Cyber Security Software Market Growth Analysis 2025 By Top Key Players – IBM Corporation, Sophos, Trend Micro, Cisco Systems , HPE, Fortinet , Check Point Software Technologies Ltd., Juniper Networks, Inc. and Symantec Corporation
According to Verified Market Intelligence, The Global Cybersecurity Market was valued at USD 139.67 billion in 2017 and is projected to reach USD 300.32 billion by 2025, growing at a CAGR of 10.1% from 2018 to 2025.
What is Cyber Security Software?
Cybersecurity software, also known as computer security software is a type of software that is used to provide security and protection to computer, network or any computing-enabled device. It helps in managing access control, securing the system against viruses, malware, unauthorized, providing data protection and defending against other system-level security risks. Various types of cyber security software include anti-virus software, internet security software, malware/spam ware removal, firewall software, network security software and protection software, and many more. Rising popularity of digitalization fuels the growth of cybersecurity software market.
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Global Cyber Security Software Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Rising cyber threats & cyber terrorism and stringent data protection regulations for security of information have been driving the global cyber security software market. On the other hand, adoption of services such as pirated cybersecurity solutions and lack of security budget among SMEs might hinder the overall growth at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Cyber Security Software Market” is mainly bifurcated into sub-segments which can provide a classified data regarding the latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
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Global Cyber Security Software Market Competitive Landscape
The “Global Cyber Security Software Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such IBM Corporation, Sophos, Trend Micro, Cisco Systems , HPE, Fortinet , Check Point Software Technologies Ltd., Juniper Networks, Inc. and Symantec Corporation. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Global Cyber Security Software Market Segmentation, by Solution
Identity and Access Management
Risk and Compliance Management
Data Loss Prevention
Intrusion Detection System/Intrusion Prevention System
Security and Vulnerability Management
Global Cyber Security Software Market Segmentation, by Service
Design and Implementation
Support and Maintenance
Risk and Threat Assessment
Training and Education
Global Cyber Security Software Market Segmentation, by Deployment Mode
Global Cyber Security Software Market Segmentation, by Industry Vertical
Aerospace and Defense
Banking, Financial Services, and Insurance
IT and Telecom
Global Cyber Security Software Market Geographic Scope
Rest of Europe
Rest of Asia Pacific
Rest of the World
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CYBER SECURITY MARKET
Cyber Security Market is expected to garner $198 billion by 2022, registering a CAGR of 15.5 % during the forecast period 2016 - 2022. The cyber security market includes solutions such as security incident management, Unified Threat Management (UTM), risk and compliance management, and Identity and Access Management (IAM) that enable organizations to secure infrastructure and data from harmful cyber threats and vulnerabilities. Increase in adoption of mobile devices, and