Wearable Medical Device Market Is Segmented On The Basis Of Products And Region 2012-2022

Global Wearable Medical Device Market is expected to reach USD 27.8 billion by 2022, according to a new report by Grand View Research, Inc. Rising prevalence of conditions such as obesity and hypertension, as a result of sedentary lifestyle is anticipated to boost the demand for wearable medical devices. Moreover, increasing health awareness is further expected to augment the demand for these devices. 

Additionally, growing incidences of chronic conditions, such as diabetes, which require round-the-clock monitoring, are expected to increase the demand for wearable technology. Technological innovation is projected to be vital for growth of this industry over the forecast period. Smart watches, smart bands, and smart clothing are anticipated to be the key areas for development. Increasing penetration of smart cellular phones is expected to assist growth of this technology. However, patient privacy and security concerns along with complexity in engineering are expected to impede growth of the industry. 

Full Research Report on Global Wearable Medical Device Market Analysis: http://www.grandviewresearch.com/industry-analysis/wearable-medical-devices-market

Further key findings from the study suggest:

• Diagnostic wearable medical devices held substantial share in 2014 owing to increasing usage in remote patient monitoring as well as home healthcare
• Therapeutic wearable devices are anticipated to exhibit remunerative growth over the forecast period. Increasing penetration of products, such as insulin monitors, is assisting the growth of wearable equipment.
• Diagnostic devices such as vital sign monitors are expected to witness lucrative growth over the forecast period. Rising incidences of chronic diseases are expected to boost the demand for this equipment.
• Wearable medical devices have applications in sports & fitness monitoring, home healthcare, and remote patient monitoring. Home healthcare held significant shares of around 50.0% in 2014. Simplified usage of this equipment along with ability to synchronize with cellular phones as well as tablet devices assisted the growth of this segment.
• On the contrary, remote patient monitoring is projected to exhibit growth rate of over 25.00% in the next seven years. Increasing geriatric population base coupled with demand for continuous monitoring is expected to fuel the growth.
• Strap/clip/bracelet or watches held substantial shares of around 40.0% in 2014, and is expected to grow at a lucrative rate over the forecast period. Simplified engineering, aesthetically appealing products, and synchronization with mobile application are anticipated to drive this segment’s growth.
• North America dominated the overall market with approximately 40.0% of shares. This can be attributed to increasing per capita income as well as rising healthcare spending, and advanced healthcare infrastructure and presence of OEM in this region.
• Asia Pacific is projected to grow with a rapid rate of around 32.0% over the forecast period. Economic development coupled with improving healthcare systems is expected to help the industry grow in this region.
• Key companies of the wearable medical devices industry include Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science, Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro, Philips Electronics, and Everist Genomics 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Wearable Medical Device Market on the basis of products and region:

Global Wearable Medical Devices Product Outlook (USD million), 2012 - 2022

• Diagnostic devices

·         Vital sign monitors

§  Heart rate monitors

§  Activity monitors

§  Electrocardiographs

§  Pulse oximeters

§  Spirometers

§  Blood pressure monitors

§  Other devices

·         Sleep monitoring devices

§  Sleep trackers

§  Wrist actigraphs

§  Polysomnographs

§  Other devices

·         Electrocardiographs Fetal & Obstetric Devices

·         Neuromonitoring devices

§  Electroencephalographs (EEG)

§  Electromyographs (EMG)

§  Other devices

·         Therapeutic devices

·         Pain management device

§  Neurostimulation device

§  Other devices

·         Insulin monitoring device

§  Insulin pumps

§  Other devices

·         Rehabilitation device

§  Accelerometers

§  Sensing devices

§  Ultrasound platforms

§  Others

·         Respiratory therapy device

§  Ventilators

§  PAP

§  Portable oxygen concentrators

§  Other devices

Global Wearable Medical Devices Application Outlook (USD million), 2012 - 2022

• Sports & Faintness
• Remote Patient Monitoring
• Home healthcare

Global Wearable Medical Devices Site Outlook (USD million), 2012 - 2022

• Handheld
• Headband
• Strap, clip, bracelet and watches
• Shoe sensors
• Others

Wearable Medical Devices Region Outlook (USD million), 2012 – 2020

• North America
• U.S.
• Mexico

• Europe
• UK
• Germany
• France
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• Saudi Arabia

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wearable-medical-device-market                     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

VR Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2025

Global Virtual Reality (VR)Market is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025.

Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporation, are venturing into space. The introduction of commercial VR headsets is expected to accelerate market growth over the next two years.

The market can be categorized based on components into hardware and software verticals. The hardware segment dominated the virtual reality market in terms of the overall market share in 2016. The rising demand for smartphone devices is anticipated to complement the growing VR hardware device sales. The increasing penetration of devices, such as smartphones and tablets, is expected to drive the software segment over the forecast period. The increasing demand for VR applications in the gaming and entertainment segments is expected contribute to the market growth.

Full Research Report on Global Virtual Reality Market Analysis: http://www.grandviewresearch.com/industry-analysis/virtual-reality-vr-market

Further key findings from the report suggest:

• The semi and fully immersive segment dominated the VR market in 2016 in terms of the overall market share. Immersive VR devices aid users to achieve maximum isolation from the real world dimension into the virtual world.
• The GTD VR hardware includes sensors, processors, and displays. Furthermore, several companies are working on enhancing the quality of sensors and processors used in VR devices.
• In the entertainment and healthcare segments, VR applications can save time and reduce operational costs.
• The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016.
• The key industry participants include CyberGlove Systems LLC, Barco, Alphabet Inc., HTC Corporation, Oculus VR LLC, and Leap Motion, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/display-technologies

Grand View Research has segmented the Global Virtual Reality Market based on device, component, technology, application, and region:

VR Device Outlook (Revenue, USD Million; 2014 - 2025)

• Head-Mounted Display (HMD)
• Gesture Tracking Devices (GTD)
• Projectors & Display Walls (PDW)

VR Component Outlook (Revenue, USD Million; 2014 - 2025)

• Hardware
• Software

VR Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Non-Immersive
• Semi & Fully Immersive

VR Application Outlook (Revenue, USD Million; 2014 - 2025)

• Aerospace & Defense
• Commercial
• Consumer Electronics
• Industrial
• Medical
• Other

VR Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• The Middle East & Africa (MEA)

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-virtual-reality-vr-market        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Purging Compound Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Purging Compound Market is expected to reach USD 707.9 million by 2025, according to a new report by Grand View Research, Inc. The growing plastic processing machinery industry in Asia Pacific is anticipated to be a major driving force triggering market growth.

Injection molding segment has been observing noteworthy growth in the purging compound industry. The growing demand for the mass production of various injection molded parts from end-use industries such as automotive is likely to have a positive impact on the demand for purging products in the industry.

Fluctuating raw material prices are predicted to be the major restraints during the forecast period due to volatility associated with world oil price and production. In addition, the high prices of purging compound are expected to restrain the market growth.

Companies have been adopting various strategies including expansions, acquisitions, mergers, agreements, and joint ventures. For instance, in September 2017, the Dow Chemical and DuPont merged to form Dow DuPont in order to enhance their product offerings and solutions.

Full Research Report On Global Purging Compound Market Analysis: http://www.grandviewresearch.com/industry-analysis/purging-compound-market

Further key findings from the report suggest:

• Injection molding segment is projected to register the fastest CAGR of 6.8%, in terms of revenue, from 2017 to 2025 on account of high demand for the product from the plastic processing machinery market
• Extrusion segment appeared as the major process in 2016 in the U.S. market and is expected to denote a CAGR of 4.9% over the forecast period, in terms of revenue, on account of the growing automotive, construction, and packaging industries
• Mechanical segment accounted for the major market share of 50.0% in 2016 and is predicted to witness significant growth from 2017 to 2025. The compounds are highly effective in the removal of pollutants and safe to use.
• Central & South America accounted for a market share of 11.1% in 2016 in terms of revenue. The region is anticipated to witness considerable growth from 2017 to 2025 due to the growing demand from the construction and automotive industries in Brazil and Argentina.
• The Asia Pacific purging compound market is likely to expand at the fastest CAGR, in terms of revenue, over the forecast period owing to the growing demand for the product from economies including China, Japan, and India
• Competitors have been implementing various approaches to strengthen their position in the market. Expansions and acquisitions are the key strategies adopted by market players over the past years. For instance, Formosa Plastics Corporation constructed a new polypropylene manufacturing line in the U.S. to increase its production capacity.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the Global Purging Compound Market on the basis of type, process, and region:

Type Outlook (Revenue, USD Million; 2014 - 2025)

• Mechanical purging
• Chemical purging
• Liquid purging

Process Outlook (Revenue, USD Million, 2014 - 2025)

• Extrusion
• Injection molding
• Blow molding

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa

View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-purging-compound-market        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Ammunition Market Analysis By Product, End-Use And Segment Forecast Up To 2024

Global Ammunition Market is expected to reach USD 16.07 billion by 2024, according to a new report by Grand View Research, Inc. Increasing terrorist activities, coupled with arms race amongst emerging economies in the recent past is projected to fuel industry growth over the next eight years. Civil and defense are the two key end-uses in the market. The civil end-use is further segmented into law enforcement, self-defense, and sports & hunting.

Advancements in Russian and U.S. regional markets coupled with increasing participation in shooting, hunting and sports across the world is influencing the growth of the global ammunition market. The countries such as China, South Korea, India, France, Saudi Arabia, Germany, Turkey, Israel and South Africa are expected to boost the demand further in the ammunition industry. However, high costs in research & development and international regulations are expected to hinder the market growth over the forecast period.

Additionally, the demilitarization initiatives adopted across Europe and North America are expected to reduce the demand for ammunition form the military and law enforcement sectors. However, the impacts of these factors are expected to reduce over the period of forecast.

Full Research Report On Global Ammunition Market Analysis: http://www.grandviewresearch.com/industry-analysis/ammunition-market

Further key findings from the report suggest:

• The global ammunition market size was estimated at USD 11.74 billion in 2015 and is expected to grow significantly by 2024 in light of technological advancements and development for the smart weapons to maintain law and order in developed economies.
• Bullet segment is expected to witness considerable gains at a CAGR of 3.8% from 2016 to 2024. This growth is attributed to the measures taken by different governments to introduce latest technologies for the overall advancement of the industry.
• AAI Corporation has developed an advanced light machine gun which uses 5.56mm ammo. This is also referred as telescoped ammunition and does not contain conventional brass cartridge, which reduces the weight approximately by 40% as compared to the traditional ammunition.
• Asia Pacific accounted for 32.9% of the overall revenue share in 2015 and is projected to witness high growth. Recent increase in terrorist activities along with the need to maintain internal peace and order, counties such as India, China and Pakistan are continuously enhancing their defense mechanism, which in turn is boosting the market.
• Ammunition industry is dominated by key participants including include General Dynamics Corporation, BAE Systems, Remington Arms Company, Inc., Ruag Ammotec, Poongsan Corporation, Federal Premium Ammunition and Maxam. Companies are collaborating in order to remain profitable and retain their position in the global market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the Global Ammunition Market on the basis of product, end-use and region:

Product Outlook (Revenue, USD Million, 2013 - 2024)

• Bullet
• Rocket
• Mortar
• Others

End-Use Outlook (Revenue, USD Million, 2013 - 2024)

• Civil
• Law Enforcement
• Sports and Hunting
• Self-defense
• Defense

Regional Outlook (Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Europe
• Russia
• UK
• France
• Asia Pacific
• China
• India
• Latin America
• Brazil
• Cuba
• MEA
• Saudi Arabia
• Israel

View Press Release of This Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-ammunition-market     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com

Industrial Enzymes Market Analysis By Product, Application, End-Use And Segment Forecast Up To 2024

Global Industrial Enzymes Market is expected to reach USD 9.63 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to increasing substitution of chemicals with industrial enzymes particularly in food & beverage and nutraceutical applications.

Growing applications of industrial enzymes for use in detergents and as ingredients in food processing industry is expected to fuel the demand. Proteases are extensively used in the detergent industry owing to its superior stain removal properties. However, the demand in the detergent application is expected to witness sluggish growth owing to market saturation.

Growing use of protease in bakery products is expected to drive market growth. Furthermore, increasing application scope of the product in nutraceutical industry as a digestive enzyme is expected to drive demand.

Technological advancements in the field of industrial enzymes have led to the use of the product as cleaning agents. The increasing use of enzymes or waste water treatment is also expected to drive the demand over the forecast period.

Neozymes, DSM, and Danisco dominated the global industrial enzymes market in 2015 with the industry being characterized by forward integration by manufacturers to distribution and end-use. Manufacturers such as DuPont and DSM manufacture industrial enzymes for specialized applications. The global industrial enzymes market is dominated by North America due to the presence of a large number of manufacturers in the U.S. and Canada.

Full Research Report on Global Industrial Enzymes Market Analysis: http://www.grandviewresearch.com/industry-analysis/industrial-enzymes-market

Further key findings from the report suggest:

• Industrial enzymes demand for lipases is expected to witness substantial growth, growing at over 8.0% from 2016 to 2024. Increasing demand for the product in food & beverage and textile industry is expected to augment growth over the forecast period.
• The feed additive enzymes are expected to be the fastest growing product segment, growing at over CAGR 9.0% from 2016 to 2024. The increasing use of enzymes as a protein source in animal feed is to improve performance in livestock which in turn is anticipated to drive demand over the projected period.
• Asia Pacific is expected to witness substantial growth, growing at a CAGR of over 10.0% from 2016 to 2024. Robust expansion in food processing industries particularly in Asia Pacific is expected to augment growth. Furthermore, the supportive regulations promoting the expansion of manufacturing industries is expected to have a positive impact on market growth.
• Europe accounted for over 29.0% of the market share in 2015 and is expected to witness significant growth owing to rising demand in pharmaceutical and textile industry. Stringent regulations prohibiting the use of toxic chemicals and catalysts in various applications is expected to positively impact market over the next eight years.
• Key players in the industry include BASF SE, Koninklijke DSM N.V, Novozymes A/S., Associated British Foods PLC E. I. Du Pont De Nemours and Company Adisseo France SaS, Dyadic International Incorporated CHR, Codexis Incorporated. Hansen Holding A/S, and Amano Enzyme Incorporated.

View all Related Reports from this Category: http://www.grandviewresearch.com/industry/catalysts-and-enzymes

Grand View Research has segmented the Global Industrial Enzymes Market on the basis of product, application, end-use and region:

Industrial Enzymes Market Product Outlook (Revenue, USD Million, 2013 - 2024)

• Carbohydrase
• Proteases
• Lipases
• Polymerases & nucleases
• Others

Industrial Enzymes Market Application Outlook (Revenue, USD Million, 2013 - 2024)

• Technical
• Feed additive
• Food processing

Industrial Enzymes Market End-use Outlook (Revenue, USD Million, 2013 - 2024)

• Food & beverage
• Detergents
• Animal feed
• Textile
• Paper & pulp
• Nutraceutical
• Personal care & cosmetics
• Wastewater

Industrial Enzymes Market Regional Outlook (Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa
• South Africa

View Press Release of this Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-industrial-enzymes-market

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit: www.grandviewresearch.com

Surgical Equipment Market Report Covers Revenue Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends 2014-2025

Global SurgicalInstruments/Equipment Market is anticipated to reach a value of USD 20.3 billion by 2025, according to a new report by Grand View Research, Inc. Increasing number of minimally invasive surgeries across the globe is anticipated to accelerate the market growth.

Treatment of chronic diseases often require surgeries. Rising prevalence of chronic diseases, such as, cardiovascular and neurological disorders is adversely impacting the society. Surgery is considered as the primary mode of treatment for patients suffering from such diseases, thereby, giving rise to more number of surgical procedures being conducted. Minimally invasive surgeries are also highly adopted by surgeons for treating several heart disorders.

Road and other accidents are also anticipated to raise the demand for surgical instruments in the coming years. Accident is one of the leading causes of severe injuries. Based on statistics from Association for Safe International Road Travel, around 2.35 million people gets injured every year due to such accidents. As a result, there is a high demand for wound closure surgical procedures, which in turn is expected to raise the demand for surgical tools.

Full Research Report on Global Surgical Equipment Market Analysis:  http://www.grandviewresearch.com/industry-analysis/surgical-equipment-market

Further Key Findings From the Study Suggest: 

• The global surgical equipmentmarket $10.5 Billion in 2016 and is expected to grow at 7.8% CAGR from 2017 to 2025

• Surgical sutures and staplers held the largest market share in 2016 owing to its high cost and huge application in wound closure surgeries
• Electrosurgical equipment are anticipated to witness attractive growth over the forecast period due to growing trend towards minimally invasive surgeries
• Obstetrics and gynecology dominated the market in 2016 due to large number of caesarean surgeries being performed worldwide
• Plastic and reconstructive surgeries is expected to show lucrative CAGR in the coming years due to increasing concern for esthetics among women
• In 2016, North America dominated the market due to the availability of skilled surgeons and technologically advanced surgical tools in the U.S.
• Asia Pacific is expected to show fastest growth over the forecast period owing to the rising number of road accident cases in India
• Major companies operating in the market include Becton, Dickinson and Company; Stryker Corporation; B. Braun Melsungen AG; Zimmer Biomet Holdings, Inc.; Aspen Surgical Products, Inc.; Smith & Nephew plc; Medtronic; Alcon Laboratories, Inc.; and Ethicon, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Surgical Equipment/Instruments Market on the basis of product, application and region:

Surgical Equipment/Instruments Product Outlook (Revenue, USD Million; 2014 - 2025)

• Surgical Sutures and Staplers
• Handheld Surgical Devices
• Forceps and Spatulas
• Retractors
• Dilators
• Graspers
• Auxiliary Instruments
• Cutter Instruments
• Others
• Electrosurgical Devices

Surgical Equipment/Instruments Application Outlook (Revenue, USD Million; 2014 - 2025)

• Neurosurgery
• Plastic and Reconstructive Surgery
• Wound Closure
• Obstetrics and Gynecology
• Cardiovascular
• Orthopedic
• Others

Surgical Equipment/Instruments Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-surgical-equipment-market           

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit: www.grandviewresearch.com

Cyber Security Market Size Is Anticipated To Reach $205.51 Billion By 2024

Global Cyber Security Market is expected to reach USD 205.51 billion by 2024, according to a new report by Grand View Research, Inc. The dependence of enterprises on information technology and sensitive nature of digitally stored data has raised the stake for cyber-attackers with financial gain becoming a primary motive. 

Solution providers are indulging in research and development to develop next-generation security solutions. For instance, Science Applications International Corporation (SAIC) has developed an innovative cyber security technology that helps government protect critical data, mitigate risks, and establish a comprehensive defense against cyber-attacks. There is also a greater emphasis on the intelligence-led security as conventional security technologies, such as web, content management and network security, are failing to deliver the tracking of security incidents. 

The cyber security industry is expected to witness high demand for cloud-based applications as government organizations are opting for the cloud platform for data sharing.

Full Research Report on Global Cyber Security Market Analysis: http://www.grandviewresearch.com/industry-analysis/cyber-security-market

Further key findings from the report suggest:

• The services segment is anticipated to grow at a CAGR of over 12% from 2016 to 2024. The growing demand for Security-as-a-Service (SaaS) and cloud-based solutions is expected to provide growth opportunities
• Healthcare industry is expected to reach over USD 30 billion by 2024. The health insurers are the prime target of the cyber-attacks, such as Advanced Persistent Threats (APTs) and spear phishing. The crimes and breaches in this sector are rising as the cost of stolen medical record is increasing.
• The North American cybersecurity industry is anticipated to reach over USD 61 billion by 2024. The increasing cybercrime costs are enabling the region to focus on building a strong resilience system for managing cybercrimes.
• MEA is expected to grow at a CAGR of over 12.5% from 2016 to 2024. The region is adopting digital technologies and applications at a faster pace, increasing the risk of cyber-attacks. The expansion of digitization throughout the region has made cybersecurity a necessity for organizations.
• The major players in the cybersecurity market include Fortinet Inc., Checkpoint Software Technologies Ltd, Cisco Systems Inc., Trend Micro Inc. and Symantec Corporation. The companies in the cyberspace are focusing on reducing the costs incurred in implementing security strategies by moving from solution-based products to service offerings The growing trend of security-as-a-service is increasing the adoption of services and key players are integrating with major service providers to fulfill consumer demand.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Cyber Security Market on the basis of component, security type, solutions, services, deployment, organization, application, and region:

Cyber security Component Outlook (Revenue, USD Billion, 2014 - 2024)

• Solution
• Services

Cyber security Security Type Outlook (Revenue, USD Billion, 2014 - 2024)

• Enterprise security
• Endpoint security
• Cloud security
• Network security
• Application security
• Others

Cyber security Solution Outlook (Revenue, USD Billion, 2014 - 2024)

• UTM
• IDS/IPS
• DLP
• IAM
• SIEM
• DDoS
• Risk and compliance
• Others

Cyber security Services Outlook (Revenue, USD Billion, 2014 - 2024)

• Professional services
• Managed services

Cyber security Deployment Outlook (Revenue, USD Billion, 2014 - 2024)

• Cloud
• On-premise

Cyber security Organization Outlook (Revenue, USD Billion, 2014 - 2024)

• Small and medium enterprise
• Large enterprises

Cyber security Application Outlook (Revenue, USD Billion, 2014 - 2024)

• IT & Telecom
• Retail
• BFSI
• Healthcare
• Defense/government
• Automotive
• Others

Cyber security Regional Outlook (Revenue, USD Billion, 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• MEA

View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-cyber-security-market          

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com