Cyber Security Market Market Set to Exceed USD 269 million by 2026| CAGR: 12.7%
Forecast to 2020
Cyber Security Market Size is Estimated to Reach $269 million by 2026
“Cyber Security Market Size, Trends, Industry Analysis Report [By Type (Enterprise, Network, Application, Endpoint & others Security), By Deployment Model (On-Premise, Cloud-Based), By EndUser (BFSI, IT & Telecom, Healthcare, Retail, Defense & Government, Travel & Hospitality), By Organization Size (Large Enterprises, Small & Medium Businesses), By Solution (Encryption, Unified Threat Management, Identity and Access Management, Data Loss Prevention, Antivirus/AntiMalware, Risk & Compliance Management, Disaster Recovery), By Component (Solutions, Services), By Region]: Market Size & Forecast, 2017 – 2026” According to a new research published by Polaris Market Research, the cyber security market is anticipated to reach over USD 269 billion by 2026. In 2017, the enterprise segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2017. The growing need for protection of sensitive data, and increasing cyber terrorism has boosted the adoption of cyber security solutions. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. Additionally, the increasing demand of cyber security solutions from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing demand for cloud-based cyber security solutions would accelerate the growth of the cyber security market. However, However, growing use of pirated cyber security solutions, and complexities associated with device security hinder market growth. Growing demand from emerging economies is expected to provide numerous growth opportunities in the coming years. The cases of cyber-attacks in the healthcare sector have increased significantly over the years. The high demand for electronic health records in the black market has resulted in numerous cyberattacks. The healthcare sector is prone to cyber-attacks owing to limited budget allocation by healthcare institutions for cyber security. The healthcare sector is dominated by small practices and rural hospitals, which lack the resources for investment in cyber security, thereby increasing risks of cyber-attacks. However, introduction of affordable cyber security solutions for healthcare sector, increasing awareness, and growing incidences of cyber-attacks are expected to promote the adoption of cyber security in this sector. Browse Detailed Research Report On Cyber Security Market: https://www.polarismarketresearch.com/industry-analysis/cyber-security-market North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increase in number of cyber-attacks, and growing trend of BYOD drive the market growth in the region. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The increasing spending on data protection in BFSI and defense sectors in the region further promote market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing need for data privacy across various industries in the developing countries of the region. -2-
Cyber Security Market Size is Estimated to Reach $269 million by 2026
The end-users in cyber security market include BFSI, IT & Telecom, healthcare, retail, defense and government, travel and hospitality, and others. In 2017, the defense and government segment accounted for the highest market share owing to increasing need to protect sensitive data and avoid cyber-attacks. The growing government spending to provide enhanced cyber security to the public sector and increasing implementation of cyber security installations in the defense sector, especially in developing countries, supports the market growth in this sector. The increasing adoption of cloudbased cyber security in this sector is expected to support market growth in the coming years.
The well-known companies profiled in the report include Symantec Corporation, Cisco Systems Inc., BAE Systems Inc., EMC Corporation, Hewlett-Packard Enterprise, Intel Security, Palo Alto Networks, Proofpoint Inc., LogRhythm Inc., IBM Corporation, Fortinet, Inc., and Centrify Corporation among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers Request for sample: https://www.polarismarketresearch.com/industry-analysis/cyber-securitymarket/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources -3-
Cyber Security Market Size is Estimated to Reach $269 million by 2026
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1.4. Key take-away 1.5. Stakeholders Executive Summary 2.1. Market Definition 2.2. Market Segmentation Cyber Security Market Insights 3.1. Cyber Security – Industry snapshot 3.2. Cyber Security - Ecosystem analysis 3.3. Cyber Security Market Dynamics 3.3.1. Cyber Security – Market Forces 3.3.1.1. Cyber Security Market Driver Analysis 3.3.1.2. Cyber Security Market Restraint/Challenges analysis 3.3.1.3. Cyber Security Market Opportunity Analysis 3.3.2. Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3. Cyber Security Market PEST Analysis, 2017 3.3.4. Cyber Security Market Value Chain Analysis 3.3.5. Cyber Security Industry Trends 3.3.6. Competitive Ranking Analysis Cyber Security Market Size and Forecast, 2017-2026 by Type 4.1. Key Findings 4.2. Enterprise security 4.3. Network Security 4.4. Application Security 4.5. Endpoint security 4.6. Others Cyber Security Market Size and Forecast, 2017-2026 by Deployment Model 5.1. Key Findings 5.2. On-Premise 5.3. Cloud-Based Cyber Security Market Size and Forecast, 2017-2026 by End-User 6.1. Key Findings 6.2. BFSI 6.3. IT & Telecom 6.4. Healthcare 6.5. Retail 6.6. Defense and Government 6.7. Travel and Hospitality 6.8. Others Cyber Security Market Size and Forecast, 2017-2026 by Organization 7.1. Key Findings 7.2. Large Enterprises 7.3. Small and Medium Businesses -4-
Cyber Security Market Size is Estimated to Reach $269 million by 2026
8. Cyber Security Market Size and Forecast, 2017-2026 by Solution 8.1. Key Findings 8.2. Encryption 8.3. Unified Threat Management 8.4. Identity and Access Management 8.5. Data Loss Prevention 8.6. Antivirus/Anti-Malware 8.7. Risk and Compliance Management 8.8. Disaster Recovery 8.9. Others 9. Cyber Security Market Size and Forecast, 2017-2026 by Component 9.1. Key Findings 9.2. Solutions 9.3. Services 10. Cyber Security Market Size and Forecast, 2017-2026 by Region 10.1. Key Findings 10.2. North America 10.2.1. U.S. 10.2.2. Canada 10.2.3. Mexico 10.3. Europe 10.3.1. Germany 10.3.2. UK 10.3.3. France 10.3.4. Italy 10.3.5. Rest of Europe 10.4. Asia-Pacific 10.4.1. China 10.4.2. India 10.4.3. Japan 10.4.4. Rest of Asia-Pacific 10.5. Latin America 10.5.1. Brazil 10.6. Middle East & Africa 11. Company Profiles 11.1. Cisco Systems Inc. 11.1.1. Overview 11.1.2. Financials 11.1.3. Product Benchmarking 11.1.4. Recent Developments 11.2. Symantec Corporation 11.2.1. Overview 11.2.2. Financials 11.2.3. Product Benchmarking 11.2.4. Recent Developments 11.3. BAE Systems Inc. 11.3.1. Overview -5-
Cyber Security Market Size is Estimated to Reach $269 million by 2026
11.3.2. Financials 11.3.3. Product Benchmarking 11.3.4. Recent Developments 11.4. EMC Corporation 11.4.1. Overview 11.4.2. Financials 11.4.3. Product Benchmarking 11.4.4. Recent Developments 11.5. Hewlett-Packard Enterprise 11.5.1. Overview 11.5.2. Financials 11.5.3. Product Benchmarking 11.5.4. Recent Developments 11.6. Intel Security 11.6.1. Overview 11.6.2. Financials 11.6.3. Product Benchmarking 11.6.4. Recent Developments 11.7. Palo Alto Networks 11.7.1. Overview 11.7.2. Financials 11.7.3. Product Benchmarking 11.7.4. Recent Developments 11.8. Proofpoint Inc. 11.8.1. Overview 11.8.2. Financials 11.8.3. Product Benchmarking 11.8.4. Recent Developments 11.9. LogRhythm Inc. 11.9.1. Overview 11.9.2. Financials 11.9.3. Product Benchmarking 11.9.4. Recent Developments 11.10. IBM Corporation 11.10.1. Overview 11.10.2. Financials 11.10.3. Product Benchmarking 11.10.4. Recent Developments 11.11. Fortinet, Inc. 11.11.1. Overview 11.11.2. Financials 11.11.3. Product Benchmarking 11.11.4. Recent Developments 11.12. Centrify Corporation 11.12.1. Overview 11.12.2. Financials 11.12.3. Product Benchmarking -6-
Cyber Security Market Size is Estimated to Reach $269 million by 2026
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Recent Developments
Access Press Release on Cyber Security Market: https://www.polarismarketresearch.com/pressreleases/global-cyber-security-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com/
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