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Showing posts from May, 2023

Data Center Rack Server Market: Size, Share, Trends, Current and Future Analysis

  According to a research report  " Data Center Rack Server Market Size by Form Factor (1U, 2U, and 4U), Service, Tier Type (Tier 1, Tier 2, Tier 3, and Tier 4), Data Center Type (Mid-Sized, Enterprise, and Large Data Centers), Industry, and Region - Global Forecast to 2024"  published by MarketsandMarkets, the global data center rack server market size is expected to grow from USD 52.1 billion in 2019 to USD 102.5 billion by 2024, at a CAGR of 14.5% during the forecast period. Major growth factors for the market include an increasing need for high-density servers due to high computation needs and advancement in emerging technologies, such as edge computing, IoT, and big data analytics. 2U form factor segment to hold the largest market size during the forecast period The 2U form factor segment is estimated to hold one of the largest chunks of the data center rack server market shares during the forecast period. This is mainly because it facilitates easy adoption in...

LoRa and LoRaWAN IoT Market: Size, Share, Trends, Current and Future Analysis

  According to a research report  " LoRa and LoRaWAN IoT Market  by Offering (Hardware, Platforms, and Services), Application (Smart Cities, Industrial IoT, Smart Healthcare), End User (Retail, Manufacturing, Healthcare, Energy & Utilities, Residential) and Region - Global Forecast to 2028"  published by MarketsandMarkets, the LoRa and LoRaWAN IoT market is estimated at USD 5.6 billion in 2023  and is projected to reach USD 25.5 billion by 2028, at a CAGR of 35.3% from 2023 to 2028. Governments collaborate with private organizatisons, research institutions, and industry associations to develop IoT ecosystems and drive innovation. These partnerships often involve joint projects, knowledge sharing, and the establishment of testbeds and pilot programs. Governments foster the development and adoption of LoRa and LoRaWAN IoT solutions by actively engaging with the private sector across different industries. By application, Industrial IoT applications are estima...

Law Enforcement Software Market: Size, Share, Trends, Current and Future Analysis

  According to a research report " Law Enforcement Software Market by Component, Solution (Computer-aided Dispatch, Record Management, Jail Management, Incident Response, and Digital Policing), Service, Deployment Type (On-premises and Cloud) and Region - Global Forecast to 2028" published by MarketsandMarkets, the law enforcement software market size is expected to grow from USD 16.4 billion in 2023 to USD 25.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. Increased rates and the changing nature of crime are major drivers for the rise in the need for innovative law enforcement solutions and services. Governments worldwide constantly focus on reforming laws, regulations, and policies to fight against crime and enhance public security. Law enforcement agencies are responsible for enforcing the law by discovering,   deterring,   rehabilitating, or   punishing people who violate the rules and norms   governing that soc...

Customer Experience Management Market: Size, Share, Trends, Current and Future Analysis

  According to a research report  " Customer Experience Management Market Forecast  by Component (Solutions, Services), Touchpoint, Deployment Type, Organization Size, Vertical (Travel and Hospitality, BFSI, Retail, Healthcare, IT and Telecom), and Region - Global Forecast to 2026"  published by MarketsandMarkets, the global Customer experience management Market size to grow from USD 9.5 Billion in 2021 to USD 16.9 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period. CEM has changed the way organizations interact with their employees and customers. It provides insights for day-to-day decision-making, thereby resulting in enhanced operational efficiency, optimized business outcomes, and increased customer satisfaction. The transformation enables innovation and creativity in a particular domain, rather than simply improving and supporting traditional methods. CEM is rapidly gaining traction as enterprises seek solutions, technol...

Text to video AI Market: Size, Share, Trends, Current and Future Analysis

  According to a research report  " Text to Video AI Market Size   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 c...

Identity Verification Market: Size, Share, Trends, Current and Future Analysis

  According to a research report  " Identity Verification Market Size  by Component (Solutions and Services), Type (Biometric and Non-Biometric), Organization Size, Deployment Mode, Application, Vertical (BFSI, Retail and eCommerce, and Gaming and Gambling) and Region - Global Forecast to 2027"  published by MarketsandMarkets, the global market is projected to grow from USD 9.5 billion in 2022 to USD 18.6 billion by 2027, at a compound annual growth rate (CAGR) of 14.4% during the forecast period. Factors driving the market growth include increasing identity thefts and growing risks of fraudster access, stringent government regulations and mandates concerning privacy, and a rise in digitalization initiatives. By component, the services segment to grow with the highest CAGR during the forecast period The identity verification market is segmented into solutions and services on the basis of components. The services segment has the highest CAGR because of the increas...

Smart Cities Market: Size, Share, Trends, Current and Future Analysis

  According to a research report  " Smart Cities Market Forecast  by Focus Area, Smart Transportation, Smart Buildings, Smart Utilities, Smart Citizen Services (Public Safety, Smart Healthcare, Smart Education, Smart Street Lighting, and E-Governance) and Region - Global Forecast to 2027"  published by MarketsandMarkets, the smart cities market is expected to grow from USD 511.6 billion in 2022 to USD 1024.4 billion by 2027, at a CAGR of 14.9% during the forecast period. The smart cities market is growing due to the rising need for public safety and advanced communication infrastructure, growing adoption of connected and smart technologies, rising energy optimization requirements, and intensifying citizen engagement. By smart transportation solution, passenger information management is expected to register the fastest growth rate during the forecast period. The passenger information system is an important link between passengers and transit service providers and ...

IoT in Manufacturing Market Strategy and Remarkable Growth Rate By 2026

  According to a research report  " IoT in Manufacturing Market Forecast  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 ...