Hardware Security Module Market is Led by the Payment Processing Category The hardware security modules market was USD 1,250 million in 2022, and it will touch USD 3,732 million, advancing at a 14.7% CAGR, by 2030. The advancement of this industry is attributed to the increasing cases of cyberattacks and security breaches, the employment of user-friendly interfaces to integrate blockchain transaction security systems for consumers, and the acceptance of modern technologies, for instance, cloud computing, big data analytics, and IoT. In 2022, the payment processing category, based on application, accounted for the largest share in the industry. This is because of the mounting requirement for secure payment transaction methods, because of the surging penetration of mobile banking and e-commerce. The cloud category, based on deployment, will observe faster growth, of approximately 15%, in the years to come. With cloud-based hardware security modules, businesses can easily create encryption keys on the cloud, without requiring maintaining and hosting on-premises servers. Read More: https://www.psmarketresearch.com/market-analysis/hardware-security-modules-market

Benefits of Big Data in Healthcare Healthcare analytics is the method of turning information into insights that can advance the care of the patient. Big data plays a vital role in healthcare analytics, as it can offer a wealth of data utilized to recognize leanings and advance outcomes. Healthcare is one of the greatest data-rich sectors, but it has been sluggish to accept big data analytics because of privacy worries and the complication of its information. Though, as more healthcare establishments are identifying the worth of data-motivated decision-making, they are initiating spending on healthcare analytics solutions. Read More: https://www.psmarketresearch.com/market-analysis/big-data-analytics-in-healthcare-market