Optical Spectrum Analyzer Market Will Reach $588.8 Million by 2030

The distribution of power from an optical source over a certain wavelength range may be shown or measured using a precise device known an optical spectrum analyzer, or OSA.

By 2030, it is anticipated that the optical spectrum analyzer market will be worth $588.8 million. The increase in the need for such analyzers and advancements in the healthcare, consumer electronics, and telecommunications industries are the main causes of the expansion.

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5G Satellite Communication Market To Reach $33,896.7 Million by 2030

The major 5G satellite communication market growth drivers are the increasing requirement for high-speed and low-latency connectivity and the swift adoption of technologically advanced devices. In 2021, the sale of such solutions generated $2,548.2 million, and this value is predicted to reach $33,896.7 million by 2030. In addition, the market will advance at a 33.3% CAGR from 2021 to 2030.

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Video Surveillance Market to Reach About $115 billion by 2030

The total revenue of the video surveillance market was above $42billion in 2021, and it will reach about $115 billion by 2030, propelling at a compound annual growth rate of around 12% in the years to come. The major factors with the help of which the industry will develop include increasing concerns about safety and security, and surging investments in infra. And the increasing requirement for surveillance systems.

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Due to Surging Adoption of AR/VR, Extended Reality Market Will Touch USD 394.8 Billion by 2030

Extended reality is a term for a collection of visual technologies, such as virtual reality (VR), augmented reality (VR), and mixed reality (MR). An interactive environment is created by using software and equipment that deliver actual sounds and sights. It is currently used in a number of corporate hiring processes, including onboarding and employee training.

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Rising Penetration of Internet Fuel Edtech Industry Growth

The education technology industry has captured $237.6 billion revenue in 2021, and it is projected to rise by 17.3% from 2021 to 2030, to generate $998.4 billion revenue in 2030. It is led by the advent of digitalization and AI in education technology.

Moreover, the increasing number of vendors that offer remote learning services, the rising number of students, and the growing adoption of advanced technologies fuel regional industry growth.

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