Cyber Security Market by Major Players| Cisco Systems, Inc. (U.S.), Symantec Corporation (U.S.),  and More...

Cyber Security Market

The rising adoption of e-commerce platforms and the emergence of disruptive technologies, such as Artificial Intelligence (AI), Internet of things (IoT), and Blockchain, drive the cybersecurity market. For instance, in December 2019, Palo Alto Networks, Inc., an IoT, and machine identity-based company. This acquisition enabled Palo Alto Networks to strengthen the cloud natively security platform and further expand its cloud security capability.

The Major Players Covered in this Report:
Cisco Systems, Inc. (U.S.), Symantec Corporation (U.S.), International Business Machines Corporation (U.S.), Amazon Web Services, Inc. (U.S), McAfee, LLC (U.S), Microsoft (U.S.), Check Point Software Technologies Ltd. (Israel), FireEye, Inc. (U.S).

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By Deployment, Cloud, On-premises

By Services, Professional Services, Managed Services

By User Type, Large Enterprises, Small and Medium Enterprises (SMEs)

By End Users, IT and Telecom, Aerospace and Defense, Public Sector, Healthcare, Others

Rising IoT Solutions and Services in Security Applications

The adoption of IoT and machine learning in security is considered a swiftly developing cybersecurity market trend. Additionally, big data technology is assisting organizations in studying and analyzing potential risks. Considering the impact of these technologies, the adoption of IoT and AI is increasing exponentially in cybersecurity solutions.

One of the key trends enabling the growth of the cybersecurity market is the rising adoption of cloud computing. Cybersecurity solutions are based on complex mathematical prediction models, handling large volumes of data. This data monitoring can be only being fulfilled by cloud technology in a secure and reliable environment at a low cost. Key players, such as IBM Corporation and Cisco Systems, are focusing on integrating cloud computing with cybersecurity solutions. These cloud computing services are backed up by Analytics as a Service (AaaS) offerings, allowing users to detect and mitigate uncertain threats quickly.

Regional Analysis For Cyber Security Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Cyber Security are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

Recent Developments

In September 2018, Microsoft Corporation partnered with Ernst & Young Global Limited to expand its cybersecurity solutions. This acquisition assisted both companies in better managing and responding to cyber threats.
In December 2019, Cisco Meraki expanded its product portfolio along with the incorporation of Cisco Networking Innovation into its solution. This strategy assisted the company in providing a simple, secure, and intelligent platform for building and managing the network for digital business.
In November 2019, Cisco Systems launched platform enhancements and services that assist its users in enhancing their environments by increasing the speed of threat detection and moderation.
In May 2019, Palo Alto Networks acquired two companies, Twistlock and PureSe. These acquisitions helped Palo Alto Networks advance its product portfolio and ability to provide a complete and broad cloud security suite in a wide range of applications of cloud security. 3w2

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