Software industry
The global 3D sensor market is expected to grow from $2.7 billion in 2021 to $9.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 28.1%. The market is driven by factors such as growing penetration of 3D depth sensors in various devices and increased
Software industry
The stock market rally continues to navigate a crucial week, driven by key earnings releases from major players, including Tesla, Microsoft, and Boeing. The Nasdaq, having led the big-cap indexes in 2023, has bounced back strongly after a recent pullback, while the Dow Jones, the S&P 500, and
Software industry
The stock market rally experienced a relatively quiet session after last week's significant gains, with mixed performances across various indices. The Dow Jones Industrial Average dipped 1.1%, mainly due to Goldman Sachs and Travelers weighing on blue chips, while the S&P 500 index edged down
Software industry
The artificial intelligence in transportation market is expected to experience significant growth, driven by the increasing demand for autonomous vehicles and the need for efficient and safe transportation systems. The market, which was valued at $2.16 billion in 2021, is projected to reach $5.16 billion by 2026, growing
Software industry
The global streaming media devices market size reached $10.4 billion in 2021, and is expected to grow at a compound annual growth rate (CAGR) of 15.11% from 2021 to 2027, reaching $24.2 billion by the end of the forecast period. The increasing demand for online streaming services,
Information technology services industry
The global medical billing outsourcing market size reached $8 billion in 2021 and is expected to reach $15.8 billion by 2027, exhibiting a compound annual growth rate (CAGR) of 12.01% during 2021-2027. This growth is driven by the increasing complexities in managing reimbursements and claims, the need for
Information technology services industry
The global virtual goods market generated revenue of around USD 67.5 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of over 20.2% during the forecast period from 2022 to 2028, reaching a value of around USD 203.6 billion by 2028.
Software industry
The global High-Performance Computing (HPC) market is projected to grow significantly, driven by factors such as government funding, venture capital investments, and the rising demand for high-efficiency computing. The market, valued at USD 35.1 billion in 2021, is expected to reach USD 51.21 billion by 2028, growing at
Software industry
The global automotive artificial intelligence (AI) market reached a value of $2.12 billion in 2021, driven by the increasing demand for autonomous vehicles. The market is expected to exhibit a compound annual growth rate (CAGR) of 36.19% during 2021-2027, reaching a value of $13.53 billion by 2027.
Software industry
The artificial intelligence market is anticipated to expand significantly during the forecast period of 2022 to 2027, driven by the growth of data-based AI, advancements in deep learning, and the need for businesses to remain competitive by achieving robotic autonomy. Despite concerns over data security and privacy, the market is
Software industry
The multi-vendor support services market is expected to witness significant growth during the forecast period, driven by rapid changes in the IT infrastructure. The market will be dominated by the hardware segment, with over 38% of the market originating from the Asia-Pacific (APAC) region. The market is highly fragmented, with
Software industry
A coalition of leading industry and education figures, including tech companies like Microsoft and Alphabet, has urged state governments and education leaders to update the K-12 curriculum to include computer science education. The call comes as the U.S. faces a significant shortage of skilled workers in the tech industry,
