Global Digital Security Market to grow at a CAGR of 11.43% during 2016-2020

Albany, NY, Feb 07, 2017: Digital security solutions are gaining importance among large enterprises, government organizations, and SMBs because they protect critical information from unauthorized access and security attacks. They also protect computers and digital devices from malware, worms, and advanced security threats. Digital security has been gaining prominence over the years because of the increase in incidences of hacking. Since traditional defense mechanisms are not able to address complex and sophisticated threats efficiently, many organizations have considered adopting digital security solutions to actively manage and reduce security risks.

The global digital security market to grow at a CAGR of 11.43% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global digital security market for 2016-2020. The report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market based on revenue, technology, geographical presence, and end-users.

The market is divided into the following segments based on geography:
- APAC
- Europe
- MEA
- North America
- South America

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Technavio's report, Global Digital Security Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cisco Systems, Inc.
- Gemalto N.V.
- McAfee, Inc.
- Symantec Corp.
- Trend Micro Inc.

Other prominent vendors
- Barracuda Networks
- Check Point Software Technologies
- CipherCloud
- Digital Guardian
- Entrust
- Juniper Networks
- NetComm Wireless
- Sophos
- Trustwave
- Webroot

Market driver
- Increase in number of connected devices
- For a full, detailed list, view our report

Market challenge
- High implementation and maintenance costs
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 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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