MEA

Facial Recognition Market worth $13.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

CHICAGO, March 5, 2024 /PRNewswire/ -- The global Facial Recognition Market is estimated to be worth USD 6.3 billion in 2023 and is projected to reach USD 13.4 billion by 2028, at a CAGR of 16.3% during the forecast period, according to a new report by MarketsandMarkets™. Accelerated adoption of facial recognition technology during and after the pandemic is driving the growth of the facial recognition market.

Key Points: 
  • On-premises facial recognition refers to software and hardware systems installed locally within an organization's facilities, rather than cloud-based services.
  • During the forecast period, the Asia Pacific region is poised to exhibit the highest CAGR in the facial recognition market.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the global facial recognition market.
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the global facial recognition market.

Facial Recognition Market worth $13.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

CHICAGO, March 5, 2024 /PRNewswire/ -- The global Facial Recognition Market is estimated to be worth USD 6.3 billion in 2023 and is projected to reach USD 13.4 billion by 2028, at a CAGR of 16.3% during the forecast period, according to a new report by MarketsandMarkets™. Accelerated adoption of facial recognition technology during and after the pandemic is driving the growth of the facial recognition market.

Key Points: 
  • On-premises facial recognition refers to software and hardware systems installed locally within an organization's facilities, rather than cloud-based services.
  • During the forecast period, the Asia Pacific region is poised to exhibit the highest CAGR in the facial recognition market.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the global facial recognition market.
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the global facial recognition market.

Corporate Lending Platform Market worth $11.0 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.

Key Points: 
  • By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.
  • The commercial lending sector within the Corporate Lending Platform Market encompasses a diverse range of financial services provided to businesses and corporations.
  • Digital transformation plays a crucial role in driving the Corporate Lending Platform Market in the MEA region.
  • Corporate Lending Platform Market Advantages:
    Corporate lending platforms automate processes including loan origination, underwriting, and servicing to expedite the lending process.

Corporate Lending Platform Market worth $11.0 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.

Key Points: 
  • By Lending Type, Commercial Lending is expected to hold the largest market size for the year 2023.
  • The commercial lending sector within the Corporate Lending Platform Market encompasses a diverse range of financial services provided to businesses and corporations.
  • Digital transformation plays a crucial role in driving the Corporate Lending Platform Market in the MEA region.
  • Corporate Lending Platform Market Advantages:
    Corporate lending platforms automate processes including loan origination, underwriting, and servicing to expedite the lending process.

Ecommerce Market in Middle East and Africa Set to Expand with Promising CAGR of 9.64% Until 2027, Finds New Data-Centric Report

Retrieved on: 
Thursday, February 29, 2024

Amidst the digital transformation revolutionizing consumer behavior, the Ecommerce industry in the Middle East and Africa (MEA) region is displaying robust growth prospects.

Key Points: 
  • Amidst the digital transformation revolutionizing consumer behavior, the Ecommerce industry in the Middle East and Africa (MEA) region is displaying robust growth prospects.
  • It garners significant interest for stakeholders seeking a data-driven approach to deciphering the potential of Ecommerce in the Middle East and Africa.
  • The report shines light on pivotal areas that are poised to redefine consumer spending and interaction within the digital economy.
  • It is a crucial resource for those seeking to leverage the growing Ecommerce space within the promising MEA region.

Next-generation Firewall Market worth $8.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

The cloud/virtual deployment mode has the largest market size in the Next-generation Firewall Market due to several factors such as agility, scalability, reduced hardware costs, simplified management, and improved accessibility.

Key Points: 
  • The cloud/virtual deployment mode has the largest market size in the Next-generation Firewall Market due to several factors such as agility, scalability, reduced hardware costs, simplified management, and improved accessibility.
  • To provide detailed information related to the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Next-generation Firewall Market.
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the Next-generation Firewall Market.
  • To profile the key players of the Next-generation Firewall Market and comprehensively analyze their market size and core competencies in the market.

Next-generation Firewall Market worth $8.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

The cloud/virtual deployment mode has the largest market size in the Next-generation Firewall Market due to several factors such as agility, scalability, reduced hardware costs, simplified management, and improved accessibility.

Key Points: 
  • The cloud/virtual deployment mode has the largest market size in the Next-generation Firewall Market due to several factors such as agility, scalability, reduced hardware costs, simplified management, and improved accessibility.
  • To provide detailed information related to the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Next-generation Firewall Market.
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the Next-generation Firewall Market.
  • To profile the key players of the Next-generation Firewall Market and comprehensively analyze their market size and core competencies in the market.

Group-IB reveals Hi-Tech Crime Trends 23/24: surge in ransomware against backdrop of growing AI, macOS threats

Retrieved on: 
Thursday, February 29, 2024

The growing appetite of nation-state sponsored threat actors, also known as advanced persistent threat (APT) groups, has shown that no region is immune to cyber threats.

Key Points: 
  • The growing appetite of nation-state sponsored threat actors, also known as advanced persistent threat (APT) groups, has shown that no region is immune to cyber threats.
  • FraudGPT and WormGPT are highly discussed tools on underground forums and Telegram channels, tailored for social engineering and phishing.
  • Group-IB's Hi-Tech Crime Trends 2023/2024 also highlighted the sale of compromised ChatGPT credentials on the dark web, building upon past research .
  • A full round-up of the top global threats and invaluable insights from the Group-IB Threat Intelligence unit can be found in the full Hi-Tech Crime Trends 2023/2024 report.

Group-IB reveals Hi-Tech Crime Trends 23/24: surge in ransomware against backdrop of growing AI, macOS threats

Retrieved on: 
Thursday, February 29, 2024

The growing appetite of nation-state sponsored threat actors, also known as advanced persistent threat (APT) groups, has shown that no region is immune to cyber threats.

Key Points: 
  • The growing appetite of nation-state sponsored threat actors, also known as advanced persistent threat (APT) groups, has shown that no region is immune to cyber threats.
  • FraudGPT and WormGPT are highly discussed tools on underground forums and Telegram channels, tailored for social engineering and phishing.
  • Group-IB's Hi-Tech Crime Trends 2023/2024 also highlighted the sale of compromised ChatGPT credentials on the dark web, building upon past research .
  • A full round-up of the top global threats and invaluable insights from the Group-IB Threat Intelligence unit can be found in the full Hi-Tech Crime Trends 2023/2024 report.

GWM-FTXT made a grand appearance at the 2024 Fuel Cell Expo (FC EXPO) in Japan, accelerating its expansion into the global market.

Retrieved on: 
Thursday, February 29, 2024

TOKYO, Feb. 29, 2024 /PRNewswire/ -- On February 28, 2024, the Fuel Cell Expo (FC EXPO) commenced in Tokyo, Japan, standing as one of the world's largest showcases for hydrogen and fuel cell technologies.

Key Points: 
  • TOKYO, Feb. 29, 2024 /PRNewswire/ -- On February 28, 2024, the Fuel Cell Expo (FC EXPO) commenced in Tokyo, Japan, standing as one of the world's largest showcases for hydrogen and fuel cell technologies.
  • As GWM-FTXT is making efforts to accelerate global market expansion, strategic collaborations have been signed with companies and institutions in several countries including Brazil, Canada, and Italy.
  • Together, they aim to collectively explore third-party international markets, leveraging the accumulated application experience in the Chinese market to gradually extend outreach to global markets.
  • This concerted effort seeks to propel pivotal technological innovations and diverse applications in the global hydrogen energy industry, catalyzing the transition toward green energy worldwide.