Integration Security Service Market Size & Growth Report by Fact MR The Integration Security Service Market (Markt für Integrationssicherheitsdienste), with a value of US$ 18.56 billion in 2024, is projected to experience significant growth, boasting a notable compound annual growth rate (CAGR) of 14.1% from 2024 to 2034. Key factors influencing market growth include growing awareness of the advantages of integrated security solutions and the affordability of these systems. Furthermore, the primary driver for the growth of the market is the rising need for integration platforms as a service (iPaaS) and related solutions. Want Full Report? Enquire Here-https://www.factmr.com/report/integration-security-service-market Integration security services combine several security measures like intrusion detection, video surveillance, access control, and fire safety systems into a single, cohesive security solution. Businesses and organizations can manage security threats with a complete and well-coordinated strategy thanks to this approach. Enhanced security posture, decreased likelihood of security incidents, and increased operational efficiency are all provided by integration security services. Businesses can more easily manage security threats, lower false alarms, and streamline security operations with an integrated security system.

How Does IoT Technology Impact Demand for Photonic Integrated Circuit? In 2021, the photonic integrated circuit in the industry contributes $7,639.5 million, and it is expected to rise at a rate of 20.5%, to generate $41,037.7 million revenue by 2030. The massive demand for such components in biomedical, telecommunications, and data center facilities, resulting in a growing inclination toward autonomous vehicles, electronic device miniaturization, and rapid automation in numerous sectors boosts the industry growth. Under the raw material segment, the iii-V material category holds a significant share of the industry. It is led by the technological advancements of 3D depth sensing in, automotive lighting, consumer electronics, horticultural lighting, IR LED, and LiDar applications. In addition, the silica-on-silica category captures the next significant photonic IC industry, owing to the affordable cost of setting up and operating photonic integrated circuits made by this material. In addition, such components can easily be integrated into electronic devices, and hence provides numerous opportunities to industry players. Moreover, the rising number of telecommunications networks, increasing data center demand, and growing adoption of high-performance computers enable high-speed data flow, economic cost, large bandwidth, and enhanced energy efficiency. Thus, photonics integration into electronics offers quick data transfer and leads to increasing demand for III-V raw materials. Read More: https://www.psmarketresearch.com/market-analysis/photonic-integrated-circuit-ic-market

Everything You Need to Know About Customer Data Platform A customer data platform is a technology that enables companies to collect customer data from various systems, data streams, or channels to create an integrated profile of the customer. These technologies generally comprise customer automation and database, along with resources for the management of real-time customer interactions, connected data, and multichannel campaigns. A customer data platform incorporates all of that data in real-time for businesses, enabling them to provide advanced-personalized experiences for consumers. Customer data platforms are beneficial as a central database for data at the user level. They combine databases that conventionally don’t share data, such as service software, e-commerce engines, and marketing platforms. This enables businesses to easily access the insights they required to connect with customers. Capabilities of Customer Data Platform The major capabilities customer data platform comprises are: • Integrate data of customers from external and internal sources in various formats, such as unstructured and structured data, to generate a single profile for every consumer. • Combines customer data in a central location so it can be easily accessed by the sales, marketing, finance, and customer support teams. • Provides tools for operations and data management, as well as additional features, for instance, reporting and analytics. • Can utilize machine learning and artificial intelligence in its set of features. Additionally, customer data platforms are majorly used by businesses for the campaign as they can gather customer information from numerous sources, allowing segmentation of customers based on several parameters, and offering real-time understandings for targeted marketing. Read More: https://www.psmarketresearch.com/market-analysis/customer-data-platform-market

Why Service Integration and Management Is Important? The concept of service integration and management (SIAM) is used to manage the services provided by many suppliers. It consists of integrated information and business services to build a single IT company that serves the needs of the business. Read More: https://www.psmarketresearch.com/market-analysis/service-integration-and-management-market

How Is High Flexible Electronics Demand Boosting Printed Electronics Market Growth? Factors such as the burgeoning demand for flexible electronics and increasing organic light-emitting diode (OLED) production through inkjet printing technology will drive the printed electronics market at a CAGR of 22.4% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $35.7 billion in 2019 and it is projected to generate $363.1 billion revenue by 2030. In recent years, the increasing shift from conventional to digital printing has become a key market trend. The accelerating demand for flexible electronics is a prominent growth driver for the market across the world. Integrated circuits (ICs) are deployed on flexible substrates, such as metal or plastic, of electronics to convert them into flexible electronics. The integration of ICs on flexible substrates does not impact the function of such electronics. For instance, in June 2019, E Ink Holdings Inc. collaborated with Plastic Logic HK to use organic field-effect transistor (OTFT) technology for producing flexible electronic paper displays for wearables. Nowadays, the surging preference for digital printing over conventional printing, primarily on account of the growing environmental concerns, has become a prominent trend in the printed electronics market. Conventional printing involves the usage of volatile organic compound (VOC)-based products, such as chromium, lead, mercury, cadmium, paint strippers, and aerosol sprays, which massively contribute to the escalating water and soil pollution levels. Whereas, digital printing is highly eco-friendly, as it includes the use of less harmful chemicals and mild solvents, as compared to the ones used in conventional printing technologies, such as solid ink printing and offset printing. At present, the printed electronics market is extensively competitive, due to the presence of a large number of regional and global players worldwide. The leading players in the market, such as Ynvisible Interactive Inc., E Ink Holdings Inc., Thin Film Electronics ASA, NovaCentrix Corp., Agfa-Gevaert N.V., Nissha Co. Ltd., BASF SE, Xerox Corporation, and DuPont de Nemours Inc. are currently focusing on partnerships and mergers and acquisitions to expand their geographical presence. The component segment of the printed electronics market is bifurcated into printer and material. Of these, the printer category generated the higher revenue in 2019, due to the mushrooming demand for inkjet and screen printers for photovoltaic (PV) and display applications in countries such as China, Germany, Brazil, the U.A.E., and the U.S. Whereas, the material category is expected to demonstrate the faster growth during the forecast period, due to the increasing use of inks and substrates in the fabrication of printed electronic circuits, which are being increasingly used in PV cells, displays, and RFID tags. Geographically, Asia-Pacific (APAC) accounted for the largest share in the printed electronics market in 2019, and it is also expected to witness the fastest growth throughout the forecast period. This is attributed to the burgeoning demand for robust and flexible substrates for printed electronic circuits and rising penetration of the internet of things (IoT) technology in the region. Additionally, the low manufacturing cost and continuous developments in digital printing technology will also facilitate the market growth in the region in the coming years. Therefore, the mounting demand for flexible electronics and rising preference for digital printing will augment the market growth in the forthcoming years. Read More: https://www.psmarketresearch.com/market-analysis/printed-electronics-market

Why North America Rules Video Surveillance as a Service (VSaaS) Market? By 2030, the global video surveillance as a service market is predicted to touch $13,584.3 million, since being valued at $2,992.4 million in 2021. The market will grow at an 18.3% CAGR from 2021 to 2030 owing to the rising number of smart cameras and several accompanying sensors, which has resulted in an inclination toward in-band analytics. This combination of variables will augment growth in the market. For instance, there is extensive use of in-band analytics, smart cameras, and other techniques to facilitate operations. The enormous adoption of cloud-based services is creating lucrative opportunities for the video surveillance as a service market. The swift adoption of technology will help the market players to adapt to the shifts in the tastes and preferences of the consumers and the existing market dynamics. Thus, the rising availability of higher frequency bandwidths and various innovations made in cloud computing technology will drive the global market. Users in the surveillance industry are robustly using cloud-based services to cater to their requirements. There is an inherent benefit of swifter response, evidence tampering prevention, and enhanced reach. The surging internet penetration will spur the video surveillance as a service market growth. A market share of at least 35% is held by the hosted category, based on type. This can be ascribed to the extensive utilization of hosted video surveillance as a service in the development of smart cities, and the retail and residential sectors. Moreover, swift-paced internet connectivity, profit-orientation of 5G services, and the surging mobile phone penetration will propel growth in this industry. The lower subscription fees will account for higher sales. Within the vertical segment, the BFSI sector will generate high revenue in the video surveillance as a service market on account of the rising disposable income of the people. The VSaaS provides several benefits including surveillance data access, adding devices flexibility, and lower initial costs. Because of this, these devices are being highly integrated into financial institutions to keep an eye on staff and customers. Furthermore, it also reduces the threats of robberies and kidnapping, enabling the detection of frauds at cash centers to deploy security within banking processes. North America rules the video surveillance as a service market, accounting for approximately 40% of the total revenue. This can be credited to extensive government support, rising threats of terrorism, and surging crime rates in the region. The most usual users of VSaaS are office spaces, restaurants, and hotels. There is an increasing installation of modern surveillance systems by the government in public spaces. In addition, it is also working to expand the usage of these services in the infrastructure and defense industries. Moreover, there is a consistent growth in the European industry because of extensive government support, greater deployment of technologically advanced devices in numerous sectors, coupled with a rising integration of cloud-enabled VSaaS. In addition, APAC will also not lag due to the rising preference for the smart city concept and greater concerns about safety among the citizens in the digitalized era. Thus, the market will boom in the coming years globally. Hence, extensive government support and rising internet penetration will drive the market. Read More: https://www.psmarketresearch.com/market-analysis/video-surveillance-as-a-service-market