Global Cybersecurity Market 2019-2025| Comprehensive Analysis Report through Major Companies like IBM, Sophos Microsoft, Oracle and Symantec

Global Cybersecurity Market was valued at USD 122.53 billion in 2016 and is projected to reach USD 325.10 billion by 2025, growing at a CAGR of 11.45% from 2017 to 2025.

Cyber security referred as body of technologies, practices, and processes. It is designed to protect devices, networks, programs, and data from attack, damage, and unauthorized access. Cyber security is important to protect and store unprecedented amounts of data on computer and other devices. Cyber security is used to detect, monitor, reports, and counter cyber threats to maintain data confidentially. Cyber security is also called as information technology security.

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Rise in demand for cyber security solutions (like cloud-based) is the driving factor for cyber security market. It is expected to boost the growth of cyber security market. Also, development of technologies like IOT (Internet of Things), machine learning, and big data in threat, and security technique up gradation by key competitors have the positive impact on cyber security market. High cost of innovations and budget constraints for small medium enterprises (SMEs) are the restraining factor of cyber security market. Increase in government initiatives will expends the market growth in near future.

Cybersecurity Market Segmentation:

By Service Type:
o Wireless security
o Application security
o Network security
o Endpoint security
o Cloud security
o On-premise

By Application:
o Government
o IT and Telecommunications
o Banking, Financial Services, and Insurance (BFSI)
o Retail
o Healthcare
o Aerospace and Defense
o Manufacturing

By Deployment Model:
o Cloud-based
o On-premise

Major Key Players Operated in Cybersecurity Market
o IBM Corporation
o Sophos
o Trend Micro
o Cisco Systems
o HPE
o Fortinet
o Check Point Software Technologies Ltd.
o Juniper Networks, Inc.
o Symantec Corporation
o Palo Alto Networks
o McAfee LLC
o Fireeye

Regional Overview

The global Cybersecurity Market is studied for different segments for getting a detailed picture of the market dynamics during the review period. This segmentation has been carried out on the basis of region, type, components, end-user industries, and applications. Segmentation, on the basis of region, includes Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa.

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