Cyber Security Market Global Industry Share, Growth, Competitive Analysis and Forecast 2019-2025

The cyber security market is expected to grow at a CAGR of 10.7% for the forecasted period of 2016-2021. The market is segmented on the basis of the type of security, solutions, services and verticals. Cyber security is a major threat worldwide. The overall cost due to cyber threats and attacks were over $500 billion in 2015. Cyber-attacks are major threats especially for high priority areas such as government agencies, defense, and aerospace. Governments globally have strict cyber security laws which protect the data and privacy of individuals and organizations. Such regulations are driving the market. Number of companies have emerged which are providing cyber security solutions and services.

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Companies profiled in the report - AVG Securities, Booz Allen Hamilton, Capgemini, Cisco Corporation, Clearwater Compliance LLC, CSC Corporation, CYBERARK SOFTWARE LTD., Dell SecureWorks, Forcepoint, Fortinet, Inc., Herjavec Group

The market is also driven by the growing network of online services such as bank and financial services. Only the mobile payments have crossed over $400 billion in 2015. Other transactions are in trillions. With such huge amounts of the transaction taking place, there is a constant threat of cyber-attacks. Organizations and governments are spending billions on cyber security. Another major driving factor for the market is the growing social media and the use of cloud services. With tonnes of personal data being used on online servers and cloud storage. The threat of hacking always looms. Instances of private data being hacked and made public is increasing. Individuals are also opting for cyber security. However, there is still less awareness regarding cyber security and laws amongst individuals. The presence of pirated software in the market is also restraining the market growth.

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North America has the highest market share amongst the geographies. It is driven by a highly developed IT industry. North America is home to the largest companies in terms revenues which includes IBM, Google, Microsoft, Facebook, Twitter, Apple and other major companies. Asia Pacific is expected to grow with the highest CAGR for the forecasted period. A strong IT industry in India, China, Philippines and Japan are pushing the cyber security market forward.

The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, patent analysis, pipeline analysis, market determinants, key company analysis, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

Market segmentation

Cyber security by type

o Network security
o Application security
o Mobile security
o Wireless security
o Cloud security
o Others

Cyber security by solutions

o Disaster recovery
o Anti-malware and anti-virus
o Mobile device management
o Firewalls
o Authentication and authorization
o Intrusion detection and protection systems (id/ip systems)
o Network access control
o Data loss prevention
o Encryption
o Ddos mitigation
o Security information and event management (siem)
o Whitelisting
o Other

Cyber security by vertical

o Government
o Defence
o Aerospace
o Banking and financial services industries
o Travel and transportation
o Telecommunication
o Healthcare
o Retail
o Manufacturing
o Others

Cyber security by services

o Consulting services
o Network vulnerability assessment
o Managed security services
o Design and integration
o Others

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