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Tech firms seek tax holiday extension-551377

Tech firms seek tax holiday extension
Jannatul Islam
6th May, 2021 09:48:34
Tech entrepreneurs have urged the government to extend the tax holiday period to 2030 from the existing timeframe of 2024 in line with the national information technology policy to support the growth of Digital Bangladesh.
The business leaders also requested to issue tax exemption certificates in digital format to ease the return submission process.
Talking to the Daily Sun, IT sector trade body leaders have emphasized tax reforms to promote local products and services in the line with the national strategy to help the country become self-reliant in service development and product manufacturing. ....

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The Worldwide Platform as a Service (PaaS) Industry is Expected to Reach $164.3 Million by 2026 at a CAGR of 19.6% from 2020

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DUBLIN, April 20, 2021 /PRNewswire/ The
ResearchAndMarkets.com s offering.
The global PaaS market size is estimated to grow from USD 56.2 billion in 2020 to USD 164.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period.
Key factors that are expected to drive the growth of the market are the increasing need to reduce time to market and cost of application development and focus on streamlining application management. However, cloud washing hindering the growth of PaaS, and security concerns related to the adoption of public cloud are expected to limit the market growth. Apart from drivers and restraints, there are a few lucrative opportunities for PaaS providers in the market. The rapid development of the mobile app ecosystem and the emergence of video communication PaaS are some of the opportunities for vendors in the PaaS market. These opportunities are expected to present new market growth prospects fo ....

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Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities

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ResearchAndMarkets.com s offering.
In the post-COVID-19 scenario, the global big data security market is projected to grow from USD 17,558 million in 2020 to USD 35,364 million by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026.
By deployment, the cloud segment is estimated to hold a larger market size than the on-premises segment in 2020
Unlike traditional on-premises deployment mode, cloud-based big data security solutions provide with a cost effective approach for the enterprises across various industry verticals to enhance security. Pricing is one of the major differentiating factors in the adoption of cloud-based security solution over on-premises security solutions. Growing virtualization across industries and adoption of cloud computing is promoting the demand for cloud-based big data security solutions in various countries. ....

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Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities

Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities
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The Worldwide Industry for Mobile Backend as a Service is Expected to Reach $5.9 Billion by 2025

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ResearchAndMarkets.com s offering.
The global cloud mobile BaaS market is expected to reach USD 5,940 million by 2025 from USD 2,032 million in 2020, at a CAGR of 23.9% during the forecast period.
The demand for Cloud mobile BaaS is driven by the Growing mobile app-driven economies demand BaaS, Increasing adoption of mobile devices, and BaaS helps developers concentrate on the frontend for faster development and deployment.
User Authentication segment to growth with higher CAGR during the forecast period
the application segment has been segmented into Cloud storage and Backup, User authentication, Database Management, Push Notifications, and Others (social integration, geographic location, testing, communications, predictions, usage analytics, mobile backend game service, and professional services). The user authentication application is expected to grow at the highest CAGR during the forecast period. User authenticati ....

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