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Showing posts from March, 2023

Digital Payments Market worth US$ 4004.95 billion 2019 with a CAGR of 13.8%

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  Growth in the number of customer-centric applications, increased focus on omnichannel payment mode, and expansion of the E-commerce industry globally, are the major factor driving growth of the global digital payments market. In addition, robust proliferation of the internet and increasing investments by internet service providers has upsurge growth of the target market. According to Best VPN organization, in 2017 there was 600% increase in cyber-attacks. The U.S. is the most affected nation by coordinated cyber-attacks, experiencing 303 attacks from 2015 to 2017, followed by India, which faced 133, and Japan hit by 87. Nevertheless, contact less payment method is an alternative payment channel which is creating major trend for the growth of the global market. It deals with short-range wireless technologies, such as near field communication (NFC) or radio frequency identification (RFID), to securely complete payments between a contactless card and contactless-enabled PoS terminal.

Edge Computing Market is estimated to be US$ 108.55 billion by 2030 with a CAGR of 37.3% during the forecast period

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Edge Computing Market accounted for US$ 4.68 billion in 2020 and is estimated to be US$ 108.55 billion by 2030 and is anticipated to register a CAGR of 37.3 %. Edge computing refers to the technique of processing data at the network's edge rather than in a centralized data center. This limits the amount of bandwidth available for communication between central data centers and end-user devices.   Data stream acceleration, mobile signature analysis, and data caching are all possible with edge computing. Edge computing eliminates lag time, allowing smart applications and devices to respond to data virtually instantly as it is generated. Edge computing refers to the efficient processing of huge amounts of data close to the source, hence decreasing internet bandwidth utilisation. The Report  "   Global Edge Computing Market, By Component (Hardware, Services, Platform, and Solutions), By Application (Location Services, Analytics, Data Caching, Smart Cities, Environmental Monitoring,
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  Alarm Monitoring is a system which provides quick and detailed communication between home security system and central station of security provider. Motion detectors, door sensors, flood sensors, smoke detectors, carbon monoxide detectors, tamper sensors are different types of home security alarms. Rising adoption of security system has become a key factor in target market growth. Growing technological advancement in communication technology from traditional monitoring over telephone lines to monitoring system which exploit wireless, digital, and cellular communication to provide excellent, more convenient and more reliable monitoring to consumers which has propel market growth. Further, rising smart city projects with multiple smart devices and advanced technology is expected to boost the demand for Alarm Monitoring Market over the forecast period. The report   “ Alarm Monitoring Market, By Communication Technology (Wired Telecommunication Network and IP Network), By Input Signal