The global optical character recognition market size was valued at USD 10.62 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.8% from 2023 to 2030. Optical character recognition (OCR) technology converts printed and physical documents into machin... Read More »
January 2024The global simulation software market size was valued at USD 18.71 billion in 2022 and is estimated to register a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. Simulation software is a tool used to virtually create a real-time environment to test the applicabil... Read More »
January 2024The global virtual events market size was estimated at USD 78.53billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 18.8% from 2023 to 2030. The widespread use of collaboration and communication tools in various industries and industry verticals, including retail & e-commerce, heal... Read More »
January 2024The global government education market size was estimated at USD 558.49 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.8% from 2024 to 2030. The market plays a key role in shaping the educational landscape of nations. Government education typically... Read More »
January 2024The global large language model market size was estimated at USD 4.35 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 35.9% from 2024 to 2030. The integration of a zero human intervention feature in training systems is a driving force behind the accele... Read More »
January 2024The U.S. postal automation systems market size was estimated at USD 245.9 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. Rising demand for faster delivery across numerous industries, especially e-commerce companies, is fueling ... Read More »
January 2024The global testing as a service market size was estimated at USD 4.54 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 14.0% from 2024 to 2030. The increasing complexity of software development, involving functionalities and dependencies, necessitates c... Read More »
January 2024The Japan IT services market size was valued at USD 70.22 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. A growing focus on artificial intelligence, cyber security, digital technology, robotics, and healthcare IT drives this co... Read More »
January 2024The global cloud-based quantum computing market size was estimated at USD 610.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 20.5% from 2024 to 2030. As technology advances, cloud-based quantum computing is likely to become widely available in the ne... Read More »
January 2024The global artificial intelligence in banking market size was estimated at USD 19.87 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 31.8% from 2024 to 2030. AI integration in banking has transformed the sector, strengthening a more customer-centric app... Read More »
January 2024The global software defined radio market size was estimated at USD 25.29 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. The defense agencies are adopting software defined radio (SDR) owing to the rising demand for advanced commu... Read More »
January 2024The global enterprise IoT market size was estimated at USD 574.2 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% from 2024 to 2030. The growth of the market is anticipated to be propelled by the evolution of technologies like Bluetooth, Wi-Fi, Ins... Read More »
January 2024The global retail cloud market size was estimated at USD 50.09 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2030. This expansion is primarily driven by the increasing adoption of cloud computing among retailers, as it offers cost-... Read More »
January 2024The global electric vehicle testing, inspection, and certification market size was estimated at USD 1.21 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 14.1% from 2024 to 2030. The electric vehicle testing, inspection, and certification (TIC) market i... Read More »
January 2024The global metaverse in e-commerce market size was estimated at USD 11.11 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 40.0% from 2024 to 2030. The integration of blockchain technology is also driving the metaverse's impact on e-commerce. Blockchain... Read More »
January 2024The global Web 3.0 market size was valued at USD 2.25 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 49.3% from 2024 to 2030.The Web 3.0 industry is poised for significant growth, driven by several key factors such as increasing need for data privacy f... Read More »
January 2024The global quantum computing software market size was estimated at USD 779.2 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 18.5% from 2024 to 2030. The development of tailored quantum software for applications is booming throughout industries. For dr... Read More »
January 2024The global wireless charging market size was valued at USD 5.72 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 24.2% from 2023 to 2030. The growing demand for high-speed wireless and simultaneous multi-device charging stations is expected to drive the ... Read More »
January 2024The North America MRO distribution market size was valued at USD 157.80 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 2.6% from 2024 to 2030. The MRO market forecasts are dependent on optimum efficiency products developed by manufacturers in order to... Read More »
January 2024The global non-fungible token market size was estimated at USD 26.9 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 34.5% from 2024 to 2030. non-fungible token (NFTs) are assets that have been tokenized via a blockchain. These unique cryptographic token... Read More »
January 2024