In a rapidly evolving digital-first business world, global organizations are highly influenced by next generation technologies. Future technological advancements, developments, and innovations enabled by the internet, software, and services are known as next generation technologies. These include advanced robotics, AI, IoT, RPA, quantum computing, 3-D printing, 5G wireless networks, virtual reality and augmented reality, and blockchain.
Next generation technologies are paving a way for network-enabled, miniature, and fully automated machines. Although enterprise applications based on such technologies are still in the nascent stages of development, they are gradually beginning to drive innovation strategies of the business and the overall impact of these technologies is expected to multifold over the coming years.
Meticulous Research® has been at the focus of tracking different use cases of next generation technologies and enabling global players to direct their innovation and product enhancement activities towards achieving stable revenue growth in this highly dynamic market environment.
The Genetic Testing Market is projected to reach $ 28.24 billion by 2030, at a CAGR of 10.4% from 2023 to 2030. Genetic testing involves the analysis of chromosomes, proteins, and certain metabolites to detect heritable disease-related genotypes, mutations, phenotypes, ...
The Automotive Cybersecurity Market is projected to reach $13.9 billion by 2030, at a CAGR of 19.9% from 2023 to 2030. The growth of this market is driven by the growing number of connected cars, the growing adoption of telematics and cellular network in the automotive ...
The 5G Testing Market is projected to reach $1.41 billion by 2030, at a CAGR of 12.4% from 2023 to 2030. The growth of this market is attributed to the expanding 5G market, the increasing need for vulnerability assessment of 5G devices, and favorable initiatives ...
The Cloud Managed Services Market is Expected to Reach $247.5 billion by 2030, at a CAGR of 14.2% during the forecast period 2023–2030. The growth of the cloud managed services market is driven by the technological advances supporting the adoption of cloud services, ...
The Automotive LiDAR Market is projected to reach $5.11 billion by 2030, at a CAGR of 29.2% during the forecast period of 2023 to 2030. The growth of this market is attributed to the declining prices of sensors, the rising demand for advanced driver assistance ...
The Molecular Diagnostics Market is projected to reach $46.69 billion by 2030, at a CAGR of 5.6% from 2023 to 2030. The molecular diagnostics market comprises advanced products and technologies used by medical professionals for patient management, from diagnosis ...
The NGS Library Preparation Market is expected to reach $3.62 billion by 2030 at a CAGR of 14.8% from 2023 to 2030. The typical NGS workflow involves several steps, including sample pre-processing, library preparation, sequencing, and bioinformatics. Library preparation ...
The Platform as a Service Market is projected to reach $193.3 billion by 2030, at a CAGR of 15.1% from 2023 to 2030. The growth of this market is driven by the increasing adoption of cloud computing services, the rising need to reduce the time and cost of application ...
The Industrial Cybersecurity Market is expected to reach $49.53 billion by 2030, at a CAGR of 14.8% during the forecast period 2023–2030. The emergence of disruptive digital technologies and the increasing frequency & sophistication of cyberattacks are the major ...
The Tokenization Market is expected to reach $13.23 billion by 2030, at a CAGR of 19.7% during the forecast period of 2023 to 2030. The growth of this market is attributed to the proliferation of digital payment methods, stringent PCI DSS regulations, and increasing ...
The Edge Data Center Market is projected to reach $45.2 billion by 2030, at a CAGR of 17.8% during the forecast period of 2023–2030. The growth of this market is attributed to the rising need for edge data centers in industrial IoT, growing demand for low-latency ...
Digital Identity Management Solutions Market is Expected to Reach $70.8 billion by 2030, at a CAGR of 15.4% during the forecast period 2023–2030.The growth of the global digital identity management solutions market is driven by factors such as the increasing ...
The Managed Network Services Market Is Projected to Reach $103.9 Billion by 2030, at a CAGR of 8.1% from 2023 to 2030. The growth of this market is driven by the increasing deployment of modern campus networks to accelerate service delivery, the surging demand ...
The Cloud Computing Market is projected to reach $1,402.7 billion by 2030, at a CAGR of 16.8% from 2023 to 2030. The growth of this market is driven by the increase in adoption of cloud computing services, personalized customer experience, rising demand for AI, ...
The Telehealth Market is expected to grow at a CAGR of 21.6% from 2022 to 2029 to reach $539.73 billion by 2029. Telehealth refers to the use of digital information and communication technologies, such as computers and mobile devices, to access and manage healthcare ...
The Real-world Data (RWD) Market is projected to grow at a CAGR of 7.4% from 2022 to 2029 to reach $1.66 billion by 2029. Real-world data (RWD) has become a powerful tool in the life sciences industry by pharmaceutical, biotechnology, & medical device companies; ...
The Mobile Security Market is expected to reach $19.5 billion by 2029, at a CAGR of 21.7% during the forecast period 2022–2029. The increase in smartphone users, the number of mobile phone subscriptions, and the increase in mobile-related cyber attacks are the ...
The Radar Market is projected to reach $38.4 billion by 2029, at a CAGR of 7.6% from 2022 to 2029. The growth of this market is attributed to the rising demand for radar systems in automotive and defense industries, the surge in demand for advanced weather monitoring ...
The Digital Payment Market is projected to reach $274.61 billion by 2029, at a CAGR of 16.6% during the forecast period of 2022–2029. Factors such as increased adoption of digital payment modes, rising government initiatives for the adoption of digital payment ...
The Cybersecurity Market is expected to grow at a CAGR of 11.2% from 2019 to exceed $300 billion by 2027; wherein, Asia-Pacific cybersecurity market is expected to grow at the fastest CAGR during the forecast period. Cybersecurity is the practice of protecting ...
The Penetration Testing Market is expected to reach $4.05 billion by 2029, at a CAGR of 12.5% during the forecast period of 2022–2029. The growth of this market is driven by a surge in the need to identify cybersecurity threats and risks across enterprise networks, ...
The Blockchain in Retail Market is projected to reach $25.8 billion by 2029, at a CAGR of 68.3% from 2022 to 2029. The growth of this market is driven by the growing e-commerce, the adoption of blockchain by online retailers, the rising need to improve food safety ...
The Newborn Screening (NBS) Market is projected to reach $2.07 billion by 2029, at a CAGR of 8.9% from 2022 to 2029. Newborn screening is performed for the early identification of the conditions that can affect the child’s survival or long-term health. The screening ...
The RegTech Market is projected to reach USD 23.6 billion by 2029, at a CAGR of 16.5% during the forecast period 2022-2029. The growing number of fraudulent activities, the increasing need to automate regulatory compliance processes, and the rising need for faster ...
The HLA Typing Market is expected to grow at a CAGR of 5.6% from 2022 to 2029 to reach $1.9 billion by 2029. The increasing number of organ transplants, increasing prevalence of chronic and infectious diseases, and technological advancements in the molecular assays ...
