ICT Market Research Reports

  According to a research report  " SASE Market  by Offering (Network as a Service, Security as a Service), Organization size (SMEs, Large Enterprises), Vertical (Government, BFSI, Retail and eCommerce, IT and ITeS), and Region (North America, Europe, APAC, RoW) - Global Forecast to 2028"  published by MarketsandMarkets, the global SASE market size is projected to grow from USD 1.9 billion in 2023 to USD 5.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The growing preference for remote working practices, the increase in traffic across public clouds, and the rising dependence on data centers will drive the market. Also, the need for a unified and simplified approach to strengthen network security will drive the SASE market. Network as a Service segment to hold the  highest market share during the forecast period NaaS (Network-as-a-Service) is a cloud-based network management and delivery model that allow...

  According to a research report " Generative AI Market Size by Offering (Software (Transformer Models (GPT-1, GPT-2, GPT-3, GPT-4, LAMBDA)), Services), Application (Computer Vision, Synthetic Data Generation (Medical Imaging, Cybersecurity)), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the generative AI market is projected to grow from USD 11.3 billion in 2023 to USD 51.8 billion by 2028, at a compound annual growth rate (CAGR) of 35.6% during the forecast period. The generative AI market is expected to grow at a significant rate during the forecast period, owing to various business drivers like the innovation of cloud storage enabling easy access to data and evolution of AI and deep learning. Furthermore, the rise in the era of content creation and creative applications drive market growth. By offering, Services to register for the highest CAGR during the forecast period The scope of the services segment comprises professional and ma...

  According to a research report  " 5G IoT Market  by Component (Hardware, Platform, Connectivity, and Services), Network Type (5G Standalone and 5G Non-Standalone), Organization Size, Type (Short-range IoT Devices, Wide-range IoT Devices), End Users and Region - Global Forecast to 2028"  published by MarketsandMarkets, the global 5G IoT system market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. Heavy IoT investments are driving the growth of the 5G IoT market. Professional services segment to lead 5G IoT market during forecast period Professional services include the assistance provided to companies by external sources. These services support businesses of all sizes and across industries. Vendors offering professional services assess the expense and design of solutions for streamlining communication and improving the efficiency of networks. Profes...

  According to a research report  " MEA Cybersecurity Market  by Component (Software, Hardware, and Services), Software (IAM, Encryption and Tokenization, and Other Software), Security Type, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028"  published by MarketsandMarkets, the Middle East and Africa Cybersecurity market size is estimated at USD 22.2 billion in 2023 and is projected to reach USD 36.2 billion by 2028, at a CAGR of 10.2% from 2023 to 2028. Factors such as increasing number of cyber threats and attacks; and digital transformation initiatives are positively driving the growth of Middle East and Africa cybersecurity market. Furthermore, growth of eCommerce and digital payments along with stringent regulations and compliance requirements are also contributing to drive the market growth. By Component, Software segment is expected to account for the largest share in 2023 Software solutions offered in the Middle East and Af...

  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  " Cybersecurity Mesh Market  by Offering (Solutions, Services), Deployment Mode (Cloud, On-premises), Vertical (IT and ITeS, Healthcare, BFSI, Energy and Utilities), Organization Size (SMEs, Large Enterprises) and Region - Global Forecast to 2027"  published by MarketsandMarkets, the global cybersecurity mesh market is projected to grow from an estimated value of USD 0.9 billion in 2023 to USD 2.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 28.6% from 2022 to 2027.Rising cyberattacks faced by organizations in the recent years, is one of the factors driving the market growth. By organization size, large enterprises to account for a largest market size during the forecast period Large enterprises include firms with employee strength of more than 1,000. During the forecast period, the large enterprises segment is projected to account for a larger market size in the cybersecurity mesh. These enterprises are seeing a h...

  According to a research report  " Text-to-Video AI Market  by Component (Software, Services), Deployment Mode, Organization Size, End User (Corporate Professionals, Content Creators), Vertical (Education, Media & Entertainment, Retail & eCommerce) and Region - Global Forecast to 2027"  published by MarketsandMarkets, the global text-to-video AI system market size is projected to grow from USD 0.1 billion in 2022 to USD 0.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 37.1% during the forecast period. Rise in demand for engaging videos in businesses is driving the growth of the text-to-video AI market. Consulting Services segment is estimated to lead the text-to-video AI market in 2022 Consulting services offer unique services that help businesses to realize how many opportunities come from implementing any AI solution into their business. Consulting services deal with complex inquiries and have numerous clients that demand constant changes...

  According to a research report  " Data Annotation and Labeling Market  Component, Data Type, Application (Dataset Management, Sentiment Analysis), Annotation Type, Vertical (BFSI, IT and ITES, Healthcare and Life Sciences) and Region - Global Forecast to 2027"  published by MarketsandMarkets, the global data annotation and labeling market size is projected to register a CAGR of 33.2% during the forecast period, reaching 3.6 billion by 2027 from an estimated USD 0.8 billion in 2022. Nowadays, data had become the key foundation for many businesses across the globe. It fosters organizational development and progress and is crucial to decision-making. Businesses can gain a significant advantage over their competitors and find long-term success by utilizing data insights and experimenting with the trending data annotation solutions. Technologies such as artificial intelligence, machine learning, Internet of Things, and robots are generating large amounts ...