Press Releases by Category IT, New Media & Software
Key Trends Shaping the Future Insurance Chatbot Market From 2025-2034: Customer …
Which drivers are expected to have the greatest impact on the over the insurance chatbot market's growth?
The insurance chatbot market's growth is anticipated to be driven by the surging need for automated services. Automated services, which operate with little human intervention thanks to automation technologies, artificial intelligence and algorithms, are the systems, tasks or processes that carry out pre-set actions or procedures. Insurance chatbots, powered by artificial intelligence (AI), can…
Lean And Sixsigma Services Market Size by Application, Type, Geographic Scope, a …
USA, New Jersey- According to Market Research Intellect, the global Lean And Sixsigma Services market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for Lean and Six Sigma services is expanding steadily due to the growing need for quality improvement and process efficiency across…
The Evolving Landscape of the Firearms Market: An In-Depth Overview
The firearms market has consistently been an arena of dynamic shifts, innovation, and evolving consumer preferences. In today's climate, the industry faces both opportunities and challenges, shaped by technological advancements, regulatory shifts, and global economic trends. This article provides an extensive analysis of the current state of the firearms market, offers insightful market analysis, and outlines key market segments driving growth. By examining these components, industry stakeholders and interested parties…
Content Services Platform Market to Grow to US$ 209.23 billion by 2033 - Persist …
The global Content Services Platform (CSP) market is experiencing significant growth, driven by the increasing need for efficient data management and digital transformation across various industries. According to Persistence Market Research, the market was valued at US$ 47.8 billion in 2023 and is projected to reach US$ 209.23 billion by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 14.6% over the forecast period.
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Maritime Digitization Market Poised for 10.9% Growth, Set to Hit $21.03 Billion …
What industry-specific factors are fueling the growth of the maritime digitization market?
The upward trend in autonomous vessel utilization is expected to fuel the expansion of the maritime digitization market. Autonomous vessels or ships have the ability to perform several tasks and operate with minimal human intervention, thanks to their automated processes and decision supports. Maritime digitization has a significant role in managing these self-navigating vessels, as it offers the needed…
Global Identity Verification And Authentication Market Projected to Surpass $28. …
What industry-specific factors are fueling the growth of the identity verification and authentication market?
The escalating instances of identity theft and cyber attacks are anticipated to be a catalyst for the growth of the identity verification and authentication market in the future. This surge corresponds to scenarios where personal information is illegitimately acquired and misused, and where computer systems and networks are targeted by harmful activities. The use of identity verification…
Prominent Managed Information Services Market Trend for 2025: Launch Of Innovati …
How Are the key drivers contributing to the expansion of the managed information services market?
The increasing focus on cyber security is anticipated to fuel the expansion of the managed information services market. Cybersecurity fortifies digital resources, networks, and computer systems against unauthorized access, security violations or attacks and damage. This surge in focus on cybersecurity originates from the escalating complexity of cyberattacks, the rapid growth of cybercrime, and the increasing…
Big Data Market Revenue Projections and Strategic Developments
Big Data Market Poised for Significant Growth
The global Big Data market is experiencing substantial expansion, with its size valued at USD 217.2 billion in 2023. Projections indicate that the market will reach approximately USD 492.29 billion by 2030, reflecting a compound annual growth rate (CAGR) of 12.4% during the forecast period from 2024 to 2030.
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Big Data Market Key Drivers of…
Riyadh Leads Saudi Data Center Server Market Growth
According to the latest market research study published by P&S Intelligence, the Saudi Arabian data center server market is poised for substantial growth, with projected revenues escalating from an estimated USD 784.1 million in 2024 to USD 1,368.0 million by 2030, reflecting a robust compound annual growth rate (CAGR) of 9.7% during this period. This surge is primarily attributed to the globalization of digital clouds, the increasing incorporation of artificial…
In-Depth Analysis of the Lab Grown Diamonds Market: Growth Opportunities, Key Tr …
Which drivers are expected to have the greatest impact on the over the lab grown diamonds market's growth?
An increase in diamond consumption is anticipated to boost the synthetic diamond market in the future. Diamonds, precious stones with carbon atoms organized in a crystal lattice configuration, have an array of practical benefits and applications across multiple sectors, including jewelry production, electronics, and healthcare. For example, The Observatory of Economic Complexity, a…
India E-commerce Market Size and CAGR Insights for 2024-2030
India's E-commerce Market Poised for Exponential Growth
The Indian e-commerce market is experiencing unprecedented growth, with its size valued at USD 67.62 billion in 2023 and projected to reach USD 450.81 billion by 2030, reflecting a remarkable compound annual growth rate (CAGR) of 31.13%. This surge is driven by factors such as increasing internet penetration, a burgeoning digital ecosystem, and supportive government initiatives.
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IoT Gateways Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Sh …
What market dynamics are playing a key role in accelerating the growth of the iot gateways market?
The IoT gateways market is poised to expand, propelled by an improvement in internet connectivity. This term refers to the capacity for devices to interact and communicate via the internet, thereby enabling information exchange and promoting communication. Factors contributing to an increase in internet connectivity include economic incentives, policy initiatives, a growing appetite for…
Binder Jetting Services Market Projected to Surge to US$ 486.4 Mn by 2033 - Pers …
Binder jetting, a prominent additive manufacturing technique, has gained significant traction across various industries due to its efficiency and versatility. This report delves into the current state and future prospects of the binder jetting services market, drawing insights from Persistence Market Research's comprehensive analysis. The market is projected to expand from a valuation of US$ 108.1 million in 2023 to US$ 486.4 million by 2033, reflecting a robust compound annual…
Intelligent Video Analytics Systems Market Poised for 15.7% Growth, Set to Hit $ …
How Are the key drivers contributing to the expansion of the intelligent video analytics systems market?
The intelligent video analytics market is set to expand, driven by the growing need for surveillance and security solutions. These encompass various strategies and technologies aimed at safeguarding property, information, and people. Intelligent video analytics leverages advanced AI and algorithms to derive crucial insights from video data, thereby enhancing the effectiveness of security and surveillance…
Prominent Insights-As-A-Service Market Trend for 2025: Innovative Solutions In T …
Which drivers are expected to have the greatest impact on the over the insights-as-a-service market's growth?
The surge in big data is projected to fuel the expansion of the insights-as-a-service market. Defined as enormously large and diverse sets of structured, fragmented, and semi-structured data, big data is growing substantially due to innovative businesses producing vast amounts of data. Insights-as-a-service provide companies with a means to derive valuable insights, recognize trends, and…
A Deep Dive into Industrial Machine Vision Market 2025: Key Drivers, Growth Fact …
What combination of drivers is leading to accelerated growth in the industrial machine vision market?
The industrial machine vision market is set to burgeon in response to the escalating demand for automation. Automation, the utilization of technology and machinery to carry out tasks without direct human touchpoints, is increasingly sought after for its efficiency, cost-effectiveness, quality control, and latest advancements. Industrial machine vision systems leverage this automation to boost work productivity,…
Comprehensive Human-Computer Interaction Market Insights: Forecasting Size, Grow …
How Are the key drivers contributing to the expansion of the human-computer interaction market?
The rising utilization of internet of things (IoT) systems is predicted to spur the expansion of the human-computer interaction market in the future. The internet of things involves an integrated network of tangible devices outfitted with sensors, software, and communication abilities to collect, distribute, and respond to information. The need for IoT systems is escalating due to…
Cognex Corporation's Dataman 280 Series Sets New Standards In Machine Vision Sof …
What industry-specific factors are fueling the growth of the machine vision software market?
The rise in the requirement for quality inspection is anticipated to boost the machine vision software market's expansion. Quality inspection involves a detailed evaluation and assessment of products or operations to meet pre-established specifications and standards, ensuring consistency, dependability, and compliance with regulatory mandates. The use of machine vision software improves the process of quality inspection by providing…
Innovative Breakthroughs in Generative AI Propel the Healthcare Industry into a …
The healthcare landscape is undergoing a transformational shift, driven by the rapid advancements in generative artificial intelligence (AI). This revolutionary technology is not only redefining the way healthcare data is processed and interpreted but is also fostering novel opportunities for personalized medicine, predictive diagnostics, and improved patient outcomes. The generative AI in healthcare market is expanding at an unprecedented rate, underpinned by robust market growth, evolving technological innovations, and increasing…
In-Depth Analysis of the High-Definition (HD) Voice Market: Growth Opportunities …
What combination of drivers is leading to accelerated growth in the high-definition (hd) voice market?
The surge in the uptake of 5G services is seen as a catalyst for the expansion of the high-definition (HD) voice market in the future. 5G services encompass the fifth version of mobile network technology, offering improved connectivity featuring faster data transmission, lower delay, and greater capacity. In the context of HD voice, 5G services employ…
Comprehensive Operational Risk Management Solution Market Insights: Forecasting …
What combination of drivers is leading to accelerated growth in the operational risk management solution market?
The increasing prevalence of cyber attacks is predicted to fuel the expansion of the operational risk management solution market. Cyber attacks are nefarious, intentional efforts to exploit weaknesses in computer systems, networks, and digital infrastructures, with the goal of damaging, obtaining unauthorized access to data, or disturbing regular operations. Operational risk management solutions are utilized…
Leading Element Driving Change in the Live Commerce Platforms Market in 2025: Na …
Which drivers are expected to have the greatest impact on the over the live commerce platforms market's growth?
The projected expansion of the live commerce platform market is largely attributed to the continuing growth in internet penetration. Serving as a global means for computer users to share and access information, the internet's appeal lies in its capacity to offer immediate access to expansive resources, services, and communication channels. The ubiquity of…
Quantum Cryptography Market Estimated to Reach US$ 1,095.7 Mn by 2033 - Persiste …
Quantum cryptography, leveraging the principles of quantum mechanics, has emerged as a pivotal technology in securing communications across various sectors. Unlike traditional cryptographic methods that rely on complex mathematical algorithms, quantum cryptography ensures security based on the fundamental laws of physics. This inherent security feature makes it an attractive solution in an era where cyber threats are increasingly sophisticated.
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Open Database Connectivity (ODBC) Market Outlook 2025-2034: Key Trends, Growth D …
What industry-specific factors are fueling the growth of the open database connectivity (odbc) market?
The surge in the adoption of cloud services is set to expedite the growth of the open database connectivity (ODBC) market. Cloud adoption can be defined as the strategic move carried out by companies to cut expenses, minimize risks, and attain scalability of database functionalities by employing cloud technologies to enhance their business operations. With an increased…
Hardware Storage Market Poised for 12.3% Growth, Set to Hit $22.57 Billion by 20 …
Which drivers are expected to have the greatest impact on the over the hardware storage market's growth?
The hardware storage market is predicted to grow due to the increasing demand for substantial amounts of digital data. This data, which is typically encoded in binary format and processed and stored by computers, is becoming more prevalent due to the increasing need for insights, innovation, and decision-making in various sectors. Hardware storage solutions…
Magnetometer Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Sh …
What industry-specific factors are fueling the growth of the magnetometer market?
The magnetometer market is poised for further growth due to the escalating interest in electric vehicles. Electric vehicles, propelled solely by electricity, rely on one or multiple electric engines and rechargeable cells. In these vehicles, magnetometers contribute to precise direction-finding and alignment, in conjunction with gyroscopes and accelerometers. As a case in point, the International Energy Agency, a France-based global…
Saudi Arabia Cybersecurity Market Expands with Digital Adoption
According to the latest market research study published by P&S Intelligence, the Saudi Arabian cybersecurity market is poised for substantial growth, with projected revenues reaching $672.4 million in 2024 and an anticipated compound annual growth rate (CAGR) of 14.0% from 2024 to 2030, culminating in $1,477.2 million by 2030.
This robust expansion is primarily driven by the nation's rapid digital transformation and strategic initiatives like Vision 2030, which emphasize economic diversification…
Primary Catalyst Driving Online Charging System (OCS) Market Evolution in 2025: …
What market dynamics are playing a key role in accelerating the growth of the online charging system (ocs) market?
The upward trend in digital banking adoption is anticipated to spur the expansion of the Online Charging Systems (OCS) market. Digital banking signifies the automation of conventional banking services, providing customers with the ability to utilize banking products and services through an electronic or online system. Online Charging Systems play a critical…
Top Factor Driving Machine Learning Market Growth in 2025: Cloud-Based Platforms …
How Are the key drivers contributing to the expansion of the machine learning market?
The expansion of the machine learning market is predicted to be fueled by the heightened use of cloud-based platforms. These platforms offer computing resources and services over the internet, eliminating the necessity for physical infrastructure or hardware, and enable users to utilize applications, storage and processing power. They also promote teamwork as numerous users can concurrently work…
Top Factor Driving On-Call Scheduling Software Market Growth in 2025: Cloud Adop …
How Are the key drivers contributing to the expansion of the on-call scheduling software market?
The increasing trend of utilizing cloud-based solutions is anticipated to accelerate the expansion of the on-call scheduling software market. Cloud-based solutions, software products that can be accessed and manipulated online, provide enhanced adaptability, scalability, and cost-efficiency. These solutions are rapidly growing in popularity due to numerous key aspects, such as scalability, cost-effectiveness, availability, security, innovation, and…
Loan Origination Software Market Poised for 11.9% Growth, Set to Hit $3.55 Billi …
Which drivers are expected to have the greatest impact on the over the loan origination software market's growth?
The loan origination software market growth is anticipated to be driven by the increased acceptance of AI and blockchain technologies. The utilization of AI involves integrating artificial intelligence into a range of sectors and activities, while blockchain technology implies adopting a decentralized, secure method of logging and validating transactions. AI is becoming more…
Global IoT Gateway Devices Market Projected to Surpass $26.22 Billion by 2029 wi …
Which drivers are expected to have the greatest impact on the over the iot gateway devices market's growth?
The surge in the adoption of 5G technology is anticipated to boost the expansion of the IoT gateway devices market in the future. 5G technology, the fifth generation of mobile network connectivity, is a substantial improvement over earlier network generations (2G, 3G, and 4G, or LTE). The transition to 5G technology is propelled…
Top Factor Driving Wireless Speakers Market Growth in 2025: Growing Adoption of …
Which drivers are expected to have the greatest impact on the over the wireless speakers market's growth?
An upward trend in the adoption of smart home devices is projected to spur the expansion of the wireless speakers market. These devices, which include all forms of connected electronic equipment and appliances that can be managed remotely through mobile devices or voice-activated assistants, provide a boost to convenience, augment energy effectiveness, promote security,…
A Deep Dive into Legal Document Management Software Market 2025: Key Drivers, Gr …
What market dynamics are playing a key role in accelerating the growth of the legal document management software market?
The escalating utilization of cloud-based solutions by law firms is anticipated to fuel the expansion of the legal document management software market. Cloud solution pertains to software services or platforms that are hosted, managed and accessed remotely via the internet. Law firms are progressively adopting these solutions due to their cost-effectiveness and…
Increasing Road Accidents In Fueling Lane Departure Warning System Market Growth …
What industry-specific factors are fueling the growth of the lane departure warning system market?
The increasing frequency of road crashes is anticipated to drive the expansion of the lane departure warning system market. Road accidents include any events on roads involving one or more vehicles that lead to property damage, injury, or death. The frequency of such accidents has been surging due to swift urbanization, irresponsible driving habits, infrastructural issues, and…
Surging Data Volumes Fueling Growth In Insight Engines Market Driver: A Major Ca …
What industry-specific factors are fueling the growth of the insight engines market?
The growth of the insight engines market is predicted to be driven by the increasing amounts of data. In this context, the volume of data refers to the quantity or scale of data produced, processed, stored and transmitted within a system or organization. A variety of industries count on data analysis for insight-informed decisions, which triggers data collection methods.…
Key Trend Reshaping the Key Management Software Market in 2025: Companies Innova …
How Are the key drivers contributing to the expansion of the key management software market?
The escalation of worries related to data security is anticipated to fuel the expansion of the key management software market in the future. Data safety anxieties center around both the fears and proactive steps needed to secure sensitive information against unauthorized entry, use, exposure, alteration, or damage. The swelling concern of data security is associated with…
Maritime Security Market Outlook 2025-2034: Key Trends, Growth Drivers, and Mark …
What market dynamics are playing a key role in accelerating the growth of the maritime security market?
An upturn in maritime threats is anticipated to spur the expansion of the maritime security market in the future. Maritime threats encompass a variety of potential hazards, dangers, or unlawful activities that pose challenges to maritime security, navigational safety, and legal maritime usage. Factors such as increased illicit, unregulated, and unreported (IUU) fishing, coupled…
Human Microchipping Market Forecast 2025-2034: Analysing Major Trends, Opportuni …
What market dynamics are playing a key role in accelerating the growth of the human microchipping market?
The increasing need for contactless dealings is anticipated to drive the expansion of the human microchipping market. These deals are a secure method of purchasing where neither the seller's point-of-sale (POS) terminal nor the buyer's card need to physically touch. The adoption of contactless payments was notably hastened by the COVID-19 pandemic due to…
Top Factor Driving Managed IT Infrastructure Services Market Growth in 2025: IOT …
What industry-specific factors are fueling the growth of the managed it infrastructure services market?
The rise in Internet of Things (IoT) adoption is anticipated to significantly boost the managed IT infrastructure services market's growth. Essentially, the IoT involves interconnected computing devices, mechanical, and electronic machinery, each with a unique identity (UID), capable of transferring data without the need for human-to-human or human-to-computer interaction. Thanks to scalable software infrastructure, device management, improved…
Prominent Next-Generation Network Market Trend for 2025: Advanced 5G Modem-RF Sy …
What combination of drivers is leading to accelerated growth in the next-generation network market?
The proliferation of 5G technology is anticipated to stimulate the expansion of the next-gen network market in the future. 5G, the fifth iteration of mobile network technology, promises quicker data transmission, reduced latency, enhanced capacity, and compatibility with a vast array of applications and interconnected devices, surpassing its predecessors. The integration of 5G is a result of…
In-Depth Analysis of the Interactive Voice Response Market: Growth Opportunities …
What market dynamics are playing a key role in accelerating the growth of the interactive voice response market?
The rise in internet usage is anticipated to fuel the expansion of the interactive voice response market in the future. The term internet penetration is used to denote the proportion of a population or a given geographical region with internet access. Interactive Voice Response (IVR) systems can help augment internet penetration by offering…
Instrument Cluster Market Riding High On The Wave Of Global Automotive Expansion …
What industry-specific factors are fueling the growth of the instrument cluster market?
The expansion of the instrument cluster market is set to be fuelled by the increasing production of automotive vehicles. Automotive vehicle production involves the manufacturing and assembly of various vehicles, such as cars, trucks, motorcycles, and other motor vehicles. A vital part of the vehicle's dashboard, the instrument cluster provides drivers with important data such as speed, temperature, engine…
Global Heat Pump Water Heater Market Projected to Surpass $3.6 Billion by 2029 w …
What combination of drivers is leading to accelerated growth in the heat pump water heater market?
The surge in renewable energy utilization is predicted to fuel the expansion of the heat pump water heater market. Renewable energy comes from natural processes which are consistently renewed. The escalating public anxiety about climate change has stimulated the raised demand for renewable energy and environmental preservation. Heat pumps are exceptionally energy-efficient and support clean…
Industrial Wireless Local Area Network (WLAN) Market Outlook 2025-2034: Key Tren …
How Are the key drivers contributing to the expansion of the industrial wireless local area network (wlan) market?
The industrial wireless local area network (WLAN) market is anticipated to experience considerable growth due to the rising usage of the Internet of Things (IoT). IoT involves a network of interconnected devices, equipped with sensors, actuators, and software that allows them to gather and share data via the Internet. Factors accelerating IoT adoption…
A Deep Dive into Network Traffic Analytics Market 2025: Key Drivers, Growth Fact …
What market dynamics are playing a key role in accelerating the growth of the network traffic analytics market?
The expected increase in cyber threats and security violations is projected to enhance the progression of the network traffic analytics market. In the realm of digital systems, cyber threats are defined as malevolent activities, while security transgressions are the unauthorized penetration or exposure of confidential data, which threatens individuals, companies, or governments. With…
Top Factor Driving Industrial Automation Cable Market Growth in 2025: Growth in …
Which drivers are expected to have the greatest impact on the over the industrial automation cable market's growth?
The growth of the industrial automation cable market is expected to be propelled by the growing inclination towards robotics. Robotics, an interdisciplinary field, examines the design, construction, application, and analysis of either autonomous or semi-autonomous robots that can replicate or improve human activities. Due to the significant advancements in robotics technology, spanning from…
Global Hardware Artificial Intelligence Market to Reach $22.57 Billion by 2029, …
What industry-specific factors are fueling the growth of the hardware artificial intelligence market?
The uptick in internet users worldwide is forecasted to drive the expansion of the hardware artificial intelligence market. Global consumers are leveraging internet for acquiring information, interacting with others, and indulging in numerous online activities. The worldwide economy and community are becoming increasingly interlinked, thus prompting a larger dependence on the internet for overseas communication, cooperation, and trade.…
Primary Catalyst Driving Network Security Policy Management (NPSM) Software Mark …
How Are the key drivers contributing to the expansion of the network security policy management (npsm) software market?
The upward trend in cyber threats is predicted to drive the expansion of the network security policy management (NPSM) software market. Cyber threats encompass potential hazards or risks brought by harmful activities aiming to compromise data through various activities and tactics targeting computer systems, networks, and digital information. The NPSM software shields against…
Identity And Access Management Market Poised for 15.8% Growth, Set to Hit $52.28 …
What combination of drivers is leading to accelerated growth in the identity and access management market?
The rise in cyber threats is projected to fuel the expansion of the identity and access management market in the future. Cyber threats are understood as potential hazards or dangers brought about by malicious activities which aim to compromise data via extensive activities and tactics targeting computer systems, networks, and electronic information. Emerging technologies' adoption…
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