Wide applications of AI-integrated systems across various verticals, the rise in need to create virtual worlds in the metaverse and modernize the workforce across various industries, and growth in popularity of generative AI in the healthcare industry for rendering several products & services are driving the growth of the generative AI market. However, generative AI …
Category Archives: ICT & Media
Subscriber Data Management Market is Expected to Reach $25.5 Billion by 2031: Allied Market Research
The growing digitalization and rising adoption of cloud-based services across the world, the increase in the adoption of subscriber data management solutions to enhance operation & productivity, the growing number of mobile devices and NFV and IP system deployments along with the increasing demand for advanced network technologies, such as LTE and VoLTE drive the …
“Explosive Growth in Custom Application Development Market Driven by Digital Transformation Initiatives !!”
Rise in need for business-specific software solutions majorly drives demand for custom software development services. In addition, increase in use of chatbots for custom communication in organizations enhances growth of custom software development services market. However, initial development as well as implementation of custom software is expensive as compared to basic software solutions, which is …
“Cognitive Analytics Market Flourishes with AI-Powered Decision Support Systems !!”
Cognitive analytics tool continuously learns from data and human machine interactions to become smarter, having a goal to blend traditional analytics technique with AI and ML features for advanced analytics outcome. Improved customer engagement, high productivity efficiency, and high business growth are some of the expected benefits of the cognitive analytics market. One of the …
“Explosive Growth Expected in the Data Warehouse as a Service Market Over the Next Decade !!”
It is electronic storage of a large amount of information by a business, which is designed for query and analysis instead of transaction processing. It is a process of transforming data into information and making it available to users in a timely manner to make a difference. Reduced cost, improved performance, high scalability, elasticity, and …
Online/Virtual Fitness Market Size Empowers At-Home Workouts and Wellness | Anticipated to Hit USD 250.7 Billion by 2032
The Online/Virtual Fitness Market was anticipated to be worth $14.9 billion in 2022 and is predicted to increase to $250.7 billion by 2032, with a CAGR of 32.7% over that period. The development in technical advancements like AR/VR for virtual fitness visibility and the rising demand for more advanced fitness sessions to achieve physical fitness …
Mobile Satellite Phone Market Size Facilitates Emergency Communication Solutions | Forecast to Surpass USD 808.5 Million by 2031
By 2031, the Mobile Satellite Phone Market, which was valued at $553.60 million in 2021, is expected to have increased to $808.5 million, with a compound annual growth rate (CAGR) of 3.9% from 2022 to 2031. A tool that is frequently used to communicate with cellular, landline, and other satellites around the world is the …
MICE Industry is Estimated to be Worth $2130.4 Billion by 2031, and Driven by Robust 15.2% CAGR During 2022-2031
According to a new report published by Allied Market Research, titled, “MICE Industry by Event Type (Meeting, Incentive, Conventions, and Exhibitions): Global Opportunity Analysis and Industry Forecast 2021–2031 Market,” The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. …
Cloud RAN Market Expected to Reach USD 85.9 Billion by 2031 | Top Players such as – FUJITSU, ASOCS and NEC Corporation
Rise in the need for energy-efficient and cost-effective networking solutions, surge in the proliferation of 5G network technologies, and rapid rise in the demand for high bandwidth drive the growth of the global Cloud RAN Market. Region-wise, the market in Asia-Pacific was the largest in 2021 and is likely to maintain its leadership status during …
U.S. E-motorsport Market Share Expected to Reach USD 1,064.45 Million by 2031 | Top Players Such as – AMR GP, Formula On & McLaren Group
E-motorsports market forecast has increased in the U.S. in the last few years due to adoption of new cutting-edge technologies in various organizations and rise in competition to create new milestone in gaming and online sports sector. In addition, surge in demand for next generation online gaming service among enterprises fuels the growth of the …