Cybersecurity Market Upcoming Trends, Demand and Analysis Till 2025 By Top Companies Symantec Corporation (U.S.), BAE Systems Inc. (U.K.), Check Point Software Technologies Ltd. (Israel), FireEye, Inc. (U.S.), Cisco Systems, Inc. (U.S.), EMC Corporation (

Meticulous Research® – leading global market research company is researching on cybersecurity market titled “Cybersecurity Market by Product (Solutions, Services), End-use Industry (Aerospace and Defense, Government, Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Healthcare, Retail, Manufacturing, Energy and Utilities, Others), Security Type (Network, Content, Endpoint, Application, Cloud security), Organization Size (SMEs, Large Enterprises), and Region - Global Forecast to 2025”.

Increasing Number of Cybercrimes Spur the Demand for Cybersecurity Services

Cybercrime is one of the greatest threats to every company in the world because of the increasing reliance of the people on the internet. Majority of the users are easy target for cybercriminals due to lack of awareness and netiquette. Over the last few years, high profile cases of cyber hacks have increased significantly. For instance, the Anti-Phishing Working Group (APWG) recorded more than 1.2 million cyber-attacks in 2016. Moreover, there were more than 4000 ransomware attacks every day in 2016 (FBI). Therefore, such huge and continuously rising number of cyber-crimes that people, businesses, and governments face on a daily basis are driving the demand for cybersecurity services.

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Network Security Segment Dominates the Global Cybersecurity Market in 2018

Based on security type, global cybersecurity market is mainly segmented into network security, content security, endpoint security, application security, and cloud security, among others. Owing to rise in the number of security breaches targeting networks where hackers try to gain access to sensitive data, network security is gaining the largest share of the global cybersecurity market in 2018. While, the application security segment is projected to grow at a significant pace in the next few years due to the increasing number of malwares, APTs, and phishing attacks.

BFSI Industry Vertical Dominates the Global Cybersecurity Market in 2018

BSFI commanded the largest share of the global cybersecurity market in 2018. The major share of this segment is mainly attributed to the increase in need for providing sealed security and digital privacy in financial institutions. Moreover, rise in the adoption of smartphones, internet banking, and cloud is further driving the growth of the cybersecurity market in this sector.

North America Dominates the Market, While Asia-Pacific leads the Growth

North America commanded the largest share of the global cybersecurity market in 2018, followed by Europe and Asia-pacific. The major share of this region is mainly attributed to the factors such as the growing need among organizations to reduce the misuse of the internet, improve employees’ productivity, and address attacks on their IT infrastructures. While, Asia-Pacific region is projected to grow at a significant pace in the next few years, mainly due to rapid economic growth and regulatory reforms & economic stability.

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Segmentation
Cybersecurity Products & Services

Solutions
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)
Others

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

Cybersecurity End-Use Industry

Aerospace and Defense
Government
Banking, Financial Services, and Insurance (BFSI)
IT and Telecom
Healthcare
Retail
Manufacturing
Energy and Utilities
Others

Cybersecurity Types

Network Security
Content Security
Endpoint Security
Application Security
Cloud Security
Others

Cybersecurity Segmentation by Organization Size
Small and Medium-sized Enterprises (SMEs)
Large Enterprises

Cybersecurity Segmentation by Geography

North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia and New Zealand
Rest of Asia-Pacific
Rest of the World
Latin America
Brazil
Argentina
RoLATAM
Middle East & Africa

Key Players

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 5 years (2015-2019). The key players operating in the global cybersecurity are Symantec Corporation (U.S.), BAE Systems Inc. (U.K.), Check Point Software Technologies Ltd. (Israel), FireEye, Inc. (U.S.), Cisco Systems, Inc. (U.S.), EMC Corporation (U.S.), Trend Micro Incorporated (Japan), Rapid7 (U.S.), Sophos Ltd. (U.K.), McAfee, LLC (U.S.), Micro Focus (U.K.), Microsoft Corporation (U.S.), Splunk Inc. (U.S.), F5 Networks, Inc. (U.S.), Proofpoint, Inc. (U.S.), RSA Security LLC. (U.S.), Amazon Web Services, Inc (U.S.), Juniper Networks, Inc. (U.S.), Fortinet, Inc. (U.S.), Oracle (U.S.), CyberArk Software Ltd. (U.S.), Forcepoint LLC (U.S.), F-Secure (Finland), Qualys, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), IBM (U.S.), and Imperva, Inc. (U.S.).

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

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