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The global application security market size is expected to reach USD 10.7 billion by 2025, expanding at a CAGR of 17.7%, according to a new report by Grand View Research, Inc. Increasing targeted attacks on the applications is anticipated to be a major factor that is expected to drive market growth.
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In addition, BYOD adoption in the organizations that are deploying application security services and solutions to protect against potential threats has contributed to the market demand.
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The global sports technology market size is expected to reach USD 34.99 billion by 2025, growing at a CAGR of 20.3% over the forecast period, according to a study conducted by Grand View Research, Inc. The growing adoption of IoT technologies, coupled with the integration of social media with stadium technologies, and the need for real-time player statistics are the key factors driving the market growth over the forecast period.
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Additionally, upcoming international and national sports events and substantial enhancements in spectators engagement are expected to surge the demand for sports technology.
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The global security paper market size is expected to reach USD 24.33 billion by 2025, according to a new study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.0% over the forecast period. Growing demand for anti-counterfeit technologies in applications such as currency printing and printing bank checks is expected to be the key growth driver.
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Security paper protects critical document against alteration and forgery by using multiple security technologies such as watermark, hologram, and Ultraviolet (UV) fiber and threads.
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The global electric AC motors market size is expected to reach USD 146.6 billion by 2025, at a CAGR of 7.3% according to a new report by Grand View Research, Inc. These products are widely used in compressors, fixed cranes, diesel electric engines, and domestic appliances. Their key advantages, such as cost-effectiveness and efficient operation in harsh environments, are making them suitable for a variety of applications.
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These high-efficiency products are likely to witness huge growth, owing to their low maintenance requirements, long operating life, and low power consumption.
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The global smart material market size is anticipated to reach USD 98.2 billion by 2025, expanding at a CAGR of 13.5% over the forecast period, according to a report by Grand View Research, Inc. Extensive research & innovation activities have widened the industrial applications of smart material.
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Augmented use of smart actuators & motors, sensors, and structural materials is anticipated to bolster the demand over the next few years.
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The data center security market is expected to reach USD 15.49 billion by 2024, according to a new report by Grand View Research, Inc. Data center security encompasses all the measures taken to encapsulate the data center environment and protect it from intrusion.
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It needs to be safeguarded against attacks and manipulation at both physical and logical level, subsequently creating a need for a cumulative deployment of security infrastructure.
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The global food service equipment market size is expected to reach USD 44.66 billion by 2025, at a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. Expansion of food service industry and demand for high-end technologies is creating new growth avenues for the market.
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Changing lifestyle of the working population coupled with high demand for ready-to-cook food is boosting the sales of refrigeration equipment. Moreover, increasing disposable income and the need to upgrade kitchen equipment are also contributing to the growth.
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The global online food delivery services market size is expected to reach USD 63,551.77 million by 2025, registering a CAGR of 15.4% over the forecast period, according to a study conducted by Grand View Research, Inc. The market growth can be attributed to the availability of several delivering platforms and significant shift from using websites to using mobile application services for ordering food.
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The increasing internet & smartphone penetration among millennials and growth of the food & beverage industry are some factors anticipated to drive the market growth.
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The global heat pump market size is anticipated to reach USD 103.8 billion by 2025, accelerating at a CAGR of 8.5% over the forecast period, according to a new report published by Grand View Research, Inc.
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The demand for these pumps is anticipated to be driven by growing demand for energy-efficient heating solutions in residential and commercial sectors over the forecast period.
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The self-service technology market is expected to reach USD 39.07 billion by 2022, according to a new study by Grand View Research, Inc. Growing focus by enterprises for offering convenient services to the customers along with customizing cost of these services is estimated to drive demand.
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Deployment of several types of technologically advanced kiosks and vending machines has revolutionized the industry with an improved automation experience.
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The global electronic contract manufacturing and design services market size is expected to reach USD 788.9 billion by 2027, registering a CAGR of 8.5% over the forecast period, according to a new study by Grand View Research, Inc. The electronics industry is highly competitive in nature owing to the increasing complexity of electronic products and rising pressure on OEMs for reducing costs.
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Moreover, decreased product lifecycles have upped the demand for better contract manufacturing capabilities and related services. To achieve the same, OEMs are seeking support from contract manufacturers, which in turn, is driving the market over the forecast period.
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The global server market size is expected to reach USD 83.06 billion by 2025, expanding at a CAGR of 5.4% during the forecast period, according to a study conducted by Grand View Research, Inc.Demand for servers is anticipated to grow considerably in near future, owing to the growing need for IT infrastructure and advancements in digital technologies.
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Rising adoption of data analytics by enterprises to understand consumer trends has resulted in the growing adoption of IT networking equipment.
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The global integrated systems market is expected to reach USD 24.02 billion by 2020, according to a new study by Grand View Research, Inc. Accelerated business demands and intricate nature of IT challenges is anticipated to drive the global integrated systems market demand over the forecast period. The IT industry is highly dynamic in nature and characterized by technological advancements and innovation.
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Every few years the industry experiences tectonic shifts that re-shape IT. Shift in trend from mainframes to client/server to internet computing has altered the way end-users build, purchase, consume, and deliver technology.
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The global enterprise networking market is expected to reach USD 64.63 billion by 2024, according to a new report by Grand View Research, Inc. Increasing adoption of virtualization technologies by organizations to reduce the storage infrastructure costs is expected to offer lucrative opportunities to the market over the forecast period. For free request sample copy visit here: https://bit.ly/34FgIvn Growing popularity of wireless equipment and strong demand for internet-enabled devices is expected to drive the revenue growth. Enterprises are favoring the advanced technologies and features such as 100G Ethernet switches and adoption of 802.11 ac standards.
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The global legal services market size is anticipated to reach USD 1,045.24 billion by 2025, exhibiting a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. The growing use of latest technologies in offering legal services is expected to drive the market growth.
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A strong emphasis on ensuring transparency in the relationship with clients is also expected to drive the growth of the market.
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The global Set Top Box market size is anticipated to reach USD 29.78 billion by 2024, according to a new report by Grand View Research, Inc. Factors, such as a compliance with the stringent regulations mandating the digitization of cable TV and the subsequent migrations toward digital TV from analog TV, have increased the global demand for set top boxes.
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With an increase in the disposable income and the emerging middle-class population, the demand for media-rich home entertainment services is increasing among the consumers.
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The global multi-factor authentication (MFA) market size is expected to reach USD 17.76 billion by 2025, according to a new study by Grand View Research, Inc., experiencing a CAGR of 15.07% during the forecast period.
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Increasing implementation of BYOD and cloud-based services across enterprises, along with the growing security regulations and mandates, is benefiting market growth.
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