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Showing posts with the label Information Technology

Global M-Commerce Market is Projected to Reach US$5.3 Trillion by 2024

Increasing Penetration of Smartphones, Expanding Coverage of High-Speed Mobile Networks and Ease and Convenience of Mobile Devices for Online Purchases Drive Growth in Global M-Commerce Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global M-Commerce market. Global M-Commerce market is projected to reach US$5.3 trillion by 2024 , driven by the growing penetration of smartphones and tablets, increasing access to mobile Internet services, and the adoption of advanced m-payment platforms. Strong prospects in emerging economies of Latin America and Asia-Pacific also present positive outlook for the m-commerce growth. M-commerce or mobile commerce is the use of wireless technology-based devices for online conduct of commercial transactions. Involving the use of mobile devices such as laptops, tablets, and mobile phones, mobil...

The Global Market for Silicon-Based Fingerprint Sensors is Projected to Reach US$377.3 Million by 2024

Technological Advancements and Fingerprint Recognition Implementation in Range of Devices Drive the Silicon-Based Fingerprint Sensors Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Silicon-Based Fingerprint Sensors market. The global market for Silicon-Based Fingerprint Sensors is projected to reach US$377.3 million by 2024 , driven by technological advancements, and its growing importance in notebooks applications, biometric and IoT applications, wireless devices, and physical access control implementations.   Fingerprint Biometrics is one of the oldest and widely used technologies that uses fingerprint pattern of ridges, lines, and valleys, which are unique to each individual and do not naturally alter with time. As a basis of identification, fingerprint identification comes as the most reliable among biometri...

The Global Market for Healthcare IT is Projected to Reach US$284 Billion by 2024

Growing Pressure to Reduce Costs, Enhance Hospital Efficiencies & Improve Patient Care   to Drive New IT Initiatives in Healthcare, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Healthcare IT market. The global market for Healthcare IT is projected to reach US$284 billion by 2024 , driven by increasing complexity of healthcare operations; technology developments; emergence of top IT initiatives such as AI, machine learning, data analytics, big data and cloud; and growing preference for paperless environment. Integration of technology with healthcare has revolutionized the healthcare sector and transformed patient care. Healthcare services involve multiple parties and processes wherein hospitals serve patients; receive equipment, services and other supplies from different parties; and realize payments from several sou...

The Global Market for Virtual Data Rooms is Forecast to Reach US$2.6 Billion by 2024

Hyperconnected Business Ecosystems & the Need for Dynamic Sharing of Sensitive Information Drives Demand for Virtual Data Rooms, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Virtual Data Rooms market. The global market for Virtual Data Rooms is forecast to reach US$2.6 billion by 2024 , driven by digitalization of everything and the resulting hyperconnected world which is fundamentally changing the way people and businesses share information and collaborate across geographic borders. Sharing of sensitive and confidential information is important and commonplace in the enterprise sector especially when it comes to business dealings such as mergers and acquisitions, property sales, financial audits, resolving legal litigations, equity funding and initial public offering (IPO) invitations/fund raising, real estate transactio...

The Global Market for Digital Rights Management (DRM) is Forecast to Reach US$4.6 Billion by 2024

Growing Opportunity for Content Monetization & the Focus on Protecting Revenue Streams Drive Parallel Gains for DRM Solutions, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Digital Rights Management (DRM) market. The global market for Digital Rights Management (DRM) is forecast to reach US$4.6 billion by 2024 , driven by the continuous evolution of the Internet as a platform for business and trade and the ensuing success in monetizing digital content. Digital content currently ranks as the most widely consumed goods on the Internet. Digital content traded on the Internet ranges from videos, movies, music, television shows, games, books, research materials, photo/images galleries, infographics, newsletters, GIFS, comics/cartoons, podcasts, slideshares, proprietary software, magazines, scientific and technology white papers,...

The Global Market for Backend-as-a-Service (BaaS) is Projected to Reach US$113.8 Billion by 2024

The Appification Trend Drives Growth in the Global Backend-as-a-Service Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Backend-as-a-Service (BaaS) market. The global market for Backend-as-a-Service (BaaS) is projected to reach US$113.8 billion by 2024 , driven by growing investments in disruptive cloud technologies; smartphone boom and the resulting increase in appetite for apps and the trend towards “Develop Your Own Applications” in the enterprise sector. Backend-as-a-Service (BaaS) is a cloud computing model which makes it easier for application developers to establish, use, and operate cloud backend for their applications, including web, mobile phone and tablet PC apps. Being a cloud based service, BaaS provides necessary backend support for application developers to store, manage and access their application data th...

The Global Market for Product Lifecycle Management (PLM) is Projected to Reach US$65.8 Billion by 2022

Critical Importance of Disruptive Product Innovation Makes Product Lifecycle Management Indispensable to Modern Enterprises, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Product Lifecycle Management (PLM) market. The global market for Product Lifecycle Management (PLM) is projected to reach US$65.8 billion by 2022 , driven by the growing focus on disruptive product innovation and the ensuing need for technology solutions that help align product development processes, systems and investments with business objectives. The modern market and business environment is rapidly changing. While innovation has always been the key to business success, in the current volatile and tough economy, disruptive innovation is what brings real success in the marketplace. The economic importance and value of disruptive innovation is growing by lea...

The Global Market for System-on-a-Chip is Projected to Approximate to Over US$310.2 Billion by 2024

Rise in Production of Smart Connected Devices Drives Opportunities for Growth in the Global System-on-a-Chip Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global System-on-a-Chip (SoC) market. The global market for System-on-a-Chip is projected to approximate to over US$310.2 billion by 2024 , driven by rising demand for multi-core technologies, smart, and growing demand for energy efficient electronic devices across industrial, automotive and consumer electronics markets. A System-on-a-Chip (SoC) is an integration of all key or essential electronic components of electronic systems on a single integrated circuit. The global SoC market is at present mainly driven by growing demand for smart, energy efficient electronic devices across industrial, automotive and consumer electronics markets. In the near to mid-term rapidly-growin...

The Global Market for Network Attached Storage (NAS) Devices is Projected to Reach US$13.2 Billion by 2022

The Creation of a Data Led Economy Provides Opportunities for the Network Attached Storage Devices Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Network Attached Storage (NAS) Devices market. The global market for Network Attached Storage (NAS) Devices is projected to reach US$13.2 billion by 2022 , driven by the creation of a data led economy and the resulting rise in importance of data storage technologies.   While the 18 th , 19 th and 20 th century recorded a rush for mining gold and oil resources, the 21st century is currently witnessing a new kind of craze for mining called “Data Mining”. The emergence of an information driven economy is making data more valuable than gold. The modern world is a data factory with machines and humans alike, generating vast volumes of valuable data. The present data-driven ec...

The Global Market for Routers is Projected to Reach US$23.5 Billion by 2024

Steep Increase in Deployment of Telecom & Datacom Networks Amid Escalating Demand for Communication Services Drive Demand for Routers, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Routers market. The global market for Routers is projected to reach US$23.5 billion by 2024 , driven by massive expansion in telecom & datacom network deployments, amid escalating demand for voice, video and data services in the enterprise and general consumer markets. A router is a specialized computer-networking device designed to aid in transmission of data packets along multiple wireless/wired networks to destinations via routing. Commonly connected to two LANs or WANs or a LAN and ISP network, a router is located at places known as gateways, where two or more Packet-Switched network connections co-exist. Along with switches, deployment o...