Global Cyber Security Industry Revenue and Forecasts to 2025 |The Insight Partners
The “Global Cyber Security Industry report categories the global industry by Solutions, Applications and Geography” report provides a detailed overview of the major factors impacting the global industry with the industry share analysis and revenues of various sub segments.
Global Cyber Security is associated to information technology security that focuses on protecting computers programs, networks and data from unauthorized access. With the tremendous growth in the number of cyber-attacks and the intensity attacks, it has become mandatory for organizations to have adequate protection from such threats. Cyber-security is the modern day term used for protection against cyber espionages. Huge confidential data requires adequate level of security so that it doesn’t get hacked or controlled by someone or else the data gets corrupted. Government, military, public data, Banking Financial Service and Insurance and hospitals are the verticals which produce huge amount of confidential data and transfer this data across networks.
Huge and confidential data requires highest level of protection. Currently Big Data, predictive analysis trending in various industries; data generation, storage and transfer have undoubtedly became the word of businesses today. These technology trends are here to stay in the coming years and thus have become the primary drivers for the growth of this industry. Additionally, Government regulation on data privacy and growing number of cyber threats are the revenue generators for the Global Cyber Security industry. Also, rise in the usage of mobile devices, cloud and digitization have contributed on Global Cyber Security awareness. Furthermore, the rising scope of BYOD in companies is also driving this industry.
The growth of the Global Cyber Security considering the advantages it offers hasn’t been so smooth and has faced with certain restraining factors. The primary restraint to the growth of this industry is the lack of awareness about cyber security. The other factor that limits the growth to this industry is the availability of pirated security software and lack of talented security professionals in organizations. Ban on piracy and strict actions taken by Government on piracy could be conducive to reduce the effect of that factor.
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Amongst the revenue contributors to the Global Cyber Security industry, North America and Europe are leading while APAC with emerging economies in India, China and South-East Asian countries is growing rapidly. Mobile security, SIEM, cloud security and threat intelligence are the applications which have contributed to the growth of this industry.
Segmentations Covered in the Cyber Security Market
- Solution : Identity and Access Management, Encryption, Risk and Compliance Management, Data Loss Prevention, Antivirus/Antimalware, Firewall Management
- End-user Industry : BFSI, Telecom & IT, Aerospace & Defense, Healthcare
- Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Cyber Security Market Report
- Intel Security
- Symantec Corporation
- IBM Corporation
- Hewlett-Packard Enterprise
- Cisco Systems, Inc.
- EMC RSA
- Rapid7, Inc.
- Trend Micro, Inc.
- Fireeye, Inc.
- Sophos Ltd.
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Reason to buy
- Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Cyber Security industry, thereby allowing players across the value chain to develop effective long term strategies
- Get reliable information about the strategies manufacturers in this industry use to drive revenue
- Gain insights into the competitive landscape, to strengthen industry competitiveness and positioning
- Highlights key business priorities in order to assist companies to realign their business strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging industries
- Scrutinize in-depth global industry trends and outlook coupled with the factors driving the industry, as well as the those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition
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