Cyber Security Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

The global cyber security market is anticipated to grow at a CAGR of 11.1% during the forecast period. The major factor driving the growth of the global cyber security market during the forecast period is the increasing cases of security breaches due to cloud misconfigurations and the increasing adoption of cloud-based solutions across the globe. According to CheckPoint report 2020, there was a threat of 68% configuration error in the cloud platform which was followed by 58% of unauthorized cloud access and 52% unsecured interfaces as well as 50% account theft. Furthermore, as per the NETSCOUT Threat Intelligence report, in 2020, DDoS attacks became more prevalent with 4.83 million attacks in the first half of the year.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/cyber-security-market

Another factor propelling the growth of the cybersecurity market is the rising inclination of major market players towards the adoption of various strategic initiatives such as mergers and acquisitions, partnerships, geographical expansion, and collaborations to stay competitive in the market. The major companies serving the global cyber security market include Cisco Systems Inc., IBM Corp., CheckPoint Inc., Trend Micro, and Microsoft Corp. among others. For instance, in December 2020, IBM Security announced new technology initiatives leveraging Amazon Web Services (AWS) to help clients simplify and extend their security visibility across AWS and hybrid cloud environments. The projects include integrations with AWS security services, quick start deployment for key IBM Security technologies, and expert consulting and managed security services support.

Global Cyber Security Market Report by Segment

By Type

• Network Security
• Application Security
• Mobile Security
• Wireless Security
• Others

By Component

• Solution
• Service

By Vertical

• Government & Defence
• Aerospace
• BFSI
• Travel And Transportation
• Telecommunication
• Healthcare
• Retail
• Manufacturing
• Others

A full report of Cyber Security Market available @ https://www.omrglobal.com/industry-reports/cyber-security-market

Cyber Security Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AVG Securities
• Booz Allen Hamilton
• Capgemini
• Cisco Systems Inc.
• Clearwater Compliance LLC
• CSC Corp.
• CYBERARK SOFTWARE LTD.
• Dell SecureWorks
• Forcepoint
• Fortinet, Inc.
• Herjavec Group
• IBM Corp.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.