Market Trends

Risk Management Software Market Overview Risk Management Software  market size was valued at $10.7 billion in 2020, and it is estimated to grow at a CAGR of 7.7% during 2021-2026.  Adoption of Risk Management software in various industries such as manufacturing, transportation and logistics, pharmaceuticals, and food & beverages sectors drive the market, as this software assist industries in providing equilibrium between supply and demand. Supply chain management encompasses the integrated planning and execution of processes needed to optimize the flow of materials, information, and financial capital in the areas that include demand planning, sourcing, production, inventory management and storage, transportation or logistics and return for excess or defective products. Adoption of this kind of Risk Management software assists in enhancing business processes in applications such as logistic management and enterprise risk management which helps to re...

Overview Architectural Services Market is forecast to reach  $395 billion by 2025 , at a  CAGR of 4.2%  in the forecast period 2020-2025. With the rapid infrastructural development in various developed and developing regions of the world there is a constant upgrade in building design and architectural services across residential, commercial and public sector. Outsourcing of engineering services such as CAD drawing,  architecture description languages   and project designs are increasing as the demand for Technology’s role in architecture is increasing. On the other hand advent of advancements such as VR and AR are playing a significant role in building design. Moreover architecture firms are holding advantage of what virtual reality can offer clients by way of communicating ideas and concepts. Advanced solutions such as 3D modelling,  3D scanning  technology and utilization of high end designing software are some of the factors which propel the growth...

Analytics  is a science of the interpretation of a large amount of data and has been a useful tool for a wide range of industries ranging from IT, telecom and banking to healthcare, government and defense, to name just a few. The education sector, albeit a late adapter, has also recently embraced analytics in order to sift through the sea of information that is available. The purpose of employing learning analytics is to be able to turn data into actionable insights that can further the graduation rates, improve student retention rates and make education more engaging for students. Apart from this, educational institutions are turning to learning analytics with the aim of achieving their strategic goals while enhancing the overall learning experience for students. With each student being unique in his/her ability to cope, learning analytics can help identify struggling students much earlier into a course than was possible before. Students also get the opportunity to take control of...

Audio Conferencing Services Market Overview Audio Conferencing Services Market is forecast  to reach $38.5 billion  by 2026, growing  at a CAGR 12.1%  from 2021 to 2026. Over the last decade, business travel has been seen as an integral part of businesses. However, due to increased competitions, decreasing profits and the need to reduce various operational costs, the companies have focused on adopting audio and video conferencing solutions that eliminate business travel needs. Audio conferencing is one of the prime solutions that eliminated the need to travel from one location to another by conveying the messages and holding online meetings over a simple teleconference. Online meetings that are being held today are considered by huge margins to have reduced costs for the company. The audio-conferencing services market is undergoing rapid transitions in the current scenario. Low cost, easy setup and reliability are some of the characteristics that drive market growth...