Posts

Showing posts from June, 2022

Image Recognition Market Size, Share, Trends, Analysis and Forecast to 2025

Image
MarketsandMarkets forecasts the 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 and technological advancements to boost the adoption of image recognition market across the globe during the forecast period. The image recognition market includes major vendors such as IBM (US), Google (US), Qualcomm (US), Microsoft (US), AWS (US), NEC Corporation(Japan), Trax (Singapore), Partium(Austria), LTU Tech (France), Vispera(Turkey), Blippar(UK), Clarifai(US), Wikitude (Austria), Huawei (China), Honeywell (US), Hitachi (Japan), Toshiba (Japan), Oracle (US).  These players have adopted different growth strategies to expand their global presence and increase their market shares. New product launches, partnerships, and acquisitions are some of the important strateg...

Modular Data Center Market Size, Share, Trends, Analysis and Forecast to 2025

Image
The modular data center market size is expected to grow from USD 18.4 billion in 2020 to USD 37.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.4% during the forecast period. Modular data centers are manufactured by integrating prefabricated modules that are built inside a factory and shipped to the client site where they assembled, deployed, and commissioned. These data centers are highly scalable and energy efficient and can be rapidly deployed to meet the clients current and near-term needs. The modular data center market comprises major vendors, such as the study includes an in-depth competitive analysis of these key players in the modular data center market with their company profiles, recent developments, and key market strategies. The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and enhancements; and partnerships, acquisitions, and collaborations, have been the m...

Cloud Computing Industry Statistics & Trends

Image
The global cloud computing market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period, to reach USD 947.3 billion by 2026 from USD 445.3 billion in 2021. Increased productivity, reduced time and costs, and enhanced focus on customer experience are expected to spur the demand for cloud computing offerings across the globe. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234 The cloud computing market includes major vendors, such as AWS (US), Microsoft (US), Google (US), Alibaba (China), SAP (Germany), IBM (US), Oracle (US), VMware (US), Rackspace (US), Salesforce (US), Adobe (US), CenturyLink (US), Fujitsu (Japan), Workday (US), Infor (US), Sage Group (UK), Intuit (US), Epicor (US), IFS (Sweden), ServiceNow (US), OpenText (US), Cisco (US), Box (US), Zoho (US), Citrix (US), Upland Software (US), DigitalOcean (US), Bluelock (US), OVH (France), Joyent (US), Skytap (US), Virtuestream (US), Tencent (China)...

Multi-Factor Authentication Market Size, Share, Trends, Analysis and Forecast to 2027

Image
  According to a research report   " Multi-Factor Authentication Market  by Component (Hardware, Solutions, and Services), Model Type (Two-, Three-, Four-, Five-factor), Organization Size, Vertical (BFSI, Healthcare, Media & Entertainment, Government) and Region - Global Forecast to 2027"   published by MarketsandMarkets, the MFA market size is projected to grow from an estimated value of USD 12.9 billion in 2022 to USD 26.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.6% from 2022 to 2027. The major driving factors for the MFA market include rise in security breaches, fraud, and data identity thefts; surge in use of BYOD/ IoT devices; high demand for cloud-based MFA solutions and services; high volume of online transactions; and stringent government regulations. Browse 285 market data Tables and 45 Figures spread through 268 Pages and in-depth TOC on  "Multi-Factor Authentication Market - Global Forecast to 2027" Download PD...

Fleet Management Market Witness the Growth of $33.9 Billion by 2026

Image
MarketsandMarkets forecasts the   " Fleet Management Market  by Solution (Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, Fleet Analytics and Reporting), Service (Professional and Managed), Deployment Type, Fleet Type and Region - Global Forecast to 2026"   size to grow from USD 20.6 Billion in 2021 to USD 33.9 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period.  The presence of various key players in the ecosystem has led to a competitive and diverse market. The market includes a high growth rate for the adoption of cloud computing and analytics, declining hardware and IoT connectivity costs, a growing need for operational efficiency, and recent government mandates. However, there are significant growth opportunities for Fleet Management vendors. Small firms and startups are also marking their presence in the fleet management market by providing their offerings across the world. The fleet ...

Anti-money Laundering Market Size, Share, Trends, Analysis and Forecast to 2025

Image
The global Anti-money Laundering Market  size is projected to grow from USD 2.2 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. The major factors driving the market include non-compliance with stringent regulationd and guidelines, focus of financial institutes on digital payments issues, and need to get holistic view of data to curb financial crimes threatening financial landscape. ACI Worldwide (US), BAE Systems (UK), Nice Actimize (US), FICO (US), SAS Institute (US), Oracle Corporation (US), Experian (Ireland), LexisNexis Risk Solution (US), Fiserv (US), FIS (US), Dixtior (Portugal), TransUnion (US), Wolter’s Kluwer (The Netherlands), Temenos (Switzerland), Nelito Systems (India), TCS (India), Workfusion (US), Napier (UK), Quantaverse (US), Complyadvantage (UK), Acuant (US), FeatureSpace (UK), Feedzai (US), Finacus Solutions (India), CaseWare RCM (Canada), and Comarch SA (Poland). Download PDF Brochure :...

Managed Network Services Market Size, Share, Trends, Current and Future Analysis

Image
MarketsandMarkets forecasts the global Managed Network Services Market size to grow from USD 57.4 Billion in 2021 to USD 82.3 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. Businesses rely on outsourced network management to generate efficiencies, resulting in better usage of resources and reduced expenditure. Organizations turn to MSPs for help rather than struggling to keep pace with technology. With managed network services, global network services are made available for organizations that do not have global resources available internally, eliminating the hassle of building, monitoring, and maintaining their network and giving them the freedom to focus on the core business. Hence, managed network services are an attractive alternative to the costly, time-consuming business of in-house network management services, which are difficult to instal...

Cloud Storage Market Witness the Growth of $137.3 billion by 2025

Image
The cloud storage market size is expected to grow from USD 50.1 billion in 2020 to USD 137.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period. The demand for cloud storage is driven by growing data volumes across enterprises, rising need for providing the remote workforce with ubiquitous access to data and files, and cost-saving and low Total Cost of Ownership (TCO) benefits of cloud storage solutions. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=902 The major players in the cloud storage market are AWS (US), Google (US), Microsoft (US), IBM (US), Huawei (China), Alibaba Cloud (China), Oracle (US), Rackspace Technology (US), HPE (US), Dell Technologies (US), Dropbox (US), Box (US), Tencent Cloud (China), Fujitsu (Japan), VMware (US), NetApp (US), Hitachi Vantara (US), Scality (US), and Citrix (US). These players have adopted various growth strategies, ...

Data Center Power Market Extrapolated to Reach $26.1 billion by 2025

Image
The global Data Center Power Market to grow from USD 19.1 billion in 2020 to USD 26.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. The key factors driving the data center power market include growing construction of new data centers due to the rising demand for data storage by organizations across the globe; The unprecedented rise in power consumption by the data centers has increased operational and power costs, and it has become a challenge for end users to manage and conserve power in the data centers. Thus, data center managers and IT professionals focus on the implementation of highly efficient data center power solutions for business continuity. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=262148719 The data center power market comprises major vendors, such as the study includes an in-depth competitive analysis of these key players in the data center power market with their company profiles,...

Edge Computing Market Size, Share, Trends, Analysis and Forecast to 2026

Image
According to research report   Edge Computing Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period, to reach USD 87.3 billion by 2026 from USD 36.5 billion in 2021. Growing adoption of IoT across industries, exponentially increasing data volumes and network traffic and rising demand for low-latency processing and real-time, automated decision-making solutions are the drivers of the market growth. The major players have implemented various growth strategies to expand their global presence and increase their market shares. Key players such as Cisco, HPE, Huawei, IBM, Dell and Nokia have majorly adopted many growth strategies, such as new product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the edge computing market. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133384090 Cisco has a strong product portfolio in the edge services category. ...

Fixed Asset Management Software Market Witness the Growth of $5.2 billion by 2024

Image
The Fixed Asset Management Software market size is expected to grow from USD 3 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. Preventive maintenance and IoT technology will likely boost the adoption of fixed asset management software. Additionally, the growing need to reduce operational cost and proliferate profits through efficient management of assets are is another major factor driving the growth of the fixed asset management software market. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208281224 The major vendors in the fixed asset management software market are IBM (US), Infor (US), SAP (Germany), Microsoft (US), Oracle (US), Sage (UK), Acumatica (US), Aptean (UK), Maintenance Connection (US), IFS (Sweden), eMaint (US), Aveva (UK), Ramco Systems (India), ABB (Switzerland), Tracet (India), and Mainsaver (US). These players have adopted various growth strategies, includ...

Rich Communication Services (RCS) Market Extrapolated to Reach $11.7 billion by 2025

Image
The global Rich Communication Services (RCS) market size is projected to grow from USD 5.2 billion in 2020 to USD 11.7 billion by 2025, at a CAGR of 17.6% during 2020–2025. Major factors expected to drive the growth of the RCS market include an increasing number of advertising and marketing companies and Strict regulations for Over-the-Top (OTT) messaging services to boost the adoption of RCS. Key and emerging market players include RCS include AT&T (US), Vodafone (Uk), Deutsche Telekom (Germany), Google (US), Verizon (US), Telefonica (Spain), Orange Business (US), China Mobile (China), KDDI (Japan), Slovak Telekom (Slovakia), Telit (UK), SK Telecom (South Korea), Telstra (Australia), LG U+ (South Korea), Celcom (Malaysia), Freedom Mobile (Canada), Rogers (Canada), T-Mobile (US), O2 (UK), Telia Company (Sweden), Magyar Telekom (Hungary), Claro (Brazil), Swisscom (Switzerland), and Reliance Jio (India). These players have adopted various strategies to grow in the rich communication...

Enterprise Collaboration Market Extrapolated to Reach $85.8 billion by 2026

Image
MarketsandMarkets forecasts the global Enterprise Collaboration Market size to grow from USD 47.2 billion in 2021 to USD 85.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.7% during the forecast period. Enterprise collaboration tools that utilize cloud services store all files and important information in a centralized location. Cloud services enable syncing all the changes made in real-time to enhance collaboration in organizations. Hence, organizations are spending more toward the adoption of cloud services. The key and emerging market players in the enterprise collaboration market include IBM (US), Microsoft (US), Cisco (US), Adobe (US), Google (US), Citrix (US), Slack (US), Facebook (US), Salesforce (US), Atlassian (Australia), Igloo (Canada), Jive (US), VMware (US), SAP (Germany), Mitel (Canada), RingCentral (US), TIBCO Software (US), Zoho (US), Jalios (France), Jamespot (France), Box (US), Bynder (Netherlands), Axero (US), BlueKiwi (France), Whaller (France), Dr...