Cyber Security Market Size, Share, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027


Rising adoption of machine-to-machine learning and Internet of Things are key factors driving growth of the cyber security market

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The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. Rising adoption of machine-to-machine learning and Internet of Things are key factors driving growth of the cyber security market .

Enterprises are increasingly adopting cloud-based services as this is less expensive and does not require an IT infrastructure setup. Cloud deployment leads to vulnerabilities in software and makes information easily accessible by cyber criminals.

Sharing of such information externally or internally has made organizations vulnerable to cybercrime through different mediums. A successful online attack can harm the reputation of an enterprise as well as impact brand value. This can also result in loss of competitive advantage and impact companies financially

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Furthermore, the report provides a comprehensive overview of the Cyber Security market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

In March 2021, NFP introduced new cybersecurity product to suit the personalized coverage need of customers. DigitalShield solution was made possible due to the company’s partnership with CyberScout, which is a cyber-specialist claims management provider. DigitalShield offers protection for a variety of cyber-crimes, such as ransomware, cyber-attacks, identity theft, cyber bullying, and cyber stalking, among others.

Encryption is a cyber-security measure which protects personal and private data through the use of unique codes that scramble the data and make it almost impossible for intruders to read. Even if there is a data breach, encryption ensures institution’s private data is safe even when cyber criminals get past the firewall.

Key players in the market include IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet.

Emergen Research has segmented the global cyber security market on the basis of component, solution, services, security type, deployment, organization size, end-use, and region:

  • Component Outlook (Revenue, USD Billion; 2018–2028)
    • Hardware
    • Software
  • Solution Outlook (Revenue, USD Billion; 2018–2028)
    • Threat Intelligence
      1. Identity and Access Management
      2. Security and Vulnerability Management
      3. Risk and Compliance Management
      4. Others (Others include threat intelligence platforms, SIEM, and incident forensics)
    • Encryption
    • Data Loss Prevention
      1. Network DLP
      2. Storage/ Data Center DLP
      3. Endpoint DLP
    • Unified Threat Management
    • Firewall
    • Antivirus/ Antimalware
    • Intrusion Detection Systems/ Intrusion Prevention Systems
      1. Network-based
      2. Host-based
      3. Wireless
    • Disaster Recovery
    • Distributed Denial of Service
    • Web Filtering
    • Others (Other solutions include application whitelisting and patch management)
  • Services Outlook (Revenue, USD Billion; 2018–2028)
    • Professional Services
      1. Design and Integration
      2. Risk and Threat Assessment
      3. Consulting
      4. Training and Education
      5. Support and Maintenance
    • Managed Security Services
  • Security Type Outlook (Revenue, USD Billion; 2018–2028)
    • Application Security
    • Network Security
    • Cloud Security
    • Endpoint Security
    • Others
  • Deployment Outlook (Revenue, USD Billion; 2018–2028)
    • Cloud
    • On-Premises
  • Organization Size Outlook (Revenue, USD Billion; 2018–2028)
    • Small and Medium Enterprises
    • Large Enterprises
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • Government and Defense
    • Healthcare
    • BFSI
    • Energy and Utilities
    • Manufacturing
    • IT and Telecom
    • Retail
    • Others

 

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Market Taxonomy:

Chapter 1: Methodology Scope

  • Definition and forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2:

Executive Summary

  • Business trends
  • Regional trends
  • Product trends
  • End-use trends

Chapter 3:

Industry Insights

  • Industry segmentation
  • Industry landscape
  • Vendor matrix
  • Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

  • Business Overview
  • Financial Data
  • Product Landscape
  • Strategic Outlook

Unfolding the prime factors prompting growth:

The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Cyber Security market into a broad product spectrum.

The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.

A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.

Key Questions Answered in the Report:

What is the growth rate of the Cyber Security market? What is the anticipated market valuation of Cyber Security industry by 2027?

What are the key growth driving and restraining factors of the Cyber Security market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Cyber Security industry over the forecast period?

Which region is expected to show significant growth in the coming years?

 

Read More: https://www.emergenresearch.com/industry-report/cyber-security-market

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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