The online music education market is projected to reach US$ XX.XX million by 2024 from US$ XX.XX million in 2018 with CAGR of XX.XX%. The market is expected to see substantial growth owing to new age learners addiction to using the digital platform in every way of life. With the advancement of technology, the music education market is able to reach more students over the world. Video conferencing, instant messaging, file sharing and digital whiteboarding are the medium for online music educat Read more...
Global volumetric video market is projected to witness a CAGR of 24.24% to reach US$556.441 million in 2024 from US$151.304 million in 2018. Volumetric Video is the process of capturing moving images of real people and objects that can be later viewed from any angle and at any moment in time, in virtual or mixed reality environments. All specifications of the objects such as depth, color, intensity are recorded and reproduced. The use of volumetric video technology is estimated to increase on Read more...
Simultaneous Localization and Mapping (SLAM) refers to a technology or algorithm that is used for estimating the pose of a robot and map the environment at the same time. The ability of the SLAM technology to quickly finish the set of operations as compared to other available technologies is leading to growing popularity and demand. Moreover, the growing investment in the AR/VR landscape is further projected to drive the growth of the market during the forecast period. Further, advancements in S Read more...
The ransomware protection market was valued at US$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$XX.XX billion by 2024. Rising incidence of ransomware attacks and increasing severity of such attacks is a major factor driving the growth of the market. As businesses continue to come online and reliance on technologies continues to increase, losses associated with ransomware attacks are increasing i Read more...
The Network as a Service (NaaS) market was valued at US$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 this market is majorly attributed to rapid growth of cloud computing across the globe. Rising investments by enterprises into agile infrastructure coupled with their increasing focus towards cost reduction is increasing the popularity of technologies like Ban Read more...
The Function as a Service (FaaS) market is projected to grow at a CAGR of 18.37% during the forecast period. The growth of this market is majorly attributed to increasing focus of enterprises towards agility of infrastructure and cost reduction. As these remain the key focal points for many enterprises, the popularity of serverless computing has been increasing significantly over the past few years. Companies are shifting from legacy DevOps trend to serverless computing on account of signific Read more...
The Smart Hospitality market was valued at US$5.55 billion in 2018. The market for these solutions and services is being shaped by rapid growth of hospitality industry in many regions across the globe. Growth of travel and tourism industry is increasing the number of visitors at hotels, resorts and other such establishments. As competition across hospitality industry is increasing continuously, business owners in this industry are moving towards advanced solutions to efficiently manage their Read more...
The global collaborative robots market is projected to grow at a CAGR of 42.85% to reach US$4,640.319 million by 2024, from US$546.150 million in 2018. Collaboration robots are the robots which work in tandem with a human at a workplace. Increasing efficiency and improvement in productivity are some of the major factors driving the demand for these robots. In addition, booming expenditure on research and development so as to start-of-the-art products at competitive prices will further add to Read more...
The global model-based enterprise market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX million by 2024, from US$XX.XXX million in 2018. Model-based enterprise is a strategy where a 3-D model of the product is generated with the aim of streamlining the integration process and effectively coordinate the product design from different departments effectively. Rising adoption of model-based enterprise solutions across industry verticals coupled with the growing popularity of th Read more...
The global telepresence robot market is projected to grow at a CAGR of 16.58% to reach US$856.685 million by 2024, from US$341.267 million in 2018. Telepresence robots are remote presence device which is being used across industry verticals owing to their cost-effectiveness and ease of convenience. In addition, increasing research and development expenditure coupled with new players entering the market to develop and introduce advanced products in the market will boost the demand for these ro Read more...
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