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 an 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 amoun Read more...
Identity as a Service market is projected to grow at a CAGR of 12.48% during the forecast period, reaching a total market size of US$3.404 billion in 2024 from US$1.681 billion in 2018. Identity as a service (IDaaS) comprises cloud-based solutions for identity and access management (IAM) functions, such as single sign-on (SSO). These methods allow all users to more securely access sensitive information both on and off-premises. Growing cybersecurity threats to the data and increasing demand for Read more...
The cloud supply chain management market is evaluated at US$14.307 billion for the year 2019 and is projected to grow at a CAGR of 13.81% to reach the market size of US$35.395 billion by the year 2026. The growth of the cloud supply chain management market is majorly attributed to the continuous shifting of business processes towards the cloud as enterprises continue to increase their focus on agility while adopting solutions that can increase their profit margins by streamlining the business Read more...
The Artificial Intelligence As A Service (Aiaas) Market is evaluated at US$3.758 billion for the year 2019 and is projected to grow at a CAGR of 46.05% reaching the market size of US$53.272 billion by the year 2026. Continuous advancements in the field of artificial intelligence, on account of increasing investments into R&D by major players, have been increasing its popularity among enterprises across industries. High initial costs associated with the adoption of AI had, for a long, been Read more...
The cloud endpoint security market is evaluated at US$0.992 billion for the year 2019 and is projected to grow at a CAGR of 15.77% to reach a market size of US$2.764 billion by the year 2026. The rise in the number of endpoint devices like laptops, desktops, and other devices is anticipated to propel the growth of the cloud endpoint security market during the forecast period. Also, the rapid growth of cloud computing across the globe is another prominent factor projected to drive market growt Read more...
The cloud Operations Support System (OSS) Business Support System (BSS) market was valued at US$15.083 billion in 2019 and is expected to grow at a CAGR of 14.04% over the forecast period to reach a total market size of US$33.184 billion by 2025. The growth of cloud OSS BSS is majorly attributed to rapid growth of communication and technology industry in many regions. Continuously increasing customer base for telecommunication service providers worldwide, driving with the costs associated with s Read more...
The cloud IDS IPS market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. Numerous benefits offered by cloud over On-premise infrastructure have been catalyzing the migration of enterprises towards it. Rapid growth of industries and increasing digitization of business processes is exponentially increasing the volume of data in cloud. Rising incidence of cyber-attacks and increasin Read more...
The Business Process as a Service (BPaaS) market is projected to grow at a CAGR of 7.12% during the forecast period of 2018 to 2024. Increasing penetration of advanced technologies into industries has been fueling the digitization of many business processes among the enterprises. However, stringent regulations regarding data security have been res Read more...
The industrial robots for food & beverage industry market is projected to grow at a CAGR of 16.71% to reach US$3,025.464 million by 2024, from US$1,197.004 million in 2018. Robotics will definitely play an important role in the evolution of the next-generation technologies, hence the use of robots in food and beverages industries will emanate the market growth in the forecast period and beyond. Growing automation is further driving the growth of global industrial robots in the food & Read more...
The global cleaning robot market is projected tgrow at a CAGR of 14.05% during the forecast period of 2017-2023. Cleaning robots are a type of service robots which are used for cleaning application of various surface including floor, pool, carpet, stairs, and grills among various others. Institutions are making use of these robotic systems tincrease factory automation solutions deployed by them and the reliability and cost-effectiveness it offers. Improvement in reliability, reduction in depende Read more...
