Rise in penetration of P2P networks and prominent use of application servers in smart devices to drive the growth of the global Application Server Market. In addition, rapid breakthroughs in information technology and the utilization of cloud-computing tools will create new growth opportunities for the global market. The surge in demand for contactless payments and …
Category Archives: ICT & Media
Cloud Access Security Broker Market to Reach USD 37.2 Billion by 2031| Top Players Such as – Netskope, Palo Alto and Proofpoint
The rise in demand for work-from-home and remote working policies during the period of the COVID-19 pandemic drives the growth of the global Cloud Access Security Broker Market. However, higher installation costs and maintenance challenges of cloud access security broker platforms restrict the market growth. Moreover, the integration of advanced technologies such as machine learning …
Extended Reality Market to Reach USD 446.6 Billion by 2031 | Top Players such as – Alphabet, HTC and Softserve
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 …
Robot Operating System Market to Reach USD 1.4 Billion by 2031 | Top Players such as – Denso, Fanuc and iRobot
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 …
Payment as a Service Market Projected to Show Strong Growth By 2031: Google, Ingenico, Mastercard
According to the report, the global payment as a service market generated $8.0 billion in 2021, and is estimated to generate $53.6 billion by 2031, manifesting a CAGR of 21.4% from 2022 to 2031. Surge in smartphone penetration, incorporation of online payment services, increase in e-commerce sales, and rise in reliance on cloud technologies drive the growth of the …
Wi-Fi 6 Market Expected to Reach $64.1 Billion by 2031 | CAGR of 19.6%
According to the report published by Allied Market Research, the global Wi-Fi 6 market generated $10.85 billion in 2021, and is estimated to reach $64.12 billion by 2031, witnessing a CAGR of 19.6% from 2022 to 2031. The report provides an in-depth analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and …
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Industrial Automation Market Size Predicted to Reach USD 443.5 Billion by 2031 (Updated PDF 2023)
According to the report, the global industrial automation market generated $196.4 billion in 2021, and is estimated to reach $443.5 billion by 2031, witnessing a CAGR of 8.7% from 2022 to 2031. Advent of connected enterprises, need for mass manufacturing of products, and rise in adoption of digital techniques and augmented reality (AR) technologies in manufacturing drive the growth …
Lease Management Market Size Worth USD 9 Billion by 2031
The lease management market was valued at $4.6 billion in 2021, and is estimated to reach $9 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031. Lease management is the execution and management of an organization’s lease portfolio and day-to-day tasks. It includes administrative tasks and processes such as document management, …
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Recruitment Process Outsourcing Market Size Worth USD 26.4 Billion by 2031
The recruitment process outsourcing market was valued at $4.8 billion in 2021, and is estimated to reach $26.4 billion by 2031, growing at a CAGR of 19.1% from 2022 to 2031. Recruitment Process Outsourcing helps free up time on processes that the company does not do efficiently and lets it offer more time on activities …
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Device as a Service Market Size Worth USD 1,768 Billion by 2031
The device as a service market size was valued at $51.73 billion in 2021, and is estimated to reach $1768 billion by 2031, growing at a CAGR of 42.6% from 2022 to 2031. Device-as-a-Service (DaaS) suppliers provide management services of hardware devices such as desktop P.C.s, laptops, and others in a single contract to large …
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