Category: Technology Press Release

Business Process Outsourcing Industry Overview The global business process outsourcing market was valued at USD 245.9 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. The market is driven by factors such as the increasing focus of organizations on improving efficiency and business agility,…

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Business-to-Business E-commerce Industry Overview The global business-to-business e-commerce market size was valued at USD 6,883.47 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 19.7% from 2022 to 2030. The COVID-19 pandemic has brought about a shift in consumer preference for online shopping, creating avenues for market growth. The…

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Data Annotation Tools Industry Overview The global data annotation tools market size was valued at USD 629.5 USD million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 26.6% from 2022 to 2030. The growth is majorly driven by the increasing adoption of image data annotation tools in the automotive,…

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Collaborative Robots Industry Overview The global collaborative robots market size was valued at USD 649.1 million in 2018 and is projected to expand at the CAGR of 44.5%, from 2019 to 2025. The collaborative robot or cobot is intended to interact with humans in a shared workspace, physically. The growing adoption in the Small and Medium…

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Interactive Whiteboard Industry Overview The global interactive whiteboard market size was valued at USD 1.6 billion in 2019, growing at a CAGR of 7.6% from 2020 to 2027. Rising adoption of advanced learning methods is one of the key factors positively affecting the interactive whiteboard (IWB) usage. Additionally, demand for gamification and digital classrooms, coupled…

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Location Intelligence Industry Overview The global location intelligence market size was valued at USD 14.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.6% from 2022 to 2030. The market for location intelligence is primarily driven by the increasing investments in the Internet of Things (IoT) and…

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Point Of Sale Software Industry Overview The global point of sale software market size was valued at USD 9.26 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 9.5% from 2021 to 2028. The COVID-19 pandemic negatively affected several business sectors including retail, restaurant, travel, and entertainment, subsequently affecting…

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Multi-access Edge Computing Industry Overview The global multi-access edge computing market size was valued at USD 1.56 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) exceeding 42% from 2021 to 2028. The growing adoption of IoT devices across several industries is expected to drive market growth. The need for…

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Human Resource Management Industry Overview The global human resource management market size was valued at USD 17.56 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 12.2% from 2021 to 2028. The continued digitization and automation of HR operations to create effective and agile reskilling strategies is expected to…

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China Testing, Inspection, And Certification Industry Overview The China testing, inspection, and certification market size was valued at USD 40.24 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. Increasing foreign investments are expected to drive the growth. In an attempt to achieve progressive…

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Enterprise Search Industry Overview The global enterprise search market is expected to reach USD 8.90 billion by 2024, according to a new study by Grand View Research, Inc. The increasing demand for time-saving data search solutions is expected to be the key growth factor for the enterprise search market. The increasing data volumes sourced from different gateways in…

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