The growth of the ICT domain in 2024 is attributed to the adoption of several innovative technologies such as artificial intelligence, robotics, and blockchain by different industries. Moreover, the transition toward cloud and edge computing has accelerated the sector’s growth and success. Along with this, the rise of certain industries has also contributed to the expansion of the ICT landscape in 2024. Allied Market Research, in its newsletter, has highlighted the top 10 published studies that have played a key role in propelling the domain ahead. Each of these markets is studied comprehensively in their reports with a special focus on the growth drivers and investment opportunities.
The subscription-based gaming market report published by AMR covers all the important factors influencing the industry. Moreover, the study features a dedicated section wherein the impact of the COVID-19 pandemic on the landscape has been discussed in detail. This exercise also provides insights and suggestions as to how companies can revive their businesses in the post-pandemic period.
The AMR report on the subscription-based gaming industry states that the landscape, which accounted for $17.16 billion in 2021, is expected to amass a revenue of $55.94 billion by 2031, citing a CAGR of 12.9% during 2022-2031. In the last few years, several governments across the globe in developed and developing countries have launched 5G services with unlimited data plans, creating new investment opportunities in the industry. Moreover, the advent of AR technology has opened new avenues for growth in the market.
Allied Market Research, in its report on the managed learning services market, has highlighted the significant growth drivers, restraints, and opportunities in the industry to aid companies make the right investment decisions. The study offers actionable data on the various aspects of the market, thereby helping businesses develop a complete understanding of the landscape.
As per the study, the managed learning services industry is expected to gather a revenue of $9.4 billion by 2032. The landscape accounted for $3.6 billion in 2022 and is anticipated to rise at a CAGR of 10.3% during 2023-2032. The overall growth in digital learning platforms and the rising demand for personalized education have increased the revenue share of the market in 2024. Additionally, the shift toward adaptive learning for specialized learning solutions is expected to impact the industry positively.
The AMR report on the Southeast Asia and Middle East data center services market classifies the industry into different segments based on type, data center size, and application. Each of these segments is analyzed in detail with emphasis on their growth drivers and restraints. The aim of this exercise is to assist enterprises in focusing on the key investment areas.
The Southeast Asia and Middle East data center services market study highlights that the industry accounted for $9,164.57 million in 2023 and is projected to rise at a CAGR of 18.0% during 2024-2032. The growing need for advanced data requirements to address the evolving IT requirements has strengthened the foothold of the landscape in 2024. Additionally, the launch of smart city projects and digital economy schemes by governments in these regions has helped the market flourish.
Artificial Intelligence of Things refers to the integration of two advanced technologies, viz., artificial intelligence and IoT. The report on the AIoT market provides insights into the latest developments, upcoming trends, and advancements in the industry to help companies stay ahead of their competitors in the industry.
The AIoT market study by AMR states that the industry is projected to gather a revenue of $126.1 billion in 2023 at a CAGR of 30.2% during 2024-2032. The growing application of AIoT in different end-use sectors such as healthcare, agriculture, manufacturing, and transportation has played a huge role in the expansion of the industry. Moreover, the increased preference for secure, connected devices has created favorable conditions for the growth of the industry.
The building information modeling (BIM) market report provides an in-depth analysis of the performance of the industry in various regions, including Asia-Pacific, North America, LAMEA, and Europe. All the significant socioeconomic, cultural, and administrative factors influencing the growth of the industry are presented as part of this exercise.
In the last few years, many governments across the world have enacted laws mandating the use of building information modeling (BIM) to improve the planning, design, and construction of residential and commercial buildings. Furthermore, the adoption of innovative technologies such as AR and VR has broadened the scope of the landscape. The market is anticipated to gather a revenue of $34.2 billion by 2032 at a CAGR of 16% during 2023-2032.
Identity as a Service is a model wherein identity and access management services are provided to the customer over cloud platforms. The AMR market report on the industry highlights the various strategic alliances established by leading players to enable new entrants to chalk out their plans for expansion across the globe.
According to the study, the Identity as a Service market accounted for $6.2 billion in 2023 and is predicted to amass a sum of $54.1 billion by 2032, registering a CAGR of 27.5% during 2024-2032. The overall rise in the number of cyber threats, malware attacks, and identity-related fraud has impacted the industry positively. At the same time, the integration of advanced technologies such as AI and machine learning in identity access management platforms has maximized the revenue share of the landscape in 2024.
The family/indoor entertainment centers market report by AMR provides a comprehensive segmental analysis in which the industry is studied on the lines of activity area, facility size, visitor demographics, revenue source, and type. The market intelligence offered in this report helps enterprises align their operations as per the evolving industry dynamics.
As per the study, the family/indoor entertainment centers market is anticipated to rise at a CAGR of 12.1% from 2024 to 2033. Over the years, family entertainment centers have become a popular destination for get-togethers, parties, social gatherings, etc. Technological developments and innovations have also played a major role in enhancing the appeal of family entertainment centers. Both these factors have contributed hugely to the growth of the landscape in 2024.
The revenue operations software market report offers a comprehensive overview of the industry's leading growth drivers and investment opportunities. The study provides a competitive scenario of the industry with the help of scientific analytical tools such as Porter’s five forces to help companies formulate strategies for expanding their businesses worldwide.
The AMR study on the revenue operations software market highlights that the industry, which accounted for $3.7 billion in 2023, is expected to gather a revenue of $15.9 billion by 2033, rising at a CAGR of 15.4% during 2024-2033. The rising trend of data-driven decision-making in almost all end-use industries is expected to play a significant role in the expansion of the market in the coming period. Along with this, the adoption of advanced technologies such as AI and IoT to automate various processes has opened new avenues for growth in the landscape.
The employment screening services market report extensively covers the performance of the industry in the provinces of LAMEA, Europe, Asia-Pacific, and North America. The regional analysis provides detailed insights into the demographic, political, and sociocultural factors shaping market growth across different countries, enabling businesses to compete effectively with global industry leaders.
The employment screening services market, as per the AMR report, highlights that the industry is predicted to gather a revenue of $19.6 billion by 2033 at a CAGR of 11.2% during 2024-2033. The shift toward remote work models and the adoption of a work-from-home culture has expanded the footprint of the landscape globally. Moreover, the growing need for employee background monitoring to ensure workplace safety has led to a surge in the revenue share of the market in 2024.
The hybrid cloud market report by AMR throws light on the latest product launches, upcoming trends, and technological advancements in the industry. Along with this, strategic alliances such as partnerships, collaborations, mergers, and acquisitions are also discussed to aid businesses in staying updated over their peers in the landscape.
The AMR report on the market states that the industry accounted for $96.7 billion in 2023 and is predicted to grow at a CAGR of 17.4% during 2024-2033. The transition toward cloud-based services by leading companies in almost all end-use sectors has accelerated the market’s growth rate and success. Furthermore, the adoption of advanced technologies such as IoT is estimated to bring in numerous opportunities in the industry in the near future.
The ICT sector has increased its revenue share immensely in 2024 due to the emergence of innovative technologies such as AI, IoT, and cloud computing. The increased integration of augmented and virtual reality by IT companies to improve user experience has impacted the landscape positively. The AMR’s newsletter on the top 10 published studies in the ICT domain for 2024 emphasizes the contribution of the leading markets to the growth of the sector.
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