The global #aircraft #pressure #sensitive #tape market is projected to reach USD 463.2 million in 2023, registering at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period 2024-2030. The growth of the market is majorly driven by the rapid penetration of advanced smartphones and wearable devices driving demand for robust, flexible, and superior psa tape solutions https://www.precisionbusinessinsights.com/market-reports/aircraft-pressure-sensitive-tape-market

The Rise of Digital Gift Cards: Trends and Insights for 2026 The digital gift cards market is expected to register a CAGR of around 17.1% during the review period. The growth of the eCommerce industry coupled with the increasing usage of smartphones is likely to drive market growth in the coming years. Read More: https://www.stratviewresearch.com/1485/digital-gift-cards-market.html

Rising 5G Penetration Propelling C-RAN Market Growth The market is being propelled by the growing focus of industries on automation, increasing adoption of the 5G technology, rising digitalization rate, soaring use of smartphones, and mushrooming requirement for internet of things services and solutions. Read More: https://www.psmarketresearch.com/market-analysis/c-ran-market

Increasing Enactment of BYOD Policy Fueling Enterprise Mobility Management Market Boom Owing to the increasing penetration of the internet, mushrooming use of smartphones, and growing enactment of the bring-your-own-device (BYOD) policy at workplaces in several countries, the global enterprise mobility management (EMM) market is expanding rapidly. Read More: https://www.psmarketresearch.com/market-analysis/enterprise-mobility-management-emm-market

Mobile VPN Market Growth To Be Fastest in Asia-Pacific (APAC) The growth of the mobile virtual private network (MVPN) market is being driven by the increasing rate of cybercrime and rising demand for remote accessibility in large businesses. In 2017, revenue of $525.4 million was generated from the sales of the such solutions, which is predicted to witness a 19.7% CAGR during the forecast period (2018–2023), to surge to $1,560.7 million in 2023. A VPN uses the public internet to channel the traffic securely and secretly to a network from a computer or mobile phone. On the basis of end user, the mobile VPN market is divided into government, telecommunication, financial, healthcare, utilities, military, oil and gas, mining, and others. During the historical period (2013–2017), the telecommunication division held the largest share, as with the increasing adoption of smartphones, these devices are being used to transfer business-critical information in organizations, which needs to be protected. Till 2023, the healthcare division will grow the fastest in the market due to the usage of these solutions for accessing confidential medical information by healthcare providers. The key trend in the market presently is the adoption of VPNs for cybersecurity. With the increasing popularity of laptops, smartphones, and tablets, businesses are focusing on making their employees and information mobile, at the same time protecting the latter from unauthorized access. For this, MVPN continues to function even after mobile devices exit its coverage area or change networks. In addition, the processing power required and memory print created by MVPNs is smaller than wired VPNs, which allows the applications to run with more speed and the mobile battery to last longer. One of the major drivers for the mobile VPN market is the increasing need for remote operations in large firms. With organizations having employees around the world, they require a centrally managed and simplified remote office, so that business application and database access can be provided to employees at low cost. Moreover, MVPNs offer remote employees flexibility, enhance productivity and user satisfaction, reduce help desk expenditure, and provide better support for issues that are common with VPNs. Another major factor boosting the growth of the mobile VPN market is the increase in the number of cyberattacks. Because of this, $655 billion was estimated to be spent on cybersecurity solutions between 2015 and 2020, of which $113 billion was estimated to be specifically for securing mobile devices. As organizations grow, they generate increasing amounts of sensitive data, which makes them a potential target for cybercriminals. With a lot of this data now being stored on and exchanged via mobile devices, the demand for MVPNs is rising. In 2017, the mobile VPN market generated the highest revenue in North America, because of the high incidence of cyberattacks, rapid sales of mobile phones, increasing implementation of the bring-your-own-device (BYOD) policy, heavy public and private spending on cybersecurity, and technological advancements. The fastest growth during the forecast period will be witnessed by Asia-Pacific (APAC), as a result of the rising sales of smartphones in India and China. Moreover, the increasing penetration of the internet, strict regulations regarding cybersecurity, and rapid industrializing are driving the demand for MVPN solutions in APAC. Hence, the market will witness continuous growth around the world as more smartphones are bought and cybersecurity threats increase. Read More: https://www.psmarketresearch.com/market-analysis/mobile-virtual-private-network-products-market

Smart Card IC Market Will Reach USD 4,929.8 Million by 2030 The global smart card IC market will touch USD 4,929.8 million, propelling at a 7.1% compound annual growth rate, by 2030. This is mainly because of the growing utilization of financial cards and other safe payment solutions. Moreover, the acceptance of smart IDs in educational organizations and e-governance projects are propelling growth. The growing need for safe payment solutions is one of the major reasons because of why the industry is rising at a high pace. As the count of e-commerce payments is growing, so is the count of scams and frauds. To dodge being a victim of such scams, more-safe solutions are needed, and smart cards are one such solution, as they provide more safety and privacy than other financial data storage or payment solutions. In 2022, based on end users, the telecommunications category dominated the industry with the largest share. This is mainly because of the use of integrated circuits in subscriber identity modules, boosted by the increasing smartphone acceptance. Businesses are not only offering postpaid and prepaid SIMs but also pay-as-you-go variants with minimal paperwork, which makes it simpler for customers to use such cards. Additionally, numerous steps are being taken by the government of several nations to connect individuals in rural areas with the internet or smartphones. Based on the interface segment, the contactless category is rising at a high pace. This is because of the growing utilization of such cards in several establishments and educational organizations as an access control device. They are utilized in biometric arrangements as they convey information in only one way and do not need the Internet to process. Furthermore, because of the COVID-19 epidemic, several establishments shifted to contactless smart cards, as they are a more-sterile choice over touch-based biometric technologies, like fingerprint and palm geometry recognition. During the forecast period, the APAC region is projected to grow at a high rate, mainly because of the rapid industrialization and urbanization in the region. Moreover, the fast acceptance of novel technologies in the healthcare, telecommunications, and BFSI industries is boosting the addition of integrated circuits in smart cards. Furthermore, the count of SIMs being utilized in the region is growing at a high rate, which will drive the industry’s development. Based on type, in 2022, the microcontroller category led the market with the largest share, and the category is also projected to dominate the market in the future as well, as such chips provide better memory storage and safety to information compared to the old-style magnetic-stripe cards. Hence, the growing utilization of financial cards and other safe payment solutions. Moreover, the acceptance of smart IDs in educational organizations and e-governance projects are the major factors propelling the market. Read More: https://www.psmarketresearch.com/market-analysis/smart-card-ic-market