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Blockchain-as-a-Service
Published in Shaun Aghili, The Auditor's Guide to Blockchain Technology, 2023
Ramya Bomidi, Srija Guntupalli, Sanober Mohammed, Bhargav Putturu Theja
The global BaaS market is poised to grow as more companies adopt the technology. The market extends from Asia-Pacific, Africa, the Middle East, Europe and Latin America. Among these regions, North America led with 2.51 USD billion in market size by investing in blockchain solutions across multiple industries, including financial services, defense and many others. A significant number of BaaS providers are also integrating blockchain solutions with advanced technologies such as artificial intelligence (AI) and machine learning (ML) to improve their security features. The Fortune Business Insight forecasts that the global BaaS market size will reach 24.94 billion USD by 2027, representing a compound annual growth rate (CAGR) of 39.5% during the forecast period. Nevertheless, the multiple benefits of BaaS for small and medium-sized businesses (SMEs) are expected to lead the market’s development in the future [5].
Developments in Food Packaging for Enhancing Food Quality and Safety
Published in Arbind Prasad, Ashwani Kumar, Kishor Kumar, Biodegradable Composites for Packaging Applications, 2023
Priyanka Prajapati, Meenakshi Garg, Rajni Chopra
New technologies such as intelligent packaging, active packaging, bioactive packaging, and modified atmosphere packaging are the promising packaging techniques that help in improving food safety and quality using minimum artificial preservatives (Yousefi et al. 2019). The smart packaging industry is anticipated to witness significant growth in the coming years. In 2020, active and intelligent packaging market was valued at USD 17.5 billion in 2020. The expected growth of this market is estimated at USD 25.16 billion by 2026, registering a CAGR (compound annual growth rate) of 6.78% during the forecast period 2021–2026 (Mordor Intelligence) (Figure 16.1).
Polymer Nanocomposite-Based Solid Electrolytes for Lithium-Ion Batteries
Published in Prasanth Raghavan, Fatima M. J. Jabeen, Polymer Electrolytes for Energy Storage Devices, 2021
Prasad V. Sarma, Jayesh Cherusseri, Sreekanth J. Varma
Lithium-ion batteries (LIBs) have attracted the energy storage industry due to their high capacity, easy processability, and long cycle life [1, 2]. Although the disposal of LIBs is still a major challenge, one cannot imagine a world without LIBs, due to their importance in our daily life. The market for LIBs is predicted to grow at a compound annual growth rate of 12.31% during the forecast period of 2020–2025. The major factors driving the battery market include declining LIB prices, the rapid growth of the electric vehicle market, the fast-growing renewables sector, and the increased production of consumer electronics [3, 4]. But the unavailability of raw materials may lead to a demand-supply mismatch and that may hinder market growth. The various components of a LIB include anode and cathode electrodes, spacer, electrolyte, sealant, etc. All these components are of equal importance, but the electrolyte has the upper hand in determining the performance of a LIB. In the past, the usage of liquid electrolyte-based LIBs made them less attractive for various applications, such as power supplies for wearable and flexible electronic devices. Since the mobility of the electrolyte ions is very high in the case of liquid electrolytes, it helps in attaining high specific capacity. Among the various end-user segments, the automotive sector has the greatest potential for the rise in LIB demand in the future. The recent developments in the acceptance of electric vehicles, in response to carbon dioxide ( CO2) pollution, is anticipated to accelerate the growth of LIB demand. Petroleum fuel-based vehicles are disappearing from the roads globally, due to the influence of green-energy technologies, ranging from hybrid electric vehicles to electric vehicles.
Non- oil bleed two-part silicone dispensable thermal gap filler with Al2O3 and AlN filler for effective heat dissipation in electronics packaging
Published in The Journal of Adhesion, 2022
Vigneshwarram Kumaresan, Srimala Sreekantan, Mutharasu Devarajan, Khairudin Bin Mohamed
Thermal management in electronic packaging assemblies is critical because it affects the performance, lifetime, and reliability of electronic packaging devices.[1] Thermal interface materials (TIMs) play a critical role in electronics thermal management by providing a low thermal impedance path between the over-mold of the component and the heat sink.[2] A thermal interface material (TIM) is placed between a heat-producing device (e.g., an integrated circuit) and a heat-dissipating device (e.g., a heat sink, enclosure) to minimize the thermal contact resistance between the components. Due to the rising demand for thermal interface materials, the global TIM market size is expected to reach USD 3.33 billion by 2025, growing at a Compound Annual Growth Rate of 10.8% over the forecast period.[3] Currently, many types of thermal interface materials available on the market that includes: thermal Pads, [1,4,5] dispensable thermal gap filler (liquid thermal interface materials), [6] thermally conductive adhesive tapes, [7,8] phase change materials, [9,10] greases or thermal compounds,[11] and thermal paste.[12,13]
A systematic review of immersive virtual reality for industrial skills training
Published in Behaviour & Information Technology, 2021
Unnikrishnan Radhakrishnan, Konstantinos Koumaditis, Francesco Chinello
As of late, a new innovative wave of interactive immersive virtual reality (IVR) systems is being utilised for industrial training (Radianti et al. 2020). The need for such implementations echoes the industrial requirements for cost-effective, safe, scalable, modular and mobile systems and their potential to increase training effectiveness. From a virtual reality hardware perspective, this demand is covered by the availability of various head-mounted displays (HMDs), either low-budget for mobile devices, such as Google Cardboard and Samsung Gear VR, or high-end VR equipment like HTC VIVE and Oculus Rift. The availability of such devices and newcomers like the untethered Oculus Quest create an HMD market valued at USD 44.7 billion by 2024 with a compound annual growth rate (CAGR) of 33.5% during the forecast period (MarketsAndMarkets 2019). A market that due to the COVID-19 restriction for remote work has the potential to mature at an even faster rate.