5g-in-defense-market-worth-$2.3-billion-by-2028-–-exclusive-report-by-marketsandmarkets

5G in Defense Market worth $2.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

 

The 5G in Defense Market is estimated to be USD 0.9 billion in 2023 to USD 2.3 billion by 2028, at a CAGR of 19.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The driving factor for the 5G in Defense market 5G in elevation of growing Situational Awareness drives the market, Technological innovations in 5G Network, 5G drives Real-time Connectivity in Multi-Threat future battlespace scenarios, Growth of Autonomous and Connected Devices a Catalyst for 5G in the Defense Market etc.

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Browse in-depth TOC on “5G in Defense Market” 

140 – Tables
80 – Figures
220 – Pages

5G in Defense Market Report Scope:

Report Coverage

Details

Market Revenue in 2023

$ 0.9 Billion

Estimated Value by 2028

$ 2.3 Billion

Growth Rate

Poised to grow at a CAGR of 19.9%

Market Size Available for

2019–2028

Forecast Period

2023–2028

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Platform, Solution, End User, Network Type, Installation and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Complexity of Spectrum Management for 5G Deployment in Defense

Key Market Opportunities

Increased defense budgets for R&D and technological advancements

Key Market Drivers

5G in elevation of growing Situational Awareness drives the market

Based on Platform, the airborne segment is expected to grow at the highest CAGR during the forecast period.

The platform segment has been segmented into land, naval, and airborne. The airborne platform segment includes military aircraft, unmanned aerial vehicles (UAV), and military helicopters. This segment covers 5G deployment in airborne platforms that helps in tracking multiple objects. 5G systems deployed on airborne platforms are used for long-range broadband communication via satellite and vehicle integrated tactical command, control, and information (C2I) systems as well as operational C3I systems.

Major countries, such as the US, China, France, and India, are increasing their spending on the deployment of 5G on airborne platforms to enhance their surveillance and attack capabilities.

Based on Solution, core network segment anticipated with highest CAGR 23.3% to lead market during the forecast period.

Based on solution, the 5G in defense market has been segmented into Communication network, chipsets and core network technology. Though 5G network technologies are in the nascent stage, they are anticipated to generate large volumes of data in the near future as more and more devices connect over 5G networks in order to communicate with each other. Communication between different arrays of devices would generate unpredictable high-speed data traffic. It is crucial for network operators/engineers to efficiently manage network operations and effectively monitor data traffic in order to address customer demands. Thus, technology developers have created tools that can completely transform network operations and increase flexibility, in terms of scaling up network expansion abilities, in order to cope with the staggering volumes of data. This can be achieved with advanced network technologies such as network functions virtualization (NFV) and software-defined networking (SDN). NFV is a new advanced network technology in which virtualized network services are carried out in lieu of proprietary, dedicated, or application-specific hardware such as switches, servers, and routers and shares the highest market share in 2023.

Based on End User Segment, the military segment acquires largest market share in market during the forecast period.

The advent of fifth generation (5G) mobile technology promises to boost data transfer rates and offer superior bandwidth compared to its predecessor, fourth generation (4G) technology. This technological leap has the potential to unlock new possibilities in both militaries. 5G has the potential to relay sensor data between operators and unmanned vehicles, and to interconnect these vehicles. This could pave the way for innovative military operational concepts, like swarming, were coordinated behavior among multiple units.

5G technologies might be integrated into Intelligence, Surveillance, and Reconnaissance (ISR) systems, which are progressively requiring higher bandwidths to manage, utilize, and distribute data from an expanding array of battlefield sensors. This integration could offer commanders prompt access to pertinent intelligence information, subsequently enhancing strategic decision-making.

Based on Network Type, the EMBB segment is projected to lead market during the forecast period.

5G in defense offers high-speed, high-bandwidth connectivity for enhanced mobile broadband (eMBB) applications like content creation, online gaming, and augmented reality. Its coverage extends to remote areas worldwide, making it advantageous for individuals and businesses residing in rural regions or frequent travelers. 5G in defense offers high-speed connectivity, allowing streaming of video content and ensuring access to reliable connectivity while on the move.

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Based on Region, the APAC segment is projected to grow at the highest CAGR during the forecast period.

The 5G in Defense Market is anticipated to be dominated by the Asia Pacific region in the forecasted period. China, IndiaJapanSouth Korea, and the Australia are the regions that were looked at in this market. One of the primary international players operating in the Asia Pacific region is Japan, China, and India, which makes significant investments in the creation of 5G technologies.  The 5G in Defense Industry has seen a surge in product offerings, meeting a range of needs and preferences as sectors lean into innovation. Under the “smart base” initiative, 5G technology will undergo trial implementation at a Self-Defense Forces base, aiming to establish a local network of interlinked logistical and other devices. The overarching vision is to integrate this high-speed communication standard into future defense equipment and front-line divisions. This two-year trial was scheduled to commence in fiscal 2021 at the Chitose Air Base of the Air Self-Defense Force, located in Chitose, Hokkaido.

The 5G in defense  companies is dominated by a few globally established  players such as Ericsson (Sweden), Huawei (China), Nokia Networks (Finland), Samsung (South Korea), NEC (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US), Ligado Networks (US), and Wind River Systems, Inc. (US)., are some of the leading companies in the  5G in Defense  market.  These companies have well-equipped manufacturing facilities and strong distribution networks across North AmericaEuropeAsia PacificLatin America, and Middle East & Africa.

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exploring-f5g-evolution,-huawei-launches-three-enterprise-optical-network-solutions

Exploring F5G Evolution, Huawei Launches Three Enterprise Optical Network Solutions

 

At its “F5G Evolution, Bringing Intelligence Everywhere” Summit held during HUAWEI CONNECT 2023, Huawei shared its F5G application practices with global customers and partners in industries spanning electric power, education, real estate, manufacturing, and healthcare. Furthermore, it launched a variety of innovative products and solutions.

Richard Jin, President of Huawei Optical Business Product Line, said in his keynote speech, “Amid increasing application of AI, the industry poses new requirements on sensing and connectivity. Industry intelligence requires a sensing network and an all-optical network. During the industry intelligence evolution, Huawei continues to explore industry sensing, all-optical campus networks, WAN production networks, data center interconnect, and residential networks. On top of that, we have launched a series of innovative F5G products and solutions to empower AI-enabled industries.”

Campus scenarios: Huawei has released the FTTO 2.0 solution. Based on the XGS-PON Pro technology, this solution supports 12.5G/25G to rooms, 2.5G/10G to APs, and 2.5G to desktops, building green 10G all-optical networks and facilitating campus intelligence. Featuring ultra-broadband, simplified, high-quality, and green networks, the solution can be used in scenarios to enable unified bearing of all services over one fiber and meet customer requirements for building next-generation campus networks.

Electric power and transportation industries: Huawei has launched the SE-OTN solution, which is applied to SDH reconstruction at various stations, including power substations, trackside stations, toll stations, and oil and gas BVSs. Using the next-generation optical service unit (OSU) standard for SDH evolution, this solution offers 10 times more bandwidth than legacy SDH networks and inherits the high security and reliability of such networks. And unlike common OTN solutions, the SE-OTN solution does not require complex optical-layer devices, thereby making network planning and O&M far simpler and reducing construction costs effectively. As such, it represents an optimal choice for industries looking to evolve their SDH production networks.

Perimeter protection scenarios: Huawei has launched the industry’s first perimeter protection solution that enables optical-visual linkage and multi-dimensional sensing. At the Summit, Huawei joined hands with partners to release Optical-Visual Linkage for Perimeter Protection Technical White Paper.

In the future, Huawei will continue to innovate based on F5G evolution, develop leading products and solutions, and work with customers and partners to facilitate intelligent upgrade of various industries.

huawei-connect-tech4all-summit-explores-how-technology-and-partnerships-enable-inclusion-and-sustainability

Huawei Connect TECH4ALL Summit Explores How Technology and Partnerships Enable Inclusion and Sustainability

 

The Huawei Connect 2023 TECH4ALL Summit on 20th September  invited TECH4ALL partners from across the globe to share their insights into the key role that technology and partnerships play in enabling a more inclusive and sustainable digital world

Based on highlighting current project outcomes and best practices, a key theme of the summit was how partnerships serve as a bridge between ICT industries, governments, international organizations, research institutes, and NGOs to achieve common goals in the areas of inclusion and sustainability.

“We know that technologies such as broadband connectivity, cloud, the Internet of Things, and AI offer huge potential as rapid catalysts of change, changes that can benefit both people and the planet,” said Peng Song, Senior Vice President for Huawei and President of ICT Strategy and Marketing in his opening speech.

Speaking for International Union for Conservation of Nature (IUCN), James Hardcastle highlighted the Tech4Nature partnership jointly launched by IUCN and Huawei in 2021. With five pilot projects running globally, Tech4Nature aims to improve the management of 300 protected areas by developing innovative technology solutions and measuring conservation efficacy against the IUCN Green List Standard.

“Technology can revolutionize nature conservation. Through our Tech4Nature partnership, we can share and scale-up the technical solutions for biodiversity and climate change. However, it is not just the hardware that can help save costs and enable action. The most useful contribution of tech to conservation is the data analysis that is now possible. We can only accelerate access to intelligence and information better, smarter, effective decision-making through inclusive multi-stakeholder partnerships, said James Hardcastle, Head of Protected and Conserved Areas for IUCN.

At the summit, TECH4ALL partners launched two white papers and signed two strategic cooperation agreements with Huawei in the areas of education and environmental protection.

Two white papers launched

On behalf of Kenya’s Ministry of Education (MoE), Martin Kungania launched the DigiSchool Report – Internet Connectivity to Schools. The report is based on the DigiSchool Internet Connectivity Project, a government-led initiative in partnership with UNESCO and Huawei, with phase one connecting nine secondary and three primary schools to high-speed Internet access in 2021.

“The government is currently working with UNESCO and Huawei on phase two which will connect more schools. This will include special schools for the hearing impaired and provide video conferencing technology to support their teachers and students, providing even greater benefit for disadvantaged learners,” said Martin Kungania, National Coordinator of the Digital Literacy Programme under the Ministry of Education for Kenya.

The paper evaluates how the Internet enhances teaching and learning, identifies best practices for scalability and sustainability, and assesses how connectivity strengthens schools’ administrative functions.

In the environmental domain, TECH4ALL partner Rainforest Connection (RFCx) released Harnessing the Power of Sound and AI to Monitor Biodiversity and Track Global Biodiversity Framework (GBF) Targets.

“The Kunming-Montreal Global Biodiversity Framework (GBF) outlines critical targets for preserving and restoring biodiversity worldwide, but we need effective monitoring tools to track our progress and ultimately achieve these goals,” said Antony Harfield, Chief Technology Officer for RFCx. “The combination of ecoacoustics and AI offers a non-invasive, cost-effective, and scalable solution to this issue, facilitating evidence-based conservation and adaptive management,” “We are thrilled to be working with TECH4ALL on projects around the world that showcase the power of sound and AI to track progress towards GBF targets.”

Rainforest Connection and Huawei have to date deployed smart audio solutions to detect threats, such as illegal logging and poaching, and monitor biodiversity based on species’ vocalizations in ocean, mountain, forest, and rainforest ecosystems in 15 countries.

Two strategic agreements signed

Signed by Huawei and the China Social Entrepreneur Foundation, the Youth Teacher Empowerment Education Plan continues an existing project for providing training in digital skills for young rural teachers. Launched in 2017, the program had trained nearly 125,000 young rural teachers as of June 2023, which has in turn benefited 6 million children in rural schools.

In the environmental domain, the Smart Conservation of the Yellow River Delta agreement signed by Huawei and Yellow River Delta National Nature Reserve continues an ongoing project that has developed innovative solutions for researching, monitoring, and protecting birdlife in the Yellow River Delta area without disturbing local biodiversity. The project includes nesting stations for the endangered Oriental stork, just 10,000 of which remain distributed across East Asia.

The TECH4ALL booth at Huawei Connect showcased many of the initiative’s projects, including DigiTruck, DigiSchool, Conserving Nature with Technology, to visitors attending the annual flagship event, which brought together business leaders, tech experts, partners, developers, and industry stakeholders from around the world to explore new opportunities for an intelligent future..

kexxel-group:-esg-evolve-2023-bringing-together-sustainability-visionaries-from-across-asia,-featuring-global-award-winning-climate-solutions-expert-ian-monroe

Kexxel Group: ESG Evolve 2023 bringing together Sustainability visionaries from across Asia, featuring global award-winning climate solutions expert Ian Monroe

 

In an era defined by transformative innovations, the pursuit of sustainable business practices has become more imperative than ever. The landscape is evolving, and organisations worldwide are witnessing a profound shift in the way they operate. Sustainability, Environmental, Social, and Governance (ESG) principles have transcended from being buzzwords to cornerstones of success. This November 21-23, 2023, join us at EQ Hotel Kuala Lumpur, Malaysia, for ESG Evolve 2023: a transformative journey that explores how innovations are shaping the future of sustainable business.

Organised by Kexxel Group, ESG Evolve 2023 will highlight the proactive approach of businesses in re-engineering their business activities to develop innovative solutions that promote sustainability, foster growth, and create competitive advantage.

This signature 3-day program is crafted to deliver a unique experience: it commences with 2 days of engaging and interactive panel sessions moderated by experts across various industries. The culmination of this enlightening journey unfolds on the third day as they delve into a practical, full-day workshop session. This workshop will be skillfully led by Ian Monroe, an award-winning innovative practitioner renowned for his ability to bridge technology, policy, and science to engineer solutions that make a global impact.

This groundbreaking conference and exhibition will bring together thought leaders, industry experts, and business visionaries from Malaysia and across Asia. Together, they will navigate the evolving landscape of ESG, share insights, and uncover innovative strategies that will drive sustainable development.

The theme of “Transformative Innovations for Sustainable Business” encapsulates the shared vision of harnessing innovation and leveraging sustainable practices to drive economic growth, social progress, and environmental stewardship. By integrating ESG principles into our business models, we can unlock new opportunities, strengthen resilience, and create a lasting positive impact for our people and planet.

WHY YOU SHOULD ATTEND:

  • Innovative Solutions: Discover new and creative ideas that can transform your business into a sustainable one.
  • Latest Technologies: Explore cutting-edge technologies that promote clean energy, sustainability, and eco-friendly practices.
  • Sustainable Strategies: Learn practical strategies to make your business more sustainable and environmentally friendly.
  • Success Stories: Hear examples from companies who have successfully integrated sustainability and innovation into their operations.
  • Investor Insights: Understand how to attract and retain investors for long term value.
  • Collaboration and Partnerships: Forging strategic partnerships and collaborative efforts to create meaningful impact.
  • Policy and Regulation Updates: Stay updated with the latest regulations, compliance and policies for ESG best practices.
  • Measurement and Reporting: Acquire effective mechanisms to measure and disclose performance outcomes.
  • Stakeholder Engagement: Understand how to engage employees, customers, and communities in your sustainability efforts.
  • Future Trends: Stay ahead with trends and opportunities in sustainable business and innovation for competitive advantage.

Past Year Testimonials

For a remarkable experience and impact of ESG Evolve 2022 firsthand, watch our event video –  ESG EVOLVE 2022

“All this is about learning and we have to be willing to learn, to open our minds and get new ideas. I learn all the time. I learned today and that’s how we grow. That’s how we find solutions for a problem – by listening & being part of a dialog.” – Datuk Vinod Sekhar, Chairman & Chief Executive, Petra Group

“The event was superb with great realistic discussion topics. Panel session for Day 1 and the Keynote by Datin Seri Sunita are some of the main strengths for the event.” – Erwin Edward, Manager, Sustainability and Research, Malakoff Corporation

“Thank You to Kexxel Group for arranging this. I think they’ve put together a very interesting set of diverse experienced panelist and that is important because they bring a different narrative. Of course, the co-purpose is to connect on ESG, on the strategy of ESG, on implementation of ESG, what that means for different companies.” –  Junaid Iqbal, Director Sustainability, AIA

“The event has diverse pool of industry players providing their viewpoints and perspectives.” – Andrew Lim – Team Head, Business Development Manager – Standard Chartered Bank

“The event is super organised. Must be the friendliest event organiser I’ve experienced in my 30 years of working.” – Mohd Razif Mohd Yusoff, Head Safety and Sustainability, Sime Darby Property

“I would like to congratulate Kexxel Group for organising this successful event and I have been to quite a number of conferences over the past few years that I must say this is one of the best that I have been to.” – Joel Khaw, Senior Manager Climate Change & Sustainability Services, Ernst & Young

“The speakers throughout the three days have been very knowledgeable and have given very insightful perspectives from varying industries. The workshop especially has been very impactful and has inspired me to share a lot of my learnings with my colleagues and loved ones. Kexxel Group was very organised – from speaker lineup to topics of focus.” – Maryam Zainol, Sustainability Communications Officer, PETRONAS

“Keynote speeches for both days were very deep, insightful, and inspiring. The speakers’ experience sharing is very inspiring and relatable. Everyone in Kexxel is also very friendly and helpful throughout the event.” – Zaman Mat Lazi, Assistant Director, FELDA

“There were a lot of panel speakers from different industries. The event encouraged SMEs to start implementing ESG in their business.  For Kexxel group – very well organized with the fantastic idea of a magic seed card. The short break after panel sessions creates networking opportunities. I enjoyed the event, and look forward to joining again next year.” – Yong Leong Kong, Lecturer, Curtin University Malaysia

“A comprehensive conference and workshop useful for knowledge about moving forward toward ESG compliance and practices to achieve the goal of being a sustainable business. The speakers are charismatic, and the topics are in-depth.” – Fiona Lee, Assistant Communications Manager, Shangri-La Rasa Sayang, Penang

For more information, please visit https://kexxel.com/event/esg-evolve-2023-conference-and-exhibition/details . Look out for our special 3+2 package available for this conference! Download the brochure here for more details.

For media inquiries, sponsorship opportunities, or registration details, please contact Tengku Dayana at [email protected].

We can also conduct an In-House Training in your own company for this topic or any other topic of interest. All you need to do is just to drop us an email at [email protected]!

xinhua-silk-road:-china-services-trade-fair-provides-huge-opportunities-for-global-businesses

Xinhua Silk Road: China services trade fair provides huge opportunities for global businesses

 

Themed “Opening-up leads development, cooperation delivers the future,” the 2023 China International Fair for Trade in Services (CIFTIS) was held in Beijing from September 2 to 6.

As one of the world’s largest and most comprehensive fairs for trade in services, the CIFTIS has demonstrated China’s active role in working with other countries to promote trade in services and drive global economic recovery.

Since it was launched in 2012, the CIFTIS has attracted a total of over 600,000 exhibitors from 196 countries and regions.

Noting the opportunities presented by the event, foreign firms are actively participating to seek cooperation potential of China’s services market.

This year, the CIFTIS featured numerous overseas participants and abundant offline activities.

Over 80 countries and international organizations participated in the event this year. More than 2,400 enterprises got involved in offline exhibitions and over 500 industry-leading enterprises and Global Fortune 500 companies attended the offline fair to publicize their products, services and accomplishments. The United Kingdom (UK), the guest country of honor of the 2023 CIFTIS, sent its largest-ever delegation for the fair this year,  showcasing the fair’s great internationalization and worldwide influence.

It is learned that the 2023 CIFTIS shined a spotlight on sci-tech innovation, mode innovation and format innovation by displaying global applications of chip technologies, artificial intelligence and digital healthcare. Besides, a series of new technologies and products have made their sparkling appearance at the fair, fully manifesting the huge business opportunities and vigorous vitality of services market worldwide.

In the future, China will continuously open up its services sector and strengthen cooperation so as to unleash further growth opportunities for global businesses and inject lasting impetus for the recovery of the world economy.

2023-chengdu-global-industry-investment-promotion-conference-successfully-held

2023 Chengdu Global Industry Investment Promotion Conference Successfully Held

 

On the morning of September 21, the Chengdu Municipal People’s Government hosted the 2023 Chengdu Global Innovation and Entrepreneurship Fair, the Global Industry Investment Promotion Conference, which was officially held in Chengdu Century City Conference Center with the theme of “Win the Future with Chengdu“, aiming at promoting the flow and convergence of innovative elements among countries, cities, and enterprises. Open up the international channel of “project to find investment, product to find the market”, promote cross-border exchanges and cooperation between Chengdu enterprises and international enterprises, and deeply tap and revitalize the high-quality resources of upstream and downstream industrial chains.

As one of the special events of the 2023 China Chengdu Global Innovation and Entrepreneurship Fair, this “Global Industry Investment Promotion Conference” focuses on the new generation of information technology, artificial intelligence, digital economy, aerospace, green low-carbon, new energy, and other sectors. Representatives from 20 countries and regions, including IsraelKazakhstanPoland, the United KingdomBelgiumDenmark, and the Netherlands, were invited to attend the event, bringing business opportunities.

A global partnership program was launched to promote deeper cooperation among cities and help “projects find investment and products find markets”. Mr. Yang Jiande, Vice Chairman of the Chengdu Municipal Committee of the Chinese People’s Political Consultative Conference, attended the event and introduced Chengdu’s investment policies and new competitive advantages in the future, shared new opportunities for Chengdu’s development with representatives of various countries and regions and key enterprises, promoted the deep integration of digital economy and real economy, served the development of real economy, and conspired for a new chapter in the development of the digital age. The conference released the cooperation needs of more than 300 enterprises.

At the “Global Industry Investment Promotion Conference”, through the “matchmaking and display, open negotiation, closed-door communication” and other forms of communication, enterprises, and region representatives are stimulated to actively release resource elements and create market opportunities, so that enterprises can grasp the global urban development opportunities comprehensively, accurately and timely.

As a feature activity of industrial foreign exchange continuously created by “City of Opportunity and City of Success”, the Global Industrial Investment Docking Conference opens the door of global business opportunities, helps enterprises to exchange and cooperate with the city’s foreign exchanges, and is an important measure for Chengdu to build a national foreign exchange center city.

This “Global Industry Investment Promotion Conference” fully demonstrates Chengdu’s economic vitality, innovation power, city charm and investment potential, demonstrates Chengdu’s exploration of scientific and technological innovation leading the construction of modern industrial system, gathers global innovative forces, innovates and develops together, and seeks a new prospect.

huawei-releases-white-paper-“striding-towards-an-intelligent-world”-for-the-financial-industry

Huawei Releases White Paper “Striding Towards an Intelligent World” for the Financial Industry

 

During HUAWEI CONNECT 2023, Dang Wenshuan, Huawei’s Chief Strategy Architect, released the white paper series titled Striding Towards an Intelligent World, which covers ten major industries.

In the white paper, It proposes suggested actions financial institutions can take to build agile, resilient, and intelligent infrastructure that will put them one step ahead of the game.

Jason Cao, CEO of Huawei Global Digital Finance, explained in an overview to the crowd about six trends that are giving rise to challenges detailed in the white paper.

1. The digital natives who were born after 1995 are gradually dominating consumer spending. Meanwhile, generative AI has taken the world by storm. AI-enabled emotional interaction will be the main way to reach customers.

2. Fully digital transactions are gradually eliminating the need for cards, cash, and counter services. Global central banks are making faster progress in implementing digital currencies. This challenges a financial institution’s ability to handle massive encrypted transactions.

3. Traditional small and micro enterprises have a low level of digitalization. Therefore, they cannot obtain timely financial services due to a lack of effective technical means. This also results in an unideal situation when it comes to trusted supervision and ownership of inventory.

4. New types of transaction fraud and cyberattacks are emerging one after another. Traditional risk control and cyber security methods can hardly cope with them. Financial institutions’ business and fund security is threatened.

5. The basic technical architecture is moving from closed to open. Financial institutions will find it demanding to ensure stable performance when transaction volume peaks. They will come up against enormous hurdles when trying to ensure the high availability of business in extreme circumstances like natural disasters.

6. With a stagnant asset scale, banks are strictly controlling operating and IT expenditures as well as refining operations.

Looking towards the future, Huawei has put forward the “MEGA” target architecture (multi-DC-as-a-computer, E2E experience, green, and autonomous). It helps financial institutions comprehensively upgrade technologies by synergizing storage, computing, optical, network, cloud, and data, accelerating intelligence for both businesses and services.

Through various case examples, the white paper illustrates how financial institutions can train large models that integrate data and AI to enable smart applications such as real-time risk control and intelligent interaction. It goes on to detail how small and micro enterprises’ inventory financing can be activated through AI inference that features cloud-edge collaboration, and how banks can use IPv6 Enhanced and Wi-Fi 6/7 to guarantee the quality of transactional and interactive applications. The white paper also introduces multiple innovative solutions, including financial application modernization, multi-center and multi-active DR, multi-layer in-depth security protection, and cross-layer intelligent O&M. These solutions will help financial institutions create an optimal experience, agile businesses, open innovation, and intelligent autonomy, accelerating their digital and intelligent transformation towards greater success in the AI era.

epson-workforce-enterprise-am-series-multifunction-printers-receive-keypoint-intelligence-security-validation-seal

Epson WorkForce Enterprise AM Series Multifunction Printers Receive Keypoint Intelligence Security Validation Seal

 

Epson America, Inc., a worldwide leader in inkjet printing solutions, today announced its WorkForce® Enterprise AM Series Color Multifunction Printers have earned the Keypoint Intelligence Security Validation Seal for Device Penetration. The WorkForce Enterprise AM Series – AM-C6000AM-C5000 and AM-C4000 A3 line head MFPs – passed a rigorous testing process conducted by certified security experts with automated tools and manual exploitation attempts, ensuring the devices are safeguarded against vulnerabilities.

“The cybersecurity focus of IT departments tends to be on thwarting phishing attacks and securing traditional targets such as network infrastructure PCs and servers. Relatively little attention is paid to printers and MFPs that may also be vulnerable, however, so it is incumbent on OEMs to ensure that their devices have the features to secure the data the printers handle as well as the wider network,” said Jamie Bsales, principal analyst for Smart Workplace & Security in Keypoint Intelligence’s Office Group. “Our device penetration testing showed that these Epson models can do exactly that.”

Keypoint Intelligence provides WorkForce Enterprise AM Series MFPs with Security Validation Seal for Device Penetration.

The Keypoint Intelligence Security Validation Program has become a benchmark in the office peripheral industry and helps position the security of OEM products using consistent testing processes and methodologies as an industry stamp of approval.

“In our digital world, security is critical. It’s crucial for businesses to have layers of IT equipment security to keep systems and devices safe and operations running smoothly,” said Dan Misilewich, product manager, Business Imaging, Epson America, Inc. “We are proud to provide partners, and in turn customers, with print solutions that are not only designed to be safeguarded against vulnerabilities but also validated to do so by a respected industry organization.”

The WorkForce Enterprise AM Series color MFPs –AM-C6000AM-C5000 and AM-C4000 A3 line head MFPs – are built for productivity and reliable performance with fast first-page output, practically no warm-up wait time and precise image quality. With PrecisionCore Heat-Free® technology, the WorkForce Enterprise AM Series MFPs feature the lowest power consumption in each of their classes,1 saving energy. The compact AM-C6000, AM-C5000 and AM-C4000 are designed with features for large workgroups and departments, including a full suite of advanced security features, intuitive and user-friendly operation, and optional finishing and media handling accessories. Epson business printers, including the AM Series, are engineered with PrecisionCore®, a Simple. Smart. Clean. advanced printing technology.

In addition to the WorkForce Enterprise AM Series Color MFPs, the WorkForce Enterprise WF-C21000WF-M21000 and WF-C20750 have also been tested and received the Keypoint Intelligence Security Validation Seal.

For more information on the Epson WorkForce Enterprise AM Series, visit: epson.com/business-inkjet-printers-workforce-enterprise. For more information on the Keypoint Intelligence Security Validation program, visit: keypointintelligence.com/security-validation.

iot-testing-market-to-reach-$304-billion,-globally,-by-2032-at-32.6%-cagr:-allied-market-research

IoT Testing Market to Reach $30.4 Billion, Globally, by 2032 at 32.6% CAGR: Allied Market Research

 

Allied Market Research published a report, titled, “IoT Testing Market by Service Type (Professional Service and Managed Service), Testing Type (Functional Testing, Performance Testing, Network Testing, Compatibility Testing, Usability Testing, and Security Testing), and Application (Smart Building and Home Automation, Capillary Networks Management, Smart Utilities, Vehicle Telematics, Smart Manufacturing, Smart Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032.” According to the report, the global IoT testing industry generated $1.9 billion in 2022 and is anticipated to generate $30.4 billion by 2032, witnessing a CAGR of 32.6% from 2023 to 2032.

Internet of Things (IoT) testing is the process by which devices and systems can be tested for their functionality and performance, as well as for their security and interoperability. IoT testing is the process of testing the whole IoT ecosystem, from connected devices to sensors to gateways to communication protocols to cloud platforms and applications.

Prime Determinants of Growth- 

The global IoT testing market is experiencing growth due to several factors, including the rise in importance of DevOps, an increase in demand for IP testing of IoT devices, and the increased deployment of microservices. However, scalability of the IoT system and applications is expected to hamper market growth. On the other hand, the growth of cloud computing is anticipated to provide lucrative development opportunities for the IoT testing market in the upcoming years.

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Report Coverage & Details: 

Report Coverage 

Details 

Forecast Period 

2023–2032 

Base Year 

2022

Market Size in 2022 

$1.9 Billion 

Market Size in 2032 

$30.4 Billion 

CAGR 

32.6 %

No. of Pages in Report 

436

Segments Covered 

Service Type, Testing Type, Application, and Region 

Drivers

Rise in the importance of DevOps.

Increase in demand for IP testing of IoT devices.

The increased deployment of microservices.

Opportunities

Increasing demand for API monitoring.

The increase in adoption of smart city concepts.

Restraints 

Lack of consistency among standards for interconnectivity and interoperability

COVID-19 Scenario: 

  • The COVID-19 pandemic had a positive impact on the IoT testing market, significantly driven by the accelerated digital transformation across industries, propelling increased adoption of IoT technologies. Sectors such as healthcare and manufacturing embraced IoT solutions for remote patient monitoring, telemedicine, and supply chain optimization, leading to a heightened demand for thorough testing to ensure reliability and accuracy.
  • Overall, contactless solutions and smart retail gained prominence, requiring robust testing to ensure secure and user-friendly interactions. The emphasis on security in remote environments has heightened the need for rigorous security testing of IoT devices and networks. These positive shifts have fueled market growth and innovation during the pandemic.

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The performance testing segment to rule the roost by 2023- 

Based on testing type, the functional testing segment held the highest market share in 2022, accounting for more than two-thirds of the global IoT testing market revenue. With the growing number of cyber threats targeting IoT devices, applications, and data, testing methodologies are evolving to include comprehensive security testing. This involves assessing vulnerabilities, encryption mechanisms, and authentication protocols to safeguard IoT ecosystems. On the other hand, the performance testing to rule the roost by 2032. However, the network testing segment is projected to manifest the highest CAGR of 37.3% from 2023 to 2032. This is because network testing is moving toward replicating real-world network conditions more accurately. This includes simulating scenarios such as network congestion, intermittent connectivity, and varying signal strengths to assess IoT devices’ resilience in different environments.

The smart building and home automation segment to maintain its leadership status throughout the forecast period- 

Based on application, the smart manufacturing segment held the highest market share in 2022, accounting for more than one-fourth of the global IoT testing market revenue. This is due to IoT-enabled systems providing manufacturers with data-driven insights that inform decision-making. As manufacturers increasingly rely on these insights to drive improvements and innovations, the demand for accurate data validation and testing grows. On the other hand, the smart building and home automation segment is expected to maintain its leadership status throughout the forecast period. However, the smart healthcare segment is projected to manifest the highest CAGR of 39.5% from 2023 to 2032. The growth is attributed to the fact that biometric authentication enables passengers to move seamlessly through various touchpoints of their travel journey, from check-in and security to boarding and baggage claim.

Asia-Pacific to maintain its dominance by 2032- 

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global IoT testing market revenue. Owing to the increasing number of connected devices and the potential for cyberattacks, there has been a strong emphasis on integrating robust security testing into IoT solutions. This includes testing for vulnerabilities, encryption, authentication, and access control. On the other hand, the Asia-Pacific region is expected to maintain its dominance during the forecast period. The same region is expected to witness the fastest CAGR of 35.9% from 2023 to 2032. Owing to the rising demand for effective manufacturing and the expansion of IT-based services in developing nations. The need for IoT testing solutions is driven by the region’s significant technological advancements and demand for 5G IoT across all business sectors.

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Leading Market Players: – 

  • AFour Technologies
  • Apica
  • Novacoast, Inc.
  • Capgemini SE
  • Happiest Minds
  • HCL Technologies Limited
  • Infosys
  • Keysight Technologies
  • Praetorian
  • Rapid7  

The report provides a detailed analysis of these key players in the global IoT testing market. These players have adopted different strategies such as partnerships, product launches, and expansion to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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clarivate-launches-ai-powered-tool-to-simplify-ip-budgets-and-forecasts

Clarivate Launches AI-Powered Tool to Simplify IP Budgets and Forecasts

 

Clarivate Plc (NYSE:CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, today launched Forecast, the next generation artificial intelligence (AI)-driven solution designed to enable intellectual property (IP) professionals worldwide to confidently and efficiently optimize their IP portfolios and strategy.

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Gordon Samson, President, Intellectual Property, Clarivate, said: “Managing IP as a strategic asset and as a major cost center is an issue of increasing importance, from corporate legal departments to the C-suite, and it requires careful financial management.”

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