Cyber Security Market Future Trends And Forecast By Industry Top Players (2018-2026): Sophos, Cisco, FireEye, Oracle, McAfee, Microsoft, Symantec, IBM

Cyber Security Market Size – USD 148.1 billion in 2018, Market Growth - CAGR of 8.9%, Market Trends –Increasing demand for cloud based solutions.

The Cyber Security market is expected to grow from USD 148.1 billion in 2018 to USD 267.7 billion by 2026, at a CAGR of 8.9% during the forecast period. Focus of enterprises and government for secured sharing of information, rise in digitized workplaces & mobile workforce, increasing number of supply chain-based attacks damaging the software supply chain, strict government norms regarding security of data, increasing demand for cloud based solutions, increase in the Ecommerce penetration across industry verticals and emergence of AI, machine learning and block chain technologies for cyber defense are some of the driving factors of the market.

Budget limitation of cyber security solutions, use of pirated and open source cyber security solutions, no such cyber security expertise for proactive strategic planning and no interoperability with the existing information systems may be the major restraining factors for the cyber security market.

Players will require increased investments to tackle these restraints and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Cyber Security market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

In market segmentation by manufacturers, the Cyber Security report covers the following
Sophos (UK), Cisco (US), F5 Networks (US), CyberArk (Israel), FireEye (US), Forcepoint (US), Check Point (US), Fortinet (US), Amazon Web Services (US), Oracle (US), Imperva (US), Qualys (US), Palo Alto Networks (US), RSA Security (US), McAfee (US), F-Secure (Finland), Micro Focus (UK), Microsoft (US), Proofpoint (US), Symantec (US), IBM (US), Rapid7 (US), Splunk (US), Trend Micro (Japan), and Juniper Networks (US).

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Cyber Security Market split by Deployment type Outlook, can be divided into:
• Cloud
• On-Premises

Cyber Security Market split by Security type Outlook , can be divided into:
• Network Security
• Endpoint Security
• Application Security
• Cloud Security
• Others (Content Security, Industrial Control System (ICS) Security, Database Security, and Web Security)

Cyber Security Market split by Component Outlook, can be divided into:
Solution
• Identity and Access Management (IAM)
• Risk and Compliance Management
• Encryption
• Data Loss Prevention (DLP)
• Unified Threat Management (UTM)
• Firewall
• Antivirus/Antimalware
• Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
• Security and Vulnerability Management
• Disaster Recovery
• Distributed Denial of Service (DDoS) Mitigation
• Web Filtering
• Others (Application Whitelisting and Patch Management)

Services
• Professional Services
• Design and Implementation
• Risk and Threat Assessment
• Consulting
• Training and Education
• Support and Maintenance
• Managed Services

Cyber Security Market split by Industry vertical Outlook, can be divided into:
• Aerospace and Defense
• Government
• Banking, Financial Services, and Insurance (BFSI)
• IT and Telecom
• Healthcare
• Retail
• Manufacturing
• Energy and Utilities
• Others (Education, Media And Entertainment, and Transportation and Logistics)

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Further key findings from the report suggest:
• The Cyber Security market is expected to grow from USD 148.1 billion in 2018 to USD 267.7 billion by 2026, at a CAGR of 8.9% during the forecast period.
• The major contributing factors for the growth of the market for Cyber Security can be focus of enterprises and government for secured sharing of information, rise in digitized workplaces & mobile workforce, increasing number of supply chain-based attacks damaging the software supply chain, strict government norms regarding security of data, increasing demand for cloud based solutions, increase in the Ecommerce penetration across industry verticals and leveraging AI, machine learning and block chain technologies for cyber defense.
• The Cyber Security market is segmented by deployment type into cloud and on-premises. The cloud deployment type is expected to witness highest growth, at a CAGR of 9.1% during the forecast period, due to its high demand by organizations, since it provides many benefits like affordable, scalability, reliability, flexibility, and remote location access.
• The Cyber Security market is segmented by security type into network security, endpoint security, application security, cloud security, others (content security, industrial control system (ICS) security, database security, and web security). The network security type is expected to witness highest growth, at a CAGR of 8.8% during the forecast period, due to rise in the number of security breaches targeting networks where hackers try to gain access to sensitive data.
• The Cyber Security Market is segmented by component into solutions and services. Solutions segment is expected to grow with the highest CAGR of approximately 10.1% during the forecast period, due to growth of encryption solutions since they offer consistent protection to sensitive data across all critical points in the entire lifecycle which enables enterprises to hide their critical data from unauthorized bad actors.
• The Cyber Security market is segmented by organization size into large and small & medium-sized enterprises. Large and medium-sized mostly adapt the cyber security solutions, small-sized enterprises may find the cyber security solutions a little unaffordable, thus lowering the market of cyber security in the small-sized enterprise segment.
• The Cyber Security Market is segmented by industry vertical into aerospace and defence, government, banking, financial services, and insurance (BFSI), IT and telecom, healthcare, retail, manufacturing, energy and utilities and others (education, media and entertainment, and transportation and logistics). Healthcare segment is expected to witness the highest growth, at a CAGR of 9.3% during the forecast period, since the segment is prone to security breaches. Other segments which are expected to witness growth are the banking, financial services and insurance, and IT and telecom industries.
• The Cyber Security Market is segmented by Geography into North, America, Europe, Asia Pacific and Rest of the World. North America, being a developed region, dominates the market, with a market share of around USD 45.9 Billion in the base year, since it focuses on utmost security and is readily adopting new and advanced technologies.
• Key players with in Cyber Security market are Sophos (UK), Cisco (US), F5 Networks (US), CyberArk (Israel), FireEye (US), Forcepoint (US), Check Point (US), Fortinet (US), Amazon Web Services (US), Oracle (US), Imperva (US), Qualys (US), Palo Alto Networks (US), RSA Security (US), McAfee (US), F-Secure (Finland), Micro Focus (UK), Microsoft (US), Proofpoint (US), Symantec (US), IBM (US), Rapid7 (US), Splunk (US), Trend Micro (Japan), and Juniper Networks (US).

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
• United States
• Europe
• China
• Japan
• Southeast Asia
• India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Cyber Security are as follows:
History Year:2017
Base Year: 2018
Forecast Year 2019 to 2026

The Cyber Security further aims at providing insight into:
• The major industry terms and forecasts the Cyber Security, in terms of growth rate, value as well as segmentation on the basis of technology advancements, application share, and geography.
• The market size across major regions including North America, Asia Pacific, Europe, as well as Rest of the World.
• The micro markets with regards to company growth, prospects, as well as a contribution to the Cyber Security industry.
• Data regarding the major drivers, restraining factors, challenges and opportunities affecting the growth rate of the industry.
• Information about growing investment pockets and competitive landscape for prominent players in the industry.
• The value chain pertaining to the Cyber Security market.

The report provides answers to the questions below:
• `What will be the status of competitive development including expansion, product and service launches and other developments?
• How much funds are major companies rolling out for their research and development activities in the Cyber Security space?
• Based on the end user, which category of the Cyber Security is projected to grow rapidly at the highest CAGR from 2019 to 2026?
• Among product and service types, which segment will lead the Cyber Security industry during the forecast period?
• Which region is expected to make more sales from 2019 to 2026?

Key Points From TOC:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Cyber Security Market Segmentation & Impact Analysis
Chapter 5. Cyber Security Market By Type of Service Insights & Trends
Chapter 6. Cyber Security Market By Industry Verticals Insights & Trends
Chapter 7. Cyber Security Market By Size of Organization Insights & Trends
Chapter 8. Cyber Security Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles

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