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Jakson25810 Mar, 2025Technology
The Video Streaming Software Market is expected to grow from USD 13.3 billion by 2024 to USD 29.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. The increasing demand for OTT services for entertainment is fueling the growth of the video streaming software market.
Jakson25805 Mar, 2025Technology
The AI API Market is expected to reach USD 179.14 billion by 2030 from USD 44.41 billion in 2025, at a CAGR of 32.2% during 2025–2030, according to a new report by MarketsandMarkets™. Integrating GraphQL and asynchronous processing into AI APIs significantly enhances their efficiency by optimizing data fetching and reducing network overhead. GraphQL empowers clients to request only the necessary data, thereby minimizing the over-fetching and under-fetching issues prevalent in traditional REST APIs.
Jakson25805 Mar, 2025Technology
The Cloud-based Contact Center Market is projected to grow from USD 26.2 billion in 2024 to USD 86.4 billion by 2029, at a compound annual growth rate (CAGR) of 26.9% during the forecast period, according to a new report by MarketsandMarkets™. The Cloud-based Contact Center Market is expected to grow significantly during the forecast period, owing to various business drivers like rising requirement for customized and streamlined engagements, increasing significance of social media in contact center operations, sustained adoption of cloud technology in contact center infrastructure, and rapid rise in the implementation of next-gen contact center technologies.
Jakson25805 Mar, 2025Technology
The in-building wireless market is projected to grow from USD 20.0 billion in 2024 to USD 35.5 billion by 2029 at a CAGR of 12.1% during the forecast period. Strategic alliances among telecom operators, technology vendors, and building owners facilitate deploying in-building wireless solutions to meet evolving demands.
Jakson25805 Mar, 2025Technology
The Edge computing market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 13.0% from USD 60.0 billion in 2024 to USD 110.6 billion in 2029 throughout the forecast period. Enhanced data security, lower latency, higher bandwidth gains across verticals, organizations, and regions globally, and higher adoption of digital transformation initiatives are expected to drive the growth of the global Edge computing market.
Jakson25804 Mar, 2025Technology
The global Large Language Model market is projected to register a CAGR of 33.2% during the forecast period, reaching USD 36.1 billion by 2030 from an estimated USD 6.4 billion in 2024. The growth of large language model solutions is propelled by a convergence of factors. These include growing availability of large datasets, advancements in deep learning algorithms and rising demand for automated content creation and curation.
Jakson25804 Mar, 2025Technology
The contact center software market is expected to expand from USD 41.9 billion in 2023 to USD 109.7 billion by 2028, registering a CAGR of 21.2% during the forecast period. Factors driving this growth include the increasing adoption of advanced contact center technologies, the focus on improving customer experience, the rise of omnichannel communication strategies, and the need to address challenges such as attrition and absenteeism.
Jakson25825 Feb, 2025Technology
The global cloud data security market was valued at USD 4.4 billion in 2022 and is expected to grow to USD 9.1 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 15.5% over the forecast period. The rising incidence of cyber thefts worldwide and the increasing adoption of cloud services by businesses are the primary factors fueling market growth.
Jakson25824 Feb, 2025Technology
The global Customer Intelligence Platform Market size is poised to grow from $1.9 billion in 2022 to $7.0 billion by 2027 at a CAGR of 29.7% during the forecast period. The rising demand for personalized customer experiences, the shift toward data-driven marketing and advertising, and rising investments in customer intelligence platforms by large enterprises are some key factors expected to boost the market growth.
Jakson25824 Feb, 2025Technology
The project portfolio management market is projected to grow at a compound annual growth rate (CAGR) of 11.9% during the forecast period, expanding from USD 7.8 billion in 2024 to USD 13.7 billion by 2029. This growth is driven by the increasing demand for improved project visibility, resource optimization, and enhanced decision-making. The market benefits from platforms that offer centralized visibility, enabling efficient governance of multiple projects simultaneously.
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