Global data center networking market to reach $40.9 billion by 2025

The global data center networking market is projected to reach $40.9 billion by 2025 and projected to register 11.0% CAGR over the forecast period, from 2019 to 2025 according to Million Insights. The growing huge amount of unstructured data across sev… Continue reading Global data center networking market to reach $40.9 billion by 2025

Key cybersecurity industry challenges in the next five years

What key challenges will the cybersecurity industry be dealing with in the next five years? Pete Herzog, Managing Director at ISECOM, is so sure that artificial intelligence could be the biggest security problem to solve and the biggest answer to the p… Continue reading Key cybersecurity industry challenges in the next five years

Cloud IT infrastructure spending grows, non-cloud investments plunge

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, n… Continue reading Cloud IT infrastructure spending grows, non-cloud investments plunge

Despite COVID-19, 5G progress in connections and deployments continues

5G progress in connections and deployments continues despite the COVID-19 pandemic and resulting economic downturn according to 5G Americas. According to data from Omdia, there are now over 63.6 million 5G connections globally as of Q1 2020, which repr… Continue reading Despite COVID-19, 5G progress in connections and deployments continues

Global IoT spending dropping significantly in 2020, but expected to rebound in 2021

Worldwide IoT spending has been significantly impacted by the economic effects of the pandemic in 2020, although a back to double-digit growth rebound is expected both in the mid and long-term, according to IDC. IoT spending is growing 8.2% year over y… Continue reading Global IoT spending dropping significantly in 2020, but expected to rebound in 2021

5G subscriptions to top 190 million this year, 2.8 billion by the end of 2025

The global number of 5G subscriptions to top 190 million by the end of 2020 and 2.8 billion by the end of 2025, according to a report by Ericsson. The report also takes an incisive look at the role of networks and digital infrastructure in keeping soci… Continue reading 5G subscriptions to top 190 million this year, 2.8 billion by the end of 2025

Endpoint security market to reach $18.6B by 2027

The endpoint security market is expected to grow at a CAGR of 5.9% from 2020 to reach $18.6 billion by 2027, according to Meticulous Research. Various factors such as growing e-commerce industry, increasing number of IoT devices, emergence of disruptiv… Continue reading Endpoint security market to reach $18.6B by 2027

Increasing awareness of cyber risks among SMBs to boost MDR revenues

The increasing number of sophisticated cyber threats will lead to a rise in demand for Managed Detection and Response (MDR) solutions from small and medium businesses. The market size is poised to grow at a CAGR of 16.4% between 2019 and 2024, with rev… Continue reading Increasing awareness of cyber risks among SMBs to boost MDR revenues

How does COVID-19 impact cloud adoption?

99% of IT professionals worldwide indicated an impact on their business today related to the COVID-19 pandemic, a MariaDB survey reveals. The situation only slightly improves looking ahead to 2021, with 84% expecting a continued impact. And 74% of resp… Continue reading How does COVID-19 impact cloud adoption?

Global revenue from OCP infrastructure market to reach $33.8 billion in 2024

Worldwide revenue from the Open Compute Project (OCP) infrastructure market will reach $33.8 billion in 2024, according to IDC. While year-over-year growth will slow slightly in 2020 due to capital preservation strategies during the COVID-19 situation,… Continue reading Global revenue from OCP infrastructure market to reach $33.8 billion in 2024