ReleaseWire Connect

As per the report "Automated Fare Collection System Market by application (Bus, Toll, Train and Car rental), by component (Software & Services, hardware) by technology platform (Smart card, NFC, OCR, and Others), by geography (North America, Europe, Asia Pacific and Rest of World), Global Opportunity Analysis and Industry Forecast, (2016–2024)," The global Automated Fare Collection market was valued at $4.81 billion in 2016, and is projected to reach $12.9 billion by 2024, growing at a CAGR of 13.3% from 2017 to 2024. By application type, Bus segment, generated the highest revenue share of $1.28 billion in 2016, growing at a CAGR of 13.6% in the global AFC market. Among major regions, North America AFC market was the highest revenue generating market valued at $1.6 billion in 2016.

As per the report "Intelligent Virtual Assistant Market by Technology (Speech Recognition, Text-to-speech), by Industry Verticals (Automotive, Cement, Healthcare, BFSI, Retail/e-commerce), Industry trends, Estimation & Forecast, 2016 - 2024," the Global Intelligent Virtual Assistant Market was valued at $1.1 billion in 2016, and is projected to reach $11.9 billion by 2024, growing at a CAGR of 34.8% from 2017 to 2024. In 2016, Speech recognition technology segment held the largest share of the global IVA market. Among the major regions, North American IVA market was the highest revenue generating market valued at $157 million in 2016.

As per the report "Hyperscale Data Center Market by Application (IT and telecom, BFSI, Government utilities, Healthcare, Energy, Manufacturing),by User Type (Cloud providers, Colocation, Enterprises), by Component (Servers, Networking), Industry trends, Estimation & Forecast, 2016 - 2024," the global Hyperscale Data Center Market was valued at $23.4 billion in 2016, and is projected to reach $104.8 billion by 2024, growing at a CAGR of 20.7% from 2017 to 2024. In 2016, Server Component segment held the largest share of the global Hyperscale Data Center market. Among the major regions, North American Hyperscale Data Center market was the highest revenue generating market valued at $8.4 billion in 2016.

As per the report "LIDAR Market by Product (Terrestrial/Static, Aerial, Mobile, Short-range), and By Application (Corridor mapping, Seismology), Industry Trends, Estimation & Forecast, 2016-2024", the global LIDAR market was valued at $332.2 million in 2016, and is projected to reach $1.4 billion by 2024, having a CAGR of 21.4 % from 2017 to 2024. In 2016, Aerial LIDAR technology lead the market garnering a revenue of $182.5 million and growing with the highest growth rate, having a CAGR of 17.4% during the forecast period. Among major regions, North America leads the market having the highest market share of $154.8 million; however, the highest growth rate would be experienced by Asia Pacific growing with a rate of 28.2 % during the forecast period.

As per the report "Managed Security Services Market By Application (IPS & IDS, Distributed denial of services, Unified threat management, Secured information & event, Endpoint security, Firewall management), By Deployment mode, Cloud based, On premise), Estimation & forecast, 2016 - 2024."The global managed security market was valued at $16.6 billion, and is projected to reach $56.3 billion by 2024, growing at a CAGR of 16.6% from 2017 to 2024. In 2016, cloud based deployment mode held the largest share in global managed security market. Among major regions, North American managed security market was highest revenue generating market and anticipated to grow at a CAGR of 15.1% for the forecast period.

As per the report "RFID Tags Market By Type (Active RFID and Passive RFID), By Frequency (High-Frequency RFID, Low-Frequency RFID and Ultra-High Frequency RFID), By End User (Healthcare, Retail, Electronics, Logistics and Supply Chain, Transportation and Other (Security and Surveillance, Defense, Agriculture, IT, etc.), Industry trends, Estimation & Forecast, 2016 - 2024," The global RFID Tags market was valued at $4.6 billion in 2016, and is projected to reach $13.65 billion by 2024, growing at a CAGR of 14.5 % from 2017 to 2024. By type, Passive RFID, generated the highest revenue share of $3.25 billion in 2016, growing at a CAGR of 13.8% in the global RFID Market. Among major regions, North America RFID tags market was the highest revenue generating market valued at $1.88 billion in 2016.

As per the report "Rigid Packaging Market BY Material Type (Metal, Plastics, Paper & Paperboard, Glass and Others), By End-user (Food and Beverages, Pharmaceuticals, Durable goods, Cosmetics, Industrial packaging and Others), Industry Trends, Estimation & Forecast, 2016 - 2024", The global rigid packaging market was valued at $498.1 billion in 2016, and is projected to reach $786.1 billion by 2024, growing at a CAGR of 5.9% from 2017 to 2024. In 2016, the plastic material segment generated the highest revenue share in the global rigid packaging market. Among major regions, Asia-Pacific rigid packaging market was the highest revenue generating market valued at $203 billion in 2016.

As per the report "Commercial Drone Market By Product Type (Fixed wing, Rotary blade, Nano, Hybrid), By Application (Agriculture, Energy, Government, Media & Entertainment, Product Delivery & others), Industry trends, estimation & forecast, 2016 – 2024", the global commercial drone market was valued at $1.0 billion in 2016, and is projected to reach $3.6 billion by 2024, growing at a CAGR of 17.5% from 2017 to 2024. In 2016, the government segment generated the highest revenue in the global commercial drone market. Among major regions, North America was the highest revenue generating market valued at $472 Million in 2016.

As per the report "Global Food Safety Testing Market, by contaminant tested ( Pathogens, GMO, Pesticides), by technology (conventional and unconventional), Industry Trends, Estimation & Forecast, 2016-2024" , the global food safety testing market was valued at $12.14 billion in 2016, and is projected to reach $21.43 billion by 2024, growing at a CAGR of 7.4% from 2017 to 2024. In 2016, the pathogen testing segment generated the highest revenue share in the global food safety testing market. Among major regions, North American food safety testing market was the highest revenue generating market valued at $4.5 billion in 2016.