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Managed Network Services Market Set to Exceed US$95 Billion by 2030, Driven by Cloud Adoption, SD-WAN, and Security Convergence

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According to this new global market research report from TechMarket Experts, a unit of Industry Experts, Inc., the Managed Network Services (MNS) market is forecast to rise from US$64.8 billion in 2024 to US$95.0 billion by 2030, expanding at a CAGR of 6.6%. Enterprises are increasingly outsourcing network management as hybrid work, multi-cloud deployments, and security challenges demand more agile and resilient infrastructures. North America leads the global market, with enterprises embracing managed SD-WAN, SASE, and network automation at scale, while Asia-Pacific is poised for the fastest growth, registering an 8.6% CAGR through 2030, supported by large-scale 5G deployments and digitization initiatives across emerging markets. By service type, Managed LAN remains the largest segment, valued at US$14.0 billion in 2024, while Managed Network Security is the fastest-growing, advancing nearly 10% CAGR as companies prioritize SASE adoption, zero-trust frameworks, and uni...

Global Managed Mobility Services Market to Surpass US$64.5 Billion by 2030, Fueled by Mobile App Management, Cloud Adoption, and SME Demand

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According to a new research report from TechMarket Experts, a unit of Industry Experts, Inc., the global Managed Mobility Services (MMS) market is forecast to grow from US$21.6 billion in 2024 to over US$64.5 billion by 2030, expanding at a CAGR of 20%. The rapid adoption of mobile-first strategies, BYOD policies, and remote work has made centralized and secure mobility management a critical enterprise priority. MMS platforms are evolving into strategic enterprise tools that enable efficient device provisioning, app management, endpoint security, and lifecycle support. The shift toward SaaS-based cloud delivery models is accelerating, with cloud deployment projected to reach US$40.2 billion by 2030. Mobile Application Management (MAM) is emerging as the fastest-growing segment due to the need for fine-grained, app-level control. Large enterprises continue to dominate spending, but SMEs are driving faster adoption rates, enabled by scalable MMS subscriptions. The market ...

Global IoT Services Market to Surpass US$551.3 Billion by 2030 as SMEs and Healthcare Drive Digital Transformation

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According to this new report from TechMarket Experts, a unit of Industry Experts, Inc., the Global Internet of Things (IoT) Services Market is expected to surge from US$304.1 billion in 2024 to over US$551.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.4%. Key drivers include the accelerating digitization of industrial and consumer environments, the growing need for predictive analytics, and widespread IoT deployment across sectors like manufacturing, healthcare, utilities, and retail. Enterprises are embracing IoT as a core pillar of digital transformation, moving beyond device deployment into orchestrated systems that enable real-time decision-making, automation, and strategic insights. North America led the global market in 2024, accounting for 35.5% of overall revenue, but the spotlight is shifting to Asia-Pacific, the fastest-growing region, which is forecast to grow at 13.4% CAGR through 2030. In terms of services, Implementation remains t...

Global IoT Connectivity Market to Surpass US$60.8 Billion by 2030, Fueled by Smart Metering, LPWAN, and SME Expansion

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Fueled by demand for intelligent, SLA-driven connectivity solutions, the global IoT Connectivity Market is projected to grow from US$31.8 billion in 2024 to US$60.8 billion by 2030, registering a CAGR of 11.4%, according to a new report released by TechMarket Experts, a unit of Industry Experts, Inc. This shift reflects a broader trend in the IoT landscape, away from simple device-to-network communication, and toward outcome-oriented, platform-based services optimized for scale, security, and monetization. The report notes significant momentum in edge-enabled connectivity, 5G RedCap commercialization, LPWAN deployments, and LEO satellite integration, all of which are expanding the IoT addressable market across emerging and underserved geographies. Enterprises are increasingly adopting Connectivity-as-a-Service (CaaS) models that bundle SIM provisioning, security, analytics, and dynamic pricing into a seamless, orchestrated offering. Asia-Pacific dominates the market, capt...

Global SAN Hardware Market to Cross US$16.6 Billion by 2030, Powered by NVMe, Hyperscale Expansion, and AI-Driven Workloads

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According to this new global market research report from TechMarket Experts, a unit of Industry Experts, Inc., the Storage Area Network (SAN) Hardware Market is expected to grow from US$11.6 billion in 2024 to over US$16.6 billion by 2030, at a compound annual growth rate (CAGR) of 6.1%. Fueled by rising data intensity across industries, the market is undergoing a structural transformation marked by the shift to NVMe architectures, hyperscale-driven procurement models, and evolving compliance standards. The report underscores the growing role of SAN hardware in supporting latency-sensitive, high-throughput applications, from AI and big data analytics to digital payments and real-time healthcare systems. While North America remains the largest regional market, accounting for over one-third of global spending in 2024, Asia-Pacific is forecast to be the fastest-growing, led by surging investments in cloud-first infrastructure, especially in China, India, and Southeast Asia. ...

Global NAS Market to Surpass US$62.2 Billion by 2030 as AI, Hybrid Storage, and Data Growth Reshape Enterprise IT

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The global Network Attached Storage (NAS) market is undergoing a pivotal shift, fueled by exponential unstructured data growth , hybrid cloud strategies , and breakthroughs in flash and AI-enhanced architectures. As per this new global market research report by TechMarket Experts, a unit of Industry Experts, Inc., the NAS market will expand from US$33.2 billion in 2024 to US$62.2 billion by 2030, growing at a CAGR of 11%. Organizations across verticals are replacing traditional storage with NAS solutions that deliver better scalability, simplified management, and cross-platform integration. The report identifies hybrid deployments as the fastest-growing model, Asia-Pacific as the fastest-expanding region, and IT & Telecom as the top-revenue vertical. With growing emphasis on scale-out architectures , immutable data protection , and zero-trust security , NAS is becoming central to enterprise digital infrastructure . Featuring detailed analysis across 29 countries an...

IoT Hardware Market to Surpass US$426.2 Billion by 2030, Fueled by Edge Intelligence, AI Modules, and Industrial Automation

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  According to this new global market research report published by TechMarket Experts (a unit of Industry Experts, Inc.), the globalInternet of Things (IoT) Hardware Market is expected to expand from US$262 billion in 2024 to over US$426.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.4%. The growth is fueled by the accelerated deployment of edge-intelligent devices, AI-powered modules, and secure, application-specific hardware across manufacturing, utilities, transportation, and healthcare sectors. IoT hardware, comprising smart sensors, secure microcontrollers, edge servers, and embedded modules, plays a foundational role in enabling real-time data capture and analytics. As the demand for localized decision-making and latency-sensitive applications rises, industries are moving toward edge-native computing architectures. At the same time, SMEs are emerging as a key growth engine, adopting affordable, plug-and-play IoT devices for smart farming, remote as...

Edge Integration Services Market to Surge at 20.9% CAGR, Fueled by Industrial IoT and Hybrid Cloud Strategies

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Global Edge Integration Services Market - Service Types, Deployment Types, Company Types and Industry Sectors, " estimating that worldwide Edge Integration Services revenues will climb from US$2.1 billion in 2024 to exceed US$6.4 billion by 2030, registering a CAGR of 20.9% during the forecast period. Growth is being fueled by accelerating enterprise adoption of distributed computing models, enabled by widespread 5G deployment , industrial IoT expansion , and the rising need to bridge localized edge environments with centralized cloud ecosystems through end-to-end integration services. North America led the global Edge Integration Services market in 2024 with US$851.7 million, or 41.3% of total revenue, supported by mature hyperscaler ecosystems , aggressive 5G rollouts, and early industrial edge adoption in manufacturing, telecom, and energy sectors. Asia-Pacific is projected ...

Global Software-Defined Storage Market to Grow at 25.1% CAGR, Driven by Cloud-Native Strategies and AI Integration

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Software-Defined Storage (SDS) Platforms and Applications - A Global Market Overview ," estimating that worldwide SDS revenues will grow from US$28 billion in 2024 to exceed US$107.6 billion by 2030, registering a CAGR of 25.1% during the forecast period. This surge is fueled by enterprises replacing rigid, hardware-centric models with flexible, software-driven architectures that decouple storage management from physical infrastructure. As unstructured data volumes escalate from IoT , edge computing , AI workloads , and video analytics , organizations are adopting SDS to enable scalable provisioning, cloud-native orchestration, and cost-efficient storage management. North America led the global SDS market in 2024 with US$10.4 billion, representing 37.1% of total revenue, supported by mature IT ecosystems, early adoption of hyperconverged SDS , and strong demand from financial ser...

Global Telecom Expense Management Market to US$7.7 Billion by 2030 Propelled by AI-Driven Innovation and Cloud Adoption

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Telecom Expense Management - A Global Market Overview ," estimating that worldwide TEM revenues will grow from approximately US$4.1 billion in 2024 to surpass US$7.7 billion by 2030, registering a CAGR of 11.2% during the forecast period. Growth is being fueled by rising telecom environment complexity, hybrid workforce expansion, and the rapid adoption of cloud-based unified communications (UC) platforms. As enterprises contend with multi-carrier ecosystems, global roaming costs, and decentralized communications usage, TEM is evolving from a tactical cost-control tool into a strategic enabler of compliance, operational agility, and cost transparency. North America led the global TEM market in 2024 with US$1.4 billion, representing 34.2% of total revenue, driven by mature enterprise adoption, regulatory mandates such as SOX and PCI DSS, and strong demand for managed services. Asi...

Mobile Device Management Software Market to Exceed US$20 Billion by 2030 Amid Zero Trust and SaaS Deployment Surge

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Mobile Device Management (MDM) Software - A Global Market Overview ," estimating that worldwide MDM software revenues will climb from US$7.7 billion in 2024 to exceed US$20 billion by 2030, registering a CAGR of 17.6% during the forecast period. Growth is being fueled by the accelerating adoption of hybrid work models, rapid proliferation of mobile and endpoint devices, and intensifying compliance and security requirements, as organizations shift toward cloud-native, AI-integrated platforms that unify device provisioning, threat prevention, and real-time compliance automation. North America led the global MDM software market in 2024 with US$2.9 billion, or about 37% of total revenue, supported by mature IT infrastructure, early cloud adoption, and regulatory mandates across sectors such as BFSI, healthcare, and government. Asia-Pacific is forecast to be the fastest-growing region...

IoT Software Market to Surpass US$466 Billion by 2030, Driven by Edge Intelligence and Platform-Centric Growth

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Internet of Things (IoT) Software - A Global Market Overview ," estimating that worldwide IoT software revenues will grow from over US$208 billion in 2024 to exceed US$466 billion by 2030, registering a CAGR of 14.3% during the forecast period. Growth is being driven by the accelerating convergence of connected devices, cloud-native platforms, and real-time data intelligence, as enterprises and governments expand IoT initiatives from device connectivity toward scalable platforms enabling lifecycle management, AI-driven analytics, and secure edge-cloud orchestration. North America led the global IoT Software market in 2024 with 34% share of total revenue, supported by strong enterprise digital transformation, early adoption of cloud-native IoT, and deep penetration in healthcare, energy, and smart infrastructure. Asia-Pacific is forecast to be the fastest-growing region, posting...

Global MSS Market Enters High-Growth Phase as Demand Soars for Cloud-Native SOC and MDR Services

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Managed Security Services (MSS) - A Global Market Overview ," estimating that worldwide MSS revenues will climb from US$33 billion in 2024 to more than US$62 billion by 2030, registering a CAGR of 11.1% during the forecast period. Growth is being fueled by intensifying cyber threats, complex compliance requirements, and a persistent shortage of skilled cybersecurity professionals, with organizations increasingly outsourcing SOC capabilities to strengthen resilience and ensure regulatory adherence. North America accounted for the largest market share in 2024 with US$24.2 billion, driven by mature cybersecurity adoption in BFSI, healthcare, and government sectors, alongside demand for co-managed SOCs and compliance with HIPAA, CCPA, and NIST frameworks. Asia-Pacific is projected to be the fastest-growing region, registering an 8.6% CAGR between 2024 and 2030, supported by acceler...

Global Managed Cloud Services Market to Surpass US$164 Billion by 2030, Driven by Hybrid Cloud, AI Automation, and Regulatory Demands

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TechMarket Experts, a unit of Industry Experts, Inc., has released its latest study, Managed Cloud Services (MCS) - A Global Market Overview , revealing that global revenues are projected to rise from US$73.9 billion in 2024 to US$164.5 billion by 2030, expanding at a CAGR of 14.3% during the period. Growth is being driven by escalating IT complexity, the global shortage of skilled cloud professionals, and rising adoption of AI/ML and edge computing. Organizations are increasingly outsourcing cloud management not only for cost efficiency but also to accelerate innovation, ensure regulatory compliance, and enable resilient hybrid and multi-cloud operations. According to this new report, North America remains the largest regional market, accounting for 44.8% of global revenues in 2024 and projected to reach US$69 billion by 2030, supported by mature cloud infrastructure, high enterprise cloud penetration, and the presence of key hyperscalers such as AWS, Microsoft Azure, a...

Cloud-First and AI-Driven Security to Drive Endpoint Security Platforms Market Beyond US$23.9 Billion by 2030

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TechMarket Experts, a unit of Industry Experts, Inc., has unveiled its latest report, Endpoint Security Platforms - A Global Market Overview , revealing that global revenues are set to climb from US$15.8 billion in 2024 to US$23.9 billion by 2030, registering a CAGR of 7.2% during 2024-2030. Growth is fueled by escalating ransomware threats , supply chain vulnerabilities, and compliance mandates in an era of hybrid workforces and expanding digital footprints. Endpoint security has evolved beyond antivirus into unified, AI-driven platforms integrating prevention, detection, and automated response across all devices, making it a cornerstone of enterprise cyber defense and risk management frameworks. According to this new report, growth is fueled by cloud-native architectures, AI-powered threat detection, and extended detection and response (XDR) unifying endpoint, network, cloud, and identity data. Integration with identity access control, patch management, and device post...

Global AIaaS Market to Grow at 34.2% CAGR Through 2034, Driven by Vertical AI Stacks and Cloud-Delivered Intelligence

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Industry Experts, Inc. today publishes "Global Artificial Intelligence as a Service (AIaaS) Market - Technologies, Models, Applications and Industry Sectors," forecasting the market to expand from US$15.5 billion in 2024 to US$294 billion by 2034 at a CAGR of 34.2%. As per this new global market research report, this surge is driven by the convergence of cloud-native infrastructure with advanced machine learning, the embedding of generative AI across marketing, design and development workflows, and the democratisation of APIs and low-code/no-code platforms that lower adoption barriers for organisations of all sizes. North America remains the largest regional market with a 44.2% share in 2024, underpinned by hyperscaler leadership from AWS, Azure and Google Cloud and early enterprise AI investments. Europe follows, supported by regulatory clarity under the EU AI Act, while Asia-Pacific is the fastest-growing region at a 43.1% CAGR through 2034, driven by governm...

Global Generative AI Market to Surpass US$445 Billion by 2034, Fueled by Multimodal Adoption and Open-Weight Innovation

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Industry Experts, Inc. today unveils " Global Generative AI Market - Technologies, Models, Applications and Industry Sectors," forecasting the market to soar from US$18.5 billion in 2024 to US$445 billion by 2034 at a CAGR of 37.4%. As per this new global market research report, this explosive growth is driven by enterprise embedding of generative models into finance, healthcare, media and retail workflows, the maturation of foundation models and democratization of APIs, and the rise of open-weight LLaMA- and Mixtral-based solutions that accelerate private-data innovation. North America leads with a 40.2% share in 2024, powered by hyperscaler investment from Microsoft, Amazon and Google and a vibrant AI startup ecosystem. Europe follows with US$4.7 billion in revenues underpinned by regulatory clarity under the EU AI Act. Asia-Pacific is the fastest-growing region at a 46.6% CAGR through 2034, driven by China's LLM initiatives, India's startup momentum ...

AI Applications Market to Soar Past US$75 Billion by 2034, Driven by Agentic Apps and Enterprise AI Integration

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Industry Experts, Inc. today introduces " Global Artificial Intelligence (AI) Applications Market - Technologies and Industry Sectors ," forecasting the market to climb from US$3.3 billion in 2024 to US$75 billion by 2034 at a CAGR of 36.9%. As per this new global market research report, AI apps have transitioned from add-on features to core software components driving decision support, workflow automation and personalization across finance, HR, operations and customer experience, alongside the rise of agentic AI and composable architectures powered by large language models and cloud-native platforms. North America remains the largest regional market with US$1.1 billion in revenues in 2024, or 34% of the total, driven by advanced cloud infrastructure and enterprise readiness for LLM-based solutions. Europe follows on strong uptake of AI in finance and telecommunications. Asia-Pacific is the fastest-growing region at a 46.6% CAGR through 2034, thanks to digital ...

Function-as-a-Service (FaaS) Market to Surpass US$68.4 Billion by 2030, Driven by Cloud-Native and Edge Computing Surge

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Industry Experts, Inc. today introduces " Global Function-as-a-Service (FaaS) Market - Deployment Types, User Types, Company Types and Industry Sectors," forecasting the market to surge from US$16.2 billion in 2024 to US$68.4 billion by 2030 at a CAGR of 27.1%. The report highlights the shift to cloud-native, event-driven architectures, powered by microservices, Kubernetes orchestration and DevOps, alongside the rise of edge computing for ultra-low latency in AR/VR, autonomous vehicles and real-time analytics. North America leads with 36.4% of revenues in 2024, fueled by early adoption of AWS Lambda, Azure Functions and Google Cloud Functions and mature DevOps cultures. Europe follows on strong enterprise cloud-native uptake in finance and telecom. Asia-Pacific is the fastest-growing region at a 33.9% CAGR through 2030, driven by digital transformation across China, India and Southeast Asia. South America grows at 29.6% and Rest of World at 28.0% as cloud-nativ...

Global SaaS Market Set for 18.3% CAGR Through 2030, Driven by Cloud Shift and Industry-Specific Innovation

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TechMarket Experts, a unit of Industry Experts, Inc., has released a new research publication, Software-as-a-Service (SaaS) - A Global Market Overview , forecasting that the worldwide SaaS market will surge from US$282 billion in 2024 to US$774 billion by 2030, registering a CAGR of 18.3% during the analysis period. As enterprises shift from monolithic software systems to cloud-native, scalable solutions, SaaS adoption is accelerating across business functions and verticals. According to this new report, demand is particularly strong among mid-sized companies and regulated sectors such as healthcare and financial services. The market is witnessing robust momentum across all regions. North America remains the largest regional market, supported by digital-first enterprise strategies, while Asia Pacific is the fastest-growing, driven by expanding internet infrastructure and aggressive cloud investments. SaaS platforms are becoming essential as organizations seek lower total...

PaaS Market to Grow at 18.8% CAGR Through 2030 Amid Rising Demand for Scalable Cloud-Based Application Development

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TechMarket Experts , a unit of Industry Experts, Inc., has introduced a new global market research publication titled " Platform-as-a-Service (PaaS) - A Global Market Overview ." According to this report, the worldwide PaaS market is projected to increase from US$93.9 billion in 2024 to US$264.2 billion by 2030, registering a robust CAGR of 18.8% over the forecast period. As per this new global market research report, PaaS adoption is accelerating as enterprises seek agile, scalable cloud platforms to streamline application development and integration. North America leads with a 32.4% market share in 2024, driven by strong cloud infrastructure and the presence of key vendors like AWS, Microsoft, and Google. Meanwhile, Asia-Pacific is poised to grow at the fastest pace through 2030, fueled by digital transformation in China, India, and Southeast Asia, expanding SME demand, and favorable government policies promoting cloud-first initiatives. Among service types, ...

Infrastructure-as-a-Service (IaaS) Market to Surpass US$354 Billion by 2030, Driven by Hybrid Cloud and Digital Transformation

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TechMarket Experts , a unit of Industry Experts, Inc., has published its latest global technology market research report, " Infrastructure-as-a-Service (IaaS) - A Global Market Overview ," projecting that the global IaaS market will surge from US$98 billion in 2024 to US$354.2 billion by 2030, expanding at a CAGR of 23.9% over the analysis period. According to this new report, the rising adoption of digital infrastructure across industries, coupled with the scalability and flexibility offered by pay-per-use cloud models, continues to accelerate IaaS growth worldwide. IaaS is gaining ground across businesses of all sizes as organizations shift from legacy systems to agile, cloud-native architectures. Demand is being driven by hybrid work environments, the proliferation of data-heavy applications like AI and big data analytics, and increased focus on business continuity through scalable infrastructure. Leading sectors such as healthcare, finance, education, and go...

Cloud Management Platform Market to Grow at 17.3% CAGR Through 2030, Fueled by AI-Driven Automation and SME Expansion

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TechMarket Experts , a unit of Industry Experts, Inc., has published its latest market research report, " Cloud Management Platform - A Global Market Overview ," projecting that the global market will expand from an estimated US$21 billion in 2024 to US$54.8 billion by 2030, advancing at a compound annual growth rate (CAGR) of 17.3%. According to this report, rising cloud complexity, widespread multi-cloud and hybrid adoption, and growing SME demand for scalable cloud solutions are fueling strong growth across sectors and geographies. Cloud management platforms (CMPs) are emerging as indispensable tools for enterprises navigating distributed cloud environments. With nearly 90% of organizations embracing multi-cloud strategies, the need to unify operations across AWS, Azure, GCP, and on-premise systems is driving robust demand for centralized management, automation, and cost optimization. Cloud-native innovations such as AIOps, predictive analytics, and zero-trus...

Global AI Platforms Market to Surpass US$56.3 Billion by 2030, Fueled by Cloud AI Adoption and Enterprise Digitization

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TechMarket Experts , a unit of Industry Experts, Inc., has published its latest global technology market research report, " Global Artificial Intelligence (AI) Platform Market - Technologies, Deployment Types, Company Types and Industry Sectors," which reveals that the global market is projected to grow from US$11.3 billion in 2024 to US$56.3 billion by 2030, registering a CAGR of 30.8% during the forecast period. According to this report, the growth is driven by enterprise-wide AI adoption to accelerate decision-making, optimize workflows, and deliver intelligent digital experiences while reducing operational complexity and cost. AI platforms are evolving into unified environments that combine machine learning, NLP, deep learning, and data management. Enterprises are turning to these platforms to unlock value from growing volumes of structured and unstructured data. Hyperscale cloud providers like Microsoft, Amazon, and Google are driving adoption through v...

Fat Replacers Market to Reach US$4.2 Billion by 2030 Amid Rising Demand for Healthier, Low-Fat Foods

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Industry Experts, Inc. unveiled the latest edition of its comprehensive market study, titled " Global Fat Replacers Market - Types, Sources, Forms and Applications." According to this report, the global market for fat replacers is projected to expand from US$2.9 billion in 2024 to US$4.2 billion by 2030, growing at a CAGR of 6.2% during the analysis period. Rising health concerns related to obesity, heart disease, and diabetes are reshaping food industry priorities, spurring demand for reduced-fat, lower-calorie formulations without compromising on taste and texture. Fat replacers are playing a pivotal role in this shift, gaining traction among manufacturers and consumers alike. Plant-derived and clean-label alternatives are particularly in demand, supported by transparent labeling preferences and regulatory initiatives aimed at reducing dietary fat intake. Asia-Pacific leads the global fat replacers market, accounting for an estimated 41% share in 2024 and po...