Technological up-gradation and innovation in the Telecom & IT market has accelerated dramatically and it now encompasses a more diverse universe of players than ever before. In the current market environment to cope with competition, incumbent Telcos ....see more
The Middle East cybersecurity market is projected to grow from USD 16.75 billion in 2025 to USD 26.04 billion by 2030, with a CAGR of 9.2% during this forecast period. The report profiles key players and other players such as Palo Alto Networks (US), IBM (US), Check Point (US), Cisco (US), Fortinet (US), Trend Micro (Japan), CrowdStrike (US), CPX (UAE), sirar by stc (Saudi Arabia), SITE (Saudi Arabia), Help AG (UAE), Mandiant (US), Eviden (Atos) (France), Trellix (US), SOCRadar (US), SAMI-AEC (Saudi Arabia), Paramount Computer Systems (UAE), Malwarebytes (US), Edge Group (UAE), Taqnia Cyber (Saudi Arabia), Gulf Business Machine (GBM) (UAE), Protiviti (US), Forescout (US), LogRhythm (US), Sophos (UK), Secureworks (US), McAfee (US), Cato Networks (Israel), Cyble (US), Group-IB (Singapore), Cyberani (Saudi Arabia), Recorded Future (US), KELA (Israel), Sejel Tech (Saudi Arabia), ValueMentor (UAE), MoroHub (UAE), CyberSec Consulting (UAE), Salam Technology (Qatar), CyberGate (UAE), CodeGreen (UAE), DTS Solution (UAE), SecurityHQ (UK), RAS Infotech (UAE), Security Matterz (Saudi Arabia), and Safe Decision (Saudi Arabia).
The smart warehousing market is expanding rapidly, with a projected market size anticipated to rise from about USD 31.21 billion in 2025 to USD 46.42 billion by 2030, featuring a CAGR of 8.3%. The key players in the smart warehousing market are Manhattan Associates (US), Körber (Germany), Oracle (US), SAP (Germany), Tecsys (Canada), PSI Logistics (Germany), Samsung SDS (South Korea), Reply (Italy), and Magazino (Germany).
The identity verification market size is projected to grow from USD 14.34 billion in 2025 to USD 29.32 billion by 2030 at a compound annual growth rate (CAGR) of 15.4% during the forecast period. Experian plc (Ireland), LexisNexis Risk Solutions (US), Equifax (US), Thales Group (France), GB Group (GBG) (UK), TransUnion (US), Mastercard (US), Onfido (UK), Trulioo (Canada), IDology (US), Mitek Systems (US), IDEMIA (France), Jumio (US), HyperVerge (India), AU10TIX (Israel), Innovatrics (Slovakia), Intellicheck (US), Signicat (Norway), SecureKey Technologies (Canada), IDfy (India), IDMERIT (US), Veriff (Estonia), AuthenticID (US), TruNarrative (UK), Sumsub (UK), PassFort (UK), PXL Vision (Switzerland), Shufti Pro (UK), iDenfy (Lithuania), Berbix (US), Persona (US), Ekata (US), Hooyu (UK) are some of the players in the identity verification market.
The global AML market size is projected to grow from USD 4.13 billion in 2025 to USD 9.38 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. LexisNexis (US), Oracle (US), FIS (US), Fiserv (US), Jumio (US), NICE Actimize (US), SAS Institute (US), GB Group PLC (UK), FICO (US), ACI Worldwide (US), Experian (Ireland), Wolters Kluwer (Netherlands), Transunion (US), ComplyAdvantage (UK), Friss (Netherlands), Nelito Systems (India), Comarch (Poland), Allsec Technologies (India), Dixtior (Portugal), Temenos (Switzerland), TCS (India), Featurespace (UK), Feedzai (Portugal), Napier AI (UK), Tier1 Financial Solutions (Canada), Finacus Solutions (India), SymphonyAI (US), IDMERIT (US), IMTF (Switzerland), Innovative Systems (US), Sedicii (Ireland), Trulioo (Canada), NameScan (Australia), DataVisor (US), and Gurucul (US) are the key players and other players in the AML market.
The data center rack market is expected to grow from USD 5.17 billion in 2025 to USD 9.42 billion by 2030 at a compounded annual growth rate (CAGR) of 12.7% during the forecast period. The key vendors in the data center rack market are Schneider Electric, HPE, Rittal, Eaton, Vertiv, Dell, Fujitsu, IBM, Cisco, and Legrand.
The global endpoint security market size is projected to grow from USD 27.46 billion in 2025 to USD 38.28 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. Microsoft (US), Palo Alto Networks (US), Trellix (US), CrowdStrike (US), Xcitium (US), Optiv (US), Deep Instinct (US), Securden (India), Morphisec (Israel), Coro (US), IBM (US), Trend Micro (Japan), SentinelOne (US), Sophos (UK), Broadcom (US), Elastic (US), Cybereason (US), Vipre Security (US), Acronis (Switzerland), VMware (US), Blackberry (Canada), ESET (Slovakia), Fortinet (US), Cisco (US), Check Point (Israel), and Kaspersky (Russia) are the key players and other players in the endpoint security market.
The NLP in healthcare & life sciences market is expanding rapidly, with a projected market size anticipated to rise from about USD 5.18 billion in 2025 to USD 16.01 billion by 2030, featuring a CAGR of 25.3%. The major players in the NLP in healthcare & life sciences market include Microsoft (US), Google (US), IQVIA (US), Oracle (US), IBM (US), Lexalytics (US), Averbis (Germany), Emtelligent (Canada), Gnani.ai (India), and Deep 6 AI (US).
The global digital forensics market size is projected to grow from USD 12.94 billion in 2025 to USD 22.81 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period. IBM (US), Cisco (US), Cellebrite (Israel), OpenText (Canada), Nuix (Australia), Exterro (US), MSAB (Sweden), Magnet Forensics (Canada), LogRhythm (US), KLDiscovery (US), Paraben (US), CYFOR (UK), Oxygen Forensics (US), Griffeye (Sweden), CCL Solutions Group (England), Global Digital Forensics (US), Kroll (US), Digital Intelligence (US), Optiv Security (US), Cado Security (England), ElcomSoft (Russia), Binalyze (Estonia), Varutra (US), BlueVoyant (US), Binary Intelligence (US), GMDSOFT (South Korea), and Bounga Informatics (Singapore) are the key players and other players in the digital forensics market.
The smart railways market is estimated to be USD 36.49 billion in 2025 and is projected to reach USD 54.31 billion by 2030 at a CAGR of 8.3% during the forecast period. The report profiles key players, such as Alstom (France), Cisco (US), Wabtec (US), ABB (Switzerland), IBM (US), Hitachi (Japan), Huawei (China), Indra Sistemas (Spain), Siemens (Germany), Honeywell (US), Thales (France), Advantech (Taiwan), Fujitsu (Japan), Alcatel-Lucent Enterprise (France), Moxa (Taiwan).
The network slicing market is projected to expand from USD 1.94 billion in 2025 to USD 49.82 billion by 2030, at a CAGR of 91.3% during the forecast period. The report profiles key players such as Ericsson (Sweden), Huawei (China), Nokia (Finland), Cisco (US), ZTE (China), Ciena Corporation (US), Amdocs (US), Turk Telekom (Turkey), Samsung (South Korea), HPE (US), NTT (Japan), BT Group (UK), and Broadcom (US), Juniper Networks (US), T-Mobile (US), and Mavenir (US).
The generative AI market is experiencing a seismic growth trajectory, projected to surge from USD 71.36 billion in 2025 to USD 890.59 billion by 2032, at a CAGR of 43.4% during the forecast period. The major players in the generative AI market include IBM (US), NVIDIA (US), OpenAI (US), Anthropic (US), Meta (US), HPE (US), AMD (US), Oracle (US), Innodata (US), iMerit (US), Salesforce (US), Telus Digital (US), Microsoft (US), Google (US), AWS (US), Adobe (US), Accenture (Ireland), Capgemini (France), Centific (US), Fractal Analytics (US), Tiger Analytics (US), Quantiphi (US), Databricks (US), Dialpad (US), Appen (Australia), Insilico Medicine (Hong Kong), Simplified (US), AI21 Labs (Israel), Hugging Face (US), Persado (US), Copy.ai (US), Synthesis AI (US), Hypotenuse AI (US), Together AI (US), Mistral AI (France), Adept (US), Stability AI (UK), Lightricks (Israel), Cohere (Canada), Writesonic (US), Inflection AI (US), Colossyan (UK), Jasper (US), Runway (US), Inworld AI (US), Typeface (US), Upstage (South Korea), H2O.ai (US), Speechify (US), Midjourney (US), Fireflies (US), Synthesia (UK), Mostly AI (Austria), Forethought (US), Character.ai (US), Cursor (US), DeepSeek (China), XAI (US), Abridge (US), Perplexity AI (US), SambaNova (US), Scale AI (US), Labelbox (US), and HQE Systems (US).
The conversational AI market is set for significant expansion and is expected to grow from USD 17.05 billion in 2025 to USD 49.80 billion by 2031, indicating a strong CAGR of 19.6% during the forecast period. The major players in the conversational AI market include Microsoft (US), IBM (US), Google (US), OpenAI (US), Baidu (China), Boost.ai (Norway), Verloop.io (India), OneReach.ai (US), Omilia (Cyprus), and Aisera (US).
The AI avatar market is expanding rapidly, with a projected market size anticipated to rise from USD 0.80 billion in 2025 to USD 5.93 billion by 2032, featuring a CAGR of 33.1%. The major players in the AI avatar market include Synthesia (UK), HeyGen (US), D-ID (Israel), Akool (US), Veritone (US), NVIDIA (US), AWS (US), Meta (US), Vyond (US), and Soul Machines (US).
The smart cities market is projected to grow from USD 699.7 billion in 2025 to USD 1,445.6 billion by 2030, achieving a CAGR of 15.6% during this period. The major vendors covered in the smart cities market are Cisco (US), IBM (US), Siemens (Germany), Microsoft (US), Hitachi (Japan), Schneider Electric (France), Huawei (China), NEC Corporation (Japan), and ABB (Switzerland). These players have incorporated various organic and inorganic growth strategies, including collaborations, acquisitions, product launches, partnerships, agreements, and expansions to strengthen their international footprint and capture a greater share in the smart cities market. These organic and inorganic strategies have allowed market players to expand across geographies by offering solutions to smart cities.
The captive portal market is estimated at USD 1.15 billion in 2025 and is expected to reach USD 2.20 billion by 2030 at a CAGR of 13.9% during the forecast period. The report profiles key players, such as Cisco (US), Extreme Networks (US), Arista (US), Purple (UK), Enea (Sweden), Netgear (US), IronWifi (US), Cloud4Wi (US), and Spotipo (US).
The operational technology (OT) security market is projected to reach USD 50.29 billion by 2030 at a CAGR of 16.5% during the forecast period. Fortinet (US), Forcepoint (US), Cisco (US), Tenable (US), Forescout (US), Seckiot (France), Check Point (Israel), Broadcom (US), Trellix (US), Microsoft (US), Okta (US), Palo Alto Networks (US), Qualys (US), Zscaler (US), BeyondTrust (US), CyberArk (US), Rapid7 (US), Sophos (UK), Tripwire (US), Radiflow (Israel), Kaspersky (Russia), SentinelOne (US), Thales (France), Armis (US), Darktrace (UK), Nozomi Networks (US), Honeywell (US), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Tosibox (Finland), Rhebo (Germany), Shield-IoT (Israel), Claroty (US), Dragos (US), Cydome (Israel), Ordr (US), Mission Secure (US), runZero (US), SIGA OT Solutions (US), Sectrio (US), Waterfall Security Solutions (Israel), and Opswat (US) are among the key players in the OT security market.
The SASE market is projected to reach USD 44.68 billion by 2030, at a CAGR of 23.6%, during the forecast period. The major players in the SASE market include Cisco Systems (US), HPE (US), Verizon (US), Broadcom (US), Fortinet (US), Akamai (US), Oracle (US), Juniper Networks (US), Extreme Networks (US), AT&T (US), Palo Alto (US), Barracuda Networks (US), Sophos (US), Riverbed Technology (US), Lumen Technologies (US), Forcepoint (US), Kyndryl Solutions (US), Comcast Corporation (US), GTT Communications (US), Zscaler (US), Cloudflare (US), Netskope (US), McAfee (US), TIBCO Software (US), Proofpoint (US), SonicWall (US), Open Systems (US), Exium (US), Twingate (US), Aryaka (US), Flexiwan (US), Cato Networks (US), Peplink (US), Checkpoint Software Technologies (Israel), BT Group (UK), Vodafone (UK), Orange Business Services (France), Deutsche Telekom (Germany), Colt Technology Services (UK), Huawei (China), Zain Group (Kuwait), KT Corporation (South Korea), NEC Corporation (Japan), Tata Communications (India), NTT Communications (Japan), Saudi Telecom Company (Saudi Arabia), Singtel (Singapore), Telefonica (Spain), Telstra International (Australia), HCLTech (India), Microland (India), Wipro (India), Claro Enterprise Solutions (US), NordLayer (US), Versa Networks (US), Nour Global (Saudi Arabia), MCM Telecom (Mexico), Fatpipe Networks (India), Lavelle Networks (India), and Ransnet (Singapore).
The AI as a service (AIaaS) market is projected market USD 91.20 billion by 2030, featuring a CAGR of 35.1% during the forecast period. The major players in the AI as a Service market include Microsoft (US), IBM (US), Google (US), AWS (US), OpenAI (US), NVIDIA (US), Salesforce (US), Oracle (US), SAP (Germany), and HPE (US).
The market for artificial intelligence is slated to expand from USD 371.71 billion in 2025 to USD 2,407.02 billion by 2032, at a CAGR of 30.6% during the forecast period. The major players in the AI market include Google (US), Microsoft (US), IBM (US), Oracle (US), AWS (US), Intel (US), Salesforce (US), SAP (Germany), AMD (US), Qualcomm (US), Cisco (US), Meta (US), HPE (US), Siemens (Germany), NVIDIA (US), Baidu (China), SAS Institute (US), OpenAI (US), Huawei (China), Alibaba Cloud (China), Centific (US), Fractal Analytics (US), Tiger Analytics (US), Quantiphi (US), Databricks (US), iMerit (US), Telus International (Canada), Innodata (US), Sama (US), C3 AI (US), HQE Systems (US), Appier (Taiwan), Adept (US), H20.AI (US), Spot AI (US), Anthropic (US), Cohere (Canada), Inbenta (US), Character.ai (US), DeepL (Germany), Inflection AI (US), Arrow AI (US), Observe.ai (US), Anyscale (US), AI21 Labs (Israel), Persado (US), Dialpad (US), Graphcore (UK), Shield AI (US), Gamaya (Switzerland), Arthur AI (US), ADA (Canada), Mostly AI (Austria), Metropolis Technologies (US), Cerebras (US), Jasper (US), Soundful (US), Writesonic (US), One AI (Israel), Synthesia (UK), Snorkel (US), Labelbox (US), Appen (US), and Cogito Tech (US).
The AI in energy market is projected to reach USD 58.66 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 36.9% during the same period. The major vendors covered in the AI in energy market are Schneider Electric SE (France), GE Vernova (US), ABB Ltd (Switzerland), Honeywell International (US), Siemens AG (Germany), AWS (US), IBM (US), Microsoft (US), Bidgely (US), and Oracle (US).
The risk analytics market is projected to reach USD 51.34 billion by 2030, reflecting a robust CAGR of 9.7% during the forecast period. The major players in the risk analytics market include IBM (US), Oracle (US), FIS (US), Moody's Analytics (US), Lockton (US), Marsh McLennan (US), SAS Institute (US), MetricStream (US), Milliman (US), and Protiviti (US).
The edge AI software market is projected to reach USD 8.88 billion by 2031, at a CAGR of 24.4% during the forecast period. Some of the major edge AI software providers include Microsoft (US), IBM (US), Google (US), AWS (US), Synaptics (US), Gorilla Technologies (UK), Intel (US), Infineon Technologies (Germany), Intent HQ (UK), Baidu (China), and NVIDIA (US). These companies employ both organic and inorganic growth strategies, such as product launches, acquisitions, and partnerships, to strengthen their position in the edge AI software market.
The AI agents market is projected to reach USD 52.62 billion by 2030 at a CAGR of 46.3% during the forecast period. The major players in the AI agents market include Google (US), Amelia (US), IBM (US), OpenAI (US), and AWS (US). Some of the SMEs and startups are Fluid AI (India), Stability AI (UK), Cognigy (Germany), Aisera (US), and Cognosys (Canada).
The application lifecycle management market is projected to reach USD 6.58 billion by 2029 at a compound annual growth rate (CAGR) of 8.6% during the forecast period. The major vendors covered in the Application Lifecycle Management market Microsoft (US), Atlassian (Australia), IBM (US), OpenText (Canada), Broadcom (US), Siemens (Germany), PTC (US), SAP (Germany), HCLTech (India), Dassault Systèmes (France), BMC Software (US), Rocket Software (US), Digital.ai (US), Perforce (US), Ansys (US), Microgenesis (India), ReQtest (Sweden), Nimblework (US), Kovair Software (US), Jama Software (US), Inflectra (US), Enalean (France), Original Software (UK), Practitest (Israel), Orcanos (Israel), Novalys (France), Visure Solutions (US), Techexcel (US), TestRail (Germany). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Application Lifecycle Management market.
The indoor 5G market is projected to reach USD 46.66 billion by 2030, at a CAGR of 22.1% during the forecast period. The report profiles key players such as Ericsson (Sweden), Huawei (China), Nokia (Finland), Samsung (South Korea), ZTE (China), CommScope (US), Corning (US), Comba Telecom (Hong Kong), AT&T (US), and Airspan (US).
The tax tech market is projected to reach USD 36.72 billion by 2030 at a CAGR of 12.1% during the forecast period. Some of the tax tech vendors are Wolters Kluwer (Netherlands), H&R Block (US), Avalara (US), and Vertex.inc (US), Thomson Reuters (Canada), SAP (Germany), ADP (US), Sovos (US), Intuit (US) and Xero (New Zealand).
The MarTech market is projected to reach USD 296.88 billion by 2030, at a CAGR of 11.0% during the forecast period. Some major players in the MarTech market include Google (US), Microsoft (US), Oracle (US), Salesforce (US), HubSpot (US), IBM (US), Adobe (US), Genesys (US), AWS (US), NICE (Israel), Meta (US), Sprout Social (US), Zoho (India), SAP (Germany), OpenAI (US), Twilio (US), The Trade Desk (US), Criteo (France), Intuit Mailchimp (US), Klaviyo (US), Braze (US), Iterable (US), Amplitude (US), SEMrush (US), Optimizely (US), BrightEdge (US), Hootsuite (Canada), Taboola (US), WordPress (US), Substack (US), ManyChat (US), Flodesk (US), Aspire (India), Heepsy (Spain), Visme (US), Mangools (Slovakia), Contentful (Germany), CleverTap (India), ThoughtSpot (US), Funnel (Sweden), Moz (US), Ahrefs (Singapore), InstaPage (US), Later (Canada), Mixpanel (US), Buffer (US), Hotjar (Malta).
The Customer Information System (CIS) market is projected to reach USD 3.26 billion by 2030. This rapid growth, with a CAGR of 12.8% during the forecast period. The major players in the customer information system market include SAP (Germany), Oracle (US), Minsait (Spain), Hansen Technologies (Australia), Kraken Technologies (UK), Engineering Group (Italy), Gentrack (New Zealand), Itineris (Belgium), and CSG International (US), along with SMEs and startups such as Advanced Utility Systems (Canada), VertexOne (US), Efluid (France), Open Intelligence (US), Cayenta (Canada), Ferranti Computer Systems (Belgium), Tally Group (Australia), Kaluza (UK), Avertra (US), and Cogsdale (Canada).
The Small Language Model (SLM) market is projected to reach USD 5.45 billion in 2032, growing at a CAGR of 28.7% during the forecast period. The major players in the small language model market include Microsoft (US), IBM (US), Infosys (India), Mistral AI (France), AWS (US), Meta (US), Anthropic (US), Cohere (Canada), OpenAI (US), Alibaba (China), Arcee AI (US), Deepseek (China), Upstage AI (US), AI21 Labs (Israel), Krutrim (India), Stability AI (UK), Together AI (US), Lamini AI (US), Groq (US), Malted.ai (UK), Predibase (US), Cerebras (US), Ollama (US), Fireworks AI (US), Snowflake (US), and Prem AI (Switzerland).
The insurance platform market is projected to reach USD 207.52 billion by 2030, indicating a strong CAGR of 12.3% during the forecast period. The major players in the insurance platform market include Salesforce (US), Google (US), Adobe (US), Microsoft (US), Oracle (US), Guidewire Software (US), Duck Creek Technologies (US), IBM (US), Pegasystems (US), and Accenture (Ireland).
The AI Data Center market is projected to reach USD 100 billion by 2030 growing at a CAGR of 30%. Driven by major announcements and large-scale projects, the US leads with massive initiatives from OpenAI, AWS, Meta, and Microsoft, and others including the multi-hundred-billion-dollar Stargate project. India follows with AdaniConneX, ST Telemedia planning a multi-billion-dollar investments. The UK and Italy see strong investments from Microsoft, focusing on energy-efficient infrastructure, while South Korea’s SK Telecom and LG U+ adopt cutting-edge GPUs and cooling technologies. Saudi Arabia (KSA) also stands out with a 1.5 GW AI Inferencing Data Center that is planned to be built by Saudi Aramco and Groq
The growing need for data-driven, scalable, and efficient environmental solutions is fueling the green technology and sustainability market, which is projected to reach USD 73.90 billion by 2030, at a 23.7% CAGR during the forecast period. The major players in the green technology & sustainability market include GE (US), Siemens (Germany), SAP (Germany), Schneider Electric (France), and IBM (US) along with SMEs & startups such as Watershed (US), Clarity AI (US), Normative (Sweden), Persefoni (US), and IsoMetrix (US).
The natural disaster management market is projected to reach USD 114.04 billion by 2029, at a CAGR of 12.3% during the forecast period. The report profiles key players such as NEC (Japan), Hexagon (Sweden), Nokia (Finland), Xylem (US), Esri (US), Everbridge (US), Blackberry (Canada), Vaisala (Finland), SAS Institute (US), SuperMap (China), Sadeem Technology (Saudi Arabia), Lumineye (US), Venti LLC (US), SimpliSafe (US), One Concern (US), Trinity Mobility (India), F24 (England), Alertus Technology (US), OroraTech (Germany), Dryad Networks (Germany), GeoSIG (Switzerland), Kinemetrics (US), Nanometrics (Canada), Sanlien Technology (China), Telegrafia (Slovakia), SeismicAI (Israel), and OTT HydroMet (Germany).
The cloud ERP market is projected to reach USD 172.74 billion by 2029 at a CAGR of 14.5% during the forecast period. Some of the cloud ERP vendors are SAP (Germany), Oracle (US), Microsoft (US), Intuit (US), Infor (US), Epicor (US), Sage Group (US), IFS (Sweden), Plex (US) and Acumatica (US).
The global SSE market is expected to grow from USD 6.08 Billion in 2024 to USD 23.01 Billion by 2030, at a compound annual growth rate (CAGR) of 24.8% during the forecast period. The key players Zscaler (US), Cisco (US), Broadcom (US), Palo Alto Networks (US), Netskope (US), Fortinet (US), Skyhigh Security (US), HPE Aruba Networks (US), iBoss (US), Lookout (US) Cloudflare (US), Check Point (Perimeter 81) (US and Israel), Open Systems (Switzerland), Forcepoint (US).
The AI API market is expected to grow from USD 44.41 billion in 2025 to USD 179.14 billion by 2030, at a compound annual growth rate (CAGR) of 32.2% during the forecast period.The key players Microsoft (US), IBM (US), Google (US), AWS (US), Open AI (US), Meta (US), Databricks (US), DataRobot (US), Baidu (China), Twilio (US), AssemblyAI (US), Hugging Face (US), DeepL (Germany), Midjourney (US), SymphonyAI (US), CrowdStrike (US), Scale AI (US), Veritone (US), Flow AI (Netherlands), SentiSight.ai (Lithuania), Yandex (Russia), Tencent Cloud (China), Speechmatics (England), Anthropic (US), Plivo (US), Cohere (Canada), Cequence Security (US), Eden AI (France), DeepSeek (China), Tavus (US), Imagga (Bulgaria), Lettria (France), Clarifai (US), Apptek (US), Base64.ai (US), DeepAI (US), Twelve Labs (US), Stream.io (US), Deep Infra (US), Deepgram (US), Goose AI (US), Snatchbot (Israel), Plum Voice (US), Mindee (France), Replicate (US), ModelsLab (India).
The legal AI software market is expected to grow from USD 3.11 billion in 2025 to USD 10.82 billion by the year 2030, at a CAGR of 28.3% during the forecast period. The major players in the legal AI software market include LexisNexis (US), Thomson Reuters (Canada), Sirion (US), Wolters Kluwer (Netherlands), Relativity (US), CS DISCO (US), and Consilio (US), along with SMEs and startups such as Harvey (US), vLex (US), Lawgeex (US), Neota Logic (US), and eBrevia (US).
The AI in finance market size is projected to reach USD 190.33 billion by 2030, at a CAGR of 30.6% during the forecast period. Some major players in the AI in Finance Market include FIS (US), Fiserv (US), Google (US), Microsoft (US), Zoho (India), IBM (US), Socure (US), Workiva (US), Plaid (US), SAS (US), C3 AI (US), HighRadius (US), AWS (US), SAP (Germany), HPE (US), Oracle (US), Intel (US), NVIDIA (US), Salesforce (US), DataRobot (US), Enova International (US), AlphaSense (US), NetApp (US), Ocrolus (US), Vectra AI (US), Teradata (US), Pega (US), Vena Insights (US), Affirm (US), Symphony AI (US), Envestnet Yodlee (US), Addepto (Poland), Deeper Insights (UK), H2O.ai (US), App0 (US), Underwrite.ai (US), Deepgram (US), Emagia (US), InData Labs (US), Zest AI (US), Scienaptic AI (US), Gradient AI (US), Kasisto (US), Trumid (US), DataVisor (US), Kavout (US), WealthBlock (US).
The AI for Sales and Marketing Market is expected to grow from USD 57.99 billion in 2025 to USD 240.58 billion by the year 2030, at a compound annual growth rate (CAGR) of 32.9% during the forecast period.The key players Salesforce (US), Google (US), Adobe (US), Microsoft (US), Oracle (US), AWS (US), OpenAI (US), IBM (US), NVIDIA (US), and SAP (Germany).
The embedded finance market is projected to reach USD 251.5 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period. The major vendors covered in the embedded finance market are Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the embedded finance market.
The location-based entertainment (LBE) market is projected USD 15.33 billion by 2029 at a compound annual growth rate (CAGR) of 22.9% from 2024 to 2029. The major vendors covered in the Location-Based entertainment market are Microsoft (US), Google (US), Meta (US), NVIDIA (US), Unity Technologies (US), Sony Interactive Experiences (US), Samsung (South Korea), Barco Electronic System (Belgium), Panasonic (Japan), Huawei Technologies (China), HQ Software (Estonia), HTC Vive (Taiwan), Niantic (US), Vicon Motion Systems (UK), Optitrack (US), Springboard VR (US), 4Experience (Poland), Hologate (Germany), Ultraleap (UK), Magic Leap (US), Shape Immersive (Canada), Camon (Argentina), Kat VR (China), Virtuix (US), Pico (US), Illumix (US), Sandbox VR (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Location-Based entertainment market.
The markets highlighted in this study represents a staggering $35 trillion opportunity by 2035. MnM industry experts have analysed more than 6,000 markets to uncover the dynamic, fast-growing markets that will drive global GDP growth over the next decade, from $115tr to $155 Tr by 2035. We’ve moved from being nomads and hunters to living in cities and trying to automate everything we see around us. And we’re not done. Today, we are looking toward an even greater level of economic growth over the next ten years—Industry 5.0 looms large and presents opportunities of over USD 35 trillion through 2035.
The hyperscale data center market is projected to reach USD 608.54 billion by 2030 at a compounded annual growth rate (CAGR) of 24.6% during the forecast period. The hyper-scale data center market is dominated by a few globally established players such as AWS (US), Google (US), Microsoft (US), Oracle (US), IBM (US), HPE (US), Arista Network (US), Dell (US), Tencent (China), Alibaba (China), Cisco (US), NVIDIA (US), Vertiv (US), Nlyte Software (US), ABB (US), Quanta Cloud Technology (US), AdaniConnex (India), Eaton (Ireland), Colt Data Center Services (UK), Rittal (Germany), Penguine Solution (US), Infinidat (Israel), and Energy Vault (Switzerland) among others, are the key vendors that secured hyperscale data center market in last few years. Customers are conducting experiments in the hyperscale data center market because of their increased standard of living, easy access to information, and quick adoption of technical items.
Global IT spending on devices, data center systems, enterprise software, IT services, and communications services is forecast to reach USD 5.7 trillion by 2025 (9.3% growth over 2024). OpenAI, Microsoft, Google, AWS, and Adobe are the major players in generative AI, with more than 45% combined market share in 2024. Other prominent market players are NVIDIA, Meta, Anthropic, Accenture, and IBM. In 2024, key generative AI providers strive to maintain their leadership positions with new product launches & product enhancements, multimodal AI advancements, strategic deals, and partnerships & collaborations. In 2025, Generative AI providers will invest in ethical AI frameworks, real-time multimodal capabilities, and AI democratization to enhance usability, address bias, and ensure data security, meeting the growing demand for personalized, transparent, and scalable AI solutions across industries.
The AI for customer service market is projected to reach USD 47.82 billion by 2030, at a CAGR of 25.8% during the forecast period. Some major players in the AI for customer service Market include Microsoft (US), IBM (US), Google (US), AWS (US), Salesforce (US), Atlassian (Australia), ServiceNow (US), SAP (Germany), Zendesk (US), Sprinklr (US), OpenAI (US), Aisera (US), UiPath (US), HubSpot (US), NICE (Israel), Intercom (US),Qualtrics (US), Freshworks (US), LivePerson (US), HelpShift (US), Yellow.ai (US), Cogito (US), SmartAction (US), Talkdesk (US), Five9 (US), RingCentral (US), Nextiva (US), Kore.ai (US), Dynamic Yield (US), Jio Haptik (India), Oracle (US), Afiniti (Bermuda), Kommunicate (US), Help Scout (US), Gorgias (US), Atera (Israel), Ada (US), Kustomer (US), Levity (Germany), Cognigy (Germany), Engageware (US), Netomi (US), Level AI (US), Sybill AI (US), OneAI (US), Brainfish (Australia), SentiSum (England), Balto (US), Tovie AI (UK), Guru (US), Tidio (US), Quiq (US), Aircall (US), OneReach.ai (US), Cresta (US), Deepdesk (Netherlands), Front (US), Fullview (Denmark), Crescendo AI (US), Gridspace (US).
The global quantum key distribution (QKD) market size is projected to reach USD 2.63 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 32.6% during the forecast period. Toshiba (Japan), ID Quantique (Switzerland), QuintessenceLabs (Australia), MagiQ Technologies (US), QuantumCTek (China), LuxQuanta (Spain), Kloch (US), HEQA Security (Israel), QNu Labs (India), PacketLight Networks (Israel), KETS Quantum Security (UK), QEYnet (Canada), ThinkQuantum (Italy), KEEQuant (Germany), SpeQtral (Singapore), Qudoor (China), QTI (Italy), S-Fifteen Instruments (Singapore), C-DOT (India), Qbitonix Technologies (India), Telsy (Italy), Quantum Blockchains (Poland), LevelQuantum (Italy), Quantum Technology Laboratories (Austria), Quantum Industries (Austria), and Quantum Optic Jena (Germany) are the key players and other players in the QKD market.
The global encryption as a service market size is projected to reach USD 5.98 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. AWS (US), Cisco (US), HashiCorp (US), Google (US), Box (US), IBM (US), Microsoft (US), Utimaco (Germany), CLAI PAYMENTS (US), Retarus (Germany), Intermedia (US), Thales (France), Network Fish (UK), StorMagic (UK), Bluefin (Georgia), Cogito Group (Australia), Kloch (US), Virtru (US), Tencent Cloud (China), GarbleCloud (US), Proton (Switzerland), Fortanix (US), Akeyless (US), NordLocker (Netherlands), Piiano (Israel), and Delinea (US) are the key players and other players in the encryption as a service market.
The application modernization services market is projected to reach USD 39.62 billion by 2029 at a compound annual growth rate (CAGR) of 14.8% during the forecasting period. The major vendors covered in the application modernization services market are Oracle (US), IBM (US), Microsoft (US), HCL Technologies (India), Accenture (Ireland), ATOS SE (France), Capgemini (France), Cognizant (US), Tata Consultancy Services (India), Aspire Systems (India), NTT Data Group Corporation (Japan), Infosys (India), Dell Technologies (US), Innova Solutions (US), EPAM Systems (US), DXC Technology (US), MongoDB (US), LTIMindtree (India), Wipro (India), Rocket Software (US), Fujitsu (Japan), Hexaware Technologies (India), Virtusa (US), Softura (US), CloudHedge (US), D3V Technology (US), Bayshore Intelligence (US), Opinov8 (UK), Icreon (US), Symphony Solutions (Netherlands), Cleveroad (Ukraine), Soft Suave (India), TechAhead (US), and Geomotiv (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the application modernization services market.
The market for digital product passport is projected to reach USD 1,780.5 million by the year 2030 at an impressive CAGR of 45.7% over the forecast period. The major players in the digital product passport market include Siemens (Germany), 3E (US), Kezzler (Norway), and Circulor (UK), along with SMEs and startups such as Circularise (Netherlands), The ID Factory (Italy), Renoon (Netherlands), Spherity (Germany), and Carboledger (US),
The global SOC as a Service (SOCaaS) market size is projected to reach USD 14.66 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period. The report profiles key players such as Thales (France), Airbus Cybersecurity (France), NTT (Japan), Lumen Technologies (US), Fortinet (US), Cloudflare (US), Check Point (US), Kaseya (US), Trustwave (US), Arctic Wolf Networks (US), Proficio (US), LRQA (UK), Inspirisys (India), Eventus Security (India), and Cyber Security Hive (India).