Press release
Cyber Situational Awareness Market Outlook: World Approaching Demand & Growth Prospect 2027
Cyber Situational Awareness Market
The increasing integration of digital technologies into everyday life-from smartphones to advanced security applications-has driven widespread adoption across industries. A prime example is edge computing, which has seen rapid commercial growth due to its ability to reduce latency in data processing. This technology also boosts demand for related fields like the Internet of Things (IoT) and cloud computing, with the edge computing market expected to reach $16.5 billion by 2022.
Download Sample Report (Get Full Insights in PDF - 488 Pages) at: https://www.alliedmarketresearch.com/request-sample/A10239
While digital technologies enhance operational efficiency and reduce costs, they also introduce new vulnerabilities. According to McAfee, cybercrime cost the global economy over $1 trillion in 2019, equating to more than 1% of global GDP. The Interstate Technology and Regulatory Council (ITRC) reported that in 2019 alone, 577 data breaches resulted in 15.3 million records being exposed, primarily through hacking techniques like phishing, ransomware, malware, and skimming.
As cyber threats evolve, the demand for cyber situational awareness (CSA) continues to grow. CSA tools enable organizations to understand potential cyber risks, assess real-time threats, and make informed decisions to protect digital assets.
Key Players:
Prominent companies in the cyber situational awareness market include Cyware, Darktrace, Firemon LLC, Honeywell Technologies, IBM Corporation, MarkLogic Corporation, Palo Alto Networks, SAS, and Verint Systems.
This report provides insights into market trends, competitive analysis, and future forecasts, identifying key opportunities for investment and growth in the cyber situational awareness industry.
Buy Now & Get Exclusive Report at: https://www.alliedmarketresearch.com/cyber-situational-awareness-market/purchase-options
Key Market Insights:
1. In 2019, the solutions segment dominated the cyber situational awareness market and is expected to retain its lead. These solutions provide real-time insights, help prioritize resources for critical threats, and offer strategic views by analyzing attack patterns and trends.
2. The services segment, however, is projected to grow at the highest rate. These services assist in deploying and optimizing IT systems, making them essential for organizations aiming for smooth integration and effective functioning of cybersecurity platforms.
3. Network forensics was the leading solution type in 2019 and is anticipated to maintain its dominance due to the rise of cloud adoption and an increase in cyber threats such as Distributed Denial-of-Service (DDoS) attacks. Notably, DDoS incidents surged by 50% in Q3 2020 compared to the previous year, spurred further by the increase in remote work due to the COVID-19 pandemic.
Impact of COVID-19:
The pandemic significantly accelerated the market's growth trajectory beyond pre-COVID projections. The rise in remote work led to widespread adoption of cloud-based systems, broadening the threat landscape. Security teams faced increased challenges due to a virtual workforce and higher frequency of cyberattacks. For example, HIPAA regulations around telehealth were relaxed to enable communication through less secure platforms, increasing the need for vigilant monitoring and breach detection at both physical and digital access points.
Access the full Report Summary at: https://www.alliedmarketresearch.com/cyber-situational-awareness-market-A10239
As a result, 70% of organizations have ramped up investments in cybersecurity, highlighting the urgent need for robust situational awareness solutions.
Market Segment Highlights:
1. Component: The solutions segment led in 2019, but services are expected to experience the fastest growth.
2. Solution Type: Network forensics held the largest share in 2019. However, intrusion detection systems are projected to grow most rapidly.
3. Deployment Type: On-premise solutions dominated in 2019, while hybrid deployment models are set to grow fastest.
4. Industry Verticals: The Banking, Financial Services, and Insurance (BFSI) sector held the largest market share, but the healthcare industry is poised for the highest growth.
5. Region: North America led the global market in 2019, though Asia-Pacific is expected to see the highest growth in coming years.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/A10239
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cyber Situational Awareness Market Outlook: World Approaching Demand & Growth Prospect 2027 here
News-ID: 4022982 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Cyber
Cyber Insurance Market to Expand Rapidly, Fueled by Cyber Threats
According to the latest market research study published by P&S Intelligence, the global cyber insurance market is expected to witness significant growth, with a projected rise from USD 16.1 billion in 2024 to USD 65.2 billion by 2032, expanding at a robust CAGR of 19.3%.
This growth is driven by the increasing frequency of cyberattacks, such as data breaches and ransomware incidents, coupled with rising regulatory pressures on businesses to adopt…
Express your Cyber Attitude with Zeelool Cyber Punk Glasses
Zeelool follows the trend of fashion and launches a series of new and unique cyberpunk glasses, its unique futuristic design concept and sense of technology, perfectly interpreting the aesthetic connotation of cyberpunk culture, the frame uses neon transparent material and black lines intertwined, as if with the digital world constructed in cyberpunk novels, awakening the infinite reverie of people for the virtual reality and holographic technology.
Highlights of Cyberpunk Glasses:
…
Cyber Security Market Research Reports, Cyber Security Market Revenue, Issues an …
The Cyber security, also denoted to as IT security, emphasizes on maintenance computers, programs, networks, and data from unrestrained or spontaneous admittance. It contains network security, application security, endpoint security, identity administration, data security, cloud security, and infrastructure security. As the cyber threats have augmented at an alarming rate, security solutions have been achievement traction, worldwide. Solutions such as antivirus software and firewalls have grown-up in involvedness and recognized to…
Cyber Security Market Research Reports | Cyber Security Market Revenue | Future …
The Cyber security, also mentioned to as IT security, emphasizes on maintenance computers, programs, networks, and data from unrestrained or spontaneous admittance. It contains network security, application security, endpoint security, distinctiveness management, data security, cloud security, and infrastructure safekeeping. As cyber threats have augmented at an alarming rate, security solutions have been purchase traction, globally. Solutions such as antivirus software and firewalls have grown up in complexity and demonstrated to…
Market Research Reports Of Cyber Security | Cyber Security Market Growth Analysi …
Cyber security market is very fragmented & highly competitive market that comprises several global & regional players. Cyber Security is a key concern that helps the organizations to monitor, detect, report, and contradict cyber threats for maintaining data confidentiality. As the innovation is developing and new applications are coming into market, programmers are finding the new escape clauses and taking the significant & secret information's from the servers and selling…
Cyber Institute receives Best Cyber Security Education Initiative - USA
The Cyber Institute received the 2019 US Business News Best Cyber Security Education Initiative - USA for their programs to help reduce barriers into cybersecurity and STEM related careers by advancing traditional and non-traditional pathways; for women and minorities in particular. By increasing access to education, employment, and workforce development, we believe they will have greater opportunities for self-determination and self-reliance.
The Cyber Institute received the prestigious international US Business News…
