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exitrendmarkettrend · 12 days ago

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Customer Experience Management Market: The Evolution of Customer Satisfaction in a Digital Age

The Customer Experience Management Market, valued at $14.95 billion in 2023, is projected to grow to $17.42 billion in 2024 and reach $34.68 billion by 2030, expanding at an impressive 16.5% CAGR. This blog will explore the key drivers of the CEM market, its major segments, leading players, and the future trends that will shape this industry.

Market Overview

Customer Experience Management involves capturing, analyzing, and responding to customer interactions across various touchpoints. The goal is to improve customer satisfaction, loyalty, and engagement, which ultimately translates into increased revenue and brand value. The rise of digital channels and advancements in data analytics have transformed CEM into a data-driven practice, enabling businesses to create personalized and consistent customer experiences.

Key Market Drivers

Customer-Centric Business Models: Businesses are shifting from product-centered to customer-centric models, prioritizing personalized and seamless experiences that cater to individual needs and preferences.

Digital Transformation: With the increase in digital channels, businesses must now monitor, analyze, and enhance customer experiences across online platforms, mobile devices, and social media.

Demand for Personalization: Modern customers expect brands to provide personalized experiences. CEM tools enable businesses to collect and analyze customer data to create targeted interactions.

Advances in AI and Data Analytics: AI and data analytics empower companies to predict customer behaviors, identify trends, and make real-time adjustments to improve customer satisfaction.

Market Segmentation

The CEM market is segmented by type, application, and region, allowing companies to choose solutions that best fit their customer engagement strategies and operational structures.

1. By Type

Cloud-Based: Cloud-based CEM solutions offer flexibility, scalability, and easy accessibility, making them popular among small and medium-sized businesses (SMEs) and large corporations alike. These solutions can be accessed from anywhere, making them ideal for businesses with remote teams or those operating in multiple locations.

On-Premise: On-premise CEM solutions offer enhanced control over data security, making them suitable for industries with strict data compliance requirements, such as healthcare and financial services.

2. By Application

BFSI (Banking, Financial Services, and Insurance): CEM is crucial in the BFSI sector, where personalized interactions and seamless support foster customer loyalty and trust.

Retail: Retailers use CEM to enhance the shopping experience through personalized recommendations, loyalty programs, and streamlined customer support.

Healthcare: In healthcare, CEM improves patient engagement by providing timely communication, tailored support, and an efficient appointment process, ultimately boosting patient satisfaction.

IT & Telecom: CEM in telecom enhances customer support, reduces churn, and provides a consistent experience across digital and physical touchpoints.

Manufacturing: For manufacturers, CEM aids in managing customer relationships across the product lifecycle, from initial purchase to post-sale support.

Government: Government agencies use CEM to improve citizen interactions, providing streamlined service delivery and enhancing public trust.

Energy & Utilities: In this sector, CEM tools help optimize customer service, provide timely updates, and improve customer engagement through proactive communication.

Others: Other sectors, including education, logistics, and hospitality, utilize CEM solutions to improve service quality and meet evolving customer expectations.

3. By Region

North America: With advanced digital infrastructure and a strong focus on customer experience, North America leads in CEM adoption. The region is also home to several key players and early adopters of CEM solutions.

Europe: European companies face strict data privacy regulations, driving the demand for secure CEM solutions. Countries like Germany, the UK, and France are major contributors to the market in this region.

Asia Pacific: Rapid digitalization and a large, tech-savvy population are fueling CEM adoption in the Asia Pacific region, with significant demand in retail, telecom, and banking.

Latin America and the Middle East & Africa: While still emerging markets, these regions are experiencing increased CEM adoption as companies recognize the value of customer experience in building competitive advantage.

Key Players in the Customer Experience Management Market

Numerous companies are driving innovation in the CEM space. Leading players include:

Adobe Systems: Adobe’s Experience Cloud offers a suite of tools for customer data analysis and personalized engagement across multiple touchpoints.

Nice Systems: NICE specializes in analytics-driven CEM solutions, focusing on improving customer interactions and optimizing workforce management.

SAP SE: SAP integrates CEM with its enterprise solutions, providing businesses with seamless access to customer data across various touchpoints.

Oracle: Oracle offers a comprehensive suite of customer engagement solutions, including customer service, marketing, and data analytics tools.

Sitecore: Sitecore’s CEM platform enables companies to deliver personalized content and optimize the customer journey across digital channels.

IBM: IBM’s CEM solutions leverage AI and data analytics to improve customer engagement and drive satisfaction.

Medallia: Medallia’s platform captures and analyzes customer feedback, providing actionable insights for businesses to enhance their customer experience strategies.

Zendesk: Zendesk focuses on improving customer support experiences, offering tools for chat, ticketing, and customer feedback.

InMoment and Ignite: Both companies capture and analyze customer feedback to help businesses improve their customer-centric strategies.

Key Trends Shaping the Customer Experience Management Market

AI-Powered Insights and Automation: AI-based tools enable businesses to gather deeper insights from customer data, predict behaviors, and offer real-time personalized experiences, which boosts engagement.

Omnichannel Experience Integration: With customers engaging across various platforms, CEM solutions focus on providing a seamless experience by integrating multiple channels like mobile, social media, and websites.

Increased Demand for Real-Time Data: Real-time data allows companies to resolve customer issues proactively, which enhances satisfaction and reduces customer churn.

Growth of Self-Service Options: Self-service options, such as chatbots and AI-driven support, enable customers to resolve their issues without relying on human assistance, leading to faster issue resolution.

Personalization at Scale: Advanced data analytics allow companies to provide personalized experiences at scale, catering to individual preferences across entire customer bases.

Challenges and Limitations

Data Privacy and Security: CEM requires the collection of extensive customer data, which raises privacy concerns. Companies must comply with data protection regulations like GDPR and CCPA to maintain customer trust.

Integration with Existing Systems: Implementing CEM solutions often requires integration with existing systems, which can be challenging and time-consuming for businesses.

High Costs of Implementation: On-premise solutions can be expensive, especially for small businesses. However, cloud-based solutions are helping to mitigate this barrier.

Difficulty Measuring ROI: Quantifying the impact of CEM on customer satisfaction and loyalty can be challenging, as ROI metrics are often qualitative rather than quantitative.

Future of the Customer Experience Management Market

With a projected 16.5% CAGR from 2024 to 2030, the CEM market is expected to experience rapid growth. Key trends shaping the future include:

Advanced AI Capabilities: AI will continue to enhance CEM, offering deeper insights, faster data processing, and automated responses to customer inquiries.

Expansion of Self-Service Options: Self-service platforms will become more sophisticated, giving customers faster options to resolve issues and access services independently.

Increased Adoption of Voice of the Customer (VoC) Programs: VoC programs are growing in popularity, providing businesses with valuable insights from customer feedback and helping improve overall satisfaction.

Proactive Customer Engagement: Companies are moving toward proactive customer service, where data insights allow them to anticipate and resolve customer needs before issues arise.

Conclusion

The Customer Experience Management market is experiencing rapid growth as businesses recognize the importance of customer satisfaction and loyalty. With innovations in AI, real-time data analytics, and omnichannel integration, CEM solutions are becoming indispensable tools for businesses to deliver personalized and consistent customer experiences. Despite challenges like data privacy concerns and integration complexities, the future of the CEM market looks promising, with continued growth expected across industries. As customer expectations evolve, companies that prioritize experience management will build stronger customer relationships, ultimately leading to long-term success.

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marketanalysisdata · 17 days ago

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Cloud Computing Industry - Overview, Trends, Key Drivers and Growth Forecasts Till 2030

The global cloud computing market was valued at USD 602.31 billion in 2023, with an anticipated growth at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2030. This rapid expansion is driven by multiple factors, including the increasing recognition among large enterprises of the transformative capabilities of cloud computing. Migration to cloud platforms allows these enterprises to streamline their operations, enhance flexibility, and improve efficiency, all of which contribute to performance gains across entire organizations.

A significant factor driving cloud computing's popularity is the rise of hybrid and multi-cloud solutions, which offer businesses the flexibility to select multiple cloud providers to create a tailored infrastructure solution that aligns with their unique requirements. This setup enables organizations to capitalize on the specialized strengths of different providers. Additionally, the pay-as-you-go pricing models in cloud computing eliminate the need for large, upfront investments typically associated with traditional IT infrastructure. This is particularly advantageous for businesses in developing economies, where digital transformation initiatives are accelerating as companies seek cost-effective ways to enhance their digital capabilities and compete globally.

Gather more insights about the market drivers, restrains and growth of the Cloud Computing Market

Governments worldwide are also contributing to the momentum behind cloud adoption by implementing data security regulations that strengthen trust within the cloud ecosystem. These regulations are designed to create a more secure environment for cloud operations, addressing concerns that might otherwise hinder adoption. The COVID-19 pandemic further accelerated the adoption of cloud computing as organizations needed to adapt to remote work environments quickly. Cloud solutions provided the necessary scalability and accessibility to support a distributed workforce, making it possible for employees to stay connected and productive regardless of location.

However, as cloud adoption grows, concerns about data privacy and security remain a critical obstacle. Businesses are understandably cautious about storing sensitive information with third-party providers due to risks like data breaches and unauthorized access. To ensure the long-term success of the cloud market, addressing these security concerns with stringent protection measures will be essential for building trust and driving continued growth.

The market expansion is also fueled by adoption among small and medium-sized organizations (SMOs) and governments in developing countries. SMOs are increasingly aware of the benefits of cloud-based solutions, which offer a cost-effective and scalable alternative to traditional on-premise infrastructure. This model allows SMOs to access enterprise-level computing power without incurring high initial costs or managing complex IT systems. Additionally, cloud technology enhances operational efficiency and agility, enabling SMOs to respond to market changes quickly and compete more effectively.

End-use Segmentation Insights:

In terms of end-use industries, the Banking, Financial Services, and Insurance (BFSI) segment dominated the cloud computing market in 2023, capturing the largest share of revenue. Cloud solutions provide significant cost savings for BFSI firms by reducing reliance on expensive, on-premise infrastructure and IT personnel. Financial institutions use the cloud's scalability to manage increases in data processing and transaction volumes efficiently. Cloud technology also enables quicker launch times for new financial products and services, enhancing agility within the sector. Moreover, cloud-based analytics tools help financial institutions extract valuable insights from large volumes of customer data, allowing them to personalize offerings and improve the customer experience.

The manufacturing segment is expected to experience the highest growth rate in cloud adoption over the forecast period. By leveraging scalable, on-demand cloud resources, manufacturers can streamline operations, optimize production workflows, and improve collaboration across the supply chain. These improvements translate into cost savings by reducing IT infrastructure requirements and allowing for automation of routine tasks. Furthermore, cloud computing enables manufacturers to harness data analytics for real-time insights, facilitating better decision-making and accelerating the time-to-market for new products.

Order a free sample PDF of the Cloud Computing Market Intelligence Study, published by Grand View Research.

#Cloud Computing Market Trends #Cloud Computing Market Share

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marketstudyreport · 17 days ago

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Cloud Computing Market Development Trends Report By 2030

Gather more insights about the market drivers, restrains and growth of the Cloud Computing Market

End-use Segmentation Insights:

Order a free sample PDF of the Cloud Computing Market Intelligence Study, published by Grand View Research.

#Cloud Computing Market Trends #Cloud Computing Market Share

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riya2510 · 25 days ago

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Network Encryption Share | Segmented by Top Manufacturers & Geography Regions

Network Encryption Market Information

The Network Encryption Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

Employing various analytical techniques such as SWOT analysis, Porter’s Five Forces analysis, and feasibility studies, the report offers a thorough understanding of competitive dynamics, the risk of substitutes and new entrants, and identifies strengths, challenges, and business opportunities. This detailed assessment covers current patterns, driving factors, limitations, emerging developments, and high-growth areas, aiding stakeholders in making informed strategic decisions based on both current and future market trends. Additionally, the report includes an examination of the Automatic Rising Arm Barriers sector and its key opportunities.

According to Straits Research, the global Network Encryption market size was valued at USD 4 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 8 Billion by 2030, growing at a CAGR of 9% during the forecast period (2022–2030).

Get Free Request Sample Report @ https://straitsresearch.com/report/network-encryption-market/request-sample

TOP Key Industry Players of the Network Encryption Market

Thales Trusted Cyber Technologies

ATMedia Gmbh

Atos SE

Juniper Networks Inc.

Certes Networks Inc.

Senetas Corporation Ltd

Viasat Inc.

Raytheon Technologies Corporation

Securosys SA

Packetlight Networks

Rohde & Schwarz Cybersecurity GmbH

Global Network Encryption Market: Segmentation

As a result of the Network Encryption market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By Solution

Network Encryption Platforms

On-Premise

Cloud-based

Network Encryption Devices

Services

Professional Services

Security Consulting

Training & Education

Support & Maintenance

Managed Services

By Deployment Type

Cloud

On-premises

By Component

Hardware

Solutions and Services

By Organization Size

Small and Medium-sized Enterprises

Large-sized Enterprises

By End-User Industry

Telecom and IT

BFSI

Government

Media and Entertainment

Healthcare

Retail & E-Commerce

Other End-user Industries

Browse Full Report and TOC @ https://straitsresearch.com/report/network-encryption-market/request-sample

Reasons for Buying This Report:

Provides an analysis of the evolving competitive landscape of the Automatic Rising Arm Barriers market.

Offers analytical insights and strategic planning guidance to support informed business decisions.

Highlights key market dynamics, including drivers, restraints, emerging trends, developments, and opportunities.

Includes market estimates by region and profiles of various industry stakeholders.

Aids in understanding critical market segments.

Delivers extensive data on trends that could impact market growth.

Research Methodology:

Utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches.

Validates market estimates through primary research with key stakeholders.

Estimates market size and forecasts for different segments at global, regional, and country levels using reliable published sources and stakeholder interviews.

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Email: [email protected]

Address: 825 3rd Avenue, New York, NY, USA, 10022

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

#Network Encryption #Network Encryption Industry #Network Encryption Share #Network Encryption Size #Network Encryption Trends #Network Encryption Regional Analysis #Network Encryption Growth Rate

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harshnews · 1 month ago

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Facility Management Market Size, Share, Trends, Growth and Competitive Outlook

"Facility Management Market – Industry Trends and Forecast to 2031

Global Facility Management Market, By Offering (Solution and Service), Service Type (Hard Facility Management System and Soft Facility Management System), Model (Outsourcing Facilities Management and In-House Facilities Management), Facility Size (Large Facilities, Medium Facilities, and Small Facilities), Function (Real Estate Management, Maintenance Management, Asset Management, Building Systems, Financial & Performance Management, and Others), End-User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Energy and Utilities, Construction and Real Estate, Manufacturing, Government and Public Administration, Media and Entertainment, and Others) - Industry Trends and Forecast to 2031.

Access Full 350 Pages PDF Report @

**Segments**

- **Service Type:** The facility management market can be segmented based on service type into hard services and soft services. Hard services include mechanical and electrical maintenance, plumbing, and HVAC services. Soft services, on the other hand, include cleaning, security, catering, waste management, and landscaping.

- **Deployment:** Another key segment is based on the deployment type, which can be on-premises, cloud-based, or hybrid. On-premises deployment involves managing facility services internally within an organization, while cloud-based deployment leverages third-party cloud services for managing facilities. Hybrid deployment is a combination of both on-premises and cloud-based solutions.

- **End-User:** The facility management market can also be segmented by end-user, including commercial, residential, industrial, and others. Commercial end-users consist of sectors such as retail, healthcare, education, and hospitality, while residential end-users are homeowners or tenants. Industrial end-users are comprised of manufacturing plants, warehouses, and other industrial facilities.

**Market Players**

- **CBRE Group, Inc.:** One of the leading players in the facility management market, CBRE Group, Inc. offers a wide range of facility management services including energy management, sustainability solutions, and workplace strategy.

- **ISS A/S:** ISS A/S is another prominent player that provides integrated facility services including cleaning, security, property services, catering, support services, and facility management.

- **Sodexo:** Sodexo is a global facilities management company known for its comprehensive range of services such as catering, facility management, and employee well-being solutions.

- **Compass Group:** Compass Group specializes in providing catering and support services across various sectors including healthcare, education, business, and industry.

- **Cushman & Wakefield:** Cushman & Wakefield offers facility management services focusing on enhancing operational efficiency, sustainability, and occupant experience in commercial real estate properties.

The facility management market is witnessing significant growth due to the increasing need forThe facility management market is experiencing substantial growth driven by the rising demand for efficient and sustainable management of facilities across various sectors. One of the key factors fueling market growth is the growing focus on cost efficiency and operational excellence by organizations to streamline their facility management processes. As businesses strive to enhance productivity and customer satisfaction, the adoption of advanced facility management solutions becomes crucial. Additionally, the increasing trend towards outsourcing non-core activities such as cleaning, security, and maintenance to specialized service providers is further propelling the growth of the facility management market.

In terms of service type segmentation, the distinction between hard services and soft services plays a critical role in catering to the diverse needs of different industries. Hard services like mechanical and electrical maintenance are essential for maintaining the infrastructure and operations of commercial and industrial facilities. On the other hand, soft services such as cleaning and landscaping contribute to creating a safe and pleasant environment for occupants. The demand for a comprehensive range of services, encompassing both hard and soft services, is driving the adoption of integrated facility management solutions by organizations seeking a holistic approach to managing their facilities.

Deployment type segmentation offers organizations flexibility in choosing the most suitable model for managing their facility services. On-premises deployment provides organizations with full control and customization over their facility management processes but requires significant upfront investments in infrastructure. Cloud-based deployment, on the other hand, offers scalability and cost-efficiency by leveraging cloud infrastructure and services. Hybrid deployment models combine the benefits of on-premises and cloud-based solutions, allowing organizations to optimize their facility management operations based on specific requirements and preferences.

The end-user segmentation of the facility management market caters to the distinct needs of different sectors, including commercial, residential, and industrial entities. Commercial end-users, such as retail and healthcare facilities, prioritize customer experience and operational efficiency, driving the demand for tailored facility management services. Residential end-users seek convenience and comfort in property management, including maintenance services and security measures. Industrial end-users, including manufacturing plants and warehouses, require specialized facility management solutions**Global Facility Management Market, By Offering (Solution and Service), Service Type (Hard Facility Management System and Soft Facility Management System), Model (Outsourcing Facilities Management and In-House Facilities Management), Facility Size (Large Facilities, Medium Facilities, and Small Facilities), Function (Real Estate Management, Maintenance Management, Asset Management, Building Systems, Financial & Performance Management, and Others), End-User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Energy and Utilities, Construction and Real Estate, Manufacturing, Government and Public Administration, Media and Entertainment, and Others) - Industry Trends and Forecast to 2031.**

- The facility management market is experiencing significant growth driven by the increasing need for efficient and sustainable management of facilities across different sectors. Organizations are focusing on cost efficiency and operational excellence, leading to the adoption of advanced facility management solutions to streamline processes. Outsourcing non-core activities to specialized service providers is also contributing to market growth.

- The segmentation based on service type, distinguishing between hard services (mechanical and electrical maintenance) and soft services (cleaning and landscaping), is crucial in meeting diverse industry needs. Integrated facility management solutions that encompass both hard and soft services are in demand as organizations seek a holistic approach to facility management.

- Deployment type segmentation offers flexibility for organizations to choose between on-premises, cloud-based, or hybrid models for managing facility services. On-premises deployment provides control and customization but requires significant upfront investments. Cloud-based

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Facility Management Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Facility Management Market.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Facility Management Market Landscape

Part 04: Global Facility Management Market Sizing

Part 05: Global Facility Management Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

This study answers to the below key questions:

What are the key factors driving the Facility Management Market?

What are the challenges to market growth?

Who are the key players in the Facility Management Market?

What are the market opportunities and threats faced by the key players?

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#Facility Management Market

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sifytechnologiessify · 1 month ago

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Sify’s Data Center in Noida: Empowering Digital Transformation with World-Class Infrastructure

As digital transformation accelerates across industries, the demand for reliable, secure, and scalable data infrastructure has never been greater. In the heart of North India’s thriving technology hub, Sify’s Data Center in Noida stands as a beacon of cutting-edge innovation, delivering exceptional services and robust solutions to businesses in India and beyond. Built to support organizations of all sizes and sectors, Sify’s Noida data center is equipped with state-of-the-art technology, high-performance networking, and top-tier security, enabling enterprises to stay ahead in a digitally-driven world.

Why Choose Sify’s Data Center in Noida?

1. Strategic Location for Optimal Connectivity

Noida, a key player in India’s expanding IT landscape, provides a strategic advantage to businesses seeking efficient and reliable digital infrastructure. Located in close proximity to Delhi and the National Capital Region (NCR), Sify’s data center offers low-latency connectivity and serves as an ideal hub for businesses in industries such as IT, BFSI, manufacturing, retail, and more. The facility’s location enables seamless integration with local and global networks, making it a crucial point for enterprises looking to extend their reach across India and international markets.

2. Scalable and Future-Proof Infrastructure

Sify’s Noida data center is designed with scalability and flexibility at its core, allowing businesses to expand their operations without worrying about infrastructure limitations. From colocation services and cloud hosting to hybrid IT and disaster recovery, the facility offers a full suite of solutions to support organizations at every stage of their growth. Whether it’s handling fluctuating workloads, increasing storage capacity, or scaling IT resources to meet business demands, Sify’s infrastructure is built to adapt to evolving requirements.

By leveraging advanced technologies and cloud-native architectures, Sify ensures that businesses can seamlessly integrate their on-premises infrastructure with public or private clouds, enabling agile and future-proof operations.

3. Unmatched Security and Compliance

Security remains one of the top concerns for businesses in today’s interconnected world, where cyber threats and data breaches can have devastating consequences. Sify’s data center in Noida is equipped with multi-layered security protocols to ensure the safety and integrity of data. The facility is protected by 24/7 surveillance, biometric access controls, intrusion detection systems, and other advanced physical and digital security measures.

Moreover, Sify’s Noida data center adheres to global compliance standards, including ISO 27001, ISO 9001, and SOC 2, providing businesses with the assurance that their sensitive data is protected and managed in accordance with the highest industry standards. This is particularly crucial for organizations in sectors such as finance, healthcare, and e-commerce, where data security and regulatory compliance are paramount.

4. Energy Efficiency and Sustainability

Sify recognizes the importance of sustainability and energy efficiency in modern data center operations. The Noida facility is built with energy-efficient cooling systems and green technologies that reduce power consumption while optimizing performance. By integrating eco-friendly practices and renewable energy sources, Sify ensures that its data center operations align with global sustainability goals, helping businesses meet their environmental objectives without sacrificing operational efficiency.

Sify’s commitment to carbon-neutral initiatives and resource optimization not only benefits the environment but also results in cost savings for businesses that choose to partner with Sify’s Noida data center.

5. Reliable Uptime and Disaster Recovery

Business continuity is critical in today’s competitive landscape, where even a few minutes of downtime can result in significant losses. Sify’s Noida data center is engineered to deliver exceptional reliability, with a 99.99% uptime guarantee. The facility is powered by redundant systems, including backup power, cooling, and network infrastructure, ensuring uninterrupted operations even in the event of unexpected disruptions.

Additionally, Sify offers comprehensive disaster recovery and business continuity solutions that help businesses safeguard their critical applications and data. With geo-redundant data centers and robust disaster recovery strategies, Sify ensures that organizations can recover quickly and efficiently in case of outages or disasters, minimizing downtime and protecting mission-critical operations.

6. Carrier-Neutral Facility with High-Speed Connectivity

Sify’s Noida data center is a carrier-neutral facility, offering businesses the flexibility to connect with a wide range of telecom providers and network carriers. This allows for optimized network performance, low latency, and high-speed data transfers. By leveraging fiber-optic connectivity and multiple network options, businesses can ensure that their applications, websites, and services run smoothly and efficiently, no matter where their users or customers are located.

In addition to its carrier neutrality, the Noida data center provides seamless access to Sify’s own high-performance network services, enabling businesses to take advantage of end-to-end solutions for their digital infrastructure needs.

Comprehensive Services at Sify’s Noida Data Center

Sify’s Noida data center is a full-service facility offering a wide range of solutions designed to meet the unique needs of today’s digital enterprises. These services include:

Colocation: Secure and scalable colocation services for businesses looking to house their critical IT infrastructure in a world-class facility.

Cloud Services: Public, private, and hybrid cloud solutions that enable businesses to scale, innovate, and drive digital transformation.

Disaster Recovery: Comprehensive disaster recovery services that ensure business continuity and minimize downtime in case of unforeseen events.

Managed Services: End-to-end IT management, monitoring, and support services that allow businesses to focus on their core operations.

Network and Connectivity: High-speed, low-latency network connectivity and carrier-neutral options to optimize performance across global markets.

Why Partner with Sify’s Noida Data Center?

1. Proven Expertise in Data Center Solutions

Sify has been a pioneer in digital transformation and ICT solutions for over two decades. With a deep understanding of the challenges faced by modern businesses, Sify delivers customized, end-to-end data center solutions that help organizations achieve their digital goals while ensuring security, compliance, and efficiency.

2. Commitment to Customer Success

Sify places customer success at the heart of its operations. With a dedicated team of experts and 24/7 support, businesses can rely on Sify to provide the guidance, expertise, and resources needed to navigate complex digital challenges and scale their operations successfully.

3. Future-Ready Solutions

With the ever-evolving nature of technology, Sify ensures that its Noida data center is equipped with the latest innovations and is ready to meet the demands of the future. From supporting emerging technologies like AI, IoT, and edge computing to ensuring seamless cloud integration, Sify’s Noida data center is the ideal partner for businesses looking to stay ahead in the digital age.

Sify’s data center in Noida stands as a premier choice for businesses looking for secure, scalable, and high-performance digital infrastructure. With its strategic location, cutting-edge technology, robust security, and commitment to sustainability, the Noida data center provides businesses with the foundation they need to thrive in a rapidly digitizing world.

#noida data center #data center in noida

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ashwetu · 1 month ago

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Meticulous Research®: Global Workflow Automation Market to Reach $77.8 Billion by 2030

Meticulous Research®, a leading global market intelligence firm, has released its latest report titled "Workflow Automation Market by Offering, Type (Business Process Automation, Robotic Process Automation), Deployment, Organization Size, Application, Sector, and Geography – Global Forecast to 2030." According to the report, the global workflow automation market is set to grow at a CAGR of 21.3%, reaching a market value of $77.8 billion by 2030.

Market Growth Drivers

The expansion of the workflow automation market is driven by the increasing demand for real-time automation solutions across industries, the rising adoption of business process automation (BPA), and the growing need for improved communication and collaboration within organizations. The proliferation of cloud technologies and IoT in automation processes, coupled with the accelerating adoption of robotic process automation (RPA), presents substantial growth opportunities in the years to come.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5706

However, data privacy and security concerns remain critical challenges. Additionally, the integration and compatibility of legacy systems with modern automation tools pose difficulties for market players. Despite these challenges, emerging trends such as Automation-as-a-Service (AaaS) and the integration of artificial intelligence (AI) and chatbots are expected to shape the future of the workflow automation landscape.

Key Market Segments

The global workflow automation market is categorized by offering, type, deployment mode, organization size, application, and sector. This report provides a comprehensive analysis at both regional and country levels, giving stakeholders in-depth insights into market dynamics.

By Offering: The market is divided into software and services. In 2024, the software segment is expected to dominate, driven by rising demand for IT automation solutions and streamlined business processes. However, the services segment is expected to register a higher growth rate, spurred by the need for maintenance, training, and professional services.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/workflow-automation-market-5706

By Type: Business process automation (BPA) will account for the largest market share in 2024, driven by enterprises' focus on automating repetitive tasks and enhancing data accuracy. Meanwhile, robotic process automation (RPA) is anticipated to exhibit the highest growth rate, attributed to its ability to reduce human errors, enhance efficiency, and cut operational costs.

By Deployment Mode: On-premise solutions will maintain a larger share in 2024 due to the demand for automation systems with lower latency and higher data sovereignty. However, cloud-based deployments are expected to experience faster growth, driven by their flexibility, cost-effectiveness, and rising adoption by SMEs.

By Organization Size: Large enterprises will dominate in 2024, driven by their focus on digital transformation initiatives. However, SMEs are projected to see faster growth as they increasingly recognize the benefits of automation in boosting productivity and streamlining business operations.

Quick Buy: https://www.meticulousresearch.com/Checkout/22201102

By Application: The finance sector will hold the largest market share in 2024, driven by the growing need for enhanced financial services, improved customer experiences, and the implementation of RPA to cut labor costs. The finance sector is also expected to grow at the highest CAGR over the forecast period.

By Sector: The manufacturing industry is set to dominate in 2024, fueled by the adoption of Industry 4.0 technologies and robotic automation solutions. Meanwhile, the BFSI sector is expected to register the fastest growth due to increasing demands for fraud detection solutions and automated workflows.

Regional Insights

Asia-Pacific is expected to lead the global workflow automation market in 2024, followed by Europe and North America. This growth is driven by the region's increasing focus on digital transformation, widespread adoption of advanced technologies, and strong government initiatives promoting automation. Asia-Pacific is also projected to exhibit the highest CAGR during the forecast period, reflecting the region's growing demand for cost-efficient and scalable automation solutions.

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Leading Players

The global workflow automation market is highly competitive, with key players including:

International Business Machines Corporation (U.S.)

Software AG (Germany)

Oracle Corporation (U.S.)

Pegasystems Inc. (U.S.)

Appian Corporation (U.S.)

Microsoft Corporation (U.S.)

SAP SE (Germany)

These companies are adopting innovative growth strategies, such as partnerships, product launches, and acquisitions, to strengthen their market positions and address evolving customer demands.

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Meticulous Research® is a trusted global market research and consulting company known for delivering high-quality research and actionable insights. Our expert team helps businesses stay ahead in today’s dynamic markets.

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sanikapatil22 · 1 month ago

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Messaging Security Research – Growth Opportunities and Revenue Statistics by Forecast

Messaging Security Market Overview

Global Messaging Security Market Report 2024 presents critical information and factual data about the Messaging Security Market, providing an overall statistical study of this market on the basis of market drivers, market limitations, and its future prospects. The widespread Messaging Security market opportunities and trends are also taken into consideration in the industry. with growth trends, various stakeholders like investors, CEOs, traders, suppliers, research & media, the global manager, director, president, SWOT analysis, i.e., strengths, weaknesses, opportunities, and threats to the organization, and others.

According to Straits Research, the global Messaging Security market size was valued at USD XX Billion in 2023. It is projected to reach from USD XX Billion in 2024 to USD XX Billion by 2032, growing at a CAGR of 16.7% during the forecast period (2024–2032).

While studying the Messaging Security market growth report, we completely studied the driving forces, development trends, restraints, obstacles, and profitable challenges to demonstrate the current and future market environment. Straits Research has given a thorough analysis that includes the key market strategies based on the most recent technologies, applications, and geographies around the world. The industry is predicted to grow significantly during the forecast period because to increased Messaging Security market demand.

Competitive Landscape

Some of the prominent players operating in the Messaging Security market are

Mcafee LLC

Cisco Systems Inc.

Barracuda Networks Inc.

Microsoft Corporation

Trend Micro Incorporated

TATA Communications

Mimecast Limited

Trustwave Holdings Inc.

Sophos Ltd

Proofpoint Inc.

Forcepoint

Get Free Request Sample Report @ https://straitsresearch.com/report/messaging-security-market/request-sample

The report can help to know the market and strategize for business expansion accordingly. The strategy analysis, gives insights from market positioning and marketing channels to potential growth strategies, providing in-depth analysis for brand new entrants or existing competitors within the industry. Global Messaging Security Market Report 2024 provides exclusive statistics, data, information, trends, and competitive landscape details during this niche sector.

Global Messaging Security Market: Segmentation

As a result of the Messaging Security market segmentation, the market is divided into sub-segments, the following are:

By Component

Solution

Content Filtering

Web Filtering

Email Encryption

Data Loss Prevention

Information Protection and Control

Anti-spam/Anti-malware

Service

Professional services

Managed services

By Deployment

Cloud

On-premise

By Type

Instant SMS

By End-User

BFSI

Government

Media and Entertainment

Retail and E-commerce, Manufacturing

Healthcare

Education

Others

The report forecasts revenue growth at all geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2024 to 2032 in each of the segments and sub-segments.

You can check In-depth Segmentation from here: https://straitsresearch.com/report/messaging-security-market/segmentation

Stay ahead of the competition with our in-depth analysis of the market trends!

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Key Highlights

The introduction, product type and application, market overview, market analysis by countries, market potential, market risk, and market driving forces are all used to explain the Messaging Security Market.

Examining the manufacturers of the Messaging Security Market in terms of their profile, main line of business, news, sales and price, revenue, and market share is the aim of this study.

In order to give a general picture of the competitive environment among the top manufacturers worldwide, including sales, revenue, and market share of Messaging Security percent

To provide an example of the market segmented by kind and application, together with sales, pricing, revenue, market share, and growth rate for each segment.

To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.

To investigate the production costs, essential raw materials, production method, etc.

About Straits Research

Email: [email protected]

Address: 825 3rd Avenue, New York, NY, USA, 10022

Tel: +1 6464807505, +44 203 318 2846

#Messaging Security #Messaging Security Industry #Messaging Security Share #Messaging Security Size #Messaging Security Trends #Messaging Security Regional Analysis #Messaging Security Growth Rate

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tushar38 · 1 month ago

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Service Delivery Automation Market: Impact of AI and Robotics

Introduction to Service Delivery Automation (SDA) Market

The Service Delivery Automation (SDA) Market refers to the automation of business processes and tasks using advanced technologies such as robotic process automation (RPA), artificial intelligence (AI), and cognitive computing. SDA helps companies optimize operations, reduce costs, and improve service quality by automating repetitive tasks. This market is expanding rapidly, driven by digital transformation and a growing need for operational efficiency. SDA applications span industries such as healthcare, BFSI, and IT, as businesses strive for faster and more accurate service delivery.

The Service Delivery Automation Market is Valued USD 8.91 billion in 2024 and projected to reach USD 43.69 billion by 2030, growing at a CAGR of 25.50% During the Forecast period of 2024-2032.SDA leverages technologies like RPA, AI, and machine learning to automate routine tasks, enhancing service delivery across sectors such as finance, healthcare, and IT services. As businesses undergo digital transformation, the SDA market is projected to grow significantly. Companies adopting these solutions can streamline operations, reduce human error, and improve the customer experience.

Access Full Report :https://www.marketdigits.com/checkout/126?lic=s

Major Classifications are as follows:

By Offerings

Software

Services

By Type

IT Process Automation

Business Process Automation

By Organization Size

SMEs

Large Enterprises

By Verticals

BFSI

Healthcare

Travel, Hospitality & Leisure

IT & Telecom

Manufacturing

Transport & Logistics

Retail

Others

Key Region/Countries are Classified as Follows:

◘ North America (United States, Canada,) ◘ Latin America (Brazil, Mexico, Argentina,) ◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◘ Europe (UK,Germany,France,Italy,Spain,Russia,) ◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South

Key Players of Service Delivery Automation (SDA) Market:

Automation Anywhere Inc., Uipath SRL, IPsoft Inc., Blue Prism, Xerox Corporation, NICE Systems Ltd, Celaton Limited, Automation Anywhere Inc., Arago GmbH, Accenture Inc., and AutomationEdge Technologies Inc.

Market Drivers in the Service Delivery Automation Market:

Digital Transformation Initiatives: Companies are increasingly automating processes to improve efficiency and remain competitive.

Cost Reduction: SDA reduces reliance on manual labor for repetitive tasks, lowering operational costs.

Rising Demand for Scalability: Automation tools allow businesses to scale operations efficiently without increasing workforce size.

AI and RPA Advancements: The growing capabilities of AI and RPA technologies are boosting SDA adoption, driving market growth.

Market Challenges in the Service Delivery Automation Market:

Integration with Legacy Systems: SDA solutions often face challenges integrating with existing, outdated systems, causing operational delays.

High Initial Costs: Implementing SDA technologies, especially AI and cognitive computing, requires significant upfront investment.

Workforce Resistance: Employees may resist automation, fearing job displacement, which can create implementation barriers.

Security Concerns: The automation of services, particularly in sensitive sectors like healthcare and finance, raises cybersecurity and data privacy concerns.

Market Opportunities in the Service Delivery Automation Market:

AI and Cognitive Automation: Leveraging advanced AI technologies can unlock new efficiencies in automating complex tasks.

Vertical Expansion: Sectors such as retail, e-commerce, and education present untapped opportunities for SDA market growth.

SME Adoption: Small and medium-sized enterprises are increasingly seeking automation solutions to enhance their operational efficiency.

Globalization and Outsourcing: The global outsourcing trend creates a demand for scalable, automated service delivery solutions, boosting the SDA market.

Conclusion:

The Service Delivery Automation Market is poised for substantial growth as businesses prioritize automation to improve efficiency, reduce costs, and enhance service quality. While challenges like system integration and workforce resistance exist, the continued advancements in AI and RPA present vast opportunities. As industries increasingly adopt SDA solutions, the market will play a crucial role in driving the future of business operations across sectors worldwide.

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industrynewsupdates · 1 month ago

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Identity And Access Management Market In-Depth Analysis and Forecast, 2030

The global identity and access management market size is anticipated to reach USD 41.52 billion by 2030, registering a CAGR of 12.6% over the forecast period, according to a new study by Grand View Research Inc. Identity and access management (IAM) is a security discipline that ensures the right entities to use the right resources (data or apps). Advancements in the internet of things (IoT) and artificial intelligence (AI), rising awareness about regulatory compliance management, and increasing reliance on digital platforms & automation across industries are anticipated to drive the industry over the forecast period. The integration of IAM solutions and MDM is anticipated to drive market growth over the forecast period.The rising fraudulent and cybercrime activities are driving enterprises to implement IAM systems as a result of the rapid adoption of the cloud and the advancement of new technologies, such as AI and ML. IAM uses identity analytics and intelligence to monitor unusual user account activity.

Furthermore, IAM systems reduce the cost of services, such as outsourcing, among others. Hence, the rising enterprise identity and security concerns and the elimination of service costs drive the growth of the industry over the forecast period. Furthermore, high installation costs of identity and access management systems are expected to stifle the growth of the industry over the forecast period. The identity and access management industry is adopting the latest IAM business technologies as capital technology. These technologies have increased market opportunities for identity and access management which have been purchased and implemented in recent years. IAM contracts' market revenue necessitates extensive implementation. Hence, cloud-based IAM services and technology are becoming more accessible by the day which creates opportunities for market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Identity And Access Management Market

Detailed Segmentation:

Component Insights

On the basis of components, the global industry has been further categorized into audit, compliance & governance, directory service, multifactor authentication, provisioning, password management, and single sign-on. The provisioning sub-segment dominated the industry in 2022 and accounted for the largest share of more than 29.70% of the overall revenue. Identity management as a service provides an additional layer of security by identifying, validating, and granting individuals access to a company's information systems.

Deployment Insights

On the basis of deployment modes, the global industry has been further classified into cloud, hybrid, and on-premise. The on-premise deployment sub-segment led the market in 2022 and accounted for the largest share of more than 50.45% of the overall revenue, due to the functionality of the solution without the need for an external network connection and access through Wide-Area Network (WAN) too. The cloud-based sub-segment is anticipated to register the highest CAGR over the forecast period.

End-use Insights

On the basis of end-uses, the industry has been further classified into BFSI; energy, oil & gas; telecom & IT; education; healthcare; public sector & utilities; manufacturing; and others. The public sector & utilities end-use segment dominated the industry in 2022 and accounted for the maximum share of more than 25.00% of the overall revenue. Rising digitalization adoption, increased investment in public sector applications, and the presence of a large amount of public data that are to be stored are the factors driving the segment growth.

Regional Insights

On the basis of geographies, the industry has been further categorized into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the global industry in 2022 and accounted for the largest share of more than 36.45% of the overall revenue. Increased cases of cyber-attacks faced by firms due to increased internet penetration are among the key driving factors for regional growth.

Browse through Grand View Research's Network Security Industry Research Reports.

• The global service provider network infrastructure market size was valued at USD 139.21 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2028.

• The global next-generation firewall market size was valued at USD 4.33 billion in 2021 and is expected to expand at a CAGR of 11.1% from 2022 to 2030.

Key Companies & Market Share Insights

The global industry is highly competitive. Key players undertake various strategies, such as M&A, business expansions, and product portfolio expansions, to gain a higher market share. For instance, in May 2022, Microsoft announced the launch of a family of IAM named Entra. Entra includes its existing tools, such as Azure AD, with its new product, Decentralized Identity and Cloud Infrastructure Entitlement Management (CIEM). Entra is intended to safeguard access to any resource or application by allowing security professionals to detect and manage permissions in multi-cloud environments, allowing them to secure digital identities from end to end.

Some of the prominent players in the global identity and access management market include:

• Amazon Web Services, Inc.

• Broadcom

• One Identity LLC.

• ForgeRock

• HID Global Corp.

• IBM

• McAfee, LLC

• Microsoft

• Okta

• OneLogin

• Oracle

• Ping Identity

Identity And Access Management Market Segmentation

Grand View Research has segmented the globalidentity and access management market on the basis of component, deployment, end-use, and region:

IAM Component Outlook (Revenue, USD Million, 2018 - 2030)

• Audit, Compliance & Governance

• Directory Service

• Multifactor Authentication

• Provisioning

• Password Management

• Single Sign-On

IAM Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• Cloud

• Hybrid

• On-premise

IAM End-use Outlook (Revenue, USD Million, 2018 - 2030)

• BFSI

• Energy, Oil & Gas

• Telecom & IT

• Education

• Healthcare

• Public Sector & Utilities

• Manufacturing

• Others

IAM Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o UAE

o Saudi Arabia

o South Africa

Order a free sample PDF of the Identity And Access Management Market Intelligence Study, published by Grand View Research.

#Identity And Access Management Market #Identity And Access Management Market size #Identity And Access Management Market share #Identity And Access Management Market analysis #Identity And Access Management Industry

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maryyclark · 2 months ago

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Managed Mobility Services Research Report by Manufacturers, Region, Type and Application

Managed Mobility Services Market Information

The Managed Mobility Services Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

According to Straits Research, the global Managed Mobility Services market size was valued at USD 22.53 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 270.49 Billion by 2031, growing at a CAGR of 31.8% during the forecast period (2023–2031).

Get Free Request Sample Report @ https://straitsresearch.com/report/managed-mobility-service-market/request-sample

TOP Key Industry Players of the Managed Mobility Services Market

Hewlett-Packard

Vodafone Group PLC

Microsoft Corporation

Tech Mahindra

AT&T Inc.

Fujitsu Ltd

Kyndryl (IBM Corporation)

Wipro Ltd

Orange SA

Telefónica SA

Samsung Electronics Co. Ltd.

Global Managed Mobility Services Market: Segmentation

As a result of the Managed Mobility Services market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By Function

Mobile Device Management

Mobile Application Management

Mobile Security

Other Functions

By Deployment

Cloud

On-premise

By End-user Industry

IT and Telecom

BFSI

Healthcare

Manufacturing

Retail

Education

Other End-user Industries

Browse Full Report and TOC @ https://straitsresearch.com/report/managed-mobility-service-market/request-sample

Reasons for Buying This Report:

Provides an analysis of the evolving competitive landscape of the Automatic Rising Arm Barriers market.

Offers analytical insights and strategic planning guidance to support informed business decisions.

Highlights key market dynamics, including drivers, restraints, emerging trends, developments, and opportunities.

Includes market estimates by region and profiles of various industry stakeholders.

Aids in understanding critical market segments.

Delivers extensive data on trends that could impact market growth.

Research Methodology:

Utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches.

Validates market estimates through primary research with key stakeholders.

Estimates market size and forecasts for different segments at global, regional, and country levels using reliable published sources and stakeholder interviews.

About Straits Research

Email: [email protected]

Address: 825 3rd Avenue, New York, NY, USA, 10022

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

#Managed Mobility Services #Managed Mobility Services Industry #Managed Mobility Services Share #Managed Mobility Services Size #Managed Mobility Services Trends #Managed Mobility Services Regional Analysis #Managed Mobility Services Growth Rate #b2b #digitalmarketing #technology #trending

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tamanna31 · 2 months ago

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New Trends of Physical Security Market with Industry Analysis by 2023 – 2030

Physical Security Industry Overview

The global physical security market size was valued at USD 127.01 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The need to secure the physical environment from activities such as crime, vandalism, potential burglaries, theft, and fire incidences is one of the crucial factors expected to drive the market. Moreover, factors such as increased spending on the security to protect organization’s critical asset, adoption of cloud-based data storages, advanced analytics, as well as technological developments in access control and video surveillance are some of the key trends expected to drive the market growth.

Gather more insights about the market drivers, restrains and growth of the Physical Security Market

In addition, the shifting focus from legacy solutions such as badge readers, alarm systems, and door locks to advanced logical security which encompasses breach detection, threat management, and intrusion prevention, among others, has helped the organization and government agencies to deter crime incidence and breach at a higher success rate.

For instance, in September 2022, Axis Communications launched two multidirectional, dual-sensor cameras. They are designed for 24/7 operation in difficult lighting conditions and provide excellent wide-angle overviews and zoomed-in detailed coverage. These powerful cameras use a deep learning processing unit based on ARTPEC-8 (DLPU), making it possible to collect and analyze more data and improve processing and storage capacities.

This will help securely communicate precise information about the emergency, such as the severity, kind of danger, and position within the affected building, all before the first rescuers arrive. Governments across different countries and regions are taking up smart city initiatives to enhance their infrastructure and are hence deploying improved security systems. Additionally, modernizing the existing infrastructure with robust security measures and strengthening the security of government agencies have been some of the top priorities for governments across developed countries.

Organizations are increasingly concerned about employee safety and are hence setting up systems to prevent unauthorized access; further driving the demand for physical security solutions. The physical security environment continues to evolve globally. During the past few years, numerous sectors and leading industries such as BFSI, residential, government, and transport, among others have witnessed a swift growth in the number of security breaches.

Furthermore, the growing concerns to ensure the safety of resources, people, and vital assets, against physical threats and unique vulnerabilities are anticipated to become major factors driving the need for a robust security environment. Moreover, rising threat incidents have surged the need to strengthen efforts to maintain a highly secured physical infrastructure at residential as well as business premises.

For instance, in August 2022, Uber and ADT teamed up to integrate ADT's mobile safety solutions into the Uber app. ADT is the most reputable name in smart home and small business security. Uber users in the U.S. can now contact ADT professional monitoring specialists by phone or text to receive live assistance. By integrating ADT's 24/7 professional monitoring, Safe by ADT helps secure millions of gig economy employees and customers. It gives them access to assurance and emergency services when they most need them.

Governments across major regions are continuously involved in strengthening their physical security infrastructure to curb the growing threats. For instance, in December 2021, Axis Communications, AB., a Sweden-based company that provides services to private sectors and governments around the world, launched its body-worn camera for the private security of government officials. The body-worn cameras have advantages of multiple benefits for liability protection, personal safety, and operational efficiency.

The advent of technology such as the Internet of Things (IoT) has potentially created vulnerabilities with additional entry points into the data systems through the connectivity of physical objects. However, IoT has also widened the scope of opportunities for the consumer by enabling data protection through the advanced connected networks of the physical security system.

Furthermore, innovations and technological advancement in integrated sensors, video, and access systems for IoT-enabled devices are anticipated to spur the market at a high rate. For instance, in September 2021, Intel Corporation stated that it uses a software-based IoT platform to manage its physical security and virtual device access. Further, this also ensures that only authorized workers have physical access to the devices through keys or access credentials.

Browse through Grand View Research's Electronic Security Industry Research Reports.

• The global IR camera market size was valued at USD 7.79 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2030. As concerns about safety and security continue to rise, businesses, government agencies, and homeowners are investing in infrared camera (IR) cameras to enhance their monitoring capabilities.

• The global commercial radars market size was estimated at USD 6.44 billion in 2023 and is expected to grow at a CAGR of 7.6% from 2024 to 2030. Commercial radars are a dynamic market encompassing a wide range of applications such as aviation, marine, weather monitoring, automotive, security, etc.

Physical Security Market Segmentation

Grand View Research has segmented the global physical security market report based on the component, organization size, end-user, and region:

Physical Security Component Outlook (Revenue, USD Billion, 2017 - 2030) • Systems o Physical Access Control System (PACS) o Video Surveillance System o Perimeter Intrusion Detection And Prevention o Physical Security Information Management (PSIM) o Physical Identity & Access Management (PIAM) o Fire And Life Safety • Services o System Integration o Remote Monitoring o Others

Physical Security Organization Size Outlook (Revenue, USD Billion, 2017 - 2030) • SMEs • Large Enterprises

Physical Security End-user Outlook (Revenue, USD Billion, 2017 - 2030) • Transportation • Government • Banking & Finance • Utility & Energy • Residential • Industrial • Retail • Commercial • Hospitality • Others

Physical Security Regional Outlook (Revenue, USD Billion 2017 - 2030) • North America o U.S. o Canada o Mexico • Europe o U.K. o Germany o France • Asia Pacific o China o India o Japan • South America o Brazil • Middle East & Africa

Order a free sample PDF of the Physical Security Market Intelligence Study, published by Grand View Research.

Key Companies profiled: • Hangzhou Hikvision Digital Technology Co., Ltd. • Honeywell International, Inc. • Genetec Inc. • Cisco Systems Inc. • Axis Communications AB • Pelco • Robert Bosch GmbH • Johnson Controls • ADT LLC • Siemens

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adityarana1687-blog · 2 months ago

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Project Portfolio Management Market To Reach $12.25 Billion By 2030

The global project portfolio management market size is anticipated to reach USD 12.25 billion by 2030, registering a CAGR of 13.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing trend of bring your own device (BYOD) among businesses is expected to improve employee productivity and real-time project monitoring, thereby, making it feasible to implement project portfolio management (PPM) solutions. Multi-regional businesses are fueling the demand for project portfolio management solutions to foster effective decision-making and prevent complexities. Extensive use of PPM solutions in data analytics to offer convenient services to customers at low costs in the BFSI and IT and telecom sectors is anticipated to drive the market growth.

The global rise in urbanization and digitization has made businesses to switch toward using technology driven solutions to meet the rapid pace of business growth. Emerging businesses that adopt cloud-based services, mainly in developing economies such as Asia Pacific, are expected to fuel the PPM market growth over the forecast period. Furthermore, facilities such as low setup costs, improved security, and increased collaboration opportunities, provided by the cloud-based solutions are expected to increase business productivity and overall growth of an organization.

Project-intensive organizations across different industry verticals have recognized the advantages of the PPM solution and have employed it to automate and simplify several operations and efficiently manage project lifespan. The PPM solution offers managers and organizations with the capability to see the big picture, confirming the use of best practices, principles, solutions, and standards during the project lifespan. For organizations handling multiple simultaneous projects, the PPM solution allows the right set of resources to complete them on defined budget and deadline. Thus, the benefits offered by PPM solutions are propelling the growth of this market.

Request a free sample copy or view report summary: Project Portfolio Management Market Report

Project Portfolio Management Market Report Highlights

The information technology segment accounted for the largest revenue share of 54.1% in 2022. It is attributed to the increasing demand for more sophisticated and user-friendly PPM software that can help businesses manage their IT projects more effectively.

The software segment accounted for the largest revenue share of 68.3% in 2022, owing to the increasing demand for more sophisticated and user-friendly PPM software that can help businesses manage their projects more effectively.

The cloud segment accounted for the largest revenue share of 52.5% in 2022 and is expected to grow at the fastest CAGR of 15.2% during the forecast period.

North America dominated the project portfolio management market, with the largest revenue share of 42.0% in 2022.

Project Portfolio Management Market Segmentation

Grand View Research has segmented the global project portfolio management market based on offering, deployment, enterprise size, end use, and region:

Project Portfolio Management Solution Outlook (Revenue, USD Million, 2018 - 2030)

Information technology

New product development

Others

Project Portfolio Management Platform Outlook (Revenue, USD Million, 2018 - 2030)

Software

Services

Integration and Deployment

Support and Consulting

Training and Education

Project Portfolio Management Deployment Outlook (Revenue, USD Million, 2018 - 2030)

Cloud

On-premise

Project Portfolio Management Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)

Small & medium Enterprises

Large enterprises

Project Portfolio Management Application Outlook (Revenue, USD Million, 2018 - 2030)

BFSI

Government

Engineering & construction

Healthcare

IT & telecom

Others

Project Portfolio Management Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

France

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

Saudi Arabia

South Africa

UAE

List of Key Players of Project Portfolio Management Market

Broadcom

Celoxis Technologies Pvt. Ltd.

Changepoint Corporation

HP Development Company, L.P.

ServiceNow

Planview, Inc.

Planisware

Microsoft

Oracle

Workfront, Inc.

#Project Portfolio Management Market

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trendingreportz · 3 months ago

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Cloud Discovery Market – Forecast 2024-2030

Cloud Discovery Market Overview:

Cloud Discovery Market size is estimated to reach US$4.1 billion by 2030, growing at a CAGR of 16.4% during the forecast period 2024-2030. Growing adoption of multi-cloud environments and increasing need for compliance and security are expected to propel the growth of Cloud Discovery Market.

Additionally, one prominent trend in the cloud discovery market is the integration of artificial intelligence (AI) and machine learning (ML) technologies. AI and ML algorithms are being incorporated into cloud discovery solutions to enhance automation, intelligence, and predictive capabilities. These technologies enable more accurate identification of cloud assets, real-time monitoring of cloud environments, and proactive threat detection. By analyzing large datasets and patterns, AI-powered cloud discovery tools can provide actionable insights, streamline workflows, and improve the efficiency of cloud management processes. Another significant trend shaping the cloud discovery market is the increasing focus on hybrid and multi-cloud optimization. As organizations adopt hybrid and multi-cloud strategies to leverage the strengths of different cloud platforms, optimizing resource allocation, performance, and costs across these environments becomes essential. Cloud discovery solutions are evolving to provide comprehensive visibility and control over hybrid and multi-cloud architectures, enabling organizations to identify redundant resources, optimize workloads, and maximize cost-efficiency.

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Cloud Discovery Market - Report Coverage:

The “Cloud Discovery Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Cloud Discovery Market. AttributeSegment

By Organization Size

● Large Enterprises

● Small & Medium Enterprises

By Component

● Solutions

Application Discovery

Infrastructure Discovery

● Services

Professional Services

Managed Services

By Industry Vertical

● BFSI

● Healthcare & Life Sciences

● Telecommunications & ITs

● Retail & Consumer Goods

● Government & Public Sector

● Media & Entertainment

● Manufacturing

● Transportation & Logistics

● Others

By Geography

● North America (U.S., Canada and Mexico)

● Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe),

● Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

● South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

● Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:

● The COVID-19 pandemic has accelerated the adoption of cloud technologies as businesses shifted to remote work environments. This transition heightened the need for cloud discovery solutions to manage and secure cloud assets effectively. Organizations faced increased cybersecurity threats and compliance challenges as remote work expanded the attack surface. Consequently, demand for cloud discovery tools surged, driving market growth. Additionally, the pandemic underscored the importance of digital transformation and resilient IT infrastructures, further propelling investments in cloud discovery solution.

● The conflict in Ukraine has had complex effects on the cloud discovery market. Geopolitical tensions and cybersecurity threats have intensified, leading to increased vigilance and investment in cloud security measures. Companies are prioritizing robust cloud discovery tools to safeguard their data and infrastructure against potential cyber-attacks and disruptions. Additionally, the conflict has prompted reassessments of data sovereignty and compliance requirements, driving further demand for comprehensive cloud discovery solutions.

Key Takeaways:

● Services Dominated the Market

According to the Cloud Discovery Market analysis, in the Cloud Discovery market share, Services is analyzed to hold a dominant market share of 55% in 2023. As organizations increasingly migrate their operations to the cloud, they face complex challenges related to visibility, security, and compliance. Cloud discovery services address these challenges by providing comprehensive solutions for discovering, mapping, and managing cloud resources across multiple environments. In February 2023, Cisco introduces new cloud services in IoT Operations Dashboard to increase industrial asset visibility, securely manage assets from anywhere and provide Industrial Internet of Things (IoT) customers with a seamless path to cloud automation for Operational Technology (OT) teams. The dominance of services in this market is the expertise and specialized knowledge required to effectively manage cloud infrastructures. The services help organizations understand their cloud footprint, identify unauthorized usage, and ensure that all cloud resources comply with regulatory requirements. As businesses utilize multiple cloud platforms (e.g., AWS, Microsoft Azure, Google Cloud), managing these diverse environments becomes increasingly complex. Service providers facilitate seamless integration and management across different cloud services, offering a unified view and control over the entire cloud ecosystem. The continuous evolution of cloud technologies and the associated security threats necessitate ongoing support and updates, which are effectively managed through service engagements.

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● Telecommunications & ITs is the fastest growing segment

In the Cloud Discovery Market forecast, Telecommunications & ITs segment is estimated to grow with a CAGR of 8.2% during the forecast period. The telecommunications industry is undergoing a significant transformation with the rollout of 5G technology. The deployment of 5G networks requires robust cloud infrastructure to handle the increased data traffic and provide enhanced services such as low-latency applications, IoT integration, and advanced mobile services. Cloud discovery tools are essential for telecom operators to manage and optimize their multi-cloud environments, ensuring seamless operations, compliance, and security. ITs companies, which include IT services, business process outsourcing (BPO), and managed services providers, are increasingly adopting cloud-based solutions to improve operational efficiency and reduce costs. These organizations handle vast amounts of sensitive data and require comprehensive cloud discovery solutions to ensure data integrity, compliance with regulatory standards, and protection against cyber threats. The need for visibility into cloud resources and the ability to control and secure these assets is paramount, making cloud discovery tools indispensable. Additionally, the pandemic has accelerated the digital transformation across both telecommunications and ITs sectors. Remote work, increased reliance on digital communication tools, and the shift towards virtualized environments have amplified the demand for cloud services. As a result, there is a heightened need for effective cloud discovery and management solutions to support these transitions.

● North America to Hold Largest Market Share

According to the Cloud Discovery Market analysis, North America region is estimated to hold the largest market share of 33% in 2023. The region has a high concentration of major cloud service providers, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, which dominate the global cloud infrastructure landscape. These companies not only offer extensive cloud services but also continually innovate, driving demand for cloud discovery solutions that help organizations manage and optimize their cloud environments effectively. North America's robust technological infrastructure and advanced IT ecosystem support the adoption of cloud discovery tools. The presence of numerous tech-savvy enterprises and startups accelerates the implementation of multi-cloud and hybrid cloud strategies, necessitating sophisticated discovery tools to maintain visibility and control over diverse cloud resources. Additionally, North America's strong emphasis on cybersecurity and regulatory compliance fuels the need for cloud discovery solutions. Enterprises are increasingly required to ensure data security and compliance with regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which mandate stringent controls over cloud data management and reporting. The high adoption rate of emerging technologies such as artificial intelligence (AI), Internet of Things (IoT), and big data analytics in North America propels the need for advanced cloud discovery solutions.

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● Growing Adoption of Multi-Cloud Environments

As businesses increasingly leverage multiple cloud service providers to achieve diverse objectives such as redundancy, cost optimization, and access to specialized services, the complexity of managing these environments escalates. Cloud discovery solutions play a crucial role in addressing this complexity by providing comprehensive visibility and control across various cloud platforms. These solutions enable organizations to identify, map, and manage their cloud assets effectively, regardless of the underlying infrastructure. Multi-cloud adoption enhances flexibility and mitigates the risk of vendor lock-in, empowering organizations to choose the best-fit solutions for their specific needs. However, managing disparate cloud environments requires sophisticated tools capable of integrating and harmonizing data from different sources. Cloud discovery solutions offer centralized management capabilities, allowing businesses to streamline operations, optimize resource utilization, and enhance security across their entire cloud footprint. Therefore, the growing adoption of multi-cloud environments drives the demand for cloud discovery solutions by addressing the challenges associated with managing diverse cloud infrastructures and enabling organizations to harness the full potential of their multi-cloud strategies.

● Increasing Need for Compliance and Security

As businesses migrate their operations to the cloud, they face stringent regulatory requirements and escalating cybersecurity threats. Compliance standards such as GDPR, HIPAA, SOC 2, and others mandate strict data protection measures, making it imperative for organizations to ensure the security and integrity of their cloud environments. Cloud discovery solutions play a crucial role in meeting these compliance needs by offering comprehensive visibility into cloud assets, configurations, and activities. These tools enable organizations to monitor and audit their cloud infrastructure continuously, identify unauthorized access or configurations, and enforce compliance controls effectively. Moreover, with the escalating frequency and sophistication of cyber-attacks targeting cloud environments, organizations are increasingly investing in cloud discovery solutions to bolster their security posture. By providing real-time insights, threat detection, and remediation capabilities, cloud discovery tools empower businesses to proactively mitigate risks and safeguard their sensitive data, thereby driving the adoption of these solutions in the cloud market landscape.

● The Lack of Standardized Approaches and Tools for Cloud Discovery

With the rapid proliferation of cloud services and architectures, organizations face challenges in achieving consistent and comprehensive visibility into their cloud environments. The absence of standardized methodologies and tools complicates the process of discovering and managing cloud resources effectively. One of the primary issues stemming from this constraint is the lack of interoperability between different cloud platforms and services. Without standardized approaches, organizations struggle to integrate disparate cloud environments seamlessly, leading to inefficiencies and gaps in visibility. Additionally, the lack of standardized tools hampers collaboration and knowledge sharing among industry stakeholders. Without commonly accepted frameworks and best practices, organizations may resort to ad-hoc or proprietary solutions, further exacerbating fragmentation and hindering innovation in the cloud discovery space. Addressing this constraint requires concerted efforts from industry players, standardization bodies, and regulatory authorities to develop and promote consistent methodologies, frameworks, and tools for cloud discovery. By establishing common standards and practices, organizations can streamline cloud management processes, enhance interoperability, and foster a more robust and dynamic cloud discovery market ecosystem.

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Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Cloud Discovery Market. The top 10 companies in this industry are listed below:

ServiceNow

Amazon Web Services, Inc.

Microsoft

McAfee, LLC

IBM

Cisco Systems, Inc.

Oracle

Google LLC (Alphabet Inc.)

Netskope

Qualys, Inc.

Scope of Report:

Report MetricDetails

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

16.4%

Market Size in 2030

$4.1 billion

Segments Covered

Organization Size, Component, Industry Vertical

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

ServiceNow

Amazon Web Services, Inc.

Microsoft

McAfee, LLC

IBM

Cisco Systems, Inc.

Oracle

Google LLC (Alphabet Inc.)

Netskope

Qualys, Inc.

#Cloud Discovery Market #Cloud Discovery Market Share #Cloud Discovery Market Size #Cloud Discovery Market Forecast #Cloud Discovery Market Report #Cloud Discovery Market Growth

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riya2510 · 30 days ago

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Digital Identity Solutions Industry Report: Global Market Manufacturers, Outlook and Growth till forecast

Digital Identity Solutions Market Information

The Digital Identity Solutions Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

According to Straits Research, the global Digital Identity Solutions market size was valued at USD 25 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 116.07 Billion by 2030, growing at a CAGR of 18.6% during the forecast period (2022–2030).

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TOP Key Industry Players of the Digital Identity Solutions Market

NEC

Samsung SDS

Thales Group

GBG PLC

Telus Corp.

IDEMIA

Tessi

ForgeRock

Jumio

Refinitiv

Duo Security (Cisco)

AU10TIX

Imageware Systems

Verisec

Vintegris Tech

Smartmatic

Syntizen

IBM

RaulWalter

Global Digital Identity Solutions Market: Segmentation

As a result of the Digital Identity Solutions market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By offerings

Solutions

Hardware

Software

Services

By Solution Type

Identity Verification

Single-factor Authentication

Multi-factor Authentication

Authentication

Identity Lifecycle Management