With rapid increase in cyberattacks and threats, companies are more focused on cybersecurity portfolio. Also, significant funding and investment has been observed since last few years which is likely to positively influence the company’s growth.

Mining activities across the world are increasing at a rapid pace owing to the increasing demand for fibers and metals. Further, the increasing concerns or safety at the site, increasing automation, and rising environmental concerns are supplementing the growth of the smart mining market.

Factors such as major benefits offered by e-commerce platform and surge in adoption of online channel for purchases are driving the market growth.

Due to growing number of data centers & demand for bare metal cloud services is continue to rise in the market and increased investment in technology are some of the major factors driving the market growth.

Major benefits provided by Backend-as-a-Service (BaaS) and growing demand for cloud-based BaaS are driving the market growth.