Market Scope

A surge in the adoption of 3D printing and 3D simulation across different business verticals is expected to promote the growth of the global Digital Twin Market, states Market Research Future (MRFR). MRFR reveals that the global Digital Twin Market is likely to attain a CAGR of 42.54% over the forecast period (2018-2025) and touch an impressive valuation by 2025.

Industry News

August 2019

DNV GL to provide ShipManager Hull software to Saipem, a…

Market Highlights

Online Education is one of the greatest revolutions in education which is trending and gaining colossal traction on the global platform. Although, online learning has its limitations, is still preferred by millions of students worldwide. Studies show that today, students increasingly opt for online degree programs or take at least one college course through an online platform.

Certainly, Online Education is gaining huge popularity attributing to the numerous…

Market Highlights

Procurement software may be a software that gives organizations with all the required tools to oversee spending capacity, recent purchases, management of suppliers, and other important activities. It enables employees to request a sale virtually and coordinate with vendors just in case of missing goods. The worldwide procurement software market report by marketing research Future (MRFR) underscores the vital industry forces like drivers, challenges, trends, and…

Market Highlights

Market Research Future (MRFR) in their recently published report on the 5G technology market claimed that the superior technology than the existing models and demand for faster network to transfer data are going to provide tailwind. At the same time, cost-effective standpoint can inspire greater percolation for 5G technology across myriad sectors.

5G or fifth generation technology is superior to the existing models. However, the 5G technology has a quite a…

Market Highlights

Market Research Future (MRFR) in their recently published report on the 5G technology market claimed that the superior technology than the existing models and demand for faster network to transfer data are going to provide tailwind. At the same time, cost-effective standpoint can inspire greater percolation for 5G technology across myriad sectors.

5G or fifth generation technology is superior to the existing models. However, the 5G technology has a quite a…

Market Highlights

The global Residential Security market is growing rapidly over ~8.53% of CAGR and is expected to reach at USD ~ 44.8 billion by the end of forecast period.

Residential security refers to security and safety of residential buildings and individuals. It is an electronic system that primarily takes care of the overall security of consumer’s residence, especially when away from home. In the past few years, global residential security market witnessed significant…

Market Highlights

The surging application of the smart city concept is expected to promote the development of the market in the near future. Reports that conveys an understanding of the information and communication technology industry has been presented by Market Research Future, which creates reports on industry verticals that judge the market progress and options for growth. The market shows the latent to gain USD 299 billion by the year 2023 in its revenues.

The…

Market Highlights

High performance computing (HPC) refers to the extra computing power gained from aggregation of varied processors for solving complex problems with high speeds. It's employed by scientists for studying large data volumes and gleaning insights by implementing new techniques that need decision-making in current times. HPC plays an equivalent role of a supercomputer and employed in industries of aerospace, defense, and navigation systems. The worldwide high performance…

Market Highlights

Workforce management may be a software tool utilized in managing the schedules of workers, labor requirements, and maintenance of schedules on a day to day. The set of processes can improve the productivity of employees. The worldwide workforce management market report by marketing research Future (MRFR) dives into the industry for up to date upgrades in software, adherence to latest labor laws, and other niche trends for the amount of 2020 to 2026 (forecast period).…

Market Highlights

According to Market Research Future (MRFR), the global passenger information system market had a valuation of USD 6.12 billion in 2016 and is estimated to reach USD 21.39 billion by 2022 with a 23.17% CAGR from 2016 to 2022 (forecast period). The report describes and discusses the effect of the outbreak of COVID-19 on the global passenger information system market, including potential opportunities and challenges, drivers, and risks.

Passenger Information…

Market Highlights

Global Coronavirus pandemic has impacted all industries globally, global data analytics market is not any exception. Because the worldwide economy heads towards major recession post 2009 crisis, marketing research Future has published a current study which meticulously studies the impact of worldwide data analytics market and suggests possible measures to curtail them. On this, the analysts covered information that the market is expecting substantial growth during…

Market Highlights

The ERP software market is anticipated to grow by US$66,389.7 million by 2026 rapidly growing at a CAGR of 8.2% during the forecast period. The global ERP software market is driven by increased adoption of advanced technologies and rise in technological innovations. These factors have helped shape the ERP software market and are expected to boost the growth. Companies in the ERP software market could also face challenges such as threat of new entrants and lack of…

Market Highlights

According to the analysis by marketing research Future Reports (MRFR), the worldwide marketplace for event management software is probably going to value USD 14.56 Billion with a CAGR of 11.68% during the review period from 2019 to 2025. The growing number of management applications in smartphones is estimated to influence the worldwide event management software market 2020. The increasing ownership of smartphones is probably going to reinforce the market. As per the…

Market Highlights

Market Research Future (MRFR) predicts the Global Transportation Management System (TMS) Market size to expand at a CAGR of 17.3% to reach USD 35.42 Billion from 2017–2025 (forecast period). Key factors propelling the growth of the TMS industry include technological developments in the transport and logistics sector and the rapid growth in the eCommerce industry.

Transportation Management System Market Drivers/TMS Market Trends

Technological Innovations…

Market Highlights

In its research report, Market Research Future (MRFR), emphasizes that the global market 2020 is expected to grow exponentially over the review period, ensuring a substantial market valuation of USD 268.92 Million by 2027 and a healthy CAGR of 8.58 percent over the review period

It is viewed as a highly dynamic technology and further involve with new addition and developments. Such factors are expected to draw higher commercial interest in homomorphic…

Market Highlights

The global market for modern manufacturing execution systems is projected to register a CAGR of 16.1% during the forecast period, 2020–2027. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the coming years.

A modern manufacturing execution system (MMES) comprises hardware or software components that help manage and optimize production activities from the launch of…

Market Highlights

The cloud computing market is anticipated to grow by US$340.5 billion by 2024 rapidly growing at a CAGR of 19.4% during the forecast period. The global cloud computing market is driven by benefits such as cost-affordability, disaster recovery, faster deployment, and scalability. These factors have helped shape the cloud computing market and are expected to boost the growth. Companies in the cloud computing market could also face challenges such as lack of skilled…

Market Highlights

Virtual reality (VR) is a computer-generated simulation that can be accessed with the assistance of head-up displays and gloves to provide immersive experiences. The software can be used in creating worlds to be experienced by users using associated hardware. The global virtual reality market report by Market Research Future (MRFR) comprises an in-depth analysis of the industry with projections for revenue and growth during the forecast period (2020-2027). The…

Market Highlights

The mobile unified communciation and collabortation is a solution that encompasses the combination of video conferencing, audio calls, and textual interaction among the enterprises which is provided in a single interface. However, the major challenge that companies face during the adoption of unified communciation and collaboration solution is the shift from old and exisiting network infrasturcture. However, this shift has reduced the enterprise network…