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Showing posts from November, 2023

Big Data Market Size, Share, Growth Prospects and Key Opportunities by 2026

  According to a research report  " Big Data Market Report  by Component, Deployment Mode, Organization Size, Business Function (Finance, Marketing & Sales), Industry Vertical (BFSI, Manufacturing, Healthcare & Life Sciences) and Region - Global Forecast to 2026"  published by MarketsandMarkets, the Big Data market size is projected to grow from USD 162.6 billion in 2021 to 273.4 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. The Big Data industry is driven by sharp increase in data volume. However, rise in data connectivity through cloud computing and incorporation of digital transformation in top-level strategies. Based on the Component, solutions segment to account for a larger market size during the forecast period The Big Data market has been segmented by two components: solutions and services. The deployment of Big Data has witnessed an increase in adoption, as serves a variety of purposes, such as ...

Mass Notification Systems Market Size, Share, Growth, Trends and Forecast – 2028

  According to a research report  " Mass Notification System Market Trends  by Offering (Software, Hardware (Fire Alarm System, Visual Alert Devices, Sirens), Service), Communication, Application (Critical Event Management, Public Safety & Warning), Vertical and Region - Global Forecast to 2028"  published by MarketsandMarkets, the global market for Mass Notification System is projected to grow from USD 19.5 billion in 2023 to USD 49.9 billion by 2028, at a CAGR of 20.7% during the forecast period. Mass Notification Systems (MNS) simplify broadcasting a message to numerous recipients through diverse channels like phone, SMS, email, and more. Implementing MNS yields substantial advantages for organizations and stakeholders, necessitating meticulous pre-planning. It enhances emergency communication, guaranteeing swift distribution of crucial alerts and refining safety protocols. Successful MNS setup entails channel selection, customization, and integration with exi...

Graph Database Market Size, Share, Growth, Trends and Forecast - 2028

  According to a research report  " Graph Database Market Trends  by Model Type (RDF, LPG, Hypergraph), Offering (Solutions, Services), Analysis Type (Community Analysis, Connectivity Analysis, Centrality Analysis, Path Analysis), Vertical, and Region - Global Forecast to 2028"  published by MarketsandMarkets, the global graph database market size to grow from USD 2.9 billion in 2023 to USD 7.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.2% during the forecast period. Increasing adoption for graph database tools and services to drive market. The services segment to hold higher CAGR during the forecast period Based on the offering, the graph database market is segmented into solutions and services. The services segment has been further divided into professional and managed services. Graph database services encompass a range of offerings designed to support the implementation, management, and optimization of graph databases for various applicatio...

5G Security Market Size, Share, Growth, Trends and Forecast - 2028

  According to a research report  " 5G Security Market Trends  by Offering (Solution and Services), End User (Telecom Operators and Enterprises), Network Component Security (RAN and Core Security), Architecture, Application, Vertical and Region - Global Forecast to 2028"  published by MarketsandMarkets, the 5G security market is estimated at USD 1.7 billion in 2023 and is projected to reach USD 9.2 billion by 2028, at a CAGR of 38.9% from 2023 to 2028. The 5G network is connected to vertical industrial networks, such as automobiles, medicine, factories, and IoT devices which creates a network connection structure that comprises complex heterogeneous networks centered on the 5G networks. By offering, the solutions segment is estimated to account for the largest market share in 2023. Due to the increasing complexity and interconnectedness that 5G technology delivers, security is a major problem. With 5G, the fifth generation of wireless networks, data rates are inc...

Facility Management Market Strategy and Remarkable Growth Rate By 2028

  According to a research report  " Facility Management Market Report   by Offering (Solutions (IWMS, BIM, Facility Operations & Security Management) and Services), Vertical (BFSI, Retail, Construction & Real Estate, Healthcare & Life sciences) and Region - Global Forecast to 2028"  published by MarketsandMarkets, the facility management market is estimated at USD 49.6 billion in 2023 to USD 94.8 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 13.8%. Organizations across various industries are increasingly adopting facility management solutions as they play pivotal role in optimizing operations, streamlining processes, and ultimately reducing costs. By implementing strategic facility management practices, businesses are achieving a range of operational benefits which is boosting the market. By Vertical, BFSI segment is estimated to account for the largest market share in 2023. The adoption of facility management practices within the Bankin...

Bare Metal Cloud Market Size, Share, Growth, Trends and Forecast - 2028

  According to a research report  " Bare Metal Cloud Market Trends  by Service Type (Compute, Networking, Database, Security, Storage, Managed), Organization Size (Large, SMEs), Vertical (BFSI, Healthcare & Life Sciences, Manufacturing) and Region - Global Forecast to 2028"  published by MarketsandMarkets, the bare metal cloud market size is expected to grow from USD 8.5 billion in 2023 to USD 19.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 17.4% during the forecast period. The increasing influence of green data center popularity,  data center regulatory standards, cloud data traffic, and hyperscale computing’s rising position in big data analytics are driving the adoption of bare metal cloud services globally. By service type, the security services segment is expected to grow at the highest CAGR during the forecast period. Security services in a bare metal cloud environment are crucial for safeguarding data, applications, and infrastruct...

Generative AI Market Growth in France

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  Growing uptake of Generative AI solutions in healthcare augmenting market growth The Generative AI Market in France is experiencing significant growth, driven by several key factors. One of the primary drivers is the country's strong focus on research and innovation. France has a rich tradition of scientific discovery, and this ethos has extended into the field of Generative AI. French companies have been at the forefront of utilizing GPT-3 for content generation, chatbots, and customer service. The model's ability to generate human-like text and its multilingual capabilities make it particularly valuable in a nation that values its cultural and linguistic diversity.   France is making substantial investments in open-source AI, with plans to become a hub for AI development in Europe. French Government’s investments of USD 40 million for native AI projects and USD 500 million for AI research and development highlights the country's ambitions. This initiative intersects...

Digital Identity Solutions Market Growth in France

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 France has showcased a solid commitment to advancing digital identity solutions , recognizing their pivotal role in modernizing processes, bolstering security, and enhancing user experiences. The French Parliament has already approved the Digital Republic Bill. This law’s new measures will govern the digital economy, including internet access, open data, and online cooperative economies. Over the years, the country has consistently emphasized the importance of secure digital identities. Service de Garantie de l'identité numérique (SGIN) has been formally established by the French government agency ANTS. It allows French residents to authenticate themselves via a smartphone app. This development is a component of the national digital ID program launched in 2021. Apart from such initiatives, the French government has also initiated various collaborations with private-sector entities. France is actively exploring cutting-edge technologies to augment digital identity solutions. Gove...

Smart Warehousing Market Size, Share, Growth, Trends and Forecast – 2028

  According to a research report  " Smart Warehousing Market Size  by Offering (Hardware, Software, Services), Technology (AI & Analytics, Robotics & Automation), Application (Inventory Management, Predictive Analytics), Warehouse Size, Vertical and Region - Global Forecast to 2028"  published by MarketsandMarkets, the smart warehousing market is projected to grow from USD 20.4 billion in 2023 to USD 40.5 billion by 2028, at a compound annual growth rate (CAGR) of 14.6% during the forecast period. The smart warehousing market is expected to grow significantly during the forecast period, owing to various business drivers like the emergence of multi-channel distribution networks, and the rising focus on green initiatives and sustainability to minimize waste. The dynamic nature and globalization of supply chain networks is also accountable for driving the market’s growth. By services, managed services to register for the highest CAGR during the forecast p...