Software industry
The global government cloud market, which stood at $27.6 billion in 2021, is expected to grow at a compound annual growth rate (CAGR) of 16.30% from 2022 to 2027, according to a report by ResearchAndMarkets.com. The market is driven by factors such as flexibility, security, compliance, cost
Software industry
The global mobile applications market is rapidly growing and is expected to reach a value of over $307 billion by the end of the forecast period (2021-2031). The market is projected to rise at a CAGR of 12.4% over the next ten years, driven by increasing demand for mobile
Software industry
The artificial intelligence in manufacturing and supply chain market in Japan is poised to experience significant growth, with an expected increase of USD 1.79 billion between 2021 and 2026. The market is expected to be driven by the automotive segment, which will have the largest share and create significant
Software industry
The global blockchain in manufacturing market, which valued at $717.6 million in 2021, is projected to reach $17,047.8 million by 2027, exhibiting a compound annual growth rate (CAGR) of 66.40% during 2022-2027. This growth is driven by the increasing adoption of blockchain technology in the manufacturing
Software industry
The global digital twin market has reached a value of $10.3 billion in 2021, with the market expected to reach $54.6 billion by 2027, driven by increasing adoption in various industries, including pharmaceuticals, healthcare, and manufacturing. Digital twins are virtual models that accurately reflect physical objects, processes, or
Software industry
The global retail banking IT spending market is poised to experience significant growth, driven by the increasing need for greater customer satisfaction, increased efficiency in banking operations, and the rise of autonomous banking. According to the latest report from ResearchAndMarkets.com, the market is expected to grow at a compound
Software industry
The quantum computing market is anticipated to exhibit significant growth, driven by increasing government and private funding for research programs, as well as the adoption of emerging technologies such as machine learning and cloud computing. Quantum computing presents a new paradigm for solving complex optimization issues and is expected to
Software industry
The digital twin market is expected to experience significant growth, driven by the increasing adoption of Industry 4.0 and industrial IoT technologies. Industry 4.0 initiatives are driving the development of innovative production methodologies, with digital twin technology at the center. The market is expected to grow by USD
Software industry
With the Russia-Ukraine war injecting volatility into the equity market, investors may be turning to defensive stocks for stability. A list of defensive names compiled by Goldman Sachs suggests Microsoft, Johnson & Johnson, Visa, Procter & Gamble, and other companies have a long history of beating the overall market. Morningstar
Software industry
The Internet of Things (IoT) market in retail applications is expected to grow by USD 44.80 billion from 2021 to 2026, slowing down at a compound annual growth rate (CAGR) of 16.48% during the forecast period. This growth is driven by the increasing adoption of cloud-based RFID systems,
Software industry
The global gesture recognition market is anticipated to experience significant growth in the coming years, driven by increasing demand for touchless sensing and superior user experience across various sectors. The market, which was estimated at $11.8 billion in 2022, is projected to reach $24.8 billion by 2026, growing
Software industry
The global 3D sensor market is estimated to be worth $2.7 billion in 2021 and is projected to reach $9.4 billion by 2026, growing at a Compound Annual Growth Rate (CAGR) of 28.1% from 2021 to 2026. The market is driven by the growing demand for virtual
