The research report titled Cyber Security market has recently been added by Absolute Markets Insights to its massive database which offers a lucid understanding of various business aspects of the Cyber Security market. The market report has been studied by means of primary and secondary research techniques. The report also covers the extensive data of historical records, existing scenarios, and future market growth prospects. Additionally, the report also offers SWOT analysis to discover market propellers and restraints of the businesses. The report also offers a holistic snapshot of the competitive landscape which helps to differentiate the competition at global and national level. In order to discover the risks and challenges faced by businesses, several types of business model have been examined.

Cyber security is the practice of protecting networks, programs and systems from digital attacks. These cyber-attacks are usually aimed at accessing, altering and destroying sensitive information, extorting money from users or disrupting the operations of normal business processes. The cyber security market is increasingly gaining importance across industries. For instance, the concept of a ransom attack was quite rare until only a few years ago. However, in recent years, cyber-attacks have been growing increasingly common and they are also costlier to mitigate. These crimes are causing huge financial losses to companies across the world. Organizations cite mass negative customer experiences and loss of operations and productivity as the top consequences of suffering a cyber-attack.

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The cyber security market is expected to grow at a CAGR of 13.5% during the forecast period of 2021 - 2030. The study analyzes the market in terms of revenue across all the major regions, which is further bifurcated into countries.

A successful cyber security approach has multiple layers of protection spread across the system’s computers, networks, programs, or data that requires to be protected. Government and private organizations are increasingly in need for a robust and strong security system due to growing instances of data thefts and security breaches across the world. Banks, government agencies, healthcare institutions and large corporations that maintain highly valuable and sensitive data are more likely to be attacked. Data theft and security breaches are increasing in frequency and have a huge impact on organizations. This trend largely spans across industries and company sizes. Lately, even the organizations assumed to be at low risk of a data breach such as small and medium enterprises, are increasingly finding themselves victims of cyber-attack campaigns

Top Key Players includes in this report: Accenture, Alert Logic, Inc., Armor Defense Inc., AT&T, Atos SE, Barracuda Networks, Inc., Booz Allen Hamilton Inc., Capgemini, CenturyLink, DXC Technology Company, GeekTek IT Services Inc., HCL Technologies Limited, IBM Corp., Kraft Technology Group LLC, LAN Infotech, Online Business Systems, Optiv Security Inc., Orange Business Services, SecureWorks, Inc., Sequoia Cyber Solutions, Symantec Corporation, Tata Consultancy Services Limited, TechWerxe, Trustwave Holdings, Inc., Verizon and Wipro Limited amongst several others.

Cyber Security Market:

By Deployment

On-Premise
Cloud-based
By Organization Size

Small and Medium Enterprise
Large Enterprise
By Application

Network Security
Application Security
End Point Security
Cloud Security
Others (Mobile Security, Data Security, etc.)
By Solution Type

Identity and Access Management (IAM)
Risk and Compliance Management
Encryption Data Loss Prevention
Unified Threat Management
Firewall
Others (Web Filtering, Intrusion Detection System etc.)
By Service Type

Professional Service
Managed Service
By Vertical

BFSI (Banking, Financial Services and Insurance)
Government
IT and Telecom
Aerospace and Defense
Others (Education, Retail, etc.)
By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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