Technology News & Trends

Digital Talent Acquisition Market in Brief The global digital talent acquisition market registered a CAGR of 8.6% between 2019 and 2027. The digital talent acquisition market is projected to be driven by growing innovations and technological advancements. As the Big Data analytics industry swiftly grows to include mainstream customers, technologies such as Hadoop and cloud solutions are in demand and they have growth potential. Thus, it is expected to boost the digital talent acquisition market in the near future. The global digital talent acquisition market is expected to reach US$ 85.15 Bn by 2027 from US$ 44.08 Bn in 2019. The new generation of advanced technology and accessibility of data continues to drive the demand for digital talent and services within the enterprises, thereby continuously pushing up demand for digital talent acquisition market. The digital talent acquisition market in North America is anticipated to expand at a rapid pace during the forecast peri

According to a new market report published by Transparency Market Research the global sports technology market was valued at US$ 21,609.1 Mn in 2016. It is estimated to expand at a compound annual growth rate of 14.7% from 2019 to 2027, reaching US$ 93,825.5 Mn by the end of the forecast period. According to the report, North America was a prominent contributor, in terms of revenue, to the sports technology market in 2016. This is primarily due to strong technological advancements and considerable application of sports technology in various sports such as football, basketball, etc., across the region. A rise in demand for advanced technologies such as analytics solutions and wearable devices for team management, athlete performance, and team performance, are creating opportunities for the global sports technology market. Most companies are developing advance analytics solution for the sports industry. For instance, in 2016, Agile Sports Analytics, LLC launched Agile Sports Analyt

According to a new market report published by Transparency Market Research , the global optical satellite communication market is expected to reach a value of US$ 4,238.7 Mn by 2027, due to rising demand for high data rate. The market is projected to expand at a CAGR of 31.5% during the forecast period from 2019 to 2027. North America is expected to hold the dominant position in the market followed by Europe and Asia Pacific during the forecast period Increasing government initiatives for the development of advance technology for data transmission and communication Governments of various countries are investing in different optical communication projects to develop high data rate links. For instance, in 2018, NASA signed an agreement with BridgeSat Inc. to develop a space optical communication system for the agency. Similarly, The European Space Agency operates optical data relay services known as EDRS. The agency launched the Copernicus earth observation project with five LEO sa

According to a new market report published by Transparency Market Research the global  edutainment market  is estimated to reach US$ 10,120.2 Mn by the end of the forecast period 2027. According to the report, North America was the largest contributor in terms of revenue to the edutainment market in 2017. This is primarily due to strong technological advancement and considerable application of edutainment in banks and financial institutions across the region. The Development of Knowledge through the Content of Games is driving the Edutainment market Gaming is the most adopted method for education; it helps promote learning among children. Most pre-school and kindergarten providers have realized that open-ended play in the right environment helps children develop and learn emotionally, cognitively, socially, and physically. This is a major factor that is expected to boost the edutainment market during the forecast period. Innovation in games, need for physical activity in today’

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” published by Transparency Market Research the global market for high performance data analytics is expected to reach US$ 58 Bn by 2026, recording an opportunity of over US$ 50 Bn during the forecast period, at a CAGR close to 25%. According to the report, the global market is expected to continue to be influenced by growing demand for data analytics, with enterprise customers exploring ways to take advantage of untapped potential of their huge data repositories. Adoption of data intensive applications especially in AI and deep learning technologies is seen as an emerging trend with strong influence on how the market evolves over the forecast period 2018-2026. Gradual shift of high performance computing systems to high performance data analytics enabled systems has in fact moved the big computing system manufacturers to fast forward their product development, keeping pace with the demand for data inte

According to a new market report published by Transparency Market Research , the global  document capture software market  is expected to reach a value of US$ 11,384.5Mn by 2026, supported by rising adoption of compliance initiatives, distributed capture, and the reduction of expenses by investing in advanced document processing. The market is projected to expand at a CAGR of 10.3% during the forecast period from 2018 to 2026. Increasing demand for document management, growing trend of mobile workforce, coupled with multiple benefits offered by document management software are encouraging the higher adoption of document capture software. In addition, rising penetration of mobile devices is boosting the global demand for mobile based document capture software. Asia Pacific is anticipated to be the fastest growing region during the forecast period which is expected to be followed by Europe. Document capture software is experiencing flourishing growth in terms of adoption across differe

According to a new market report pertaining to the global kiosk market published by Transparency Market Research, the global kiosk (self-service/ interactive kiosk) market is projected to reach a value of ~US$ 2.4 Bn by 2027. The market is projected to expand at a CAGR of ~10% from 2019 to 2027. Growth of the market can be attributed to the increasing need to enhance customer experience, and the growth of organized retail sectors in developing countries. Over the forecast period, the kiosk (self-service/ interactive kiosk) market in Europe is anticipated to grow rapidly at a CAGR of ~11%. Moreover, in terms of share, the global kiosk (self-service/ interactive kiosk) market is dominated by North America, followed by Europe. In the kiosk (self-service/ interactive kiosk) market, the retail segment is projected to be valued at ~US$ 535 Mn in 2019, and is expected to reach ~US$ 1.1 Bn by 2027, expanding at a CAGR of ~10% during the forecast period. Growth of Organized Retail Sector i

According to a new research report published by Transparency Market Research (TMR) , the global sensing cable market is expected to reach a value of more than US$ 1,300 Mn by 2027, expanding at a CAGR of more than 6% from 2019 to 2027. According to the report, the global sensing cable market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global  sensing cable market,  with the market in the region expanding at a CAGR of more than 7% between 2019 and 2027.   Request a Sample -  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=67283 Global Sensing Cable Market: Overview Over the last few years, there has been significant increase in the adoption of the multi-layer hydraulic fracturing method for the extraction of oil, particularly in North America. This is attributable to the increase in the domestic consumpt

Transparency Market Research has published a new report on the global  self-driving car market  for the forecast period of 2019–2030. According to the report, the global self-driving car market is projected to reach ~ US$ 40 Bn by 2030, expanding at a CAGR of ~ 89% during the forecast period. Are you a start-up willing to make it big in the business? Grab an exclusive PDF Sample of this report here:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70608 Global Self-driving Car Market: Insights According to the report, the global self-driving car market is likely to be driven by the demand for enhanced safety in vehicles. Self-driving cars are more efficient, thereby reducing the cost of fuel and lowering emissions. Key automakers such as Volvo, Daimler, General Motors, Honda, and Toyota are merging autonomous, connected, and electric driving technologies, and are expected to offer these products post 2020, which, in turn, is estimated to boost

Transparency Market Research delivers key insights on the  global solar pumps market . In terms of revenue, the global solar pumps market is estimated to expand at a CAGR of ~ 12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the solar pumps market report. A solar pump is a major solar equipment product. It consists of a pump and a PV panel that has semiconductors. When this panel is exposed to sunlight, current gets generated and it helps pump water. Solar pumps have a wide range of applications, from household to agriculture and irrigation. The solar pumps market is anticipated to grow at a rapid pace during the forecast period, due to an increase in agricultural and irrigation activities, mainly in developing countries in Asia Pacific and the Middle East & Africa. The solar pumps market is growing due to the rising demand for pumps in domestic and agriculture applications, mainly for supply water in fa

The demand within the global mattress market is rising on account of advancements in the residential sector. The need for mattresses in households and hotel is indispensable, and this creates a plethora of opportunities for market growth. Furthermore, use of mattresses is not only related to enhancing the comfort levels of people, but also have an aesthetic dimension to it. As custom-designed beds make their way into the residential sector, the demand within the mattress market is bound to rise. The use of small mattresses for cushioning of sofas, couches, and other furniture is also a key consideration from the perspective of market growth. Transparency Market Research (TMR) holds that global mattress market would grow at a sturdy CAGR of 7% over the period between 2019 and 2027. The total value of the global mattress market stood at US$ 37 Bn in 2019, and this figure is expected to reach US$68 by 2027. The demand for mattresses in the residential sector has grown at a robust pace