Published : Sep-2020
No. of Pages : 18
Insurance Sector Scorecard - Thematic Research
Filed in: Information Technology
Publisher : GlobalData
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The global cybersecurity insurance market size in the post-COVID-19 scenario is projected to grow from USD 11.9 billion in 2022 to USD 29.2 billion by 2027, at a CAGR of 19.6% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. complex governance requirements and regulations in data security are expected to drive the adoption of the cybersecurity insurance market in the future. The awareness about security risks and potential losses due to threats has induced governments and organizations to increase the expenditure on cybersecurity. Enterprise...... |
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The industrial communication market is expected to grow from USD 18.8 billion in 2022 and is projected to reach USD 26.8 billion by 2027; it is expected to grow at a CAGR of 7.4% during the forecast period. A factory system should be capable of offering faster response times, better efficiency, and greater reliability. To achieve these benefits, designers must select the best communication technology, navigate a multiprotocol environment, and cover a wide range of industrial equipment. Therefore, the need for scalable and interoperable protocols are driving industry initiatives to develop a newer set of communication products.The clients of the companies offering smart manufacturing produ...... |
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The internet of things (IoT) is defined as an extension of the internet and other network connections to various sensors and devices or "things," allowing even simple objects such as lightbulbs, locks, and vents to have more processing and analytical capabilities. One of the important elements of the IoT that contributes to its growing popularity is interoperability. Connected or "smart" devices, often known as "things" in the IoT...... |
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Wireless testing market size is valued at USD 13.5 billion in 2022 and is anticipated to be USD 23.7 billion by 2027; growing at a CAGR of 11.9% from 2022 to 2027. The growing deployment of 5G network and adoption of IoT devices is expected to grow the market at an estimated rate.
The wireless computing industry is redesigning the ways in which individuals share information. Wireless technology and telecommunication are important technologies in business organizations today. The utilization of these technologies has enhanced business efficiency. For example, Wi-Fi offloading helps businesses by staying connected in areas and consuming less data wihich cellular networks struggle to reach. Network congestion was a big issue during the past deca...... |
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eDiscovery market is rapidly gaining acceptance worldwide by enterprises and corporates. Training and consulting services include industry experts, domain experts, and security professionals to help organizations reduce risk, gain profile margins, and upgrade existing solutions in the eDiscovery market. Consulting services are delivered to address the unique requirements of the organization. The expert team can provide insights and suggestions to enhance the GRC programs of organizations.
The services segment is expected to grow at a higher CAGR during the forecast period
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According to primary respondents, the impact of COVID-19 is positive on the drone software market due to an increase in experimental flights with delivery drones across various countries and the realization of the significant potential of drone technology by various industrial sectors..
Based on architecture, the open source segment is projected to lead the drone software market during the forecast period.
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