Global Industry Trends

The digital era has brought unparalleled convenience and connectivity, but it has also opened the door to rising threats of fraud. As online transactions and digital services surge, the need for robust fraud detection and prevention systems has become a business imperative. Fraud not only disrupts financial operations but also erodes consumer trust and compliance with regulatory standards, making its mitigation a critical focus for organizations worldwide. The global fraud detection and prevention market reflects this urgency, with revenues reaching USD 27.9 billion in 2023. Projected to grow at a CAGR of 19.0% from 2024 to 2030, the market is expected to hit USD 94.2 billion by the decade’s end. Several factors are fueling this growth, including advancements in technology, the increasing number of internet users, and the heightened need to protect industries such as banking and finance. To learn more about this report:  https://bitl.to/3fRP Key Market Insights Driving Growth The ...

The passwordless authentication market is poised for significant growth, with projected revenues escalating from $10.8 billion in 2024 to $73.7 billion by 2032 , reflecting a robust compound annual growth rate (CAGR) of 27.4% during 2025–2032. Get Your Free Sample Report Here This surge is driven by the increasing demand for enhanced security measures, superior user experiences, and effective defenses against cyberattacks, reducing the reliance on traditional password systems. Passwordless authentication methods, which utilize hardware tokens, biometrics, and smartphone-based information, are gaining traction as secure alternatives to conventional passwords. The industry's expansion is further supported by the shift toward zero-trust security frameworks, the rise of decentralized identity solutions, and the integration of artificial intelligence (AI) in authentication processes. Additionally, regulatory compliance requirements and a heightened focus on user experience are propellin...

In an era where digital transformation drives progress, the need for robust cybersecurity measures has never been greater. The proliferation of internet-connected devices and remote work environments has expanded the potential attack surface for cyber threats. Endpoint protection platforms (EPPs) are at the forefront of defending this frontier. According to recent research, the global EPP market is expected to grow from $17.4 billion in 2024 to $31.7 billion by 2030, registering a compound annual growth rate (CAGR) of 10.8%. These numbers underscore the urgency with which organizations are adopting advanced security solutions to safeguard their assets. The Changing Dynamics of Cybersecurity The rapid digitization of industries, coupled with the rising number of connected devices, has led to a surge in cyber threats. Malicious actors now have access to sophisticated tools that target vulnerabilities in endpoint devices, from laptops and smartphones to IoT-connected systems. This growin...

The global automation market is projected to generate revenue of USD 129.5 billion in 2024 , growing at a CAGR of 3.8% from 2024 to 2030, and reaching USD 161.6 billion by 2030 . The market’s growth is fueled by rapid technological advancements and the increasing need for enhancing productivity and profitability across various industries and applications. Download Free Sample Report Now A key strategic development in the sector is the integration of collaborative automation devices with artificial intelligence (AI) . For example, AI-powered drones in agriculture are revolutionizing pesticide spraying, similar to how drip irrigation relies on data-driven systems. The incorporation of AI and machine learning (ML) into robots enables them to understand contexts, make decisions, and improve efficiency in their tasks. Additionally, the Internet of Things (IoT) is transforming large-scale industries with real-time monitoring, positioning, tracking, enhanced security, and faster responses. ...

The global network probe market was valued at USD 613.3 million in 2024 and is expected to reach USD 1,139.1 million by 2030 , growing at a CAGR of 10.9%. This growth is primarily driven by the increasing number of connected devices, the rapid adoption of monitoring tools and software to manage IT infrastructure complexities, and the rising demand for centralized network monitoring systems. Source: P&S Intelligence Market Breakdown by Component: The solutions segment dominates the market due to the growing need for these tools across industries such as telecommunications, BFSI, public services, aerospace & defense, and ICT & media. These solutions offer various services that help network administrators and technologists monitor performance, identify security issues, and maintain telecom infrastructure efficiency. Key services include performance monitoring, security analysis, troubleshooting, cloud monitoring, and bandwidth management. Market Breakdown by Organization Size:...

The automatic content recognition (ACR) market generated revenue of $2,861.5 million in 2024 and is projected to grow to $5,961.6 million by 2030 , achieving a 13% CAGR by the decade's end. This growth is driven by the widespread adoption of smart devices like smartphones and tablets. ACR technology enables seamless data synchronization across devices, sharing details about the content being consumed. This functionality allows content creators and advertisers to analyze audience engagement and deliver tailored content, enhancing user experiences. Learn more: P&S Intelligence Key Market Insights Component Analysis : The solutions segment accounted for a dominant 70% market share, propelled by the increasing use of internet-connected video and audio streaming platforms. Hardware components such as smart TVs, smartphones, and laptops capture content like videos, audio, text, and images. Complementing this, software powered by AI and machine learning (ML) processes and stores insig...