Global digital transaction management market size was $8,051.2 million in 2021, and it is projected to grow at a CAGR of 23.4% during 2021–2030.
The global education technology market size stood at $237.6 billion in 2021, which is expected to reach $998.4 billion by 2030, at a CAGR of 17.3% during 2021–2030.
The global internet of things (IoT) in manufacturing market is estimated to generate $62.1 billion revenue in 2021, and it is expected to grow at a CAGR of 13.9% during 2021–2030.
The GIS market generated revenue of $8,185.9 million in 2020, and it is expected to grow at a CAGR of 11.6% during the forecast period (2020–2030).
The digital transaction management market of Saudi Arabia generated revenue of $60.88 million in 2020, and it is expected to grow at a CAGR of 35.7% during 2020–2030.
The global enterprise asset management market generated revenue of $5,682.1 million in 2020, and it is expected to grow at a CAGR of 14.2% during 2020–2030.
The global low-code development platform market was valued at $12,500.6 million in 2020, and it is expected to grow at a CAGR of 31.3% during 2020–2030.
The U.S. CAD software market generated $2,458.6 million revenue in 2020, and it is expected to grow at a CAGR of 5.7% during 2020–2030.
The drone analytics market revenue stood at $2,815.6 million in 2020, and the market is predicted to advance at a CAGR of 32.1% between 2020 and 2030.
The global enterprise mobility management (EMM) market size was ~$16 billion in 2020, and it is expected to show significant growth during the forecast period (2021–2030).
The global online fitness service market is expected to grow at a significant rate during the forecast period (2021–2030). The rising penetration of smart devices, such as smartphones, smartwatches, and smart TVs, rising internet penetration, and increasing awareness about personal fitness are some of the strongest factors driving the online fitness market.
The global anti-money laundering market generated ~$3 billion revenue in 2020, and it is predicted to show a substantial growth rate during the forecast period (2021–2030).
The agriculture sector contributed 17.8% to the gross domestic product (GDP) of India in 2020, and its contribution is expected to rise in the coming years.
The global over-the-top (OTT) services market generated ~$92 billion revenue in 2020. The key factors responsible for the market’s growth include the rising penetration of the internet and smart devices and increasing internet speed.
The global digital signature market value stood at $1,858.3 million in 2020, and it is expected to demonstrate a CAGR of 29.2% during the forecast period (2021–2030).
The global e-signature market was valued at $1,198.6 million in 2020, and it is expected to advance at a CAGR of 26.6% during the forecast period (2021–2030).
The global application platform as a service (aPaaS) market was valued at $6,023.3 million in 2020, and it is expected to showcase a CAGR of 14.2% during the forecast period (2021–2030).
The global music composing software market size stood at $177.4 million in 2019, and it is expected to reach $1,871.5 million by 2030, exhibiting a CAGR of 23.8% during the forecast period (2020–2030).
Valued at $3.5 billion in 2019, the global webgame market is projected to reach $6.5 billion by 2030, advancing at a CAGR of 5.7% during the forecast period (2020–2030).
The augmented reality (AR) and virtual reality (VR) market size was $37.0 billion in 2019, and it is expected to reach $1,274.4 billion in 2030, while progressing at a CAGR of 42.9% during 2020–2030.
Valued at $81.7 million in 2019, the global certificate authority market size is expected to witness growth of 12.3% during the forecast period (2020–2030), reaching $285.7 million by 2030.
The global slicing software market size stood at $422.2 million in 2019, and it is expected to reach $2,202.5 million by 2030, exhibiting a CAGR of 16.7% during the forecast period (2020–2030).
Valued at $9.3 billion in 2019, the global computer-aided design (CAD) software market size is set to witness growth of 6.6% during 2020–2030 (forecast period), reaching $18.7 billion by 2030.
The Indian CAD software market size stood at $445.6 million in 2019, and it is expected to reach $696.9 million by 2025, exhibiting a CAGR of 8.2% during the forecast period (2020–2025).
The extended reality (XR) market size was $18.6 billion in 2019, and it is projected to showcase a CAGR of 48.3% during 2020–2030.
The global artificial intelligence (AI) in cyber security market size in 2019 was $8.6 billion, which is expected to witness positive growth of 25.7% during the forecast period (2020–2030), reaching $101.8 billion in 2030.
The global SD-WAN market size stood at $1.4 billion in 2019, and it is expected to reach $43.0 billion by 2030, exhibiting a CAGR of 38.6% during the forecast period (2020–2030).
The global artificial intelligence (AI) in agriculture market size stood at $852.2 million in 2019, and it is expected to reach $8,379.5 million by 2030, exhibiting a CAGR of 24.8% during the forecast period (2020–2030).
The global GIS in disaster management market size stood at $2.3 billion in 2019, and it is expected to reach $9.4 billion by 2030, exhibiting a CAGR of 13.7% during the forecast period (2020–2030).
The global virtual fitting room market size was $3,128.6 million in 2019, and it is expected to reach $19,250.4 million by 2030, witnessing a CAGR of 18.5% during the forecast period (2020–2030).
The Indian 3D content creation market for media and entertainment industry had a market size of $134.2 million in 2019. The market is further projected to witness a CAGR of 13.9% during the forecast period (2020–2025).
The global web content management market was valued at $5,894.8 million in 2019 and is projected to witness a CAGR of 18.4% during the forecast period (2020–2030).
The global mobile point-of-sale (POS) terminals market valued $19.5 billion in 2019, and it is expected to witness a CAGR of 17.9% during the forecast period (2020–2030). The increasing focus on an enhanced customer experience and emergence of cashless transactions are the major factors driving the mobile POS industry.
The global cloud database and database as a service market is expected to witness significant growth during the forecast period (2020–2030). DBaaS vendors offer cloud database services that facilitate the management of the fundamental infrastructure that maintains and manages large-scale databases over the cloud, thus enabling companies to benefit from the related services.
From $1,264.2 million in 2019, the global automotive repair software market is predicted to grow at a CAGR of 10.3% during the forecast period (2020–2030). The major factors driving the market are the time saving and better communication advantages of such software and increasing number of vehicles in operation and their average age.
Changes in product demonstrations and the evolution of the entrepreneurial ecosystem in various verticals are the key factors driving the growth of the market across the globe. Technical illustration software is used to design and create visual representations of products and services offered by a company.
Growing adoption of the bring-your-own-device (BYOD) policy among organizations and increasing number of security breaches are the key factors driving the growth of the market across the world.
Compared to $7,841.5 million in 2019, the global gamification market is predicted to generate $76,298.9 million in revenue in 2030. Additionally, during the forecast period (2020–2030), the market is expected to grow at a CAGR of 24.2%.
The global healthcare cloud computing market is expected to witness notable growth during the forecast period (2020–2030), mainly attributable to the increasing investments in the healthcare infrastructure to support data-driven decision making, growing shift toward digitization in patient data recording
Shift toward data-driven decision making, increasing need for efficient compensation policies and talent retention models, and growing focus on automating pay-scale management processes are some of the key factors supporting the growth of the compensation software market across the world.
The global smart learning market is expected to witness rapid growth during the forecast period (2020–2030). Surging preference toward smartphones and tablets in order to study through online course material, rising demand for personalized education, growing need for automating administrative tasks, proliferation of connected devices in the education sector, and leveraging technologies such as artificial intelligence (AL) and machine learning (ML) in learning are the major factors contributing to the global market g
The global digital vault market is expected to grow at a substantial rate during the forecast period (2020–2030). This can be attributed to the increasing concerns, regulations, and compliances to protect sensitive data from any type of cyberattack by deploying security solutions.
The global data governance market is projected to witness notable growth during the forecast period (2020–2030), on account of the increasing volume of data in organizations, growing concerns over data privacy, rising focus on regulatory compliance, and surging demand for solutions for improving data capturing, storage, and processing.
The global data historian market is currently witnessing a surge in advanced technology adoption and development, which is why it is expected to grow at a substantial rate during the forecast period (2020–2030).
Increasing demand to reduce bad debt, growing need for automating debt collection process, and rising adoption of analytics in debt collection method are some of the key factors driving the growth of the global debt collection software market.
The global mobile security market is projected to witness significant growth during the forecast period (2020–2030). Major factors contributing to the market growth include rising smartphone penetration, increasing number of mobile frauds, growing awareness related to data protection of mobile devices utilized at workplace, and surging usage of third-party applications. Moreover, numerous trends, such as high preference for bring your own device (BYOD) policies and large amount of data storage on cloud network, are
The global version control system market is expected to grow at a substantial rate during the forecast period (2020–2030). Version control solutions enable the management of changes and configurations in an application and are primarily used for tracking modifications in software development projects.
Satellite data services involve providing data and information about earth, which is generated and collected by man-made satellites revolving around the earth’s orbit. Satellite data, which includes information about the chemical, physical, and biological characteristics of the planet, is most commonly used in the observation of earth.
The security as a service market revenue stood at $7.8 billion in 2019, and it is projected to reach $43.4 billion by 2030.
The global track and trace solutions market is projected to exhibit a significant growth during the forecast period (2020–2030), owing to its associated advantages, which include better visibility, traceability, optimization of supply chain, enhancing operational efficiency, improving transparency, and stringent standards and regulations for the implementation of serialization.
The global enterprise collaboration market is currently facing a surge in technology and is expected to grow at a substantial rate during the forecast period (2020–2030). This is majorly due to the increasing demand for improved execution of external and internal communications within a company. Enterprise collaboration solutions are platforms or tools that allow organizations to share resources and information more efficiently.
Global data warehouse as a service (DWaaS) market is expected to reach $23.8 billion by 2030, witnessing a CAGR of 29.2% during the forecast period (2020–2030).
The global artificial intelligence (AI) in education market was valued at $1.1 billion in 2019 and is projected to reach $25.7 billion in 2030, demonstrating a CAGR of 32.9% during the forecast period (2020–2030).
The global salesforce services market generated a revenue of $9,124.2 million in 2019, and is projected to reach $55,307.6 million by 2030, progressing at a CAGR of 18.9% during 2020–2030.
The global voice assistant market generated $1,723.6 million in 2019, and is projected to generate $26,872.6 million by 2030, progressing at a CAGR of 29.7% during 2020–2030.
The natural language processing (NLP) market revenue stood at $8.3 billion in 2018, and it is set to reach $22.9 billion by 2024, witnessing a CAGR of 19.7% during 2019–2024.
The fraud detection and prevention market revenue stood at $20,614.4 million in 2018, and it is expected to reach $47,903.1 million by 2024, witnessing a CAGR of 15.1% during 2019–2024.
The growing prominence of big data across all major industries, emergence of advanced technologies such as internet of things (IoT) and artificial intelligence (AI), and increasing demand for effective data-driven decision making are some of the key factors supporting the growth of the prescriptive analytics market across the globe.
The global intelligent apps market is expected to witness notable growth during the forecast period (2019–2024). There are numerous factors supporting the market growth, including increasing smartphone penetration, surging demand for app-based advertising solutions, and rising need for advanced analytical tools among enterprises.
Global virtual mobile infrastructure (VMI) market was valued at $115.8 million in 2018, and is further expected to generate $194.3 million revenue by 2024, exhibiting a CAGR of 9.7% during the forecast period.
The global brain computer interface market is projected to witness robust growth during the forecast period.
The call center artificial intelligence (AI) market revenue stood at $914.5 million in 2018, and it is expected to exceed $2,990.1 million by 2024, demonstrating a CAGR of 22.6% during 2019–2024.
The emotion analytics market size was $164.7 million in 2018, and it is projected to reach $1,419.2 million by 2024, registering a CAGR of 46.8% during 2019–2024.
The conversational artificial intelligence (AI) market size was $3.2 billion in 2018, and it is expected to cross $15.0 billion by 2024, registering a CAGR of 30.2% during 2019–2024.
The speech analytics market value was $1,010.4 million in 2018, and it is predicted to grow to $2,910.1 million by 2024.
The global product analytics market valued at $7,309.3 million in 2018, and is expected to advance at a CAGR of 15.3% during the forecast period (2019–2024).
Global business continuity management (BCM) market was valued at $359.2 million in 2018, and is further expected to generate $875.7 million revenue by 2024, exhibiting a CAGR of 15.4% during the forecast period.
The HR analytics market size was $2,045.5 million in 2018, and the market is predicted to advance at a CAGR of 15.6% between 2019 and 2024.
Growing demand for intelligent customer engagement, rising integration of chatbot with social media platforms, increasing penetration of websites and mobile applications, advancement of artificial intelligence (AI), natural language processing (NLP), single search point and growing need for effecting multilingual customer support are some of the key factors driving the growth of chatbot market across the globe.
The Asia-Pacific CAD software market valued $2.3 billion in 2018 and is poised to register a CAGR of 9.4% during 2019–2024.
The Middle East and Africa (MEA) marketing automation software market is estimated to value $824.0 million in 2018, and is projected to advance at a CAGR of 14.4% during 2019–2024. The growth in the market can be mainly attributed to surging social media penetration and digital marketing.
The APAC marketing automation software market was valued at $2.9 billion in 2017 and is forecasted to register a CAGR of 15.1% during 2018–2023.
The North American enterprise asset management market was valued at $1,150.0 million in 2017 and is forecasted to record a CAGR of 10.9% during 2018–2023. The market is buoyed by several factors, predominantly rising need for optimum asset utilization, need to reduce operational cost, and protection measures for the supply chain availability and visibility.
The global retail sourcing and procurement market was valued at $2,782.2 million in 2017 and is forecasted to witness a CAGR of 11.6% during 2018–2023. Rising demand for centralized procurement, and growing need for increased visibility in supply chain, are the key factors driving the market growth. Besides, the increasing focus on digital transformation would propel the market growth in the coming years.
The global energy management system (EMS) market generated the revenue of $39.5 billion in 2017, and is projected to record a CAGR of 19.3% during 2018–2023.
The global automation as a service (AaaS) market was valued at $2.9 billion in 2017, and is expected to generate $10.9 billion revenue by 2023, exhibiting a CAGR of 23.9% during 2018–2023.
The technological developments in gaming software and hardware are expected to drive the growth of the global virtual reality in gaming market during the forecast period. Integration of audio and video graphics into an immersive virtual world for gaming purposes has gained huge popularity in the gaming community in the recent years. Advanced technologies, such as interactive graphics and three-dimensional (3D) effects provide real-time experience to the gamer, due to which virtual reality in gaming market is estimated to gro
The Latin American SD-WAN market was valued at $29.7 million in 2017 and is forecasted to witness a CAGR of 38.1% during 2018–2023. Factors such as growing adoption of cloud-based applications, need for effective network management, and demand for end-to-end network security and visibility, are driving the market growth.
The South American cyber security market size was $6,582.7 million in 2017, and it is expected to exhibit a CAGR of 22.7% during 2018–2023.
South America supply chain management market was valued at $2.2 billion in 2017 and is forecasted to witness a CAGR of 8.6% during 2018–2023. Growing demand for professional services with focus on proper implementation of the solution, and increasing focus on inventory and purchase management are the factors driving the growth of the supply chain management market in South America.
The South American enterprise asset management market was valued at $426.7 million in 2017 and is forecasted to witness a CAGR of 10.9%, during 2018–2023. Increasing asset utilization, increasing need to reduce operating cost, and inclination toward safeguarding of supply chain availability and visibility are the factors leading to the robust growth of the market.
The global big data analytics in healthcare market was valued at $7.0 billion in 2017, and it is further expected to generate $22.7 billion revenue by 2023, exhibiting a CAGR of 21.8% during 2018–2023.
The global commercial satellite imaging market was valued at $2,411.8 million in 2017 and is expected to witness a CAGR of 14.2% during 2018–2023.
The workplace transformation market revenue stood at $9.2 billion in 2017, and it is expected to progress at a CAGR of 17.5% during 2018–2023.
The global service integration and management (SIAM) market was valued at $2,995.3 million in 2017 and is forecast to witness a CAGR of 9.4% during 2018–2023.
With the increasing availability of open source platforms, rising tech savvy populations, and flexibility to customize the code, the open source services market is gaining momentum across the globe. These services enable users to interact and modify the source code. As more number of users can develop a code better and more purposeful, its relevancy consequently increases.
Cloud testing is a growing technology to test the physical and virtual components, such as network, storage, and virtualization, to ensure the security of data and the performance of applications that are deployed on the cloud.
Technological advancements, optimized spectrum utilization, and the increasing adoption of the 5G technology are the major factors driving the cognitive radio market growth. Cognitive radio technology has been worldwide adopted by organizations to enhance the customer experience, improve the return on investment (RoI), and gain a competitive edge in the wireless communication industry.
The increasing demand for cloud services, data center consolidation, server virtualization, automation of networks and simplification of network infrastructure, are the major factors driving the growth of SDN orchestration market. Furthermore, the increasing demand for simplified SDN architecture, which is easy to manage with a lesser number of managed devices, is also contributing to the growth of SDN orchestration market across the globe.
The global government cloud market was valued at $20.8 billion in 2017 and is further projected to advance at a CAGR of 15.4% during the forecast period.
North America WCM market is expected to cross $4,000 million with double digit growth during the forecast period. Major growth drivers of the market include the rising interest of the enterprises in web-based marketing, and rich web experience of users through multiple digital channels, such as social media and mobile platform.
The corporate LMS market is on the rise due to a large number of corporates widely adopting such advanced learning solutions. Substantial cost benefits as compared to legacy learning systems, and proven results based on increased productivity and efficiency of employees are some of the prime factors backing the adoption of LMS in corporate sector. LMS are a set of software applications that are
Digital banking platform is an omnichannel or multichannel solution of personal banking services. A digitally advanced platform for banking integrates with hundreds of banking endpoints covering different technology vendors, ranging from core banking software providers to bill pay vendors. The global digital banking market is on a significant rise and is fuelled by its support processes on different channels such as internet banking, mobile banking, cash desk, kiosks, and chatbots.
IGA tools act as catalysts for compliance, efficiency and strategy of a business. Tools manage business’s digital identity and various access rights across multiple systems. To achieve this, IGA tools associate and combine incongruent identity and access rights of data, that is spread throughout the IT landscape of a business, so as to boost control over user access.
Data masking technology refers to data security through the replacement of existing sensitive information with duplicate data. This duplicate data can be used in business processes for analytics and testing purposes, without any risk. Data masking technology is an effective way for reducing the risk of sensitive data from inside and outside threats. It is performed in such a manner that actual values are retained along with functional and structural meaning of data.
General-purpose disk arrays refer to disk storage systems that work together with specialized array controller to achieve high data transfer. They are designed to fulfill the requirement of a diverse set of workloads such as database, virtual desktop infrastructure, and virtual network. The market size in the study represents the revenue generated through various deployment modes such as NAS, SAN, and DAS.
The machine translation market was valued at $122.3 million in 2016, and it is forecasted to witness a CAGR of 6.7% during the period 2017–2023. North America is expected to lead the machine translation market, witnessing a CAGR of 6.0% during the forecast period. Military and defense authorities in North America are increasingly incorporating machine translation tools for interpretation and translation
The global machine learning as a service market is on a significant rise because of the ongoing revolution of internet and its related services. Service category contributed a larger revenue to the global market in 2016 due to increase in the demand for advanced cloud based machine learning services across sectors. MLaaS refers to a range of services which offer machine learning tools as part of advanced cloud computing services. The tools in the MLaaS include data visualization, application program interface (API), face&nbs
The global IRM market is increasing with more number of industry leaders gaining awareness about the various benefits of IRM programs. This includes reduction in financial losses and performance variability, and improvement in resource deployment and new business opportunities. As more number of organisations today are expanding their global footprint including operations, and expatriate assignments overseas, enterprise identity is getting exposed to new and greater risks.
The global eDiscovery market stood at $8.28 billion in 2016, and is expected to advance with a double digit CAGR during the forecast period (2017–2023).
The cloud SCM market was valued at $3.3 billion in 2016 and is predicted to advance at a CAGR of 19.2% during the forecast period (2017–2023). Throughout the historical period (2013–2016), North America led the market and is projected to continue leading it during the forecast period.
Energy cloud is a dynamic network that supports distributed energy resources (DER) with a two-way energy flow and can be implemented by a wide range of strategic, technological, operational, commercial and environmental changes, in approach of traditional utility model to increase energy efficiency. The global energy cloud market is growing because of factors such as aging infrastructure, carbon footprint
Predictive maintenance helps in retrieving multiple data sources in real time to determine the condition of in-service equipment, and check quality issues and asset failures. The increasing demand of big data, internet of things and growing focus of organizations to reduce operational cost, are the key factors resulting in the growth of predictive maintenance market.
Perimeter intrusion detection system is a device that monitors and prevents any malicious activity inside a fixed area and reports those activities to security information and event management system. The growth of perimeter intrusion detection system market is due to the factors such as increasing risk of terrorism activities and infiltration, increasing government safety regulations, and need to reduce expenditure on manpower by installation of these systems.
Performance analytics is a tool that provides secure and simple access to key performance indicators and helps companies to enhance their services by providing accurate data required. The growing need to monitor and measure the performance of business and increasing focus of the companies towards optimal utility of resources has led to the emergence of performance analytics market across the globe.
Integration platform as a service (iPaaS) is a cloud integration platform that integrates application and databases. It can also be defined as a set of clouds based suit, which helps in enabling end-users to develop, manage, govern and integrate application and services as a single, integrated infrastructure. The global iPaaS market has been categorized on the basis on service type, deployment type, organization size and industry. On the basis of service type, the market has been generating highest revenue from cloud service
Library management software is an enterprise resource planning and management software for a library, which is used to carry out the library functions such as to track items, bills paid, orders received, and patrons who had borrowed books. Today, librarians are well aware of their increasingly complex relationships concerned workflow, content and discovery. In a bid to enable efficient management of the complexities in libraries, universities and other types of non-academic library environments deploy library management soft
Mobile cloud music services have brought a significantly notable change in the music consumption patterns of the present era. The service enables consumers to access music through cloud storage platforms from anywhere on a subscription fee basis. Internet connectivity is required to be able to access and download the music from platforms offering mobile cloud music services. The availability of in-built playlists and access to a wide variety of music are some of the special features that will contribute to the growth of mobi
Privileged identity management (PIM) accounts are secured, managed, audited and rotated to ensure stringent security measures are in place against the potential data breaches through unauthorized access. It helps organizations to secure and keep a track of network access and warns the system security professionals of any potential attempts to enter the sensitive information technology network of the organization. Privileged identity access management market is expected to witness significant growth during the forecast period
Remote asset management is an analytical system that enables remote monitoring and maintenance of assets, machines and systems. Remote asset management provides real-time two-way communication between the organization’s asset and central monitoring application, which results in better control and management of the assets. Remote asset management thus provides advantages of cost-effectiveness, efficient and convenient surveillance operations, which further push the organisations towards the adoption of the technology. T
Cognitive computing refers to the next generation computing systems that converse in human language. The systems help experts across industries to make valuable decisions by understanding various complexities of big data. The rapid growth in global cognitive computing market is attributable to the development in advanced computing technologies such as natural language processing (NLP), automated reasoning, and machine learning, that translate unstructured data into key insights, which can be further sensed, inferred, and pre
The global data science platform market is projected to advance at a CAGR of 39.3% during the forecast period, to reach $195.6 billion by 2023. The growing focus on big data analytics and need for insights on consumer behavior and purchasing patterns are some of the key factors driving the demand for data science platforms globally.
3D CAD is a three-dimensional computer-aided tool, which enables designers to visualize various designing concepts and simulate the designs for their performance comprehension in the real world.
The global retail cloud market is projected to exhibit a CAGR of 20.5% during 2017–2023 and reach a value of $40.7 billion by the year 2023.
Over the last few years, artificial intelligence (AI) has shifted from being a branch of computer science to an everyday technology that majority of consumers carry in their pocket daily, such as an Apple smartphone with voice input Siri. The artificial intelligence technologies has been gaining significant interest in the media and advertising industry in the recent years. Although the applications for artificial intelligence in the media and advertising business are still in
Over the past decade, the use of artificial intelligence (AI) and machine learning technologies in the oil and gas industry has gained significant interest. This has led to the growth in artificial intelligence market in this industry. With increasing challenges faced by the oil and gas industry in the past for exploration and exploitation of hydrocarbons, a cross disciplinary approach is being rendered which requires some critical processes to be semi-automated and some
Over the years, world of sports has experienced an increment in the use of analytics. The global market for sports analytics is driven by the increasing needs of sports organizations to analyze and gain insights on-field and off-field data obtained from various sources. Some of the factors driving the demand of global sport analytics are the increasing demand for predictive insights into fan preferences. Analytics can improve sport’s fans experience, as teams and
The global product information management (PIM) market is driven by the increasing need for centralized system. Centralized data storage enables companies to organize and manage all the data related to its product in an efficient manner. Product information management provides secure and safe access to the information stored in the centralized database. Access to any information is provided to the user only after the completion of all the required
The global software defined data center market is driven by technological advancement in data centers. Several types of software are involved in squeezing greater performance out of particular hardware, and all such software are expected to contribute to the global software-defined data centre market.
Emergence of smart and advance technology and penetration of smart mobile systems has made the new electronic ecosystem more sensitive and conscious towards people present around the globe. With systems using techniques, such as signal processing, artificial intelligence and machine learning, the emotion detection and recognition systems are now capable of being used into the surroundings which can recognize and understand user
The manufacturing analytics market is increasing rapidly attributed to the transformation from the traditional business intelligence (BI) techniques to advanced analytics techniques and growth of structured and unstructured manufacturing data. Some of the factors driving the demand for global manufacturing analytics market are the increasing need for process optimization, self-service access to centrally managed data, increased business agility
Operational analytics is rapidly growing with transition from traditional business models to advanced business intelligence (BI) and analytics techniques. The use of big data is helping organisations to operate in more data driven and smarter manner. Moreover, operational analytics enables better decision making for steady growth of businesses across industries, with well-structured data processing, streaming business applications such as customer
Globally, organisations are rapidly focusing on gaining maximum valuable consumer insights to improve their product and services. Crowd analytics solutions collect aggregate and find critical information that relate to everyday living of people. By using specific models of data sourcing and extraction by crowd analytics, the organisations can obtain ideas and quality insights of decisions that are needed to achieve cumulative results for better business
Self-service technologies are interfaces which allow the consumers to avail various services independent of service employee involvement. Customers prefer to use these technologies as they require fast service and hassle free transactions. The demand for self-service machines and automated devices, wireless communication, technology advancements and remote management
The need for increased scalability enabling easy administration of the IT infrastructure is a major factor driving the growth of the global software testing services market. Software testing provides an independent and objective view of the software, and allows the business to understand the risks of software application. The improved efficiency and faster time to market is another growth
Consumers can use mobile phone to pay for wide range of services, and digital or hard goods. The growth in smartphone and mobile internet users, and greater convenience and accessibility are the key growth drivers for the global mobile wallet market. The increased use of mobile commerce and different functionalities offered by mobile wallets, as compared to physical wallets are some
The global engineering services outsourcing (ESO) market is growing, as organizations seek cost-saving opportunities. The constant increase in cost reduction and increasing demand for fast delivery of products and services are some of the factors, driving the growth of the global engineering services outsourcing market. The increased global competition has increased the
As the benefits of big data are continuously evolving, the industries are focusing on implementing big data analytics for test and measurement into their organizational structures. The big data analytics for test and measurement can be used to ensure quality maintenance, reduce product development time, and achieve real-time analytics for maintaining the structural health of safety-
The reduction in operational costs, enhancement of workforce skills, and flexibility in custom requirements are some of the growth drivers for the global network management services market. The managed network services market is witnessing accelerated growth, because of the penetration of technologies including cloud computing, mobility, and big data across different industry
Digital gaming has become an archetypical part of modern education system. The introduction of advanced technologies, such as data mining technique has increased the market penetration of education gamification in recent years. The education gamification engages students in a reliable learning experience. The future potential of the global education gamification market
The increasing demand of simulation products and virtual reality is increasing the market penetration of visual computing. The market for PC computing has become less attractive in the recent years, owing to the decreasing popularity of PC gaming. The growing demand of video content on mobile devices, such as smartphones, automotive media system, and tablets is fueling the
Instant messaging is a form of online chat, which offers real time text transmission over the Internet. In this procedure, messages are transmitted between two consumers. Some of the advantages of instant messaging include its free usage, ease of use, and widespread availability on different platforms and devices.
The mass notification system has attracted many industries, including facilities management, fire safety, health safety, and business continuity management (BCM). Currently, more than 60 vendors are operating in the mass notification market. The emergence of many regional level and small players has increased the competition in the
The learning management systems (LMS) market is growing by a significant rate due to growing emphasis on continuous learning, increasing adoption of digital learning, increased collaboration between learners and trainers, and introduction to cloud-based learning management systems. Growing demand for blended learning, evolving potential markets and developing
One of the evolving trends in the global voice recognition market is the augmented demand for voice recognition, in the healthcare sector. Voice recognition helps in refining efficiency by reducing the time taken for filling out charts, and notes for patients. This helps in verbalizing notes faster and saves time while treating and diagnosing patients. Voice recognition market is
The gaming industry has undergone digital content revolution in the past few years. Considering the outcome, the uses and business models in this industry have also changed, through the effect of disintermediation, changes in the pricing structure, and deﬂated production costs. From the supplier perspective freemium games is one of the preferred routes, as it holds the majority of
The global big data market is mainly driven, by increasing market of consumer, and machine data. The increasing detail and volume of information captured by enterprises, the upsurge of multimedia, social media, and the internet of things, is expected to fuel the growth of the big data market, in the near future. Some of the other drivers fuelling the growth of the big data market, are
The possibility of data backup in cloud is one of the major drivers of on-premises, and cloud-based solutions market. With Cloud, data can be stored as a backup, and can be accessed, whenever needed. Some of the other drivers of cloud based solutions are lower entry cost, integration and scalability, pay-per-use functionalities, and total responsibility of the vendor to updates, uptimes
The global gaming market has been persuaded by the evolving number of users, who choose gaming for entertainment. Now-a-days, users not only consume entertainment, but also actively participate in it. The global gaming market presents a more extensive and diverse mix of opportunities and challenges than ever before, which varies from competitive gaming to cosplay,
Marketing is going through its own revolution, which is far beyond outdated strategies to analytics, and data-driven approach that delivers quantifiable results. The innovative technological implementations and emergence of massive amount of data overflow are driving the predictive analytics market. The focus of business enterprises has changed from conventional business
The image recognition market is growing by a significant rate due to increased use of smartphones, technology being embraced by various verticals, and increased demand for augmented reality (AR) and virtual reality (VR). Increasing demand for data analytics, increasing use of image recognition in media, branding and entertainment, and increasing mergers and acquisitions
Web based portals are quickly becoming one of the popular corporate governance gizmos. The advantages of board portals such as enhanced board communication with document review capabilities, web conferencing, labor relation enhancements, easy login, video and audio clips sharing capabilities, and questionnaires functionalities has increased the market penetration of
The sudden rise in demand for big data analytics is a major factor driving the growth of the global hadoop market. In the recent years, industries have experienced a huge explosion of raw, structured and unstructured data, which has compelled the application of big data analytics. The market trend for the need of cost-friendly, agile processing of business data has established
The enterprise governance, risk and compliance market is growing at a considerable rate due to the increasing global operational efficiency and reduced costs, growing business partnerships and associations; and government regulations and compliance mandates. Rise of the software enabled business and higher investments to manage compliance are some of the
Faster recovery of data, greater flexibility and cost effectiveness are the major drivers for the global disaster recovery as a service market. Some of the other factors driving the global disaster as a recovery market are low cost, virtualization, high level of automation, easy deployment, recovery and secure storage and backup and 24x7accessibility.
Software defined storage hybrid storage arrays, and deployment of slotted drive system (SDS) are some of the major trends, in the global enterprise network-attached storage (NAS) market. Now-a-days, data centers have become software specific, which is attained through improvements within NAS systems. Hybrid arrays are established by integration of both NAS, and storage area
The increasing market of mobile and web platform, evolution of next-generation cyber security solutions, and need of integrated security solutions are some of the growth opportunities, which contribute towards the global IT security spending market in the forecast period.
The operation support systems (OSS)/business support systems (BSS) market is growing with a considerable rate due to the growth of the telecommunications industry, rising approvals of convergent billing systems, and increasing requirement for customer care services. Rollout of next generation operation support service framework is providing ample opportunities to the
The identity and access management (IAM) market is mainly driven by the declining number of services required for operation of an IAM development (via- cloud IAM). This is due to the fact that it is very difficult for small and medium sized enterprises to afford conventional cost structure. The small and medium sized enterprises across the globe are expected to invest in identity and
The global customer experience management market is driven mainly by rising customer demands across several products and categories. The satisfied clients and customers are the key for the success of an organization as every company wants their customer to come back to them. Dissatisfied customers not only switch their preferences to other companies, but also share their
The digital signage market is growing at a considerable rate due to cost-efficiency. . Emerging technologies such as ultra-high definition and growing demand for signage solutions for retail, hospitality and government organizations are some of the factors providing growth opportunity to the digital signage market in the coming years.
The need to reduce the total cost of ownership of data, and the increasing requirement of data management in organizations as an indispensable demand for business continuity are the major growth drivers of the Enterprise Data Management Market. Most enterprises through different verticals are dynamically framing data management strategies, and measures to ensure data
Conditional access systems (CAS) refer to content protection solutions used widely to control unauthorized contents or intruders to access to audio and video content. Generally, these systems are installed at the receiving end of audio and video such as digital set-tops boxes of the consumers. One of the most dominant factors driving the conditional control system market is the
The global location based services market is driven by a number of factors, including surging market of smartphone and tablets in the developing countries, availability of low-cost GPS devices, advancement in analytical capabilities in communication technology, increasing use of vehicle tracking and management and the expansion of 3G and 4G internet services in developing markets.
The digital asset management market is growing with a considerable rate due to rising demand for collaborative digital workflows, escalating the need for compliance with regulatory standards and mounting concerns about misplaced data and loss. Growing demand for integrated solutions pertaining to marketing initiatives and mounting requirements for software as a service
The cloud computing services market is expected to gain acceptance and become a key element in delivering IT services because of the growing need for fast and flexible IT systems and significant advantages which cloud offers compared to traditional on-premises data center services. With several newcomers, such as Enomaly Inc., GoGrid LLC and AT&T, instilling innovations,
Software-based encryption uses software to encrypt and decrypt data-at-rest as well as data-in-transit. By rendering the unreadable data for unauthorized people, encryption software ensures the security and safety of the confidential data stored in files, folders or disks. Under the encryption process, plain text is converted into a coded message or cipher texts, thus restricting