The data exfiltration prevention market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. Continuous digitization of business processes across industries has been fueling the volume of data generated every day. Exponential growth in volume of sensitive data at the hands of the enterprises is driving the demand for effective and efficient solutions to prevent data exfiltration. This Read more...
The global beacon market is projected to grow at a CAGR of 35.78% to reach US$5,637.021 million by 2024, from US$899.506 million in 2018. Beacons are devices which transmit data using different technologies including Bluetooth, wi-fi, or ultrasound among others. The major factors driving the demand for these transmitters are increasing investment in proximity marketing and growing penetration of smartphone. However, data security concerns will limit the growth potential of these devices. The Asi Read more...
Advanced Driving Assistance System (ADAS) market is projected to grow at a CAGR of 18.86% during the forecast period, reaching a total market size of US$55.220 billion in 2024 from US$19.586 billion in 2018.Rising number of global road accidents has forced the governments worldwide to take necessary measures for the drivers’ safety. According to the World Health Organization (WHO), more than 1.25 million people die each year due to road traffic crashes. Government initiatives and policie Read more...
The Safety Door Switches Market was valued at US$XX billion in 2017 and is projected to expand at a CAGR of XX.XX% over the forecast period to reach US$XX billion by 2023. Safety door switches are devices used to monitor or guard doors so as to protect both people and machines. Rising security concerns across industrial and residential area is one of the main driving factor that is driving the safety door switches market growth. The market is expected to grow at a fast pace owing to the growing Read more...
The global hardware security module market is projected to grow at a CAGR of 12.51% to reach a value of US$2.234 billion by 2025, from US$1.101 billion in 2019. There is an increase in the adoption of information communication and technology, data encryption, and cybersecurity solutions across different industries including BFSI, communication, and technology, and automotive among others in order to achieve scalability, protect identities and transactions, reduce operational costs, decrease u Read more...
The embedded security market was valued at US$3.102 billion in 2017 and is projected to expand at a CAGR of 6.39% over the forecast period to reach US$4.499 billion by 2023. The major factors driving the demand for embedded security solutions are growing applications in the automotive industry, rising sales of smart devices and the trend towards digitalization. In addition, an increase in the IoT adoption will further contribute to the growing demand for different embedded security solutions. No Read more...
The global enterprise data loss prevention market is anticipated to witness a compound annual growth rate of 16.28% during the forecast period to grow to US$2.546 billion by 2023, increasing from US$1.198 billion in 2018. The global enterprise data loss prevention (DLP) market is expected to be driven by escalating demand for an optimized solution with a spike in cybersecurity threats. The trend of growing adoption of cloud and mobile within enterprise boundaries and resulting in burgeoning dema Read more...
The global radar security market is projected to witness a compound annual growth rate of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion by 2022, increasing from US$XX.XX billion in 2016. Radar security market has been showing a significant growth worldwide as a result of rising territorial conflicts and political instabilities in Asia-Pacific and Middle-East regions. The demand for advanced radar systems is increasing globally as countries constantly strive t Read more...
The mobile biometrics market was valued at US$6.888 billion in 2017 and is projected to expand at a CAGR of 33.24% over the forecast period to reach US$38.539 billion by 2023. This research study examines the Mobile Biometrics market on the basis of various segments - by authentication mode, application, industry, and geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the de Read more...
The counterfeit money detection market was valued at US$3.298 billion in 2017 and is projected to expand at a CAGR of 5.59% over the forecast period to reach US$4.569 billion by 2023. The counterfeit money detection market is growing on account of the strict government policies and regulation which prohibits the circulation of fake currency and as such many financial institutions, as well as other public places are deploying counterfeit money detectors. Research Methodology The report prov Read more...
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