Global Cyber Security Market Information- Forecast -2021 Market Scenario: Cyber security is one of the most important concerns for all the countries around the globe. As the technology is growing and new applications are coming into picture, hackers are finding the new loopholes and by that they are stealing the important and confidential data’s from the servers and selling it to the other countries or in black market. The report on Global Cyber security market shows that total market size for the cyber security has been increase to billions and currently growing with the CAGR rate of ~8-11%. Key players:
Cisco Corporation (U.S.)
Mcafee Corporation (U.S.)
Fortinet Inc. (U.S.)
Trend Micro Inc. (Japan),
Cassidian Cybersecurity Company (France)
Computer Science Corporation (U.S.)
Booz Allen Hamilton Corporation (U.S.)
Kaspersky Lab (Russia)
Fireeye Inc. (U.S.)
Symantec Corporation (U.S.)
. Key Findings:
-Asia-Pacific is expected to dominate cyber security market surpassing the revenues of North America during the forecast period.
-The growing online banking malware to obtain financial information of debit/credit card and bank account passwords has given rise to cyber security market in BFSI sector.
-The need for cyber security in aerospace and defense sector is expected to grow at high CAGR in the forecast period