Rising Number of Cybercrimes is Bolstering the Demand of Cybersecurity Systems
Cybercrime is one of the greatest threats to every company in the world because of the increasing reliance of the people on the internet. Majority of the users are easy target for cybercriminals due to lack of awareness and netiquette.
Pune, India – June 29, 2019 /MarketersMedia/ —
Meticulous Research® – leading global market research company published a research report titled “Cybersecurity Market by Product (Solutions, Services), End-use Industry (Aerospace and Defense, Government, Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Healthcare, Retail, Manufacturing, Energy and Utilities, Others), Security Type (Network, Content, Endpoint, Application, Cloud security), Organization Size (SMEs, Large Enterprises), and Region – Global Forecast to 2025”.
Increasing Number of Cybercrimes Spur the Demand for Cybersecurity Services
Cybercrime is one of the greatest threats to every company in the world because of the increasing reliance of the people on the internet. Majority of the users are easy target for cybercriminals due to lack of awareness and netiquette. Over the last few years, high profile cases of cyber hacks have increased significantly. For instance, the Anti-Phishing Working Group (APWG) recorded more than 1.2 million cyber-attacks in 2016. Moreover, there were more than 4000 ransomware attacks every day in 2016 (FBI). Therefore, such huge and continuously rising number of cyber-crimes that people, businesses, and governments face on a daily basis are driving the demand for cybersecurity services.
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Network Security Segment Dominates the Global Cybersecurity Market in 2018
Based on security type, global cybersecurity market is mainly segmented into network security, content security, endpoint security, application security, and cloud security, among others. Owing to rise in the number of security breaches targeting networks where hackers try to gain access to sensitive data, network security is gaining the largest share of the global cybersecurity market in 2018. While, the application security segment is projected to grow at a significant pace in the next few years due to the increasing number of malwares, APTs, and phishing attacks.
BFSI Industry Vertical Dominates the Global Cybersecurity Market in 2018
BSFI commanded the largest share of the global cybersecurity market in 2018. The major share of this segment is mainly attributed to the increase in need for providing sealed security and digital privacy in financial institutions. Moreover, rise in the adoption of smartphones, internet banking, and cloud is further driving the growth of the cybersecurity market in this sector.
North America Dominates the Market, While Asia-Pacific leads the Growth
North America commanded the largest share of the global cybersecurity market in 2018, followed by Europe and Asia-pacific. The major share of this region is mainly attributed to the factors such as the growing need among organizations to reduce the misuse of the internet, improve employees’ productivity, and address attacks on their IT infrastructures. While, Asia-Pacific region is projected to grow at a significant pace in the next few years, mainly due to rapid economic growth and regulatory reforms & economic stability.
Key Players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 5 years (2015-2019). The key players operating in the global cybersecurity are Symantec Corporation (U.S.), BAE Systems Inc. (U.K.), Check Point Software Technologies Ltd. (Israel), FireEye, Inc. (U.S.), Cisco Systems, Inc. (U.S.), EMC Corporation (U.S.), Trend Micro Incorporated (Japan), Rapid7 (U.S.), Sophos Ltd. (U.K.), McAfee, LLC (U.S.), Micro Focus (U.K.), Microsoft Corporation (U.S.), Splunk Inc. (U.S.), F5 Networks, Inc. (U.S.), Proofpoint, Inc. (U.S.), RSA Security LLC. (U.S.), Amazon Web Services, Inc (U.S.), Juniper Networks, Inc. (U.S.), Fortinet, Inc. (U.S.), Oracle (U.S.), CyberArk Software Ltd. (U.S.), Forcepoint LLC (U.S.), F-Secure (Finland), Qualys, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), IBM (U.S.), and Imperva, Inc. (U.S.).
Browse in depth report: https://www.meticulousresearch.com/product/cybersecurity-market-research-report-5007/
Key Topics Covered in This Report:
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Market Ecosystem
1.4. Currency and Limitations
1.4.1. Currency
1.4.2. Limitations
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
2.1.4. Assumptions
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2 Restraints
4.2.3. Challenges
4.2.4. Opportunities
4.2.5. Trends
4.3. Regulatory Analysis
4.4 Market Share Analysis, key Player
5. Global Cyber Security Market, by Product Offering
5.1. Introduction
5.2. Solutions
5.2.1. Identity and Access Management (IAM)
5.2.2. Risk and Compliance Management
5.2.3. Encryption
5.2.4. Data Loss Prevention (DLP)
5.2.5. Unified Threat Management (UTM)
5.2.6. Firewall
5.2.7. Antivirus/Antimalware
5.2.8. Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
5.2.9. Others
5.3. Services
5.3.1. Professional Services
5.3.1.1. Design and Implementation
5.3.1.2. Risk and Threat Assessment
5.3.1.3. Consulting
5.3.1.4. Training and Education
5.3.1.5. Support and Maintenance
5.3.2. Managed Services
6. Global Cyber Security Market, by End-use Industry
6.1. Introduction
6.2. Aerospace and Defense
6.3. Government
6.4. Banking, Financial Services, and Insurance (BFSI)
6.5. IT and Telecom
6.6. Healthcare
6.7. Retail
6.8. Manufacturing
6.9. Energy and Utilities
6.10. Others
7. Global Cyber Security Market, by Security Type
7.1. Introduction
7.2. Network Security
7.3. Content Security
7.4. Endpoint Security
7.5. Application Security
7.7. Cloud Security
7.7. Others
8. Global Cyber Security Market, by Organization Size
8.1. Introduction
8.2. Small and Medium-sized Enterprises (SMEs)
8.3. Large Enterprises
9. Geographic Analysis
9.1. Introduction
9.2. North America
9.2.1. Introduction
9.2.2. U.S.
9.2.3. Canada
9.2.4. Mexico
9.3. Europe
9.3.1. Introduction
9.3.2. U.K.
9.3.3. Germany
9.3.4. France
9.3.5. Rest of Europe
9.4. Asia Pacific
9.4.1. Introduction
9.4.2. China
9.4.3. Japan
9.4.4. India
9.4.5. South Korea
9.4.6. Australia and New Zealand
9.4.7. Rest of Asia Pacific
9.5. Rest of World
9.5.1. Introduction
9.5.2. Latin America
9.5.2.1. Introduction
9.5.2.2. Brazil
9.5.2.3. Argentina
9.5.2.4. Rest of Latin America (RoLATAM)
9.5.3. Middle East and Africa
10. Competitive Landscape
10.1. New Product Launches & Upgradation
10.2. Acquisitions and Expansions
10.3. Agreements, Partnerships, and Collaborations
11. Company Profiles (Business Overview, Financial Overview, Product & Service Portfolio, Strategic Developments)
11.1. Symantec Corporation
11.2. BAE Systems Inc.
11.3. Check Point Software Technologies Ltd.
11.4. FireEye, Inc.
11.5. Cisco Systems, Inc.
11.6. EMC Corporation
11.7. Trend Micro Incorporated
11.8. Rapid7
11.9. Sophos Ltd.
11.10. McAfee, LLC
11.11. Micro Focus
11.12. Microsoft Corporation
11.13. Splunk Inc.
11.14. F5 Networks, Inc.
11.15. Proofpoint, Inc.
11.16. RSA Security LLC.
11.17. Amazon Web Services, Inc
11.18. Juniper Networks, Inc.
11.19. Fortinet, Inc.
11.20. Oracle
11.21. CyberArk Software Ltd.
11.22. Forcepoint LLC
11.23. F-Secure
11.24. Qualys, Inc.
11.25. Palo Alto Networks, Inc.
11.26. IBM
11.27. Imperva, Inc.
12. Appendix
12.1 Questionnaire
12.2. Available Customization
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