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Rapid growth in the economy, necessitating increasing expenditure on the national and infrastructural security, will continue to push deployment of reliable and advanced technology enabled security screening systems. While FMI’s analysis identifies an impressive rate of adoption within emerging economies, China, India, and Russia are more likely to be at the forefront of this growth, in the security screening market.

The approximately US$ 7.8 billion market for security screening is highly likely to approach the revenues worth US$ 10 billion in the next two years. As indicated by a newly launched research report by Future Market Insights (FMI), more than half of the total demand for security screening is being accounted by the developed regional markets. East Asia however is cited as the most lucrative market for investors in security screening systems and solutions.

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Airports Generate Maximum Demand for Security Screening, Explosive Trace Detectors Bestselling

Over 2/5^th of the global security screening demand is accounted by airports, which will remain the dominant application area for security screening systems manufacturers and suppliers. As government buildings are highly vulnerable owing to the voluminous sensitive information that they procure, public recreation areas such as malls are also cited as the next sensitive area for implementation of effective security screening. Border check points are also expected to emerge lucrative through coming years, in the security screening market.

Explosive trace detectors, currently accounting for nearly 1/4^th share of the total sales of security screening systems, will reportedly witness strong growth in demand through the coming years. According to the report, X-Ray screening systems and biometric systems are also highly popular among the end-use application areas in security screening market. The collective market value share of the aforementioned security screening systems is just-under 50% and the report expects attractiveness of the latter to surge – with growing adoption of fingerprint and face recognition technologies.

Smart Security Screening Trending in the Global Market

Looking at the loopholes in current security screening models in terms of efficiency and sustainability, airports have been accelerating the industry’s shift to smart security screening solutions, over the recent past. A combined initiative of Airports Council International (ACI) and the International Air Transport Association (IATA), smart security is emerging as a streamlined solution for airlines, passengers, and their belongings. Recently, Australia’s first-ever smart security screening checkpoint was unveiled at the Melbourne Airport.

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Key Vendor Insights: Global Security Screening Market

Westminster Group PLC, one of the key players competing in security screening market, recently completed the acquisition of Keyguard UK Ltd. The latter is a leading company in the security screening space, providing the blend of manned security and the latest technology enabled security screening systems. The former will now offer packages combining technology and guarding – particularly to the infrastructure security domain. This deal is expected to benefit both the business bases, in form of multiple cross-selling opportunities.

Besides Westminster, FMI’s report covers detailed strategic profiles of some of the most prominent companies operating in security screening market landscape, including American Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware Incorporation, Digital Barriers, Mangal Security Systems Ltd., OSI Systems, Inc., Smiths Group plc, LAXTON GROUP, NEXT Biometric, Aratek, NEC Corporation, and Cognitec Systems GmbH.

Future Market Insights has recently published a market research report, according to which, the global hardware security module market will record a total incremental opportunity of over a billion dollar, during the forecast period of 2018 to 2028.

Hardware security modules serve cryptographic functions, which include encryption, decryption, key management/generation, and hashing. 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.

Global hardware security module market size in 2017 – nearly US$ 659 Mn. The hardware security module market is expected to grow at a CAGR of approximately 10.9% during the forecast period of 2018 to 2028. Some of the key regulations in the global hardware security module market include Cyber Security Legislations in the US and Canada Cyber Security Strategy.

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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.

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.

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Key Segment

Based on By type

• USB-based hardware security modules
• PCIe-based hardware security modules
• LAN-based hardware security modules

Based on applications

• payment processing
• code & document signing
• SSL & TLS
• authentication
• database encryption
• PKI or credential management
• app-level encryption

Based on industry vertical

• BFSI
• discrete manufacturing
• process manufacturing
• media
• professional services
• retail
• healthcare
• energy & utility
• among other industry verticals

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.

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

According to a recent study of Future Market Insights (FMI), the consent management market is expected to witness a promising growth in the near future, influenced in part by the upward trend of plain text presentation. Recommendations by the Personal Information Management Services (PIMS) for the consent management on the basis of six plain language categories that minimise confusion, have further been complementing the popularity of the trend, thereby impacting growth of the consent management market.

The introduction of new regulations, such as the GDPR, along with the rising consumer concerns regarding data privacy, is forcing organizations to invest in more formal internal structures for the purpose of effective consent management. There has been a significant growth in the requirement for efficient book keeping and personal digital data storage equipment among organizations, in a bid to enhance their consent management offerings.

The data privacy regulations in the consent management market have led organizations to appoint dedicated personal data privacy officers, consent management processes, and records. With efficient data storage equipment and consent management platforms in place, an organization gains the abilities to demonstrate a simplified complaint approach to consent management regulators, revoke or transfer data record upon request, and answer consumer requests for information.

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Consent Management Demand Rises among Website Developers to Meet Data Management Requirements

The global consent management market is likely to witness a total incremental opportunity of over US$ 1,000 Mn between the period 2018 and 2028. Consent management platforms enable websites to meet various data management requirements, which include those recommended by the EU and other regulatory bodies for consent collection.

Website developers are constantly taking efforts to integrate consent management platform, to realize the technical ability to update visitors about the nature of personal data required, and ask for their consent regarding each data-processing purpose. Cloud solutions and service providers continue to playing a vital role in the evolving technological developments, as more and more enterprises adopt cloud services with continuous upgrades in the cloud-based data storage solutions, or software-as-a-service (SaaS).

The consent management market is expected to witness potential growth opportunities as cloud service providers continue to offer cost-effective solutions to expand their customer base. Cloud solutions and service providers are also estimated to assist consent management platform vendors to expand their businesses across regional markets, thereby eliminating the requirement of modifying the physical product distribution channel.

Advancements in enterprise management systems have revolutionized several industry verticals in various developed as well as developing regions. To keep up with the growing demand for efficient enterprise management systems in South Asia, East Asia, and MEA regions, several consent management platform providers have started investing heavily in these latent growth potential markets.

The established as well as growing consent management platform providers are shifting their focus toward expanding their consent management businesses and increase their share in the global consent management market. The study states that Asia-Pacific continues to hold lucrative opportunities for leading as well as the emerging players in the consent management market, in line with the increasing technological vigour of developing economies in the region.

Varying strict data privacy regulations across regions have influenced the dynamics of the consent management market. In line with the continuous updates made in the data privacy regulatory standards, consent management providers are required to comply with the data governance policies and other standards. This has further helped the consent management market players to ensure the customer data sharing consent, regional data storage, and other consumer data privacy mandates.

Key Segment

Based on component

• software
• services

Based on services 

• professional services
• manages services

Based on deployment types

• on-premise deployments
• cloud-based deployments

Based on end-use

• retail & e-commerce
• government
• technology
• financial services
• healthcare
• higher education
• other end-use industries.

Key players operating in the consent management market, as profiled in the study, include CYBOT, Rakuten Marketing, PactSafe, Silktide, Trunomi, Quantcast, HIPAAT, CIVIC, ConsentEye, and OneTrust.

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Consent Management Market – Key Research Findings:

1. Global consent management market closed in on revenues worth US$ 700 Mn in 2017.
2. The consent management market is expected to grow at a CAGR of over 9.0% through 2028.
3. Requirements for consent collection mandated by key regulations such as the General Data Protection Regulation (GDPR), EU ePrivacy, US/EU Privacy Shield, General Data Protection Law, and Protection of Personal Information Act (PoPI), continue to influence growth of the consent management market.
4. Absence of universal guidance models for efficient consent management has led companies follow “implied consent management” norms, where individuals have no clear idea about what or how much personal information has been exchanged.
5. Europe and North America are estimated to remain the most lucrative markets for consent management.
   • Consent management has helped businesses in the region to transform the way of conducting digital business, as it enables a consistent, secure, multi-channel customer experience.
6. Europe is expected to be the fastest growing market for consent management through 2028
   • As business transformation continues to gain pervasive palpability in the region, enterprises are looking to procure consent management platforms, to benefit their business growth in the consent management market.

7. Consent management software solutions continue to hold the largest share of the market.
   • The ever-rising demand for privacy regulatory compliance is estimated to drive the global consent management market.

The global data centre security market is estimated to exhibit a CAGR of 11.1% during 2018-2028, as indicated by a new research study of Future Market Insights (FMI).

As the market penetration of data centres has proliferated, a corresponding increase in the demand for the security of its infrastructure and data has been witnessed worldwide. One of the key trends governing the growth of the global data centre security market is the increasing number of initiatives undertaken by several regional governments in collaboration with various Tier-1 and Tier-2 companies. A majority of these companies are among the leading providers of data centre security solutions and services, securing critical data stored at data centres of respective countries and regions.

According to FMI analysis, in addition to joint initiatives of governments and key players, the data center security landscape has been witnessing a surge in the frequency of introduction of virtualized data centre security solutions via collaborations between multiple channel partners. While these channel partners aspire stronger market presence, their joint activities are likely to create a new trend wave in data center security market. However, owing to increasing enterprise virtualization, physical security solutions are expected to exhibit poor demand growth in the data center security market.

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BFSI & Healthcare to Remain Highly Lucrative End-use Segments in Data Center Security Market

On the basis of end use, the report envisages higher rate of adoption of data center security within critical end-use verticals such as IT & telecom, BFSI, healthcare, government & defense, and media & entertainment. However, the rate at which data center security adoption has been rising in case of BFSI and healthcare segments will be particularly higher, reflecting several lucrative growth opportunities for the data centre security market.

Fast Developing Asian Markets Generating High Demand for Data Center Security Solutions & Services

While North America will retain a dominant position in the global data centre security market throughout the forecast period, FMI’s analysis points to a positive growth outlook emerging for some of the developing Asian countries, in the global data center security market. The report opines that the data center security services and solutions will witness strong demand from markets in East Asia and South Asia. Both the aforementioned regions are more likely to register higher CAGR in terms of revenue over the course of projection period.

Due to the increasing adoption of data centres across all-sized enterprises, including SMEs within rapidly developing economies such as Indonesia, India, and China, FMI estimates relatively higher demand for data centre security solutions and services within these countries over the coming years. However, as the lack of awareness about significance of data center security prevails among various underdeveloped and some of the developing countries, the consulting segment of the data center security market will exhibit a considerably high growth rate, opines the report.

Some of the top players in the global data centre security market are CheckPoint Software Technologies Limited, Hewlett Packard Enterprises, Citrix Systems, Fortinet, Inc., Dell EMC, Honeywell International Inc., FutureNet Solutions, Inc., IBM Corporation, McAfee, LLC, Juniper Networks, Inc., Schneider Electric, Robert Bosch GmbH, Trend Micro Incorporated, and Symantec Corporation.

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Data Centre Security Market: Segmentation

On the basis of offering, the global data centre security market has been segmented into:

• Logical Security Solutions
  • Virtual Appliances
  • Server Software
• Physical Security Solutions
• Services
  • Managed Services
  • Consulting Services

On the basis of data centre type, the global data centre security market has been segmented into:

• Large
• Medium
• Small

On the basis of end use, the global data centre security market has been segmented into:

• BFSI
• IT & Telecom
• Government & Defence
• Healthcare
• Media & Entertainment
• Others

On the basis of region, the global data centre security market has been segmented into:

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • BENELUX
  • Russia
  • Rest of Europe
• East Asia
  • China
  • Japan
  • South Korea
  • South Asia
  • India
  • Thailand
  • Indonesia
  • Malaysia
  • Rest of South Asia
• Oceania
  • Australia
  • New Zealand
• MEA (Middle East & Africa)
  • GCC Countries
  • Turkey
  • Northern Africa
  • South Africa
  • Rest of MEA

Future Market Insights (FMI) has recently published a market research report titled “Advanced (3D/4D) Visualization Systems Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” The report opines that the advanced (3D/4D) visualization systems market surpassed US$ 1.8 billion in 2017, and will continue to expand at a moderate 4% CAGR during 2018-2028.

Healthcare Sector to Remain Important for Advanced (3D/4D) Visualization System Vendors

The prevalence of lifestyle diseases, such as diabetes, cardiovascular disease, cancer, and neurological disorders, has increased due to the rising geriatric population, changing lifestyle, and excessive consumption of tobacco & alcohol. These factors are estimated to drive the demand for diagnostic imaging, which is, in turn, expected to provide opportunities for companies operating in the global advanced (3D/4D) visualization systems market.

Increase in medical tourism in emerging markets has led to the high adoption of advanced (3D/4D) visualization systems. These advanced (3D/4D) visualization systems enable countries to offer the best, yet cost-effective medical tourism solutions. This has, in turn, boosted the number of surgical procedures. Factors such as medical tourism and growing number of patients affected with chronic diseases, are estimated to propel the advanced (3D/4D) visualization systems market, especially in the developing parts of the world.

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Manufacturers Focus on Introducing High-tech Features: An Emerging Market Trend

A major trend in the advanced (3D/4D) visualization systems market is the development of three-dimensional models from MRI and CT scans, which help guide surgical procedures and other minimally invasive treatments. These three-dimensional models may be developed by hands-on medical experts, 3D laboratories, or 3D reconstructions that are outsourced and transmitted via the internet. Various healthcare end-users of advanced (3D/4D) visualization systems are outsourcing 3D model creation to advanced (3D/4D) visualization system service providers.

In addition, manufacturers understand that it is imperative to monitor patient progress over months and often years for effective treatment of diseases, such as cancer and neurological disorders. The progression of cancer is unpredictable, which is why immediate access to patient history is of paramount importance for a doctor to make informed decisions regarding the future course of action. This requires the AV images to be adequately stored for the future course of treatment by comparing the present patient data with earlier records.

Picture Archiving and Communication System (PACS) has an advanced imaging system, such as MRI or CT, as one of its major components along with a data archival facility. Such innovations are estimated to drive the global advanced (3D/4D) visualization systems market.

Connectivity Features of Advanced (3D/4D) Visualization Systems to Gain Popularity

Upgraded hardware performance and enhanced internet connectivity have facilitated enhanced remote access to advanced (3D/4D) visualization system users outside particular hospitals and clinics or research institutes and research centres. Such advanced (3D/4D) visualization systems are transitioning towards specialised healthcare applications that required innovative post-processing. Such advanced (3D/4D) visualization system applications for surgical planning, Chronic Obstructive Pulmonary Disease (COPD), radiation treatment, liver analysis, and oncology management.

Healthcare professionals are utilising their smart mobile devices to communicate with patients as well as for reviewing scan results. Advanced (3D/4D) visualization system users can now utilise cloud-based services that facilitate the web hosting of these advanced (3D/4D) visualization system applications. Thus, technology- and hardware-related advancements are estimated to offer profitable opportunities in the global advanced (3D/4D) visualization systems market over the forecast period.

In the global advanced (3D/4D) visualization systems market report, FMI Insights has segmented the global advanced (3D/4D) visualization systems market by platform, end-user, application, and region. The advanced (3D/4D) visualization systems market is still in the emerging stage in several developing nations. On the other hand, several players operating in the global advanced (3D/4D) visualization systems market are continuously striving to develop innovative products that are more precise, and serve multiple application areas simultaneously.

Some of the key advanced (3D/4D) visualization systems market players in this research report include, Siemens AG; General Electric Company; Koninklijke Philips N.V.; LG Electronics Inc.; Thermo Fisher Scientific; FUJIFILM Corporation; CONMED Corporation; Pro Medicus, Ltd.; Carestream Health; and Ziosoft.

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Advanced (3D/4D) Visualization Systems Market – Key Research Findings:

• Global advanced (3D/4D) visualization systems market size in 2017 – nearly US$ 1.8 Bn
• The advanced (3D/4D) visualization systems market is expected to grow at a CAGR of approximately 4.0% during the forecast period of 2018 to 2028
• Ultrasound advanced (3D/4D) visualization systems usually provide multi-functional applications, such as imaging, quantification, reporting, and archiving, in the areas of radiology, gynaecology, obstetrics, vascular, and abdominal examinations.
• MRI advanced (3D/4D) visualization systems often employ features, such as rapid and multi-planar contouring, de-lineation of body structures, and re-planning, according to the fluctuations of the weight of a patient during the course of extended treatment for chronic diseases.
• North America and East Asia are estimated to remain the largest regional markets for advanced (3D/4D) visualization systems
• Increasing threats of cardiac, neural, and other chronic conditions and diseases are expected to increase the adoption rate of advanced (3D/4D) visualization systems.