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Showing posts from March, 2022

Anti-money Laundering Market Extrapolated to Reach $4.5 billion by 2025

According to research report   " Anti-money Laundering Market  by Component, Solution (KYC/CDD and Watchlist, Transaction Screening and Monitoring), Deployment Mode, End User (Banking and Financials, Gaming/Gambling Organizations), and Region - Global Forecast to 2025" , size of the AML Solution market is expected to grow from USD 2.2 billion in 2020 to USD 4.5 billion by 2025 at a CAGR of 15.6% during the forecast period. Stringent government regulations and compliances regarding AML, the increasing focus of financial institutions on digital payment-related issues and need for a holistic view of data to curb financial crimes are major growth factors for the market. Increasing adoption of advanced analytics in AML and integration of AI, ML, and big data technologies in development of  AML solutions would provide lucrative opportunities for vendors in the AML Solution market. Browse 383 market data Tables and 50 Figures spread through 316 Pages and in-depth ...

Image Recognition Market Extrapolated to Reach $53.0 billion by 2025

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According to research report   " Image Recognition Market  by Technology (Digital Image Processing, Facial Recognition, Pattern Recognition), Component (Hardware, Software, and Services), Deployment Mode (On-premises & Cloud), Application, Vertical, and Region - Global Forecast to 2025" , the global image recognition market size to grow from USD 26.2 billion in 2020 to USD 53.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.1% from 2020 to 2025. Increased in the need for efficient and profitable retail execution processes with adherence to compliance standards is one of the major factors expected to drive the growth of this market. Browse 247 market data Tables and 45 Figures spread through 243 Pages and in-depth TOC on  "Image Recognition Market - Global Forecast to 2025" Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222404611 By component, the services segment to register the highest growth rate ...

Cognitive Assessment and Training Market Witness the Growth of $11.4 billion by 2025

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According to a research report   " Cognitive Assessment and Training Market  by Component, Organization Size, Application (Clinical Trials, Learning, and Research), Vertical (Healthcare and Life Sciences, Education, and Corporate), and Region - Global Forecast to 2025"   published by MarketsandMarkets, the cognitive assessment and training market is projected to grow from USD 3.2 billion in 2020 to USD 11.4 billion by 2025, at a CAGR of 29.3% during the forecast period.  Various factors such as the rising adoption of gamification for cognitive assessment, social distancing practices resulting in increased adoption of eLearning, and the COVID-19 pandemic leading to the increased need to test cognition at home are expected to drive the adoption of the cognitive assessment and training market. Browse 204 market data Tables and 51 Figures spread through 256 Pages and in-depth TOC on  "Cognitive Assessment and Training Market - Global Forecast to 2025"...

IoT Professional Services Market Witness the Growth of $149.9 billion by 2026

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According to research report   " IoT Professional Services Market  by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026",   size is projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period.  The major factors driving the growth of the IoT professional services market include rapidly growing number of IoT connections leading to increased data traffic, increasing internet ubiquity and development of wireless technologies, rising need to increase operational efficiency in various industries, and government initiatives in R&D activities related to IoT. Browse 348 market data Tables and 49 Figures spread through 325 Pages and in-depth TOC on  "IoT Professional Services Market - Global Fo...

Catalog Management Systems Market Extrapolated to Reach $1.9 billion by 2026

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According to research report   " Catalog Management Systems Market  with COVID-19 Impact by Type (Product Catalogs and Service Catalogs), Component, Deployment Type, Organization Size (Large Enterprises and SMEs), Vertical, and Region - Global Forecast to 2026" , size is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period, to reach USD 1.9 billion by 2026 from USD 1.2 billion in 2020.  Key factors that are expected to drive the growth of the market are the rising consumer demand for products, growing internet access, and rising penetration of smartphones demand which is acting as a catalyst for catalog management solutions from the e-commerce industries. Indispensable requirement of data hubs for better data syndication and compelling need for eliminating data inconsistencies across multiple data silos. These factors are driving the demand for catalog management systems. Download PDF Brochure :  https://www.marketsandmarkets.c...

Logistics Automation Market Witness the Growth of $88.9 billion by 2026

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According to research report   " Logistics Automation Market  by Component, Function (Warehouse and Storage Management, Transportation Management), Organization Size (SMES, Large Enterprises), Vertical (3PL, Retail and Ecommerce, FMCG, Manufacturing), and Region - Global Forecast to 2026" , size is projected to grow from USD 48.4 billion in 2020 to USD 88.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.  The logistics automation market is gaining traction due digital transformation in the logistics industry, emergence of IoT, exponential growth in the eCommerce industry, advancements in robotics, and growing need to ensure workforce safety. Browse 266 market data Tables and 50 Figures spread through 242 Pages and in-depth TOC on  "Logistics Automation Market  - Global Forecast to 2026" Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=83657139 Hardware-integrated sy...

Crowdsourced Testing Market Projected to reach $2.5 billion by 2027

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According to a research report   " Crowdsourced Testing Market  by Testing Type (Performance Testing, Functionality Testing, Usability Testing, Localization Testing, and Security Testing), Platform, Organization Size, Deployment Mode, Vertical and Region - Global Forecast to 2027"   published by MarketsandMarkets, the Crowdsourced testing market size is expected to grow from USD 1.6 billion in 2022 to USD 2.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period.  The major drivers for the crowdsourced testing include the need for scaling QA if software for enhancing customer experience, requirement for adopting cost-effective software development process, and the need to fill the in-house skill gap with crowdsourced testers during COVID -19. Browse 251 market data Tables and 43 Figures spread through 249 Pages and in-depth TOC on  "Crowdsourced Testing Market - Global Forecast to 2027" Download PDF Brochure :...

Managed Services Market Expected to Grow $354.8 billion by 2026

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The global Managed Services market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period, to reach USD 354.8 billion by 2026 from USD 242.9 billion in 2021. Major factors that are expected to drive the growth of the managed services market include lack of skilled IT professionals, rise in demand for secure IT infrastructure during the COVID-19 pandemic, cost and risk reduction, and requirements for regulatory compliance and security. Managed service vendors around the globe have increased their offerings in the managed services segment. The emergence of new technologies such as blockchain, AI, ML, and data analytics is helping MSPs to enhance their offerings and empower organizations. Enterprises require experts to guide them with their complex IT infrastructure. MSPs around the globe are helping organizations with different managed services such as managed security and managed networks. The objective of these managed services is to enhanc...