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Showing posts from March, 2021

Global Multi-Factor Authentication Market is expected to reach USD 17.76 billion at a CAGR of 15.07% by 2025

 Global Multi-Factor Authentication Market is expected to reach USD 17.76 billion at a CAGR as the scope and its applications are rising enormously across the globe. To confirm the user’s identity for a login or other transaction, Multi-Factor Authentication (MFA) is a security system that needs more than one technique of verification from independent groups of credentials. The aim of MFA is to create a layered defense that helps to protect personal and official data from an unauthorized person. It is built from a grouping of biometric validation techniques, physical techniques, and logical techniques to protect product or service and a facility. The multi-factor authentication market is expected to grow at a CAGR of 15.07% by 2025. It allows administrations to use enhanced safety choices and used in various applications as high security guarantee and welfares provided for data security are documented as major factors of Multi-Factor Authentication Market that are estimated to enhance

Global Milking Robots Market size is expected to reach USD 2.61 billion by 2025

 Global Milking Robots Market size is expected to reach USD 2.61 billion by 2025. A milking robot is a type of rural robot which performs milking of dairy cows without human work. The milk production industry has seen an increase in herd size and demand for milk in the past few years. Automation and robotics technology has increased the production capacities and operational efficiencies of milk producers. Milking robots market is expected to register a CAGR of 11.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The primary applications of milking robot systems include cleaning teats, collecting & routing animals and milking operations. The implementation of milking robots in dairy industry requires high initial investments, skilled & knowledgeable farmers and efficient management tools for the uninterrupted & effective use of technologies. In the market, various types of milking robot are available such as single-s

Internet of Things (IoT) Fleet Management Market expected reach USD 16.86 billion by 2025

 Internet of Things (IoT) Fleet Management Market is expected reach USD 16.86 billion by 2025, as the scope, product types and its applications are increasing across the globe. The Internet of Things (IoT) is the network of vehicles, physical devices, home applications, and the other items surrounded with software, electronics, actuators, sensors, and connectivity; which permits these objects to exchange and connect data. The Internet of Things Fleet Management market is expected to grow at a CAGR of 20.8% in the upcoming period. The rate of adoption for IoT fleet management has triggered due to the introduction of vehicular internet connectivity. Increasing necessity for optimal operative competences and vehicle security is one of the important inclinations stimulating market development. Furthermore, growing compatibility of tablets, smartphones, and the other smart devices with vehicles has formed an entrance for internet connectivity facilities. On the other hand, factors such as g

Fog Computing Market Anticipated to Reach USD 617.3 million by 2025

 The global fog computing market size was estimated at USD 9.33 million in 2016 and is anticipated to reach USD 617.3 million by 2025. Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a factory floor, top of a power pole or an oil rig, subject having connectivity, computational and storage imperatives. The primary drivers for fog computing market are inundation of IoT devices with parallel IoT connectivity, subsequent growth in cloud computing market size and Machine to machine (M-M) connectivity. The factors driving the fog computing market size include computational power speed, increased operational efficiency and cost savings across all verticals in the industry.  By type, the fog computing market size spans hardware and software. Sof

Consumer network attached storage (NAS) Market Anticipated to reach USD 8.20 billion by 2025

 The global Consumer network attached storage (NAS) market size was valued at USD 2.18 billion in 2016 and is anticipated to reach USD 8.20 billion by 2025. Global Consumer Network attached storage (NAS) market is expected to witness a significant increase in the market over the forecast period. Rapid growth in digital content is expected to drive the network attached storage market over the forecast period. NAS is a file storage device which enables sharing files either by software, hardware or through configuration between enterprise users. It is operated by connecting data storage to a computer network providing data access to a group of clients. In a consumer NAS market the software is used to store and share files such as music, photos and multimedia among multiple devices. Requirement of personal data backup by the consumers is anticipated to drive market growth. Backup is essential because of its importance in preventing data loss and avoid growing number of computer viruses whi