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 amo 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...
The global identity analytics market was valued at US$4.485 billion in 2018 and is expected to grow at a CAGR of 9.72% over the forecast period to reach a total market size of US$7.824 billion by 2024. Identity analytics manages and monitors the identity-based risks and threats across the organization. The data of the enterprises today rests in on-premise and in cloud data stores, which have multiple access privileges. Therefore, identity analytics management is necessary so that the data can Read more...
The industrial internet market is projected to reach the market size of US$686.395 billion by the year 2024 from US$114.180 billion in 2018 growing at a CAGR of 27.43%. According to General Electric, Industrial Internet, also known as Industrial Internet of Things (IIoT) is the integration and linking of big data, analytical tools and wireless networks with physical and industrial equipment, or otherwise applying meta-level networking functions, to distributed systems. For example, machines in Read more...
The private LTE market is projected to grow at a CAGR of 24.35% during the forecast period, reaching a total market size of US$9.287 billion in 2024 from US$2.512 billion in 2018. Private LTE is envisioned as standards-based Long Term Evolution networks designed to serve specific enterprise business, government or educational purposes. Increasing adoption of isolation is boosting the market of private LTE. Increased demand for private LTE from industries for improved security for business appl Read more...
Kids’ smartwatch market is projected to grow at a CAGR of 29.23% during the forecast period, reaching a total market size of US$12.874 billion in 2024 from US$2.764 billion in 2018. A smartwatch is a portable wearable device that is integrated with technology to enhance the user experience. The kid’s smartwatch provides a variety of benefits such as helping the parents chat with their kids though video call and voice call, sending SOS alert messages, and even tracking the location. Read more...
Threat Intelligence market is projected to grow at a CAGR of 7.75% during the forecast period, reaching a total market size of US$2,263.982 million in 2024 from US$1,446.342 million in 2018. Threat intelligence or cyber threat intelligence is organized, analyzed and refined information about potential or current attacks that threaten an organization. Increasing uniqueness in the attacking techniques is driving the market of threat intelligence market. With rapidly increasing cloud platforms, I 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...
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 fo 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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