The Wide-Bandgap (WBG) Power Semiconductor Devices market is projected to register a CAGR of 22.8 percent by 2028, to reach USD 3.36 Billion in 2026 from USD 652.7 Million in 2020. Wide bandgap semiconductors are those which have a wide bandgap between the valence band and the conduction band.

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The Smart Factory Market is expected to reach USD 330.11 Billion by 2028, according to a new report by Reports and Data. Smart factory attributes to the several fully-integrated automation solutions implemented for manufacturing purposes. This integration helps to streamline the material flow during all the methods involved in manufacturing, thus, facilitating the efficient flow of materials across the factory floor.

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The Event Management Software (EMS) Market is expected to reach USD 17.67 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the choice of customized information in several forms coupled with options for templates, and increasing technological advancement, which are expected to further accelerate the market growth globally.

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The Business Rules Management System (BRMS) Market is expected to reach USD 2.49 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the increasing technological advancement and emergence of improved process efficiency which are expected to further accelerate the market growth globally.

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The augmented reality hardware market is projected to register a CAGR of 68% in terms of value, from 2020 to reach USD 218.79 Billion by 2028. Escalating demand for augmented reality hardware from the automotive industry is estimated to stimulate market demand in the upcoming years.

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