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The global Electronic Toll Collection (ETC) Market size was valued at USD 7.68 billion in 2019 and is predicted to reach USD 18.46 billion by 2030 with a CAGR of 8.3% from 2020-2030.
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The Smart Cards Market is predicted to reach USD 20.51 billion registering a CAGR of 5.1% till 2030. The increasing adoption of smart cards in government IDs, as well as the widespread application of chip cards in retail services that provide encryption and security, are expected to drive the smart cards market during the forecast period.
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According to a recent study conducted by Next Move Strategy Consulting, the global Brain Computer Interface (BCI) Market is anticipated to reach a valuation of USD 5.99 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 15.9%. The market is propelled by the increasing adoption of BCI, not only in the healthcare industry but also in the gaming sector, driven by innovative collaborations and technological advancements.
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The global Virtual Reality (VR) Market size is predicted to reach USD 192.99 billion by 2030 with a CAGR of by 2030. Virtual Reality (VR) is animmersive technology that simulates a three-dimensional, computer-generated environment, enablingusers to interact with and explore a digital world.
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According to a comprehensive study conducted by Next Move Strategy Consulting, the global 5G Technology Market, valued at USD 5.53 billion in 2020, is set to soar to an impressive USD 620.72 billion by 2030. This remarkable growth is projected to occur at a compelling Compound Annual Growth Rate (CAGR) of 58.6% from 2020 to 2030.
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According to a recent study conducted by Next Move Strategy Consulting, the global Infrared Detector Market is projected to achieve substantial growth, reaching a valuation of USD 806.0 million by the year 2030. The market is anticipated to register a commendable CAGR of 5.3% during the forecast period.
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The global Smart Cities Market is predicted to reach USD 1380.21 billion with a CAGR of 12.1% till 2030. There has been an increasing need for better management of natural resources in order to ensure environmental sustainability. This, along with rising urbanization and numerous government initiatives for the improvement of digital infrastructure are factors driving the growth of smart cities market.
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The 2023 valuation of the worldwide Fast Attack Craft (FAC) Market stood at $4 billion, and projections indicate it will attain $6 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8% from 2024 to 2030. The escalating emphasis on maritime security, combined with the necessity for rapid responses to evolving threats, has fostered an increasing need for fast attack crafts.
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Next Move Strategy Consulting, a leading market research firm, has released a comprehensive study projecting the global Retail Automation Market to reach a value of USD 33.02 billion by 2030, with a CAGR of 11.67%. The report, which analyzes market dynamics, trends, competitive landscape, and geographical insights, highlights the significant factors driving and restraining market growth.
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The global Space Robotics Market is projected to reach USD 7.11 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.2%. The market's expansion is driven by the rising demand for global geostationary satellites (GEO), including communication, weather, and navigation satellites, which utilize robots for tasks like servicing and refueling.
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