Month: September 2023

Rise in funding, opening of innovation labs, and partnerships are major factors driving innovation management market revenue growth Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) — The global innovation management market size was USD 1.20 Billion in 2022 and is expected to register a revenue CAGR of 10.2% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for workplace transformation, quick system digitization, lower startup costs for innovative technologies, increase in funding, opening of innovation labs and partnerships, reduction in time spent marketing new products, and rising demand for business organizations to make important, well-informed decisions are some of the major factors driving the innovation management market revenue growth. The key benefits of innovation management that...

Rising demand for high-definition video contents is a major factor driving market revenue growth Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) — The global Internet Protocol Television (IPTV) market size was USD 60.30 Billion in 2022 and is expected to register a steady revenue CAGR of 17.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for high-definition video content and available video-on-demand options and increasing Internet usage and online video advertising are key factors driving market revenue growth. IPTV uses digital TV technology to deliver TV and video content through Internet protocol (IP)-based networks, providing consumers more alternatives for watching and engaging with TV.  IPTV offers a vast selection of TV shows to view over the host network, facilitates simple user-host...

Increasing government initiatives towards implementing AI technology in various industries, especially in the Banking, Financial Services, and Insurance (BFSI) sector is a key factor driving market revenue growth Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) —  The global Artificial Intelligence Trust, Risk and Security Management (AI TRiSM) market size was USD 1.72 Billion in 2022 and is expected to register a steady revenue CAGR of 16.2% during the forecast period, according to latest analysis by Emergen Research. Increasing government initiatives towards implementing AI technology in various industries, especially in the BFSI sector, rising advancements in Machine Learning (ML), Natural Language Processing (NLP), and Deep Learning (DL) algorithms, stringent government regulations toward ethical AI implementation are key factors...

Increasing Fourth Generation (4G) and Fifth Generation (5G) network connectivity in remote and rural areas is one of the major factors driving telecom power system market revenue growth Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) — The global telecom power system market size was USD 3.90 Billion in 2022 and is expected to register a steady revenue CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for multi-access edge computing, and increasing 4G and 5G network connectivity in remote and rural areas and government initiatives and development projects are key factors driving market revenue growth. Telecom power system provide telecommunication services in grid power fluctuations and interruptions. These power systems are basically designed for data centers, fixed-line applications,...

Rise in concerns about cyberattacks is one of the major factors driving digital immune System market revenue growth Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) — The global digital immune system market size was USD 16.90 Billion in 2022 and is expected to register a revenue CAGR of 13.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing government initiatives toward implementing Artificial Intelligence (AI) technology in various industries, especially in Banking, Financial Services, and Insurance (BFSI) sector, growing advancements in Machine Learning (ML), Natural Language Processing (NLP), and Deep Learning (DL) algorithms, stringent government regulations toward ethical AI implementation are some of the major factors driving revenue growth of the digital immune system market. Digital...

Rising concerns regarding road workers and traffic safety management is a major factor driving infotainment System on Chip (SoC) market revenue growth Vancouver, Sept. 25, 2023 (GLOBE NEWSWIRE) — The global infotainment System on Chip (SoC) market size is expected to reach USD 18.81 Billion in 2032 and register a steady revenue CAGR of 9.7% over the forecast period, according to the latest analysis by Emergen Research. Integration of advanced technologies, such as Artificial Intelligence (AI) and Augmented Reality (AR) into infotainment systems is a key factor driving market revenue growth. Infotainment systems have progressed from rudimentary audio and navigation interfaces to advanced technology. AI algorithms have the potential to enhance driver assistance systems by processing sensor data and making real-time decisions for...

As per the report by Fortune Business Insights, the global contraceptive drugs market size is projected to reach USD 31.30 Billion by 2030, at a CAGR of 7.7% during the forecast periodContraceptive Drugs MarketContraceptive Drugs Market (2023 – 2030)Pune, India, Sept. 25, 2023 (GLOBE NEWSWIRE) — The contraceptive drugs market size was valued at USD 17.50 billion in 2022 and is slated to reach a valuation of USD 18.57 billion in 2023 and it is expected to reach USD 31.30 billion by 2030, with a CAGR of 7.7% over the projected period. Market growth is attributed to the increasing adoption of modern contraceptive methods over traditional methods due to rapid innovations and increased awareness about contraceptive techniques. Regional and international organizations are launching over-the-counter contraceptive drugs,...

As per the report by Fortune Business Insights, the global Engineering Software Market Size is projected to reach USD 87.78 billion by 2030, at a CAGR of 10.3% during the forecast period.Engineering Software MarketForecast, 2023 – 2030Pune,India, Sept. 25, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Engineering Software Market Size was valued at USD 40.55 billion in 2022 and is projected to grow from USD 44.22 billion in 2023 to USD 87.78 billion by 2030, exhibiting a CAGR of 10.3% during the forecast period. The rise can be attributed to the growing endeavor of market players to enhance their offerings with product upgrades and innovations.Key Industry Development: April 2023 – IBM and Siemens Digital Industries Software shared plans to expand their long-term collaboration. The two companies...