Day: November 17, 2021

Manufacturers of e-cigarettes promote and sell their products through dedicated in-store hubs and kiosks at larger grocery shops and retail outlets, owing to which the accessibility of vaping products has become easy. In addition to kiosks and in-store hubs, producers are also setting up their stores and outlets to offer a vaping experience similar to of the one offered at a club.

In contemporary times, traditional smokers are inclining toward these designated outlets and stores to enjoy a variety of flavors and better quality vaping devices available at these places. The easy availability of e-cigarettes on multiple distribution channels will, therefore, help the e-cigarette market witness a CAGR of 9.2% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue will surge from $15.7 billion in 2019 to $39.0 billion by 2030.

In recent years, the acceptance of vaping devices has significantly increased due to the rising awareness regarding environmental and human health. With the growing public awareness, many governments have imposed a complete ban on smoking in several public spaces. Infused and heat-not-burn t-vapor, vape mod, rechargeable and disposable cig-a-like, and closed system and open tank vaporizer are the different types of e-cigarettes available for the male and female population of the world.

In the preceding years, vaporizers were adopted in the highest quantity due to their low cost and dense aerosol production. Moreover, vaporizers can be used with a wide range of flavors, owing to which users prefer this vaping device over others. In the coming years, t-vapors will be consumed in enormous quantities due to their high resemblance to traditional cigarettes.  

Thus, the increasing availability of vaping products and surging acceptance of vape devices will encourage more people to use e-cigarettes globally.  

Everyone wants to stay connected wherever they are, whether it is watching movies and surfing the internet on the go and controlling home appliances from remote locations or sending data from medical devices straight to the doctor and planning predictive maintenance of machines in a factory weeks before a serious fault occurs. For this, impeccable internet connectivity with high data transfer speeds and low latency is paramount.

While the 3G and 4G technologies made connected living possible, 5G is set to revolutionize it. Thus, with advancements in technologies and the changing outlook of people on everyday life, P&S Intelligence predicts the 5G infrastructure market revenue to surge massively in the near future from around $1.5 billion in 2020.

According to the GSM Association, “By 2025, 5G networks are likely to cover one-third of the world’s population.”, which reflects a huge upcoming demand for the various components required for setting up the infrastructure and services needed by firms planning to launch or use 5G services. The key reason behind the growing demand for the associated services and hardware is the rising adoption of the internet of things (IoT).

The concept applies to all devices and equipment that are embedded with sensors, processing software, and an internet connection for sharing data amongst themselves and other entities, such as smartphone apps and control rooms. Moreover, anything dubbed ‘smart’ these days, such as smartphones, smart lights, smart factories, smart wearables, and even smart homes, uses this technology.

Therefore, 5G is expected to be at the forefront of the evolution of the way people and even machines communicate in the 21^st century.