ICT Market Research Reports

  The IIoTplatform market share is projected to grow from USD 9.5 billion in 2023 to USD 18.2 billion in 2028, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. The growth of the Industrial IoT (IIoT) platform market is primarily driven by the increasing demand for operational efficiency, advancements in IoT technologies, and a strong emphasis on safety and security. Industries are adopting IIoT platforms to optimize processes, leverage technological advancements, and enhance safety measures. With real-time data collection and analysis, businesses can make data-driven decisions, improve productivity, and mitigate risks. The scope of the IIoT Platform Market has widened over the years, Industries across various sectors, such as manufacturing, energy, transportation, and healthcare, are striving to improve their operational efficiency. IIoT platforms enable the collection, analysis, and utilization of real-time data from connected devices, machinery, and...

  The global applicationintegration system market trends are projected to grow from 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Heavy IoT investments are driving the growth of the application integration market. Professional services segment to lead application integration market during the forecast period Professional services include the assistance provided by external sources to companies that support businesses of all sizes and across industries. Professional services are categorized into three types: consulting, integration, and support and maintenance and are delivered to customers after the purchase of a product. The services are an integral part of deploying the solutions in an organization, imparting training, handling, and maintaining the use of the software. Application Integration Market Advantages ·          Businesses can connect thei...

  The Quantum Cryptography market size is estimated at USD 0.5 billion in 2023 and is projected to reach USD 3.0 billion by 2028, at a CAGR of 41.2% from 2023 to 2028. Factors such as increasing number of cyber threats and attacks; and digital transformation initiatives are positively driving the growth of Quantum Cryptography market. However, lack of expertise and technical implementation challenges to hinder the market growth.   By offering, Solutions segment to account for a larger market size during the forecast period Quantum cryptography solutions protect and future-proof data communication for the secure transmission of sensitive information. Solution segment further includes QKD, QRNG, and other solutions such as quantum-safe cryptography and quantum key management. Apart from this segment, quantum cryptography also includes the revenue generated from virtual encryptors, key and policy managers, quantum cryptography communication devices, quantum security gatewa...

  The global SASE market growth is projected to grow from USD 1.9 billion in 2023 to USD 5.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period.   The growing preference for remote working practices, the increase in traffic across public clouds, and the rising dependence on data centers will drive the market. Also, the need for a unified and simplified approach to strengthen network security will drive the SASE market. Large Enterprises segment to hold the highest market share during the forecast period Many large enterprises are adopting a cloud-first strategy by migrating their applications and data to the cloud. SASE enables secure access to cloud applications and data from anywhere without compromising security. Also, Large enterprises are increasingly investing in new and the latest technologies, such as AI, ML, analytics, edge computing, and hybrid and multi-cloud technologies, to support digital transformation. Major ...

  The global 5G IoT market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. Heavy IoT investments are driving the growth of the 5G IoT market. SMEs segment to have higher growth rate during forecast period SMEs are small independent firms that employ less than 1,000 employees. A digital transformation is expected for SMEs with the 5G network technology. 5G network will not just be a technological connection but will affect different sectors and industries and encourage innovation in small companies. The SMEs segment is the fastest-growing segment. It faces several problems, such as limited capital and knowledge, non-availability of proper technology, ineffective marketing policy, identification of new markets, restraints on modernization and expansions, and non-availability of highly skilled cost-effective labor. Better connectivity, improved product quality, decrea...

  The MEA Cybersecurity Market Share is estimated at USD 22.2 billion in 2023 and is projected to reach USD 36.2 billion by 2028, at a CAGR of 10.2% from 2023 to 2028. Factors such as increasing number of cyber threats and attacks; and digital transformation initiatives are positively driving the growth of Middle East and Africa cybersecurity market. Furthermore, growth of eCommerce and digital payments along with stringent regulations and compliance requirements are also contributing to drive the market growth. By Organization Size, SMEs segment is expected to grow at a higher CAGR during the forecast period As SMEs increasingly adopt digitalization, they are exposed to new security risks. This leads the IT teams in SMEs to invest in incorporating improved digital security Middle East and Africa through adopting cybersecurity solutions. Cybercriminals take advantage of the poor security infrastructures of SMEs by using automation techniques to target their networks. SMEs are ...