DUBLIN--(BUSINESS WIRE)--The "Worldwide Wearable devices cybersecurity market; Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023. By device type; By security type; By Industry" report has been added to ResearchAndMarkets.com's offering.
The Worldwide Wearable Device Security market is expected to become a $702.6 million market, by growing at a CAGR of 16.4% during the forecast period 2017-2023.
Wearable devices are segmented into Smartwatch, Head-mounted display, Body-worn camera and Others. The smartwatch segment includes, wrist bands, fitness bands and smart watches. The head mounted display segment includes, AR/VR devices and smart glasses. Smart watches are the dominating sub-segment which is expected to account for more than 69% of the segment's revenues, followed by head mounted displays. The devices that are needed for cybersecurity accounts for less than 10% of the total wearables that are in use today. However, this segment is currently driven by increasing cyber vulnerabilities. Increasing information storage in the wearables would lead to a trend, cybersecurity as a commodity.
The Security Types include, Cloud Security, Application Security, Network Security and others. Currently, cloud security and application security solutions are quite popular among cybersecurity vendors and consumers, owing to their vital range of security capabilities. The network security is expected to continue grabbing attention from the vendors and wearable device OEMs owing to the increasing network level authentication vulnerabilities and data breaches.
The industries include, Healthcare, Corporate & IT, Manufacturing, Retail, Automotive, BFSI, Government and Others. The healthcare industry is the leading adopter of wearable device cyber security as the devices comprises huge volumes of customer data including, user's health, demographic details, biometric passwords and others. The vital use cases of wearables have led to the need for cyber security across the industries.
- Apple Inc.
- Argus Cyber Security
- Arilou Cyber Security
- ESCRYPT - Embedded Security
- Karamba Security
- Microsoft Corporation
- Secunet Security Networks AG
Key Topics Covered
1 Industry Outlook
2 Report Outline
3 Market Snapshot
4 Market Outlook
5 Market Characteristics
6 Device Types: Market Size and Analysis
7 Security Type: Market Size and Analysis
8 Industry: Market Size and Analysis
9 Regions: Market Size and Analysis
10 Vendors Profiles
11 Companies to Watch for
12 Mergers & Acquisitions
13 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/v348fw/worldwide?w=4