DataCube Research Forecasts the US Healthcare Cyber Security Market to Expand at a CAGR of around XX% During the Forecast Period between 2022 and 2031.
US Healthcare Cyber Security Market Introduction
With the rise in cyber-attacks on healthcare organizations, need for information security has increased at a rapid rate. In the recent survey, DataCube Research identified that malware, phishing, and ransomware are some of the major concerns in the healthcare industry that are motivating healthcare organizations to deploy advanced endpoint security solutions to protect their information. Further, in the wake of ransomware attacks, healthcare organizations are boosting cyber security spending to ensure higher cyber security.
Healthcare organizations in the US are rapidly digitizing their conventional processes to improve patient care and communication among healthcare centers. To safeguard business and patient information healthcare organization in the US are spending the considerable amount in cyber security software and services. This, in turn, is driving the US healthcare cyber security market growth. Lack of expertise and security resources are key issues identified in the US healthcare cyber security market, which is anticipated to hamper the market growth during the forecast period.
The US healthcare cyber security market has been divided into various segments to track market performance from different perspective. Major segments analyzed are offering, software, and service.
Based on offering, the US healthcare cyber security market has been bifurcated into service and software. Revenue contribution by the software segment is in the overall US healthcare cyber security market is projected to increase by XX by 2031 over 2021.
The software segment is bifurcated into data security, endpoint security, control & intelligence, cloud security, mobile security and protection, data governance and compliance automation, security threat intelligence and analytics, identity and access management (IDAM), network security, and other (inside threat protection and social media protection). Among sub-segments, the data security, control & intelligence sub-segment market share is projected to increase by XX BPS by 2031 as compared to that in 2021.
Based on services, the US healthcare cyber security market is segmented into risk assessment service, implementation and integration service, consulting service, and training and support. Among services, expenditure on risk assessment service is projected to increase at a significant rate during the forecast period between 2022 and 2031.
Deployment model includes on-premise and cloud segments. Rise in need for IT cost optimization is projected to increase the healthcare organization’s inclination towards cloud-based cyber security software.
By organization size, the US healthcare cyber security market is segmented into micro enterprise, small enterprise, medium enterprise, and large enterprise.
The US healthcare cyber security market is segment into Texas, California, New York, Florida, and Rest of US. The Texas healthcare cyber security market is projected to increase at the highest CAGR of XX% during the forecast between 2022 and 2031.
US Healthcare Cyber Security Market Competitive Landscape
Some of the key players identified in US healthcare cyber security market are PricewaterhouseCoopers LLP, IBM Corporation, CGI Group Inc., Ernst & Young LLP, KPMG LLP, Deloitte Touche Tohmatsu, TELUS Corporation, Oracle Corporation, and Accenture PLC.