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The gamification in education market is projected to grow from USD 450 million in 2018 to USD 1,800 million by 2023, at a Compound Annual Growth Rate (CAGR) of 32.0% from 2018 to 2023. The major factors driving the growth of the gamification in education market are the increasing adoption of digital learning and growing cloud adoption among organizations to motivate learners to adopt web-based gamification solutions. Key players such as Bunchball (US), Cognizant (US), Google (US), Microsoft (US), D2L (Canada) and Classcraft Studios (Canada), along with several startups, are offering gamification software and services to cater the requirements of their customers.
MarketsandMarkets expects the India Human Capital Management (HCM) in SMB market to grow from USD 133 million in 2018 to USD 214 million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.5% during forecast period. Central government initiatives, such as Make in India, Startup India, and Skill India are expected to drive the India HCM market. Major vendors in the India HCM market include Keka (Hyderabad), Darwinbox (Hyderabad), greytHR (Bengaluru), ZingHR (Mumbai), People Works (Bengaluru), and Zoho (Chennai). These vendors have adopted various growth strategies in the India HCM market.
The rapid application development market size is expected to grow from USD 7.8 billion in 2018 to USD 46.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period. The demand for faster software programming is expected to rise over the next 5 years owing to various factors, including need for customized and scalable software. The major vendors offering rapid application development globally include IBM (US), AWS (US), Google (US), Microsoft (US), Oracle (US), Salesforce (US), Appian (US), Mendix (US), Zoho Corporation (India), Kissflow (India), OutSystems (US), LANSA (US), Ninox (US), Oro (US), Matsoft (UK), and Kony (US). Pegasystems (US), ServiceNow (US), WaveMaker (US), KiSSFLOW (India), Radzen (Europe), AmpleLogic (India), FileMaker (US), QuickBase (US), AppSheet (US), and K2 (South Africa) The study includes an in-depth competitive analysis of the key players in the rapid application development market, along with their company profiles, recent developments, and key market strategies.
The generative design market size is expected to grow from USD 111 million in 2018 to USD 275 million by 2023, at a CAGR of 19.9% during the forecast period. Factors such as rising need for advanced design software to drive product innovation, growing demand for environment-friendly architecture, and enhanced production efficiency are expected to the drive market during the forecast period. The generative design market comprises major solution providers, such as Autodesk (US), Altair (US), ANSYS (US), MSC Software (US), Dassault Systèmes (France), ESI Group (France), Bentley Systems (US), Desktop Metal (US), nTopology (US), and Paramatters (US). The study includes an in-depth competitive analysis of these key players in the generative design market with their company profiles, recent developments, and key market strategies.
MarketsandMarkets expects the global connected agriculture market size to grow from USD 1.8 billion in 2018 to USD 4.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The major growth drivers of the market include government initiatives to deploy modern agriculture techniques, rising pressure to meet the global demand for food, and need to improve farm productivity. Major vendors offering connected agriculture solutions, platforms, and services across the globe include IBM (US), Microsoft (US), AT&T (US), Deere & Company (US), SAP SE (Germany), Accenture (Ireland), Cisco (US), Oracle (US), Iteris (US), Trimble (US), SMAG (France), Ag Leader Technology (US), Decisive Farming (Canada), Gamaya (Switzerland), and SatSure (UK).
The China smart cities market is projected to reach USD 59.9 billion by 2023 from USD 30.4 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 14.5%. The growth in this market is driven by the increase in population, the need for rapid urbanization, and governments investments and policies to speed up the successful implementation and development of smart cities projects. Key market players in smart transportation: Advantech, Kontron, China Railway Rolling Stock Corporation (CRRC)
MarketsandMarkets expects the global marketing attribution software market size to grow from USD 1.8 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.4% during the forecast period. The major growth drivers for the market include rising need to optimize the marketing spend and effective tracking of customer behavior for targeted marketing activities. Major vendors offering marketing attribution solutions and services across the globe include Adobe (US), Google (US), SAP (Germany), Visual IQ (US), Oracle (US), Rockerbox (US), Neustar (US), Engagio (US), LeadsRx (US), LeanData (US), Singular (US), Marketing Attribution (US), Attribution (US), CaliberMind (US), WIZALY (France), OptiMine (US), Analytic Partners (US), Merkle (US), Fospha (UK), and IRI (US).
The global end user experience monitoring (EUEM) market size is expected to grow from USD 1.5 billion in 2018 to USD 3.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.7% during the forecast period. The growing number of agents to provide better end user experience, increasing need to measure business impact of EUEM, and changing end user expectations are major growth factors for the EUEM market. The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global EUEM market. Major vendors in the global EUEM market include CA Technologies (US), Micro Focus (UK), SAP (Germany), AppDynamics (US), IBM (US), Riverbed (US), BMC Software (US), Catchpoint (US), Dynatrace (US), New Relic (US), Oracle (US), Lakeside Software (US), Nexthink (Switzerland), Centurylink (US), ControlUp (US), Bitbar (Finland), eG Innovations (US), SmartBear (US), Stackify (US), Alyvix (Italy), AppNeta (US), Datadog (US), Rigor (US), TeamViewer (Germany), and Application Performance Ltd (UK).
The product stewardship market is projected to grow from USD 777 million in 2018 to USD 1,143 million by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% from 2018 to 2023. The major factors driving the growth of the product stewardship market are growing awareness among organizations to ensure health and safety of their employees and environment protection, increasing requirement of enterprises to publicize their environmental, health, and safety initiatives, and complying with various environmental regulations and government guidelines. The major vendors of product stewardship solutions and services include Verisk 3E Company (US), Enviance (US), CGI (Canada), Enablon (US), Gensuite (US), SAP (Germany), thinkstep (UK), UL Wercs (US), Sphera (US), ERM Group (UK), Enhesa (US), ProcessMAP (US), SiteHawk (US), Velocity EHS (US), Intelex (Canada), Cority (Canada), Anthesis (UK), Covestro (Germany), Pace Analytical (US), Wood Group (UK), Phylmar Group (US), Yordas Group (UK), Scout Environmental (US), Arcadis (Netherlands), and Young and Global Partners (Belgium).
MarketsandMarkets expects the global network encryption market size to grow from USD 2.9 billion in 2018 to USD 4.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. Major growth drivers for the market include increasing adoption of optical transmission, an increasing demand to meet various regulatory compliances, and a growing focus on shielding organizations from network security breaches.
The global MOOC market size is expected to grow from USD 3.9 billion in 2018 to USD 20.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 40.1% during the forecast period. MOOC is a course with the option of free and open registration and is a publicly shared platform with open-ended groups. MOOCs integrate social networking and accessible online resources facilitated by leading practitioners in their respective fields of study. MOOC builds on the engagement of learners who self-organize their participation according to learning goals, prior knowledge and skills, and common interests. The need of the scalable and economical educational platform to cater to the need of learners across the globe is boosting the growth of the MOOC market at a high CAGR.
MarketsandMarkets forecasts the global in-memory data grid market size to grow from USD 1.4 billion in 2018 to USD 2.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.8% during 2018–2023. Major growth factors for the in-memory data grid market include an increasing need for distributed architecture to enhance the limited storage capacity of the main memory and eliminating the need for relational data model and database. Major vendors offering in-memory data grid solutions across the globe include IBM (US), Oracle (US), Red Hat (US), Software AG (Germany), Pivotal (US), Hitachi (Japan), Hazelcast (US), TIBCO (US), GridGain (US), ScaleOut Software (US), GigaSpaces (US), Alachisoft (US), and TmaxSoft (US).
The global Customer Information System (CIS) market size is expected to grow from USD 877 million in 2018 to USD 1,539 million by 2023, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period. Major vendors in the global CIS market include Oracle (US), SAP (Germany), Itineris (Belgium), Hansen (Australia), Fluentgrid (India), Open International (US), Gentrack (New Zealand), Milestone Utility Services (US), Cayenta (British Columbia), Advanced Utility Systems (Canada), Engineering (Lazio), Indra (Spain), Ferranti (Belgium), NorthStar Utilities (Canada), Vertexone (US), IBM (US), Wipro (India), Agility CIS (New Zealand), Avertra (US), ATS (US), Cogsdale (Canada), FATHOM (US), EG (Denmark), efluid (France), Hydro-Comp (Cyprus).
The global production monitoring market size is expected to grow from USD 4.0 billion in 2018 to USD 6.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. The rising demand for industrial automation in the manufacturing industry is a major factor driving the growth of the production monitoring market. Major vendors in the global production monitoring market include Capgemini (France), Infosys (India), Oracle (US), Hitachi (Japan), Siemens (Germany), Verizon (US), Emerson (US), Rockwell Automation (US), AspenTech (US), Schlumberger (US), IQMS (US), sedApta (France), Softweb Solutions (US), ORDINAL Software (France), Infinity QS (US), TESAR (Italy), PCE Instruments (Germany), LineView (England), Monnit (US), Coesia (Italy), RT Engineering (US), Cannon Automata (Italy), Intouch Monitoring (England), PetroDAQ (US), and Vertech (France).
MarketsandMarkets expects the global work order management systems market size to grow from USD 414.1 million in 2018 to USD 694.6 million by 2023, at a CAGR of 10.9%during the forecast period. Major driving factors for the market include the increasing adoption of mobile apps and wearable devices among field workers. The major vendors offering work order management systems across the globe include NetSuite (US), IBM (US), Microsoft (US), IFS (Sweden), ClickSoftware (US), Astea (US), Infor (US), ServiceMax (US), Coresystems (Switzerland), FieldAware(US), ServiceNow(US), ServicePower(US), Corrigo(US), eMaint(US), Innovapptive (US), Fingent (US), ServiceChannel(US), FieldEZ(India), 3Floorsup(Australia), Hippo CMMS(Canada), Fieldpoint Service Applications(Canada), Sockeye Technologies(Canada), Maintenance Connection(US), MEX(Australia), and Loc8 (Australia).
MarketsandMarkets expects the global intelligent apps market to grow from USD 11.34 billion in 2018 to USD 46.98 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period. Major driving factors for the market include increasing use of smartphones driving the demand for greater business mobility, rising consumer expectations for rich contextual and personalized experience, and growing focus on effective and real-time mobile advertising. Major vendors in the global Intelligent apps market include IBM (US), Google (US), AWS (US), Microsoft (US), Salesforce (US), Oracle(US), Apple (US), Baidu (China), SAP SE (Germany), ServiceNow (US), Facebook (US), Intel (US), HPE (US), Avaamo (US), H2O.ai (US), BigML (US), Sentient Technologies (US), Clarifai (US), CloudMinds (US), Ayasdi (US), Narrative Science (US), AIBrain (US), Dation (US), Arkenea Technologies (US), iCarbonX (US), and Fuzzy.ai (US).
MarketsandMarkets expects the global content marketing software market size to grow from USD 4.12 billion in 2018 to USD 9.59 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period. Major vendors offering content marketing software across the globe include Oracle (US), Adobe (US), Salesforce (US), HubSpot (US), Alma Media (Finland), Curata (US), NewsCred (US), Contently (US), Percolate (US), Sprinklr (US), ScribbleLive (Canada), PathFactory (Canada), Uberflip (Canada), SnapApp (US), OneSpot (US), Skyword (US), Kenscio (India), DivvyHQ (US), Scoop.it (US), BrandMaker (Germany), Mintent (Canada), Kapost (US), Wedia (France), Vendasta (Canada), and Annex Cloud (US). These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the global content marketing software market.
The global account-based marketing market size is expected to grow from USD 651.9 million in 2018 to USD 1,196.9 million by 2023, at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period. Major growth drivers for the market include the focus on identifying the right audience, growth of social media and social advertising, and increased customer lifetime value.Demandbase (US), InsideView (US), 6Sense (US), Act-On Software (US), AdDaptive Intelligence (US), Albacross (Sweden), Celsius GKK International (France), Drift (US), Engagio (US), Evergage (US), HubSpot (US), Integrate (US), Iterable (US), Jabmo (France), Kwanzoo (US), Lattice Engines (US), Madison Logic (US), Marketo (US), MRP (US), Radius Intelligence (US), TechTarget (US), Terminus (US), Triblio (US), Uberflip (Canada), and Vendemore (Sweden).
The route optimization software market size is expected to grow from to grow from USD 2.95 billion in 2018 to USD 5.07 billion by 2023, at a CAGR of 11.4% from 2018 to 2023. The major drivers of the route optimization software market include the increasing use of logistics-specific solutions and declining hardware and connectivity costs. Some of the major route optimization software vendors include ALK Technologies (US), AMCS (Ireland), Caliper (US), Descartes (Canada), Esri (US), FLS (Germany), Geoconcept (France), Google (US), Portatour (Austria), Llamasoft (US), Maxoptra (UK), Microlise (UK), Omnitracs (US), Optimoroute (US), ORTEC (Netherlands), Paragon Software (UK), PTV Group (Germany), Quintiq (Netherlands), FarEye (India), Route4me (US), RouteSolutions (US), Routific (Canada), Scientific Logistics (US), Truckstops (UK), Verizon Connect (US), and Workwave (US).
The global task management software market size is expected to grow from USD 2.27 billion in 2018 to USD 4.33 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. The major factors driving the market growth include the digital transformation initiatives that have led to improved IT systems to meet customers’ dynamic requirements. The major industry verticals in the market include Banking, Financial Services, and Insurance (BFSI); retail and consumer goods; and Information Technology (IT) and telecom; and real estate and construction. The major vendors offering task management software and services across the globe include Microsoft (US), Upland Software (US), Atlassian (Australia), Pivotal Software (US), RingCentral (US), Azendoo (France), Asana (US), Bitrix (US), Doist (Spain), monday.com (Israel), Quick Base (US), Redbooth (US), todo.vu (Australia), Teamwork.com (Ireland), Workfront (US), Wrike (US), Zoho (US), Airtable (US), Basecamp (US), Clarizen (US), Evernote Corporation (US), Inflectra (US), MeisterLabs (Austria), Smartsheet (US), and TimeCamp (US).
MarketsandMarkets forecasts the global Multi-Vendor Support Services (MVSS) market size to grow from USD 53.09 billion in 2018 to USD 60.14 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 2.52% during the forecast period. Major growth factors for the MVSS market include the rapidly increasing changes in the IT infrastructure, rising maintenance costs of OEM services, reducing IT support and maintenance complexities, and regaining control of infrastructure support from OEMs. In addition to this, the increasing need for new levels of support services and growing use of centralized support services are other driving forces for the market. The global MVSS market is segmented by service type, business application, organization size, vertical, and region. The study measures and evaluates the major offerings and key strategies of the key market vendors, such as IBM (US), Dell (US), HP (US), Oracle (US), Fujitsu (Japan), NEC (Japan), Lenovo (China), Symantec (US), and Hitachi (Japan). These major companies have been offering reliable MVSS to their commercial clients across diverse locations.
MarketsandMarkets forecasts the cognitive data management market to grow from USD 569.9 million in 2018 to USD 1,473.9 million by 2023, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. The major factors expected to drive the cognitive data management market growth are the rising use of IoT-based devices, thereby resulting in the upshifting the amount of digital data, and growing adoption of the cognitive computing technology and advanced analytics. The key players in the cognitive data management market include Attivio (US), CognitiveScale (US), Cognizant (US), DATUM (US), Expert System (Italy), HPE (US), IBM (US), Immuta (US), Informatica  (US), Infosys (India), Kingland Systems (US), Microsoft (US), Oracle (US), Pingar (New Zealand), Reltio (US), Saksoft (India), Salesforce (US), SAP (Germany), SAS (US), SnapLogic (US), SparkCognition (US), StrongBox Data Solutions (Canada), Talend (US), Veritas (US), and Wipro (India).
MarketsandMarkets expects the global cognitive operations market size to grow from USD 7.27 billion in 2018 to USD 21.67 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.4% during the forecast period. Major growth factors for the market are the growing need to monitor the complex IT environment, and increasing focus on the adoption of cloud-based cognitive IT operations solutions. Major vendors in the global cognitive operations market include IBM (US), Splunk (US), CA Technologies (US), Micro Focus (UK), VMware (US), HCL Technologies (India), AppDynamics (US), BMC Software (US), New Relic (US), Appnomic (India), CloudFabrix (US), Loom Systems (US), Dynatrace (US), Zenoss (US), Ymor (US), Devo (US), Logz.io (US), ServiceNow (US), Corvil (Ireland), Interlink Software Services (UK), Correlata (Israel), ScienceLogic (US), Sumo Logic (US), RISC Networks (US), and Bay Dynamics (US).
The Application Release Automation (ARA) market is expected to grow from USD 2.07 billion in 2018 to USD 5.19 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.2% during the forecast period. The demand for ARA offerings is expected to be driven by many factors, such as low costs, flexibility, scalability, and security. The ARA offerings provide accelerated Time-to-Market (TTM) and speedy application release processes. The major vendors providing ARA solutions and services include BMC Software (US), CA Technologies (US), Fujitsu (Japan), IBM (US), Micro Focus (US), Microsoft (US), NIIT Technologies (India), Red Hat (US), VMware (US), Attunity (US), Arcad Software (US), Chef Software (US), Clarive (Spain), CloudBees (US), CollabNet (US), Datical (US), Electric Cloud (US), Flexagon LLC (US), Inedo (US), MidVision (UK), Octopus Deploy (Australia), Plutora (US), Puppet (US), Rocket Software (US), and XebiaLabs (US).
The digital process automation market is expected to grow from USD 6.76 billion in 2018 to USD 12.61 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. Several factors that are expected to drive the digital process automation market include the integration of Artificial Intelligence (AI) and Machin Learning (ML) technologies with digital process automation solution, demand for IT resources according to business priorities, and improved IT systems to meet customers’ dynamic requirements. Industry verticals such as Banking, Financial Services, and Insurance (BFSI), and consumer goods and retail are expected to have significantly contributed to the growth of the digital process automation market. Major vendors who offer digital process automation solution and services across the globe include IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi (England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), Tibco (US), Software AG (Germany), Cognizant (US) , Mindtree (India), Newgen software (India), Nintex (US), Ayehu (US), Integrify (US), HelpSystems (US), Innov8tif (Malaysia), Novatio (US), Bonitasoft (France), Cortex (UK), PMG.net (US), and blue-infinity (Switzerland).
MarketsandMarkets forecasts the global blockchain in media, entertainment, and advertising market to grow from USD 51.4 million in 2018 to USD 1,000.1 million by 2023, at a Compound Annual Growth Rate (CAGR) of 81.1% during the forecast period. The rising demand for eliminating intermediaries between content creators and end-users, increasing instances of data piracy in the media, entertainment, and advertising vertical, and the growing need for secure and faster transactions are expected to drive the blockchain in media, entertainment, and advertising market. The blockchain in media, advertising, and entertainment market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies. Major vendors in the blockchain in media, advertising, and entertainment market include IBM (US), Microsoft (US), SAP (Germany), Accenture (Ireland), AWS (US), Oracle (US), Digital Currency Group (US), Bitfury Group (US), Factom (US), Guardtime (Estonia), BRAINBOY (Germany), ARK (US), Auxesis (India), Synereo (Israel), NYIAX (US), MetaX (US), BTL (Canada), Voise (Canada), UJo (US), BigchainDb (Germany), Bloq (US), Clearcoin (US), iProdoos (US), Current (US), and Decent (Switzerland).
The blockchain in insurance market is expected to grow from USD 64.5 million in 2018 to USD 1,393.8 million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.9%. Factors such as growing number of fraudulent insurance claims, increasing need to have transparent and trustworthy systems, and focus on reducing total cost of ownership are expected to drive the growth of the global blockchain in insurance market. The blockchain market vendors include Applied Blockchain (UK), Algorythmix (India), Auxesis Group (India), AWS (US), Bitfury (US), BitPay (US), BlockCypher (US), BTL Group (Canada), Cambridge Blockchain (US), ChainThat (UK), Circle (US), ConsenSys (US), Digital Asset Holdings (US), Earthport (UK), Everledger (UK), Factom (US), Guardtime (Estonia), IBM (US), iXledger (UK), Microsoft (US), Oracle (US), RecordsKeeper (Gibraltar), SafeShare Global (UK), SAP (Germany), and Symbiont (US).
The GDPR services market is expected to grow from USD 907.4 million in 2018 to USD 2,659.4 million by 2023, at a Compound Annual Growth Rate (CAGR) of 24.0% during the forecast period. The major drivers of the GDPR services market include the implementation of GDPR by the EU from May 2018, generation of enormous amounts of data, need for data security and privacy, and the demand for data processing transparency leading to improved security service delivery along with the organization’s reputation. Major vendors covered in the GDPR services market include Absolute Software (Canada), Actiance (US), AWS (US), Capgemini (France), Hitachi Systems Security (Canada), IBM (US), Informatica (US), MetricStream (US), Micro Focus (UK), Microsoft (US), Mimecast (UK), Nymity (Canada), OneTrust (US and UK), Oracle (US), Proofpoint (US), Protegrity (US), SAP (Germany), SAS (US), Snow Software (Sweden), Swascan (Italy), Symantec (US), Talend (US), TrustArc (US), Trustwave (US), Varonis (US), and Veritas (US).
The Continuous integration tools market is expected to grow from USD 483.7 million in 2018 to USD 1,139.3 million by 2023, at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period. The major growth driver for the CI tools market is the increasing demand for automation of software development process to quickly release software application. CI tools are becoming crucial in the application development process, as they can considerably reduce the time required to create a build, and improve developer productivity, and thereby accelerate the time-to-market. Major vendors in the CI tools market are Atlassian (Australia), IBM (US), Microsoft (US), Micro Focus (UK), CA Technologies (US), Cloudbees (US), AWS (US), Puppet (Oregon), Red Hat (US), CA Technologies (US), Oracle (US), Micro Focus (UK), SmartBear (US), Jetbrains (Czech Republic), CircleCI (US), Shippable (US), Electric Cloud (US), V-Soft Technologies (South Africa), BuildKite (Australia), TravisCI (Germany), AutoRABIT (US), AppVeyor (Canada), Drone.io (US), Rendered Text (Serbia), Bitrise (Hungary), Nevercode (UK), and PHPCI (Belgium).
The process orchestration market is expected to grow from USD 3.79 billion in 2018 to USD 8.50 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. Several factors that are expected to drive the process orchestration market include the integration of Artificial Intelligence (AI) and Machin Learning (ML) technologies with the process orchestration solution, demand for IT resources according to business priorities, and improved IT systems to meet customers’ dynamic requirements. Industry verticals such as Banking, Financial Services, and Insurance (BFSI), and consumer goods and retail are expected to have significantly contributed to the growth of the process orchestration market. Major vendors who offer process orchestration solution and services across the globe include SAP (Germany), IBM (US), Oracle (US), CA Technologies (US), ServiceNow (US), Cisco (US), BMC Software (US), Fujitsu (Japan), OpenText (Canada), TIBCO (US), Software AG (Germany), HCL (India), Wipro (India), Newgen Software (India),Everteam (France), Arvato (Germany), Ayehu (US), Micro Focus (UK), Icaro Tech (Brazil), Cortex (UK), eQ Technologic (US), PMG (US), Nipendo (US), Dealflo (UK), and Data Ductus (Sweden).
The version control systems market is projected to grow from USD 438.8 million in 2018 to USD 716.1 million by 2023, at a CAGR of 10.3% from 2018 to 2023. Continuously increasing adoption of smartphones and tablets, growing need to reduce complexities in software development, and rising demand for automation and digitalization tools are major factors driving the global version control systems market. The ecosystem of the version control systems market includes key players such as Atlassian (Australia), AWS (US), CA Technologies (US), Canonical (UK), Codice Software (Spain), CollabNet (US), GitHub (US), IBM (US), IC Manage (US), LogicalDOC (US), Luit Infotech (India), Micro Focus (UK), Microsoft (US), Perforce Software (US), and SourceGear (US).
The global cognitive services market to grow from USD 1.95 Billion in 2017 to USD 15.28 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.6% during the forecast period. The base year considered for the study is 2017 and the forecast period is 2018–2023. Aligning core business work with organizational objectives and increase in data volumes are expected to drive the growth of the market. With the help of cognitive services, the growing data volumes across various enterprises can be used to identify potential growth opportunities, enhance business operations, and design growth strategies. The objective of the report is to define, describe, and forecast the size of the cognitive services market by technology, service type, deployment mode, application, end-user, vertical, and region. The report also aims at providing detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). The major vendors that offer cognitive services across the globe include IBM (US), Microsoft (US), AWS (US), Google (US), SAS (US), Baidu (China), Apple (US), TCS (India), Nuance Communications (US), and Qualcomm (US). These vendors have adopted different types of organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the cognitive services market.
MarketsandMarkets expects the global cloud microservices market size to grow from USD 683.2 Million in 2018 to USD 1,880.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period. The major factors driving the cloud microservices market are digital transformations, proliferation of the microservices architecture, and customer-oriented business. However, security and compliance may hinder the market growth. Traditional and emerging vendors in the cloud microservices market include AWS (US), CA Technologies (US), Contino (UK), CoScale (Belgium), IBM (US), Idexcel (US), Infosys (India), Kontena (Finland), Macaw Software (US), Marlabs (US), Microsoft (US), Netifi (US), NGINX (US), OpenLegacy (US), Oracle (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US), Salesforce (US), SmartBear Software (US), Software AG (Germany), Syntel (US), TCS (India), Unifyed (US), and Weaveworks (UK).
The blockchain government market is expected to grow from USD 162.0 Million in 2018 to USD 3,458.8 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period. The major drivers of the blockchain government market include the growing interest in the blockchain technology adoption by the government sector, increasing instances of fraudulent activities in the public sector, need to provide protection against data tempering, upswing in the usage of blockchain technology to create transparent and decentralized government, and focus on increasing efficiency and speed in public sector transactions. Major blockchain technology vendors include IBM (US), SAP (Germany), Microsoft (US), Oracle (US), Deloitte (US), AWS (US), Infosys (India), Bitfury (the Netherlands), Auxesis Group (India), Cegeka (the Netherlands), Factom (US), BTL (Canada), SpinSys (US), OTC Exchange Network (US), ModulTrade (UK), Blocko (South Korea), Symbiont (US), brainbot technologies (Germany), Guardtime (Estonia), BigchainDB (Germany), Somish (India), RecordsKeeper (Spain), Intel (US), Accenture (Ireland), and Blockchain Foundary (Singapore).
The global application platform market was valued at USD 8.48 Billion in 2017 and is expected to reach USD 11.69 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period. The base year considered for this study is 2017, and the forecast period is 2018–2023. The major players in the application platform market includes IBM (US), Oracle (US), SAP (Germany), NEC (Japan), Microsoft (US), Micro Focus (UK), Fujitsu (Japan), Hitachi (Japan), Adobe (US), HPE (US), Huawei (China), and Red Hat (US). The other players include Akamai (US), GigaSpaces (US), Caucho (US), Apache Tomcat, TmaxSoft (US), Nastel Technologies (US), Navisite (US), Rogue Wave Software (US), 4D Technologies (France), NGINX (US), Mendix (US), Kony (US), and Betty Blocks (Netherlands).
MarketsandMarkets expects the global Artificial Intelligence (AI) in construction market to grow from USD 407.2 Million in 2018 to USD 1,831.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. The rising demand for AI-based solutions and platforms, the need for more safety measures at construction sites, and the capabilities of AI solutions and services to reduce the production costs are expected to drive the growth of the AI in construction market. The AI in construction market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies. The key AI in construction vendors include IBM (US), Microsoft (US), Oracle (US), SAP (Germany), Alice Technologies (US), eSUB (US), Smartvid.io(US), Aurora Computer Services(England), Autodesk(US), and Building System Planning (US).
The application container market size is estimated to be USD 1.20 Billion in 2018 and expected to reach USD 4.98 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period. Container platforms primarily manage the creation, upgradation, and availability of multiple containers. Moreover, they control the connectivity between containers, and empower users to utilize a whole cluster of containers as a single deployment target and build customized applications. Furthermore, they enable a developer to automate all the phases of the application life cycle management, including scheduling, deployment, upgradation, monitoring, and scaling. The application container market has a huge business potential for the cloud vendors. Containers-as-a-service models are expected to play a key role in the application container market. The scope of the report covers the application container market analysis by service, deployment mode, organization size, vertical, and region. The service segment is further segmented into consulting, container monitoring, container security, container data management, container networking, container orchestration, and support and maintenance. The major vendors covered in the application container market include IBM (US), AWS (US), Microsoft (US), Google (US), VMware (US), Apprenda (US), Joyent (US), Rancher Labs (US), SUSE (Germany), Sysdig (US), Jelastic (US), Kontena (Finland), Mesosphere (US), Puppet (US), Twistlock (US), Weaveworks (UK), CA Technologies (US), Oracle (US), Nimble Storage (US), BlueData (US), Apcera (US), Cisco (US), Red Hat (US), Docker (US), and Portworx (US).
The continuous testing market expected to grow from USD 1.15 Billion in 2018 to USD 2.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period, owing to the growing need for continuous and timely delivery of software. In addition to this, organizations across various industry verticals are looking forward to digital transformation for enhancing their business operations and DevOps going mainstream are the factors that are driving the growth of continuous testing market. Moreover, enterprises consider continuous testing important, as they help them minimize their business risks associated with their software assets. The major vendors in the continuous testing market include Mindtree (India), EPAM Systems (US), HCL Technologies (India), Atos (France), Tech Mahindra (India), Hexaware (India), Tricentis (Austria), Cigniti (India), Larsen and Toubro Infotech (India), NIIT Technologies (India), CA Technologies (US), IBM (US), Capgemini (France), Spirent Communications (UK), Micro Focus (UK), Syntel (US), Cognizant (US), Parasoft (US), Softcrylic (US), LogiGear (US), QualiTest (US), Testplant (UK), Vector Software (US), QA Mentor (US), and SmartBear Software (US).
The continuous delivery market size is expected to grow from USD 1.65 Billion in 2018 to USD 3.85 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.5% during the forecast period. Some of the factors that are expected to drive the growth of the continuous delivery market include some of the business values, such as faster time-to-market, the better quality of product, competitive advantage, higher customer satisfaction, and the reduced cost of development, coupled with the adoption of continuous delivery practices. However, open source continuous delivery tools and projects would dominate commercial continuous delivery tools. This is expected to create barriers for the market growth. The major vendors covered in the continuous delivery market include Atlassian (Australia), IBM (US), XebiaLabs (US), CA Technologies (US), Electric Cloud (US), Puppet (US), Chef Software (US), CloudBees (US), Microsoft (US), Flexagon (US), Micro Focus (UK), Accenture (Ireland), Wipro (India), Clarive (Spain), VMware (US), appLariat (US), Red Hat (US), Shippable (US), CircleCI (US), Spirent (US), Heroku (US), JetBrains (Czech Republic), Bitrise (UK), AppVeyor (Canada), Kainos (US).
The data resiliency market is projected to grow from USD 11.69 Billion in 2018 to USD 27.63 Billion by 2023, at a CAGR of 18.8% from 2018 to 2023. Increasing data generation from various sources, and growing data privacy concerns and the need to ensure data security are the factors driving the growth of the data resiliency market across the globe. Some of the major vendors of data resiliency solutions are Acronis (Switzerland), Asigra Inc. (Canada), CA Technologies (US), Carbonite, Inc. (US), CenturyLink (US), Commvault Systems, Inc. (US), IBM (US), Micro Focus (UK), Microsoft (US), NetApp (US), Quest Software, Inc. (US), Unitrends (US), Veeam Software (Switzerland), Veritas Technologies LLC (US), and VMware (US).
The capacity management market is expected to grow from USD 597.5 Million in 2018 to USD 1,557.9 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 21.1%. Several factors such as identifying underused resources, need for increasing efficiency by better use of existing and future resource and manage IT resource demand according to business priorities are driving the capacity management market. Verticals such as Information and Technology (IT), telecom, healthcare and life sciences, and Banking and Financial Institutions (BFSI) have contributed largely to the capacity management market. Major vendors that offer capacity management solutions and services across the globe include IBM (US), BMC Software(US), CA Technologies (US), NetApp (US), Riverbed Technology (US), HPE (US), TEOCO (US), VMware (US), Sumerian (Scotland), Syncsort (US), TeamQuest (US), Nlyte Software (US), CPT Global (Australia), Neubrain (US), Axway (US), IDERA (US), SolarWinds Worldwide (US), Turbonomic (US), Aspire Technology (Ireland), ASG Technologies (US), ManageEngine- IT division of Zoho Corp (US), Planview (US), and HelpSystems (US).
The content recommendation engine market is projected to grow from USD 1.16 Billion in 2017 to USD 4.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7% from 2017 to 2022. Increasing focus on enhancing customer experience, rapid digitalization, and need for analyzing large volumes of customer data are factors driving the content recommendation engine market across the globe. Some of the major content recommendation engine vendors include Amazon Web Services (US), Boomtrain (US), Certona (US), Curata (US), Cxense (Norway), Dynamic Yield (US), IBM (US), Kibo Commerce (US), Outbrain (US), Revcontent (US), Taboola (US), and ThinkAnalytics (UK).
The global wealth management platform market size is expected to grow from USD 1.70 Billion in 2017 to USD 3.20 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The wealth management platform ecosystem comprises vendors, such as SS&C Technologies, Inc. (US), Fiserv, Inc. (US), Fidelity National Information Services (US), Profile Software (UK), Broadridge Financial Solutions, Inc. (US), InvestEdge, Inc. (US), Temenos Group AG (Switzerland), Finantix S.p.A. (Italy), SEI Investments Company (US), Comarch SA (Poland), Objectway S.p.A. (Italy), and Dorsum Ltd. (Hungary). The other stakeholders of the wealth management platform market include managed service providers, third-party providers, and technology providers.
The vendor risk management market is expected to grow from USD 3.29 Billion in 2017 to USD 6.50 Billion by 2022, at a CAGR of 14.6% during the forecast period, owing to the increasing need for efficiently managing complex third-party ecosystem. The fast changing regulations across countries are also expected to contribute to the growth of vendor risk management market. Moreover, enterprises consider vendor risk management as an integral part of their risk management processes to mitigate the critical operational and reputational risks. Major vendors in the vendor risk management market include BitSight Technologies (US), RSA (US), Genpact (US), LockPath (US), MetricStream (US), BWise (Netherlands), Resolver (Canada), SAI Global (Australia), Rsam (US), IBM (US), Optiv (US), Quantivate (US), RapidRatings (US), ProcessUnity (US), LogicManager (US), and VendorInsight (US).
The global robot software market is expected to grow from USD 1,142.2 Million in 2017 to USD 7,527.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 45.8%. Growing need to reduce costs while maintaining quality, and increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) are the key drivers for the robot software market. The major vendors offering robot software solutions and service include ABB (Switzerland), AIBrain (US), Brain Corp (US), CloudMinds (US), Energid Technologies (US), Furhat Robotics (Sweden), H2O.ai (US), IBM (US), Liquid Robotics (US), Neurala (US), NVIDIA (US), and Oxbotica (UK). These players have incorporated various strategies to expand their global presence, thus increasing their market shares. The strategic partnerships, mergers and acquisitions, product upgrades, and expansions are some of the major strategies embraced by these players.
The case management market size was valued at USD 4.31 Billion in 2016 and is projected to reach USD 7.62 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period. The base year considered for the study is 2016, and the market size is calculated from 2017 to 2022. The major case management vendors include Pegasystems (US), Appian (US), IBM (US), Newgen Software (India), DST Systems (US), Dell Technologies (US), AINS (US), Pulpstream (US), and Kofax (US).
The digital assurance market was valued at USD 2.63 Billion in 2016 and projected to reach USD 5.47 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. The base year considered for the study is 2016, and the forecast period is 2017–2022. The major vendors covered in the digital assurance market include Capgemini (France), Micro Focus (UK), Accenture (Republic of Ireland), Cognizant (US), Cigniti (India), Hexaware (India), SQS (Germany), TCS (India), Wipro (India), and Maveric Systems (India).
The managed application services market is expected to grow from USD 1.70 Billion in 2016 to USD 5.54 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period. The base year considered for the study is 2016 and the forecast period considered is 2017–2022. The major vendors covered in the managed application services market include BMC Software (US), CenturyLink (US), Fujitsu (Japan), HCL (India), IBM (US), SMS Management & Technology (Australia), Unisys (US), Virtustream (US), Wipro (India), YASH Technologies (US), Mindtree (India), and Navisite (US).
The workflow orchestration market is projected to grow from USD 13.81 Billion in 2017 to USD 50.82 Billion by 2022, at a CAGR of 29.8% during the forecast period. The adoption of workflow orchestration by organizations to improve operational efficiency, productivity levels, and business outcomes is one of the most significant factors projected to drive the growth of the workflow orchestration market. Digital transformation of organizations and the need to streamline business processes will offer lucrative growth opportunities to workflow orchestration providers in the near future. Key players operating in the workflow orchestration market include Microsoft (US), IBM (US), Cisco Systems (US), Oracle (US), VMware (US), CA Technologies (US), Arvato AG (Germany), BMC Software (US), ServiceNow (US), Micro Focus (UK), Dalet SA (France), and Ayehu Software Technologies (US).
The telecom system integration market is expected to grow from USD 16.56 Billion in 2017 to USD 25.16 Billion by 2022, at a CAGR of 8.7% during the forecast period, owing to the increasing complexities in managing network and IT infrastructure in the multi-vendor landscape. Furthermore, the increasing pressure on telecom organizations to enhance customer experience, cloud and network integration, and lack of in-house expertise have been considered as major factors driving the telecom system integration market. However, high implementation cost and time would restrain the growth of telecom system integration services. Major telecom system integration service providers include IBM (US), Ericsson (Sweden), Nokia Networks (Finland), Tech Mahindra (India), Huawei (China), Wipro (India), Infosys (India), DXC Technology (US), Cognizant (US), HCL (India), Syntel (US), and Stixis Technologies (US).