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Showing posts from July, 2022

Responsible Sourcing Software Market - Forecast (2022 - 2027)

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The Global Responsible sourcing software Market size is forecast t o reach $289 million by 2026, growing at a CAGR of 7.9% from 2021 to 2026.   The growth of Responsible sourcing software market is attributed to factors such as growing digitization, and growing demand from organisations for planning, budgeting, improving efficiency and others. Moreover, technological advancements such as incorporation of   Machine learning , predictive analysis and others give the best possible scenarios based on intelligent algorithms and machine-to-machine analysis of big data sets. This kind of capability could optimize the delivery of goods while balancing supply and demand, and would not require human analysis, but rather action to set the parameters of success. Furthermore, increase in concern for enhancing   supply chain management   and sustainability, corporate social responsibility (CSR), sustainable development and supply chain ethics further drive forward the Responsible...

5G Infrastructure Market - Forecast (2022 - 2027)

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The 5G infrastructure Market size is forecast to reach   $72.2 billion by 2027 , growing at   CAGR 62.6%  from 2022 to 2027. The market growth is mainly driven by factors including growing demand for enhanced mobile broadband services along with virtual networking architecture in telecom industry, growing investment in development of 5G and machine-to-machine communication solutions. Apart from that, rising adoption of  Internet of Things (IoT) , Mobile edge Computing and Fog Computing as well as growing requirement for better digital ecosystem will accelerate the growth of the 5G industry. In addition, demand for high-speed connections, greater reliability and access to real time information also contribute towards the market growth. In addition, 5G supports Software Defined Networking (SDN), Virtual Networking Architecture (NFV) as well as Distributed Network Function Virtualization (D-NFV), which is specifically designed to reduce the requirement o...

Real Time Location System (RTLS) Market - Forecast (2022 - 2027)

Real Time Location Systems (RTLS) are opted to track the location of objects, assets, or individuals in real-time monitoring. This is done by embedding tags to the object being tracked. The signals sent by the tags are received by fixed receivers or readers to identify the location. The Global RTLS Market is estimated to grow at a CAGR of 14.7% during the forecast period 2018–2024. APAC is projected to be the fastest growing market with a CAGR of 17.5%, which can be attributed to the increasing adoption fuelled by the drop in the prices of the RTLS systems lately. Global RTLS Market Outlook RTLS is typically designed so as to improve the operational processes, workflows, safety, security, inventory management, or a combination of all of these. Application of real-time tracking system for detecting live location of any object or person has proven to be of great assistance in diverse industries such as manufacturing, logistics, healthcare, defense, and so on. According to IndustryARC fin...

Data Masking Market - Forecast (2021 - 2026)

Data Masking Market is forecast to reach $435 million by 2025, at a CAGR of 15.03% during 2020-2025. Increasing   penetration of data analytics coupled with the rising internet security and privacy concerns throughout the world  are expected to accelerate the Data Masking market during forecast period. In 2018,   EU  General Data Protection Regulation (GDPR) took legal effect to change the whole data capture, storage and processing arena .  According to GDPR, businesses must handle and protect personal data, with a specific focus on the privacy and rights of individuals. These regulation are likely to bring demand for data protection and security  thereby accelerating the demand for Data Masking Market. Key Takeaways APAC is expected to witness highest CAGR in data masking market due to  measures to promote the data security. Retail and eCommerce vertical is expected to grow with highest CAGR of 16.45% throughout the forecast period due to organizatio...