• According to Fortune Business Insights, the global augmented market size was valued at USD 15.84 billion in 2022. The market is projected to grow from USD 18.68 billion in 2023 to USD 66.54 billion by 2030, exhibiting a CAGR of 19.9% during the forecast period. Augmented analytics makes use of advanced technologies such as artificial intelligence, machine learning and natural language process to assist in analyzing data. Technology helps enterprises in making quick and smarter decisions that support business growth.As per the Mordor Intelligence report, The Cloud High Performance Computing (HPC) Market size is expected to grow from USD 9.50 billion in 2023 to USD 15.50 billion by 2028, at a CAGR of 10.29% during the forecast period (2023-2028). The emergence of big data and complex applications, such as ultra-high-definition workflows, electronic design automatic simulations, etc., across various industries, is driving growth in the market.
  • As per the report by Research & Markets, the global market for Artificial Intelligence (AI) estimated at US$68.8 Billion in the year 2022, is projected to reach a revised size of US$459.3 Billion by 2030, growing at a CAGR of 26.8% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 26.5% CAGR and reach US$188.2 Billion by the end of the analysis period. Growth in the Hardware segment is estimated at 22.9% CAGR for the next 8-year period.
  • As per the Mordor Intelligence report, The Cloud High Performance Computing (HPC) Market size is expected to grow from USD 9.50 billion in 2023 to USD 15.50 billion by 2028, at a CAGR of 10.29% during the forecast period (2023-2028). The emergence of big data and complex applications, such as ultra-high-definition workflows, electronic design automatic simulations, etc., across various industries, is driving growth in the market.
  • According to Expert Market Research, the global software as a service market size reached approximately USD 249.32 billion in 2022. The market is projected to grow at a CAGR of 18.0% between 2023 and 2028, reaching a value of around USD 666.57 billion by 2028. Software as a service (SaaS) is a cloud-based software service that allows the end-user to access software applications over the internet, usually on a subscription basis. In the SaaS model, the service provider hosts and manages the software on a remote server and then provides access to users via web browsers or dedicated applications.
Follow

Leave a Reply

Your email address will not be published. Required fields are marked *