Inspection Machines (Pharmaceutical And Medical Devices) Market - Global Opportunity Analysis and Industry Forecast (2017 – 2022)

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  The global  inspection machines market  will increase at a CAGR of 5.7% from 2017 to 2022 to USD 846.4 million by 2022 , driven by growing aging population, increase in chronic and infectious diseases, increasing growth of pharmaceutical market, and various technical advancements. In addition, emergence of new application areas further provides significant opportunities for the various stakeholders in the global inspection machines market.However, the high cost of inspection machines and the growing adoption of refurbished machines is expected In the era of automation, technologically updated inspection equipment helped to overcome the problems associated with traditional approaches which used labour-intensive methods that resulted in the increase of manufacturing lead time and production cost. In addition, there is a significant delay in detecting an out of control limit. Thus, the products that are not conforming to the specified standards accrue to the additional cost of scra
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The rapidly increasing cybercrimes and continuously increasing demand for security services are driving the growth of global cybersecurity market

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Cybersecurity is a practice of protecting programs, networks, and systems from digital attacks. These cyberattacks are usually aimed at accessing, changing, damaging, or destroying sensitive data, and interrupting business and public sector processes. The rapidly increasing cybercrimes and continuously increasing demand for security services to mitigate the risk of cyberattacks are driving the growth of global cybersecurity market. The global cybersecurity market is witnessing consistent growth and is expected to maintain its growth throughout the forecast period. Meticulous Research® in its latest publication estimates that the cybersecurity market will increase at a CAGR of 11.2% from 2019 to 2027 to reach $300.9 billion by 2025.
To provide efficient analysis, Meticulous Research has segmented this market on the basis by component (solution, services), type (network security, endpoint security, application security, cloud security), deployment (on-premises, cloud), industry size (SME, large enterprises), industry vertical (aerospace and defense, government, BSFI, IT & telecom, healthcare, retail, manufacturing and others) and region – global forecast to 2027.’’
Geographic Review:
Geographically, North America commanded the largest share of the cybersecurity market followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. The major share of North America is mainly attributed to high awareness for cybersecurity solutions and growing number of cyberattacks in the region in the recent past. Growing investments in network security, rapid adoption of IoT solutions, and increasing threats of cyberattacks are further supporting the growth of the cybersecurity market in North America. However, the Asia-Pacific region is promising fastest growth of cybersecurity market due to the rapid economic development, digitization in developing countries, increasing adoption of cloud-based solutions, and increased sophistication of cyber-attacks in the region.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst:
On the basis of component, the cybersecurity market is segmented into solutions and services. The solutions segment claimed majority share of the global cybersecurity market in 2018. This segment is expected to lead throughout the forecast period as various cybersecurity solutions are increasingly creating a huge impact as the first line of defense for data security. Owing to the sophisticated modern design of firewalls capable of tackling issues such as denial of service and frauds, cybersecurity solutions have become an essential tool for securing sensitive data of an organization. Furthermore, factors such as prevention of long-term evolution networks against unlawful messages and malicious attacks are also driving the demand of various cybersecurity solutions.
In terms of industry verticals, the market is segmented into aerospace & defense, government, BFSI, IT & telecom, healthcare, retail, and manufacturing, among others. Among these, the demand for cybersecurity solutions in healthcare vertical is expected to grow at a fastest pace during the forecast period. In the recent past, the healthcare industry faced some of the biggest cybercrimes, exposing critical and confidential information of thousands of patients. This has created a sense of urgency among healthcare organizations to implement cybersecurity solutions. Thus, increasing concerns among healthcare organizations for patient data security are expected to support the growth of the cybersecurity solutions market for the healthcare industry.
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Key Players:
The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players in this market including Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.) ,IBM (U.S.), Check Point Software Technologies Ltd. (Israel), F5 Networks, Inc. (U.S.) ,FireEye, Inc. (U.S.) ,Splunk Inc. (U.S.) ,Symantec Corporation (U.S.), Oracle (U.S.) ,Microsoft Corporation (U.S.) ,Intel (U.S.) Imperva Inc(U.S.), CyberArk Software Ltd. (U.S.), RSA Security LLC. (U.S.) among others.
Key questions answered in the report:
  • What was the historical market for cybersecurity worldwide?
  • What are the market forecasts and estimates for the period 2019-2025?
  • What are the major drivers, restraints, opportunities, and challenges in the cybersecurity market?
  • Who are the major players in the cybersecurity market?
  • How the competitive landscape in the cybersecurity market?
  • What are the different strategies adopted by the major players in the cybersecurity market?
Download 220 Market Data Tables and 34 Figures spread through 235 Pages and in-depth TOC:
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