Document Capture Software Global Market Report 2023 – By Solution (Multiple Channel Capture, Cognitive Capture, Mobile Capture, Other Solutions), By Deployment (Cloud, On Premise, Hybrid), By Organization Size (Small And Medium Enterprises, Large Enterprises), By Industry (Retail, Banking, Financial Services And Insurance, Telecom And IT, Healthcare, Transportation And Logistics, Energy, Other Industries) – Market Size, Trends, And Global Forecast 2023-2032

Document analytics refer to the usage of natural language processing (NLP) to automate repetitive document processing operations or to obtain a better understanding of the documents' content. The document analytics enables users to track when and how much time is spent on each page of the document. The main products of document analytics are solutions, services, professional services, and managed services. Solutions are used in advanced artificial intelligence and natural language processing. The traditional documentation was extremely time consuming however, the document analytic solutions reduce time. These solutions and services are used in various business verticals, which includes BFSI, government, healthcare and life sciences, retail and eCommerce, manufacturing, transportation and logistics, and others. These solutions and services are installed in large enterprises, and small and medium-sized enterprises (SMEs) through cloud, and on-premise deployment routes. The global document analytics market is segmented - 1) By Product Type: Solutions, Services, Professional Services, Managed Services 2) By Industry Vertical: BFSI, Government, Healthcare and Life Sciences, Retail and eCommerce, Manufacturing, Transportation and Logistics, Other Industry Verticals 3) By Deployment Type: Cloud, On-Premise 4) By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs) The global document analytics market size will grow from $1.63 billion in 2022 to $2.44 billion in 2023 at a compound annual growth rate (CAGR) of 49.8%. 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 market size of the document analytics is expected to grow to $12.22 billion in 2027 at a CAGR of 49.6%. Rising initiatives to digitize content is the significant factor driving the growth of the document analytics market. Various governments are taking steps to digitalize the contents to enhance the security and easy access of the documents, this will increase the usage of document analytics. For instance, in August 2021, the Internal Revenue Service (IRS) of the United States has awarded five $7.5 million contracts using an experimental procurement vehicle in support of a multiple solution competition to digitize paper files. The IRS intended to use the pilot IRS program to test innovative solutions capable of receiving, preparing, reproducing, sorting, storing, validating, returning, and transferring digital files of IRS documents and records to build programs that help the scanning of paper files and the extraction of machine-readable data. The various initiatives to digitalize content will invariably increase the demand for document analytics technologies and services. Hence, the rising initiatives to digitize content is expected to propel the document analytics market growth. Major players in the document analytics market are ABBYY, Celaton, Extract, HCL, HyperScience, IBM, Kofax, WorkFusion, Hyland, Datamatics, Automation, AntWorks, Parascript, Infrrd and OpenText. Adoption of advanced technologies is a key trend in the document analytics market. The key players in the document analytics sector are developing advanced technologies to strengthen their position in the market. For instance, in May 2021, Kofax, a global leader in document and intelligent automation software for digital workflow transformation, has released the latest edition of Kofax ControlSuiteTM, a fully integrated system that automates and secures print management, world-class document capturing, and mobile capabilities. New cloud integrations, analytics dashboards, and unified clients are among the many new features and benefits of ControlSuite. In May 2020, DocuSign, a US-based company that specializes in providing e-signature solutions has acquired AI-driven contract analytics provider, Seal Software for an undisclosed amount. As a result of this acquisition, DocuSign aims to take a step toward incorporating artificial intelligence and machine learning into the digital transformation of the contracting process. Seal Software is a leading analytics provider for contracts and documents and is based in the US. North America was the largest region in the document analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in document analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the document analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The document analytics market includes revenues earned by entities by providing analytics services for analyzing documentary evidence and answering specific research questions. 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 document analytics market research report is one of a series of new reports from The Business Research Company that provides document analytics market statistics, including Document analytics industry global market size, regional shares, competitors with a document analytics market share, detailed document analytics market segments, market trends and opportunities, and any further data you may need to thrive in the document analytics industry. This document analytics 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.

The case management refer to methods for managing data relationships, documents, and processes for cases that require action and resolution, such as investigations, service requests, and incidents. The benefits of case management include digital record-keeping decreasing paperwork and centralized data management allowing for remote access. The main components of case management include solutions and services. Case management software and solutions provide external support for any complex process that needs a combination of human tasks and electronic workflow. The case management solutions help enterprises address various business challenges and manage unforeseen, information-centric tasks. They are deployed on-premises or cloud and used for various business functions, which include included service requests, fraud detection and anti-money laundering, incident management, investigation management, and legal workflow management. These solutions are used by industries ranging from including banking, financial services, and insurance (BFSI), government, healthcare, it and telecom, retail, and manufacturing. The global case management market is segmented - 1) By Component: Solution, Services 2) By Business Function: Service Request, Fraud Detection and Anti-Money Laundering, Incident Management, Investigation Management, Legal Workflow Management 3) By Depolyment Mode: Cloud, On-premises 4) By Organisation Site: Small and Medium-sized Enterprises (SMEs), Large Enterprises 5) By Verticals: Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, IT and telecom, Retail, Manufacturing, Other Verticals The global case management market size will grow from $6.57 billion in 2022 to $7.21 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. 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 market size of the case management is expected to grow to $10.47 billion in 2027 at a CAGR of 9.8%. The healthcare organizations deploying rectification solutions for various case management are significantly increasing the scope of the case management market. The healthcare organizations and related stakeholders are deploying rectification solutions for various case management mainly to correct and reduce errors in data of cases, protect health records, and other reasons. Due to this increased deployment of rectification solutions for various case management, the demand for case management solutions and services will increase as these are effective solutions to manage data digitally while enabling data protection. Case management supports a complex process that requires a blending of electronic workflow and human tasks to avoid errors. For instance, in April 2022, according to an article published by the Office of the National Coordinator for Health Information Technology, a US government department, as of 2021, approximately four out of every five office-based physicians (78%) and virtually all non-federal acute care hospitals (96%) had implemented a certified EHR. This increase shows a significant 10-year improvement from 2011 when 28% of hospitals and 34% of physicians used an EHR. Thus, the healthcare organizations deploying rectification solutions for various case management will drive the case management market growth. Major players in the case management market are DST Systems, Pegasystems, Kofax, Dell Technologies, Newgen Software, Appian, Micropact, IBM, AINS, Pulpstream, Hyland Software, Northern Case Management, VONA Case Management, PriMedical Inc., and Maximus. Technological advancement is a key trend gaining popularity in the case management market. The market is witnessing the implementation of advanced technologies such as artificial intelligence (AI) in case management solutions to enable automation and streamline the case management functionalities. This AI-based case management software captures customer sentiment, refines cases, and automates functions resulting in better case management and efficient resolutions. Key players are focusing on offering AI-based case management software to strengthen their market position. For instance, Sprinklr, a US-based software company offers AI-powered case management software for the automation of workflows and streamlining case handling. It uses AI, listening and monitoring tools, and unified customer experience management (Unified-CXM) platform to discern the customer sentiment, filter cases, and automate workflows, leading to easy case handling, focused case management, and quick case resolutions. It enhances time-to-resolution, customer satisfaction, and cost-efficiency. In February 2021, AccuRisk Solutions LLC, a US-based general underwriting company acquired Case Management Specialist Inc for an undisclosed amount. This acquisition will help AccuRisk provide cost containment services and high-quality medical management services to the clients across the globe. Case Management Specialists Inc is a US-based independent medical management and wellness company that provides a wide range of services including case management. North America was the largest region in the case management market in 2022. The regions covered in the case management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the case management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The case management market includes revenues earned by entities by providing security of sensitive patient data, clients comprehensive assessment, scheduling, charting, treatment planning, and medical billing. 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 case management market research report is one of a series of new reports from The Business Research Company that provides case management market statistics, including case management industry global market size, regional shares, competitors with a case management market share, detailed case management market segments, market trends and opportunities, and any further data you may need to thrive in the case management industry. This case management 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.

Database software is designed to create databases and store, manage, search, and retrieve information. The main types of database software are database operation management, and database maintenance management. Database operation management refers to database software that develops, and supports structured data to maximize the value of data across the enterprise. The database software is used by BFSI (banking, financial services, and insurance), IT and telecommunication, media and entertainment, healthcare, aerospace & defense, and other end-users and deployed through cloud and on-premise. The global database software market is segmented - 1) By Type: Database Operation Management, Database Maintenance Management 2) By End User: BFSI [Banking and Financial Services], IT & Telecommunication, Media & Entertainment, Healthcare, Aerospace & Defense, Other End-Users 3) By Deployment: Cloud, On-Premise The global database software market size will grow from $142.03 billion in 2022 to $163.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.4%. 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 market size of global database software is expected to grow to $274.48 billion in 2027 at a CAGR of 13.8%. Businesses that engage with various types of data for analysis and making future decisions in today's data-driven world must be able to store data without difficulties and with simplicity. The rise of data-driven firms and e-commerce companies will significantly drive and fuel the database software market on a global basis. For instance, according to Forrester, businesses that rely on database management software tools to make decisions are 58% more likely to beat their revenue goals than non-data driven companies. Therefore, this continued increase in data driven businesses drives the database software market. Major players in the database software market are Oracle, Microsoft, IBM, SAP, Amazon, Redis, Teradata, Couch base, SQLite, MongoDB, Tandem, Mark Logic, ArangoDB, MariaDB, TablePlus, EnterpriseOB, RavenDB, NCR, Pervasive Software, FileMaker Inc., Software AG, HP (Vertica System), Informatica Corporation, InterSystems, iWay Software (subsidiary of IBI), MetaMatrix (subsidiary of Red Hat), Actian Corporation. A rising number of security concerns are expected to limit the growth of companies in the database software market during the forecast period. Security concerns have been increasing in recent times due to online availability of personal data. The database software store large databases online and these data of stakeholders/customers are accessed by teams around the globe which poses the potential for mistreatment of data. The data in the database software and other software faces security concerns including corporate/competitive espionage, fraud, ID theft, nations-state espionage and unauthorized sales of data to third-party. These issues restrict the growth of database software. For example, according to Cybersecurity Ventures, a global cyber economy researcher, cybercrime is expected to cost the world $10.5 trillion annually by 2025. The cybercrime costs cover stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, damage and destruction of data, embezzlement, fraud, and others. Thus, the rising number of security concerns will limit the growth of the database software market. With Big Data gaining traction, database software companies are focusing on products to store and process Big Data. Databases such as SQL or NoSQL are tools to store, process and analyze Big Data. Efficient processing and storing of big data enable organizations to gather key insights and patterns from the available data and helps them in making intelligent decisions based on the same. Database software companies are therefore investing in adding new features to enable faster and more effective management of huge volumes of data. Some of the major database software tools include AWS DynamoDB, Azure Cosmos DB, and Amazon DocumentDB. In October 2021, Rocket Software, an American software development firm acquired the database and tools products of Zumasys Inc. for an undisclosed amount. The acquisition enables Rocket to innovate and offer products at scale. Zumasys Inc. is a US-based provider of MultiValue database software. North America was the largest region in the database software market in 2022. Asia-Pacific was the second largest region in the database software market report. The regions covered in the database software analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the database software market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The database software market includes revenues earned by entities by developing and distributing software that are used to develop, modify and maintain database records and files. This software enables users to store data in the form of tables, fields and columns and recover them directly and/or through programmatic access. Database software is used for several reasons ranging from compiling client lists, maintaining bookkeeping tasks to running online web site. 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. 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 database software market research report is one of a series of new reports from The Business Research Company that provides database software market statistics, including database software industry global market size, regional shares, competitors with a database software market share, detailed database software market segments, market trends and opportunities, and any further data you may need to thrive in the database software industry. This database software 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.

Alternative data is characterized as non-traditional data that can give an indicator of a firm's future performance other than conventional sources such as corporate filings, analyst predictions, and management instructions. This information can be utilized in pre-trade investment evaluation as well as to assist investors in monitoring the health of a firm, industry, or nation. The main types of alternative data are credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile application usage, satellite and weather data, social and sentiment data, web scraped data, and web traffic. Credit card transaction data generates information about consumer purchases, allowing businesses to estimate future spending patterns. Organizations including small and medium-sized enterprises and large enterprises. It is implemented in various verticals such as automotive, BFSI, energy, industrial, IT and telecommunications, media and entertainment, real estate and construction, retail, transportation and logistics. The global alternative data market is segmented – 1) By Data Type: Credit And Debit Card Transactions, Email Receipts, Geo-location (Foot Traffic) Records, Mobile Application Usage, Satellite And Weather Data, Social And Sentiment Data, Web Scraped Data, Web Traffic 2) By Organization Size: Small and Medium-Sized Enterprises, Large Enterprises 3) By Industry: Automotive, BFSI, Energy, Industrial, IT And Telecommunications, Media And Entertainment, Real Estate And Construction, Retail, Transportation And Logistics The global alternative data market grew from $3.23 billion in 2022 to $4.74 billion in 2023 at a compound annual growth rate (CAGR) of 46.7%. 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 market size of alternative data is expected to grow to $18.94 billion in 2027 at a CAGR of 41.4%. The rising demand for alternative data from hedge funds is expected to propel the growth of the alternative data market in the coming years. Alternative data (or alt data) is non-financial data that predict financial results. Hedge funds and investment banks are among the top users of alt data as investors seek new data sources to provide speedier insight for improved decision-making. This is primarily since alternative data might aid in understanding the corporate performance and future consequences. According to study in 2020, jointly published by AIMA and SS&C, quizzed nearly 100 hedge fund managers globally, out of which approximately 25% of those surveyed are considered ""market leaders"" - hedge fund managers who have been using alternative data for more than five years and over two-thirds (69%) of these market leaders are using alternative data to generate outperformance. Moreover, in next one to five years, 61% of market leaders and 82% of the rest of the market expect alternative data to become increasingly popular among hedge funds. Therefore, the rising demand for alternative data from hedge funds drives the growth of the alternative data market. Major players in the alternative data market are 1010Data Inc., Advan Research Corporation, Eagle Alpha Ltd., Preqin Ltd., Ravenpack International SL, The Earnest Research Company, Thinknum Inc., UBS Evidence Lab, YipitData, Dataminr Inc., M Science LLC, 7Park Data Inc., Convergence Inc., Geotab Inc., Jumpshot, JWN Energy, and Talkingdata. The launch of next-generation platforms has emerged as a key trend in the alternative data market. Major companies operating in the alternative data sector are focusing on introducing next-generation platforms to deliver new and timely insights to researchers, analysts, and businesses. For instance, in October 2020, ESG Data Services Inc., a Canada-based alternative data provider launched the next generation AI-powered ESG data, research, and analytics platform-ESG Analytics. ESG Analytics is an API and web-based solution that uses artificial intelligence (AI) and broad-based alternative data sources to uncover opportunities and risks in social, environmental, and governance practices of companies, ETFs, and countries. Moreover, for investors going beyond the surface details that everyone else uses, ESG Analytics opens them to a world of deep and relevant analysis. In January 2020, The Earnest Research Company, a US-based data analytics company has acquired Alpha Hat Inc. for an undisclosed amount. The acquisition would allow The Earnest Research Company to demonstrate the insights of the new data products of the highest quality and accuracy. Alpha Hat Inc. is a US-based, mobile geolocation intelligence provider that specializes in refining alternative data into actionable insights for investors. North America was the largest region in the alternative data market in 2022. The regions covered in the alternative data market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alternative data market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The alternative data market includes revenues earned by entities by providing services such as point-of-sale transactions, web site usage, mobile app or app store analytics, crowdsourcing, and obscure city hall records. 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 alternative data market research report is one of a series of new reports from The Business Research Company that provides alternative data market statistics, including alternative data industry global market size, regional shares, competitors with an alternative data market share, detailed alternative data market segments, market trends and opportunities, and any further data you may need to thrive in the alternative data industry. This alternative data 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 data acquisition (DAQ) system refers to a system that can measure and record physical or electrical properties to understand the system’s performance. DAQ systems are computer-based measurement systems that help in measuring an electrical or physical phenomenon such as current, voltage, pressure, temperature, or sound. These systems capture and store data from an actual system for further scientific and engineering review. The main types of data acquisition (DAQ) systems are peripheral component interconnect (PCI), LAN extensions for instrumentation (LXI)/ ethernet, VME extensions for instrumentation (VXI), PCI extensions for instrumentation (PXI), universal serial bus (USB), and standalone. The main components include hardware and software. They offer high-speed (>100 ks/s) and low-speed (<100 ks/s). The various applications include research and analysis, manufacturing and quality, asset condition monitoring, and design validation and repair that are used by aerospace and defense, energy and power, automotive and transportation, wireless communication and infrastructure, water and wastewater treatment, healthcare, and food and beverages. The global data acquisition daq system market is segmented - 1) By Type: Peripheral Component Interconnect (PCI), LAN Extensions For Instrumentation (LXI)/ Ethernet, VME Extensions For Instrumentation (VXI), PCI Extensions For Instrumentation (PXI), Universal Serial Bus (USB), Standalone 2) By Component: Hardware, Software 3) By Speed: High-speed (>100 KS/S), Low-speed (<100 KS/S) 4) By Application: Research And Analysis, Manufacturing And Quality, Asset Condition Monitoring, Design Validation And Repair 5) By End User: Aerospace And Defense, Energy And Power, Automotive And Transportation, Wireless Communication And Infrastructure, Water And Wastewater Treatment, Healthcare, Food And Beverages The global data acquisition (DAQ) system market size will grow from $1.77 billion in 2022 to $1.9 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. 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 market size of the data acquisition (DAQ) system is expected to grow to $2.58 billion in 2027 at a CAGR of 7.9%. The increasing demand for automation is significantly driving the growth of the data acquisition (DAQ) system market. Automation refers to the application of technologies with minimal human intervention for producing and delivering goods and services. The majority of the industrial sectors are adopting automated technologies to cut back errors, reduce repetitive tasks, and lower processing costs. The increasing demand for automation in the industries is directly promoting the increased use of data acquisition (DAQ) systems. For instance, according to the Future of Jobs Survey 2020, World Economic Forum, an international non-governmental and lobbying organization, 50% of business leaders are planning to adopt automation of repetitive tasks and 85% of business leaders said that automation will give more time to focus on the important goals to the company. Therefore, the increase in demand for automation is driving the data acquisition (DAQ) system market growth. Major players in the data acquisition (DAQ) system market are Siemens AG, National Instruments Corporation, Keysight Technologies, ABB, Fortive Corporation, Emerson Electric Co., General Electric, Schneider Electric, Honeywell, Agilent Technologies, Advantech Co. Ltd., Yokogawa Electric Corporation, Data Translation Inc., Campbell Scientific Inc., and Teledyne. Product innovations are the key trends gaining popularity in the data acquisition (DAQ) system market. The market players are developing innovative products for their market growth strategy. For instance, in November 2021, METIS Cyberspace Technology SA, a US-based Data Acquisition for maritime industry company, launched Ship Connect, the next-generation automated data-acquisition system to enable the development of ship performance analytics and enhance data transfer and monitoring. The system optimizes network bandwidth and transfers the readings to the METIS cloud platform from vessel equipment, making them immediately available for analysis. In July 2021, Spectris plc, a UK-based company operating in high-tech instruments, test equipment, and software acquired Concurrent Real-Time, Inc for an undisclosed amount. Through this acquisition, Spectris plc aims to enhance and grow its market-leading simulator platform businesses and fully integrate hardware-in-the-loop (‘HiL’) technology. Concurrent Real-Time, Inc is a US-based provider of high-performance, real-time computational hardware and software solutions. North America was the largest region in the data acquisition (DAQ) system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data acquisition (DAQ) system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data acquisition (DAQ) system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data acquisition system market includes revenues earned by entities by providing flight data acquisition services, structural dynamics test systems services, local electronic data capture systems services. The market value includes the value of related goods sold by the service provider or included within the service offering. The data acquisition system market also includes sales of sensor, computers, signal conditioning gear which are used in providing data acquisition system 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 data acquisition (DAQ) system market research report is one of a series of new reports from The Business Research Company that provides data acquisition (DAQ) system market statistics, including data acquisition (DAQ) system industry global market size, regional shares, competitors with a data acquisition (DAQ) system market share, detailed data acquisition (DAQ) system market segments, market trends and opportunities, and any further data you may need to thrive in the data acquisition (DAQ) system industry. This data acquisition (DAQ) system 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 data science platform is a software that are used to analyze, organize, and transfer to assist businesses in developing analytic models and managing analytic data Data analysis across multiple platforms can assist businesses in gaining insights from user data and marketing campaigns, ultimately assisting in the improvement of strategy and revenue. The main types of products in the data science platform are solutions and services. The data science platform solutions help with data collection, data integration, and data visualization. These solutions help companies to plan strategies, uncover actionable insights from historic data. The different modes of deployment include cloud-based, on-premise, and are used by various sectors such as BFSI, telecommunication, transportation and logistics, healthcare, manufacturing, others. The global data science platform market is segmented - 1) By Type: Solutions, Services 2) By Deployment: Cloud-Based, On-Premise 3) By End User: BFSI, Telecommunication, Transportation And Logistics, Healthcare, Manufacturing, Other End Users The global data science platform market size will grow from $74.77 billion in 2022 to $97.26 billion in 2023 at a compound annual growth rate (CAGR) of 30.1%. 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 market size of the data science platform is expected to grow to $285.78 billion in 2027 at a CAGR of 30.9%. The increase in demand for big data analytics is expected to propel the growth of the data science platform market during the forecast period. Big data analytics employs advanced analytic techniques to analyze a mixture of structured, semi-structured, and unstructured data collected by businesses and entities. Data science is the practice of extracting important information from data using advanced analytics techniques and scientific principles for enterprise decisions, strategic planning, and other purposes. For instance, according to Techjury, a US-based software company, the big data analytics sector is projected to reach $77 billion by 2023. Therefore, the increasing demand for big data analytics drives the data science platform market growth. Major players in the data science platform market are Microsoft Corporation, Google, IBM, Oracle, Alteryx, SAP SE, Teradata, TIBCO Software, RapidMiner Inc., MathWorks, SAS Institute, Wolfram Research Inc., Dataiku, Fair Issac Corporation (FICO), and Altair. The adoption of analytic apps is shaping the data science platform market. Major data science companies that use applications are focusing on adopting analytics applications that will help them better understand consumer behavior. Data analytic apps can tell users if the app is detected, compare downloads and in-app purchases, monitor, and evaluate KPIs, and give users in-app analytics insights, among other things. For instance, in May 2021, InCorta, Inc., a US-based company that provides data analytics software launched the Incorta Mobile app. The Incorta Mobile App allows Incorta users to access, evaluate, and analyze business information from anywhere, at any time, with the ability to drill down into particular transaction details. In January 2021, TIBCO Software Inc., a US-based enterprise data company acquired Information Builders for an undisclosed amount. Through this acquisition of Information Builders, analytics capabilities and data management will be added to the advanced TIBCO Connected Intelligence platform. Information Builders is a US-based company that hat specializes in data integration, data quality, and business intelligence. North America was the largest region in the data science platform market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data science platform report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data science platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data science platform market includes revenues earned by entities by providing software tools that assist data scientists in analyzing data such as running, tracking, reproducing, sharing, and deploying models faster and more efficiently with powerful tools that speed up the process to enhance the organizational capability. 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 data science platform market research report is one of a series of new reports from The Business Research Company that provides data science platform market statistics, including data science platform industry global market size, regional shares, competitors with a data science platform market share, detailed data science platform market segments, market trends and opportunities, and any further data you may need to thrive in the data science platform industry. This data science platform 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.

Data fabric refers to a set of data services that handle data using a network-based architecture instead of point-to-point connections. It is a powerful architecture, which monitors and manages the data and applications, regardless of location. Data fabric is used for data management, which helps to integrate data from various sources and analyse it seamlessly in one place. It is widely used by organizations to provide a comprehensive view of business and customers across an organization through disparate data sets in real-time and historical, and finally processes automatically in an efficient way. The main types of data fabric are disk-based data fabric and in-memory data fabric. Secured, managed, and governed data are some of the benefits of a disk-based data fabric. Additionally, it provides data access anytime applications demand it, it also provides the flexibility to transfer data and applications, lowering the cost of ownership and ensuring data compliance. It has components such as software and services that are applied in fraud detection and security management, customer experience management, governance, risk, and compliance management, sales, and marketing management, and business process management. There are various end-users such as banking, financial services, and insurance (BFSI), information technology (IT) and telecom, retail, healthcare and pharmaceuticals, manufacturing, and government. The global data fabric market is segmented - 1) By Type: Disk-Based Data Fabric, In-Memory Data Fabric 2) By Component: Software, Service 3) By Application: Fraud Detection And Security Management, Customer Experience Management, Governance, Risk, And Compliance Management, Sales And Marketing Management, Business Process Management 4) By End User: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Retail, Healthcare And Pharmaceuticals, Manufacturing, Government The global data fabric market size will grow from $1.84 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 25.0%. 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 market size of the data fabric is expected to grow to $5.72 billion in 2027 at a CAGR of 25.5%. The rising volumes and variety of organizational data are significantly contributing to the growth of the data fabric market. Data is being collected and stored every second that is being utilized and sold for analysis. The analysis varies from company to company and their requirement. According to Domo, provider of a fully mobile cloud-based operating system, reported in 2020, the users spend $1 million online, takes around 1.4 million video and voice calls, send 150,000 messages on Facebook, and watch 404,000 hours of video on Netflix. This data is stored and used for future reference. Moreover, there are 4.5 billion internet users that send and receive data. Therefore, such rising volumes and variety of organizational data are contributing to the data fabric market growth. Major players in the data fabric market are Denodo Technologies, IBM Corporation, Informatica, NetApp, Oracle Corporation, Splunk, Talend S.A., Dell Technologies, HP Enterprise, Teradata Corporation, TIBCO Software, VMware, K2View, Syncsort, CluedIn ApS, Idera Inc., Nexla Inc., QOMPLX Inc., Starburst Data Inc., Stardog Union Inc., and Trifacta. Technological advancements are shaping the data fabric market. New technologies are launched and products are advanced to provide better and more efficient products to the customers. For instance, in October 2021, NetApp, Inc., a US-based hybrid cloud data services and data management company that offers cloud data services for the management of applications and data both online and physically, announced new features and enhancements to help businesses upgrade existing IT infrastructure and boost digitalization by delivering new secure ways to consume and operate data services on-premises and in the cloud. These features include enhanced data services, ONTAP data management software enhancements, and more flexible consumption options. In July 2022, IBM Corporation, a US-based technology company acquired Databand for an undisclosed amount. The acquisition of Databand further extends IBM’s existing data fabric solution and also builds on IBM’s research and development investments as well as strategic acquisitions in AI and automation. Databand is an Israel-based provider of observability platform for data and machine learning pipelines operating in the data fabric market. North America was the largest region in the data fabric market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data fabric market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data fabric market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The data fabric market includes revenues earned by entities by providing services such as augmented data catalog, persistence layer, knowledge graph, insights and recommendations engine. 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 data fabric market research report is one of a series of new reports from The Business Research Company that provides data fabric market statistics, including data fabric industry global market size, regional shares, competitors with a data fabric market share, detailed data fabric market segments, market trends and opportunities, and any further data you may need to thrive in the data fabric industry. This data fabric 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.

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The global information technology (IT) market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software The global information technology (IT) market size grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. 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 information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology (IT) market share in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology (IT) market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology (IT) market. The regions covered in the information technology (IT) industry analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT 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. 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 information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) 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.