Technology

Global Edge Security Industry Research 2023-2030: Rising Adoption of Cloud-based Services Among SMEs Expected to Generate Opportunities

Published

10 months ago

March 1, 2024

DUBLIN, March 1, 2024 /PRNewswire/ — The “Edge Security Market by Offering (Solution, Services), Deployment Mode, Organization Size, Sector (IT & Telecommunications, Healthcare, Retail & E-Commerce, BFSI, Government, Energy & Utilities), and Geography – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

The global edge security market is expected to reach a valuation of $68.1 billion by the year 2030. This significant growth, with a CAGR of 19.1% from 2023 to 2030, is largely fueled by the rising implementation of Secure Access Service Edge (SASE), increased awareness surrounding cybersecurity risks, and the burgeoning number of cyberattacks threatening the digital landscape.

Key Drivers and Market Insights

The report delves into the various offerings in the edge security space, including solutions and services, and identifies the solution segment as the dominant force in 2023, primarily due to its crucial role in monitoring network activity and thwarting cyber threats. Emphasis is placed on deployment modes, with cloud-based deployment taking precedence due to its growing popularity among small to medium-sized enterprises that seek to secure their edge networks efficiently.

Moreover, the research highlights the critical importance of organization size within the industry, pointing out that large enterprises currently hold a substantial market share. Nonetheless, small & medium-sized enterprises are expected to exhibit the highest CAGR during the forecast period, indicative of the sector’s rapid digital transformation and vulnerability to cyberattacks.

Sector Analysis and Regional Breakdown

The sector analysis presents a thorough examination of numerous industries that leverage edge security technologies, including BFSI, IT & telecommunications, and healthcare. The IT & telecommunications sector emerges as a prominent player, commanding a significant market share due to its intrinsic need for robust network and data security measures.

Conversely, the healthcare sector is anticipated to witness the most accelerated growth rate due to escalating requirements for patient data protection and the integration of telehealth services. Geographically, the study provides insights into several key regions. North America is showcased as the largest contributor to the market, attributed to heightened investment in edge data centers and the rapid adoption of cutting-edge technologies like AI, cloud computing, and IoT.

However, the Asia-Pacific region is poised to experience the fastest growth during the forecast period. Factors contributing to its expansion include the proliferation of connected devices, vital security deployment to protect data and infrastructure, and governmental support for industrial edge security.

Competitive Landscape and Strategic Insights

In the competitive analysis, the report identifies several major players who are influencing the growth trajectory of the global edge security market. Notably, these organizations are engaged in technological advancements and strategic collaborations that are shaping the market dynamics.

The research also discusses the current market trends and the challenges that industry stakeholders face. Importantly, it sheds light on the potential opportunities for growth, particularly in the deployment of 5G technology and cloud-based services among small and medium-sized enterprises, which are likely to amplify the demand for edge security solutions.

Comprehensive Market Evaluation

The significance of this research report lies in its exhaustive marketplace evaluation, addressing pivotal questions that industry professionals and stakeholders may have. It covers:

Growth segments by offering, deployment mode, organization size, and sectorHistorical market sizes and future forecastsMarket drivers, restraints, opportunities, and challengesCompetitive landscapes and market sharesRecent market developments and geographic trendsEmerging local players and their competitive positioning

Companies Mentioned

Cisco Systems Inc.Broadcom Inc.Check Point Software Technologies Ltd.Palo Alto Networks Inc.Fortinet Inc.Juniper Networks Inc.Zscaler Inc.Cloudflare Inc.F5 Inc.Akamai Technologies Inc.Barracuda Networks Inc.Forcepoint LLCVersa Networks Inc.Cato Networks Ltd.Skyhigh Security

For more information about this report visit https://www.researchandmarkets.com/r/m13p34

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

Technology

Inspur Smart Healthcare Participates in GITEX IMPACT 2024 Exhibition

Published

37 minutes ago

December 23, 2024

DUBAI, UAE, Dec. 23, 2024 /PRNewswire/ — From October 13th to 16th, the GITEX IMPACT 2024, Dubai’s Carbon Neutrality and Technology Exhibition, was held in Dubai. Organized by the Ministry of Economy and Ministry of Tourism of the United Arab Emirates, the exhibition focused on the forefront of sustainable development technologies, encompassing a wide range of sectors including construction, oil and gasoline, energy, and healthcare. It stands as one of the largest technology exhibitions in the Middle East and globally. Inspur Smart Health was invited to participate, showcasing its core products and cases of empowering the digital and intelligent transformation of the healthcare industry at the exhibition.

At the exhibition site, Inspur Smart Health introduced a series of products and solutions to government agencies and medical institutions, including the Health and Medical Big Data Intelligent Platform, Inspur Medical Industry International Trade Platform, Integrated Healthcare and Long-term Care Platform, Health Examination Center Solutions, Medical Group Information Management Platform, Internet Hospitals. These presentations comprehensively demonstrated Inspur Smart Health’s product innovation advantages and service capabilities.

Through this “debut” in the Middle East and even the global market, Inspur Smart Health has laid a solid foundation for further expanding its overseas “circle of friends” and establishing international brand recognition. In the future, Inspur Smart Health will continue to leverage its technological advantages in big data and artificial intelligence, constantly enhance the internationalization level of its products and solutions, deepen the exploration of overseas markets, and contribute to the thriving development of the global medical digital industry.

View original content:https://www.prnewswire.com/apac/news-releases/inspur-smart-healthcare-participates-in-gitex-impact-2024-exhibition-302338199.html

SOURCE Shandong Inspur Intelligent Medical Technology Co., Ltd.

Technology

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

Published

37 minutes ago

December 23, 2024

Reflects New Era in Music Streaming, Including Artist-Centric Principles and Furthering Authentic Engagement Between Artists and Fans

SANTA MONICA, Calif., Dec. 23, 2024 /PRNewswire/ — Universal Music Group (UMG), the world leader in music-based entertainment, and Amazon Music today announced an expanded global relationship that will enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection.

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

This reflects the two companies’ shared commitment to advancing and safeguarding human artistry, while ensuring UMG’s artists achieve their commercial potential through the service’s continued product enhancements and exclusive content that elevate authentic engagement between artists and fans.

UMG and Amazon Music will work closely to explore new and enhanced product opportunities designed to benefit artists and enrich the experience of their fans. UMG will also collaborate with Amazon Music as it continues to expand in audio, including further innovation in audiobooks, audio and visual programming, and its investment in livestreamed content that has connected millions of fans with their favorite artists across all genres and corners of the world. UMG and Amazon will also work collaboratively to address, among other things, unlawful AI-generated content, as well as protecting against fraud and misattribution.

Sir Lucian Grainge, Chairman & CEO, Universal Music Group said, “We are very excited to advance our long-standing, excellent partnership with Amazon Music that marks a new era in streaming—Streaming 2.0. We appreciate Amazon Music’s deep commitment to the interests of our artists, and look forward to progressing our shared artist-centric objectives through product innovation and accelerating growth of their service.”

Steve Boom, VP of Audio, Twitch and Games for Amazon said, “UMG has always been a collaborative partner to Amazon Music, and as we continue to invent and introduce more artist-to-fan connections through our product and exclusive content, we’re redefining what it means to be a streaming service. We’re thrilled to expand our relationship with UMG which will enable us to partner on meaningful new ways for artists to deepen their engagement with fans around the world, while working together to protect the work of artists, songwriters and publishers.”

Notes to editors:

About Universal Music Group
Universal Music Group exists to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.

About Amazon Music
Amazon Music is an immersive audio entertainment service that connects fans, artists, and creators through music, podcasts, and culture. Amazon Music brings fans closer to what they love, with curated and personalized playlists, artist livestreams, artist merch, and Amazon Exclusive podcasts. Prime members get access to over 100 million songs in shuffle mode, All-Access playlists, plus the largest catalog of top ad-free podcasts, included with their membership. Customers can upgrade to Amazon Music Unlimited for full, on-demand access to 100 million songs in HD, a growing catalog of Ultra HD and Spatial audio, and the world’s largest selection of audiobooks from Audible. Anyone can listen to Amazon Music by downloading the free Amazon Music app, or wherever they listen to music including Alexa-enabled devices. Learn more at amazon.com/music.

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SOURCE Universal Music Group

Technology

Repurchase of Loomis’ shares during the fourth quarter 2024 completed

Published

37 minutes ago

December 23, 2024

STOCKHOLM, Dec. 23, 2024 /PRNewswire/ — Loomis AB has through the repurchase program that was resolved and communicated on October 28, 2024, repurchased 590,100 shares. Loomis AB’s holding of own shares thereby amounts to 2,514,653 shares, corresponding to 3.54 percent of the outstanding shares in the company. The total number of shares in Loomis AB, including the company’s own shares, amounts to 71,000,000.

For information about transactions in the repurchase program, please see:
https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company’s website, www.loomis.com.

For more information, please contact:

Jenny Boström
Head of Sustainability and IR
jenny.bostrom@loomis.com
+46 79 006 45 92

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/loomis-ab/r/repurchase-of-loomis–shares-during-the-fourth-quarter-2024-completed,c4086142

The following files are available for download:

https://mb.cision.com/Main/51/4086142/3187900.pdf

Repurchase of Loomisâ€™ shares during the fourth quarter 2024 completed

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SOURCE Loomis AB