Cybersecurity market Current and Future Growth Analysis on Microsoft Corporation, Splunk, Inc., RSA Security, LLC., Oracle Corporation, Palo Alto Networks, Inc., Symantec Corporation., F5networks, Inc., Check Point Software Technologies Inc., Hewlett-Pack
Some of the players operating in the cybersecurity market are BAE Systems, CyberArk Software Ltd., Microsoft Corporation, Splunk, Inc., RSA Security, LLC., Oracle Corporation, Palo Alto Networks, Inc., Symantec Corporation., F5networks, Inc., Check Point Software Technologies Inc., Hewlett-Packard, Ltd., F-Secure Corporation, FireEye, Inc., Fortinet, Inc., IBM Corporation, Rapid7, Sophos Group plc, Intel Corporation, Proofpoint, Inc., McAfee LLC, Cisco Systems, Inc., and Trend Micro, Inc. The cybersecurity landscape is dominated by large players such as McAfee, Sophos, Symantec, Trend Micro, Check Point Software, and Palo Alto Networks. These players are conducting strategic acquisitions of various start-ups in the market to broaden the product line and strengthen its position in the market. In November 2018, Symantec Corporation acquired Javelin Networks, an Israel-based cybersecurity provider. The products developed by Javelin Networks will be integrated into Symantec?s product portfolio to expand its product offerings.
Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/1534296?utm_source=OPEN.com&utm_medium=dc
Another factor propelling cybersecurity market growth is the increasing need among organizations to minimize the security risks. With the increasing adoption of cloud platforms & other network solutions, organizations are becoming more exposed to external breaches. This has driven the companies to increase their budgetary allocations for cybersecurity solutions. The increasing penetration of several mobile and wireless devices is also adding to cybersecurity market growth. The availability of inexpensive smart devices and developments in the telecommunication infrastructure is increasing the adoption of mobile devices among enterprises and consumers.
The security services market holds over 60% share in the global cybersecurity market. The inexpensive nature of services and the rising adoption of BYOD polices are fostering its adoption among enterprises of all sizes. The network security market is also projected to grow at a CAGR of over 15% over the forecast time period. The rising penetration of integrated security solutions & IP traffic is fueling its adoption network security solutions.
Cybersecurity Market is anticipated to exceed 300 billion by 2024. The market is driven by the increasing frequency of cyber-attacks. This is attributed to the extensive digitalization across multiple business sectors. In the last five years, the financial losses caused due to cyber-attacks have risen by over 62%, encouraging companies to adopt advanced cybersecurity solutions to protect their sensitive information from unsanctioned access. In addition, the rising adoption of IoT devices is also promoting the adoption of cybersecurity solutions. Most of the IoT devices lack basic security features, enabling cybercriminals to exploit the vulnerabilities to conduct various illegal activities.
The large enterprise held over 60% share of the cybersecurity market. The market in large enterprises is primarily driven by the increasing financial losses associated with the cybersecurity breaches. The average cost of cybersecurity breaches among large organizations has increased by over 11% in 2017. The government cybersecurity market is expected to grow at a CAGR of over 15% over the forecast time period. The loss of critical data and the erosion of trust in government officials have encouraged public sector agencies to deploy cybersecurity solutions to safeguard its network architecture.
The transportation market is anticipated to grow at a CAGR of over 15% over the projected timespan. The use of the Industrial Internet of Things (IIoT), smart logistics, and several modernization initiatives will provide a broader surface for cybercriminals to penetrate the company network. This has promoted the use of cybersecurity solutions in the transportation and logistics industry. The banking industry is predicted to grow at a CAGR of over 16% over the forecast timespan. The introduction of various stringent regulatory policies that mandate financial establishments to deploy security solutions has influenced the cybersecurity market.
The North America region is leading the cybersecurity market with over 40% share in 2017. The increasing investments and acquisition of cybersecurity start-ups by major players in the region are adding to market growth. The European region accounted for over 20% market share of the cybersecurity market in 2017. The rising public-private partnerships and government investments are driving the cybersecurity market in the region. The government has also enforced various regulations, enforcing business establishments of all sizes to use cybersecurity solutions.
Get them answered via www.marketstudyreport.com/enquiry-before-buying/1534296 before taking a buying decision on this premium report
Chapter 1. Methodology & Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.6. Methodology & forecast parameters
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Cybersecurity industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product type trends
220.127.116.11. IAAM trends
18.104.22.168. Network trends
22.214.171.124. Infrastructure protection trends
126.96.36.199. Security servcies trends
2.1.4. Organization trends
2.1.5. Industry trends
Chapter 3. Global Cybersecurity Industry Insights
3.2. Industry segmentation
3.3. Industry landscape, 2013 - 2024
3.4. Industry ecosystem analysis
3.5. Cybersecurity evolution
3.5.1. Evolution of cyber-attacks
3.6. Regulatory landscape
3.6.1. ISO/IEC 270001
3.6.2. Gramm-Leach-Billey Act of 1999, U.S.
3.6.3. Cybersecurity Law, China
3.6.4. Federal Information Security Management Act (FISMA)
Chapter 4. Competitive Landscape
4.2. Competive analysis of major market players, 2017
4.2.1. Check Point Software
4.2.6. Palo Alto Networks
4.2.9. Trend Micro
Chapter 5. Global Cybersecurity Market, By Product Type
5.1. Key trends, by product type
5.2. Identification, Authentication and Access Management (IAAM)
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Access management
188.8.131.52. Market estimates and forecast, 2013-2024
5.2.3. Identify access management
184.108.40.206. Market estimates and forecast, 2013-2024
5.3. Infrastruture protection
5.3.1. Market estimates and forecast, 2013 – 2024
Buy Now at https://www.marketstudyreport.com/securecheckout/paymenta/1534296?msfpaycode=sumsf
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report LLC.
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
This release was published on openPR.
Permanent link to this press release:
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 Cybersecurity market Current and Future Growth Analysis on Microsoft Corporation, Splunk, Inc., RSA Security, LLC., Oracle Corporation, Palo Alto Networks, Inc., Symantec Corporation., F5networks, Inc., Check Point Software Technologies Inc., Hewlett-Pack here
News-ID: 1636158 • Views: 428
More Releases from MarketStudyReport
Medical Automation Technologies Market Analysis by Top Manufacturers, Shares, Gr …
Market Study Report, LLC's latest research report on Medical Automation Technologies Market, delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, Medical Automation Technologies market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business. Request a sample Report of Medical Automation Technologies Market at: https://www.marketstudyreport.com/request-a-sample/1524757?utm_source=openpr.com&utm_medium=PC Medical automation technologies is an independent of efficient, effective and equitable
What's driving the Automotive Diagnostic Scan Tools Market trends? Key Players a …
MarketStudyReport.com Adds New Report Automotive Diagnostic Scan Tools Market 2019 - 2025 research report providing information and data By Offering, Diagnostic Software, Diagnostic Services, By Application, By Tool Type, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 320 Pages with table and figures in it. Europe is anticipated to be the prominent region in the automotive diagnostic scan tools market with the market share of over
Comprehensive analysis on Endpoint Security Market| Key Players are F-Secure, We …
MarketStudyReport.com Adds New Endpoint Security Market 2017 - 2024 research report providing information and data By Component, By Service, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, By Deployment Model, Competitive Market Share & Forecast spreading across 380 Pages with table and figures in it. North America dominated the endpoint protection market in 2016 and is projected to maintain the dominance throughout the forecast period, primarily due to large-scale deployment
Veterinary Vaccines Market is Booming 2019 | By Players include Zoetis Inc. Merc …
Vaccines play a crucial role in protecting animals from a large spectrum of diseases caused due to virus, bacteria, protozoa, and other multicellular pathogens. Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1513665/?utm_source=Openpr&utm_medium=RV The global veterinary vaccines market is expected to benefit from the growing concern over food safety. The dependency on livestock products
More Releases for Cybersecurity
Cybersecurity Trends and Predictions for 2021
As we fast approach the new year, many organizations are looking into cybersecurity trends and predictions for 2021 in order to ensure they are using the latest industry best practices. Zero Trust Approach to Security Zero Trust is a security procedure that organizations should not automatically trust anything inside or outside its network. Everything must be verified before granting access can be given. The zero trust approach to security is becoming
Asia Pacific Automotive Cybersecurity Market 2020-2030
Asia Pacific automotive cybersecurity market will grow by 18.4% annually over 2020-2030 with a total addressable market cap of $27.8 billion driven by the fast adoption of autonomous cars and connected vehicles with more electronic content per vehicle in the region. Highlighted with 40 tables and 73 figures, this 143-page report “Asia Pacific Automotive Cybersecurity Market 2020-2030 by Solution, Product Type, Product Form, Threat Type, Application, Automotive Component, Vehicle Type, and
Cybersecurity in Tourism, 2020 Update Thematic Research
Travelers are more inter-connected than ever before, businesses are streamlining business operations to accommodate to changing traveler needs and the travel and technology sectors are becoming ever more entwined, increasing the exposure and vulnerability to cyberattacks. This thematic research report takes an in-depth look at the role of Cybersecurity within the travel and tourism sector. The report analyzes cybersecurity trends within tourism alongside an array of case studies that look at
Global Cybersecurity Market Size, Status and Forecast
This report studies the global Cybersecurity market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Cybersecurity market by companies, region, type and end-use industry. Major security types in cybersecurity are network security, endpoint security, application security, cloud security, wireless security, and others (database security and web security). The application security segment is expected to grow at the highest CAGR during the forecast
Global Automotive Cybersecurity Market 2018 - ESCRYPT, Symantec
Apex Market Reports, recently published a detailed market research study focused on the “Automotive Cybersecurity Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Cybersecurity Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Automotive Cybersecurity on
Cybersecurity in Tourism-Thematic Research
Analytical Research Cognizance delivers key insights on the global Cybersecurity in Tourism Market in a new report titled “Cybersecurity in Tourism-Thematic Research” In this report, ARCognizance sheds light on the various factors and trends impacting market growth over the forecast period (2018 – 2023) The Global Tourism Industry is preparing to ride the digital wave - contextualizing and implementing new technologies such as cloud, mobility, big data, and analytics, and the