Increasing Demand for High-Quality Displays Drives Near-Eye Display Market

The total value of the near-eye display market was USD 1,709 million in 2022, and it will rise at a growth rate of above 24.40% shortly, reaching USD 9,799 million by 2030, according to P&S Intelligence.

This can be credited to the swift progresses in display technologies including LCD, LED, and OLED; the growing requirement for high-quality displays in an extensive variety of applications; and the rising acceptance of AR and VR devices.

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Near-Eye Display Market Growth & Forecast Report, 2023-2030

The near-eye display market size stood at USD 1,709 million in 2022, and it is expected to grow at a compound annual growth rate of 24.40% during 2022–2030.

Growing Electric Vehicle Deployment Propelling Asia-Pacific Vision Sensor Market

The global vision sensor market revenue stood at $2.5 billion in 2019, and it is predicted to rise to $9.2 billion by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 12.7% from 2020 to 2030 (forecast period). The expansion of the automotive and packaging industries is the biggest factor propelling the sales of vision sensors across the world.

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Vision Sensor Market – Latest Trends and Demand Forecast, 2020-2030

The global vision sensor market is predicted to register a CAGR of 12.7% between 2020 and 2030, reaching $9.2 billion by 2030 from $2.5 billion in 2019. Among all the regions, Asia-Pacific is expected to register the fastest growth during the forecas

Why Software Category Led Contactless Biometrics Market?

A less invasive biometric authentication device will use much less time. Additionally, this will result in lower tensions and happier, less irritated employees.

Because it takes longer to establish a suitable connection with the biometric system when being intrusive, the time, it takes for successful authentication may rise. Due to unsuccessful attempts and improper contact, it can considerably increase friction and discomfort.

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Contactless Biometrics Market Size Share Forecast, 2022-2030

The global contactless biometrics market size was $17,389.2 million in 2021, and it will grow at a compound annual growth rate of 14.6% through 2030.

Robotic Vision Market was Dominated by the 2D Technology

The demand of robotic vision is powering at a rate of 9.50% in the years to come, to touch USD 4,971 million by 2030, as stated by a market research institution, P&S Intelligence.

The growth of the robotic vision market can be chiefly credited to the increasing necessity for inspection of quality, the growing acceptance of cognitive humanoid robots, and the increasing requirement for quality products along with safety in industries.

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Robotic Vision Market Size, Growth & Forecast Report, 2030

The global robotic vision market stood at USD 2,405 million in 2022, and it is expected to advance at a compound annual growth rate of 9.50% during 2022–2030.

Digitalization of Financial Organizations Fueling AI in BFSI Market Growth

The banking, financial services, and insurance (BFSI) sector is shifting from traditional methods to digitalization and deploying artificial intelligence (AI) in mobile banking, cyber security, payments, customer experience, social banking, and branch automation processes for higher operational efficiency.

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AI in BFSI Market | Technology Analysis | Forecast Report, 2019-2024

The AI in BFSI market, estimated at $3,091.9 million in 2018, is expected to advance at a CAGR of 37.2% during the forecast period 2019–2024. Financial organizations are focussed on leveraging from AI, that would be introduced in areas such as mobile