ICT Industry Reports

  Increase investment in digital transformation to improve business ability and enhance operational efficiency is expected to witness potential market in the forecast period of 2022-2027. According to TechSci Research report,   Everything as a Service (XaaS) Market   - Global Size, Share,   Trends, Opportunity, and Forecast. 2017-2027  The everything-as-a-Service (XaaS) market is anticipated to have a higher CAGR over the projected period due to the increased usage of artificial intelligence and IoT as a service platform. The rising demand for improved corporate operation management services is anticipated to drive market growth. Additionally, everything as a service market is projected to witness increasing adoption in the upcoming years on account of increased use of subscription-based pricing model. However, growing concern over data security is expected to impede business growth, globally. Businesses are utilizing cloud services to perform their operations w...

  Rising concerns for data protection and emerging trend of Internet of Things (IoT) are driving the growth in Global Network Security Market in the forecast period, 2017-2027. According to TechSci Research report, “ Network Security Market  - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027 ” , the Global Network Security Market stood at USD29.06 billion in 2021 and is projected to reach USD 58.44 billion at a CAGR of 12.23% in the forecast period, 2022E-2027F. The surge in the adoption of network security and the increasing investment in the cybersecurity market are the key factors driving the Global Network Security Market in the next five years. The demand for the software is driven by the increase in number of startups and internet penetration in emerging nations. Additionally, end-user organizations utilize the Bring Your Own Device (BYOD) Services, which needs secure network connections. In addition, sectors such as healthcare a...

  Applications in biological science and high R&D expenditure are expected to drive the demand for Germany focused ion beam market through the forecast period, 2023-2027. According to TechSci Research report, “ Germany Focused Ion Beam Market  By Ion Source (Iridium, Gold, Gallium, Others),  By Application (Failure Analysis, Material Science, Nanofabrication, Device Modification, Circuit Edit, Others), By Vertical (Electronics & Semiconductor, Industrial Science, Material Science, Bioscience), By Region, Competition Forecast & Opportunities, 2027 ” , the Germany focused ion beam market is expected to witness impressive growth in 2023-2027. The focused ion beam is a technique used in the semiconductor industry, material science, and bioscience industry and is used for the purpose of imaging, depositing, milling, manipulating machining, and ablating materials. A focused ion beam can also be integrated with scanning electron microscopy into a single beam system w...

High-end investments in the developing ICT sector and ongoing developments in fiber optic networks are expected to drive the demand for the Indonesia fusion splicer market in the forecast period, 2023-2027. According to TechSci Research report, “ Indonesia Fusion Splicer Market  By Type (Field Splicing, Factory Splicing, and Laboratory Splicing), By Component (Hardware, Software, Service), By Alignment Type (Cladding Alignment and Core Alignment), By Application (Telecommunication, Aerospace & Defense, Cable TV, Enterprise, and Others), By Region, Competition Forecast & Opportunities, 2027 ” , the Indonesia fusion splicer market is expected to witness robust growth in the forecast period, 2023-2027. There has been continuous evaluation in the optical fiber construction network and the telecommunication industry. Fusion splicing is gaining popularity as it is the most advanced, economical, and fastest method for field termination. The industry is developing and evolving by w...

The surge in concerns regarding the protection of high-cost equipment is expected to drive the demand for the United States safety sensor market over the forecast period, 2023-2027.  According to TechSci Research report, “ United States Safety Sensor Market  By Type (Safety Light Curtain, Safety Laser Scanner, Safety Mat, Safety Edge), By End-User Industry (Construction, Oil and Gas, Mining, Healthcare, Defense, Manufacturing, Logistics, Food and Beverages, Others), By Sensor Type (Accelerometers, Biosensors, Image Sensors, Motion Detectors), By Application (Punch and Press Machines, Shearing Machines, Metal Surface Treatment Machines, Automated Soldering Line, Perimeter Protection, Others), By Region, Competition Forecast & Opportunities, 2027 ” , the United States safety sensor market is expected to witness impressive growth in the forecast period, 2023-2027. Increased focus on factory automation and the emergence of industrial 4.0, along with the rise in efforts by the ...

 Increasing adoption of digitalization and the infrastructural developments across the country are influencing the Vietnam PropTech Market through 2027F. According to TechSci Research report, “ Vietnam PropTech Market  –By Region, Competition Forecast and Opportunities, 2017-2027”  the Vietnam PropTech Market was valued at USD 446.08 million in 2021 and is predicted to experience robust growth in the forecast period with a CAGR of 16.47% due to the high adoption rate of digitalization across the rising urban population. The growing Internet penetration and high demand for  IoT Security  and data privacy related to the next generation property management are anticipated to drive the growth of the Vietnam PropTech Market in the forecast period 2022E-2027F. The shift in the adoption of digitalization across the country, along with the growth in the urban population, is significantly driving the demand for PropTech technology in Vietnam. The development of the econo...

  Increasing use of sensors in IoT applications due to cost and size reduction, and technological advancement influence the global IoT Sensor market through  2027F. According to TechSci Research report, “ IoT Sensor Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”.  The growth of internet penetration rate and high demand for connected and wearables devices are anticipated to drive the growth of the global IoT sensor market and is forecast to grow at an impressive CAGR of 25.32% during the forecast period. Sensors are finding use in automotive, healthcare, and consumer products as sensor sizes shrink and micro electromechanical systems (MEMS) technology becomes more widely adopted. This has had a significant impact on the sensor market's overall growth. During the last five years, smaller sensors have rapidly been deployed in devices such as smartphones, drones, wearables, and robots. Increasing demand for Industrial Io...

Increasing demand for data privacy, rapid innovations, and technological advancements of the internet are influencing the Global Web 3.0 Blockchain Market through 2027F . According to TechSci Research report, “ Web 3.0 Blockchain Market  –Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”  Global Web 3.0 Blockchain Market stood at USD 3,895.63 Million in 2021 and is projected to grow at a CAGR of 52.78% during the forecast period. Constant up-gradation in technology and implementation and awareness of the Internet of Things are the main reasons why the global Web 3.0 Blockchain Market is going to grow globally. Moreover, factors such as government policies that stop monopoly and efforts made to improve users' privacy, are significant factors in the market's growth. Moreover, rapidly growing urbanization is leading to technological advancements with rising digitalization that has led to more internet users, which in turn is likely to positiv...

Increasing reliance on  digital technology  and growing number of hyperscale data centers are expected to drive the India Server market during the forecast period. According to TechSci Research report, " India Server Market  – By Region, Forecast & Opportunities, 2017-2027, "  the India Server Market stood at USD 1602 million in FY2022 and is anticipated to reach USD 2416 million by FY2028. The increasing digital economy is driving growth in the India Server Market. Furthermore, the growing popularity of 5G technology will result in significant advancements in the scale and speed of information technology. The increasing adoption of cloud computing services due to their low cost, high performance, and ease of usage also benefit the India Server Market.  India put lockdown in order to contain the spread of COVID-19,  giving rise to the country's remote working regime, which has largely been supported by cloud computing solutions, allowing employees to do...

  The rise in the adoption of smart gadgets and growing issues about power quality are expected to drive the demand for the United States surge protector market over the forecast period, 2023-2027. According to TechSci Research report, “ United States Surge Protector Market  By Type (Hard-Wired, Plug-In, and Line Cord), By Discharge Current (Below 10 kA, 10 kA–25 kA, and above 25 kA), By Component (Suppressor, Gas Discharge Tube, Surge Arrestor, and Others), By End-User (Industrial, Commercial, and Residential), By Region, Competition Forecast & Opportunities, 2027 ” , the United States surge protector market is expected to witness robust CAGR over the forecast period, 2023-2027. The United States is an early adopter of advanced technologies and is home to many of the global surge protection devices market players. Electricity consumption for residential and commercial applications accounts for a substantial share of the total electricity consumption. Mississippi, Alabama,...

Increased adoption of blockchain technology by fintech industry and trend of trading digitized assets and tokens are expected to drive the demand for the United Kingdom metaverse market throughout the forecast period. According to TechSci Research report,  “United Kingdom Metaverse Market By Region, Competition Forecast & Opportunities, 2027” , the United Kingdom metaverse market is expected to witness steady growth in the forecast period. The market is driven by the growing focus on converging digital and physical worlds and the increased awareness about the virtual token and economy. Metaverse is a term used to define a virtual and highly immersive 3D environment using a mixture of augmented reality, virtual reality, and mixed reality. The technology creates a virtual world where users can engage in conducting business, immersive gaming, buy, sell, inspect real estate, and enjoy immersive entertainment facilities. The metaverse technology can act as a boon for the aerospace a...

  The increasing incidence of identity theft on government premises and the growing popularity of the e-commerce channels are expected to drive the demand in the United Kingdom identity theft protection services market throughout the forecast period. According to TechSci Research report, “ United Kingdom Identity Theft Protection Services Market  By Region, Competition Forecast & Opportunities, 2027” , the United Kingdom commercial is expected to grow with a steady CAGR in the forecast period. Identity theft is one of the most popular cybercrimes which results in massive financial losses for an organization. It involves stealing personal information to impersonate a person's identity. It includes stealing a vast amount of information covering social security identity details, medical records, financial details, and child identification details, amongst others. Identify theft services includes monitoring services that help witness the unauthorized access to personal informa...

  The rise in the number of warehouses and surge in investments in warehouse automation is expected to drive the demand for the United Kingdom warehouse robotics market over the forecast period, 2023-2027. According to TechSci Research report, “ United Kingdom Warehouse Robotics Market  By Product Type (Mobile Robots, Articulated Robots, Cylindrical Robots, Scara Robots, Parallel Robots, and Cartesian Robots), By Function (Pick & Place, Palletizing & Depalletizing, Transportation, and Packaging), By End User (E-Commerce, Automotive, Electrical & Electronics, Metal and Machinery, Chemical, Rubber & Plastics, Food & Beverages, Pharmaceuticals, and Others), By Region, Competition Forecast & Opportunities, 2027” , the United Kingdom warehouse robotics market is expected to witness robust growth in the forecast period. Warehouse robotics includes the use of robots, automated systems, and specialized software to move things and streamline and automate warehou...

Growing demands for high-speed internet speed, focus on cloud-based facilities, increasing the role of artificial intelligence in submarine telecom cable systems, are expected to drive the growth of the Asia-Pacific Fiber Optic Cable Market in during the forecast period. According to TechSci Research report, “ Asia-Pacific Undersea Fiber Optic Cable Market - By Country, Competition Forecast & Opportunities, 2017-2027,”  Asia-Pacific Undersea Fiber Optic Cable Market is expected to grow at CAGR of 15.04% to reach USD 10,102.87 million by 2027. Rising demand for high bandwidth, growing use of fiber cable in the digital content sector, growing 5G deployment, and the rising emergence of industry 4.0 are expected to propel the Asia-Pacific Undersea Fiber Optic Cable Market during the forecast period.  Growing adoption of cloud services, increasing digitalization, big data & IoT adoption, 5G deployments, and growth in the inland and undersea activities in APAC are some of t...