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Cyber security Market Current and Future Growth Analysis on Microsoft Corp., Lockheed Martin, Intel Co., Secureworks, Symantec Co, Verizon Communication Inc., Sophos Ltd., Trend Micro Incorporated, Check point software technologies, IBM Co.

05-21-2019 09:56 AM CET | IT, New Media & Software

Press release from: persistencemarketresearch.com

Cyber security Market Current and Future Growth Analysis

The ‘Cyber security market’ study drafted by Persistence Market Research, is essentially an exhaustive review of present and future trends of this business sphere. The report also collates a concise outline of industry share contenders, market share, market size in terms of value and volume, distribution channel, and geographical spectrum along with revenue predictions of the industry landscape.

Some of the players operating in the cybersecurity market are IBM Co., Microsoft Corp., Lockheed Martin, Intel Co., Secureworks, Symantec Co, Verizon Communication Inc., Sophos Ltd., Trend Micro Incorporated, Check point software technologies. The cyber security 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.

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Scope of Report

Ongoing technological evolution has increased the emergence of new pathways for accessing restricted data from the World Wide Web. Information stored on online platforms, databases and websites continues to be at the risk of malicious breach from hackers and unethical cyber professionals.

Steadfast proliferation of information technologies across multiple business verticals has created a vast network of IT-enabled companies and enterprises. Since these companies continue to use information technologies actively, the need for adopting appropriate security measures has escalated. Cyber security has emerged as the key aspect companies must consider prior to the implementation of IT-based business models.

Persistence Market Research’s latest report on the global cyber security market reveals that in the upcoming years, the adoption of cyber security will gain steadfast momentum against the backdrop of rising attacks of hackers and an overall upsurge in the global cybercrime levels. Key findings from the report estimate that the global cyber security market will be worth over US$ 200 Bn by the end of 2025. The report also projects that during the forecast period, 2017-2025, the global cyber security market will expand robustly at a CAGR of 12.0%.

Companies that have built the very systems used for IT operations have been putting considerable efforts towards the development of cyber security solutions. Leading manufacturers of computing systems such as Microsoft Corporation and International Business Machines Corporation have been recognized as key developers of cyber security in the global market.

Intel Corp. – a leading manufacturer of computer peripherals, chips and operating systems – has also stepped up its contribution in the global cyber security market. The study has profiled prominent developers of cyber security software as well as cyber security service providers, which include Trend Micro, Sophos, Check Point Software Technologies, Secureworks, Symantec Corp., and Verizon Communication Inc.

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For developing in-depth forecast on the market, the study has analyzed the global cyber security market on the basis of components, technology, industrial vertical and region. Rising penetration of attack vectors such as ransomware, botnets and autonomous vehicles has propelled the adoption of end-point cyber security technologies. Moreover, threats such as identity theft and data manipulation are stimulating the need for implementing unified threat management technologies against cyberwarfare.

Cyber Security: Technology Challenges & Regional Opportunities
Cloud computing networks can be observed as a veiled threat for the effectiveness of cyber security solutions. While increasing uptake for cloud computing boosts the need for adopting cyber security software, these networks create a vast maze of gateways for security breach. End-point security services are unable to trace the source of attacks or loopholes for hacking in the vast cloud networks. With the passing years, more companies are anticipated to switch to edge computing, providing a temporary respite for cyber security solution providers.

Report Content:

1. Global Cyber Security Market- Executive Summary

2. Assumptions & Acronyms Used

3. Research Methodology

4. Global Cyber Security Market- Market Overview

4.1. Introduction
4.1.1. Market Definition
4.1.2. Market Taxonomy
4.2. Value Chain Analysis
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunity
4.3.4. Trends

5. Global Cyber Security Market Analysis, By Component

5.1. Introduction
5.1.1. Y-o-Y Growth Comparison, By Component
5.1.2. Basis Point Share (BPS) Analysis, By Component
5.2. Market Forecast By Component
5.2.1. Hardware
5.2.1.1. Absolute $ Opportunity
5.2.1.2. Market Size Forecast
5.2.2. Software
5.2.2.1. Identify and Access Management
5.2.2.2. End-point Security
5.2.2.3. Security and Vulnerability Management
5.2.3. Service
5.2.3.1. Absolute $ Opportunity

6. Global Cyber Security Market Analysis, By Vertical

6.1. Introduction
6.1.1. Y-o-Y Growth Comparison, By Vertical
6.1.2. Basis Point Share (BPS) Analysis, By Vertical
6.2. Market Forecast By Vertical
6.2.1. Banking
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Size Forecast
6.2.2. Discrete Manufacturing
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Size Forecast
6.2.3. Government Agencies
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Size Forecast
6.2.4. Process Manufacturing
6.2.4.1. Absolute $ Opportunity
6.2.4.2. Market Size Forecast
6.2.5. Healthcare
6.2.5.1. Absolute $ Opportunity
6.2.5.2. Market Size Forecast
6.2.6. Telecommunication
6.2.6.1. Absolute $ Opportunity
6.2.6.2. Market Size Forecast
6.2.7. Energy and Utility
6.2.7.1. Absolute $ Opportunity
6.2.7.2. Market Size Forecast
6.2.8. Investment Service
6.2.8.1. Absolute $ Opportunity
6.2.8.2. Market Size Forecast
6.2.9. Others
6.2.9.1. Absolute $ Opportunity
6.2.9.2. Market Size Forecast
6.3. Global Cyber Security Market Attractiveness Analysis, By Vertical
6.4. Prominent Trends

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ABOUT US:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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