The global Cloud ITSM market size is expected to grow from USD 4.7 billion in 2020 to USD 12.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast period. COVID-19 has globally changed the dynamics of business operations. Though the COVID-19 outbreak has thrown light on weaknesses in business models across...
The global cloud billing market size would grow from USD 3.0 billion in 2020 to USD 6.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. The growth of the cloud billing market can be attributed to the increasing adoption of IoT, cloud computing, analytics, Artificial Intelligence (AI), Machine Learning...
The global DRaaS market size is expected to grow from USD 5.1 billion in 2020 to USD 14.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 23.3% during the forecast period. COVID-19 has globally changed the dynamics of business operations. Though the COVID-19 outbreak has thrown light on weaknesses in business models across sectors,...
"As the Asia/Pacific region starts to turn its attention to 5G/5G-ready network construction, the region's leading operators have already begun the processes of migrating and/or upgrading their IP and optical fronthaul and midhaul network architecture, formulating their radio access network (RAN) topologies, moving to a virtualized and/or...
Global Cloud Based Data Management Services Market to Reach $70.9 Billion by 2027 Amid the COVID-19 crisis, the global market for Cloud Based Data Management Services estimated at US$12.9 Billion in the year 2020, is projected to reach a revised size of US$70.9 Billion by 2027, growing at a CAGR of 27.6% over the period 2020-2027....
This IDC study analyzes the key trends affecting the ADC market. It provides a worldwide revenue forecast for the ADC market, segmented by the following geographic regions: North America, EMEA, Asia/Pacific (including Japan), and Latin America. In addition, it provides a forecast by end market (enterprise versus service provider [SP]) and...
The HPC market size is expected to grow from USD 37.8 billion in 2020 to USD 49.4 billion by 2025, at a CAGR of 5.5% during the forecast period. The demand for HPC is driven by the increasing need for efficient computing enhanced scalability, and reliable storage, emerging need for the high speed data processing with accuracy, adoption of...
The global data historian market size is expected to grow from USD 1.1 billion in 2020 to USD 1.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period. A data historian solution, also referred to as process historian or operational historian, is a software program that deals with time-series data. A time-series...
The Cloud-Radio Access Network (C-RAN) market size is projected to grow from USD 2.9 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period. The major factors driving the growth of the C-RAN market include a rapid increase in bandwidth demand, an increase in the demand for 5G...
The Government Cloud Market was valued at USD 14.93 billion in 2019 and is expected to reach USD 41.86 billion by 2025, at a CAGR of 18.74% over the forecast period 2020 - 2025. The Pentagon alone is expected to spend USD 2 billion on cloud in the coming year. - Government data generation is on the rise due to growing census data (ever-increasing...