What is Healthcare IT Security Market Scope?
According to estimates, the adoption of endpoint detection and response solutions is increasing significantly in the coming years. Endpoint detection and response solutions including on-premises and cloud-based are expected to reach USD ~7 million by the year 2026. The rising factors are the driving factors are an increase in the sophistication of cyberattacks. There are new types of endpoints and endpoint attacks in the market. These endpoints include desktops, servers, laptops, tablets, smartphones, IoT devices, smartwatches, digital assistants. The market-leading players are adding new capabilities and features to improve the threat intelligence.
The Healthcare IT Security market study is being classified, by Application (Healthcare Providers and Healthcare Payers) and major geographies with country level break-up.
The service providers are operating in this industry are expanding their geographical regions in new regions by adopting various organic and inorganic market growth strategies such as mergers & acquisitions, expansions, investments, new solution launches, and many others. Key players are exploring new opportunity areas through expansions and acquisitions across the globe to avail of competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Healthcare IT Security market throughout the predicted period.
FireEye, Inc. (United States), Palo Alto Networks, Inc. (United States), Sophos Ltd. (United States), Juniper Networks, Inc. (United States), Fortinet, Inc. (United States), Cisco Systems, Inc. (United States), Checkpoint Software Technologies Ltd. (United States), Imperva (United States), IBM Corporation (United States) and Intel Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are McAfee LLC (United States), LogRhythm, Inc. (United States) and NortonLifeLock Inc. (United States).
Analyst at AMA have segmented the market study of Global Healthcare IT Security market by Type, Application and Region.
On the basis of geography, the market of Healthcare IT Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In Nov 2020, Royal Philips announced a partnership with Cyber MDX for the integration and enhancing strategic security solutions for Phillips’s customers. Through this initiative, the company is becoming more competent in the market and increasing its market share in this industry.
Influencing Market Trend
- Development in Technology Such as Cloud-Based Technology
- Growing Requirement to Mitigate IT Security Risks
- The Rise in Occurrence of Enterprises Endpoint Targeted Attacks
- Rising Demand for Advanced Cybersecurity Solutions & Privacy
- Rise In Healthcare Data Breaches
- Increase Impact of COVID-19 on the Industry Vertical Obstructs the Growth of this Market
- Lack of Professional Experts
- High Cost Associated with Endpoint Detection and Response Solutions
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Healthcare IT Security Service Providers, Government Regulatory and Research Organizations and End-Use Industries
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Healthcare IT Security market expands?
The Global Healthcare IT Security market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Healthcare IT Security market?
The prominent players of Global Healthcare IT Security market are FireEye, Inc. (United States), Palo Alto Networks, Inc. (United States), Sophos Ltd. (United States), Juniper Networks, Inc. (United States), Fortinet, Inc. (United States), Cisco Systems, Inc. (United States), Checkpoint Software Technologies Ltd. (United States), Imperva (United States), IBM Corporation (United States) and Intel Corporation (United States), to name a few.
3. What are the top priorities to focus for Healthcare IT Security market’s growth?
In this highly competitive & fast evolving Healthcare IT Security industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.