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
Software industry
The global identity and access management market is poised to grow at a CAGR of 14% during the forecast period of 2020-2024, driven by the upsurge of cloud IAM and increasing data thefts across the globe. The market is expected to reach a size of $15.15 billion by the
Software industry
As the entertainment industry has a long-standing commitment to combating hate speech, its absence from the #StopHateForProfit boycott on Facebook is puzzling, with only a few small companies and a non-profit joining the campaign to date. The boycott, launched in response to Facebook's handling of hate speech, has
Software industry
The global web analytics market is poised to grow by $3.05 billion during 2020-2024, driven by the increasing adoption of cloud-based solutions, the need for predictive analytics, and the proliferation of AI in web analytics. The market is highly competitive, with major players such as Adobe Inc., AT Internet,
Software industry
The backup-as-a-service (BaaS) market is experiencing exponential growth, driven by the increasing volume of data and the shift from a capital expenditure (CAPEX) to an operating expenditure (OPEX) model. The market is expected to grow at a compound annual growth rate (CAGR) of approximately 28% during the forecast period. This
Software industry
The global disaster recovery-as-a-service (DRaaS) market is poised to experience a significant growth trajectory, driven by the increasing adoption of cloud-based disaster recovery solutions. According to Technavio, the market is expected to grow by USD 27.44 billion during the period 2020-2024, progressing at a CAGR of over 43% during
Software industry
The Facebook boycott, led by advertisers such as Ford, Hershey's, and Clorox, has raised questions about the effectiveness of large corporations in forcing meaningful change. The #StopHateforProfit campaign demands that Facebook curb hate speech on its platforms, but critics argue that the boycott is a shallow attempt to
