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Most Recent Press Releases are listed first. To readthe full article click on title

Expanding Construction Industry on Account of Upcoming Dubai Expo 2020 Coupled with Government Initiatives such as UAE Vision 2021 Would Surge the UAE Construction Equipment Rental Market By 2024
14 May 2018

According to 6Wresearch, UAE Construction Equipment Rental Market revenues are projected to grow at a CAGR of 3.3% during 2018-24. Projects such as $37 billion Yas Island Development and $22 billion Masdar City which are expected to be completed by 2025 would increase the demand for construction equipment. Moreover, Dubai overall budget has been increased by nearly 20% for upcoming World Expo 2020 from $13.1 billion (AED 47.31 billion) in 2017 to $15.5 billion (AED 56.6 billion) in 2018.

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Dubai 3D Printing Strategy Coupled With Government's Plan to Make UAE as a 3D Printing Hub by 2030 Would Drive the Growth of 3D Printing Market - 6Wresearch
11 May 2018

According to 6Wresearch, UAE 3D Printing market is projected to grow at a CAGR of around 60% during 2018-24. In UAE 3D printing market, binder jetting technology accounted for highest revenue share due to its growing demand in architecture sector for architectural modelling. With upcoming new construction project contracts worth $160 billion in UAE the architecture sector is expected to witness significant growth which would increase the demand for binder jetting technology during the forecast period.

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Rapid Infrastructural Development Activities Coupled With Expansion of Transmission and Distribution Network Would Drive UAE Power Cables Market Over the Next Six Years - 6Wresearch
11 May 2018

According to 6Wresearch, UAE power cables market revenues are projected to reach $2.5 billion by 2024. Upcoming projects such as Mohammed bin Rashid City, MBR City-District One, Barakah Nuclear Power Plant and Aljada megaproject would increase the demand for power cables in the country. Further, government initiatives such as UAE Vision 2021, Dubai Plan 2021, the Abu Dhabi Economic Vision 2030

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Increasing Digital Payment Solutions in India Would Drive the Growth of Blockchain Technology Across Several Applications by 2024 - 6Wresearch
07 May 2018

According to 6Wresearch, India blockchain technology market is projected to grow at a CAGR of 58% during 2018-24. The market would be highly dependent on increasing growth of digital payment solution through several intermediaries including digital wallets and Unified Payment Interface (UPI); digital payment solution market is projected to grow around 10 times and cross $500 billion by 2020 as compared to around $50 billion in 2017.

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Video Surveillance Segment Captured Major Share in Saudi Arabia Physical Security Systems Market Revenues- 6Wresearch
03 May 2018

According to 6Wresearch, Saudi Arabia Physical Security Systems market is projected to reach $312 million by 2024. Although, during 2014-17, the physical security system market recorded negative growth; however, post 2017 the market is expected to bounce back due to recovery of oil prices. Also, increasing security concerns as well as surge in terrorist threats enforced government to pass a law for compulsory installation of security systems in the residential and commercial sectors, which would propel the demand for physical security systems in the country.

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