Middle East and Africa (MEA) Video Conferencing Software market was valued at US$300.026 million in 2019. Governments in Middle East countries such as Saudi Arabia and UAE are trying to reduce their dependence on the oil and gas industry by encouraging enterprises across various industries to set up their business units and offices in these countries. This move towards business globalization is driving the market growth of video conferencing software in the region. The increasing number Read more...
Europe Video Conferencing Software market was valued at US$1,084.320 million in 2019. The growing globalization of businesses in European countries is escalating the demand for video conferencing software markets in the region. The increasing number of enterprises of all sizes is boosting the adoption of video conferencing solutions in order to communicate virtually with offices in other countries. High demand for e-learning solutions and the adoption of online education across schools Read more...
The ballooning demand for cost-effective methods for educational training and educational services due to the increasing amount of data generated and difficulties in the storage of books and other course materials. There has been an increase in the demand for cost-effective educational courses by the individuals who have to do a course, which interests them but is unable to afford the high tuition fees being asked by the particular colleges or institutions. Read more...
The global video streaming services market is estimated at US$80.241 billion for the year 2019. The major factors that are driving the growth of the video streaming services market around the globe include the rising penetration of the internet, especially in the developing economies along with the increasing penetration of smartphones and smart TVs due to the impressive economic growth, rising disposable income, and growing middle-class population. All these factors are collectively exp Read more...
The global Video Conferencing Software market is estimated at US$3.641 billion for the year 2019. The growing integration among the key economies has led to the increased adoption of technology. This has resulted in the booming demand for internet accessibility across various regions. According to the World Bank Data, the number of people using the internet has grown two folds in a decade from 22.96% in 2008 to 49.72% in 2017. The rising globalization has majorly contributed to the growi Read more...
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...
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 M 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 mass 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...
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