ICT Market Research Reports

  The generative AI market in the U.S. is growing, fueled by swift progress in machine learning, natural language processing, and rising needs for automation in various sectors. Sectors like healthcare, finance, marketing, and retail are utilizing generative AI for a variety of uses, such as content creation, data processing, forecasting models, and individualized customer engagement. The rise in adoption is motivated by the desire to boost operational efficiency, refine decision-making, and create new products and services. The country is home to numerous tech giants, startups, and research institutions that are at the forefront of developing advanced AI frameworks and technologies, reinforcing the country’s status as a leader in AI innovation. Initiatives from federal and state governments, combined with substantial investments from private and public sectors, are speeding up the adoption of generative AI solutions. Strategic investments in AI research, along with supportive p...

 The smart transportation market growth is projected to grow from USD 122.4 billion in 2023 to USD 248.7 billion by 2028, at a CAGR of 15.2% during the forecast period.  Factors such as developments in IoT technology are expected to drive the growth of the smart transportation market. With the ongoing advancements, smart connectivity and control devices are expected to become highly intelligent and self-governing. Increasing adoption of 5G in urban areas is driving the adoption of smart transportation solutions and services. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=692 Factors that Drive Smart Transportation Market Global urban population expansion is increasing need for sustainable and effective transportation options. Urban transportation networks are improved, mobility is increased, and congestion is reduced with the use of smart transportation technologies. Traditional transportation systems face serious problems from ...

  The Graph Database Market Share is expected to reach USD 2,143.0 million by 2030 from USD 507.6 million in 2024, at a Compound Annual Growth Rate (CAGR) of 27.1 % from 2024–2030. Graph databases ensure enterprise knowledge management by rebuilding complex data with interconnected nodes and relationships and providing a more straightforward way to navigate and retrieve information. It helps businesses build a comprehensive knowledge graph uniting disparate data sources and enables complex semantic search, context-aware recommendations, and data discovery. Graph databases support better decision-making, foster innovation, and improve team cooperation by mapping relationships between organizational knowledge. They are handy for large organizations, which depend on accessing and utilizing vast amounts of structured and unstructured data to be productive and competitive. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126230231 Emerging Trends in...

 The Worldwide Application Security Market to grow from USD 33.7 billion in 2024 to USD 55.0 billion by 2029 at a compound annual growth rate (CAGR) of 10.3% during the forecast period. Increased reliance on applications and rising cyber threats are driving the need for robust security measures, especially for cloud-based applications and APIs. Market growth is fueled by evolving threats, tighter regulations, and the adoption of cloud and mobile technologies. Emerging trends like AI and machine learning further shape the landscape. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110170194 Application Security Market Dynamics: Drivers: Rise in security breaches targeting business applications. Opportunities: Adoption of artificial intelligence and machine learning in application security Restraints: Budget constraints and return on investments List of Application Security Companies: IBM (...

  The Fintech as a Service Industry Share is estimated to grow from USD 358.8 billion in 2024 to USD 806.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.6% during the forecast period. FaaS is intended to offer payment, lending, analytics, and compliance services to various sectors. By leveraging pre-made specialized solutions in the financial domain, FaaS allows enterprises to avoid the significant financial and human resource expenditures that are usually associated with internal development from scratch. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9388805 Fintech as a Service (FaaS) Market Dynamics: Drivers: ·          Operational flexibility and scalability with advent of cloud computing technology ·          Innovation of AI and blockchain ·          Growth in demand for streamlined compliance ...

The payment processing solutions sector is expected to grow from USD 103.2 billion in 2023 to USD 160.0 billion by 2028, marking a compound annual growth rate of 9.2% over the forecast years. The increasing prevalence of smartphones and mobile applications has led to a growing trend of consumers utilizing mobile devices for making payments. Mobile payment solutions, such as digital wallets and mobile banking apps, heavily depend on payment processing services to facilitate smooth transactions, driving the payment processing solutions market. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=751866 Benefits of Payment Processing Solutions Enhanced Security: Modern payment processing solutions offer advanced security features such as encryption, tokenization, and fraud detection to protect sensitive payment information. Improved Efficiency: Automating transaction processes reduces manual effort, minimizes errors, and speeds up payment workflows, enh...

The parking management market size is predicted to grow at a CAGR of 7.4%, rising from USD 5.6 billion in 2024 to USD 8.1 billion by 2029 The increasing population density in urban areas necessitates the provision of adequate parking facilities. This commenced with the growing number of people who shifted their residences from rural to urban areas, thus increasing demand for adequate parking space since the number of vehicles on the road rose. This trend fuels the market’s need to address the increasing number of vehicle ownerships by providing sophisticated solutions to meet the demands of owners and manufacturers. Good parking discipline ensures that many available parking spaces in the cities are utilized to the maximum, hence diminishing disorderly parking drills that are common in many streets, thus enhancing the quality of life in cities. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1249 Parking Management Market Dynamics: Drivers: ...