The broad spectrum of use cases across industries is why blockchain and crypto-related firms raised almost $3.9 billion in venture capital in 2018 — that’s up by 280%. The rise comes in an increasing number of deals, as well as the median value of each deal.
The global market for server virtualization technologies has experienced relatively low growth as more CIOs and CTOs consider alternative approaches to support their developer’s need for agile IT infrastructure deployment. While some early adopters are experimenting with ‘serverless’ solutions, the mainstream market is utilizing software applications container solutions.
Worldwide spending on AR/VR solutions will be led by the commercial sectors, with growth from 64.5% in 2019 to more than 80% in 2022. Industries spending most on AR/VR in 2019 include personal and consumer services ($1.6 billion), retail ($1.56 billion), and discrete manufacturing ($1.54 billion).
The latest applications container market research from 451 Research indicates this market will continue to expand and be worth more than $2.1 billion in 2019 and more than $4.3 billion in 2022 – that’s a compound annual growth rate (CAGR) of 30%.
via 451 Research
Asia Pacific (excluding Japan) spending on robotics is forecast to reach $125.4 billion in 2022, tripling the total spending in 2017, with a compound annual growth rate (CAGR) of 25.7% from 2018 through 2022. APEJ is the largest market for robotics applications and will account for more than 62% of the world’s total robotics market in 2022.
CIOs and CTOs report that they continue to explore new internet technology apps. According to Berg Insight, the global market for the Internet of Things (IoT) device management and application enablement platforms reached $1.1 billion in 2017.
Conversational AI platforms are used to build applications that answer questions, provide advice and/or recommendations using natural language processing and other dialog related technologies. The market for intelligent conversational assistance is growing rapidly, according to IDC.