This report presents a 360-degree overview of the competitive scenario of the Global Health IT Security market. The report includes massive data relating to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market’s future development. The research report analyzes the global Health IT Security market in a detailed manner by explaining the key aspects of the market that are expected to have a quantifiable influence on its developmental prospects over the forecast period.
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Factors such as a large number of healthcare data breaches, stringent regulatory requirements, growing use of mobile devices, investments by venture capital firms, and growing number of interconnected medical devices are expected to drive the market for Health IT security solutions. Moreover, evolution of next-generation IT security solutions and emergence of cloud computing are expected to offer growth opportunities for market players.
However, factors such as shortage of cyber security professionals and limited spending on IT security in healthcare organizations are expected to restrain the growth of this market during the forecast period.
Health IT security Market is segmented on the basis of products and services, applications, delivery mode, end user, and region.
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The Health IT security market, by end user, is segmented into healthcare providers and payers. The providers market is further segmented into hospitals, physician practices, and others.
The primary driver for the growth of the market is the threat of data breach; in 2014, according to industry experts, data breach incidents among healthcare payers and providers increased dramatically by 55%-60% from 2013. This has highlighted the need to deploy IT security measures.
IBM Corporation (U.S.), Intel Corporation (U.S.), Symantec (U.S.), EMC Corporation (U.S.), Trend Micro (Japan), Oracle Corporation (U.S.), SailPoint Technologies (U.S.), Hewlett Packard (U.S.), Dell, Inc. (U.S.), CA Technologies (U.S.), PricewaterhouseCoopers (PwC) (U.S.), Verizon (U.S.), AT&T (U.S.), Wipro (India), Okta, Inc.
(U.S.), CyberArk (U.S.), and CenturyLink (Savvis) (U.S.)
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Global Health IT Security Market to grow at a CAGR of 15% during forecast period 2018-2023
The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global Health IT Security market have been analyzed.
Opportunities leading to the growth of the market have been analyzed and stated. The report focuses on the global Health IT Security market, and answers some of the most critical questions stakeholders are currently facing across the globe.
Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.
Drivers and restraints impacting the growth of the market have also been analyzed. A segmentation of the global Health IT Security market has been done for the purpose of a detailed study.
The profiling of the leading players is done in order to judge the current competitive scenario. The competitive landscape is assessed by taking into consideration many important factors such as business growth, recent developments, product pipeline, and others.
The research report further makes use of graphical representations such as tables, info graphics, and charts to forecast figures and historical data of the global Health IT Security market.
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The report on the global Health IT Security market is a meticulous piece of work and is assembled by leading both primary as well as secondary research. The data included in the report has been taken by consulting high-quality references, case studies, press releases, and by taking inputs from top industry leaders.
The top segments in the market have been highlighted clearly in this report for the readers to understand in a précised manner. These segments have been presented by giving information on their current and predicted state by the end of the forecast period.
The information presented would help the upcoming players to gauge the investment scope within the segments and sub-segments of the global Health IT Security market.
The major strategies adopted by the established players for a better penetration in the global Health IT Security market also form a key section of this study. These strategies can be employed by the upcoming vendors for a better penetration in the market.
The global market on Incinerator has also been analyzed in terms of revenue. The market dynamics such as market drivers, challenges, opportunities, and trends have been presented coupled with their respective impact analysis.
The impact analysis helps in gathering information on the future development of the market.
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