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Global Cyber Security Market Size study, by Type of Security (Network Security, Cloud Security, Application Security, End-Point Security, Wireless Network Security, Others), by Solution (Threat Intelligence and Response, Identify and Access Management, Data Loss Prevention, Threat Mitigation, Intrusion Prevention System, Unified Threat Management, Others), by Deployment (On-cloud, On-premises), by Industry (Aerospace, Defense and Intelligence, Banking, Financial Services and Insurance, Manufacturing, Retail, Public Utility, IT and Telecommunication, Others) and Regional Forecasts 2018-2025
Global Cyber Security Market to reach USD XX billion by 2025.
Global Cyber Security Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Cyber Security Market is continuously growing across the world over the coming years. Cyber security solutions help an organization to monitor, detect, report, and counter cyber threats to maintain data confidentiality. The adoption of cyber security solutions is expected to grow with the increasing penetration of internet among developing and developed countries. Also, the expanding wireless network for mobile devices has increased data vulnerability making cyber security an integral part of every single organization across the world. Rise in the Frequency & Sophistication of Cyber Threats, surge of disruptive digital technologies which includes IOT across industry verticals, enhancement in the number of supply chain based attacks and strict data protection regulations are the substantial drivers of the market across the globe. Moreover, growth in the e-commerce penetration, which is likely to creating numerous opportunity in the near future. Further, cyber security allows employees to work safely, it protect productivity of the users, it prevents adware, it can provide comprehensive digital protection to the businesses and so on. These benefits also rising demand of Cyber Security among its users. However, limited security budget among SMEs, lack of skilled workforce and use of pirated and open source cyber security solution are the factors that limiting the market growth of Cyber Security across the world.
The regional analysis of Global Cyber Security Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to growing awareness of cyber security among SMEs and presence of prominent player offering advanced cyber security solution in the region. Europe is estimated to grow at stable rate in the global Cyber Security market over the upcoming years. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to increasing technology adoption and strict directives for data privacy in the region.
The major market player included in this report are:
• AVG Technologies
• Cisco Systems, Inc.
• Dell Technologies, Inc.
• Fireeye Inc.
• IBM Corporation
• Intel Security
• Symantec Corporation
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type of Security:
* Network Security
* Cloud Security
* Application Security
* End-Point Security
* Wireless Network Security
* Threat Intelligence and Response
* Identify and Access Management
* Data Loss Prevention
* Threat Mitigation
* Intrusion Prevention System
* Unified Threat Management
* Defense and Intelligence
* Financial Services and Insurance
* Public Utility
* IT and Telecommunication
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Cyber Security Market in Market Study:
* Key Consulting Companies & Advisors
* Large, medium-sized, and small enterprises
* Venture capitalists
* Value-Added Resellers (VARs)
* Third-party knowledge providers
* Investment bankers
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