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Global Digital Vaults Market Report 2023-2030: Data Protection Regulations Boosting Adoption, BSFI Organizations’ Increasing Use of Digital Vaults

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DUBLIN, March 1, 2024 /PRNewswire/ — The “Digital Vaults Market by Offering (Solutions, Services, Subscriptions), Deployment (Cloud, On-premise), End User (BFSI, Government, IT & Telecom, Aerospace & Defense, Energy & Utility, Legal, Individuals, Others), and Geography – Global Forecast to 2030” report has been added to  ResearchAndMarkets.com’s offering.

In the current digital landscape, the demand for advanced data security solutions is surging at an unprecedented rate, fueling the growth of the digital vaults market, which is anticipated to reach a value of $2.77 billion by 2030. Industry experts attribute this growth to a significant compound annual growth rate (CAGR) of 14.4% from 2023 to 2030.

This burgeoning market is being driven predominantly by stringent data protection laws, the burgeoning volume of data produced by internet-connected devices, and an uptick in data breaches. Despite these driving forces, a noted challenge is the lack of awareness regarding data security among enterprises which could impede market expansion.

Deployment and Offerings Insights:

In the realm of offerings, the solutions segment leads, boasting a predominant market share due to the critical need for secure data storage and access management among organizations globally. Moreover, the services and subscriptions segments are also signaling a healthy growth trajectory.Regarding deployment modes, cloud-based deployments are emerging as the favored approach, primarily embraced by small and medium enterprises (SMEs), due to its cost-effectiveness and flexibility.

End-User Industry and Regional Analysis:

The IT & telecom sectors are currently the most prominent end users of digital vault services, driven by a rapid technological shift and a substantial increase in security breaches. The Banking, Financial Services, and Insurance (BFSI) sector is also projected to witness the highest CAGR during the forecast period, necessitating robust data security measures.

From a geographical standpoint, North America is dominating the digital vaults market, credited to strong cybersecurity measures and the prevalence of major tech entities focused on data protection. However, the Asia-Pacific region is forecasted to exhibit the highest growth rate over the forecast period due to escalating cyber threats and increasing fintech activities.

Global Competitive Landscape:

The global digital vaults market features a dynamic competitive landscape with key players focused on innovations and data security solutions. The report identifies their market positioning, strategic initiatives, and overall contribution to the industry.

Key Takeaways:

The report provides an in-depth analysis of the current market trends and offers predictions for the upcoming years, helping stakeholders make informed decisions.It assesses the primary market drivers, restraints, opportunities, and challenges, delivering a comprehensive picture of the market dynamics.Recent developments, strategic actions by prominent industry players, and geographic trends are also meticulously documented.

Key questions answered in the report

Which are the high-growth market segments based on offering, deployment mode, and end user?What was the historical market for digital vaults?What are the market forecasts and estimates for the period 2023-2030?What are the major drivers, restraints, and opportunities in the digital vaults market?Who are the major players, and what shares do they hold in the digital vaults market?How is the competitive landscape in the digital vaults market?What are the recent developments in the digital vaults market?What strategies are adopted by the major players in the digital vaults market?What are the key geographic trends, and which are the high-growth countries?Who are the local emerging players in the global digital vaults market, and how do they compete with the other players?

Market Insights

Factors Affecting Market Growth

Data Protection Regulations Boosting the Adoption of Digital VaultsGrowing Use of Connected Devices Making Organizations Vulnerable to Cyber RisksIncreasing Data Breaches Driving the Need for Data Security SolutionsEnterprises’ Lack of Awareness about Data SecurityGrowing Business Digitization Driving the Need for Advanced Data Security SolutionsBSFI Organizations’ Increasing Use of Digital VaultsLack of Digitalization in Developing CountriesAvailability of Alternative Cybersecurity Measures

Trends

Growing Adoption of Cloud-Based Security Solutions

Case Studies

Scope of the report:

Digital Vaults Market, by Offering

SolutionsIdentity and Access ManagementData Loss PreventionDigital Asset ManagementPrivileged Account ManagementSubscriptionsServicesSupport & Maintenance ServicesDeployment & Integration ServicesConsulting Services

Digital Vaults Market, by Deployment Mode

Cloud-based DeploymentsOn-premise Deployments

Digital Vaults Market, by End User

BFSIGovernmentPublic SectorIT & TelecomAerospace & DefenseEnergy & UtilityHealthcare & PharmaceuticalsLegalIndividualsOther End Users

Digital Vaults Market, by Geography

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainRest of EuropeAsia-PacificChinaJapanIndiaSouth KoreaRest of Asia-PacificLatin AmericaMiddle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/nmg2zb

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

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Eoptolink Releases OSFP 1.6T DR8 and 2FR4 Series Transceivers for AI/ML Clusters and Cloud Datacenter Networks

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CHENGDU, China, Sept. 20, 2024 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, announces the release of its OSFP 1.6T DR8/DR8-2 and 2xFR4 transceivers enabling the next generation high bandwidth networks for AI/ML clusters and cloud datacenters.

Eoptolink 1.6T OSFP transceivers have 8 electrical host interfacing lanes and 8 optical lanes operating at 212.5Gb/s (106GB with PAM4). Equipped with the industry’s latest DSP, these modules support transmission distances of up to 2km without the need to regenerate the FEC. The 1.6T DR8 and DR8-2 modules comes with either one MPO-16 adapter for point-to-point (P2P) connections or two MPO-12 adapters for 2x800G breakout applications. The 1.6T 2xFR4 modules are designed with a dual duplex LC connector running with 2 pairs of fibers only, which could help users to save fiber resources compared to DR8 and DR8-2 versions.

The 1.6T DR8/DR8-2 and 2FR4 Portfolio consists of: – 

EOLO-13T-5H-XMX    OSFP 1.6T DR8, 1×1.6TbE, 500m, MPO-16
EOLO-13T-5H-XDX    OSFP 1.6T DR8, 2x800GbE, 500m, Dual MPO-12
EOLO-13T-02-XMX    OSFP 1.6T DR8-2, 1×1.6TbE, 2km, MPO-16
EOLO-13T-02-XDX     OSFP 1.6T DR8-2, 2x800GbE, 2km, Dual MPO-12
EOLO-16T-02-XXX     OSFP 1.6T 2FR4, 2x800GbE, 2km, Dual Duplex LC

Eoptolink OSFP 1.6T transceivers feature both EML and SiPh-based solutions, and testing has demonstrated excellent performance. “We are very proud of our optical and RF design teams, says Sean Davies, VP Sales, Eoptolink Technology Inc., Ltd. “Our 1.6T OSFP modules do not need an additional FEC on the optical side and this results in lower latency and power consumption of the modules simplifying the complete system and helping our AI and cloud customers in their work.”

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502), a publicly traded company in China, is a leading innovator and provider of advanced optical transceiver solution for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

China(HQ):   

No.510 Wulian Avenue, Chengdu 610200

USA:   

3191 Laurelview Court, Fremont, CA 94538

Thailand:   

390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110

E-mail:  

sales@eoptolink.com 

 

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SOURCE Eoptolink Technology Inc., Ltd.

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Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

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COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.

With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.

Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.

By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.

As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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