The intense need for in-depth understanding of the “Healthcare IoT Security Market -Forecast to 2022″ coupled with its high growth potential necessitated the development of this report by Market Research Future. The report specifically focuses on the key industry development trends and forces that shapes the market, but not limited to only commercial nature, but which encompasses a broad range such as social, technological and others. The global healthcare IoT security market is currently valued at $4.8 billion and will reach $15.82 billion growing at a CAGR of 22%.
MarketResearchFuture.com adds “Healthcare IoT Security Market -2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database.
Factors such as; increased connectivity of smart IOT devices with the healthcare organizations for better health management and government support and acknowledgement for IOT Security in the healthcare sector are boosting the growth of global healthcare IOT security market.
Globally North America is the largest market for Global healthcare IoT security market. Europe is the second-largest market for Global healthcare IoT security market. However, the developing regions market particularly Asia Pacific will be the fastest growing and will be the key to the future.
The report for Global Healthcare IoT Security Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insights of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players such as Inside Secure SA (France), IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), Oracle Corporation (U.S.), Sophos Ltd. (U.K.), and others.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenerios & strategies, of the global healthcare IOT security market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
The Internet of things (IoT) is the inter-networking of smart devices and infrastructure including buildings embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data with minimal manual interference. The system can also be remotely controlled and is highly automated across existing network infrastructure, resulting in improved efficiency, accuracy and economic benefit in addition to reduced human intervention.
The growth factors responsible for this explosive growth are cross transferability of the IoT security to a variety of sectors, huge savings due to increasing automation thus causing high adoption among end users, greater integration of devices in the internet ecology, development of smart devices requiring increasing security and rise in R&D expenditure due to increasing awareness about the technology potential and prospects.
The constraining factors are shorter lifecycle and greater sink costs associated with the technology, lack of trained professionals in developing world, limited bandwidth and connectivity issues and security concerns. Lack of legal framework is another hurdle in rapid absorption of technology.
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IOT Security solutions acquired major market share of ~60% in 2015. IOT Security solutions will continue to hold maximum share of 55% in 2022 because of increasing connectivity of healthcare IOT devices with the caregivers globally; new access points get created for hackers to conduct cyber crimes
In services, risk assessment services acquired major share of around 32% in 2015. Risk assessment services will continue to acquire major share of approximately 28% in future (2022) as well in order to identify and mitigate risks related to IOT Security in the healthcare sector
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North America commands the major market share in 2015, while Asia will prove to be the fastest growing region for healthcare IOT security Market in near future
North America is the region acquiring a major share around 47% in the healthcare IOT Security because of the rapid adoption of healthcare IOT
Data privacy and security concerns among the healthcare organizations and patients’ related to healthcare IOT are also driving the growth of the market
APAC is expected to grow at a highest CAGR ~45% as this region comprises 60% of the world population and with the raid healthcare IOT adoption for managing growing chronic illness, IOT security will become crucial in the near future.
Global healthcare IoT security market has been segmented on the basis of component, software and services, applications, by connectivity technology, by application endpoint and by end-users.
Chapter 1. Introduction
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure
Chapter 2. Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
Chapter 3. Market Dynamics
3.5 Macroeconomic Indicators
Chapter 4. Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Customer
4.1.3 Intensity of Competitor’s
4.1.4 Threat of New Entrants
Chapter 5. Global Healthcare IoT Security Market, By Components
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