openPR Logo
Press release

Global Spear Phishing Protection Market: Rising Prevalence of Complex Cyber Attacks Compel Adoption of Innovative Phishing Protection Tools, says TMR

12-06-2018 07:41 AM CET | IT, New Media & Software

Press release from: Global Spear Phishing Protection Market

Global Spear Phishing Protection Market: Rising Prevalence

Global Spear Phishing Protection Market: Snapshot

Spear phishing is an email phishing attack that targets an individual or a particular organization, to gain access to confidential information or sensitive data. Spear phishing attempts are more likely to be conducted by convicts for acquiring trade secrets, financial data, or military information. Spear phishing protection is used to filter out all those unsolicited emails and protect an individual’s information from hackers. Factors such as the rising adoption of cloud email security solutions, rising number of cybercrimes in different end use industries such as banking and financial sector, defense, healthcare and retail sector, and rise in internet penetration across the world have led to the expansion of the spear phishing protection market.

Moreover, rise in BYOD applications is one of leading factors responsible for the growth of spear phishing protection market over the forecast period. The spear phishing protection market, as a result, is expected to witness an increase in market growth between 2017 and 2025. However, lack of proper knowledge and awareness about cyber-attacks is anticipated to hinder the growth of the spear phishing protection market.

The report states that the global spear phishing protection market stood at US$ 817.2 mn in 2016. The study projects the global spear phishing protection market to expand at a CAGR of 9.6% during the period from 2017 to 2025, rising to a valuation of US$1,839.8 mn by 2025.

Cloud-based Solutions to See Massive Rise in Adoption

Based on component, the spear phishing protection market is segmented into solutions and services. Solutions segment is further sub segmented into cloud, hybrid and on-premise. Cloud based solution sub-segment held the largest market share in the global spear phishing market in 2016 and is expected to see robust growth over the forecast period.

Get Sample Copy of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27152

The services segment is segmented into professional services and managed services. The professional services segment is estimated to account for a significant chunk of the market, followed by managed services during the forecast period. Rising number of cyber-attacks is expected to propel professional services demand over the forecast period. Managed security services is one of the most favored cyber security technologies, and is developing rapidly due to effortlessness operations and management in banking and financial sector, telecommunications, and healthcare.

Emerging Economies to Present Promising Growth Avenues

The global spear phishing protection market is expected to be driven by the North America region, followed by Europe over the forecast period from 2017 to 2025. Furthermore, South America and Middle East and Africa (MEA) are projected to promote the growth of the overall spear phishing protection market. Globally, North America region held the major market in 2016 and is expected to maintain its leading position in the spear phishing protection market due to huge investment by leading manufacturers in technological up gradation in cyber security protection system and wide product acceptance trends among consumers.

Apart from this, growing incidences of cyber-attack from emerging economies such as China, Japan, India, and countries across South America is expected to drive the market over the forecast period. However, because North America and Europe are mature markets for spear phishing protection in terms of system awareness and acceptance, these regions are estimated to develop at a stable yet relatively sluggish pace over this forecast period.

The key players profiled in the global spear phishing protection market include Microsoft Corporation, Symantec Corporation, BAE Systems, GreatHorn, Inc., Cisco Systems Inc., FireEye Inc., Proofpoint, Inc., Intel Corporation, Mimecast Ltd., and Phishlabs.

Get Table of Content @ https://www.transparencymarketresearch.com/report-toc/27152

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Spear Phishing Protection Market: Rising Prevalence of Complex Cyber Attacks Compel Adoption of Innovative Phishing Protection Tools, says TMR here

News-ID: 1420891 • Views:

More Releases from Global Spear Phishing Protection Market

Global Spear Phishing Protection Market | Industry Insight 2018-2025 Covered Players – BAE Systems, GreatHorn, Inc., Cisco Systems Inc.
Global Spear Phishing Protection Market | Industry Insight 2018-2025 Covered Pla …
Researchmoz added Most up-to-date research on "Spear Phishing Protection Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports. Global Spear Phishing Protection Market: Overview This report on the global spear phishing protection market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has

More Releases for America

Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on