Cyber Security Market Outlooks (2019-2026)
Straits Research has announced the addition of a new report titled, “Cyber Security Market”, into its vast repository of research reports. This research report evaluates the industry status, market size, competitive landscape, market share, and growth opportunity. Then, the report provides an in-depth study of all the leading factors influencing the market on a global and regional level, including key drivers, challenges, opportunities, restraints, threats, and industry-specific trends.
Global Cyber Security market was valued at USD 135.23 billion in 2017 and anticipated to grow at CAGR 8.3% during the forecast period 2019–2026.
The research report takes into consideration the drivers, restraints, trends, and opportunities of the Cyber Security market in order to identify the future of the market. The report also provides an estimation of the overall market size in terms of both value and volume and offers qualitative and quantitative insights into the key segments and the geographical subdivisions of the Cyber Security market.
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Cybersecurity refers to the protection of networks, devices, programs and data from attack or unauthorized access. Organizations transmit sensitive data across multiple networks and devices during business process. This leads to the need for cybersecurity in organizations for secured data transfer which impels the market growth.
Cybercrime activities are increasing due to connectivity through the cloud, Big data, mobile services and social media. For instance, according to Symantec internet security threat report, number of mobile malware variants increased by 54% in 2017 with an average of 24,000 malicious mobile applications being blocked each day.
Also, third-party data storage and cloud-based services are making systems vulnerable for cyber-attacks which are driving demand for the cybersecurity market. Increasing use of IoT devices is also further increasing the demand for the market.
Some of the major players in cyber security market are Cisco Systems, Inc. (U.S.), Symantec Corporation (U.S.), International Business Machines Corporation (U.S.), Amazon Web Services, Inc. (U.S), McAfee, LLC (U.S), Microsoft (U.S.), Check Point Software Technologies Ltd. (Israel), FireEye, Inc. (U.S).
With all these analyses and information, this report can act as a valuable guide to readers looking to gain a clear understanding of all the factors that are influencing the market for Cyber Security market at present and are projected to remain to do so over the forecast period.
As the report advances further, it explains developing plans and policies, making processes, cost structures of Cyber Security market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of the market, market statistics of Cyber Security market, upcoming development plans, Market gains, Contact details, Consumption ratio.
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Market Segmentation:
By Deployment, Cloud, On-premises
By Services, Professional Services, Managed Services,
By User Type, Large Enterprises, Small and Medium Enterprises (SMEs),
By End Users, IT and Telecom, Aerospace and Defense, Public Sector, Healthcare, Others
Research objectives:-
- To study and analyze the global Cyber Security consumption (value & volume) by key regions/countries, product type, and application, history data, and forecast to 2026.
- To understand the structure of the Cyber Security market by identifying its various sub-segments.
- Focuses on the key global Cyber Security manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Cyber Security with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Overall the report offers detailed coverage of Cyber Security industry and presents main market trends. This research gives historical and forecasts market size, demand and production forecasts, end use demand details, price trends, and company shares of the leading Cyber Security producers to provide exhaustive coverage of the market.
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