Speech-to-text API Market worth $5.4 billion by 2026, growing at a CAGR of 19.2%

Sanket Gi08 Jul, 2025Technology

The innovation in speech-to-text solutions for temporarily and permanently disabled students and the growing inclination toward a cloud-based speech-to-text solution are the major factors adding value to the speech-to-text API offerings, which is expected to provide opportunities for enterprises operating in various verticals in the Speech-to-text API Market. Cloud adoption is said to have increased in recent times because vendors are making use of Software-as-a-Service (SaaS) to deliver cloud-based solutions.

Telecom Service Assurance Market worth $10.4 billion by 2026

Sanket Gi08 Jul, 2025Technology

The presence of various key players in the ecosystem has led to competitive and diverse market. Automation appears to be crucial for CSPs who engage in digital transformation, including 5G, enabled by Software Defined Networking (SDN) and Network Functions Virtualization (NFV). To avoid customer churn and financial implications, it is required to detect and remediate network or performance issues not only at the network operations level but also at service and customer satisfaction levels.

Security as a Service Market worth $23.8 billion by 2026, growing at a CAGR of 13.8%

Sanket Gi08 Jul, 2025Technology

The key growth driver of the Security as a Service Market are mandates to follow regulatory and data protection laws, increase in demand for cloud-based security solutions among SMEs, and high cost and risks in managing on-premises security solutions.

Voice Assistant Application Market worth $11.2 billion by 2026, growing at a CAGR of 32.4%

Sanket Gi08 Jul, 2025Technology

Major factors driving the growth of the Voice Assistant Application Market include advancements in voice-based AI technologies, rising adoption of voice-enabled devices, increasing focus on customer engagement, and emergence of low-code platforms for voice assistant applications.

Voice Assistant Application Market worth $11.2 billion by 2026, growing at a CAGR of 32.4%

Sanket Gi08 Jul, 2025Technology

Major factors driving the growth of the Voice Assistant Application Market include advancements in voice-based AI technologies, rising adoption of voice-enabled devices, increasing focus on customer engagement, and emergence of low-code platforms for voice assistant applications.

Education ERP Market worth $25.2 billion by 2026

Sanket Gi07 Jul, 2025Technology

The Education ERP Market is gaining traction due to availability of cloud-based ERP solutions, need of automated management to carry out business processes in academic institutions, enhanced performance of administrative modules increasing the need for managing academic processes, and rising enrollments in the higher education sector.

Digital Banking Platforms Market Size, Share, Latest Technology, Industry Trends Analysis

Sanket Gi07 Jul, 2025Technology

The digital banking platforms market is gaining traction due to the increasing adoption of smartphones is contributing to the growth of the digital banking platforms market. Countries such as India, Indonesia, South Africa, and China have seen high growth in smartphone sales in the last few years. According to the GSM Association (GSMA) Mobile Economy 2020 report, there will be 7.1 billion smartphone connections by 2025 from 5.2 billion in 2019. The adoption rate would increase from 65% to 80% by 2025.

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