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Technology Market Research

Curated updates and market intelligence for this tag.

Market Growth Prospects of Textiles, Apparels & Accessories in India 2026- 29 Industry is Expected to Mark Growth Rate around 10% in the Coming Years

The Indian textile and apparel industry is a cornerstone of the nation's economy, encompassing the entire value chain from fiber to fashion. In FY 2024–25, the sector contributed approximately 2.3% to India's GDP, 13% to industrial production, and 12% to total export earnings, underscoring its economic significance. The industry is projected to reach USD 350 billion by 2030, driven by rising domestic consumption and global demand for sustainable textiles. Government initiatives like the Production Read more [...]

Components of Solar Rooftop System and Types of Rooftop Solar Power

Solar PV rooftop systems are known for its ease of installation, low maintenance, and longer lifetime. The systems are financially viable with a decent return of 15% according to project reports.  Rooftop Solar PV has huge potential, and the government policies and regulations are already in place to promote large scale deployment.  Rooftop solar comes as grid based and off grid. Rooftop solar falls under Grid-based when the rooftop consumers are connected to the larger grid that is owned by Read more [...]

What are the Causes of Chip Crisis – How it Can be Mitigated

The chip shortage has caused much disturbance among the industries since they struggle to meet the increasing demand of electronic products and components.  As of now, the companies are adjusting in their own ways, and most do not expect a resolution any time soon. The chip scarcity as an industry-wide issue that may not be addressed until at least next year, if not 2023, according to market research data.  Chip demand is very strong, and there is no reason to anticipate a sudden oversupply Read more [...]

Recent Chip Crisis and Its Impact in Major Industries – Importance of Chips in Industries

Semiconductor chips widely now as the new oil or gold are made of silicon, which is a strong electrical conductor.  These chips are incorporated into microcircuits, which power wide range of contemporary electronic products and components.  These semiconductor materials are used in all active components, integrated circuits, microchips, transistors, and electronic sensors.  With technological advancements in many industries, semiconductors are literally the "heart" of billions of goods ranging Read more [...]

Mauritius Second Lockdown– How Does Mauritius Manage the COVID-19 pandemic successfully till Mar 2021?

Mauritius is among very few countries in the world that have been able to contain the novel coronavirus (COVID-19) in six weeks in the beginning.  The COVID-19 pandemic was confirmed to possess reached Mauritius in March 2020.  Since the primary 3 cases of COVID-19 were confirmed, the Mauritian authorities conducted 'Contact tracing' people that are in grips with infected patients are placed in quarantine, together with doctors, nurses, and cops.  On 30th May 2020 the Mauritian government ended Read more [...]

InsurTech and Insurance Claim Processing – Defining New Business Model in the Insurance Industry

InsurTech is rapidly and silently growing across the insurance industry which will have wider ramifications in the industry in the coming years.  InsurTechis mainly the use of technology innovations to bring higher operating efficiency in the insurance industry.  Most of the major insurance companies have implemented one or other forms of technology which would result in faster enrolment, quicker processing, and reduce the scope for errors in its cycle.  The recent advancement of InsurTech will Read more [...]