Artificial Intelligence
Security Analytics Market Worth USD 28.55 billion at 24.3% CAGR; Tech Giants Such as IBM and Cisco to Provide Telecommunication Solutions to Enable Work from Home: Fortune Business Insights™
Pune, India, March 02, 2021 (GLOBE NEWSWIRE) — The global security analytics market size is projected to reach USD 28.55 billion by 2028, exhibiting a CAGR of 24.3% during the forecast period. Frequent cyber-attacks and the resultant data breaches will be the central growth driver for this market, shares Fortune Business Insights™ in its recent report, titled “Security Analytics Market Size, Share & Industry Analysis, By Component (Solutions, and Services), By Application (Network Security Analytics, Web Security Analytics, Endpoint Security Analytics, and Application Security Analytics), By Vertical (BFSI, Government and Defense, IT and Telecommunication, Manufacturing, Healthcare, Energy and Utilities, and Others), and Regional Forecast, 2021-2028”. In the past few years, as the digitization of data picked up speed among private companies and governments, the threat of cyber-attacks has gotten correspondingly more magnified. Some of the most severe cyber-attacks have occurred in just the past couple of years. For example, in 2021, Facebook reported that between 419 million and 540 million of its records have been exposed as a result of data harvesting done by Cambridge Analytica 2021. In the same year, Capital One, one of the largest financial institutions in the US, revealed that its firewalls were breached by a hacker and critical data was stolen. Such incidents have made the adoption of efficient security analytics essential for enterprises and will propel the growth trajectory of the market.
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According to the report, the value of the market stood at USD 5.05 billion in 2021. The report also contains the following:
- Detailed insights into the drivers, trends, and restraints shaping the market;
- In-depth evaluation of all the market segments;
- Precise computation of relevant market figures and values; and
- Comprehensive analysis of the regional dynamics and competitive milieu of the market.
Market Driver
COVID-19 Outbreak to Spawn New Growth Opportunities
The coronavirus pandemic has forced people to practice social distancing and compelled organizations to provide work from home options to their employees. As a result, cloud-based applications are experiencing surging demand and teleconferencing has emerged as the most viable solution to maintain the productivity of employees. However, excessive reliance on digital means to perform operations has exposed businesses to cyber threats. To counter this, many companies are offering analytics-driven security solutions to safeguard sensitive data. For instance, IBM partnered with a California-based company TruStar Technology to provide an intelligent management solution for enterprises, which is integrated with X-Force IRIS Intelligence, a security analytics tool tailored to manage COVID-19 threat intelligence. Thus, the market is likely to make significant gains if the pandemic continues its rampage and intensifies in the next few weeks.
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Regional Analysis
Rapid Technological Advancement to Augment the Market in North America
North America, with a revenue generation of USD 1.71 billion in 2021, is poised to lead the security analytics market share in the coming years owing active adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) across industries. Furthermore, both the US and Canada are home to some of the largest tech firms in the world, which gives this market a stable base to grow.
Exponential rise in the usage of mobile phones and the internet among populations in the developing countries of Asia-Pacific is expected to accelerate the growth of the market in the region. In Europe, the market will be mainly driven by the implementation of the General Data Protection Rules by the European Union (EU), which now makes it mandatory for organizations in the region to report data breaches.
Competitive Landscape
Introduction of Advanced Security Solutions to Energize the Market
The competitive landscape of this market is dominated by tech giants such as Cisco and IBM. These companies have the financial wherewithal to invest and develop advanced cyber-security solutions for various end-users. The smaller players, on the other hand, are engaged in broadening their offerings through mergers and collaborations.
Industry Developments:
- January 2021: RSA Security, the US-based network security expert, announced the commercial release and availability of the enhanced version of its RSA NetWitness Platform. The product is equipped with Machine Learning (ML) capabilities and advanced threat detection features, enabling enterprises to respond to threats in a timely manner.
- October 2021: Splunk Inc., the US-based software MNC, unveiled enhancements across its suite of security operations, powered by the company’s recently launched Splunk Mission Control solution. The suite will empower analysts to leverage data to efficient manage security throughout the lifecycle of any threat.
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List of Key Players Profiled in the Security Analytics Market Report:
- Splunk, Inc.
- Rapid7, Inc.
- IBM Corporation
- Hewlett Packard Enterprise Development LP
- FireEye, Inc.
- Broadcom, Inc.
- RSA Security LLC
- McAfee, LLC
- Huntsman Security
- Fortinet, Inc.
- Cisco Systems, Inc
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Table of Content
- Introduction
- Definition, By Segment
- Research Approach
- Sources
- Executive Summary
- Market Dynamics
- Drivers, Restraints and Opportunities
- Emerging Trends
- Key Insights
- Macro and Micro Economic Indicators
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Forces Analysis
- COVID-19 Impact Analysis
- Global Security Analytics Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Size Estimates and Forecasts
- By Component (Value)
- Solutions
- Cloud
- On-Premise
- Services
- Professional Services
- Consulting
- Training and Education
- Support and Maintenance
- Managed Services
- Professional Services
- Solutions
- By Application (Value)
- Network Security Analytics
- Web Security Analytics
- Endpoint Security Analytics
- Application Security Analytics
- By Vertical (Value)
- Banking, financial services and insurance
- Government and Defence
- IT and Telecommunication
- Manufacturing
- Healthcare
- Energy and Utilities
- Others (Retail, Education, and Transportation)
- By Geography (Value)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- By Component (Value)
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Artificial Intelligence
Southeast Asia Data Center Construction Market Investment to Reach $5.29 Billion by 2029 – Exclusive Research Report by Arizton
CHICAGO, May 15, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Southeast Asia data center construction market is growing at a CAGR of 11.69% during 2023-2029.
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Browse in-depth TOC on the Southeast Asia Data Center Construction Market
36 – Tables 116 – Figures 352 – Pages
Southeast Asia Data Center Construction Market Report Scope
Report Attributes
Details
Market Size – Investment (2029)
USD 5.29 Billion
Market Size – Investment (2023)
USD 2.80 Billion
CAGR – Investment (2023-2029)
11.18 %
Market Size – Area (2029)
3,079 Thousand Square Feet
Power Capacity (2029)
578 MW
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Regional Analysis
Southeast Asia (Singapore, Indonesia, Malaysia, Thailand, Philippines, Vietnam, and Other Southeast Asia Countries)
The Southeast Asia data center construction market is one of the fastest-developing markets globally, driven by the increase in cloud adoption, the advent of 5G services, and the adoption of AI, Big data, and IoT technology. Singapore, Malaysia, Indonesia, and Thailand have robust connectivity and are among the most connected countries in Southeast Asia. Singapore is the gateway and an integral interconnection point to several APAC countries, including Japan, South Korea, Vietnam, and Pakistan. The adoption of cloud-based services will likely be a significant driver of the data center market over the next few years.
Moreover, Singapore boasts the largest existing capacity in the region, and countries such as Malaysia, Indonesia, and the Philippines are outpacing it in terms of new investments, collectively capturing over 50% of the market share for new investments. This trend can be attributed to several factors, including lower energy costs, increased renewable energy sources, and inexpensive labor and land availability. These factors are influencing companies’ decisions to invest in these emerging markets.
Watch Out for How Advancing in Adoption of AI Boosting the Market Growth
In June 2023, Run ai, a company that manages computing resources for AI tasks, announced a strategic partnership with AI Singapore. AI Singapore, a national R&D initiative led by the National Research Foundation, Singapore, aims to establish strong AI capabilities in the country. This collaboration aims to provide scalable infrastructure solutions for various AI projects and assist AI Singapore in its mission to expedite AI adoption across industries.AI Singapore, as the country’s AI initiative, holds a pivotal position in aiding organizations in adopting AI solutions. It has made significant strides through its notable 100 Experiments Programme (100E) and the acclaimed AI Apprenticeship Programme (AIAP). Collaborating with over 60 companies, they’ve trained over 200 Singaporean AI engineers to create, assess, and implement numerous AI models that tackle real-world challenges.While AI investments primarily focus on Singapore, nine out of the top 10 deals involved start-ups based in Singapore that cater to various businesses and use cases throughout the region. For instance, Biofourmis, a health analytics platform analyzing physiological data from clinical-grade wearables, operates in both Singapore and Indonesia. Similarly, Tookitaki, a sophisticated decision-support system for compliance programs in the financial services sector, extends its operations across the six major Southeast Asian countries.The Southeast Asia Colocation Data Center Market by Investment to Reach $4 Billion by 2029
In Southeast Asia, colocation investments in Singapore declined significantly over the last few years owing to the lack of space for new builds. This has led to the spill over demand toward Indonesia and Malaysia. The upcoming capacity of under-construction announced and planned data center campuses across these two countries will overtake Singapore’s existing colocation capacity. In the same year, BDx Indonesia, Chindata Group, EdgeConneX, Equinix, Keppel Data Centres, GDS Services, Princeton Digital Group, and others invested in developing colocation data center facilities in the region.
The Southeast Asia Data Center Construction Market Report Encompasses Crucial Data, Including: CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the Southeast Asia data center construction market over the specified time frame. Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the Southeast Asia data center construction market growth from 2023 to 2029. This includes an analysis of various market influences. Precise estimation of market size: Accurate assessments of the Southeast Asia data center construction market size and its contribution and focusing on key market segments. Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the Southeast Asia data center construction market helping businesses prepare for future market dynamics. Geographical market growth: The report covers the development of the data center construction market across Southeast Asia.Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the Southeast Asia data center construction market. This includes an overview of key players, their market share, strategies, and key developments. Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the Southeast Asia data center construction market, providing a well-rounded view of the market dynamics.
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Post-Purchase Benefit
1hr of free analyst discussion10% off on customizationThe Report Includes the Investment in the Following Areas:
Facility Type
Colocation Data CentersHyperscale Data CentersEnterprise Data CentersInfrastructure
Electrical InfrastructureMechanical InfrastructureGeneral ConstructionElectrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearPDUsOther Electrical InfrastructureMechanical Infrastructure
Cooling SystemsRacksOther Mechanical InfrastructureCooling Systems
CRAC & CRAH UnitsChiller UnitsCooling Towers, Condensers & Dry CoolersOther Cooling UnitsCooling Techniques
Air-based CoolingLiquid-based CoolingGeneral Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & SuppressionPhysical SecurityDCIM/BMS SolutionsTier Standard
Tier I & IITier IIITier IVGeography
Southeast Asia
SingaporeIndonesiaMalaysiaThailandPhilippinesVietnamOther Southeast Asia CountriesVendors
Key Construction Contractors
ArupAurecon GroupCSF GroupDSCO GroupGammon ConstructionNTT FacilitiesPM GroupStudio One DesignOther Prominent Construction Contractors
AtkinsRéalisAWP ArchitectsCorganDPR ConstructionFirst BalfourFortis ConstructionISGKienta Engineering ConstructionLinesightLSK EngineeringM+W GroupNakano CorporationObayashi CorporationPowerware SystemsSato KogyoRed EngineeringProminent Support Infrastructure Vendors
ABBCaterpillarCisco SystemsCumminsDell TechnologiesEatonRittalSchneider ElectricSTULZVertivOther Prominent Support Infrastructure Vendors
AiredaleAlfa LavalCanovateCyber Power SystemsDelta ElectronicsEAEFuji ElectricFujitsuGreen Revolution CoolingHewlett Packard EnterpriseHITEC Power ProtectionHuawei TechnologiesKOHLER PowerLegrandLenovoMitsubishi ElectricNaradaNortek Air SolutionsPiller Power SystemsRolls-RoyceShenzhen Envicool TechnologySiemensSocomecTraneProminent Data Center Investors
Amazon Web ServicesChindata Group (Bridge Data Centres)DCI IndonesiaDigital RealtyePLDTEquinixGDS ServicesKeppel Data CentresNTT DATAST Telemedia Global Data CentresTelkom IndonesiaVADS (Telekom Malaysia)Viettel IDCOther Prominent Data Center Investors
AirTrunkBeeinfotechBig Data Exchange (BDx)Converge ICT SolutionsDigital Edge DCMeta (Facebook)FPT TelecomGoogleMettaDCMicrosoftOneAsia NetworkOpen DCPrinceton Digital GroupSingtelVantage Data CentersNew Entrants
CtrlS DatacentersDigital HaloEdgeConneXEvolution Data CentresFlow Digital InfrastructureFutureData (Cyclect Group + TSG Group)Gaw CapitalI-BerhadInfinaxis Data CentreInfracrowd CapitalK2 Data CentresMinoro Energi IndonesiaNautilus Data TechnologiesPure Data Centres GroupYCO CloudYTL Data CenterYondrKey Questions Answered in the Report:
How big is the Southeast Asia data center construction market?What is the estimated market size in terms of area in the Southeast Asia data center construction market by 2029?What is the growth rate of the Southeast Asia data center construction market?What are the key trends in the Southeast Asia data center construction market?How many MW of power capacity is expected to reach the Southeast Asia data center construction market by 2029?
Get Detailed TOC @ https://www.arizton.com/market-reports/southeast-asia-data-center-construction-market
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https://www.arizton.com/market-reports/southeast-asia-data-center-market
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100% Customer Satisfaction 24×7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton’s report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date
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Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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Artificial Intelligence
Doceree Launches HIEP to Unveil the Untapped Potential of Healthcare Digital Platforms
LONDON, May 15, 2024 /PRNewswire/ — Doceree, the leading global healthcare marketing platform building unprecedented programmatic solutions for HCP marketing, today announced the launch of its highly anticipated HIEP (High Interaction & Engagement Platforms) UK and Europe edition. Presented in collaboration with WPP’s healthcare specialist agency CMI Media Group, the groundbreaking report profiles endemic, point-of-care, and physician networking platforms in a digital engagement context, shedding light on their potential to power interactions and drive communications in the healthcare industry.
In the current landscape, the healthcare sector exhibits preference for an omnichannel marketing approach that effectively combines digital and traditional channels. This shift underscores the critical importance for pharmaceutical marketers to excel in digital strategies. Yet, challenges persist within the pharmaceutical and life sciences industries regarding the optimal selection of digital platforms to engage healthcare professionals (HCPs), as marketers often lack a comprehensive understanding of the available digital tools to formulate precise strategies for digital budget allocation.
To bridge this knowledge gap, and empower marketers with better engagement and decision-making, Doceree introduced HIEP as a medium that could help brands forge neatly choreographed digital strategies, thereby bringing efficiency to operations at scale and improve business outcomes. The report focuses on how the digital medium can be harnessed to create a win-win situation for all the stakeholders—marketers, in terms of efficiency; publishers, in terms of revenue; HCPs, for knowledge exchange and for better treatment outcomes.
Commenting on the report launch, Harshit Jain MD, Founder & Global CEO, Doceree, said, ” We are thrilled to introduce the HIEP report (UK/EU edition) as it marks a significant step forward in advancing healthcare marketing strategies in the UK and Europe and leveraging the power of digital platforms to engage HCPs effectively in the region. What’s particularly exciting is how marketers can effortlessly map and track HCPs’ digital interactions and engagement, and fine-tune omnichannel marketing campaigns, to ultimately amplifying impact and generate superior returns on investment with HIEP. We anticipate that this report will greatly benefit our pharmaceutical and agency partners in the UK & Europe region, and we are eager to replicate this success in other regions throughout the year”.
Commenting on the initiative, Joe Warren, EVP, Growth, CMI Media Group, said, “Collaborating with Doceree on the HIEP initiative allows us to shed light on the global impact marketers can make in healthcare. This partnership reaffirms our commitment to enhancing healthcare outcomes in the region and underscores the importance of understanding channels and partners for crafting superior omnichannel strategies. Together, we aim to drive awareness and empower marketers with the insights they need to make a meaningful impact in healthcare marketing.”
Key highlights of the HIEP report include:
In-depth analysis of endemic, point-of-care, and physician networking platformsCase studies showcasing successful integration of digital platforms in healthcare marketingRecommendations for optimizing omnichannel marketing campaigns and maximizing ROIThe report by Doceree has been meticulously crafted in collaboration with research partner Brand Innerworld and is proudly presented in association with CMI Media Group, a distinguished global media agency recognized for its significant contributions to the healthcare sector.
For more information about Doceree and the HIEP report, visit https://doceree.com/in/reports/hiep/
About Doceree:
Doceree is a leading global platform dedicated to revolutionizing HCP programmatic messaging with cutting-edge, proprietary data tools. By fostering direct messaging between life sciences brands and HCPs, Doceree enables the delivery of personalized communications through an extensive global network of digital endemic and point-of-care platforms. The result is transparent marketing campaign metrics and personalized messaging at scale. To explore how Doceree can transform your healthcare communication. Learn more at www.doceree.com.
About CMI Media Group:
CMI Media Group, a WPP company (NYSE: WPP, http://www.wpp.com), is a full-service media agency focused solely on health, wellness, and pharmaceutical marketing. CMI Media Group’s core offerings include Audience Strategy, Planning, Development, and Insights; Data and Analytics; Buying and Investment; and Direct Response and Customer Experience. As the leading media resource for the world’s top healthcare companies, CMI Media Group brings together leading technology, data, and talent to deliver seamless capabilities for clients. CMI Media Group has been recognized as a leader in DE&I, talent retention and employee development as well as one of the industry’s best places to work. Visit https://cmimediagroup.com/.
About Brand Innerworld:
Brand Innerworld is a leading healthcare brand consultancy and insight mining firm providing specialized solutions with the help of AI technology. The consultancy is dedicated to transforming healthcare brands into market leaders. With meticulous primary and secondary research, the firm captures deep insights into the experiences of healthcare professionals and patients. Specializing in blending these insights with marketing and media acumen, Brand Innerworld equips healthcare brands with actionable strategies that enhance patient outcomes and brand growth. Serving multinational healthcare corporations, medical device companies, and tech platforms, Brand Innerworld is recognized for its innovative approach to medical marketing. Learn more about Brand Innerworld at https://brandinnerworld.com
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Artificial Intelligence
Trianz Appoints Ravishankar Savita as Head of Data & Analytics Practice, Reaffirming Commitment to Data-Driven Transformation Excellence
SANTA CLARA, Calif., May 15, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Ravishankar Savita as the Head of Data & Analytics Practice. With over two decades of experience in technology transformation and system engineering, Ravishankar brings a wealth of strategic leadership and expertise in architecting and leading large scale digital transformation to Trianz.
Ravishankar’s appointment marks a pivotal moment for Trianz as it reaffirms its commitment to redefine the digital landscape through an “IP Led” model, leveraging its cutting-edge hyper-automated platforms, including Concierto.Cloud, Extrica.AI, and Pulse. Ravishankar’s demonstrated success in scaling practices, cultivating innovation ecosystems, and fostering strategic partnerships position him as a key asset in spearheading the Data & Analytics Practice.
“We are thrilled to welcome Ravishankar Savita to Trianz as our new Head of Data & Analytics Practice,” said Seshi Vanguru, Chief Revenue Officer at Trianz. “His strategic acumen, strong analytical skills, and exceptional ability to cultivate meaningful relationships will play a pivotal role in driving tangible business outcomes and fostering sustainable growth within our Data & Analytics Practice. As we continue to innovate and deliver transformative solutions to our clients, Ravishankar’s leadership will undoubtedly strengthen our commitment to driving value and excellence in the data-driven era.”
Ravishankar’s distinguished career includes senior leadership roles at renowned organizations such as Virtusa, Agilent Technologies, and NXP Semiconductors, where he incubated and scaled high performing offerings, platforms, and teams to drive business value in Data & Analytics, AI, API Integration, Microservices, SDLC Automation, Middleware Solutions, Application Modernization, and Generative AI.
“I am excited to join Trianz and lead the Data & Analytics Practice during this transformative era of digital evolution,” said Ravishankar. “I look forward to collaborating with the exceptional team at Trianz to deliver innovative solutions that not only meet but exceed our clients’ expectations. By leveraging cutting-edge, IP-led solutions, we’ll not only redefine the industry standards but also solidify our reputation as the go-to partner for forward-thinking organizations seeking to unlock the full potential of their data assets.”
Based in New Jersey, US, Ravishankar will leverage his expertise to accelerate Trianz’s growth trajectory in the data-driven landscape. Join us in extending a warm welcome to Ravishankar as we set out on this exciting journey to drive digital innovation and empower businesses to thrive in the data-driven era.
About TrianzTrianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our “IP Led Transformations” approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media Team
[email protected] +1-408-387-5800
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