Press release
Fastest growing Cybersecurity Market Worldwide by forecast to 2025 with key players such as IBM Corporation, Hewlett Packard Enterprise, MacAfee LLC, Trend Micro
Cybersecurity is the defense of internet-connected systems, counting hardware, software and data, from cyberattacks. In a computing context, security comprises cybersecurity and bodily security both are used by initiatives to protect against illegal access to data centers and other electronic systems.Because individuals and institutions move online to their information and accounts, digital criminals also do in 2017, in the UK alone, there were 4.7 million security cases, making digital security more imperative than ever in modern memory. Cybersecurity is now witnessing such popularity, with experts predicting that the global market will reach $ 165.2 billion by 2025.
Global Cybersecurity Market is expected to grow at a CAGR of +12% during the forecast period 2019-2025.
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Key players:
The key players of Global Cybersecurity Market are International Business Machines, Inc., Symantec Corporation, Check Point Software Technologies, Cisco Systems, Inc.
Market segmentation:
The cybersecurity market is segmented into various industry verticals. Out of these, the healthcare industry vertical is expected to grow at the highest CAGR from 2019 to 2025, as the medical data and digital medical devices used in this industry vertical are prone to advanced threats. The government is expected to have largest market size in 2019, due to the increased adoption of cybersecurity solutions in this industry vertical.
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In addition, with this, the report also covers the key drivers, restraints and opportunities of the Global Cybersecurity Market. It also has the status of marketing channels, details of traders and distributors and analysis of the regional import and export. To sum it up, this market will benefit the end users and will create a successful strategy in the forthcoming years.
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