Artificial Intelligence
Next-Generation Firewall (NGFW) Market to Generate Revenue Worth $5,188.8 Million in 2025: P&S Intelligence
Next-Generation Firewall Market Research Report: By Component (Solutions, Services), Enterprise Size (Large Enterprises, SME), Industry (BFSI, Aerospace & Defense, Retail, Government & Public Utility, Healthcare, IT & Telecommunication, Manufacturing)
NEW YORK, Jan. 08, 2020 (GLOBE NEWSWIRE) — According to the market research report published by P&S Intelligence, the global NGFW market share is expected to generate $2,706.9 million in 2019 and reach $5,188.8 million by 2025, exhibiting a CAGR of 11.9% during the forecast period (2020–2025). The banking, financial services, and insurance (BFSI) industry would lead the market in 2019, due to the increasing number of financial institutions across the world and surging demand for cyber-attack prevention. The healthcare industry is projected to register the fastest growth during the forecast period. This can be attributed to the fact that the sector has witnessed several data breach cases in recent years, which are increasing the inclination of healthcare organizations toward the adoption of NGFW solutions.
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The increasing adoption of IoT is a key trend being observed in the next-generation firewall market. Currently, businesses are adopting the IoT technology to leverage advanced business models such as, the asset sharing, pay-per-usage, and outcome-based model, and generate real-time operational insights including, security issue identification and equipment monitoring. The adoption of IoT devices enhances business productivity, but these devices can easily get fall prey to cyber-attacks, as they are connected to the internet or other networks. NGFW is a network-friendly security solution, which provides defensive competences against various applications, protocols, and internet-based security threats.
The increasing number of cyber threats is one of the key factors contributing to the growth of the next-generation firewall market. For example, in the U.S., around 2.5 million cybercrime cases were reported in 2017, which increased to 2.9 million in 2018. Hence, the need for adopting a platform to meet the cyber security requirements in the current business landscape is also increasing. The NGFW technology is more efficient than traditional firewalls, as it offers intrusion prevention, cloud-delivered threat protection, and application awareness and control. It is a one-step security solution that can be integrated easily with the existing network technologies in an organization, to provide complete network visibility and enhanced breach protection and security, and flexibility of deployment. Such advantages are leading to the growth of the market.
Browse report overview with 95 tables and 62 figures spread through 148 pages and detailed TOC on “Next-Generation Firewall (NGFW) Market Research Report: Industry Trends And Growth Forecast to 2025” at: https://www.psmarketresearch.com/market-analysis/next-generation-firewall-market
The next-generation firewall market, during the forecast period, is expected to demonstrate the fastest growth in the healthcare industry. This would be owing to the increasing adoption of cloud-based technologies for data storage and demand for mitigating data breaches in healthcare organizations.
Together, North America and Europe are expected to account for over 50% share in the next-generation firewall market, by 2025. This can be attributed to the high number of cyber threats and existence of a large number of industry players, including Palo Alto Networks Inc., Dell Technologies Inc., and Cisco Systems Inc., in the regions. This is Additionally, increasing the deployment of cloud computing solutions, and government initiatives for public data safety are also driving the North American market. For example, FY 2019 President’s Budget in the U.S. includes $15 billion for cybersecurity-related activities, in order to mitigate cybersecurity risks.
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The Asia-Pacific (APAC) next-generation firewall market would register the fastest growth during the forecast period, owing to the increasing number of SMEs cyber threats, and strong focus of the governments in the region on data security. For example, in 2018, the Personal Data Protection Commission of Singapore imposed penalties of around $4,200 and $5,000 on carpooling firm, Grabcar, and network gaming center, Club the Chambers, respectively, for two separate data breach cases, since both of them had failed to make the necessary security arrangements to prevent unauthorized disclosure of individuals’ personal data. Such types of cases are leading to the deployment of data security solutions in both public and private organizations in the region.
The global next-generation firewall market is highly competitive, with the key players including Cisco Systems Inc., Palo Alto Networks Inc., Dell Technologies Inc., Juniper Networks Inc., Fortinet Inc., Check Point Software Technologies Ltd., Huawei Technologies Co. Ltd., and Barracuda Networks Inc. These players focus on product innovations, partnerships, and mergers and acquisitions to stay ahead in the competition. For instance, in September 2019, Palo Alto Networks Inc. completed the acquisition of Zingbox Inc., a cyber security solutions provider for IoT devices. Through Zingbox Inc., Palo Alto would offer a subscription for the NGFW and Cortex platforms to help organizations protect their IoT devices from cyber attackers easily.
Other players in the next-generation firewall market include are Zscaler Inc., WatchGuard Technologies Inc., Hillstone Networks Co. Ltd., Untangle Inc., and Gajshield Infotech (I) Pvt. Ltd.
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China dominated the APAC security policy management market in 2018, mainly because of the growing emphasis on the adoption of artificial intelligence (AI) technologies and intense focus of banks on regulatory compliance.
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Cyber Security Market
Geographically, the cyber security market is expected to witness the fastest growth in Asia-Pacific, during the forecast period. High value targets in a less secure environment, have made this region a potential target for cyber-criminals.
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About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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Artificial Intelligence
Clinical Trials Matching Software Market Projected to Reach $832.56 million by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 18, 2024 /PRNewswire/ — The report titled “Clinical Trials Matching Software Market by Functionality (Analytics & Reporting, Compliance Tracking, Data Management), Deployment (Cloud & Web Based, On-Premise), End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $342.20 million in 2023 to reach $832.56 million by 2030, at a CAGR of 13.54% over the forecast period.
“The Global Surge in Adoption of Matching Software for Enhanced Participant Enrollment”
Clinical trials matching software stands at the forefront of revolutionizing clinical research by automating the process of identifying and enrolling eligible participants. These platforms offer a streamlined approach to match patient health profiles with trial requirements, accelerating enrollment and supporting the shift toward personalized healthcare using these advanced AI and ML technologies. Although integrating these systems poses challenges due to variations in healthcare IT infrastructure and the imperative for rigorous data security, the potential for market growth is substantial. In the Americas, a robust clinical trials ecosystem thrives; in the European Union, it has unified regulatory standards and extended to emerging regions such as the Middle East, Africa, and the APAC countries; the demand for such innovative solutions is on a steep rise. This demand is fueled by governmental support, the evolving regulatory landscape, and strategic partnerships to embed these solutions within electronic health records, underscoring a global movement toward optimizing clinical trial processes to better cater to specific patient demographics.
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“The Rise of Virtual Trials and Advanced Matching Software”
The healthcare landscape is witnessing a transformative shift toward virtual clinical trials, fueled by technological advancements and the necessity for continuity during the COVID-19 pandemic. This transition supports research amid social distancing measures and introduces significant cost savings by reducing the need for physical infrastructure and in-person interactions. The efficiencies brought by electronic health records (EHR), wearable technologies, and automation streamline the entire process, from patient recruitment to data analysis. Several approaches, endorsed by regulatory bodies such as the FDA, represent a leap forward in making clinical trials more accessible and streamlined, ensuring that more patients can participate in potentially life-saving research without the geographical and logistic constraints of traditional trials.
“Enhancing Clinical Trials through Advanced Analytics, Rigorous Compliance, and Precision-Patient Matching”
Integrating advanced analytics, meticulous compliance monitoring, and precision-patient matching marks a significant advancement toward maximizing efficiency and fostering trial diversity. The software delivers insightful data on trial progress, participant demographics, and enrollment figures, empowering stakeholders to make well-informed decisions and optimize resource distribution to meet trial goals effectively by implementing cutting-edge analytics. The built-in compliance feature ensures trials are conducted in strict adherence to regulatory standards, minimizing risks associated with non-compliance. Furthermore, a robust data management system guarantees the integrity and availability of clinical trial data, which is critical for the seamless operation and real-time analysis of trials. The software includes state-of-the-art patient matching technology, which employs sophisticated algorithms and artificial intelligence to expedite recruitment by accurately identifying candidates who match specific trial requirements. This innovative approach accelerates the recruitment timeline and enhances the diversification of trial participants, paving the way for more inclusive and representative clinical research outcomes.
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“Medidata by Dassault Systèmes SE at the Forefront of Clinical Trials Matching Software Market with a Strong 11.30% Market Share”
The key players in the Clinical Trials Matching Software Market include International Business Machines Corporation, Science 37, Inc. by eMed, LLC, Medidata by Dassault Systèmes SE, AutoCruitment LLC, Deep 6 AI Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trials Matching Software Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trials Matching Software Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trials Matching Software Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
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“Dive into the Clinical Trials Matching Software Market Landscape: Explore 190 Pages of Insights, 286 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trials Matching Software Market, by FunctionalityClinical Trials Matching Software Market, by DeploymentClinical Trials Matching Software Market, by End-UseAmericas Clinical Trials Matching Software MarketAsia-Pacific Clinical Trials Matching Software MarketEurope, Middle East & Africa Clinical Trials Matching Software MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030Virtual Clinical Trials Market – Global Forecast 2024-2030Clinical Trials Management System Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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Artificial Intelligence
RepTrak Announces 2024 Global RepTrak® 100 Report
BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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