Blog Posts

According to the International Data Corporation (IDC), growth in global IT spending is likely to reduce by 3-4 per cent by the end of 2020, owing to the pessimistic business ambience due to the outbreak of the pandemic.

The IoT device management is the process of authenticating, provisioning, configuring, monitoring, and maintaining the device firmware and software that provides its functional capabilities. This creates a high demand for the IOT device management market.

The global HVAC system market size is projected to reach USD 207 billion by 2026, according to a recent study, thereby registering a CAGR of 6 per cent over the forecast period [2020-2026].

Signify Holding, based in Netherlands, is an industry leader in the Global Light Control Switches Market space. The market experience and brand name has allowed it to capitalize on the fundamental market dynamics in the lighting industry and deliver innovative solutions that create value and ensure its growth.

The global inverter market is estimated to grow from USD 12.8 billion in 2020 to USD 27 billion by 2026. The global inverter market is expected to record compound annual growth rate of 15 per cent from 2020 to 2026.

The Covid-19 was first identified in China’s Hubei province on 31 December 2019 and has gradually become a global health threat, impacting 140 countries and compelling the World Health Organisation (WHO) to declare it a global pandemic.

The global food and beverage industry typically includes various online food chains and offline food chains. The food and beverage industry constitutes the companies that are working in processing raw food materials, packaging, and distribution (including prepared foods and packaged foods, along with alcoholic and non-alcoholic beverages).

The global biodefense market size was valued at USD 5.47 billion in 2018 and is projected to expand at a CAGR of 4 per cent during 2020-2026. Expanding governmental initiatives aimed at enhancing the preparedness against CBRN threats is an important factor driving the market.

The global chemicals & advanced materials industry is likely to realize the adverse impact of the coronavirus (COVID-19) pandemic from every direction. Not only would supply chains be disrupted by the outbreak of this virus in key regions, but also demand might fall due to the uncertainty in the global economy and capital markets.

The entire world has united to fight one common enemy- the COVID-19. It seems like a war that we are fighting but against an unknown enemy without being equipped with any arms and ammunitions. Here, absolutely no barriers or boundaries can stop this enemy and it has affected more or less intensely to almost all the countries globally.