Artificial Intelligence
[Latest] Global Cross-Border B2C E-commerce Market Size/Share Worth USD 7945.2 Billion by 2032 at a 27% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USA, Aug. 07, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Cross-border B2C E-commerce Market Size, Trends and Insights By Offering (In-house Brands, Assorted Brands), By Payment Method (Digital Wallets, Credit/Debit Cards, Internet Banking, Others), By Category (Entertainment & Education, Apparel & Accessories, Consumer Electronics, Home Furnishing, Personal Care & Beauty, Healthcare & Nutrition, Footwear, Food & Beverage, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.
“According to the latest research study, the demand of global Cross-Border B2C E-commerce Market size & share was valued at approximately USD 788.5 Billion in 2022 and is expected to reach USD 1504.1 Billion in 2023 and is expected to reach a value of around USD 7945.2 Billion by 2032, at a compound annual growth rate (CAGR) of about 27% during the forecast period 2023 to 2032.”
Click Here to Access a Free Sample Report of the Global Cross-Border B2C E-commerce Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=27612
Cross-border B2C E-commerce Market: Growth Factors and Dynamics
- Globalization and International Trade: Globalization has facilitated cross-border trade and opened up new markets for businesses to reach consumers worldwide. Cross-border B2C e-commerce allows businesses to expand their customer base beyond domestic borders and tap into international markets, leading to increased competition and opportunities for growth.
- Technological Advancements: Technological innovations play a crucial role in the dynamics of the cross-border B2C e-commerce market. Advancements in internet connectivity, mobile devices, digital payment systems, artificial intelligence, and big data analytics have transformed the way businesses conduct cross-border transactions and engage with international customers.
- Changing Consumer Behavior: Shifts in consumer behavior such as the increasing preference for online shopping, convenience, and access to a diverse range of products, have fueled the growth of cross-border B2C e-commerce. Consumers now expect seamless and secure international shopping experiences.
- Payment and Logistics Solutions: The availability of secure and efficient payment gateways and logistics solutions is vital for the success of cross-border B2C e-commerce. Businesses need to offer multiple payment options, support various currencies, and provide reliable shipping and delivery services to gain consumers’ trust.
- Regulatory and Legal Environment: Compliance with varying international regulations, including customs, tariffs, taxation, data privacy, and consumer protection laws, is a critical aspect of cross-border e-commerce operations. The regulatory environment can impact market access and business operations in different regions.
- Customer Trust and Experience: Building trust with international customers is essential for cross-border B2C e-commerce success. Businesses must prioritize customer experience, ensure transparency, and provide excellent customer support to retain and attract global consumers.
- Cross-Border Partnerships and Collaborations: Strategic partnerships and collaborations between e-commerce platforms, logistics providers, and payment companies are essential for streamlining cross-border operations and enhancing the overall customer experience.
Request a Customized Copy of the Cross-Border B2C E-commerce Market Report @ https://www.custommarketinsights.com/request-for-customization/?reportid=27612
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 1504.1 Billion |
| Projected Market Size in 2032 | USD 7945.2 Billion |
| Market Size in 2022 | USD 788.5 Billion |
| CAGR Growth Rate | 27% CAGR |
| Base Year | 2022 |
| Forecast Period | 2023-2032 |
| Key Segment | By Offering, Payment Method, Category and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Cross-Border B2C E-commerce report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Cross-Border B2C E-commerce report has been modified to include the COVID-19 impact study prior to delivery.)
Request a Customized Copy of the Cross-Border B2C E-commerce Market Report @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
Cross-border B2C E-commerce Market: COVID-19 Analysis
- The surge in Online Shopping: During the pandemic, with physical retail outlets closed and movement restrictions in place, consumers increasingly turned to online shopping for their needs. This surge in online shopping extended to cross-border B2C e-commerce as consumers sought to access a wider range of products not available locally.
- Demand for Essential Products and Medical Supplies: The pandemic led to a surge in demand for essential products, personal protective equipment (PPE), and medical supplies. Cross-border B2C e-commerce played a crucial role in facilitating the global distribution of these goods.
- Supply Chain Disruptions: The pandemic disrupted global supply chains, leading to delays in manufacturing, shipping, and delivery of products. This affected cross-border e-commerce businesses that rely on efficient logistics and international trade.
- Regulatory Changes and Trade Restrictions: Many countries implemented trade restrictions and customs regulations during the pandemic to manage the flow of goods. These changes impacted cross-border B2C e-commerce operations, leading to delays and added compliance requirements.
- E-commerce Technology Adoption: The pandemic accelerated the adoption of e-commerce technologies and digital payment solutions. Cross-border B2C e-commerce platforms that offered seamless and secure payment options gained a competitive edge.
Request a Customized Copy of the Cross-Border B2C E-commerce Market Report @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
Key questions answered in this report:
- What is the size of the Cross-Border B2C E-commerce market and what is its expected growth rate?
- What are the primary driving factors that push the Cross-Border B2C E-commerce market forward?
- What are the Cross-Border B2C E-commerce Industry’s top companies?
- What are the different categories that the Cross-Border B2C E-commerce Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Cross-Border B2C E-commerce market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Buy this Premium Cross-Border B2C E-commerce Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
List of the prominent players in the Cross-border B2C E-commerce Market:
- Amazon.com Inc.
- Alibaba Group Holding Limited
- eBay Inc.
- ASOS
- Jingdong JD.com
- Fruugo.com Ltd.
- Veepee
- Rakuten
- SIA Joom (Latvia)
- Zalando
- Others
Request a Customized Copy of the Cross-Border B2C E-commerce Market Report @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)
Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media?
Email Directly Here with Detail Information: [email protected]
Browse the full “Cross-border B2C E-commerce Market Size, Trends and Insights By Offering (In-house Brands, Assorted Brands), By Payment Method (Digital Wallets, Credit/Debit Cards, Internet Banking, Others), By Category (Entertainment & Education, Apparel & Accessories, Consumer Electronics, Home Furnishing, Personal Care & Beauty, Healthcare & Nutrition, Footwear, Food & Beverage, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
Cross-border B2C E-commerce Market – Regional Analysis
- Europe: Europe was one of the leading regions in the cross-border B2C e-commerce market. The region’s well-developed e-commerce infrastructure, high internet penetration, and ease of cross-border trade within the European Union (EU) contributed to its prominence. Countries like the UK, Germany, and France were major players in the European cross-border e-commerce landscape.
- North America: North America, particularly the United States, had a strong presence in the cross-border B2C e-commerce market. The region’s large consumer base, tech-savvy population, and established logistics networks facilitated cross-border transactions. Additionally, the presence of leading e-commerce companies headquartered in the US contributed to the region’s influence in the global market.
- Asia Pacific: The Asia Pacific region exhibited significant growth potential in the cross-border B2C e-commerce market. China, in particular, was a major player, given its large population, expanding middle class, and growing interest in international products. Other countries in the region, such as South Korea and Japan, also contributed to the market’s growth.
- Latin America: Latin America represented an emerging market for cross-border B2C e-commerce. Countries like Brazil, Mexico, and Argentina showed increasing interest in international products and brands. However, cross-border e-commerce in this region faced challenges related to customs, import duties, and logistics.
- Middle East and Africa: The Middle East and Africa had a smaller presence in the cross-border B2C e-commerce market compared to other regions. However, with improving internet access and a rising middle-class population, the region showed potential for future growth in cross-border online shopping.
Click Here to Access a Free Sample Report of the Global Cross-Border B2C E-commerce Market @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
Spectacular Deals
- Comprehensive coverage
- Maximum number of market tables and figures
- The subscription-based option is offered.
- Best price guarantee
- Free 35% or 60 hours of customization.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantees are available.
- Personalized market brief by author.
Browse More Related Reports:
Online Sports Betting Market: Online Sports Betting Market Size, Trends and Insights By Type (Line-In-Play, Fixed Old Betting, Daily Fantasy, E-Sports, Exchange Betting, Spread Betting, Others), By Sports Type (Football, Cricket, Tennis, Baseball, Volleyball, Basketball, Hockey, Horse Riding, Boxing, Golf, Racing, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
Multi-Cloud Networking Market: Multi-Cloud Networking Market Size, Trends and Insights By Component (Solution, Services), By Deployment Mode (Public Cloud, Private Cloud), By Enterprise Size (Large Enterprise, Small and Medium Enterprise), By Industry Verticals (BFSI, IT and Telecom, Retail and E-Commerce, Healthcare, Manufacturing, Energy and Utilities, Media and Entertainment, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
Virtual Events Industry Market: Virtual Events Industry Market Size, Trends and Insights By Type (Conference, Webinar, Virtual expo fairs and festivals, Entertainment, Others), By Source (Ticket Sale, Sponsorship, Others), By Age Group (Below 20 years, 21 to 40 years, Above 40 years), By Platform (Web based software, XR Platform), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
Unmanned Systems Market: Unmanned Systems Market Size, Trends and Insights By Type (Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Unmanned Sea Systems), By Application (Military and Law Enforcement, Commercial, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
Virtual Event Platform Market: Virtual Event Platform Market Size, Trends and Insights By Solution (Software, Services), By Enterprise Size (Virtual Event Platforms for SMEs, Virtual Event Platforms for Large Enterprises), By End User (Virtual Event Platforms for Enterprises or Corporates, Virtual Event Platforms for Event Management Agencies, Virtual Event Platforms for Academic Institutions, Virtual Event Platforms for Trade Show Organizers, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
Track and Trace Solutions Market: Track and Trace Solutions Market Size, Trends and Insights By Product (Software, Hardware Components, Standalone Platforms), By Technology (2D Barcodes, Radiofrequency Identification (RFID), Linear Barcodes), By End Use (Pharmaceutical Companies, Food Industry, Cosmetic Industry, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
The Cross-border B2C E-commerce Market is segmented as follows:
By Offering
- In-house Brands
- Assorted Brands
By Payment Method
- Digital Wallets
- Credit/Debit Cards
- Internet Banking
- Others
By Category
- Entertainment & Education
- Apparel & Accessories
- Consumer Electronics
- Home Furnishing
- Personal Care & Beauty
- Healthcare & Nutrition
- Footwear
- Food & Beverage
- Others
Click Here to Get a Free Sample Report of the Global Cross-Border B2C E-commerce Market @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
By Region
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Cross-Border B2C E-commerce Market Research/Analysis Report Contains Answers to the following Questions.
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Cross-Border B2C E-commerce Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Cross-Border B2C E-commerce Market? What Was the Capacity, Production Value, Cost and PROFIT of the Cross-Border B2C E-commerce Market?
- What Is the Current Market Status of the Cross-Border B2C E-commerce Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Cross-Border B2C E-commerce Market by Considering Applications and Types?
- What Are Projections of the Global Cross-Border B2C E-commerce Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Cross-Border B2C E-commerce Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Cross-Border B2C E-commerce Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Cross-Border B2C E-commerce Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Cross-Border B2C E-commerce Industry?
Click Here to Access a Free Sample Report of the Global Cross-Border B2C E-commerce Market @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
Reasons to Purchase Cross-Border B2C E-commerce Market Report
- Cross-Border B2C E-commerce Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Cross-Border B2C E-commerce Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Cross-Border B2C E-commerce Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Cross-Border B2C E-commerce Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Cross-Border B2C E-commerce market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Cross-Border B2C E-commerce Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Cross-Border B2C E-commerce market analysis.
- The competitive environment of current and potential participants in the Cross-Border B2C E-commerce market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Cross-Border B2C E-commerce market should find this report useful. The research will be useful to all market participants in the Cross-Border B2C E-commerce industry.
- Managers in the Cross-Border B2C E-commerce sector are interested in publishing up-to-date and projected data about the worldwide Cross-Border B2C E-commerce market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Cross-Border B2C E-commerce products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
Request a Customized Copy of the Cross-Border B2C E-commerce Market Report @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
About Custom Market Insights:
Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.
CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.
Follow Us: LinkedIn | Twitter | Facebook | YouTube
Contact Us:
Joel John
CMI Consulting LLC
1333, 701 Tillery Street Unit 12,
Austin, TX, Travis, US, 78702
USA: +1 801-639-9061
India: +91 20 46022736
Email: [email protected]
Web: https://www.custommarketinsights.com/
Blog: https://www.techyounme.com/
Blog: https://atozresearch.com/
Blog: https://www.technowalla.com/
Blog: https://marketresearchtrade.com/
Buy this Premium Cross-Border B2C E-commerce Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/cross-border-b2c-e-commerce-market/
Artificial Intelligence
CapitaLand Investment launches research paper on ‘Asia Pacific Data Centre Investment Strategies in the Age of Digitalisation’
Strong secular tailwinds drive investors’ interest in the region’s sector
SINGAPORE, July 5, 2024 /PRNewswire/ — CapitaLand Investment (CLI) has launched its latest research paper on investment strategies for Asia Pacific’s (APAC) data centre (DC) industry as part of its ‘Perspectives’ research series. Leveraging insights from CLI’s expertise on the ground, the research paper highlights the demand drivers behind the rapid growth of DCs in the region and strategic investment considerations for investors. The paper also includes a case study on navigating India’s DC sector.
Ms Michelle Lee, CLI’s Managing Director, Private Funds (Data Centre), said: “Digitalisation is a global mega trend driving the growth of data centres. With the DC sector’s strong secular tailwinds, 97% of institutional investors plan to increase their capital allocation into the sector1, particularly in Asia Pacific. As DCs are more resilient, allocation to this asset class can be an integral part of investors’ portfolio diversification strategy.”
“CLI has accelerated our growth in the DC sector, adding 22 DCs since 2021. Today, we have 27 DCs with about US$4.5 billion assets under management and more than 800 megawatts (MW) in gross power across eight countries globally2. CLI has vertically integrated DC capabilities spanning across design, development, sales, and operations. With DC domain capabilities, combined with our deep market knowledge, deal-sourcing and investment network in Asia, we are well-positioned to partner with investors to tap into the wealth of opportunities in the sector,” added Ms Lee.
APAC as a strong growth market
While cloud computing has been the primary driver for DC demand, the rise of artificial intelligence (AI) is now fuelling a more explosive growth. The revolution in the scale at which data is being used and managed is fundamentally a global phenomenon, but nowhere is it unfolding as rapidly as in APAC markets. On population per MW basis, APAC markets are underserved compared to regions such as EMEA and North America3.
APAC economies are not only growing faster, the region’s enormous population and swelling internet user base also cement its status as a highly attractive destination for DC investment. Its internet user base has grown seven-fold since 2005, compared to the growth of 1.9 times in the Americas and 1.8 times in Europe over the same period4. Going forward, APAC markets should continue to lead, as internet adoption further increases given the lower penetration rates in the region.
DC transactions in APAC rose about 2.4 times to approximately US$22 billion from 2019 to 2023, compared to the preceding five years, even as markets generally stagnated during the COVID-19 pandemic5.
While hyperscalers continue to drive DC demand, APAC colocation market is also expected to double in size to US$52 billion by 20266, becoming the world’s largest colocation DC market.
Key DC markets in APAC
Tokyo, Osaka, Seoul, Singapore and Sydney are key developed DC markets in APAC7. These markets have achieved scale and are important DC hubs in the region.
Beijing and Shanghai also show promise due to China’s large population, growing digital services sectors, strong government support, and robust long-term economic prospects.
Increasing demand for DCs in India
Highlighting India as a hotspot for DC investment, Mr Sanjeev Dasgupta, CLI’s CEO for India, said: “India’s DC industry has seen increasing interest from institutional investors and has a long runway for further growth. India has the world’s second highest number of mobile subscribers and one of the fastest growing data consumption per user rates. The government’s digitalisation drive, data localisation regulation as well as the growth of cloud and AI will generate more demand for DC capacity. With CLI’s 30 years of experience in India, we have the capabilities and a deep understanding of the local market. We have a dedicated team of DC experts in India and are currently developing four DCs across the key markets of Mumbai, Bengaluru, Chennai and Hyderabad with a total gross power of 244 MW.”
The seven major cities in India – Mumbai, Bengaluru, Chennai, Hyderabad, Delhi NCR, Pune, and Kolkata – are the focal points for new DC development, offering strategic locations with proximity to key business centres. Mumbai stands out as the preeminent hub, hosting more than half of the country’s DC capacity8 with the other major cities mentioned developing strongly.
Opportunities and strategic considerations
Different DC models offer a spectrum of options for investors, catering to different preferences and risk appetites. However, the lack of stabilised DCs available for sale in APAC means the most promising opportunities for investors lie in developing new DCs – a strategy that can both satisfy new demand and yield higher returns.
Power availability has taken centre stage as a crucial determinant for DC locations. There is also a growing emphasis on sustainability. Increasingly, DC users and savvy operators are seeking to reduce their carbon footprints by being more energy-efficient and tapping renewable energy sources.
Investors should also be mindful of the geopolitical, regulatory and technological risks associated with DC investments. It is therefore crucial for investors to collaborate with DC partners who have a strong network, local expertise, and specialist domain knowledge.
To read the full research paper on DC investment strategies in APAC, visit: https://www.capitaland.com/global/en/about-capitaland/newsroom/Perspectives/2024/Apac_Data_Centre_Investment_Strategies_Age_of_Digitisation.html
Launched in 2022, Perspectives is CLI’s series of thematic and topical research reports aimed at providing proprietary insights on real asset investment trends and strategies, private equity developments, macroeconomy and markets. For more, visit:https://www.capitaland.com/en/investment/news-and-events/perspectives.html
[1] 2024 Global Data Centre Investor Sentiment Survey, CBRE.
[2] Includes data centres in operation and under development.
[3] The World Bank, United Nations, CBRE, CLI PERA Research, June 2024.
[4] ITU World Communication, CLI PERA Research, June 2024.
[5] MSCI, Real Capital Analytics, CLI PERA Research, June 2024.
[6] CBRE, CLI PERA Research, June 2024.
[7] CBRE, Cushman & Wakefield, DC Byte, CLI PERA Research, June 2024.
[8] Avendus, “DCs: Powering Digital India”, May 2023, DC Byte, CLI PERA Research, June 2024.
Logo – https://mma.prnewswire.com/media/2259522/CapitaLand_without_investment_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/capitaland-investment-launches-research-paper-on-asia-pacific-data-centre-investment-strategies-in-the-age-of-digitalisation-302189520.html
Artificial Intelligence
Securden Recognized as a Market Leader in GigaOm Radar Report for Enterprise Password Management
Securden has become a leader and an outperformer with cutting-edge features, rapid market advancements, and consistent customer value.
WILMINGTON, Del., July 4, 2024 /PRNewswire/ — Securden, Inc., a leading provider of privileged access and identity security solutions, today announced that it has been recognized as a leader and outperformer in GigaOm Radar Report for Enterprise Password Management.
GigaOm rigorously evaluates vendors in various solution segments and produces Radar reports with valuable insights to assist enterprise decision-makers in evaluating and investing in solutions.
The GigaOm Radar 2024 on Enterprise Password Management examined 13 enterprise password management solutions. “Securden is positioned in the innovation quadrant. It offers a strong solution, and its approach is to take its customers on a journey to broader PAM, with password management simply one focus area. It scored well across all of the decision criteria we evaluated, placing it as a leader, and its execution of the emerging features and rate of progress in the market classify it as an Outperformer,” states the report.
Securden has earned top ratings in key evaluation criteria, including platform security, security auditing, PAM capabilities, ease of management, ease of use, and scalability.
“We are proud to be recognized as a market leader in Enterprise Password Management by GigaOm Radar,” said Bala Venkatramani, CEO of Securden, Inc. “Protecting various identities used by humans and machines is a top priority for IT teams. Our platform offers a comprehensive privileged identity security solution, witnessing rapid adoption by SMBs and Enterprises globally. With innovation at the core, we are committed to offering simplicity and affordability in cybersecurity. This recognition affirms our strong market presence and our focus on providing powerful capabilities to strengthen our customers’ security posture.”
Securden offers robust protection for the vault with controls like access hardening, resilient deployment, and strong data protection approaches. It offers insights into password usage, identifies poor practices, flags failure to follow password standards, issues breach warnings identifying compromised passwords, and more. These measures significantly help reduce password-related risks.
Streak of Recognition
EMA Research, a top industry analyst firm, recently published an impact brief recognizing the Securden Unified PAM MSP platform as a groundbreaking development in privileged access management for MSPs. “By eliminating the need for disparate PAM solutions and providing comprehensive functionality within a single package, Securden empowers MSPs to deliver robust, scalable, and secure PAM services to their clients with unparalleled efficiency and confidence,” states the impact brief.
About Securden
Securden provides leading privileged access governance and identity security solutions that uniquely combine critical security principles to prevent cyberattacks, malware propagation and insider exploitation. With products designed for security and scalability (Password Vault for Enterprises, Unified PAM, Endpoint Privilege Manager, and Unified PAM MSP), Securden is trusted by organizations worldwide, including large financial institutions, government agencies, healthcare organizations, educational institutions, IT service providers, MSPs, and manufacturing companies. For more information, visit https://www.securden.com.
Media ContactJames [email protected]
Logo – https://mma.prnewswire.com/media/2362812/securden_logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/securden-recognized-as-a-market-leader-in-gigaom-radar-report-for-enterprise-password-management-302189680.html
Artificial Intelligence
Managed Security Services Market Forecast to Exceed USD 101.86 Billion by 2031 Due to Escalating Security Concerns | SkyQuest Technology
WESTFORD, Mass., July 4, 2024 /PRNewswire/ — According to SkyQuest, the global Managed Security Services Market size was valued at USD 26.89 billion in 2022 and is poised to grow from USD 31.18 billion in 2023 to USD 101.86 billion by 2031, growing at a CAGR of 15.95% during the forecast period (2024-2031).
The global managed security services market has been growing rapidly, over the last couple of years, due to the increasing security threats or risks and increasing challenges in managing security over IT networks. It’s impossible to ignore the fact that small businesses face relentless cyberattacks, including malware, ransomware, advanced threats, advanced persistent threats, and data breaches, leading to remote and hybrid operations systems.
Download a detailed overview:
https://www.skyquestt.com/sample-request/managed-security-services-market
Managed Security Services Market Overview:
Report Coverage
Details
Market Revenue in 2023
USD 31.18 billion
Estimated Value by 2031
USD 101.86 billion
Growth Rate
Poised to grow at a CAGR of 15.95%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Service Type, Type, Organization Size, Security, Type and Industry Vertical
Geographies Covered
North America, Europe, Asia Pacific, and the Rest of the world
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Surge in Demand for Managed Detection and Response (MDR) Service
Key Market Drivers
Cyber Threats are Growing Complex
Segments covered in Managed Security Services Market are as follows:
Service TypeManaged IAM, managed vulnerability management, managed risk and compliance, managed detection and response, managed firewall, and managed SIEM and log management, othersTypeFully managed, co-managedOrganization SizeSmall and medium-sized enterprises, Large enterprisesSecurity TypeNetwork security, cloud security, endpoint security, application security, othersIndustry VerticalBFSI, government, healthcare & life sciences, telecommunications, IT and ITeS, Retail and eCommerce, energy and utilities, manufacturing, and other verticalsRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/managed-security-services-market
Rapid Responders: Incident Response Services
Managed detection and response are the large segment in the managed security services market. Managed detection-response services provide continuous improvement, threat detection, and response capabilities critical to today’s enterprises facing sophisticated cyber threats. This segment is characterized by the increasing prevalence and importance of cyberattacks advanced threat detection and response strategies beyond traditional security measures. The ability of the MDR service to provide comprehensive analysis of security incidents and take corrective action quickly is essential to minimize potential damage and ensure business continuity.
Managed identity and access management is the fastest growing segment in the market. The rising growth in this sector is driven by the need for robust stakeholder solutions in an era of digital transformation and remote collaboration. The rise of cyber threats and increasing regulatory requirements for data security and privacy and the main drivers of this segment.
Data Guardians: Data Protection Services
The global market recognizes the dominant position of the entire service management segment. This dominance is largely due to the scope of this role, in which companies assume full responsibility for an organization’s security programs from security providers, especially those without in-house security expertise or resources. These roles cover a wide range of security measures, including threat identification, incident response, compliance management and continuous monitoring. Adoption rates are also driven by the increasing complexity of cyber threats, which require a strong, 24/7 monitored security measure that only specialized providers can provide further strengthening its position as the largest market share.
In addition to the dominance of fully managed services, the advanced management segment is growing the fastest in the global market. This increase is driven by hybrid security models that offer a collaborative approach between internal IT teams and external security providers.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/managed-security-services-market
Safeguarding Tomorrow’s Digital Frontiers
As businesses and organizations take on the cyber panorama in terms of severe, MSS vendors remain vigilant guards, the use of advanced era and professional insights. Managed Security Services (MSS) have emerged as the cornerstone of present-day cybersecurity strategies, presenting strong protection in opposition to threats in a more and more digital international.
Related Report:
Cyber Security Market
Network Security Market
Endpoint Security Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/managed-security-services-market-forecast-to-exceed-usd-101-86-billion-by-2031-due-to-escalating-security-concerns–skyquest-technology-302189493.html
-
Artificial Intelligence7 days agoSpotlight on Authentic AI: Developers Making Real Contributions Beyond AI Washing Claims
-
Artificial Intelligence6 days agoAsia Pacific View: Foreigners Looking for the Most Practical Smart Technology at the 2024 World Intelligence Expo
-
Artificial Intelligence7 days ago
CO2 AI Launches First Solution to Compute Product Emissions at Scale
-
Artificial Intelligence16 hours agoConsole Connect Recognized with Frost & Sullivan’s 2024 Global Technology Innovation Leadership Award for Its Outstanding Automation and Blockchain Solutions
-
Artificial Intelligence6 days agoLucinity’s AI Innovation Recognized at Microsoft’s Prestigious Global Partner Awards 2024
-
Artificial Intelligence7 days ago
Tech Companies Leading the Charge in the Transformative AI Era
-
Artificial Intelligence7 days ago
North American grocery retailer digitizes stores with Pricer Plaza in 90 MSEK order
-
Artificial Intelligence7 days agoNetwork Security Market Set to Reach $58.42 Billion by 2031 Due to Emerging Threats | SkyQuest Technology
