Massive growth of big data across the globe, growing demand for real-time data analytics, surge in adoption of predictive modeling tools, and government initiatives supporting big data infrastructures drive the growth of the global big data as a service market. However, security and privacy threats and lack of big data IT skills hinder the market …
Category Archives: Technology
Performance Analytics Market Reach to USD 6,506.11 Million by 2026 | Major Leading Players such as – Siemens, Optymyze and Servicenow
Rise in inclination toward metrics driven business performance assessment and increase in need for prioritizing resources drive the growth of the global performance analytics market. On the other hand, lack of awareness about performance analytics solutions and lack of proficient professionals impede the growth to certain extent. However, surge in adoption of cloud-based performance analytics …
Global Cloud ITSM Market Expected to Reach USD 15.66 Billion by 2026 | Top Players such as – Axios Systems, BMC Software and Citrix Systems
Surge in adoption of cloud-based technologies and integration of AI-Enabled tools with ITSM solutions drive the global cloud ITSM market. However, security and privacy concerns related to confidential data and business processes hinder the market growth. On the other hand, widespread adoption of BYOD trend, rise in mobile workforce, and increase in demand among SMEs create …
Geothermal Power Market Growth Is Skyrocketing Beyond Predictions, 2026
The global geothermal power market was valued at $4.6 billion in 2018, and is projected to reach $6.8 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026. Geothermal power is a form of renewable energy that harnesses the heat stored within the Earth’s crust to generate electricity. It involves tapping into …
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Concentrated Solar Power Market to drive the Highest CAGR Growth by 2026
The global Concentrated Solar Power Market is projected to reach $ 8,046.7 million by 2026, growing at a CAGR of 10.3% from 2019 to 2026. Concentrated Solar Power (CSP), also known as Concentrated Solar Thermal (CST), is a technology that harnesses the sun’s energy to generate electricity through the use of mirrors or lenses to …
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3D Animation Market Size and Trends: A Comprehensive Analysis Unveiled | Market Projected to Gain USD 33.78 Billion by 2026
The 3D Animation Market was valued at $14.08 billion globally in 2018, and it is anticipated to increase at a CAGR of 11.60 percent from 2019 to 2026 to reach $33.78 billion. A technique known as 3D animation involves manipulating photos or images to make them seem to be moving. A series of images shown …
Application Container Market Size Surpasses Expectations Amidst Rapid Digital Transformation | Forecast to Exceed USD 8,202 Million by 2025
The Application Container Market worldwide has a 2016 market value of $698 million and is anticipated to reach $8,202 million by 2025, increasing at a CAGR of 31.8% from 2018 to 2025. Increased use of cloud-based computing systems in businesses, the appeal of application container technology over virtual machines, and the growing popularity of the …
Augmented and Virtual Reality Market Size on the Rise: Shaping the Future of Digital Interaction | Estimated to USD 856.2 Billion by 2031
The Augmented and Virtual Reality Market size was valued at $27.6 billion in 2021, and is estimated to reach $856.2 billion by 2031, growing at a CAGR of 41.1% from 2022 to 2031. The unprecedented demand for better hardware and software technologies is a crucial factor for development of the market. The use of AR …
Augmented Analytics Market Size Soars as Businesses Embrace Data-Driven Insights | Anticipated to Surpass USD 29.86 Billion by 2025
In 2017, the Augmented Analytics Market was estimated to be worth $4,094 million. By 2025, it is expected to have grown to $29,856 million, with a CAGR of 28.4%. Some of the key factors that are anticipated to drive the growth of the global market include an increase in the need to democratize analytics and …
Hybrid and Community Cloud as a Service Market 2023 – key vendors, growth probability, and future Scenario |
Hybrid and community cloud as a Service Market are scalable, cost efficient and flexible and these features are driving the market. In addition to this, hybrid clouds combine features available in both private and public clouds. This factor also drives the hybrid and community cloud market as a whole. Although these clouds offer various benefits, …