Globally the number of cyber security incidents increased 1,637% from 3.4 million incidents in 2009 to more than 59 million incidents in 2015. In the United States the number of data breaches alone increased from 446 in 2007 to 1,579 in 2017. According to Steve Langan, chief executive at Hiscox Insurance, cybercrime cost the global economy more than $450 billion dollars in 2016.
As a result of the growing threats from viruses, worms, Denial of Service attacks and other malware the need for increasingly sophisticated cyber security solutions grows year by year. In 2017 the business sector was the most vulnerable to data breaches in the United States followed by the medical/healthcare sector, accounting for 55% and 23.7% of all data breaches respectively.
Today’s market size shows the amount industries around the world spent on database security in 2017 and the amount they are projected to spend in 2022. The market is expected to grow at a compounded annual growth rate of 18.9% due to the increase in the amount of data that needs protecting, the increase in malware threats, and the increase in regulations protecting the privacy and security of customers’ health and financial data.
Geographic reference: World
Year: 2017 and 2022
Market size: $2.95 billion and $7.01 billion respectively
Sources: “Database Security Market by Software, Service, Business Function, Deployment, Organization Size, and Vertical Global Forecast to 2022 – Research and Markets,” Business Wire Press Release, January 2, 2018 available online here; “Global Number of Cyber Security Incidents From 2009 to 2015 (in Millions),” Statista, October 2015 available online here; Luke Graham, “Cybercrime Costs the Global Economy $450 Billion: CEO,” CNBC, February 7, 2017 available online here; “Data Breaches: The Insanity Continues,” Identity Theft Resource Center, 2015 available online here; “2017 Annual Data Breach Year-End Review: Executive Summary,” Identity Theft Resource Center, 2017 available online here.
Image source: Geralt, “Binary-hands-keyboard-tap-enter-2372131,” Pixabay, June 2017 available online here.
Intraocular lenses are artificial lenses that are implanted in the eyes to replace a person’s natural lenses that were damaged by cataracts or another eye disease. Monofocal-type intraocular lenses captured the largest share of the market in 2015. Why? They cost less than other types of intraocular lenses, insurance companies are more likely to adequately reimburse providers for implanting them, and monofocal lenses have fewer post-operative complications than other types of lenses according to the source.
Skin grafting is a surgical procedure in which healthy skin is removed from one part of the body and attached to another part of the body that was damaged by burns, trauma, infection or disease. While skin grafting has been done for centuries, first recorded around 600 BC in India, most modern skin grafting has been done in the past century and a half. Since the 1870s and 1880s, the depth of the donor skin has been recognized as a major factor in healing. Back then surgeons would freehandedly remove the skin using a knife, the depth of the donor skin controlled by varying the angle of the knife. Starting in the early 1900s, various knives with attached guards that could be calibrated in order to more accurately measure the depth of the donor skin were used. In 1939, a semi-cylindrical calibrated dermatome was invented by Dr. Earl Padgett and George J. Hood. Until this time, only expert plastic surgeons would be able to cut skin grafts, but now any trained surgeon was able to do so. This was a major advancement in the treatment of wounded soldiers during World War II. Since then various technological advancements have improved the accuracy of the dermatomes surgeons use today.
According to Jim Louderback, CEO of VidCon, an annual online video conference held in Southern California, “[t]he younger you are the more likely you are to want to consume information in video form. If you’re under the age of 35, video is the way you want to be communicated with, it’s the way you want to learn and understand.” Knowing this, 56% of businesses surveyed by mobile video platform Magisto said they produce video content at least once a week, with 26% producing content daily. However, among companies that spend more than 25% of their marketing budget on video, those companies whose marketing departments are run by Millennials are less likely than those run by Generation Xers to spend money on business videos and less likely to create business video content on a daily basis.
Collaborative robots, or co-bots, are robots that work alongside human workers. Many workers are wary of the increased use of robots in general, fearing the loss of their jobs. M.I.T. and Boston University estimated that up to six people lose their jobs for each robot per 1,000 workers a company adds. Employers, however, cite increased productivity, cost savings, and healthier work environments when robots are used in the workplace. Robots can work in hazardous jobs or do repetitive tasks thereby reducing worker injuries.
According to the
Nearly 45% of blood donors are over the age of 50 and 60% are over the age of 40. According to Marie Forrestal, president of the Association of Donor Recruitment Professionals, those who grew up during World War II and their children saw giving blood as a civic duty. They realized the importance of the country keeping an adequate supply of blood on hand. People in their 20s or 30s, however, are less likely to donate than other age groups, and as a result, as the older donors age and can no longer donate, there are fewer younger people to take their place.
According to the National Coffee Association’s 2017 National Coffee Drinking Trends report, 62% of Americans drink coffee on a daily basis and 46% of coffee consumed is done so away from home. Although the recent popularity of coffee cafes may be traced back to the 1990s when Starbucks expanded across the country, TV show friends were seen hanging out at Central Perk coffeehouse, and laptops and wi-fi allowed workers to work from anywhere, coffee cafes are nothing new. The first public place to serve coffee dates back to 1475 in Constantinople, Turkey (now Istanbul).
A limited-service restaurant is one in which customers choose, order and pay for their food ahead of time. The food can be eaten in the restaurant, taken out, or delivered. Specialty limited-service restaurants specialize in one type of meal or menu item. Today’s market size shows the total sales at these types of restaurants. The top three specialty limited-service restaurants in terms of sales in 2016 were Krispy Kreme (estimated $758 million), Dickey’s Barbeque Pit (estimated $557.6 million), and Auntie Annie’s ($547.9 million).
According to the U.S. Department of Housing and Urban Development report,
Pinball machines have existed in one form or another since the 1930s. Before that, the French game Bagatelle, a predecessor to pinball, was popular in Europe and United States in the 1700s and 1800s. In the early 1930s, there were more than 100 companies manufacturing pinball machines. Before 1947 when the flipper became a part of pinball machines, pinball was considered by some a game of chance—a form of gambling—and was outlawed in many large cities, including Chicago where pinball machines were manufactured. A mayoral commission in New York City in 1941 “declared that pinball could lead youths to a life of crime.”1 The game, however, remained popular, especially in the suburbs.
E-sports are tournaments where teams of video game players compete against each other for prize money. Traditionally, fans have watched in person and online on streaming services such as Twitch and BAMTech. As e-sports have become more mainstream, fans are able to watch the tournaments on television channels such as TBS and ESPN also. An estimated 258 million people watched e-sports in 2017, an increase of 20% from 2016, according to SuperData.
Traditional Chinese medicine (TCM) is a 2,500-year-old system of diagnosis and treatment that emphasizes the prevention of diseases. TCM medicines are tailored to each individual and may need to be altered from time to time, therefore, patients are encouraged to see their TCM doctor frequently. After the fall of the Qing dynasty in 1911, TCM was regarded as superstition but in recent years the practice has seen an increase in popularity. An interest in preventative medicine as a way to avoid costly trips to the hospital as well as President Xi Jinping’s endorsement of it, calling it “the gem of Chinese traditional science,” have contributed to its popularity. In 2015 there were 452,000 licensed practitioners in China, an increase of 50% from four years prior. One-third of China’s pharmaceutical market consists of TCM medicines approved by the government.
According to the survey, Freelancing in America: 2016, commissioned by UpWork in partnership with Freelancers Union, 35% of the workforce—55 million people—in the United States were freelancers in 2016. As of June 2017, there were at least 79 active employment websites for freelancers. Employers post jobs they would like to outsource and freelancers apply for or bid on the work. Many of these jobs are temporary, an employer wanting to outsource a particular project for example. Most of the jobs listed on these sites allow the worker to work remotely.
With the popularity of tablets and smartphones, one would think that old-fashioned pen and paper would fall out of favor. But worldwide sales of pens and other writing instruments is expected to increase, from $16.2 billion in 2014 to $20.2 billion in 2019 according to the report
After the Iran Nuclear Deal took effect and some sanctions were lifted, Iran saw a surge in tourism, up three-fold since 2009. In the year ending March 2017, more than 6 million tourists visited the country. Many of the tourists were young, individual travelers from Europe and Asia who were interested in Iran’s history and culture. As a result of this influx of tourists, hotel firms from France, Spain, the United Kingdom, and the United Arab Emirates have opened or plan to open hotels there within the next few years.
Not too long ago, Winter and its accompanying snow and ice would force bicyclists to put away their bicycles until Spring. But, in recent years, fat bikes have allowed bicyclists to ride outdoors year-round. Fat bikes have very large tires that provide traction on snow. They first came on the market a decade ago, and have gone mainstream just in the past couple of years, even though a fat bike usually costs more than $1,000. According to Jay Townley, a partner in Gluskin-Townley Group, a consultant and market research company focused on the bicycle industry, “[t]he industry, quite frankly, needed something. If anything, the fat tire bike helped to keep a stable bike industry instead of losing volume.”
In the United States, more than 52 million people age 6 and above participated in wheel sports, defined as bicycling and skateboarding, in 2016. The vast majority, 45.8 million, were bicyclists; 6.4 million were skateboarders. Among bicyclists, 3.8% participated in BMX, 18.8% participated in mountain biking or rode primarily on non-paved surfaces, and the rest, 77.4%, rode their bikes primarily on roads and other paved surfaces.
In 1816, cranberries began being commercially cultivated in the United States. Centuries before that Native Americans gathered wild cranberries for food, dye, and medicine. Pemmican—a mixture of cranberries, dried deer meat, and fat tallow that would last for months—provided a reliable source of protein and fat. Pemmican became a food staple of fur traders, essential to their survival on long journeys during the winter.