The Counterspace Security Global Market Report 2023, provides comprehensive information on the counterspace security market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global counterspace security market size is expected to grow from $5.86 billion in 2022 to $6.55 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global counterspace security market size is expected to reach $9.89 billion in 2027 at a CAGR of 10.9%.
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Next-generation product development is a key trend gaining popularity in the counterspace security market. Companies operating in the counterspace security market are developing innovative products to sustain their position in the market. For instance, in April 2023, CYSEC, a Switzerland-based data security company, launched ARCA SATCOM for securing internet communications over satellite. ARCA SATCOM is a groundbreaking Performance-Enhancing Proxy (PEP) that combines encryption and authentication. It significantly improves performance and security compared to standard VPNs. It achieves a two-fold increase in link throughput, reduces round-trips and acknowledgment messages, and supports multi-orbit deployment. ARCA SATCOM ensures comprehensive security by protecting data and metadata, utilizing FIPS-certified hardware for key management. It offers end-to-end encryption based on TLS 1.3 and AES-GCM, safeguards against eavesdropping attacks, and seamlessly integrates with existing terminals and gateways. ARCA SATCOM also provides enhanced performance, data protection, and compatibility, surpassing the capabilities of state-of-the-art virtual private networks (VPNs).
The counterspace security market is segmented:
1) By Product Type: Co-Orbital Systems, Non-Kinetic Physical Systems, Space-Based Electronic Warfare Systems, Space Situational Awareness, Cybersecurity
2) By Deployment Model: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Equatorial Orbit (GEO), Ground-Based
3) By Application: Commercial, Military
North America was the largest region in the counterspace security market in 2022.
The table of contents in TBRC’s counterspace security market report includes:
1. Executive Summary
2. Counterspace Security Market Characteristics
3. Counterspace Security Market Trends And Strategies
4. Counterspace Security Market - Macro Economic Scenario
5. Counterspace Security Market Size And Growth
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26. Africa Counterspace Security Market
27. Counterspace Security Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Counterspace Security Market
29. Counterspace Security Market Future Outlook and Potential Analysis
30. Appendix
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The space sector is becoming an increasing vital enabler for military and commercial applications used by economic powers of the world.
Several countries are procuring satellites to support and enhance their military sector.
With an increase in space activities and operations, there have also been an increase in space assets, such as satellite systems.
They also vary in how they are employed and how challenging they are to detect.
Counterspace security includes co-orbital systems, non-kinetic physical systems, space-based electronic warfare, space situational awareness, and cybersecurity.The decreasing cost of services for space solutions resulted in an increase in demand of counterspace security measures globally.
It also increased the intensity of threats that can be created to hamper the space-based services.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
