CyberSecurity Market Research Report by Forecast to 2025

Posted by Kiran on November 19th, 2019

CyberSecurity Market Scenario:

The global cybersecurity market is estimated to register a CAGR of 10.5% over the forecast period. Market Research Future (MRFR) recently published their latest report on cybersecurity market which states that it is bound to garner a market revenue valuation of USD 199.98% billion by the end of the forecast period. cybersecurity is a combination of various technologies and processes that are deisgned for shielding networks, devices, as well as data, from a cyber attack or unauthorized access. Cybersecurity is also called as information technology security.

A climb in the frequency of cyber-attacks on a global scale is one of the most primary factors driving the global cybersecurity market. However, limitations on security budget in small and medium enterprises are bound to hamper market growth over the forecast period.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/cyber-security-market-953

Major Key Players:

Some distinguished players in the global cybersecurity market include Intel Corporation (US), Symantec Corporation (US), HP Enterprise (US), IBM Corporation (US), Cisco Systems, Inc. (US), Rapid7, Inc. (US), EMC RSA (US), FireEye, Inc. (US), Trend Micro, Inc. (Japan), Sophos Ltd. (UK), SecureWorks, Inc. (Dell Technologies) (US), Imperva (US), BAE Systems (UK), Carbon Black, Inc. (US), and Akamai Technologies (US).

Market Segmentation:

The global cybersecurity market is segmented by component, organization size, deployment, security type, vertical, and region. Such segmentation has enabled the research experts at Market Research Future (MRFR) to inculcate a detailed analysis of the global cybersecurity market in the report to aid in better understanding of the landscape and faster decision making of the audience to this report.

• Based on component, the global cybersecuirty market is segmented into solutions and services. The solutions segment is further segmented into identity and access management, risk and compliance management, firewall, disaster recovery, unified threat management, antivirus, web filtering, data loss prevention, security information and event management, and others.  The services segment is further segmented into managed services and professional services. The professional service segment is further sub-segmented into consulting, training and education, support and maintenance, and design and integration.
• Based on organization size, the global cybersecurity market is segmented into small and medium-sized enterprises, and large enterprises.
• Based on security type, the cybersecurity market is segmented into endpoint security, network security, cloud security, application security, and wireless security.

Detailed Regional Analysis:

The global cybersecurity market is segmented into the regions of North America, South America, the Middle East & Africa, Asia Pacific, and Europe. North America held the largest share of the global cybersecurity market at the beginning of the forecast period.

This market dominion can be owed to the enterprises deploying cybersecurity solutions as the number of cyberattacks rise rapidly. The US is estimated to lead the country-specific market for cybersecurity over the forecast period.