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NFC Industry To Hit Over $30 Billion Driven By Smart City Development

November 6, 2024

Deepak

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A new market report on the global NFC market shows that this sector could reach USD 30.55 billion by 2029 from USD 21.69 billion by 2024, at a CAGR of 7.1% during the forecast period. The growth, according to the analysts at Marketsandmarkets is down to the rapid industrialisation and urbanisation prevailing largely in the emerging economies of China and India, particularly through the development of smart cities. Gradual concentration in industrial development has increased demand for the infrastructure required […]

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ACaaS Market Worth $3 Billion By 2029

October 10, 2024

Deepak

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The global access control as a service market is expected to be valued at USD 1.34 billion in 2024 and projected to reach USD 3.06 billion by 2029; it is expected to grow at a CAGR of 17.9% over the forecast period. This latest report from the researchers at Marketsandmarkets suggests that accelerated urbanisation in emerging markets is fueling the demand for advanced access control solutions. Growing adoption of cloud-based Access Control as a Service (ACaaS) is transforming security management […]

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Access Control Market Predicted To Hit $15.2 Billion By 2029

February 23, 2024

Deepak

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The access control market is projected to grow from USD 10.4 billion in 2024 and is expected to reach USD 15.2 billion by 2029, growing at a CAGR of 7.8% from 2024 to 2029, according to the latest report from research company, Marketsandmarkets. Some of the leading players in the access control market and mentioned in the research include Assa Abloy, Dormakaba, Johnson Controls, Allegion, Honeywell, Identiv, Nedap, Bosch, Thales, AMAG, Axis, Gunnebo, NEC, Gallagher, Brivo, Salto, idemia, Vanderbilt, Cansec, […]

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Video Surveillance Market Predicted To Reach Over $83 Billion By 2028

September 1, 2023

Deepak

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The global video surveillance market is expected to be valued at USD 53.7 billion in 2023 and is projected to reach USD 83.3 billion by 2028, according to the latest research produced by Marketsandmarkets. The sector is expected to grow at a CAGR of 9.2% from 2023 to 2028. Growing security concerns, the embrace of smart city projects, increasing demand for analytics, and advancements in AI-driven video analysis collectively fuel the video surveillance market. Video surveillance software shows strong growth […]

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Biometrics

Strong Growth In Digital ID Market Drives Biometrics Sector

July 21, 2023

Deepak

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Marketsandmarkets researchers estimate that the global digital identity solutions, or DIS, market size is projected to grow from USD 34.5 billion in 2023 to USD 83.2 billion by 2028 at a more than healthy CAGR of 19.3% during the forecast period. The rise in identity and authentication fraud and increased integration of AI, ML, and blockchain to enhance digital identities drives the growth of the DIS market. Moreover, the high cost associated with the deployment of digital identity solutions may […]

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Identity & Access Market To Hit Over $32 Billion By 2028

June 8, 2023

Deepak

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According to a research report on the Identity and Access Management (IAM) Market  published by Marketsandmarkets, the global IAM market size is projected to grow from USD 15.7 billion in 2023 to USD 32.6 billion by 2028, at a CAGR of 15.6% during the forecast period. The growth of the IAM market is, according to the researchers, driven by factors such as rising instances of security breaches and escalating instances of identity-related fraud. Identity lifecycle management All the steps in […]

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People Counting System Market Worth $2.0 Billion By 2028

May 1, 2023

Deepak

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The global people counting system market size is estimated to be USD 1.1 billion in 2023 and is projected to reach USD 2.0 billion by 2028, at a CAGR of 12.9%. This is according to the latest information coming from research firm, Marketsandmarkets. The growing implementation of people counting systems in transportation hubs, libraries, and retail stores as well as a rising demand for people counters to monitor marketing effectiveness are responsible for the growth of the people counting system […]

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