The global narcotics scanner market was valued at $6.89 billion in 2020, and is projected to reach $12.59 billion by 2030, registering a CAGR of 6.6%. Asia-Pacific was the highest revenue contributor, accounting for $2.42 billion in 2020, and is estimated to reach $4.27 billion by 2030, with a CAGR of 6.3%. North America is …
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A recommendation engine is also referred to as a system, which recognizes and offers suggested content to the customers. The recommendation engine is regarded as an important chunk of applications and software products in the ICT domain. Recommendation engines are being used various sectors, including e-commerce, social media, and content-based websites. Content recommendation engine is …
Process orchestration is the platform, which allows the orchestration of several business activities among individuals, processes, and systems and is used for developing custom workflow operations. It provides a platform, which supports both IT and business experts to work together and monitor business process applications and safely exchanging the information. This platform helps businesses to …
Product stewardship is a management approach for administering the environmental effects of various products and materials at various stages in the product development lifecycle. The methods involved are producing, selling, utilizing, and disposing of products, and the companies have the responsibility for ensuring that products or materials used in manufacturing are managed in such a …
Freight management is the process of effectively and strategically moving cargo over the network from its point of origin to its required destination utilizing different modes of transportation, intermediaries, and technologies. The process utilizes logistics and supply chain equipments, physical assets such as trucks, distribution centers & warehouses, and technology to transfer freight efficiently. The …
File analysis helps businesses to address increasing data levels through mapping the sites of their information as well as identifying authorized person to access the data. These files may include email databases, enterprise file, records management, and others. File analysis software solutions assist in examining, searching, monitoring of data, and makes report based upon the …
Increase in the adoption of the Internet of things and mobile-connected smart objects and progress in the usage of machine learning and artificial intelligence in mobile apps are expected to create lucrative opportunities in the near future. Increase in smartphone users, rise in adoption of wearable devices, and surge in data usage & Internet penetration …
Rapid transformation of modern business models and increase in application of ERP solutions in small & medium enterprises are anticipated to pave the way for multiple opportunities in the next few years. Increase in need for operational efficiency and transparency in business processes, surge in adoption of cloud and mobile applications, and rise in demand …
Increase in the adoption of artificial intelligence technologies and implementation of cloud-based solutions is expected to create lucrative opportunities in the near future. The rise in money laundering cases and increase in budget allocation for improving IT infrastructure coupled with stringent regulations for anti-money laundering (AML) have boosted the growth of the global anti-money laundering …
The use of blockchain technology in the monitoring of taxpayers and strict government policies about the collection of tax are expected to open new opportunities for the market players in the future. Rise in digital financial transition volume and surge in complexity and tax laws have boosted the growth of the global tax management software …
