Telecom IT services refer to the services that aid telecom firms in developing a robust and high-performance communication network and implementing new business models. It is used to increase productivity in corporate core connectivity workloads and provide effective customer service. The main solutions of telecom IT services are CRM, mobile commerce, enterprise mobility, network management, supply chain management, OSS BSS and others. CRM refers to customer relationship management, a user-friendly tool that enables customer service agents to create distinctive and individualized customer relationships. The various deployment types involved are cloud-based, on-premise and hybrid used in small and medium-sized businesses (SMBs) and large enterprises. It is used for commercial and residential applications. The global telecom IT services market is segmented - 1) By Solution: CRM, Mobile Commerce, Enterprise Mobility, Network Management, Supply chain Management, OSS BSS, Other Solutions 2) By Deployment Type: Cloud-Based, On-Premise, Hybrid 3) By Organization Size: Small And Medium-Sized Businesses (SMBs), Large Enterprises 4) By Application: Commercial, Residential The global telecom IT services market size is expected to grow from $957.28 billion in 2022 to $1,089.43 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global telecom IT services market size is expected to reach $1,905.39 billion in 2027 at a CAGR of 15%. The increasing use of smartphone devices is expected to propel the growth of the telecom IT services market going forward. Smartphones are portable electronic gadgets enabling users to browse the internet, send and receive texts. Mobile technology allows users to access information, making services more flexible. Telecom IT service providers are concentrating on providing backend support and creating data-based offers; thus, the increasing use of smartphone devices will propel the market's growth. For instance, in December 2021, according to the annual business report published by Samsung Electronics Co., Ltd., a South Korea-based electronics corporation, the global smartphone market has grown significantly to reach 1.36 billion units in 2021, from 1.30 billion units in 2020. Therefore, the increasing use of smartphone devices is driving the growth of the telecom IT services market. Major players in the telecom IT services market are Accenture plc, Amdocs, ALE International SAS, Capgemini SE, Cognizant, Ericsson, HP Inc, Huawei Technologies Co, The International Business Machines Corporation, Oracle Corporation, WTG Technologies Limited, X4 Solutions, Telarus Inc., Intellisys Communication Inc, and Telecom Brokerage Inc. Technological advancements are key trends gaining popularity in the telecom IT services market. Major companies operating in the telecom IT services market are adopting new technologies to sustain their position in the market. For instance, in February 2023, HCL Technologies Limited, an India-based information technology services and consulting company, launched CloudSMART Modernization Experience and Site Reliability Engineering (SRE), two new technology suites to help expedite the modernization of telecom networks using Cloud Native platforms. HCLTech's cutting-edge CloudSMART Modernization Experience for telecom enables the use of open-source and off-the-shelf IT vendor solutions. This allows telecom service providers to develop bespoke solutions by merging best-of-breed platforms from various network solution vendors. HCLTech's SRE enablement for Cloud Native telecom allows a comprehensive set of practices required to conduct large-scale telecom operations on current Cloud Native platforms successfully. It enables telecom service providers to improve and sustain industry-leading dependability levels by incorporating modern SRE practices into their operations. This results in increased efficiencies while decreasing lock-in with traditional telecom network providers. In February 2023, Waterfield Technologies Inc, a US-based customer engagement solutions provider, acquired Dice Communications for an undisclosed amount. The acquisition will expand Waterfield Tech's solution portfolio with complementary services and add new, value-added services for current customers, increasing contact center efficiencies and having a favorable financial impact. Dice Communications is a US-based IT and telecom solution company providing networking, security infrastructure, wireless LAN infrastructure, Disaster Recovery as a Service, and IT-managed services. Asia-Pacific was the largest region in the telecom IT services market in 2022 and is expected to be the fastest-growing region in the global telecom IT services market report forecast period. The regions covered in the global telecom IT services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the telecom IT services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The telecom IT services market includes revenue earned by entities by providing infrastructure management solutions, big data analytics, customer experience management, and transfer management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The telecom IT services market research report is one of a series of new reports from The Business Research Company that provides telecom IT services market statistics, including telecom IT services industry global market size, regional shares, competitors with telecom IT services market share, detailed telecom IT services market segments, market trends, and opportunities, and any further data you may need to thrive in the telecom IT services industry. This telecom IT services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A 5G non-terrestrial network (NTN) is a wireless communication network that uses satellites, drones, or other aerial platforms to provide high-speed internet and other communication services. 5G NTN operates in space or the upper atmosphere, allowing for global coverage and increased capacity. The main components of 5G NTN include hardware, solutions and services. Hardware refers to devices and machinery, both internal and external, that allow important tasks like input, output, storage, communication, processing, and more. It is operated in various platforms including UAS platform, LEO platform, GEO platform and MEO platform for EMBB, URLLC and MMTC applications in end-users such as maritime, aerospace and defense, government, mining and other end-users. The global 5G NTN market is segmented - 1) By Component: Hardware, Solutions, Services 2) By Platform: UAS Platform, LEO Platform, GEO Platform, MEO Platform 3) By Application: Enhanced Mobile Broadband (EMBB), Ultra-Reliable Low-Latency Communication (URLLC), Massive Machine-Type Communications (MMTC) 4) By End-User: Maritime, Aerospace And Defense, Government, Mining, Other End-Users The global 5G NTN market size is expected to grow from $3.28 billion in 2022 to $4.51 billion in 2023 at a compound annual growth rate (CAGR) of 37.56%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global 5G NTN market size is expected to reach $11.72 billion in 2027 at a CAGR of 26.96%. The rise in connected devices is expected to propel the growth of the 5G NTN market. Any appliance that is connected to the Internet and may communicate with other devices on the network is referred to as a connected device. 5G-NTN technology provides faster download and upload speeds, reduced latency, and larger capacity than previous generations of mobile networks, making it ideal for supporting many connected devices. For instance, in January 2023, according to the report by the National Association of Insurance Commissioners, a US-based standard-setting and regulatory support organization, increasing numbers of connected devices are anticipated to go onto IoT platforms, whose value will increase from $10.3 billion in 2019 to $13.3 billion in 2025. These technologies caused a sharp rise in the number of devices connected in 2021, and it is anticipated that this number will reach 500 million by the end of 2022. Therefore, the rise in connected devices is driving the growth of the 5G NTN market going forward. Major players in the 5G NTN market are Anritsu Corporation, AST and Science LLC, GateHouse SatCom A/S, Globalstar Inc, Gilat Satellites Network, EchoStar Corporation, Media Tek Inc, Nelco Limited, Inmarsat Global Limited, Nokia Corporation, OneWeb Network Access Associates Limited, Qualcomm Technologies Inc, Intelsat US LLC, Rhode and Schwarz GmbH, Keysight Technologies Inc, Omnispace LLC, Inmarsat Global Limited, Telefonaktiebolaget LM Ericsson, and Thales Group. Technological advancements are the key trend gaining popularity in the 5G NTN market. Major players in the 5G NTN market are focusing on producing innovative products to strengthen their market position. For instance, in February 2023, Samsung, a South Korea-based mobile device manufacturer, launched a new, secure, and standardized 5G non-terrestrial network. Samsung's NTN technology will assist global telecom operators, mobile device manufacturers, and chip manufacturers in improving service interoperability and scalability. This technology will be integrated into Samsung's Exynos modem solutions, speeding the commercialization of 5G satellite communications and opening the road for the 6G-powered Internet of Everything (IoE). In December 2022, E-Space, a France-based global space company, signed a definitive agreement to acquire CommAgility for an undisclosed amount. With the acquisition, CommAgility's specialized 3GPP 5G NTN (Non-Terrestrial Networks) source code is integrated into E-Space's vertically integrated capabilities, which allows E-Space to innovate more quickly in the areas of 5G NTN, 5G-Advanced, and 6G, as well as more quickly develop satellite payloads and customer use cases and continuously improve its space-based connectivity solutions. CommAgility is the UK-based world's largest independent developer of embedded signal processing and radio frequency (RF) modules designed for 4G and 5G mobile networks. North America was the largest region in the 5G NTN market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global 5G NTN market report during the forecast period. The regions covered in the global 5G NTN market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 5G NTN market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 5G NTN market includes revenues earned by entities by services such as computer networking, broadcasting, systems design services, and information distribution technologies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The 5G NTN market consists of sales of 5G networks, including 3GPP, GEO, MEO, LEO, and HAPS. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The 5G NTN market research report is one of a series of new reports from The Business Research Company that provides 5G NTN optical components market statistics, including 5G NTN optical components industry global market size, regional shares, competitors with a 5G NTN optical components market share, detailed 5G NTN optical components market segments, market trends and opportunities, and any further data you may need to thrive in the 5G NTN optical components industry. This 5G NTN optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Bluetooth 5.0 is one of the newest versions of the short-range wireless standard. When compared to its previous versions several enhancements like longer range, faster data transfer speeds, and better power efficiency increase the bandwidth to allow for distribution to two wireless devices at once. The main components of the Bluetooth 5.0 include hardware, solutions, software development kit, protocol stacks, and services. Hardware refers to the exterior and internal devices and equipment that enable it to perform its main functions. They are used in various applications including audio streaming, data transfer, location services, and device networks for use in end-users including consumer electronics, automotive, healthcare, industrial automation, and other end-users. The global Bluetooth 5.0 market is segmented - 1) By Component: Hardware, Solutions, Software Development Kit, Protocol Stacks, Services 2) By Application: Audio Streaming, Data Transfer, Location Services, Device Networks 3) By End-User: Consumer Electronics, Automotive, Healthcare, Industrial Automation, Other End Users The global Bluetooth 5.0 market size is expected to grow from $3.96 billion in 2022 to $4.42 billion in 2023 at a compound annual growth rate (CAGR) of 11.86%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global Bluetooth 5.0 market size is expected to reach $7.00 billion in 2027 at a CAGR of 12.15%. The increasing demand for audio devices is expected to propel the growth of the Bluetooth 5.0 market going forward. An audio device means a device that can receive and process an audio signal. Audio listening devices allow users to listen to various media, including cassettes, compact discs, and audio files. The demand and desire for mobility and flexibility continue to increase in Bluetooth audio streaming. Bluetooth technology is also helping create new products, from broadcast audio to enhanced hearing assistance. For instance, on May 2022, according to Trinity Audio, an Israel-based media company, in terms of online audio listening, there is a significant rise in listeners year over year. Data showed that 73% or an estimated 209 million people of the U.S. 12+ population are listening to online audio every month, up from 68% in 2021 or about 16 million more listeners. Therefore, the increase in demand for audio devices is driving the growth of the Bluetooth 5.0 market going forward. Major players in the Bluetooth 5.0 market are Qualcomm Technologies Inc., Nordic Semiconductor, MediaTek Inc., Broadcom Inc., Silicon Laboratories Inc., Realtek Semiconductor Corp, Microchip Technology, NXP Semiconductors, Texas Instruments, Renesas Electronics Corporation, Goodix Technology, Telit Cinterion, Inventek Systems, Ceva Inc. and Laird Connectivity. Technological advancements are a key trend gaining popularity in the Bluetooth 5.0 market. Major companies operating in the Bluetooth 5.0 market are developing innovative technologies to sustain their position in the market. For instance, in 2021, Cassia Networks launched the X2000 Bluetooth gateway, which provides secure, long-range, multiple-device connectivity for enterprise-grade IoT. This indoor/outdoor gateway provides seamless Bluetooth locations and coverage for Industry 4.0 and provides long-range connectivity up to 1km with Bluetooth 5 in open space. In April 2022, Silicon Laboratories Inc., a US-based provider of silicon, software and solutions acquired Redpine Signals Inc., for an undisclosed amount. With the acquisition, Redpine Signals' assets would accelerate Silicon Labs' roadmap for Wi-Fi 6 technology and also adds Bluetooth Classic IP for audio applications. Redpine Signals Inc., is a US-based semiconductor and system solutions company that is focused on the innovative development of ultra-low power and high-performance wireless and MCU products. North America was the largest region in the Bluetooth 5.0 market in 2022. North America is expected to be the fastest-growing region in the global Bluetooth 5.0 market report during the forecast period. The regions covered in the global Bluetooth 5.0 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Bluetooth 5.0 market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The Bluetooth 5.0 market includes revenues earned by entities by providing Bluetooth products and services. Bluetooth solution consists of antenna/rf components, Bluetooth hardware and firmware, Bluetooth software protocol stack, and the application. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The Bluetooth 5.0 market research report is one of a series of new reports from The Business Research Company that provides Bluetooth 5.0 optical components market statistics, including Bluetooth 5.0 optical components industry global market size, regional shares, competitors with a Bluetooth 5.0 optical components market share, detailed Bluetooth 5.0 optical components market segments, market trends, and opportunities, and any further data you may need to thrive in the Bluetooth 5.0 optical components industry. This Bluetooth 5.0 optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The 5G core is the 5G network's central component that is responsible for managing data and controlling plane activities. It facilitates secure and dependable network connectivity for end-users and grants them access to network services. The main components of the 5G core include solutions and services. In the context of network operations, services are applications or functions that assist in establishing connections among users, applications, and data within a network. The various solutions included are professional services and managed services deployed over cloud and on-premise. The various network functions include AMF, SMF, UPF, PCF, NEF, UDM, AUSF, AF and NSSF that are used by telecom operators and enterprises. The global 5G core market is segmented - 1) By Component: Solutions, Services 2) By Solutions: Professional Services, Managed Services 3) By Deployment: Cloud, On-Premises 4) By Network Function: Access and Mobility Management (AMF), Session Management Function (SMF), User Plane Function (UPF), Policy Control Function (PCF), Network Exposure Function (NEF), Network Repository Function (NRF), Unified Data Management (UDM), Authentication Server Function (AUSF), Application Function (AF), Network Slicing Selection Function (NSSF) 5) By End-User: Telecom Operators, Enterprises The global 5G core market size is expected to grow from $2.23 billion in 2022 to $3.65 billion in 2023 at a compound annual growth rate (CAGR) of 63.94%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global 5G core market size is expected to reach $33.16 billion in 2027 at a CAGR of 73.58%. The explosion of data traffic is expected to propel the growth of the 5G core market moving forward. Data traffic referred to as network traffic pertains to the volume of data that is being transmitted through a network at a particular point in time. Utilizing 5G Core for data traffic management offers various advantages such as enhanced network capabilities, service exposure, and traffic steering features. These benefits offer additional tools for optimizing traffic management and achieving efficient data traffic handling. For instance, according to a report published by Telefonaktiebolaget LM Ericsson, a Sweden-based provider of IT services, worldwide mobile data traffic hit roughly 90 EB per month in 2022 and is estimated to surge by nearly four times, reaching 325 EB per month by 2028. Therefore, the explosion of data traffic demands increased utilization of the 5G core. Major players in the 5G core market are Nokia Corporation, Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., Cisco Systems Inc., Affirmed Networks, ZTE Corporation, NEC Corporation, Oracle Corporation, Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise Company, HRMavenir Systems Inc., Druid Software Ltd, IPLOOK Technologies, AT&T Inc., and Orange Business Services. Technological advancements are key trends gaining popularity in the 5G core market. Companies operating in the 5G core market are adopting new technologies to sustain their position in the market. For instance, in November 2022, Nokia Corporation, a Finland-based global leading telecommunication service provider introduced a software-as-a-service (SaaS) alternative for its enterprise customers who want an easier way to deploy the 5G standalone (SA) core network, alongside its existing offerings. Through a subscription service, the company provides 5G Core SaaS on-demand, removing the need for an upfront cost and the responsibility of managing software maintenance and updates through an operator. Nokia Core SaaS is the market's first complete 5G core solution, delivering all key cloud-native network services via a SaaS delivery paradigm. For instance, in February 2023, Hewlett Packard Enterprise, a US-based global leader of IT services, acquired Athonet srl. The acquisition of Athonet's technology will enable HPE to supply private networking capabilities directly to enterprises as part of its Aruba networking portfolio, as well as enable communications service providers (CSPs) to quickly establish private 5G networks for their clients. Athonet srl is an Italy-based telecommunication service provider. Asia-Pacific was the largest region in the 5G core market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global 5G core market report during the forecast period. The regions covered in the global 5G core market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 5G core market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 5G core market includes revenues earned by entities through services such as service-based architecture and cloud-based architecture. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The 5G core market research report is one of a series of new reports from The Business Research Company that provides 5G core optical components market statistics, including 5G core optical components industry global market size, regional shares, competitors with a 5G core optical components market share, detailed 5G core optical components market segments, market trends and opportunities, and any further data you may need to thrive in the 5G core optical components industry. This 5G core optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

IoT in construction refers to internet-connected tools and equipment that are utilized to increase effectiveness and efficiency during construction projects. IoT (Internet of Things) keeps an eye on materials, personnel, and machinery, saves man-hours, and ensures that the building project continues on schedule. lot is used in construction to keep track of the whereabouts, functionality, safety, and general condition of personnel, tools, and equipment. The main types of IoT in construction are hardware, software, connectivity and services. IoT hardware consists of a variety of components, such as bridges, sensors, routers, and others, that perform crucial functions including activating systems, identifying support-specific objectives, and ensuring device security and communications. The various applications involved are machine control, site monitoring, fleet management, wearables, and others that are used by residential, and non-residential end users. The global loT in construction market is segmented - 1) By Type: Hardware, Software, Connectivity, Services 2) By Application: Machine Control, Site Monitoring, Fleet Management, Wearables, Other Applications 3) By End User: Residential, Non-Residential The global loT in construction market size is expected to grow from $10.16 billion in 2022 to $11.90 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global loT in construction market size is expected to reach $21.26 billion in 2027 at a CAGR of 15.6%. The increasing demand for construction and infrastructure activities is expected to propel the growth of the IoT in the construction market going forward. Construction refers to an activity of putting together various elements to create a structure for a specific location, using a detailed design and plan. The IoT in the construction industry assists in developing a sustainable plan for employing recycled materials and using zero waste vocabulary. This can also assist in educating the labor force about the sustainable construction concept, as a result, increasing demand for construction activities increases the demand for IoT in construction. For instance, in June 2021, according to the Stats NZ Tauranga Aotearoa, a New Zealand-based government data agency, building activities increased by 3.7 percent in March 2021. Further, in 2021, residential activities rose 4.3 percent compared to 2020. Additionally, according to the U.S. Census Bureau, a principal agency of the U.S. Federal Statistical System, responsible for producing data about the American people and economy, the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022 with a growth rate of 10.2 percent. Therefore, increasing demand for construction and infrastructure activities is driving the growth of the IoT in the construction market. Major players in the lot in construction market are Trimble Inc., Pillar Technologies Inc., Triax Technologies, Brickeye, Hilti Corporation, Topcon Corporation, Autodesk Inc., Oracle Corporation, Hexagon Metrology AB, Sigfox, Caterpillar Inc., Losant IoT, Giatec Scientific Inc., WorldSensing, and Kore Wireless Group. Technological advancements are the key trends gaining popularity in IoT in the construction market. Major companies operating in IoT in construction are developing new technologies for strengthening the demand for the market. For example, in 2023, EarthCam, a US-based company that provides live streaming and time-lapse construction cameras launched IoT StreamCam 4K for retail interior construction. With the new IoT StreamCam 4K, one 4G LTE (long-term evolution) data connection may be shared by up to eight different low-power wireless devices. This affordable platform enables a variety of small, add-on cameras and IoT devices to record interior development and job site conditions. An efficient photo time clock that precisely records time-in and time-out can be made by connecting Door Cams to the platform, which will log visitors, track deliveries, and read basic QR codes. Flood, smoke, and glass-breakage alerts are just a few of the configurable IoT device alerts that are available. In 2021, Siemens, Germany's largest industrial manufacturing firm and international conglomerate, acquired Wattsense for an undisclosed amount. With this acquisition, Together with Wattsense, we will hasten the adoption of IoT systems in a broader range of structures, enabling more people and organizations to take advantage of the systems' advantages in terms of sustainability, comfort, and affordability. Wattsense is a France-based hardware and software company that provides small and medium-sized buildings with an avant-garde, plug-and-play IoT management system. North America was the largest region in the loT in construction market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global loT in construction market report during the forecast period. The regions covered in the global loT in construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the loT in construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The IoT in the construction market consists of revenues earned by entities by providing safety, maintenance, resources management and budgeting, concrete curing, structural health monitoring, and waste management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The IoT in the construction market also includes sales of sensors, processors, and gateways which are used for providing services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The IoT in construction market research report is one of a series of new reports from The Business Research Company that provides IoT in construction market statistics, including IoT in construction industry global market size, regional shares, competitors with IoT in construction market share, detailed IoT in construction market segments, market trends, and opportunities, and any further data you may need to thrive in the IoT in construction industry. This IoT in construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Bioinformatics services involve a wide range of computational tools, resources, and analyses utilized in bioinformatics. Bioinformatics services include the identification of connections between technical and biological variables in the study through the assessment of sample metadata, data quality control, and data normalization across samples. The main types of bioinformatics services are sequencing services, data analysis, drug discovery services, differential gene expression analysis, database and management services and other bioinformatics services. Sequencing services refer to the process of finding the precise order of nucleotides in a particular sample. The different bioinformatics services specialties include medical biotechnology, animal biotechnology, plant biotechnology, environmental biotechnology and forensic biotechnology. The applications of bioinformatics services include genomics, chemoinformatics and drug design, proteomics, transcriptomics, metabolomics and other applications used by end-users including academic institute and research centers, hospital and clinics, pharmaceutical and biotechnology companies, CROs and other end users. The global bioinformatics services market is segmented - 1) By Service: Sequencing Services, Data Analysis, Drug Discovery Services, Differential Gene Expression Analysis, Database And Management Services, Other Services 2) By Specialty: Medical Biotechnology, Animal Biotechnology, Plant Biotechnology, Environmental Biotechnology, Forensic Biotechnology 3) By Application: Genomics, Chemoinformatics And Drug Design, Proteomics, Transcriptomics, Metabolomics, Other Applications 4) By End User: Academic Institute And Research Centers, Hospital And Clinics, Pharmaceutical And Biotechnology Companies, CROs, Other End Users The global bioinformatics services market size is expected to grow from $3.19 billion in 2022 to $3.68 billion in 2023 at a compound annual growth rate (CAGR) of 15.19%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bioinformatics services market size is expected to reach $6.67 billion in 2027 at a CAGR of 16.05%. The increasing use of information technology in healthcare is expected to propel the growth of the bioinformatics services market going forward. The increased use of information technology in healthcare has assisted healthcare practitioners in improving the quality of treatment they provide to patients, improving patient safety, increasing efficiency, lowering costs, and improving communication among healthcare professionals. Bioinformatics services, which involve the use of computer science and statistics for analyzing biological data, depend heavily on information technology (IT). For instance, in August 2021, according to the Accenture Health and Life Sciences Experience Survey, a Europe-based company specializing in information technology consulting and services, only 7% of consumers had a virtual consultation with a provider in early 2020, compared to 32% this in 2021. There was also an increase in the use of electronic health records, with 31% of patient group using EHR in 2021. Remote patient monitoring also increased since the previous pre-pandemic assessment. Therefore, the increasing use of information technology in healthcare is driving the growth of the bioinformatics services market going forward. Major players in the bioinformatics services market are Thermo Fisher Scientific Inc., QIAGEN Digital Insights, Illumina Inc., DNAnexus Inc., PerkinElmer Inc., Biomax Informatics AG, Life Technologies Corporation, BGI Group, Eurofins Scientific SE, NeoGenomics Laboratories Inc., CD Genomics, MedGenome Labs, Fios Genomics, Geneva Bioinformatics (GeneBio) SA, GVK Biosciences and Accelerys Inc. Technological advancements are a key trend gaining popularity in the bioinformatics services market. Companies operating in the bioinformatics services market are adopting new technologies to sustain their position in the market. For instance, in July 2022, bitBiome Inc., a Japan-based microbiome analysis company, launched the Enzyme Discovery service. Enzyme Discovery Service is based on the globe's largest microbial genome database (MMGDB) and unique bioinformatics technologies. To create the MMGDB, bitBiome employs its fundamental technology, bit-MAP, a microbial single-cell genome analysis technique, to analyze the human microbiome as well as the environmental bacteria living in soil, the ocean, and hot springs. With its unique bioinformatics and 3D structural modeling technologies, BitBiome provides enzyme discovery services such as searching for optimal sequences from the MMGDB. In May 2022, ZS, a US-based management consulting company, acquired Intomics A/S for an undisclosed sum. This acquisition broadens, diversifies, and enriches ZS's portfolio by combining deep data, academic and scientific experience, technology, and artificial intelligence, which can ultimately accelerate drug discovery and raise the likelihood of success for novel drugs. Intomics A/S is a Europe-based company specializing in bioinformatics and systems biology that operates in the bioinformatics services market. North America was the largest region in the bioinformatics services market in 2022. Europe is expected to be the fastest-growing region in the global bioinformatics services market report during the forecast period. The regions covered in the global bioinformatics services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the bioinformatics services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The bioinformatics services market includes revenues earned by entities through single-cell analysis, proteomics analysis, metabolomics analysis, and epigenetics analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The bioinformatics services market research report is one of a series of new reports from The Business Research Company that provides bioinformatics services market statistics, including bioinformatics services industry global market size, regional shares, competitors with a bioinformatics services market share, detailed bioinformatics services market segments, market trends and opportunities, and any further data you may need to thrive in the bioinformatics services industry. This bioinformatics services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

GDPR (General Data Protection Regulation) services are a set of services designed to assist organizations in complying with the general data protection regulation (GDPR), which is a set of data protection legislation in the European Union (EU) aimed at protecting individuals' privacy and personal data. The main GDPR services types of deployment are on-premises and cloud. On-premises refers to IT infrastructure software and hardware programs that are hosted on-site. The various offerings are data management, API management offered to various organisation that are large enterprise, and small and medium-sized enterprises. The other various offerings are solutions, and services that are used by BFSI, telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, and others. The global GDPR services market is segmented - 1) By Type Of Deployment: On-Premises, Cloud 2) By Offering: Data Management, API Management 3) By Organisation Size: Large Enterprise, Small And Medium-sized Enterprises 4) By Offering: Solutions, Services 5) By End-User Industry: BFSI, Telecom And IT, Retail And Consumer Goods, Healthcare And Life Sciences, Manufacturing, Other End Users The global GDPR services market size is expected to grow from $2.47 billion in 2022 to $3.03 billion in 2023 at a compound annual growth rate (CAGR) of 23.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global GDPR services market size is expected to reach $6.92 billion in 2027 at a CAGR of 16.5%. The growing number of data breaches is expected to propel the growth of the GDPR services market going forward. A data breach occurs when data is stolen or taken from a computer system without the owner's knowledge or authority. It can happen through several methods, including hacking, phishing, malware, or the actual theft of devices storing sensitive information. GDPR services can assist organizations in managing data breaches in a timely and effective manner, minimizing any harm to individuals and the organization's reputation. For instance, in March 2023, according to Astra IT Inc., a US-based company in the computer network and security industry, according to data breach statistics, the data breach grew by 2.6% to $4.35 million in 2022 from $4.24 million in 2021. The average cost of a data breach for critical infrastructure organizations, on the other hand, has risen to $4.82 million. Therefore, the growing number of data breaches is driving the growth of the GDPR services market going forward. Major players in the GDPR services market are The International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, Micro Focus, SAP SE, Capgemini SE, Absolute Software Corporation, Trustwave Holdings Inc., Proofpoint Inc., Veritas Technologies LLC, Informatica Inc., SAS Institute Inc., Amazon Web Services Inc., Mimecast Services Limited, OneTrust LLC, Talend, TrustArc Inc., and Iron Mountain Inc. Technological advancements are the key trends gaining popularity in the GDPR services market. Companies operating in the GDPR services market are adopting new technologies to sustain their position in the market. For instance, in July 2021, Jolocom GMBH, a Germany-based software company, launched SmartWallet 2.0., a digital application provider that leverages blockchain technology for identity proof has released a new version of its app for storing digital assets and identification that is compliant with the European Union's General Data Protection Regulation. To ensure GDPR compliance, digital identities maintained in the app must provide users with a simple and verifiable mechanism to opt out of organizations collecting personally identifying information. In January 2023, OpenText, a Canada-based provider of enterprise information management software, acquired Micro Focus International plc for $5.8 billion. This acquisition broadens, diversifies, and enhances OpenText's portfolio by expanding the company's mission to help enterprise experts secure their businesses, gain greater insight into their data, and better manage a growing hybrid and complex digital fabric with an innovative set of tools that include information security, digital operations management, application modernization and delivery, artificial intelligence, and analytics. Micro Focus International plc is a UK-based software and information technology company that operates in the GDPR services market. Europe was the largest region in the GDPR services market in 2022. North America is expected to be the fastest-growing region in the global GDPR services market report during the forecast period. The regions covered in the global GDPR services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the GDPR services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The GDPR services market includes revenues earned by entities through data discovery and mapping, GDPR software, data governance, and data inventory services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The GDPR service market research report is one of a series of new reports from The Business Research Company that provides GDPR service market statistics, including GDPR service industry global market size, regional shares, competitors with a GDPR service market share, detailed GDPR service market segments, market trends and opportunities, and any further data you may need to thrive in the GDPR service industry. This GDPR service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive simulation refers to the use of computer-based models and algorithms to simulate real-world automotive systems and environments. It offers the sensation to drivers that they are sitting in a real car by mimicking the qualities of a real automotive in a virtual environment. It is used to test and improve vehicle design, performance, safety, and efficiency. The main types of components used in automotive simulation are software and services. Software refers to a collection of instructions, data, or computer programs that are used to run machines and carry out particular activities. It can be deployed in two ways such as on-premises and in the cloud. They are used for various applications, including prototyping and testing, and are used by various end-users, including regulatory bodies, OEMs, and automotive component manufacturers. The global automotive simulation market is segmented - 1) By Component: Software, Services 2) By Deployment: On-Premises, Cloud 3) By Application: Prototyping, Testing 4) By End-User: Regulatory Bodies, OEMs, Automotive Component Manufacturers The global automotive simulation market size is expected to grow from $1.77 billion in 2022 to $2.01 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive simulation market size is expected to reach $3.17 billion in 2027 at a CAGR of 12.1%. Flourishing automotive production and passenger vehicle sales are expected to propel the growth of the automotive simulation market going forward. Passenger vehicles refer to vehicles that are designed to carry people. Automotive simulation is an important step in automotive production, and used to test and improve vehicle design, and performance during manufacturing process to improve efficiency and ensure the safety of the customer. For instance, in April 2021, according to the reports shared by the European Automobile Manufacturers’ Association (ACEA), a Belgium-based association of leading automobile manufacturers, the global production of automobiles in 2021 was 79.1 million units, an increase of 1.3 percent compared to 2020. Furthermore, according to the International Organization of Motor Vehicle Manufacturers, a France-based international trade association, the number of passenger vehicles sold in 2021 increased from 53.91 million in 2020 to 56.39 million. Therefore, the flourishing automobile production and passenger vehicle sales are driving the growth of the automotive simulation market. Major players in the automotive simulation market are Altair Engineering Inc., Ansys Inc., Autodesk Inc., AVL List GmbH, Dassault Systèmes SE, dSpace GmbH, ESI Group, Gamma Technologies Inc., IPG Automotive GmbH, PTC Inc., Siemens AG, Simscale GmbH, SIMUL8 Corporation, Synopsys Inc., The MathWorks Inc., Design Simulation Technologies Inc., and Comsol AB. Technological advancements are a key trend gaining popularity in the automotive simulation market. Major companies operating in the automotive simulation market are focused on developing innovative solutions to strengthen their position in the market. For instance, in December 2021, MORAI, a South Korea-based autonomous vehicle simulation company, launched MORAI SIM Cloud, a new cloud-based autonomous driving simulation technology. MORAI SIM Cloud is a cloud-based Software as a Service (SaaS) solution that allows users to simulate autonomous vehicle operations. This technology's test automation function automatically distributes test cases in a cloud setting to conduct tests and produce results. The cloud-based approach will be crucial in improving test efficiency since it allows users to perform numerous simulation tests, which typically require multiple computers to run, on a single computer at once. In March 2022, Applied Intuition Inc., a US-based autonomous vehicle testing company, acquired Mechanical Simulation Corporation (CarSim) for an undisclosed amount. With this acquisition, Applied Intuition Inc. aims to strengthen its product offerings and optimize its capabilities to better serve its customers by providing a wider range of products and services. Mechanical Simulation Company is a US-based provider of vehicle dynamics simulation software. Asia-Pacific was the largest region in the automotive simulation market in 2022. It is expected to be the fastest-growing region in the global automotive simulation market during the forecast period. The regions covered in the global automotive simulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the automotive simulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive simulation market includes of revenues earned by entities by providing system installation, training, and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive simulation market research report is one of a series of new reports from The Business Research Company that provides automotive simulation market statistics, including automotive simulation industry global market size, regional shares, competitors with a automotive simulation market share, detailed automotive simulation market segments, market trends and opportunities, and any further data you may need to thrive in the automotive simulation industry. This automotive simulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.