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Latin America Telehealth Market to be Worth $33.55 Billion by 2030
The Latin America Telehealth Market is projected to reach $33.55 billion by 2030, at a CAGR of 17.7% from 2023 to 2030. Telehealth refers to the use of information and communication technology to provide access to health assessment, diagnosis, intervention, consultation, supervision, and information remotely.
Industrial Control Systems Security Market 2030: Security Type and Industrial Growth
According to a new market research report titled, ‘Industrial Control Systems Security Market by Offering, Security Type (Network Security, Cloud Security), Organization Size, Application (Identity & Access Management, Firewalls), and End-use Industry (Energy & Utilities, FMCG) – Global Forecast to 2030,’ the industrial control systems security market is projected to reach $30.2 billion by 2030, at a CAGR of 10.1% during the forecast period 2023–2030.
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Industrial control systems (ICS) are digital devices used for industrial process control. These systems are used for controlling and monitoring industrial processes. ICS security is an area of concern for organizations for safekeeping and securing control systems from cyber-attacks. This involves safeguarding industrial control systems, the integrated hardware and software designed to monitor and control the operational process, and associated devices in industrial environments.
The significance of ICS security is growing in the industrial sector due to increasing cyber-attacks on operational processes to cause harm to critical production systems. Several organizations are increasingly implementing cybersecurity solutions & services to understand and reuse threat patterns and identify new threats. They provide wider security solutions and simplify cyber-attack recognition and acknowledgment procedures. Thus, there is an increasing demand for ICS security solutions in the industrial sector.
Based on offering, in 2023, the services segment is expected to account for the largest share of the industrial control systems security market. The large market share of this segment is attributed to the rising demand for cybersecurity services in the industrial sector and the growing need to improve business processes by protecting networks against unauthorized access and securing device connectivity. However, the software segment is projected to register the highest CAGR during the forecast period.
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Based on security type, in 2023, the network security segment is expected to account for the largest share of the industrial control systems security market. The large market share of this segment is attributed to the rising adoption of network services, growing data security & privacy concerns, and the increasing demand for network security software solutions due to the growth in malware attacks. However, the cloud security segment is expected to record the highest CAGR during the forecast period. The growth of this segment is driven by increasing demand for malware scanning and identity access management among industrial organizations and the rising adoption of cloud-based models in ICS environments.
Based on organization size, in 2023, the large enterprises segment is expected to account for the larger share of the industrial control systems security market. The large enterprises segment is expected to continue its dominance in the industrial control systems security market in the coming years due to the strong IT-OT infrastructure of large enterprises and the availability of skilled IT-OT personnel to manage ICS security platforms. Furthermore, large enterprises have a stable financial backup, which allows them to easily procure customized ICS security solutions. However, the small and medium-sized enterprises segment is expected to record the highest CAGR during the forecast period.
Based on application, in 2023, the identity & access management segment is expected to account for the largest share of the industrial control systems security market. The large market share of this segment is attributed to the rapid increase in industrial control systems in the manufacturing sector and the growing demand for IAM solutions due to rising security concerns in the industrial sector. However, the risk & compliance management segment is projected to register the highest CAGR during the forecast period.
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Based on end-use industry, in 2023, the energy & utilities management segment is expected to account for the largest share of the industrial control systems security market. The large market share of this segment is attributed to the proliferation of connected devices and the increasing incorporation of advanced technologies in the energy & utilities sector. However, the FMCG segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by the adoption of advanced technologies in the FMCG market due to frequent changes in consumer preferences and increasing data breaches in FMCG companies.
Based on geography, in 2023, North America is expected to account for the largest share of the industrial control systems security market. The large market share of this segment is attributed to increasing government initiatives, rising cyberattacks in the industrial sector, and growing advanced technologies in the region. However, Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this market is attributed to the advent of Industry 4.0 and increasing cyberattacks in the industrial sector.
The key players operating in the industrial control systems security market are Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), IBM Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), ABB Ltd (Switzerland), Honeywell International, Inc. (U.S.), Schneider Electric SE (France), BAE Systems plc (U.K.), Applied Risk (Netherlands), Verve Industrial Protection (U.S.), CrowdStrike Holdings, Inc. (U.S.), Sophos Ltd. (U.K.), Claroty Ltd. (U.S.), Imperva, Inc. (U.S.), Trend Micro Incorporated (Japan), Darktrace Holdings Limited. (U.K.), Cyberbit Ltd (Israel), AO Kaspersky Lab (Russia), Radiflow LTD (Israel), Positive Technologies (Russia), and Airbus SE (Netherlands).
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/industrial-control-systems-security-market-5339
Network Security Firewall Market to Reach $16.2 Billion by 2030
Network Security Firewall Market by Component (Solutions, Services), Type (Unified Threat Management, Next-generation Firewall), Deployment Mode, Organization Size, and Sector (BFSI, Retail, and Other Sectors) and Geography – Global Forecast to 2030
The Network Security Firewall Market to reach $16.2 billion by 2030 at a CAGR of 19.7% during 2023–2030. The growth of the network security firewall market is driven by the rising government regulations encouraging the demand for network security firewalls, the growing significance of network security firewall solutions in the BFSI sector, the increasing demand for network security and privacy, and the advancement of digital transformation in the telecommunication industry. However, the lack of preventive firewall maintenance restrains the growth of the network security firewall market.
Further, the growing need for network security firewall solutions among SMEs and increasing adoption of network function virtualization is expected to create market growth opportunities. Also, misconceptions & lack of knowledge regarding network security firewall solutions are challenging for the players operating in this market.
Analytical Standards Market Worth $2.66 Billion By 2027
Analytical Standards Market by Type, Category (Primary, Secondary), Technique [Spectroscopy, Chromatography, Titrimetry], Industry [Environmental, Food (GMO, Carbohydrate), Petrochemistry (Diesel, Gasoline), Forensics], and Application – Global Forecast to 2027
The Analytical Standards Market is expected to grow at a CAGR of 6.8% from 2020 to 2027 to reach $2.66 billion by 2027. An analytical standard is a compound of known concentration and high purity, used as a calibration standard for a given assay. The growth in this market is majorly driven by rising safety concerns in the food and pharma industry, technological advancements leading to new product developments, and growing environmental safety concerns. Further, significant opportunities from an emerging market, continually growing biosimilars industry, and continuous advancements in separation techniques offer significant growth opportunities for the players operating in the analytical standards market.
Antiviral & Antimicrobial Coatings Market Worth $8.53 Billion by 2028
Antiviral & Antimicrobial Coatings Market by Type (Antimicrobial, Antiviral), Material (Copper, Silver, Aluminum), Form (Powder, Aerosol), Application (Healthcare, Building & Construction, Automotive, Packaging), and Geography – Forecast to 2028
The Antiviral & Antimicrobial Coatings Market is expected to grow at a CAGR of 11.7% from 2021 to 2028 to reach $8.53 billion by 2028. Antiviral & antimicrobial coatings are used to restrict the growth of viruses and other microorganisms. These coatings provide long-lasting protection against microorganisms and help maintain permanent hygiene. They have wide applications in healthcare, building & construction, food & beverage, packaging, air & water treatment, automotive, protective clothing, and other industries like oil & gas, electronics, and aeronautics & defense.
The growth of this market is mainly attributed to the increasing incidence of healthcare-associated infections, the rising number of food product recalls due to microbial contamination, and government initiatives & funding for the development of antimicrobial coatings. Favorable development in the emerging economies is expected to offer significant growth opportunities for players in this market. However, stringent government regulation on the emission of volatile organic compounds (VOCs) is expected to restrain the growth of this market to a certain extent. Additionally, the growing antimicrobial resistance among micro-organisms is expected to pose challenges to market growth.
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The article unveils the dynamic ways in which ChatGPT is changing the game, offering a deep dive into the realm of personalized tutoring. Imagine an educational experience where each student receives tailored guidance and support, adapting to their unique learning styles and pace. ChatGPT's intelligent capabilities bring forth a paradigm shift in tutoring methodologies, fostering an environment where individual needs are not just met but anticipated.
Pick and Place Robots Market to Reach $10.9 Billion by 2030
The growth of this market is attributed to the rising adoption of Industry 4.0 and the Internet of Things (IoT) technologies, increasing adoption of automation in various industries such as food and beverage, automotive, and electronics, and growth of pick and place robots in the e-commerce industry.