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Showing posts from July, 2025

Vector Database Industry Set to Hit $4.3 Billion by 2028

  According to MarketsandMarkets™, the value of the global Vector Database Industry   will increase from USD 1.5 billion in 2023 to USD 4.3 billion by 2028, at a CAGR of 23.3%. As AI and machine learning applications grow, vector databases are crucial in storing and querying high-dimensional data, such as embeddings from deep learning models. This trend will persist as AI and ML adoption expands. Download PDF Brochure@   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=112683895 The vector database market is expanding, and vendors are adopting a strategic focus to attract customers. Vector databases are a powerful new technology well-suited for many applications. As the demand for machine learning and AI applications grows, vector databases will likely become even more popular. Vector databases are essential for many machine learning and AI applications, such as natural language processing, image recognition, and fraud detection; this is because vector databas...

Wi-Fi as a Service Sector Projected to Grow to $21.96 Billion by 2030

  According to MarketsandMarkets™, the Wi-Fi as a Service sector will surge from USD 9.27 billion in 2025 to USD 21.96 billion by 2030, marking a CAGR of 18.8%. The growth of the Wi-Fi as a Service (WaaS) market is driven by a combination of technological, operational, and strategic factors that align with modern enterprise needs. The increasing shift from capital expenditure (CapEx) to operational expenditure (OpEx) models reflects organizations' pursuit of cost-efficient, subscription-based network solutions that reduce upfront investments and simplify IT management. The rapid adoption of cloud-managed networking is also speeding up market growth, allowing for centralized control, remote configuration, and scalability across distributed environments. The rising number of connected devices, especially IoT endpoints, is fueling demand for secure, high-capacity wireless infrastructure capable of supporting diverse use cases. Additionally, the growing prevalence of hybrid and remote...

By 2028, Advanced Analytics Market Set to Touch $226.2 Billion

  According to MarketsandMarkets™, the size of the advanced analytics market is expected to grow at a CAGR of 28.6%, reaching USD 226.2 billion by 2028 from USD 64.3 billion in 2023. The advanced analytics market is expected to grow significantly during the forecast period, owing to various business drivers like the rising adoption of big data and other related technologies to leverage real-time data processing and the growing demand for cloud-based analytics solutions for better accessibility and cost-effectiveness. Download PDF Brochure@   http://marketsandmarkets.com/pdfdownloadNew.asp?id=58104148 Advanced Analytics Industry Insights Build AI-Driven Offerings: Enhance advanced analytics portfolios with artificial intelligence and machine learning capabilities to address complex business problems and automation needs. Leverage Cloud Native Analytics: Promote scalable, accessible solutions via cloud deployment, appealing to both large enterprises and fast-growing mid-markets...

Web 3.0 Market Growth Expected to Hit $5.5 Billion by 2030

  According to MarketsandMarkets™,   the global Web 3.0 Market Growth is anticipated to increase from USD 0.4 billion in 2023 to USD 5.5 billion by 2030, reflecting a CAGR of 44.9% throughout the forecast period. Web 3.0 signifies a profound shift toward a more decentralized and democratic Internet ecosystem. It has emerged as a prominent buzzword, reflecting the growing interest in restructuring online interactions. Unlike the current internet, Web 3.0 envisions a landscape where power and control are distributed among users through technologies such as blockchain and decentralized autonomous organizations (DAOs). This concept fosters greater individual agency and ownership of digital assets, challenging traditional centralized models. As Web 3.0 continues to gain traction, it promises to reshape online interactions, enabling a more equitable and user-centric internet experience. Download PDF Brochure@   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195663542 ...

3D Digital Asset Market Size Forecasted at $51.8 Billion by 2029

  According to MarketsandMarkets™, the 3D Digital Asset Market Size is projected to increase from USD 28.3 billion in 2024 to USD 51.8 billion by 2029, registering a CAGR of 12.9% during the forecast period. Advancements in AR and VR will boost the growth of the 3D Digital Asset market during the forecast period. The significant factor is the increasing utilization of 3D assets in gaming, film, and e-commerce, influenced by the demand fosr immersive and interactive experiences. The market is anticipated to experience further growth due to the rising investments in advanced 3D content creation technologies and tools, allowing for the creation of more complex and high-quality digital assets. Download PDF Brochure@   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=109920847 Go to Market Insights Invest in Advanced Visualization and Real-Time Rendering:  Offer real-time 3D content creation tools and visualization platforms to capture demand from gaming, film, and AR/...

Cloud Migration Services Market Size Set to Hit $29.2 Billion by 2028

  According to MarketsandMarkets™, between 2023 and 2028, the cloud migration services market size is projected to grow from USD 10.2 billion to USD 29.2 billion at a CAGR of 23.3%. The cloud migration services market is expected to grow significantly during the forecast period, owing to numerous business drivers such as rising demand for better agility and automation, and seamless integration and compatibility of enterprises with the evolving landscape of cloud technology. Download PDF Brochure@   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266815130 By service type, assessment & planning services segment to register for the largest market size during the forecast period. By service type, assessment & planning services segment is expected to register the largest market size during the forecast period. These services align the cloud migration strategy with the business objectives of the organization. By understanding the specific goals and requirement...

$81.01 Billion Marketing Automation Market Estimated by 2030

  According to MarketsandMarkets™, the marketing automation market is projected to surge to USD 81.01 billion by 2030 from USD 47.02 billion in 2025, growing at a CAGR of 11.5%. The market is driven by rapid adoption of AI-powered solutions that enhance customer engagement, a strong focus on personalized marketing to improve ROI, and a widespread shift toward omnichannel automation platforms. These factors enable businesses to deliver timely and relevant experiences across customer touchpoints, such as personalized email campaigns based on user behavior and AI-driven product recommendations tailored to individual preferences, thereby fueling robust market growth. Download PDF Brochure@   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155627928 Email marketing automation tools will register the largest market share during the forecast period Email marketing automation tools hold the highest market share in the marketing automation market as they offer a cost-effective...

Edge Security Sector Set to Hit $51.1 Billion by 2027

  According to MarketsandMarkets™, the edge security sector   is on a trajectory to grow from USD 19.2 billion in 2022 to USD 51.1 billion by 2027, at a CAGR of 21.6%. By component, the services segment is expected to grow at a higher CAGR during the forecast period. Based on components, the market is segmented into solutions and services. The services segment is expected to grow at a higher CAGR during the forecast period. The services segment has been broadly classified into professional and managed services. Professional services have been further classified into implementation & integration, training & consulting, and support & maintenance. The training & consulting services segment enables enterprises to choose the best possible solutions and services depending on the company size, requirement, usage, and many more. Support & maintenance services provide enterprises with technical, customer, and backup support to ensure uninterrupted operational a...

Data Diode Market Growth Poised to Reach $0.72 Billion by 2030

  According to MarketsandMarkets™, the data diode market growth is set to increase from USD 0.48 billion in 2024 to USD 0.72 billion by 2030, at a healthy CAGR of 7.2%. Data diodes are experiencing substantial development as their applications spread across developing industries such as BFSI, healthcare, transportation, and telecommunications, where they protect systems such as POS terminals, fleet management, and 5G networks from cyber-attacks. Furthermore, integration with sophisticated technologies such as artificial intelligence and machine learning improves real-time threat identification, anomaly analysis, and automated risk mitigation. These developments optimize data diode designs, allowing them to adapt to changing cyber threats with minimum user intervention. As cybersecurity threats grow across sectors, data diodes offer strong, future-ready solutions for securing sensitive systems, preserving operational continuity, and boosting security in an increasingly linked digit...

Facility Management Market Size Projected at $138.50 Billion by 2030

  The global facility management market size will grow to USD 138.50 billion by 2030, starting from USD 61.08 billion in 2025 at a CAGR of 17.8%. The rise of digital transformation and sustainability mandates is transforming facility management into a strategic driver of operational excellence, cost savings, and compliance. Integrated solutions such as IWMS, BIM, and IoT-enabled systems offer real-time data analytics, predictive maintenance, and centralized control over building operations. For instance, CBRE and JLL leveraged such technologies to enhance service delivery and tenant satisfaction across commercial portfolios. Download PDF Brochure@   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1030 Similarly, Fortescue Metals in Australia used system information modeling to achieve significant cost savings and enhanced project execution at its mining and port facilities. The need for efficient resource utilization and adherence to stringent environmental standards ...