Software industry
The cloud microservices market is expected to register a CAGR of approximately 21.7% over the forecast period (2021 - 2026), driven by the increasing demand for microservice clouds in various industries, particularly in the manufacturing sector. The market was valued at USD 831.45 million in 2020 and is
Software industry
As the COVID-19 pandemic continues to reshape the global economy, the market for artificial intelligence (AI) in telecommunication is estimated to reach $6.5 billion by 2026, growing at a compound annual growth rate (CAGR) of 36.1%. This significant growth is driven by the increasing demand for AI-powered customer
Software industry
The global cloud migration services market, which was estimated at $5.3 billion in 2020, is projected to reach $17.5 billion by 2026, growing at a compound annual growth rate (CAGR) of 21.7% over the analysis period. The market is driven by the increasing demand for cloud-based services,
Software industry
The world's largest technology companies continue to grow in valuation, with Facebook Inc becoming the sixth company to join the trillion-dollar club. According to Approve.com, the next company to reach this milestone is likely to be Tencent Holdings Limited, which is currently valued at US$704bn and
Software industry
The AI image recognition market, which was estimated at $2.2 billion in 2020, is projected to reach $7.3 billion by 2026, growing at a compound annual growth rate (CAGR) of 21.6% over the analysis period. This growth is driven by the increasing demand for AI-powered image recognition
Software industry
The global smart retail market is expected to reach $39.6 billion by 2024, driven by the growing adoption of digital technologies and IoT in retail environments. The market is projected to grow at a compound annual growth rate (CAGR) of 22.4% over the analysis period. Europe represents the
Software industry
As the world becomes increasingly digitized, the Internet of Things (IoT) is revolutionizing the way companies operate, with analytics playing a crucial role in extracting valuable insights from vast amounts of data generated by IoT-connected devices. The global IoT analytics market is poised to reach $40.6 billion by 2024,
Software industry
The customer relationship management (CRM) software market is experiencing significant growth, driven by the increasing demand for customer-centric strategies, the adoption of cloud-based solutions, and the need for improved efficiency and productivity. The market is projected to reach $81.9 billion by 2024, registering a compounded annual growth rate (CAGR)
Software industry
The 3D sensor market size is estimated to be USD 2.7 billion in 2021 and is projected to reach USD 9.4 billion by 2026, growing at a CAGR of 28.1% from 2021 to 2026. The growth of the market can be attributed to the increasing adoption of
Software industry
Tuesday marks the beginning of a critical earnings season, with notable companies such as Tesla, Reckitt Benckiser, and Moonpig set to release their financial results. Tesla Inc (NASDAQ:TSLA) has already reported production numbers ahead of expectations, navigating the computer-chip shortages that have affected the wider industry. However, analysts are
Software industry
The stock market is expected to see significant movements this week as key tech companies report earnings and the Federal Reserve releases its policy update. Despite a brief dip on Monday, market sentiment remains optimistic, with analysts attributing the growing confidence to upbeat earnings and interest rate expectations. The Dow
Software industry
The stock market displayed a mixed performance as Wall Street inched up to a higher close, with a modest build-up on a two-day rally. The S&P 500 and the Dow's gains were muted due to a pull-back in economically sensitive cyclicals, while small-caps underperformed their larger
