SME

Global Office Software Market Report 2023: Sector to Reach $37.06 Billion in 2028 from $24.45 Billion in 2022

Retrieved on: 
Friday, March 24, 2023

The global office software market was valued at US$24.45 billion in 2022.

Key Points: 
  • The global office software market was valued at US$24.45 billion in 2022.
  • North America office software market holds the largest share of global office software market owing to increasing internet penetration, growing SME expenditures in the SaaS and cloud industry, growing demand for cost effective, easy to use and customizable office software solutions among businesses, increasing advancements in office software solutions and rising consumer awareness about collaborative office software.
  • The US office software market is further divided into five segments by type, namely, spreadsheet software, word processing software, presentation software, visualization software and others, where the spreadsheet segment holds the largest share.
  • So, increasing integration of AI in office software suits is expected to boost the growth of global office software market.

Data Management Software Global Market to 2028: Players Include SAP, Alphabet, Informatica, MongoDB and Snowflake

Retrieved on: 
Friday, March 24, 2023

This software can include database management systems, data integration tools, data quality tools, data governance software, data warehousing tools, and more.

Key Points: 
  • This software can include database management systems, data integration tools, data quality tools, data governance software, data warehousing tools, and more.
  • By Type: According to the report, the global data management software market is segmented into six types: Database Management System (DBMS), Data Integration Software, Data Quality Software, Master Data Management Software, Meta Data Management Software and Other Software.
  • The US data management software market accounted for the largest share in North America data management software market as they have stringent data privacy regulations.
  • Global Data Management Software Market Dynamics:
    Growth Drivers: The explosive growth in data generation has created a need for data management software that can help organizations manage and analyze large volumes of data efficiently.

Unsecured Business Loans Market to Reach $12.5 Trillion, Globally, by 2031 at 11.7% CAGR: Allied Market Research

Retrieved on: 
Friday, March 24, 2023

PORTLAND, Ore., March 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Unsecured Business Loans Market by Type (Term Business Loan, Overdraft, Loan on Business Credit Cards, Working Capital Loan, Others), by Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), by Provider (Banks, NBFCs, Credit Unions): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global unsecured business loans industry was valued at $4.3 trillion in 2021 and is estimated to generate $12.5 trillion by 2031, witnessing a CAGR of 11.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • Short loan application process of unsecured business loans, the surge in demand for working capital by MSMEs, and the growth of small & medium-sized enterprises (SMEs) drive the unsecured business loans market.
  • On the other hand, advances in technology and change in consumer preferences will present new growth opportunities for the global unsecured business loans market in the coming years.
  • The outbreak of the COVID-19 pandemic had a significant impact on the unsecured business loans market.
  • Consequently, the unsecured business loans market became more competitive, and lenders offered more flexible terms and lower interest rates to attract borrowers.

Unsecured Business Loans Market to Reach $12.5 Trillion, Globally, by 2031 at 11.7% CAGR: Allied Market Research

Retrieved on: 
Friday, March 24, 2023

PORTLAND, Ore., March 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Unsecured Business Loans Market by Type (Term Business Loan, Overdraft, Loan on Business Credit Cards, Working Capital Loan, Others), by Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), by Provider (Banks, NBFCs, Credit Unions): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global unsecured business loans industry was valued at $4.3 trillion in 2021 and is estimated to generate $12.5 trillion by 2031, witnessing a CAGR of 11.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • Short loan application process of unsecured business loans, the surge in demand for working capital by MSMEs, and the growth of small & medium-sized enterprises (SMEs) drive the unsecured business loans market.
  • On the other hand, advances in technology and change in consumer preferences will present new growth opportunities for the global unsecured business loans market in the coming years.
  • The outbreak of the COVID-19 pandemic had a significant impact on the unsecured business loans market.
  • Consequently, the unsecured business loans market became more competitive, and lenders offered more flexible terms and lower interest rates to attract borrowers.

5G IoT Market worth $59.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 24, 2023

CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.
  • Heavy IoT investments are driving the growth of the 5G IoT Market.
  • Asia Pacific is the fastest-growing region in the 5G IoT Market.
  • These countries have sustainable and well-established economic growth, empowering them to increasingly invest in R&D activities, thereby contributing to developing the 5G IoT Market.

5G IoT Market worth $59.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 24, 2023

CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.
  • Heavy IoT investments are driving the growth of the 5G IoT Market.
  • Asia Pacific is the fastest-growing region in the 5G IoT Market.
  • These countries have sustainable and well-established economic growth, empowering them to increasingly invest in R&D activities, thereby contributing to developing the 5G IoT Market.

Office Software Global Market to 2028: Players Include Kingsoft, Microsoft, Alphabet, Apple and Corel - ResearchAndMarkets.com

Retrieved on: 
Friday, March 24, 2023

The office software market is a part of software industry that includes a range of software applications designed to help individuals and organizations create, edit, manage, and share digital content.

Key Points: 
  • The office software market is a part of software industry that includes a range of software applications designed to help individuals and organizations create, edit, manage, and share digital content.
  • Office software market is associated with provision of suite of applications by entities (organizations, sole traders and partnerships) including database management systems, graphics software, spreadsheet applications, and word processors.
  • North America office software market holds the largest share of global office software market owing to increasing internet penetration, growing SME expenditures in the SaaS and cloud industry, growing demand for cost effective, easy to use and customizable office software solutions among businesses, increasing advancements in office software solutions and rising consumer awareness about collaborative office software.
  • The US office software market is further divided into five segments by type, namely, spreadsheet software, word processing software, presentation software, visualization software and others, where the spreadsheet segment holds the largest share.

Global Data Management Software Market to 2028: Increasing Adoption of Data Virtualization and Rising Importance of Data Privacy and Security Fuels Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, March 24, 2023

In 2022, the global data management software market was valued at US$110 billion, and is probable to reach US$263.68 billion by 2028.

Key Points: 
  • In 2022, the global data management software market was valued at US$110 billion, and is probable to reach US$263.68 billion by 2028.
  • This software can include database management systems, data integration tools, data quality tools, data governance software, data warehousing tools, and more.
  • The global data management software market is projected to grow at a CAGR of 16.10%, during the forecast period of 2023-2028.
  • By Type: According to the report, the global data management software market is segmented into six types: Database Management System (DBMS), Data Integration Software, Data Quality Software, Master Data Management Software, Meta Data Management Software and Other Software.

Global Cybersecurity Services Market Analysis/Forecasts Report 2023: $158.4 Billion by 2030 - Rising Government Initiatives Encouraging the Adoption of Cybersecurity Services

Retrieved on: 
Friday, March 24, 2023

The global cybersecurity services market is projected to reach USD 158.4 billion by 2030, at a CAGR of 17.5% during the forecast period of 2023-2030.

Key Points: 
  • The global cybersecurity services market is projected to reach USD 158.4 billion by 2030, at a CAGR of 17.5% during the forecast period of 2023-2030.
  • The growth of the cybersecurity services market is driven by the growing significance of cybersecurity services in the banking sector and rising government initiatives encouraging the adoption of cybersecurity services.
  • In 2023, the professional services segment is expected to account for the larger share of the global cybersecurity services market.
  • In 2023, the large enterprises segment is expected to account for the larger share of the global cybersecurity services market.