ICT News World

The device type segment of the AR and VR market is bifurcated into AR devices and VR devices. The AR devices category is further classified into head-mounted displays (HMDs), head-up displays (HUDs), and handheld devices. Whereas, the VR devices category is classified into HMDs, gesture-tracking devices, and projector and display walls. Under this segment, the HMDs category held the largest market share during the historical period (2014–2019), and it is expected to demonstrate significant growth during the forecast period, due to the booming demand for lightweight displays and soaring number of patented products. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/augmented-reality-and-virtual-reality-market/report-sample Geographically, North America accounted for the largest share in the AR and VR market during the historical period, and it is projected to register notable growth throughout the forecast period. This can be credited to the increasin...

The vertical segment of the low-code development platform market is categorized into information technology (IT), BFSI, healthcare, retail, government, education, media and entertainment, energy and utilities, education, and others such as automotive, telecom, hospitality, pharmaceuticals, and logistics. Among these, the IT category accounted for the largest market share in 2019, and it is projected to continue this trend throughout the forecast period. This is due to the early adoption of new technologies by IT firms and the development of numerous web and mobile applications by such companies. According to P&S Intelligence, the North American low-code development platform market generated the highest revenue during the historical period (2014–2019). This was due to the presence of a technologically literate population, early adoption of novel technologies, hefty IT expenditure, and vast disposable income of people in the region. Additionally, the strong presence of low-code dev...

With the increasing penetration of the internet and smartphones, the viewership of online content is surging sharply. As per the World Bank, the number of internet users across the world increased from 34.2% of the global population in 2012 to 51.1% in 2019. Nowadays, consumers can easily access over-the-top (OTT) content via internet-connected phones (both iOS and Android mobile phones), set-top boxes, tablets, gaming consoles, desktops, laptops, and smart TVs. Moreover, the average time spent by people on smart devices is growing rapidly, as people are now able to view content easily and with minimal latency on their smart devices, owing to the high internet penetration. Furthermore, the internet is greatly impacting the consumption and distribution channels for media. Get the Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/ott-services-market/report-sample With the development of advanced technologies such as optical fiber, 5G, and 4G/LTE networks and in...

Accenture plc and Qualcomm Incorporated announced a collaboration with InterContinental Hotels Group in January 2020 for pilot-running a solution that uses both VR and AR to improve the event planning experience. Depending on industry, the extended reality market is categorized into industrial & manufacturing, retail, education, media & entertainment, healthcare, aerospace & defense, and gaming. Out of these, the industrial & manufacturing category dominated the market in 2019, due to the extensive usage of immersive technologies for training and development in various heavy industries such as chemicals, mining, and oil & gas. Across the globe, the extended reality market is expected to demonstrate the fastest growth in the Asia-Pacific (APAC) region in the forthcoming years. This will be because of the increasing use of immersive technologies for gaming, media & entertainment, and various other purposes and soaring internet penetration in the region. In additi...

The increasing prevalence of cybercrimes is driving the demand for artificial intelligence-powered cyber security solutions across the world. Cyber frauds such as payment card thefts and identity thefts account for more than 55% of all cybercrimes. Moreover, these crimes cause huge losses to companies, if not handled quickly. As a result, many enterprises are adopting AI-based solutions that combat cybercrimes by reducing response time, identifying threats, and refining the measures used for distinguishing attacks that need immediate attention. In August 2019, it was stated by the U.S. Government Accountability Office (GAO) that despite taking proper measures to combat cyber-attacks, the prevalence of these attacks is rising sharply every year. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-cyber-security-market/report-sample Besides this, the increasing popularity of the bring-your-own-device (BYOD) policy is also fueli...

The booming population is putting immense pressure on the agrarian community to produce more of all kinds of crops, dairy products, and meats than ever before. In addition, the growing cities, which are eating up agricultural land, are making this task increasingly difficult. This is why the focus at the individual farmer and government levels has started shifting toward modern ways of practicing agriculture. Like most industries, agriculture is now embracing digitization and, with it, its various components, such as drones, robots, and sensors. To make all these systems more effective and the cultivation and animal husbandry processes more fruitful, artificial intelligence (AI) is being leveraged. As per P&S Intelligence, this will be the key reason behind the growth of the AI in agriculture market from $852.2 million in 2019 to $8,379.5 million by 2030, at a 24.8% CAGR between 2020 and 2030.  The purpose of using AI in agriculture is to offer real-time updates on sowing and ...

Currently, service providers such as Box Inc., Amazon Web Services (AWS) Inc., International Business Machines (IBM) Corporation, Atos SE, NetApp Inc., Google LLC, Kapalya Inc., McAfee LLC, Microsoft Corporation, Unbound Tech Ltd., HyTrust Inc., Oracle Corporation, StorMagic Ltd., and Zettaset Inc. are developing advanced key management platforms for the retail and e-commerce, banking, financial services, and insurance (BFSI), IT and telecom, aerospace and defense, healthcare, and government sectors.  These industries use such platforms for disk, cloud, communication, database, and file/folder encryption applications. Geographically, North America dominated the key management as a service market in the recent past, due to the extensive use of data center services and analytical tools, high preference of businesses for multi-cloud, rapid adoption of advanced technology to mitigate cyberattacks, and strong presence of cloud service providers in the region.  Get the Sample Copy o...

The global network telemetry market revenue stood at $200 million in 2020 and it is predicted to rise significantly during 2021–2030 (forecast period). The factors driving the expansion of the market are the surging digitalization rate, soaring prevalence of network security attacks, increasing adoption of network telemetry solutions by many service providers and organizations such as consultancy providers and telecom firms, and the burgeoning requirement for the optimization of network infrastructure. In recent years, the incidence of cyberattacks has increased massively, primarily because of the surging penetration of the internet across the world. During these attacks, the servers and networks of organizations are penetrated and confidential data is stolen, thereby causing huge losses. Moreover, many programmers are hacking into computers and stealing data from various sources such as from the internet of things (IoT) gadgets that are commonly used in a centralized network. Thus, i...

One of the prime factors propelling the demand for deep learning solutions is their surging adoption in contact centers. These centers are the largest users of such algorithms, which help them in enhancing first-call resolution, shortening the call duration, improving the customer satisfaction, and reducing the call volume, which, in turn, increases the revenue of companies. On the basis of the nature of the solutions, the calls are efficiently routed to the concerned people possessing satisfactory knowledge, and these algorithms help in decreasing the time taken for issue resolution. Based on industry, the deep learning market is classified into banking, financial services, and insurance (BFSI), healthcare, manufacturing, automotive, retail, and others. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/deep-learning-market-report/report-sample Among these, the healthcare industry is projected to generate the largest demand for deep learning so...

Mobile virtual network operators (MVNOs) refer to resellers of wireless communication services. These operators lease wireless capacity from third-party mobile network operators (MNOs) at wholesale prices and resell it to customers at lower retail costs under their brand. Since the advent of this technology, MNOs have been increasingly collaborating with MVNOs to optimize the use of their resources and generate more profit.  Over the years, MVNOs been capitalizing on the consumer acquisition and marketing capabilities of MNOs to increase their wholesale revenue. As MVNOs meet the soaring needs of customers through the optimum use of the existing telecom infrastructure of MNOs, their success largely depends on the value proposition for target customers and unique brand positioning.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/mobile-virtual-network-operator-market/report-sample To attract potential customers, MVNOs are coming up with sh...

Factors such as the increasing number of data breaches, rising adoption of the bring-your-own-device (BYOD) policy in workplaces, surging deployment of cloud computing technologies, and growing focus on digital transformation and data loss among enterprises are expected to drive the growth of the data protection as a service market during the forecast period (2021–2030). Moreover, the high demand for securing confidential data, large volume of data generation, and increase in the adoption of advanced technologies like the internet of things (IoT), machine learning (ML), and facial recognition are also supporting the market growth. One of the prime factors driving the demand for DPaaS solutions is the rising number of data breaches. A data breach is a security incident in which confidential data, such as credit card details, social security numbers (SSN), pan card details, or other sensitive information, is accessed by hackers. This occurs due to the improper configuration of networks,...

Augmented reality (AR) and virtual reality (VR) technologies are reaching the masses through various platforms, such as tablet computers and smartphones. With the surging adoption of such consumer electronic devices, they are becoming a potential hardware interface for associated applications. In recent years, technological innovations in such devices have helped in reducing the prices of AR and VR solutions. Currently, AR and VR technologies developers and devices manufacturers are increasingly focusing on product launches and partnerships to strengthen their presence among customers. Moreover, the rapid advancements being made in the domain of optics, including light-field technology, will lead to the development of flexible, affordable, and compact displays for smart glasses and headsets, which will further amplify the use of such solutions in the coming years. Additionally, the rising adoption of such technologies among enterprises will also accelerate the AR and VR market at 42.9%...