The global IT devices market is anticipated to grow at a CAGR of 9.1% during the forecast period (2024-2031). The growing potential of Cloud-based applications and online services often requires higher processing power, storage capacity, and bandwidth than traditional software. This drives the need for more powerful devices like laptops, desktops, and tablets capable of handling these […]
Category Archives: IT Hardware
The global IT and OT converge market is anticipated to grow at a CAGR of 9.8% during the forecast period. One of the driving forces behind IT and OT convergence is cyber security of operational systems including SCADA, MES, controllers, among others. OT has typically been managed as individual devices, which has made it very difficult for […]
The global hyperscale computing market is anticipated to grow at a CAGR of 21.4% during the forecast period. The need for cloud-based solutions is fueled by the rise in technological use and consumer preference for the cloud. Due to this technology, the user can obtain the data remotely. Additionally, as organizations become more aware of how critical […]
The global hardware security modules market is anticipated to grow at a CAGR of 11.1% during the forecast period. An increased demand for hardware security modules owing to growing concerns about data security and compliance with data protection regulations, such as GDPR and HIPAA. The integration of hardware security modules with emerging technologies like blockchain and IoT […]
The global graphic processor market is anticipated to grow at a significant CAGR of 34.2% during the forecast period. Development of advanced graphic processors to meet the growing demand for the gaming laptops is a key factor driving the growth of the global market. For instance, in September 2023, Acer India has introduced a new gaming laptop […]
The global edge computing hardware market is expected to grow at a significant CAGR during the forecast period. Edge computing refers to the distributed computing paradigm, which is mostly used to bring computing and data storage closer to the location, to improve the response time. The analysis tools used across industries are beginning to drive […]
The global digital printing market is anticipated to grow at a CAGR of 6.8% during the forecast period. The increased use of digital printing has changed how companies and other commercial entities acquire assets. Designers today have virtually endless design options due to the development of digital printing. By forgoing the standard designs confined by conventional printing […]
The global data center fire detection and suppression market is expected to grow at a significant CAGR during the forecast period. The increasing innovations in server virtualization and the adoption of AI-based servers fuel the demand for fire and safety products. Data centers enable the continuity of digital business operations across the globe. They are […]
The global contactless connector market is anticipated to grow at a CAGR of 17.2% during the forecast period (2024–2031). The market growth is attributed to a rise in the adoption of Internetof Things (IoT) technology globally. Contactless connectors facilitate data exchange and communication between IoT devices including smart home devices, industrial automation, and healthcare systems., thus facilitating […]
The global computational fluid dynamics market is anticipated to grow at a CAGR of 8.4% during the forecast period. The ongoing researches on computational fluid dynamics to find out their potential usage in complex design is a key factor driving the growth of the global market. For instance, a research work published in May 2023 shown that […]