The global IoT Integration Market 2020 is supposed witness rapid developments. Rising adoption of Internet of Things (IoT) is presumed to drive the growth of the market in the foreseeable future. Efforts directed towards digitization of business processes are anticipated to catapult the market on a growth trajectory.
The rising number of data frauds and increasing data security risks is creating demand for Mobile Encryption Industry. Mobile encryption protects data stored in mobile devices thus making the data unusable in the wrong hands. Compliance requirements across organizations make it necessary to encrypt data in order to avoid penalties for data breaches.
The combination of communication and work collaboration technologies for enterprises, to be used in a single communication interface is termed as unified communication and collaboration. Major IT service vendors are providing their voice and communication services to a large number of enterprises across the globe.
Market Research Future anticipates the growth of the Cloud Computing Security (SECaaS) Market at a CAGR of 21.59% with a market value of $14.25 billion owing to the advent of cloud computing technology. As the need and demand for cloud computing skyrockets, the SECaaS Market is witnessing growth in the demand for cloud computing security.
The global High-Performance Computing (HPC) as a Service Market Analysis was valued at $4.75 billion in 2017 and is expected to reach $9.50 billion by the end of the forecast period with a CAGR of 12.8%.