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Desktop Virtualization Sees Surge Among SMEs and Enterprises

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According to the latest market research study published by P&S Intelligence, the global desktop virtualization market is experiencing significant growth, with revenues projected to increase from USD 15.3 billion in 2024 to USD 32.7 billion by 2032 , reflecting a compound annual growth rate (CAGR) of 9.8% during the forecast period. This surge is driven by the numerous advantages virtual desktops offer over traditional physical machines, including simplified administration, cost efficiency, enhanced productivity, compatibility with various device types, robust security measures, agility, scalability, and improved user experiences. Key Insights The adoption of desktop virtualization is accelerating as organizations seek to reduce operating expenses and enhance profitability. By transitioning to cloud computing environments, companies can offload software, databases, and applications to third-party servers, thereby minimizing IT hardware costs.​ The COVID-19 pandemic has acted as ...

U.S. Chatbots Market to Experience Robust Growth in Coming Years

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According to the latest market research study published by P&S Intelligence, the U.S. chatbots software market is on a robust growth trajectory, projected to expand from USD 1,107.9 million in 2024 to USD 6,232.5million by 2032 , with a compound annual growth rate (CAGR) of 24.3%. This growth is driven by the increasing demand for automation in customer service operations, where businesses are leveraging AI and natural language processing (NLP) to enhance user engagement and streamline service delivery. The growing prevalence of smartphones and social media platforms further accelerates chatbot adoption, especially as companies seek scalable solutions to improve customer support efficiency without significantly increasing operational costs. Technological advancements, including the integration of machine learning (ML) and AI into chatbots, are enabling more complex and personalized interactions. The contact center remains the largest application area, while mobile platforms repre...

Asia-Pacific to Lead Cognitive Computing Market Growth by 2032

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According to the latest market research study published by P&S Intelligence, the global cognitive computing market is experiencing remarkable growth, projected to increase from USD 54.3 billion in 2024 to USD441.5 billion by 2032 , with a compound annual growth rate (CAGR) of 30.1% during the forecast period. This rapid expansion is largely fueled by the increasing integration of artificial intelligence (AI), machine learning, and cloud technologies across industries. Cognitive computing technologies, including Natural Language Processing (NLP) and machine learning, are revolutionizing sectors such as healthcare, retail, finance, and IT. As companies seek to enhance decision-making capabilities, the growing adoption of big data analytics and machine-to-machine technologies plays a pivotal role in driving the market forward. To learn more about this report:  https://bit.ly/4iWqLBu Key Insights The NLP technology is projected to dominate the cognitive computing market, accounti...

Rising Cyber Threats Drive Growth in Embedded Security Market

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According to the latest market research study published by P&S Intelligence, the global embedded security market is on track for significant growth, projected to reach USD 12.9 billion by 2032 , up from USD 8.1 billion in 2024. This growth is driven by the increasing prevalence of cyberattacks and the rising number of connected devices, such as smart wearables and IoT systems, which are highly vulnerable to data breaches. The market is expanding at a 5.9% CAGR during the forecast period (2025–2032). Embedded security solutions, especially in digital payments and IoT devices, are crucial for safeguarding sensitive data and ensuring secure communication across various sectors like automotive, healthcare, and consumer electronics. Regulatory measures and technological advancements continue to shape this dynamic landscape. Download free Report Sample Now Key Insights The embedded security market is segmented by offering into hardware, software, and services, with hard...

Global Self-Service Technology Market Set for Rapid Growth

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According to the latest market research study published by P&S Intelligence, the global self-service technology market is poised for robust growth, expected to expand from USD 41.6 billion in 2024 to USD 87.9 billion by 2032, reflecting a compound annual growth rate (CAGR) of 9.9%. This surge is attributed to the increasing demand for automated devices, such as ATMs, kiosks, and vending machines, as well as advancements in wireless connectivity and biometric security. The retail sector, which is the largest end user, continues to drive significant demand, supported by the growing trend towards self-checkout systems that streamline operations and enhance customer service. Government initiatives promoting cashless payments and the rising adoption of self-service systems in sectors like banking and retail also contribute to the market's expansion. The Asia-Pacific region is expected to lead this growth, offering substantial opportunities for industry players as technological ad...

Asia-Pacific Leads EdTech Boom as Digital Classrooms Rise

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The global education technology (EdTech) market was valued at $298.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030, reaching $911.9 billion by 2030. This significant growth is primarily driven by the integration of artificial intelligence (AI) and the digitalization of educational solutions. Traditionally, educational curricula have been standardized, lacking customization to individual student needs. AI addresses this by enabling the creation of personalized courses through the analysis of learners' behaviors, thereby enhancing engagement and knowledge retention. Get the sample copy of this report:   https://bit.ly/4htVu8r Key Insights Type Segmentation In 2023, the hardware segment dominated the EdTech market, accounting for approximately 50% of the revenue share. This dominance is attributed to the increased sales of educational devices such as tablets, laptops, and computers. Projections indicate that this seg...

The Future of Digital Transformation in India: Key Trends and Industry Impact

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India is undergoing a significant digital transformation, with businesses across industries embracing technology to enhance efficiency and innovation. The digital transformation market in India was valued at $31.2 billion in 2023 and is projected to skyrocket to $149.1 billion by 2030. This rapid expansion highlights the country’s commitment to integrating digital solutions into its economic framework, fostering a tech-driven future. From manufacturing and financial services to healthcare and retail, organizations are leveraging advanced technologies such as the Internet of Things (IoT), cloud computing, and enterprise resource planning (ERP) systems to improve operational efficiency and customer experience. As the government continues to promote digital adoption through various initiatives, the landscape is set for even greater transformation. To learn more about this report:  https://bit.ly/42PSdM9 IoT Adoption is Driving Industrial Growth The adoption of IoT technology is o...