Global Cyber Security Market to grow at a CAGR of 12.13% during the period 2016-2020: Radiant Insights

Cyber security solutions enable organizations by monitoring, detecting, reporting, and countering cyber threats to maintain data confidentiality. With an increase in Internet penetration in emerging countries, the adoption of cyber security solutions is expected to grow. Also, with the usage of wireless networks for mobile devices such as smartphones, tablets, and laptops, these IT systems have become vulnerable to cyber-attacks.

Deep Research on ”Global Action Camera Market” Cyber security solutions enable organizations by monitoring, detecting, reporting, and countering cyber threats to maintain data confidentiality. With an increase in Internet penetration in emerging countries, the adoption of cyber security solutions is expected to grow.

Also, with the usage of wireless networks for mobile devices such as smartphones, tablets, and laptops, these IT systems have become vulnerable to cyber-attacks. Further, with the adoption of cloud-based services and emergence of IoT, IT systems have become more vulnerable to cyber-attacks.Technavio’s analysts forecast the global cyber security market to grow at a CAGR of 12.13% during the period 2016-2020.

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The report covers the present scenario and the growth prospects of the global cyber security market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of cyber security solutions

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Market driver:

Intense vendor competition

For a full, detailed list, view our report

Market challenge:

Issues with integration

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