Digital technologies are shaping the future of healthcare into an on-demand, affordable, and at-ease service. As the online healthcare marketplace makes it easy for patients to connect with physicians of required expertise at their own place and time, the new-gen healthcare devices in-turn provides physicians remote health status for efficient diagnosis.
With the increasing usage of electronics in automobiles for safety control, communication & infotainment, power train, and body electronics, the number of electronic control units (ECU) is increasing as well.
With the cost of data reducing rapidly and increasing the need for digitization, the global data generation is witnessed to take a new shape. The total amount of data created and duplicated globally is projected to cross over 150 Zettabytes (ZB) by 2024, over 2.52 times higher than in 2020.
With an increasing need for a connected lifestyle, the global IoT industry is expected to have 50 Bn. connected devices by the end of 2030.
Global power demand is projected to cross over 700 quadrillion BTUs by 2030 and industries are going to be major consumers with over 35% of the energy production.
Technology disruption has impacted our lives as it has never before and one such innovation is home automation. Home automation has evolved from smart appliances that have led to the development of integrated smart homes. It consists of four functional segments: lighting, security, audio/video & heating, ventilating & air conditioning (HVAC). The global smart homes
India’s appliance and consumer electronics market is projected to double to reach $21.8B by 2025. The production of consumer electronics contributes to over 17% of total electronics produced in India.
Smart meters are truly a modern solution to the power sector and can play a pivotal role in improving the financial health of the Power Distribution Companies (DISCOMs). Smart meters can unlock a series of capabilities that improve billing efficiency such as automated remote billing services, outage reporting, flexible with time-of-use tariffs.
Drones were originally designed for military applications. In recent times, they're being deployed in a wide range of civilian roles ranging from search and rescue, surveillance, traffic monitoring, weather monitoring, fire-fighting, etc.
Owing to rapidly evolving emission standards and the rise of fuel prices between 8 to 15%, the acquisition and operating cost of electric vehicles (EV) is expected to produce a downtrend of up to 4% for commercial EVs.