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Health IT security market to reach USD 19.54 billion by 2030

The global health IT security market is projected to grow at a CAGR of 5.88% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 11.21 Billion in 2021 and is expected to reach USD 19.54 Billion by the end of the forecast period.

Health IT security mMarket poised for significant growth as healthcare breaches and regulatory stringency drive demand
The global health IT security market is expected to experience substantial growth in the coming years, driven by a range of factors including increasing cases of healthcare breaches, stringent regulatory requirements, and the growing usage of smartphones and devices. Despite potential restraints such as a shortage of cyber-security professionals and a dearth of investments, the market for health IT security services is expected to see significant growth.

A large number of healthcare data breaches, stringent regulatory requirements, growing use of mobile devices, investments by venture capital firms, and a growing number of interconnected medical devices are all contributing to the growth of the Health IT Security Market. Next-generation IT security solutions and the emergence of cloud computing are also expected to offer several growth opportunities for market players.

Key players in the global health IT security market are IBM Corporation, Intel Corporation, Symantec Corporation, Trend Micro Incorporated, Oracle Corporation, CA Technologies, EMC Corporation, Sailpoint Technologies, Inc., Dell, Inc., and Hewlett Packard. Market research services such as product benchmarking and SWOT analysis, key development strategies, market share, and market ranking analysis will be critical to achieving success in this competitive and rapidly evolving market.

As the market for healthcare IT security services continues to develop at a faster pace than the healthcare IT security products market, end clients in this market will require consistent help to save their IT framework from rising cyber-attacks. The evolution of smart IT security systems and cloud security are also foreseen to create opportunities in the market.

Based on the research, Verified Market Research® has segmented the global Health IT Security Market into End User, Application, Delivery Model, And Geography.

  • Health IT security market, by end user
    • Healthcare Providers
    • Healthcare Payers
  • Health IT security market, by application
    • Network Security
    • Endpoint Security
    • Content Security
    • Application Security
  • Health IT security market, by delivery model
    • On-Premise
    • On-Demand (Cloud-Based and Hybrid Model)
  • Health IT security market, by geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • German
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Verified Market Research®

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