Study Finds U.S. Firms Spend $15 Million Per Year on Cybercrime
$15 million is one-fifth higher than last year, 82% more than 2010.
$15 million is one-fifth higher than last year, 82% more than 2010.
Among the various regions forecast in the report, North America led the overall market, accounting for nearly 34% market share in 2013.
The global Internet of Things market is projected to increase at a compound annual growth rate (CAGR) of 33.2% from 2015 to 2020.
IHS projects electromechanical locks to see the most uptake over the next 5-8 years, representing nearly 77% of the total electronic lock market globally this year.
Changing legislation and initiatives such as Next Generation 911 are seen as growth drivers.
Research conducted for the National Retail Federation surveyed 100 senior loss prevention executives from various sectors in the retail market during March and April of this year.
Research firm Markets and Markets projects a compound annual growth rate (CAGR) of 8.7% between 2015 and 2020.
Fingerprint, iris image and voice recognition modalities to generate the greatest revenue between 2015 and 2024.
North America is expected to experience the highest revenue generating segment with a value of $18.7 billion.
Mobile device platforms have become increasingly notable to hackers and cybercriminals as consumers do most of their transactions through their mobile devices.