Press release
Cyber Security Market 2020: Global Industry Could Hit New Highs
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The Objective of the “Global Cyber Security Market” report is to depict the trends and upcoming for the Cyber Security Market industry over the forecast years. Cyber Security Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2018 to 2025 mulling over 2017 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.
Highlights of the Release:
• Solutions segment to continue its dominant share in terms of revenue by 2025
• On-premise segment to dominate by 2025
• North America to maintain its lead in terms of revenue throughout the forecast period
• Leading market players
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The solutions segment accounted for more than two-thirds of the total market share, and is projected to continue its dominant share in terms of revenue by 2025. This is attributed to surge in requirements for monitoring external and in-house threats in large and small & medium enterprises. On the other hand, the services segment is expected to grow at the fastest CAGR of 13.8% from 2018 to 2025. This is due to rise in adoption of digital technologies across the different industries and need for data privacy and protection.
The on-premise segment held the major share in 2017, contributing nearly three-fifths of the total market share. This is due to surge in adoption of cyber security solutions by large enterprises and rise in need to secure critical data from cyberattacks in an organization. Contrarily, the cloud segment would register the fastest growth rate with a CAGR of 13.9% from 2018 to 2025, owing to demand for cloud-based cyber security solutions along with low maintenance and capital costs.
North America accounted for nearly one-third of the total market share in 2017, and will maintain its lead in terms of revenue throughout the forecast period. This is due to increase in dependency on social media applications and internet.
Asia-Pacific is expected to register the largest CAGR of 13.6% during the forecast period, owing to penetration of internet and smartphones in countries including China and India leading to increase in adoption of cybersecurity measures in the region.
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This report provides a comprehensive analysis of,
• Top impacting Growth Factors
• Competitive Analysis of Leading Market Players
• Current and Future Market Trends
• Market Segmentation
• Revenue Estimation by 2025
Key market players analyzed in the research include,
• Accenture
• Cognizant
• Capgemini
• IBM Corporation
• HCL Technologies Limited
• Tata Consultancy Services
• Symantec Corporation
• Wipro Limited
Key questions answered in the CyberSecurity Market research study:
• What is the market growth rate of Cyber Security Market from 2018-2025?
• What will be the global market size of the market from 2018 to 2025?
• Who are the leading global players in the Cyber Security Market?
• What are the current trends and predicted trends?
• What are the challenges faced in the Cyber Security Market?
• Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
• Which will be the anticipated growth rates for your own Cyber Security Market economy altogether and also for every segment inside?
• Which will be the Cyber Security Market application and types and forecast accompanied closely by producers?
• What are the conclusions of the Cyber Security Market report?
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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