The global data visualization market was valued at US$8.227 billion in 2018 and is expected to grow at a CAGR of 8.24% over the forecast period to reach a total market size of US$13.227 billion in 2024. The growth of the market is majorly attributed to continuously increasing penetration of digital technologies into business functions across industries. As the digitization of processes continues across all major verticals, the focus of enterprises towards capitalizing on the huge volumes Read more...
AI Solutions market is projected to grow at a CAGR of 14.81% during the forecast period, reaching a total market size of US$119.866 billion in 2024 from US$52.343 billion in 2018. Artificial Intelligence, as the name suggests, is associated with human intelligence and has similar features such as understanding language, learning, problem-solving, and various others. It is one of the fastest-growing technology. Increasing adoption of cloud-based applications and services, a growing number of co Read more...
Self-Service Kiosk market is projected to grow at a CAGR of 10.11% during the forecast period, reaching a total market size of US$68.321 billion in 2024 from US$38.345 billion in 2018. Self-service kiosks are devices that help in providing information and interactive support to the people in their day to day tasks such as bill payment, buying of tickets, banking transactions, and so on. The self-service kiosks are time saving and cost effective solutions which are used in a variety of industri Read more...
Shared mobility market is projected to grow at a CAGR of 19.64% during the forecast period, reaching a total market size of US$629.550 billion in 2024 from US$214.651 billion in 2018. Shared mobility is a service in which vehicle, motorcycle, scooter, bicycle, or other travel mode is shared among users in lieu of money. The shared mobility has provided immediate advantage in the form of reduced mobility cost as well as more efficient use of the fleet. Proliferation of smartphones and mass mark Read more...
E-hailing market is projected to grow at a CAGR of 20.38% during the forecast period, reaching a total market size of US$522.526 billion in 2024 from US$171.721 billion in 2018. The process of requesting a passenger vehicle through any electronic device such as desktop, mobiles etc. is termed as e-hailing or ride-hailing. Rising proliferation of smartphones and internet connectivity is driving the demand for e-hailing services across the globe. Growing traffic congestion and rising fuel costs Read more...
The global Big Data as a Service (BDaaS) market was valued at US$16.125 billion in 2018 and is expected to grow at a CAGR of 19.08% over the forecast period to reach a total market size of US$45.969 billion in 2024. Big Data as a Service (BDaaS) is a term used to refer to services that offer analysis of large or complex data sets, usually over the Internet, as cloud-hosted services. The market of BDaaS is boosting on account of the increasing demand for statistical analysis as a massive amount Read more...
Telecom API market is projected to grow at a CAGR of 4.50% during the forecast period, reaching a total market size of US$164.459 billion in 2024 from US$126.265 billion in 2018. API enables broad-based communication for application developers by extending an enterprise and opening new markets for it. API extends an enterprise and opens new markets, application developers can easily leverage, publicize and aggregate a company’s assets for broad-based communication. Growing adoption of M2 Read more...
The global identity analytics market was valued at US$4.485 billion in 2018 and is expected to grow at a CAGR of 9.72% over the forecast period to reach a total market size of US$7.824 billion by 2024. Identity analytics manages and monitors the identity-based risks and threats across the organization. The data of the enterprises today rests in on-premise and in cloud data stores, which have multiple access privileges. Therefore, identity analytics management is necessary so that the data can be Read more...
The industrial internet market is projected to reach the market size of US$367.673 billion by the year 2024 from US$160.714 billion in 2018 growing at a CAGR of 14.79%. According to General Electric, Industrial Internet also known as Industrial Internet of Things (IIoT) is the integration and linking of big data, analytical tools and wireless networks with physical and industrial equipment, or otherwise applying meta-level networking functions, to distributed systems. For example, machines inc Read more...
Private LTE market is projected to grow at a CAGR of 24.35% during the forecast period, reaching a total market size of US$9.287 billion in 2024 from US$2.512 billion in 2018. Private LTE is envisioned as standards-based Long Term Evolution networks designed to serve specific enterprise business, government or educational purposes. Increasing adoption of isolation is boosting the market of private LTE. Increased demand for private LTE from industries for improved security for business applicatio Read more...
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