The global IoT in healthcare market is expected to grow from $106.17 billion in 2022 to $329.68 billion by 2028 at a CAGR of 20.78%, according to a new report by Stratview Research. The growth of the market is attributed to the increasing demand for wearable devices, outdated infrastructure in the healthcare industry, and government initiatives to promote digital health.
Key Drivers of the...
Stratview Research delivers key insights on the AI in Telecommunication Market. According to Stratview Research, the market is segmented By Component Type (Solution, Service), Deployment Model (On-Premise, Cloud), Technology Type (Machine Learning, Natural Language Processing (NLP), Data Analytics), Application Type (Customer Analytics, Network Security,...
Mobile payment technologies allow consumers to make payments for goods and services using their smartphones, tablets, or other portable electronic devices. This rapidly growing mobile payment technologies market is expected to reach $307.71 billion by 2028, at a CAGR of 22.20% during the forecast period.
Key drivers of market growth
A number of key factors are driving the growth of the mobile...
Data analytics is the process of collecting, cleaning, and analyzing data to extract meaningful insights. The testing, inspection, and certification (TIC) market is estimated to grow from USD 217.78 billion in 2022 and is likely to grow at a CAGR of 4.02% during 2023-2028 to reach USD 275.83 billion by 2028. It has become increasingly important in the Testing,...
The optical character recognition market is estimated to grow from USD 11.65 billion in 2022 to USD 27.16 billion by 2028 at a CAGR of 15.10% during the forecast period.
What is optical character recognition?
Optical character recognition (OCR) also referred to as Optical Character Reader, is a system that offers a full alphanumeric...
The unified communications market is rapidly evolving & is estimated to grow from USD 98.59 billion in 2022 to USD 269.52 billion by 2028 at a CAGR of 18% during the forecast period., driven by the increasing adoption of cloud-based solutions, the rise of remote and hybrid work, and the need for more seamless and integrated communication and...
Stratview Research delivers key insights on the Cloud security Market. According to Stratview Research, the market is segmented by Application (Financial Services, IT and telecom, Government, Education, Healthcare, Media, and entertainment, Others), Deployment (Public, Private, Hybrid), Organization Size (Small and Medium Enterprise (SME), Large enterprise)...
The artificial intelligence in retail market is estimated to grow from USD 5.79 billion in 2022 to USD 20.46 billion by 2028 at a CAGR of 23.20% during the forecast period. While AI offers many benefits for retailers, there are also a number of challenges associated with its implementation. Here are some of the key challenges:
1. Cost
AI can be...
Airless packaging is a type of packaging that prevents the product from coming into contact with air. This is done by using a vacuum or other method to create a barrier between the product and the outside world. The airless packaging market is estimated to grow from USD 4.8 billion in 2022 to USD 6.84 billion by 2028 at a CAGR of 6.10% during the forecast...
The Anti-Money Laundering (AML) software market has witnessed remarkable growth over the past decade, driven by the increasing sophistication of financial crimes and stringent regulatory requirements. The anti-money laundering software market is estimated to grow from USD 2.55 billion in 2022 to USD 5.39 billion by 2028 at a CAGR of 13.20% during the forecast period.
However, the...
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