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Indian Express
a day ago
- Business
- Indian Express
Rejected 400 times, now steering a $130 billion company: Palo Alto CEO Nikesh Arora's unique journey
'Scarcity encourages you to be resourceful. It allows you to do a lot more with a lot less,' said Nikesh Arora, the CEO of Palo Alto Networks Inc., a US-based multinational cybersecurity company. Arora, in a candid conversation with Karishma Mehta of Humans of Bombay, opened up about his journey – from formative years to becoming the CEO of Palo Alto. The tech leader spoke about his humble beginnings in India and his views on the new wave of AI that has gripped the world. Arora, born in Ghaziabad, revealed that he grew up in a disciplined household which was a reflection of his father's role in the Indian Air Force. 'Growing up, we kind of moved around every few years. That brings a degree of adaptability to your life,' he said. His early years were marked by constant change and values passed down from his father: fairness and integrity. Talking about his earlier years, the CEO revealed that his academic journey led him to Banaras Hindu University (BHU), where he pursued engineering. However, a chance detour altered his future. 'I was going to watch a movie the day of the CAT exam for IIM,' he told the host. Further into the conversation, Arora revealed that instead of India, he aimed for US business schools with a meagre $100, opting for institutions that waived application fees. He added Northeastern University in Massachusetts, US, but it also offered him a scholarship. 'They offered to let me teach computer science. So I had to learn it that summer.' Reflecting on his financial journey, the CEO revealed that it was not any easier. He recalled the days when he was borrowing from his father's pension fund. 'I was scraping around, teaching nights, doing all kinds of fun stuff just to survive.' Arora shared that after graduating, he witnessed one of the toughest phases in his life. 'I sent 400-plus applications and got rejected 400-plus times. I saved all the rejection letters. They're my motivation,' he said. The IIT BHU alumni shared that his breakthrough happened in 1992 when he began his career at Fidelity Investments. Here, he held varied positions, eventually becoming the vice president of Fidelity Technologies. During the conversation, Arora revealed that despite receiving negative feedback about his suitability for high finance, he persevered. He went on to earn a master's degree and CFA certification, eventually teaching a CFA course that subsequently led to his next opportunity. Arora's ascent from there has been meteoric. In 2004, he joined Google when the company was barely post-IPO. He described his beginning at Google as 'amazing, like being in a rocket ship'. In the next decade, he was instrumental in Google's revenue growth from $2 billion to over $60 billion. When asked why tech companies were failing, Arora said that they were failing because they stopped paying attention to product. 'If you don't build a great product, your company will eventually die.' After 10 years at Google, Arora said that he felt the urge to move on. 'I wanted to do something different,' he told Mehta. This led him to SoftBank and its charismatic founder, Masayoshi Son. Talking about Son, Arora said, 'Masa is someone whose risk appetite increases with age—that's rare.' The CEO said that Son taught him something simple yet profound – don't waste your time trying to fix bad investments. Focus on where you're already winning. However, not all his decisions aligned; the CEO revealed that he was sceptical of investing in WeWork. 'I saw it as a tech-enabled real estate company. There's infinite real estate in the world. I didn't think the market would give it a premium.' On ARM, too, he initially missed the bet. Talking about his exit from SoftBank, Arora revealed that it was mutual. 'Masa had a 10-year life plan and was supposed to step back at 60. But when the time came, he wasn't ready. I wasn't in a place to wait another 10 years,' adding that he continues to maintain an amicable relationship with Son. Later, after a sabbatical, Arora joined Palo Alto Networks. 'I tried learning golf. I got worse at it. I realised I needed to sink my teeth into something.' When Arora took over, the company was valued at around $18 billion; as of today, it's over $100 billion. When asked what he attributes his growth to, Arora credits his growth to timing and clarity of vision. 'Cybersecurity is a growing market. The more we rely on technology, the more our attack surface expands.' Arora took the company toward cloud and AI early on, emphasising constant innovation. 'If we can't build it, we'll partner or buy.' One of the most noteworthy qualities of Arora is that despite his stellar journey, he remains grounded. 'Nobody likes rejection… But part of growing up in India is believing in destiny. It helps you rationalise failure. 'Everything happens for a reason.' During the conversation, he also revealed his experience with ChatGPT, which left a lasting impression on him. When asked about his views on AI and India, Arora reflected on both the opportunity and complexity. 'There's a mad rush in the US to build massive compute clusters, even exploring nuclear energy to power $500 billion infrastructures. Meanwhile, models are commoditising and going open-source. The question is, 'Where will the true value of AI lie?' For India, Arora believes that the opportunity lies in localising AI. 'You'll be able to rent powerful models eventually, but differentiation will come from localised data and domain knowledge – our languages, our traffic, our culture. For instance, self-driving cars trained in the US would be stuck in India. That's where Indian companies can shine—adapting global AI to the Indian context.' 'You don't have to be first; you have to be smart. And I think there are enough smart people in India who will figure out how to make AI work locally,' he said.
Yahoo
19-03-2025
- Business
- Yahoo
[Latest] Global Software Supply Chain Security Market Size/Share Worth USD 3.27 Billion by 2034 at a 10.9% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Software Supply Chain Security Market size & share revenue was valued at approximately USD 1.95 Billion in 2024 and is expected to reach USD 2.16 Billion in 2025 and is expected to reach around USD 3.27 Billion by 2034, at a CAGR of 10.9% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Cisco Systems Inc., Palo Alto Networks Inc., CrowdStrike Holdings Inc., Check Point Software Technologies, Fortinet Inc., Microsoft Corporation, McAfee Corp., Trend Micro Incorporated, Qualys Inc., FireEye Inc., IBM Corporation, CyberArk Software Ltd., Booz Allen Hamilton, SolarWinds Corporation, Sophos Group plc, and others. Austin, TX, USA, March 19, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Software Supply Chain Security Market Size, Trends and Insights By Component (Hardware, Software, Services), By Security Type (Data Protection, Data Visibility and Governance, Other Security Types), By Enterprise Size (Large Enterprises, Small and Medium-Sized Enterprises (SMEs)), By Vertical (Healthcare and Pharmaceuticals, Retail and E-commerce, Automotive, Transportation and Logistics, Manufacturing, Other Verticals), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' in its research database. 'According to the latest research study, the demand of global Software Supply Chain Security Market size & share was valued at approximately USD 1.95 Billion in 2024 and is expected to reach USD 2.16 Billion in 2025 and is expected to reach a value of around USD 3.27 Billion by 2034, at a compound annual growth rate (CAGR) of about 10.9% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Software Supply Chain Security Market @ Software Supply Chain Security Market Overview As per the industry experts at CMI, the implementation of all advanced cybersecurity strategies and technologies by organizations has proven to be a great opportunity for software supply chain security market players during the forecast period. Increasing software bill of materials (SBOM) utilization, AI-driven threat detection, and vulnerability management systems would create a pull factor for the market. The demand for such software solutions will be fuelled further by the constantly increasing importance of commerce, cloud computing, and the digital transformation of several industries like healthcare, retail, and manufacturing. Increasingly elaborate attacks have resulted in increased awareness by businesses regarding software supply chain security, opening great opportunities for solution providers. Software Supply Chain Security Market Growth Factors The escalating cyber threats: The main growth factor is an increase in attacks on software supply-chain organizations, from ransomware to data breaches. Attacks target weaknesses that exist in third-party software components, which lead organizations to spend more on their supply chains in security. The increase in frequency and sophistication of such attacks has prompted organizations to strengthen their security measures, thus increasing the selling of supply chain security solutions. The Regulatory Framework: They need the software supply chains to be locked up due to stricter regulations and compliance requirements such as GDPR and NIST. Such regulations place a data protection requirement with a transparency clause on organizations for implementing measures like Software Bill of Materials (SBOM) and various vulnerability management systems. The more stringent the regulations compliance, the lower the chances of incurring legal penalties or damage to reputation, hence increasing the prospects in the market. Digital Transformation and Cloud Adoption: Cloud and digital business models have widened the attack surface for growing cyber threats, enhancing the demand for supply chain security. While businesses use third-party services in the cloud, they need to secure their digital supply chains more and more as they increasingly adopt systems that are accessed through the cloud. Digital transformation and cloud adoption across industries such as healthcare, retail, and finance would yield a high potential market for software supply chain security solutions in protecting sensitive data and ensuring business continuity. Technological Evolution: AI and machine-learning development and technological advances in blockchain will change the software supply chain security market completely. AI-reliant solutions for the detection of threats can quickly and accurately detect its vulnerabilities, while blockchain guarantees integrity in software components. Thus, strengthening the value of the security systems and improving vulnerability management while decreasing the chances of exploitation will contribute to overall market dynamics. Complexity of Supply Chains: As supply chains become increasingly complex due to increased reliance on external, third-party vendors and open-source software, managing security across interconnected systems at multiple vendors with diverse software components becomes increasingly futile. Consequently, there will always be a demand for comprehensive integrated security solutions that not only manage the discovery of vulnerabilities and threats but also ensure the entire integrity of the software supply chain. Awareness and Adoption: The increasing awareness of supply chain vulnerabilities and their growing acknowledgment of a potentially significant negative impact on business operations are changing the market dynamics. More organizations realize that unsecured software supply chains can cause serious damage, and they have moved their investments toward security solutions. Thus, increasing demand for cybersecurity services and products at a higher cost will be required to meet the needs of the customers. Request a Customized Copy of the Software Supply Chain Security Market Report @ Report Scope Feature of the Report Details Market Size in 2025 USD 2.16 Billion Projected Market Size in 2034 USD 3.27 Billion Market Size in 2024 USD 1.95 Billion CAGR Growth Rate 10.9% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Component, Security Type, Enterprise Size, Vertical and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Software Supply Chain Security report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Software Supply Chain Security report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Software Supply Chain Security Market Report @ Software Supply Chain Security Market SWOT Analysis Strengths: With rising cyber threats, regulatory needs, and digital transformation, the demand for software supply chain security increases. Advanced technologies like AI, machine learning, and blockchain are redefining security with effectiveness and efficiency. Likewise, software Bill of Materials (SBOM) and vulnerability management systems are gaining traction toward bettering software transparency and security. Moreover, with constant strong support from governments and industry regulations, it sees assured, steady market growth while encouraging organizations to invest significantly toward securing their software supply chains from breaches, fraud, and compliance issues. Weaknesses: The software supply chain security market has several hurdles owing to the complex nature of modern software ecosystems, where various third-party components and open-source software pose increased vulnerabilities. Small operations and SMEs may face resource constraints against implementing advanced security measures, making it difficult for them to invest in good security. Another big challenge is to integrate and maintain security solutions across a diversity of platforms and environments. Some organizations do not have the expertise to successfully understand and respond to risks in their software supply chains, stalling broader adoption of these solutions — specifically within the smaller-sized companies. Opportunities: The phenomenal rise in cloud computing, e-commerce, and digital transformation will significantly give more opportunities to the software supply chain security market. Growing dependence on third-party vendors from industries and interlinked systems will keep the demand for robust cybersecurity solutions increasing. AI and blockchain technology can find innovative ways to secure software supply chains by enhancing threat detection and data integrity. Regulatory compliance is becoming increasingly important, and the adoption of the Software Bill of Materials (SBOM) is propelling expansion within this market, opening avenues for growth with the occurrence of several high-profile cyberattacks. Threats: Despite enormous market demand for software supply chain security, it encounters many threats. The rapid evolution of cyber threats and sophisticated attacks on third-party suppliers remain challenges. Another environmental restriction is the shortage of professional, qualified cybersecurity practitioners, which directly inhibits the growth of this market since organizations cannot fully put into practice their security roadmap. Added to this are the operational hurdles in the form of complexity in securing globalized and interconnected supply chains. As the adversary continues to innovate, this will mean putting pressure on the vendor side to keep up with constant updating and improvements of the security solution while getting ahead of new threats and retaining competitive advantage. Request a Customized Copy of the Software Supply Chain Security Market Report @ Key questions answered in this report: What is the size of the Software Supply Chain Security market and what is its expected growth rate? What are the primary driving factors that push the Software Supply Chain Security market forward? What are the Software Supply Chain Security Industry's top companies? What are the different categories that the Software Supply Chain Security Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Software Supply Chain Security market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Software Supply Chain Security Research Report | Fast Delivery Available - [220+ Pages] @ Software Supply Chain Security Market Regional Analysis The Software Supply Chain Security Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region: North America: North America is a leading region in the software supply-chain security market due to technology advancement, availability of significant cybersecurity firms, and the enactment of stringent regulatory frameworks. The US and Canada are early adopters of advanced cybersecurity technologies, thereby making the region leader in the implementation of secure software solutions. With industries like finance, healthcare, retail, and government, which are intensive consumers of security technologies, there arises a growing need to protect sensitive data while ensuring compliance to increasingly stringent regulations like GDPR and HIPAA. The high level of cybersecurity awareness and innovation in the region has also led to the development of cutting-edge solutions for the mitigation of vulnerabilities within the software supply chain. Narayana Hills has increased cyberattacks, as well as being the driving force behind investments in robust supply chain security measures. Europe: Europe is growing into a very important market in terms of software supply chain security due to its strict regulatory measures and increasing digitalization across industries. The General Data Protection Regulation requires the companies of the region to secure their data technically and has entailed a significant increase in demand for all-encompassing systems of security across the supply chain. Furthermore, Europe's reliance on external resources, as well as the upcoming adoption of cloud technologies in the healthcare, automotive, and finance sectors, strengthens the role that secure software supply chains will play in the future. Countries like the UK, Germany, and France are attracting increasingly larger defined portions of investment in security technologies since companies will have to attain compliance with data privacy and protection regulations and avoid disruptions to their operations through cyberattacks. The growing demand shall boost the market up and up across this region. Asia-Pacific: Asia-Pacific rapidly faces speedily changing things in security software supply chains. Still, the digital transformation of industries and, most intrusively, an increased number of attacks is boosting firewall investment. China, Japan, and India are in heavy investments in cybersecurity infrastructure as they stretch their technology ecosystems, focusing the most attention on securing software elements across different sectors. The proliferation of e-commerce, cloud computing, and IoT integration in industries such as manufacturing, automotive, and telecommunications is boosting this need. Also, countries such as Australia and Singapore are developing and implementing stringent cybersecurity legislation that seeks to drive businesses to upgrade their software supply chain security practices. Businesses have become increasingly reliant on digital technologies, and, hence, effective solutions become ever more vital for ensuring the supply chains are well protected. This means strong growth for the market. LAMEA: Software supply chain security is an emerging market in Latin America, with mounting concerns regarding cybersecurity threats and data breaches. With an increasing number of companies in Brazil, Mexico, and Argentina digitizing their operations, the need to secure the software supply chain has become pressing. Businesses have accumulated more cyber risks due to the increasing adoption of e-commerce, digital financial services, and cloud technologies. This has increased the demand for security solutions to safeguard data protection, regulatory compliance, and operational continuity. The Middle East and Africa (MEA) have grown in the software supply chain security market, with increasing digitalization of industries such as oil and gas, healthcare, and government. Many countries in the region are investing heavily in tech infrastructure, which has complemented the increased demand for solid cybersecurity solutions. Increased cyberattacks targeting critical infrastructure have placed cybersecurity on the priority list of businesses and governments. Request a Customized Copy of the Software Supply Chain Security Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Software Supply Chain Security Market Size, Trends and Insights By Component (Hardware, Software, Services), By Security Type (Data Protection, Data Visibility and Governance, Other Security Types), By Enterprise Size (Large Enterprises, Small and Medium-Sized Enterprises (SMEs)), By Vertical (Healthcare and Pharmaceuticals, Retail and E-commerce, Automotive, Transportation and Logistics, Manufacturing, Other Verticals), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' Report at List of the prominent players in the Software Supply Chain Security Market: Cisco Systems Inc. Palo Alto Networks Inc. CrowdStrike Holdings Inc. Check Point Software Technologies Fortinet Inc. Microsoft Corporation McAfee Corp. Trend Micro Incorporated Qualys Inc. FireEye Inc. IBM Corporation CyberArk Software Ltd. Booz Allen Hamilton SolarWinds Corporation Sophos Group plc Others Click Here to Access a Free Sample Report of the Global Software Supply Chain Security Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. 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Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Digital Payment in Healthcare Market: Digital Payment in Healthcare Market Size, Trends and Insights By Type of Payment (Direct Payments, Credit/Debit Card Payments, Bank Transfers, Digital Wallets, Indirect Payments, Third-Party Payers, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs)), By Solution (Application Program Interface, Payment Gateway, Payment Processing, Payment Security & Fraud Management, Transaction Risk Management, Others), By End-User (Hospitals, Medical Clinics, Pharmacies, Health Insurance Companies, Telemedicine and Remote Health Services, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 The Software Supply Chain Security Market is segmented as follows: By Component Hardware Software Services By Security Type Data Protection Data Visibility and Governance Other Security Types By Enterprise Size Large Enterprises Small and Medium-Sized Enterprises (SMEs) By Vertical Healthcare and Pharmaceuticals Retail and E-commerce Automotive Transportation and Logistics Manufacturing Other Verticals Click Here to Get a Free Sample Report of the Global Software Supply Chain Security Market @ Regional Coverage: North America U.S. Canada Mexico Rest of North America Europe Germany France U.K. Russia Italy Spain Netherlands Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Taiwan Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America This Software Supply Chain Security Market Research/Analysis Report Contains Answers to the following Questions. What Developments Are Going On in That Technology? Which Trends Are Causing These Developments? Who Are the Global Key Players in This Software Supply Chain Security Market? What are Their Company Profile, Product Information, and Contact Information? What Was the Global Market Status of the Software Supply Chain Security Market? What Was the Capacity, Production Value, Cost and PROFIT of the Software Supply Chain Security Market? What Is the Current Market Status of the Software Supply Chain Security Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Software Supply Chain Security Market by Considering Applications and Types? What Are Projections of the Global Software Supply Chain Security Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Software Supply Chain Security Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Software Supply Chain Security Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Software Supply Chain Security Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Software Supply Chain Security Industry? Click Here to Access a Free Sample Report of the Global Software Supply Chain Security Market @ Reasons to Purchase Software Supply Chain Security Market Report Software Supply Chain Security Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Software Supply Chain Security Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Software Supply Chain Security Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Software Supply Chain Security Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Software Supply Chain Security market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth. Buy this Premium Software Supply Chain Security Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Software Supply Chain Security market analysis. The competitive environment of current and potential participants in the Software Supply Chain Security market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given. Who should buy this report? Participants and stakeholders worldwide Software Supply Chain Security market should find this report useful. The research will be useful to all market participants in the Software Supply Chain Security industry. Managers in the Software Supply Chain Security sector are interested in publishing up-to-date and projected data about the worldwide Software Supply Chain Security market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Software Supply Chain Security products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the Software Supply Chain Security Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey. 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