Market Size – USD 1,638.8 Million in 2020, Market Growth - CAGR of 5.90%, Market Trends – Rise in terrorist activities worldwide.
Increasing arms race amongst countries, the rise in terrorist activities are driving the demand for the market.
Market Size – USD 20.00 Billion in 2019, Market Growth - CAGR of 3.3%, Market Trends – High demand from countries investing heavily in defence sector.
The rapid proliferation of smartphones and portable devices, very low cost of using over-the-top services with growing tendency towards original content and live video streaming is expected to drive the growth of OTT market, experimentation with new models for content monetization.
Market Size – USD 58.92 Billion in 2020, Market Growth - CAGR of 14.02%, Market Trends – Increasing use of internet technology, increasing adoption of cloud media processing, a high tendency towards social media
Metaverse Market Size – USD 48.12 Billion in 2020, Market Growth – at a CAGR of 44.1%, Market Trends – Presence of number of tech giants and start-ups in North America
