Health IT Security Market Expected to Reach USD 19.54 Billion by 2030: Verified Market Research®

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Mar 24, 2023, 11:15 ET

Verified Market Research® provides a comprehensive analysis of the market share, market ranking analysis, product benchmarking, and SWOT analysis of these key players. The report also provides an in-depth analysis of the global Health IT Security Market, including its growth prospects, market trends, and market challenges

JERSEY CITY, N.J., March 24, 2023 /PRNewswire/ -- 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.

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Browse in-depth TOC on "Health IT Security Market"

202 - Pages
126 – Tables
37 – Figures

Health IT Security Market 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

Germany
France
U.K
Rest of Europe

Asia Pacific

China
Japan
India
Rest of Asia Pacific

ROW

Middle East & Africa
Latin America

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