Global Infrastructure Inspection Market

The inspection management software refers to digital solutions used to guarantee the safety of an organization's facilities including checklists, work order management systems, reporting, analytics dashboards, and simplify the difficult task of handling incoming quality control. Inspection Management Software assists businesses in adhering to health and safety regulations set forth by government agencies such as OSHA and maintains business productivity. The main component in the inspection management software are solution and services. The inspection management software solutions provide inspection solutions to both technical and non-technical users and other companies. It enables management to monitor high-risk suppliers and materials more effectively. It also aids in the control of the final product's quality, lowers the company's manufacturing costs, and eliminates scrap. Large enterprises and SMES are using inspection management software, and are deployed by cloud and on-premise. Inspection management software are used in industries such as healthcare, pharmaceuticals, automation, manufacturing, retail, and information and technology. The inspection management software market research report is one of a series of new reports from The Business Research Company that provides inspection management software market statistics, including inspection management software industry global market size, regional shares, competitors with a inspection management software market share, detailed inspection management software market segments, market trends and opportunities, and any further data you may need to thrive in the inspection management software industry. This inspection management software 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 global inspection management software market size grew from $6.18 billion in 2022 to $6.87 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. 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 inspection management software market size is expected to grow to $10.31 billion in 2027 at a CAGR of 10.7%. The rising demand for inspection tasks such as scheduling, making documents and checklists, recording results, and following actions in an organization will propel the growth of the inspection management software market in the forecast period. Regardless of industry or size, inspections are essential for preserving product quality. It necessitates a lot of documentation, including checklists, recording nonconformances of defective material, and so on. For instance, in 2021, according to the report published by the KMPG fraud survey, employees were cited as the most significant single source of risk by 62% of respondents, followed by suppliers and contractors. Forensic data analytics or artificial intelligence were claimed to be used by 38% of respondents to aid in the detection of fraud and corruption. According to 51% of respondents, the new operating environment has hampered their ability to probe potential fraud or misconduct. Therefore, the rising demand for inspection tasks drives the inspection management software market. New product development is a key trend gaining popularity in the inspection management software market. Companies are developing new products to support the inspection management software market. For instance in 2020, Siemens, a German-based company, Stylish Infrastructure mixes the real and digital worlds across energy systems, and buildings launched the 3WA series. 3WA circuit breakers join low-voltage power distribution conditions in digital surroundings. They help with software-based planning and engineering, digital testing, and monitoring. In January 2022, Autodesk, a US-based company specialized in making software products and services acquired Moxion Cloud Solution for an undisclosed amount. The acquisition strengthens Autodesk’s cloud platform for entertainment and media upstream, extending beyond post-production into production, attracting new users to Autodesk, and assisting in the better integration of processes across the whole content production chain. The Moxion acquisition moves Autodesk's client base upstream, from post-production to on-set production, which is a crucial stage in the film and television production process. Moxion is a New Zealand-based developer of cloud-based digital dailies tools. Major players in the inspection management software market are SAP, Oracle, Siemens AG, Dassault Systemes, Ideagen PLC., Autodesk, Intelex Technologies, IQS, MasterControl, Pilgrim Quality Solutions, MetricStream Inc., Plex Systems Inc., CityReporter (Noratek Solutions), PTC, Hexagon, Wolters Kluwer, Veeva Systems, Penta Technologies, and Industrial Quality Services Inc., North America was the largest region in the inspection management software market in 2022. The regions covered in the inspection management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the inspection management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The inspection management software market includes revenues earned by entities by providing services such as create forms and checklists, schedule inspections, record results and track corrective actions to completion. 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 global inspection management software market is segmented - 1) By Component: Solution, Services 2) By Organization Size: Large Enterprises, SMEs 3) By Deployment Mode: Cloud, On-Premise 4) By Industry: Healthcare, Pharmaceutical, Automation, Manufacturing, Retail, Information And Technology

Critical infrastructure protection refers to a notion that entails guarding against and protecting against cyber-attacks that can harm or interrupt the services that are offered by critical infrastructures. Protecting critical infrastructure involves both preventing and responding to cyberattacks, as well as preventing them from happening in the first place. The main types of critical infrastructure protection are solutions and services. The solutions to critical infrastructure protection refer to an answer to a problem. It helps us change our negative state into the desired state. The different types of security technologies include network security, physical security, and others that are employed in the commercial sector, telecom, chemical and manufacturing, oil and gas, and other verticals. The critical infrastructure protection market research report is one of a series of new reports from The Business Research Company that provides critical infrastructure protection market statistics, including critical infrastructure protection industry global market size, regional shares, competitors with a critical infrastructure protection market share, detailed critical infrastructure protection market segments, market trends and opportunities, and any further data you may need to thrive in the critical infrastructure protection industry. This critical infrastructure protection 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 global critical infrastructure protection market size grew from $137.88 billion in 2022 to $146.16 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. 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 critical infrastructure protection market size is expected to grow to $179.41 billion in 2027 at a CAGR of 5.3%. The rise in the adoption of cloud technology and IoT devices is expected to propel the growth of the critical infrastructure protection market going forward. The Internet of Things (IoT) is a system of physical items that uses software and other technologies to connect to devices and systems over the web for transferring data and using cloud technology for storing and accessing data over the internet instead of a computer hard drive. In critical infrastructure, cloud computing provides confidentiality, integrity, and availability of data and compliance with applicable standards. For instance, according to Rapyder, an India-based cloud services and solutions company, as of November 2020, more than 79% of organizations have adopted multi-cloud technology. Therefore, the increase in the adoption of cloud technology and IoT is driving the demand for critical infrastructure protection. Technological advancements are the key trend gaining popularity in the critical infrastructure protection market. Major companies operating in the critical infrastructure protection sector are focused on developing technologically advanced products to strengthen their market position. For instance, in February 2022, Forcepoint, a US-based software company, launched Forcepoint One, a cloud platform developed with zero trust and SASE (secure access service edge) technologies. This product enables organizations to protect their infrastructures by managing one set of policies from a single console. Users can manage a wide variety of security services while reducing costs and managing over 50-point products. This platform is an all-in-one security platform that is simplified for traditional and remote workforces and allows them controlled access to information on the web, cloud, or in any private applications. In May 2022, Parsons Corp., a US-based technology company focused on defense, intelligence, security, and infrastructure engineering, acquired Xator Corporation for $400 million. Through this acquisition, Xator would increase Parsons' customer base by bringing distinct technical capabilities in critical infrastructure protection, counter unmanned aircraft systems, intelligence and cyber solutions, biometrics, and global threat assessment and operations. Also, it is expected to increase Parsons' footprint in the Special Operations Command, the intelligence community, federal civilian clients, and international critical infrastructure markets while opening up new customer access at the State Department. Xator Corporation is a US-based provider of mission-focused solutions addressing critical infrastructure protection, enterprise technology and cybersecurity, mission and training, and national security requirements. Major players in the critical infrastructure protection market are BAE Systems plc, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., Airbus SE, Raytheon Company, Thales Group, Hexagon AB, Johnson Controls International, Teltronic, General Dynamics Corporation, Optasense, Waterfall Security Solutions, Rolta, and SCADAfence. North America was the largest region in the critical infrastructure protection market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the critical infrastructure protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the critical infrastructure protection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The critical infrastructure protection market includes revenues earned by entities by providing security solutions that protect computers and networks that control essential services such as power generation, telecommunication, and healthcare. 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 global critical infrastructure protection market is segmented - 1) By Component: Solutions, Services 2) By Security Technology: Network Security, Physical Security, Other Security Technologies 3) By Vertical: Commercial Sector, Telecom, Chemical and Manufacturing, Oil and Gas, Other Verticals

Testing, inspection, and certification refer to a conformity analysis for operational efficacy; they catalyse research and development and innovation in new fields through verification and validation; and they establish mutual recognition to ease market access and assure the safety, integrity, and quality of goods and services through conformity evaluation and assurance in various industries. The main types of services provided in testing, inspection, and certification market are testing service, inspection service and certification service. The testing service is a method of determining the presence, quality, or validity of product or goods. Testing, inspection, and certification services can sourced in-house or outsourced and are used for applications such as quality and safety, production evaluation, industrial inspection and system certification. These services are mostly used by industries such as consumer goods and retail, food and agriculture, oil and gas, construction and engineering, energy and chemicals, manufacturing, transportation, industrial and automotive and others. The testing, inspection, and certification market research report is one of a series of new reports from The Business Research Company that provides testing, inspection, and certification market statistics, including testing, inspection, and certification industry global market size, regional shares, competitors with an testing, inspection, and certification market share, detailed testing, inspection, and certification market segments, market trends and opportunities, and any further data you may need to thrive in the testing, inspection, and certification industry. This testing, inspection, and certification 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 global testing, inspection, and certification market size grew from $223.54 billion in 2022 to $232.8 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. 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 testing, inspection, and certification market size is expected to grow to $275.16 billion in 2027 at a CAGR of 4.3%. The strict regulatory standards imposed by governments to ensure product safety and environmental protection are expected to propel the growth of the testing, inspection, and certification market. The increased risk to human life and the influence on the environment are the main worries, prompting customers to seek dependable and high-quality products. Safety testing, inspection, and certification services are being implemented by many organizations worldwide to resolve product safety and quality problems by following legislative rules. According to the Europe Commission's CO2 emission performance standards for cars and vans in January 2020, regulation (EU), 2019/631 was enforced to set performance standards for new passenger vehicles to decrease the average CO2 emission. Therefore the strict regulatory standards imposed by governments will drive the testing, inspection, and certification market. The advent of new technologies in testing, inspection, and certification products and services is a key trend booming the testing, inspection, and certification market. Artificial intelligence is changing corporate operations in practically every sector, including testing, inspection, and certification. Automated inspection is used to satisfy the demands of physically challenging inspection zones. In November 2020, Shanghai introduced the world's first automated laboratory for testing, inspection, and certification, marking a significant milestone for the city to become a global scientific innovation center. The lab uses robotic arms, autonomous guided vehicles, artificial intelligence, and deep learning models to replace the traditional testing and certification procedure, entirely dependent on manual operations. In September 2021, Intertek Group plc, an England-based company offering assurance, inspection, product testing, and certification, acquired SAI Global Assurance, for an undisclosed amount. The acquisition aims to strengthen their combined assurance offering by providing increased scale and geographic coverage in delivering additional risk-based quality audit, inspection, training, and certification services and enhanced global market access capabilities through our standards service offering. SAI Global, a US-based company, offers risk management services, quality assurance audit and certification, auditor training, standards information services, and property service. Major players in the testing, inspection, and certification market are SGS Group, Bureau Veritas, Intertek, Element Materials Technology, TÜV SÜD, Eurofins Scientific, TÜV Rheinland, DEKRA SE, DNV GL, Applus+, ALS Limited, TÜV NORD, IRClass, ASTM, TIC Sera, Hohenstein, BSI Group, SAI Global and AsureQuality. Asia-Pacific was the largest region in the testing, inspection and certification market in 2022. The regions covered in the testing, inspection and certification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the testing, inspection and certification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The testing, inspection, and certification market includes revenues earned by entities by providing conformity assessment services for good practices. 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 global testing inspection and certification market is segmented - 1) By Service Type: Testing Service, Inspection Service, Certification Service 2) By Sourcing Type: In-House, Outsourced 3) By Application: Quality And Safety, Production Evaluation, Industrial Inspection, System Certification 4) By End-User: Consumer Goods And Retail, Food And Agriculture, Oil And Gas, Construction And Engineering, Energy And Chemicals, Manufacturing, Transportation, Industrial And Automotive, Other End-Users

Infrastructure as a Service (IaaS) is a cloud-based computing service that provides enterprises with lease servers for remote computing and storage applications. The main types of infrastructure as a service (IaaS) are public cloud, private cloud, hybrid cloud. The public cloud the service provider offers solutions over the public Internet and shared across organizations, while clients use or purchase them on a subscription or a pay-per-usage model. The various industry for IaaS are banking, financial services, and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment and others and operations are rechargeable and non-rechargeable. The IaaS are applied in managed hosting, storage as a service, disaster recovery as a service and backup, compute as a service (CaaS), network as a service (NaaS), content delivery services, and high-performance computing as a service (HPcaaS). It is mainly used by small and medium enterprises (SMEs) and large enterprises. The infrastructure as a service (IaaS) market research report is one of a series of new reports from The Business Research Company that provides infrastructure as a service (IaaS) market statistics, including infrastructure as a service (IaaS) industry global market size, regional shares, competitors with infrastructure as a service (IaaS) market share, detailed infrastructure as a service (IaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the infrastructure as a service (IaaS) industry. This infrastructure as a service (IaaS) 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 global infrastructure as a service (iaas) market size will grow from $81.16 billion in 2022 to $96.93 billion in 2023 at a compound annual growth rate (CAGR) of 19.4%. 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 infrastructure as a service (iaas) market size is expected to grow to $189.52 billion in 2027 at a CAGR of 18.2%. Rise in cloud adoption across several industry verticals such as banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and more at a rapid pace is expected to propel the market growth of infrastructure as a service market during the forecast period. Several industries are adopting IaaS owing to benefits such as low cost and improved reliability and scalability. The banking sector is one such where a higher rate of Iaas adoption is witnessed due to the substantial benefits of cloud computing, including data analytics, AI-driven analytics with the machine and deep learning algorithms, agility, and scale. Cloud computing allows banking organizations to make changes and add new functionality quickly. In 2019, according to the Right Scale’s annual State of the Cloud Report, around 94% of enterprises use cloud services among which most enterprises utilize both public and private cloud services; the public cloud was used by 91% of businesses, the private cloud was used by 72%, and hybrid cloud solution was used by 69%. By 2020, 83% of enterprise workloads will be in the cloud. Many organizations expect to increase their cloud spending budget by almost 50%. Thus, the rise in cloud services adoption due to the benefits they offer across various industry verticals is majorly driving the infrastructure as a service market growth. Privacy and data protection concerns are expected to hinder the growth of infrastructure as a service market during the forecast period. The typical IaaS security threats are data leaks, compromising accounts and authentication bypass, interface and API hacking, cyber-attacks, permanent data loss, lack of awareness about capabilities the cloud offers, vulnerability of applications and abuse of cloud services. According to 2020 Global Networking Trends report published by CisCo., by 2022, more than 50% of enterprise data will be created and processed outside the data center or cloud, an increase from less than 10% in 2019. With the increasing distribution of data, I&O organizations face challenges to provide data protection and management. Thus, the privacy and data protection concern that pose challenges to the service providers are expected to hinder the market growth. Distributed cloud, referred to the availability of public cloud services in different physical solutions while the provider remains responsible for the operation, governance, updates and evolution of the services, is expected to be one of the major opportunities for the development of the infrastructure as a service market. This distributed cloud model is advantageous to the organizations that have faced issues related to the physical locations in the past. This will allow infrastructure and operations organizations to place the public cloud services at the locations of their choice which will attract consumers who are willing to modernize using the public cloud. The rise of Edge cloud computing and multi-cloud computing will eventually result in the rise to the concept of distributed cloud. By 2020, organizations such as Amazon Web Services Outposts, Google Cloud Anthos, and Microsoft Azure Arc., have initiated the edge cloud computing. With the increase in different industry verticals towards cloud-based services, the trend of distributed cloud which overcomes the challenges of physical location constraints will prove to be one of the major opportunities for the market growth during the forecast period. In July 2020, VMware, Inc., a US-based publicly traded software company that provides cloud computing and virtualization software and services, acquired Datrium, Inc. for disaster recovery as a service (DRaaS) and hyperconverged infrastructure (HCI) capabilities for an undisclosed amount. The major advantage from the acquisition is that an end-to-end cloud driven user experience is delivered by the Datrium DRaaS solution in VMware Cloud on AWS. Datrium, Inc., a US-based hybrid cloud computing and data management company that is a global provider of tier 1 hyperconverged infrastructure (HCI) for hybrid clouds that merges tier 1 HCI, scale-out backup and cloud disaster recovery for protection of hybrid cloud infrastructure, for easy administration and higher IO performance. Major players in the infrastructure as a service (IaaS) market are Amazon Web Services Inc., Microsoft Corporation, International Business Machines Corporation (IBM), VMware Inc., Fujitsu Limited, Google Inc., Cisco System Inc., Oracle Corporation, Alibaba Group Holding Limited, Red Hat Inc., ProfitBrick, RedcentricPLC., Savvis, Tencent, Dell, EMC Corporation and Hewlett Packard Enterprise. North America was the largest region in the infrastructure as a service (IaaS) market in 2022. Western Europe was the second largest region in the global infrastructure as a service (IaaS) market. The regions covered in the global infrastructure as a service (IaaS) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the infrastructure as a service (IaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The infrastructure as a service (IaaS) market includes revenues earned by entities by providing computer infrastructure on-demand through an internet platform. IaaS refers to providing access to computer infrastructure through networked servers. Establishments providing IaaS host hardware, software, servers, storage and other infrastructure components for their users. These components include networking features, computer hardware, space for data storage, system maintenance, backup and resiliency planning. 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 global infrastructure as a service (IaaS) market is segmented - 1) By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud 2) By Application: Managed Hosting, Storage As A Service, Disaster Recovery As A Service And Backup, Compute As A Service (CaaS), Network As A Service (NaaS), Content Delivery Services, High-Performance Computing As A Service (HPcaaS) 3) By End User: Small And Medium Enterprises (SMEs), Large Enterprises 4) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Government And Education, Healthcare, IT And Telecom, Retail, Manufacturing, Media And Entertainment, Other Industry Verticals 5) By Operation: Rechargeable, Non-Rechargeable

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 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. The global information technology market 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 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. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology market 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 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. 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. 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 market. The regions covered in the information technology market 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. 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. 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 market. The regions covered in the information technology market 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 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 global information technology 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

Surface inspection is a method of inspection to detect surface flaws by using smart cameras and angled lighting. Surface Inspection systems scan identified faults, record defect information, and display the defect location. Surface Inspection detects flaws in real-time and is both reproducible and sensitive. The main types of components in the surface inspection market are cameras, frame grabbers, optics, lighting equipment, processors, software, and others. Frame Grabbers are used in image processing, and analysis of cell motion, and it is helpful to detect faults through surface inspection. The different surface types include 2D and 3D and are deployed in various types including traditional systems and robotic cells. These are used in several sectors such as semiconductor, automotive, electrical and electronics, glass, and metal, food and packaging, medical and pharmaceuticals, plastic and rubber, printing, and others. The surface inspection market research report is one of a series of new reports from The Business Research Company that provides surface inspection market statistics, including surface inspection industry global market size, regional shares, competitors with a surface inspection market share, detailed surface inspection market segments, market trends and opportunities, and any further data you may need to thrive in the surface inspection industry. This surface inspection 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 global surface inspection market size grew from $3.54 billion in 2022 to $3.96 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. 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 surface inspection market size is expected to grow to $5.8 billion in 2027 at a CAGR of 10.0%. An increase in the adoption of smart cameras is expected to propel the growth of the surface inspection market over the forthcoming years. Smart cameras are self-contained vision systems that use image sensors to detect flaws in products and surfaces. Surface inspection entails the use of smart cameras to identify surface faults or features on things as they are manufactured in real-time. Major companies are adopting smart cameras to detect surface flaws in real-time. For example, in September 2020, Industrial Vision Systems, a UK-based company operating in the surface inspection sector launched a smart AI vision sensor IVS-COMMAND-Ai, a smart AI vision sensor with HD smart cameras that provides a high-speed examination. This sensor may be used for guidance, comprehensive part inspection, traceability, and tracking, and it also has data storing and imaging functions built in. Therefore, the increase in the adoption of smart cameras drives the growth of the surface inspection market. The growing technological advancements are shaping the surface inspection market. Major companies operating in the surface inspection sector are concentrating on developing technical solutions to expand their portfolio and strengthen their position. For instance, in August 2021, Omron Corporation, a Japan-based electronic company, introduced the PCB inspection system VT-S10 Series, which automates the high-precision inspection process for electronic substrates using AI and a technique for imaging that is a first in the industry. VT-S10 Series is capable of automatically adjusting illuminating irradiations, angles, colors, and light intensity based on factors such as the forms of the electronic components and the soldering on the substrates, which minimizes the error and time required for inspection and increases accuracy. In March 2021, Datalogic S.p.A., an Italy-based computer manufacturing company acquired Micro Detectors S.p.A for a deal amount of $43.94 million (Euro 37 million). With the acquisition of Micro Detectors S.p.A., Datalogic will expand its global existence in the industrial automation sector, adding inductive and ultrasonic sensors to its product line, with applications in a wide range of industries such as electronics, pharmaceuticals, logistics, and automotive. Micro Detectors S.p.A is an Italy-based company that manufactures surface inspection detectors. Major players in the surface inspection market are ISRA VISION, AMETEK Inc., Matrox Imaging, Datalogic S.p.A., Teledyne Technologies, Keyence Corporation, Cognex Corporation, OMRON Corporation, Basler AG, Baumer Holding AG, Panasonic Corporation, National Instruments Corporation, Pixargus, Dark Field Technologies, Stemmer Imaging, and Maschinenfabrik Herkules GmbH & Co. KG. Asia-Pacific was the largest region in the surface inspection market in 2022. The regions covered in the surface inspection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the surface inspection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The surface inspection market consists of sales of camera-based surface inspection systems, and computer-based surface inspection systems. 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 global surface inspection market is segmented - 1) By Component: Cameras, Frame Grabbers, Optics, Lighting Equipment, Processors, Software, Other Components 2) By Surface Type: 2D, 3D 3) By Deployment Type: Traditional Systems, Robotic Cells 4) By Vertical Type: Semiconductor, Automotive, Electrical And Electronics, Glass And Metal, Food And Packaging, Medical And Pharmaceuticals, Plastic And Rubber, Printing, Other Vetical Types

Surface vision and inspection refer to a non-destructive method of inspecting topographical details and locating suspected defects on an article's surface. It is used for the real-time detection of surface flaws or features using angled lighting and smart cameras. The main types of surface vision and inspection are computer systems and camera systems. Computer systems refer to the complete setup of hardware and software that is required for implementing computing performance. They have various components such as hardware and software. These are used in applications such as automotive, semiconductor, electronics and electrical, healthcare or pharmaceutical, food and beverages, logistics and postal sorting, metal, rubber and plastics, wood and paper, printing, and other applications. The surface vision and inspection market research report is one of a series of new reports from The Business Research Company that provides surface vision and inspection market statistics, including surface vision and inspection industry global market size, regional shares, competitors with a surface vision and inspection market share, detailed surface vision and inspection market segments, market trends and opportunities, and any further data you may need to thrive in the surface vision and inspection industry. This surface vision and inspection 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 global surface vision and inspection market size grew from $2.47 billion in 2022 to $2.75 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. 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 surface vision and inspection market size is expected to grow to $4.09 billion in 2027 at a CAGR of 10.4%. Rapid industrialization is expected to propel the growth of the surface vision and inspection market going forward. Industrialization refers to the process by which an economy is transformed from a primarily agricultural one to one based on the manufacturing of goods. Surface vision and inspection help industrialization by autonomously confirming the visual and cosmetic quality of products. For instance, according to India Brand Equity Foundation, an Indian Government export promotion agency, the appliances and consumer electronics (ACE) market in India is expected to grow from USD 10.93 billion in 2019 to USD 21.18 billion by 2025. India has the potential to become a global manufacturing hub and by 2030, it can add more than USD 500 billion annually to the global economy. Therefore, rapid industrialization is driving the growth of the surface vision and inspection market. Technological advancements are a key trend in the surface vision and inspection market. Major companies operating in the surface vision and inspection market are coming up with new technologies to sustain their position in the surface vision and inspection market. For instance, in January 2020, Omron Corporation, a Japan-based electronics company operating in the surface vision and inspection market, launched MicroHAWK V/F400 and V/F300 Series smart cameras to simplify applications by combining vision inspection and code reading into a single, highly compact device. The V/F400 and V/F300 Series reduce hardware costs and the amount of time needed for commissioning and maintenance by combining multiple capabilities into a single unit. A high-resolution 5-megapixel color camera with liquid lens autofocus and other potent technologies ensures exceptional precision while encouraging greater flexibility in production line layouts. This new product also has cutting-edge autofocus technology that is perfect for inspecting products that vary in size, shape, or inspection type. In February 2020, Atlas Copco, a Sweden-based company operating in industrial tools and equipment acquired ISRA Vision for a deal of $ 1.9 billion. This acquisition aims to strengthen its position in the digital manufacturing segment by integrating its technologies. ISRA Vision AG is a Germany-based company operating in inspection systems. Major players in the surface vision and inspection market are Omron Corporation, AMETEK Inc., Edmund Optics Inc., ISRA VISION GmbH , Industrial Vision Systems, Keyence Corporation, Matrox Electronic Systems , Panasonic Holdings Corporation, Teledyne Digital Imaging Inc., VITRONIC, Dark Field Technologies, JAI, Basler AG, NI, Allied Vision Technologies GmbH, and MORITEX Corporation. Asia-Pacific was the largest region in the surface vision and inspection market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the surface vision and inspection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the surface vision and inspection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The surface vision and inspection market consist of revenues earned by entities by providing surface vision and inspection services such as installation and configuration, maintenance of spare parts, preventative maintenance, training, and upgrade of systems. The market value includes the value of related goods sold by the service provider or included within the service offering. The surface vision and inspection market also include sales of lighting system, optical systems, sensors, vision processing systems, and communications system. 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 global surface vision and inspection market is segmented - 1) By Type: Computer Systems, Camera Systems 2) By Component: Hardware, Software 3) By Application: Automotive, Semiconductor, Electronics and Electrical, Healthcare or Pharmaceutical, Food and Beverages, Logistics and Postal Sorting, Metal, Rubber and Plastics, Wood and Paper, Printing, Other Applications

The composable infrastructure refer to the framework for decoupling device resources so that they can be treated as services. The device resources that can be treated as services include physical computing, storage and network fabric resources. The composable infrastructure aims to be cost-effective by reducing waste and the amount of time taken to deploy a new application. The main type of composable infrastructure include software and hardware. Composable infrastructure abstracts compute, storage, and networking resources from their physical locations and allow the software to manage them via a web-based interface. They are deployed in public, private, and hybrid cloud infrastructures. The end-users of composable infrastructure include BFSI, it & telecom, government, healthcare, manufacturing, and other verticals. The composable infrastructure market research report is one of a series of new reports from The Business Research Company that provides composable infrastructure market statistics, including composable infrastructure industry global market size, regional shares, competitors with a composable infrastructure market share, detailed composable infrastructure market segments, market trends and opportunities, and any further data you may need to thrive in the composable infrastructure industry. This composable infrastructure 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 global composable infrastructure market size grew from $3.81 billion in 2022 to $5.49 billion in 2023 at a compound annual growth rate (CAGR) of 44.0%. 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 composable infrastructure market size is expected to grow to $27.22 billion in 2027 at a CAGR of 49.2%. The increased demand for agile IT infrastructure is driving the growth of the composable infrastructure market. The demand for agile IT infrastructure is growing mainly due to the need for promoting business growth, reducing costs, and improving team performance. In addition, companies can adopt new technologies faster, take advantage of deployment options, and accelerate the building of web applications with the help of agile IT infrastructure. This increasing demand for agile IT infrastructure will create a significant demand for composable infrastructure as it enables an agile IT environment within the enterprises by offering the best application performance possible, reducing underutilization and overprovisioning, and creating a more agile, cost-effective data center. For instance, according to the blog article Agile Adoption Statistics for 2022 published in August 2021 by a platform for remote jobs GoRemotely, 71% of companies use agile approaches while 60% of companies have seen growth in their profits after implementing the agile approach. Agile approaches are used in 80% of federal IT projects. In addition, the US government lost $32 billion due to failed IT projects, indicating a need for agile IT infrastructure. Therefore, the increasing demand for agile IT infrastructure will propel the growth of the composable infrastructure market. Technology advancement is a key trend gaining popularity in the composable infrastructure market. The market is witnessing the use of advanced technologies for composable infrastructure solutions such as SSD technology in storage hardware with advanced algorithms to increase the life of the devices for increased efficiency and productivity. Many companies operating in the composable infrastructure market are focused on developing and offering advanced composable infrastructure hardware or software solutions to strengthen their market position. For instance, in April 2022, Inspur Information, a global leading provider of IT infrastructure solutions introduced a new generation of Enterprise NVMe SSDs based on an innovative NAND algorithm that increases flash memory lifespans by 40% and achieves 1.6 million IOPS per drive via PCIe 4.0 ultra-wide channel and ZNS (Zoned Namespace) storage. This SSD technology was critical in Inspur's storage system’s performance and improved Inspur's core storage competitiveness in terms of system-level joint debugging and optimization, reliability, and performance. This is essential to achieve the composable infrastructure within the enterprises by enabling efficient storage for the faster deployment of applications. In September 2020, Fungible Inc., a US-based pioneer in data-centric computing acquired the assets of Cloudistics for an undisclosed amount. This acquisition brings together the strengths of both companies with highly complementary core competencies to enhance the development of composable hyper disaggregated data center infrastructure. Cloudistics is a US-based company providing a cloud software platform. Major players in the composable infrastructure market are Lenovo, One Stop Systems Inc., Liqid Inc., Inspur, Western Digital Corporation, Hewlett Packard Enterprise Development LP, Dell Inc., DriveScale Inc., TidalScale Inc., Cloudistics Inc., Quanta Computer Inc., Cisco, and Comport Technology Solutions. North America was the largest region in the composable infrastructure market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the composable infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the composable infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The composable infrastructure market includes revenues earned by entities by providing various composable infrastructure services such as managing physical servers, storage, network components, and allocation of resources to leverage operations of data centers. 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 global composable infrastructure market is segmented - 1) By Component Outlook: Software, Hardware 2) By Cloud: Public, Private, Hybrid 3) By Vertical: BFSI, IT & Telecom, Government, Healthcare, Manufacturing, Other Verticals