According to the report published by Allied Market Research, the global utilities asset management market generated $4.3 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 11.3% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, …
Category Archives: Technology
Virtual Desktop Infrastructure Market Worldwide Industry Analysis, Future Demand and Forecast till 2031
According to the report published by Allied Market Research, the global virtual desktop infrastructure market generated $9 billion in 2021, and is projected to reach $19.8 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, …
AI Training Dataset Market is Forecast to Grow Rapidly at CAGR of 21.6% | Opportunities and Trends Ahead
The AI training dataset market was valued at $1.4 billion in 2021 and is expected to reach $9.3 billion by 2031, rising at a CAGR of 21.6% between 2022 and 2031. AI enables robots to learn from previous experience, perform human-like functions, and adapt to new inputs. These machines are programmed to examine large amounts …
SaaS Escrow Services Market Expected to to Witness Robust Growth in the Coming Years & Hit USD 18.4 Billion by 2031
The SaaS escrow services market was valued at $5.4 billion in 2021 and is expected to reach $18.4 billion by 2031, rising at a CAGR of 13.4% between 2022 and 2031. Traditional escrow depositing practices have become obsolete due to the quick release of new features and functionality that has made agile development popular among …
HR Technology Market Size to Forecast USD 76.5 Billion by 2031 Amid Ongoing Digital Transformation
The HR technology market was valued at $32.58 billion in 2021 and is expected to increase at a CAGR of 9.2% from 2022 to 2031, reaching $76.5 billion by 2031. All software used to track, administer, pay, understand, identify, inform, remember, and offer advantages to people in an organization is referred to as human resources …
AI in Telecommunication Market to Grow at 41.4% CAGR by 2031 | Latest Trends, Forecast, Insights & Growth Drivers
The AI in telecommunication market size was valued at $1.2 billion in 2021, and is estimated to reach $38.8 billion by 2031, growing at a CAGR of 41.4% from 2022 to 2031. Artificial intelligence (AI) enables the telecom industry to extract insights from their vast data sets and made it easier to manage daily business …
Data Center Robotics Market to Grow at 20% CAGR by 2031 | Latest Trends, Forecast & Drivers
The data center robotics market was valued at $9.2 billion in 2021, and is estimated to reach $56 billion by 2031, growing at a CAGR of 20% from 2022 to 2031. Robotics is integrated into data center management. It creates the potential for a robot-driven, fully automated data center environment. Enterprises and consumers are able …
Digital Media Production Software Market to Grow at 12.6% CAGR by 2031 | Latest Trends, Forecast & Drivers
The digital media production software market was valued at $11.4 billion in 2021, and is estimated to reach $36.3 billion by 2031, growing at a CAGR of 12.6% from 2022 to 2031. Digital media production is the process of creating, encoding, and distributing digital files such as video, music, pictures, and video games using computer …
Lighting-as-a-Service Market to Grow at 33.1% CAGR by 2031 | Latest Trends, Forecast & Drivers
The lighting-as-a-service market size was valued at $694.68 million in 2021, and is estimated to reach $11.8 billion by 2031, growing at a CAGR of 33.1% from 2022 to 2031. Lighting as a service is an all-inclusive subscription-based pricing model geared at making LED lighting an option for any business owner, facility manager, or service …
At Growth Rate of 10.7%, Maritime Digitization Market Size to Achieve USD 423.4 Billion by 2031
The maritime digitization market was valued at $157.43 billion in 2021, and is estimated to reach $423.4 billion by 2031, growing at a CAGR of 10.7% from 2022 to 2031. Maritime digitization is the process of converting analog data and processes in the maritime industry to digital format. Digitization in the maritime industry can improve …