Market Research Blog

As per a recent analysis by Future Market Insights (FMI), the global SOC-as-a-Service market is projected to total US$ 1.08 Bn in 2021. Expanding at 24.3% CAGR, total revenue is anticipated to reach US$ 9.5 Bn by 2031.

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global SOC-as-a-Service Market: Global Industry Analysis, Forecast. Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

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Rising incidence of data breach and cyber-attacks in small, medium, and large scale enterprises across the globe is spurring the demand for effective SOC-as-a-Service solutions. Prevalence of remote work culture due to worldwide lockdown restrictions is resulting in high risk for cybercrimes and phishing.

Key Points Covered in SOC-as-a-Service Market Survey

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on SOC-as-a-Service and how to Navigate
• Recommendation on Key Winning Strategies

Competitive Landscape

Companies operating in the SOC-as-a-Service market are aiming at product innovation and strategic partnerships with other manufacturers to expand their product portfolios to  address the demand from an expanding customer pool. Fos instance:

• In December 2020, Alert Logic, Inc. launched automated response solution for Amazon Web Services (AWS) environments. Alert Logic MDR SOAR delivers pre-built and customized playbooks ensure security teams to protect organizations from threats.

• In December 2019, Fortinet, Inc. acquired CyberSponse. This acquisition helps the company to improve security orchestration, automation, and response addition to Fortier. Also it empowers security operations teams to achieve higher efficiencies and accelerate incident response.

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Queries Solved

• What is the size of the overall SOC-as-a-Service Market in the Technology Industry and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges of the SOC-as-a-Service Market in the Technology Industry, and how they are expected to impact the market?
• What is the SOC-as-a-Service Market in the Technology Industry size at the regional and country-level?
• What are the key market players focusing on?
• What are the strategies for growth adopted by the key players in SOC-as-a-Service Market in the Technology Industry?

Segmentation

The SOC-as-a-Service market is segmented into application, form, end use industry, source and geography.

According to newly FIDO authentication industry analysis by Future Market Insights (FMI), the demand registered in the market will increase at a CAGR of 22.8% from 2021-2031.

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:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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According to newly released data on composable-disaggregated infrastructure industry analysis by Future Market Insights (FMI), the demand will increase at a CAGR of 26.3% during 2021-2031.

The report also forecasts the market to surpass a valuation of ~US$ 2.2 Bn by the end of 2021. As per FMI, rapid technological advancements in the data center industry have created growth prospects for composable/disaggregated infrastructure implementation.

Various data center manufacturers are establishing their offices or targeting on increasing the sales of their products in various countries. Owing to the presence of a large unaddressed customer base and high growth opportunities, key players with an intention of expanding their business in terms of value are strengthening their presence in the region.

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“Software defined infrastructure is becoming leading option for enterprises that want to invest in cost-effective, simplified IT management and eliminate platform silos in the datacenter. Thereby composable disaggregated infrastructure is going to be the top choice for enterprises as it helps to allocate the exact compute, storage or memory resources needed in any situation and also helps in increasing agility” says FMI analyst.  

Key Takeaways of Composable/Disaggregated Infrastructure Market

• By component segment, the disaggregated hardware is anticipated to account for the leading share in the global Composable/disaggregated infrastructure demand during the forecast period. The segment is estimated to grow at a robust CAGR of 27.0% through 2031.
• composable/disaggregated infrastructure sales forecast during the forecast period.
• The U.S. is expected to lead the market followed by the U.K. and Germany in 2021.
• Australia and New Zealand are anticipated to emerge as the fastest growing region between 2021 & 2031.
• The market in India is expected to progress at a CAGR of 36.8% through 2031.
• In the GCC Countries, sales are expected to increase at a CAGR of close to 33% over the next ten years.

COVID-19 Impact Analysis on Composable/Disaggregated Infrastructure Market

The health concerns are increasing around the world and causing significant business impact due to the on-going COVID-19 pandemic particularly when it comes to delivering data. IT operations associated with data centers got drastically disrupted during this pandemic.

Physically moving servers, closing buildings and opening a new space, is massively more complicated in the Covid-19 world. However, the pandemic has forced the organizations to adopt digitalization, as there is increasing demand for remote working calls for increasing mobilization of cloud computing to cope with increasing demand for data.

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Hence, the pandemic has accelerated the digital transformation and understood the value and role of data centers in the face of global disruptions.  Countries have experienced exponential growth in data demand.

This pandemic has underscored the importance of digital technology and data centers and has increased the adoption of servers during the pandemic. It is also expected to witness significant growth during and post-pandemic era.

Deployment of 5G Network Will Generate Demand for Composable Solution

5G plays vital role in improving the economic growth and several countries are planning to adopt 5G technologies for transforming their existing business processes. Increasing implementation of 5G network across the globe will increase the demand for composable solution.

Fifth-generation (5G) cellular network technology is not only limited to provide speedier content downloads, but it is capable to transform the way people conduct their day-to-day activities and business from the Internet of Things (IoT) to Artificial Intelligence (AI).

This is due to the increased power and processing requirements of 5G infrastructure which will create the need for highly efficient and reliable power systems that can tolerate heavy loads. The modular and highly efficient composable solution can perfectly fulfill this need of the 5G technology.

More Valuable Insights on Composable/Disaggregated Infrastructure Market

FMI’s report on the composable/disaggregated infrastructure industry research is segmented into four major sections – component (disaggregated hardware, composable software, services), enterprise size (small and medium enterprises (SMEs) and large enterprises), end user (cloud providers, colocation provider, enterprises), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the composable/disaggregated infrastructure demand outlook.

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Key Companies Profiled:

• Hewlett Packard Enterprise
• Cisco Systems Inc.
• Dell EMC
• Ericsson
• DriveScale, Inc. (Twitter)
• Wiwynn

Composable-Disaggregated Infrastructure Outlook by Category

By Component:

• Disaggregated Hardware
• Composable Software
• Services

By End Users:

• Cloud Providers
• Colocation Providers
• Enterprises

By Enterprise Size:

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

Related Links –

https://www.homify.co.uk/ideabooks/8983498/optical-transport-network-market-size-growth-analysis-report-forecast-2022-2032

https://kgn.tribe.so/post/optical-transport-network-market-size-top-key-players-latest-trends-regiona–6310a98fd5375dfcc36cc65c

https://domain.tribe.so/post/optical-transport-network-market-in-depth-analysis-growth-strategies-and-co–6310a99196673e7bc49d8c3e

https://careero.mn.co/posts/26580549

https://thegameoflife-de.mn.co/posts/26580512

About Us

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:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

The global magnetic drive pump sales are projected to top US$ 807.9 Mn in 2021, as per ESOMAR-certified research and consulting firm Future Market Insights (FMI). With steady growth outlook, the market is poised to register CAGR at nearly 5.3% during 2021-2031.

The COVID-19 outbreak reduced demand for global magnetic drive pumps in 2020. The market’s long-term outlook is expected to remain positive as the construction industry recovers. The expansion of the construction and mining industries is expected to increase demand for heavy machinery and equipment, resulting in higher magnetic drive pump market sales. According to FMI, increasing application in the construction and mining industries will continue to grow in China, India, and Indonesia.

According to FMI’s analysis, rapid adoption of technologically advanced equipment and machinery, as well as increased application for water treatment activities, will boost sales. Because of the aforementioned factors, the market is expected to exceed US$ 1.35 billion by 2031.

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Key Takeaways:

In terms of pump type, the centrifugal pumps segment is projected to hold 52.6% of the total magnetic drive pump market share.
Applications of magnetic drive pumps are anticipated to continue rising in the water treatment and mining sector, accounting for 15.6% and 13.3%, respectively.
Stainless steel is expected to remain the most-preferred casing material for magnetic drive pump services
China is anticipated to emerge as an attractive market, capturing 40.2% of the East Asia magnetic drive pump market share.
Germany is projected to lead the Europe’s magnetic drive pump market, growing at a 5.1% CAGR.
India will continue experiencing high demand for magnetic drive pumps, capturing 31.8% of the South Asia Pacific market share.
Japan and South Korea will collectively account for 8% of the global market share.

“Integration of advanced technology due to focus on automation in construction and mining industries is pushing the sales of advanced magnetic drive pumps. CAPEX investments and increase in water treatment projects also are expected to provide lucrative opportunities for the magnetic drive pump market. Steered by this, some of the leading OEMs are investing in strategic alliances, partnerships and product innovations to gain competitive advantage in the global market. These partnerships will allow companies to improve their production capacity and strengthen their technical expertise,” says FMI analyst.

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Competitive Landscape

The market is expected to be primarily consolidated, with key players accounting for more than half of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares.

Some of the key players in the market are

Ebara Corporation, Flowserve Corporation, Kirloskar Brothers Limited, ITT Goulds Pumps Inc., Iwaki Co Ltd., Klaus Union, March Manufacturing, Ruhrpumpen Inc., Sundyne LLC, Xylem Inc., PRECISION ENGINEERING CO., Grosvenor Worldwide Private Limited, GCA Energy, Magnatex Pumps, Inc., Grundfos Pumps Corporation, TEIKOKU ELECTRIC MFG. CO., LTD., ELEPON E.C.A.P. Corporation, NIKKISO EIKO Co., Ltd., etc.

Read More:

https://www.click4r.com/posts/g/5807370/positive-displacement-pump-market-current-and-future-trends-leading-players-industry-segments-and-regional-forecast-by-2031-says-fmi-analyst

http://community.getvideostream.com/topic/74528/positive-displacement-pump-market-2021-2031-global-analysis-size-share-incredible-growth-detailed-industry-analysis-and-business-prospects-fmi

https://linkgeanie.com/news/positive-displacement-pump-market-2022-outlook–current-and-future-industry-landscape-analysis-2031

https://descubre.beqbe.com/positive-displacement-pump-market-2022-d

https://www.launchora.com/story/positive-displacement-pump-market-set-for-a-massiv

According to newly AI in fraud management industry analysis by Future Market Insights (FMI), the demand registered in the market will increase at a CAGR of 18.0% from 2021-2031.

The report also forecasts that the market will surpass a valuation of ~US$ 7.5 Bn by the end of 2021. As per FMI, rapid technological advancements in the IT & telecom industry have created prospects for AI in fraud management implementation. These technologies have become essential in improving economic competitiveness, thereby propelling the market growth.

AI in fraud management solutions can be utilized to detect and prevent fraud in real-time applications. AI capabilities help data scientists to determine which transactions are probably to be fake, while considerably reducing false positives.

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Key Takeaways: AI in Fraud Management Market

• By solution segment, the AI-powered fraud prevention software is anticipated to account for the leading share in the global demand for AI in fraud management during the forecast period. The segment estimated to grow at a robust CAGR of 18.6% through 2031.
• The demand for AI in fraud management in small and medium enterprises (SMEs) is expected to rise at maximum pace as these organizations continue adopting AI in fraud management and cloud based solutions for better ROI.
• Demand for AI in fraud management in IT & Telecom and BFSI sector is estimated to grow at impressive CAGR. Of these, BFSI industry is expected to account for leading share in AI in fraud management sales forecast during the forecast period.
• North America is expected to lead the market followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
• The market in Japan is expected to progress at a CAGR of 20% through 2031.
• In the U.K., sales are expected to increase at a CAGR of close to 21% over the next ten years.

COVID-19 Impact Analysis on AI in Fraud Management Market

The COVID-19 pandemic outbreak has disrupted many industries, including the AI in fraud management industry. The COVID-19 pandemic is fueling the need for increased businesses towards online, and e-commerce therefore digital fraud has spiked.

E-commerce fraud has considerably increased as COVID-19 continues to force retailers to take stores online to increase their sales and meet customers demand. For instance, at the initial stage of the coronavirus pandemic in the U.S., AI-based fraud management vendor Fraud.net saw a 40% surge in online retail fraud attempts.

AI in the fraud management market is expected to grow by 2.0X from 2020-2021 and would see a surge in demand amid the COVID-19 outbreak, as cloud-based AI fraud prevention becomes the new norm.

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Advanced Analytics to Emerge as a New Trend

Some of the major providers are already taking advantage of advanced analytics to enhance their fraud detection toolkit. That might involve drawing on alternative data sources – such as purchasing history, tracking social media activities, and phone usage data – or using information about a customer’s device type and location to validate the authenticity of a transaction. But across the payments sector as a whole, the use of advanced analytics is still at its infancy stage.

More Valuable Insights on AI in Fraud Management Market

FMI’s report on the AI in fraud management industry research is segmented into four major sections – solution (AI-powered fraud prevention software and services (professional and managed), application (identity theft protection, payment fraud prevention, anti-money laundering, and others), enterprise size (small and medium enterprises (SMEs) and large enterprises), industry (IT & telecom, BFSI, retail & CPG, healthcare, education, government, media & entertainment, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the AI in fraud management demand outlook.

Related Links –

https://www.homify.co.uk/ideabooks/8983498/optical-transport-network-market-size-growth-analysis-report-forecast-2022-2032

https://kgn.tribe.so/post/optical-transport-network-market-size-top-key-players-latest-trends-regiona–6310a98fd5375dfcc36cc65c

https://domain.tribe.so/post/optical-transport-network-market-in-depth-analysis-growth-strategies-and-co–6310a99196673e7bc49d8c3e

https://careero.mn.co/posts/26580549

https://thegameoflife-de.mn.co/posts/26580512

About Us

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:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

The global business analytics BPO services market revenue is forecast to register 12.6% year-on-year growth in 2021 backed by rapid advancements in telecom and IT industry. Future Market Insights (FMI) has forecast the market to surpass valuation of US$ 22.9 Bn at a compound annual growth rate (CAGR) of 13.9% by the end of 2031.

Organizations are emphasizing on optimizing their business operations by leveraging the potential of enterprise data generated through cloud based applications and social media networking. Effective utilization and transformation of the data will assist the enterprises in gaining more customers, improve market shares and lead to long term productivity.

Business analytic services are implemented to help organizations reduce their operational cost, improve business operations, and make informed business decisions on the basis of trends generated after analysis of discrete data.

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However COVID-19 pandemic had a negative impact on the market with small business taking the hardest hit. They are switching towards business analytics to restore their business continuity and manage their marketing and finances in these unprecedented times. These factors are expected to drive the sales of business analytics post COVID.

Key Takeaways

• The U.S. is predicted to account for around 86% of the North America market by 2031, supported by the presence of leading market players and increasing outsourcing to emerging countries from BFSI, retail, telecommunication and healthcare sector.
• Business analytics BPO services market in India is forecast to grow at more than 26% CAGR over the forecast period backed by rapid industrialization and emergence of multiple start-ups in the country.
• Rising digitalization in small and medium enterprises and incorporation of advanced technical solutions in business processes will drive the sales of business analytics BPO services in U.K. reaching the valuation of US$ 256.9 million by the end of 2021.
• Increasing demand of business analytics BPO services by small and medium enterprises to acquire and retain customers will drive the market growth in upcoming years.
• Demand for data analytics & visualization services are estimated to grow at a robust CAGR of 18.6% through 2031.
• Increasing demand for analytics in financial sector will help the BSFI sector to register remarkable CAGR of 17.6% over the assessment period.

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Competitive Landscape

IBM Corporation, Accenture, Wipro Limited, Capgemini, and Infosys Limited, among others are the leading market players operating this market. FMI states that, they account for more than 60% share in global business analytics BPO services market.

Market players are looking to enter new various developing economies by forming an alliance with regional distributors. They are also focusing on collaborating with regional players to promote innovation and product development along with solidifying their global distribution network.

For instance,

• Wipro Ltd. recently joined hands with IBM Corporation to design and develop hybrid cloud computing system to assist business manage, migrate and transform mission-critical workloads and applications in IT environments.
• Accenture PLC completed the acquisition of a data and machine learning business Mudano in February 2020. The acquisition allowed Accenture to upgrade its data transformation and analytics services for financial enterprises in the U.K.

Some of the leading companies operating in the business analytics BPO services market are:

• IBM Corporation
• Accenture
• Wipro Limited
• Capgemini
• Infosys Limited
• Tata Consultancy Services (TCS)
• HCL Technologies
• Cognizant
• Tech Mahindra Limited

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More Insights on the Global Business Analytics BPO services Market

Future Market Insights, in its new offering, provides an unbiased analysis of the business analytics BPO services market, presenting historical demand data and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the business analytics BPO services market with a detailed segmentation on the basis of

By Services:

• Data Analytics & Visualization Services
• Risk Analytics Services
• Marketing & Sales Analytics Services
• Supply Chain Analytics Services
• Financial Analytics Services
• Others

By Enterprise Size:

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Industry:

• BFSI
• Manufacturing
• Retail
• IT & Telecom
• Government
• Healthcare
• Travel & Hospitality
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

 Key Questions Covered in the Report

• The market survey also highlights projected sales growth for business analytics BPO services market between 2021 and 2031
• The report offers insight into business analytics BPO services demand outlook for 2021-2031
• Business analytics BPO services market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
• Business analytics BPO services market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

Related Links –

https://stemfemmes.mn.co/posts/optical-transport-network-market-share-global-industry-size-growth-swot-analysis-top-companies-competitor-landscape-regional-outlook-2022-2032-26580265

https://synkretic.mn.co/posts/optical-transport-network-market-growth-covid-impact-trends-analysis-report-forecast-to-2022-2032-26580268

https://wecanchat.mn.co/posts/optical-transport-network-market-size-share-trends-analysis-research-during-the-ongoing-covid-19-and-research-methodology-by-forecast-to-2022-2032-26580272

https://network-759413.mn.co/posts/26580546

https://shangwich.mn.co/posts/26580547

About Us

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:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

The global fiber optic gyroscope market demand outlook remains positive, as FMI forecasts its valuation to surpass US$ 1,413 million by the end of 2021.

Owing to increasing application in military & defense and automotive industries, the market for fiber optic gyroscope is expected to grow at a CAGR of 8.3% over the forecast period 2021 to 2031 in comparison to CAGR 6.8% registered between 2016 and 2020.

The emergence of autonomous vehicles is one of the primary factors fueling the demand for fiber optic gyroscopes. According to KVH, the inertial measurement units (IMUs), which combines fiber optic gyroscopes with accelerometer components provide highly accurate acceleration data and angular rate to track the exact position of the car.

Increasing usage of fiber optic gyroscopes for ground detection, missiles flight control, and dynamic GPS tracking in military applications will create growth opportunities. Coupled with this, the rising demand for better navigation and stabilization platforms in aerospace, battlefield, and undersea environments is estimated to drive growth at around 7.4% in the military and defense domain, as per a study by FMI.

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Key Takeaways from Fiber Optic Gyroscope Market Study

• In North America, the U.S. is expected to dominate the market, accounting for a market share of over 82% in the region through 2031.
• Owing to increasing adoption of advanced technologies in defense sector, the market in the U.K. is estimated to grow at a CAGR of 12% over the forecast period.
• India is likely to account for above 54% of the market share in South Asia and Pacific, growing at a CAGR of 13.5% by 2031.
• Based on sensing axis, 3-Axis will emerge dominant, accounting for a market share of over 42.5% by the end of 2031.
• Inertial navigation systems are anticipated to contribute a revenue share of around 44.5% in the global market through 2021.

Key Drivers

• Increasing application in the military and defense sector is fueling the demand for fiber optic gyroscopes.
• Surging demand for autonomous vehicles is spurring the sales of fiber optic gyroscopes.
• Rising adoption of automation in industries and homes is driving the growth of the market.

Key Restraints

• Fragile nature of the fiber optic gyroscope is a factor impeding the growth of the market.
• Repeated need to calibrate the fiber optic gyroscope is hampering the market demand.
• Mitigation in the accuracy of fiber optic gyroscopes due to vibration is negatively affecting the sales of the product.

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Competitive Landscape

Companies operating in the fiber optic gyroscope market are focusing on developing innovative products and forging strategic partnerships with other manufacturers to expand their production and increase the market share.

• FIBERPRO, a South Korea-based company, launched its new Fiber Optics based Single Axis Gyroscope named, FI 150 in June 2020. The product is able to stabilize the specific attitude of a moving system which can be used in weapons systems, cameras, telescopes, and many more.
• In June 2020, KVH industries, announced a launch of P-1775 Inertial Measurement Unit (IMU) featuring its new Inside Photonic Integrated Chip (PIC) technology. The technology that upgrades the inertial sensor performance and reliability for the growing autonomous market.

Some of the key players operating in the fiber optic gyroscope market profiled by FMI are:

• KVH Industries, Inc.
• EMCORE Corporation
• FIBERPRO, Inc.
• Saab
• Honeywell
• Tamagawa Seiki Co., Ltd.
• Optolink
• NedAero Components B.V
• iXblue
• Fizoptika

For any Queries Linked with the Report, Ask an Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-7007

More Insights on the Fiber Optic Gyroscope Market:

FMI provides an unbiased analysis of the fiber optic gyroscope market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global fiber optic gyroscope market with a detailed segmentation on the basis of:

By Sensing Axis:

• 1-Axis
• 2-Axis
• 3-Axis

By Device:

• Fiber Optics Gyrocompass
• Inertial Measurement Units (IMUs)
• Inertial Navigation Systems
• Others

By Application:

• Aeronautics and Aviation
• Robotics
• Remotely Operated Vehicle Guidance

• Military & Defense
• Industrial
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

Related Links –

https://medium.com/@sagargunjal889/world-optical-transport-network-market-share-by-2022-2032-upcoming-trends-and-analysis-6abb442a9515

https://future-market-insig.tribeplatform.com/general/post/optical-transport-network-market-comprehensive-shares-historical-THWTfavIogeBLW1

https://beranda.mn.co/posts/optical-transport-network-market-increasing-demand-for-efficient-management-practices-report-forecast-to-2022-2032

https://faceblox.mn.co/posts/26580506

https://drujrake.mn.co/posts/26580507

About Us

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:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Increasing adoption of acoustic wave filters in smartphones for antenna routing and tuning for 5G applications is expected to propel demand in the long term.  According to a recent report by Future Market Insights, the acoustic wave filters market is estimated to register a CAGR of 10.6% during the forecast period of 2021-2031, driven largely by demand for SAW filters. The market will reach US$ 4.5 Bn by 2021.

The worldwide hardware security module (HSM) market income added up to US$ 1.2 Bn in 2021. The market is supposed to arrive at US$ 6.6 Bn by 2032, showing development at a 16.2% CAGR somewhere in the range of 2022 and 2032.

A hardware security module is also referred to as Secure Application Module (SAM), Personal Computer Security Module (PCSM), Tamper Resistance Security Module (TRSM), Secure Signature Creation Device (SSCD), hardware cryptographic device, or cryptographic module.

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Security Applications Spreading Roots Fast, in the IoT Space

The rising adoption of next-generation security solutions, which is a remarkable trend in the market, aids in improving the products as well as the operational efficiency of enterprises. Existing security solutions are evolving towards context-aware computing technology, which enables enterprises to detect advanced threats in a drastically changing environment. This factor is expected to create potential opportunities in the global cyber security market over the forecast period.

Enterprises are progressively implementing Internet of Things (IoT)-based solutions. IoT solution providers are integrating cyber security solutions to reduce cyber-attacks on connected devices to identify threats and to resolve susceptibilities before launching their products in the market. With growing applications of security solutions in the IoT space, the demand for hardware security modules is expected to rise significantly over the next few years.

Key Vendors Prioritize Competitive Pricing to Assure Security of Enterprise Ecosystem

Manufacturers are currently offering hardware security module systems that have the means to securely back up the keys that they handle in a wrapped form. Other hardware security modules back up keys via the operating system of computers or by using a smart card or some other externally usable security token.

Hardware security modules can make an organization achieve peak security standards for applications ranging from key management to data encryption and authentication. Hardware security modules play a vital role in an enterprise’s security ecosystem.

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However, the cost-per-unit factor of hardware security modules is significantly higher than their software-based counterparts. Moreover, Hardware Security Module-as-a-Service (HSMaaS) solutions offered by some vendors in the market are expensive. Though hardware security modules offer reliable security, cost is a major factor to be taken care of to capture the market as well as achieve market growth.

Several hardware security module vendors are making efforts to make hardware security module services available at reduced costs by means of cloudHSM. However, the incorporation of cloud in critical applications, such as key management and key storage, through HSM induces problems common to cloud infrastructures. As a result, cloud hardware security module services are still expensive and are required to be further enhanced.

SMEs have been known to ignore cyber threats. Such enterprises consider cyber security solutions as a non-priority investment, which is why several start-ups and SMEs incur high losses following ransomware attacks.

National governments across the globe have also started taking initiatives to improve their ICT infrastructure to facilitate digitisation in their respective economies. A major part of the ICT investment is diverted towards cyber security.

Some of the key players in the global hardware security module market research report include Gemalto NV; Thales E-Security Inc.; Utimaco GmbH; IBM Corporation; Futurex; Hewlett Packard Enterprise Company; ATOS SE; Yubico; Ultra Electronics; Swift; Ledger; and Spyrus, Inc.

Competitive landscape

Many key players in hardware security module market are focusing on investing heavily on innovation, research, and development practices to offer different solution for various industry applications. For enhancing the presence, customer base and solution offering market players are undergoing various strategies such as partnerships, collaborations and acquisitions.

• For instance, in November 2018, Utimaco GmbH acquired Atalla Hardware Security Module (HSM) and Enterprise Secure Key Manager (ESKM) product lines from Micro Focus International plc. This acquisition strengthened Utimaco’s position in the payment and banking industry as banks and financial services look to embrace innovative and secure solutions.
• Also, in November 2018, Yubico announced a new open-source hardware security module, i.e. the YubiHSM 2 Software Development Kit (SDK), which is available for developers and engineers to easily implement the YubiHSM 2 for an unlimited number of use cases.

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Hardware Security Module Market Outlook By Category

By Type:

• LAN-Based HSM/Network-Attached HSM
• PCIe-Based/Embedded Plugins HSM
• USB-Based/Portable HSM

By Applications:

• Payment Processing
• Code and Document Signing
• Secure Sockets Layer (SSL) and Transport Layer Security (TLS)
• Authentication
• Database Encryption
• PKI or Credential Management
• Application-Level Encryption

By Industry Vertical:

• BFSI
• Discrete Manufacturing
• Process Manufacturing
• Media
• Professional Services
• Retail
• Healthcare
• Energy & Utility
• Others

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA

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