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Associated tags: Artificial intelligence

Testing Software Market Overview: Estimated Market Size, Forecast Growth Rate And Major Drivers - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The Business Research Company's Testing Software Global Market Report 2023, the global testing software market is poised for substantial growth, with the market size projected to surge from $48.77 billion in 2022 to $52.79 billion in 2023, marked by a robust Compound Annual Growth Rate (CAGR) of 8.2%. This upward trend is expected to continue, with the testing software market size forecasted to reach $70.69 billion in 2027, maintaining a steady CAGR of 7.6%.

Key Points: 
  • A key driver propelling this growth is the increasing adoption of cloud computing in the testing software industry .
  • Organizations are leveraging cloud computing to reduce infrastructure overhead, enhance testing efficiency, and accelerate the delivery of high-quality software products.
  • These trends demonstrate how the rising utilization of cloud computing will contribute to the growth of the testing software market.
  • In 2022, North America emerged as the second-largest region in the testing software market , boasting a value of $17.12 billion.

Testing Software Market Overview: Estimated Market Size, Forecast Growth Rate And Major Drivers - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The Business Research Company's Testing Software Global Market Report 2023, the global testing software market is poised for substantial growth, with the market size projected to surge from $48.77 billion in 2022 to $52.79 billion in 2023, marked by a robust Compound Annual Growth Rate (CAGR) of 8.2%. This upward trend is expected to continue, with the testing software market size forecasted to reach $70.69 billion in 2027, maintaining a steady CAGR of 7.6%.

Key Points: 
  • A key driver propelling this growth is the increasing adoption of cloud computing in the testing software industry .
  • Organizations are leveraging cloud computing to reduce infrastructure overhead, enhance testing efficiency, and accelerate the delivery of high-quality software products.
  • These trends demonstrate how the rising utilization of cloud computing will contribute to the growth of the testing software market.
  • In 2022, North America emerged as the second-largest region in the testing software market , boasting a value of $17.12 billion.

The Education Buildings Market Is Expected To Grow At A Rate Of More Than 2%, Driven By The Rising Globalization Of Education - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The Business Research Company's Education Building Global Market Report 2023, the global education buildings market is poised for substantial growth, with the market size projected to increase from $590.74 billion in 2022 to $613.88 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 3.9%. This growth trajectory is set to continue, with the market size forecasted to reach $679.80 billion in 2027, maintaining a steady CAGR of 2.6%.

Key Points: 
  • With a surge in international mobility among students, faculty, and academic programs, educational institutions are rapidly expanding their global presence.
  • As education transcends borders, the construction market responds with innovative and internationalized building projects, driving market growth.
  • The education buildings market is characterized by a high degree of fragmentation, featuring numerous players operating in the market.
  • In 2022, the top ten competitors accounted for just 1.07% of the total education buildings market.

The Education Buildings Market Is Expected To Grow At A Rate Of More Than 2%, Driven By The Rising Globalization Of Education - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The Business Research Company's Education Building Global Market Report 2023, the global education buildings market is poised for substantial growth, with the market size projected to increase from $590.74 billion in 2022 to $613.88 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 3.9%. This growth trajectory is set to continue, with the market size forecasted to reach $679.80 billion in 2027, maintaining a steady CAGR of 2.6%.

Key Points: 
  • With a surge in international mobility among students, faculty, and academic programs, educational institutions are rapidly expanding their global presence.
  • As education transcends borders, the construction market responds with innovative and internationalized building projects, driving market growth.
  • The education buildings market is characterized by a high degree of fragmentation, featuring numerous players operating in the market.
  • In 2022, the top ten competitors accounted for just 1.07% of the total education buildings market.

Augmented Reality Devices Market Is Set To Reach $10 Billion By 2027 With Rising Demand From The Healthcare Industry - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023  /PRNewswire/ -- As per The Business Research Company's Augmented Reality Devices Global Market Report 2023, the global augmented reality devices market is on the verge of significant growth, with the market size projected to surge from $7.59 billion in 2022 to $8.13 billion in 2023, marking a notable Compound Annual Growth Rate (CAGR) of 7.1%. This growth trend is expected to continue, with the augmented reality devices market size forecasted to reach $10.61 billion in 2027, maintaining a robust CAGR of 6.9%.

Key Points: 
  • This growth trend is expected to continue, with the augmented reality devices market size forecasted to reach $10.61 billion in 2027, maintaining a robust CAGR of 6.9%.
  • One of the primary drivers of this growth is the widespread adoption of augmented reality (AR) technology in the healthcare industry.
  • The global augmented reality devices market is characterized by a fair degree of concentration, with the top ten competitors accounting for 37.0% of the total market share in 2022.
  • Stay tuned for further developments and insights into this dynamic augmented reality devices market.

Augmented Reality Devices Market Is Set To Reach $10 Billion By 2027 With Rising Demand From The Healthcare Industry - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023  /PRNewswire/ -- As per The Business Research Company's Augmented Reality Devices Global Market Report 2023, the global augmented reality devices market is on the verge of significant growth, with the market size projected to surge from $7.59 billion in 2022 to $8.13 billion in 2023, marking a notable Compound Annual Growth Rate (CAGR) of 7.1%. This growth trend is expected to continue, with the augmented reality devices market size forecasted to reach $10.61 billion in 2027, maintaining a robust CAGR of 6.9%.

Key Points: 
  • This growth trend is expected to continue, with the augmented reality devices market size forecasted to reach $10.61 billion in 2027, maintaining a robust CAGR of 6.9%.
  • One of the primary drivers of this growth is the widespread adoption of augmented reality (AR) technology in the healthcare industry.
  • The global augmented reality devices market is characterized by a fair degree of concentration, with the top ten competitors accounting for 37.0% of the total market share in 2022.
  • Stay tuned for further developments and insights into this dynamic augmented reality devices market.

Global Integrated Marine Automation System Market to Reach $6.8 Billion in 2027, Driven by Growing Cruise Industry Demand - By The Business Research Company

Retrieved on: 
Friday, October 6, 2023

LONDON, Oct. 6, 2023 /PRNewswire/ -- A per The Business Research Company's Integrated Marine Automation Global Market Report 2023, the integrated marine automation system market is experiencing remarkable growth, with the global market size set to increase from $4.37 billion in 2022 to $4.81 billion in 2023, marking a robust compound annual growth rate (CAGR) of 10.1%. Furthermore, the integrated marine automation system market is poised to expand to $6.8 billion by 2027, at a CAGR of 9.0%.

Key Points: 
  • Furthermore, the integrated marine automation system market is poised to expand to $6.8 billion by 2027, at a CAGR of 9.0%.
  • The burgeoning demand for cruises is a pivotal factor propelling the integrated marine automation system market .
  • Leading companies in the integrated marine automation system market are prioritizing the integration of artificial intelligence (AI) to enhance operational efficiency.
  • The global integrated marine automation system market is segmented based on key factors:

Global Integrated Marine Automation System Market to Reach $6.8 Billion in 2027, Driven by Growing Cruise Industry Demand - By The Business Research Company

Retrieved on: 
Friday, October 6, 2023

LONDON, Oct. 6, 2023 /PRNewswire/ -- A per The Business Research Company's Integrated Marine Automation Global Market Report 2023, the integrated marine automation system market is experiencing remarkable growth, with the global market size set to increase from $4.37 billion in 2022 to $4.81 billion in 2023, marking a robust compound annual growth rate (CAGR) of 10.1%. Furthermore, the integrated marine automation system market is poised to expand to $6.8 billion by 2027, at a CAGR of 9.0%.

Key Points: 
  • Furthermore, the integrated marine automation system market is poised to expand to $6.8 billion by 2027, at a CAGR of 9.0%.
  • The burgeoning demand for cruises is a pivotal factor propelling the integrated marine automation system market .
  • Leading companies in the integrated marine automation system market are prioritizing the integration of artificial intelligence (AI) to enhance operational efficiency.
  • The global integrated marine automation system market is segmented based on key factors:

Automotive Electronics Market Forecast 2023-2027: Estimated Market Size, Growth Drivers And Lucrative Segment - By The Business Research Company

Retrieved on: 
Friday, October 6, 2023

LONDON, Oct. 6, 2023 /PRNewswire/ -- As per The Business Research Company's Automotive Electronics Global Market Report 2023, the automotive electronics industry is witnessing unprecedented growth, with the global market poised to reach $279.13 billion in 2023, compared to $254.59 billion in 2022, representing an impressive compound annual growth rate (CAGR) of 9.6%. Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.

Key Points: 
  • Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.
  • The surge in demand for electric vehicles (EVs) is a primary driver of the automotive electronics market .
  • The automotive electronics market is characterized by a concentration of major players, with the top ten competitors accounting for 48.50% of the total market in 2022.
  • The automotive electronics market in Asia-Pacific is bolstered by the rise of autonomous technologies and significant demand for electric vehicles.

Automotive Electronics Market Forecast 2023-2027: Estimated Market Size, Growth Drivers And Lucrative Segment - By The Business Research Company

Retrieved on: 
Friday, October 6, 2023

LONDON, Oct. 6, 2023 /PRNewswire/ -- As per The Business Research Company's Automotive Electronics Global Market Report 2023, the automotive electronics industry is witnessing unprecedented growth, with the global market poised to reach $279.13 billion in 2023, compared to $254.59 billion in 2022, representing an impressive compound annual growth rate (CAGR) of 9.6%. Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.

Key Points: 
  • Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.
  • The surge in demand for electric vehicles (EVs) is a primary driver of the automotive electronics market .
  • The automotive electronics market is characterized by a concentration of major players, with the top ten competitors accounting for 48.50% of the total market in 2022.
  • The automotive electronics market in Asia-Pacific is bolstered by the rise of autonomous technologies and significant demand for electric vehicles.