Rising Adoption of IoT and Cloud Platforms to Boost the Growth of Digital Transforming Market in the Coming Years

Digital transformation has been impacting the world and people in every walk of life. New digital technologies are being introduced at a remarkable rate and have changed the way we live and function every day. They are increasingly transforming the business models, value chains, and ecosystem of organizations as well as changing the way they interact with customer via online platforms, social media...

Growing use of Social Media across the Globe to Boost the Growth of Bot Services Market in the Coming Years

With the advent of technology, businesses are nowadays adopting bot services for enhanced customer experience. Bot services help enterprises to connect with users on various channels in order to resolve customer queries and offer enhanced customer support. Due to the deployment of bots on websites, contact centers, social media platforms, and mobile apps, business scenarios have witnessed a lot of...

APAC Project Portfolio Management Market to Attain High Growth in the Years to Come

Growing adoption of cloud-based services and rise in automation and digitalization activities in industries such as healthcare, BFSI, retail & consumer goods, government, ITES and telecom, and manufacturing has increased the need for more productivity and efficiency. This has in turn encouraged the adoption of project portfolio management software and services. Moreover, the need to provide real-time...

Growing Threats and Cyber-Attacks to Trigger the Growth of Anomaly Detection Market in the Coming Years

Anomaly detection enables enterprises to detect and identify unusual patterns or events in data, which do not fit an expected pattern or behavior of a dataset. This unusual pattern of the stream of data act as possible threats that may impact the business services and security infrastructure, thus allowing for rectifications before any damage is done. It mainly finds usage in verticals like BFSI, retail,...

Legal Analytics Market Set for a Huge Growth in the Coming Years due to High Adoption in Law Firms

Legal analytics is redefining the future of legal practice, thereby assisting decision-makers and strategist in effective decision-making. It helps in analyzing the history and behavior of clients, prospects, and other insights, thanks to the booming technologies like Big Data and artificial intelligence. In addition, data-driven decision-making that is calling for a rise in demand for automation in...

Increased Adoption of Cloud Leading Cloud Engineering Market to Witness Huge Growth in the Coming Years

Cloud computing has become an integral aspect of any enterprise nowadays. Engineering in the cloud brings about a systematic approach that addresses the concerns of commercialization, standardization, and manages cloud applications. It mainly focuses on cloud services, such as Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service SaaS service. Rising adoption rate...

Good Opportunities for Vendors in Spend Analytics Market as the Demand is likely to Increase in the Coming Years

Spend analytics has become a vital and a powerful asset for procurement departments that helps in strategic planning and evaluating total expenditure on products, services, and other commodities, thereby improving the overall business scenario by decreasing the procurement costs and enhancing efficiency. Spend analysis tools are increasingly becoming available in the market, thus easing and speeding...

APAC to be a Key Market for Sandboxing due to the Rising Number of Cyber-Attacks in the Enterprises

Sandboxing is security software that helps enterprises to detect malware codes in a virtual environment, thereby preventing malicious programs from damaging the rest of the programs on system. Sandboxing solutions and services basically protect networks, endpoints, and devices from different malicious and advanced cyber-attacks. It further helps the public and private organizations in preventing security...

High Growth for Clickstream Analytics Market Predicted in the Coming Years

Clickstream analytics solutions let the business users access clickstream data volumes and analyze them to get insights even though they lack data science and analytical skills. Clickstream data helps in gaining valuable information regarding the online behavior of the customers, enabling them to optimize their business with better pricing strategies and remain competitive in the market. The global...

Hyperscale Data Center Market to be Majorly Driven by the Rising Data Center Traffic in the Coming Years

With the rising adoption of cloud computing, the need for more storage space has also increased. Cloud companies actively investing in hyperscale data centers have largely influenced the business model for server makers. Hyperscale data center finds usage in various applications in industries like IT & telecom, BFSI, government utilities, healthcare, energy, and manufacturing, among others. The...