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Maritime Information Market Trends 2023- Global Industry Share, Growth Drivers, Business Challenges, Future Opportunities and Competitive Analysis till 2033: SPER Market Research

admin February 1, 2024 Business, IT Industry, News

For those seeking marine licences and those making decisions, the Marine Information System (MIS) is an interactive platform that facilitates the execution of marine plans. It offers examples of how to take these principles into consideration and presents policies for all approved maritime plans in an easily accessible online format. In accordance with the Marine and Coastal Access Act of 2009, the data is made available to stakeholders so they may use it to inform applications for marine licences or as guidance when applying marine plans to decision-making for public bodies in charge of examining applications.

According to SPER market research, ‘Maritime Information System Market Size– By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Maritime Information Market is predicted to reach USD 4.07 billion by 2033 with a CAGR of 8.76%.

The market is mostly driven by growing concerns about environmental protection, maritime safety, and security. The necessity for reliable data and information systems in the maritime industry is being highlighted by occurrences including environmental disasters, piracy, and maritime accidents. Furthermore, ship owners and operators are spending more money on cutting-edge information systems and technologies that offer real-time analytics, tracking, and monitoring. By enabling proactive risk management, these technologies guarantee the security of cargo, crew, and ships. In addition, the marine industry is being subjected to strict laws and reporting requirements by international organisations and regulatory agencies, which is driving up demand for complete maritime information solutions that guarantee compliance and transparency. All things considered, the need to improve environmental stewardship, safety, and security in the maritime industry is fostering the expansion of the market.

The worldwide maritime information sector has enormous growth and promise, but it also faces a number of obstacles. The absence of uniformity and compatibility between the various maritime information systems and solutions is one of the main obstacles. This may result in inefficiencies, higher expenses, and trouble integrating various systems. The high expense of developing and maintaining maritime information systems is another issue, which may prevent certain organisations from adopting them. Furthermore, the marine sector is susceptible to cyberattacks that could interrupt operations and damage critical data, making cybersecurity concerns a serious problem. Lastly, the industry may also be impacted by regulatory issues including adhering to privacy and data protection laws.

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Impact of COVID-19 on Global Maritime Safety System Market

The COVID-19 epidemic had long-lasting effects on the world’s maritime trade and transportation sectors. Restrictions associated to pandemics had an adverse impact on supply chains, ports, and shipping operations. During the crisis, marine vessel operators faced a number of difficulties, including manpower and equipment shortages, lead-time delays, cancelled sailings, port closures, shortened operating hours, and limitations on transportation capacity. The smooth operation of supply networks and trade flows was endangered by these issues, which severely disrupted transportation services. Numerous countries and regions’ maritime industries released a number of port marine circulars in reaction to the COVID-19 pandemic.

Maritime Information Market Key Players:

Geographically, Europe held the greatest market share due to its considerable marine activities, which included port operations, shipping, and offshore oil development. Norway, Denmark, and the Netherlands are three of the region’s leading maritime economies. There is a strong need for cutting-edge maritime information systems because European nations place a high priority on environmental sustainability, technical innovation, and maritime safety. Additionally, some of the key market players are Northrop Grumman Corp, Oneocean, ORBCOMM Inc, Polestar, Saab AB, Siemens AG, and others.

Maritime Information Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Application: Based on the Application, Global Maritime Information System Market is segmented as; Automatic Identification System, Maritime Information Analytics, Maritime Information Provision, Satellite Imaging, Synthetic Aperture Radar, Vessel Identification and Tracking, Others

By End User: Based on the End User, Global Maritime Information System is segmented as; Commercial, Government.

By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Maritime Safety System Market Revenue

Generative AI Market Size- By Component, By Technology, By End Users- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Video Processing Solutions Market Share, Upcoming Trends, Industry Growth, Revenue, Key Players, CAGR Status, Business Challenges, Future Opportunities and Forecast Analysis till 2033: SPER Market Research

admin January 31, 2024 Business, IT Industry, News

The Global Video Processing Platform Market is thoroughly examined in the study, along with its size and trends, product mix, applications, and supplier analysis. An asynchronous solution for online picture hosting, designing, searching, and uploading is a video processing platform. It makes quick work of recording, controlling, and displaying video content, making it ideal for use in communication, education, and entertainment. These platforms include with libraries, SDKs, and example files for video solutions, and they provide flexible choices for on-demand videos as well as accelerating live and group broadcasts for increased audience interaction. To the advantage of scientists, developers, and researchers, they make use of the processing capacity of GPUs and other hardware units. The market is driven by rising demand for multiscreen video-on-demand applications, technical developments, and increased expenditure on security and surveillance.

According to SPER market research, ‘Video Processing Platform Market Size- By Content Type, By Vertical, By Application, By Component, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Video Processing Platform Market is predicted to reach USD 33.96 billion by 2033 with a CAGR of 16.74%.

The global market for video processing platforms is growing due to a number of causes. First of all, there’s a growing audience that wants better movies. As people’s expectations for video content rise, software that can handle and improve videos is needed. Second, there is an increasing demand for transcoding, or the act of changing the format and resolution of videos. This is required to distribute media to a wider range of end consumers since different platforms and devices may require different video formats to playback content correctly. Thirdly, the need for device compatibility in videos is growing. With the increasing popularity of smartphones, tablets, smart TVs, and other devices, video processing software is necessary to ensure that films play smoothly on several platforms.

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Nonetheless, a number of obstacles are impeding the operations and expansion of the global market for video processing platforms. One difficulty is the growing complexity of video resolutions and formats. Video processing platforms need to constantly upgrade and adapt in order to keep up with the ever-changing landscape brought about by the arrival of new devices and technologies. Second, real-time video processing is in demand. The demands of live streaming and instantaneous video delivery place a strain on video processing platforms’ capacity for quick processing and effective management of massive data volumes.

Impact of COVID-19 on Global Video Processing Platform Market

The global market for video processing platforms has been significantly impacted by the COVID-19 epidemic. First of all, there was an increase in demand for watching video content when social isolation measures and lockdowns were implemented. As people spent more time at home, they began to use video platforms for communication, education, and pleasure. This resulted in a sharp increase in online video consumption and video streaming. Second, the process of making and disseminating movies was hampered by the pandemic. Production hold-ups, filming restrictions, and collection prohibitions all made it more difficult to create and distribute new video material. The availability of fresh content for platforms that handle video was directly impacted by this.

Video Processing Platform Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; JW Player Inc, Kaltura Inc, Mediakind, Mediamelon Inc, Mux, NVIDIA Corporation, Qumo Corporation, Seachange International Inc, Synamedia, Others.

Global Video Processing Platform Market Segmentation:

By Application: Based on the Application, Global Video Processing Platform Market is segmented as; Content Rendering, Dynamic Ad Insertion, Video Hosting, Video Transcoding and Processing, Video Upload and Ingestion, Others.

By Component: Based on the Component, Global Video Processing Platform Market is segmented as; Hardware, Platform, Services.

By Content Type: Based on the Content Type, Global Video Processing Platform is segmented as; Live, On-Demand.

By End User: Based on the End User, Global Video Processing Platform is segmented as; Content Providers, Network Operators, TV Broadcasters.

By Vertical: Based on the Vertical, Global Video Processing Platform Market is segmented as; BFSI, Education, Government, Healthcare and Lifesciences, IT and Telecommunications, Manufacturing, Media and Entertainment, Retail and Consumer Goods, Others

By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link: –

Video Processing Platform Market Future Outlook

Australia Cyber Security Market Size- By Security Type, By Solutions Type, By Deployment Mode, By End Use Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

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Japan Data Center Colocation Market Growth 2023, Rising Trends, Industry Share, Revenue, CAGR Status, Challenges, Future Opportunities and Forecast Till 2033: SPER Market Research

admin January 31, 2024 IT Industry, News

Leases of physical space, network bandwidth, and other computing resources within an existing data centre infrastructure are made possible via a service called data centre colocation. Typically available in retail and wholesale configurations, these data centres have built-in networking components, cooling mechanisms, information protocols (IP), and backup power systems. Colocation data centres provide enhanced dependability, scalability, cost-effectiveness, closeness to end users, and fewer technical staffing needs than traditional data centres. Their wide range of applications thus encompasses numerous industries, such as the banking, financial services, insurance (BFSI), healthcare, information technology (IT), manufacturing, energy, government, and retail domains.

According to SPER market research, ‘Japan Data Center Colocation Market Size- By Type, By End User Industry, By Organization Size – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Japan Data Center Colocation Market is predicted to reach USD XX Billion by 2033 with a CAGR of 15.1%.

DRIVING FACTORS:

Rising Data Volume:

AI, ML, and big data analytics are examples of data-intensive applications that Japanese firms are becoming more and more reliant on, and they require a significant amount of processing power and storage. Data centre colocation services are essential for effective data management since Japan’s booming e-commerce industry generates enormous amounts of transactional and customer data. A constant data flow is further facilitated by the proliferation of IoT devices, which colocation data centres effectively manage.

Disaster Preparedness:

Due to Japan’s susceptibility to earthquakes and natural disasters, colocation facilities prioritize seismic-resistant designs, safeguarding critical data and infrastructure. Providers implement redundancy and backup systems to ensure uninterrupted operations during power outages or disasters. Businesses often opt for colocation across diverse geographic regions in Japan to minimize the risk of simultaneous operational disruptions.

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CHALLENGES: Nonetheless, there are still challenges with the Japan data centre colocation business. The expansion of data centre infrastructure is hampered in metropolitan settings, particularly in highly populated cities like Tokyo, due to space constraints. Securing adequate locations for large-scale centres is made more difficult by high real estate expenses. Because of the nation’s vulnerability to typhoons and earthquakes, strong recovery plans are required, which raises operating expenses. Achieving equilibrium between the increasing need for sophisticated services and the necessity of strict security and readiness for emergencies is a complex obstacle. In order to overcome these obstacles, suppliers need to be creative, strengthen the robustness of their infrastructure, and adapt to the changing needs of companies looking for trustworthy colocation services in Japan.

COVID Impact: Initially, Japan’s data centres were severely impacted by the COVID-19-induced pandemic. As remote work and online learning become more common, there was a rapid increase in the use of the internet and other apps, which had an impact on data centre performance. To satisfy the rising demand for data centres, Japan swiftly expanded its data centre infrastructure in reaction. Data centres were established during the pandemic by both the public and corporate sectors. Thus, the COVID-19 period saw tremendous growth in the Japanese data centre market. Throughout the forecast period, the market is anticipated to expand gradually as well.

Additionally, some of the market key players are Arteria Networks Corporation, AirTrunk Operating Pty Ltd., Colt Technology Services, NEC Corporation, netXDC (SCSK Corporation), NTT Ltd., Zenlayer Inc., Others.

Japan Data Center Colocation Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Fuel Type: Based on the Fuel Type, Asia-Pacific Aviation Fuel Market is segmented as; Air Turbine Fuel, Aviation Biofuel, Others.

By Application: Based on the Application, Asia-Pacific Aviation Fuel Market is segmented as; Commercial Aircraft, Military Aircraft, General Aviation.

By Region: This research also includes data for China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Thailand, Malaysia, Vietnam, Philippines, Singapore, Rest of Asia-Pacific.

For More Information, refer to below link:-

Japan Data Center Market Trends

Procurement Analytics Market Size- By Component, By Deployment Mode, By Enterprise Size, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Cloud Migration Services Market Growth 2023, Global Industry Share, Revenue, Emerging Trends, CAGR Status, Future Opportunities and Forecast Till 2033: SPER Market Research

admin January 29, 2024 Business, IT Industry, News

A collection of procedures known as “cloud migration” assists end users in moving their corporate operations, procedures, and applications to cloud computing environments or cloud infrastructure. Moving one’s legacy IT infrastructure to the public cloud environment is the main component of migration. Due to its superior security architecture, private or hybrid cloud migration solutions are preferred by many industries, including BFSI and healthcare. It has been shown that legacy infrastructure is antiquated and unstable, which increases storage needs. As a result, several sectors have implemented cloud migration services, which entail moving all company processes to the cloud, to support the expansion and agility of their enterprises. Therefore, it is anticipated that the market for cloud migration services would expand significantly over the next several years.

According to SPER market research, ‘Cloud Migration Services Market Size- By Service Model, By Applications, By Deployment Mode, By Organization Size, By Industrial Vertical- Regional Outlook, Competitive Strategies, and Segment Forecast to 2033′ state that the Global Cloud Migration Services Market is predicted to reach USD XX Billion by 2033 with a CAGR of 26%.

Drivers:

The global cloud migration services market is experiencing significant growth driven by the inherent advantages of reduced capital expenditures (CAPEX) and operational expenditures (OPEX). The pay-per-use model in cloud computing enables companies to shift from traditional upfront investments in hardware and infrastructure, eliminating the need for substantial initial CAPEX. This financial flexibility allows businesses to allocate resources more efficiently and redirect capital towards core operations. Moreover, cloud migration services contribute to lower ongoing operational costs by streamlining maintenance, updates, and system management. The ability to operate on a pay-as-you-go model not only optimizes costs but also provides organizations with the agility to scale resources as needed, fostering a cost-effective and responsive IT environment. This dual benefit of cost efficiency through reduced CAPEX and OPEX is a compelling driver fueling the adoption of cloud migration services on a global scale.

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Challenges:

Redesigning networks to go from on-premises to the cloud necessitates large upfront costs, which can be challenging, particularly for SMEs with tight budgets and resources. Also, the majority of businesses have discovered that the cloud deployment update is expensive and complicated.

Businesses must address several concerns in addition to network design to support their complex infrastructure configuration. Managing workloads across various cloud development models, measuring performance, and achieving visibility are all highly challenging tasks. Because of the deployment structure and techniques needed to construct and manage cloud migration, complexity is the main hurdle in cloud migration.

COVID-19 Impact

The shift to the cloud has been expedited by the COVID-19 epidemic. To improve the perceived utility and use of the cloud, implementers and CSPs must now set up procedures that facilitate simpler installation and are backed by more robust security and audit gateways.

The cloud provides a wide range of deployment options. Businesses can process data on the cloud and store it on their infrastructure if they so want. Flexibility and scalability appeared to be the main justifications for cloud migration since the COVID-19 epidemic quickly interrupted organizations and procedures.

Key Players & Prominent Regions

Prominent participants in this industry include IBM Corporation, SAP SE, Google LLC, Capgemini, Amazon Web Services, Inc., Microsoft, Hewlett Packard Enterprise Development LP, Accenture, VMare, Inc., NTT DATA Americas, Inc., Tata Communications, Wipro, Kyndryl Inc., Vodafone Limited, Veritis Group Inc., and others. These key players contribute significantly to the sector, leveraging their expertise to shape and influence market dynamics. Prominent Regions covered are North America, Europe, APAC, MEA, South America, and Others

Global Cloud Migration Services Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Service Model: Based on the Service Model, Global Cloud Migration Services Market are segmented as; Managed Services, Professional Services, Automation and integration, Disaster Recovery, Application hosting and monitoring, DevOps, Training and consulting, Support and maintenance, and others.

By Organization size: Based on the Organization size, Global Cloud Migration Services Market is segmented as; Large enterprises, small and medium enterprises.

By Applications: Based on the applications, Global Cloud Migration Services Market is segmented as; Project management, infrastructure management, security and compliance management, and others.

By Industrial Vertical: Based on the Industrial Vertical, Global Cloud Migration Services Market are segmented as BFSI Manufacturing, Healthcare and life sciences, IT and Telecommunications, Consumer goods and retail, Government and public sector, Media and entertainment, and others.

By Deployment mode: Based on the Deployment Mode, Global Cloud Migration Services Market is segmented as Public cloud, private cloud, hybrid cloud, and others

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Cloud Migration Services Market Scope

Asia Pacific Set-Top Box Market Size- By Service Type, By Product, By Resolution, By End User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Australia Cyber Security Market Share, Upcoming Trends, Industry Growth, Scope, Growing CAGR, Challenges, Business Opportunity and Forecast till 2022-2032: SPER Market Research

admin January 25, 2024 Business, IT Industry, News

The Australia Cyber Security Market is thoroughly examined in the study, along with its size and trends, product mix, channels of distribution, and supplier analysis. The economy of the nation is rapidly relying more and more on cybersecurity. Products and services that help shield computers, networks, and other electronic devices from malevolent attacks, data theft, and other cyberthreats make up the Australian cybersecurity sector. The need for cybersecurity solutions is growing quickly in the Australian cybersecurity industry due to an increase in cyberattacks and data breaches.

According to SPER market research, ‘Australia Cyber Security Market Size- By End Use Industry, By Solutions Type, By Security Type, By Deployment Mode – Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Australia Cyber Security Market is predicted to reach USD XX billion by 2032 with a CAGR of XX%.

The Australian cyber security market presents both opportunities and difficulties. Cybersecurity is seeing new opportunities due to the growth of the digital economy and the increased need for digital technology. The Australian government has implemented stringent privacy regulations in recent years in an effort to safeguard data and adjust to the rapidly evolving digital economy. For example, NCSC collaborates with partners in the US and Australia to showcase the latest developments in ransomware.

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When it comes to safeguarding individuals and companies against ever-evolving cyberthreats, the Australian cybersecurity sector faces a number of significant challenges. A noteworthy issue is the dearth of skilled cybersecurity experts. The industry has a significantly greater demand for specialists than it has supply, which makes it difficult for businesses to find and retain qualified workers. Moreover, continuous training and skill development are required due to the dynamic nature of technology and cyber dangers.

COVID-19 Impact on Australia Cyber Security Market

The COVID-19 pandemic has had a major impact on cybersecurity in Australia and around the world. As more companies and organizations move to digital platforms and remote work to adapt to the new normal, the epidemic has quickened the speed of digital transformation. We now depend more than ever on technology, thus cybersecurity is essential. The pandemic has led to a rise in cyberthreats, which has significantly impacted Australia’s cybersecurity industry. Cybercriminals have attacked both individuals and organizations with ransomware, phishing, and other forms of cyberattacks, using the pandemic as a reason.

Australia Cyber Security Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; AWS Australia, Broadcom, Cisco Systems Australia Pty Ltd, Oracle Corporation Australia Pty Ltd, Rapid7 Australia Pty Ltd., Trend Micro Australia Pty Ltd.

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Australia Cyber Security Market Future Outlook

South Korea Warehouse Automation Market Size- By Robot Type, By System, By Payload Capacity- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Vietnam Cybersecurity Market Revenue, Share, Growth Drivers, Trends Analysis, Top Key Players, Technologies and Opportunities 2023-2033: SPER Market Research

admin January 24, 2024 Business, IT Industry, News

Cybersecurity solutions assist companies in keeping an eye out for, reporting, and thwarting online threats in order to protect sensitive data. It is anticipated that as more emerging and developed nations connect to the internet, the use of cybersecurity solutions will increase. Because every technology in the modern world is connected to the internet, increasing the accessibility of data for hackers, there is an increased demand for cybersecurity.

According to SPER market research, ‘Vietnam Cybersecurity Market Size- By Offering, By Deployment, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Vietnam Cybersecurity Market is predicted to reach USD XX Billion by 2033 with a CAGR of 15.9%.

The nation’s digital transformation and rising cyberthreats are fueling the cybersecurity market’s explosive expansion in Vietnam. Cybersecurity is more important than ever as companies and government organisations seek to digitise their operations. There are several prospects in the market for cybersecurity solution providers, particularly in the domains of managed security services, cloud security, and IoT security. Vietnam can create a robust and safe digital environment that supports its growth and development in the digital era by tackling issues with awareness and the labour deficit as well as utilising technology breakthroughs.

Vietnam’s cybersecurity market has a bright future as long as the nation embraces digital transformation. The industry is expected to grow significantly given the government’s commitment to bolstering cybersecurity measures and the increased awareness among individuals and enterprises. Technological developments in AI, ML, and IoT security will influence cybersecurity and offer better defence against complex cyberattacks.

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However, because many Vietnamese individuals and organisations lack the knowledge essential to implement effective cybersecurity measures, there is a substantial issue posed by a lack of awareness of potential cyber threats. Building robust cybersecurity teams is difficult for organisations due to the lack of trained cybersecurity personnel in the nation. Moreover, financial limitations impede the ability of small and medium-sized enterprises (SMEs) to allocate resources towards all-encompassing cybersecurity solutions. These elements work together to make insufficient cybersecurity measures more common, which emphasises the need for more awareness, the training of a trained labour force, and solutions that take into account the budgetary limits that Vietnam’s SMEs must contend with.

Impact of COVID-19 on Vietnam Cybersecurity Market

On the cybersecurity market in Vietnam, the COVID-19 epidemic had a major effect. Cybercriminals exploited the quick transition to online activities and remote employment to their advantage, launching focused assaults that increased the number of cyber incidents. Securing their remote workforce and guaranteeing data privacy presented issues for organisations. To confront the mounting threats, however, the pandemic also intensified efforts to alter society digitally and resulted in higher investments in cybersecurity solutions.

Due to the growing digital transformation of electronic devices used in data centres that are vulnerable to cyberattacks, the main area of Vietnam, the North, owned almost half of the market share in the Vietnam Cybersecurity Market in 2022. The largest data centre market in the nation, Hanoi, with 10 network fabrics, 10 colocation data centres, and 52 cloud service providers. Therefore, the primary need for cybersecurity services and solutions is in the Northern Vietnam region.

Vietnam Cybersecurity Market Key Players:

Additionally, some of the market key players are Amazon Web Services Vietnam Company Limited, HPT Vietnam Corporation, IBM Vietnam Co., Ltd., Microsoft Vietnam, Viettel Cyber Security, Others.

Vietnam Cybersecurity Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

Offering: Based on the Offering, Vietnam Cybersecurity Market is segmented as; Security Type, Services.

By Deployment: Based on the Deployment, Vietnam Cybersecurity Market is segmented as; Cloud, On-premise.

By End User: Based on the End User, Vietnam Cybersecurity Market is segmented as; BFSI, Healthcare, Manufacturing, Government & Defense, IT and Telecommunication, Other End Users.

By Region: This research also includes data for Central Vietnam, Northern Vietnam, Southern Vietnam.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Vietnam Cybersecurity Market Scope

Europe Home Automation Market Size- By Product Type, By Technology, By Software & Service- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Procurement Analytics Market Growth 2023, Rising Trends, Global Industry Share, Size, Revenue, Scope, CAGR Status, Business Challenges, Opportunities and Forecast Till 2033: SPER Market Research

admin January 24, 2024 IT Industry, News

The practice of utilizing quantitative and analytical techniques to mine the vast reservoir of procurement data in order to produce a set of useful insights that can boost productivity and enhance operations is known as procurement analytics. Organizations’ requirement for a consolidated perspective of procurement cost has led to the necessity for procurement analytics. Through one-off efforts like spend cubes and specialized solutions, procurement analytics has grown. There is much more to procurement analytics than just data visualization. To add value to the business, a significant amount of data from many systems must be gathered, cleaned, and enhanced. Procurement analytics derives its value from the capacity to quantify procurement’s impact on the bottom line and from more timely, accurate, and actionable business insights.

According to SPER market research, ‘Procurement Analytics Market Size- By Component, By Deployment Mode, By Enterprise Size, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Procurement Analytics Market is predicted to reach USD 7.34 billion by 2033 with a CAGR of 22.11%.

The global market for procurement analytics is expanding as a result of rising demand for demand management and procurement solutions, as well as emerging uses of these solutions in the healthcare industry. The procurement analytics solution gives businesses the flexibility and agility to make better decisions faster and at a lower cost. To create better business strategies, a variety of enterprises worldwide are implementing advanced analytics technology integrated with robots and artificial intelligence capabilities. It aids businesses in forecasting market possibilities and improving ROI (return on investment). Organizations are attempting to migrate their data to the cloud in order to reap the greatest benefits and analyse it for insights that can be put into action, as real-time data accessibility has become possible. It has made it possible for providers of procurement analytics software to offer cloud-based solutions.

To properly manage their procurement portfolio, firms must streamline a number of internal processes. To efficiently make procurement decisions, all of the different activities—including supply chain, inventory management, accounting, vendor selection, sourcing, and reporting—should be streamlined and integrated under a single umbrella. Before implementing the analytics solutions on the organization platforms, procurement analytics vendors must streamline a number of processes. The procurement analytics market’s overall growth is hampered by a lack of integration, the complexity of optimizing the procedures, and businesses’ worries about privacy breaches that could harm their brand.

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Businesses all throughout the world were analyzing and resolving the effects of COVID-19 on supply chain and procurement processes. All the organizations were impacted, but only a handful completely realized how disruptive this would be. In addition, the pandemic caused several procurement companies to lower their cost-reduction targets. Suppliers and procurement analytics companies collaborated to establish cooperative innovation initiatives aimed at assessing novel prospects for earnings and profitability. Furthermore, the solution became well-known throughout the pandemic since it made it easier for other organizations to complete their jobs and helped businesses lessen the impact of the crisis on their revenue.

Geographically, the global market is now controlled by North America because of the increasing demand for centralized procurement methods. Furthermore, the future growth of the market is expected to be stimulated by the consolidation of enterprises established in the region. The prominent market players of this industry are Amazon Web Services (AWS), BirchStreet Systems, Cisco System, Inc., International Business Machine (IBM) and many others.

Procurement Analytics Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Component: Based on the Component, Global Procurement Analytics Market is segmented as; Services, Solutions.

By Deployment Mode: Based on the Deployment Mode, Global Procurement Analytics Market is segmented as; Cloud, On-Premise.

By Enterprise Size: Based on the Enterprise Size, Global Procurement Analytics Market is segmented as; Large Enterprise, SMEs.

By Application: Based on the Application, Global Procurement Analytics Market is segmented as; Category Management, Contract Management, Process Management, Spend Management, Strategic Sourcing, Transaction Management.

By End User: Based on the End User, Global Procurement Analytics Market is segmented as; BFSI, Healthcare, IT and Telecom, Manufacturing, Retail, Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

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Procurement Analytics Market Outlook

Russia Home Appliances Market Size– By Major Appliances, By Minor Appliances, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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APAC Set Top Box Market Growth, Share, Trends, Revenue, CAGR Status, Key Manufacturers, Future Opportunities and Forecast 2033: SPER Market Research

admin January 24, 2024 Business, IT Industry, News

Televisions (TVs) can see video and audio content that a set-top box (STB) has decoded from digital transmissions. You may add premium channels straight from the device or access the internet with its two-way communication capability, among other interactive capabilities. In comparison to traditional analogue systems, it offers higher-quality audio and visual output. Furthermore, it provides consumers with access to a variety of TV distribution systems, including as satellite, cable, internet, and terrestrial. Now, as more people purchase digital TVs, there is an increase in the need for STBs throughout the Asia Pacific area.

According to SPER market research, ‘Asia Pacific Set-Top Box Market Size- By Service Type, By Product, By Resolution, By End User, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Asia Pacific Set-Top Box Market is predicted to reach USD 16.35 Billion by 2033 with a CAGR of 2.2%.

The market’s fierce competitiveness, which can result in pricing wars and margin pressure, is one of the obstacles, though. Legal set-top box sales are negatively impacted by illegal streaming services and piracy. For manufacturers, maintaining compliance can be difficult due to complicated regulations and different national requirements. It is also imperative that businesses invest in research and development since the ever-changing nature of technology breakthroughs demands constant innovation.

While it faces significant obstacles, the Asia Pacific set-top box business is driven by a number of important factors. The quick digitalization of television transmission, especially the switch from analogue to digital transmissions, is a significant motivator. Adoption is rising in part because of the growing need for interactive services and high-definition content. The desire for cutting-edge home entertainment solutions is also fuelled by the region’s growing middle class, urbanisation, and discretionary money, which is driving the set-top box market.

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Impact of COVID-19 on Asia Pacific Set-Top Box Market

Furthermore, with supply chain interruptions, production delays, and a brief drop in consumer spending, COVID-19 had an effect on the set-top box business in Asia Pacific. Economic uncertainty and lockdowns had an impact on consumer demand as well as manufacturing. Set-top box sales were boosted by the partial offset, though, which came from the lockdowns’ greater emphasis on home entertainment. Due to the region’s continuous digitalization of television services, consumers’ growing inclination towards high-quality programming, and the general upturn in economic activity, the market is expected to rise as the area eventually recovers. To keep up with shifting consumer behaviour and market realities, manufacturers are modifying their methods.

APAC’s principal economies are those of Australia, China, India, Japan, and South Korea. The APAC set top box (STB) market is anticipated to grow at a faster rate due to the increasing usage of smart TVs and satellite cable, as well as the increasing penetration of high definition channels among consumers. One of the main uses for set-top boxes is for satellite TVs. One of the main innovations of satellite TVs is the introduction of a feature that lets users record shows in real-time and watch them at a later time, as it suits them. One important market for set-top boxes is India. Along with a thriving direct-to-home satellite industry, the nation is getting close to reaching its aim of digitising its cable TV systems.

Asia Pacific Set-Top Box Market Key Players:

Additionally, some of the market key players are Advanced Digital Broadcast; Altech UEC; Commscope Inc.; Huawei Technologies Co., Ltd.; Skyworth Group Co., Ltd.; Technicolor SA; and Zinwell Corporation, Others.

Asia Pacific Set-Top Box Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Service Type: Based on the Service Type, Asia Pacific Set-Top Box Market is segmented as; Free-to-Air, Pay TV.

By Product: Based on the Product, Asia Pacific Set-Top Box Market is segmented as; Cable STB, Digital Terrestrial Television (DTT) STB, Internet Protocol (IP) STB, Over-The-Top (OTT) STB, Satellite STB.

By Resolution: Based on the Resolution, Asia Pacific Set-Top Box Market is segmented as; HD (High Definition), SD (Standard Definition), UHD (Ultra-High Definition).

By End User: Based on the End User, Asia Pacific Set-Top Box Market is segmented as; Commercial, Residential, Others.

By Distribution Channel: Based on the Distribution Channel, Asia Pacific Set-Top Box Market is segmented as; Offline Distribution, Online Distribution.

By Region: This research also includes data for Australia, China, India, Indonesia, Japan, South Korea, Others.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Asia Pacific Set-Top Box Market Scope

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Morocco Managed Security Services Market Share 2023- Industry Trends, Revenue, Growth Drivers, Business Challenges, Opportunities and Future Competition till 2033: SPER Market Research

admin January 24, 2024 Business, IT Industry, News

Networks, both public and private, can benefit from managed security services for individual devices and entire systems. Security features like firewalls and real-time intrusion detection and analysis are included in these services, which are run by outside providers and usually function on a consumption-based approach.

According to SPER market research, ‘Morocco Managed Security Services Market Size- By Service Type, By Deployment Mode, By Organization Size, By Service Provider, By Industry Vertical – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Morocco Managed Security Services Market is predicted to reach USD XX Billion by 2033 with a CAGR of 8.9%.

Due to government initiatives, growing private investments, and other factors, the various sectors like BFSI, Healthcare, IT & Telecom, etc. are continuously transforming digitally. This has rendered end-user organisations more vulnerable to cyberattacks such as denial-of-service attacks and phishing scams. Consequently, the Morocco Managed Security Solution Market is being driven by these end-user organisations’ desire to integrate cybersecurity solutions like endpoint security, information security, cloud security, etc.

However, managed security service providers (MSSPs), which include major players in the market like IBM Corporation and Accenture, offer expensive solutions that use cutting-edge technology to thwart sophisticated attacks. This has a negative impact on Morocco’s managed security market since smaller businesses choose traditional in-house security measures over these more expensive managed services. The industry is confronted with obstacles like a lack of technological know-how and trained labour in developing nations, as well as businesses’ unwillingness to give third-party suppliers complete control. Inadequate IT infrastructure in developing nations and strict international laws governing information security further hamper industry expansion.

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COVID Impact: Businesses quickly shifted to remote work due to the COVID-19 outbreak, which exposed vulnerabilities and increased demand for Managed Security Services (MSS) in Morocco. Increasing investments in MSS to protect sensitive data was motivated by heightened cybersecurity risks. A spike in demand for MSS providers resulted from organisations looking for cutting-edge solutions to handle changing cyber hazards. Proactive cybersecurity became more crucial as a result of the epidemic, which sped up digital transformation efforts. With a focus on threat identification and remote monitoring, Moroccan MSS providers modified their products to suit the evolving demands. In summary, COVID-19 clearly shown how important MSS is to maintaining company resilience in the face of extraordinary difficulties.

Key Players: Additionally, some of the market key players are AT&T, ATOS Group, Dataprotect, Fujitsu, IBM, NTT Data, Orange Cyberdefense, Secmentis, Thales Group, Others.

Morocco Managed Security Services Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Service Type: Based on the Service Type, Morocco Managed Security Services Market is segmented as; Managed DDoS (Distributed Denial of Service, Managed IAM (Identity and Access Management), Managed SIEM (Security Information and Event Management), Managed UTM (Unified Threat Management), Managed XDR (Extended Detection and Response), Others.

By Deployment Mode: Based on the Deployment Mode, Morocco Managed Security Services Market is segmented as; Cloud, On-Premise.

By Organization Size: Based on the Organization Size, Morocco Managed Security Services Market is segmented as; Small & Medium Enterprises, Large Enterprises.

By Service Provider: Based on the Service Provider, Morocco Managed Security Services Market is segmented as; IT Service Providers, Managed Security Specialist, Telecom Service Provider.

By Industry Vertical: Based on the Industry Vertical, Morocco Managed Security Services Market is segmented as; BFSI, Energy & Utilities, Government, Healthcare, IT & Telecom, Oil & Gas, Retail & E-Commerce, Others.

By Region: This research also includes data for Central Region, North Region, South Region.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Morocco Managed Security Services Market Revenue

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Japan Smart Home Market Growth 2023, Industry Share- Size, Upcoming Trends, Technologies, Business Challenges and, Forecast Research Report 2033: SPER Market Research

admin January 24, 2024 Business, IT Industry, News

The use of smart home appliances in a home setup that allows for remote device control from any location with an Internet connection worldwide via a mobile phone or other networked device is appropriate. Since every device in a smart home is connected to the Internet, the user has control over features like lighting, temperature, security access, and home entertainment.

According to SPER market research, ‘Japan Smart Home Market Size- By Product Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Japan Smart Home Market is predicted to reach USD 42.51 Billion by 2033 with a CAGR of 18.9%.

Japan stands out as it is a country that has embraced technology entirely. Over the past ten years, the country has seen significant developments in technology pervade daily life, especially in the area of smart homes. It is expected that this trend—which is affecting societal and economic institutions—will continue. The fourth industrial revolution’s IoT and AI-powered modern building automation improves the quality of life for elderly people and their families by offering accessibility, security, and comfort. Japan aims to establish ‘Society 5.0′ through the complete use of technology innovation. The growing IoT industry, manufacturers’ diverse product lines, affordable home automation systems, and the growing significance of remote house monitoring—albeit with accompanying worries about security and privacy breaches—are some of the factors driving the rise of the smart home market.

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Prior to now, the lack of standardised electrical connections and operational procedures has hindered the growth of the Japanese smart home industry. There’s an increased chance of data breaches, illegal access, and privacy violations when smart home devices gather and send personal information. Because of the high-profile cases, consumers are becoming more cautious when it comes to the security flaws in smart home technologies. The general adoption of smart home solutions may be hampered by people’s reluctance to fully utilise the technology in the absence of sufficient assurances on cybersecurity and privacy protection. To get over this restriction, it is crucial to address these issues with strict data protection laws, robust encryption standards, and open data processing procedures.

Impact of COVID-19 on Japan Smart Home Market

Global public health and economic prosperity are being impacted by the COVID-19 pandemic, which has become a major global challenge. As the number of cases has increased, Japan has also experienced uncertainty regarding the pandemic’s length. Simultaneously, due to the pandemic’s effect on people spending more time at home, the home automation business has grown quickly. The need for time-saving smart appliances has increased since COVID-19 has made domestic duties more demanding. In addition, rising smartphone ownership among households and expanded broadband connectivity are credited with making smart home gadgets more accessible in Japan and aiding in the market’s general uptake.

Japan Smart Home Market Key Players:

Additionally, some of the market key players are Amazon.com Inc., Apple Inc., Honeywell International Inc.., Panasonic Corporation, Samsung, Schneider Electric, Sony Corporation, Others.

Japan Smart Home Market Segmentation:

By Product Type: Based on the Product Type, Japan Smart Home Market is segmented as; Door/video sensor, Garage door opener, Interactive security system, Irrigation control system, Leak/moisture detector, Monitoring camera, Motion sensor, Smart door lock, Smart electrical socket, Smart light bulb, Smart light switch, Smart oven, Smart plug, Smart smoke detector, Smart Speaker, Smart thermostat, Smart window shade/blind, Video doorbell, Water shutoff system.

By Application: Based on the Application, Japan Smart Home Market is segmented as; Comfort and Lighting, Control and Connectivity, Energy Management, Home Entertainment, Security, Smart Appliances.

By Region: This research also includes data for Eastern Region, Northern Region, Southern Region, Western Region.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link: –

Japan Smart Home Automation Market Forecast Report

United Kingdom Wearable Technology Market Size- By Type of Device- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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