cyber security Market

MARKET INTRODUCTION

Cyber security denoted as Information Technology (IT) security, emphasize safeguarding computers, networks, programs, and data from spontaneous or unlicensed access. As cyber threats have gained importance, security solutions have advanced as well. The rise in malware and phishing threats, and growth in the adoption of BYOD and IoT trend among organizations, are driving the cyber security industry growth.

MARKET DYNAMICS

The growing demand for cloud-based cyber security solutions is one of the significant factors driving the growth of the cyber security market. However, constant need to conform to cyber security industry standards, complexities of device security, regulations are some of the major factors restraining the cyber security market growth. Moreover, cyber security activities are now being prioritized to strategic business activities to diminish the damage of IT resources, which is anticipated to provides the major opportunity for cyber security market growth.

MARKET SCOPE

The "Global Cyber Security Market Analysis to 2028" is a specialized and in-depth study of the cyber security market with a special focus on the global market trend analysis. The report aims to provide an overview of cyber security market with detailed market segmentation by security type, solution, end user. The global cyber security market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cyber security market players and offers key trends and opportunities in the cyber security market.

MARKET SEGMENTATION

The global cyber security market is segmented on the basis of security type, solution, end user. On the basis of security type, the market is segmented as cloud security, network security, application security, endpoint security, wireless security, content security, others. On the basis of solution, the market is segmented as identity and access management, encryption, risk and compliance management, data loss prevention, antivirus/antimalware, firewall management, others. On the basis of end user, the market is segmented as BFSI, IT and telecommunications, hospitality and retail, healthcare, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cyber security market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cyber security market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting cyber security market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cyber security market in these regions.

MARKET PLAYERS

The reports cover key developments in the cyber security market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cyber security market are anticipated to lucrative growth opportunities in the future with the rising demand for cyber security market. Below mentioned is the list of few companies engaged in the cyber security market.

The report also includes the profiles of key cyber security market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Cisco Systems, Inc.
- FireEye, Inc.
- Hewlett-Packard Enterprise Development LP
- IBM Corporation
- Intel Corporation
- AO Kaspersky Lab
- RSA Security LLC
- Sophos Ltd.
- Symantec Corporation
- Trend Micro, Inc.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.