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Global ICT spending reached $2.8 trillion in 2019, registering 3.6% YoY growth. While ICT spending is currently prioritized towards business continuity and solutions to better cope with the pandemic and a post-pandemic business environment, Frost and Sullivan predicts a shift in IT spending patterns, which will lean more towards digital and emergin...

Current text processing solutions are capable of analyzing tabular structured data formats with numerous rows and columns that are easier to process and store. This includes names, phone numbers, and addresses. Text artificial intelligence (AI), also referred to as text mining, is a technology that uses natural language processing (NLP) to con...

Digital transformation of the security ecosystem is progressively disrupting traditional patterns. Frost & Sullivan provides a brief quarterly analysis on key trends across the market. The Digital Gazette provides an overview on key developments and contracts in the security industry and the relevant partnerships forged amongst its stakeholders aro...

The sudden shift to remote work for millions of people has created an exponential demand for video meetings. In H1 2020, cloud video meeting providers reported massive growth in usage. Growth in video devices was primarily driven by webcams and all-in-one appliances for remote workers while meeting rooms remained in a holding pattern during the CO...

10 Aug 2020  |  Global  |  Market Research

5G-powered Digital Economy Catalyzing the Global Wireless Technology Market, 2020–2024

IoT, SDN, and Low-power Consuming Wireless Technologies to Drive Growth Opportunities

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The global wireless technology market is well established and is witnessing a period of dynamic growth. This market is expected to expand its revenues from $1,431.30 billion in 2019 to $5,519.40 billion by 2024, at a CAGR of 31.0%. Wireless technology is used for enabling connectivity between different communication networks, within enterprises, or...

11 Mar 2021  |  Global  |  Market Research

State of the Global Video Conferencing Devices Market, Forecast to 2025

Hybrid Work and Growing Number of Meeting Spaces Propel Adoption

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The $2.75 billion global video conferencing devices market represents a secular growth opportunity driven by the long term, sustainable demand for video meetings to connect remote workers and geographically dispersed teams. Growth in 2020 was primarily driven by adoption from remote workers, digital healthcare and online education. As travel and pr...

18 Jul 2022  |  Global  |  Market Research

Global Big Data Analytics Software for Test and Measurement Growth Opportunities

Industry 4.0 and Sensor Technology Innovations Power Transformational Growth

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The global Big Data analytics software for test and measurement market is estimated to experience 7.8% compound annual growth rate from 2021 to 2026. It generated $70.8 million in revenue in 2021, with a base year growth rate of 4.9%. Its growth is attributed to the adoption of Industry 4.0 practices and advanced technologies for improved operation...

Frost & Sullivan defines the facility management (FM) market revenue as end-user contracts in outsourced FM services and exclude in-house FM services and small FM. Outsourced FM that this study analyzed is termed as ‘FM market’. From now until 2027 will be the defining period for next-generation solutions in the FM market. As the market rebounds...

13 Sep 2021  |  Global  |  Market Research

Global Gas Sensors, Detectors, and Analyzers Growth Opportunities

Future Growth Potential Due to Increased Safety and Security Requirements of Gas Sensors, Detectors, and Analyzers

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Key Benefits

The global gas sensors, detectors, and analyzers market is estimated to experience an approximate 3.6% compound annual growth rate (CAGR) from 2020 to 2025. End-user analysis of the following industries is discussed: • Oil & Gas • Chemicals & Petrochemicals • Water & Wastewater • Metals & Mining • Power Generation & Transmiss...