According to the report, the global facial recognition industry was estimated at $3.83 billion in 2020, and is anticipated to hit $16.74 billion by 2030, registering a CAGR of 16.0% from 2021 to 2030. Increase in demand for face detection systems to enhance essential safety & security in organizations and emergence of intelligent signage solutions drive the growth of …
Category Archives: ICT & Media
Intelligent Evacuation System Market Scenario Highlighting Major Drivers & Growth Forecast by 2030
The key factor that drives the intelligent evacuation system market size includes increase in market for automated building solutions drive the growth of the market. In addition, supportive industry standards and regulations fuels the growth of the Intelligent Evacuation System Market. However, higher installation and maintenance costs is expected to impede the market growth. Furthermore, …
Enterprise Resource Planning (ERP) Market 2030 | North America is likely to grow at a Rapid Speed in the Near Future
An increase in need for operational efficiency and transparency in business processes, a surge in the adoption of cloud and mobile applications and rise in demand for ERP software from small & medium enterprises drive the growth of the global enterprise resource planning market. On the other hand, the high implementation cost of ERP software …
Enterprise Content Management System Market to Witness Robust Expansion throughout the Forecast Period 2020 – 2030
According to the report published by Allied Market Research, the global enterprise content management system market was estimated at $28.16 billion in 2016 and is expected to hit $94.09 billion by 2023, registering a CAGR of 19.2% from 2017 to 2023. The rise in the need to improve performance & operational efficiency, the surge in demand for …
Enterprise Application Market Emerging Trends Across the Globe | Detailed Analysis Report with Forecast to 2030
As per the report, the global enterprise application industry was accounted for $238.36 billion in 2020, and is expected to reach $527.40 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. The rise in the adoption of a customer-centric approach by companies, competitive advantages over other software, and adoption of cloud and mobile applications has …
Computer Numerical Control Market By 2026 | Analysis by Key Players Focusing on Growth Strategies
According to the report published by Allied Market Research, the global computer numerical control market was estimated at $14.59 billion in 2018 and is expected to hit $22.90 billion by 2026, registering a CAGR of 5.9% from 2019 to 2026. Rise in demand for mass production plants, the presence of favorable government initiatives, especially in the Asian …
Business Process-as-a-Service (BPaaS) Market is Growing in Huge Demand by Top Players, Forecast – 2030
According to the report, the global business process-as-a-service (BPaaS) industry generated $46.1 billion in 2020, and is expected to reach $128.9 billion by 2030, witnessing a CAGR of 11.0% from 2021 to 2030. The need for low-cost IT infrastructure & data accessibility and the rise in requirement for business process analytics in the BFSI sector drive the growth of …
Computer Vision Market 2030 – Increase in Adoption of New Applications and Services
According to the report, the global Computer Vision industry generated $9.45 billion in 2020, and is anticipated to generate $41.11 billion by 2030, witnessing a CAGR of 16.0% from 2021 to 2030. Faster processing, better accuracy, and economic advantage of computer vision systems drive the growth of the global computer vision market. However, the requirement for highly skilled and …
Smart Elevators Market Size Is $33.16 Billion In 2022 | Chinaalone Accounts For About 53% Of The Upcoming High-Rise Projects Across The World
the global Market Is Expected To Garner $33.16 Billion By 2023, Registering A CAGR Of 13.8% During The Forecast Period. The market, driven by modernization of existing elevator systems, would experience a radical shift by 2023. With large number of new deployment anticipated in developing Asian counties, new deployments of the smart elevators would take …
Self Services Technologies Market Value to Hit USD 88.33 Billion in 2030
The global self service technologies market was valued at $32.23 billion in 2020, and is projected to reach $88.33 billion by 2030, registering a CAGR of 10.55%. The global self services technologies market is impacted by factors, such as upsurge in the demand for automated systems, growth of self services technology industry in developing countries, …
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