Cloud computing

[New] The cloud computing market is expected to grow at a steady CAGR of 17% between 2019 and 2020.
[New] Though DaaS is expected to grow fastest, Software as a service (SaaS) remains the largest market segment with expected revenue of $104.7 billion in 2020.
[New] In cloud computing, the global cloud radio access network (C-RAN) market alone is expected to reach USD $43.35 billion by 2027, expanding at a CAGR of 22.7%.
[New] Growth in MVAS and cloud computing telecom equipment market is expected to reach US$ 30 billion by 2020.
[New] The global telemedicine technologies market, including hardware, software, and services, was valued at $17.8 billion in 2014 and is predicted to grow at a compound annual growth rate of 18.4% from 2014 to 2020.
[New] The market size of the global Carpooling Software Market was commendable in the previous forecast year and is expected to rise to greater heights in the coming forecast period 2020-2026.
[New] The growing Communications Platform as a Service (CPaaS) market is expected to be worth $17.2 billion globally by 2023.
Gartner predicted that overall IT spending will decline 8% between 2019 and 2020, with areas such as enterprise software and IT services taking major hits, which could signal that organizations may also spend less on security software and services.
The autonomous cars software market is poised to grow by $3.26 bn during 2020-2024 progressing at a CAGR of 36% during the forecast period.
By 2022, 60% of retail banking products and services would be rendered through banking-as-a-service platform over cloud by challenger banks and digital banks in APAC.
The Robot Software Market is expected to exceed more than US$ 10.5 Billion by 2024 at a CAGR of 45% in the given forecast period.
The Infrastructure-as-a-service (IaaS) market is expected to grow by 13.4% to $50.4 billion in 2020, and cloud-based video conferencing tools are also predicted to spike, with spending set to increase by 46.7% over the course of the year.
Wikibon expects Arm-led hardware, frameworks, and software to dominate the enterprise Heterogeneous Compute market segment over the next decade.
The IPTV will remain the leading platform to deliver pay-TV services in Australia through 2024.
Worldwide revenue from AI software will climb from $10.1 billion in 2018 to $126.0 billion in 2025, led in large part by advancements in deep learning technology.
The Neural Network Software Market is expected to register a CAGR of 35.2% during the forecast period 2019-2024.
The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Building Management Software 3900 market in 2020.
Spending on data center systems is projected to fall by 10.3% in 2020, spending on IT services will drop by 6.8%, spending on enterprise software will decline by 5.7%, and spending on communications services will decrease by 3.3%.
All of the five major IT segments will be hit by a decrease in spending in 2020, including data center systems, enterprise software, devices, IT services, and communications services.
Gartner expects that category of enterprise software to grow at a Compound Annual Growth Rate of 12.15% between 2019 and 2024.
The corrugated packaging software market is expected to grow by USD 9 billion during 2020-2024.
The global market for container management software and services will increase from a base of US$ 465.8 million in 2020 to reach values of $944 million in 2024, driven by the adoption in cloud-native applications and infrastructure.

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Last updated: 09 August 2020