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Showing posts from April, 2024

Customer Journey Analytics Market Size, Share, Growth, Trends and Forecast – 2026

  According to a research report  " Customer Journey Analytics Market Graph 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 slowdown i...

Partner Relationship Management Market Size, Share, Growth, Trends and Forecast - 2026

  The report  " Partner Relationship Management Market Graph   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 also...

Casino Management Systems Market Share, Growth Prospects and Key Opportunities by 2025

  The report  " Casino Management Systems Market Graph 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 mod...

Smart Space Market Share, Growth Prospects and Key Opportunities by 2025

  The report  " Smart Space Market Graph 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 is chan...

Business Rules Management System Market Size, Share, Growth, Trends and Forecast - 2025

  The report  " Business Rules Management System Market Graph 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 rules to v...

Oilfield Communications Market Share, Growth Prospects and Key Opportunities by 2025

  According to a research report  " Oilfield Communications Market Graph 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 for transp...

Self-Sovereign Identity (SSI) Market Size, Share, Growth, Trends and Forecast – 2029

  According to a research report " Self-Sovereign Identity Market by Offering (Solutions and Services), Identity Type (Biometrics and Non-biometrics), Network, Organization Size, Vertical (BFSI, IT & ITES, and Healthcare) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global self-sovereign identity (SSI) market size is projected to grow from USD 1.8 billion in 2024 to USD 47.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 90.5% during the forecast period. The increasing prevalence of identity theft is compelling organizations to adopt self-sovereign identity (SSI) solutions for more robust authentication and identity protection. Concurrently, small and medium-sized enterprises (SMEs) drive SSI growth through innovative technologies and partnerships, offering tailored identity management solutions across sectors. Initiatives like Alliance Block's Nexerald platform showcase SMEs' pivotal role in advancing SSI adoption, ensu...

Human Capital Management Market Share, Growth Prospects and Key Opportunities by 2029

  According to a research report  " Human Capital Management Market Size  by Offering (Software (Core HR, ATS, HR Analytics, and Workforce Management) and Services), Deployment Model, Organization Size, Vertical (BFSI, Manufacturing, IT & Telecom, Government) & Region - Global Forecast to 2029"  published by MarketsandMarkets, the human capital management market is expected to grow from USD 27.5 billion in 2024 to USD 41.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period. HCM focuses on optimizing the potential of a company's workforce through strategic HR practices. It transcends borders, harnessing diverse talents worldwide and shaping global enterprises for sustainable growth and competitive advantage. These drive the development of the HCM market. Based on the Offering, the Services segment will grow at the highest CAGR during the forecast period . In services, HCM intersects with several vital drivers, reshap...