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MarketsandMarkets forecasts ‘robust growth’ in biometric system market

The global biometric system market is expected to be valued at $47.2 billion (£38bn) in 2024 and is projected to reach $84.5 billion (£68bn) by 2029; it is expected to grow at a CAGR of 12.3% from 2024 to 2029, according to a new report by MarketsandMarkets™. Increasing integration of biometrics in consumer electronics is fuelling the

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Incident and emergency management market worth $196.20 billion by 2030 says report by MarketsandMarkets

The global Incident and Emergency Management Market size is projected to grow from $137.45 billion (£109.65bn) in 2024 to $196.20bn (£156.52bn) by 2030 at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period, according to a new report by MarketsandMarkets™. The market’s expansion is linked to rising urbanisation, which increases population density and disaster susceptibility, necessitating enhanced

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MarketsandMarkets: AI in supply chain market to hit $40.53bn by 2030

According to a research report by MarketsandMarkets, the AI in supply chain market is projected to grow from $9.15bn (£7.30bn) in 2024 and is expected to reach $40.53bn (£32.37bn) by 2030, growing at a CAGR of 28.2% from 2024 to 2030. Called “AI in Supply Chain Market by Application (Demand Planning & Forecasting, Supply Chain

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MarketsandMarkets releases outlook report on video surveillance storage market to 2029

MarketsandMarkets has released a new report detailing the outlook for the video surveillance storage market, which is experiencing significant growth, driven by the increasing need for security and monitoring across various sectors. The solid state drives segment is to register a higher CAGR in the next five years, while Asia-Pacific is set to lead in

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MarketsandMarkets: Generative AI market to reach $136.7 bn by 2030

According to MarketsandMarkets, the generative AI market is estimated to be $20.9 billion (£15.96bn) in 2024 and is projected to reach $136.7bn (£104.43bn) by 2030. In its recently launched Generative AI Market Global Forecast to 2030, the analyst said that significant investments from venture capital, corporate funding, and government support accelerated research and development in

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MarketsandMarkets: AI in Video Surveillance market to hit $16.3bn by 2028

According to a new report by MarketsandMarkets, AI in video surveillance market is expected to be valued at $5.6 billion (£4.27bn) in 2023 and is projected to reach $16.3 billion (£12.44bn) by 2028; at a CAGR of 23.7% from 2023 to 2028. China is one of the largest consumers of video surveillance devices and systems

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MarketsandMarkets: Fingerprint sensor market worth $5.9 billion by 2029

According to a recent report from MarketsandMarkets, the fingerprint sensor market is projected to grow from $4.2 billion (£3.27bn) in 2024 and is expected to reach $5.9bn (£4.59bn) by 2029, growing at a CAGR of 7.0% from 2024 to 2029. Called “Fingerprint Sensor Market Size, Share and Industry Growth Analysis by Technology (Capacitive, Optical, Thermal,

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Global security market projected to pass $500bn by 2029 says MarketsandMarkets

The global security solutions industry size is expected to be valued at $354.7bn (£277.66bn) in 2024 and is projected to reach $502.1bn (£393.05bn) by 2029, according to a new report by MarketsandMarkets. It is expected to grow at a CAGR of 7.2% from 2024 to 2029. Growth will be driven by the proliferation of smart

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MarketsandMarkets value global security solutions market at nearly $355bn in 2024

The global security solutions market size is expected to be valued at $354.7 billion in 2024 and is projected to reach $502.1bn by 2029, according to new research by MarketsandMarkets. It is expected to grow at a CAGR of 7.2% from 2024 to 2029. The proliferation of smart cities, critical infrastructure projects, and the escalating

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Access control market to grow to $15.2bn by 2029, says MarketsandMarkets

The access control market is forecast to grow from $10.4 billion (€9.58bn) in 2024, to $15.2bn (€14bn) by 2029, growing at a CAGR of 7.8% from 2024 to 2029, according to a new report by MarketsandMarkets. The market analyst describes access control systems as “providing improved operational efficiency and cost savings as it streamlines access

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