Information Technology & Services

  High-frequency Trading Server Industry Overview The global high-frequency trading server market size was valued at USD 387.9 million in 2020 and is expected to register a compound annual growth rate (CAGR) of 3.5% from 2021 to 2028. The need for Ultra-Low Latency (ULL) in the trading ecosystem and the advancements in quantum computing in financial services are expected to drive the market growth over the forecast period. Furthermore, a surge in the need for intent-based networking conducive to a high-frequency trading environment is expected to create opportunities for future growth. High-frequency trading (HFT) servers are based on mathematical algorithms and facilitate high-speed trading transactions in less than nanoseconds. One of the significant traits for such high-speed executions is high power computational analysis, which outperforms conventional stock trading servers. In recent years, market participants have focused on increasing their investments to develop sophisti...

  Europe Data Center Colocation Industry Overview The Europe data center colocation market size was valued at USD 12.81 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 13.1% from 2021 to 2028. Building and operating a data center is an expensive affair and requires a large amount of capital. Small businesses often lack the budget to own a data center, which has led to the rising demand for data center colocation services across Europe. The deployment of colocation data centers helps enterprises in cutting down on maintenance costs while offering high bandwidth and scalability. Moreover, colocation presents an opportunity for data center providers to explore new strategic locations across Europe beyond the Frankfurt, London, Amsterdam, Paris (FLAP) markets. The market is driven by the significant demand for colocation services by hyperscale data center consumers such as large internet businesses and public cloud service providers. Besides build...

  Virtual Fitting Room Industry Overview The global virtual fitting room market size was valued at USD 2.73 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 25.2% from 2021 to 2028. The intervention of Augmented Reality (AR) and Virtual Reality (VR) in virtual fitting room solutions to articulate realistic impressions is expected to majorly fuel the market growth. Furthermore, the rising popularity of the e-commerce sector, growing concerns of online fashion retailers about delivering products that fit appropriately, and the need to cater to the customized demands of customers to survive in an increasingly competitive market are also expected to create promising growth opportunities for the market over the forecast period. A virtual fitting room, an online replica of an in-store changing space, was introduced in the form of 2D overlays and witnessed a slow start in the fashion retail industry. Nonetheless, the market has observed a robust deman...

  Aviation IoT Industry Overview The global aviation IoT market size was valued at USD 4.95 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 21.4% from 2021 to 2028. The exponential growth in air passenger traffic and a strong emphasis on enhancing passenger experience are expected to fuel the growth of the market. Continuous advances in wireless technology and a growing preference for smart airport architecture are contributing to market growth. The aviation industry has witnessed an unprecedented increase in passenger traffic in recent years. Subsequently, airport authorities and airline operators worldwide are aggressively adopting the latest technologies to optimize their business flow and cope with the unabated growth in passenger traffic. The key aviation industry players are particularly adopting data-driven approaches to make their business decisions. Internet of Things (IoT) plays a vital role in collecting data in the aviation industry...

  Data Preparation Tools Industry Overview The global data preparation tools market size was valued at USD 3.08 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 18.6% from 2021 to 2028. Data preparation tools are mainly used for combing data from multiple sources and preparing the data for analysis. Data preparation tools have been in the market for a long time; however, there was a high need for expert assistance earlier. Data preparation finds greater acceptance in data-driven markets such as IT and BFSI. The primary function of these tools is to find the right data at the right time in an efficient way. However, issues arising in data preparation may lead to results that are insufficient and time-consuming, thereby hampering the decision-making process. Demand for self-service data preparation tools is increasing rapidly as enterprises and organizations continue to adopt advanced analytics and Business Intelligence (BI) platforms. Adopting a...

  Household Cooking Appliance Industry Overview The global household cooking appliance market size was valued at USD 261.22 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028. The increasing number of nuclear families, changing food habits, and the growing number of working women and single professionals are expected to drive the growth of the market over the forecast period. Stringent energy efficiency regulations applicable in different parts of the world, easy availability of household kitchen appliances on e-commerce websites, growing preference for home automation, and continued launches of smart cooking products are expected to contribute to the growth. The rising need to reduce human intervention and automate cooking has triggered several innovations in household cooking appliances. As such, manufacturers are typically retaining the original mechanisms and integrating the latest technologies into the modern appliance...

  Pay TV Industry Overview The global pay TV market size was valued at USD 230.68 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) exceeding 1.7% from 2021 to 2028. The emerging demand amongst consumers to leverage better quality content with high picture resolution is offering promising growth opportunities to the market. One of the primary growth drivers of the market is the ability to access high-quality content from different service providers on a single platform at affordable prices. Moreover, pay TV service providers now offer several value-added services such as customizable channel subscriptions, reduced subscription rates, internet connectivity, and bundled packages according to the users’ needs and demands, thus offering profit generation opportunities to service providers. Gather more insights about the market drivers, restrains and growth of the Global Pay TV market Service providers have started adopting integrated broadband broadc...