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Showing posts from December, 2024

Event Management Software Market Growth Projected to $34.7 Billion by 2029

 The global event management software market growth will grow from USD 15.5 billion in 2024 to USD 34.7 billion by 2029 at a compounded annual growth rate (CAGR) of 17.4% during 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-ti...

Global Physical Security Information Management Industry to Surpass $4.3 Billion by 2029

Market predictions show the global physical security information management industry increasing from USD 3.5 billion in 2024 to USD 4.3 billion by 2029, with a CAGR of 4.6%. 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 systems Restraints: Compl...

Application Programming Interface Security Market to Surpass $3,034 Million by 2028

  The global Application Programming Interface Security Market size is projected to grow from USD 744 million in 2023 to USD 3,034 million by 2028 at a Compound Annual Growth Rate (CAGR) of 32.5% during the forecast period. The expansion of the API security market is propelled by a significant increase in breaches concerning APIs, rendering them a primary focus for hackers. The rise in applications and the vital role of API security in protecting both applications and integrations have further contributed to this surge. As a result, the demand for robust API security measures has increased, driving the growth of the API security market. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203580907 Application Programming Interface (API) Security Market Dynamics: Drivers: Surge in API breaches across industries Exploitation by hackers Growing complexity of ecosystem Need to safeguard applications and protect sensitiv...

Generative AI Market Worth $136.7 Billion in 2030

  The global  Generative AIMarket  size is anticipated to grow at a CAGR of 36.7% during the forecast period, from USD 20.9 billion in 2024 to USD 136.7 billion by 2030. The Generative AI Market is poised for substantial growth, propelled by several key business drivers. Factors such as development of cloud storage solutions making data retrieval effortless, advancement in AI and deep learning technologies reshaping industries, and the surge in creative content production and diverse applications collectively steer the expansion of the Generative AI Market. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142870584 Generative AI Market Dynamics: Drivers: 1.        Innovation of cloud storage enabling easy access to data 2.        Evolution of AI and deep learning 3.        Rise in content creation and creative applications Restraints: ...

5G Services Sector Worth $427.7 Billion by 2028

The 5G services sector is projected to rise from USD 98.3 billion in 2023 to USD 427.7 billion by 2028, representing 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 infrastruct...

Market for Phishing Protection to Reach $4.1 Billion by 2028

The global market for phishing protection is projected to expand from USD 2.2 billion in 2023 to USD 4.1 billion by 2028, achieving a compound annual growth rate (CAGR) of 13.5%. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=103391093 The driving force behind the rapid expansion of the phishing protection market is rooted in the persistent and adaptive nature of cyber threats, particularly the escalating sophistication of phishing attacks. Organizations are compelled to bolster their cybersecurity defenses as they grapple with the growing diversity of deceptive tactics cybercriminals employ. The prevalence of remote work arrangements and the expanding attack surface in an increasingly interconnected digital landscape further accentuate the urgency for robust phishing protection measures. The intensified regulatory landscape and the need to ensure compliance with data protection regulations fuels the demand for advanced cybersecurity solutions. In th...

Global Smart Cities Market Expected to Be Worth $1,114.4 Billion by 2028

  The global smartcities market is expected to reach USD 1,114.4 billion by 2028 from USD 549.1 billion in 2023, at a CAGR of 15.2 % during 2023–2028. Supportive policies, regulations, and government initiatives promoting sustainability, efficiency, and quality of life in urban areas drive investments in smart city projects. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=542 Smart Cities Market Dynamics: Drivers: 1.        Growth in urbanization to drive adoption of smart city solutions 2.        Artificial intelligence and machine learning to accelerate development of smart cities 3.        Need for efficient management and utilization of resources 4.        Demand for fast and efficient transport 5.        Surveillance in interest of public safety 6.     ...