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Showing posts with the label Information and Communication Technology

Fleet Management Market Is Experiencing High Growth Due To Increasing Focus On Operational Efficiency

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  Fleet Management Market Fleet management involves vehicle tracking and optimization to reduce operating costs and improve driver behavior. It provides real-time insights on vehicle location, fuel usage, speed, mileage and other parameters. Colecting and analyzing such operational data helps companies better allocate resources, enhance compliance and reduce downtime of vehicles. The global fleet management market offers a host of solutions including vehicle tracking, driver management, fuel management and remote diagnostics. These solutions leverage technologies such as global positioning system (GPS), geographic information system (GIS), and cloud computing. The Global Fleet Management Market is estimated to be valued at US$ 11.89 Bn in 2024 and is expected to exhibit a CAGR of 19.% over the forecast period 2024 To 2031. Fleet management provides a comprehensive set of tools that help transport and logistics companies maximize productivity and minimize operational expenditures. ...

Multiservice Provisioning Platform Market Poised to Grow at a Robust Pace Owing to Increasing Demand

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  Multiservice Provisioning Platform Market Market Overview The multiservice provisioning platform market allows operators to deliver a variety of telecommunication services such as voice, data, and multimedia over a single network infrastructure. The platform enables service providers to seamlessly roll out new converged data, voice and multimedia services for residential and business customers. It offers a simplified and automated approach for adding new connection types and innovative service bundles. Leveraging software-defined networking and virtualization technologies, multiservice provisioning platforms help operators maximize resource utilization, simplify operations and improve time-to-market for new services.   Global multiservice provisioning platform market is estimated to be valued at  USD 47.83 Bn in 2024  and is expected to reach  USD 65.27 Bn by 2031 , exhibiting a compound annual growth rate  (CAGR) of 4.5% from 2024 to 2031. Key T...

Trade Management Software Market is Anticipated to Witness High Growth Owing to Increased Cross-Border Trade Activity

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  Trade Management Software Market Trade management software enables businesses to streamline the import and export trade processes, including customs management, global logistics and transportation management, trade compliance, trade finance and more. The software allows companies to digitally manage critical trade activities such as customs clearance, tariff and duty management, trade agreements, export controls and restrictions. It helps optimize trade operations, reduce costs and ensures compliance with global trade regulations. With the increasing globalization resulting in rising volumes of international trade transactions, there is a growing need for effective digital tools to efficiently manage complex cross-border trade activities. The Global Trade Management Software Market is estimated to be valued at US$ 5.06 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Trade Management Software...

HVAC Cables Market Poised to Witness Strong Growth Owing to Rising Demand

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  HVAC Cables Market  The global HVAC cables market is anticipated to witness robust growth owing to expanding construction sector. HVAC cables are used for wiring systems that control the environment inside a building through heating, ventilation, and air conditioning. They are employed in electrical appliances such as air conditioners, heat pumps, furnaces and other related ventilation and air handling equipment. HVAC cables provide transmitting power supply for various components of HVAC systems like blowers, compressors and thermostats. Growing need for temperature and climate control solutions in residential, commercial and industrial spaces has spurred the demand for HVAC equipment and associated cables. Recovery of global construction industry from pandemic induced slowdown has strengthened cable requirements. Moreover, stringent government regulations regarding energy efficiency and indoor air quality have boosted adoption of advanced HVAC technologies further augmenti...

End User Computing is Anticipated to Witness High Growth Owing to Increasing Adoption of Cloud

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  End User Computing Market End user computing involves providing desktop solutions and computing resources to facilitate work processes for employees working remotely or in offices. This includes devices such as desktops, laptops, thin clients and zero clients, which enable access to applications and data hosted on remote servers and cloud-based infrastructure. The end user computing market has witnessed steady growth over the years driven by increasing demand for secured and centralized solutions. The global shift towards remote and hybrid working models accelerated by the COVID-19 pandemic has led to an increased demand for cloud and virtual desktop infrastructure. The Global End User Computing Market is estimated to be valued at US$ 27.13 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031. Key technologies transforming the end user computing market include virtual desktop infrastructure (VDI), desktop-as-a-service (DaaS), hosted virtua...

Managed Print Services Market is Transforming Workplace Printing Culture by Digitalization

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  Managed Print Services Market The managed print services (MPS) market refers to ongoing management and optimization of printing devices and consumables by third-party providers. MPS offers advantages like reduced infrastructure costs, improved security and control over document usage. It enables organizations to focus on core business activities while an MPS provider handles procurement, deployment and maintenance of multi-function printers, toner, parts and service. As remote work models expanded during the pandemic, MPS solutions enabled secure scanning and printing from anywhere via cloud-based platforms. The Global Managed Print Services Market is estimated to be valued at US$ 52.63 Mn in 2024 and is expected to exhibit a CAGR of 6.7% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the managed print services market are DIC CORPORATION, Solvay S.A., Lion Idemitsu Composites Co., Ltd, Toray Industries, Inc., Tosoh Corporation, SK chemicals, Ch...

Architectural Services Market to Flourish at a CAGR of 5.4% by 2031

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  Architectural Services Market Market Overview Architectural services refer to designing and planning services for residential and commercial structures. Architects not only design the physical structure but also plan out its spatial layout, mechanical and electrical systems, construction materials, and overall aesthetics. Some key aspects of architectural services include site planning, building design, project management, construction documentation, and interior design. Architectural design provides important benefits such as compliance with building codes, energy efficiency,optimized functioning, and aesthetics aligned with the client's vision. The demand for architectural services arises from the need for beautifully designed, functionally efficient, and eco-friendly structures across residential, commercial, institutional and industrial sectors. The global architectural services market size is estimated to be valued at US$ 559.61 Billion in 2024 and is expected to exhibit a...

Knowledge Process Outsourcing Market is Anticipated to Witness High Growth Owing to Rising Demand

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  Knowledge Process Outsourcing Market  The knowledge process outsourcing market involves the outsourcing of knowledge-based work or work that requires analytical and critical thinking skills and technical expertise. This includes research and development, analytics and consulting, publishing, information research, and content development. The knowledge process outsourcing helps companies improve their operational efficiency while focusing on their core competencies. The growing need to analyze data and gain insights is driving several companies to outsource these tasks to KPO vendors. The global knowledge process outsourcing market is estimated to be valued at US$ 88.12 billion in 2024 and is expected to exhibit a CAGR of 16% over the forecast period of 2024 to 2031.   Rising adoption of analytics and automation tools is anticipated to boost market growth. The increasing digital transformation initiatives worldwide are also propelling the demand for knowledge proce...

Scaffolding Accessories Market Poised to Grow at a Robust Pace owing to Rising Construction Projects

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  Scaffolding Accessories Market The Scaffolding Accessories market is anticipated to witness high growth owing to rising construction projects. Scaffolding accessories are products used along with scaffoldings to ensure safety and efficiency in construction work. Some common scaffolding accessories are guardrails, handrails, scaffold boards, toe boards and connectors. They are extensively used in residential and commercial construction for activities like repairs, maintenance and new building works. The growing urbanization and infrastructure development is fueling the demand for scaffolding accessories globally. The Global Scaffolding Accessories Market is estimated to be valued at US$ 1.68 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.   Scaffolding is an essential part of the construction process for tasks like building maintenance and new structure erection. Rapid growth of the construction industry driven by increasing h...

Competitive Intelligence Tools Market is Anticipated to Witness High Growth Owing to Increased Adoption

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  Competitive Intelligence Tools Market The competitive intelligence tools market enables organizations to gain competitive insights through the analysis of publicly available online data to identify threats and opportunities. Competitive intelligence tools provide market intelligence data, which helps companies strategize effective marketing campaigns, enhance customer experience, devise differential product offerings, and identify potential business partners and competitors. The tools offer a range of features including company profiling, industry analysis, monitoring of competing brands, market trends, and pricing analysis. Advantages include accelerated decision making, improved risk management, enhanced planning and forecasting capabilities, and identification of emerging competitors. The global competitive intelligence tools market is estimated to be valued at US$ 984.23 million in 2024 and is expected to exhibit a CAGR of 12% over the forecast period of 2024 to 2031. Inc...

Animation and VFX Market is Anticipated to Witness High Growth Owing to Growing Entertainment Industry

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  Animation and VFX Market The animation and VFX market covers animation and visual effects services for filmmaking and gaming. Animation refers to the art of motion pictures and graphical simulation of characters and objects to create the illusion of motion. Visual effects (VFX) are the various visual imagery elements created or manipulated outside the camera to appear during principal photography or added in post-production of films, television programs, commercials, music videos, and other visual media. The growing entertainment industry, primarily films and gaming, is driving substantial demand for animation and VFX services. Emerging technologies like 3D animation and virtual production are creating new opportunities in the market.   The Global animation and VFX Market is estimated to be valued at US$ 250.06 Mn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the animation and VFX market ...