According to the report published by Allied Market Research, the global 5G enterprise market generated $1.68 billion in 2020, and is estimated to garner $16.84 billion by 2028, witnessing a CAGR of 33.9% from 2021 to 2028. The report provides an extensive analysis of changing market trends, top segments, top investment pockets, value chain, regional scenario, and …
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Surge in level of cybercrimes, rise in demand for IoT and BYOD devices, and the significant increase in electronic data fuel the growth of the global cyber situational awareness market. However, lack of sensitive data sharing hinders market growth. On the other hand, the rise of the e-commerce industry presents new opportunities in the next …
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Surge in demand for defined and unique network qualities, rise in need for wireless due to shifting of business toward digitization, availability of deployment of unlicensed and shared spectrum in private LTE, and infusion of cloud technology and virtualization & open network model drive the growth of the global private LTE market. On the other hand, …
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According to the report published by Allied Market Research, the global location analytics industry was pegged at $10.29 billion in 2019, and is expected to garner $31.13 billion by 2027, manifesting a CAGR of 15.5% from 2020 to 2027. Proliferation of smartphones and rise in usage of GPS-enabled devices, surge in implementation of spatial data and analytical tools, …
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Increase in demand for next generation 5G network to enable better speed and bandwidth capabilities, rise in use cases of network slicing for Industry 4.0, growth in development of smart cities and smart services, surge in demand for network performance due to growth in mobile data-traffic volumes fuel the growth of the global network slicing …
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The rapid proliferation of the e-commerce industry is expected to create multiple opportunities in the market. An increase in demand for supply chain transparency, and a rise in need for improved security of supply chain transactions drive the growth of the global blockchain supply chain market. Major key players such as – BTL Group, Huawei …
Rise in demand for immersive experiences such as AR and VR that demand 5G technology would open new opportunities in the market. Benefits of 5G technology such as faster speed, uniform data rates, lower latency, and lower cost-per-bit drive the growth of the global 5G technology market. Major industry players – Deutsche Telekom AG, Ericsson, …
Growth of the global supply chain management market is driven by development of industrial-grade digital technology, surge in need for improved supply chain visibility, and increase in inclination toward cloud-based supply chain management software. Moreover, surge in need of demand management solutions among enterprises and increase in adoption of SCM software in healthcare and pharmaceutical …
Technological developments and new applications that demand LBS solutions create opportunities for market players in the future. Diversified range of applications, rise in demand for location-based services, increase in demand for smartphones, and rapid development of business analytics solutions drive the market growth. Key market players – Alcatel-Lucent, Apple Inc., Google LLC, AT&T Inc., Microsoft …
Growing environmental and energy concerns are expected to create lucrative opportunities for the market players in the coming years. Improved productivity through interoperability, government mandates for BIM usage, and the growing construction industry have boosted the growth of the global building information modeling market. Major market players – Autodesk, Inc., Asite Solution, Beck Technology Ltd, Bentley …
