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Marintec China 2023 Concluded with Record-Breaking Success

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Marintec China, the leading event of the maritime industry, concluded its highly anticipated 2023 edition on a high note. The exhibition took place at the Shanghai New International Expo Centre from 5 to 8 December and attracted maritime powerhouses, pioneers, innovators, and enthusiasts from around the world. Marintec China 2023 reinforced its position as the premier platform in Asia, with 80,518 professionals, representing a remarkable 12% growth from the last edition, Marintec China 2023 drew professionals from more than 100 countries and regions, with over 2,000 exhibiting companies, including 15 national and regional pavilions. Attendees participated in over 500 concurrent events and signed over 100 contracts during the four-day event. The knowledge and insights gained from the event will shape the future of the maritime industry.

Market Updates at Marintec China
The shipbuilding market took centre stage at Marintec China 2023, as industry players showcased their state-of-the-art vessels and shipbuilding technologies. According to the latest statistics from Clarksons Research, 1,547 new ship orders were placed worldwide in the first ten months of the year, totalling 20,060,400 corrected gross tons (CGT), and 4,359 ships totalling 122.58 million CGT were on the global shipyards’ order book. In terms of the new ship price, Clarksons Research’s new ship price index reached a new high of 176 at the end of October, the highest since 2009, with only an 8% difference from the historical high set in August 2008. In conclusion, the global newbuilding market is expected to continue its positive trend in the coming years.

Decarbonisation was the key theme of the 2023 edition, highlighting the maritime industry’s dedication to reducing greenhouse gas emissions. The event showcased various solutions, such as green design, green manufacturing, and the expansion of low-carbon and zero-carbon ship types. Significant breakthroughs have been made in developing methanol and ammonia fuel engines, and orders have been placed for LNG dual-fuel, methanol dual-fuel, and ammonia fuel ships. In parallel, major advancements have been made in the field of ship auxiliary equipment, particularly in the development of low-carbon products. These include marine fuel filling systems for LNG, LPG, methanol, and ammonia, ship exhaust gas desulphurisation and decarbonisation systems, carbon neutrality systems for methanol and other fuels, and zero-carbon fuel development systems. Marintec China is committed to driving a greener future for the industry.

Alternative fuels were also in the spotlight at Marintec China 2023, as the industry explores viable options to reduce reliance on traditional fossil fuels. According to Clarksons Research statistics, 55.8% of new orders signed in 2022 were for alternative fuel ships, and in the first 10 months of this year there were 346 new orders for alternative fuel ships totalling 30.3 million DWT, accounting for 35% of all new ship orders. Orders for methanol fuel ships increased significantly reaching 120 ships totalling 11.47 million DWT. The event provided a platform for stakeholders to discuss the benefits, challenges, and potential applications of these emerging fuel sources, paving the way for a more sustainable and diversified maritime energy landscape. The cruise market was another important element of Marintec China 2023. With the global cruise market showing a rapid recovery with a positive trend, cruise lines have been resuming voyages one after another. Moreover, international cruise giants have announced their return to China in 2024 to reboot home port operations. On 4 November, China’s first large cruise ship built, Adora Magic City, was named and delivered. It will officially begin operating on New Year’s Day 2024, starting its international routes with Shanghai as its home port. At Marintec China, exhibitors showcased the latest developments and trends in this dynamic sector, with innovative cruise ship designs, on-board technologies, and passenger experience enhancements.

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Special Events at Marintec China
In addition to the exhibition, Marintec China 2023 featured several other special events to complement the bustling show floor. The Senior Maritime Forum, a series of high-level discussions and panel sessions under the theme “Innovation, Intelligence, Low-Carbon”, brought together industry leaders, policymakers, and experts to address critical challenges and explore opportunities in the maritime sector. The inaugural Marintec Roundtable, held on 4 December at the Kerry Hotel Pudong, gathered key stakeholders in the maritime sector for a closed-door dialogue on the challenges of building a more resilient future. Marintec Innovation OnStage, highlighting breakthrough technologies and disruptive innovations that are shaping the future of the maritime industry. Marintec TV, broadcasted live from the exhibition floor, with VIP interviews with CEOs and industry experts, ensuring attendees could stay connected and engaged.

The Leading Maritime Barometer 
Marintec China 2023 provided attendees with a wealth of knowledge, valuable connections, and insights to take back to their respective organisations. “We are thrilled with the overwhelming success of Marintec China 2023,” said Ms Stella Fung, General Manager of Maritime, Informa Markets. “The record-breaking attendance and quality of exhibitors and attendees reflect the importance of this event in the global maritime industry. Marintec China will continue to be the catalyst for driving growth, fostering innovation and promoting sustainability within the industry.”

As one of the largest maritime events and the leading maritime barometer, Marintec China plays a pivotal role in advancing the maritime industry by providing a platform for knowledge exchange, technological advancement, and business opportunities. Planning is already underway for Marintec China 2025, with the Organiser looking forward to building on the success of this year’s edition. Marintec China 2025 will return to Shanghai from 2 to 5 December. We hope to see you all in two years’ time.

Organisers:
Marintec China is organised and managed by Informa Markets and Shanghai Society of Naval Architects & Marine Engineers (SSNAME).

Informa Markets
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

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Shanghai Society of Naval Architects and Marine Engineers (SSNAME)
Shanghai Society of Naval Architects and Marine Engineers (SSNAME) was founded on 25 February 1951 and has more than 5000 individual members and over 60 group members at the moment. The professional range of SSNAME covers academic and technical exchanging, exhibiting, popularization of science, editing, and publishing as well as scientific consulting in the field of naval architect and marine engineering.

SSNAME has established friendly cooperation with 14 overseas maritime engineering societies to promote bilateral and multilateral exchanges and cooperation. It’s one of the Sponsors of Pan Asian Association of Maritime Engineering Society (PAAMES), and elected as the first president. SSNAME is also a member of the World Maritime Technology Congress and hosted WMTC’18 which was held in December 2018.

As it always adheres to innovation and development, SSNAOE has achieved great success in academic exchange, scientific popularization, editing and publishing, international intercourse and organization optimization over years of endeavor. It was awarded “National Advanced Civil Organization” by the Ministry of Civil Affairs, “Advanced Collective under China Association for Science and Technology” by the Ministry of Personnel and China Association for Science and Technology. In recent years, it has been awarded the title of “5A-level Social Organization” in the evaluation of the standard construction of social organizations organized by Shanghai Civil Affairs Bureau and Shanghai Association Administration Bureau.

After 70 years of development, SSNAME has now won a high reputation and shown an evident academic influence in the shipbuilding and offshore engineering industry.

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Artificial Intelligence

Consumer Data Platform Market to reach USD 56.22 Bn dominated by Predictive Analysis Segment, Says Stellar Market Research.

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PUNE, India, July 16, 2024 /PRNewswire/ — Stellar Market Research, a global IT & Telecommunication Market research firm has published a competitive intelligence and market research report on the “Consumer Data Platform Market”. The Consumer Data Platform Market size was valued at USD 8.05 Bn in 2023 and the total Consumer Data Platform revenue is expected to grow at a CAGR of 32 percent from 2024 to 2030, reaching nearly USD 56.22 Bn by 2030.

The Customer Data Platform (CDP) market is experiencing significant growth due to the increasing demand for customer intelligence and omnichannel experiences. CDPs enable businesses to manage data volume and complexity from various customer channels, ensuring data unification and identity resolution. CDPs are essential for advertising and marketing strategies, offering personalized experiences while adhering to data protection regulations.
The report on the Consumer Data Platform Market involves a comprehensive analysis of market structure, competition, and growth drivers. The market size is methodically estimated using a bottom-up approach to understand growth patterns. Key insights typically cover major drivers at global levels, challenges for future growth, and opportunities arising from technological advancements. Regional analyses provide information on market leaders, penetration rates, and geographical factors influencing the industry. The qualitative and quantitative analyses are employed using tools like SWOT, PESTLE, and Porter’s Five Forces to guide investment and marketing decisions.
Market Size in 2023
USD 8.05 Bn.
Market Size in 2030
USD 56.22 Bn.
CAGR
32 percent (2024-2030)
Forecast Period
2024-2030
Base Year
2023
Number of Pages
278
No. of Tables
118
No. of Charts and Figures
110
Segment Covered
Component, Application, and Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage
Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Get your Sample PDF:https://www.stellarmr.com/report/req_sample/Customer-Data-Platform-Market/292 
What’s New: Recent Additions and Updates
An in-depth analysis of competitive developments in the market, such as mergers and acquisitions, product developments, partnerships, and collaborations.An in-depth analysis of ROI and cost-effectiveness for various types of CDP implementations across different industries and company sizes.Analysis of regulatory impacts on CDP adoption and usage, focusing on data privacy laws like GDPR, CCPA, and emerging global standards.Key Player Offerings
Tealium collaborates with Snowflake’s Snowpipe Streaming API, combining top-tier customer data collection and activation capabilities. It leverages Snowflake’s power to streamline how businesses get real-time customer behavior data into the Snowflake Data Cloud. This allows for faster analytics, AI applications, and a complete view of the customer to improve customer service and engagement.Nissan Motor Co Ltd. Japan has selected Treasure Data’s enterprise customer data platform (CDP) to enhance its customer experience strategy. The automaker aims to unify data and improve brand communication across all touchpoints. Treasure Data’s CDP will help Nissan achieve a 360-degree customer view, strengthen data governance, and integrate various platforms.First-Party Data Reshaping the Consumer Data Platform Market
Growing privacy concerns and regulatory measures are driving a major shift in the consumer data platform (CDP) market toward first-party data management. First-party data, or information acquired directly from consumers via their contacts with the business, is the emphasis of companies these days. When compared to third-party data, this data is more accurate, dependable, and privacy-compliant. According to SMR, first-party data is crucial since 80% of marketers think it offers the best return on investment (ROI). Leading companies in the CDP space, like Adobe, are taking advantage of this change by incorporating cutting-edge technology into their systems. For instance, Adobe’s Real-Time CDP uses machine learning and AI algorithms to evaluate first-party data and provide real-time insights and customization. This strategy increases customer satisfaction and boosts revenue. Businesses utilizing Adobe’s Real-Time CDP claim a 15% rise in customer satisfaction and a 25% improvement in marketing efficiency. Companies that centralize first-party data and adopt a unified data strategy see a 25% improvement in data accuracy and a 33% decrease in data management expenses. A 360-degree perspective of the consumer is made possible by centralization, which enables companies to send out marketing messages that are more accurate and timely. First-party data methods are expected to become more popular as companies prioritize data protection and customization, creating new opportunities for development and competitive advantage.
Request for a Sample Report:https://www.stellarmr.com/report/req_sample/Customer-Data-Platform-Market/292 
North America Leading the Consumer Data Platform Revolution
North America, particularly the United States is home to leading technology firms that drive innovation in in the consumer data platform market. According to SMR, more than 75% of Fortune 500 companies headquartered in North America contribute to a high demand for advanced data management solutions. This need is being driven by organizations’ need to use data for customized marketing, bettering customer experiences, and obtaining a competitive edge. North America is recognized for its strong revenue production from e-commerce and digital marketing, two industries that significantly depend on consumer data. For instance, the amount spent on digital advertising in the United States alone in 2023 was over $200 billion, highlighting the significant need for insights based on data. The United States exports software services worth about $50 billion a year, making the North American import and export of technology and software services important. Adoption rates and market trust are further supported by North America’s stringent legal frameworks, which include the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR). These frameworks ensure high standards in data management and protection. The region continues to grow the boundaries of technical innovation and data-driven business strategies, maintaining its position as the top-selling market for consumer data solutions.
Consumer Data Platform Market Segmentation
By Component
PlatformServicesBy Application
Personalized RecommendationsPredictive AnalyticsMarketing Data SegmentationCustomer Retention and EngagementSecurity ManagementOthersBy Vertical
BFSIRetail and eCommerceMedia and EntertainmentTravel and HospitalityTelecom and ITHealthcareOthersConsumer Data Platform Market Key Competitors include
Informatica LLCIBM CorporationOracle CorporationSAP SEStibo Systems A/SRiversand Technologies, Inc.OthersInquire Before Buying:https://www.stellarmr.com/report/enquire_now/Customer-Data-Platform-Market/292 
Key questions answered in the Consumer Data Platform Market are:
What is a Consumer Data Platform?What is the current growth rate of the Consumer Data Platform Market?Who are the key players in the Consumer Data Platform Market?What are the strategies used by competitors in the Consumer Data Platform Market?What are the growth prospects in developing countries for the Consumer Data Platform Market?Which segment is expected to witness the fastest growth and why in the Consumer Data Platform Market in 2023?What are the factors affecting growth in the Consumer Data Platform Market?Who held the largest market share in the Consumer Data Platform Market?What is the demand pattern for the Consumer Data Platform Market?What are the opportunities for the Consumer Data Platform Market?Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)Past Pricing and price curve by region (2018 to 2022)Market Size, Share, Size & Forecast by Different Segment | 2024−2030Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by RegionMarket Segmentation – A detailed analysis by Component, Application, Vertical, and RegionCompetitive Landscape – Profiles of selected key players by region in a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s analysisValue chain and supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendationsStellar Market Research a leading IT & Telecommunication research firm, has also published the following reports:
Web Scraper Software Market: The market size was valued at US $ 785.68 Million in 2023 and the total Market revenue is expected to grow at 13 % from 2024 to 2030, reaching nearly US $ 1848.41 Million.
Data Center Virtualization market: The market was valued at USD 9.98 Billion. In 2023 the total revenue is expected to grow at a CAGR of 17.5% through 2024-2030, reaching nearly USD 30.88 Billion.
Europe Big Data Market: The market size was valued at US$ 86.20 Bn. in 2023 and the total revenue is expected to grow at 7.8% through 2024 to 2030, reaching nearly US$ 145.84 Bn. by 2030.
Data Integration Market: The market size was valued at US$ 13.12 Bn in 2023. The Global Data Integration Market is estimated to grow at a CAGR of 11.23% over the forecast period.
Master Data Management Market: The market was valued at USD 21.76 billion in 2023. Global Master Data Management Market size is estimated to grow at a CAGR of 15.9 % over the forecast period.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4,
Pinnac Memories Fl. No. 3,
Pune, Maharashtra, 411029
[email protected]
+91 9607365656
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Linkedin | Twitter | Facebook | Instagram |
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Artificial Intelligence

Access Control Market to Be Worth $19.6 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., July 16, 2024 /PRNewswire/ — According to a new market research report titled, ‘Access Control Market by Offering (Hardware {Biometric Devices, Electronic Locks, Other}, Software {Cloud, On-premise}, Services), End User (Residential, Commercial {Retail, IT & Telecom, Other}, Industrial), and Geography – Global Forecast to 2031,’ the access control market is projected to reach $19.6 billion by 2031, at a CAGR of 10.6% from 2024 to 2031.

Download Sample Report Now- https://www.meticulousresearch.com/download-sample-report/cp_id=5097 
The growth of the access control market is driven by the rising demand for advanced access control devices, growing safety & security concerns related to unauthorized access, and the increasing number of smart home projects around the world. However, the high initial costs of deployment limit the adoption of access control systems, restraining the growth of this market.
Furthermore, organizations’ increasing preference for cloud-based access control systems and the growing use of wireless access controls are expected to generate growth opportunities for the stakeholders in the access control market. However, low awareness regarding advanced security solutions in developing countries and data security & privacy issues are major challenges in the access control market.
Additionally, the increasing adoption of Access Control as a Service (ACaaS), the growing utilization of smartphones for access control, and the increasing use of contactless biometric access control devices are prominent trends in the access control market.
Get a Glimpse Inside: Request Sample Pages- https://www.meticulousresearch.com/request-sample-report/cp_id=5097 
The access control market is segmented by offering (hardware {biometric devices [fingerprint recognition, face recognition, iris recognition, and voice recognition], cards [smart cards, proximity cards, and card readers], electronic locks & doors, controllers, hybrid devices}, software {cloud-based, on-premise}, and services {consulting services, deployment & integration services, and maintenance & support services}), end user (residential, commercial {retail, BFSI, IT & telecom, hospitality, education, government, healthcare, and transportation & logistics}, and industrial {pharmaceutical, military & defense, aerospace, manufacturing, mining & construction, energy & utilities, and other industrial end users}), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on offering, the access control market is segmented into hardware, software, and services. In 2024, the hardware segment is expected to account for the largest share of over 56.0% of the access control market. The hardware segment comprises biometric devices, cards, electronic locks & doors, controllers, and hybrid devices. The large market share of this segment is attributed to the growing adoption of access control systems for safeguarding offices, government buildings, airports, hospitals, and military facilities, growing urbanization, and the increasing number of smart homes & apartments.
In addition, the increasing deployment of access control systems for more comprehensive and efficient security is expected to drive the growth of this segment. For instance, in February 2023, San Diego International Airport deployed Identiv’s comprehensive, end-to-end access control ecosystem, including Hirsch Velocity Software and its Velocity Vision Video Management System (VMS), under a single Graphical User Interface (GUI).
Based on end user, the access control market is broadly segmented into residential, commercial, and industrial end users. In 2024, the commercial segment is expected to account for the largest share of over 52.0% of the access control market. The large market share of this segment is attributed to the increasing implementation of access control systems across government facilities, the growing use of smart cards in the hospitality sector, and the increased adoption of enterprise-level access control solutions.
Have Specific Research Needs? Request a Customized Report- https://www.meticulousresearch.com/request-customization/cp_id=5097 
In addition, the increasing deployment of access control systems for office spaces to bolster the security of entrances supports the growth of this segment. In August 2023, HID Global Corporation (U.S.), the global leader in trusted identity solutions, partnered with Ghelamco Group (Belgium), an international real estate investor and developer, to standardize HID’s mobile and physical access control solutions across its prestigious projects in Warsaw, Poland.
Based on geography, the access control market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 44.0% of the access control market. APAC’s large market share is attributed to the region’s rapidly developing economies, consistent technological advancements in access control solutions, increased use of access control systems at airports and railway stations, and the increasing deployment of access control systems across government agencies for tracking employee attendance.
For instance, in March 2022, IDEMIA (France), the global leader in Identity technologies, announced plans to provide biometric solutions to Singapore’s Changi Airport Terminals 1 and 2 (T1 and T2) to elevate the passenger experience, particularly in the immigration process.
Key Players:
The key players operating in the access control market are Johnson Controls International plc (Ireland), Honeywell International Inc. (U.S.), Identiv, Inc. (U.S.), Suprema Inc. (South Korea), Bosch Sicherheitssysteme GmbH (Germany), Genetec Inc. (Canada), NEC Corporation (Japan), Assa Abloy (Sweden), dormakaba International Holding AG (Switzerland), Allegion plc (Ireland), Nedap N.V. (Netherlands), Thales (France), IDEMIA (France), Axis Communications AB (Sweden), Anviz Global Inc. (U.S.) and Dahua Technology Co., Ltd (China).
Browse In-depth Report Now- https://www.meticulousresearch.com/product/access-control-market-5097 
Scope of the Report:
Access Control Market Assessment—by Offering
HardwareBiometric DevicesFingerprint RecognitionFace RecognitionIris RecognitionVoice RecognitionCardsSmart CardsProximity CardsCard ReadersElectronic Locks & DoorsControllersHybrid DevicesSoftwareCloud-basedOn-premiseServicesConsulting ServicesDeployment & Integration ServicesMaintenance & Support ServicesAccess Control Market Assessment—by End User
ResidentialCommercialRetailBFSIIT & TelecomHospitalityEducationGovernmentHealthcareTransportation & LogisticsIndustrialPharmaceuticalMilitary & DefenseAerospaceManufacturingMining & ConstructionEnergy & UtilitiesOther Industrial End UsersAccess Control Market Assessment—by Geography
North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainSwitzerlandSwedenDenmarkNorwayRest of EuropeAsia-PacificChinaJapanIndiaSouth KoreaAustraliaIndonesiaMalaysiaTaiwanRest of Asia-PacificLatin AmericaBrazilMexicoArgentinaRest of Latin AmericaMiddle East & AfricaUAEIsraelRest of Middle East & AfricaUnlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/81884359 
Related Reports:
Building Automation Market – Global Opportunity Analysis and Industry Forecast (2024-2031)
Smart Locks Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
NFC Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
Digital Identity Management Solutions Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact:Mr. Khushal BombeMeticulous Market Research Inc.1267 Willis St, Ste 200 Redding,California, 96001, U.S.USA: +1-646-781-8004Europe: +44-203-868-8738APAC: +91 744-7780008Email- [email protected] Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Content Source: https://www.meticulousresearch.com/pressrelease/51/access-control-market-2031 
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Artificial Intelligence

Threat Hunting Market worth $6.9 billion by 2029- Exclusive Report by MarketsandMarkets™

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threat-hunting-market-worth-$6.9-billion-by-2029-exclusive-report-by-marketsandmarkets™

CHICAGO, July 16, 2024 /PRNewswire/ — The Threat Hunting Market is set to grow significantly. It’s expected to be worth around USD 3.4 billion in 2024 and increase to about USD 6.9 billion by 2029 at a CAGR of 14.9% during the forecast period, according to a new report by MarketsandMarkets™. The threat-hunting market is experiencing explosive growth as organizations struggle to combat a relentless wave of cyberattacks. Unlike traditional security measures that passively wait for threats to appear, threat hunting takes a proactive stance, actively searching for hidden threats lurking within networks. Several factors fuel this proactive approach. The increasing need to protect sensitive data, from financial records to intellectual property, compels organizations to adopt more robust security solutions. Also, the growing awareness of cyber risks across industries drives demand for proactive security solutions. By actively hunting for threats, organizations gain a critical advantage: identifying and neutralizing threats before they can wreak havoc, potentially saving millions of dollars, and safeguarding sensitive data.

Browse in-depth TOC on “Threat Hunting Market”
270 – Tables 50 – Figures350 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264230029
Scope of the Report
Report Metrics
Details
Market size available for years
2018–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
By Offering, By Threat Type, By Organization Size, By Deployment mode, By Vertical, and By Region
Geographies covered
North America, Europe, Asia Pacific, Middle East Africa, and Latin America
Major companies covered
Major vendors in the global Threat Hunting Market include IBM (US), Kaspersky (Russia), Capgemini (France), CrowdStrike (US), Trustwave (US), Verizon (US), SecureWorks (US), Sangfor (China), Eviden (France), Rapid 7(US), VMware (US), Solidworks (US), Trend Micro (Japan), Cynet (US), Palo Alto Networks (US) Cipher (India), Talatek (US), SOC Prime (US), RSI Security (US), Protected Harbour (US), Mindpoint Group (US), Exponential- E (UK), Redscan (UK), Iron Net Cybersecurity (US), LiveAction (US).
By Offering, the services segment will grow at the highest CAGR during the forecast period.
The global shortage of cybersecurity professionals is a significant challenge for organizations looking to build robust security postures. This shortage is particularly acute in threat hunting, which requires highly skilled individuals with a deep understanding of cyber threats, investigative techniques, and security tools. Threat-hunting services offer a compelling solution by providing access to experienced professionals, reducing internal workload, and offering a faster path to improved threat detection and response capabilities.
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By organization size, the large enterprise segment to hold a significant market share during the forecast period.
Large enterprises often deal with sensitive data (financial records, intellectual property, customer information) and critical infrastructure. A successful cyberattack can have devastating economic and reputational consequences, making proactive threat detection a top priority. Also, Large enterprises typically have sprawling IT environments encompassing on-premise infrastructure, cloud deployments, and a vast network of devices. This complexity creates numerous potential entry points for attackers, necessitating a proactive approach to uncover hidden threats. The high stakes, complex environments, compliance pressures, and advanced threats large enterprises face will drive the segment.
By region, Asia Pacific will grow at the highest CAGR during the forecast period.
The Asia Pacific region is undergoing significant growth in its threat-hunting market, driven by several key factors. The region faces a rising tide of cyberattacks, including malware, ransomware phishing attempts, data breaches, and advanced persistent threats (APTs). These attacks target businesses, governments, critical infrastructure, and individuals, forcing them to invest in proactive defense measures like threat hunting. The Asia Pacific region is undergoing a rapid digital transformation. This increased reliance on technology creates a larger attack surface for cybercriminals. As per the Fortinet Survey on the State of Security Operations in Asia-Pacific, Phishing and Insider threats are India’s most predominant cyber threats, with Approximately 50% of organizations ranking them as their top concerns. Also, only 44% of businesses have dedicated IT resources for security teams.
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Top Key Companies in Threat Hunting Market:
Major vendors in the global Threat Hunting Market include IBM(US), Kaspersky (Russia), Capgemini (France), CrowdStrike(US), Trustwave(US), Verizon (US), SecureWorks(US), Sangfor (China), Eviden (France), Rapid 7(US), VMware (US), Solidworks (US), Trend Micro (Japan), Cynet (US), Palo Alto Networks (US) Cipher (India), Talatek (US), SOC Prime (US), RSI Security (US), Protected Harbour (US), Mindpoint Group (US), Exponential- E (UK), Redscan (UK), Iron Net Cybersecurity (US), LiveAction (US).
Browse Adjacent Market: Information Security Market Research Reports & Consulting
Browse Other Reports:
Penetration Testing as a Service Market- Global Forecast to 2029
Identity Security Posture Management (ISPM) Market – Global Forecast to 2029
eGRC Market- Global Forecast to 2029
Managed Security Services Market- Global Forecast to 2028
Privileged Access Management Market- Global Forecast to 2028
Get access to the latest updates on Threat Hunting Companies and Threat Hunting Industry
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. Rohan SalgarkarMarketsandMarkets™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
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