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Inkwood Research estimates that the Global Audio Codec Market is set to register a CAGR of 5.60% in terms of revenue during the forecasting years of 2021-2028. “Browse 53 Market Data Tables and 50 Figures spread over 218 Pages, along with an in-depth TOC on the Global Audio Codec Market Forecast 2021-2028.” To know more about this report, request a free sample copy.   Audio codecs are characterized as essential elements in sound systems as well as associated equipment. An audio codec entails a computer program or device capable of decoding and encoding a digital data stream that predominantly encodes and decodes audio. In terms of software, audio codes include computer programs that implement an algorithm, compressing and decompressing digital audio data as per the audio file or streaming media’s audio coding format. Surging Usage of Smartphones to Facilitate Market Growth While nearly 3668 million people utilized smartphones in 2016, this figure reached 6378 million in 202

According to the projections put forth by Inkwood Research, the Global Data Center Colocation Market is anticipated to register a CAGR of 15.87% in terms of revenue during the forecasting years of 2021-2028. “Browse 48 Market Data Tables and 42 Figures spread over 185 Pages, along with an in-depth TOC on the Global Data Center Colocation Market Forecast 2021-2028.” To know more about this report, request a free sample copy. Data center colocation is a service offered by organizations providing enterprise businesses with a shared, secure space for storing data and other equipment. The enterprise customer interacts with the colocation firm in a manner similar to a rental relationship with a property manager, through which customers rent storage space within the facility. Often, the equipment, including servers as well as other hardware, is provided by the customer. Cost Advantages to Propel Market Growth Increased competition among industry verticals restricts the annual expend

According to the estimations put forth by Inkwood Research, the Global Graphic Processing Units (GPU) Market is set to record a CAGR of 33.32% in terms of revenue during the forecasting period of 2021-2028. “Browse 53 Market Data Tables and 48 Figures spread over 226 Pages, along with an in-depth TOC on the Global Graphic Processing Units (GPU) Market Forecast 2021-2028.” To know more about this report,  request a free sample copy.   A Graphics Processing Unit (GPU) is an electronic circuit or chip that renders graphics for display on electronic devices. It is best known for providing smooth graphics in modern videos and games. It was originally designed to accelerate the rendering of 3D graphics. Adoption of Portable Computing Devices propels Market Growth The use of mobile devices like smartwatches, GPS, laptops, and smartphones is on the surge. For instance, according to the Pew Research Center, over 5 billion people have mobile devices. In addition, half of these are sm

According to the estimations put forth by Inkwood Research, the Global Environmental Monitoring Market is estimated to grow with a CAGR of 7.64% in terms of revenue during the forecasting period of 2021-2028. “Browse 53 Market Data Tables and 47 Figures spread over 225 Pages, along with an in-depth TOC on the Global Environmental Monitoring Market Forecast 2021-2028.” To know more about this report,  request a free sample copy. Environmental monitoring is characterized as the process of identifying, establishing, and analyzing metrics for environmental variables for quantifying the impact of different activities on the environment. The process enables pollution levels to be regulated, in addition to trends being recognized. Moreover, it also constitutes monitoring the quality of soils, water, air, and noise. Surging Pollution Levels to Facilitate Market Growth The widespread incidence of environmental pollution started with the emergence of the industrial revolution. As popul

Inkwood Research estimates that the Global Battery Testing Equipment Market is evaluated to project a CAGR of 4.55% in terms of revenue during the forecasting years of 2021-2028. “Browse 44 Market Data Tables and 43 Figures spread over 140 Pages, along with an in-depth TOC on the Global Battery Testing Equipment Market Forecast 2021-2028.” To know more about this report, request a free sample copy. Battery testing equipment charts, measures, as well as manage the life cycle of battery systems, thus providing the user with impedance, voltage, and storage capacity data. Battery testing equipment plays a crucial role within the battery industry since it examines numerous parameters that test battery health. Battery manufacturers use battery testing equipment, predominantly owing to the need to comply with different codes and standards to ensure battery safety. Compliance with Various Battery Standards to Facilitate Market Growth Battery manufacturers must comply with a signific

According to the estimations put forth by Inkwood Research, the Global Soft Robotics Market is anticipated to register a CAGR of 27.80% in terms of revenue during the forecasting period of 2021-2028. “Browse 35 Market Data Tables and 57 Figures spread over 214 Pages, along with an in-depth TOC on the Global Soft Robotics Market Forecast 2021-2028.” To know more about this report, request a free sample copy. Soft robotics is made from materials with mechanical properties as that of living tissues. They are manufactured and designed in innovative ways. These enable them to operate at full potential in manufacturing and medicine. Rapid Industrial Automation drives Market Growth The mass generalization of the internet has resulted in the fourth industrialization revolution, Industry 4.0. Consequently, enhanced productivity is the top priority for manufacturers. As a result, communication technology, information technology, digitalization, automation, and robotics are integrated.