Cyber Security Market Forecast Analysis by Service Type, by Vertical | COVID-19 Effects

0
0

Market Overview

Technological advancement has developed the growth of various IT and industrial sectors. These sectors have to maintain a huge amount of data which usually gets prone to cyber threats and attacks. Therefore, the rise in demand for security solutions has driven the Cyber Security Market Share

Cyber security solutions are widely applied in the IT environment because of their beneficial advantages such as data protection, computers, programs, networks from unauthorized access and improper activities. As technology and new trends emerge day to day, cybercrime rates have increased in recent years. This factor has propelled the growth rate of the Cyber Security Market.

Cyber security industries handle different parameters such as antivirus software, firewalls, and other programs to prevent them from insider attacks, trojans, phishing, and others. The success of the cyber security software solutions for the implementation of potential technical defense has increased in recent years, accelerating the growth rate of the global Cyber Security Market. The increase in the adoption of hand-held devices, applications, and flexible platforms is transforming the existing antivirus software into more effective solutions. To meet the demand of industrial and IT sectors for security standards and regulations, the data securities protocols of the cyber security solutions have increased their complexity in recent years.

Get Sample PDF Pages now with Some Benefits!!
https://www.marketresearchfuture.com/sample_request/875

Several growth factors are driving the global market. The high rate of cyber thefts, crimes, and terrorism globally has increased the market’s demand at the global level. The increased rate of IPv6 adoption has enhanced security solutions and services. The necessity to enhance the critical infrastructure due to the threats has encouraged governmental organizations to invest in security solutions and for their service upgradation and improvement highly. 

During the pandemic period, a higher rate of cyber-crimes was reported. A report claims that over 40,261 suspicious domain names were recorded during this period. Therefore, this factor has increased the demand for Cyber Security Market. The market has received use growth opportunities during the lockdown period even in the future days, and it is estimated to continue its growth consistency.

The market is estimated to project a CAGR of 10.5 % and a value of USD 199.98 during the forecast period by 2025.

Market Segmentation

The Cyber Security Market is bifurcated based on component, software, security type, solutions, service, deployment, organization type, and verticals. In the component segment, the market is categorized into software and services. The software section includes APT, Threat Intelligence Platform, SIEM, Security and Vulnerability Management, Network Access Control, Antivirus/Antimalware, Firewall, Secure Web Gateway, SOAR, Encryption, Disaster Recovery, IDS/IPS, Risk and Compliance Management and Others. 

The security type is consists of network security, endpoint security, application security, endpoint security, and others. On-premise and cloud segment falls under deployment type. The large and small-medium sized enterprises are of organization type. The vertical segment comprises BFSI, aerospace and defense, government healthcare, and others.

Regional Analysis

The geographical report shows that the market is forecasted to grow in various regions such as Europe, America, Asia Pacific, and others. The US market of America is showing a steady growth rate. And China is holding the second largest market revenue while registering a CAGR. The cloud-based solution is projected to drive the share value of the global Cyber Security market.

Industry News

The IBM company has introduced a data security solution that enables the organization to detect and respond quickly to protect the most sensitive data shared in the hybrid cloud environments. 

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/global-cyber-security-market-875

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.