As per the report, the global route optimization software market was pegged at $4.32 billion in 2020, and is estimated to generate $16.25 billion by 2030, growing at a CAGR of 14.2% from 2021 to 2030. Rise in information and computer technology expenditure and increase in adoption of online cab bookings have boosted the growth …
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An increase in unstructured data, demand for data analytics and a surge in application development activities across the globe propel the growth of the global NoSQL market. However, complications regarding testing of NoSQL applications hinder the growth up to some extent. However, an increase in big data implementation is projected to present new opportunities in …
According to the report published by Allied Market Research, the global embedded computing market generated $36.74 billion in 2020, and is estimated to reach $85.68 billion by 2030, witnessing a CAGR of 9.1% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional …
Continue reading “Embedded Computing Market Value to Surpass USD 85,685.68 Million by 2030”
According to the report published by Allied Market Research, the global hyperscale data center market generated $59.0 billion in 2020, and is estimated to generate $585.0 billion by 2030, witnessing a CAGR of 25.9% from 2021 to 2030. The report offers a detailed analysis of changing market trends, value chain, top segments, key investment pockets, regional …
Increase in popularity of gaming and proliferation of smartphones have boosted the growth of the global Augmented and Virtual Reality Market. The market across Asia-Pacific is projected to portray the fastest CAGR of 43.9% during the forecast period.The use of AR and VR technology is not restricted to a particular age group, and the heterogeneity …
The key factors that drive growth of the passenger security equipment market include growing number of passengers in public transport networks. In addition, demand for more efficient crowd control and screening technologies are positively impacting growth of the Passenger Security Equipment Market. However, high implementation cost of passenger security equipment solutions hampers the market growth. …
According to the report, the global facial recognition industry was estimated at $3.83 billion in 2020, and is anticipated to hit $16.74 billion by 2030, registering a CAGR of 16.0% from 2021 to 2030. Increase in demand for face detection systems to enhance essential safety & security in organizations and emergence of intelligent signage solutions drive the growth of …
The key factor that drives the intelligent evacuation system market size includes increase in market for automated building solutions drive the growth of the market. In addition, supportive industry standards and regulations fuels the growth of the Intelligent Evacuation System Market. However, higher installation and maintenance costs is expected to impede the market growth. Furthermore, …
An increase in need for operational efficiency and transparency in business processes, a surge in the adoption of cloud and mobile applications and rise in demand for ERP software from small & medium enterprises drive the growth of the global enterprise resource planning market. On the other hand, the high implementation cost of ERP software …
According to the report published by Allied Market Research, the global enterprise content management system market was estimated at $28.16 billion in 2016 and is expected to hit $94.09 billion by 2023, registering a CAGR of 19.2% from 2017 to 2023. The rise in the need to improve performance & operational efficiency, the surge in demand for …