Artificial Intelligence Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to new market research report “Artificial Intelligence Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing), Deployment Mode, Organization Size, Business Function (Law, Security), Vertical, and Region – Global Forecast to 2026″, published by MarketsandMarkets™,  the global Artificial Intelligence Market size to grow from USD 58.3 billion in 2021 to USD 309.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 39.7% during the forecast period.

Various factors such as growth of data-based AI and advancement in deep learning and need to achieve robotic autonomy to stay competitive in a global market are expected to drive the adoption of the AI solutions and services.

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COVID-19 is disrupting the world, businesses, and economies, impacting the livelihood of people, their interactions, education systems, and the way people manage their businesses. The ability to sustain has become the new normal as enterprises are concentrating on implementing drastic measures to mitigate the impact of the COVID-19 pandemic. The development of AI solutions has witnessed a slow growth in the first half of 2020 due to the global lockdown. However, the adoption of AI solutions is expected to increase tremendously during the forecast period. A wide range of tools and solutions are being adopted during the pandemic to detect and enforce social distancing and limit the spread of COVID-19. The competition among major AI companies is expected to be furious as new opportunities for AI solutions have grown due to remote work and remote education. New practices such as work from home and social distancing are creating the need for remote monitoring, smart payment technologies, and building the digital infrastructure for large-scale deployments. With a sudden surge in remote workers and online learners, there is an increase in the demand for advanced AI solutions and services.

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The services segment to hold higher CAGR during the forecast period

Based on components, the Artificial Intelligence Marketis segmented into hardware, software, and services. The software segment of the report is sub segmented into application programming interface (API) and ML framework, the hardware segment is bifurcated into processor, memory, and network, whereas the services segment is segmented into deployment and integration, and support and maintenance. The services segment is expected to account for higher CAGR during the forecast due to the growing use of AI and analytics for policymaking, environmental analysis, and real-time decision-making.

The ML segment to have larger market size during the forecast period

The AI market has been segmented by technology into ML, NLP, context-aware computing, and computer vision. The market share of ML technology is higher attributed to the enormous availability of data, also called big data, and the increasing adoption of ML by enterprises and federal agencies to gain useful insights.

Healthcare and Life Sciences segment to have the higher CAGR during the forecast period

The AI market by vertical has been categorized into 8 different verticals, namely, BFSI, retail and ecommerce, automotive, government and defense, healthcare and life sciences, telecom and IT, energy and utilities, manufacturing, and others (education, media and entertainment, and travel and hospitality). Factors such as the presence of a large volume of imaging data, advantages offered by AI systems to radiologists in diagnosis and treatment management, and the influx of a large number of start-ups in this segment are fueling the growth of healthcare and life sciences segment in Artificial Intelligence Market.

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North America to account for larger market size during the forecast period

The AI market is segmented into five geographic regions: North America, Europe, APAC, MEA, and Latin America. Among these regions, North America is projected to hold the largest market share during the forecast period. The key factor supporting the growth of the AI market in this region is the wide-scale adoption of AI technologies in several industries, such as healthcare, automotive, agriculture, retail, marketing, and law.

Major vendors in the global Artificial Intelligence Market include Alphabet Inc. (US), Microsoft Corporation (US), IBM Corporation (US), Baidu, Inc. (China), Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Amazon Web Services, Inc. (US), SAS Institute Inc. (US), Facebook, Inc. (US), SAP SE (Germany), Salesforce.com, Inc. (US), NVIDIA Corporation (US), Oracle (US), Cisco (US), Siemens (US), Huawei (China), Alibaba Cloud (China), iFLYTEK (China), Hewlett Packard Enterprise Development LP (US), General Vision Inc. (US), Graphcore (UK), Mellanox Technologies (US), Darktrace (UK), Cylance Inc. (US), Didi Chuxing Technology Co. (China), Zoox (US), Face++ (China), Inbenta (US), Zephyr Health Inc. (US), Butterfly Network (US), Atomwise Inc. (US), Vicarious (US), Preferred Network Inc. (Japan), AIBrain LLC (US), Wave Computing Inc. (US), Mythic (US), Adapteva (US), Koniku Inc. (US), KnuEdge Inc. (US), SK Hynix Inc. (South Korea), Progress DataRPM (US), Descartes Labs (US), Gamaya (Switzerland), EC2CE (Spain), Precision Hawk(US), Agribotix (US), Neurala (US), Iris Automation (US), Pilot AI Labs Inc.(US), Sentient Technologies (US), Applied Brain Research (Canada), Twitter (US), InsideSales (US), Persado (US), Mariana (US), Drawbridge (US), Narrative Science (US), Appier (Taiwan), Zensed (Sweden), and GumGum Inc. (US).

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Network as a Service Market Size, Share and Global Market Forecast to 2026 | MarketsandMarkets

According to recent market research report “Network as a Service Market by Type (LAN and WLAN, WAN, Communication and Collaboration, and Network Security), Organization Size (Large Enterprises and SMEs), Application, End User ( BFSI, Manufacturing, Healthcare), and Region – Global Forecast to 2026″, published by MarketsandMarkets™,  the global Network as a Service Market size is expected to grow from USD 10.4 billion in 2021 to USD 37.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.4% during the forecast period.

As organizations progress to cloud and adopt new technologies, the way they architect and set up network infrastructure must change. So, the enterprise NaaS has emerged as a significant new way for organizations to flexibly consume network infrastructure.

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It enables them to use network services over the internet using pay-per-use or subscription consumption models. Thus, enterprises are beginning to realize the significant benefits of this new model. This model has also created opportunities for CSPs to collaborate with cloud providers and other ecosystem partners on service development and delivery. With NaaS, network spending has shifted from the Capital Expenditure (CAPEX) to the Operational Expenditure (OPEX) model for network infrastructure.


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Network Security segment to grow at the highest CAGR during the forecast period

NaaS offers a strong set of security services that provide defense against malicious attacks with the provision of secure network policies, firewall-as-a-service, secure web gateways, network access control, and secure DDI. These network security services help businesses to protect networks from cyber threats, data breaches, intrusions, and detections. Network security is a broad term that comprises a set of technologies and tools designed to develop the secure flow of data and information over networks. Irrespective of size, businesses require a high degree of network security to protect their network infrastructure from the increasing cyber threats. In today’s digital world and remote work culture, incidences of network threats have increased exponentially all over the globe. The changing business model and hybrid network infrastructure are challenges for businesses in terms of securing network infrastructure. Attackers have found a hundred ways to exploit network infrastructure with DDoS attacks and vulnerabilities.

Small and Medium Sized Enterprises segment is expected to grow at the highest CAGR during the forecast period

Organizations with less than 999 employees are considered under the SMEs segment. These organizations struggle with a low network infrastructure budget, despite advancements in technologies. However, with the availability of low-cost cloud services and the as-a-service model, SMEs have shifted their focus on digital transformation to benefit from emerging technologies such as cloud, analytics, IoT, and SDN. Small businesses all over the globe are no exception when it comes to access to wired and wireless infrastructure. Every organization, irrespective of size, has adopted the mobile-first strategy to cope with the growing technology world and garner new business opportunities. The NaaS model has benefitted most SMEs. This model offloads the burden of managing the entire network infrastructure at a lower cost for network operation teams. In this way, business stakeholders can emphasize on their daily business activities by accessing continuous internet connectivity. Like global organizations, SMEs in emerging countries are moving toward the subscription-based model from the ownership model. Within the subscription or NaaS model, enterprises can opt to purchase any software or hardware device costing more than the as-a-service model.

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Asia Pacific (APAC) region to record the highest growing region in the NaaS market

The NaaS market is highly competitive in APAC due to the presence of various service providers, networking providers, telecom carriers, and technology service vendors. Many vendors compete to offer the best services in the region, particularly in the retail and e-commerce industry vertical. This region also hosts many emerging service players in the networking and IT domain. It is proving to be a rich space in terms of the existence of several multinational corporations, government organizations, and many midsized as well as large telecommunications and IT organizations. The growth is attributed to the presence of developing economies, such as China and India. These countries have expansively considered the usage of wireless internet to cater to the unparalleled needs of Wi-Fi connectivity in large enterprises and SMEs of the region. The retail and e-commerce industry vertical is gaining traction in India and China.

Key and innovative vendors in Network as a Service Market are AT&T (US), Verizon (US), Telefonica (Spain), NTT Communications (Japan), Orange Business Services (France), Vodafone (UK), BT Group (London), Tata Communications (India), Lumen (US), Masergy (US), Servsys (US), TELUS (Canada), PCCW Global (China),  KDDI (Japan), Cloudflare (US), ARYAKA NETWORKS (US), China Telecom (China), China Mobile (China), Singtel  (Singapore), GTT Communications (US), Telia (Sweden), Telstra (Australia), Deutsche Telekom (Germany), Colt Technology Services (UK), HGC (China), TenFour (US),PacketFabric (US), OnX Canada (Canada), Megaport (Australia), Wipro (India), Epsilon (Singapore), Axians (France), IPC Tech (US), and Microland (India).

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Data Fabric Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to market research report “Data Fabric Market by Type (Disk-Based, In-Memory), Business Applications (Fraud Detection and Security Management, Customer Experience Management, Business Process Management, GRC Management), Service, Vertical and Region – Global Forecast to 2026″, published by MarketsandMarkets™,  the global Data Fabric Market size to grow from USD 1.0 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 26.3% during the forecast period.

Various factors such as increasing volume and variety of business data, emerging need for business agility and accessibility, and growing demand for real-time streaming analytics are expected to drive the adoption of the data fabric solutions and services.

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The COVID-19 pandemic has forced businesses to find new alternatives for speedy recovery and attention to the urgent need to access enough data in crisis times. Disparate data stores hamper the efforts of business leaders to make fully informed decisions. Using a modern data architecture approach called data fabric, Ernst & Young (EY) developed Business Resiliency Data Fabric that enables access to data wherever it lives. Data fabric supports rapid technological change while increasing data entropy. To help alleviate the consequences of COVID-19, Denodo launched the Coronavirus Data Portal (CDP), a collaborative initiative that leverages data virtualization to unify critical datasets originally exposed in different formats from multiple sources and countries and make the unified data open to everyone. Using the CDP and the data virtualization capabilities of the Denodo Platform, pmOne created detailed reports and AI analysis, seamlessly orchestrating all the information streams in the pmOne Share Cockpit. The collaboration of Denodo and pmOne provided the global community with trustworthy, up-to-date data about COVID-19 that can be used to develop new intelligence about COVID-19 and reduce its impact. Banks have transitioned to remote sales and service teams and launched digital outreach to customers to make flexible payment arrangements for loans and mortgages. Grocery stores have shifted to online ordering and delivery as their primary business. Schools in many locales have pivoted to 100% online learning and digital classrooms. Doctors have begun delivering telemedicine, aided by more flexible regulation. These approaches have resulted in the rise of volume and variety of business data, the rise in need for business agility and data accessibility, and increasing demand for real-time streaming analytics, contributing to the growth of the Data Fabric Market

 
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The services segment to hold higher CAGR during the forecast period

Based on components, the Data Fabric Market is segmented into software and services. Data fabric makes the movement of data between cloud, storage systems, and data centers smoother, with low latency contributing to the adoption of data fabric software. The services segment, on the other hand, has been bifurcated into consulting services, support and maintenance, and education and training services. The services segment is expected to account for higher CAGR during the forecast as services are required by organizations to bring about effective data fabric implementation strategies that can be handled by third-party companies, and the organizations can concentrate on their core businesses.

The large enterprises segment to hold largest market size during the forecast period

The Data Fabric Market has been segmented by organization size into large enterprises and SMEs. The market share of large enterprises is higher; however, the market for SMEs is expected to register a higher CAGR during the forecast period. The demand for data fabric is accelerating due to its cost-effective and time-efficient feature; its growth is specifically high in large enterprises, where low-cost solutions are in demand.

The cloudsegment to have higher CAGR during the forecst period

Based on deployment mode, the market has been segmented into on-premises and cloud. The on-premises segment is expected to hold largest market size while the cloud segment is expected to account for higher CAGR during the forecast period due to the ease of using only the functionalities without knowing the implementation. The cloud deployment mode is being widely adopted by enterprises in all regions where data security is a major concern.

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Banking, Financial services, and Insurance segment to have the largest marketsize during the forecast period

The Data Fabric Market by vertical has been categorized into 9 different verticals, namely, BFSI, telecommunications and IT, retail and e-commerce, healthcare and life sciences, manufacturing, government, energy and utilities, media and entertainment, and others. The other verticals comprise transportation and logistics, travel and hospitality, and education. The market size of BFSI segment is expected to be the largest as data fabric can help financial institutions by providing a flexible means for ingesting data from enterprise and external systems, storing data securely, generating insights, and providing access through data services (APIs) while maintaining cost efficiency. This leads to its adoption in the BFSI sector.

North America to hold largest market size during the forecast period

North America has been at the forefront in driving the major portion of the revenue generated by the data management and analytics vendors. State-of-the-art infrastructure, high funding opportunities, widespread customer base across several industries, and availability of a highly-skilled workforce have been major contributors to the innovation and early adoption of various technologies such as big data and related technologies, analytics, and IoT. Rapid digitalization across industry verticals, increasing adoption of IoT-enabled technologies, and technological advancements are fueling the adoption of data fabric in North America.

Major vendors in the global Data Fabric Market include Denodo Technologies (US), Global IDs (US), IBM Corporation (US), Informatica (US), NetApp (US), Oracle Corporation (US), SAP SE (Germany), Software AG (Germany), Splunk (US), Talend (US), Dell Technologies (US), HP Enterprise (US), Teradata Corporation (US), TIBCO Software (US), Precisely (US), Idera (US), Nexla (US), Stardog (US), Gluent (US), Starburst Data (US), HEXstream (US), QOMPLX (US), CluedIn (Denmark), Iguazio (Israel), and Cinchy (Canada).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Big Data Security Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

In the post-COVID-19 scenario, the “Big Data Security Market by Component, by Software, Deployment Type, Organization Size (Large Enterprise, SMEs), Vertical, and Region (North America, Europe, APAC, MEA, Latin America) – Global Forecast to 2026″,  published by MarketsandMarkets™, the Big Data Security Marketsize is projected to grow from USD 17.5 billion in 2020 to USD 35.3 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026. The market’s growth can be attributed to the increasing awareness and rising investments in big data security solutions across global organizations operating across verticals.

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Based on software, the data encryption, tokenization, and masking segment are estimated to lead the market in 2020.

Data encryption is a security method where information is encoded and can only be accessed or decrypted by users with the correct encryption key. Encrypted data, also known as ciphertext, appears scrambled or unreadable to persons or entities accessing without permission. Tokenization is the process of turning sensitive data into non-sensitive data called ‘tokens’ that can be used in a database or internal system without bringing it into scope. Data masking is a data security technique where a dataset is copied, but sensitive data is obfuscated. This copy is then used instead of the authentic data for testing or training purposes. By masking data, organizations can expose the data needed to test teams or database administrators without compromising it or getting out of compliance. The primary benefit is reduced security risks.

Based on Vertical, IT & ITES is estimated to lead the market in 2020.

The IT and ITES vertical is growing at an unprecedented rate in North America, Europe, and APAC. However, it is one of the major targets for cyberattacks as IT and ITES companies are dealing with storage and transfer of large volumes of critical business data and the employee data, such as names, addresses, and financial transactions. The rise in penetration of cloud computing, IoT devices, BYOD, and mobile and web applications has widened the surface of cyberattacks in the IT and ITES vertical.

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North America is expected to hold the largest market share during the forecast period.

Most of the security vendors are based in North America, which makes the region to be among the early adopter of new and advanced security technologies. As a result, North America is expected to dominate the Big Data Security Marketduring the forecast period. Moreover, increase in the sophisticated cyber-attacks is anticipated to drive the implementation of big data security in several verticals such as banking, finance, government, and healthcare sectors. With the widespread use of digital payments, cloud based applications, IoT, security ecosystem has become more complex. Besides, various SMBs are welcoming disruptive work culture through services such as BYOD and work-from-home, exposing the enterprise data prone to number of cyber-attacks.

Market Players

Major vendors in Big Data Security Market, namely, include IBM (US), Oracle (US), Microsoft (US), Google (US), Amazon Web Services (US), Hewlett Packard Enterprise (US), Talend (US), Micro Focus (UK), Check Point (Israel), FireEye  (US), Rapid7  (US), Thales  (France), and  Informatica  (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Blockchain AI Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

According to market research report “Blockchain AI Market by Technology (ML & NLP), Component (Platform/Tools & Services), Deployment Mode, Organization Size, Application (Smart Contracts, Payments, & Asset Tracking), Vertical (BFSI, Automotive, & Media), and Region – Global Forecast to 2025″, the Blockchain AI Market size is projected to grow from USD 228 million in 2020 to USD 703 million by 2025, at a Compound Annual Growth Rate (CAGR) of 25.3% during the forecast period. The increasing venture capital funding and growing investments in Blockchain AI technology to drive market growth.

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By component, the service segment to register the highest growth rate during the forecast period

The services segment includes various services required to deploy, execute, and maintain the blockchain AI platform in an organization. These services include technology advisory and consulting, system integration and deployment, and support and maintenance. As the blockchain AI platforms adoption increases, the demand for these services is also expected to increase. The Infosys High Tech practice enables manufacturers, microprocessors, and system-on-chip products to achieve operational efficiencies by leveraging the synergies between AI and blockchain technologies. The services segment has witnessed tremendous growth in recent years. Therefore, the services segment registers the highest growth rate during the forecast period.

Based on vertical, the BFSI to grow at the highest CAGR during the forecast period 

The BFSI segment is focusing on significant technologies, which help secure transactions for customers. In addition, the technology shift from centralized infrastructure management to the distributed ecosystem is paving the way for new business models in payments, internet banking, and financial transaction technologies by leveraging the power of both AI and blockchain solutions. Blockchain and AI solve different financial issues as a standalone solution. Still, they can work together to improve many business processes in the financial industry to make it smarter and perform more effectively. Therefore, BFSI registers the highest growth rate during the forecast period.

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North America to hold the largest market share during the forecast period.

North America has several prominent market players delivering Blockchain AI solutions to all end-users in the region. The US and Canada both have strong economic conditions and are expected to be major contributors to the Blockchain AI markets growth. The geographical presence, significant Research and Development (R & D) activities, partnerships, and acquisitions and mergers are the major factors for deploying Blockchain AI and services.

Market Players

Key and innovative vendors in the Blockchain AI Market include Figure Technologies (US), Cyware Labs (US), Core Scientific (US), NetObjex (US), Fetch.ai (UK), Ai-Blockchain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Computable (US), Finalze (US), Gainfy (US), Hannah Systems (US), LiveEdu (UK), Mobs (US), Neurochain Tech (France), Numerai (US), SingularityNET (The Netherlands), Stowk (US), Synapse AI (US), Talla (US), Verisart (US), VIA (US), Vytalyx (US), Wealthblock.AI (US), and Workdone (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Agriculture Analytics Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

According to market research report on “Agriculture Analytics Market by Application Area (Farm Analytics, Livestock Analytics, and Aquaculture Analytics), Component (Solution and Services), Farm Size (Small, Medium-Sized, and Large), Deployment Type, and Region – Global Forecast to 2025″,  published by MarketsandMarkets™, the global Agriculture Analytics Market size is expected to grow from USD 0.8 billion in 2020 to USD 1.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period..

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The growing trend of digitization and risk assessment and rising demand to improve agricultural supply chain management due to the COVID-19 pandemic driving the adoption of the Agriculture Analytics Market.

Increasing use of data by farmers to know more about their farms, and crops driving the adoption of managed services segment of agriculture analytics platforms during the forecast period

The growing need to outsource field related operation owing to a shortage of labor is expected to drive the growth of the managed services in the Agriculture Analytics Market. Managed service providers use their powerful analytical tools to collect, process, and analyze data to provide valuable insights to farmers. By these actionable insights, farmers can forecast their crop production, improve crop cultivation, and make better decisions.

Rising need to secure data by large farms to drive the demand for on-premises to hold a larger market size

Data security concerns among the end-users is contributing to the higher adoption of on-premises agriculture analytics solution globally. The on-premised agricultural analytics solution is majorly deployed by the large farms as it has better ability to invest. Moreover, large farms have wide variety of business segment with serving to broader geographical reason; hence data security is of utmost importance.

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North America to dominate the market during the forecast period  

North America is estimated to account for the largest share of the market in 2018. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies. The majority of farmers or growers in the region have deployed agriculture analytics solutions to optimize livestock, farms, orchid, forestry, horticulture and aquaculture farming.  Moreover, the North American region exhibits a wide presence of key industry players offering agriculture analytics solutions and its financial position enables it to invest majorly in the leading tools and technologies for effective business operations.

The major vendors covered in the Agriculture Analytics Market include Deere & Company (US), IBM (US), SAP SE (Germany), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US), aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US), Farmers Edge (US), GEOSYS (US), Granular (US), Gro Intelligence (US), Proagrica (UK), PrecisionHawk (US), RESSON (Canada), Stesalit Systems (India), AgVue Technologies (US), Fasal (India), AGEYE Technologies (US), HelioPas AI (Baden-Württemberg), OneSoil (Belarus), and Root AI (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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3D Mapping and Modeling Market Size, Share and Global Market Forecast to 2025 : MarketsandMarkets

According to new market research report “3D Mapping and Modeling Market by Component (Software Tools and Services), 3D Mapping Application, 3D Modeling Application, Vertical (Government and Defense, Engineering and Construction, Transportation and Logistics), and Region – Global Forecast to 2025″, the 3D Mapping and Modeling Market size to grow from USD 3.8 billion in 2020 to USD 7.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period.

The major factors driving the growth of the 3D mapping and modeling market are the high demand for 3D animation in mobile applications, games, and movies for the enhanced viewing experience, technological advancements in 3D scanners, 3D sensors, and other acquisition devices, increasing availability of 3D content, and the advent of 3D-enabled display devices for better navigation experience. Furthermore, the emergence of AI and Machine Learning (ML) technologies to boost the 3D content accuracy and HD 3D viewing customer experience are expected to provide opportunities for enterprises operating across several verticals in the 3D mapping and modeling market.

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The services segment to record the higher growth rate during the forecast period

On the basis of components, the 3D mapping and modeling market is segmented into software tools and services. The services are segmented to grow at a higher rate during the forecast period. The services play a vital role in the functioning of 3D mapping and modeling market as the vendors require technical support services and consulting services to manage the effective deployment of these software tools. The services ensure faster and smoother implementation that maximizes the value of enterprise investments. They are an integral step in deploying technology software and are taken care of by software tool and service providers. These services ensure the end-to-end deployment and maintenance of 3D mapping and modeling software tools and address pre-and post-deployment queries as well. These services help companies plan and strategize operations through design, implementation, adoption, and training.

The reporting and virtualization segment to record the highest CAGR during the forecast period

In the 3D mapping and modeling market by 3D mapping application, the reporting and virtualization segment is expected to record the highest CAGR during the forecast period. The 3D mapping and modeling market is segmented on the basis of 3D mapping applications such as, inspection and measurement, object reconstruction, projection and navigation, virtualization, and others (disaster, infrastructure, asset, and property management). Increasing demand for better visualization of 3D content to drive the growth of reporting and virtualization applications. Virtualization is the process by which graphical content is created using 3D software. The technology is being adopted by organizations to produce high-quality digital content. It helps 3D artists create spectacular visualizations that can be used in any industry. Real-time vitalization achieved via 3D mapping enables customers to better understand the designs and models.

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North America to hold the largest market size duringthe forecast period

North America is expected to hold the largest market size in the global 3D mapping and modeling market during the forecast period. The key factor favoring the growth of the 3D mapping and modeling market in North America is the increasing demand for the enhanced customer viewing experience to strengthen customer retention initiatives. Europe is expected to be in the second position in terms of market size and market share during the forecast period. The growing demand to reduce enterprise workloads related to internal and external communication monitoring is boosting the adoption of 3D mapping and modeling software tools in Europe. APAC is expected to record the fastest growth rate during the forecast period. The 3D mapping and modeling market is expected to witness considerable developments and adoption of software tools across APAC during the forecast period. The increasing number of players across different regions is further expected to drive the 3D mapping and modeling market.

Key and emerging 3D Mapping and Modeling Market players include Autodesk (US), Saab AB (Sweden), Golden Software (US), Trimble (US), Bentley Systems (US), Alphabet (US), Intermap Technologies (US), Airbus (The Netherlands), Esri (US), CyberCity 3D (US), Topcon (Japan), Dassault Systèmes (France), Adobe (US), Pix4D (Switzerland), Pixologic (US), Flight Evolved (US), MAXON (Germany), Onionlab (Spain), The Foundry Visionmongers (UK), Mitsubishi Electric (Japan), Apple (US), WRLD (UK), GeoDigital (US), GeoSLAM (UK), Mapbox (US), DeepMap (US), Civil Maps (US), Hivemapper (US), Ivl5 (US), Shapr3D (Hungary), Innersight (UK), Astrivis (Switzerland), Pointivo (US), and Dynamic Map Platform (Japan).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Business Process Automation Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to new market research report “Business Process Automation Market by Component, Deployment Type, Organization Size, Business Funtion (Sales and Marketing, HR, Acoounting and Finance, Supply Chain, Customer Service Support) Vertical, and Region – Global Forecast to 2026″,published by MarketsandMarkets™,  the global Business Process Automation (BPA) Market size is expected to grow from USD 9.8 billion in 2020 to USD 19.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period.

The Increased need for optimized resource utilization through automated business processes, rising demand of automated IT systems, growing demand for streamlining communication across varied business functions in organizations, and business agility are a few factors driving the growth of the BPA solutions.

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The market is expected to be driven by the for optimized resource utilization through automated business processes

The BPA platform automates repetitive manual processes and workflows. This enables users to automate their tasks and activities across a range of areas, including sales and marketing, HR on boarding, accounting, and customer support services, and provide integrations of different business systems for flexibility and ease of use. BPA solutions enable organizations to significantly reduce the time and cost needed to model and implement business processes, services, and applications. The rising popularity of these solutions can be attributed to the increasing need for streamlining business flows, adapting business processes, and continuously improving workflows to become more responsive toward customers’ dynamic requirements. They improve operational performance by automating and standardizing activities within enterprises. They also offer effective ways to connect heterogeneous systems within organizations, improve data quality, and reduce data entry efforts through workflow automation. Furthermore, they reduce the time required to create and modify business rules.

Increased scalability and flexibility is driving the adoption of cloud-based deployment

SMEs are majorly moving toward the adoption of the cloud deployment type due to its major benefits, such as lower costs, no requirement of manpower for hardware maintenance, faster and efficient results, and complete flexibility and scalability, which result in reduced Operational Expenditure (OPEX) and CAPEX. Seamless flexibility and scalability enable customers to easily store and retrieve actionable insights anytime and anywhere. The cloud-based deployment type enables users to easily access BPA platforms from a remote location in real time. Cloud-based BPA platforms provide cost-saving benefits, which improve enterprises’ operational efficiency and reduce operational costs. Lower maintenance costs and less workforce are expected to drive the adoption of cloud-based BPA platforms across verticals.

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North America to dominate the global BPA Market in 2020

North America has always been technologically ahead in terms of the adoption of advanced technologies due to high awareness among enterprises regarding the benefits and presence of expertise among the workforce to develop innovative solutions across all technology segments. The BPA market is another technological segment where enterprises in North America have stayed ahead in the curve to enhance sales and marketing strategies. This growth can be attributed to organizations’ shift from on-premises to cloud-based solutions and services, along with the adoption of digital business strategies. The trend is expected to continue during the forecast period. North America is an advanced market due to the presence of many players offering BPA solutions. Moreover, its strong financial position enables it to invest heavily in the adoption of the latest and leading tools and technologies for ensuring effective business operations. Such advantages help organizations in this region gain a competitive edge. North America has the first-mover advantage in the adoption of new technologies, such as Smartphone’s and cloud platforms.

Market Players

The Business Process Automation Market includes major vendors, such as IBM (US), Pegasystems (US), Appian (US), Kissflow (India), Laserfiche (US), Nintex (US), Oracle (US), Software AG (Germany), Salesforce (US), Microsoft (US), Bizagi (UK), OpenText (Canada), TIBCO (US), Creatio (US), Genpact (US), DXC Technology (UK), Newgen Software (India), Bonitasoft (France), Kofax (US), FlowForma (Ireland), AuraQuantic (US), AgilePoint (US), Automation Hero (US), Quickbase (US), and Cortex (UK).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.

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Blockchain Supply Chain Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to new market research report “Blockchain Supply Chain Market by Offering (Platform, Services), Type (Public, Private, and Hybrid and Consortium), Provider, Application (Asset Tracking, Smart Contracts), Enterprise Size, Vertical (FMGC, Healthcare), and Region – Global Forecast to 2026″,  published by MarketsandMarkets™, the Blockchain Supply Chain Marketsize to grow from USD 253 million in 2020 to USD 3,272 million by 2026, at a Compound Annual Growth Rate (CAGR) of 53.2% during the forecast period. Increasing popularity of blockchain technology in retail and SCM, growing need for supply chain transparency and rising demand for enhanced security of supply chain transactions are major growth factors for the market.

Growing need for automating supply chain activities and eliminating middlemen and rising government initiatives would provide lucrative opportunities for vendors in the Blockchain Supply Chain Market.

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By offering, Platform segment to hold the largest market size during the forecast period

The blockchain platform enables customers to set up private, public, and consortium-based blockchain environments as well as enable people, products, applications, and services to interoperate across the blockchain network. Blockchain supply chain platforms also help enterprises in avoiding risks through fraud and risk management applications and optimize their daily operations, leading to reduced operational costs. Another important advantage is the relative simplicity of managing read/write access permissions over blockchain. The access to blockchain is restricted so that the data is not tampered with. This results in a platform that keeps full track of each and every item in real-time, including additional information as per the given requirement, making blockchain-based supply chain management platforms highly efficient and reliable. The growing emphasis on compliance as well as government regulations are also expected to fuel the adoption of blockchain solutions, especially in highly regulated regions, such as North America and Europe.

In provider, application providers to grow at a higher CAGR during the forecast period

Application providers are third-party entities that distribute and manage blockchain solutions for customers across application areas. Blockchain solutions are outsourced to meet the technological needs of businesses. Blockchain offers a historical record of all transactions since the beginning of the technology and serves as a single source for extracting information and is integrated to maintain the privacy of data. Market vendors provide different blockchain solutions, such as digital identity management, payments, exchanges, documentation, Governance, Risk, and Compliance (GRC) management, and smart contracts. These vendors provide blockchain technologies that are expected to deliver high business value to companies by reducing the duplication of transactional data and providing periodic reconciliation and authentication for commercial and regulatory needs. The introduction of technologically-advanced solutions has witnessed a certain level of adoption in government agencies, thereby fuelling the overall market growth.

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North America to hold the largest market size during the forecast period

North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. Factors such as increased adoption of IoT, ML and AI-based technologies for digitizing supply chain operations, increasing digitization and increasing demand for cloud-based blockchain supply chain services among enterprises, especially SMEs, due to advantages such as scalability and cost effectiveness are expected to fuel the growth of blockchain supply chain in th region

Major vendors in the global Blockchain Supply Chain Market include IBM (US), Microsoft (US), SAP SE (Germany), Amazon Web Services (AWS) (US), Oracle (US), Huawei (China), Guardtime (Estonia), Tibco Software (US), Bitfury (Netherlands), Interbit (Canada), Auxesis (India), Vechain Foundation (China), Chainvine (UK), Digital Treasury Corporation (DTCO) (China), Datex Corporation (US), OpenXcell (US), Algorythmix (India), Blockverify (UK), Applied Blockchain (UK), Transchain (France), Omnichain (US), Ownest (France), Traceparency (France), Peer Ledger (Canada), OARO (Spain), and Records Keeper (Spain).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC. 
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Influencer Marketing Platform Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

According to a market research report “Influencer Marketing Platform Market by Component, Application (Search and Discovery, Campaign Management, Influencer Relationship Management, and Analytics and Reporting), Organization Size, End User, and Region – Global Forecast to 2025″, published by MarketsandMarkets,  the global Influencer Marketing Platform Market size to grow from USD 6.0 billion in 2020 to USD 24.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 32.0% during the forecast period. Various factors, such as the customers’ shift toward video-based content across the OTT space and an increase in the adoption of ad-blocking software are expected to drive the adoption of the Influencer Marketing Platform Market.

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COVID-19 has shocked the entire world. Many businesses are fighting to survive and are using different marketing strategies to recover the loss. As per the Global Web Index survey, over 80% of consumers in the US and UK say they’ve consumed more content during COVID-19. This has posed a good opportunity for brands and influencers to engage with their audiences with impactful messaging. The importance of influencer marketing as a core marketing strategy has grown during the COVID-19 crisis. Companies must continue to depend on influencers to act as their spokespeople and execute their messaging in a trustworthy and human way. The effects of COVID-19 will be long-term, and as a result, marketing strategies must be revised to suit the new environment in which smaller and larger companies are surviving currently. Through the personal views and support of followers, influencers will continue to shape the conversations occurring in the post-lockdown world.

The solution segment to hold a larger market size during the forecast period                                                                                                                                                                                                                                                
The Influencer Marketing Platform Market, by component, has been segmented into solutions and services. The solution segment is expected to grow rapidly in the coming years in the Influencer Marketing Platform Market as influencer marketing is increasingly becoming a necessity for marketers. Collaborating with influencers can help create online buzz about the company’s brand. In addition, it can strengthen the brands reputation, improve audience engagement, and increase conversions.                                                                                           

The health and wellness end-user segment to hold higher CAGR during the forecast period                   

The Influencer Marketing Platform Market by end-user has been segmented into fashion and lifestyle, agencies and PR, retail and consumer goods, health and wellness, ad-tech, banking and finance, travel and tourism, and other end users (gaming and pet care). The health and wellness end-user segment is expected to hold higher CAGR during the forecast period in the Influencer Marketing Platform Market. Health and wellness brands have seen better results from influencer marketing when partnering with influencers on a long-term basis. This mindset shift sees influencers act like creative partners rather than paid sponsors. Health and wellness brands opting for niche influencers attract a hyper-targeted, mobilized audience, which serves as an important factor for the growth of influencer marketing solution in the health and wellness end user segment.                                          

Among applications, the influencer relationship management segment to grow at a higher CAGR during the forecast period                                                                                                                                                                

The application segment of the Influencer Marketing Platform Market includes search and discovery, campaign management, influencer relationship management, analytics and reporting, compliance and fraud detection, and other applications (workflow automation and time management, and third-party integration). Organizations work with various social media personalities to promote their brands through influencers’ social media accounts. This enhances brand awareness, customer reach, and brand value among the followers of influencers. Influencers play a vital role while conducting influencer marketing campaigns leading to the growth of influencer relationship management application.

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North America to hold the largest market size during the forecast period                                                   

North America is expected to have at the largest market size during the forecast period. The continuous adoption of influencer marketing platform solution and services across all the major end users is expected to drive the market growth in North America. The governments in North America are focusing and investing substantially in AI and ML technologies, while they are also reaping the benefits of influencer marketing platforms in the US and Canada.                                                                                                                                                                    

APAC is projected to grow at the highest CAGR during the forecast period due to the rising number of social media users in the region. The influencer market has increased in APAC due to the growing population and the fact that APAC is a mobile-first region. With its youthful demos and an increase in use and speed of social platforms, Asia has become the perfect environment for influencer marketing leading to the growth of the Influencer Marketing Platform Market in APAC.

Major vendors in the global Influencer Marketing Platform Market include IZEA Worldwide (US), Quotient Technology Inc. (US), Launchmetrics (US), JuliusWorks, Inc. (US), Traackr, Inc. (US), Upfluence Inc. (US), Klear (US), AspireIQ (US), CreatorIQ (US), Mavrck (US), Impact Tech, Inc. (US), Brandwatch (UK), Linqia, Inc. (US), Onalytica (UK), Social Beat Digital Marketing LLP (India), ExpertVoice Inc. (US), Lefty (France), Lumanu Inc. (US), InfluencerDB (Germany), Taggermedia (US), Heepsy (Spain), Fourstarzz Media LLC (US), Juulr B.V. (The Netherlands), Intellifluence (US), Insense Ads, Inc. (US), Talent Village Ltd. (UK), The Room (UK), Blogmint (India), Zine Ltd. (UK), and Captiv8 Inc.         (US).

About MarketsandMarkets™                                                                                                  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.                             

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.                                                                                                     

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
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USA : 1-888-600-6441 
sales@marketsandmarkets.com
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