SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Healthcare Cyber Security – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 7294
Companies: 14 – Players covered include Cisco Systems, Inc.; FireEye, Inc.; IBM Corporation; Kaspersky Lab; Lockheed Martin Corporation; McAfee, LLC; Northrop Grumman Corporation; Palo Alto Networks, Inc.; Sensato; Symantec Corporation and Others.
Coverage: All major geographies and key segments
Segments: Security (Application Security, Cloud Security, Content Security, Endpoint Security, Network Security, Wireless Security); Type (Service, Solution)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Healthcare Cyber Security Market to Reach $14.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Healthcare Cyber Security estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$14.3 Billion by 2026, growing at a CAGR of 15.1% over the analysis period. Application Security, one of the segments analyzed in the report, is projected to record a 16.3% CAGR and reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud Security segment is readjusted to a revised 17.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.1 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026
The Healthcare Cyber Security market in the U.S. is estimated at US$2.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 14.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.6% and 12.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11% CAGR.
Content Security Segment to Reach US$2.2 Billion by the year 2026
In the global Content Security segment, USA, Canada, Japan, China and Europe will drive the 14.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$748.6 Million in the year 2020 will reach a projected size of US$2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.