According to a recent study by FMI, the conversational AI market is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth of the market during the …
Category Archives: Technology Trends
5G IoT Market is to grow at 33.5% During the Forecast Period 2022 to 2032
According to Future Market Insights’ newly released 5G IoT industry analysis report, global revenue for 5G IoT in 2021 is expected to be US$ 2.6 billion. The projected market growth rate from 2022 to 2032 is 33.5%. With a projected growth of 31.8% between 2022 and 2032, the 5G Non-Standalone segment is expected to be the highest …
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Physical Security Market is to grow at 6.3% During the Forecast Period 2022 to 2032
The physical security market is projected to grow steadily at a 6.3% value CAGR, during the forecast period 2022-2032. Earlier in 2021, this market was projected to have a global market valuation worth US$ 117 Billion and is expected to reach a sum of US$ 229.11 Billion by 2032. Global physical security market growth has been boosted by an increase in terror attacks …
Industrial IoT Market is to grow at 12.2% During the Forecast Period 2022 to 2032
The 5G Industrial IOT market revenues were estimated at US$ 890.0 Mn in 2021 and is anticipated to grow at a CAGR of 28.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$ 18.8 Bn. 5G Industrial IOT revenue through large enterprises is projected to grow at a …
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Core Banking Solution Market is to grow at 5.1% During the Forecast Period 2017 to 2027
The core banking service market has been thoroughly evaluated by Future Market Insights in its most recent report, “Core Banking Solution Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The market is expected to grow at a strong CAGR of 5.1% during the forecast period. Component – Software Dominates Services Component in Core Banking …
IT Operations Analytics Market: Global Industry Analysis and Opportunity Assessment 2027
Increasing importance of IT department in various organization need the advanced solution to manage the complex IT functions. IT operations analytics offers real-time analysis feature and it analyses the IT data and provides different patterns for the same. IT operations analytics is also known as advanced operational analytics that has been implemented by BFSI, media & entertainment, …
DNS DHCP And IPAM Market: Global Industry Analysis and Opportunity Assessment 2027
The Domain Name System, Dynamic Host Configuration Protocol, and IP address management market is growing rapidly as it has improved IT infrastructure availability and efficiency and reduced the operational expenditures of enterprises. Enterprises are focusing on organic as well inorganic growth which needs to add new IP addresses to their network that needs the IP …
Domain Name System (DNS) Firewall Market: Global Industry Analysis and Opportunity Assessment 2028
In the past years, every small & big enterprise connected to the internet are installing the firewall to make sure that their network is secure from malicious and unknown sites. But nowadays this firewall is not working anymore as attackers are mishandling applications due to software misconfiguration or lack of optimized security solution that lead …
Broadband Network Gateway (BNG) Market: Global Industry Analysis and Opportunity Assessment 2030
Broadband Network Gateway (BNG) is the access point through which subscribers can connect to the broadband network. When connection is established between customer premise equipment and Broadband Network Gateway (BNG) the subscriber is able to access the broadband services that are provided by internet service provider (ISP). To provide broadband connectivity to subscribers and manage subscriber …
Precision Agriculture Market – Global Industry Analysis and Opportunity Assessment 2029
Precision agriculture is also known as satellite agriculture, precision ag or precision farming, as-needed farming, and site-specific crop management. The site-specific crop management is a farming management theory based on measuring, responding, and observing to plant and intra-field variability in the crop. Precision agriculture is used for transforming agricultural extension in emerging countries using the latest …