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High Performance Message Infrastructure Market Size Worth $2.41 Billion By 2028: Grand View Research, Inc.

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The global high performance message infrastructure market size is estimated to reach over USD 2.41 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.3% from 2021 to 2028. The increase in the adoption of IoT platforms is one of the key factors driving the market growth. Additionally, the development of enhanced IT infrastructure is driving the demand for high-performance message infrastructure platforms and services.

Key Insights & Findings:

  • The In terms of components, the software segment accounted for the largest revenue share in 2020 and is expected to retain its dominance over the forecast period as well. This can be attributed to the increase in the adoption of message-oriented hardware and middleware infrastructures among enterprises. In addition, the services segment is anticipated to register the highest CAGR of around 16% over the forecast period
  • In terms of industry vertical, the BFSI segment accounted for the largest revenue share in 2020 and is expected to dominate the market throughout the forecast period. As customers are going digital, banks and financial organizations are under constant pressure to offer better services and enhance their experience. This has increased the demand for advanced IT infrastructure and services to expedite the transformation process. Meanwhile, the transportation and logistics segment is anticipated to register the highest CAGR of nearly 21% over the forecast period
  • North America dominated the market in 2020 and is expected to continue leading over the forecast period. This can be attributed to the presence of a large number of market players in the region. Moreover, the region is also the largest producer of automation equipment and home to technological adopters as well as innovators
  • Meanwhile, Asia Pacific is anticipated to expand at the highest CAGR of around 16% over the forecast period. This growth is attributed to the growing cloud infrastructure spending by large as well as small & medium enterprises in the region. For instance, the cloud infrastructure spending of China grew by 66% from 2019 to 2020, recording USD 19 billion

Read 100 page market research report, “High Performance Message Infrastructure Market Size, Share & Trends Analysis Report By Component (Software And Services), By Industry Vertical, By Region, And Segment Forecasts, 2021 – 2028“, by Grand View Research

The outbreak of COVID-19 and its unsettling influence has significantly impacted a majority of industries. However, it has also provided new opportunities for cloud-based solutions and infrastructures. Many organizations have adopted the work-from-home approach during the pandemic, which has increased the demand for platform integration services. This, in turn, has accelerated the adoption of high-performance message infrastructure to ease communication between business logic codes.

High-performance message infrastructure is a technology that provides a single shared messaging provision for a safe, easy, enhanced, and efficient integration of applications and services on numerous platforms. Moreover, even in fluctuating connectivity circumstances, a high-performance message infrastructure allows users to ensure uninterrupted functioning of the systems and avoid information loss.

The market has also benefitted from the high adoption of hybrid solutions and integration platforms, which, in turn, is contributing to the increasing investments in online high-performance message infrastructure components. The adoption of cloud solutions and services has already become a norm for a majority of businesses, and the trend is expected to witness growth over the coming years. For instance, according to Cloud Computing Statistics by Cloudwards, approximately 48% of businesses store their essential enterprise data on the cloud and nearly 94% of enterprises leverage cloud services for their business. The study also projects that by 2025, more than 100 zettabytes of data would be kept on the cloud.

Grand View Research has segmented the global high-performance message infrastructure market based on component, industry vertical, and region:

  • High Performance Message Infrastructure Component Outlook (Revenue, USD Million, 2016 – 2028)
    • Software
    • Services
  • High Performance Message Infrastructure Industry Vertical Outlook (Revenue, USD Million, 2016 – 2028)
    • BFSI
    • IT & Telecom
    • Government
    • Retail
    • Energy & Utilities
    • Transportation & Logistics
    • Others
  • High Performance Message Infrastructure Regional Outlook (Revenue, USD Million, 2016 – 2028)
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa

List of Key Players of the High Performance Message Infrastructure Market

  • Amazon Web Services, Inc.
  • Confinity Solutions GmbH
  • IBM Corporation
  • MuleSoft LLC, a Salesforce company
  • Oracle
  • Red Hat, Inc.
  • SAP SE
  • Solace
  • TIBCO Software Inc.
  • TWILIO INC.

Browse through Grand View Research’s coverage of the Global Communications Infrastructure Industry:

  • Internet of Things Market – The Internet of Things market is estimated to grow at 15.2 % to reach over USD 1.88 trillion by 2022. Technological proliferation and increasing investments are expected to drive the global market over the next seven years.
  • Cloud Security Market – The global cloud security market size is expected to reach USD 12.63 billion by 2024. Growing number of targeted cyberattacks and increasing investments in cloud infrastructure are anticipated to trigger the growth of the market.
  • Cloud Managed Services Market – The global cloud managed services market size is expected to reach USD 82.51 billion by 2025. The growing emphasis on mobility coupled with the requirement to focus on core business functions will drive the market growth rate.

Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

Artificial Intelligence

Computime announces the launch of one of the first true Matter thermostats

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HONG KONG, May 27, 2024 /PRNewswire/ — Computime Group, a leading innovator in manufacturing, branded products and technology solutions, is proud to announce the upcoming launch of one of the first true Matter thermostats. This milestone highlights our commitment to pioneering smart home technology and providing our OEM and ODM customers with state-of-the-art solutions. 

Matter is set to revolutionize the Internet of Things (IoT) landscape as the next-generation standard for connected devices. Developed by the Connectivity Standards Alliance, Matter offers an open, universal protocol that is not bound to any single ecosystem, providing consumers with unparalleled freedom and flexibility. It ensures privacy-sensitive, secure, and reliable local controls without the need for cloud dependency, addressing the growing demand for enhanced privacy and security in smart home devices. 
The key principles driving Matter’s development include simplicity, reliability, interoperability, and security. By ensuring that all Matter-certified devices work seamlessly together, Matter eliminates the complexities often associated with smart home technology. This leads to greater compatibility, easier setup, and more robust user experiences across various device types, including thermostats.
Computime’s Matter thermostat represents a significant advancement in smart home technology, providing our customers with cutting-edge solutions and a short lead time to market, to meet the growing demand for interconnected and efficient home environments. We invite our customers to explore the capabilities of our new thermostat solutions. Computime’s extensive expertise in developing and manufacturing smart home devices ensures that our customers receive high-quality, reliable products with a short lead-time that stand out in the competitive market.
CONTACT: Computime Group, [email protected]

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GVG featured on the 2024 Africa RegTech Horizon-100 list

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MADRID, May 27, 2024 /PRNewswire/ — Global Voice Group (GVG) now features as one of the top 100 Africa-focused innovative RegTech organizations that are set to power Africa to a $1 billion market size by 2025. 

This acknowledgment bears witness to GVG’s compliance monitoring capabilities within the Mobile Money (MM) ecosystem. GVG developed the Mobile Money Monitoring (M3) solution, an intelligent data platform that supports East African regulatory authorities in monitoring the fast-expanding MM market. Through M3, the authorities can ensure the security and integrity of the related financial transactions, as well as transparency and compliance, for enhanced revenue assurance. M3 currently monitors approximately 25% of the financial flows passing through MM platforms in East Africa, verifying over 90 billion USD worth of transactions annually.
Moreover, the platform is also in use in Central and West Africa, in the Republic of Congo and in Ghana. In Congo, M3 has brought the local telecommunications regulator, the ARPCE, 100% visibility and control over all utility payments made via Mobile Money to the government. In Ghana, it has contributed to an average annual growth of 20% in revenue since its deployment. Overall, M3 has captured, verified and analyzed 1 trillion USD in MM transaction value since 2014.
After demonstrating the relevance, effectiveness, and innovation of the M3 solution to the jury, composed of recognized leaders of the Regtech industry, GVG was shortlisted and, following the voting phase, earned a place on the prestigious list. The M3 platform uses machine learning to ensure effective oversight of the MM market, ensure regulatory compliance and detect suspicious transactions. Since its first implementation in 2013, GVG’s M3 solution has provided the relevant regulatory authorities with reliable MM ecosystem metrics to support data-driven decision-making, promote compliance within the market, and reduce fraud and revenue leakage.
Responding to the announcement, James Claude, GVG’s CEO, declared: “It is with a great sense of achievement that I see GVG featuring among the 100 top RegTech providers in Africa. On behalf of the whole company, I sincerely thank Africa RegTech Horizon, as well as our voters, for supporting us in what we do best: providing governments and regulatory authorities with the market insights they need to address the challenges related to the fast-expanding financial ecosystem.”
The Africa RegTech Horizon-100 list is a directory of African RegTech companies and solution providers compiled to showcase the products and services of the latter, as well as assist financial institutions, regulators, and governments in identifying high-performing and trustworthy RegTech providers.
About GVG
Founded in 1998 and present in 11 countries, Global Voice Group is a global provider of ICT and RegTech solutions for governments and regulatory bodies. GVG assists governments and authorities, through Big Data analytics, in their digital transformation and the effective promotion of compliant and truly inclusive digital ecosystems. The company monitors, collects and analyses data from crucial economic sectors and turns it into actionable information. We promote data-driven decision-making.
Discover GVG’s website: www.globalvoicegroup.com
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Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

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HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.

Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
Photo – https://mma.prnewswire.com/media/2421983/image.jpg
Photo – https://mma.prnewswire.com/media/2421640/Live4Well.jpg
Logo – https://mma.prnewswire.com/media/2421641/4725441/Live4Well.jpg
 
 

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