Cyber security market in Europe to grow at a CAGR of 12.64% over the period 2014-2019

Cyber threats are internet-based attempts that disrupt or damage IT systems and hack critical information using spyware, malware, and phishing. Cyber security solutions help organizations detect, monitor, report, and counter cyber threats and maintain the confidentiality of IT systems. Increased internet penetration has led an exponential rise in sophisticated attacks on IT business infrastructure. Organizations are increasingly adopting cyber security solutions to protect critical data or any digital asset stored in a computer or any digital memory device. Cyber threats are becoming the major concern with the increase in usage of mobile devices and applications.

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Technavio's analysts forecast the cyber security market in Europe to grow at a CAGR of 12.64% over the period 2014-2019.

Covered in this report

In this report, the Technavio analyst covers the present scenario and growth prospects of the cyber security market in Europe for the period 2015-2019.

To calculate the market size, the analyst considers the revenue generated from the sales of cyber security solutions in Europe. The report also includes market insights, market description, end-user segmentation, and market landscape in Europe.

In addition, it provides forecast and an analysis of the four key leading countries in the cyber security market in Europe:

Russia
Germany
France
UK

TechNavio's report, Cyber Security Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

BAE Systems
Cisco Systems
Fortinet
Northrop Grumman
Raytheon
Symantec

Other Prominent Vendors

Brocade Communications Systems
CSC
Emc²
FireEye
F-Secure
Hewlett-Packard
IBM
Kaspersky Lab
L-3 Communications
McAfee
Microsoft
Palo Alto Networks
Skybox Security
TripWire
Trustwave

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Market Driver

Increased Use of Mobile Devices
For a full, detailed list, view our report

Market Challenge

High Cost of Deployment
For a full, detailed list, view our report

Market Trend

Demand for Cloud-based Security Solutions
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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