Telecom and IT

The Role-based access control (RBAC) market is witnessing unprecedented growth, projected to expand from USD 8.7 billion in 2022 to USD 15.5 billion by 2027, at a robust Compound Annual Growth Rate (CAGR) of 12.2%. This expansion is driven by the growing need for secure access management solutions across industries, fueled by rising cybersecurity threats and increasing regulatory compliance requirements. According to a recent report by  MarketsandMarkets , this growth is underpinned by advancements in solutions and services, and a greater emphasis on protecting sensitive organizational data while enabling seamless access for authorized users. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=46615680 Understanding the Market Dynamics Services Segment Leading the Charge The services segment is set to experience the highest growth during the forecast period. It includes: Implementation & Integration : Seamless deployment of RBAC systems tailor...

 According to a recent research report by MarketsandMarkets , the Data Center Networking Market is projected to grow from USD 37.6 billion in 2024 to USD 64.2 billion by 2029 , at a remarkable CAGR of 11.3% . This growth is primarily driven by the rise in digitalization, automation of businesses, and the increasing adoption of advanced networking technologies. Key Insights into the Data Center Networking Market Enterprise Segment: Leading Market Growth Enterprises are spearheading the growth in the data center networking market, thanks to their focus on leveraging innovative networking technologies. These solutions address the challenges posed by increasing data volumes while ensuring high availability and reliability of IT operations. Technological advancements in Artificial Intelligence (AI) and Machine Learning (ML) have significantly enhanced capabilities such as: Network Planning and Optimization Threat Detection Root Cause Analysis Resource Forecasting Investments in Soft...

According to the latest research report by MarketsandMarkets , the global cybersecurity market is set to grow from USD 190.4 billion in 2023 to USD 298.5 billion by 2028 , achieving a CAGR of 9.4% . This growth is fueled by the increasing sophistication of cyber threats and the proliferation of digital transformation initiatives across industries. In today’s hyperconnected world, the cybersecurity landscape is evolving rapidly. As organizations adopt advanced technologies like cloud computing , AI , and the Internet of Things (IoT) , the demand for robust cybersecurity measures is greater than ever. This blog explores the dynamics of this growth, with insights into key verticals, offerings, and regional trends driving the cybersecurity market. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=505 Key Growth Drivers 1. Rising Cyber Threats The digital age has brought a surge in cyberattacks, both in volume and complexity. Threat actors continue to tar...

The maritime industry is on the cusp of a significant transformation, driven by the growing demand for safety systems designed to tackle complex supply chain operations and enhance sustainability. According to a detailed research report published by MarketsandMarkets , the global Maritime Safety System Market is set to grow from USD 30.2 billion in 2024 to an impressive USD 47.8 billion by 2029 , reflecting a robust CAGR of 9.6% . This growth is underpinned by increasing awareness about maritime safety, stringent regulatory compliance, and the expanding volume of global marine trade and freight transport. Here's an in-depth look at the key factors driving this market forward. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1033 Key Market Insights 1. Services Segment Driving Growth The services segment is poised to achieve the highest CAGR during the forecast period. Technical support, consulting services, and cloud-based platforms are transformin...

 According to MarketsandMarkets' latest research, the Edge Computing Market is projected to grow from USD 60.0 billion in 2024 to USD 110.6 billion by 2029 , achieving a compound annual growth rate (CAGR) of 13.0% . As the Internet of Things (IoT) continues its rapid expansion, edge computing has emerged as a critical enabler for real-time data processing, especially for industries demanding efficient decision-making close to the data source. This trend is reshaping fields like manufacturing, transportation, healthcare, retail, and energy by bringing computing power closer to where data is generated. The Role of Edge Computing in Industry Transformation Edge computing has redefined data processing by localizing data analysis, minimizing latency, and optimizing network bandwidth. Coupled with IoT, it provides industries with a robust framework to support instant data analytics and responsive systems, promoting both efficiency and agility. Manufacturing : Real-time data processing a...

The global AI in finance market is on a rapid growth trajectory, projected to surge from USD 38.36 billion in 2024 to an impressive USD 190.33 billion by 2030, with a compound annual growth rate (CAGR) of 30.6%. According to a MarketsandMarkets report, this growth reflects AI’s transformative impact on financial services, reshaping customer experiences, optimizing operations, and enhancing decision-making capabilities. The report covers 365 pages of in-depth analysis, including 320 market data tables and 65 figures, detailing AI applications like algorithmic trading, virtual assistants, and robo-advisors. The report provides insights on the AI technology landscape across various applications, including fraud detection, risk management, trend analysis, financial planning, and forecasting. Download PDF Brochure :  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90552286 1. AI-Driven Chatbots and Virtual Assistants Fueling Market Growth Chatbots and virtual assistants have be...