Blog

According to the latest market research study published by P&S Intelligence, the U.S. blockchain technology market reached USD 9.9 billion in 2024 and is projected to skyrocket to approximately USD 1,766.5 billion by 2032, representing a staggering 92.4% CAGR from 2025 to 2032. This dramatic upsurge is primarily driven by surging demand across industries such as banking, finance, healthcare, and government, where distributed ledger technology is rapidly being adopted to secure digital transactio

According to the latest market research study published by P&S Intelligence, the global identity as a service market is on a trajectory of substantial growth, with revenues projected to escalate from USD 8,938.0 million in 2024 to USD 35,309.4 million by 2030, reflecting a robust CAGR of 25.7% during the forecast period. This surge is primarily driven by the increasing adoption of cloud-based identity solutions that offer enhanced security, scalability, and cost-effectiveness.

Organizations are i

According to the latest market research study published by P&S Intelligence, the global embedded security market is set for robust expansion, projected to surge from USD 8.1 billion in 2024 to USD 12.9 billion by 2032, progressing at a 5.9% CAGR during the forecast period. This remarkable growth is driven by the escalating risks of cyber-attacks and data breaches across various digital platforms and devices, especially in consumer electronics, wearables, and IoT ecosystems. As digital connectivi

According to the latest market research study published by P&S Intelligence, the global quantum computing market is experiencing rapid growth, with projections indicating an increase from USD 1.2 billion in 2024 to USD 11.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 32.9% during the forecast period. Key factors driving this expansion include technological advancements in quantum computing, government and private sector investments, and the growing demand for quantum algo

According to the latest market research study published by P&S Intelligence, the global automotive Vehicle-to-Everything market is witnessing significant growth, with an expected market value increase from USD 633.8 million in 2023 to USD 10,225.5 million by 2030, growing at an impressive compound annual growth rate (CAGR) of 49.9%. This rapid expansion can be attributed to increasing demand for advanced vehicle safety features, enhanced connectivity, and the development of autonomous driving te

According to the latest market research study published by P&S Intelligence, the global cloud-based data management services market is witnessing significant expansion, projected to grow from USD 40.7 billion in 2023 to a remarkable USD 258.4 billion by 2030, at a CAGR of 30.4% during 2024–2030. This robust growth is driven by a surge in cloud adoption across various industries, especially in response to the increasing need for cost-efficient, scalable, and remote-access solutions. Companies are

According to the latest market research study published by P&S Intelligence, the European electronic signature market is experiencing remarkable growth, with its value projected to surge from USD 1,471.2 million in 2023 to a staggering USD 12,177.1 million by 2030, at a compound annual growth rate (CAGR) of 35.4%.

This expansion is primarily driven by the widespread adoption of remote work models and digital transformation initiatives across industries. As businesses increasingly shift towards d

According to the latest market research study published by P&S Intelligence, the global video analytics market is poised for significant growth, with an estimated revenue of USD 10,074.3 million in 2023, projected to reach USD 42,747.3 million by 2030, reflecting a robust CAGR of 23.2%. This growth is driven by increasing security concerns and advancements in technologies such as artificial intelligence (AI), machine learning (ML), and the integration of Internet of Things (IoT) and cloud comput

According to the latest market research study published by P&S Intelligence, the global push-to-talk market is on a robust growth trajectory, projected to surge from USD 36.4 billion in 2023 to USD 73.0 billion by 2030, registering a CAGR of 10.5% during 2024–2030. This substantial rise is largely fueled by the expanding application of PTT technologies across a diverse range of devices, including smartphones and tablets, which now come equipped with enhanced communication and multimedia capabili

According to the latest market research study published by P&S Intelligence, the global machine vision systems and components market is projected to experience robust growth, reaching a value of USD 19.5 billion by 2030, from USD 12.7 billion in 2024, representing a compound annual growth rate (CAGR) of 7.4%. This growth is largely driven by the increasing demand for automation solutions across various sectors, as well as the rising focus on quality control, product standardization, and process

According to the latest market research study published by P&S Intelligence, the global mass notification system market is poised for significant expansion, with an estimated valuation of USD 24.0 billion in 2024. Projections indicate a robust compound annual growth rate (CAGR) of 22.5%, propelling the market to approximately USD 81.1 billion by 2030.

This surge is primarily driven by the escalating frequency of natural and man-made disasters, necessitating efficient communication platforms for t

According to the latest market research study published by P&S Intelligence, the Saudi Arabian cybersecurity market is experiencing a dynamic transformation, driven by the nation’s accelerating digital shift and commitment to secure its digital infrastructure. The market is projected to generate USD 672.4 million in 2024 and is forecast to reach USD 1,477.2 million by 2030, advancing at a strong CAGR of 14.0% during 2024–2030. This remarkable growth is underpinned by the government's Vision 2030

According to the latest market research study published by P&S Intelligence, the global optical satellite imaging market is experiencing significant growth, with revenues reaching USD 1,402.9 million in 2023. Projections indicate a robust compound annual growth rate (CAGR) of 24.3% from 2024 to 2030, aiming for a market size of USD 5,733.8 million by 2030. This surge is primarily driven by the escalating demand for high-resolution imagery, advancements in satellite imaging technologies, and the

According to the latest market research study published by P&S Intelligence, the Saudi Arabian satellite-based earth observation market is on a steady growth trajectory, forecasted to surge from USD 80.8 million in 2024 to USD 111.8 million by 2030, advancing at a CAGR of 5.6%. This growth is largely fueled by the rising demand for geospatial intelligence across sectors such as forestry, agriculture, and environmental monitoring. As the country confronts challenges like climate change and resour

According to a recent report by P&S Intelligence, the cloud-managed network market is projected to reach USD 50.3 billion by 2030, expanding at a CAGR of 12.2% during the forecast period.

Cloud-managed networks provide organizations with enhanced scalability and flexibility, enabling them to maintain and operate their hardware and software without requiring on-premises infrastructure. These networks ensure smooth device connectivity and offer centralized management, enhancing both network efficie

The global cognitive computing market is experiencing significant growth, with a valuation of USD 54.3 billion in 2024. It is projected to reach USD 441.5 billion by 2032, demonstrating a robust compound annual growth rate (CAGR) of 30.1% between 2025 and 2032.

This expansion is primarily driven by the increasing integration of artificial intelligence (AI), machine learning (ML), neural networks, and cloud platforms across various industries. The adoption of big data analytics, development of mac

The global managed security services market is poised for significant growth, with projected revenues of USD 34.2 billion in 2024 and an anticipated CAGR of 12% from 2025 to 2032, reaching USD 84.1 billion by 2032.

This expansion is driven by the increasing complexity of cyber threats, stringent government regulations, and the vast amounts of data generated by consumers. The digital transformation across industries has opened new avenues for cyber-attacks, necessitating robust security measures.

The secure access service edge (SASE) market earned $2,171.5 million in 2023 and is expected to grow at a CAGR of 26.1% during 2024–2030, reaching $10,588.5 million by 2030. The market expansion is driven by the surge in remote work, widespread cloud adoption, increasing cyber threats, and rapid digitization.

SASE has gained significant traction due to its ability to address security and efficiency requirements. By enabling secure cloud access, it reduces the risk of cyberattacks. The ongoing glo

The global data center market is projected to expand at a compound annual growth rate (CAGR) of 10.1%, reaching a value of USD 622.4 billion by 2030. One of the primary factors driving this growth is the rapid surge in data generation. The increasing demand for mobile, social media, analytics, and cloud services worldwide has significantly boosted the need for data centers. The explosion in social media usage, in particular, has fueled the development of new facilities to store the vast amounts