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tbrcresearchreport · 2 years ago
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The global security service for BFSI sector market size is expected to grow from $ 48.69 billion in 2021 to $ 55.83 billion in 2022 at a compound annual growth rate (CAGR) of 14.7%.
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industryforecastnews · 7 hours ago
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MENA Artificial Intelligence Market Size To Reach USD 166.33 Billion By 2030
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MENA Artificial Intelligence Market Growth & Trends
The MENA artificial intelligence market size is expected to reach USD 166.33 billion by 2030, projected to grow at a CAGR of 44.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Various cities in the MEA region are actively embracing AI to build smart and sustainable urban environments. AI finds application in traffic management, energy optimization, and public safety, fostering more efficient and secure cities. For instance, Dubai has deployed AI-powered smart traffic control systems that utilize real-time data from traffic cameras and sensors to analyze traffic patterns and optimize signal timings, effectively reducing congestion and enhancing overall transportation efficiency.
The MEA region's governments promote AI through various initiatives, policies, and funding programs. National AI strategies aim to support AI research, development, and adoption to drive economic growth and innovation. For instance, the UAE launched the AI Strategy 2031 to become a global AI leader by investing in research, talent, and integration across education, healthcare, transportation, and public services. Moreover, Middle East and Africa (MEA) emphasizes advancing the use of Arabic language processing in AI technologies owing to the region’s diverse linguistic aspects. This emphasis includes improving Natural Language Processing (NLP) and speech recognition capabilities, enabling more accurate interpretation and generation of Arabic text and speech.
Governments in Saudi Arabia are actively promoting Artificial Intelligence (AI) through a range of initiatives, policies, and financial support programs. For instance, the Saudi Data and AI Authority (SDAIA) is a government agency to help Saudi Arabia create an AI ecosystem of government and private sector entities. SDAIA deploys innovative AI solutions, which comprise strategies for combining data and AI into key domains. Various business processes can be automated and streamlined with AI, increasing productivity and efficiency. For instance, in September 2022, The Saudi Company for Artificial Intelligence (SCAI), owned by the Public Investment Fund in Saudi Arabia, sought to develop artificial intelligence applications, collaborated with the Saudi Technology and Security Comprehensive Control Company, a company in the fields of security, safety, and technology to develop the super-computing capabilities and AI infrastructure which is crucial to power the next generation of AI applications.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/middle-east-north-africa-mena-artificial-intelligence-market-report
MENA Artificial Intelligence Market Report Highlights
The software segment dominated the market with a revenue share of 35.9% in 2023. Prominent M&A by major players are propelling the market growth. For instance, in July 2022, IBM Corporation announced the acquisition of Databand.ai, Ltd., a provider of data observability software
The services segment is anticipated to register a significant CAGR over the forecast period. Enterprises are investing extensively in AI services these days to unlock the power of their businesses. They are implementing services to execute activities ranging from forecasting, planning, and predictive maintenance to customer service chatbots and other applications
Deep learning technology empowers machines to improve their performance by learning from experience and data. Particularly effective with unstructured data like images, videos, and language, it finds extensive applications
BFSI held the largest revenue share in 2023. AI is streamlining the credit scoring and underwriting processes. Machine learning models analyze vast datasets to assess borrowers’ creditworthiness more accurately. This trend allows financial institutions to make better lending decisions, reducing the risk of default and improving the overall efficiency of loan origination
MENA Artificial Intelligence Market Segmentation
Grand View Research has segmented the MENA Artificial Intelligence market based on solution, technology, region, and end-use:
MENA Artificial Intelligence Solution Outlook (Revenue, USD Million, 2017 - 2030)
Software
Hardware
Services
MENA Artificial Intelligence Technology Outlook (Revenue, USD Million, 2017 - 2030)
Deep Learning
Machine Learning
Natural Language Processing (NLP)
Machine Vision
MENA Artificial Intelligence End-use Outlook (Revenue, USD Million; 2017 - 2030)
Media & Entertainment
BFSI
IT & Telecommunication
Healthcare
Automotive & Transportation
Oil & Gas
Others
MENA Artificial Intelligence Regional Outlook (Revenue, USD Million, 2017 - 2030)
KSA
UAE
Kuwait
Qatar
List of Key Players in the MENA Artificial Intelligence Market
Advanced Micro Devices
Omdena Inc.,
Devision X,
Baidu, Inc.
Google LLC
IBM
Intel Corporation
Intelmatix
Digital Energy
Gleac
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/middle-east-north-africa-mena-artificial-intelligence-market-report  
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maryyclark · 12 hours ago
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Mass Notification Market to Hit USD 88.17 Billion by 2033: Key Growth Drivers
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Mass Notification System Market Report: Key Insights & Trends (2025–2033)
The Mass Notification System Market encompasses technology solutions designed to disseminate crucial information to a large audience rapidly and efficiently through various communication channels, such as text messages, email alerts, voice calls, and social media notifications. These systems are vital for organizations across sectors, including healthcare, government, education, and transportation, to ensure timely communication during emergencies, business operations, and public announcements.
The global mass notification system market size was valued at USD 15.39 billion in 2024 and is projected to reach from USD 18.69 billion in 2025 to USD 88.17 billion by 2033, growing at a CAGR of 21.4% during the forecast period (2025–2033).
Access for request sample @ https://straitsresearch.com/report/mass-notification-system-market/request-sample
Latest Market Trends and Insights
Surging Demand for Emergency Communication Systems: With the increasing frequency of natural disasters and security threats, organizations are investing heavily in mass notification solutions to ensure the safety of personnel and assets.
Integration of AI and Machine Learning: Advanced mass notification systems are incorporating AI and machine learning capabilities to provide real-time analytics and predictive alerts, enhancing the efficiency of communication strategies.
Cloud-Based Solutions on the Rise: The shift towards cloud-based mass notification systems is gaining traction due to their scalability, cost-efficiency, and ease of deployment.
Statistical Insights: The market was valued at USD 3.50 billion in 2024 and is projected to reach USD 6.80 billion by 2033, growing at a CAGR of 9.2% during the forecast period (2025–2033).
Adoption Across Verticals: The healthcare sector is emerging as a major adopter, driven by the need for real-time communication during critical events.
Penetration Rate: Mass notification systems registered soaring growth in 2022 with worldwide revenue up 16.1% year-over-year
Integration with IoT and AI: The integration of Internet of Things (IoT) devices and artificial intelligence (AI) is revolutionizing mass notification systems, enabling real-time data analysis and automated alerts.
Increased Focus on Interoperability: Governments and organizations are prioritizing interoperable systems that can seamlessly integrate with existing infrastructure, ensuring efficient communication during emergencies.
Growing Demand for Mobile-Based Alerts: With the proliferation of smartphones, mobile-based mass notification systems are becoming increasingly popular, accounting for 35% of the market share in 2023.
Regulatory Compliance: Stringent government regulations mandating the implementation of mass notification systems in public spaces and workplaces are driving market growth.
Key Market Opportunities
Emerging Economies: The expansion of digital infrastructure in emerging markets presents significant growth potential for mass notification system providers.
Data Security and Compliance: As regulatory frameworks surrounding data privacy become more stringent, there is a rising demand for notification systems that prioritize data protection.
Industry-Specific Applications: Customized solutions for sectors like education, retail, and manufacturing are creating niche growth avenues.
Key Players in the Mass Notification System Market
Everbridge, Inc.
Honeywell International Inc.
OnSolve LLC
Siemens AG
Singlewire Software, LLC
Desktop Alert, Inc.
Blackboard Inc.
Motorola Solutions, Inc.
xMatters, Inc.
Alertus Technologies LLC
Market Segmentations
By Component:
Software
Hardware
Services
By Deployment Mode:
On-Premise
Cloud-Based
By Application:
Emergency Response
Business Communications
Public Safety Notifications
IT Alerts
By Industry Vertical:
Healthcare
Government
BFSI (Banking, Financial Services, and Insurance)
Education
Retail
Transportation and Logistics
Others
Market Segmentation with Insights-Driven Strategy Guide @ https://straitsresearch.com/report/mass-notification-system-market/segmentation
Regional Analysis
North America: The region holds the largest share in the global mass notification system market, driven by advanced technological infrastructure and the presence of major industry players. The rising demand for public safety solutions and emergency communication systems contributes to the region's dominance.
Europe: Europe is expected to grow at a notable CAGR of 8.5% during the forecast period, fueled by government initiatives focused on public safety and security. Countries like Germany, France, and the UK are leading the adoption of advanced notification systems.
Asia-Pacific: The Asia-Pacific region is projected to witness the fastest growth, with a CAGR of 11.4% over the forecast period. The proliferation of smartphones, the expansion of 4G/5G networks, and increased investments in smart city projects are driving demand in countries like China, India, and Japan.
Middle East and Africa: The adoption of mass notification systems in the region is growing steadily, particularly in sectors like oil and gas, government, and education.
Latin America: The market in Latin America is gaining momentum, driven by increasing awareness of emergency communication systems and advancements in digital infrastructure.
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About Straits Research
Straits Research is a top provider of business intelligence, specializing in research, analytics, and advisory services. Our mission is to deliver in-depth insights through comprehensive reports, empowering businesses to make informed decisions and achieve sustainable growth.
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researchyblog · 7 days ago
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Conversational AI Market Size, Trends, and Growth Forecast to 2025
Conversational AI Market: Growth, Trends, and Future Outlook (2025-2032)
The Conversational AI market is undergoing rapid growth, fueled by the increasing adoption of artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) across various industries. As businesses strive to enhance customer experiences, streamline operations, and improve engagement, conversational AI solutions—including chatbots, virtual assistants, and voice-enabled interfaces—are becoming indispensable.
With a projected compound annual growth rate (CAGR) of 33.4%, the market is expected to reach USD 62.19 billion by 2032. Key industries such as Retail & E-commerce, Healthcare, BFSI (Banking, Financial Services, and Insurance), Telecom, and Automotive are actively integrating conversational AI to enhance customer interactions and optimize business processes.
This evolving market is characterized by key trends, including multimodal AI interactions, personalized AI-driven customer services, sentiment analysis, and AI-powered automation. While challenges such as data privacy concerns and language comprehension limitations persist, innovations in deep learning, real-time analytics, and AI-driven automation are unlocking new opportunities for growth.
Get free sample copy @ https://www.statsandresearch.com/request-sample/40574--global-conversational-ai-market-
Market Dynamics
Key Growth Drivers
Advancements in NLP and Machine Learning
Conversational AI systems are becoming more intelligent, context-aware, and emotionally responsive due to improvements in NLP and ML.
AI-driven chatbots and virtual assistants now understand nuanced conversations, user sentiment, and intent, making them more effective.
Rising Demand for Automation
Businesses are increasingly leveraging AI-powered automation for customer support, lead generation, personalized recommendations, and task execution.
Automation reduces operational costs, improves efficiency, and enhances user satisfaction.
Growing Adoption in Retail & E-commerce
Retailers are integrating AI-driven chatbots to personalize shopping experiences, recommend products, and handle customer queries in real time.
AI-powered virtual shopping assistants are enhancing online customer engagement.
Expansion in Healthcare & BFSI Sectors
In healthcare, AI chatbots assist patients in scheduling appointments, accessing medical advice, and managing health conditions.
The BFSI sector uses conversational AI to automate banking transactions, provide financial advice, and enhance fraud detection.
Rise of Voice Assistants & Smart Speakers
Virtual assistants like Amazon Alexa, Google Assistant, and Apple Siri are driving voice-based conversational AI adoption.
The integration of voice search and voice commerce is transforming consumer interactions.
Challenges Hindering Market Growth
Data Security & Privacy Concerns
Conversational AI systems process large volumes of sensitive user data, raising concerns about cybersecurity, data breaches, and compliance with privacy regulations (e.g., GDPR, CCPA).
Limitations in Language Understanding
Despite advances in NLP, AI still struggles with understanding complex human languages, slang, and multilingual conversations.
Contextual inaccuracies and biases in AI-generated responses remain a challenge.
High Implementation Costs
Developing and integrating conversational AI solutions requires substantial investment in AI infrastructure, cloud computing, and data management.
Opportunities in Conversational AI
Expansion into Financial Services & Business Operations
Conversational AI is being leveraged in finance, HR, supply chain management, and IT service management to optimize operations and enhance decision-making.
Growth of Multimodal AI & Sentiment Analysis
AI systems are evolving to interpret text, voice, images, and video, enabling a more seamless multimodal customer experience.
Sentiment analysis helps businesses understand user emotions and tailor responses accordingly.
AI in Education & Virtual Learning
AI-driven tutors and chatbots are enhancing personalized learning experiences, automating administrative tasks, and providing real-time academic support.
Integration with the Metaverse & Digital Avatars
Conversational AI is being integrated into virtual worlds, augmented reality (AR), and digital assistants, shaping future digital interactions.
Emerging Market Trends
Personalized AI-Powered Customer Engagement
Businesses are using AI-driven chatbots to analyze user behavior, predict preferences, and offer customized recommendations.
Voice-Based AI Adoption
The increasing use of voice search, voice shopping, and AI-powered virtual assistants is accelerating demand for conversational AI in retail, smart homes, and enterprise applications.
Integration with Generative AI & Large Language Models (LLMs)
Conversational AI solutions are leveraging GPT-based models and generative AI to create more natural, human-like interactions.
Conversational AI for Healthcare & Telemedicine
AI-powered virtual health assistants help patients book appointments, access medical information, and manage chronic conditions remotely.
Get full report @ https://www.statsandresearch.com/report/40574--global-conversational-ai-market-/
Market Segmentation Analysis
By Technology:
Natural Language Processing (NLP) (39.8% market share) – Dominates the segment, expected to grow at a CAGR of 24%.
Machine Learning & Deep Learning
Automated Speech Recognition (ASR)
Text-to-Speech (TTS) & Speech-to-Text (STT)
By Component:
Solutions (55% market share) – Businesses invest heavily in AI solutions for customer engagement, automation, and analytics.
Services
By Deployment Mode:
Cloud-Based
On-Premise
Hybrid
By Application:
Chatbots & Virtual Assistants
Smart Speakers & Voice Assistants
Customer Support & Engagement (Largest segment)
Sentiment Analysis & Personalization
By Channel:
Text-Based Channels (Dominant segment) – Includes chatbots, text-based virtual assistants.
Voice-Based Channels – Growing rapidly due to voice search and smart speaker adoption.
Multimodal AI
By Business Function:
Sales & Marketing (Dominant segment) – AI-driven chatbots used for customer engagement, lead generation, and personalized marketing.
Operations & Supply Chain
Finance & Accounting
Human Resources
IT Service Management
By Industry Vertical:
BFSI (35% market share, dominant segment) – AI automates banking inquiries, fraud detection, and customer support.
Retail & E-commerce
Healthcare
Telecom
Automotive
Others
By Region:
North America – Leads due to early adoption of AI and strong investment in AI-driven solutions.
Europe
Asia-Pacific (Fastest-growing region) – Driven by rising digital transformation and AI investments.
South America
Middle East & Africa
Competitive Landscape
Key players in the Conversational AI market are actively expanding their capabilities through strategic partnerships, acquisitions, and AI-driven product innovations.
Major Market Players:
Microsoft
IBM
Google
Amazon
Rasa
LivePerson
ai
ai
DeepSeek
Mistral AI
Intercom
Recent Industry Developments:
Microsoft Teams Premium Upgrade (February 2023)
Integrated OpenAI’s GPT-3.5 for smarter, more secure meetings.
IBM-SAP Partnership (January 2024)
AI-powered solutions for retail and supply chain management.
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the-latest-research · 12 days ago
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Speech and Voice Recognition Market to be Worth $56.07 Billion by 2030
Meticulous Research®—leading global market research company, published a research report titled, ‘Speech and Voice Recognition Market by Function (Speech, Voice Recognition), Technology (AI and Non-AI), Deployment Mode (Cloud, On-premise), End User (Consumer Electronics, Automotive, BFSI, Other End Users), and Geography - Global Forecast to 2030.’
Speech Recognition Market Booming with AI and Growing Applications
The speech recognition market is poised for significant growth, reaching an estimated $56.07 billion by 2030 at a CAGR of 19.1%, acoording to Meticulous Research®. This surge is fueled by several key trends:
Voice Biometrics on the Rise: Security systems and financial applications are increasingly adopting voice biometrics for user authentication, offering a convenient and secure solution.
Voice Assistants Take Center Stage: Virtual assistants powered by AI are transforming how we interact with technology in homes, cars, and workplaces.
Smart Devices Drive Demand: The proliferation of voice-enabled smart speakers, wearables, and appliances is creating a strong demand for accurate speech recognition technology.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5038
Challenges and Opportunities in Speech Recognition
Despite its growth potential, the market faces some hurdles:
Accent and Dialect Hurdles: Current systems may struggle with regional variations in speech patterns, requiring ongoing development for wider adoption.
Background Noise Interference: Speech recognition accuracy can be hampered by ambient noise, demanding improvements in noise cancellation techniques.
However, exciting opportunities lie ahead:
AI Integration Enhances Functionality: The integration of Artificial Intelligence and Machine Learning is continuously improving speech recognition accuracy and functionality.
Multilingual Communication: Speech recognition is poised to play a vital role in bridging language barriers by facilitating translation of rare and local languages.
Voice Authentication Gains Traction: The growing demand for secure mobile banking and other applications is driving the adoption of voice authentication technologies.
Market Segmentation Highlights
The report also explores various segments within the speech recognition market:
Function: Speech recognition (converting speech to text) holds the dominant market share due to the widespread use of AI and smart devices.
Technology: AI-powered speech recognition is leading the way due to its effectiveness in powering virtual assistants and other intelligent applications.
Deployment Mode: Cloud-based deployments are gaining traction due to their scalability, affordability, and ease of use, particularly for small and medium businesses.
End User: The IT and telecommunications sector currently holds the largest share, but the consumer electronics segment is expected to witness the fastest growth due to the rising popularity of voice-enabled devices.
Geography: North America dominates the market due to the presence of major technology players and a strong focus on improving customer service experiences.
By understanding these trends and segmentation, businesses can capitalize on the immense potential of the speech recognition market.
Key Players:
Some of the key players operating in the speech and voice recognition market are Microsoft Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Google LLC (U.S.), IBM Corporation (U.S.), Verint Systems Inc. (U.S.), Baidu, Inc. (China), Apple Inc. (U.S.), Speechmatics (U.K.), Sensory, Inc. (U.S.), AssemblyAI, Inc. (U.S.), iFLYTEK Co., Ltd. (China), LumenVox (U.S.), SESTEK (Turkey), and Dolbey Systems, Inc. (U.S.).Contact Us: Meticulous Research® Email- [email protected] Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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global-research-report · 15 days ago
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Containerization Revolution: Growth and Insights Into the Global Market
The global application container market size is expected to reach USD 31.50 billion by 2030, according to a new report by Grand View Research, Inc., registering a 32.4% CAGR during the forecast period. Application containerization is used to deploy and run applications without launching separate Virtual Machines (VMs).
VMs and containers have similar resource allocation and isolation advantages; however, containers help virtualize the Operating System (OS) in place of hardware. These solutions are more portable and efficient as compared to VMs owing to the requirement of fewer operating systems and minimum space.
The application container market has also been gaining prominence as a result of increasing adoption of containerization technology, particularly in retail, healthcare, banking and finance, and telecommunication sectors. The banking, financial services, and insurance (BFSI) sector is one of the early adopters of this technology, which offers benefits such as administration ease and cost-effectiveness.
The Docker datacenter is implemented in the banking sector as it provides benefits such as platform portability, higher security and smooth workflow of data, and efficient usage of infrastructure. The BFSI sector has adopted the Docker platform due to the challenging environment of digital disruption, wherein the use of application containers enables improvements in software delivery capabilities.
Application Container Market Report Highlights
The on-premise deployment segment is expected to exhibit a significant CAGR over the forecast period
The large enterprises segment dominated the market by organization size in 2023, a trend that is expected to continue through 2030
On the basis of service, The monitoring & security segment accounted for the highest revenue share of 29.4% in 2023. The dynamism and complexity of containerized applications require robust monitoring solutions to ensure optimal performance, detect anomalies, and prevent disruptions.
North America accounted for the largest revenue share in 2023 and is projected to remain the dominant region over the forecast period, which is primarily attributed to high degree implementation of cloud technologies by vendors in the region
Application Container Market Segmentation
Grand View Research has segmented the global application container market based on service, deployment, enterprise size, end use, and region:
Application Container Service Outlook (Revenue, USD Million, 2018 - 2030)
Monitoring & Security
Data Management & Orchestration
Networking
Support & Maintenance
Other
Application Container Deployment Outlook (Revenue, USD Million, 2018 - 2030)
Hosted
On-Premise
Application Container Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
SMEs
Large Enterprises
Application Container End Use Outlook (Revenue, USD Million, 2018 - 2030)
BFSI
Healthcare & Life Science
Telecommunication & IT
Retail & E-commerce
Education
Media & Entertainment
Others
Application Container Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
Japan
India
China
Australia
South Korea
Latin America
Brazil
Middle East & Africa
South Africa
Saudi Arabia
UAE
List of Key Players
IBM
Amazon Web Services, Inc.
Microsoft
Google LLC
Broadcom
Joyent
Rancher
SUSE
Sysdig, Inc.
Perforce Software, Inc.
Order a free sample PDF of the Application Container Market Intelligence Study, published by Grand View Research.
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rohitpalan · 21 days ago
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Public Key Infrastructure (PKI) Industry Set for 15.6% CAGR Growth, Reaching USD 25.6 Billion by 2034 | Future Industry Insights Inc.
The global Public Key Infrastructure (PKI) industry is projected to witness substantial growth, driven by an escalating demand for secure digital transactions and communications. With a industry valuation of USD 5,200.0 million in 2023, the industry is expected to grow significantly, reaching USD 6,011.2 million by 2024. This robust growth trajectory reflects the increasing reliance of businesses across various sectors on secure cryptographic technologies to protect sensitive data. The industry is poised to expand at a compound annual growth rate (CAGR) of 15.6%, culminating in a forecasted size of USD 25,617.7 million by 2034.
The need for enhanced security protocols in the face of rising cyber threats, as well as stringent data protection regulations, is fueling the demand for PKI solutions. PKI serves as a foundational security architecture, offering encryption, authentication, and digital signature solutions to ensure the confidentiality and integrity of communications. Industries such as banking, financial services, insurance (BFSI), government and defense, healthcare, and retail are increasingly adopting PKI systems to safeguard their operations and customer interactions.
One of the primary trends shaping the future of the PKI industry is the ongoing shift toward cloud-based PKI solutions. With businesses seeking scalable, cost-effective, and flexible security solutions, cloud PKI is becoming a preferred option. This shift is particularly relevant in the context of digital transformation, where organizations are looking for solutions that align with their cloud-centric infrastructure. While cloud-based PKI is gaining traction, on-premises PKI hardware remains essential for industries that require stringent security measures, particularly those handling highly sensitive or classified data.
Request a Sample of this Report: https://www.futuremarketinsights.com/report-sample#5245502d47422d3135313031
Technological advancements in blockchain and the Internet of Things (IoT) are also driving the PKI industry. As these technologies continue to grow, the demand for robust PKI solutions to secure their digital transactions and communications is increasing. Hardware security modules (HSMs), which ensure secure key generation and storage, are seeing higher demand as they form a crucial component of PKI systems. Additionally, the rise of managed and professional PKI services is enabling organizations to efficiently implement, maintain, and audit their security infrastructures, further fueling industry growth.
What Factors are Propelling Public Key Infrastructure (PKI) Demand?
As digitalization develops across several industries, the need for a digital authentication strategy to safeguard organisational infrastructure grows. As a result, the public key infrastructure industry is expected to grow. The growing need to reduce authentication costs across a wide range of industries, including banking, healthcare, and e-commerce, is driving the usage of PKI solutions and, consequently, the expansion of the public key infrastructure market.
Companies rely on PKI to restrict data access and authenticate the identities of people, systems, and devices on a broad scale as they rely more on digital information and face more sophisticated assaults.
As businesses try to keep the lights on and the bottom line in control, security solutions will become more efficient. Security officers will be asked to do more with less resources. In 2022, greater focus will be placed on technology that enables enterprises to accomplish more with less, and automation will play a big part in security innovation. According to a recent study by DigiCert, around 91% of organizations are contemplating automating PKI certificate administration. AI and machine learning (ML) technologies will remain crucial in accelerating automation.
Key Takeaways from Industry Study:
The global PKI industry was valued at USD 5,200.0 million in 2023 and is estimated to reach USD 6,011.2 million in 2024.
The industry is expected to grow at a CAGR of 15.6%, reaching USD 25,617.7 million by 2034.
Cybersecurity threats and compliance requirements are driving the adoption of PKI solutions across multiple industries.
Cloud-based PKI solutions are gaining traction due to their scalability, flexibility, and cost-effectiveness.
On-premises PKI remains critical for sectors requiring the highest levels of security.
Blockchain and IoT advancements are increasing the demand for secure PKI solutions.
Managed and professional PKI services are in high demand as organizations seek effective implementation and auditing solutions.
North America remains a dominant region in PKI adoption, with increasing focus on securing critical infrastructure in sectors like government and financial services.
South Asia & Pacific are experiencing rapid growth in PKI adoption due to the digital transformation and heightened cybersecurity awareness.
Region-wise Analysis
Which Region is projected to Offer the Largest Opportunity for Public Key Infrastructure (PKI) Market?
North America is the most lucrative region with a double-digit projected growth. The increasing use of various cutting-edge technologies and solutions in developed nations such as the United States and Canada presents appealing opportunities for key players in the PKI market. Furthermore, the presence of multiple technological behemoths will drive up demand for public key infrastructure solutions and services.
Several companies are increasingly spending and collaborating to strengthen and secure their servers, boosting regional demand for PKI. For example, Entrust PKI services will be incorporated into Device Authority's KeyScaler IoT IAM platform, extending the current relationship for Hardware Security Module services to allow device trust, data trust, and IoT-scale automation. By connecting to Federal Information Processing (FIP) Compliant Entrust PKI and HSM services, one may execute PKI security operations such as device PKI authentication, onboarding, certificate creation, machine identity lifecycle management, and cryptographic activities. It will also use KeyScaler's pre-built service connectors and flexible connection architecture to integrate security operations into any cloud application or platform.
Furthermore, the rising internet penetration and high reliance of organizations on the internet, as well as associated solutions and services, will drive up demand for PKI in this area.
Industry's Prime Determinants of Trends, and Opportunities:
Several factors are driving the growth and shaping the trends within the PKI industry. These include:
Cybersecurity Threats: The growing sophistication of cyber threats is a key driver for PKI adoption. As organizations face increasing risks from data breaches and cyber-attacks, PKI systems provide robust encryption and authentication methods to secure communications and sensitive data.
Compliance Regulations: Stricter data protection regulations, such as the GDPR and CCPA, are pushing organizations to adopt PKI solutions to ensure compliance. These regulations often require businesses to encrypt sensitive customer information and verify identities, functions that are effectively addressed by PKI systems.
Cloud and IoT Integration: The rise of cloud computing and IoT technologies is creating a demand for scalable and secure PKI solutions. Cloud PKI solutions offer flexibility and cost-effectiveness, while IoT devices require robust security to prevent data breaches and unauthorized access.
Blockchain and Digital Transformation: As blockchain technology and digital transformation continue to evolve, the need for secure PKI solutions will remain strong. Blockchain's decentralized nature relies on PKI for digital signatures and secure transactions, further driving industry growth.
Key Companies & Industry Share Insights:
The Public Key Infrastructure industry is highly competitive, with several key players dominating the industry. These companies offer a wide range of PKI solutions, including hardware, software, and managed services, catering to diverse industries worldwide. Some of the major players in the industry include:
DigiCert, Inc.
Entrust
GlobalSign
Thales Group
Gemalto (now part of Thales)
Microsoft Corporation
Comodo Group, Inc.
These companies have significant industry shares due to their comprehensive offerings, strong brand recognition, and established customer bases. Their continued investment in research and development (R&D) ensures that they remain at the forefront of technological advancements in PKI solutions, particularly in areas like cloud PKI and hardware security modules.
Growth Drivers:
The PKI industry is primarily driven by the increasing need for data security across all sectors. The rise of digital payments, e-commerce, and remote work has amplified the demand for secure communications, creating substantial growth opportunities for PKI providers. Additionally, regulatory pressures and compliance requirements continue to drive the adoption of PKI solutions in sectors like banking, government, healthcare, and retail.
Technological advancements in IoT, blockchain, and cloud computing are also fueling the demand for PKI solutions. These innovations require secure encryption methods to protect data and ensure the integrity of digital transactions. As organizations continue to embrace these technologies, the need for PKI systems will only increase.
Regional Analysis of Public Key Infrastructure (PKI) Industry:
North America leads the global PKI industry, driven by the region's strong regulatory frameworks and the rapid pace of digital transformation in sectors such as government, finance, and healthcare. The increasing focus on securing critical infrastructure in these sectors is propelling the demand for PKI solutions.
Europe also shows significant growth due to stringent data protection laws, including the GDPR, which require organizations to implement encryption and secure communication protocols. As the region's digital landscape evolves, PKI adoption is expected to grow further.
Asia-Pacific is witnessing rapid growth, particularly in South Asia and the Pacific region, as digital economies expand, and cyber threats become more prevalent. Increased investments in secure digital infrastructure are driving the demand for PKI solutions, making this region a key growth area in the coming years.
Latin America and the Middle East & Africa are experiencing moderate growth, with increasing awareness of cybersecurity risks and a focus on regulatory compliance contributing to PKI adoption. However, these regions face challenges in terms of infrastructure and investment in cybersecurity, limiting the pace of industry expansion.
Public Key Infrastructure (PKI) Industry Segmentation
By Component:
In terms of component, the segment is divided into Public Key Infrastructure Hardware Security Modules (HSM), Public Key Infrastructure Solutions and Public Key Infrastructure Services.
By deployment:
In terms of deployment, the segment is segregated into cloud based and on premise.
By Enterprise size:
In terms of enterprise size, the segment is segregated into Small & Mid-Sized Enterprise and Large Enterprise.
By Vertical:
In terms of industry, the segment is segregated into BFSI, Government and Defense, IT and Telecom, Retail, Healthcare, Manufacturing and Other.
By Region:
A regional analysis has been carried out in key countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe and Middle East & Africa.
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industrynewsupdates · 25 days ago
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A Comprehensive Overview of Advanced Analytics Market Landscape
The global advanced analytics market size is expected to reach USD 305.42 billion in 2030 and is projected to grow at a CAGR of 26.4% from 2025 to 2030. The market growth can be attributed to the increasing demand for advanced analytical solutions by companies across the retail, IT & telecom, and BFSI sectors, among others. These solutions help to process large volumes of data and determine fraudulent activities, thus ensuring data protection. For instance, IBM Cloud Pak for Security enables companies to identify hidden threats and make informed risk-based decisions.
Industries such as manufacturing, automotive, and pharmaceuticals are rapidly adopting artificial intelligence, machine learning, and big data to optimize their business processes. These technologies enable manufacturers to improve their production process, increase supply chain efficiency, and identify variables affecting the production quality, which bodes well for market growth. Moreover, as the demand for predictive solutions is growing, key players such as SAS Institute, Inc. and International Business Machines Corp. are introducing cutting-edge solutions that can be offered on cloud.
Advanced analytical solutions are emerging as an essential tool for predicting and forecasting trading patterns, electricity consumption patterns, and rush-hour traffic conditions. As such, many government agencies are making significant investments in these solutions. For instance, the Australian Institute of Health and Welfare uses predictive analysis to access large datasets, such as national hospitals’ databases. The agency uses a projection model to forecast Australian healthcare expenditure by combining various factors, such as population growth, the volume of service per treated case, and excess health price inflation.
Gather more insights about the market drivers, restrains and growth of the Advanced Analytics Market
Advanced Analytics Market Report Highlights
• The cloud segment accounted for the largest market share of over 62% in 2024, owing to increasing data connectivity through hybrid and multi-cloud environments and the growing trend of digitalization.
• The big data analytics segment accounted for the largest market share of over 32% in 2024, owing to the growing adoption of IIoT and AI by various organizations to efficiently analyze information and make timely decisions.
• The small & medium enterprise (SME) segment is expected to grow at a significant rate during the forecast period. Owing to funding provided by several governments to SMEs to encourage the adoption of advanced analytical solutions such as SaaS.
• The BFSI end use segment accounted for the largest market share in 2024, owing to its heavy reliance on data for risk management, fraud detection, and customer insights.
• The advanced analytics market in the Asia Pacific is growing significantly at a CAGR of over 27% from 2025 to 2030. The Asia Pacific advanced analytics market is growing rapidly due to increasing digitalization across industries and the rise of e-commerce and fintech sectors.
Advanced Analytics Market Segmentation
Grand View Research has segmented the global Advanced Analytics market on the basis of application and region:
Advanced Analytics Type Outlook (Revenue, USD Billion, 2018 - 2030)
• Big Data Analytics
• Business Analytics
• Customer Analytics
• Risk Analytics
• Statistical Analysis
• Others
Advanced Analytics Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
• On-premise
• Cloud
Advanced Analytics Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
• Large Enterprises
• Small and Medium Enterprises (SMEs)
Advanced Analytics End Use Outlook (Revenue, USD Billion, 2018 - 2030)
• BFSI
• Government
• Healthcare
• Military & Defense
• IT & Telecom
• Others
Advanced Analytics Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
• Latin America
o Brazil
• Middle East & Africa
o U.A.E
o Saudi Arabia
o South Africa
Order a free sample PDF of the Advanced Analytics Market Intelligence Study, published by Grand View Research.
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qksgrouptech · 2 months ago
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In the digital age, bots are both a boon and a bane for organizations worldwide. While legitimate bots help automate essential tasks like data aggregation and personalized recommendations, malicious bots pose significant challenges, from data theft and account fraud to service disruptions through Distributed Denial-of-Service (DDoS) attacks. As a result, Bot Management Market Forecasthas become a critical area of focus, driving the adoption of advanced solutions aimed at detecting, mitigating, and preventing bot-driven attacks.
The bot management market is projected to witness robust growth from 2023 to 2028, fueled by increasing cybersecurity awareness, regulatory pressures, and the growing sophistication of bot attacks. This blog delves into the global market forecast, key trends, and major players shaping the bot management industry.
Market Overview (2023-2028)
Market Size and Growth
The bot management market was valued at approximately $1.5 billion in 2023 and is expected to grow at a CAGR of 23% over the forecast period, reaching a valuation of $4 billion by 2028. This rapid growth is attributed to:
Rising Cybersecurity Threats: The increasing frequency and complexity of automated attacks, such as credential stuffing, web scraping, and API abuse.
Cloud Adoption: The shift towards cloud-based services creates vulnerabilities that malicious bots exploit, driving demand for bot management solutions.
E-commerce Expansion: The proliferation of e-commerce platforms, where bots are often used for inventory hoarding and price scraping, intensifies the need for robust defenses.
Regional Insights
North America: Dominates the market with a 40% share in 2023 due to the region's advanced IT infrastructure and strong focus on cybersecurity.
Europe: Accounts for 30% of the market, with significant contributions from the BFSI and e-commerce sectors.
Asia-Pacific: Exhibits the highest growth rate, driven by rapid digital transformation in emerging economies like India and Southeast Asia.
Middle East & Africa, and Latin America: Show moderate growth, but increasing awareness and investments in cybersecurity are expected to boost adoption rates.
Key Trends and Drivers
1. Rise of API Protection
APIs are the backbone of modern digital ecosystems, enabling seamless connectivity across platforms. However, they are also a significant attack vector. Bot Management Market Share solutions increasingly incorporate API security features to protect against API abuse, ensuring business continuity and data integrity.
2. Integration of AI and ML
Artificial Intelligence (AI) and Machine Learning (ML) technologies are at the core of advanced bot management systems. These capabilities enable real-time detection and mitigation of sophisticated bot activities, even adapting to new attack patterns.
3. Cloud and SaaS Adoption
Cloud-native and Software-as-a-Service (SaaS)-based bot management solutions are gaining traction due to their scalability, cost-efficiency, and ease of deployment. They cater to small and medium enterprises (SMEs) that often lack dedicated IT resources.
4. Regulatory Compliance
Data protection laws, such as GDPR in Europe and CCPA in California, mandate stringent measures against unauthorized access and data breaches. Bot management solutions help organizations comply by securing sensitive information against automated threats.
5. Industry-Specific Solutions
Sectors like e-commerce, healthcare, and financial services are adopting industry-specific bot management solutions tailored to address unique challenges such as carding attacks in retail or patient data security in healthcare.
Competitive Landscape
The bot management market is fiercely competitive, with leading vendors offering innovative solutions to stay ahead. Key players include:
Akamai Technologies: A leader with a focus on integrating bot management into its comprehensive security suite.
Cloudflare: Renowned for its ease of use and advanced threat intelligence capabilities.
PerimeterX: Specializes in protecting against bot-driven fraud in the e-commerce sector.
Imperva: Offers robust API protection and real-time analytics to combat malicious bots.
Radware: Combines AI-driven insights with DDoS mitigation capabilities for comprehensive protection.
Startups like DataDome and Kasada are also making significant strides, leveraging AI and innovative pricing models to disrupt the market.
Future Outlook
The next five years will see increased adoption of bot management solutions across industries as organizations recognize the importance of safeguarding their digital assets. Key advancements to watch include:
Behavioral Biometrics: To identify bots mimicking human behavior.
Hybrid Deployment Models: Combining on-premise and cloud capabilities for enhanced flexibility.
Focus on Small and Medium Enterprises: Vendors will develop cost-effective solutions to penetrate the SME segment, which remains under-addressed.
Conclusion
The bot management market is set for exponential growth between 2023 and 2028, driven by the escalating sophistication of bot attacks and the increasing digitalization of business operations. Organizations must prioritize robust bot management strategies to mitigate risks, maintain compliance, and secure customer trust. As innovation continues to transform this space, the market is poised to play a pivotal role in shaping the future of cybersecurity.
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amrutatbrc1 · 2 months ago
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Data Warehouse As A Service Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033
The data warehouse as a service global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Data Warehouse As A Service Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The data warehouse-as-a-service market size has grown exponentially in recent years. It will grow from $5.81 billion in 2023 to $7.07 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%.  The growth in the historic period can be attributed to need to enhance customer experience, increasing demand for data security, rising use of data warehouse services in BFSI sector, increase adoption of cloud system growing data manageability, the proliferation of big data to increase demand.
The data warehouse-as-a-service market size is expected to see rapid growth in the next few years. It will grow to $15.16 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%.  The growth in the forecast period can be attributed to growing demand of centralized data storage, growing e-commerce activity, rapid adoption of cloud-based solutions and focus on real-time data analysis, data analytics and business intelligence are expected to play a major role in enterprise management, increasing investments by data center companies in hyper-scale data centers. Major trends in the forecast period include integration of new technologies and single server solutions, increase in demand for ICT industry, rising government initiatives, growing demand for cloud system, increasing demand for data-driven decision-making, advancements in technology.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/data-warehouse-as-a-service-global-market-report
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The growing demand for centralized data storage is expected to propel the growth of the data warehouse-as-a-service market going forward. Centralized data storage refers to the practice of storing and maintaining data in a single, central location. The generation of massive amounts of data, requiring scalable and centralized storage solutions. Data warehouse-as-a-service market is used in centralized data storage to consolidate data from various sources (databases, applications, files) into a single, unified platform, creating a centralized repository. For instance, in January 2024, according to a report by Application Access Governance Information Technology Services, a UK-based company that offered a full suite of information technology (IT) support and digital transformation services, around 60% of corporate data was stored in the cloud, and cloud infrastructure spend is estimated to increase by 23% in 2023. Therefore, the growing demand for centralized data storage is driving the growth of the data warehouse-as-a-service market.
Market Trends - Major companies operating in the data warehouse-as-a-service market are developing innovative solutions such as SAP datasphere to address the challenges of traditional data warehouses. These cloud-based data warehouse solutions enables organizations to harmonize the strategic data and facilitate decision-making. For instance, in March 2023, SAP SE, a Germany-based software company, launched SAP datasphere, a cloud data warehouse service. It offers a comprehensive solution that collects and organizes metadata, enabling organizations to manage all system objects, access reliable data for quality modeling, and perform data lineage and impact analysis. The new SAP Datasphere catalogue is the primary location for locating, enhancing, publishing, and promoting the company's reliable data and analytical assets, while also offers an efficient data governance approach.
The data warehouse as a service market covered in this report is segmented –
1) By Type: Enterprise Data Warehouse As A Service (DWaaS), Operational Data Storage 2) By Usage: Data Mining, Reporting, Analytics 3) By Deployment: Private Cloud, Public Cloud, Hybrid Cloud 4) By Application: Fraud Detection And Threat Management, Supply Chain Management, Asset Management, Risk And Compliance Management, Customer Analytics 5) By Vertical: Banking Financial Services And Insurance (BFSI), Retail And Ecommerce, Telecommunication And Information Technology (IT), Healthcare And Life Sciences, Manufacturing And Automotive, Government And Public Sector, Travel And Hospitality, Media And Entertainment,
Get an inside scoop of the data warehouse as a service market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=13833&type=smp
Regional Insights - North America was the largest region in the data warehouse-as-a-service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data warehouse as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Google LLC, Microsoft Corporation, Dell Inc., Huawei Technologies Co. Ltd., Amazon Web Services Inc., The International Business Machines Corporation, Oracle Corporation, SAP SE, Fujitsu Limited, Hewlett Packard Enterprise Development LP, VMware Inc., NetApp Inc., Veeva Systems Inc., Teradata Corporation, Nutanix , Snowflake Inc. , Cloudera Inc., Quantum Corporation, Mark Logic Corporation, Yellowbrick B.V., AtScale Inc., Micro Focus International Plc, Action Corporation, Netavis GmbH, Scale Computing , DataCore Software, Maxta Inc., Sangfor Technologies, 1010data, Solver, Panoply
Table of Contents 1. Executive Summary 2. Data Warehouse As A Service Market Report Structure 3. Data Warehouse As A Service Market Trends And Strategies 4. Data Warehouse As A Service Market – Macro Economic Scenario 5. Data Warehouse As A Service Market Size And Growth ….. 27. Data Warehouse As A Service Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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shubhamimarc · 3 months ago
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Russia Human Resource (HR) Technology Market Analysis, Growth, and Forecast 2024-2032
Russia Human Resource (HR) Technology Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023 USD 464.5 Million
Market Forecast in 2032 USD 1015.77 Million
Market Growth Rate 2024-2032 8.10%
The Russia Human Resource (HR) Technology Market is driven by the growing adoption of digital solutions to streamline recruitment, employee management, and workplace efficiency. According to the latest report by IMARC Group, The Russia human resource (HR) technology market size reached USD 464.5 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 1015.77 Million by 2032, exhibiting a growth rate (CAGR) of 8.10% during 2024-2032.
Download a sample copy of the Report: https://www.imarcgroup.com/russia-human-resource-technology-market/requestsample
Russia Human Resource (HR) Technology Industry Trends and Drivers:
The Russia human resource (HR) technology market is expanding rapidly, owing to several interconnected factors. Primarily, the increasing tech sector of the nation as well as the evolving need for effective HR solutions also contribute to the growth of the market, which is driven by the rising use of digital tools in workforce management. In line with these factors, enterprises across Russia are increasingly investing in HR technology to streamline operations such as payroll management, talent acquisition, and employee training. Additionally, the initiatives of the government bodies promoting digital transformation within businesses are also contributing to the growth of HR technology in the Russia human resource (HR) technology market. Furthermore, the shift towards remote work, accelerated by recent global events, is pushing companies to adopt cloud-based HR platforms that enable seamless collaboration and employee management regardless of location.
A significant trend in the Russia human resource (HR) technology market is the growing preference for AI-powered tools to enhance talent analytics and recruitment processes. Moreover, employers are leveraging AI and machine learning to identify suitable candidates, assess employee performance, and predict workforce needs, leading to improved productivity and cost efficiency. In addition to these factors, companies are focused on incorporating mobile-accessible HR platforms to support a more flexible and user-friendly employee experience. Apart from this, as cybersecurity concerns rise, HR technology providers are also enhancing data protection measures, which is vital for maintaining the security of sensitive employee information. These advancements are expected to drive continued adoption and innovation in the sector. Consequently, the convergence of these factors is anticipated to propel the expansion of the Russia human resource (HR) technology market in the coming years.
IMARCs report provides a deep dive into the Russia human resource (HR) technology market analysis, outlining the current trends, underlyingmarket demand, and growth trajectories.
Russia Human Resource (HR) Technology Industry Segmentation:
The report has segmented the market into the following categories:
Application Insights:
Talent Management
Payroll Management
Performance Management
Workforce Management
Recruitment
Others
Type Insights:
Inhouse
Outsourced
Company Size Insights:
Less than 1k Employees
1k -5k Employees
Greater than 5k Employees
End-Use Industry Insights:
TTH (Travel, Transportation, Hospitality)
Public Sector
Health Care
Information Technology
BFSI (Banking, Financial Services, and Insurance)
Others
Regional Insights:
Central District
Volga District
Urals District
Northwestern District
Siberian District
Others
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Tel No:(D) +91 120 433 0800
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credenceresearchdotblog · 3 months ago
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The Remote Browser is projected to grow from USD 2985 million in 2024 to an estimated USD 13094 million by 2032, with a compound annual growth rate (CAGR) of 20.3% from 2024 to 2032.The rise of cyber threats and the ever-evolving landscape of digital interactions have spurred interest in technologies that enhance online security. Among these, the remote browser market has emerged as a critical solution for mitigating web-based risks. Remote browsers isolate browsing activity from end-user devices, offering a secure environment to access the web without the direct exposure of sensitive systems. This article delves into the dynamics of the remote browser market, its driving forces, challenges, and future potential.
Browse the full report at https://www.credenceresearch.com/report/remote-browser-market
Market Drivers
Growing Cybersecurity Concerns The increasing sophistication of cyberattacks—ranging from ransomware to zero-day exploits—has made traditional security tools like firewalls and antivirus software insufficient. Businesses, especially those handling sensitive data, are turning to remote browsers as a preventive solution.
Shift to Remote Work The pandemic-induced shift to remote work has expanded the attack surface for cybercriminals. Organizations are deploying remote browser solutions to ensure secure web access for their distributed workforce, reducing vulnerabilities linked to personal devices and public networks.
Stringent Regulatory Requirements Compliance with data protection regulations such as GDPR, CCPA, and HIPAA mandates robust security measures. Remote browsers can help organizations meet these requirements by minimizing the risk of data breaches.
Demand for BYOD Security The Bring Your Own Device (BYOD) trend has introduced significant security challenges. Remote browsers allow employees to access corporate resources securely from personal devices, reducing the risk of data leakage.
Challenges Facing the Market
High Costs Implementing remote browser solutions, particularly for large enterprises, can be expensive. This includes costs related to server infrastructure, bandwidth, and ongoing maintenance.
Performance Issues Remote browsers may experience latency, affecting the user experience. For organizations relying on high-speed access, this could pose a significant challenge.
Limited Awareness Many small and medium-sized businesses (SMBs) are unaware of the potential benefits of remote browsers, hindering market adoption in this segment.
Future Outlook
The global remote browser market is poised for significant growth, with analysts projecting a compound annual growth rate (CAGR) of over 15% through 2030. Key growth areas include:
Artificial Intelligence Integration: Leveraging AI to predict and block threats in real-time.
5G Adoption: Enhancing the performance of remote browsing solutions by reducing latency.
Expanding Use Cases: Beyond cybersecurity, remote browsers are being explored for digital forensics, education, and training applications.
Key Player Analysis:
Bromium, Inc.
Authentic8, Inc.
Bomgar Corporation
Cigloo, Inc.
Citrix Systems, Inc.
Cyberinc
Ericom Software
Light Point Security
Menlo Security
Symantec Corporation
Tucloud Federal Inc.
Segmentation:
By Deployment Mode:
Cloud-based
On-premises
By Organization Size:
Small & Medium-sized Enterprises (SMEs)
Large Enterprises
By End-Use:
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Government and Public Sector
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/remote-browser-market
About Us:
Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.
Contact:
Credence Research
Please contact us at +91 6232 49 3207
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latestmarketresearchnews · 3 months ago
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Identity And Access Management Industry Development Trends Report By 2030
In 2022, the global identity and access management (IAM) market was valued at USD 15.93 billion, and it is projected to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. IAM solutions help organizations control and manage who has access to resources, ensuring that each employee and role within a company has appropriate permissions to perform their duties effectively. By implementing IAM systems, businesses can streamline the process of managing applications for employees, avoiding the need for administrators to individually log in to each app. The increasing integration of IoT, AI advancements, greater awareness of regulatory compliance, and widespread adoption of cloud technologies are key factors expected to fuel the growth of IAM over the forecast period.
With the rise in cybercrime and fraudulent activities, the need for secure and efficient IAM solutions has become more urgent. As organizations adopt cloud computing and embrace new technologies, IAM solutions are evolving to meet the demand for enhanced security. IAM systems use identity analytics and intelligence to monitor and flag unusual user account activities. These systems can identify and remove inactive accounts, detect any violations of company policies, and revoke access rights that are inappropriate for a user’s role. In this way, IAM solutions address enterprise security concerns and mitigate risks associated with unauthorized access.
The centralization that IAM provides is another driver for adoption. With IAM, companies can administer access rights across applications and manage authentication processes more efficiently, making tasks like signing up, signing in, and managing user credentials more streamlined for employees. This system of centralized control reduces costs associated with application management, as it provides reliable connectivity, standardizes processes, and implements user policies. IAM also ensures consistent identity verification and access protocols, enhancing user trust and reliability.
Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market
An important development in IAM is its integration with mobile device management (MDM) solutions. MDM enables companies to manage and control user access on mobile devices, which is crucial as employees increasingly rely on smartphones and tablets for work. MDM and IAM work together to enhance security across devices and safeguard user information. MDM can provision applications securely, complementing IAM’s authentication processes, so organizations maintain full control over device access while protecting data integrity. This synergy between IAM and MDM is critical, as it extends the security and control offered by IAM to mobile devices and supports the increased mobility needs of modern workplaces.
End-use Segmentation Insights:
IAM solutions serve a range of industries, including BFSI (banking, financial services, and insurance); energy, oil & gas; telecom & IT; education; healthcare; public sector & utilities; manufacturing; and others. In 2022, the public sector and utilities segment held the largest revenue share, accounting for over 25% of the market. This segment’s growth is driven by increased digitalization efforts within the public sector, substantial investments in digital applications, and the management of large amounts of public data. As public entities adopt digital processes, they require IAM solutions to ensure secure access to sensitive data, making IAM critical in safeguarding public sector information systems.
The BFSI segment is expected to witness the fastest growth over the forecast period. As online transactions, e-wallets, and digital banking become increasingly popular, the BFSI industry is adopting IAM solutions to secure access rights, minimize security risks, and comply with regulatory standards. IAM provides this sector with the ability to authenticate users, control access to financial data, and protect customers from fraud. As financial services become more digitally driven, IAM systems help safeguard sensitive data and manage risks associated with unauthorized access to financial resources.
Other sectors, including manufacturing, education, IT & telecom, retail & consumer packaged goods, and energy & utilities, are also expected to experience significant growth in IAM adoption. For instance, the manufacturing sector uses IAM to control access to proprietary data and manage IoT-enabled equipment securely. The education sector benefits from IAM by managing secure access to educational resources and student data, while IT & telecom companies rely on IAM to control data access across complex, large-scale infrastructures. Similarly, energy and utility companies adopt IAM to safeguard critical infrastructure, managing employee access and monitoring systems to prevent unauthorized access.
In summary, the IAM market is growing rapidly as organizations across industries increasingly rely on IAM to protect data, ensure regulatory compliance, and optimize access control. The integration of IAM with emerging technologies like AI, IoT, and cloud computing is enhancing the scope of IAM solutions, making them essential for secure digital transformation. Despite challenges such as high implementation costs and the complexity of integrating IAM with existing systems, the expanding need for data security, particularly in public and BFSI sectors, is expected to drive sustained growth in the IAM market.
Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.
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global-research-report · 1 month ago
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The Future of Decision-Making: Trends in the Advanced Analytics Market
The global advanced analytics market size is expected to reach USD 305.42 billion in 2030 and is projected to grow at a CAGR of 26.4% from 2025 to 2030. The market growth can be attributed to the increasing demand for advanced analytical solutions by companies across the retail, IT & telecom, and BFSI sectors, among others. These solutions help to process large volumes of data and determine fraudulent activities, thus ensuring data protection. For instance, IBM Cloud Pak for Security enables companies to identify hidden threats and make informed risk-based decisions.
Industries such as manufacturing, automotive, and pharmaceuticals are rapidly adopting artificial intelligence, machine learning, and big data to optimize their business processes. These technologies enable manufacturers to improve their production process, increase supply chain efficiency, and identify variables affecting the production quality, which bodes well for market growth. Moreover, as the demand for predictive solutions is growing, key players such as SAS Institute, Inc. and International Business Machines Corp. are introducing cutting-edge solutions that can be offered on cloud.
Advanced analytical solutions are emerging as an essential tool for predicting and forecasting trading patterns, electricity consumption patterns, and rush-hour traffic conditions. As such, many government agencies are making significant investments in these solutions. For instance, the Australian Institute of Health and Welfare uses predictive analysis to access large datasets, such as national hospitals’ databases. The agency uses a projection model to forecast Australian healthcare expenditure by combining various factors, such as population growth, the volume of service per treated case, and excess health price inflation.
Advanced Analytics Market Report Highlights
The cloud segment accounted for the largest market share of over 62% in 2024, owing to increasing data connectivity through hybrid and multi-cloud environments and the growing trend of digitalization.
The big data analytics segment accounted for the largest market share of over 32% in 2024, owing to the growing adoption of IIoT and AI by various organizations to efficiently analyze information and make timely decisions.
The small & medium enterprise (SME) segment is expected to grow at a significant rate during the forecast period. Owing to funding provided by several governments to SMEs to encourage the adoption of advanced analytical solutions such as SaaS.
The BFSI end use segment accounted for the largest market share in 2024, owing to its heavy reliance on data for risk management, fraud detection, and customer insights.
The advanced analytics market in the Asia Pacific is growing significantly at a CAGR of over 27% from 2025 to 2030. The Asia Pacific advanced analytics market is growing rapidly due to increasing digitalization across industries and the rise of e-commerce and fintech sectors.
Advanced Analytics Market Segmentation
Grand View Research has segmented the global Advanced Analytics market on the basis of application and region:
Advanced Analytics Type Outlook (Revenue, USD Billion, 2018 - 2030)
Big Data Analytics
Business Analytics
Customer Analytics
Risk Analytics
Statistical Analysis
Others
Advanced Analytics Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
On-premise
Cloud
Advanced Analytics Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
Large Enterprises
Small and Medium Enterprises (SMEs)
Advanced Analytics End Use Outlook (Revenue, USD Billion, 2018 - 2030)
BFSI
Government
Healthcare
Military & Defense
IT & Telecom
Others
Advanced Analytics Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
US
Canada
Mexico
Europe
Germany
UK
France
Asia Pacific
China
India
Japan
South Korea
Australia
Latin America
Brazil
Middle East & Africa
A.E
Saudi Arabia
South Africa
Order a free sample PDF of the Advanced Analytics Market Intelligence Study, published by Grand View Research.
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rohitpalan · 22 days ago
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Botnet Detection Market Set to Skyrocket: Projected Growth from USD 839.4 Million in 2023 to USD 15.36 Billion by 2033
The need for sophisticated security measures has increased in response to the ever-widening danger landscape, driving the Botnet Detection Market to unprecedented heights. Recent market research indicates that the Botnet Detection Market is expected to generate a significant amount of revenue in 2023—US$ 839.4 million. With an astounding valuation of US$ 15,358.7 million by 2033 and an excellent CAGR of 33.7% over the forecast period, the market is expected to rise exponentially in the future.
The increasing digitization of sectors is making them more vulnerable to botnet assaults. The integrity of digital ecosystems is seriously threatened by these attacks, which are coordinated by networks of hacked devices. The worldwide corporate environment is adopting cutting-edge botnet detection systems to combat this threat.
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Key Takeaways: Botnet Detection Market
By component, the solution segment is anticipated to account for the leading share in the global demand for botnet detection during the forecast period. However, the services segment is estimated to grow at a robust CAGR of 34.7% through 2032.
By deployment, the cloud-based segment is anticipated to grow at a CAGR of 35% between 2022 & 2032.
Among the enterprise size, large enterprises segment is anticipated to hold the largest share of the global market and is estimated to increase at a CAGR of 33% between 2022 & 2032.
By industry, the media and entertainment segment is anticipated to grow at a CAGR of 35.9% between 2022 & 2032.
North America is dominating botnet detection market followed by Europe region in 2022. South Asia & Pacific is estimated to grow at the fastest rate over the forecast period.
The market in U.S. is expected to progress at a CAGR of around 33.9% through 2032.
In India, the botnet detection market is expected to grow at a CAGR of 39.2% during the forecast period.
Botnet detection market in China is estimated to witness the absolute opportunity of US$ 955.2 Mn in the forecast period.
 Competition Analysis – Regional Trends
The Botnet Detection Market is characterized by intense competition, driven by the growing importance of cybersecurity in today’s interconnected world. A noteworthy trend is the dominance of the top 5 vendors, accounting for around 45% of the market share. As cyber threats continue to evolve, these vendors are at the forefront of delivering cutting-edge solutions to counteract sophisticated botnet attacks.
Region-wise Insights
Across various regions, the demand for robust botnet detection solutions is on the rise. North America leads the charge, being an early adopter of advanced cybersecurity measures. Europe follows suit, with a keen focus on data protection regulations. Asia Pacific showcases significant potential for growth due to the rapid digitization of industries. Meanwhile, emerging economies in Latin America and the Middle East are also ramping up their cybersecurity efforts to safeguard critical digital infrastructure.
Category-wise Insights
In the landscape of botnet detection, diverse categories of industries are seeking tailored solutions. From banking and finance to healthcare and manufacturing, every sector is recognizing the need for proactive threat mitigation. As Internet of Things (IoT) devices proliferate, securing these interconnected endpoints becomes paramount, spurring demand for botnet detection across consumer electronics, industrial automation, and smart cities.
Botnet Detection Market Outlook By Category
By Component:
Botnet Detection Solution
Services
Professional Services
Managed Services
By Deployment:
Cloud
On-premises
By Enterprise Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By Industry:
BFSI
Healthcare
IT and Telecom
Retail
Media and Entertainment
Travel and Hospitality
Government
Others
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industrynewsupdates · 1 month ago
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A Deep Dive into the Network Slicing Market: Insights and Analysis
The global network slicing market size is anticipated to reach USD 12.48 billion by 2030, registering a CAGR of 50.7% over the forecast period, according to a new report by Grand View Research, Inc. A network slice is a concept of creating several virtual networks on shared multi-domain infrastructure and comprises various state-of-the-art technologies based on open-source community and standardization. It is an independent end-to-end network and includes dedicated or shared resources capable of providing service quality. Each network slice specifies full network functionality comprising core network functions and radio access network functions. An assembly of systems/platforms is required to create and manage a sliced virtual network inclusive of well-designed tools and mechanisms. Network slicing solution provides customized network services to meet the service provider’s requirements utilizing limited network resources.
Moreover, network slicing customization enables efficient network capabilities such as data security, massive connectivity, energy efficiency, reduced latency, reachability, and guaranteed quality of service (QoS). The rising adoption of network slicing-enabled 5G in several verticals such as BFSI, healthcare, retail & e-commerce, among others, are contributing positively to the network slicing market growth. Network slicing enables efficient usage and management of network services resulting in a maximized return on investment (ROI). It also provides access to businesses and organizations to customize networks tailored to meet specific requirements efficiently and cost-effectively governed by a service level agreement.
Network slicing allows sharing of resources and functional components and customization in each slice to a particular service level agreement. Additionally, it enables operators to provide economic models and premium services to end-users offering business opportunities to existing and new sectors to gain higher ROI. The European Telecommunications Standard Institute defined NFV architectural information and framework to support network slicing.
Gather more insights about the market drivers, restrains and growth of the Network Slicing Market
Network Slicing Market Report Highlights
• The market is expected to witness a CAGR of 50.7% over the forecast period owing to a rise in the adoption of smartphones and mobiles globally. Also, the growing adoption of IoT solutions and growing emphasis on the usage of cloud services has increased the adoption of network slicing services among end-users during the COVID-19 pandemic
• Based on the component, the solution segment accounted for the largest revenue share of over 60.3% in 2021 as the network slicing platform is extensively used in several verticals such as retail & e-commerce, BFSI, travel and hospitality, and healthcare. The adoption of network slicing solutions by CSPs will accelerate the delivery of network slicing applications and services
• Based on end-user, the communication service providers segment dominated the market in 2021 and is expected to witness a significant CAGR of 49.9% over the forecast period owing to the increasing demand for better bandwidth connectivity to meet the end user's requirement
• Based on industry vertical, the healthcare industry dominated the market owing to the increasing adoption of innovative 5G technologies and network slicing solutions in the healthcare sector. The healthcare industry is expected to witness a technological transformation with an increasing number of network slicing use cases in the industry, such as robotic surgeries, IoT, and AI
• North America accounted for the largest revenue share of more than 35.5% in 2021, owing to the increasing penetration of smartphones, the growing proliferation of internet services, and the number of internet subscribers in the region. Considerable adoption of IoT and rapid development of smart cities are expected to provide numerous opportunities for the region over the forecast period
Network Slicing Market Segmentation
Grand View Research has segmented the global network slicing market based on component, end-user, industry vertical, and region:
Network Slicing Component (Revenue, USD Million, 2017 - 2030)
• Solution
• Services
o Professional services
o Managed services
Network Slicing End-user (Revenue, USD Million, 2017 - 2030)
• Communication Service Providers
• Enterprises
Network Slicing Industry Vertical (Revenue, USD Million, 2017 - 2030)
• Healthcare
• Government
• Transportation & Logistics
• Energy & Utilities
• Manufacturing
• Media & Entertainment
• Financial Services
• Retail
• Others
Network Slicing Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
• Asia Pacific
o China
o Japan
o India
o South Korea
• South America
o Brazil
• Middle East & Africa
Order a free sample PDF of the Network Slicing Market Intelligence Study, published by Grand View Research.
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