Press release
Proactive Security Market 2021 Value with Status and Global Analysis – Oracle Corp., FireEye Inc., IBM Corp., RSA Security LLC
Proactive Security market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2021 to 2025 are profiled in this report.The proactive security market was valued at USD 20.81 million in 2019 and is expected to reach USD 45.67 million by 2025, at a CAGR of 14% over the forecast period 2020 - 2025.
The Proactive Security market is highly competitive and consists of a number of major players: Oracle Corp., FireEye Inc., IBM Corp., RSA Security LLC (Dell Technologies), Rapid7 Inc., Cygilant Inc., Qualys Inc., Trustwave Holdings Inc., AlienVault Inc. (AT&T Cybersecurity), ThreatConnect Inc., FireMon LLC.
Company News :
- May 2019 - Cygilant announced that it has joined the AT&T Cybersecurity Partner Program to help AlienVault USM Anywhere customers with managed security services. As a part of AT&T Cybersecurity�s program, Cygilant assigns dedicated Cybersecurity Advisors who become familiar with a customer�s systems, processes, compliance requirements, and security goals.
- March 2019 - RSA unveiled the newest version of its market-leading SIEM, RSA NetWitness Platform, which features machine learning models based on deep endpoint observations to rapidly detect anomalies in user's behavior to uncover evolving threats. This announcement furthers RSA's strategy to help customers take a unified, phased approach to manage digital risk, an ever-increasing challenge faced by organizations with ambitious digital transformation initiatives.
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Scope of the Report
A proactive security approach is used for prevention against major cybersecurity incidents before they actually happen. With the adoption of proactive security solutions, organizations can effectively maintain and secure their critical information from data breaches. Proactive security solutions help organizations optimize their security infrastructure, easily manage security vulnerabilities, and control all their security products from a single platform. The proactive security program that encompasses prudent practices, such as content monitoring and filtering of electronic communications among others, will help ensure the security, confidentiality, and compliance with regulations that mandate the protection of sensitive information.
Key Market Trends
BFSI Sector Expected to Grow at a Significant Rate
- The BFSI is the fastest-growing vertical in the proactive security market, as BFSI companies have stringent legal and regulatory compliances associated with information security. Small and Medium-sized Enterprises (SMEs) continue to deploy proactive security solutions, as SMEs are increasingly facing malware-based and DNS-based cyber-attacks.
- The number of cyber-attacks against financial services companies, according to data from the Financial Conduct Authority (FCA), increased by more than 80%, in 2018. Considering that cyber-attacks have a direct impact on the churn rate, the financial service providers are expected to strengthen their security solutions.
- Banks and other financial service providers are actively adopting proactive security solutions, to defend their IT assets and data from malware and ransomware. Apart from the regular initiatives like encryption, solutions, such as advanced malware protection, security analytics, vulnerability management, among others, the security providers are well equipped to deal with the advanced vulnerability system in order to safeguard the BFSI industry.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Proactive Security Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Irfan Tamboli (Head of Sales)
Market Insights Reports
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About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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