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Global ICT spending reached $2.8 trillion in 2019, registering 3.6% YoY growth. While ICT spending is currently prioritized towards business continuity and solutions to better cope with the pandemic and a post-pandemic business environment, Frost and Sullivan predicts a shift in IT spending patterns, which will lean more towards digital and emergin...

Ransomware has evolved into a top security concern for organizations, and the escalating number of attacks have validated the harmful impact this type of malware can cause across numerous sectors and industries. Cyber-attacks involving ransomware were originally viewed as a novelty that creative criminals came up with, but this type of malware atta...

Traditionally, the focal point of customer experience (CX) has been the contact center, but today’s contact center extends outwards across many channels, both digital and in-person. This has never been truer, as traditional brick-and-mortar establishments have been complemented by digital counterparts in the form of eCommerce and digital self-servi...

18 Feb 2022  |  Global  |  Market Research

Global Cloud Workload Protection (CWP) Growth Opportunities

Increasing Demand for “Shift Left” Security is Driving the Future Growth Potential of CWP Solutions

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The global cloud workload protection market is undergoing a digital transformation, with companies worldwide gradually moving their infrastructure to the cloud. The rise in the adoption of cloud computing and the ineffectiveness of legacy security solutions have presented growth opportunities for the global cloud workload protection market, which i...

09 May 2022  |  Global  |  Frost Radar

Frost Radar™: Global Managed Detection and Response Market, 2022

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

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The global Managed Detection and Response market is fragmented, highly competitive, and one of the most innovative in the cybersecurity industry. Frost & Sullivan selected and plotted the top 15 out of over 70 market participants in this Frost Radar™ analysis. In broad strokes, the MDR market is made up of two groups of vendors. The first group ...

The remote working trend has expanded the network perimeter and the attack surface of many organizations. Coupled with the rising number of cyberattacks across the Asia-Pacific region, the expanded network perimeter has presented growth potential for the network security market, as organizations increasingly look for integrated network security sol...

The non-destructive testing (NDT) inspection services market rebounded in 2017 after two years of negative growth. It is expected to transform over the next five years with the advent of new technologies, changing customer requirements regarding connectivity and analytics features, and novel business models. The market was worth $8.79 billion in 20...

Carrier managed network services (MNS) refer to network services offered and managed by a carrier (telecommunications) company, which cover the implementation and support of network equipment, applications, and services. Businesses increasingly adopt advanced technologies from different vendors to improve business processes, reduce costs, and enhan...

The building energy management systems (BEMS) market is poised for significant growth, driven by advancements in transformational technologies, heightened focus on energy efficiency, and increasing regulatory mandates to combat climate change. BEMS solutions integrate hardware, software, and data analytics to monitor, control, and optimize building...