Cybersecurity Market 2020 Strategic Assessment – Symantec, Cisco Systems, HPE, Trend Micro, Juniper Networks

The Cybersecurity Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Top Leading Companies of Global Cybersecurity Market are Symantec, Cisco Systems, HPE, Trend Micro, Juniper Networks, Fortinet, Sophos, Check Point Software Technologies, McAfee, IBM, Palo Alto Networks, Fireeye, and others.

On The Basis Of Product, The Cybersecurity Market Is Primarily Split Into

Network security

Endpoint security

Application security

Cloud security

Wireless security

Others

On The Basis Of End Users/Application, This Report Covers

Managed services

Professional services

Regional Outlook of Cybersecurity Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Influence of the Cybersecurity market report:

-Comprehensive assessment of all opportunities and risk in the Cybersecurity market.

– Cybersecurity market recent innovations and major events.

-Detailed study of business strategies for growth of the Cybersecurity market-leading players.

-Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.

-In-depth understanding of Cybersecurity market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Cybersecurity market.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Cybersecurity Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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Cybersecurity Market – Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

Market Study Report LLC provides a detailed overview of Cybersecurity market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Cybersecurity market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Cybersecurity Market is anticipated to exceed 300 billion by 2024.

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Some of the players operating in the cybersecurity market are BAE Systems, CyberArk Software Ltd., Microsoft Corporation, Splunk, Inc., RSA Security, LLC., Oracle Corporation, Palo Alto Networks, Inc., Symantec Corporation., F5networks, Inc., Check Point Software Technologies Inc.,  Hewlett-Packard, Ltd., F-Secure Corporation, FireEye, Inc., Fortinet, Inc., IBM Corporation, Rapid7, Sophos Group plc, Intel Corporation, Proofpoint, Inc., McAfee LLC, Cisco Systems, Inc., and Trend Micro, Inc.

In the last five years, the financial losses caused due to cyber-attacks have risen by over 62%, encouraging companies to adopt advanced cybersecurity solutions to protect their sensitive information from unsanctioned access. In addition, the rising adoption of IoT devices is also promoting the adoption of cybersecurity solutions. Most of the IoT devices lack basic security features, enabling cybercriminals to exploit the vulnerabilities to conduct various illegal activities.

Another factor propelling cybersecurity market growth is the increasing need among organizations to minimize the security risks. With the increasing adoption of cloud platforms & other network solutions, organizations are becoming more exposed to external breaches. This has driven the companies to increase their budgetary allocations for cybersecurity solutions. The increasing penetration of several mobile and wireless devices is also adding to cybersecurity market growth. The availability of inexpensive smart devices and developments in the telecommunication infrastructure is increasing the adoption of mobile devices among enterprises and consumers.

The security services market holds over 60% share in the global cybersecurity market. The inexpensive nature of services and the rising adoption of BYOD polices are fostering its adoption among enterprises of all sizes. The network security market is also projected to grow at a CAGR of over 15% over the forecast time period. The rising penetration of integrated security solutions & IP traffic is fueling its adoption network security solutions. The market is driven by the increasing frequency of cyber-attacks. This is attributed to the extensive digitalization across multiple business sectors.

The large enterprise held over 60% share of the cybersecurity market. The market in large enterprises is primarily driven by the increasing financial losses associated with the cybersecurity breaches. The average cost of cybersecurity breaches among large organizations has increased by over 11% in 2017. The government cybersecurity market is expected to grow at a CAGR of over 15% over the forecast time period. The loss of critical data and the erosion of trust in government officials have encouraged public sector agencies to deploy cybersecurity solutions to safeguard its network architecture.

The transportation market is anticipated to grow at a CAGR of over 15% over the projected timespan. The use of the Industrial Internet of Things (IIoT), smart logistics, and several modernization initiatives will provide a broader surface for cybercriminals to penetrate the company network. This has promoted the use of cybersecurity solutions in the transportation and logistics industry. The banking industry is predicted to grow at a CAGR of over 16% over the forecast timespan. The introduction of various stringent regulatory policies that mandate financial establishments to deploy security solutions has influenced the cybersecurity market.

The North America region is leading the cybersecurity market with over 40% share in 2017. The increasing investments and acquisition of cybersecurity start-ups by major players in the region are adding to market growth. The European region accounted for over 20% market share of the cybersecurity market in 2017. The rising public-private partnerships and government investments are driving the cybersecurity market in the region. The government has also enforced various regulations, enforcing business establishments of all sizes to use cybersecurity solutions.

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The cybersecurity landscape is dominated by large players such as McAfee, Sophos, Symantec, Trend Micro, Check Point Software, and Palo Alto Networks. These players are conducting strategic acquisitions of various start-ups in the market to broaden the product line and strengthen its position in the market. In November 2018, Symantec Corporation acquired Javelin Networks, an Israel-based cybersecurity provider. The products developed by Javelin Networks will be integrated into Symantecs product portfolio to expand its product offerings.

  Report Content:
Chapter 1.   Methodology and Scope

Chapter 2.   Executive Summary

Chapter 3.   Cybersecurity Industry Insights

Chapter 4.   Cybersecurity Market, By Type (Revenue & Shipment)

Chapter 5.   Cybersecurity Market, By Vehicle Type (Revenue & Shipment)

Chapter 6.   Cybersecurity Market, By Application (Revenue & Shipment)

Chapter 7.   Cybersecurity Market, By Region (Revenue & Shipment)

Chapter 8.   Company Profiles

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Cybersecurity Market Global Growth, Opportunities, Industry Analysis & Forecast to 2024

A recent report by Market Study Report, LLC, on ‘Cybersecurity Market’ provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

Global cybersecurity market is anticipated to exceed US $300 billion by the year 2024. Additionally, increasing adoption of IoT, cloud platform and other digital solutions is making organizations vulnerable to external breaches. This factor, along with advancements in telecommunication infrastructure is propelling the cybersecurity market.
The cybersecurity market is driven by the rise in frequency of cyber-attacks owing to the widespread digitalization across multiple business sectors. It has been observed that the financial losses due to cyber-attack have risen over 62% in the last five years. This has resulted in increased adoption of advanced cybersecurity solutions by the companies to protect their sensitive information from unsanctioned access.

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Speaking of regional contribution, North America dominated the cybersecurity market with 40% share in 2017. The regional growth is due to growing investments and implementation of the solution by leading companies.

Considering the organization type, large enterprise held more than 60% share of the global cybersecurity market in 2018, while the government segment is expected to grow with a CAGR of 15% over the analysis period. The growth is attributed to rising cybersecurity breaches and need to safeguard the network.
Based on the product type, security services segment held 60% of cybersecurity market share, owing to increasing adoption of BYOD and affordability of the service. While the network security segment is presumed to grow with a CAGR of 15% over the forecast period, due to rise in IP traffic and growing inclination towards integrated security solutions.
On the basis of industry, cybersecurity market from transportation segment is presumed to register 15% growth over the forecast period, owing to increased risk cybercrimes after the adoption of smart logistics, IIoT and other modern solutions.
Some of the key players operating in the cybersecurity market are RSA Security, LLC., BAE Systems, CyberArk Software Ltd., Check Point Software Technologies Inc., Intel Corporation, F-Secure Corporation, Microsoft Corporation, Splunk, Inc., Rapid7, FireEye, Inc., and IBM Corporation among others.

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Table of Content:

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3.  Global Cybersecurity Industry Insights

Chapter 4.  Competitive Landscape

Chapter 5.   Global Cybersecurity Market, By Product Type

Chapter 6.   Global Cybersecurity Market, By Organization Type

Chapter 7.   Global Cybersecurity Market, By Industry

Chapter 7. Cybersecurity Market, By Region

Chapter 8. Company Profile

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Cybersecurity Market Future Scope, Demands and Projected Industry Growths to 2024

Market Study Report LLC has added a new report on Cybersecurity market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Cybersecurity market in tandem with its competitive terrain.

Cybersecurity Market is anticipated to exceed 300 billion by 2024. The market is driven by the increasing frequency of cyber-attacks. This is attributed to the extensive digitalization across multiple business sectors.

In the last five years, the financial losses caused due to cyber-attacks have risen by over 62%, encouraging companies to adopt advanced cybersecurity solutions to protect their sensitive information from unsanctioned access. In addition, the rising adoption of IoT devices is also promoting the adoption of cybersecurity solutions. Most of the IoT devices lack basic security features, enabling cybercriminals to exploit the vulnerabilities to conduct various illegal activities.

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Some of the players operating in the cybersecurity market are BAE Systems, CyberArk Software Ltd., Microsoft Corporation, Splunk, Inc., RSA Security, LLC., Oracle Corporation, Palo Alto Networks, Inc., Symantec Corporation., F5networks, Inc., Check Point Software Technologies Inc., Hewlett-Packard, Ltd., F-Secure Corporation, FireEye, Inc., Fortinet, Inc., IBM Corporation, Rapid7, Sophos Group plc, Intel Corporation, Proofpoint, Inc., McAfee LLC, Cisco Systems, Inc., and Trend Micro, Inc.

Another factor propelling cybersecurity market growth is the increasing need among organizations to minimize the security risks. With the increasing adoption of cloud platforms & other network solutions, organizations are becoming more exposed to external breaches. This has driven the companies to increase their budgetary allocations for cybersecurity solutions. The increasing penetration of several mobile and wireless devices is also adding to cybersecurity market growth. The availability of inexpensive smart devices and developments in the telecommunication infrastructure is increasing the adoption of mobile devices among enterprises and consumers.

The security services market holds over 60% share in the global cybersecurity market. The inexpensive nature of services and the rising adoption of BYOD polices are fostering its adoption among enterprises of all sizes. The network security market is also projected to grow at a CAGR of over 15% over the forecast time period. The rising penetration of integrated security solutions & IP traffic is fueling its adoption network security solutions.

The large enterprise held over 60% share of the cybersecurity market. The market in large enterprises is primarily driven by the increasing financial losses associated with the cybersecurity breaches. The average cost of cybersecurity breaches among large organizations has increased by over 11% in 2017. The government cybersecurity market is expected to grow at a CAGR of over 15% over the forecast time period. The loss of critical data and the erosion of trust in government officials have encouraged public sector agencies to deploy cybersecurity solutions to safeguard its network architecture.

The transportation market is anticipated to grow at a CAGR of over 15% over the projected timespan. The use of the Industrial Internet of Things (IIoT), smart logistics, and several modernization initiatives will provide a broader surface for cybercriminals to penetrate the company network. This has promoted the use of cybersecurity solutions in the transportation and logistics industry. The banking industry is predicted to grow at a CAGR of over 16% over the forecast timespan. The introduction of various stringent regulatory policies that mandate financial establishments to deploy security solutions has influenced the cybersecurity market.

The North America region is leading the cybersecurity market with over 40% share in 2017. The increasing investments and acquisition of cybersecurity start-ups by major players in the region are adding to market growth. The European region accounted for over 20% market share of the cybersecurity market in 2017. The rising public-private partnerships and government investments are driving the cybersecurity market in the region. The government has also enforced various regulations, enforcing business establishments of all sizes to use cybersecurity solutions.

The cybersecurity landscape is dominated by large players such as McAfee, Sophos, Symantec, Trend Micro, Check Point Software, and Palo Alto Networks. These players are conducting strategic acquisitions of various start-ups in the market to broaden the product line and strengthen its position in the market. In November 2018, Symantec Corporation acquired Javelin Networks, an Israel-based cybersecurity provider. The products developed by Javelin Networks will be integrated into Symantecs product portfolio to expand its product offerings.

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Report Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Cybersecurity Industry Insights

Chapter 4. Cybersecurity Market, By Type (Revenue & Shipment)

Chapter 5. Cybersecurity Market, By Vehicle Type (Revenue & Shipment)

Chapter 6. Cybersecurity Market, By Application (Revenue & Shipment)

Chapter 7. Cybersecurity Market, By Region (Revenue & Shipment)

Chapter 8. Company Profiles

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Middle East and Africa Cybersecurity Market Future Growth with Technology and Outlook 2020 to 2024

Cybersecurity Market – Growth, Trends And Forecast (2020 – 2024)

The Middle East region is moving quickly to adopt transformative digital technologies, though the increasing penetration of the internet, adoption of IoT, and cloud, among others to enable the economic diversification. Thus, the region has witnessed a healthy adoption of cybersecurity solutions for these digital platforms to avoid an increasingly complex battery of threats.

The Middle East & Africa Cybersecurity market was valued at USD 6.24 billion in 2018, and it is expected to register a CAGR of 14.97% during the forecast period, (2019-2024).

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Top Companies in the Middle East and Africa Cybersecurity Market:

NEC Corporation, Cisco Systems Inc., Dell Technologies, Kaspersky Lab, IBM Corporation, Check Point Software Technologies Ltd, Palo Alto Networks Inc., Symantec Corporation, Trend Micro Inc., Fortinet Technologies, FireEye Inc., Proofpoint Inc., Imperva Inc among others.

Market Overview:

In recent times, rapid digitalization in countries, like the United Arab Emirates, Saudi Arabia has triggered the number of connected devices, opening new gateways for cyber attacks.

– Triggered by the recent low crude oil price scenario, the governments in the region are increasing investments in information and communication technologies. As a result, most of the social infrastructure, the financial sector, government services, schools, and hospitals in the region are increasingly deploying interconnectivity solutions with minimal attention to the security needs of these developments.
– The major factors driving the threat of cyber attacks in the Middle East & Africa are the growing vulnerabilities in digital communications networks and supply chains, growth in the user base of online consumers, and most of all, the deficient cybersecurity infrastructure.
– In most of the corporate sector organizations in the region, the level of protection against external attackers was assessed to be extremely low. In fact, more than 43% of the companies lacked proper cybersecurity infrastructure, according to a report released by Kaspersky Lab, based in Moscow. The report also revealed that 73% of successful perimeter breaches in the sector were achieved by penetrating vulnerable web applications.

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Key Market Trends:

BFSI to Hold Major Share

– Banks in the region are responding to the consumer preferences of the digital era by stepping up their investment in digital innovations, focusing on enhancing their mobile banking security and user experience.
– For instance, Emirates NBD (ENBD), one of the leading banks in the region has committed AED 1 billion for digital transformation. Further, banks, such as Mashreq and Commercial Bank of Dubai (CBD) too have been early adopters of digital transformation.
– The demand for cyber security is expected to grow in the African region owing to the growth in non cash volume growth fueled by a growing population aged 15-24, which will drive new mobile money and digital payment schemes, with Kenya as emerging as a regional leader in implementation and uptake of mobile payment solutions, such as M-Pesa. Augmenting this trend, ABK Egypt with 39 branches, 85 ATMs across the country has employed Cisco’s cybersecurity solution to stay at par with the country’s digital transformation.

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Influence Of  The ​Cybersecurity Market Report:

-Comprehensive assessment of all opportunities and risk in the ​Cybersecurity market.

-​Cybersecurity market recent innovations and major events.

-Detailed study of business strategies for growth of the ​Cybersecurity market-leading players.

-Conclusive study about the growth plot of ​Cybersecurity market for forthcoming years.

-In-depth understanding of ​Cybersecurity market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital market latest trends striking the ​Cybersecurity market.

Finally, Cybersecurity Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Cybersecurity industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Middle East and Africa and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Cybersecurity Market Size, Status and Global Outlook 2020

Global Cybersecurity Market research report published by market insight reports explores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market, and divides the Market into several parameters.

This Cybersecurity Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the global market for approaching years from 2020 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.

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The prominent players in the Global Cybersecurity Market:

IBM, HPE, McAfee, Trend Micro, Symantec, Check Point Software Technologies, Cisco Systems, Palo Alto Networks, Juniper Networks, Fortinet, Fireeye, Sophos and Others.

It further provides the profile reviews of the leading participants, their overall market shares in the global market, business strategies they have adopted, and the latest developments in their respective business in a bid to enhance the decision-making capability of the readers.

The ‘Cybersecurity’ market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.

This report segments the Global Cybersecurity Market on the basis of Types are:

Network security
Endpoint security
Application security
Cloud security
Wireless security
Others (database security and web security)

On the basis of Application, the Global Cybersecurity Market is segmented into:

Managed services
Professional services

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Cybersecurity Market these regions, from 2020 to 2025 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia–Pacific (China, Japan, Korea, India and Southeast).

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Cybersecurity Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Cybersecurity Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2015 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Cybersecurity market report offers a complete and detailed study of global Cybersecurity market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.

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We also offer customization on reports based on specific client requirement:

1- Free country level analysis for any 5 countries of your choice.

2- Free Competitive analysis of any 5 key market players.

3- Free 40 analyst hours to cover any other data points.

Asia-Pacific Cybersecurity Market 2020 Technology Growth and Analysis by 2024

Image result for Cybersecurity

Asia-Pacific Cybersecurity Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

The Asia-Pacific cybersecurity market was valued at USD 21.538 billion in 2017, and is expected to reach a value of USD 38.448 billion by 2023 at a CAGR of 10.14%, over the forecast period (2018 – 2023). Cybersecurity has evolved to be an integral part of any organization, as it is crucial in not just protecting the systems, network and data, but also protecting software and servers, eliminating the disruption or misdirection of services.

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Companies in Asia-Pacific have been found to be 80% more likely to be targeted by hackers as compared to other regions, owing to ineffective cyber laws and lack of cybersecurity awareness. The growing speed and scope of digital transformation in the region, coupled with the advent of IoT, is leading to existing network infrastructure growing vulnerable to cyber-attacks. Cybersecurity has shown impressive growth in the region, with internet, social media, and mobile users, witnessing a robust growth. The increasing severity of these attacks and stringent government regulations are anticipated to further propel the growth of the cybersecurity market in Asia-Pacific.

Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-

Nec Corporation, Cisco Systems Inc., Dell Technologies Inc., Kaspersky Labs, Ibm Corporation, Check Point Software Technologies Ltd, Palo Alto Networks Inc., Symantec Corporation, Trend Micro Inc., Fortinet, Fireeye Inc., Proofpoint Inc., Imperva, Cyberark Software Ltd, Avast Software

Market segment by Regions/Countries, this report covers
North America (U.S., Canada, Mexico)
Asia-Pacific (Germany, UK, France, Rest of Asia-Pacific)
Asia Pacific (China, India, Japan, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa

Increasing Incidences of Cyber Crimes is Driving the Growth of the Market

With cyber-attacks on the rise, the number of successful breaches have been observed to increase rapidly. Cyber-dependent crimes can be committed by using computer networks or other forms of information communication technology (ICT). These include the creation and spread of malware for financial gain and hacking to steal sensitive personal or industry data. Ransomware attacks have also increased in frequency and complexity, and now include threats to publish victim data online, as well as the permanent encryption of valuable data.

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Network Security is Dominating the Market

Network security protects the organizations IT infrastructure from different types of cyber threats, such as viruses, zero-day attacks, worms, and Trojan horse attacks, hacker attacks, denial-of-service attacks, spyware, and adware, among others. The rise in the number of cyber-attacks in Asia-Pacific has spurred the demand for network security solutions. Asia-Pacific encountered the highest number of cyber-attacks in 2016, as compared to the rest of the world. The region also led the world in ransomware threats during the first half of 2017, accounting for about 35% of all ransomware attacks being detected Asia-Pacificly.

Competitive Landscape

November 2017 – Cisco and INTERPOL announced an agreement to share threat intelligence as the first step in jointly fighting cybercrime. Through this alliance, the two organizations are expected to develop a coordinated and focused approach to data sharing.
July 2017 – IBM announced the launch of two new security testing practice areas focused on automotive security, and the Internet of Things (IoT). The new services will be delivered via an elite team of IBM X-Force Red researchers focused on testing backend processes, apps, and physical hardware used to control access and management of smart systems.
March 2017 – NEC Corporation provided government agencies in Malaysia with hands-on cyber defense training. NEC Corporation, Malaysia, was aimed at enhancing the abilities of system administrators in government agencies to effectively handle the increasing threat of cyber-attacks.
February 2017 – Secure Works, a subsidiary of Dell Technologies, and Carbon Black, have teamed up to bring managed, next-generation antivirus (NGAV) protection to clients to block sophisticated security threats.
February 2017 – Palo Alto Networks acquired LightCyber, a privately-held cybersecurity company that has developed award-winning, highly automated, and accurate behavioral analytics technology. Under the terms of the agreement, Palo Alto Networks has acquired LightCyber for USD 105 million in cash.

The key insights of the Cybersecurity Market report:

─The report provides key statistics on the market status of the Cybersecurity market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

─The report provides a basic overview of the industry including its definition, applications and manufacturing technology.

─The Cybersecurity market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.

─The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

─The report estimates 2020-2024 market development trends of Cybersecurity Market.

─Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out

─The report makes some important proposals for a new project of Cybersecurity Industry before evaluating its feasibility.

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Finally, this Cybersecurity report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Cybersecurity product development and gives an outline of the potential Asia-Pacific market.

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