MARKET OPPORTUNITY
The Total Addressable Market (TAM) for the US healthcare industry will reach $1.6T by 2028.
The healthcare industry is the largest and most breached sector in the world, followed closely by the financial industry, with recent reports suggesting that the cost of a data breach within the healthcare sector is in the region of $10.6M. (ref)
According to analysts, the TAM for the US Healthcare industry will reach around $1.6T by 2028. (ref)
Additionally, the Financial Market is projected to reach $1.06T by 2029. (ref)
simpliPRIVACY’s platform makes data privacy intuitive and adaptive through AI technology, secured within a blockchain environment.
By providing a highly secured network platform (PaaS) that focuses primarily on the security of data being transferred between healthcare practitioners, the goal is to ensure the minimization of data breaches, which if they occur, further minimize the level of data that is compromised.
While our initial focus is the healthcare sector, the platform is industry-agnostic, allowing seamless incorporation into other industries such as banking, mortgage, credit, e-commerce, and more.