Container Security Scanning Market Surging at 8% CAGR Driven by Increasing Number of Cyber-Attacks: Fact MR Study
NEW YORK, June 23, 2021 /PRNewswire/ --The global container security scanning market is anticipated to exceed a valuation of US$ 3.5 Bn in 2021. Fact.MR estimates that container security scanning market revenues will grow positively at compound annual growth rate (CAGR) of 8% over forecast period 2021-2031.
Cybercrime costs around US$ 6 trillion globally, which equates to a loss of US$ 190,000 per second. Container security scanning was introduced in order to prevent and reduce security issues as number of cyber-attacks and hacking of confidential information has increased across the world. Hence, increasing applications will drive market growth.
According to the United Nations Conference on Trade and Development, goods traded in 2019 recorded more than US$ 19.5 trillion. Nearly 60% of the trade was seaborne. With seaborne trade forecast to increase in tandem with expanding international trade, businesses are acknowledging the importance of secure supply chain.
Companies are spending a lot of money on security systems to protect their data. According to study by Fact.MR, the global security market is expected to reach $170 billion by 2022. Furthermore, the exponential growth due to internet connections has fueled risk of cyber-attacks in a various industries. Thus, rising investments on security systems driving market growth.
"Numerous cloud service providers are collaborating with container security scanning companies to improve protection and alleviate customer concerns about security issues. This will result in greater adoption of container security across a variety of industries," says a Fact.MR analyst.
Request a report sample to gain comprehensive insights at
Explore tables and figures of the study. Request ToC of the report at
Key players are focusing on product developments, patent acquisitions, partnerships, and mergers, and acquisitions to increase market revenues. For instance,
More Valuable Insights on Container Security Scanning Market
Fact.MR, in its new offering, presents an unbiased analysis of the global container security scanning market, presenting historical market data (2016-2020) and forecast statistics for the period of 2021-2031. The study reveals essential insights on the basis of cluster (single node and multiple node), deployment (on-premise and cloud), organization size (large enterprises and small & medium enterprises), and vertical (healthcare, BFSI, government, retail, IT and telecom, manufacturing, and others), across seven regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
Explore Fact.MR's Coverage on the Technology Domain
3D Scanner Market - On the basis of rising concern for quality assurance, inspection management, and engineering rescheduling, the 3D scanner market has acquired enormous traction across the globe, with numerous applications and technologies. Over the forecast period of 2019-2027, the global 3D scanner market is expected to rise at a rapid pace.
Electronic Security Systems Market - The global electronic security systems market is predicted to develop due to the high acceptance rate of electronic security systems in various business domains. Upgrades to integrated electronic security systems, such as remote monitoring and control, have sparked a boom in demand for such improved systems in the global electronic security systems market.
OCR Scanning Software Market - The market for OCR Scanning Software is expected to increase steadily between 2021 and 2031. Optical character recognition (OCR) software is a program that converts printed text into digital text. OCR software is used in conjunction with a scanner to turn printed characters into digital text. The user can utilize OCR scanning software to search or edit documents in a word processing program.
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & technology, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.
Keynote Presentation - Open to all Badge Holders
ITEXPO #TECHSUPERSHOW Expo Hall Open
Face the Music: The New Age of Bluetooth