Blockchain in insurance market is expected to grow at a CAGR of 65.9% over the forecast years (2019 – 2027), as Insurance Behemoths and InsurTech Companies are Venturing to Leverage Blockchain Technology to Prevent Insurance Fraud, Says Absolute Markets Insights.

Industry-wide collaborations on blockchain are formulating to make insurance use cases a reality. Insurtech startups are developing solutions for insurance companies that reduce fraudulent activities with improved traceability and accountability. For instance, Everledger Ltd is a London-based blockchain solutions provider that offers an immutable ledger…

Large enterprise segment of business intelligence and analytics software market is set to grow at a CAGR of around 8.3% from 2019 to 2027, owing to factors such as working on shared projects and concurrent business process: says Absolute Markets Insights

Large hospitals and healthcare companies primarily want their workflows to be more efficient to reach optimal targets & customer demands. Business intelligence industry participants generally offers two software types which includes predictive analytics and prescriptive analytics. A company named Cloudera, located in San Francisco offers…

3D Printing in Education Market is bound to revolutionize the teaching and learning pedagogy across the globe market is expected to grow at a CAGR of 16% by 2027, with a significant demand for skill based and practice oriented learning techniques for students says Absolute Markets Insights

3D printing in education is gradually gaining adoption across various educational institutes. With the evolvement of new modes of learning to foster real time problem skills among the students, 3D printing in education is securing pace. In today's digital world, the 3D printers in education…

Artificial intelligence and advanced machine learning market is expected to grow at a CAGR of 45.12% by 2027, owing to increasing overall global investment in artificial intelligence technology, says Absolute Markets Insights.

Recent years have seen significant advances in the capabilities of artificial intelligence and advanced machine learning, as a result of technological developments in the field, increased availability of data and advanced computing power. Due to these developments, systems which only a few years ago struggled…

Digital transformation market is expected to grow at a CAGR of more than 50% over the forecast years (2019 – 2027), owing to the changing customer expectations and rapid technological advancements, says Absolute Markets Insights.

In the light of rapid technological advancements and the changing customer expectations, digital transformation business practices are expanding at a faster pace than ever. In the digital era, where banks are competing with non-financial technology giants and grocery stores are competing with e-tailers like Amazon,…

Global Machine-to-Machine (M2M) Connections Market is expected to grow at a CAGR of 6.5% by 2027, with a significant demand fueled by increasing M2M connections among various industry verticals: says Absolute Markets Insights

The standardization of Internet Protocol version 6 (IPv6) has created a surge in the demand of machine-to-machine (M2M) connections market. The machine-to-machine (M2M) connections market is expected to surpass US$29,118.4 million by 2027, growing at a CAGR of 6.5%. Industry leaders are largely investing owing…

Gesture Recognition Market is expected to grow at a CAGR of 18% from 2019 to 2027 with a significant rise by application in automobiles, says Absolute Markets Insights.

Gesture recognition technology finds notable adoption in consumer goods, automotive, and gaming industry. Gaming industry is witnessing adoption of this technology in the motion based gaming, which are used in different verticals such as education, defence, and others. With the launching of gesture recognition integrated…

Global Blockchain Identity Management Market is set to grow at a CAGR of around 55% by 2027, owing to increasing demand for decentralized identity management infrastructure: says Absolute Markets Insights

Increasing usage of digital media for the transfer of data pertaining to user identity is observed in recent years. Also, there has been a rising need for decentralized information solutions that make the data defendable against potential cyber-attacks. In 2018, the blockchain identity management market…

Rising need to curb healthcare costs is expected to aid global artificial intelligence in healthcare market at a CAGR of around 48.29% by 2027

Technologies such as artificial intelligence helps in harnessing the power of data, presenting huge opportunities to transform healthcare. This enhances the quality of life and also makes the healthcare environment more rewarding. It also helps in drug discoveries for diseases such as cancer. Breast Cancer…

Global Payment Software Market is set to grow at a CAGR of around 7.5% by 2027, fueled by rising demand for simplifying day-to-day transactional complications: says Absolute Markets Insights

Payment software are increasingly being used by organizations as they not only allow them to receive payments but also assist in managing various aspects of their payment lifecycle. The software, which are not just payment gateways, allow efficient collection and management of payments and invoices.…