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Sector Analysis
NewCloud Communications Market Opportunity Forecasts by Geography, Technology Segments and Industry Verticals to 2027
Cloud Communications Market Report Overview The Cloud Communications market was valued at US$ 78.00 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 18.30% to reach a value of US$ 180.70 billion by 2027. The cumulative revenue generation opportunities for Cloud Communications providers is estimated at US$ 732.90 billion between 2022 to 2027. Cloud Communications Market Outlook, 2022-2027 (in US$ Billion) For more insights into the Cloud Communications market forecast Download a free report sample...
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Thematic Analysis
NewWearable Tech – Thematic Intelligence
The wearable tech industry was worth $99.5 billion in 2022 and will reach $290.6 billion by 2030, expanding at a compound annual growth rate (CAGR) of 14.3% between 2022 and 2030, according to GlobalData forecasts. Sales of hearables and smartwatches will drive growth in the market. Integration of artificial intelligence (AI) could usher in a new era of interactive and intelligent wearable devices, offering improved user experiences. The next generation of hearables will be designed for greater comfort, provide longer...
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Sector Analysis
NewEnterprise Networking Market Size Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2027
Global Enterprise Networking 2022-2027 The global enterprise networking market size was pegged at $409.3 billion in 2022. The market is expected to grow at a CAGR of more than 6% during the forecast period (2022-2027). Rising adoption of wireless devices, cloud services, IoT, and other digital solutions, and growing demand for strong enterprise network connectivity amid an increase in adoption of work-from-home and remote working model are driving enterprises to ramp up and strengthen their networking infrastructure and invest in...
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Thematic Analysis
NewData Analytics – Thematic Intelligence
Data Analytics Thematic Report Overview Human activity generates a vast amount of data from databases containing information about citizens to user-generated content on social media platforms and sensor data generated by smartphones and industrial machinery. Data analytics tools can help us convert such raw data into valuable insights and actionable knowledge. It is a relatively mature market, yet significant innovation has recently emerged. Prescriptive analytics is the most advanced type, aiming to tell organizations what to do next rather than...
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Sector Analysis
NewEnterprise Storage Market Size, Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2027
Enterprise Storage Market Research Report Overview The global enterprise storage market size was pegged at $123 billion in 2022. The market is expected to grow at a CAGR of more than 6% during the forecast period (2022-2027). Growing volumes of both structured and unstructured data generated by enterprises due to the increasing use of digital solutions like online & ecommerce platforms, enterprise mobility, connected devices, mobile apps, automation, and cloud, and the subsequent need to store such data for further...
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Sector Analysis
NewCustomer Experience Management Market Trends and Analysis by Region, IT Infrastructure, Software/Service Type and Segment Forecast to 2030
Accessing the in-depth insights from the ‘Customer Experience Management’ report can help you: Gain valuable understanding of the current and future state of the market, allowing businesses to make informed decisions about market entry, product development, and investments Identify your competitors' capabilities to stay ahead in the market Identify segments and get an understanding of various stakeholders across different stages of the entire value chain Anticipate changes in demand and adjust your business development strategies Identify potential regions and countries for growth opportunities How is...
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Sector Analysis
NewGenerative AI Market Size by Region, Countries, Industry Verticals and Opportunity Forecasts to 2027
Generative Artificial Intelligence (AI) Market Overview The global generative AI market was valued at US$ 1.75 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 79.96% to reach a value of US$ 33.03 billion by 2027. The cumulative revenue generation opportunities for generative AI providers is estimated at US$ 65.04 billion between 2022 to 2027. Generative AI Market Outlook, 2022-2027 (in US$ Billion) For more insights into the generative AI market forecast, download a free...
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Thematic Analysis
Enterprise Security Software Sector Scorecard – Thematic Intelligence
Artificial intelligence (AI) is the most significant theme in the thematic screen of GlobalData’s enterprise security software sector scorecard because AI is at the heart of defensive measures to repel cyberattacks. That is even more the case following the rush of interest in and development of generative AI platforms in the first half of 2023, which is why the scorecard weighting for the AI theme has increased to 15% from 10%.
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Thematic Analysis
IT Infrastructure Sector Scorecard – Thematic Intelligence
Very little has changed since the previous quarter on the thematic screen of GlobalData’s IT infrastructure sector scorecard. As in Q1, the top 13 companies are all headquartered in the US, with Lenovo maintaining its position as the highest-ranked non-US company, in 14th spot.
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Thematic Analysis
IT Services Sector Scorecard – Thematic Intelligence
Companies scoring strongly in the cloud, data analytics, and future of work themes lead the thematic screen of GlobalData’s IT services sector scorecard. The ranking is dominated by the global IT services giants Accenture, IBM, and Infosys, closely followed by Capgemini, Tata Consultancy Services (TCS), and NTT Data. Indian-headquartered vendors account for four of the top 10 positions, suggesting they are successfully adapting their strategies to the long-term concern of a declining cost advantage versus their US and European peers.
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Thematic Analysis
Semiconductors Sector Scorecard – Thematic Intelligence
Companies scoring strongly in artificial intelligence (AI) and geopolitics-related themes lead the thematic screen of GlobalData’s semiconductors sector scorecard. Indeed, AI and specifically AI chips, geopolitics, and China impact jointly account for 50% of the weighting of the thematic screen, reflecting both the growing importance of AI, particularly generative AI, in the technology industry and the impact of the ongoing US-China trade dispute. The list is led by companies with advanced AI products, such as Nvidia, Amazon, Tesla, and Alibaba,...
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Thematic Analysis
Application Software Sector Scorecard – Thematic Intelligence
Companies that score well in the artificial intelligence (AI), big data, and cloud computing themes lead the thematic screen of GlobalData’s application software sector scorecard. The screen is dominated by the large US cloud vendors, Microsoft, Amazon, and Alphabet, and the analytics specialists such as Splunk, Dynatrace, Datadog, and Sumo Logic. It also includes leading enterprise software companies, including IBM, SAP, and Infor, alongside Apple.
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Thematic Analysis
Cloud Services Sector Scorecard – Thematic Intelligence
The thematic screen of GlobalData’s cloud services sector scorecard is led by the global hyperscalers Microsoft, Amazon, and Alibaba, closely followed by Alphabet and IBM. Microsoft and Alphabet are aggressively investing in generative AI, developing the foundational large language models (LLM), and building the infrastructure to offer related services. This has the potential to become a differentiator in the industry. Other vendors in top positions include several suppliers to the cloud services sector, particularly around networking and data center infrastructure...
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Thematic Analysis
Component Makers Sector Scorecard – Thematic Intelligence
Component makers will continue to face challenging times in 2023 as global economies struggle amid high inflation, climbing interest rates, and tightening credit for businesses. Ongoing supply chain problems and chip shortages will compound their difficulties.
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Thematic Analysis
Consumer Electronics Sector Scorecard – Thematic Intelligence
The increased sophistication of artificial intelligence (AI) in Q4 2022 and Q1 2023 has put added pressure on consumer electronics companies to develop smarter devices that offer more adaptable features. While some companies like Vuzix and ZTE have explored integrating large language models (LLMs) into their products, most companies in GlobalData’s consumer electronics sector scorecard are yet to bring generative AI to the edge. Companies like LG Electronics and Samsung Electronics, which have historically focused on AI capabilities, are well-positioned...
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Sector Analysis
Application Development and Management Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
Application Development and Management Market Overview The global Application Development and Management market was valued at US$ 267.82 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 13.46% to reach a value of US$ 503.67 billion by 2027. The cumulative revenue generation opportunities for Application Development and Management providers is estimated at US$ 2217.09 billion between 2022 to 2027. Application Development and Management Market Outlook, 2022-2027 (US$ Billion) Buy full report for more insights into...
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Sector Analysis
Business Process Applications Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
Business Process Applications Market Overview The global Business Process Applications market was valued at US$ 258.81 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 7.47% to reach a value of US$ 371.11 billion by 2027. The cumulative revenue generation opportunities for Business Process Applications providers is estimated at US$ 1857.89 billion between 2022 to 2027. Business Process Applications Market Outlook, 2022-2027 (US$ Billion) Buy full report for more insights into the Business Process Applications...
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Sector Analysis
Client Computing Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
Client Computing Market Overview The global Client Computing market was valued at US$ 392.79 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 4.28% to reach a value of US$ 484.25 billion by 2027. The cumulative revenue generation opportunities for Client Computing providers is estimated at US$ 2597.71 billion between 2022 to 2027. Client Computing Market Outlook, 2022-2027 (US$ Billion) Buy full report for more insights into the Client Computing market forecast Download a free...
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Sector Analysis
Communications and Collaboration Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
Communications and Collaboration Market Overview The global Communications and Collaboration market was valued at US$ 284.10 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 6.47% to reach a value of US$ 388.77 billion by 2027. The cumulative revenue generation opportunities for Communications and Collaboration providers is estimated at US$ 1939.41 billion between 2022 to 2027. Communications and Collaboration Market Outlook, 2022-2027 (US$ Billion) Buy full report for more insights into the Communications and Collaboration...
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Sector Analysis
Consulting Services Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
Consulting and Integration Services Market Overview The global Consulting and Integration Services market was valued at US$ 343.47 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 7.76% to reach a value of US$ 499.12 billion by 2027. The cumulative revenue generation opportunities for Consulting and Integration Services providers is estimated at US$ 2488.3 billion between 2022 to 2027. Consulting and Integration Services Market Outlook, 2022-2027 (US$ Billion) Buy full report for more insights into...
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