Energy Security Market to Reach $42 Billion by 2031- Energy Transition Accelerates Innovations 

Energy security industry is a cybersecurity defense practice that aims to deceive attackers by distributing a collection of traps and decoys across a system’s infrastructure to imitate genuine assets. The aim of energy security is to prevent a cybercriminal that has managed to infiltrate a network from doing any significant damage. Moreover, it mainly tackles …

XR Headset Market to Reach $401.4 Million by 2031- Says Allied Market Research | Predicted to Surge with Rapid Technological Advancements 

The growing use of XR headset in the media and entertainment sector drive the growth of the global XR headset market. However, the e shortage of skilled technical personnel having good XR technology knowledge along with a lack of awareness about the technology in developing countries is predicted to hamper the market growth. Moreover, the …

Bluetooth 5.0 Market to Hit $11.7 Bn, Globally, by 2031 at 10.9% CAGR: Allied Market Research 

Rise in demand for audio devices, investments in sensing technology, and growing dependency on dual audio streaming drive the growth of the global Bluetooth 5.0 market. On the contrary, reduction in battery life of portable, digital devices and the unavailability of proper data pack transmitting hamper the market growth. However, rise in adoption of quality …

Extended Reality Market to Reach $446.6 Billion, Globally, by 2031 at 30.1% CAGR: Allied Market Research 

Factors such as increasing investments in extended reality and Increasing adoption of XR in healthcare industry primarily drive growth of the extended reality market. However, immoderate use of XR device has negative health effects and worldwide economic downturn because of COVID-19 hamper market growth to some extent. Moreover, continuous 5G technology advancements are expected to …

Advanced Distribution Management System Market | Expected to Hit USD 11.2 Billion by 2031, Driven by Robust 19.3% CAGR During 2022-2031

Surge in demand for integrated single platform, rising adoption of smart grid applications, growing dependency on automated metering systems, and escalating popularity of electric vehicles to drive the growth of the global advanced distribution management system market. The COVID-19 outbreak favourably impacted growth of the global market with surging acceptance of connected devices and supportive …

Strategy Consulting Market to Reach USD 111.4 Billion – By 2031 | Market Responds to Global Economic Shifts with Innovative Approaches. 

The proliferation of digital-driving business models offered by strategy consulting, increasing globalization in consulting projects, and the growing focus on risk sharing through strategic partnerships and M&A recommendations fuel the growth of the global strategy consulting market. However, the presence of many alternatives related to strategy consulting services as well as security concerns & data …

SOC as a Service Market to Reach USD 9.9 Billion – By 2031 | 8.2% CAGR | Risk Management Benefits Drive Financial Sector’s Interest in SOC as a Service. 

Rise in demand for work-from-home and remote working policies since the COVID-19 pandemic which has propelled the demand for better security and endpoint management policies, and the increasing number of cyber-attacks and fraud cases fuel the growth of the global SOC as a service market. However, data privacy and customization challenges of SOC as service …

Workplace Safety Market to Reach USD 39.0 Billion – By 2031 | Increasing Incidence of Workplace Accidents Propels Demand for Safety Solutions. 

According to the report published by Allied Market Research, the global workplace safety market garnered $12.8 billion in 2021, and is estimated to generate $39.0 billion by 2031, manifesting a CAGR of 12.2% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This …

AI Infrastructure Market to Reach $309.4 Billion, Globally, by 2031 at 29.8% CAGR: Allied Market Research 

Ability of AI-based technology to enable machines to automate complex tasks such as driving cars, holding conversations, filtering e-mail, and other things, growing demand for improving operational efficiency, and the rising cost of manual labor drive the growth of the global AI infrastructure market. However, a lack of skilled professionals in the industry to develop, …

Robot Operating System Market to Reach $1,406.24 Million, Globally, by 2031 at 12.0% CAGR: Allied Market Research 

Factors such as increase in adoption of automotive in various industry, rise in adoption of ROS by manufacturer and demand of collaborative robots is increasing primarily drive the growth of the robot operating system market. However, high maintenance and installation cost of robots hamper the market growth to some extent. Moreover, adoption of robot as …