ICT Market Research Reports

  According to a research report  " Decentralized Identity Market Growth by Identity Type, End User, Organization Size, Vertical (BFSI, Government, Healthcare and Life Sciences, Retail and eCommerce, Telecom and IT, Transport and Logistics, Real Estate, Others) and Region - Global forecast to 2027"  published by MarketsandMarkets, the decentralized identity market size is projected to grow from USD 285 million in 2022 to USD 6,822 million by 2027, at a Compound Annual Growth Rate (CAGR) of 88.7% during the forecast period. The major driving factors contributing to the high growth rate of decentralized identity market include rising instances of security breaches and identity related fraud, inefficiency of existing identity management practices and end user advantage of retaining full control over use of identities. By organization size, the large enterprises to hold largest market share during the forecast period The increasing investments in the blockchain technolog...

  According to a research report  " Non-Fungible Tokens Market Growth by Offering (Business Strategy Formulation, NFT Creation, and Management, NFT Platform – Marketplace), End-user (Media and Entertainment, Gaming), Region (Americas, Europe, MEA, APAC) - Global forecast to 2027"  published by MarketsandMarkets, the global Non-Fungible Tokens market size is expected to grow from USD 3.0 billion in 2022 to USD 13.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 35.0% from 2022 to 2027. The increasing influence of celebrities to fuel the momentum of NFT adoption, revolutionizing the gaming industry, slow but continuing rise in demand for digital artworks are expected to boost the growth of the NFT market across the globe during the forecast period. Moreover, with increasing use cases of NFT in supply chain management, retail, and fashion, efforts of industry giants toward making metaverse a reality, personalization of NFT would provide lucrative opportunitie...

  The report " Federated Learning Market Growth by Application (Drug Discovery, Industrial IoT), Vertical (Healthcare and Life Sciences, BFSI, Manufacturing, Retail and eCommerce, Energy and Utilities), and Region - Global Forecast to 2028 " As per AS-IS scenario, the global federated learning solutions market size to grow from USD 117 million in 2023 to USD 201 million by 2028, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. Various factors such as the potential to enable companies to leverage a shared Machine Learning (ML) model collaboratively by keeping data on devices and the capability to enable predictive features on smart devices without impacting user experience and leaking private information are expected to offer growth opportunities for federated learning solutions during the forecast period. As per AS-IS scenario, among verticals, the manufacturing segment to grow at the highest CAGR during the forecast period The federated lea...

  According to a research report  " Encryption Software Market Growth  by Component, Application (Disk Encryption, File/Folder Encryption, Communication Encryption, & Cloud Encryption), Deployment Mode, Organization Size, Vertical & Region - Global Forecast to 2026"   published by MarketsandMarkets, the global Encryption software market size is expected to grow from USD 10.9 billion in 2021 to USD 22.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.2% from 2021 to 2026. An increase in the adoption of Encryption software solutions in IT and Telecommunications companies are expected to boost the growth of the Encryption software market. Additionally, Encryption software market is expected to witness rapid growth worldwide due to various factors such as Stringent regulatory standards and data privacy compliances, Rising concerns pertaining to loss of critical data and Exponential increase in adopting cloud and virtualization technologies. By ...

  According to a research report  " IoT in Manufacturing Market Size  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 the ...

  According to a research report  " No-Code AI Platforms Market  Size, Share, Growth Analysis, by Offering (Solutions, Services), Technology, Data Modality, Application (Workflow Automation, Platform Building, Predictive Lead Scoring), Vertical, and Region - Global Industry Forecast to 2029"  published by MarketsandMarkets, the no-code AI platforms market is expected to grow from USD 4.9 billion in 2024 to USD 24.8 billion in 2029, at a CAGR of 38.2%  during the forecast period. No-code AI platforms revolutionize AI adoption by enabling businesses without specialized skills to implement projects quickly and affordably. It offers accessibility, speed, and cost-effectiveness, empowering users to deploy predictive analytics, image and speech recognition, chatbots, fraud detection, and supply chain optimization solutions. However, successful deployment requires careful planning to ensure accuracy, reliability, and security. Integration with existing systems can be c...

  According to a research report  " Marketing Resource Management Market Size by Component (Solutions and Services), Deployment Type, Organization Size, Industry Vertical (Consumer Goods and Retail, BFSI, and Manufacturing), Region - Global Forecast to 2026"  published by MarketsandMarkets, the MRM market size is expected to grow from USD 3.2 billion in 2021 to USD 5.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The Increased demand for cloud-based solutions and services during COVID 19, rising numbers of small businesses, business expansion by market, and growing investments in cutting-edge technologies and increased pace of digital transformation are a few factors driving the growth of the MRM solutions and services. Adoption of performance management solutions is noticeably increasing in among large enterprises due to increased need to enhance marketing performance The planning and budget management solution helps ...

  The report  " Web Content Management Market Size by Component, Solution (Standalone & Integrated), Application (Website Management, Social Media Management, Workflow Management), Deployment Mode, Vertical, and Region - Global Forecast to 2026" , size to grow from USD 6.9 billion in 2021 to USD 14.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period. Various factors such as customer shift towards video-based content across the Over-The-Top (OTT) platform, and adoption of AR and VR to enable companies to modify website content are expected to drive the demand for WCM solutions and services. COVID-19 is disrupting the world, businesses, and economies, thus impacting the livelihood of people, their interactions, and the way they manage their businesses. The ability to sustain has become the new normal for enterprises as they are shifting their focus from growth opportunities and concentrating on implementing drastic measures to m...