Identity & Access Management Market Growth Reaches $34.3 Billion by 2029
The global Identity and Access Management Market size is projected to grow from USD 22.9 billion in 2024 to USD 34.3 billion by 2029 at a CAGR of 8.4% during the forecast period.
The IAM market is primarily driven by the rise in cyber threats and data breaches, the adoption of cloud-based services, stringent regulatory compliance requirements, and shifting towards remote work. These factors necessitate...
US Digital Identity Solutions Market Size Projected at $34.03 Billion by 2030
The US Digital Identity Solutions Market size is projected to grow from USD 11.89 billion in 2024 to USD 34.03 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period.
An expansion in US internet usage has led to the increasing demands for protected digital identity platforms because businesses together with end-users required protected online transactions along...
US Identity Verification Market Size Expected to Hit $21.8 Billion by 2028
The US identity verification market size is projected to grow from USD 10.9 billion in 2023 to USD 21.8 billion by 2028 at a compound annual growth rate (CAGR) of 14.9% during the forecast period.
The rising prevalence of digital fraud in the US has led to a significant increase in the use of identity verification measures. According to the FTC, consumers reported losing a record USD 10 billion...
Global Security Service Edge Market: Growth Projections to $23.01 Billion by 2030
The global Security Service Edge Market will grow to USD 23.01 Billion by 2030 from USD 6.08 Billion in 2024, at a CAGR of 24.8% during 2024 – 2030.
The major drivers of the market growth of the SSE market are the widespread adoption of remote work which has led organizations to provide secure, flexible, and scalable network and security infrastructure to support remote workforces effectively....
Navigating the US Data Center Boom: Competition, Regulations, and Sustainability
The datacenter solutions market in the US is experiencing robust growth, driven by the surge in cloud computing, edge computing, and the increasing adoption of artificial intelligence (AI). Enterprises are concerned with scalable, energy-efficient, high-performance infrastructure for growing data processing needs. Hyperscale data centers lead the landscape, with players like Microsoft, Amazon...
Quantum Communication Market Size Expected to be $5.54 Billion by 2030
The global quantum communication market size is projected to grow from USD 0.74 billion in 2024 to USD 5.54 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 39.6% during the forecast period.
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Quantum communication technology is mainly driven by – the greater need for data protection....
DDoS Protection & Mitigation Security Market Growth Forecast Reaching $9.63 Billion by 2029
The global DDoS protection & mitigation security market size is projected to grow from USD 5.17 billion in 2024 to USD 9.63 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period.
A DDoS attack has become frequent, and its advancement has increased as businesses’ dependence on the internet increases. The use of IoT devices has increased because several...
OTT Market Size to Expand to $434.5 Billion by 2027
The global OTT market size is expected to grow from USD 202.5 billion in 2022 to USD 434.5 billion by 2027, at a CAGR of 16.5% during 2022–2027. Rise in demand of OTT services during lockdown, global and local players offering freemium models in price-sensitive markets, internet proliferation with penetration of smart devices, and flexibility and ease-of-use to offer seamless customer experience...
AI in Customer Support: Enhancing Efficiency and Customer Satisfaction
The integration of Artificial Intelligence (AI) into customer service is revolutionizing how businesses interact with their clients. By leveraging AI technologies, companies can anticipate customer needs, streamline interactions, and enhance overall satisfaction.
Market Growth and Projections
The AI for customer service market is experiencing significant expansion. According to a report...
Quantum Key Distribution Market Analysis Predicts $2.63 Billion by 2030
The global Quantum Key Distribution Market size is projected to grow from USD 0.48 billion in 2024 to USD 2.63 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 32.6% during the forecast period.
The growing need for secure data transmission is driving increased investments in R&D for QKD solutions from both public and private sectors. Government-backed initiatives, such as the...