technology

Market Highlights: The increasing scope of service-oriented architecture is boosting the application development market growth to a large extent. The service-oriented architecture is widely used among organizations. It is involved in web-based applications in which the user can work on multiple implementation platforms. The emerging technologies such as artificial intelligence also boost the market growth. The global Application Development Market is expected to reach USD 9,336 Million at a CAGR of over 21% by the end of the forecast period. On May 10, 2017, Microsoft Corp. announced new tools and services for the developers to modernize existing apps for every platforms and build more intelligent apps. On Nov. 15, 2017, they introduced Azure Databricks, a data platform technologies and cross-platform developer tools, a new artificial intelligence, internet of things and machine learning tools for developers. This platform would support continuous innovation and deployment ...

Market Highlights: Big data software are mainly adopted by enterprises to manage large amount of data generated on regular basis. The software is designed mainly to handle large and complex data sets. The on-cloud accounts for the highest market share as it helps enterprises by low cost associated with the IT infrastructure. The cloud deployment enables enterprises to focus on core business competencies. It provides enterprises with data protection and security, efficiently manage storage and privacy issues, offers data integrity and provides information related to governance and make enterprise legally prepared. Managed service accounts for a considerable share in big data analytics market. The operative distinction that sets apart a managed service program is the proactive delivery of their service, as compared to reactive IT services, which have been around for decades. The key drivers contributing to the growth of the managed services are, rise in digital information, th...

Market Scenario: Smart ticketing is a system that electronically stores a travel ticket on a microchip which is then embedded on a smartcard. It is a paper free solution and an easier way to maintain a travel ticket. Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of smart ticketing market. Europe is expected to hold the largest market share and dominate the smart ticketing market. In Europe, the presence of advanced infrastructure and with the increasing adoption of technology and technological advancements in numerous countries is driving the market growth of smart ticketing market. Early adoption of smart ticketing technology in their public transportation and increased business needs are other major factors driving the growth of smart ticketing market. Another major factor driving the growth of smart ticketing market in the Europe region is the presence of key players like Oberthur Technologies (France), ASK (France...