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Global Commerce Cloud Market

The GMI Research foresees an expansion in the Commerce Cloud Market over the forecast period. This is because of the sudden drift of various businesses towards online platforms.

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Commerce Cloud Market Dynamics

Commerce cloud refers to a cloud-based service which certifies the enterprise to generate an integrated way companies involve with consumers across multiple devices. The main motive of commerce cloud is to allow brands and customers offer a seamless service and experience. The key force supplementing the growth of the global commerce cloud marketincludes the augmenting emphasis of organisations to improve customer experience. The evolving need to maximise the functional effectiveness will further strengthen the market size. Commerce Cloud offers an integrated buying experience and various features like extensibility, are further fuelling the growth of the market. In addition, the growing number of business switching to online platform and the surging need to handle multiple storefronts will further impel the market growth. However, dubiousness related with the usage of Cloud-Based Solutions is restraining the commerce cloud share.

Regional Drivers

North America is projected to lead the market with the highest CAGR over the forecast period owing to extensive acquisition of commerce cloud platform and solution among various enterprises adoption and invention of novel technologies such as Artificial Intelligence, machine learning, deep learning to maintain their competitiveness in commerce cloud market. Additionally, North America has established a nation that allows the vendor to invest novel technologies. Further, Asia-pacific is projected to expand at a higher rate during the forecast period owing to the existence of several small, medium and large enterprises swiftly adopting commerce cloud to extend their presence in countries like Australia, China, Japan, and India.

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B2C E-Commerce Market Hyper Converged Infrastructure Market Business Process Automation Market Wi-Fi Market Customer Analytics Market Automotive Natural Gas Vehicle Market
Global Digital Farming Market

The GMI Research contemplates an augmentation in the Digital Farming Market over the coming years. This is because of the mounting agitation towards food safety and nutrition and the accessibility of freshly harvested crops.

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Digital Farming Market Dynamics

Digital farming method proffers livestock supervision, less investment, and livestock supervision. The global digital farming market is majorly driven by the robust demand for food grains, fruits, timber, and vegetables with the reducing rate of fertile land across the nation, are the prominent forces complementing the market demand. Further, rapidly increasing digitalisation and the ongoing technological modernisation in the agriculture industry have encouraged the acquisition of digitalised agriculture methods to enhance the yield quality, reduce human efforts, thereby elevating the comprehensive productivity of farmers via the usage of several instrument and intelligent devices. Besides this, the rising prominence of green farming methods and the robust demand for high quality crops among the commercial farmers and growers are further persuading them to choose digitalised farming techniques to cater the increasing demand of the intended customers. However, the excessive initial capital cost and the insufficient awareness regarding digital farming among the farmers is projected to hinder the Digital Farming market size.

Regional Drivers

On the basis of geographical analysis, the North America region is projected to grow at a faster CAGR during the forecast period. This is attributed to the surging application of digital farming technologies, primarily across the United States of America and Canada, and the robust investment in the Research & Development activities to introduce technological innovations in the farming methods. In addition, the initiation of various farming management software and instrument will strengthen the market growth.

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Education Technology Market Podcast Market Property Management Software Market IT Services Market China Gaming Market Business Analytics Market
Global Connected Car Market

The Connected Car Market will elevate at a higher rate over the forecast period. This is because of the rapidly accelerating urban population, increasing emphasis towards the introduction of platforms, and the inclination towards technology-driven vehicles to have a better driving experience.

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Connected Car Market Dynamics

The integration of modernised diagnostic system in the connected car to keep a check on the carbon emission and fuel consumption by vehicles in order to supervise the overall hearth of engine is the foremost reason responsible for the growth of the global connected car market. Further, the intensified initiatives by the government to establish smart transportation system to ameliorate the safety of passengers and drivers will strengthen the Connected Car market opportunities. Further, several leading global giants are increasingly emphasising on the establishment of sophisticated connecting systems which operates in the same way as tablets and smartphones are promoting the market growth. Also, the surging demand for better user comfort and the increasing tendency of in-vehicle connectivity solution among the desired consumers are other factors stimulating the market growth. The in-vehicle connectivity solution helps individuals to sync their smartphones to enable the users receive or make phone calls, thus alluring a large number of individuals to adopt connected cars. However, the risk of breakage of in-vehicle solutions will restrain the Connected Car market size.

 

Form Segment Drivers

On the basis of form, embedded form of connectivity is projected to witness a significant growth during the forecast period. This is because of the mounting demand of cloud-based services and the convenient availability of economical service plans. As per the Connected Car market research, embedded connectivity solution in the car enables distant diagnostics, thereby bolstering the market growth. In addition, the rigorous norms enforced by the government of various nations in order to authorise the embedded form of connectivity will strengthen the market growth.

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GMI Research is a statistical surveying and counselling organization that offers business experiences and statistical surveying reports for huge and little and medium ventures. Our reports assist the customers in formulating key business strategies and accomplish feasible development in the specific market area.

 

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Fuel Cell Market

Electric Vehicle Market Electric Vehicle Component Market Electric Vehicle Charging Station Market Logistics Market Autonomous Vehicle Market
Global Private Cloud Server Market

The GMI Research report presents that the Private Cloud Server Market will encounter a robust growth over the forecast period. This is because of the ongoing technological modernisations and mounting energy consumption.

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  Private Cloud Server Market Dynamics

The rapid expansion in the IT sector and the sudden drift of business organisations towards cloud infrastructure as an economical solution to decrease IT and infrastructural cost for installation of physical server is a prime reason contributing to the growth of the global Private Cloud Server Market. It proffers remarkable advantages, such as robust safety level, real-time and faster data access, multiple interrelated networks, cost cutting, prompt resource allocation, and internationally linked servers. Further, as per the Global Private Cloud Server Market Outlook, the surging espousal of bring your own device,, rising usage of a mobile workforce, and technological innovations concerned with the firewalls, threat supervision, and space accessibility will proffer remarkable opportunities for the market growth. The market growth is also driven by their remarkable benefits to enterprises by operating their IT systems in a private cloud environment. However, the stationing, control, and support of private cloud is relatively costly and time demanding than the public cloud service. Also, the private clouds are more costly than public clouds, which will further restrain the global Private Cloud Server market size.

Regional Drivers

The North America region is anticipated to dominate the growth of the market over the forecast period. This is due to the fast economic enhancement and increasing espousal of cloud computing technologies for actual data availability among business organisations across several industry verticals which include banking, IT, defence, and retail. The Asia-Pacific region is contemplated to witness a faster rate over the forecast period. This is primarily because of the rapid industrialisation and accelerating number of SMEs. Moreover, the increasing espousal of cloud based services and Bring Your Own Device trend in the emerging economies which include, Japan, China, India, and South Korea will drive the global Private Cloud Server market growth.

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Video Conferencing Market Bitcoin Technology Market Smart Cities Market Private 5G Network Market Mass Notification Systems Market Multi Cloud Management Market  
Global Hyper-Converged Infrastructure Market

The study conducted by the GMI Research reveals that the Hyper-Converged Infrastructure Market will boom in demand over the forecast period. This is because of the assistance of these systems to incorporate all their parts in the premises.

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Introduction of the Hyper-Converged Infrastructure Market

Hyperconverged Infrastructure refers to software defined and amalgamates system that incorporates all the elements of a conventional data center, i.e., stockpiling, computation, networking and management. It includes software-defined networking, virtualized reckoning and storage. It also assists to restrict the requirement of a separate storage area network leading to a reduction in operating costs in any system.  

Hyper-Converged Infrastructure Market Dynamics

The forces stimulating the growth of the global Hyper-Converged Infrastructure market include the potential to recover from disaster and optimization of operational and capital expenditure. It has earned huge traction over past few years amid organisations to educe its ability to organise the usage of novel workloads, facilitate infrastructural management and minimize the operational cost. This has supplemented the growth of the HCI market. HCI architecture is established with a feature to expand exponentially that has positively impacted the growth of the market. Business-acute applications which are currently disposed on three-tier IT infrastructure will transform to hyper-converged infrastructure as it provides an incorporated stack, infrastructure systems, and reference architectures. However, issues with extensibility and cloud congeniality will restrain the Hyper-Converged Infrastructure market size.

Application Segment Drivers

Based on the Application, the Data center consolidation segment is projected to seize a larger share in the forecast period. HCI is accessible with data reduction properties, such as deduplication and truncation. These features offered by HCI reduce the comprehensive hardware requirement in the infrastructure of data center. Moreover, as per the Hyper-Converged Infrastructure Market forecast, it decreases the need to differentiate the backup software, and deduplication appliances. Organizations are ongoing switching to infrastructure and cost minimisation projects. HCI system assists enterprises to incorporate all or an element of their data center in their establishment. Hence, all the above factors will stimulate theHyper-Converged Infrastructure market share.

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Asia-Pacific Cloud Computing Market Family Entertainment Centers Market Wearable Technology Market 5G Technology Market Cryptocurrency Market Insurtech Market

 

Global Application-level Encryption Market

The GMI Research affirms that the Application-level Encryption Market will rise over the forecast period. This is because of the swift growth of SMEs and increasing initiatives by government to encourage small businesses.

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Application-level Encryption Market Dynamics

The forces proliferating the growth of the global application-level encryption market include their assistance to enhance data precision in the digitally encoded form. Improving data precision helps to minimize the functional cost and facilitates the data-related serviceable process. The augmenting acquisition of encoded software to evade the chances of cyber-attacks will fuel the market growth. Further, rapid digitalisation across several organisations to stimulate the functional effectiveness will contribute to the market growth. Almost all organisations are investing in encrypted technology to proffer safety to private information and enhance the functionality. Moreover, the data encryption providers are offering and incorporating latest ALE solutions to encrypt the data before writing and reading on the server. The new data saved on the server is reserved in a coded way, so it becomes exigent to violate security to decipher without the certified consent. Besides this, the surging espousal of encryption technologies amid small and medium enterprises to evade internal violations within an organisation is another factor projected to propel the market growth. However, excessive set up costs will restrain the market growth.

Deployment Mode Segment Drivers

The cloud segment is expected to dominate the market over the forecast period. Factors such as economical cost and reduced transmission time will supplement the market growth. Several remarkable storage providers and functional systems such as Google Cloud and Amazon Web Services, are offering data-at-rest encryption.

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Data Center Rack Market ERP Software Market Conversational AI Market Online Mobile Game Market Parking Management Market Geospatial Imagery Analytics Market
Global IT Services Market

The GMI Research predicts that the IT Services Market will perceive an increase in demand over the forecast period. This is because of the application of AI technology across various applications, such as production and design industry and rapid digitalisation.

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Introduction of the IT Services Market

IT services is the implementation of technical and business proficiency in order to allow enterprises create, control, and improve the information and business procedures. This service should offer assistance in order to attain a specified objective that is advantageous to them. The incorporation of cloud services and artificial intelligence has raised the demand for IT services across various verticals.

IT Services Market Dynamics

The growing reliance on cloud computing and infrastructural activities is projected to stimulate the growth of the global IT services market. Further, the surging espousal of cloud computing to accomplish serval international business operations will strengthen the market growth. The strategic initiatives by leading market players, such as, merger, extension, and amalgamation, have further added to the market growth. For example, Tata Consultancy Services (TCS), in 2020, expanded its business in Austin, Texas, by constructing a new facility. Also, TCS, by 2022, intents to hire an added 130 new employees in Austin and plans to invest over US$ 100 million by next seven years. In parallel, Wipro, In 2020, declared a merger with Verifone a contract for several years to drive nimbleness across its cloud service offerings. Moreover, as per the IT services market analysis enormous specialists presented that cloud computing will prove to be the most significant innovation in the future as the software as a provider will gauge for a huge share of workforce, thus elevating the market growth.

Besides this, the widespread outburst of the coronavirus had a positive influence on the market growth. The cloud based services experienced a robust demand primarily because users have relied more on digital services due to the lockdown enforced throughout the nation, which has raised the IT services market size. However, the excessive cost incurred on the licensing for these IT solutions is one of the major force restraining the market growth.

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Contract Research Organization Services (CRO) Market Cloud Billing Market Security as a Service Market Content Delivery Network Market Network as a Service Market Healthcare Analytics Market

 

Global Parking Management Market

The GMI Research report envisages an elevation in the Parking Management Market size over the forecast period. This is because of its assistance to reduce the management cost and certify enhanced business legerity.

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Parking Management Market Dynamics

The evolving need of traffic management and fuel saving is a foremost reason responsible for the growth of the global Parking Management Market. Traffic flocking has raised serious issues, primarily in large cities, obtusely populated, which is another driver for the market growth. U.S. drivers disburse approximately 14.5 million hours every day cling in traffic. Boston drivers squander nearly 137 million hours each year stuck in the traffic jams. The increasing obstruction on the road’s has captivated consumers towards parking management solutions. Furthermore, the accelerating penetration of smartphones has strengthened the market growth. For example, smartphones increasingly employ parking management apps depending on camera, GPS, and NFC to recognise the empty space in a nearby parking. Thus, as per the global Parking Management Market research,  the sudden surge in developing technologies has stimulated key urban areas to modify into smart cities. The increasing initiatives undertaken by government towards the smart city across the world are projected to provide opportunities for the vendors of smart parking management solutions, which can be incorporated in smart city solutions. Smart cities demand extensible, user-friendly, flexible and spacious parking systems which can be tackled by intelligent parking management systems.

The ongoing technological innovations across the country have enhanced the customer satisfaction and stimulated the car parking management solutions. For examples, e-payments make use of bank wallets and the internet have significantly contributed to the expansion of the parking management system. However, as per the global Parking Management Market analysis, the increase in e-cars also needs charging stations. E-bike requires only 1 hour for charging the stations can be implemented as parking space, responsible for the growth of the parking management market.

However, the parking management system includes several hardware and software to manage te designs and infrastructure. Thus, the incorporation of all the sensors and traffic control instruments in unified units makes it a complex function and thus, curbing the Parking Management Market Size.

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Blockchain Market

Influencer Market

Over-the top Market

India Internet of Things Market Personal Cloud Market Wearable Technology Market
Global Smart Learning Market

The Smart Learning Market will perceive a robust growth over the forecast period. This is because of the augmenting endorsement of sophisticated technologies and mobile applications for learning among teachers and students.

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Smart Learning Market Dynamics

The development of smart cities has stimulated the application of smart solutions for education and use learning methods by the usage of ICT technology and the augmenting demand for digital education among consumers, employers, and students are accounted to be the chief reasons contributing to theGlobal Smart Learning Market. Also, the surge in the number of connected devices in the education industry has further strengthened the market growth. In addition, the ongoing technological development in smart learning, increasing implementation of advanced technologies, such as artificial intelligence and machine learning and various research and development activities will impel theSmart Learning Market Size.

Besides this, the surging endorsement of smart learning by the government of several nations is paving the way for market growth. Further, several advantages offered by the E-learning solutions include, scalability, user-friendliness, time-saving, stability, and flexibility make the resources accessible for everyone at every time, leading to massive adoption of e-learning solutions, thereby complementing the market growth. However, as per the Smart Learning Market Research Forecast Report, insufficient awareness concerned with modernised technologies and inflated cost associated with the production of content for E-learning will restrain the market growth.

In accordance with the rule book and smart cities mission assertion released by the Housing and Urban Affairs Ministry suggests the establishment of the main infrastructure elements, including smart solution for education across various government schools. The main motive behind this is to offer state of the art education to students by the application of information and communication technology.

Component Segment Drivers

The software segment is projected to perceive a faster growth over the forecast period. This is because of the growing insertion of software to offer institutions with well-developed Planning systems to allow the faculty members to enhance the efficiency, data safety & quality and handle the classrooms efficiently.

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A principal consulting firm and market research report, GMI, is committed to help clients handle the most critical business challenges. Our organisation is trusted by some major firms for their market research needs. The comprehensive study by our organisation facilitates our clients with information not known to them.  

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5G Internet of Things Market Sports Technology Market Network Security Software Market Wireless Power Transmission Market Augmented Reality (AR) and Virtual Reality (VR) Market Passenger Information System Market

 

 


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