MarketsandMarkets forecast “the geofencing market size is expected to grow from USD 542.7 million in 2017 to USD 1,825.3 million by 2022, at a Compound Annual Growth Rate (CAGR) of 27.5%.” The major factors driving the growth of the geofencing market include penetration of the …
MarketsandMarkets expects the retail cloud market to grow from USD 11.06 billion in 2016 to USD 28.53 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 20.9%. The demand for retail cloud is increasing due to the increasing data volumes being captured, rising …
The shunt reactor market is expected to grow at a CAGR of 4.56% from 2017 to 2022, to reach a market size of USD 3.19 billion by 2022. The major drivers of the shunt reactor market include increasing demand for electricity, upgradation of the aging …