Artificial Intelligence
Wireless Network Security Market to be Worth $59.66 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, July 12, 2023 /PRNewswire/ — The global wireless network security market size is estimated to reach USD 59.66 billion by 2030, expanding at a CAGR of 12.5% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. The wireless network security market growth can be attributed to the growing number of cyberattacks, increasing adoption of Bring Your Own Devices (BYOD), and advancements in various wireless networking solutions such as unified threat solutions, Identity and Access Management (IAM), and Intrusion Prevention System (IPS)/Intrusion Detection System (IDS), among others. Further, the Covid-19 pandemic led work from home concept accelerated the adoption of wireless devices, which forced companies to implement wireless network security solutions to strengthen the security of wireless devices and keep the enterprise data.
Key Industry Insights & Findings from the report:
The services segment is expected to register a CAGR of 13.8% from 2023 to 2030. The shifting various end-use companies focus on professional and managed services to implement wireless network security solutions with minimum costs and improved operational efficiency. Furthermore, rising demand for efficient network administration and unified communication solutions is expected to propel the adoption of managed services in the forecast period.The cloud segment is expected to register a CAGR of 13.8% from 2023 to 2030. The cloud segment is expected to witness considerable growth during the forecast period owing to its various benefits, such as low operating costs, the minimum requirement of hardware and software, availability of diverse subscription packages, and enhanced network security, among others.The Small & Medium-sized Enterprises (SMEs) segment is expected to witness the highest CAGR of 15.6% from 2023 to 2030. Availability of low-cost and custom wireless networking solutions and SMEs’ inclination towards strengthening their cybersecurity to avoid any security breaches is supporting the growth of the wireless network security market in SMEs.The IT & telecom segment is anticipated to expand at a CAGR of 14.6% from 2023 to 2030. The advancements in wireless technologies and high adoption of 5G and 6G wireless services by telecommunication companies to improve their services are driving the growth of the wireless network security market in the IT & telecom sector. Further, telecommunication companies.The Asia Pacific segment is anticipated to expand at a CAGR of 14.1% from 2023 to 2030. The Asia Pacific wireless network security market is fueled by rapid advancements in digital infrastructure, the proliferation of connected devices, and significant penetration by global market players.Read full market research report for more latest Insights, “Wireless Network Security Market Size, Share & Trends Analysis Report By Component (Solution, Services), By Deployment (Cloud, On-premise), By Enterprise Size (Large Enterprises, SMEs), By End Use, By Region, And Segment Forecasts, 2023 – 2030”, published by Grand View Research.
Wireless Network Security Market Growth & Trends
With the advent of new technologies, and the internet, organizational networks are becoming more prone to cyber-attacks for data theft. These organizations are integrating wireless network security solutions in their businesses to guard themselves from unauthorized access, and malicious activities. The advancements in emerging technologies such as Machine Learning, big data analytics, Artificial Intelligence, Blockchain, and cloud computing, are creating positive outlook for the wireless network security market. The companies operating in the wireless network security market are investing in their R&Ds to develop advanced wireless network security solutions to attract potential audience and increase their revenue stream. For instance, in September 2022, Nokia Corporation, a telecommunication company, launched its new brand AVA (Automation, Visualization, Analytics) and will develop its Operation Support System (OSS), Business Support System (BSS), and security software applications under this brand. The AVA provides advanced security solutions with various features such as no code configuration, AI & ML integration, multi-cloud orchestration, and open Application Programming Interfaces (APIs), creating a favorable environment for the wireless network security market.
The rising awareness of wireless network security importance is propelling their adoption in various end-use sectors such as retail, BFSI, healthcare, government & defense, transportation & logistics, energy & utilities, and education, among others. The industry players emphasize developing end-user specific wireless network security solutions to improve their customer base and brand positioning. For instance, in July 2022, a provider of IT systems and data solutions for clinicians and analysts, NHS Digital, opened the Wireless Centre of Excellence to develop cutting-edge wireless network security technologies for 5G-connected hospitals, and medical facilities.
Wireless Network Security Market Report Scope
Report Attribute
Details
Market size value in 2023
USD 26.23 billion
Revenue forecast in 2030
USD 59.66 billion
Growth rate
CAGR of 12.5% from 2023 to 2030
Base year for estimation
2022
Historical data
2018 – 2021
Forecast period
2023 – 2030
Wireless Network Security Market Segmentation
Grand View Research has segmented the global wireless network security market based on component, deployment, enterprise size, end use, and region:
Wireless Network Security Market – Component Outlook (Revenue, USD Billion, 2018 – 2030)
SolutionEncryptionFirewallIdentity and Access ManagementIntrusion Prevention System (IPS)/Intrusion Detection System (IDS)United Threat SolutionsOthers (Content Filtering, Authentication, Data Loss Prevention)ServicesProfessional ServicesManaged ServicesWireless Network Security Market – Deployment Outlook (Revenue, USD Billion, 2018 – 2030)
CloudOn-premiseWireless Network Security Market – Enterprise Size Outlook (Revenue, USD Billion, 2018 – 2030)
Large EnterprisesSmall and Medium-sized EnterprisesWireless Network Security Market – End-use Outlook (Revenue, USD Billion, 2018 – 2030)
BFSIRetailIT & TelecomHealthcareManufacturingGovernment & DefenseOthers (Entertainment, Education, Energy & Utilities, Transportation & Logistics)Wireless Network Security Market – Regional Outlook (Revenue, USD Billion, 2018 – 2030)
North AmericaU.S.CanadaEuropeGermanyUKFranceItalySpainAsia PacificChinaIndiaJapanSouth KoreaAustraliaLatin AmericaBrazilMexicoArgentinaMiddle East & AfricaU.A.ESaudi ArabiaSouth AfricaList of Key Players in the Wireless Network Security Market
ADT Inc.Amazon Web Services, Inc.Broadcom, Inc.Check Point Software Technologies Ltd.Cisco Systems Inc.Dell Technologies, Inc.Fortinet, Inc.Hewlett Packard Enterprise Development LP (Aruba Networks)Honeywell International Inc.Huawei Technologies Co., Ltd.International Business Machines CorporationJuniper Networks, Inc.Motorola Solutions, Inc.Palo Alto Networks, Inc.Sophos Ltd.Check out more market research studies published by Grand View Research:
Managed Security Services Market – The global managed security services market size is expected to reach USD 87.5 billion by 2030, growing at a CAGR of 15.4% from 2023 to 2030, according to a recent report from Grand View Research, Inc. Factors such as the growing demand for outsourcing services across various BFSI, healthcare, manufacturing, IT & telecommunication industries, and the enterprises focus on their key competencies are expected to drive the market’s growth.Network Security Sandbox Market – The global network security sandbox market size is expected to reach USD 40.48 billion by 2025, according to a new report by Grand View Research, Inc. The convergence between information technology and Internet of Things (IoT) has paved the way for the cyber security breaches. The absence of requisite identity and access management provision in the IoT technology raises the vulnerability of the majority of the business organizations to the malicious malware attack. The adoption of latest and advanced intrusion prevention solution thus became part and parcel for the business enterprises to protect sensitive information from the data security breach.Container Security Market – The global container security market size is expected to reach USD 9.88 billion by 2030, expanding at a CAGR of 26.5% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is poised for growth due to various factors including the increasing adoption of cloud technologies, the rise of mobile computing, integration of advanced technologies like Artificial Intelligence (AI), the Internet of Things (IoT), and Machine Learning (ML) with security solutions, and organizational focus on achieving higher productivity and profitability through digital transformation.Browse through Grand View Research’s Network Security Research Reports.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry JamesCorporate Sales Specialist, USAGrand View Research, Inc.Phone: 1-415-349-0058Toll Free: 1-888-202-9519Email: [email protected]: https://www.grandviewresearch.comGrand View Compass | Astra ESG SolutionsFollow Us: LinkedIn | Twitter
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Artificial Intelligence
Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM with around 500K AMRs shipment by 2030 – LogisticsIQ
NEW DELHI, Sept. 20, 2024 /PRNewswire/ — The global Autonomous Mobile Robots (AMRs) market is poised for significant growth, driven by increasing demand for automation across various sectors, including logistics, manufacturing, and healthcare. According to the latest market research by LogisticsIQ (5th Edition), Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM by 2030 with a CAGR of ~30% between 2024 and 2030. We expect the installed base of AMRs to reach 2 million units in 2030.
Download a Free Sample of our report on Autonomous Mobile Robots Market
Key Market Drivers
Increased Efficiency: Businesses are rapidly adopting AMRs to enhance operational efficiency, reduce labour costs, and streamline workflows.Labor Shortages: The ongoing labour shortages in various industries have accelerated the need for automated solutions, making AMRs a crucial investment for companies.Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technology are making AMRs more capable and reliable.Growing E-Commerce: The rise of e-commerce has created a demand for efficient warehouse management solutions, further boosting the AMR market.Regional Insights
North America leads the AMR market, accounting for the largest share due to the early adoption of automation technologies. Meanwhile, the Asia-Pacific region, especially China is expected to witness the fastest growth, fuelled by rapid industrialization and increasing investments in smart factories. US and China are going to contribute ~40% of this market by 2030.
Industry Applications
Autonomous mobile robots are being utilized in various applications, including:
Warehouse Automation: AMRs enhance inventory management and order fulfillment processes. This industry is expected to lead with more than 75% share by 2030.Manufacturing: Robots facilitate material handling and assembly line operations. Traditionally, it has been dominated by AGVs but are getting replaced by AMRs due to more flexibility and scalability features.Healthcare: AMRs assist in transporting medical supplies, improving patient care and operational efficiency. It is a niche market but high growing area to focus further.Purchase the full report on the Autonomous Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the Autonomous Mobile Robots Market
Top Factors Driving Growth
Increased Demand for Automation: Businesses across industries are increasingly seeking automation to enhance efficiency and reduce operational costs.Technological Advancements: Innovations in AI, machine learning, and sensor technologies improve the capabilities and reliability of AMRs, making them more attractive to businesses.Labor Shortages: Ongoing labour shortages, especially in sectors like logistics and manufacturing, are pushing companies to adopt AMRs to maintain productivity.Growth of E-Commerce: The surge in online shopping requires efficient warehouse and logistics solutions, driving the adoption of AMRs for inventory management and order fulfillment.Improved Safety Standards: AMRs can reduce workplace accidents by taking over hazardous tasks, leading to safer working environments.Customization and Scalability: Many AMR solutions offer customizable features that allow businesses to scale operations according to their specific needs.Top Challenges
High Initial Costs: The upfront investment for AMRs can be substantial, which may deter smaller businesses from adoption.Integration with Existing Systems: Integrating AMRs into current operational workflows and legacy systems can be complex and resource-intensive.Regulatory Compliance: Navigating regulatory requirements and safety standards can pose challenges, especially in highly regulated industries.Limited Awareness and Understanding: Some businesses may lack knowledge about AMR technology and its potential benefits, hindering adoption.Technical Limitations: While technology is advancing, AMRs may still struggle with navigating complex environments or handling unexpected obstacles.Cybersecurity Concerns: As AMRs become more connected, they may be vulnerable to cybersecurity threats, requiring robust security measures.Know more about Autonomous Mobile Robots Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of Autonomous Mobile Robots Market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of Autonomous Mobile Robots like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media Contact
Name: Sunny M.Email: [email protected]: +91-952-918-4938
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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, Executive Director of the Board of Huawei and CEO of Huawei Cloud Zhang Ping’an delivered a keynote speech “Thrive with the Cloud: Reshaping Industries with AI”. Zhang states that enterprises must seize opportunities in the intelligent era and use AI to build competitive advantages. The key is to adopt an AI-native mindset now.
First, enterprises should actively embrace AI, open up industry scenarios, and develop enterprise AI platforms. This will enable AI to serve their core business. Today, Huawei Cloud Pangu Models have been applied in more than 30 industries and 400 scenarios.
Second, AI computing power is critical. Enterprises need to build AI-native cloud infrastructure that matches their requirements. Zhang officially released CloudMatrix to interconnect and pool all resources including CPUs, NPUs, DPUs and memory. It marks an evolution from monolithic to matrix compute. CloudMatrix comprises an AI-native cloud infrastructure in which everything can be pooled, peer-to-peer, and composed, providing enterprises with abundant AI computing power.
Third, data quality determines the effectiveness of AI models. We need to build knowledge-centric data foundations to enable data to serve AI better. Huawei Cloud has fully upgraded DataArts to provide customers with AI-oriented and knowledge-centric data foundations. The updated features include AI+data convergence engines, data development and governance, knowledge services, and AI+data application enablement services.
Fourth, build suitable AI models based on business applications. We must abandon the misconception that larger models are better. It is not feasible to address all needs with just one foundation model. Pangu Models 5.0 are available in different sizes, with parameters in the billions, tens of billions, hundreds of billions, and trillions. The complete series of Pangu models meet practically all business application needs.
In addition, Huawei Cloud’s Pangu 5.0 models enhance spatiotemporal controllable generation (STCG) in the field of multimodal generation. For autonomous driving，the Pangu model can generate driving scenarios that accurately mirror the physical world. It can generate videos that reflect normal driving scenarios, random road conditions and accidental and aggressive driving, allowing automotive enterprises to train autonomous driving more efficiently.
Huawei Cloud officially released the Mainframe-to-Cloud Solution, designed to help customers develop new core systems on the cloud with high availability, easy O&M, and better agility, helping customers achieve 99.999% financial-grade high availability. Currently, most banks in China have chosen Huawei to build their new core systems on the cloud.
Tao Jingwen, Huawei’s Director of the Board and President of the Quality, Business Process & IT Mgmt Dept, recounted Huawei’s digital transformation journey. Huawei has developed a methodology, which can be broken down into three layers, five phases, and eight steps. The three layers are redefining intelligent business, AI model development and delivery, and ongoing optimization of intelligent applications. The five phases are identifying suitable scenarios, reshaping processes, transforming organizations, optimizing corporate data, and adopting AI applications.
Bruno Zhang, CTO of Huawei Cloud, presented insights on how Huawei Cloud is leveraging AI to reshape data centers, infrastructure, and cloud services. He also addressed the construction of an AI-native cloud designed to accelerate intelligence in industries. The “1+N” Pangu assistant system, unveiled by Mr. Zhang, signifies a new era in cloud service interaction. The system includes Pangu Doer, and the myriad use cases in product R&D, data analytics, security, and office collaboration, where Pangu models are trained using the scenario-specific data, know-how, and practices to enhance cloud services and boost efficiency with tailored AI.
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Artificial Intelligence
Creative by Nature: HUAWEI Launches GoPaint Worldwide Creating Activity 2024
BARCELONA, Spain, Sept. 20, 2024 /PRNewswire/ — On September 19, HUAWEI officially launched the GoPaint Worldwide Creating Activity 2024 themed “Creative by Nature”. From the kickoff day to December 31, 2024, painting enthusiasts around the world can share their unique digital art works on HUAWEI Community platform.
With their HUAWEI MatePad tablets, designed to spark creativity, global consumers can bring the “Creation of Beauty” concept to life. The HUAWEI GoPaint Worldwide Creating Activity invites aspiring artists to unleash their inner creativity and continue to be inspired.
The new HUAWEI MatePad Pro 12.2-inch and HUAWEI MatePad 12 X come with powerful hardware and enhanced writing & painting experience when working with the most updated GoPaint App. The app’s professional brush engine, diverse canvas options, and FangTian Painting Engine 2.0 provide a seamless, authentic, and user-friendly creative experience.
The Activity is divided into five groups, with themes of Sci-Fi Art, Design & Fashion, Narrative Art, Cutting-edge Painting, and Digital Watercolor & Ink. Find out more in the the Official Website and get ready to paint on your HUAWEI MatePad[1]!
In the HUAWEI GoPaint Worldwide Creating Activity, you could win the chance to showcase your artwork worldwide and in app placements. You’ll also have the opportunity to share your creative journey in video interviews. For more details, please visit the official website: https://consumer.huawei.com/en/campaign/gopaint/
[1] MatePad tablets that support the GoPaint App are required, such as HUAWEI MatePad Pro 13.2, HUAWEI MatePad 11.5S, HUAWEI MatePad Pro 12.2, and HUAWEI MatePad 12 X.
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