ICT Market Research Reports

  According to a research report  " Emotion Detection and Recognition Market Analysis  by Component (Software (Facial Expression Recognition, Speech & Voice Recognition) and Services), Application Area, End User, Vertical, and Region (North America, Europe, APAC, RoW) - Global Forecast to 2027"  The global emotion detection and recognition market size is projected to grow from USD 23.5 billion in 2022 to USD 42.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. The major factors driving the market growth include the adoption of IoT, AI, ML, and deep learning technologies across the globe, growing demand for emotion recognition models by intelligent systems, and rising popularity for wearable devices. Based on the end user, the commercial segment to grow at the highest CAGR during the forecasted period An important development in the commercial end user market is the incorporation of Al technology. This technology w...

  According to a research report  " Encryption Software Market Analysis  with COVID-19 Impact Analysis, by Component, Application (Disk Encryption, File/Folder Encryption, Communication Encryption, & Cloud Encryption), Deployment Mode, Organization Size, Vertical & Region - Global Forecast to 2026"   published by MarketsandMarkets, the global Encryption software market size is expected to grow from USD 10.9 billion in 2021 to USD 22.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.2% from 2021 to 2026. An increase in the adoption of Encryption software solutions in IT and Telecommunications companies are expected to boost the growth of the Encryption software market. Additionally, Encryption software market is expected to witness rapid growth worldwide due to various factors such as Stringent regulatory standards and data privacy compliances, Rising concerns pertaining to loss of critical data and Exponential increase in adopting cloud and v...

  The report  " Mass Notification Systems Market Analysis   by Component (Solutions and Services), Application (Business Continuity and Management), Deployment Mode, Organization Size, Vertical (IT and Telecom, Transportation and Logistics), and Region - Global Forecast to 2026" , size is expected to grow from USD 8.0 billion in 2020 to USD 27.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.5% during the forecast period. Rising demand for public safety and security to boost the adoption of MNS, and increasing implementation of IP-based notification devices driving the adoption of MNS market. Increasing use of data by companies to know more about their core business processes driving the adoption of managed services segment of MNS platforms during the forecast period Third-party vendors’ offer managed services, and they monitor and maintain software operations. Managed services are important as they are specifically related to client experience. Enterp...

  According to a research report  " Smart Buildings Market Size  by Component (Solution (Safety and Security Management, Building Infrastructure Management, Network Management, and IWMS) and Services), Building Type (Residential, Commercial, and Industrial), and Region - Global Forecast to 2026"  published by MarketsandMarkets, the Smart Buildings market size is expected to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major drivers for the Smart building include the rising adoption of IoT-enabled building management system, rising awareness of space utilization, increased industry standards and regulations, and increase demand for energy-efficient system. The safety and security management solution in the solution type segment is expected to lead the Smart buildings market in 2021. Security is an integral part of smart buildings. Smart buildings enable occupant sa...

  The report  " IoT Market Analysis  with COVID-19 analysis by Component (Hardware, Software Solutions and Services), Organization Size, Focus Area (Smart Manufacturing, Smart Energy and Utilities, and Smart Retail) and Region - Global Forecast to 2026" , size is expected to grow from USD 300.3 billion in 2021 to USD 650.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.7% from 2021 to 2026. Factors such as access to low-cost, low-power sensor technology, availability of high-speed connectivity, and increase in cloud adoption to boost the growth of Internet of Things market across the globe during the forecast period. Moreover, increase in smart city initiatives worldwide, increase in connected devices to drive the growth of IoT, and emerging 5G technology to help IoT adoption, globally would provide lucrative opportunities for Internet of Things market vendors. Services to grow at a higher CAGR during the forecast period Now a days, each company is f...

  According to a research report  " Human Capital Management Market Analysis  with COVID-19 Impact Analysis, by Component, Software (Core HR, Applicant Tracking System, HR Analytics, & Workforce Management), Services, Deployment Model, Organization Size, Vertical & Region - Global Forecast to 2026"  published by MarketsandMarkets, the global HCM market size is expected to grow from USD 22.3 billion in 2021 to USD 32.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. HCM advancements can be related to a number of factors; however, some of the major factors include the adoption of AI and ML technologies in HR processes and cost reduction achieved using HR software, which is the primary driver, enabling the adoption of HCM technologies within enterprises. Cloud security remains a restraint for adopting HCM cloud among enterprises users, specifically in the highly regulated verticals, such as BFSI, healthcare, and energ...

  According to a research report  " IoT in Manufacturing Market Analysis  by Component (Solutions (Network Management and Data Management) and Services (Professional and Managed)), Deployment Mode, Organization Size, Application, Vertical (Process and Discrete) and Region - Global Forecast to 2026"  published by MarketsandMarkets, the global IoT in Manufacturing Market size to grow from USD 50.0 billion in 2021 to USD 87.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. IoT in manufacturing is a technique of digital transformation that the manufacturing companies adopt for their efficient working of machines and their employees. This employs a network of sensors to collect critical production data and cloud and analytics software are used to convert these data collected to useful information for effective decision-making about ...

  According to a research report  " Advanced Analytics Market Analysis  by Component (Solutions and Services), Business Function (Sales & Marketing, Operations), Type (Big Data Analytics, Risk Analytics), Deployment Mode (On-premises and Cloud), Vertical and Region - Global Forecast to 2026"  published by MarketsandMarkets, the market for Advanced Analytics is projected to grow from USD 33.8 billion in 2021 to USD 89.8 billion by 2026; it is expected to grow at a CAGR of 21.6% during 2021–2026. Advanced analytics describes the sophisticated analysis of data using complex techniques to forecast trends and predict events. It uses state-of-the-art tools, such as ML and AI technologies and complex statistical analyses and algorithms to examine the rising big data and identify patterns to discover deeper insights. Advanced analytics uses quantitative and qualitative methods to uncover relationships, trends, correlations, and outliers. Advanced analytics tools cover ...