Tanmay

  Global sales of hardware security modules will be approximately US $ 1,030.4 million in 2021 and will increase at a CAGR of 9.9% to reach a valuation of US $ 2,039.1 million by 2028. The hardware security module market occupies about 4% of the world physical security market. LAN-based or network-connected HSMs, PCIe-based or built-in plug-in HSMs, USB-based or portable HSMs are primarily payment processing, code and document signing, Secure Sockets Layer (SSL), Transport Layer Security (TLS), authentication, Database encryption, PKI or credential management, and application-level encryption. Security applications that rapidly spread their roots in the IoT space Increasing adoption of next-generation security solutions, a remarkable trend in the market, will help improve products and improve enterprise operational efficiency. Existing security solutions are evolving towards context-aware computing technology that enables enterprises to detect advanced threats in dramatically ch

  The global  5G technology market  is set to enjoy a valuation of US$ 9.6 Bn in 2022, and further expand at a CAGR of 71.9% to reach US$ 248.4 Bn by the year 2028. The 5G technology growth will continue to accelerate due to the continuous developments in telecommunication technologies. The growth of this market is driven by factors such as increasing adoption of Internet of Things (IoT) and smart technologies, growing number of internet users, ongoing digital transformation in telecom, growing demand for wireless communications and increasing investment in telecommunication sector by emerging countries. 5G technology market is nearly 25% of telecommunication market, globally.  Government Initiatives to Speed up 5G Technology The US is expected to be the first country to introduce 5G technology, wireless applications and networks, as regulators pave the wave for rapidly growing next-generation services. In North America, enterprises such as AT&T Inc. and Verizon Communication

 Expanding at a CAGR of 8.9% ,  the global  HVDC transmission system market  is projected to increase from a valuation of US$ 10.3 Bn in 2022 to US$ 17.2 Bn by 2028. The HVDC transmission system demand accounted for almost 15% market share of global power transmission market. The HVDC (High voltage direct current) transmission systems are used for transmission of power over long distance. These systems use direct current for power transmission. The HVDC transmission uses two technologies namely Line Commutated Converter (LCC) and Voltage Source Converter (VSC). On the basis of FMI’s study, the global market for HVDC transmission systems will witness prominent demand generation from power transmission industries. Increasing demand for HVDC transmission systems in emerging economies is expected to particularly drive the revenue growth of global HVDC transmission systems market in the near future, according to the report. Increasing demand for HVDC transmission systems in offshore wind pr

  With the recent increase in cybercrime, the demand for  Disaster Recovery as-a-Service (DRaaS) market  is growing exponentially.  The rapid penetration of the Internet and the increase in digitization generate enormous amounts of data every day. This has also led to a growing risk of threats, especially cyberattacks. The disaster recovery-as-a-service market  is attracting attention for its flexibility and cost-effectiveness. Deployed in the cloud, DRaaS is widely used to speed up various enterprise functions as data can be stored and computed on the fly. As organizations become more vulnerable to sophisticated cybercrime, the need for effective technologies to help counter these threats is increasing. This has been one of the main drivers for the DRaaS market. According to Future Market Insights (FMI), the global DRaaS market is projected to grow at a CAGR of 24.6% during the forecast period 2020 to 2030. The market is expected to continue to grow during the forecast period despite

 The global  mobile device management market  is valued at US$ 4.5 Bn in 2022, and is expected to reach US$ 15.9 Bn by 2028, expanding at an impressive CAGR of 23.5% over the forecast period of 2022-2028. These mobile device management insights are provided in an updated analysis by Future Market Insights. Future Market Insights has recently published a market research report on Global Mobile Device Management market. The study presents a detailed analysis on the historical data, current and future market scenario for the Mobile Device Management market.The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the gr