123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Global Cyber Security Market

Profile Picture
By Author: Dimitri Maximize
Total Articles: 5
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Global Cyber Security Market was around US$ 92.7 Bn in 2017 and is expected to grow at a CAGR of around 10.81% in the forecast period of 2018-2026.

The cyber security market is by segmented component, organization size, deployment mode, security type, industry, and region. In terms of component, the cyber security market is categorized into solution, services, professional, and managed. Based on organization size, the cyber security market is classified into large enterprise, and SMEs. On the basis of deployment mode, the cyber security market is segmented into cloud, and on-premises.

In terms of security type, the cyber security market is segregated into application security, wireless security, endpoint security, network security, cloud security, and others. Based on industry, the cyber security market is categorized into banking, financial services, and insurance, government, aerospace & defense, IT and telecom, manufacturing, healthcare, energy & utilities, retail, and others. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Improved security along ...
... with enhanced defense & speed are some of the major drivers for the cyber security market. In addition to this, it is the protection of confidential company data as well as providing protection against virus, malware. That forms some other key factors to have driven the cyber security market. Protecting individual private information along with networks and resources are some other key factors driving the cyber security market. In addition, the cyber security also help to fight against computer hackers and identity theft as well. A strong cyber security layer in a business environment is aimed to detect, prevent, and react to the network attack or cyber-attack at the time of intrusion. A scalable and flexible strategy while taking advantage of the requisite solution prepares an organization to combat unforeseen challenges to their security infrastructure.

cyber security market

In terms of deployment mode, the demand for cloud-based cyber security solutions is increasing due to cost-effectiveness and time-efficient features of cloud. The growth of cyber security is specifically high in enterprises, where the low-cost solutions are much required.

Based on industry, the healthcare industry vertical is anticipated to grow at the highest CAGR from 2017 to 2026, as the medical data and digital medical devices used in cyber security industry vertical are prone to advanced threats. The government is anticipated to have largest market size in 2017, due to the increased adoption of cyber security solutions in this industry vertical. The Banking, Financial Services, and Insurance, Information Technology, and telecom industry verticals are also estimated to gain traction during the forecast period.

North America is estimated to hold the largest market size in 2018. The North America is estimated to become the largest region for cybersecurity market in 2017 followed by Europe. This is mainly because in the developed economies of the US and Canada, there is a high focus on innovations obtained from Research and Development (R&D), and technology.

The key players of cyber security market include IBM Corporation (US), McAfee LLC (US), Symantec Corporation (US), Hewlett Packard Enterprise (US), and Trend Micro, Inc. (Japan).
Scope of Global Cyber Security Market:-

Global Cyber security Market by Component:

• Solution
• Services
• Professional
• Managed

Global Cyber security Market, by Organization Type:

• Large Enterprise
• SMEs

Global Cyber security Market, By Deployment Mode

• Cloud
• On-premises

Global Cyber security Market, By Security Type

• Application Security
• Wireless Security
• Endpoint Security
• Network Security
• Cloud Security
• Others

Global Cyber security Market, By Industry

• Banking, Financial Services, and Insurance
• Government
• Aerospace & Defense
• IT and Telecom
• Manufacturing
• Healthcare
• Energy & Utilities
• Retail
• Others

Global Cyber security Market, By Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

For more information visit : https://www.maximizemarketresearch.com/market-report/cyber-security-market/12519/

This information is reported by Maximize Market Research

Total Views: 194Word Count: 603See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031
Author: Lucintel LLC

2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC

3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC

4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry

5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management

6. The Role And Function Of A Collection Agency
Author: Bennett Carter

7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter

8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel

9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam

10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App

11. Building An Effective Energy Management System
Author: Jane

12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification

13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan

14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji

15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: