Press release
Operations Command Center Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Microsoft Corporation, Huawei Technologies Co. Ltd., Hitachi Ltd., Siemens AG, Lockheed Martin Corporation
"The new report published by The Business Research Company, titled ""Operations Command Center Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the operations command center market size has grown strongly in recent years. It will grow from $29.74 billion in 2023 to $32.21 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The operations command center market size is expected to see strong growth in the next few years. It will grow to $44.55 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.
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Leveraging Operations Command Centers Amid Rising Cybersecurity Threats
The growing threats of cybercrime and security breaches are expected to propel the growth of the operations command center market going forward. Cybercrimes and security breaches pose significant threats to organizations, necessitating robust cybersecurity measures and vigilant monitoring to protect sensitive data and maintain operational integrity. The growing threats of cybercrime and security breaches are due to increasingly sophisticated attacks and the expanding digital footprint of organizations. An operations command center helps mitigate the ever-increasing threats of cybercrime and security breaches by providing centralized monitoring, real-time threat detection, and coordinated incident response. For instance, in February 2023, according to Check Point Software Technologies Ltd., a US-based provider of cyber security solutions to corporate enterprises and governments., cyberattacks increased by 38% in 2022 compared to the previous year, with organizations experiencing an average of 1,168 weekly attacks. Therefore, the growing threats of cybercrime and security breaches will drive the growth of the operations command center market.
AI Integration Trends In Operations Command Centers
Major companies operating in the operations command center market are focusing on integrating intelligence and machine algorithms with cloud-based solutions, such as an AI-powered radiology command center, to enhance automation, decision-making processes, and efficiency in critical operations and responses. AI-powered radiology command centers leverage artificial intelligence to enhance diagnostic accuracy, streamline workflow, and improve patient care in radiology departments. For instance, in October 2023, NewVue, a US-based radiology company, launched The cloud-hosted EmpowerSuite. It is integrated with PACS and serves as a centralized radiology dashboard for healthcare organizations, streamlining operations by gathering data from disparate systems. Utilizing AI optimizes workloads and simplifies administrative tasks by summarizing patient history and clinical data. The platform uses AI to summarize clinical data from disparate systems, balance radiologists' workloads and reading preferences, and integrate essential clinical, administrative, and regulatory workflows. The platform also includes features to recognize and reward radiologist achievements, enhance job satisfaction, and boost productivity through gamification elements
The operations command center market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Application: Public Safety And Security, Transportation Management, Utilities Management, Industrial Management, Business Application, Other Applications
3) By End User: Utility Sector, Transportation Sector, Industrial Sector, Data Centers, Colocation Facilities, Other End Users
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Major companies operating in the operations command center market are Microsoft Corporation, Huawei Technologies Co. Ltd., Hitachi Ltd., Siemens AG, Lockheed Martin Corporation, General Electric Company, International Business Machines Corporation (IBM), Deloitte Touche Tohmatsu Limited, Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., ABB Ltd, Hewlett Packard Enterprise Company, Fujitsu Limited, Tata Consultancy Services Limited (TCS), Telefonaktiebolaget LM Ericsson (Ericsson), NEC Corporation, Thales Group, Atos SE, Motorola Solutions Inc., Hexagon AB, Rockwell Collins Inc., Saab AB, Harris Corporation, Everbridge Inc
Contents of the report:
1. Executive Summary
2. Operations Command Center Market Report Structure
3. Operations Command Center Market Trends And Strategies
4. Operations Command Center Market - Macro Economic Scenario
5. Operations Command Center Market Size And Growth
…..
27. Operations Command Center Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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