According to a market intelligence report from BIS Research, the global nano satellite market is expected to rise in revenue from $189.7 million in 2018 to $356.1 million in  2023, growing at a CAGR of 13.43%. This accelerated growth can be attributed to a number of factors.

Artificial Intelligence (AI) is becoming a critical part of modern warfare. Compared with conventional systems, military systems equipped with AI are capable of handling larger volumes of data more efficiently. Additionally, AI improves self-control, self-regulation, and self-actuation of combat systems due to its inherent computing and decision-making capabilities.

Markets are evolving at a faster pace than before, and constant technological innovations have become the norm. Technology plays an important role in shaping the operations of various industries, and it also impacts other crucial activities such as scientific research and public safety. One example is the rising use of drone technology, also known as unmanned aerial vehicles (UAVs).

Today, the nature of warfare has changed drastically, and technology plays a key role in shaping warfare tactics. The threats faced by militaries are uncertain, with populated places often being the battlefields, and enemies tactically innovative, highly networked, and intelligent. This overpowers the superiority an army may have in terms of conventional warfare capabilities. Technological advancements, however, have given countries the capability to counter enemy attacks in an efficient and effective manner. One such advancement has been in the field of military robotics.

According to a market research report by BIS Research, the global unmanned aerial vehicle (UAV) sense and avoid systems market was valued $508.7 million in 2016 and is expected to witness a growth rate of 38.90%, between 2016 and 2022 to reach a market value of $3.7 billion by 2022.

With the emergence of information and communication technology, companies in the legal industry are rapidly moving towards the process of digitalization. Investor expectations, rising competition, and new regulatory pressures are putting pressure on organizations to digitalize their processes and management.

There is a powerful force at work in our schools and communities. A force with the reach, authority, and trust to engage youth, change behavior, champion a cause, build brand awareness, and evangelize for products. 

That force is teachers, and when it comes to introducing an offering or a message into a district, brands and nonprofits should understand that the teacher’s role is evolving and that evolution creates an opportunity for you.

The professional services market is growing rapidly, according to the recently published report Professional Services Market Global Report 2017 by The Business Research Company. The market is forecast to register a 5.4% growth rate from 2016 to 2020, reaching almost $5 trillion.

According to a recent research report by BIS Research, titled Global Unmanned Ground Vehicle Market - Analysis and Forecast (2016-2023), the global unmanned ground vehicle market is expected to reach $9.06 billion by 2023. The major factors contributing to the growth of the market are reduced human intervention, increased efficiency and the flexibility offered by unmanned ground vehicles (UGVs).

Forbes recently published an article written by Ken Long, a Senior Industry Analyst at The Freedonia Group, a division of MarketResearch.com. The article highlights seven key facts you need to know before investing in drone technology.

Read the article to learn:

• Forecasts of U.S. drone sales to 2020
• Which markets are poised to explode and which will climb at moderate rates
• Where you can find possible investment opportunities