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COVID Impact On Global Finance Cybersecurity Market 2020-2025

01-06-2021 01:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Mobility Foresights

COVID Impact On Global Finance Cybersecurity Market 2020-2025

In the COVID-19 pandemic, several cases of Cybercrime were observed across industries and thus, many organization operating their business online are cautious of the cyber-attack are investing on their products.

The service segment of the cybersecurity market dominated the market in 2019 with the revenue share of 54.7% In the forecasted period, it is expected to dominate the market.

New business models and technologies like Internet of things are heavily relying on digitalization for their growth. Also the system is becoming more complex, interconnected and exposed to cyber security issues.

Several companies are adopting technology and starting their operations in the online platform, especially after COVID-19 pandemic which forced employees to work from home.

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Emerging and innovative vendors are engaged in product upgradation and partnerships to increase their market share.

Geographically, North America dominated the market in the year 2019 with market share of 36.7%. There is high demand for the cyber security solutions due to the presence of various companies headquartered in U.S. and increasing standards and policies for maintaining data privacy and security in the region.

IBM is an American technology and consulting company and operated through five segments: Cognitive Solutions, Global Business Services, Technology Services & Cloud Platforms, Systems and Global Financing. They are one of the largest employers in the industry with more than 70% employees based outside America, with largest number in India.

Cisco Systems, Inc. is a U.S. based company and designs, manufactures and sells Internet Protocol (IP)-based networking and other products related to the communication and IT industry. The company has subsidiaries like OpenDNS, Webex, Jabber and Jasper.

Check Point Software Technology Ltd the company develops, markets and supports a range of products and services for IT security. It provides solutions to protect industries from the malware, ransomware and advanced targeted threats.

Cyber security has greater significance in the digital landscape of today. Emerging technologies in banking and finance such as automation, data center, cloud, etc. are in the global threat to exploits, vulnerabilities and malware.

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COMPANIES PROFILED
Cisco Systems, Inc
Check Point Software Technology Ltd
IBM

THIS FINANCE CYBERSECURITY MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Finance Cybersecurity Market size and Forecast , by region, by application
2. Average B-2-B price for Finance Cybersecurity Market, by region, per user
3. Technology trends and related opportunity for new Finance Cybersecurity Market tech suppliers
4. Market share of leading vendors, by region,
5. Coronavirus impact on Finance Cybersecurity Market earnings

Media Contact
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

Media Contact
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.

We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

The consistently changing business sector progression in mobility space has put considerably more accentuation on looking at advertise knowledge before your peers. An important market insight, when learned at opportune time, could be the distinction between a decent and a terrible business choice.

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