ICT & Software

The Global Blockchain technology market size was estimated at USD 4.98 billion in 2022 and is extending to around USD 2,442.46 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 88.7% during the forecast period 2023 to 2032. Key Takeaways: By type, the public cloud segment has held 61% of the total revenue share in 2022. By components, the infrastructure & protocols segment accounted for 63% of revenue share in 2022.  By applications, the payments segment contributed 45% of the total revenue share in 2022. By enterprise size, the large enterprises segment held 68.5% revenue share in 2022. By end use, the financial services segment has reached a 39% market share in 2022. The North America region accounted for 38% market share in 2022. Shared Blockchain is an immutable, shared ledger that makes it easier to record transactions and manage assets in...

Author Name : Report Hive Research

Generative AI According to Report Hive Research is projected to expand with a growth of $1.4 trillion over the next 10 years from a market size of $46 billion in 2023 due to the influx of consumer generative AI programs like Google's Bard and OpenAI's ChatGPT.  Click Here to Get a Free Sample Report The Generative AI Market 2023The growth of the generative AI market is being driven by the increasing demand for new content, such as images, text, and music. Generative AI can also be used to improve existing products and services, such as customer service chatbots and personalized marketing campaigns. Growth may accelerate at a CAGR of 44%, propelled initially by training infrastructure and subsequently by large language models (LLMs), digital advertisements, specialised software, and services in the medium- to long-term. Additionally, growing demand for generative AI solutions mig...

Author Name : Report Hive Research

Predictive maintenance is a technique that helps analyze and determine the condition of any piece of equipment in real-time. So using this technique it ensures to efficiently estimate the maintenance performance timeframe, and thus it effectively saves time and money for the industries. Predictive maintenance works by detecting failure patterns by identifying when they occur, and enables the responsible person to take preventive measures before the equipment malfunctions. Therefore, this solution acts as a very effective tool for industries in almost every vertical, which has been driving the Industrial Predictive Maintenance Market growth.This novel approach has several advantages ranging from saving the precious production time to the costs associated with major equipment parts. In addition, predictive maintenance techniques minimize the overall time for maintena...

Author Name : Report Hive Research

Air purifiers are devices that help remove contaminants from indoor air to improve air quality. ever-increasing pollution levels in the cities coupled with the rising consumer demand for energy-efficient air purifiers will primarily drive the household air purifier market growth. Manufacturers across the world are consistently improving the air purifier tech for making it energy efficient. Hence, the air purifiers that use less power than traditional air purifiers and resultantly save energy costs are in high demand. The growing penetration of technologically enhanced and energy-saving air purifiers is estimated to boost the household air purifier market outlook in the coming years. And for this, the global vendors are introducing advanced materials into household air purifiers to increase the overall efficiency. For instance, there is a growing demand for residential air purifiers with HE...

Author Name : Report Hive Research

 HALE is an aircraft vehicle that can perform large-scale surveys of geographic areas with high accuracy and provide real-time information on military, defense, surveillance, and other civilian tasks. The High Altitude Pseudo-Satellite (HAPS) can be considered an extended version of HALE. HAPS is designed to operate at very high altitudes. Although installed at 30,000 feet above the Earth, HALE can reach up to 65,000 feet above the Earth's surface. In addition to the capability of directly replacing a satellite, HALE and HAPS can be modified several times for requirements, which is not at all possible with geosynchronous satellites, thereby driving the High Altitude Long Endurance (Pseudo Satellite) Market growth in the years to come. Furthermore, in order to control the function of the geostationary satellite, the operator must, in this case, b...

Author Name : Report Hive Research

The key drivers in the gift cards industry are product innovation, increased adoption in the retail industry, expanded application areas among end-users, and high smartphone adoption rates. Moreover, the proliferating e-commerce and m-commerce industry have been also supporting the global Gift Cards Market growth from the last decade. The following are some of the major trends that will influence gift cards market demand in the years to come. Increasing use of gift cards as promotional tools One of the key strategies of market players involves the use of gift cards as a promotional tool for the company. In addition, they are engaged in partnerships with other companies to offer their products with gift cards. This strategy has helped companies increase sales in terms of volume.The demand for gift cards in the corporate sector is increasing significantly across the world. Com...

Author Name : Report Hive Research

The rise of e-commerce has significantly transformed the retail sector, especially with the introduction of online platforms for purchasing goods. Not limited to the end-users, even retailers are increasingly buying goods online from the wholesalers because of the convenience and cost-effectiveness provided by the online platforms. With this aspect, retailers are seen embracing e-commerce platforms to enhance their customers' shopping experiences, which has also increased their business visibility allowing them to reach remote customers regardless of the regional barriers.  Besides, product integration provides a seamless consumer experience by diminishing the barrier between online and offline retail channels. Apart from enhancing the overall consumer experience, these platforms include a host of analytical features for the retailers that allows tracing the availability of goods and revenue generation on the go. Thereby meeting all the business requirements through ...

Author Name : Report Hive Research

The growing popularity of digitalization and a rising shift toward cloud technology are primarily driving the cybersecurity software market growth. In addition, the major factors such as increasing malware and phishing threats, rising penetration of the IoT & BYOD trends across the organizations projected to boost the Cybersecurity Software Market outlook in the upcoming future. Also, the cybersecurity activities are now kept on the topmost priority as similar to strategic business activities for minimizing the threats to IT resources which ultimately fuels the cybersecurity software market demand. Moreover, the increasing demand for deploying strong authentication technologies across all size organizations is also expected to have a positive impact on business growth.The following are some of the top impacting factors project...

Author Name : Report Hive Research

Product Lifecycle Management (PLM) is a process or system used to manage the real-time product status through its entire lifecycle from product design to manufacturing and disposal. PLM helps you manage the entire product lifecycle efficiently and cost-effectively which has been the key reason driving its adoption across several industry verticals.Nowadays, manufacturers are increasingly required to share product data with stakeholders inside and outside the organization that includes critical information related to engineering, operations, quality, procurement, and marketing. And here is where the PLM comes handy to the manufacturers, as it ensures better co-ordination in the organization by allowing the corresponding teams to track and regulate product changes. Traditional or on-premises PLM solutions are not always cost-effective, especially for small and medium businesses (SMEs) as these sizes of enterprises generally appear reluctant to invest heavily in PLM deployment...

Author Name : Report Hive Research

Appointment scheduling software is designed to provide consumers with an advance booking or scheduling services that also allows the users to modify or rescheduled meetings or appointments as when required. Appointment Scheduling Software provides an attractive and easy-to-use portal for customers to schedule appointments and manage online meetings. This application is widely known as online booking software across many end-user industries. Appointment scheduling software offers a variety of benefits, such as scheduling meetings in advance, providing access to calendars, allowing businesses to implement rules, printing forms, and customizing meeting schedules, and reveals the upcoming meetings with an easy to use interface. Owing to the several benefits that guide entrepreneurs in the course of business growth, the Appointment Scheduling Software Market is anti...

Author Name : Report Hive Research

Report Hive Research adds a new study titled “Anti-Drone Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, applications, restraints, opportunities, and growth prospects of the global Anti-Drone Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.Market Overview:Drones with built-in cameras have provided an opportunistic way to professionals looking for aerial photography. However, with the increasing adoption of these unmanned aerial vehicles, there are growing safety concerns among governments. The increasing use of these unauthorized flying objects to spy through backyards and windows has increased the threat to national security around ...

Author Name : Report Hive Research

Report Hive Research adds a new study titled “Anatomic Pathology Laboratory Information System Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Anatomic Pathology Laboratory Information System Market forecasted from 2020 to 2025. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.Anatomic Pathology Laboratory Information System Market Overview:Anatomical pathology differs somewhat from clinical pathology, which deals with the measurement of chemical constituents of blood and other body fluids or the detection of pathogens...

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Report Hive Research adds a new study titled “Smart Outlet Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Smart Outlet Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.Market Overview:Smart outlets also known as the smart plugs get plugged into a normal electrical socket transforming it into a versatile and high-tech electrical outlet. Developing countries are projected to offer favorable growth opportunities to the smart outlet market by ensuring increased product sales in the coming years. The availability of high ...

Author Name : Report Hive Research