Business robots market is expected to witness robust growth over the forecast period on account of growing focus toward industry automation as well as high speed innovation. The diversity in labour market owing to changing demographics further contributes to the adoption of robots in businesses. For instance, the rapidly aging population in China is cumulating country’s labour cost. Other drivers include rapid industrialization, growing investment and continuous R&D. Favourable government Read more...
Consumer robot market is projected to witness a CAGR of 22.35% during the forecast period to reach a total market size of US$14.911 billion by 2023, increasing from US$5.438 billion in 2018. The declining price of personal robot owing to rapidly growing competition in market drives the adoption of consumer robot while augmenting its market growth. In addition, the growing demand for homecare owing to rapidly aging population and rising prevalence of diseases further propel the consumer robot mar Read more...
Cloud robotics market is expected to grow at a CAGR of 29.56% over the forecast period to reach a total market size of US$5.538 billion by 2022 from US$1.517 billion in 2017. Cloud robotics is a field of robotics that reaps benefits of shared services and converged infrastructure and use cloud technologies such as cloud storage, cloud computing and other internet technologies. These employ remote computing resources in order to have high computational power, better memory and interconnectivity f Read more...
Cloud infrastructure as a service (IaaS) market is projected to witness a CAGR of 9.70% during the forecast period to reach a total market size of US$131.62 billion by 2023, increasing from US$75.517 billion in 2017. Increasing adoption of cloud computing worldwide has driven the demand for Cloud Infrastructure as a Service (IaaS) to secure, manage, and support cloud infrastructure. There will be high demand for hybrid cloud infrastructure in the coming years due to growth in hybrid cloud deploy Read more...
The cloud music services market is projected to expand at a CAGR of 12.46% over the forecast period of 2018 to 2023. Cloud Music service allows users to listen to a variety of music tracks on demand without actually purchasing them. It also provides facility to users to store personal music library online by matching their tracks to songs listed on cloud service provider. They utilize computer servers connected to the internet to let users access music and other information. Increasing exposure Read more...
The global private cloud automation market was valued at US$X.XX billion in 2017 and is projected to expand at a CAGR of XX.XX% over the forecast period to reach US$X.XX billion by 2023. A private cloud works for a single organization, unlike a public cloud whose services can be taken by multiple organizations. Hence, private cloud is most suitable for those business environments which have unforeseeable and dynamic needs and require a direct control. The private cloud also offers benefits Read more...
The global cloud storage gateway market was valued at US$609.646 million in 2017 and is projected to expand at a CAGR of 22.58% over the forecast period to reach US$2,067.708 million by 2023. Cloud storage gateway enables connectivity between a cloud storage infrastructure to any information technology (IT) environment and helps in storage, encryption, and replication of data. Major factors propelling the growth of the market include the high availability of data, cost effectiveness, availabilit Read more...
Cloud gaming market is projected to witness a CAGR of 26.12% during the forecast period to reach a total market size of US$4.284 billion by 2023, increasing from US$1.065 billion in 2017. Cloud gaming refers to a game that resides on a company server rather than on the gamer's device. The gamer enters the game by installing a client program that can access the server where the games are running. Gamer does not require any physical copies, updates, and backup as the game is stored on a cloud plat Read more...
Cloud TV allows a user to choose the programs a user wants to watch from an archive of different programs or can opt to stream live Television. The TV programs can be streamed to any device with an internet connection and an internet browser. Cloud TV is a software platform that virtualizes set-top-box functionality, enabling the service providers to bring advanced user interfaces, online video experiences such as YouTube along with social networking, internet browsing, online gaming, video Read more...
The cloud professional services market is expected to reach US$50.679 billion by the end of 2023, increasing from US$16.849 billion in 2017, growing at a CAGR of 20.15% during the forecast period. Accelerated demand for cloud-based solutions from various industry verticals including BFSI, government, education, and healthcare among others will continue to create significant opportunities for cloud professional services vendors, and leaders. This is also contributing towards the expansion of IT Read more...
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