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Global Optical Sorter Market Size, Share & Industry Trends Analysis Report By Application, By Platform, By Type, By Regional Outlook and Forecast, 2021 – 2027

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New York, May 09, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Optical Sorter Market Size, Share & Industry Trends Analysis Report By Application, By Platform, By Type, By Regional Outlook and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06273367/?utm_source=GNW
Agricultural seeds, coffee, fruit, cereals, confectionery, nuts, meat, and seafood, as well as recycling materials such as plastic, metal, organic waste, and paper; and mining materials including precious metals and industrial minerals are all sorted using the optical sorter. An optical sorter has a number of advantages, including increased productivity, the production of high-quality commodities, and lower labor expenses.

The feed system, image processing unit, optical system, and separation system unit are the major components of an optical sorter. In order to disperse the material into a single layer, the feed system is commonly used to feed the high-speed conveyor belt. To detect the substance, it is accelerated and examined by numerous cameras or sensors. Some of the light is absorbed by the materials on the belt as the material passes under the light, while other light waves are reflected. A number of camera lenses pointing towards the conveyor belt capture the reflected light waves. The spectrometer reads each material’s unique light wave, which is used to distinguish between distinct types of materials. Once the material has been detected, it is evacuated in one of two ways, upward or downward. Optical sorting can be used to distinguish and separate a variety of materials, such as timber, plastics, and glass. Various companies are currently improving lenses and cameras, as well as developing systems that are better and faster at picking and retrieving materials.

The most important element fueling the growth of the optical sorter market is increased food safety and security concerns. As consumers expect higher levels of product quality, there is a demand for improved sort performance in order to detect minor and subtler flaws. There is rigorous regulation stating that all food makers are concerned for the security and safety of their products and due to this, food cannot be dangerous or harmful to the health of customers.

One of the driving reasons for the optical sorting market is automating and managing processes so that it consistently delivers the appropriate product grade at the highest return. Automatic quality control inspection is a tireless, consistent, objective, and quick means of achieving immediate superior results. It also enables the collection of useful statistical data and the documentation of the quality process. The utilization of a sophisticated optical sorter system for quality control saves waste and boosts profit.

COVID-19 Impact

The COVID-19 outbreak caused a significant downfall to various economies all over the world. The outbreak of the novel coronavirus slowed down numerous businesses globally. In addition, due to the rapid spread of the infection, governments all over the world were forced to impose countrywide lockdowns. Owing to the travel restrictions under the lockdown, the supply chain of various goods, as well as intermediate goods, was significantly disrupted. Moreover, the lockdown also caused a considerable hindrance to various manufacturing facilities worldwide. Due to this, world economy was majorly disrupted. The closure of manufacturing units caused by the COVID-19 pandemic has been a major setback for countries with export-oriented economies.

Market Growth Factors

The growing trend of automation

In the modern era, the trend of automation is rapidly increasing. In addition, with the help of optical sorting technology, companies can enhance their performance by eliminating errors and increasing efficiency by using automation. Several sectors are focusing on automation to speed up operations along with maintaining the quality of final products. Growing automation in main optical sorter target industries, such as recycling, food, and mining, is considered as a favorable indicator for the growth of the market. Innovative and clever technologies have been leveraged to manage and minimize specific waste, like food and plastic waste, in recent years. Many food processing procedures require automated sorting, and the demand for this technology is growing in order to ensure consistent product quality as well as traceability of all foreign materials.

The advent of advanced detection technologies

Optical sorters may now improve product quality, increase yield, and better understand parts of processing processes due to the recent improvements in sensing technology and intelligent software. Despite these developments, producers still face a number of problems, the most significant of which is the complexity of operating optical sorters. To address these issues, new software is focusing on user-friendly systems that provide processors the ability to set rejection requirements. Optical machines are growing easier to use as well as becoming more intelligent. Advanced statistics, as well as data analysis tools, are widely available for monitoring optical sorter performance parameters.

Market Restraining Factors

The high initial cost of the product

Optical sorting equipment is expensive because it employs modern technologies. Although optical sorters offer numerous benefits, their upfront cost may prevent certain potential end-users with tight budgets from adopting these devices. The cost of ancillary equipment such as compressed air, dust removal, and washing systems, as well as the cost of additional sizing and crushing equipment, and the cost of optional equipment, including conveyors to feeders, containers, sorting crates, and conveyors from channel to collecting containers, is included in the capital investment for the installation of optical sorters. It also includes the total cost of the system’s installation. Moreover, the maintenance cost of the product is also high due to the highly expensive products that are comprised in the machine.

Application Outlook

Based on Application, the market is segmented into Food, Recycling, and Mining. In 2020, the food segment witnessed the largest revenue share of the optical sorter market. The increased demand for quality-rich food items delivered in shorter time frames, as well as increasing automation, are driving this segment of the market. Food products are considered as essential items, and due to the supply chains disruption by COVID-19, food companies are eager to implement automation across their food processing procedures in order to meet stringent quality standards and government regulations. It would have an impact on food processing equipment investments, such as optical sorters. Additionally, the emergence of the COVID-19 pandemic has resulted in a rising demand for hygienic and disinfected food, as well as frozen veggies.

Platform Outlook

Based on Platform, the market is segmented into Belt, Lane, Hybrid, and Freefall. In 2020, the hybrid segment registered a promising revenue share of the optical sorter market. The increasing growth of this segment is owing to the significant number of advancements that are being introduced across the hybrid optical sorter devices. A new hybrid flow-based digital and droplet microfluidic device with incorporated optical detection as well as electroporation features has been developed. Unlike traditional microtiter plate-based reactions, the droplet/digital optofluidic platform allows totally automated genetic engineering procedures with significantly fewer reagents, making it ideal for applications needing high-throughput screening and reactions.

Type Outlook

Based on Type, the market is segmented into Cameras, Lasers, Hyperspectral cameras & Combined Sorters, NIR (near-infrared) and Others. In 2020, the cameras segment acquired the largest revenue share of the optical sorter market. Camera-based optical sorting devices are widely being employed in various industries due to their increased precision and the ability to detect minor to major defects in products. This technology is increasingly being utilized in industries such as food and recycling. In the quick-frozen fruit and vegetable processing business, camera sorting equipment are the most appropriate and cost-efficient optical food sorting equipment. In addition, the RGB full-color series cameras are well-suited to multi-color applications or slight shade fluctuations. Therefore, the growth of camera-based optical sorter machines is constantly increasing.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, North America garnered the largest revenue share of the optical sorter market. Factors including rising population, technological breakthroughs, growing industries, strong industrial sectors, and overall increased demand for automation are all contributed to the growth of this regional market. Automated sorting is a critical technology for several food processing companies in North America. Another element fueling this market’s growth is the existence of strong food safety laws. Recycling is another important application in this region, owing to the US’s emphasis on waste management. The prevailing well-established infrastructure for mining applications in the region also contributes to the market’s growth in North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Buhler Group, Tomra Systems ASA, Hefei Meyer Optoelectronic Technology, Inc., Allgaier Werke GmbH, Key Technology, Inc. (Duravant LLC), Hefei Taihe Intelligent Technology Group Co., Ltd., STEINERT GmbH, Sesotec GmbH, CP Global, and Satake USA, Inc. (Satake Corporation).

Strategies Deployed in Optical Sorter Market

Sep-2021: Key Technology launched VERYX 2.0, digital sorters at Pack Expo Las Vegas. This product can deliver minimum operating costs, defect removal to optimize product quality and maximize yield, enhance the certainty of foreign material, and easy to access technology. Moreover, this product features enhanced laser scanner technology, high-performance sorting of food products, next-generation LED illumination, a new mechanical layout, and new powerful software-driven by artificial intelligence.

Jul-2021: Satake Australia signed a non-exclusive agency agreement with Centreline Technologies, a specialized company that offers planning, design, and manufacturing of equipment and systems for food and pharmaceutical. Through this partnership, Satake would extend its support and offer to the consumer with skilled technical teams of Satake as well as Centreline Engineering.

Jun-2021: Bühler introduced Sortex A Glow Vision, an optical sorting solution. Through this launch, the company focused on providing a one-machine solution and its host of complex aspects and advantages including an accurate highly double-sided cameras, flexible chute configuration, and custom-built inspection system. Moreover, With the increasing demand for food packaging and bottle-to-bottle applications, the global plastic market would witness pure and premium products with the help of Sortex A GlowVision.

Jun-2021: Satake launched the NIRAMI series, its largest and latest optical sorter in size and capacity. The product is manufactured to skillfully arrange seeds, pulses, grains, and many other products. Additionally, it provides flexible configurations and extra-wide chutes offering a large variety of processing and applications capacities along with multiple sizes.

Feb-2021: Satake introduced Beltuza Spectra, its latest optical sorter. The product accurately categorizes high-quality unhealthy products such as tree nuts with internal insect damage. Additionally, Beltuza Spectra uses a patented AI and sorting algorithm along with X-ray data, infra-red, and visuals.

Dec-2020: TOMRA introduced TOMRA 5C, a groundbreaking optical food sorting system. TOMRA 5C is a dried and nut processing system, developed to stock up double as much capacity to grow and fulfill the enterprise requirement. Additionally, it is easy to maintain and clean as well as its enduring investment would provide savings for upcoming years.

Apr-2020: Key Technology launched its latest sorting system for fresh-cut apple products. The solution delivers the merger of Key’s Iso-Flo shakers, grading systems, belt conveyors, and rotary sizing along with VERYX digital sorter. Additionally, by discarding seeds, stem, foreign material, flower and core, product flaws with rot and skin, dark and light stains, through this sorting inspection enhance yield increase and product quality as well as reduce labor requirements.

Scope of the Study

Market Segments covered in the Report:

By Application

• Food,

• Recycling, and

• Mining

By Platform

• Belt

• Lane

• Hybrid, and

• Freefall

By Type

• Cameras

• Lasers

• Hyperspectral cameras & Combined Sorters

• NIR (near-infrared) and

• Others

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• Buhler Group

• Tomra Systems ASA

• Hefei Meyer Optoelectronic Technology, Inc.

• Allgaier Werke GmbH

• Key Technology, Inc. (Duravant LLC)

• Hefei Taihe Intelligent Technology Group Co., Ltd.

• STEINERT GmbH

• Sesotec GmbH

• CP Global

• Satake USA, Inc. (Satake Corporation

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free
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WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

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LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
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IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

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BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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Identity Threat Detection and Response (ITDR) Market worth $35.6 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, May 10, 2024 /PRNewswire/ — The growing need for identity-centric security solutions brought on by an increase in cyberattacks and regulatory compliance requirements will define the Identity Threat Detection and Response (ITDR) Market in the future. The growth of ITDR solutions towards more proactive and autonomous security operations is being shaped by several major trends, including integration with IAM platforms, use of AI and ML technologies, and emphasis on UEBA and Zero Trust security.

The global Identity Threat Detection and Response Market size is projected to grow from USD 12.8 billion in 2024 to USD 35.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period, according to a new report by MarketsandMarkets™. The expansion of identity threat detection and response (ITDR) is propelled by the continuously evolving global threat landscape and combating threat-targeting identities and identity systems. ITDR provides response strategies ensuring the protection of sensitive and confidential data.
Browse in-depth TOC on “Identity Threat Detection and Response (ITDR) Market”
266 – Tables 48 – Figures273 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259116012
Scope of the Report
Report Metrics
Details
Market size available for years
2022-2029
Base year considered
2023
Forecast period
2024-2029
Forecast units
Value (USD) Billion
Segments Covered
By offering deployment mode, organization size, vertical and region
Region covered
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America
Companies covered
Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), Quest (US), Oort(US), Vectra (US), Proficio (US), Qomplx (US), Adaptive Shield (Israel), Acalvio (US), Authorize (Israel), Illusive (US), Mindfire (UAE), Rezonate (US), Semperis (US), Sentinelone (US), Silverfort (Israel), Netwrix (US), Vericlouds (US), Microminder (UK), Quorum Cyber (UK) and Mix mode (US). 
Governments worldwide increasingly emphasize the importance of robust identity threat detection and response (ITDR) solutions to counter growing cyber threats and safeguard critical infrastructure. Key initiatives include funding research and development grants, supporting startups through grants and incubator programs, and enforcing data privacy regulations like GDPR and CCPA. They also promote cybersecurity frameworks, critical infrastructure protection standards, and public awareness campaigns. Collaboration with the private sector, through partnerships and procurement policies, further drives ITDR market growth. These efforts underscore a global recognition of ITDR’s significance in enhancing digital security and compliance with industry regulations.
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By deployment mode, the cloud segment is expected to demonstrate the highest growth rate in the Identity Threat Detection and Response Market during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is experiencing a notable shift towards cloud-based deployments, which are projected to dominate in the coming years. Cloud solutions offer various advantages, including scalability, reduced infrastructure costs, faster deployment, improved accessibility, and automatic updates. With businesses increasingly adopting cloud technologies and prioritizing agility and innovation, cloud-based ITDR solutions align well with this evolving landscape. The cybersecurity skills shortage further drives the preference for cloud solutions, given their built-in automation and ease of management. While on-premises ITDR solutions may still be favored in scenarios with stringent data security requirements, the overall trend favors cloud-based deployments due to their scalability, agility, and cost-effectiveness. Cloud providers continue to innovate and enhance their offerings, making them increasingly attractive to businesses of all sizes, ultimately shaping the dominance of cloud-based ITDR in the foreseeable future.
Based on organization size, the SMEs segment is projected to exhibit the highest growth rate at the highest CAGR during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is set for significant growth, particularly among Small and Medium-Sized Enterprises, driven by several key factors. SMEs face increased vulnerability due to limited security resources, a growing reliance on digital tools, and evolving cyber threats. Heightened awareness of cyber risks and emerging data privacy regulations are pressuring SMEs to invest in ITDR solutions. The affordability and scalability of cloud-based ITDR solutions further contribute to SME adoption. These solutions offer improved threat detection, enhanced user access control, and simplified compliance management, positioning SMEs as pivotal drivers of growth in the ITDR market.
Asia Pacific is anticipated to experience substantial growth with the highest CAGR in the Identity Threat Detection and Response Market during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is experiencing remarkable growth globally, particularly in the Asia-Pacific region, where it is projected to witness the highest Compound Annual Growth Rate. This surge is fueled by several factors specific to the area. APAC’s rapid digital transformation, propelled by adopting cloud computing, mobile technologies, and e-commerce platforms, creates an expanded attack surface for cyber threats. Heightened regulatory focus on data privacy regulations in countries like China, India, and Australia drives the demand for robust ITDR solutions to ensure compliance. The emergence of domestic cybersecurity vendors in APAC and the increasing adoption of cloud-based ITDR solutions contribute to market growth. Government initiatives, such as heavy investments in cybersecurity infrastructure and public-private partnerships, create a supportive environment for the ITDR market’s expansion. Despite facing challenges like a shortage of skilled cybersecurity professionals, the APAC region’s unique dynamics position it as a key driver of ITDR market growth. It is crucial in protecting critical infrastructure and businesses against cyber threats in the digital age.
Top Key Companies in Identity Threat Detection and Response (ITDR) Market:
The major players in the Identity Threat Detection and Response Market are Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), Quest (US), Oort(US), Vectra (US), Proficio (US), Qomplx (US), Adaptive Shield ( Israel), Acalvio (US), Authomize (Israel), Illusive (US), Mindfire (UAE), Rezonate (US), Semperis (US), Sentinelone (US), Silverfort (Israel), Netwrix (US), Vericlouds (US), Microminder (UK), Quorum Cyber (UK) and Mixmode (US).
Recent Developments
January 2024 – IBM collaborated with ASUS to enhance cybersecurity by utilizing AI-powered security technologies to detect and remediate attacks swiftly. IBM’s QRadar EDR will be integrated directly into ASUS’s business hardware, supported by MDR services from IBM.January 2024 – Aembit integrates its Workload IAM Platform with CrowdStrike Falcon for real-time security posture assessment, enabling dynamic access policy enforcement. This collaboration enhances ITDR capabilities, ensuring secure workload-to-workload access.October 2023 – BeyondTrust partnered with the AWS SaaS Factory team to build their Identity Security Insights solution as a SaaS offering on AWS. This collaboration helped BeyondTrust navigate business and technical decisions for a successful SaaS model launch.September 2023 – CyberArk collaborates with Accenture to deploy CyberArk Privilege Cloud to enhance PAM solutions. This initiative aims to bolster cybersecurity defenses by managing and monitoring privileged access, which is crucial for ITDR. The collaboration leverages CyberArk’s Identity Security Platform, enabling comprehensive security for identities across various IT environments, aligning with ITDR principles by securing access and mitigating risks associated with privileged accounts.July 2023 – Microsoft partnered with CISA by offering expanded cloud logging capabilities at no additional cost. This initiative directly supports ITDR by improving detection and response to identity-related threats, making it easier for organizations to maintain identity integrity and security through better visibility and monitoring of security incidents.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=259116012
Identity Threat Detection and Response (ITDR) Market Advantages: 
ITDR solutions assist avoid security breaches and data loss by enabling organisations to proactively detect and respond in real-time to identity-related threats such account takeovers, credential stuffing, and insider threats.ITDR solutions assist organisations in strengthening their security posture and safeguarding sensitive data and assets from unauthorised access and misuse by continually monitoring user activities, access patterns, and behaviour across digital channels and systems.Rapid incident response is made possible by ITDR systems, which immediately notify security teams of potentially dangerous activity and security issues. This allows the teams to quickly investigate and neutralise threats to minimise the damage to the organisation.By offering thorough visibility, audit trails, and reporting capabilities, ITDR solutions help enterprises comply with legal and regulatory requirements pertaining to identity and access management, data protection, and cybersecurity.ITDR systems with advanced analytics and machine learning capabilities help minimise noise and false positives, allowing security professionals to concentrate on real threats and efficiently prioritise their response efforts.Numerous ITDR systems come with easy-to-use dashboards and interfaces that give security teams the tools and knowledge they need to effectively monitor, assess, and address identity-related threats without the need for in-depth training or specialised knowledge.Organisations may take advantage of their investments and coordinate automated response activities throughout the security ecosystem by integrating ITDR solutions with pre-existing security technologies and systems like SIEM, IAM, CASB, and SOAR platforms.Report Objectives
To describe and forecast the global Identity Threat Detection and Response Market by offering, deployment mode, organization size, vertical, and regionTo forecast the market size of five central regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin AmericaTo analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall marketTo provide detailed information related to significant factors (drivers, restraints, opportunities, and challenges) influencing the growth of the marketTo analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major playersTo profile the key players of the Identity Threat Detection and Response Market and comprehensively analyze their market shares and core competenciesTo track and analyze competitive developments, such as Mergers and Acquisitions (M&A), new product developments, and partnerships and collaborations in the marketTo track and analyze the impact of COVID-19 on the Identity Threat Detection and Response MarketBrowse Adjacent Market: Information Security Market Research Reports & Consulting
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Insight: https://www.marketsandmarkets.com/ResearchInsight/identity-threat-detection-and-response-itdr-market.aspVisit Our Website: https://www.marketsandmarkets.com/Content Source : https://www.marketsandmarkets.com/PressReleases/identity-threat-detection-and-response-itdr.asp
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