The Evolution of B2B Payments: Faster, Smarter, and More Secure

Webersnits07 Feb, 2025News

The B2B Digital Payment Market size is projected to grow from USD 4.2 billion in 2023 to USD 8.2 billion by 2028, at a CAGR of 14.3% during the forecast period, according to MarketsandMarkets. The growth of the fintech sector has introduced innovative payment solutions, such as digital wallets, blockchain-based payments, and peer-to-peer platforms. These innovations have contributed to the diversification of B2B digital payment options.

Unlocking Transparency: Digital Product Passports and the Circular Economy

Webersnits07 Feb, 2025News

The Digital Product Passport Market is slated to expand from USD 185.9 million in 2024 to USD 1,780.5 million by the year 2030 at an impressive CAGR of 45.7% over the forecast period, according to a new report by MarketsandMarkets™. The combination of regulatory pressure, technological readiness, and increasing consumer expectations is driving Digital Product Passport (DPP) market growth, establishing DPPs as foundational elements of sustainability and circular economy strategies across various industries. Industry frontrunners like Tommy Hilfiger and Holz Weiler are implementing DPPs to fulfill consumer preferences for ethically sourced and sustainable products, especially in the fashion sector.

Real-Time Decision-Making: How Geospatial Analytics Powers Smart Cities

Webersnits07 Feb, 2025News

The Geospatial Analytics Market size is expected to grow significantly from a value of USD 32.97 billion to a value of USD 55.75 billion by 2029 with an increase in the compound annual growth rate (CAGR) of 11.1% during the forecast period, according to a new report by MarketsandMarkets™. The growing use of location-based services across industries, improvements in geographic information system (GIS) technologies, and rising need for real-time data visualization are propelling the Geospatial Analytics Market. Factors such as expansion of smart cities, integration of AI and IoT with geospatial data, and the growing need for disaster management and urban planning systems further drive the growth of the market.

From Data to Decisions: AI, IoT & Cloud in Property Management

Webersnits07 Feb, 2025News

The Property Management Market is expected to reach USD 42.78 billion by 2030 from USD 26.49 billion in 2024, at a CAGR of 8.3% during 2024–2030, according to a new report by MarketsandMarkets™. The Property Management Market is gaining traction due to the benefits it offers to real estate businesses and property managers. Property management software manages the complexities of handling various property types, such as residential, commercial, industrial, government, and military, and offers a solution to streamline the overall process from property maintenance to lease management, marketing, and operations.

Future-Proofing Innovation: Blockchain and AI as the New Game Changers

Webersnits07 Feb, 2025News

The global innovation management market size is projected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.8%. Blockchain’s enhanced security and transparency fortify data protection in innovation management, luring organizations seeking secure idea-sharing platforms. Additionally, smart contracts and tokenization streamline incentive systems, promoting collaboration, while blockchain’s cross-industry applications fuel demand for innovative solutions, driving growth of innovation management market.

Security Automation Market to Hit $16.7B by 2028: AI & ML Leading the Charge

Webersnits07 Feb, 2025News

The global Security Automation Market size is anticipated to grow at a CAGR of 13.4% during the forecast period, from USD 8.9 billion in 2023 to USD 16.7 billion by 2028, according to a new report by MarketsandMarkets™. Due to various business drivers, the security automation market is expected to grow significantly during the forecast period. The market is experiencing significant growth as rising cybersecurity threats and complexity, growing ability to detect and respond to security incidents in real-time. The increasing incidents of phishing emails and ransomware, and need to ensure consistent adherence to security policies and facilitate audit trails is also responsible for driving the market’s growth.

Cloud-Powered CX: Market to Reach $20.4B by 2028 as Innovation Accelerates

Webersnits07 Feb, 2025News

Customer Experience Management Market by Offering (Solutions, Services), Touchpoint, Deployment Type, Organization Size, Vertical (Travel & Hospitality, BFSI, Retail, Healthcare, IT & Telecom) and Region - Global Forecast to 2028. The global customer experience management market is valued at USD 11.4 billion in 2023 and is expected to grow to USD 20.4 billion by 2028, registering a CAGR of 12.2% during the forecast period. The increasing need for personalized and seamless customer interactions is a key factor driving market growth.

AI, Automation, and Compliance: The $15.1B Future of Core HR Software

Webersnits07 Feb, 2025News

The global Core HR Software Market size is expected to grow from USD 10.7 billion in 2023 to USD 15.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period, during the forecast period, according to a new report by MarketsandMarkets™. The need for a centralized repository for employee information to access and manage employee records in real time drives the growth of the core HR software market.

Next-Gen Travel: How AI is Enhancing Every Step of the Journey

Webersnits06 Feb, 2025News

The AI in Tourism Market is expected to reach USD 13.38 billion by 2030 from USD 2.95 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 28.7 % from 2024–2030, according to a new report by MarketsandMarkets™. AI-based security systems are the key enablers that are helping improve the safety levels inside the tourism industry. Advanced technological factors such as facial recognition, biometric authentication, and AI-based surveillance systems are implemented in airports, hotels, and travel destinations to make the security process much more streamlined while detecting threats in real-time. Facial recognition at check-in points or border crossing accelerates the process of identity verification, making more efficient than usual operations while saving time.

Beyond Big Data: How AI-Driven Customer Data Platforms Enhance Customer Journeys

Webersnits06 Feb, 2025News

The Customer Data Platform Market is projected to grow from USD 5.1 billion in 2023 and USD 7.4 billion in 2024 to USD 28.2 billion by 2028, at a compound annual growth rate (CAGR) of 39.9% during the forecast period (2024-2028), according to a new report by MarketsandMarkets™. The Customer Data Platform (CDP) market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing data volume and complexity, growing regulatory compliance requirements, shift toward data-driven marketing and advertising, and changing landscape of customer intelligence. The need to deliver omnichannel experience, and proliferation of customer channels is also responsible for driving the market's growth.

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