Oracle Corporation

Healthcare IT market size to grow by USD 168.86 billion from 2023 - 2027 : The increasing focus on improving the quality of services and efficiency to drive the market growth - Technavio

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Monday, December 4, 2023

The increasing focus on improving the quality of services and efficiency is notably driving market growth.

Key Points: 
  • The increasing focus on improving the quality of services and efficiency is notably driving market growth.
  • The workload of medical professionals has decreased due to IT hardware and software solutions, which has enhanced the level of treatment.
  • Based on geography, the healthcare IT market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.
  • The largest geographical segment of the global healthcare IT market is North America, and this trend will continue during the projected period.

Automatic Pill Dispensing Systems Market size to grow by USD 1.82 billion from 2022 to 2027, Increasing use of automatic pill dispensers at home is a major trend - Technavio

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Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The automatic pill dispensing systems market is expected to grow by USD 1.82 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The automatic pill dispensing systems market is expected to grow by USD 1.82 billion from 2022 to 2027.
  • As a result, there is a strong demand in the older population for automated pill delivery systems.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Increasing use of automatic pill dispensers at home is a major trend in the market.

Healthcare IT Market size to grow by USD 168.86 billion from 2022 to 2027, North America to account for 46% of market growth - Technavio

Retrieved on: 
Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The healthcare IT market is expected to grow by USD 168.86 billion from 2022 to 2027. In addition, the market's momentum will progress at a CAGR of 10.89% during the forecast period, according to Technavio Research. The market has been segmented by end-user (healthcare providers and healthcare payers), component (services, software, and hardware), and geography (North America, Europe, APAC, South America, and Middle East and Africa). North America is estimated to contribute 46% to the growth of the global market during the forecast period. There are several key factors contributing to this growth, namely a growing integration of data with government initiatives, an aging population, and increased use of mobile health applications. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read a PDF Sample Report

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The healthcare IT market is expected to grow by USD 168.86 billion from 2022 to 2027.
  • The market has been segmented by end-user (healthcare providers and healthcare payers), component (services, software, and hardware), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
  • North America is estimated to contribute 46% to the growth of the global market during the forecast period.
  • Growth of the healthcare IT market across North America, Europe, Asia, and ROW
    Comprehensive analysis of factors that will challenge the growth of healthcare IT market companies.

Artificial Intelligence (AI) Market Size to Grow by USD 125.3 billion from 2022 to 2027 | The prevention of fraud and Malicious attacks to drive the market growth - Technavio

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Tuesday, November 28, 2023

The AI sector experiences notable growth due to its role in preventing fraud and malicious attacks.

Key Points: 
  • The AI sector experiences notable growth due to its role in preventing fraud and malicious attacks.
  • By geography, the global artificial intelligence (AI) market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global artificial intelligence (AI) market.
  • Artificial Intelligence (AI) Chips Market : The artificial intelligence (AI) chips market size is estimated to grow at a CAGR of 61.51% between 2022 and 2027.

Wireless Healthcare Market in APAC to grow by USD 41.13 billion from 2022 to 2027 | Growth Driven by Increasing adoption of wearables- Technavio

Retrieved on: 
Monday, November 27, 2023

The potential growth difference for the wireless healthcare market in APAC from 2022 to 2027 is USD 41.13 billion.

Key Points: 
  • The potential growth difference for the wireless healthcare market in APAC from 2022 to 2027 is USD 41.13 billion.
  • The increasing adoption of wearables is the key factor driving the market growth.
  • The wireless sensor networks (WSN) market size is estimated to grow at a CAGR of 17.32% between 2022 and 2027.
  • The Biometric Access Control Systems Market size is estimated to grow at a CAGR of 7.77% between 2022 and 2028.

Islamic Banking Software Market size to grow by USD 2.73 billion from 2022 - 2027, Availability of smart cards offered by Islamic banks boosts the market - Technavio

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Sunday, November 26, 2023

The potential growth difference for the Islamic banking software market between 2022 and 2027 is USD 2.73 billion.

Key Points: 
  • The potential growth difference for the Islamic banking software market between 2022 and 2027 is USD 2.73 billion.
  • Several Islamic banks are issuing smart cards which is fuelling the market growth.
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    The lack of expertise, awareness, and training in Islamic banking software is a major challenge hindering the market growth.
  • The business management software (BMS) market size is estimated to grow at a CAGR of 10.48% between 2023 and 2028.

Data-as-a-Service (DaaS) Market size to grow by USD 56.85 billion from 2022 - 2027 | The growing amount of data is to drive the market growth - Technavio

Retrieved on: 
Friday, November 24, 2023

The BFSI segment is expected to experience substantial market share growth, driven by the adoption of Data as a Service (DaaS).

Key Points: 
  • The BFSI segment is expected to experience substantial market share growth, driven by the adoption of Data as a Service (DaaS).
  • From 2017 to 2021, the segment showcased continuous growth, leveraging DaaS technologies like data virtualization and analytics to enhance trading, fund management, and risk control models.
  • This adoption enables BFSI organizations to derive insights from expanding customer data, ultimately improving operational efficiency, customer experiences, risk assessment, and decision-making processes.
  • Data-as-a-Service (DaaS) Market 2023 – 2027: Market dynamics
    Blockchain technology's integration with Data-as-a-Service (DaaS) emerges as a significant trend driving market growth, particularly in the financial sector.

Trade Management Software Market size to USD 1.05 billion growth between 2022 - 2027, Driven by Growing need for improved supply chain efficiency - Technavio

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Tuesday, November 21, 2023

The potential growth difference for the trade management software market between 2022 and 2027 is USD 1.05  billion.

Key Points: 
  • The potential growth difference for the trade management software market between 2022 and 2027 is USD 1.05  billion.
  • The growing need for improved supply chain efficiency drives the trade management software market.
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    Market Challenge - The increasing complexities in global trade challenge the trade management software market.
  • Factors such as the presence of major trade management players and the increasing need for effective global trade compliance and efficient management of the supply chain are driving the growth of the trade management software market in APAC.

Data Center IT equipment Market to grow by USD 65.26 billion between 2022 - 2027; Increasing investments in data centers to drive market growth- Technavio

Retrieved on: 
Tuesday, November 21, 2023

The potential growth difference for the data center IT equipment market between 2022 and 2027 is USD 65.26 billion.

Key Points: 
  • The potential growth difference for the data center IT equipment market between 2022 and 2027 is USD 65.26 billion.
  • The increasing investments in data centers drive market growth.
  • Coping with the growing volume of data produced is strategized by various companies by building or leasing data centers and the increasing interest in cloud computing will further drive the need for data centers.
  • Thus, the construction of smaller data centers will lead to the installation of fewer data center IT equipment.

Enterprise Content Management market will grow USD 20.61 billion from 2022 to 2027|North America is estimated to contribute 41% to the growth of the global market - Technavio

Retrieved on: 
Tuesday, November 21, 2023

Adobe Inc.: The company offers enterprise content management system architecture to scale content without losing the personality of the brand.

Key Points: 
  • Adobe Inc.: The company offers enterprise content management system architecture to scale content without losing the personality of the brand.
  • Enterprise Content Management Market 2023-2027: Market Dynamics
    The growing need to enhance content security and optimize business processes with automated workflows is a key factor driving market growth.
  • Difficulties with integration and implementation of enterprise content management with current applications are a significant challenge restricting market growth.
  • The web content management market is expected to increase by USD 18.89 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 25.1%.