Global IT Services Market

The laptops market consists of sales of laptops by entities (organizations, sole traders and partnerships) that provide laptops that are portable and compact personal computers with the same capabilities as a desktop computer. Laptop computers, also known as notebooks, are small computers that users can use in a variety of environments. Only goods and services traded between entities or sold to end consumers are included. The main types of laptops are ultrabook, netbook, notebook and others. An ultrabook is a thin and light laptop computer that are designed to provide similar or superior computing functionality as that of a standard laptop. Laptops comes in more than 17", 15.0" to 16.9", 13" to 14.9" screen sizes. The laptops are mainly used for personal, business and gaming. The laptops market research report is one of a series of new reports from The Business Research Company that provides laptops market statistics, including laptops industry global market size, regional shares, competitors with a laptops market share, detailed laptops market segments, market trends and opportunities, and any further data you may need to thrive in the laptops industry. This laptop's 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 laptops market grew from $100.4 billion in 2021 to $112.28 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The laptop market is expected to grow to $148.11 billion in 2026 at a CAGR of 7.2%. The growing internet penetration is expected to fuel the growth of the laptops market in the forecast period. Globally, the number of internet users is increasing by more than 8% annually and the average global internet user spends over 6 1/2 hours per day online. More than three quarters of the world's larger economies of internet users go online via desktops and laptops. In 2020, globally, there are more than 4.66 billion people who are using the Internet (about 60% of the world's overall population). Over the twelve months up to July 2020, over 346 million new users arrived online, leading to average growth of around 950,000 new users per day. Therefore, the growing internet penetration is expected to drive the growth of the laptop market during the period. The increasing demand for smartphones and tablets is expected to hamper the growth of the laptops market in the forecast period. Smartphones and tablets can now be the main computing devices and the efficiency disparity between laptops and smartphones continue to grow as consumers update their smartphones more quickly than their laptop computers. Also, many smartphones are available today in the market which work more efficiently than a laptop. The number of smartphones is expected to rise by 9% each year and reach 7.2 billion by 2023. Therefore, the increasing demand for smartphones is expected to restrain the growth of the laptops market during the period. Major companies operating in the laptop industry are focusing on developing advanced technological solutions for laptops. For instance, in June 2020, Lenovo, a China based computer manufacturing company launched Flex 5G laptop with Windows 10 at CES 2020 which is acclaimed to be the world’s first 5G laptop running on Windows 10. The laptop which is also called as Lenovo Yoga 5G, is powered by 8cx 5 G Snapdragon chipset from Qualcomm and operates on Windows 10 Pro. It also consists 8GB of RAM and 256GB of onboard storage. In August 2020, Sharp Corporation, a Japan based company that designs and manufactures electronic products completed the acquisition of Toshiba’s laptop business for undisclosed amount. Sharp had earlier acquired 80.1% stake from Toshiba and now it has acquired the remaining 19.1% of shares from Toshiba. Toshiba is a Japanese multinational engineering and electronics conglomerate corporation. Major players in the laptops market are Dell, The Hewlett-Packard Company, AsusTek Computer Inc., Apple Inc., Acer Inc., Lenovo Group Ltd., Microsoft Corporation., Micro-Star International Co. Ltd., Samsung Electronics Co. Ltd., Huawei Investment & Holding Co. Ltd., Haier Group Corporation, Hisense Group , Toshiba Corporation , Fujitsu Limited The regions covered in the laptops market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the laptops market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global laptops market is segmented - 1) By Type: Ultrabook, Netbook, Notebook, Others 2) By End-Use: Personal, Business, Gaming 3) By Laptop Screen Size: More than 17", 15.0" to 16.9", 13" to 14.9"

The computers market consists of sales of computers by entities (organizations, sole traders and partnerships) that provide computers, which are programmable electronic devices designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results of these operations. The main types of computers are PCs, laptops, tablets and other computers. A PC is a multi-purpose, cost-effective computer that is designed for an individual user. These are distributed through business-to-business (B2B) and business-to-consumer (B2C) channel and are implemented in various areas such as household and commercial applications. The computers market research report is one of a series of new reports from The Business Research Company that provides computers market statistics, including computers industry global market size, regional shares, competitors with a computers market share, detailed computers market segments, market trends and opportunities, and any further data you may need to thrive in the computers industry. This computers 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 computers market grew from $369.94 billion in 2021 to $416.79 billion in 2022 at a compound annual growth rate (CAGR) of 12.7%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The computers market is expected to grow to $573.45 billion in 2026 at a CAGR of 8.3%. The computer market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services, including transportation systems, water supply and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human-to-computer interaction. Smart cities use computers and related hardware, thereby benefitting the companies operating in this market. APG Algemene Pensioen Groep N.V. announced an investment of €250 million in “Smart City Infrastructure Fund”, for the development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Interest rates are expected to increase in developed nations, particularly the USA and Europe, between 2019 and 2022, making it harder and more expensive for companies manufacturing computers. The computer market is characterized as requiring fair amount of capital funds to operate, renovate, innovate and expand business. Therefore, changes in the economy such as changes in interest rates are expected to greatly affect the profit margins, cost structures and expansion strategies of the companies in the cloud services market. For instance, the USA Federal Reserve is expected to increase interest rates in 2021. This will in turn hinder the operation and expansion of businesses in the cloud services market. The Internet of Things (IoT) is emerging as the next big trend in the computer market with the ability to create an impact across the business spectrum. The Internet of Things merged the physical and online worlds to open up a host of opportunities for companies, governments, and consumers. The IoT is a complex ecosystem with multiple players such as device vendors, communication service providers, software vendors, and IT service providers. For example, the August Smart Lock uses the Internet of Things platform to automatically lock and unlock the front door of a user’s residence and can also remotely grant access to guests, friends or staff. In August 2020, Sharp Corporation, a Japan-based company that designs and manufactures electronic products, completed the acquisition of Toshiba’s laptop business for an undisclosed amount. Sharp had earlier acquired an 80.1% stake from Toshiba, and now it has acquired the remaining 19.1% of shares from Toshiba. Toshiba is a Japanese multinational engineering and electronics conglomerate corporation. Major companies in the market include Apple, Samsung Electronics Co., Ltd., HP, Pegatron Corp, Quanta Computer, Lenovo Group Limited, Inventec Corp, Microsoft, Dell Technologies Inc. and Hon Hai Precision Industry. Asia Pacific was the largest region in the computers market in 2021. North America was the second largest region in computers market. The regions covered in the computers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the computers market report 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 global computers market is segmented - 1) By Type: PCs, Laptops, Tablets, Other Computers 2) By Application: Household, Commercial 3) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)

The online microtransaction market consists of sales of in-game virtual goods and its related services. Microtransactions are in-game purchases of virtual items for small amounts of money. These often appear in free-to-play games that do not have any cost for downloading the game and only includes the online cost for virtual goods. Microtransactions are done to unlock specific features or enhance the special abilities, content or character in a game. The main types of online microtransaction are in-game currencies, random chance purchases, in-game items, expiration. In-game purchases are items or points purchased by a player for use within a virtual world to improve a character or enhance the playing experience. The various model involved are prepay model, postpay model, and others and are used in mobile, console and PCs. The online microtransaction market research report is one of a series of new reports from The Business Research Company that provides online microtransaction market statistics, including online microtransaction industry global market size, regional shares, competitors with a online microtransaction market share, detailed online microtransaction market segments, market trends and opportunities, and any further data you may need to thrive in the online microtransaction industry. This online microtransaction 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 online microtransaction market grew from $59.49 billion in 2021 to $67.28 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The online microtransaction market is expected to grow to $101.28 billion in 2026 at a CAGR of 10.8%. The expansion of the gaming industry is to act as a major driver for the development of the online microtransaction market. Online microtransaction uses real money to gain access to currency in-game or virtual items, which improves the gaming experience of the player. According to Ernst & Young Global Limited’s report published in 2019, the global games market is expected to reach $ 196.0 billion by the end of 2022, growing at a CAGR of 10.0%. Moreover, according to ResearchGate’s conference paper published in December 2019 on the analysis of the microtransaction in the game market, the value of the video gaming industry has increased substantially over the last two decades. The video gaming industry generated revenues of $ 152.1 billion in 2019 and is anticipated to grow over the forthcoming years. Therefore, the growth of the gaming and video gaming industry is expected to propel the revenues for online microtransaction market in the near future. Stringent regulations imposed on the microtransactions are projected to limit the market growth during the period. According to NPR’s news published in November 2019, China introduced restrictions on video games and online microtransactions for minors. Chinese officials limited the online microtransactions value at $ 28 or $ 57 depending on the age of the minor. These restrictions imposed is likely to reduce the number of transactions done by a minor, thus, reducing the revenues for microtransactions market from the minor group. Therefore, stringent regulations imposed by the government on setting the limit of transactions is to have an adverse effect on the growth of the online microtransactions market over the forecast period. The companies adopting new loot box policies in order to adhere to the guidelines of the U.S. game industry trade group, the Entertainment Software Association is a major trend in the online microtransaction market. In August 2019, the organization announced that multiple game developers and publishers will adopt disclosure of information policies for the loot boxes. Companies such as Microsoft, Nintendo, and Sony are planning to have new policies by the end of 2020. Consequently, the players aiming to adopt new disclosure policies of a loot box is the latest trend shaping the growth of the online microtransactions market. In April 2020, Riot Games, an American video game developer, publisher, and esports tournament organizer acquired Hypixel Studios Inc. for an undisclosed amount. This acquisition represents the expansion of a long-standing relationship, with Hypixel Studios gaining access to Riot Games’ experience in developing and publishing acclaimed, player-focused games. Hypixel Studios Inc., a Canada based Computer game developer. Major players in the online microtransaction market are SmileGate (CrossFire); Riot Games, Inc.; Nexon Co., Ltd.; Wargaming.net; NCSoft; Activision Blizzard Inc.; Electronic Arts Inc.; Valve Corporation; Tencent Holdings Ltd.; NetEase Inc.; Microsoft Corp.; GungHo Online Entertainment Inc.; CyberAgent Inc.; The Walt Disney Co.; Ubisoft Entertainment.; Niantic Inc. and Take-Two Interactive. The regions covered in the online microtransaction market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the online microtransaction market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global online microtransaction market is segmented - 1) By Type: In-Game Curriencies, Random Chance Puchases, In-Game Items, Expiration 2) By Device: Mobile, Console, PC 3) By Model: Prepay Model, Postpay Model, Others

The tablets market consists of sales of tablets by entities (organizations, sole traders and partnerships) that provide tablets that are portable computers that use touchscreens as their primary input. Most tablets are slightly smaller and weigh less than an average laptop. Generally, the size of a tablet screen is smaller than a laptop computer and larger than a smartphone. Only goods and services traded between entities or sold to end consumers are included. The main types of tablets are detachable, slate, hybrid and rugged. A detachable tablet are entirely free of its keyboard and are small and lightweight. Tablets mainly have iOS android and windows operating systems and comes in below 8", 8" and above 8" sizes. Tablets are used for personal and business applications. The tablets market research report is one of a series of new reports from The Business Research Company that provides tablets market statistics, including tablets industry global market size, regional shares, competitors with a tablets market share, detailed tablets market segments, market trends and opportunities, and any further data you may need to thrive in the tablets industry. This tablets 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 tablets market grew from $71.58 billion in 2021 to $84.84 billion in 2022 at a compound annual growth rate (CAGR) of 18.5%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The tablets market is expected to grow to $137.66 billion in 2026 at a CAGR of 12.9%. The increasing demand for tablets in various sectors such as healthcare, education, entertainment and other industries is a key factor driving the growth of the tablets market. For instance, the hospitality industry has introduced in-room tablets to offer their services at the fingertips of their guests. Similarly, tablets help the transportation industry to standardize workflows, facilitate proper communications on time and provide critical information. The increasing use of tablets across industries is driving sales. In 2020, the sales of the Apple iPad increased by 20%, delivering more than 14 million units and Samsung stood in second place, delivering 7 million units and growing by 39%. The increasing demand for tablets in different sectors is expected to fuel the market for tablets. Major companies operating in the tablets market are focusing on developing innovative technology solutions for tablets. For instance, in June 2020, Apple a USA based technology company launched Apple iPad Pro 11 2020. iPad Pro is fitted with an Apple A12Z Bionic octa-core processor, based on iPadOS and powered by a non-removable Li-Po battery (28.65 Wh). The tablet's sensors include a proximity sensor, barometer, accelerometer, gyroscope and sensor for ambient light, liquid retina display. Therefore, making the tablets technologically advanced helps companies to sustain the competitive market. Major players in the tablets market are Apple Inc., AsusTek Computer Inc., Samsung Electronics Co. Ltd., Lenovo Group Ltd., Acer Inc., Microsoft Corporation, HP, Huawei, LG Electronics Inc., Archos, Chuwi Innovation Limited, Dell, HTC Corporation, Lava International Limited, Nokia Corporation, Panasonic Corporation, Sony Corporation and Toshiba Corporation. The regions covered in the tablets market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the tablets market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global tablets market is segmented - 1) By Product Type: Detachable, Slate, Hybrid, Rugged 2) By Application: Personal, Business 3) By Operating Systems: iOS, Android, Windows 4) By Screen Size: below 8", 8", Above 8"

The cybersecurity services market consists of sales of cybersecurity services that are used in IT and telecommunications and other industries. Cybersecurity refers to the collection of technologies, processes, and practices designed to secure networks, computers, software, and data against online attacks, destruction, or data theft. Cybersecurity can also be identified as the security of information technology. The main security types of cybersecurity services are network security, endpoint security, application security, cloud security, and others. Endpoint security is the process of preventing malicious actors and campaigns from exploiting endpoints or entry points of end-user devices such as desktops, laptops, and mobile devices. The services are used by large enterprises, small and medium enterprises of various industry verticals such as aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. The cybersecurity services market research report is one of a series of new reports from The Business Research Company that provides cybersecurity services market statistics, including cybersecurity services industry global market size, regional shares, competitors with a cybersecurity services market share, detailed cybersecurity services market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity services industry. This cybersecurity services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cybersecurity services market grew from $72.92 billion in 2021 to $81.64 billion in 2022 at a compound annual growth rate (CAGR) of 12.0%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The cybersecurity services market is expected to grow to $127.51 billion in 2026 at a CAGR of 11.8%. The increasing instances of massive cyber-attacks are a key factor driving the growth of the cybersecurity services market. The primary motive behind cybercrimes is political competition, financial gain, negative credibility, foreign competition and radical involvement of religious groups. Most cyber-attacks are for financial gain. WannaCry, Petya, NotPetya, and BadRabbit are some of the main ransomware products that have targeted large-scale businesses and government organizations. According to cyber security experts, ransomware threats rose by 40% to 199.7 million attacks worldwide in Q3 of 2020. In Q3 2020, Ryuk ransomware threats rose to 67.3 million, which is 33.7% of all ransomware incidents this year. The ransomware implications included inaccessibility to various municipal facilities, information leakage, and economic loss. Therefore, the increasing instances of massive cyber-attacks compel companies to integrate cybersecurity in their systems and functionality to prevent crashing thereby driving the growth of the cybersecurity services market. Use of Pirated and open source cybersecurity solutions, Dearth of cybersecurity expertise for proactive strategic planning, Limited security budget among SMEs, Lack of interoperability with the existing information systems, High cost of innovations and budget constraints for SMEs, and Lack of training and inadequate workforce are the major factors hampering the growth of the cybersecurity services market. Leveraging AI, machine learning, and blockchain technologies for cyber defense is a key trend in the cybersecurity services market. Cybersecurity vendors integrate artificial intelligence (AI) and machine learning principles into their solutions to tackle crucial hyper-connected workplace risks, with quicker identification, prevention, and responsiveness capabilities, the advances in technology, such as AI and machine learning, turn the tables against cybercrime. Vade Secure is one of the world's largest e-mail security firms, leveraging artificial intelligence and machine learning to defend more than 600 million mailboxes in 76 countries from a range of attacks comprising spear phishing, ransomware, and malware. In June 2020, the firm received an investment of more than $75 million from General Catalyst and plans to extend the use of AI to secure inboxes all over the globe. Cybersecurity specialists are therefore leveraging AI and machine learning technology to resolve the emerging cyber threats facing individuals, companies, and governments. Major players in the cybersecurity services market are Cisco Systems, IBM Corporation, Microsoft, Check Point Software Technologies, Oracle, Trend Micro., Cyber Ark Software Ltd., FireEye Inc., Imperva Inc., ProofPoint, Inc., Micro Focus, RSA Security, Sophos, Splunk, Accenture, Capgemini, Cognizant, HCL Technologies Limited, Tata Consultancy Services, Wipro Limited, Qualys, Dell Technologies Inc., AVG Technologies NV and Intel Security (Intel Corporation). North America was the largest region in the cybersecurity services market in 2021. Asia Pacific was the second largest region in the cybersecurity services market. The regions covered in the cybersecurity services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cybersecurity services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global cybersecurity services market is segmented - 1) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Others 2) By User Type: Large enterprises, Small & medium enterprises 3) By Industry Verticals: Aerospace and Defense, BFSI, Public sector, Retail, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, Others

The customer relationship management (CRM) software market consists of sales of customer relationship management software which helps to build strong relationships with its customers. It analyzes the customer interactions and automates the activities identified with deals, advertising, and client support throughout the customer lifecycle. It causes the organizations to remain associated with their clients and improve productivity and furthermore helps in streamlining work forms. Some of the CRM software include Agile CRM, Recruit CRM, Sales mate CRM, NetSuite CRM. The main deployment types of customer relationship management (CRM) software are cloud CRM and on-premise CRM. Cloud CRM refers to CRM software in which the application and data are stored, or hosted, on the CRM provider's own servers in a datacenter and accessed via an internet browser. The software are used by small and mid-sized enterprises, large enterprises for sales, marketing, manufacturing, customer service, social networking, supply chain, distribution, and others. The customer relationship management (CRM) market research report is one of a series of new reports from The Business Research Company that provides customer relationship management (CRM) market statistics, including customer relationship management (CRM) industry global market size, regional shares, competitors with a customer relationship management (CRM) market share, detailed customer relationship management (CRM) market segments, market trends and opportunities, and any further data you may need to thrive in the customer relationship management (CRM) industry. This customer relationship management (CRM) 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 CRM software market grew from $106.23 billion in 2021 to $123.44 billion in 2022 at a compound annual growth rate (CAGR) of 16.2%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The CRM software market is expected to grow to $204.66 billion in 2026 at a CAGR of 13.5%. Increasing number of customers of the organizations and the rising need for customer satisfaction are expected to benefit the customer relationship management software market in the forecast period. Organizations should offer customized services to customers, gain better knowledge of their purchasing habits and other details, develop cross-selling opportunities and create competitive differentiators to retain existing customers and to attract new customers. These drive the demand for the use of CRM software in organizations to understand their customers in a better way and to maintain a good relationship with them. For example, Apollo Hospitals has implemented custom designed CRM software of Veon Consulting which resulted in high user adoption, 27% cut in the timeline of the review process, efficient handling of patient visits and outcome which saved manual efforts by 42%, and effective reporting and dashboards which reduced number of travels by 50%. A rising number of security concerns are expected to limit the growth of companies in the customer relationship management software market during the forecast period. Security concerns have been increasing in recent times due to online availability of personal data. CRM and similar software's store large databases online and these data of customers are accessed by teams around the globe which poses the potential for mistreatment of data. The data in the CRM software and other software's 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 CRM software. For example, CRM software in Bank of America and Citibank were once hacked to steal the user log-in credentials. Social and Mobile CRM are increasingly integrating social media channels into CRM platforms to offer to its full capabilities on every smart device by having a real-time access at any place or time. This integration helps to achieve greater productivity, better customer experience, and access to more relevant information. Advertisers have embraced social media platforms to associate and share with customers for improving products and perceptions. These also help businesses to manage customer grievances, requests, and inquiries. More number of users can access the data using social and mobile CRM. For example, Wells Fargo has implemented social CRM to engage with customers and improve their availability. Wells Fargo also uses CRM to solve customer queries. In February 2019, Compass acquired Contractually, Inc. for an undisclosed amount. The transaction is expected to assist Compass from the technology and team behind Contact ally's industry-leading CRM platform which boosts the improvement and adoption of Compass CRM. Compass CRM is a CRM software developed to increase sales by offering useful insights and unified view of agent's pipeline and outreach. Contactually, Inc. is a software company involved in the development and distribution of CRM software and contact management solutions. The company was established in 2011 and is headquartered in Washington, DC, United States. 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. North America was the largest region in the database software market in 2021. Asia Pacific was the second largest region in the database software market. The regions covered in the database software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, 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 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, Others 3) By Deployment: Cloud, On-Premise

The business intelligence software (BI software) market consists of sales of business intelligence software. This software enables users to project information, visualize data, derive insights, improve business operations and make strategic business decisions. The components of business intelligence are source data, data warehouse, and online analytical processing (OLAP), visualizations, dashboards, and extract, transform, load (ETL) processes. The main types of business intelligence software (BI software) are unstructured data, semi structured data, structured data. Unstructured data is data that does not conform to a data model and has no easily identifiable structure, making it difficult to use by a computer program. The software is deployed through on-premise and on-cloud mode that are used for BFSI, telecom, IT, retail and consumer goods, healthcare and life sciences, and manufacturing applications. The business intelligence software (BI software) market research report is one of a series of new reports from The Business Research Company that provides business intelligence software (BI software) market statistics, including business intelligence software (BI software) industry global market size, regional shares, competitors with a business intelligence software (BI software) market share, detailed business intelligence software (BI software) market segments, market trends and opportunities, and any further data you may need to thrive in the business intelligence software (BI software) industry. This business intelligence software (BI 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. The global BI software market grew from $32.73 billion in 2021 to $39.42 billion in 2022 at a compound annual growth rate (CAGR) of 20.4%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The BI software market is expected to grow to $72.31 billion in 2026 at a CAGR of 16.4%. An increase in data-driven projects will aid BI software market growth due to a substantial rise in the demand for real time analytics in the historic period. According to International Data Group (IDG) prediction, 69% of the businesses are planning or implementing data-driven projects in order to enhance production and sales, better decision making, strategic planning of business and others. Companies in the industry are using nosiness intelligence software in order to predict consumer behavior and engagement with their products and services. For instance, Starbucks started using the business intelligence software along with CRM software for predicting the purchasing behavior of the customers. Companies in the end user industries are increasingly adopting cloud based business intelligence tools in order to enhance security, access from anywhere online and benefit from the advantages of economies of scale. The cloud-based BI software is a virtual network, can be accessed via internet hosted on the vendor’s servers to aid efficient connectivity of devices. Cloud-based BI software benefit the companies with its cost effectiveness and low investment as no additional hardware costs are involved, short implementation time and others. According to International Data Corporation (IDC), 50% of the IT infrastructure spending on cloud based tools and for efficient data storage grew by 60-70% in 2020. European Union has implemented a regulation called GDPR to impact business Intelligence software market with principles on data protection, data minimization, data retention, and confidentiality. This regulation emphasizing on securing and safeguarding the consumer data, allows only minimum amount of personal data and restricts the access to extract complete data. The rules on the areas of storage limitation, data minimization might affect the BI software market in terms of analysis and accuracy. In October 2020, Tibco Software acquired Information Builders Inc., for an undisclosed amount. With this acquisition the Tibco’s aims is to augment its connected intelligence platform to address customers end-to-end data management and business analytics needs. Information Builders Inc., founded in 1975 is a leading player in business analytics headquartered in New York. Major players in the business intelligence software (BI software) market are Microsoft BI, IBM Congnos, SAP, SAS, Oracle BI, Micro Strategy, Qlik, Tableau, Sisense, Domo, Yellowfin BI, Pentaho, Jaspersoft, Style Intelligence, Board, Clear Analytics, Looker, Birst, TIBCO, BIRT, Good data, Thought spot, Target BI, Panorama Software and Actuate. The regions covered in the business intelligence software (BI software) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the business intelligence software (BI software) market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global BI software market is segmented - 1) By Deployment: On-Premise, On-Cloud  2) By Application: BFSI, Telecomm, IT, Retail and Consumer Goods, Healthcare and Life sciences, Manufacturing 3) By Type: Unstructured Data, Semi Structured Data, Structured Data

Cybersecurity Services Market Definition