Cybersecurity Market Size, Share, Business Opportunities, Target Audience, Statistics, Growth Potential, Trends, Company Profiles, Global Expansion and Forecasts

Cybersecurity Market Research Report- Forecast till 2025

Market Highlights

In its research report, Market Research Future (MRFR), emphasizes that the global cyber security market 2020 is expected to grow exponentially, securing a substantial market valuation of USD 199.98 billion by 2025 and a healthy 10.5% CAGR over the review period.

Drivers and Restraints

A trend driving market growth is the rapid introduction of online and cloud-based applications. Also driving the demand for cybersecurity products and services is the increasing need for businesses to reduce risks and to strict compliance with regulatory requirements. An additional factor that boosts the demand is the rising occurrence of cyber-attacks globally. Nonetheless, a factor that hampers market growth during the forecast period is the restricted protection budget among the small and medium-sized enterprises. The growing demand from banking, financial services and insurance (BFSI), IT and telecommunication and other verticals offers the profitable opportunity to the key players in the global market. Demand for cloud-based security solutions are developing, which provides market participants with a chance. In addition, cyber-security initiatives are now being prioritized and coordinated with strategic business operations to mitigate the harm to IT infrastructure, which offers the largest market growth potential. Increasing the need for strong authentication techniques will also provide lucrative business opportunities.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/953

Segmentation:

The global cybersecurity market has been segmented based on component, organization size, deployment, security type, vertical, and region/country.

Based on the component, the global cybersecurity market has been divided into solutions and services. The solutions segment has been categorized as risk and compliance management, identity and access management, unified threat management, disaster recovery, firewall, web filtering, antivirus, data loss prevention, security information and event management and others. The services segment has been divided into managed services and professional services. The professional service is further classified as consulting, training & education, support & maintenance, and design & integration.

On the basis of security type, the global cybersecurity market has been divided into small- and medium-sized enterprise (SME) and large enterprise.

Based on the organization size, the global cybersecurity market has been categorized as wireless security, network security, endpoint security, application security, cloud security, and others.

Based on the deployment model, the global cybersecurity market has been segmented into the cloud and on-premise.

On the basis of vertical, the global cybersecurity market has been divided into BFSI, healthcare, manufacturing, IT & telecommunication, government, retail, aerospace & defense, and others.

Regional Analysis

The geographical overview of the global market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world. North America accounted for the most significant market share, as the number of cyber-attacks is increasingly growing due to the businesses deploying cybersecurity solutions for security purposes. The US leads the North American market, as it is the most technologically developed region, and also has a strong cloud technology adoption.

Due to the rising need to combat cyber attacks, Asia-Pacific is projected to be the fastest-growing market during the review period. In addition, the businesses are increasingly adopting these technologies across all verticals to protect their network and data.

Competitive Analysis

The key market players operating in the global market as identified by MRFR are Intel Corporation (US), IBM Corporation (US), Symantec Corporation (US), HP Enterprise (US), Cisco Systems, Inc. (US), Rapid7, Inc. (US), EMC RSA (US), Carbon Black, Inc. (US), FireEye, Inc. (US), Trend Micro, Inc. (Japan), SecureWorks, Inc. (Dell Technologies)  (US), Sophos Ltd. (UK), Imperva (US), BAE Systems (UK), and Akamai Technologies (US).

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

Cybersecurity Market Research Report: Information by Component [Solution (Identity & Access Management, Risk & Compliance Management, Unified Threat Management, Disaster Recovery, Firewall, Antivirus, Web Filtering, Data Loss Prevention, Security Information and Event Management and others) and Service (Managed Services, Professional Services-Training & Education, Consulting, Support & Maintenance and Design & Integration)], Organization Size (Large Enterprise and Small and Medium-Sized Enterprise), Deployment (Cloud and On-Premise), Security Type (Network Security, End Point Security, Application Security, Cloud Security, Wireless Security and others), Vertical (Manufacturing, BFSI, Healthcare, IT & Telecommunication, Retail, Government, Aerospace & Defense and others) – Forecast till 2025

About Us

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

 

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.

 

Our Forte 

 

  • Strong industry focus
  • Robust methodology
  • Tailor-made solutions
  • Disruptive research
  • Cutting-edge detailed reports
  • Competitive pricing
  • Domain expert researchers
  • Timely delivery
  • Ground-breaking approach
  • Advanced and transparent research methodology
  • Cover latest trends and innovations