Snapshot img

US Enterprise Data Management Market Size 2024-2028

The US enterprise data management market size is forecast to increase by USD 5.59 billion at a CAGR of 13.6% between 2023 and 2028.

The market, including Enterprise Data Management (EDM) software, is experiencing significant growth due to increasing demand for data integration and visual analytics. The BFSI industry's reliance on data warehousing and data security continues to drive market expansion. Technological advancements, such as artificial intelligence and machine learning are revolutionizing EDM solutions, offering enhanced capabilities for data processing and analysis. However, the high cost of implementing these advanced EDM solutions remains a challenge for some organizations. Additionally, data security concerns and the need for regulatory compliance are ongoing challenges that require continuous attention and investment. In the telecom sector, the trend towards digital transformation and the generation of vast amounts of data are fueling the demand for strong EDM solutions. Overall, the EDM software market is expected to continue its growth trajectory, driven by these market trends and challenges.

What will be the size of the US Enterprise Data Management Market during the forecast period?

Request Free Sample

The Enterprise Data Management (EDM) market in the BFSI sector is experiencing significant growth due to the industry's expansion and strict regulations. With the increasing volume, velocity, and complexity of data, IT organizations in banks and other financial institutions are prioritizing EDM solutions to handle massive datasets and ensure information accuracy. These systems enable data synchronization, address validation, and single-source reporting, addressing data conflicts and silos that hinder effective business operations. EDM solutions are essential for both internal applications and external communication, allowing for leveraging analytics to gain a competitive edge. In the BFSI sector, where risk control is paramount, EDM plays a crucial role in managing and consuming datasets efficiently.
The market is characterized by a competitive environment, with IT investments focused on multiuser functionality and Big Data capabilities to meet the diverse needs of various business verticals, including manufacturing and services industries. Overall, EDM is a strategic imperative for businesses seeking to stay competitive and compliant in today's data-driven economy.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Deployment

  On-premises
  Cloud


Ownership

  Large enterprise
  Small and medium enterprise


End-user

  Commercial banks
  Savings institutions


Geography

  US

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period. The BFSI sector in the US is witnessing a significant expansion in the enterprise data management market, driven by strict regulations and the competitive environment. Large organizations, including commercial banks, insurance companies, and non-banking financial institutions, are prioritizing data management to ensure information accuracy and risk control. Enterprise Data Management (EDM) solutions are crucial for internal applications and external communication, enabling data synchronization and business operations. Leveraging analytics, IT organizations manage vast datasets and datasets' consumption, addressing data conflicts and ensuring data quality for reporting. EDM encompasses handling massive data through Business Analytics, ETL tools, data pipelines, and data warehouses, as well as data visualization tools.

Get a glance at the market share of various segments Request Free Sample

The on-premises segment was valued at USD 2.9 billion in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of US Enterprise Data Management Market?

Growing demand for data integration and visual analytics is the key driver of the market. In the BFSI sector, strict regulations necessitate the effective management of large volumes of structured and unstructured data. The industry's expansion and competitive environment necessitate the need for advanced data management solutions. Enterprises are leveraging Enterprise Data Management (EDM) systems to address the challenges of data synchronization, internal

Background: Reference to so-called real-world data is more often made in marketing authorization applications for medicines intended to diagnose, prevent or treat rare diseases compared to more common diseases. We provide granularity on the type and aim of any external data on efficacy aspects from both real-world data sources and external trial data as discussed in regulatory submissions of orphan designated medicinal products in the EU. By quantifying the contribution of external data according to various regulatory characteristics, we aimed at identifying specific opportunities for external data in the field of orphan conditions.Methods: Information on external data in regulatory documents covering 72 orphan designations was extracted. Our sample comprised public assessment reports for approved, refused, or withdrawn applications concluded from 2019–2021 at the European Medicines Agency. Products with an active orphan designation at the time of submission were scrutinized regarding the role of external data on efficacy aspects in the context of marketing authorization applications, or on the criterion of “significant benefit” for the confirmation of the orphan designation at the time of licensing. The reports allowed a broad distinction between clinical development, regulatory decision making, and intended post-approval data collection. We defined three categories of external data, administrative data, structured clinical data, and external trial data (from clinical trials not sponsored by the applicant), and noted whether external data concerned the therapeutic context of the disease or the product under review.Results: While reference to external data with respect to efficacy aspects was included in 63% of the approved medicinal products in the field of rare diseases, 37% of marketing authorization applications were exclusively based on the dedicated clinical development plan for the product under review. Purely administrative data did not play any role in our sample of reports, but clinical data collected in a structured manner (from routine care or clinical research) were often used to inform on the trial design. Two additional recurrent themes for the use of external data were the contextualization of results, especially to confirm the orphan designation at the time of licensing, and reassurance of a large difference in treatment effect size or consistency of effects observed in clinical trials and practice. External data on the product under review were restricted to either active substances already belonging to the standard of care even before authorization or to compassionate use schemes. Furthermore, external data were considered pivotal for marketing authorization only exceptionally and only for active substances already in use within the specific therapeutic indication. Applications for the rarest conditions and those without authorized treatment alternatives were especially prominent with respect to the use of external data from real-world data sources both in the pre- and post-approval setting.Conclusion: Specific opportunities for external data in the setting of marketing authorizations in the field of rare diseases were identified. Ongoing initiatives of fostering systematic data collection are promising steps for a more efficient medicinal product development in the field of rare diseases.

Customer Analytics Market size was valued at USD 10.46 Billion in 2024 and is projected to reach USD 38.08 Billion by 2031, growing at a CAGR of 19.34 % from 2024 to 2031.

Global Customer Analytics Market Drivers

Need for Personalized Customer Experience: The increasing demand for tailored experiences has made customer analytics crucial for understanding customer preferences and behaviors.
Data Proliferation: The exponential growth of data from various sources offers rich insights into customer behavior and preferences.
Advancements in Technology: AI, machine learning, and big data analytics have transformed the way businesses analyze customer data, leading to more accurate predictions and insights.

Global Customer Analytics Market Restraints

Data Privacy Concerns: Stricter data privacy regulations can limit data accessibility and increase compliance costs.
Data Quality and Integrity: Ensuring data accuracy and consistency is crucial for reliable insights, but challenges persist in data management.
Skill Gap: A shortage of skilled professionals with expertise in data analytics and interpretation can hinder market growth.

The Data Monetization Market size was valued at USD 2.99 USD Billion in 2023 and is projected to reach USD 8.76 USD Billion by 2032, exhibiting a CAGR of 16.6 % during the forecast period. Data Monetization refers to the process of using data to obtain quantifiable economic benefit. Internal or indirect methods include using data to make measurable business performance improvements and inform decisions. External or direct methods include data sharing to gain beneficial terms or conditions from business partners, information bartering, selling data outright (via a data broker or independently), or offering information products and services (for example, including information as a value-added component of an existing offering). Data can be sold in its raw form or in a form that already incorporates insights and analysis. A simple example of direct data monetization is contact lists of potential business prospects that influence buyers’ businesses or trades. Indirect or internal data monetization involves making measurable business performance improvements and informed decisions using data. Recent developments include: October 2023 – Narrative I/O collaborated with Snowflake to display data within the Trade Desk through the Snowflake Marketplace. It helps create effective, data-driven digital media campaigns. This initiative by Narrative and Snowflake will provide joint customers with a cost-effective solution for activating and distributing audiences from the Snowflake Marketplace., January 2023 – Inbounds.com completed the acquisition of Data Prosper, which provides data list management services, data prosper, data brokerage, and data monetization, among others. This acquisition resulted in enhancements to inbound data analytics and improvement in the client’s return on investments to boost business growth., December 2022 – Wipro launched Wipro Data Intelligence Suite, which is a solution that provides advanced functionalities concerning monetization and cloud modernization. With the additional cloud support, the company aimed to boost digital transformation and enable business growth., March 2022 – Silverback United Inc. completed the acquisition of Darwin Data Capital Inc., which was a provider of data-backed asset solutions and products with major end-users of large industries. This acquisition resulted in a geographical expansion in the U.S., July 2021 – Axia collaborated with UDBI to monetize data and enhance business growth. This collaboration resulted in internal and external monetization of data to improve the consumer experience by implementing personalized marketing and enhancing the consumer experience.. Key drivers for this market are: Increasing Practice of Data Generation and Data Collection within Businesses to Drive the Market Growth. Potential restraints include: Fewer Skilled Workforce and Talent Management Issues to Limit the Market Growth. Notable trends are: Increasing Demand for Private Data and Analytics by Emerging Industries to Fuel Market Growth.

Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

Discover Halaman Marketing And External Trade Inc export import data, contact details, and strategic insights to enhance your global connections.

In response to the soaring demand for imported goods among Chinese consumers, this study innovatively investigates the role of external cues on consumer behavior on cross-border e-commerce platforms, utilizing advanced data crawling techniques to extract data from Tmall Global. Guided by the Elaboration Likelihood Model, this research unveils key determinants affecting consumer purchasing decisions, contributing novel insights to e-commerce literature and methodologies. Our analysis discovers that increased picture comments significantly boost sales and that source credibility, product collections, and price discounts also play pivotal roles, especially for experiential products. We further explore a nuanced, inverted U-shaped relationship between product title length and sales, offering a foundational understanding of non-linear relationships in consumer behavior and presenting practical implications for enhancing marketing strategies. This study, while acknowledging limitations like data access constraints, provides strategic insights into optimizing product information presentation and broadens understanding of consumer decision-making processes, thus adding substantial value to ongoing e-commerce discourse.

Snapshot img

Sales Enablement Platform Market Size 2024-2028

The sales enablement platform market size is estimated to grow by USD 5.61 billion at a CAGR of 17.17% between 2023 and 2028. The market is increasingly focused on enhancing customer digital experiences and optimizing sales processes through the adoption of sales enablement solutions. These solutions enable businesses to streamline operations, engage customers effectively in the digital realm, and integrate sales platforms. However, challenges persist, including concerns over data security and privacy, a shortage of proficiency in software, and inconsistent user experiences. Despite these hurdles, the demand for advanced sales capabilities remains strong. As a result, companies are prioritizing the implementation of sales enablement solutions to navigate the complexities of the evolving digital landscape and maintain a competitive edge. It is essential to address the challenges associated with sales enablement solutions while maximizing their benefits.

What will be the Size of the Sales Enablement Platform Market During the Forecast Period?

To learn more about this sales enablement platform market report, View Report Sample

Sales Enablement Platform Market Segmentation

The sales enablement platform market forecasting research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'USD Billion' for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments

End-user Outlook 

  Consumer goods and retail
  IT and telecom
  Media and entertainment
  Healthcare and life sciences
  Others





Component Outlook 

  Platform
  Services





Region Outlook 

  North America

    The U.S.
    Canada





  Europe

    The U.K.
    Germany
    France
    Rest of Europe





  APAC

    China
    India





  Middle East & Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East & Africa


  South America

    Argentina
    Brazil
    Chile

By End-user

The market share growth by the consumer goods and retail segment will be significant during the forecast period. In 2022 it had the largest share of the overall market. Platforms help geographically distributed teams of retail markets gain access to the latest product information, collateral, and customer insights and strengthen retail logistics. It also provides a means to distribute and manage the vast amount of data and utilize it to effectively close deals.

Get a glance at the market contribution of various segments. View Free PDF Sample

The consumer goods and retail segment showed a gradual increase in the market share of USD 646.70 million in 2018. To ensure customer retention, retailers globally are implementing strategies that target their customer base with personalized content. It helps them appeal to customers on a variety of digital media channels and platforms. Hence these factors will propel the growth of this segment of the market during the forecast period. The sales enablement software market is growing as businesses adopt AI-powered sales platforms to enhance customer engagement. Marketing enablement platforms are increasingly integrated with CRM systems, driving the growth of the global sales enablement platform market. As companies aim for improved customer growth, sales platforms software market demand is rising, fueling innovations in artificial intelligence and customer-focused solutions.

By Component

The market by the platform segment is expected to record a rapid growth rate during the forecast period. The shift towards cloud-based platforms by small and medium-sized enterprises (SMEs) has increased demand for sales enablement platforms as well as product-based sales training. It utilizes internal and external data to inform key business decisions and improve processes and figures. The ability to monetize data to further explore new opportunities also encourages companies to use platforms and utilize data-driven strategies. Some additional features that it provides include trigger alerts in real-time, enrichment of existing data, and the ability to conduct market research. Hence these factors are likely to contribute to the growth of the platform segment of the market during the forecast period.

Regional Overview

For more insights on the market share of various regions, Download PDF Sample now!

APAC is estimated to contribute 27% to the growth of the global sales enablement platform market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Another region offering significant growth opportunities to companies is North America. The largest market in the world is North America due to the increasing shift towards cloud services and software. The services of management consulting firm

Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

Snapshot img

AI Market In Media And Entertainment Industry Size 2024-2028

The AI market in media and entertainment industry size is forecast to increase by USD 30.73 billion at a CAGR of 26.4% between 2023 and 2028. The market is experiencing significant growth, driven by the usage of multimodal AI to enhance consumer experience, analyze audience behavior, and automate content production. Multimodal AI, which combines text, speech, and visual data, is revolutionizing media and entertainment by enabling personalized recommendations, real-time sentiment analysis, and advanced content creation. Additionally, the utilization of blockchain technology is gaining traction in the industry, offering secure and transparent data sharing, and ensuring data privacy and security. Furthermore, the reliance on external sources of data to train AI models is a key trend, as media and entertainment companies seek to leverage diverse datasets to improve their offerings and stay competitive. These factors are expected to fuel market growth in the coming years.

What will the size of the market be during the forecast period?

Request Free Sample

Artificial Intelligence (AI) is revolutionizing the media and entertainment industry by enhancing various applications, including game play, fake story recognition, plagiarism detection, production planning, talent discovery, and virtual creation. AI's integration in media and entertainment is enabling high-definition graphics, real-time virtual worlds, and internet video streaming on Ott platforms. In the gaming sector, AI is used to create intelligent opponents, personalize gameplay experiences, and analyze player behavior for sales and marketing purposes. Social media platforms leverage AI and Machine Learning (ML) for natural language processing to provide personalized content recommendations. AI is also transforming sports analysis by generating live footage and identifying patterns to enhance the online gaming experience. Overall, AI is a game-changer in the media and entertainment industry, offering innovative solutions in content creation, distribution, and consumption. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Further, AI-powered rendering engines can create lifelike visuals by analyzing data from real-world environments and applying it to virtual creations. This not only enhances the viewing experience for consumers but also reduces production costs by allowing for more efficient and cost-effective production. AI is also being used to improve the online gaming experience. Real-time virtual worlds can be created using AI, allowing players to interact with each other and their environment in a better way. AI-generated live footage is also being used to enhance sports analysis, providing more accurate and detailed information to broadcasters and fans. In the realm of sales and marketing, AI is being used to analyze consumer behavior and preferences to create targeted marketing campaigns.

AI-powered chatbots can interact with customers, providing personalized recommendations and support. Additionally, AI can be used to analyze social media trends and identify potential marketing opportunities. In conclusion, AI is transforming the media and entertainment industry in numerous ways, from gameplay and talent discovery to high-definition graphics and sales and marketing. As AI and ML technologies continue to advance, we can expect to see even more innovative applications in this industry.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Technology

  Machine learning
  Computer vision
  Speech recognition


End-user

  Media companies
  Gaming industry
  Advertising agencies
  Film production houses


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    China


  South America



  Middle East and Africa

By Technology Insights

The machine learning segment is estimated to witness significant growth during the forecast period. The media and entertainment industry has witnessed significant advancements with the integration of artificial intelligence (AI) and machine learning (ML) technologies. ML, in particular, has been instrumental in revolutionizing video data management and analysis. One illustration of this trend is the latest developments in object storage solutions, such as those provided by Wasabi Technologies. These solutions incorporate AI and ML capabilities for automated tagging of video data, facilitating efficient storage in S3-compatible object storage systems.

Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

1.Introduction

Sales data collection is a crucial aspect of any manufacturing industry as it provides valuable insights about the performance of products, customer behaviour, and market trends. By gathering and analysing this data, manufacturers can make informed decisions about product development, pricing, and marketing strategies in Internet of Things (IoT) business environments like the dairy supply chain.

One of the most important benefits of the sales data collection process is that it allows manufacturers to identify their most successful products and target their efforts towards those areas. For example, if a manufacturer could notice that a particular product is selling well in a certain region, this information could be utilised to develop new products, optimise the supply chain or improve existing ones to meet the changing needs of customers.

This dataset includes information about 7 of MEVGAL’s products [1]. According to the above information the data published will help researchers to understand the dynamics of the dairy market and its consumption patterns, which is creating the fertile ground for synergies between academia and industry and eventually help the industry in making informed decisions regarding product development, pricing and market strategies in the IoT playground. The use of this dataset could also aim to understand the impact of various external factors on the dairy market such as the economic, environmental, and technological factors. It could help in understanding the current state of the dairy industry and identifying potential opportunities for growth and development.

2. Citation

Please cite the following papers when using this dataset:

1. I. Siniosoglou, K. Xouveroudis, V. Argyriou, T. Lagkas, S. K. Goudos, K. E. Psannis and P. Sarigiannidis, "Evaluating the Effect of Volatile Federated Timeseries on Modern DNNs: Attention over Long/Short Memory," in the 12th International Conference on Circuits and Systems Technologies (MOCAST 2023), April 2023, Accepted

3. Dataset Modalities

The dataset includes data regarding the daily sales of a series of dairy product codes offered by MEVGAL. In particular, the dataset includes information gathered by the logistics division and agencies within the industrial infrastructures overseeing the production of each product code. The products included in this dataset represent the daily sales and logistics of a variety of yogurt-based stock. Each of the different files include the logistics for that product on a daily basis for three years, from 2020 to 2022.

3.1 Data Collection

The process of building this dataset involves several steps to ensure that the data is accurate, comprehensive and relevant.

The first step is to determine the specific data that is needed to support the business objectives of the industry, i.e., in this publication’s case the daily sales data.

Once the data requirements have been identified, the next step is to implement an effective sales data collection method. In MEVGAL’s case this is conducted through direct communication and reports generated each day by representatives & selling points.

It is also important for MEVGAL to ensure that the data collection process conducted is in an ethical and compliant manner, adhering to data privacy laws and regulation. The industry also has a data management plan in place to ensure that the data is securely stored and protected from unauthorised access.

The published dataset is consisted of 13 features providing information about the date and the number of products that have been sold. Finally, the dataset was anonymised in consideration to the privacy requirement of the data owner (MEVGAL).

File	Period	Number of Samples (days)
product 1 2020.xlsx	01/01/2020–31/12/2020	363
product 1 2021.xlsx	01/01/2021–31/12/2021	364
product 1 2022.xlsx	01/01/2022–31/12/2022	365
product 2 2020.xlsx	01/01/2020–31/12/2020	363
product 2 2021.xlsx	01/01/2021–31/12/2021	364
product 2 2022.xlsx	01/01/2022–31/12/2022	365
product 3 2020.xlsx	01/01/2020–31/12/2020	363
product 3 2021.xlsx	01/01/2021–31/12/2021	364
product 3 2022.xlsx	01/01/2022–31/12/2022	365
product 4 2020.xlsx	01/01/2020–31/12/2020	363
product 4 2021.xlsx	01/01/2021–31/12/2021	364
product 4 2022.xlsx	01/01/2022–31/12/2022	364
product 5 2020.xlsx	01/01/2020–31/12/2020	363
product 5 2021.xlsx	01/01/2021–31/12/2021	364
product 5 2022.xlsx	01/01/2022–31/12/2022	365
product 6 2020.xlsx	01/01/2020–31/12/2020	362
product 6 2021.xlsx	01/01/2021–31/12/2021	364
product 6 2022.xlsx	01/01/2022–31/12/2022	365
product 7 2020.xlsx	01/01/2020–31/12/2020	362
product 7 2021.xlsx	01/01/2021–31/12/2021	364
product 7 2022.xlsx	01/01/2022–31/12/2022	365

3.2 Dataset Overview

The following table enumerates and explains the features included across all of the included files.

Feature	Description	Unit
Day	day of the month	-
Month	Month	-
Year	Year	-
daily_unit_sales	Daily sales - the amount of products, measured in units, that during that specific day were sold	units
previous_year_daily_unit_sales	Previous Year’s sales - the amount of products, measured in units, that during that specific day were sold the previous year	units
percentage_difference_daily_unit_sales	The percentage difference between the two above values	%
daily_unit_sales_kg	The amount of products, measured in kilograms, that during that specific day were sold	kg
previous_year_daily_unit_sales_kg	Previous Year’s sales - the amount of products, measured in kilograms, that during that specific day were sold, the previous year	kg
percentage_difference_daily_unit_sales_kg	The percentage difference between the two above values	kg
daily_unit_returns_kg	The percentage of the products that were shipped to selling points and were returned	%
previous_year_daily_unit_returns_kg	The percentage of the products that were shipped to

Auditing Services Market was valued at $243.45 Billion in 2023, and is projected to $USD 353.47 Billion by 2032, at a CAGR of 4.23% from 2023 to 2032.

The global computer accessories market, valued at $14.56 billion in 2025, is projected to experience robust growth, driven by several key factors. The increasing adoption of work-from-home models and the surge in demand for gaming peripherals are significantly boosting market expansion. Technological advancements, such as the development of ergonomic and more feature-rich accessories, are further fueling demand. The market is segmented by product type (external HDDs, gaming accessories, portable speakers, pointing devices, and others) and end-user (business and consumer sectors). Gaming accessories, fueled by the esports boom and the rise of cloud gaming, are expected to be a significant growth driver, along with the increasing demand for high-capacity external hard drives for data storage and backup in both consumer and business sectors. The market's growth is also influenced by regional variations; North America and Europe currently hold significant market share, but the Asia-Pacific region is poised for substantial growth due to rising disposable incomes and increasing internet penetration. However, potential restraints include the economic fluctuations impacting consumer spending and the relatively short lifecycle of some computer accessories. The competitive landscape is characterized by established players such as Logitech, Corsair, and HP, along with numerous smaller niche players, leading to intense competition and innovation in product design and features. A 5.3% CAGR from 2025 to 2033 indicates sustained, albeit moderate, growth throughout the forecast period. The competitive landscape is highly dynamic, with companies continuously striving to innovate and differentiate their offerings. This leads to intense competition, particularly in the gaming accessories segment where brands invest heavily in marketing and sponsorships to capture market share. Successful companies focus on strategic partnerships, research and development, and aggressive marketing campaigns to enhance their brand visibility and capture significant market share. Companies are also investing in sustainable practices and environmentally friendly materials to appeal to environmentally conscious consumers. Future market growth hinges on effectively managing supply chain challenges, adapting to rapid technological change, and successfully navigating economic uncertainties. Continued innovation in areas like wireless technology, improved ergonomics, and increased functionality will be vital for sustained market growth and market leadership.

Snapshot img

Consulting Services Segment Market Size 2024-2028

The consulting services segment market size is forecast to increase by USD 134.9 billion at a CAGR of 7.2% between 2023 and 2028. In the consulting services market, there are several key trends shaping industry growth. First, there is a growing demand for decarbonization consulting as organizations adopt net zero strategies to reduce their carbon footprint. This trend is particularly prevalent in industries such as human resources, IT and telecommunications, technology advisory, life sciences, and financial services. Additionally, Cybersecurity issues continue to pose significant challenges for professional services firms, necessitating a focus on security solutions. Another trend is the increasing importance of technology advisory services, as businesses seek expert guidance on implementing advanced technologies to drive growth and efficiency. Overall, these trends underscore the need for consulting firms to stay abreast of emerging industry trends and offer innovative solutions to meet evolving client needs.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

Technology-driven consulting services play a pivotal role in helping organizations navigate digital transformations and optimize operational performance. This article explores the significance of technology-driven consulting in various industries, including IT and telecommunications, financial services, energy, life sciences, and more. A Game Changer in Business Technology-driven consulting refers to the practice of leveraging external expertise to help businesses make informed decisions regarding technology investments and implementations. This type of consulting encompasses various domains, such as data analytics, artificial intelligence (AI), machine learning, automation, augmented and virtual reality, and cloud-based platforms. Data-Driven Insights for Strategic Planning Data analytics is a crucial aspect of technology-driven consulting. By analyzing large datasets, businesses can gain valuable insights into customer behavior, market trends, and operational efficiency. These insights, in turn, inform strategic planning and help organizations stay competitive. Enhancing Operational Capabilities Artificial intelligence and machine learning are transforming industries by automating repetitive tasks and enabling predictive analytics. Technology-driven consulting firms help businesses integrate these technologies into their operations, streamlining processes and improving overall performance. Protecting Digital Assets As businesses increasingly rely on digital platforms, cybersecurity becomes a top priority.

Technology-driven consulting services can help organizations assess their cybersecurity risks and implement vital security measures to protect sensitive data and maintain regulatory compliance. Human Resources and Legal Compliance Technology-driven consulting also plays a crucial role in human resources management and legal compliance. Firms specializing in technology advisory can help organizations navigate labor laws, ensuring they remain compliant while optimizing their workforce and implementing technology solutions. Industry-Specific Expertise Technology-driven consulting services cater to various industries, including banking, healthcare, and energy. In the banking sector, consulting firms help financial institutions implement digital solutions, optimize operations, and maintain regulatory compliance. In healthcare, technology consulting enables organizations to improve patient care, streamline processes, and enhance data security. Energy consulting focuses on optimizing energy production and distribution, reducing costs, and improving operational efficiency. In conclusion, technology-driven consulting services are essential for businesses seeking to make informed strategic decisions and optimize operational performance. By leveraging external expertise in domains such as data analytics, AI, machine learning, automation, cybersecurity, and human resources management, organizations can stay competitive and adapt to the ever-evolving business landscape.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Management consulting
  IT Consulting
  Financial Consulting
  Marketing Consulting
  Others


Consumer

  Large enterprises
  Small and medium enterprises


Geography

  North America

    US


  Europe

    Germany
    UK
    France
    Spain


  APAC

    China
    India
    Japan
    South Korea


  Middle East and Africa



  South America

    Brazil

By Type Insights

The management consulting segment is estimated to witness significant growth during the f

Abstract

The dataset documented here contains information from surveys of micro and small enterprises conducted in Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria, and Sri Lanka between 2008 and 2014. Researchers from the World Bank and the University of Warwick developed a survey instrument with 26 questions that measured business practices in marketing, stock-keeping, record-keeping, and financial planning. The goal of the research was to examine the relationship between management practices and firm outcomes.

The surveys samples varied in their representativeness and size, because they were in most cases conducted as part of impact evaluations of particular programs. The surveys conducted in Bangladesh, Kenya, Mexico, and Sri Lanka provided representative samples of firms of particular size cutoffs, while those in Ghana and Nigeria came from applicants to business plan competitions. The Chile survey was administered to a sample of applicants to a government microenterprise training program.

Geographic coverage

Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria, and Sri Lanka

Analysis unit

Firm

Kind of data

Sample survey data [ssd]

Sampling procedure

The samples were all drawn for purposes other than testing the business practices instrument, and some were selected to reflect very specific sub-populations of interest for particular studies. They range from female-owned subsistence enterprises to a sample of highly-educated owners applying to a business plan competition. But while the samples were not formally designed to be representative of micro- and small-scale enterprises in each country, collectively they reflect the ranges of enterprises in low- and middle-income countries.

Detailed information about sampling in each of the seven countries can be found in "Business Practices in Small Firms in Developing Countries" report (p.23-25), available in external resources.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

Researches developed a set of 26 questions that measured key business practices used in the day-to-day running of small businesses. These questions were motivated by the content of the International Labour Organization (ILO’s) "Improve Your Business" training curriculum, which covered marketing, buying and stock control, costing and record-keeping, and financial planning.

Examples of business practice questions asked in this study are provided in Bangladesh Formal and Informal Enterprise Survey (Section 7, starting page 17) and Sri-Lanka Female Enterprise Survey (Section 9, starting page 18). Both surveys are published as external resources.

Percentage of enterprises with certain types of web presence by the North American Industry Classification System (NAICS) and size of enterprise. Web presence refers to Internet-based locations where information about a business can be found by external parties.

Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

Snapshot img

Mobile Accelerator Market Size 2024-2028

The mobile accelerator market size is estimated to grow by USD 4.96 billion at a CAGR of 20.62% between 2023 and 2028. In today's digital age, businesses are increasingly recognizing the importance of mobile applications to engage with customers and expand their reach. However, the complexities involved in mobile application development can be a significant barrier. To address this challenge, low-code and no-code development platforms have emerged, enabling faster and more cost-effective mobile app creation. Furthermore, with the growing trend of mobile traffic and the significant time spent on social media, having a mobile presence is no longer an option but a necessity. These platforms provide user-friendly interfaces and pre-built components, allowing developers to focus on customizing the application to meet their unique business needs, without requiring extensive coding knowledge. By leveraging these solutions, businesses can streamline their mobile app development process, stay ahead of the competition, and effectively engage with their audience in the digital space.

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Request Free Sample

Market Dynamic and Customer Landscape

The market is witnessing significant growth due to the increasing usage of smartphones and the rise of web applications. Mobile accelerators are essential tools that optimize the delivery of web content to mobile devices, improving the user experience. They employ various techniques such as WAN optimization, source optimization, and device acceleration to enhance the performance of business applications, gaming applications, M Commerce applications, and social networking applications in the digital environment. Mobile accelerators are crucial for businesses to provide customized solutions for their customers in the competitive digital marketplace. Programming and network infrastructure optimization are key factors driving the market's growth. Mobile marketing and digital ads budgets are also significant contributors to the market's expansion. Third-party vendors offer mobile acceleration services, enabling businesses to integrate cloud solutions and network infrastructure optimization. App developers and network providers are key stakeholders in the mobile accelerator market, collaborating to provide optimal solutions for businesses and end-users. Overall, mobile accelerators are essential for delivering high-performing applications and enhancing the customer experience in the digital world. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The rising need to reduce complexities in mobile application development is notably driving market growth. Mobile accelerators streamline the process of developing and designing mobile applications by eliminating the need for developers to create their own backend systems for server communication. Companies providing mobile accelerator solutions offer customized, cloud-integrated services, which reduce the need for intricate coding for server hosting. This, in turn, minimizes application development time and enhances frontend tasks, such as application design and user interface (UI) creation. The result is an improved customer experience. In the current digital environment, the demand for application development is significant. Mobile accelerators provide businesses with the flexibility and scalability required to meet this demand. They facilitate the automatic generation of APIs for reading and writing external data, and offer network infrastructure optimization for various applications, including music and messaging, business, gaming, travel, entertainment, social networking, banking, health and fitness, e-commerce, and more. Multinationals and small businesses alike benefit from mobile accelerators, as they enable the delivery of high-performing applications on smartphones and tablets, even in areas with limited internet penetration and smartphone penetration. Mobile accelerators optimize source optimization, network, and device acceleration, ensuring seamless delivery of web content, mobile video usage, and auto-upgrades. App developers and network providers rely on mobile accelerators to address glitches and manage data consumption, making them an essential tool in the mobile application development industry. Thus, such factors are driving the growth of the market during the forecast period.

Significant Market Trends

The growing popularity of mobile analytics technology is the key trend in the market. Mobile analytics solutions are gaining popularity among businesses as they offer real-time insights into customer behavior and market trends. These