- Government Technology
A MarketsandMarkets forecast, released by Reportlinker, said the global market for instrusion detection and prevention systems will see an 8.3 percent compound annual growth rate to reach $7.1B in value by 2024.
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- Government Cloud
A MarketsandMarkets report forecasts a compound annual growth rate of 25.6 percent for the global cloud computing in education market over the next five years. The 151-page report estimates that revenue for education-related cloud computing products and services will reach $25.36 billion by 2021 from $8.13 billion in 2016, the RnR Market Research said Oct. 6. Public cloud deployment type is projected […] More
- Industry News
A MarketsandMarkets report forecasts the airport and marine port security market’s value will grow from $53.84 billion this year to $110.52 billion in 2025, representing an 8.3 percent compound annual growth rate. The research firm said Friday the market growth will be driven by governmental efforts to implement advanced security systems at various ports of entry. The surveillance technology segment is projected […] More
- Industry News
MarketsandMarkets has released a new report that projects the Internet of Things security market to reach $28.90 billion by 2020, a compound annual growth rate of 33.2 percent from 2015. Reportlinker said Monday the growing security concerns for critical infrastructures and security regulations have driven the IoT security market in recent years. The report also […] More
- Industry News
The market value for military communications systems is forecast to reach $40.82 billion by the end of 2020, up from $23.02 billion during 2015, a MarketsandMarkets report says. MarketsandMarkets said Monday the introduction of Ka-band, advanced extra high-frequency satellite and Internet protocol-based networking technologies will help trigger a potential 12.1-percent compound annual growth rate for the […] More
- Industry News
MarketsandMarkets has released a new report that predicts the aviation cybersecurity market will grow to $61.85 billion by 2020, buoyed by increasing cyber threats on aerospace and defense organizations. The report expects on-cloud deployment to rise in demand over the next five years as the rate of cyber attacks across the world continues to increase, […] More
- Industry News
MarketsandMarkets has predicted the global mHealth solutions market to hit $59.15 billion by 2020, representing a compound annual growth rate of 33.4 percent. The report cites the growing use of smartphones, tablets, connected medical devices, mHealth applications in healthcare management, 3G and 4G networks and patient-centric healthcare delivery as factors that will drive the market, […] More
- News
MarketsandMarkets has reported that worldwide governmental efforts to keep citizens, infrastructure and organizations safe from multiple threats drive growth in the public safety and security market. The market’s value to grow from almost $221 billion this year to about $371 billion by 2020, with a compound annual growth rate of 10.9 percent over the five-year period, […] More
- Cybersecurity News
A new MarketsandMarkets report predicts that the global market for advanced persistent threat protection systems will climb in value from $3.9 billion this year to $8.7 billion in 2020. The company said Oct. 14 the 17-percent compound annual growth rate over the five-year forecast period is due to increased demand for APT protection across several verticals amid a changing threat […] More
- Industry News
A MarketsandMarkets report forecasts the value of the global unmanned aerial vehicles market to hit $14.9 billion in 2020, with an 8.12 percent compound annual growth rate from 2015 to 2020. The research firm said Tuesday the UAV market’s value reached $10.1 billion this year and North America accounted for about 65.53 percent market share. Technological […] More
- Big Data & Analytics News
A new MarketsandMarkets report predicts the global market for big data-as-a-service to reach $7 billion in total value over the next five years, up from $1.8 billion in 2015. The research firm said Monday the worldwide BDaaS market covers various big data services offered through cloud-based environments, such as Data Analytics-as-a-Service, Data-as-a-Service and Hadoop-as-a-Service. According to […] More
- Industry News
A new MarketsandMarkets research report predicts the global drones market will achieve a compound annual growth rate of 32.22 percent from 2015 through 2020, buoyed by regulatory relaxations on unmanned aerial vehicles. MarketsandMarkets said Monday the report foresees a $5.59 billion industry in five years, up from $663.4 million in 2014. The report indicates that huge demand for […] More