Latest Trends in the UK Generative AI Sector
The UK generative AI market is undergoing swift expansion, fueled by progress in machine learning and natural language processing technologies. As companies and sectors such as finance, healthcare, and entertainment embrace AI-powered solutions, the need for generative AI tools is skyrocketing. These tools are revolutionizing content creation, automating complex tasks, and enhancing decision-making...
Enterprise Content Management Market to Experience Growth to $78.4 Billion by 2029
The global enterprise content management market will grow from USD 47.6 billion in 2024 to USD 78.4 billion by 2029 at a compounded annual growth rate (CAGR) of 10.5% during the forecast period.
The increasing volume of digital content drives the enterprise content management market, and organizations must manage it efficiently. With the rapid growth of data, organizations face challenges related...
Managed Detection and Response Market 2029: A Comprehensive Analysis of Future Growth
The global Managed Detection and Response Market is estimated to be worth USD 4.1 billion in 2024 and is projected to reach USD 11.8 billion by 2029, at a CAGR of 23.5% during the forecast period. The Managed Detection and Response (MDR) market is driven by the increasing complexity of cyber threats and the necessity for businesses to maintain robust, real-time security without significant investment...
Virtual Event Platform Market worth USD 30.6 billion by 2027, at a CAGR of 19.8%
The global Virtual Event Platform Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period, to reach USD 30.6 billion in 2027 from USD 12.4 billion in 2022. Key factors driving market growth include the growing need for virtual event solutions across industry verticals, including business-to-business, business-to-consumer, and internal events, the...
Payment Gateway Market Projected to Hit $48.4 Billion by 2029
The global payment gateway market size is projected to grow from USD 26.7 billion in 2024 to USD 48.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period.
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Payment Gateway Market Dynamics:
Drivers:
Rapid Growth in E-commerce
Mobile Payment Adoption
Globalization...
Mobile Apps and Web Analytics Market: AI, Cloud, and Digital Transformation Driving $20.2 Billion Growth by 2027
The global Mobile Apps and Web Analytics market is experiencing significant growth, projected to expand from USD 9.4 billion in 2022 to USD 20.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 16.4% during this period.This surge is driven by the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies, which enhance autonomous systems and decision-making...
Consumer IAM Market Report 2024-2030, Industry Trends, Share, Size, Demand and Future Scope
The Consumer IAM Market is projected to rise from USD 12.5 billion in 2024 to USD 21.0 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. An increasing significance of strict regulatory compliance has driven the CIAM adoption rapidly. Apart from this, a high volume of online transactions requiring secure user access management is further driving significant...
OTT Market Size to Expand to $434.5 Billion by 2027
The global OTT market size is expected to grow from USD 202.5 billion in 2022 to USD 434.5 billion by 2027, at a CAGR of 16.5% during 2022–2027. Rise in demand of OTT services during lockdown, global and local players offering freemium models in price-sensitive markets, internet proliferation with penetration of smart devices, and flexibility and ease-of-use to offer seamless customer experience...
United Kingdom Artificial Intelligence Market Outlook
The UK has become a global leader in Artificial Intelligence Market, driven by a vibrant innovation, investment, and partnership ecosystem. The UK hosts several of the world’s top AI research centers, featuring leading universities and tech companies driving innovations in machine learning, natural language processing, and robotics. AI technologies are transforming various sectors, such as healthcare,...
Location-based Services (LBS) and Real-Time Location Systems (RTLS) Market Size, 2028
The Location-based Services (LBS) and Real-Time Location Systems (RTLS) Market size is projected to grow from USD 24.7 billion in 2023 to USD 60.4 billion by 2028, at a CAGR of 19.6% during the forecast period. The emergence of 5G and low-cost connectivity technologies have also helped create ubiquitous connectivity. Enhancement in connectivity technologies, supplemented by growing interest in personalizing...