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  The global high performance computing (HPC) market size is expected to reach USD 59.65 billion by 2025 , according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.2% over the forecast period. High-performance computing can be categorized into High-Performance Technical Computing (HPTC) and High-Performance Business Computing (HPBC). HPTC is widely used in fields like science and engineering. It is particularly used by government and defense agencies, educational and research institutions, and incumbents of the manufacturing industry, among others. On the other hand, HPBC is suitable for applications, such as gaming and fraud detection. Logistics companies and providers of financial services, among others, also opt for HPBC. The rising popularity among manufacturing companies, government departments, and defense agencies is particularly driving the growth of the HPC market. In contrast to its related industries like consumer electronics

  The global image recognition market size is expected to reach USD 109.4 billion by 2027 , according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 18.8% from 2020 to 2027 . Image processing and recognition have evolved with numerous powerful applications, such as security and surveillance, and medical imaging that have created a great value from a business perspective. Functions of figure identification, such as facial or object recognition, visual geolocation, barcode reading, and automated driver assistance, among other industrial automation-related functions, have demonstrated the versatility of this technology. When combined with AI, this technology has begun to create valuable growth opportunities in several verticals, such as gaming, social networking, and e-commerce. For instance, Twitter and Facebook, two major platforms in the world of social networking, have benefited from the technology in terms of audience engagement as they

  The global two wheeler hub motor market size is expected to reach USD 16.9 billion by 2027 , expanding at a CAGR of 9.7%, according to a study conducted by Grand View Research, Inc. Increasing demand for electric two-wheelers and stringent government regulations for reducing the carbon footprint is projected to market growth. Furthermore, improved vehicle performance, reliability, and driving range are some factors that are projected to influence the demand for hub motors over the next seven years. The increasing rate of environmental degradation through vehicular emissions has become a key concern for governments across the globe. Therefore, several governments are taking steps to promote the shift from traditional vehicles to eco-friendly transportation. Hence, the government has announced incentives on road tax, purchase tax, import tax, and low or zero registration fee for electric two-wheelers for both manufacturers and end-users. Moreover, substantial investments from autom

  The global mammography workstation market size is expected to reach USD 198.5 million by 2027 , expanding at a CAGR of 7.0%, according to a new report by Grand View Research, Inc. Rising geriatric population and continuous technological advancements are the factors driving the market. Increasing government screening programs and the rising awareness about mammography are the factors expected to boost the market during the forecast period. Technological advancements in the field of mastography workstations and the advent of artificial intelligence and machine learning are transforming the market. Furthermore, rising research and development activities and an increasing number of product launches are also aiding market growth. Many players in the industry are focusing on the development of next-generation mastography workstations to resolve the challenge of overlapping tissue structure by producing the 3D volume of the breast. Furthermore, increasing investment by government and pr

  The global contrast enhanced ultrasound market size is estimated to reach USD 1.9 billion by 2027 , expanding at a CAGR of 3.5%, according to a new report by Grand View Research, Inc. Introduction of affordable dyes, increasing sonography procedural volume, and contrast imaging modes becoming an integral feature of ultrasound systems are the prominent factors driving the market. The increasing prevalence of cardiovascular diseases, liver lesions, renal lesions, gastrointestinal diseases, and vascular diseases globally is anticipated to boost the market growth, as these are major areas of clinical application of Contrast-enhanced Ultrasound (CEUS) systems. The presence of several potential benefits in CEUS such as being completely radiation-free, quick, cost-efficient, and patient-friendly, in comparison to the contrast-enhanced CT/MRI, is expected to propel the growth of the market. Increasing approvals of CEUS by regulatory bodies for new indications are expected to propel t

  The global subcutaneous drug delivery devices market size is expected to reach USD 46.6 billion by 2027 , expanding at a CAGR of 10.4%, according to a new report by Grand View Research, Inc. The increasing prevalence of chronic conditions combined with regular medicine administration to relive disease symptoms has enhanced the demand for in-home drug administration devices. As per the Centers for Disease Control and Prevention (CDC), in 2018, about 54.4 million adults, amounting to 22.7% suffered from arthritis, fibromyalgia, gout, or lupus in the U.S. The CDC further stated that by 2040, an estimated 78.0 million adults accounting for 26.0% will be diagnosed with arthritis. In addition, a rising number of biologic medicine approvals for the treatment of life-threatening conditions in patients requiring large dose volumes or extended delivery periods accelerate the demand for subcutaneous drug delivery devices. According to the study published by Informa U.K., in February 2020  

  The global software defined radio market size is expected to reach USD 39.6 billion by 2027 , registering a CAGR of 8.7% from 2020 to 2027 , according to a new report by Grand View Research, Inc. Software defined radio (SDR) continues to evolve technologically as it helps in the transmission and reception of long-range signals with high frequency. It provides advantages while addressing issues pertaining to the limitations of spectrum and wireless communications. Moreover, technologies have matured, which are now enabling software defined radio implementations that have wide bandwidth applications delivering high-quality services. Military modernization activities carried out in several countries such as U.S., Japan, Germany, South Korea, and Australia with a focus on enhancing their communication systems are expected to drive the SDR market growth over the forecast period. In order to ensure business continuity amidst the COVID-19 crisis, business organizations, especially in hig