Cyber Security Market Growth, Future Prospects And Competitive Analysis to 2026 | Fortune Business I

Cyber Security Market Size, Share and Global Trend By Component (Solutions & Services), By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security & Others), By Deployment (Cloud & On-Premise), By Organization Size (Small and Medium Enterprises (SMEs) & Large Enterprises), By Vertical (Banking, Financial Services, and others), and Geography Forecast till 2026 Sample PDF

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Published Date: Sep 2019

Region: Global

Report Format: PDF

Base Year: 2018

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Cyber Security Market Size, Share and Global Trend By Component (Solutions & Services), By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security & Others), By Deployment (Cloud & On-Premise), By Organization Size (Small and Medium Enterprises (SMEs) & Large Enterprises),

By Vertical (Banking, Financial Services, and others), and Geography Forecast till 2026

Rapidly rising e-commerce activities will be the key driver for the global Cyber Security Market growth during the forecast period. E-commerce giants such as Amazon are fast diversifying their businesses and product offerings and ecosystem of connected devices is getting wider and bigger. For example, in 2017, Amazon reportedly shipped more than 5 billion products globally. According to the OECD’s Creditor Reporting System, funds to the tune of USD 6.6 billion were disbursed to promote cross-border electronic connectivity between 2006 and 2016. Thus, as more people shop and transact online, the global Cyber Security Market revenue is set to get fueled in the forecast period.

Browse Complete Report at https://www.fortunebusinessinsights.com/industry-reports/cybersecurity-market-101165 Growing Adoption of Internet of Things (IoT) to Boost the Market Cyber Security refers to the protection of virtually or digitally stored data and information from external attacks in the form of hacking and phishing. With the exponential increase in use of connected devices, rising smartphone and internet penetration, and growing electronic transactions, there is a pressing need for Cyber Security solutions all over the world.

This need has gotten accentuated with the fast-developing AI and IoT technologies. IoT, for instance, is increasingly being viewed as making critical information vulnerable to cyberattacks and can bring down vital infrastructure such as telecommunications and power.

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Cyber Security Market Size, Share and Global Trend By Component (Solutions & Services), By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security & Others), By Deployment (Cloud & On-Premise), By Organization Size (Small and Medium Enterprises (SMEs) & Large Enterprises),

By Vertical (Banking, Financial Services, and others), and Geography Forecast till 2026

The 2016 Mirai Bot attack exposed the fragility of IoT technology as the malware has been specifically designed to breach the security walls of IoT connected devices. This will aid the expansion of the global Cyber Security Market size in the forecast period.

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High Dependency on Connectivity to Fuel the Market in North America Among regions, North America is expected to hold the largest portion in the global Cyber Security Market share owing to the rise in the number of security breaches in the upper corporate tranches and growing dependency on the internet.

Furthermore, development of e-commerce platforms is pushing up the demand for Cyber Security solutions.

Steadily climbing number of internet users in India will propel the market in Asia-Pacific in the forecast period. Additionally, India is expected to witness rising prevalence of cyberattacks in the near future, which is good news for the global Cyber Security Market.

The primary drivers in the market in Europe are proliferation of information and technology (ICT) in the fields of aerospace and defense along with rising investment in Cyber Security measures by public and private sectors in the region.

Fortune Business Insights Pvt Ltd.

Cyber Security Market Size, Share and Global Trend By Component (Solutions & Services), By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security & Others), By Deployment (Cloud & On-Premise), By Organization Size (Small and Medium Enterprises (SMEs) & Large Enterprises),

By Vertical (Banking, Financial Services, and others), and Geography Forecast till 2026

Top Players Microsoft IBM Palo Alto Networks, Inc. Forcepoint Check Point Software Technologies Ltd. RSA Security LLC. Cisco McAfee, LLC Symantec Corporation Trend Micro Incorporated.

Qualys, Inc.

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Fortune Business Insights Pvt Ltd.

Cyber Security Market Size, Share and Global Trend By Component (Solutions & Services), By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security & Others), By Deployment (Cloud & On-Premise), By Organization Size (Small and Medium Enterprises (SMEs) & Large Enterprises),

By Vertical (Banking, Financial Services, and others), and Geography Forecast till 2026

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