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INX and Aktionariat Join Forces to Streamline Global Tokenized Equity Trading

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TORONTO and ZUG, Switzerland, Oct. 1, 2024 /CNW/ – The INX Digital Company, Inc. (CBOE CA: INXD) (OTCQB: INXDF) (INXATS: INX) (“INX”), a regulated marketplace for trading security tokens and tokenized real-world assets, announces the listing of Aktionariat’s tokenized shares, DAKS, on the INX platform. This listing brings Aktionariat’s Ethereum-based DAKS shares, issued under Switzerland’s Distributed Ledger Technology (DLT) Act, to a global audience. This development provides a pathway for pre-IPO companies to list their tokenized equity efficiently, reducing traditional IPO costs significantly.

Founded in 2021, Aktionariat AG offers innovative blockchain-based tokenization solutions, and has enabled over 70 companies to digitize their equity and manage share registries, options pools, and investor relationships on the blockchain. By listing the DAKS token on INX, Aktionariat is seeking to set a new benchmark for liquidity in the private equity space. The listing leverages INX’s advanced regulated platform, which provides 24/7 trading, cryptocurrency on- and off-ramps, multi-chain support, and self-custody, seeking to revolutionize how digital securities are traded.

Shy Datika, CEO of INX, added, “We want all issuers of on-chain securities, not just in the USA, to understand that there is a venue for listing and trading these assets. A venue that offers the much-needed access to liquidity to rebalance portfolios, diversify, and manage risks. INX, licensed and regulated in the USA, is open for business to market participants globally.”

Launched in February 2021, Aktionariat’s DAKS token represents shares in the company, which is regulated under Switzerland’s Distributed Ledger Technology (DLT) law. Aktionariat’s platform has facilitated more than CHF 50 million in trading volume and serves more than 30,000 users, with a combined market cap of CHF 400 million across its tokenized companies. By partnering with INX and listing on its platform, Aktionariat is expanding access to a global marketplace for tokenized assets, providing greater liquidity and market reach for both issuers and investors worldwide.

“Our mission is to enable companies to leverage the power of blockchain-based equities,” said Murat Ögat, Co-founder & CEO of Aktionariat AG. “While we already enable issuers to create direct primary and secondary markets under their own control, listings      increase      the reach and liquidity of tokenized shares significantly. Having a smooth path to access INX’s trading platform will provide value to Aktionariat and its investors, while also strengthening the usefulness of our offering for other issuers on our tokenization platform.”

About INX

INX provides regulated trading platforms for digital securities and cryptocurrencies. Combining traditional markets expertise with a disruptive fintech approach, INX offers state-of-the-art solutions to modern financial challenges. The company is led by a dedicated team of business, finance, and technology veterans with a shared vision of redefining capital markets through blockchain technology and a disciplined regulatory approach.

LinkedIn: https://www.linkedin.com/company/theinxdigitalcompany/
X/Twitter: https://x.com/INX_Group
Website: https://www.inx.co/

About Aktionariat

Aktionariat is a pioneer in the tokenization of private equity, utilizing blockchain technology to facilitate liquidity and ownership management for over 70 companies. Aktionariat offers a comprehensive suite of tools, enabling businesses to create decentralized marketplaces and connect with investors worldwide.

For more information, visit:

LinkedIn: Aktionariat
X / Twitter: Aktionariat
Website: www.aktionariat.com

About The INX Digital Company, Inc.: The INX Digital Company, Inc. is the holding company for INX Group, which operates regulated trading platforms for digital securities and cryptocurrencies. INX Group’s mission is to bring communities together and empower them with financial innovation. With a vision to be the preferred global regulated hub for digital assets, INX raised US$84 million through the first SEC-registered initial public offering of a security token with the IPO of the INX Token. INX operates in a regulated environment under the oversight of the SEC, FINRA, FinCen, and U.S. state licensing authorities. For more information, visit the INX Group website here.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures

This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates, and projections as of the date of this news release. Forward-looking information includes predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance and often uses phrases such as “expects”, “anticipates”, “plans”, “believes”, or variations of such words and phrases.

INX has made certain assumptions in disclosing the forward-looking information contained in this press release, including the continuous development of the INX trading platform, the listing and trading of DAKS, and the listing additional tokenized RWAs through other strategic partnerships, and the completion of described transactions. While INX believes the expectations reflected in such forward-looking information are reasonable, no assurance can be given that these expectations will prove correct. Known and unknown risks, uncertainties, and other factors may cause actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors include regulatory developments, market conditions for digital securities and cryptocurrencies, and general economic conditions. Readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise forward-looking information to reflect actual results or new information.

Cboe Canada is not responsible for the adequacy or accuracy of this press release.

This news release does not constitute an offer to sell or solicit an offer to buy any securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE The INX Digital Company, Inc.

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Travel Services Market in India to Grow by USD 21.21 Billion from 2024-2028, Driven by M&A, Partnerships, and Strategic Alliances, with AI Powering Market Evolution – Technavio

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NEW YORK, Oct. 1, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Travel Services Market in India  size is estimated to grow by USD 21.21 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  15.42%  during the forecast period. Increase in number of M and A, partnerships, and strategic alliances is driving market growth, with a trend towards introduction of low-cost airlines. However, intense competition among players leading to price wars  poses a challenge – Key market players include Airbnb Inc., ANI Technologies Pvt. Ltd., Booking Holdings Inc., Cleartrip Pvt. Ltd., Easy Trip Planners Ltd, Expedia Group Inc., Indian Railway Catering and Tourism Corp. Ltd, ITC Ltd., Kesari Tours Pvt. Ltd., Le Travenues Technology Ltd, Mahindra and Mahindra Ltd., MakeMyTrip Ltd., Oravel Stays Ltd., The Travel Corp., Thomas Cook India Ltd., Treebo Hotels, TripAdvisor Inc., Uber Technologies Inc., and Yatra Online Inc..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2017 – 2021

Segment Covered

Mode Of Booking (Online and Offline), Service (Domestic flight services, Hotel accommodation services, Rail ticket services, Cab services, and Others), and Geography (APAC)

Region Covered

India

Key companies profiled

Airbnb Inc., ANI Technologies Pvt. Ltd., Booking Holdings Inc., Cleartrip Pvt. Ltd., Easy Trip Planners Ltd, Expedia Group Inc., Indian Railway Catering and Tourism Corp. Ltd, ITC Ltd., Kesari Tours Pvt. Ltd., Le Travenues Technology Ltd, Mahindra and Mahindra Ltd., MakeMyTrip Ltd., Oravel Stays Ltd., The Travel Corp., Thomas Cook India Ltd., Treebo Hotels, TripAdvisor Inc., Uber Technologies Inc., and Yatra Online Inc.

Key Market Trends Fueling Growth

Travel in India is predominantly done via airlines due to their comfort and efficiency, especially for tourists and frequent travelers. However, the cost of air travel, particularly for families or large groups, is significantly higher than other modes like rail or bus. This cost burden can be alleviated by the emergence of low-cost airlines, a response to the intensifying competition in the aviation industry. These budget carriers have not only made air travel more affordable for individual travelers but also encouraged businesses to opt for air travel for cost-effective business trips. Furthermore, the availability of low-cost air tickets has positively impacted the tourism industry, leading to increased demand and attracting global investment. For instance, Etihad Airways, in partnership with Air Arabia, is planning to launch a low-cost airline in India, further fueling the growth of the travel services market in the country during the forecast period.

The Indian travel services market is witnessing significant growth, with rail bookings and car rental services leading the way. Corporations and individual travelers alike are increasingly relying on travel providers for itinerary planning and booking flights, accommodations, and transportation for trips, both domestic and international. Offline travel services continue to coexist with direct and indirect travel services, catering to various traveler preferences. Travelers can now easily generate visas and travel documents online or in person. Multi-destination trips, group travel, and corporate travel are popular trends. Direct travel suppliers offer packages for independent travelers, while online travel agents provide convenience through desktop and mobile platforms. Car hire services are also on the rise, with phone booking and online booking options. The tourism industry continues to expand, with international tourism driving growth. Overall, the travel services market in India is dynamic and evolving to meet the diverse needs of travelers.

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Market Challenges

The travel services market in India is characterized by intense competition among global, regional, and local vendors. Global vendors dominate the market but face stiff competition from other players. Vendors invest in R&D to offer advanced services for various occasions and end-users. Regional and local vendors compete on unique offerings. Price wars due to discounts negatively impact profit margins. Lack of awareness and trust issues among rural population, along with limited access to online platforms, restrict their use of travel services. The growing popularity of self-driven vehicles intensifies competition and compels vendors to sell at reduced profit margins, posing challenges to the growth of the travel services market in India.The Travel Services Market in India is thriving, with tourism seeing significant growth in both domestic and international sectors. However, challenges persist in areas like visa generation process and travel document requirements. Travel planning and trip planning are essential for individual travelers and group travel, including corporate travel and tour groups. Flights, itineraries, and multi-destination trips are popular choices. Car hire, phone booking, and online booking are preferred methods for many business professionals. Domestic and international travelers opt for hotels, direct travel suppliers, and online travel agents for accommodation. The rise of mobile apps and low-cost airlines caters to solo travelers and adventure seekers. Eco-tourism, medical tourism, and educational tourism are niche markets. AI and robotics, sharing economy, and package travelers continue to impact the industry. Online travel services, including flight bookings and hotel booking services, remain in high demand. Cruise bookings are also gaining popularity.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This travel services market in India report extensively covers market segmentation by

Mode Of Booking1.1 Online1.2 OfflineService 2.1 Domestic flight services2.2 Hotel accommodation services2.3 Rail ticket services2.4 Cab services2.5 OthersGeography 3.1 APAC

1.1 Online- 

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Research Analysis

The Travel Services Market in India is a vibrant and dynamic industry, catering to the diverse needs of millions of domestic and international travelers. Air travel continues to be a major segment, with the increasing adoption of AI and robotics for seamless check-in and baggage handling. The sharing economy is also making waves, with platforms like Airbnb and Uber providing affordable accommodation and transportation options. Solo travelers, adventure seekers, and eco-tourists are also driving demand for unique and personalized travel experiences. Low-cost airlines and online travel agents are making air travel and itinerary planning more accessible than ever before, while medical and educational tourism are growing niches. Travelers can now easily book flights, accommodations, and trips on desktop or mobile, with the convenience of mobile apps and package travel offers.

Market Research Overview

The Travel Services Market in India is a thriving industry, catering to various segments of travelers, from individual adventurists to corporate professionals. Air travel is a significant part of this market, with both low-cost and full-service airlines offering competitive prices and routes. Online travel services have revolutionized the industry, allowing travelers to book flights, accommodations, transportation, and tour packages with just a few clicks. AI and robotics are being integrated into travel services, providing personalized recommendations and seamless booking processes. The sharing economy, including homestays and car rentals, is also gaining popularity. Solo travelers, adventure seekers, eco-tourists, medical tourists, and educational travelers all find a place in this diverse market. Travelers can choose from direct or indirect travel services, book in person or online, and plan multi-destination trips or group travel. Corporations and business professionals also rely on travel services for corporate travel and accommodation needs. Travel documents, itinerary planning, and visa generation processes are essential services offered by travel providers. Travelers can access these services on desktops and mobile devices, with the convenience of mobile apps and online booking systems. Domestic and international travelers alike can explore various tour experiences, from budget to luxury, using travel services.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Mode Of BookingOnlineOfflineServiceDomestic Flight ServicesHotel Accommodation ServicesRail Ticket ServicesCab ServicesOthersGeographyAPAC

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/travel-services-market-in-india-to-grow-by-usd-21-21-billion-from-2024-2028–driven-by-ma-partnerships-and-strategic-alliances-with-ai-powering-market-evolution—technavio-302262789.html

SOURCE Technavio

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THIRTEEN Launches Your Voice Matters Digital Series, Unpacking Key 2024 Election Issues for New Yorkers and New Jerseyans

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New eight-part YouTube series equips voters with clear insights on housing, climate change, immigration and more.

NEW YORK, Oct. 1, 2024 /PRNewswire/ — Launching today on YouTube, THIRTEEN’s Your Voice Matters is an eight-part digital series examining the issues shaping the lives of New Yorkers and New Jerseyans ahead of the 2024 election. The series delves into key topics like housing, climate change and immigration, offering in-depth analyses to help voters make informed decisions at the polls.

Designed to break down complex issues, Your Voice Matters combines interviews with everyday citizens, subject matter experts, and policymakers. Each 6- to 8-minute episode provides viewers with an accessible yet thorough examination of key issues, helping voters make more informed decisions at the polls.

“Your Voice Matters aims to bring crucial election issues closer to home,” said Neal Shapiro, president and CEO of the WNET Group. “By featuring local voices and real-life stories, we hope to engage and empower our audience, helping them feel more connected, informed, and ready to vote.”

Episodes will be released on YouTube through Nov. 12, with complementary content shared on Instagram, TikTok, and Facebook. The series kicks off with episodes focused on housing, caregiving, and immigration.

Housing – Premieres Oct. 1 on youtube.com/thirteenwnet
The series premiere examines the housing challenges faced by New Yorkers and New Jerseyans, featuring a new mom searching for space for her family and a resident of New York’s first LGBTQ+ safe senior housing development. Attorney, former Rent Guidelines Board member and current NYC Planning Commissioner Leah Goodridge, along with Cea Weaver, coalition director of Housing Justice for All, discuss efforts to reduce housing costs. Produced in collaboration with Epicenter NYC.Caregiving – Premieres Oct. 3 on youtube.com/thirteenwnet
This episode explores the financial challenges New Yorkers face while caring for loved ones and how this year’s election could affect families. Rebecca Bailin, co-founder of New Yorkers United for Childcare, discusses the national campaign for childcare reform, while Dr. Vasundhara Kalasapudi and residents of India Home address culturally informed senior living services. Produced in collaboration with Epicenter NYC.Immigration – Premieres Oct. 8 on youtube.com/thirteenwnet
As immigration remains a key issue, this episode explores how the election affects New York, where 40 percent of residents are foreign-born. Your Voice Matters speaks with coaches and players from the Raccoons, a Queens-based basketball academy helping immigrant children adjust to life in the city, and with Clinton Hill residents about the local migrant crisis. Professor and journalist Felipe De La Hoz breaks down immigration policy. Produced in collaboration with Epicenter NYC.Transportation – Premieres Oct. 15 on youtube.com/thirteenwnet
This episode tackles the region’s aging transportation infrastructure, featuring commuter stories and expert insights on how these issues could affect election outcomes. Produced in collaboration with NJ PBS.Reproductive Rights – Premieres Oct. 22 on youtube.com/thirteenwnet
This episode covers the intense emotions and political battles surrounding reproductive rights, featuring personal stories from representatives and citizens involved in the ongoing debate. Produced in collaboration with NJ PBS.Climate – Premieres Oct. 29 on youtube.com/thirteenwnet
This episode highlights the impact of climate change on Long Island’s coastal communities, as residents voice their concerns ahead of the 2024 election. Produced in collaboration with The Express News Group.Youth Vote – Premieres Nov. 5 on youtube.com/thirteenwnet
This episode focuses on the issues motivating young voters, featuring students and first-time voters mobilizing for change and influencing election outcomes. Produced in collaboration with Hofstra University’s The Lawrence Herbert School of Communication.2025 and Beyond – Premieres Nov. 12 on youtube.com/thirteenwnet
This episode takes a forward-looking view at how the results of the 2024 election will shape the future of New York and New Jersey politics, with insights from experts and community leaders. Produced in collaboration with THE CITY.

The series is part of THIRTEEN’s Your Election 2024 initiative, which provides comprehensive election-related programming — available on-air, online, and on YouTube — across THIRTEEN, NJ PBS, and WLIW/WLIW-FM.

Your Voice Matters is produced in collaboration with local partners, including NJ PBS, which provides news coverage across New Jersey; Epicenter NYC, a multiplatform community journalism organization; Hofstra University’s The Lawrence Herbert School of Communication, whose students collaborated with the Your Voice Matters team to engage younger audiences; The Express News Group, which covers news across the East End of Long Island; and THE CITY, a nonprofit newsroom dedicated to accountability journalism for New Yorkers.

Viewers are invited to join the conversation about the upcoming election and share how they are preparing to vote using the hashtag #ReadytoVote2024. Follow @ThirteenWNET on Facebook, Instagram and TikTok to participate and stay connected.

Your Voice Matters is produced by THIRTEEN Productions LLC for WNET. Executive producers are Joe Lee, Diane Masciale and Dana Roberson. Shant Alexander is the associate producer. Joe Harrell is the managing editor. Erin McIntyre is the associate director.

Support for Your Voice Matters is provided by the Barbara Hope Foundation and by The WNET Group’s News and Public Affairs Fund. For more information and a list of supporters, please visit: wnet.org/support/wnet-funds/.

Websites:
https://www.thirteen.org/your-election-2024/
YouTube: https://www.youtube.com/thirteenwnet
Facebook: http://facebook.com/thirteenwnet
Instagram: https://www.instagram.com/thirteenwnet
TikTok: https://www.tiktok.com/@thirteenwnet
#ReadytoVote2024

About The WNET Group
The WNET Group creates inspiring media content and meaningful experiences for diverse audiences nationwide. It is the community-supported home of New York’s THIRTEEN – America’s flagship PBS station – WLIW21, THIRTEEN PBSKids, WLIW World and Create; NJ PBS, New Jersey’s statewide public television network; Long Island’s only NPR station WLIW-FM; ALL ARTS, the arts and culture media provider; newsroom NJ Spotlight News; and FAST channel PBS Nature. Through these channels and streaming platforms, The WNET Group brings arts, culture, education, news, documentary, entertainment and DIY programming to more than five million viewers each month. The WNET Group’s award-winning productions include signature PBS series Nature, Great Performances, American Masters and Amanpour and Company and trusted local news program NJ Spotlight News with Briana Vannozzi. Inspiring curiosity and nurturing dreams, The WNET Group’s award-winning Kids’ Media and Education team produces the PBS KIDS series Cyberchase, interactive Mission US history games, and resources for families, teachers and caregivers. A leading nonprofit public media producer for more than 60 years, The WNET Group presents and distributes content that fosters lifelong learning, including multiplatform initiatives addressing poverty, jobs, economic opportunity, social justice, understanding and the environment. Through Passport, station members can stream new and archival programming anytime, anywhere. The WNET Group represents the best in public media. Join us.

View original content to download multimedia:https://www.prnewswire.com/news-releases/thirteen-launches-your-voice-matters-digital-series-unpacking-key-2024-election-issues-for-new-yorkers-and-new-jerseyans-302264822.html

SOURCE The WNET Group

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Rugged Servers Market to Grow by USD 583.8 Million (2024-2028), Driven by Rising Cloud Adoption and AI’s Impact on Market Trends – Technavio

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NEW YORK, Oct. 1, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Rugged Servers Market  size is estimated to grow by USD 583.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 4.23%  during the forecast period.  Increased adoption of cloud applications is driving market growth, with a trend towards emergence of containerized data centers. However, high cost of procurement  poses a challenge – Key market players include Advantech Co. Ltd., Core Systems, Corvalent Corp., CP Technologies LLC, CRI, Crystal Group Inc., Dell Technologies Inc., E and M Computing Ltd., Extreme Engineering Solutions Inc., Hewlett Packard Enterprise Co, International Business Machines Corp., Mercury Systems Inc., Sparton Corp., Systel Inc., Technology Advancement Group, TPG Group Plc, Trenton Systems Inc., and Zmicro.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (MDA and Enterprise), Type (Dedicated and Standard), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Advantech Co. Ltd., Core Systems, Corvalent Corp., CP Technologies LLC, CRI, Crystal Group Inc., Dell Technologies Inc., E and M Computing Ltd., Extreme Engineering Solutions Inc., Hewlett Packard Enterprise Co, International Business Machines Corp., Mercury Systems Inc., Sparton Corp., Systel Inc., Technology Advancement Group, TPG Group Plc, Trenton Systems Inc., and Zmicro

Key Market Trends Fueling Growth

Containerized data centers are a popular solution for businesses seeking to increase data center capacity quickly and efficiently. These portable data centers, which can be placed in various locations, consist of standard shipping containers filled with servers, storage, and networking equipment. Leading technology companies, such as IBM and Cisco, have developed containerized data centers, with Cisco’s offering featuring a 40-foot container with a chilled water-cooling system and 16 cabinets per module. Schneider Electric’s AST Modular also provides rugged, energy-efficient containerized data centers, with deployment times of approximately 12-16 weeks and a cost of around USD7 million. As data generation continues to increase, the demand for containerized data centers will grow, creating opportunities for rugged server manufacturers to produce compatible servers for this market. These servers must be able to function reliably in any location.

Rugged server systems are gaining popularity in various industries due to their ability to operate in harsh environments. Military and aerospace, telecommunications, and manufacturing industries are major consumers of these servers. Dedicated rugged servers offer high performance computing for businesses and enterprises dealing with production-related applications and industrial automation. The trend towards digitization and the increasing need for data security in sectors like defense spending, supply chain management, and professional workspaces have fueled the demand for rugged servers. Small scale industries are also adopting these servers to protect against hacking and virus attacks. Rugged servers are essential for remote locations and toughest applications in industries like telecommunications, medical sector, and industrial IoT. Despite their high initial costs, businesses see the value in investing in dedicated rugged servers for their industrial computers and AI applications. Cloud computing is another area where rugged servers are being used for edge computing and high-performance computing needs. Rugged servers are designed to withstand the roughest terrains and toughest applications, making them ideal for industrial professionals and commercial professionals working in challenging conditions. Hardware and software offerings for rugged servers range from 256GB to 512GB and 512GB to 1TB, catering to various industrial and commercial needs. Overall, the rugged server market is expected to grow as more industries embrace digitization and the need for secure, high-performance computing solutions becomes increasingly important.

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Market Challenges

Rugged servers, known for their durability and reliability, come with a higher procurement cost compared to commercial servers. However, the total cost of ownership (TCO) for rugged servers is typically lower in the long run. While consumer-grade products may initially appear more cost-effective, a TCO analysis reveals that their higher maintenance and replacement costs can outweigh the initial savings. The high upfront cost of rugged servers is a significant barrier to their adoption, limiting market growth for rugged servers during the forecast period.Rugged servers are essential for professional workspaces and industries requiring high performance computing in harsh environments. These industries include Military and Defense, Manufacturing, and the Digitalization of Industrial Automation. The use of Industrial IoT, Edge Computing, Artificial Intelligence (AI), and Industrial Robots necessitates rugged servers for tough applications in remote locations and roughest terrains. Despite their benefits, dedicated rugged servers come with high initial costs. However, the investment is worthwhile for sectors like Military and Defense, where regulatory needs demand robust hardware and software. The Medical sector, Telecommunications sector, Energy and Power, and IT and Telecommunication industries also rely on rugged servers for production-related applications and cloud-based applications. Rugged servers cater to the needs of industrial and commercial professionals, offering 256GB to 512GB and 512GB to 1TB storage options. With their ability to function in extreme temperatures, vibrations, and other harsh conditions, rugged servers are the go-to solution for high performance computing in the toughest applications.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This rugged servers market report extensively covers market segmentation by

End-user 1.1 MDA1.2 EnterpriseType 2.1 Dedicated2.2 StandardGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 MDA-  The Rugged Servers Market is experiencing significant growth due to increasing demand for reliable and durable IT infrastructure in harsh environments. These servers offer advanced features such as vibration resistance, extreme temperature tolerance, and high-security measures. Companies in industries like telecommunications, energy, and transportation are investing in rugged servers to ensure business continuity and data protection. The market is expected to continue expanding as more organizations recognize the benefits of these robust IT solutions.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

Rugged server systems are specifically designed to operate in harsh environments, making them an essential solution for various industries. These industries include military and aerospace, telecommunication, and industrial automation, among others. In today’s digital age, businesses and enterprises are increasingly relying on dedicated servers for their operations, with cloud computing providing an additional layer of flexibility. However, the need for data security is paramount, especially in light of the increasing threats from hacking and virus attacks. Small scale industries are also embracing digitization, leading to an increased demand for rugged servers. Defense spending and supply chain management are other sectors that heavily rely on rugged servers for their high-performance computing needs. The mobile workforce and industrial IoT are also driving the demand for rugged servers, especially in the roughest terrains. Edge computing and artificial intelligence (AI) are the latest trends in the rugged server market, offering industrial and commercial professionals the ability to process data closer to the source, ensuring faster response times and improved efficiency.

Market Research Overview

Rugged server systems are specifically designed to operate in harsh environments, making them ideal for various industries with unique requirements. These industries include military and aerospace, telecommunications, and manufacturing. In today’s digital age, dedicated rugged servers are becoming increasingly essential for businesses and enterprises to ensure data security in the face of hacking and virus attacks. Small scale industries are also embracing digitization, leading to an increased demand for rugged servers. Defense spending and supply chain management are significant drivers for rugged servers in the military and defense sector. Professional workspaces, industrial IoT, and industrial automation also rely on rugged servers for high performance computing and edge computing. Artificial Intelligence (AI) and high initial costs are also factors driving the rugged server market. Rugged servers are used in the toughest applications, from remote locations to the roughest terrains. They are essential for industries such as manufacturing, production, and the medical and telecommunications sectors. Rugged servers come in various hardware and software configurations, with storage options ranging from 256GB to 1TB. Regulatory needs and cloud-based applications are also driving the adoption of rugged servers in various industries. In conclusion, rugged servers are essential for industries with unique requirements, such as harsh environments, high performance computing, and data security needs. They are used in various industries, including military and defense, telecommunications, manufacturing, and healthcare, among others. Rugged servers offer high-performance computing, data security, and are designed to operate in the toughest applications, making them an essential investment for businesses and enterprises.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userMDAEnterpriseTypeDedicatedStandardGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/rugged-servers-market-to-grow-by-usd-583-8-million-2024-2028-driven-by-rising-cloud-adoption-and-ais-impact-on-market-trends—technavio-302264362.html

SOURCE Technavio

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