According to
the report, global cyber security market was valued at USD 105.45 billion in 2015,
is expected to reach USD 181.77 billion in 2021 and is anticipated to grow at a
CAGR of 9.5% between 2016 and 2021.
Internet
security or cyber security is a branch of computer security specifically
related to internet. The Internet has given rise to new opportunities almost in
every field such as business, sports, education or entertainment and many
others. However, the internet has its
own drawbacks like cyber crime, where the computer used for various types of
thefts and crime. Various types of cyber crimes include hacking, software
piracy, denial of service attack, and cyber terrorism. The purpose of cyber
security is to establish rules and measures to use against cyber crimes over
the internet.
Request Free Sample Copy of Research
Report @ https://goo.gl/fNaS3h
Cyber security
referred to the processes and technologies designed to safeguard, computers and
data from cyber crime. Governments, military, financial organizations,
hospitals and several other industries gather and store or transmit a large
amount of confidential data on computers. In order to protect this information
or data cyber security becomes essential.
The cyber
security market has shown exponential growth in past few years. The major
driving factor for the global cyber security market is increasing the stringency
of government regulations and growing cyber threats. Demand for integrated
cyber solutions is another key factor anticipated to drive the market growth in
the years to come. Furthermore, rising severity of cyber-crimes, the popularity
of cloud security, rapid adoption of cloud computing, data center, and wireless
communication are expected to boost the cyber security market in the near
future. However, lack of effective defense major is expected to hamper the
market growth. Growing demand for cyber security products and services is
expected to open up new growth opportunities in the forecast period.
Make an Inquiry before Purchase @ https://goo.gl/SG87vK
Based on
security types, the global cyber security market is segmented into network
security, cloud security, wireless security and others. Among all, network
security was the leading type segment of the global cyber security market. It
accounted more than 40% shares of the overall market in 2015. On the basis of
solution cyber security market is classified into identity and access
management (IAM), encryption, risk and compliance management, data loss
prevention, antivirus and antimalware, firewall and others. Based on vertical
of cyber security, the market is segmented into categories such as aerospace,
government, financial services, telecommunication, healthcare, and others.
North
America was the largest market for cyber security in the world due to the
stringency of government regulations and growing cyber threats. North America
has established the cyber market with wide implementation in diverse
organizations. North America and Europe both are tending towards maturation
phase in cyber security market owing to technological development and high
awareness among the population. Moreover, cyber security market has a huge
opportunity in the emerging markets of Asia Pacific due to increasing demand
for cyber security solutions and products.
The key
players active in this market are Symantec, IBM, McAfee, Northrop Grumman, Booz
Allen Hamilton, CSC and among others. Players in cyber security market are
expected to develop more advanced and user-friendly solutions to combat
continuously against evolving cyber threats.
Browse detail report with in-depth
TOC @ https://goo.gl/zQru7n
About Us :
Zion Market
Research is an obligated company. We create futuristic, cutting edge,
informative reports ranging from industry reports, company reports to country
reports. We provide our clients not only with market statistics unveiled by
avowed private publishers and public organizations but also with vogue and
newest industry reports along with pre-eminent and niche company profiles. Our
database of market research reports comprises a wide variety of reports from
cardinal industries. Our database is been updated constantly in order to
fulfill our clients with prompt and direct online access to our database.
Keeping in mind the client’s needs, we have included expert insights on global
industries, products, and market trends in this database. Last but not the
least, we make it our duty to ensure the success of clients connected to
us—after all—if you do well, a little of the light shines on us.
No comments:
Post a Comment