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An analysis by Technavio predicts the worldwide market for enterprise information technology security platforms will achieve an average growth of 7.83 percent from 2015 to 2019. Technavio has observed more government and commercial organizations adopting tools to prevent theft and unauthorized access of their enterprise data as well as to mitigate sophisticated threats, Market Research […] More
Technavio has forecast a 55 percent compound annual growth rate for the worldwide Internet of Things security market over the next four years. The research firm said Tuesday that security regulations and the development of smart cities will drive industry growth. “With so much information passing between people, governments are taking steps to secure networks […] More
A new TechNavio report has projected the military infrastructure and logistics market in the U.S. to hit a compound annual growth rate of 2.08 percent from 2014 through 2019. The report notes a growing market trend in modern logistic systems, TechNavio said March 11. The market analyst added that the military's focus on modernization programs would drive the […] More
A new TechNavio report forecasts that the global market for surveillance and security equipment will grow in revenue through 2019 at a compound annual growth rate of 13.58 percent. The market research firm said Wednesday the forecast is based on sales of electronic article surveillance systems, electronic access control systems, perimeter intrusion prevention systems and surveillance systems. These systems and […] More
Technavio is seeing a growing market appetite for unmanned ground vehicles and has predicted that the UGV market will set a compound annual growth rate of 34 percent from 2015 through 2019. Technavio's new report attributes this market trend to a growing preference for the UGV's functions in rescue operations, detonation of explosives and detection of enemy […] More
A new TechNavio report predicts the global mobile biometrics market to grow at 128.4 percent year over year from 2014 through 2019 as the study notes a rise in integration of biometrics in two-factor authentication devices. TechNavio expects an increase in identity and data theft cases to propel market growth during the forecast period while […] More
TechNavio expects the growing need for data backup and archiving to propel a storage-as-a-service market growth of 37.96 percent annually from 2015 through 2019. The report lists Amazon, AT&T, Google, Hewlett-Packard, IBM and Microsoft as the tier-one industry players, Technavio said in February. TechNavio classifies the market into stand-alone and platform-attached storage, cloud backup and cloud […] More
TechNavio's new report projects the public sector's demand for low-cost infrastructure maintenance to drive a 31.0 percent compound annual growth rate of the global information technology-as-a-service market from 2014 through 2019. The report analyzes the vendor landscape that includes tier-one market players such as Amazon Web Services, Cisco Systems, Hewlett-Packard, IBM, Microsoft and Rackspace, Technavio said […] More
A new TechNavio report projects the global aerospace and defense telemetry market to witness a 2.57 percent compound annual growth rate from 2014 through 2019. The report indicates that a surge in aerospace research and development activities would propel the market to the projected year-over-year growth, Reportlinker said Thursday. TechNavio sees the market facing particular challenge […] More
A TechNavio research has forecast a global disaster recovery-as-a-service market that would grow 52.05 percent annually from 2014 through 2019 as adoption of hybrid cloud DRaaS increases. The report, made available by Report Buyer on Jan. 22, attributes the projected market growth to the demand for systems that could protect applications through cloud-based disaster recovery. It listed monitoring and deployment issues as posing challenges […] More
New analysis from TechNavio released Jan. 14 has set a 38.3 percent year-over-year growth for the global mobile security market from 2013 to 2018, citing increased demand amid the growing popularity of bring your own devices. The study predicts that a high adoption in smartphones will drive the market and expects obsolescence of security services to pose restraints on the market. According to the report, threat actors launch malware, […] More
TechNavio forecasts a 9.86 percent compound annual growth rate for the global homeland security market from 2014 through 2019 as public sector demand for identification and security checking systems is poised to increase. TechNavio's new report calculated the market size for the forecast period by considering revenues generated from six segments: border, aviation and maritime security, […] More
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