According to Fortune Business Insights, the global network analytics market size was valued at USD 1.87 billion in 2022. The market is projected to grow from USD 2.25 billion in 2023 to USD 9.94 billion by 2030, exhibiting a CAGR of 23.7% during the forecast period.
According to Expert Market Research, the global private cloud services market size reached approximately USD 49.37 billion in 2023. The market is estimated to grow at a CAGR of 15.1% in the forecast period of 2024-2032, reaching a value of around USD 179.89 billion by 2032.
As per the Mordor Intelligence report, the Cybersecurity Market size is estimated at USD 182.86 billion in 2023, and is expected to reach USD 314.28 billion by 2028, growing at a CAGR of 11.44% during the forecast period (2023-2028). The cybersecurity market revenue in India was valued at USD 3.97 billion in 2023. It is expected to reach USD 9.21 billion by 2028, growing at a CAGR of 18.33% during the forecast period (2023-2028). An exponential rise in the exchange of personal data and currency transactions due to digitalization initiatives has resulted in the need for resilient cybersecurity solutions and services in the country..
As per the report by Research & Markets, the global market for Artificial Intelligence (AI) estimated at US$68.8 Billion in the year 2022, is projected to reach a revised size of US$459.3 Billion by 2030, growing at a CAGR of 26.8% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 26.5% CAGR and reach US$188.2 Billion by the end of the analysis period. Growth in the Hardware segment is estimated at 22.9% CAGR for the next 8-year period.
