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Showing posts from August, 2023

Customer Journey Analytics Market Innovations, Technology Growth and Research -2026

  According to a research report  " Customer Journey Analytics Market Trends   by Component, Organization Size, Deployment Mode, Data Source, Application (Campaign Management & Product Management), Vertical (BFSI, Retail & eCommerce, & Telecommunications and IT), and Region - Global Forecast to 2026"  published by MarketsandMarkets, the global customer journey analytics market size to grow from USD 8.3 billion in 2020 to USD 25.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.3% during the forecast period. Various factors such as the growing need to provide seamless customer experience, a higher focus on better customer engagement strategies through omnichannel, and adoption of advanced analytics solutions to leverage the increasing customer data and reduce customer churn rate, are expected to drive the demand for customer journey analytics solutions and services. The customer journey analytics market is projected to witness a slight slo...

Partner Relationship Management Market Strategy and Remarkable Growth Rate By 2026

  The report  " Partner Relationship Management Market Trends   by Component (Solutions (Engage, Collaborate, and Manage) and Services (managed and training, consulting, and integration)), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2026" , size is expected to grow from USD 920 million in 2020 to USD 1,997 million by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period. The key factors that are expected to drive the growth of the market are need to control the functional relationship between organizations and external partner channels and focus on the enhancement of partner communication and reduction in channel management costs. Solutions segment to hold a larger market size during the forecast period Based on solutions, the PRM market is segmented into engage, collaborate, and manage. These solutions assist end users in managing partners with ease and improve the overall operational performance. They als...

Casino Management Systems Market Strategy and Remarkable Growth Rate By 2025

  The report  " Casino Management Systems Market Trends by Component (Solutions and Services), Application (Accounting, Security and Surveillance, Player Tracking, Hotel and Hospitality, Analytics, and Digital Content Management), End User, and Region - Global Forecast to 2025" , is projected to grow from USD 6.4 billion in 2020 to USD 13.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. The evolving lifestyle and societal concerns and increasing use of cashless slot machines and server-based gaming to drive the market growth. By component, the service segment to register the highest growth rate during the forecast period Casino management solutions help casinos to run day-to-day operations smoothly and efficiently. These solutions collect information, store them in the database, and reproduce for making decisions at various points of time. All these solutions are deployed either as an individual system or as an integrated mo...

Smart Space Market Innovations, Technology Growth and Research -2025

  The report  " Smart Space Market Analysis  by Component (Solutions and Services (professional & managed)), Application (Energy Optimization and Management, Emergency Management, & Security Management), Premises Type (Commercial, Residential), and Region - Global Forecast to 2025" , size is projected to grow from USD 9.4 billion in 2020 to USD 15.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. Increasing green building initiatives and environmental concerns to drive market growth. By component, the service segment to register the highest growth rate during the forecast period Services form an integral part of the software deployment and execution lifecycle. Services, including consulting, product support, updates, and maintenance, are required at various stages, starting from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get better ROI. Smart space ...

Business Rules Management System Market Strategy and Remarkable Growth Rate By 2025

  The report  " Business Rules Management System Market Analysis   by Component (Software and Services), Organization Size (Large Enterprises and SMEs), Deployment Type, Vertical (BFSI, Government and Defense, and Telecom and IT), and Region - Global Forecast to 2025" , size is expected to grow from USD 1.0 billion in 2020 to USD 1.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. The key factors that are expected to drive the growth of the market are the increasing need to manage regulatory and policy compliance and the growing need to improve process efficiency. Software segment to hold a larger market size during the forecast period A BRMS enables defining, analyzing, executing, auditing, and maintaining a wide variety of business rules that are applied to complex decision logic within an organization. The software provides the ability to define relationships between different business rules and relate these business ru...

Oilfield Communications Market Innovations, Technology Growth and Research -2025

  According to a research report  " Oilfield Communications Market Forecast   by Component, Communication Network (VSAT Communication Network, Fiber Optic-based Communication Network, Microwave Communication Network), Field Site, Application, and Region - Global Forecast to 2025" The oilfield communications market is projected to grow from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.5% during the forecast period. Various factors such as rising technological advancements for enhanced communication across oilfields, increasing investments in enhancing network infrastructure, and growing demand from oil and gas operators to scale the production of mature oilfields and reservoirs are expected to drive the adoption of the oilfield communications market. Businesses providing oilfield communications solutions and services are expected to witness a minor decline in their growth for a short span of time. The COVID-19 lockdown has also reduced the demand fo...

Blockchain AI Market Strategy and Remarkable Growth Rate By 2025

  The report  " Blockchain AI Market Forecast   by Technology (ML & NLP), Component (Platform/Tools & Services), Deployment Mode, Organization Size, Application (Smart Contracts, Payments, & Asset Tracking), Vertical (BFSI, Automotive, & Media), and Region - Global Forecast to 2025" , size is projected to grow from USD 228 million in 2020 to USD 703 million by 2025, at a Compound Annual Growth Rate (CAGR) of 25.3% during the forecast period. The increasing venture capital funding and growing investments in Blockchain AI technology to drive market growth. By component, the service segment to register the highest growth rate during the forecast period The services segment includes various services required to deploy, execute, and maintain the blockchain AI platform in an organization. These services include technology advisory and consulting, system integration and deployment, and support and maintenance. As the blockchain AI platforms adoption increases...

Parking Management Market Strategy and Remarkable Growth Rate By 2028

The Parking Management Market is estimated at USD 4.4 billion in 2023 and is projected to reach USD 6.3 billion by 2028, at a CAGR of 7.4% from 2023 to 2028. The market growth can be attributed to several factors, such as the increasing traffic congestion and adoption smart technologies, such as big data, cloud, and the Internet of Things (IoT). Other factors supporting the market growth include the proliferation of smartphones, followed by the increasing vehicle sales rate. During the forecast period, introducing autonomous vehicles is expected to provide a wholesome opportunity for brisk growth of the parking management market. However, system integration issues may restrict the overall market growth. Based on services, the professional service segment is expected to account for the largest market size during the forecasted period Businesses can access specialized support services from professionals, experts, and specialists to foster growth. These professional services may include ...

IT Operations Analytics Market Strategy and Remarkable Growth Rate By 2025

  According to a research report  " IT Operations Analytics Market Forecast   by Component (Solutions and Services), Solution (Log Management, Network and Security Management, Anomaly Detection), Service, Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2025"  published by MarketsandMarkets, the global ITOA market size to grow from USD 9.3 billion in 2020 to USD 45.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 37.2% during the forecast period. Various factors such as the reduction in IT operational costs, better customer experiences, improved network security and privacy capabilities, enhanced visibility into processes and operations, improved real-time decision-making, and use of operational analytics to mitigate the risk of COVID-19 are the key business and operational priorities that are expected to drive the growth of ITOA market. The ITOA market is expected to witness a slowdown in 2020 due to the global lockdown....