Mounting Government Focus on Vehicle Safety Fueling Connected Trucks Demand

The European Union (EU) mandates the inclusion of alcohol interlock installation facilitation solutions, distraction recognition/prevention features, event (accident) data recorders, emergency stop signals, intelligent speed assistance systems, tire pressure monitoring systems,...
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Why Are Automakers of APAC Using Semiconductors in Advanced Driving Systems?

The International Energy Agency (IEA) forecasts that the stock of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) in China will reach 38,570,612 units (cars) and 13,483,273 units (cars), respectively, by 2030. The IEA also predicts that the stock of BEVs (cars) and PHEVs (cars) in India will reach 7,279,298 units and 941,381...
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Strict Blood Contamination Policies Adding Wings to Blood Screening Demand

 The implementation of strict regulations and policies regarding blood contamination is pushing up the demand for blood screening technologies across the globe. As per the World Health Organization (WHO), 123 countries implemented regulations regarding coordinated blood...
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Huge Growth Expected in Genomics Market in Future

The soaring investments being made by the governments of various countries in the field of genomics are fueling the surge in the popularity of genomics across the world. For example, the Indian government announced in 2019 that the country would initiate the development of its...
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What Effect Insurance Purchase Has on Worldwide Healthcare Industry?

Along with food and housing, good health is one of the most critical aspects of a happy life. With the rapid surge in population, the prevalence of various diseases has also increased, which, in turn, has raised the demand for healthcare services around the globe. As a result,...
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Vehicle Owners Opting for Usage-Based Insurance Models to Get Fair Premium Quotes

Usage-based insurance refers to a type of vehicle insurance that leverages in-vehicle communication systems to track vehicle mileage and monitor driving behavior. Thus, the burgeoning sales of telematics-equipped automobiles and mounting demand for connected car services will...
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Surging Internet Penetration Fueling Demand for OTT Services

With the increasing penetration of the internet and smartphones, the popularity of over-the-top (OTT) services is soaring sharply across the world. According to the World Bank, around 49.0% of the people all over the world had access to the internet in 2017. Furthermore, the...
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