The serverless apps market currently represents nearly 5% market share in the overall mobile application market. Serverless apps offer advantages such as it is a service offering, offered by a cloud provider, that controls, and maintains back-end services for mobile and web-based applications.

Because of serverless apps consumers do not require to think about controlling the underlying architecture, physical and virtual hosts, containers, and virtual machines together with the operating systems related to the serverless application development. Thus, all the advantages offered by serverless apps are driving market growth.

With the increasing adoption of serverless architecture, organizations can efficiently reduce expensive time-consuming, and conventional approaches like buying new hardware components, configuring, installing, and troubleshooting, thus shifting the responsibility of controlling servers, application logic, and databases, which lowers maintenance and set up prices.

As per the Global Customer Engagement Solutions Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Customer Engagement Solutions Market increased at around 10.9% CAGR. With an absolute dollar opportunity of US$ 35.5 Billion, the market is projected to reach a valuation of US$ 55 Billion by 2032.

Due to the widespread use of the internet, it is projected that the market for customer engagement solutions would grow fast in the forthcoming years. Customer engagement solutions use the internet to reply to consumer inquiries digitally using media such as email, social media, live chat, and messaging programs.

As per the Global Automatic Content Recognition Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Automatic Content Recognition Market increased at around 16.6% CAGR. Global demand for automatic content identification solutions has increased as a result of the advent of automatic content recognition technologies in smart TVs and smartphones.

The increasing use of automatic content identification by media companies for audience assessment and broadcast monitoring is also expected to fuel the growth of the global market for autonomous content recognition. Due to the rise of smart devices such as smartphones, televisions, and wearables, there is a growing demand for content identification, recognition, and augmentation among enterprises and end users.

The imagery analytics market is estimated to be valued at US$ 9,877.0 million in 2022, increasing at a CAGR of 21.5% to be valued at US$ 68,998.0 million by 2032. Between 2016 and 2021, the image recognition market grew at a 19.2% CAGR. The emergence of Imagery Analytics technology, as well as increased rivalry, are essential drivers supporting the expansion of this market.

Numerous companies that provide imagery analytics solutions employ computer learning skills, big data cloud hosting services, and mergers and partnerships to combine imaging cloud data with analytical data for advanced analytics. Various imaging analytics systems employ data mining and machine learning in their image analysis applications.

Increasing demand for MEMS Pressure Sensors from the automotive industry to enhance reliability, reduce cost and improve performance is the key factor driving the growth of MEMS global pressure sensor market during the forecast period. Furthermore, continuous focus on factory automation, rapid development in industrial IoT solutions and improved sensing approach for monitoring & control applications are the factors accelerating the demand for MEMS pressure sensors in the industrial manufacturing sector.

Also, the increasing demand for disposable pressure sensors and continuous innovation in MEMS-enabled medical applications are expected to positively impact the growth of the global MEMS pressure sensor market in medical space.