The digital security control market report entails current and upcoming opportunities of the DSC market on the basis of applications and geographic regions, which are expected to retain a high growth rate for the market during the forecast period. An increasing demand for DSC is expected in the APAC region in the next few years.
North America leads in terms of the number of players dealing with providing DSC systems and solutions. This region provides a wide platform for carrying out manufacturing, designing, and operating services in the industry. The U.S.-based players dominate the overall global DSC market. However, the increasing growth of the penetration of the DSC solutions and services in the APAC region is increasing the market size of this industry. The use of DSC products and services in banking, financial, healthcare, and government institutes and agencies, in the countries of APAC, is driving the growth of this market in the APAC region. The market in the APAC region is expected to grow at an estimated CAGR of 15.71% between 2015 and 2020.
Digital Security Control Market
The market report covers all aspects of the DSC market in terms of the hardware, software, services, applications, and geographic analysis. The report covers the application segment, which includes mobile security & telecommunication, finance & banking, healthcare, and commercial among others.
Key revenue pockets for the DSC market are healthcare and other applications such as government, transportation, and finance and banking. This is mainly because of the use of DSC products and solutions in these sectors to provide high authentication services for securing an individual’s digital identity. Major players in this market are Gemalto N.V. (Netherlands), FireEye, Inc. (U.S.), Oberthur Technologies (Japan), Safenet, Inc. (U.S.), and Vasco Data Security International, Inc. (U.S.).
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The global market is estimated to grow from USD 6.56 billion in 2014 to USD 14.6 billion by 2020, at a CAGR of 13.01% between 2015 and 2020. The healthcare application is expected to grow at a CAGR of 19.98% between 2015 and 2020. The APAC region is expected to be the fastest-growing region for the DSC market followed by Europe, and North America.
