Market Research Insights

  San Francisco, 7 Sep 2023:  The Report  Virtual Fitting Room Market  Size, Share & Trends Analysis Report By End-use (Physical Store, Virtual Store), By Component (Hardware, Software), By Application (Apparel, Eyewear), By Region, And Segment Forecasts, 2023 - 2030 The global virtual fitting room market size is expected to reach USD 20.63 billion by 2030, growing at a CAGR of 24.1% from 2023 to 2030, according to a new study by Grand View Research, Inc. The prevalence of high-tech simulations to mimic face-to-face buying behavior with the help of advanced 3D technologies is expected to drive the market growth. Furthermore, the intervention of digital transformation technologies, such as Artificial Intelligence (AI) and Augmented Reality (AR), is projected to create numerous growth opportunities for virtual fitting rooms over the forecast period. Virtual try-on technology is proving to be highly advantageous for retailers and is experiencing a surge in consumer adoption and prefer

  San Francisco, 7 Sep 2023:  The Report   Decentralized Identity Market  Size, Share & Trends Analysis Report By Identity Type (Biometrics, Non-biometrics), By End-user (Individual, Enterprises), By Enterprise Size, By Vertical, By Region, And Segment Forecasts, 2023 - 2030 The global decentralized identity market size is projected to reach USD 102.00 billion by 2030, growing at a CAGR of 90.3% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The rising need for interoperability between different identity systems is accentuating the acceptance of decentralized identity. In today's interconnected world, individuals often interact with multiple platforms and services that have their separate identity systems. Decentralized identity solutions provide a standardized framework for identity verification that can be seamlessly integrated across various platforms, enabling interoperability and enhancing user convenience. Furthermore, the impulse for s

  San Francisco, 7 Sep 2023:  The Report   Network Automation Market  Size, Share & Trends Analysis Report By Component (Solutions, Services), By Deployment (On-Premise, Cloud), By Infrastructure, By Enterprise Size, By Vertical, By Region, And Segment Forecasts, 2022 - 2030 The global network automation market size is anticipated to reach USD 15.60 billion by 2030, registering a CAGR of 22.9% over the forecast period, according to a new report by Grand View Research, Inc. Network automation encompasses the process of automating the management, and configuration, testing, operations, and deployment of virtual and physical devices involved in a network. It utilizes software to automate the network and provides management and security to maximize network functionality and efficiency. It also enables prompt network operation units to integrate and configure application services and network infrastructure. Furthermore, the rising adoption of network automation-enabled services in sever

  San Francisco, 7 Sep 2023:  The Report   Load Balancer Market  Size, Share, & Trends Analysis Report By Component, By Service, By Type, By Deployment, By Enterprise size, By End-use, By Region, And Segment Forecasts, 2022 - 2030 The global load balancer market is expected to reach USD 16.14 billion by 2030 registering a CAGR of 14.8% during the forecast period, according to the recent report by Grand View Research, Inc., Increasing adoption of the data center traffic, cloud-based load balancing services, and server virtualization are the major factors that are likely to create opportunities for the load balancer market. Additionally, the load balancer market is driven by favorable government efforts and rising investments in digitization. For instance, due to the increased web traffic, the online ticketing system for the Indian Railway Catering and Tourism Corporation (IRCTC) has seen a notable increase in online transactions. Key players are making investments in network infrast

  San Francisco, 6 Sep 2023:  The Report  Wearable Payments Devices Market  Size, Share & Trends Analysis Report By Device Type (Fitness Tracker, Smart Watches), By Technology, By Application, By Region, And Segment Forecasts, 2021 - 2028 The global wearable payments devices market size is expected to reach USD 80.39 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 29.8% from 2021 to 2028. Over time, payment systems have adapted to suit the needs of customers, such as increased convenience and reduced time while making payments. The growing popularity of contactless payment technology, coupled with the increasing adoption of wearable devices, such as smartwatches for contactless payments, is expected to fuel the market growth over the forecast period. Wearables are gadgets or mobile phones that are worn by users to indirectly or directly interact with the device. Majorly used devices are smartwatches, fitness or health tr

  San Francisco, 6 Sep 2023:  The Report   Enterprise Data Management Market  Size, Share & Trends Analysis Report By End-use (BFSI, Healthcare), By Component (Software, Services), By Deployment, By Enterprise Size, By Services, By Region, And Segment Forecasts, 2023 - 2030 The global enterprise data management market size is anticipated to reach USD 221.58 billion by 2030, registering a CAGR of 12.1% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. An increased use of data quality tools for data management, a surge in cloud deployment for master data management, and rising need for compliance are key driving factors for the growth of the industry. Enterprise data management solutions help in ensuring that the data is highly secured and protected against data loss. Given the rising instances of data breaches, companies not being alert enough to safeguard their assets could be exposed to data threats and may end up with data breaches, tarnished reputat

  San Francisco, 6 Sep 2023:  The Report   Heat Exchanger Market  Size, Share & Trends Analysis Report By Product (Plate & Frame (Brazed, Gasketed, Welded), Shell & Tube, Air Cooled), By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global heat exchanger market size is expected to reach USD 26.26 billion by 2030, registering at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Rising demand from various industries, including chemical & petrochemical, and power generation, along with an increasing focus on improving efficiency standards is expected to drive the market. The presence of favorable government regulations in the emerging economies of China, India, Brazil, and Mexico about setting up new manufacturing facilities is expected to spur the demand for heat exchangers in various industries. In addition, upcoming nuclear power projects, particularly in the Asia Pacific, are anticipated to drive market growth during the forecast perio