Global HCS Software and Services Market to Reach $1.8 Billion by 2030
The global market for HCS Software and Services estimated at US$1.2 Billion in the year 2023, is expected to reach US$1.8 Billion by 2030, growing at a CAGR of 5.7% over the period 2023-2030. HCS Services, one of the segments analyzed in the report, is expected to record 6% CAGR and reach US$1.3 Billion by the end of the analysis period. Growth in the HCS Software segment is estimated at 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $357.1 Million, While China is Forecast to Grow at 5% CAGR
The HCS Software and Services market in the U.S. is estimated at US$357.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$299.8 Million by the year 2030 trailing a CAGR of 5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 4.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
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