Fintech

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

Published

1 year ago

June 9, 2023

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 America, Europe, Asia-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	Details
Forecast Period	2023–2032 Advertisement
Base Year	2022
Market Size in 2022	$16,825.49 Million
Market Size in 2032	$57,021.83 Million
CAGR	13.3 %
No. of Pages in Report	315 Advertisement
Segments covered	Component, Deployment Mode, Security Type, Industry Vertical, and Region.
Drivers	Rise in concerns about cyberattacks loT and BYOD trends
Opportunities	Rise in use of mobile platforms and applications Increase in threat of phishing and malware among businesses
Restraints	Lack of understanding among consumer Advertisement

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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Fintech

Revolutionizing Rewards: How ZBD and Finfare Connect Are Bringing Bitcoin to Everyday Spending

Published

7 hours ago

December 5, 2024

Zoltan Tundik

ZBD, a pioneer in merging gaming and payments through Bitcoin rewards, is taking a bold step beyond gaming with its new partnership with Finfare Connect. By offering instant Bitcoin cashback for everyday purchases at major retailers like Nike, Adidas, and Best Buy, ZBD is transforming how users engage with rewards. In this interview, Ben Cousens, CSO of ZBD, shares insights on the partnership, its impact on user loyalty, and how it’s shaping the future of Bitcoin adoption through seamless, real-world applications.

Q: ZBD has been a key player in merging gaming and payments through Bitcoin rewards. How does this new partnership with Finfare Connect enhance ZBD’s existing offerings, and what excites you most about giving users more ways to earn Bitcoin through everyday purchases?

Ben: The ZBD app has been used by millions of players to earn rewards instantly within games; a process made possible through our payments system. We’re constantly looking to provide new ways for users to earn rewards within the ZBD app, building upon the credibility and growth we’ve seen in the games industry. Our partnership with Finfare provides instant cashback through the ZBD app to customers in the USA, as they shop at brands and retailers like Nike, Adidas, and BestBuy. What’s exciting to me is we get to flex the power of our payment system even more – instant payments with no minimums are an amazing cashback mechanic.

Q: With the ability for ZBD users to link payment cards and accounts to earn Bitcoin rewards from brands like Nike, Adidas, and Best Buy, how do you see this partnership impacting user engagement and loyalty within your platform?

Ben: I see audiences behaving in two ways. The first are users who may come to the shopping section of the app often to check available deals, and purchase accordingly to take advantage of the discounts offered.

At the same time, other users will just link their accounts, shop as they normally would, and automatically receive rewards in the ZBD app without even thinking about it. I actually find this second segment more exciting, as it just seems such a seamless and, from a payments point of view, pretty futuristic solution.

We are doing this to provide a valuable service and delight our users. If we can succeed in that, which so far seems to be the case, then engagement and loyalty will increase. It’s about fulfilling the promise of being the best place for rewards with real value, paid out instantly and available for people to use instantly.

Q: ZBD is known for integrating Bitcoin rewards with gaming and social experiences. How do you envision this partnership with Finfare Connect helping ZBD extend its appeal beyond gaming and into more mainstream shopping and daily transactions?

Ben: Providing more use cases outside of gaming fits with our ethos of being a tech-first company focused on revolutionizing online payments. Once payment accounts are linked to Finfare, ZBD seamlessly provides cashback with no input required from the user. This perfectly aligns with why users come to ZBD – we are using payments to make digital experiences more rewarding.

We believe the partnership allows us to bring our users a feature they will love, but it might also bring a different type of user to ZBD: one that comes primarily for the shopping aspects and sees the gaming and entertainment features as less important. This is something the market will show us and we’ll adapt based on the users and usage we see, but it’s certainly exciting.

Q: The collaboration with Finfare Connect seems to make Bitcoin rewards more accessible for everyday users. How important is this accessibility to ZBD’s strategy, and how do you see it contributing to broader Bitcoin adoption in the long term?

Ben: ZBD is a payments company that plays heavily in the rewards space and the way we revolutionize payments is by using the Bitcoin lightning network as our underlying rail. This isn’t about pushing Bitcoin or making users aware of it, though I won’t lie, it can make user acquisition easier. It’s about laying groundwork and building out meaningful steps forward in online payment experiences, starting with rewards, and then going beyond.

It’s always our goal to make everything we do accessible to everyday users with no Bitcoin knowledge. We want the experience to be simpler, more seamless and faster than any other type of financial technology. The majority of our users are new to Bitcoin and find us through games. Our goal is to educate them a bit, but mostly to just give them products they can use intuitively and get value from even if they aren’t at all interested in Bitcoin. Now, we’re bringing this approach to shopping rewards.

Bitcoin adoption will happen if Bitcoin is used by a wide range of people as part of their everyday lives. Bitcoin will be used if it is useful, simple and solves a problem. So we aren’t ever thinking about Bitcoin adoption. We’re just doing what we do the best we can and adoption will take care of itself.

Fintech

Fintech Pulse: Your Daily Industry Brief (Axos Bank, Global Trading Network, Fonepay, Compass Plus Technologies, Instacoins)

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December 4, 2024

Peter Tolan

fintech-pulse:-your-daily-industry-brief-(axos-bank,-global-trading-network,-fonepay,-compass-plus-technologies,-instacoins)

Axos Bank Partners with Way.com to Address Rising Car Costs

Axos Bank has teamed up with Way.com to help customers mitigate increasing car expenses. This partnership focuses on vehicle refinancing and aims to offer savings through integrated digital solutions. By combining Way.com’s auto services with Axos’ financial products, users can streamline their vehicle-related expenses, from insurance to payments. This move reflects Axos’ strategy to enhance its consumer offerings by leveraging partnerships in niche sectors.

Source: Axos Bank.

Brazil’s Largest Drug Gang Under Investigation for Fintech Infiltration

Brazilian authorities are probing the country’s largest drug gang for using fintech platforms to launder money. This investigation highlights concerns over the growing use of digital financial tools by organized crime. The gang allegedly exploited fintech’s lack of stringent oversight compared to traditional banking, raising red flags about regulatory gaps in the digital financial landscape.

Source: Bloomberg.

GTN Appoints New CEO to Drive European Expansion

Global Trading Network (GTN) has appointed Christopher Gregory as CEO for Europe, marking a pivotal step in its strategic expansion across the continent. Gregory, known for his expertise in fintech and capital markets, is expected to lead GTN’s efforts in diversifying its product offerings and enhancing its market presence. This leadership shift underscores GTN’s commitment to capitalizing on Europe’s burgeoning fintech market.

Source: PR Newswire.

Fonepay and Compass Plus Launch Nepal’s First Virtual Credit Card

Nepal’s digital payments ecosystem takes a leap forward with Fonepay partnering with Compass Plus Technologies to introduce the nation’s first virtual credit card. This innovation aims to promote cashless transactions and enhance financial inclusion by offering secure, contactless payment options. This development aligns with Nepal’s digital transformation goals and is set to redefine consumer payment experiences in the region.

Source: Fintech Futures.

Instacoins Partners with Luxury Brands for Digital Payments

Instacoins is expanding its footprint in the luxury market by partnering with high-end brands to enable cryptocurrency payments. This initiative is designed to offer affluent customers a seamless digital payment option, blending traditional luxury shopping with modern fintech solutions. The partnership also reflects the increasing adoption of cryptocurrency in mainstream commerce.

Source: PR Newswire.

The post Fintech Pulse: Your Daily Industry Brief (Axos Bank, Global Trading Network, Fonepay, Compass Plus Technologies, Instacoins) appeared first on News, Events, Advertising Options.

Fintech

Bety Unveils Enhanced Offer of 20,000+ Crypto Games and Sportsbook Events

Published

22 hours ago

December 4, 2024

Peter Tolan

bety-unveils-enhanced-offer-of-20,000+-crypto-games-and-sportsbook-events

Bety is a decentralized casino and sportsbook platform that supports Bitcoin deposits and withdrawals. It is owned and operated by 12 Stars International Gaming Solutions Limited, a company established in Seychelles.

Bety, one of the leading Web3 betting platforms with a decentralized approach to casinos and sportsbooks, has unveiled its enhanced offer, boasting over 20,000 crypto casino games, sports, and eSports events. The platform aims to become one of the top Bitcoin casinos with a fair, transparent, and unmatched gaming experience for everyone

Blockchain technology is a catalyst for innovation in all sectors, and online casino gaming is no exception. The growing adoption of cryptocurrency into the mainstream supports the emergence of groundbreaking platforms in digital entertainment. Bety is one of the major players spearheading this revolution by offering secure and accessible gaming experiences to change how people interact with online gambling services.

The Advantages of Web3 Betting

Traditional online casinos have been around since the early days of the Internet. However, they have always faced the same challenges, such as slow payouts and high deposit/withdrawal fees. Moreover, users have often complained about the improvable fairness of game bets and their outcomes.

Web3 betting solves these issues and takes online casino gaming to the next level through blockchain gaming. Its use of decentralized ledger technology ensures a transparent gaming experience for all users. It also accelerates deposit and withdrawal times at considerably lower costs than what traditional casinos practice.

The processing times for deposits at traditional and crypto casinos are similar, often occurring instantly. However, there is a significant difference in withdrawal times between conventional online casinos and blockchain-based casinos.For example, traditional casinos can take several days to process withdrawals. Users often have to wait up to 3 days to transfer winnings to their credit/debit cards and 7 days via bank transfers. On the other hand, crypto casinos process payouts in only a few minutes, sometimes instantly, depending on the blockchain network’s congestion. This remarkable speed allows players to access their earnings faster and enhances the user experience.

The Rise of Blockchain Gaming

Blockchain gaming is a game-changer for the online casino experience. This technology offers unprecedented levels of trust and transparency. Thanks to its decentralized nature, players from various regions can play in complete anonymity and privacy. Furthermore, the lack of a centralized authority enhances game insights. It sets the stage for provably fair game mechanics, thus empowering players to make informed choices.Bety is an innovative blockchain gaming platform that employs the Provable Fairness concept, which is fundamental for Web3 betting. The platform ensures that game outcomes are determined randomly and cannot be manipulated by the operator or any other party. Therefore, Bety guarantees equal winning odds for all players.

Innovation and Accessibility

Bety stands out as a popular crypto casino with a rich selection of classic casino games and sports events catering to high-end players. The platform excels through its user-centered approach, which includes various bonuses, an exclusive VIP program, and 24/7 customer support.Moreover, Bety embraces the latest technological advances by incorporating the many benefits of blockchain networks, such as Bitcoin payments. The platform supports quick Bitcoin deposits and withdrawals, offering higher privacy and accessibility than traditional payment methods, such as debit or credit cards.

Hash Games at Bety Casino

Blockchain technology increases the gaming offer for online casinos, providing games not supported by traditional casinos. For example, conventional casinos rely on the classic offer of vintage games with limited scalability and versatility potential. On the other hand, blockchain provides a fertile ground for boundless creativity, spurring innovative concepts, such as play-to-earn and hold-to-earn.Gaming diversity is one of the most exciting aspects of building a Web3 betting platform on blockchain technology. In addition to offering traditional casino games such as slots, poker, blackjack, and roulette, Web3 casinos also provide hash games.Hash games are fast-paced, simple games that mimic classic casino games while adding a pinch of excitement. The game mechanics use hash value calculation and blockchain algorithms to deliver a thrilling, straightforward gaming experience. Players must wager on a predicted hash interval and win if their prediction is correct. Hash games involve various betting options that broaden the winning odds.Bety has several hash games in its versatile blockchain gaming offer, including Hash Banker Player, Hash Bull, 3-Min Bull, 1-Min Banker Player, and more. These games function by simple, easy-to-understand rules and ensure provable fair outcomes with appealing RTP rates.

A Unique Classic Casino Gaming Offer

In the most recent offer upgrade, Bety reveals an enhanced gaming offer, including slots, live casino, table games, lottery games, and sports events. Users can pick from over 10,000 casino games from leading brands, such as PGSoft, Evolution Gaming, Evoplay, Yggdrasil, Red Tiger, EG Games, Spribe, JILI, AE Sexy, Ezugi, and PNG. This stellar collection of games from reputable brands ensures players have non-stop access to the latest games and live events while enjoying a cutting-edge gaming experience.Bety offers a versatile library of over 10,000 slot games from more than 100 leading brands. Many of these games involve highly appealing bonuses, making the playing experience even more exciting. The platform replicates an authentic casino experience through its live casino that players can enjoy without leaving their homes. Also, the table games section includes many traditional and fan-favorite games, such as poker, blackjack, baccarat, craps, roulette, and more.

Promotions & Bonuses

Bety also provides several promotions for new and veteran players to make the gaming experience even more thrilling and fulfilling. The platform offers bonuses on the first 4 deposits and 7-day and monthly bonuses. Furthermore, referring friends to Bety entitles players to additional bonuses and earning opportunities.

The VIP Program

Bety invites players to explore its large blockchain gaming selection. They can quickly make transparent and instant Bitcoin deposits to play these games and boost their profiles on the platform. In time, the most loyal players can enter Bety’s VIP program and enjoy several advantages, including cash back incentives, free chests, free spins, and personal VIP assistants. Moreover, the platform also supports instant Bitcoin withdrawals.

The post Bety Unveils Enhanced Offer of 20,000+ Crypto Games and Sportsbook Events appeared first on News, Events, Advertising Options.