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By 2032, the market for network security firewalls is projected to be worth US$ 19677 million, up from US$ 4882 million in 2022, growing at a CAGR of 15%.

The growing use of web applications and the increasing demand for advanced security services to mitigate the risk of cyber-attacks are factors which are fueling the growth of Network Security Firewalls market. 

Due to growing momentum of interconnected devices, the risk of security is increased and in order to protect the data and information from security breaches and cyber-attacks the adoption of network security firewalls is increasing in various enterprises and this ultimately driving the growth of network security firewalls. Also, the adoption of network security firewalls for cloud technology is also fueling the growth of network security firewalls market. 

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Now a days, most of the medium and large-scale organization has a presence on internet and has an organizational network connected to it. Therefore, network security firewalls are used to maintain network security between the outside internet and the internal network in order to protect the business against fraud and data breaches. 

Also, network security firewalls helps enterprises in securing communication pathway from unauthorized access and data misuse and due to this the network security firewalls market is growing at a rapid pace. 

Network Security Firewalls Market: Drivers and Restraints 

Drivers 

The advancement in the security management services is the primary growth factor which is driving the growth of Network Security Firewalls market. Also, increasing number mobile threat issues in the enterprises is also supporting the rapid adoption of network security firewalls market. Moreover, to handle serious and highly variable risk associated with an exposed security posture, the need of Network Security Firewalls is increasing rapidly. 

Apart from this, increasing adoption of network security firewalls by various enterprises in order to protect their data and information from cyber-attacks is also driving the growth of network security firewalls market.  

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Restraints 

The key challenge in the network security firewalls market is the vulnerability to cyber-attacks. Also, the device and system compatibility is also a major challenge which may hamper the growth of Network Security Firewalls market. Moreover, the lack of preventive firewall maintenance among telecom organizations is also one of the factor which may hampers the growth of network security firewalls market. 

Key Players 

The prominent players in Network Security Firewalls market includes SAP SE, Hewlett Packard Enterprise, Cellusys, Symsoft, Openmind Networks, Tata Communications, ANAM Technologies, AMD Telecom, Adaptive Mobile, Infobip, and others 

Key Segments of the Network Security Firewalls Market

By Type:

• Stateful Packet Inspection
• Next Generation Firewall
• Packet Filtering
• Unified Threat Management

By Solution:

• Signalling Firewall
• SMS Firewall

By Services:

• Professional Services
• Managed Services

By Deployment:

• On-premises
• Cloud
• Virtualization

By Region:

• North America
• Latin America
• Asia Pacific
• Europe
• MEA

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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The term “smart home solutions” refers to home automation methods that are triggered by computing and information technology and connect various appliances and instruments in the home to respond to occupant needs.  The market for smart home solutions is predicted to rise at a rapid CAGR of 12.3% during the forecast period, reaching a value of US$ 78,342.6 million in 2022. The market is anticipated to grow and reach US$ 2,50,456.9 million by 2032.

These solutions enhance the lifestyle of people considering various aspects such as comfort, security, entertainment, and convenience. Smart home solutions were initially marketed and adapted primarily for advanced security features. Eventually new areas such as energy management, entertainment, lighting, and appliances control systems evolved in the smart home solutions market.

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Smart home solutions consist of switches & sensors of home appliances, security systems, and entertainment systems connected to a central hub. This central hub acts as a gateway, from which systems are controlled by a user-interface interacted either with a mobile phone app, tablet app, wall mounted terminal, and a web portal.

Once manifested as the domain of luxurious and rich customers, today many people seek smart home solutions due to awareness of energy efficiency, convenience, and security

Smart Home Solutions Market: Drivers and Restraints

The silicon carbide market is estimated to expand at a CAGR of 7.5% over the forecasted period. During this projection era, it is expected that the silicon carbide market share would increase from its current valuation of US$ 2.8 billion in 2022 to a net worth of US$ 5.8 billion by 2032.

Carborundum is another term for silicon carbide. It is anticipated that silicon carbide will replace other silicon-based semiconductors and transistors on the market because it helps the system reduce size and power loss by 50%.

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Silicon Carbide Market: Drivers and Limitations

Various factors such as the increase in demand for motor drives, compact system size and the increase in the use of silicon carbide in cellular base station and radio frequency devices are some of the factors driving the growth of the silicon carbide market during the forecast period. .

Silicon carbide reduces power system loss by 50% due to increased adoption of compact size semiconductors in various applications such as Industrial Motor Driver, Power Supply and Inverter, Lighting Control and others.

On the other hand, the price of silicon carbide ranges from about $800 to $2,000 per ton, which is very high compared to other alternatives available in the market.

Therefore, the high cost of silicon carbide is the most important factor hindering the growth of the market. In addition, material defects and packaging related issues are the other challenge faced by vendors associated with the silicon carbide market.

The market for security advisory services was estimated to be worth $11.1 billion. By the end of 2032, the market is forecast to be worth US$ 41.4 Bn, with a CAGR of 12.1% over the following ten years. The rise of the market is being driven by the quick development of IT infrastructure and technology.

The CISO advisory and support will develop and implement a security information program, which is designed to protect enterprises’ valuable information from internal and external threats.

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BFSI Vertical continues being growth axis for security advisory services revenue

Security advisory services are mostly used in BFSI verticals as they deal with many sensitive information. The BFSI sector is emerging all over the world quickly which has resulted in increased adoption of security advisory services in this vertical. The revenue from BFSI vertical grew at a CAGR of 19.1% from 2015 through 2021.

Security Advisory Services Market: Competition Insights

Currently, security advisory services providers are developing new service offerings and expanding their existing service offerings with the addition of new tools and modules.  The key companies operating in the security advisory services market include Cisco, DXC Technology, KPMG, Deloitte, PricewaterhouseCoopers (PwC), Tata Consultancy Services, Ernst & Young, Verizon, Rapid7, Dimension Data, eSentire Inc., Kudelski Security, NTT Security, ePlus, Coalfire, Novacoast, Inc., Security Compass, Sage Data Security and Avalon Cyber .

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The key recent developments of security advisory services developers are as follows:

• In July 2022, Deloitte announced the expansion of its Managed Extended Detection and Response Platform (MXDR) by adding four new modules for dynamic opponent intelligence, mobile device security, threat hunting, and digital risk prevention. The platform also includes enhanced cybersecurity industry intelligence. The new MXDR expansion will help organizations to take defensive actions against cyber-attacks.
• In June 2022, DXC Technologies announced new advisory service for Australian State Government agencies. The new service will help the government to maximize value and efficiency from Oracle technology and provide better techniques and advice across process and technology.
• In June 2021, CISCO announced its CX Business Critical Services for Cloud in ‘Future Cloud event’. The CX Business Critical Services for Cloud provide advisory services and knowledge to design, implement, secure and maximize digital changes.
• In January 2020, CISCO launched Cisco Cyber Vision an advanced threat detection powered by Cisco Talos. Cisco Cyber Vision can detect and deliver in-the-moment monitoring of cyber security risks to industrial processes and assets that have an impact on uptime, output and safety.
• In November 2019, DXC Technology announced the acquisition of Virtual Clarity, a provider of IT-as-a-service transformation advisory services company. The acquisition will help DXC Technology’s ability to assess, manage and design transformations to cloud.
• In June 2019, DXC Technology announced the opening of the DXC innovation Centre in London. The innovation centre will help company to develop and deliver high efficient solutions to the clients.
• In April 2019, DXC Technology launched the operation of its Next Generation Security Operation centre in Malaysia to encounter cybersecurity threat in Asia. The new security operation centre helps to enhance the overall security of enterprises by joining the advanced security analytics throughout the information technology and operation technology to provide better visibility and enhanced response to possible cyber-attacks and threats.

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Key Segments Covered In Security Advisory Services Industry Survey

Security Advisory Services Market by Service Type:

• Penetration Testing
• Vulnerability Management
• Security Risk Management
• Incident Response
• Compliance Management
• Security Program Management
• CISO Advisory and Support

Security Advisory Services Market by Organization Size:

• SMEs
• Large Enterprises

Security Advisory Services Market by Vertical:

• BFSI
• Government and Public Sector
• IT and Telecom
• Healthcare
• Energy and Power
• Manufacturing
• Others

Security Advisory Services Market by Region:

• North America Security Advisory Services Market
• Latin America Security Advisory Services Market
• Europe Security Advisory Services Market
• Asia Pacific Security Advisory Services Market
• Middle East & Africa Security Advisory Services Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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The Global Automated Fingerprint Identification System Market was valued at US$ 10.3 Bn in 2021 and is expected to reach US$ 85 Bn by 2032, finds Future Market Insights in a recent market survey. As per the findings of the report, it is projected that revenue through the Software segment in the Automated Fingerprint Identification System Market will grow at 21% CAGR during the forecast period.

The fingerprint pattern-matching algorithm of software enables it to run significantly faster and more accurate searches of prints held in databases for research purposes in real-time at organizations like the FBI, CBI, and DAE. Traxler asserts that whereas the older Automated Fingerprint Identification System was only about 92.0% accurate in matching fingerprint patterns, the more recent Automated Fingerprint Identification System has been benchmarked for at least 99.0% accuracy. The sophisticated Automated Fingerprint Identification System is now in use at important institutions around the world.

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North America will see continued revenue growth in the Automated Fingerprint Identification System Market throughout the Analysis Period

In terms of revenue, North America dominated the Automated Fingerprint Identification System (AFIS) market. This trend is anticipated to continue throughout the projection period due to the early adoption of the technology and the presence of prominent Automated Fingerprint Identification System manufacturers in the area.

The market is also anticipated to expand as a result of increased usage in the BFSI, retail, and educational sectors. The market for AFIS technology for criminal identification in North America is being driven by organizations like the Federal Bureau of Prisons, U.S. Customs and Border Protection (CBP), and the Federal Bureau of Investigation (FBI), among others.

Automated Fingerprint Identification System Market: Competition Insights

Automated Fingerprint Identification System manufacturing companies are largely aiming for mergers/partnerships and launching new products that cater to different domains. The key companies operating in the Automated Fingerprint Identification System Market  Include Biometrics4ALL Inc., Suprema, Gemalto NV, Crossmatch (HID Global), DERMALOG Identification Systems GmbH, among others.

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Some of the recent developments by key providers of the Automated Fingerprint Identification System Market are as follows:

• In May 2022, According to NRK, Norway aims to replace the digital ID authentication platform BankID with new apps that will require users to log in and access banking services online using face or fingerprint biometrics, as well as passwords or PINs in some situations.
• In May 2022, Fingerprint Cards, a leading biometrics company announced a partnership with Transcorp and Mswipe to bring contactless biometric payment cards to India.
• In March 2022, Suprema launched a new generation of access control products that focuses heavily on contactless solutions. The star of Suprema’s exhibit was BioStation 3, an all-in-one access control solution that provides multiple credential options from facial recognition and mobile access to QR codes, barcodes, and RFID cards. BioStation 3 will be released in the second half of the year.
• In November 2021 – Suprema, announced the successful integration of its biometric access control products with Genetec Security Center, a unified security platform that connects security systems, sensors, and data in a single intuitive interface.
• In November 2019, FingerID announced the launch of an artificial intelligence-enabled automated fingerprint identification system (AFIS) which provides accurate results in investigating criminals and fingerprint identification in immigration services.

Similarly, recent developments related to companies providing services for Automated Fingerprint Identification System Market have been tracked by the team at Future Market Insights, which is available in the full report.

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Key Segments Covered in Automated Fingerprint Identification System Market Survey

Automated Fingerprint Identification System Market by Component:

• Hardware
• Software
• Services

Automated Fingerprint Identification System Market by End-use:

• Banking & Finance
• Consumer Electronics
• Defence & Security
• Government
• Healthcare
• Transport/Logistics
• Others

Automated Fingerprint Identification System Market by Region:

• North America Automated Fingerprint Identification System Market
• Latin America Automated Fingerprint Identification System Market
• Europe Automated Fingerprint Identification System Market
• Asia Pacific Automated Fingerprint Identification System Market

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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According to estimates, the global market for attribution software is valued about US$ 1.1 billion. The market for attribution software is predicted to grow at a projected CAGR of 28.8% between 2022 and 2032, reaching a value of nearly US$ 18.5 billion by the end of that year. The Attribution Software Market expanded by 37.3% from 2015 to 2021.

Shift in Consumer Behaviour to Augment the Demand for Attribution Software

Businesses are investing more money on attribution software due to the growing trend of personalized marketing as a way to enhance the customer experience. Additionally, the software offers firms a number of benefits, including the ability to control marketing budget and measure the effectiveness of marketing channels and campaigns.

Moreover, the growing acceptance of Artificial Intelligence (AI), Big Data, and marketing platforms that cater to end users are critical reasons for the industry’s growth prospects.

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The US Continues to dominate the market for Attribution Software

Attribution Software market in the US to reach a valuation of US$ 6.6 Bn   by 2032. From 2015 to 2021, the market revenue through the US grew at a CAGR of 36.9%, while between 2022 and 2032, it is predicted to witness a CAGR of 28.6%. According to a 2018 study, over 85% of US companies with at least 100 employees are using attribution software.

Over 85% of American businesses with at least 100 employees, according to a survey, use attribution software. The survey also sates, approximately 88% of businesses are expected to use the software in the upcoming future, and the uses of attribution software solutions is expected to rise. Between 2022 and 2032, the US is expected to be a market with a US$ 6.1 Bn absolute dollar opportunity.

Attribution Software Market: Competition Insights

The market for attribution software is highly competitive. To hold a prominent place in the market many companies are adapting numerous growth strategies like mergers, acquisitions, partnerships, and collaborations.

The key Attribution Software companies are Adobe, Oracle, Google, SAP, Visual IQ, Analytic Partners, Attribution, Calibermind, Engagio, Fospha, IRI, LeadsRx, Leandata, Marketing Attribution, Merkle, Neustar, Optimine, Rockerbox, Singular, Wizaly, The Nielsen Company, LLC, Bizible, IBM, Kvantum, Full Circle Insights, and Roivenue.

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Some of the recent developments by the key market players in the Attribution Software Market are:

• In July 2019, The Nielsen Company has announced a strategic partnership with Quotient Technology through which Quotient’s omni-channel purchase intelligence will be combined into Nielsen’s audience and performance measurement, enabling clients to take advantage of the newest developments in data-driven marketing.
• In June 2022, Wynta, a Singapore-based software company, and SCCG Management’s founder and CEO, Stephen Crystal, have partnered to distribute Wynta’s tracking and attribution software throughout the North American gaming industry.
• In February 2019, An Engagement Minute Attribution for Dash, an account-based attribution solution, was introduced by Engagio, a key market player in marketing attribution software. It has been introduced as the first engagement-based attribution method that can assess the combined impact of marketing and sales efforts.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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The Global Antenna, Transducer, and Radome Market was valued at US$ 10.2 Bn in 2021 and is expected to reach US$ 30.1 Bn by 2032, finds Future Market Insights in a recent market survey. As per the findings of the report, it is projected that revenue through the Commercial segment in the Antenna, Transducer, and Radome Market will grow at 10.2% CAGR during the forecast period.

In many commercial applications, antenna, transducer, and radome are utilized together. Around 90% of companies use RFID tracking systems technology to track products in global e-commerce because it is less expensive, more flexible, and easier to install than wired competitors. It also provides superior security.

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The use of these antennas in satellite communication and autonomous vehicles, which connect remote and inaccessible locations with the simplicity of network planning. This is owing to wireless software setting of frequency and power, which propels the market. As a result, the commercial end-use generates the highest revenue in the antenna, transducer, and radome market.

For Artificial Intelligence in the Cybersecurity Market: Competition Insights

At present, Antenna, Transducer, and Radome Market manufacturers are largely setting up Joint ventures/mergers for the development of innovative products. The key companies operating in the Antenna, Transducer, and Radome Market include AeroVironment Inc., Airbus S.A.S., Azimut Yachts, BAE Systems PLC, Ball Aerospace & Technologies Corp., Cobham PLC, General Dynamics, Honeywell International Inc., HR Smith Group of Companies, Iridium Communications Inc., L3 Technologies, Leonardo S.p.A, Lockheed Martin, Northrop Grumman, Orolia SA, Qinetiq Group PLC, Raytheon Technologies, Stt-systemtechnik GmbH, Thales S.A., The Boeing Company, Astronics Corporation, Finmeccanica SpA, and Exelixis Inc.

Some of the recent developments by key providers of the Antenna, Transducer, and Radome Market are as follows:

• In June 2021, European Alliance for Deep Space antennas partnered with European Space Agency to provide technical assistance for deep antenna installation at Norcia station in Australia. This next-generation 35-meter antenna helps improve the communication capability of ESA in Ka, X, and K bands.
• In May 2021, BlueHalo was awarded a three-year contract by the U.S. Air Force’s Research laboratory of amount US$ 5.9 Mn for the development of antenna technologies for command and tracking operations.
• In April 2021, Smiths Interconnect and Mitsubishi Electric Corporation to co-develop an antenna system based on a G-band satellite for the japan government space agency. According to the contract, the company will develop and design the component for the next-generation microwave scanning radiometer 3 (AMSR3) based on a dual-band antenna.
• In March 2021, the United States government to jointly develop an advanced antenna technology solution for hypersonic applications with CAES.

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Key Segments Covered in Antenna, Transducer, and Radome Market Survey

Antenna, Transducer, and Radome Market by Product:

• Antenna & Transducers
  • Parabolic Reflector Antenna
  • Flat Plane Antennas
  • Others
• Radome
  • Sandwich
  • Solid Laminate
  • Dielectric Space Frame
  • Metal Space Frame

Antenna, Transducer, and Radome Market by Platform:

• Ground
  • Telecom Towers
  • Ground Vehicles
  • Air Traffic Control
  • Command Centers
• Naval
  • Commercial Vessels
  • Military Vessels
  • Commercial Aircraft
  • Bussiness & General Aviation
  • Military Aircraft
  • Unmanned Arial Vehicles
  • Evtols

Antenna, Transducer, and Radome Market by End-user:

• Commercial
• Defense

Antenna, Transducer, and Radome Market by Frequency:

• HF/VHF/UHF-band
• L-band
• S-band
• C-band
• X-band
• Ku-band
• Ka-band
• Multi-band

Antenna, Transducer, and Radome Market by Application:

• Communication
• Navigation & Surveillance

Antenna, Transducer, and Radome Market by Region:

• North America Antenna, Transducer, and Radome Market
• Latin America Antenna, Transducer, and Radome Market
• Europe Antenna, Transducer, and Radome Market
• Asia Pacific Antenna, Transducer, and Radome Market

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

Contact Us:        
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Unit No: 1602-006
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