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...
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...
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...
MOOCs market is projected to grow at a CAGR of 15.97% during the forecast period, reaching a total market size of US$612.873 billion in 2024 from US$251.995 billion in 2018. MOOCs (Massive Open Online Course) are the courses that are delivered online and are accessible to all. These courses typically comprise of video lessons, readings, assessments, and discussion forums. It is created by universities as well as by companies and can be started at any time with the suitability of time. The massiv Read more...
Electronic design automation (EDA), also known as Electronic Computer-aided design, is a term used for a category of software products and processes that are used for designing electronic systems with the help of computers. EDA leads to a reduction in the design time and cost, and elimination of manual errors; and is mainly used in the manufacture of aerospace and defense equipment. It helps the ASIC logic designers put their logical design ideas into computer form and layout designers to plac Read more...
AGV’s (Automated Guided Vehicles) are driverless vehicles that follow markers or wires in the floor or uses. vision or lasers and are widely utilized for moving materials around the factories or warehouses. The automated guided vehicles are controlled through advanced software that helps in navigation and controlling of the vehicle. The increasing adoption of industrial automation across various industries is now being termed as the 4th Industrial Revolution by many economists. It is ver Read more...
The Global Machine Vision Software market was valued at US$ 2.878 billion in 2018 and is expected to grow at a CAGR of 10.82% over the forecast period to reach a total market size of US$ 5.329 billion by 2024.Machine vision (MV) is the technology which helps the computer to see and perform automatic inspection and analysis. Machine vision software provides numerous benefits such as improving quality, increasing productivity, lowering production costs, reducing floor space, increasing productio Read more...
The on-demand ride services market is projected to grow at a CAGR of 6.25% during the forecast period, reaching a total market size of US$175.680 billion in 2024. Growing global travel and tourism industry is one of the major drivers of on-demand ride services market. Rising adoption of smart connected devices and lower cost of these services are also boosting the growth of on-demand ride services market. However, factors such as lack of regulation, fluctuating fares, and inadequate insurance Read more...
E-learning is learning by using electronic technologies to access educational curriculum outside from traditional classroom. The market is expected to grow due to the adoption of technology-based teaching and learning techniques. The development technologies such as machine learning, AR & VR devices, wearable devices, AI and big data are allowing several institutions to deliver education-based content in an innovative and interactive way, this has anticipated driving the growth of the market in Read more...
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