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Global Underwater Robotics Market: Size, Trends and Outlook
The global underwater robotics market is witnessing strong growth as demand rises across industries such as oil and gas, defense, marine research, and environmental monitoring. Valued at nearly USD 5.2 billion in 2024, the market is projected to reach over USD 9.5 billion by 2030, growing at a CAGR of around 10% during the forecast period. The increasing need for advanced inspection, exploration, and surveillance in deep-sea environments is fueling this expansion.
Underwater robotics, which includes remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs), plays a crucial role in challenging and hazardous marine operations. ROVs dominate the market because of their extensive use in subsea inspections, drilling support, and maintenance in offshore oil and gas industries. AUVs, however, are experiencing faster growth due to their applications in ocean mapping, defense missions, and environmental studies, where autonomous performance is highly valued.
The defense and security segment is one of the largest end…
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Managed Print Services Market: Trends, Opportunities, and Competitive Landscape
The Managed Print Services Market is witnessing robust expansion, driven by the growing demand for cost-effective printing solutions in enterprises worldwide. Organizations are increasingly adopting MPS to improve operational efficiency, reduce IT workloads, and manage the total cost of ownership for printing infrastructure.
Key market trends include the integration of cloud-based solutions, enhanced device connectivity, and analytics-enabled printing services. Cloud MPS solutions allow businesses to manage distributed printing environments with ease, ensuring real-time monitoring and control over printing devices. Analytics-driven MPS platforms provide actionable insights on printer usage, paper consumption, and device maintenance needs, enabling companies to optimize workflows and reduce operational costs.
The market is segmented based on type, deployment, organization size, and industry vertical. Services range from print fleet management and document workflow automation to secure printing and sustainability solutions. Deployment options include on-premise and cloud-based services, with cloud MPS gaining traction due to its scalability and flexibility. Small and…
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