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Virtual Training and Simulation Market to Reach $601.85 Billion, Globally, by 2027 at 13.7% CAGR: Allied Market Research

by Component (Hardware and Software) and End User (Defense & Security, Civil Aviation, Education, Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global virtual training and simulation industry generated $204.41 billion in 2019, and is estimated to reach $601.85 billion by 2027, registering a CAGR of 13.7% from 2020 to 2027.
Prime determinants of growth:
Increase in awareness about virtual training and simulation, cost-effective benefits of virtual training and simulation solutions, and rise in defense, healthcare, and education expenditure drive the growth of the global virtual training and simulation market. However, resistance to adopt the virtual training and simulation technology restrains the market growth. On the other hand, advancements in technology and scope for improvements in other industries would create new opportunities in the coming years. ....

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NoSQL Market to Reach $22.08 Bn, Globally, by 2026 at 31.4% CAGR: Allied Market Research

NoSQL Market to Reach $22.08 Bn, Globally, by 2026 at 31.4% CAGR: Allied Market Research
PORTLAND, Ore., May 6, 2021 /PRNewswire/ Allied Market Research published a report, titled, NoSQL Market
by Type (Key-Value Store, Document Database, Column Based Store, and Graph Database), Application (Data Storage, Mobile Apps, Data Analytics, Web Apps, and Others), and Industry Vertical (Retail, Gaming, IT, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026 According to the report, the global NoSQL industry was pegged at $2.41 billion in 2018, and is expected to hit $22.08 billion by 2026, registering a CAGR of 31.4% from 2019 to 2026.
Drivers, restraints, and opportunities
:
Rise in unstructured data, increase in demand for data analytics, and surge in application development business across the globe drive the growth of the global NoSQL market. On the other hand, complexities related with testing NoSQL applications curtail down the growth ....

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Personal Cloud Market to Garner $161.39 Bn, Globally, by 2027 at 24.6% CAGR, Says Allied Market Research

Personal Cloud Market to Garner $161.39 Bn, Globally, by 2027 at 24.6% CAGR, Says Allied Market Research
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Personal Cloud Market to Garner $161.39 Bn, Globally, by 2027 at 24.6% CAGR, Says Allied Market Research

Personal Cloud Market to Garner $161.39 Bn, Globally, by 2027 at 24.6% CAGR, Says Allied Market Research
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Location Analytics Market to Reach $31.13 Billion, Globally, by 2027 at 15.5% CAGR: Allied Market Research

Location Analytics Market to Reach $31.13 Billion, Globally, by 2027 at 15.5% CAGR: Allied Market Research
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