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Showing posts from November, 2024

AI Model Risk Management Market Poised to Reach $10.5 Billion by 2029

 The AI Model Risk Management Market  is projected to grow from USD 5.7 billion in 2024 to USD 10.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.9% during the forecast period. The AI Model Risk Management Market market is expected to grow significantly during the forecast period by increasing the need to establish robust security protocols, monitor compliance and respond effectively to emerging threats, the rising need to automate risk assessment for degraded manual errors, and the need to automate model lifecycle, improve efficiency and surge quality of the final production models. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=145025445 AI Model Risk Management Market Dynamics: Drivers: The increasing need for robust security protocols is a key driver. Businesses must protect sensitive data and systems in today's digital landscape. Compliance with regulatory requirements is crucial for business...

Global 5G Services Market to Surpass $427.7 Billion by 2028

The global 5G services market size is estimated to expand from USD 98.3 billion in 2023 to USD 427.7 billion by 2028, at a CAGR of 34.2%. The innovative concept of network slicing in 5G represents a transformative leap in network customization, offering virtual, dedicated slices tailored to the unique requirements of specific applications or services. This capability is a pivotal driver for the diverse range of use cases enabled by 5G technology. For massive IoT deployments, network slicing allows the creation of dedicated slices optimized for handling many connected devices with varying communication needs. Simultaneously, in ultra-reliable low-latency communication (URLLC) scenarios, such as mission-critical applications in healthcare or industrial automation, dedicated slices ensure the stringent demands for real-time responsiveness and reliability are met. Network slicing thus becomes a crucial proponent in the adaptability of 5G, fostering a flexible and efficient network infrast...

ESG Reporting Software Market Growth Forecast to $2.1 Billion by 2029

 The ESG reporting software market growth is expected to grow from USD 0.9 billion in 2024 to USD 2.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period. ESG reporting software provides comprehensive tools for tracking, managing, and reporting on environmental, social, and governance metrics. The software integrates various data sources and technologies to ensure accurate and insightful reporting, including real-time data feeds, IoT sensors, sustainability frameworks, regulatory guidelines, and stakeholder inputs. These solutions enable companies to monitor their ESG performance, identify areas for improvement, and demonstrate their commitment to sustainability and ethical practices to investors, regulators, and the public. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173110129 ESG Reporting Software Market Dynamics: Drivers Consistent growth in corporate data volume Proliferation i...

Event Management Software Market Projected at $34.7 Billion by 2029

The event management software market is estimated to grow from USD 15.5 billion in 2024 to USD 34.7 billion by 2029, with a CAGR of 17.4% over the forecast period.  The event management software market increasingly emphasizes data analytics and insights-driven event management. Modern event management solutions leverage data analytics to track attendee behavior, measure event performance, and gather feedback for continuous improvement. By analyzing metrics such as attendance rates, session popularity, and attendee satisfaction scores, organizers can gain valuable insights to refine marketing strategies, personalize the event experience, and maximize event success. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136859992 Event Management Software Market Dynamics: Drivers: Rising demand to manage data and automate event management tasks Compelling need to save time and money with real-time data analysis Growth in use of s...

Enterprise Content Management Industry to Achieve $78.4 Billion by 2029

The global enterprise content management industry is predicted to grow from USD 47.6 billion in 2024 to USD 78.4 billion by 2029, reflecting a CAGR of 10.5%. The increasing volume of digital content drives the enterprise content management market, and organizations must manage it efficiently. With the rapid growth of data, organizations face challenges related to content creation, storage, retrieval, and security. ECM solutions help organizations streamline content management processes, improve collaboration, and ensure compliance with regulatory requirements. They enable organizations to access their content from anywhere, anytime, using any device, making them ideal for remote work environments and distributed teams. Additionally, ECM solutions eliminate the need for organizations to invest in expensive hardware and infrastructure, making them an attractive option for small and medium-sized businesses. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id...

Communication Test and Measurement Market on Track to Reach $14.9 Billion by 2029

 The communication test and measurement market size is projected to grow from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, at a CAGR of 9.1% during the forecast period. With the increasing demand for higher data rates and bandwidth in both consumer and enterprise applications, there's a need for more sophisticated test and measurement equipment capable of accurately assessing the performance of communication networks and devices. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1309 The rapid expansion of the Internet of Things (IoT) and the need for seamless global connectivity are driving the demand for robust test and measurement solutions. IoT devices often operate in diverse environments and require reliable communication protocols, leading to increased testing complexity. The ongoing rollout of 5G networks worldwide is driving significant demand for test and measurement solutions capable of validating 5G performance, including net...

Physical Security Information Management Market to Achieve $4.3 Billion by 2029

The physical security information management market worldwide is anticipated to expand from USD 3.5 billion in 2024 to USD 4.3 billion by 2029, growing at a CAGR of 4.6% throughout the forecast period. The integration of cloud-based solutions and advanced technologies like AI, ML, and blockchain has propelled the rapid growth of PSIM adoption. Cloud-based PSIM solutions offer remote accessibility and cost reductions, while AI, ML, and blockchain integration automate processes, enhance threat detection, and secure data exchange. These combined advancements in PSIM systems cater to organizations' demands for scalable, cost-effective, and efficient security solutions, driving significant expansion in the PSIM market. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133712085   Physical Security Information Management (PSIM) Market Dynamics: Drivers: Rising concerns over security threats Need for integrating multiple security syst...

DDoS Protection & Mitigation Security Market Size Predicted at $9.63 Billion by 2029

The DDoS protection and mitigation security market size is projected to increase from USD 5.17 billion in 2024 to USD 9.63 billion by 2029, reflecting a CAGR of 13.2% during this period. DDoS protection and mitigation security growth is driven by several factors, such as the increase and advancement in DDoS attacks, which have created awareness of cyber threats. While the increased use of IoT devices has widened the exposure point, the transition towards the cloud emphasizes achieving protection in scale. Also, cost factors increase consciousness of the legal obligations and defensive potential loss of financial and reputational results from cyber-attacks, forcing organizations to put sound security systems in place. The new generation of the telecommunication network, that is, the 5G network, and the emergence of multi-vector threats also fuel the need for better mitigation strategies. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111952874 DDoS ...