All Blogs

Escalating Demand for Display Technology Support the Global Photoresist Market

Date: 15, September 2021 | Category: Telecom & IT

The global photoresist market is expected to record a value of US$3.89 billion in 2025, progressing at a CAGR of 4.76%, over the period 2021-2025. Factors such as growing population, increasing penetration of smartphones, accelerating shipments of silicon wafers, rising demand for consumer electronics and surging popularity of wearable devices would drive the growth of the market. However, ..

Popularity of Online Videos Support China Short Video & Live Streaming Market

Date: 21, May 2021 | Category: Telecom & IT

China short video market is expected to record a value of US$134.30 billion in 2025, growing at a CAGR of 33.46% for the period spanning 2021-2025. Further, China live streaming market is anticipated to reach US$76.42 billion in 2025, experiencing growth at a CAGR of 35.29% during the period spanning from 2021 to 2025. Factors such as increasing population, growing adoption of smartphones, surg ..

Rising Adoption of Cloud Computing to Drive the German IT Market

Date: 10, April 2021 | Category: Telecom & IT

The German IT market is expected to record a value of US$129.0 billion in 2025, growing at a CAGR of 3.09%, for the time period of 2021-2025. The factors such as growth in cloud computing services, upsurge in information and communication technology (ICT) security, escalating demand for big data, growing penetration of internet, growth in number software and IT services companies and rapid urba ..

Mounting Penetration of Internet Users Support the South Korea E-Commerce Market

Date: 8, April 2021 | Category: Telecom & IT

South Korea’s e-commerce market is predicted to reach US$325.12 billion in 2025, progressing at a CAGR of 19.92%, over the period 2021-2025. The factors such as mounting penetration of internet users, introduction of AI in retail, expanding urbanization, escalating trend of online advertising and growing usage of smartphones would drive the growth of the market. However, the market growth wou ..

Need for Managing Social Media Accounts Supports Social Media Management Software Market

Date: 13, January 2021 | Category: Telecom & IT

The global social media management software market is anticipated to reach US$5.78 billion in 2024, escalating at a CAGR of 14.52% during the period spanning 2020-2024. Factors such as increasing adoption of social media, expanding urbanization, growing usage of mobile devices, accelerating growth of BFSI sector and rising trend of social media advertising are expected to drive the market. Howe ..

Increasing Use of DTH and VOD Services Strengthens Demand for Satellite Industry

Date: 6, November 2020 | Category: Telecom & IT

The global satellite industry is expected to reach US$508.0 billion in 2024, at a CAGR of 6.51%, for the duration spanning 2020-2024. Factors such as growing number of active satellites, rising penetration of pay TV, expanding coverage of 4G connectivity, increasing usage of the internet, and rapid urbanization would drive the growth of the market. However, the market growth would be challenged ..

Social Distancing Measures to Drive Growth of Learning Management Systems

Date: 18, August 2020 | Category: Telecom & IT

The global learning management system market is expected to reach US$26.04 billion in 2019, growing at a CAGR of 20.31%, for the duration spanning 2020-2024. The factors such as proliferation of e-learning, increasing number of smartphone users, expansion of public cloud computing, rising usage of internet and demand for Bring Your Own device (BROD) would drive the growth of the market. However ..

Increasing E-commerce Sales Driving the Online Grocery Market

Date: 10, August 2020 | Category: Telecom & IT

The global online grocery market is estimated to reach US$663.33 billion in 2024, growing at a CAGR of 25.02% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, rising number of smartphone users, adoption of internet based devices, rising penetration among millennial population, growing e-commerce and evolving technology are expected to drive ..

Rising Trend of Connected IoT Devices Support the Global Video Conferencing Market

Date: 6, June 2020 | Category: Telecom & IT

The global video conferencing market is expected to reach US$9.55 billion in 2024. The market is anticipated to witness growth at a CAGR of 9.93%, during the period spanning 2020-2024. Factors such as rising trend of connected IoT devices, surging adoption of cloud-based solutions, expanding urbanization and growing penetration of consumer electronics are expected to drive the market. The growt ..

High Demand for Quality Product Inspection Supports the Machine Vision Market

Date: 29, March 2020 | Category: Telecom & IT

The global machine vision market is expected to reach US$13.36 billion in 2024, witnessing growth at a CAGR of 6.51%, over the period 2020-2024. Factors such as surging urbanization, rising automotive production, increasing adoption of industrial robots, accelerating demand for artificial intelligence and growing popularity of smart cameras are expected to d ..