Software industry
The artificial intelligence (AI) chips market is poised to experience significant growth, driven by the increasing adoption of AI chips in data centers and the convergence of IoT and AI. Market research firm Technavio has analyzed the market and predicts that it will grow by USD 54.03 billion during
Software industry
The cloud migration services market is expected to witness significant growth, driven by the increasing adoption of cloud computing and the need for hybrid cloud solutions. The market is poised to progress at a CAGR of about 24 percent during the forecast period, with a projected growth of $7.1
Software industry
The augmented reality (AR) and virtual reality (VR) market is poised to grow significantly, driven by the increasing demand for AR and VR technology. The market is expected to progress at a compound annual growth rate (CAGR) of over 35 percent during the forecast period. The report highlights the current
Software industry
The global market capitalization of the ten largest listed companies has surpassed $10.95 trillion, with the top two positions shifting between Saudi Aramco and Apple due to the rise of technology firms during the COVID-19 pandemic. Despite the fluctuation, Saudi Aramco remains the largest company, with a market value
Software industry
The Global Proactive Services Market is expected to grow significantly over the next six years, driven by the increasing adoption of technologies such as machine learning, data analysis, artificial intelligence (AI), and the Internet of Things (IoT). As a result, the market is expected to reach $7.3 billion by
Software industry
The IoT platform market is poised for significant growth, driven by the large-scale benefits of using IoT devices. The market, currently fragmented, is expected to experience a deceleration in the degree of fragmentation during the forecast period. The report highlights the market's growth prospects, trends, and drivers, as
Software industry
The IoT platform market is poised for significant growth, driven by the large-scale benefits of using IoT devices. However, concerns about privacy and security issues may hinder market expansion. Technavio forecasts three scenarios, considering the impact of COVID-19, and highlights the need for vendors to focus on growth prospects in
Software industry
The connected logistics market is poised to grow by USD 29.66 billion during 2020-2024, with a compound annual growth rate (CAGR) of almost 22% during the forecast period. The report, issued by Technavio Research, provides an up-to-date analysis of the current market scenario, latest trends, and drivers, as well
Software industry
The mixed reality market is anticipated to experience substantial growth, driven by the increasing demand for augmented and virtual reality technologies in various industries. Major players in the market include Seiko Epson Corporation, Accenture PLC, HTC Corporation, Samsung Electronics Co., Ltd, and Magic Leap, Inc. The market is segmented by
Software industry
The extended reality market is poised to experience significant growth over the next four years, with a projected increase in value of USD 176.74 billion. However, the market is expected to decelerate at a compound annual growth rate (CAGR) of over 60% during this period. Despite the anticipated deceleration,
Software industry
The global edge computing market is expected to grow significantly, reaching USD 12,110.95 million by 2024, up from USD 2,967.55 million in 2019. The market is driven by the growing demand for decentralized computing, which is expected to be a major trend driving the growth of
Software industry
The global IoT services market, which involves the sales of IoT services and related products, is facing a decline due to the COVID-19 outbreak but is expected to recover and reach $260.41 billion in 2023 at a rate of 23.17%. The market decline in 2020 is mainly attributed
