Cyber security Market 2018 Global Key Players: Intel Security, Symantec, Hewlett Packard Enterprise, IBM, Cisco Systems, Rapid7, EMC RSA, FireEye, Trend Micro,Sophos

The global cyber security market is expected to grow at approx. USD 251 Billion by 2023, at 11% of CAGR between 2017 and 2023.

Key Players:
The prominent players in cyber security market are – Intel Security (U.S.), Symantec Corporation (U.S.), Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Rapid7, Inc. (U.S.), EMC RSA (U.S.), FireEye, Inc. (U.S.), Trend Micro, Inc. (Japan) and Sophos Ltd. (U.K.) among others.

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Market Synopsis of Cyber Security Market:

Market Scenario:

Cyber security is a body of technologies, processes and practices designed to protect networks, computers, programs and data from unauthorized access. Cyber security is basically computer security. There is a significant increase in the cyber security market because cyber security solutions increase cyber speed and offers number of options to save data.
Major forces driving the growth of cyber security market are the need for stringent compliance and regulatory requirements. Increased deployment of web and cloud based applications are responsible for rapid growth of cyber security market.
The cyber security market has been segmented on the basis of solution, service, security type, deployment and vertical. The security type is further bifurcated into network security, end point security, application security, cloud security, wireless security and others.
The application security type is expected to grow at the highest CAGR during the forecast period owing to internet of things and BYOD trends and connected number of devices.

egments:
Cyber security market can be segmented on the basis of following:

By Solution

Identity & Access Management
Risk & Compliance Management
Unified Threat Management
Disaster Recovery
Firewall
Antivirus
Web Filtering
Others
By Service

Managed Services
Professional ServicesTraining & Education
Consulting
Support & Maintenance
Design & Integration
Risk & Threat Assessment

By Security Type

Network Security
End Point Security
Application Security
Cloud Security
Wireless Security
Others
By Deployment

Cloud
On-Premise


By Vertical

BFSI
Manufacturing
Healthcare
Retail
IT & Telecommunication
Aerospace & Defense
Government
Others

Regional Analysis:
The regional analysis of cyber security market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in cyber security market in North America attributes to the technical advancements and increasing use of mobiles and tablets in that region.



Intended Audience

Technology investors
Integrated device manufacturers (IDMs)
Original equipment manufacturers (OEMs)
Research/Consultancy firms
Government agencies
Cyber security vendors
Network solution providers
Independent software vendors
Consulting firms
System integrators
IT security agencies
Managed Security Service Providers

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