Touch Interfaces

• The industry value of unmanned aircraft systems (UAS) in India is projected to touch $885.7 million by 2021, while the global market size is expected to reach $21.47 billion.
• Generic players increasing focus on semi-regulated markets India's pharma exports to semi-regulated markets are expected to post 5-6% CAGR over the next five years to touch ~ $9 billion in fiscal 2025, as players eye growth opportunities in newer markets with low generic penetration.
• As of 2019, the online food and grocery market in India accounted for merely 0.2% of the total market but it is expected to reach 1.2% to touch USD 10.5 billion by 2023.
• The market size for IoT solutions is poised to touch USD 1.6 trillion by 2025.
• The DLT market based on blockchain is expected to reach $60.7 billion by 2024.
• Adoption of Drone / UAV is increasing in India and it is projected that the value of industry and market would be around US$ 885.7 million, while the global market size will touch US$ 21.47 billion by 2021.
• By 2030, global spending in construction is expected to touch $17.5 trillion, with China, the United States and India leading the way and accounting for 57 percent of all global growth.
• The medical cannabis market is expected to keep developing quickly in 2021 and beyond, despite the inevitable hurdles raised by the Covid-19 pandemic and resulting global recession.
• Growth in the AI health market is expected to reach $6.6 billion by 2021-which is a compound annual growth rate of 40%.
• China has touched 840 million subscriber base and will be 1 billion at the end of 2020, with superior speed, whereas India has only touched 600 million broadband subscribers.
• The market growth of package boiler is expected to gain enormous demand over the forecast period owing to the rising demand for a renewable source of energy.
• Technology like Amazon Alexa for Business, for example, could become a new interface and remove the need for physically pushing a button or touching a surface in an office.
• The global market is forecast to add an average onshore wind capacity of 54.28 GW annually through 2025, with cumulative installations expected to reach 954.47 GW in 2025.
• The global AI market is expected to touch $118.6 billion by 2025, and the innovation in the arena of AI is gaining momentum.
• The logistics sector in India is expected to touch $215 billion by the end of 2020.
• Today's Indian Online gaming industry is growing at a healthy rate of 22%, and its revenue is expected to touch $1 billion by the end of 2020.
• Today, 171 million people are using VR technology; The combined market of AR/VR is expected to reach $16.8 billion in 2019; VR gaming revenue is forecast to touch $22.9 billion by 2020.
• The global VTOL UAV market was valued USD 3.15 MN (by revenue) in 2017 and is projected to touch USD 10.16 Billion by 2024 with a CAGR of 18.1%.
• Tthe Global Pressure Switch Market had a value close to USD 1.9 BN in 2019 and is expected to touch USD 2.6 BN by 2026.
• The emergence of soft actuators and its rising demand across various parts of the world is giving rise to growth opportunities in the smart exoskeleton market.
• The Hyper Intelligent Automation (HIA) spend by enterprises is expected to grow by a CAGR of 55% through 2025 and touch a staggering USD 42 Billion.
• The global exoskeleton market size is anticipated to reach USD 4.2 billion by 2027, expanding at a CAGR of 26.3% over the forecast period.

Last updated: 17 January 2021