The global crowdsourced security Industry size is anticipated to exceed a valuation of US$ 114.4 million in 2023. It is projected to hit a valuation of US$ 245.4 million by 2033. The market is predicted to thrive at a CAGR of 7.9% from 2023 to 2033. Compared to engaging specialized in-house security teams or carrying out conventional penetration …
Category Archives: Technology Trends
Cloud Database and DBaaS Market Surges: Expected to Reach US$ 69,806.5 Million by 2033
The Cloud Database and Database-as-a-Service (DBaaS) market is poised for remarkable growth, with projections indicating a value of US$ 18,611.2 million in 2023 and a staggering rise to US$ 69,806.5 million by 2033. These figures reflect an anticipated Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period, underlining the industry’s tremendous potential and demand. Healthcare, …
Patient Registry Software Market to Surge at 8.8% CAGR, Projected to Reach US$ 4.4 Billion by 2032
The global patient registry software market is estimated at US$ 4.4 Billion while expanding at a CAGR of 8.8% from 2022 to 2032. The market is valued at US$ 1.9 Billion in 2022. The growth of the market can be attributed to the increasing adoption of EHRs in the healthcare sector. The implementation of various favorable government initiatives is expected to …
VPN Software Market Sees Explosive Growth Projections: Anticipated 14.1% CAGR Targeting US$ 7.2 Billion by 2033
The global VPN software market is expected to reach a value of US$ 1.7 billion in the year 2023. This market is anticipated to continue expanding at a steady rate of 14.1% annually, eventually reaching a total worth of US$ 7.2 billion by the year 2033. VPN software is being adopted by businesses across the globe to provide remote workers with …
Network Forensics Market Dominates: Projected Worth Reaches US$ 8.9 Billion by 2032
The network forensics market, which involves investigating and analyzing digital network activities, is projected to expand substantially, reaching a whopping $8.9 billion by the year 2032. This growth is anticipated to occur at a noteworthy rate of 12.5% annually between 2022 and 2032. In simpler terms, more and more businesses and organizations are expected to invest …
Mobile TV Market on Track to Surpass US$ 30 Billion Mark, Aims for 8% CAGR by 2032
The mobile TV market registered an 8% CAGR during the forecast period (2022-2032), to reach US$ 30 Billion by the end of 2032. Due to the increasing availability of high-speed data services such as 3G, 4G, and 5G, the mobile TV market is expected to rise steadily throughout the forecast period. The increasing use of smart devices such as mobile phones and …
Building Information Management (BIM) Market Soars to Projected US$ 29,087.1 Million by 2034 with a 13% CAGR
The building information management (BIM) market is estimated to be worth US$ 8,591.7 million in 2024 and is projected to be valued at US$ 29,087.1 Million in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 13%. Building information management is becoming increasingly essential as businesses look to maximize resources and streamline operations. Effective stakeholder …
M2M Services Market: Anticipated Surge to US$ 376.3 Billion by 2032 with 25.2% CAGR
The global M2M services market is projected to reach US$ 376.3 Billion by 2032. The market is expected to reach a CAGR of 25.2% during the forecast period from 2022 to 2032. The absolute dollar market value for M2M services was ranked at US$ 336.5 Billion in 2016–2021 during the forecast period. In recent years, there has been unprecedented growth in …
Payment Processing Solution Market: Forecasted Surge to US$ 231.7 Billion by 2032, Showing a 9.9% CAGR
The global payment processing solutions market is expected to secure US$ 231.7 Billion while exhibiting a CAGR of 9.9% during the forecast period from 2022 to 2032. The growing application of smartphones and increasing internet penetration across the globe are expected to play a significant role in driving the market in the forecast period. Moreover, various countries; …
Life Science Analytics Market: Projected Growth to US$ 68.6 Billion by 2032, Surging at 10.7% CAGR
The global life science analytics market is anticipated to rise from US$ 24.8 billion in 2022 to US$ 68.6 Billion by 2032, expanding at a compound yearly growth rate of 10.7%. The R&D and business sectors are expected to undergo a significant transformation as a result of the adoption of artificial intelligence in healthcare over the next few decades. Life science …