The cloud supply chain management 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. The growth of this market is majorly attributed to continuous shifting of business processes towards cloud as enterprises continue to increase their focus on agility while adopting solutions which can increase their profit margins by streamlining the business processes. Read more...
The Artificial Intelligence as a Service (AIaaS) market was valued at US$1.907 billion in 2017 and is expected to grow at a CAGR of 40.38% over the forecast period to reach a total market size of US$14.596 billion by 2023. 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. However, high initial costs associated with adoption of AI had, for long, b Read more...
The cloud endpoint security market was valued at US$0.752 billion in 2017 and is expected to grow at a CAGR of 14.85% over the forecast period to reach a total market size of US$1.726 billion by 2023. The growth of this market is majorly attributed to rapid growth of cloud computing across the globe. Continuous digitization of business processes is pushing the enterprises towards cloud. As vendors in the cloud market continue to improve their offerings, the services are being adopted by both SME Read more...
The cloud Operations Support System (OSS) Business Support System (BSS) market was valued at US$XX.XX billion in 2018 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2024. The growth of cloud OSS BSS is majorly attributed to rapid growth of communication and technology industry in many regions. Continuously increasing customer base for telecommunication service providers worldwide, driving with the costs associated with sup Read more...
The cloud IDS IPS market was valued at US$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$XX.XX billion by 2023. Numerous benefits offered by cloud over On-premise infrastructure have been catalyzing the migration of enterprises towards it. Rapid growth of industries and increasing digitization of business processes is exponentially increasing the volume of data in cloud. Rising incidence of cyber-attacks and increasin Read more...
The Business Process as a Service (BPaaS) market is projected to grow at a CAGR of 7.12% during the forecast period of 2018 to 2024. Increasing penetration of advanced technologies into industries has been fueling the digitization of many business processes among the enterprises. However, stringent regulations regarding data security have been responsible for huge investments being made by enterprises into data security. For enterprises who continuously seek a reduction in their costs in order Read more...
The industrial robots for food & beverage industry market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Robotics will definitely play an important role in the evolution of the next-generation technologies, hence the use of robots in food and beverages industries will emanate the market growth in the forecast period and beyond. Growing automation is further driving the growth of global industrial robots in the food & beverage industri Read more...
The global cleaning robot market is projected tgrow at a CAGR of 14.05% during the forecast period of 2017-2023. Cleaning robots are a type of service robots which are used for cleaning application of various surface including floor, pool, carpet, stairs, and grills among various others. Institutions are making use of these robotic systems tincrease factory automation solutions deployed by them and the reliability and cost-effectiveness it offers. Improvement in reliability, reduction in depende Read more...
The Cloud storage market for retail industry was valued at US$ 2.252 billion in 2017 and is projected to expand at a CAGR of 22.70% over the forecast period to reach US$ 7.685 billion by 2023. The global retail industry is widely adopting cloud computing solutions and services. Increased smartphone users and internet penetration has led to a boom in retail online stores and apps. Moreover, retailers are offering free Wi-Fi in their brick and mortar (B&M) stores to target tech-savvy customers Read more...
The cloud storage market for media and communication industry was valued at US$0.687 billion in 2017 and is projected to expand at a CAGR of 24.11% over the forecast period to reach US$2.511 billion by 2023. Rapidly changing consumer preference regarding content consumption coupled with increased consumer exposure to global digital content is changing the way of delivering media content to consumers. Increasing need for video on demand are compelling companies such as Netflix and Amazon to provi Read more...
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