What will be the CAGR Value for Cyber Security Market in 2026? Top Players in Cyber Security Market are Symantec Corporation, FireEye, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Trend Micro Incorporated, McAfee, LLC, Microsoft Corp

Quickly rising e-commerce exercises will be the key driver for the worldwide "Cyber Security" Market development during the estimate time frame. Online business monsters, for example, Amazon are quick expanding their organizations and item contributions and biological system of associated gadgets is getting more extensive and greater. For instance, in 2017, Amazon apparently dispatched in excess of 5 billion items all-inclusive. As indicated by the OECD's Creditor Reporting System, assets to the tune of USD 6.6 billion were dispensed to advance cross-fringe electronic availability somewhere in the range of 2006 and 2016. Accordingly, as more individuals shop and execute on the web, the worldwide Cyber Security Market income is set to get powered in the figure time frame.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cyber-security-market-101165

According to the report by Fortune Business Insights, titled "Cyber Security Market Size, Share & Industry Analysis, By Component (Solutions, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By End-User (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Regional Forecast, 2019-2026", the global Cyber Security Market value is expected to reach USD 289.8 billion by 2026, from its current standing at USD 131.3 billion. The report also contains an in-depth analysis of the various factors and dynamics that will shape the market during the forecast period.

Fortune Business Insights identifies some of the important players in the global Cyber Security Market:

Microsoft
IBM
Palo Alto Networks, Inc.
Forcepoint
Check Point Software Technologies Ltd.
RSA Security LLC.
Cisco
McAfee, LLC
Symantec Corporation
Trend Micro Incorporated.
Qualys, Inc
Key Market Driver -

Increasing integration of advanced technologies such as AI and machine learning in cybersecurity solutions

Growing information security regulations across industries

Key Market Restraint -

Lack of skilled cybersecurity workforce
For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/cybersecurity-market-101165

Growing Adoption of Internet of Things (IoT) to Boost the Market

Cyber Security refers to the protection of virtually or digitally stored data and information from external attacks in the form of hacking and phishing. With the exponential increase in the use of connected devices, rising smartphone and internet penetration, and growing electronic transactions, there is a pressing need for Cyber Security solutions all over the world. This need has gotten accentuated with the fast-developing AI and IoT technologies. IoT, for instance, is increasingly being viewed as making critical information vulnerable to cyberattacks and can bring down vital infrastructures such as telecommunications and power. The 2016 Mirai Bot attack exposed the fragility of IoT technology as the malware has been specifically designed to breach the security walls of IoT connected devices. This will aid the expansion of the global Cyber Security Market size in the forecast period.

Segmentation

1. By Component

Solutions
Network Security
Cloud SecurityApplication Security
End-point Security
Others
Services
Professional Services
Managed Services

2. By Deployment

On-Premises
Cloud

3. By Organization Size

Large Enterprises
SMEs

4. By End-User

BFSI
IT and Telecommunications
Retail
Healthcare
Government
Manufacturing
Travel and Transportation
Energy and Utilities
Others

5. By Geography

North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Request for Customization https://www.fortunebusinessinsights.com/enquiry/customization/cyber-security-market-101165

Key Industry Developments

July 2019- Symantec launched its new cloud access security solution to help organizations secure cloud and internet access. The cloud access security solution enables organizations to reduce operational cost and complexity while lowing the operational risk.
June 2019 - Check Point Software Technologies, Ltd., one of the leading providers of the cyber security solutions launched a new artificial intelligence-based malware detection engine to its SandBlast Network threat prevention solution. The new Malware DNA engine helps organizations effectively identify and block zero-day threats before the damage.
Increasing Reliance on Artificial Intelligence (AI) Solutions to Enhance Market Potential

According to a study by Capgemini, 21% of the companies surveyed reported that they experienced security breaches as their businesses grew. The survey also found out that two-thirds of the companies believe that the implementation of AI will strengthen their security infrastructure. AI technologies are expected to be further augmented by advancements in Machine Learning (ML). This bodes well for the global Cyber Security Market as application AI software gains popularity in the private and public sectors.

High Dependency on Connectivity to Fuel the Market in North America

Among regions, North America is expected to hold the largest portion in the global Cyber Security Market share owing to the rise in the number of security breaches in the upper corporate tranches and growing dependency on the internet. Furthermore, the development of e-commerce platforms is pushing up the demand for Cyber Security solutions.

Steadily climbing the number of internet users in India will propel the market in Asia-Pacific in the forecast period. Additionally, India is expected to witness a rising prevalence of cyberattacks in the near future, which is good news for the global Cyber Security Market.

The primary drivers in the market in Europe are a proliferation of information and technology (ICT) in the fields of aerospace and defense along with rising investment in Cyber Security measures by public and private sectors in the region.

Creation of Innovative Products to Intensify Competition

Major players in the global Cyber Security Market are looking to gain a competitive edge through different innovations. For example, in 2018, IBM unveiled its cloud security platform, IBM Security Connect, that has been designed to improve response effectivity to cyberattacks by bringing developers, vendors, AI, and data on a common platform. Strategic collaborations among players is also gaining preference. For instance, in 2019, Qualys and Proficio partnered to integrate their cloud-based security technology and managed detection and response capacities respectively.

Order Complete Report https://www.fortunebusinessinsights.com/checkout-page/101165

Table of Content

5. Global Cyber Security Market Analysis, Insights and Forecast, 2015-2026

5.1. Key Findings / Summary

5.2. Market Size Estimates and Forecasts

5.2.1. By Component (Value)

5.2.1.1. Solution

5.2.1.1.1. Network Security

5.2.1.1.2. Cloud Security

5.2.1.1.3. Application Security

5.2.1.1.4. End-point Security

5.2.1.1.5. Others

5.2.1.2. Services

5.2.1.2.1. Professional Services

5.2.1.2.2. Managed Services

5.2.2. By Deployment (Value)

6. North America Cyber Security Market Analysis, Insights and Forecast, 2015-2026

6.1. Key Findings / Summary

6.2. Market Size Estimates and Forecasts

6.2.1. By Component (Value)

6.2.1.1. Solution

6.2.1.1.1. Network Security

6.2.1.1.2. Cloud Security

6.2.1.1.3. Application Security

6.2.1.1.4. End-point Security

6.2.1.1.5. Others

6.2.1.2. Services

6.2.1.2.1. Professional Services

6.2.1.2.2. Managed Services

6.2.2. By Deployment (Value)

6.2.2.1. Cloud

6.2.2.2. On-Premise

6.2.3. By Organization Size (Value)

6.2.3.1. SME's

6.2.3.2. Large Enterprises

6.2.4. By End-User (Value)

6.2.4.1. BFSI

7. Europe Cyber Security Market Analysis, Insights and Forecast, 2015-2026

7.1. Key Findings / Summary

7.2. Key Policies and Regulations

7.3. Market Size Estimates and Forecasts

7.3.1. By Component (Value)

7.3.1.1. Solution

7.3.1.1.1. Network Security

TOC Continued...!

Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com
Fortune Business Insights(TM)
LinkedIn | Twitter | Blogs

This release was published on openPR.