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Digital immune system Market to reach $57 billion, Globally, by 2032 at 13.3% CAGR: Allied Market Research




Allied Market Research published a report, titled, “Digital Immune System Market by Component (Solution and Services), Deployment Mode (On-premise and Cloud), Security Type (Network Security, Cloud Security, Endpoint Security, Internet of Things (IoT) Security, and Others), Industry Vertical (IT and Telecom, BFSI, Manufacturing, Education, Healthcare, Government, and Others), and Region (North AmericaEuropeAsia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2032″ According to the report, the global generated $16.8 billion in 2022, and is estimated to reach $ 57 billion by 2032, witnessing a CAGR of 13.3% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Drivers, Restraints, and Opportunities-

Rise in concerns about cyberattacks and loT and BYOD trends impact the growth of the digital immune system market. Moreover, the market growth is affected by lack of understanding among consumers regarding security. In addition, increase in use of mobile platforms and applications and rise in threat of phishing and malware among businesses influence the market growth. However, each of these factors is expected to have a definite impact on the growth of the global digital immune system market during the forecast period.

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Report coverage & details:

Report Coverage


Forecast Period


Base Year


Market Size in 2022

$16,825.49 Million

Market Size in 2032

$57,021.83 Million


13.3 %

No. of Pages in Report


Segments covered

Component, Deployment Mode, Security Type, Industry Vertical, and Region.


Rise in concerns about cyberattacks

loT and BYOD trends


Rise in use of mobile platforms and applications

Increase in threat of phishing and malware among businesses


Lack of understanding among consumer

Covid-19 scenario-

  • The outbreak of COVID-19 pandemic had an enormous impact on the lives of people and the overall community as well as economy.
  • The COVID-19 outbreak has had a significant impact on the development of the digital immune system market as the use of smartphones, linked devices, and e-commerce all present lucrative potential for security provider.
  • Throughout 2020, COVID has caused crises in the social, economic, and energy sectors as well as in the medical community. On many facets of society, this crisis had several direct and indirect repercussions.
  • To monitor and contain the virus, the digital and artificial intelligence industries can be a valuable professional resource as the recent advancements in artificial intelligence have significantly enhanced COVID-19 screening, diagnoses, and prediction.

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The solution segment to rule the market-

By component, the solution segment held the major share in 2022, garnering nearly one-third of the global digital immune system market revenue. The adoption of these solutions is further aided by the automated capabilities and improved visibility that digital immune technologies provide for identifying and thwarting threats. However, the services segment would also showcase the fastest CAGR of 15.3% during the forecast period, owing to more effectively detecting, investigating, and responding to cyberattacks. In addition, these services enhance the use of software programs, maximize the cost of an existing installation by optimizing it, and reduce deployment costs & risks, all of which contribute to the growth of the market.

The on-premise segment to maintain its dominance during the forecast period

By deployment mode, the on-premise segment contributed to the highest share in 2022, accounting around one-third of the global digital immune system market revenue. The on-premises segment refers to a component of a digital immune system that is installed and operates locally within an organization’s network infrastructure. It offers a number of benefits such as greater control and customization over the system, enhanced security and compliance, and the ability to identify potential threats or security breaches. However, the cloud segment would also showcase the fastest CAGR of 15.5% throughout the forecast period, owing to provide a range of security services such as firewall protection, threat intelligence, and malware detection. These services are offered by third-party providers who specialize in cybersecurity, and they can be easily integrated into an organization’s existing network infrastructure.

The network security segment to maintain its dominance during the forecast period

By security type, the network security segment contributed to the highest share in 2022, accounting around two-third of the global digital immune system market revenue. The network security segment is significant as it helps to prevent unauthorized access to an organization’s network. It works by analyzing incoming and outgoing network traffic and blocking any suspicious activity. However, the cloud security segment would also showcase the fastest CAGR of 16.7% throughout the forecast period, owing to scalability and flexibility, allowing organizations to rapidly deploy and scale their IT infrastructure as needed.

The IT and telecom segment to dominate by 2032

By industry vertical, the IT and telecom segment accounted for nearly two-fifth of the global digital immune system market share in 2022, and is expected to rule the boost by 2032, owing to operate in a highly competitive industry that necessitates bringing cutting-edge products to market more quickly while maintaining reliable service models while lowering cost and complexity. However, the education segment would also display the fastest CAGR of 18.3% throughout the forecast period, owing to early detection that use behavioral analytics to alert unusual behavior is growing, which significantly promotes market expansion.

Asia-Pacific garnered the major share in 2022

By region, North America garnered the highest share in 2022, holding nearly one-third of the global Digital immune system market revenue in 2022, and is projected to retain its dominance by 2032, owing to growing awareness among organizations in this region about data security and compliance with the most recent rules established by the governments of these nations. However, the Asia-Pacific region would also portray the fastest CAGR of 16.4% during the forecast period, owing to the increasing severity of these attacks and strict government regulations, it is anticipated that the Asia-Pacific digital immune system market will grow at a notable pace.

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Leading Market Players-

  • International Business Machines Corporation
  • Cisco System, Inc.
  • Mcafee, LLC
  • Fireeye, Inc.
  • Palo Alto Networks Inc
  • Hcl Technologies Limited
  • Microsoft Corporation
  • Trend Micro Incorporated
  • Check Point Software Technologies Ltd.
  • Broadcom

The report analyzes these key players in the global digital immune system market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.

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Stockify goes fully Digital, offers Mutual Funds and Dematerialization of shares




In a strategic move to expand its offerings and provide a comprehensive suite of financial services, Stockify, a leading platform for Unlisted and pre-IPO shares in India, has announced plans to venture into the Mutual Fund space.

This development comes as part of Stockify’s mission to assist High-Net Individuals (HNIs) and Non-Resident Indians (NRIs) in accessing various investment opportunities in India via the pre-IPO route and maximizing their wealth. The company is also set to facilitate the Dematerialization of Shares. (Conversion of Physical Share to DEMAT account.)

Founded by Piyush Jhunjhunwala (CA, CPA) and Co-Founded by Rahul Khatuwala (CA) both seasoned finance professionals with decades of experience in global conglomerates.

Stockify has already carved a niche for itself in the Indian Financial landscape. The platform primarily focuses on providing access to Blue-Chip Stocks before their listing on the Indian Stock Market (via the Pre IPO Route) enabling early investors to potentially achieve significant returns. While expressing the company’s intent behind expanding its services, Jhunjhunwala said, “Mutual Funds are the backbone of the Indian Equity market, and we believe it is important that NRI and retail investors in India can greatly benefit from our new offering and this will help them in creating long-term wealth.”

The recent announcement of Stockify entering the Mutual Funds market follows the company’s successful acquisition of a Mutual Fund license in the first quarter of 2023. Alongside Mutual Funds, Stockify intends to offer an array of other financial products, like Start-up Funding, fixed investment products like Bonds and Non-Convertible Debentures (NCDs) and Insurance-Linked Investments, in the coming months. Notably, Stockify plans to make all its products and services 100% accessible online, aligning with the Digital India vision of our beloved Prime Minster Mr. Narendra Modi.

Currently, Stockify boasts 70 Unlisted/pre-IPO companies on its platform, with in-depth research conducted on all of them as stated by Jhunjhunwala. It offers a simple online process where transactions can be completed online, and shares get transferred to the clients DEMAT account on the same day.

Stockify’s global presence was recently showcased at the Dubai Fintech Summit (DFS). The two-day event brought together over 5,000 C-suite leaders, 1,000-plus investors, and 150 speakers from around the world. Stockify was selected as one of the proud exhibitors at the summit, solidifying its position as one of the world’s largest providers of pre-IPO and Unlisted Stocks in India.

With its ambitious expansion plans and commitment to innovation, Stockify is set to continue revolutionizing the way investors access and engage with financial opportunities in India and beyond.

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VerifyVASP Wins Hong Kong’s IFTA Fintech and Innovation Awards 2022/23: Regulatory Technology Award




VerifyVASP was awarded the Institute of Financial Technologists of Asia (IFTA) Fintech and Innovation Awards 2022/23 for Regulatory Technology. The awards exhibit the extraordinary achievements made by companies and individuals in the finance and technology industries.

The IFTA Awards, themed “Game Changers: The Rise of Next Gen Fintech”, celebrates ground-breaking ideas and technologies that are shaping the future of finance. The distinguished Guest of Honour presenting the IFTA awards was the Under Secretary for Financial Services and the Treasury for Financial Services in the Hong Kong SAR, Mr. Joseph Ho-Lim Chan.

VerifyVASP has established itself as a comprehensive Travel Rule solution provider catering to Virtual Assets Service Providers (VASPs) worldwide. Its commitment to facilitating full compliance with Travel Rule regulations across multiple jurisdictions has earned it this prestigious recognition.

This accolade comes at an opportune time, as VerifyVASP supports the Hong Kong Virtual Asset Trading Platforms (VATPs) in adhering to the regulatory framework set forth by the Hong Kong Securities & Futures Commission, which came into effect on 1 June 2023. VATPs are granted a grace period till 1 January 2024 to ensure compliance with Travel Rule requirements.

The IFTA Fintech and Innovation Award underscores VerifyVASP’s capabilities, including:

  • Facilitation of counterparty due diligence: VerifyVASP assists VASPs in counterparty due diligence before the first transaction, to stringent standards akin to that observed in correspondent banking. This is achieved through VerifyVASP’s own rigorous due diligence process, encompassing over 100 VASPs.
  • Immediate and secure transmission: Leveraging a scalable architecture, VerifyVASP ensures immediate and secure transmission of required information, alongside verification of such information. To date, the platform has processed over 5 million transfers.
  • Adherence to international data protection laws: VerifyVASP complies with international data protection law thanks to its decentralised, end to end encrypted architecture. This dedication to data security and privacy sets it apart in the industry.
  • Asset agnostic: VerifyVASP’s capabilities extend to accommodating any type of virtual asset, having processed over 400 cryptocurrency variants on its platform.
  • Integration of third-party screening solutions: VerifyVASP seamlessly integrates third-party solutions, allowing for efficient screening of originators or beneficiaries before blockchain transactions.


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Nagad’s Digital Bank on cards, Sadaf to lead the side




Nagad, Bangladesh’s leading Mobile Financial Service (MFS) provider, is gearing up to establish the much-anticipated digital bank, as it is going to secure a licence from the Bangladesh Bank within a couple of months.

Sadaf Roksana, a co-founder and executive director of Nagad Ltd., has been entrusted with the responsibility of leading her company’s transformative venture that will bring greater convenience to the lives of millions of Bangladeshis, reducing their reliance on traditional brick-and-mortar banks.

The MFS provider earlier applied to secure a digital bank licence following the central bank’s call for applications through its website. The Bangladesh Bank also formulated necessary guidelines to widen and accelerate financial inclusion, which will also create jobs for young IT workers.

The world’s fastest mobile money carrier is going to venture into the digital banking era at a time when the financial landscape across the globe is fast evolving towards digitalisation, driven by technological advancements and changing consumer preferences.

Taking on the new assignment, Sadaf, a seasoned financial executive with a remarkable track record in the fintech industry, is poised to steer Nagad’s digital bank towards success. Once Nagad gets the digital bank licence, it will provide its consumers with innovative and convenient banking solutions.

“We are very excited that we are going to introduce digital banking services to the people of Bangladesh within a couple of months,” Sadaf said, adding, “This endeavour aligns perfectly with our vision of enhancing financial inclusion and ensuring easy access to all financial services also at affordable prices.”

Nagad is already well-equipped to launch a digital bank. It will start serving customers soon after getting the licence, Sadaf assured.

Under its digital banking platform, Nagad will introduce many new services, such as single-digit and collateral-free loans for small informal businesses and farmers who now are to take loans from moneylenders even at 40% interest rate per day, she pointed out.

“Thus, we will encourage them to come under financial inclusion, thus putting their money into the formal channel,” she expressed her optimism.

To assess one’s creditworthiness, Nagad has created an AI-based credit rating system that will analyse all transactions-related data available on public domains using one’s NID and mobile number, Sadaf Roksana added.

As Nagad goes ahead with its plans, all eyes will be on Sadaf Roksana and her team as they will embark on this exciting journey towards a more digitised and inclusive financial future for the country.

SOURCE Nagad Limited

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