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Data-centric Security Market by Component, Deployment Mode, Organization Size, Vertical and Region


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The global data-centric security market size is expected to grow from an estimated value of USD 3.5 billion in 2020 to USD 9.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.1% from 2020 to 2026.
The data-centric security market is driven by various factors such as stringent compliances and regulations, increasing risk on enterprise data due to exploitation of big data analytics, machine learning, and artificial intelligence to boost the growth of data-centric security market across the globe during the forecast period. However, organization s tolerance for inconvenience and security breaches due to internal vulnerabilities can hinder the growth. ....

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The Worldwide 5G IoT Industry is Expected to Grow to $40.2 Billion by 2026 at a CAGR of 73% from 2021


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The global 5G IoT market size is projected to grow from USD 2.6 billion in 2021 to USD 40.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 73.0% during the forecast period.
The growth of this market can be attributed to the growing demand for new emerging use cases, such as smart grid, telemedicine, connected cars, and industrial automation.
The managed services segment is expected to grow at the highest CAGR during the forecast period
Managed services in the 5G IoT market outsource a complete network or a part of it on a proactive management basis to improve the network operations and reduce the organizational expenses. Businesses deploy 5G IoT solutions to manage four elements: products, processes, people, and infrastructure. In industries, advanced sensors, control systems, and software applications work together to obtain and share real-time information as finished goo ....

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The Worldwide Platform as a Service (PaaS) Industry is Expected to Reach $164.3 Million by 2026 at a CAGR of 19.6% from 2020


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DUBLIN, April 20, 2021 /PRNewswire/ The
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The global PaaS market size is estimated to grow from USD 56.2 billion in 2020 to USD 164.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period.
Key factors that are expected to drive the growth of the market are the increasing need to reduce time to market and cost of application development and focus on streamlining application management. However, cloud washing hindering the growth of PaaS, and security concerns related to the adoption of public cloud are expected to limit the market growth. Apart from drivers and restraints, there are a few lucrative opportunities for PaaS providers in the market. The rapid development of the mobile app ecosystem and the emergence of video communication PaaS are some of the opportunities for vendors in the PaaS market. These opportunities are expected to present new market growth prospects fo ....

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