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 …
Category Archives: Technology
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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EV Battery Reuse Market Growth Is Skyrocketing Beyond Predictions,2031
The EV battery reuse market size was valued at $0.2 billion in 2021, and EV battery reuse industry is estimated to reach $3.9 billion by 2031, growing at a CAGR of 34.3% from 2022 to 2031. The major companies profiled in this report include BYD Co, Ltd., Global Battery Solutions, Ltd., Daimler AG, Samsung SDI …
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Cloud Analytics Market to Reach USD 174.5 Billion by 2031 | Top Key players such as -TIBCO, Teradata, SAP SE and Microsoft
Ability of cloud analytics software to process large and massive data sets and produce easily understandable results, its easy access and connectivity by business intelligence, increased demand for analytics solutions, and integration of network infrastructures with software-defined networking (SDN) fuel the growth of the global Cloud Analytics Market. However, privacy and data security issues with …
SOC as a Service Market to Reach USD 9.9 Billion by 2031|Top Players such as – Atos SE, AT&T and NTT
The rise in demand for work-from-home and remote working policies during the period of the COVID-19 pandemic aided in propelling the demand for better security and endpoint management policies, hence empowering the growth of the SOC as a Service Market. The development of advanced communication technologies such as 5G communication networks and cloud technology is …
Identity as a Service Market to Reach USD 53 Billion by 2031 | Top Players such as – Okta, OneLogin and Thales
Identity as a service (IDaaS) is the term used to describe identity and access management (IAM) services that are offered via the cloud and are paid for via subscription. IDaaS offers administrators protection from security problems due to its ability to automate a variety of user account-related operations. It reduces company risk and saves time …
AI Infrastructure Market to Reach USD 309.4 Billion by 2031 | Top Players such as – Micron, Samsung and Toshiba
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. Increasing digital dependence and implementation of industry 4.0 trends present new …
High-Brightness LED Market SWOT analysis, Growth, Share, Size and Demand outlook by 2031
Allied Market Research published an exclusive report, titled, “High-Brightness LED Market by Application (Automotive, General Lighting, Backlighting, Mobile, Signals & Signage, and Others) – Global Opportunity Analysis and Industry Forecast, 2014 – 2022”. Click Here To Get Free Sample Copy of the Report: https://www.alliedmarketresearch.com/request-sample/1781 The global high-brightness LED market report summarizes market developments, competitor analysis, and future market …