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the global gantry robot market size is projected to grow from USD 3.1 billion in 2020 to USD 4.1 billion by 2025; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.0% from 2020 to 2025. Computerized gantry design and configuration through software has given rise to pre-engineered gantry robots, drastically reducing design and setup time while also facilitating easy maintenance for the end user.
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The roll-to-roll (R2R) printed flexible electronics market is estimated to be valued at USD 7.2 billion in 2020 and is projected to reach USD 18.3 billion by 2025; it is expected to grow at a CAGR of 20.5% from 2020 to 2025. A few key factors driving the growth of this market include development of compact and lightweight electronic devices and circuits using roll-to-roll (R2R) printing
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The global LTE and 5G Broadcast market is expected to reach USD 807 million by 2024 from USD 464 million in 2019, at a CAGR of 11.7% during 2019–2024. Increase in the number of LTE mobile subscription, increase in the penetration of smartphones into the market, and growing video traffic play a significant role in the growth of the LTE and 5G Broadcast market.
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Customer relationship management software is used to automate marketing, sales, and support processes, provide a consistently superior experience to customers, and lower business costs. CRM tools help businesses understand customer needs, predict the moves of prospects, and use this information to enhance profitability. Choosing the right CRM software helps companies improve their offerings and operations across the board.
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Global mass notification systems market is set to witness a healthy CAGR of 18.06% in the forecast period of 2019- 2026. Increasing cloud based MNS deployment and rising demand from energy and utilities vertical are the factor for the growth of this market.
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CRM Software streamlines company interactions, relationships, and analytics with current and potential customers. It helps businesses to organize and access customer data effectively. CRM software acts as a single platform for sales, marketing, and customer support personnel to work together and streamline processes, policies, and people. The key objectives of CRM software include collecting up-to-date customer and prospect information and making sure that interactions with the company are pleasant.
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Mass Notification Systems Solutions are designed to deliver information to groups of people in the form of SMSs (text messages) or emails. A mass notification system improves the safety and security of an organization or other public location by arranging for real-time alerts and instructions during a crisis. With a strong communications infrastructure coupled with high bandwidth, mass notification solutions can deliver thousands of messages at short notice.
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The medical sensors market is estimated to be worth USD 1.2 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 6.8% from 2020 to 2025. The medical sensors industry is expected to witness substantial growth in the next six years, mainly due to the growing geriatric population, increasing demand for home-based medical care, technological advancements in the medical device industry, increasing adoption of IoT-based medical devices and rising expenditure on healthcare across the world.
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[164 Pages Report] The wireless audio device market is projected to grow from USD 57.3 billion in 2020 to USD 134.2 billion by 2025; it is expected to grow at a CAGR of 18.6% from 2020 to 2025. Factors such as surge in the global demand for infotainment devices, rise in use of wireless audio devices in commercial sector, and increased R&D expenditure by OEMs for the development of new and advanced wireless audio devices are fueling the growth of the wireless audio device market.
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