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Building AI solutions today for scalable success tomorrow Research from Goldman Sachs shown at the opening reception predicts nearly $2 trillion in spend on AI by 2030. Ingram Micro has such a large data set because of how many of us exist in this ecosystem,” Mize said. “I
billion in 2020 to 200 billion in 2030, says Frost & Sullivan. March 4, 2021 – Frost & Sullivan’s recent analysis, Future of Connected Living , reveals that the device-to-person ratio will exceed 20 to 1 by 2030 as the world enters the era of hyperconnectivity and catapults organizations’ digital transformation. .
To learn more, please access: Growth Opportunities in the BaaS Market, 2024-2030 and Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024-2030 , or contact sathyanarayanak@frost.com for information on a private briefing.
As companies across consumer segments jump on this trend to expand their reach, the metaverse will become a nearly $750 billion market opportunity by 2030. Expand the services model beyond traditional capabilities and provide clients with unique revenue models in the metaverse as services will play a crucial role in the metaverse ecosystem.
By 2030, projections suggest that over 25 million Chinese electric cars will be sold annually, marking a monumental growth trajectory. Here are some of the key areas we explore: Seizing Growth Opportunities for Chinese Electric Cars How can you capitalize on the immense opportunities in a rapidly evolving EV ecosystem?
Advanced excavators and loaders are essential for infrastructure development, especially in rapidly urbanizing developing nations, offering lucrative growth opportunities for ecosystem players. The post Revealed: Growth Opportunities in the Excavators and Loaders Industry, 2024-2030 appeared first on Frost & Sullivan.
Click here to explore our expert analysis, Pressure Sensitive Adhesive Market, Global, 2024-2030 Debondable Adhesives Circular Economy Integration : Industries are adopting debondable adhesives to facilitate recycling and reuse, promoting sustainability across electronics and medical applications.
The lithium-ion battery materials ecosystem is becoming increasingly competitive as manufacturers race to meet the growing demand for electric cars and energy storage systems. Projected Material Shortages by 2030: Key materials like cobalt, lithium, and nickel are expected to face deficits ranging from 90% to 135% by decade-end.
The Renault, Nissan Motor Co, and Mitsubishi Motors Corp Alliance recently revealed their 2030 roadmap anchored in a shared vision of sustainability, electrification, and intelligent and connected mobility. The scale and scope of the 2030 roadmap is massive. It’s bold but is it enough? Five Common Platforms, 35 New EV Models.
With the EU committed to more than halving its GHG emissions by 2030, it has become imperative for automakers to balance revenues with regulatory compliance, and economics with environmental considerations. In order to pursue this objective, there are plans to operate about 6 battery giga factories in Europe by 2030. 3 GTX, and the ID.2
China is a key participant in the global EV ecosystem: Europe : 1.7 The automotive hotspot’s connected vehicles ecosystem now rivals North America’s, with an expanding network of cities offering robo-taxi services, and passenger vehicles with digital interfaces. million EV units (2023) North America : 1.46 annual growth rate.
According to Frost & Sullivan, the shared mobility market barely registered in 2021, but by 2025, there will be around 33,000 robotaxis and 16,000 shuttles, and by 2030, and there will be 204,000 shuttles, and 595,000 robotaxis. Shared Partnership Ecosystem. Why is Europe Moving Quickly?
Given these numbers, the country is expected to have around 68 cities with population of more than 1 million by 2030. Components system parts of the smart city ecosystem are independently managed and evolve on their own. Component systems are acquired by separate program offices and run by separate operation units.
Our research projects global diesel penetration in the heavy-duty trucking industry to reduce to almost 60% from current levels of 93% by 2030. Step Towards Developing a Favorable Hydrogen Ecosystem. In turn, this will require coordinated efforts between governments and the private sector to develop a favorable hydrogen ecosystem.
The theme for World Environment Day – 5 th June 2021 is ecosystem restoration and the day will also celebrate the launch of the United Nations Decade on Ecosystem Restoration 2021-2030. In the aviation sector of the transport segment, the decarbonisation efforts will rely on hydrogen-based fuels and biofuels.
million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. A Booming eMobility Aftermarket is Expected Emerge by 2030. However, Frost & Sullivan estimates this will expand to 32 GWh of retired battery capacity by 2030. GWh due to low BEV sales in the early 2010s.
billion by 2030, surpassing the pre-pandemic level by 2025. From a regional perspective, Asia-Pacific is expected to remain the largest revenue contributor in 2030, while North America will be the fastest-growing region. For further information on this analysis, Global Airline Digitalization Growth Opportunities, please visit: [link].
Which industry best practices is your organization implementing to unlock success in the dynamic commercial and public security ecosystem? billion globally by 2030. This urgency is highlighted by the staggering rise in spending on Operational Technology (OT) cybersecurity solutions, soaring from $5.27
To help you navigate this evolving ecosystem and capitalize on these opportunities, Frost & Sullivans growth experts have identified 10 strategic imperatives for success in 2025. Immense growth potential. Explore them below. Are you ready to leverage top automotive trends for 2025 to secure your competitive edge?
billion in revenue by 2030 from $8.15 China will remain the largest market in terms of revenue potential for digital grid solutions through 2030. As a result, the market is likely to garner $9.21 billion in 2020, an uptick at a moderate compound annual growth rate of 1.2%.
Accounting for the need to have both near-term and long-term visibility, monthly data intelligence updates are backed with forecast projections till 2030. As disruption sweeps across the mobility ecosystem, stakeholders need to remain competitive, become more agile, and make more focused future investments.
The post Which growth opportunities will enable providers to future-proof revenue pipelines in the global business telephone ecosystem? This implies that offering devices that solely provide telephony services is no longer adequate to sustain provider growth. appeared first on Frost & Sullivan.
Venkatesan added: “Additionally, the manufacturing industry will increasingly rely upon an ecosystem of technology experts, system integrators, and service enablers to achieve agility and customization. In fact, more than 45% of manufacturing applications are expected to implement robotics-as-a-service (RaaS) by 2030.”.
The global fuel cell trucks market is estimated to register 142,858 unit sales by 2030 , with China accounting for 63.9% of total global sales. Regional governments and energy departments are encouraging fuel cell truck adoption through incentives, tax credits and funding.
billion in 2030. Major shared mobility players like Grab and Gojek have leveraged their super apps, massive existing customer base, well-known brand, and user dependence to rapidly achieve value chain integration of restaurant/catering merchants and consumers while creating a seamless ecosystem. over 2021-2030.
To date, VMware Blockchain has helped large financial services companies launch new ecosystems that drive net new growth opportunities and standards for the entire industry. These new ecosystems are transacting volume greater than the entire crypto market combined. For more information, please visit www.vmware.com/company.
In a free-flowing discussion, Herbert Diess, CEO of VW, and Francesco Starace, CEO of Enel, emphasized the need for green/clean energy in driving energy transitions in the mobility ecosystem. Frost & Sullivan expects Battery Electric vehicles (BEVs) to account for 30% of Global Light Vehicle sales by 2030.
The growth and scope of AI in computer vision Bavoso cites a report from Kings Research, predicting a significant compound annual growth rate (CAGR) of over 37% in the AI computer vision market by 2030, indicating a robust growth trajectory. Further reading: Will Generative AI Revolutionize MSP Security?
billion by 2030. With inputs from Amrita Shetty, Senior Manager – Communications & Content, Mobility The post Ecosystem Collaborations will be Pivotal if Kick Scooter Sharing Services Market is to Overcome Safety Concerns appeared first on Frost & Sullivan.
MSPs are at the forefront of the continuously evolving IoT ecosystem, seizing the opportunity to expand their service portfolios and meet the growing demand for managed IoT solutions. The number of connected devices is expected to reach 29+ billion by 2030. One significant challenge is the complexity of IoT ecosystem integration.
Experts pegged the market to be worth €250 billion by 2030. The need to find reuse, recycle and remanufacturing solutions gain urgency when one realizes that over 1 TWh of installed batteries will need to be recycled by 2030. Product remanufacturing, design and inspection were identified as crucial to the development of the ecosystem.
Beyond 2030, AR and VR will merge, allowing users access to the total reality-virtuality continuum. Its ability to connect 1 million devices for every square kilometer will make 5G the backbone for UI devices and overall connected ecosystems.”. The global augmented/virtual reality (AR/VR) market is expected to reach $661.40
Surging investments target 200,000 fuel cell electric vehicle (FCEV) units by 2030. Infrastructure investments in hydrogen refueling stations, proactive government support in the form of subsidies, incentives, tax credits, and progressive regulatory policy are fast-tracking the development of the nascent hydrogen ecosystem.
These insights led Decathlon in September 2019 to launch a year-long exercise to co-create a new vision called Vision 2030 that would address the deficiencies of Vision 2026. Halfway through the Vision 2030 co-creation process, Covid-19 hit.
Embracing this new era of digital growth means intentionally crafting online experiences that mesh clever tech with warm, relatable moments—creating a more harmonious, people-centric digital ecosystem. Your role in this digital ecosystem is pivotal. Engage by sharing insights while staying relevant to the topic at hand.
million by 2030 in North America and Europe. From 2023 to 2030, eScooter sharing is anticipated to outpace bike-sharing revenues, potentially accounting for 60% of the micromobility market. By 2030, North America’s micromobility fleet is expected to represent only 21% of Europe’s, indicating room for significant expansion.
The global push towards decarbonizing transport, efforts at realizing affordable production, and a fast-evolving ecosystem are poised to open up exciting growth opportunities for hydrogen powered, fuel cell electric vehicles (FCEVs) in the passenger vehicles segment. of global passenger sales by 2030.
billion by 2030. As the share of utilities’ budget for digital solutions continues to increase to support grid modernization and grid-hardening initiatives, so does the interest of ecosystem players to develop robust interoperable digital platforms to advance in the energy transition. The Rise of Energy Services.
Be it agrochemical solutions or wellness segments like hair care and nutraceuticals, this ecosystem is witnessing competitive intensity, rising demand, and a growing emphasis on sustainability and digitalization. for microbial-derived proteins for the 2022 to 2030 timeframe. for sweeteners to an impressive 8.8%
Considerable planning and execution are required to simultaneously develop a complete ecosystem around EVs, which India is currently lacking. of the total two-wheelers sold in India, and by 2030, it is estimated that EVs will contribute to over 52% of the sales. The supply of electricity isn’t consistent in many parts of India.
million units by 2030. To learn more, please access: Growth Opportunities in China’s Electric Vehicle Industry, 2024-2030 , Strategic Profile of BYD , ASEAN Automotive Market Outlook, 2024 , or contact sathyanarayanak@frost.com for information on a private briefing. As a result, the EV market is projected to surge from 8.9
billion by 2030, operators are shifting their focus from expansion to profitability. Moreover, carsharing is poised to become an integral part of Mobility as a Service (MaaS) platforms, further embedding it into the urban mobility ecosystem and enhancing its appeal to city dwellers. billion in 2023 to $9.79
The recent partnership between German auto giant, BMW, and leading cloud computing solutions provider Amazon Web Services (AWS) underlines the critical need for effectively handling, processing, managing, and protecting vehicle data at a time when the automotive ecosystem is being transformed by C.A.S.E.
It detailed a vision that encompassed “an entire hydrogen energy ecosystem” over the long-term and commercialization of green hydrogen production technologies over the shorter term. Turkish car manufacturer, Togg, showcased its new sedan model T10F, and targets a delivery of one million units to Europe by 2030.
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