Globally, the modular data center market is expected to grow with a CAGR of more than 21.8% during the forecast period from 2019 to 2027, starting from US$11.5 Bn in 2018. Modular data center is one of the advanced architecture that provides effective data storage and management facilities to companies operating in several industry verticals. This data center has capability to handle the data at a faster rate and also has multiple power and cooling options.

Globally, the mobile video optimization market is expected to grow with a CAGR of 8.5% during the forecast period from 2019 to 2027. The market is propelled by the increasing adoption of the smartphones and tablets across the globe. The smartphones has unleashed a new wave of video consumption and video creation via its large screen display and advance cameras. Tablets also aid in the adoption of the mobile videos by offering enhance video watching experience and encouraging new consumption avenues for long form content such as movies and educational videos.

Globally, the mobile travel booking market is expected to grow with a CAGR of 12.2% during the forecast period from 2019 to 2027, starting from US$ 858.0 Mn in 2018. The growth of the market is attributed to the increasing adoption of the smartphone across the globe. The number of the smartphone users worldwide has significantly increases over the past five years. The number of smartphones has increased from 1.57 Bn in 2014 to 2.53 Bn in 2018.

Globally, the mobile peer-to-peer (P2P) money transfer market is expected to grow with a CAGR of more than 18% during the forecast period from 2019 to 2027. Over the past decade, a significant increase in the use of smartphone across the globe has been witnessed. The number of smartphones has increased from 1.57 Bn in 2014 to 2.53 Bn in 2018. This growth is credited to the increasing disposable income of the population across the global along with the emergence of the low cost smartphone manufacturers in the Asia region.

The mobile edge computing market worldwide is expected to grow with a CAGR of 32.0% during the forecast period from 2019 to 2027, starting from US$ 258.0 Mn in 2018. Exponentially increasing data traffic worldwide along with data communication systems is the prime factor driving the market growth. Mobile edge computing assists the disposition of services within the RAN to develop profound user experience. Backed by changes in regulatory & legal structure and rising security concern the mobile edge computing market is set to grow.

Globally, the mobile device management (MDM) market is expected to grow with a CAGR of over 23% during the forecast period from 2019 to 2027, starting from US$ 9.60 Bn in 2018. The growth of the market is attributed to the increasing adoption of smartphone along with the internet services is augmenting the demand for the mobile device management market. The smartphone technology had evolved significantly over the years and the adoption of the smartphone is increasing very rapidly across the globe.

Globally, the mobile data protection solution and services market is expected to grow with a CAGR of 21.5% during the forecast period from 2019 to 2027. The growth of the market is driven by the increasing adoption of bring your own device (BYOD) policies and enterprises mobility solution among the organizations. As the adoption of the smartphones and tablets are increasing rapidly across the globe, the enterprises are shifting towards BYOD policies to provide flexibility of using own devices for work purpose and reduce the capital cost of IT infrastructure.

The mobile applications market worldwide is expected to grow with a CAGR of 15.60% during the forecast period from 2019 to 2027, starting from US$ 109.67 Bn in 2018. Mobile applications are an integral component of smart phones and other smart devices such as tablets, smart TV’s etc. Further, there are more than 5.0 Bn mobile users in the world, with global internet penetration at 57%. Introduction of 4G and other content delivery technologies such as live streaming media, downloadable objects etc., is expected to continue boosting the market.

The mobile accelerator market is expected to grow with a CAGR of 23.5% during the forecast period from 2019 to 2027, up from US$ 1.97 Bn in 2018. Enhancement of digital environment and penetration of technology are the major growth driving factors for the market. Mobile accelerators are generally used for application speed enhancement. Mobile accelerators have different application such as device acceleration, content acceleration, WAN optimization and others.

The global mixed reality market is growing competently, and accounted for US$ 75 Mn in 2018 and is expected to grow to US$ 3417.64 Mn in 2027 at a CAGR of 53.9% throughout the forecast period 2019 to 2027. Mixed reality is an interdisciplinary field involving computer graphics, signal processing, computer apparition, user interfaces, mobile computing, wearable computing, information visualization, and the design of displays and sensors.

The global millimeter wave technology market was valued at US$ 289.2 Mn in the year 2018 and expected to reach US$ 4,456.0 Mn by the year 2027, expanding at a CAGR of 35.7% during the forecast from 2019 to 2027. Frenetic growth in wireless technology has espoused various technological advancements in the field of spectrum. Today around 95% of the businesses believe in digital transformation to increase their productivity.

Globally, the Industrial Internet of Things (IoT) market is expected to grow with a CAGR of over 29% during the forecast period from 2019 to 2027, starting from US$ 160.0 Bn in 2018. The market growth is attributed to the increasing adoption of the Industry 4.0 revolution across the manufacturing sector. As the competition among market players is fueling, and the customers are becoming more empowered, the manufacturers are shifting towards advance manufacturing technologies to meet these requirements.

Globally, the industrial cyber security solutions and services market is expected to grow with a CAGR of 10.3% during the forecast period from 2019 to 2027 and had been estimated to register a market value of US$32.26 Bn by 2027. Rising digitalization, technological advancement, and urbanization have led the industries to grow at a rapid pace. The industries are adopting various technologies such as cloud computing, AI, and others for sharing documents, additionally, the increase in the IoT devices in the industries is due to the sharing of data in real-time which is driving the market globally.

Technological advancement in virtual reality is driving the global immersive virtual reality market. Immersive virtual reality is the technology that gives the user a perception of physically present in a non-physical world. This is created by images, sound, and other stimuli providing an engrossing environment to the user. Globally renowned companies such as Sony, Google, and Facebook have entered into the VR market and are launching new products, impacting the global immersion VR market.

The image processing unit market worldwide is expected to grow with a CAGR of 18.5% during the forecast period from 2019 to 2027, starting from US$ 1,050 Mn in 2018. Movidius (Intel Company) the company based out of U.S., which has got products widely catering to different applications, is currently ranked number 1 in the Image Processing Unit Market. The company is a pioneering image processing company which brings the AI visual intelligence to system-on-chips that are being used in numerous applications, like AR, VR, drones, computational photography and the surveillance devices.

Globally, the hyperscale data centers market is expected to grow with a CAGR of more than 17.5% during the forecast period from 2019 to 2027, starting from US$ 18.55 Bn in 2017. Hyperscale data centers are designed to offer a single largely scalable computer architecture. The primary idea behind developing hyperscale data center is to start with small infrastructure in order to keep the initial investments as low as possible. Based on the increasing demand, the initial infrastructure can be expended by adding new nodes to the cluster.

Globally, the home wifi router and extender market is expected to grow with a CAGR of 9.30% during the forecast period from 2019 to 2027 and is expected to register a market value of US$ 14.60 Bn by 2027. A wifi router is a device that includes the functionality of both the router and a wireless access point. These devices are used to offer access to the Internet or a private computer network. These devices allow the user to access the internet on the smart devices without the requirement of any wire for connection.

Globally, the home console market is expected to grow with a CAGR of 4.2% during the forecast period from 2019 to 2027. The growth of the market is driven by increasing technological advancement in the gaming consoles. The integration of the advance audio visual systems has led to the development of myriad new avenues for the growth of the consoles market.

The healthcare e-commerce market worldwide is expected to grow with a CAGR of 17.6% during the forecast period from 2019 to 2027. Global e-commerce market registered a staggering revenue of more than US$ 2.8 Tn sales which is around 15 percent of the overall retail sales. With e-commerce gaining huge momentum across other segments such as electronics and apparels, market players are now increasingly focusing on healthcare segment as their next big business. Rise in internet penetration, greater range of products & services offered and convenience is giving boost to the e-commerce industry. Due to lower prices, free home delivery and other benefits, customers prefer to buy their healthcare needs online.

Globally, the hardware security module (HSM) market is expected to grow with a CAGR of 13.30% during the forecast period from 2019 to 2027 and had registered a market value of US$ 725.0 Mn by 2018. A hardware security module (HSM) is defined as a dedicated crypto processor, which is designed for a secure crypto key lifecycle. Hardware security modules protect the cryptographic infrastructure of various organizations globally by managing and processing the data securely, tamper-resistant devices and also stores cryptographic keys inside a hardened.