Big data analytics is referred to technology that captures, stores, manages, and analyzes large and variable data to solve complex problems. Big data analytics in automotive sector helps analyze data from fleet operators and vehicle users. It is popular in many industry verticals as it is used for casting and optimization. The Big Data Analytics …
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AI in Banking Market to Reach $64.03 Bn, Globally, by 2030 at 32.6% CAGR
Drivers, restraints, and opportunities- Rise in investment by banking companies in AI and machine learning, surge in preference for personalized financial services, and increase in collaboration between financial institutes and AI & machine learning solution companies drive the growth of the global AI in banking market. On the other hand, higher deployment cost of AI …
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Big Data Analytics in Semiconductor & Electronics Market in EMEA : $5,756.5 million by 2027, at 7.9% of CAGR
Increase in demand for cloud-based big data analytics software among enterprises positively impacts the growth of the EMEA big data analytics in semiconductor & electronics market. high implementation cost and dearth of skilled workforce are expected to hamper the market growth. Conversely, increase in adoption of IoT devices coupled with the ongoing Industry 4.0 trend, use …
Fraud Detection & Prevention Market Analysis | Insights by Latest Trends, Future Growth, and Revenue
Need for strong authentication methods is expected to create a number of opportunities for the key players in the industry. The emergence of big data analytics, rise in demand for cloud-based security solutions and rapid increase in mobile banking fuel the growth of the global fraud detection & prevention market. Major industry players such as- …