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Rising adoption of machine-to-machine learning and Internet of Things are key factors driving growth of the cyber security market
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www.emergenresearch.com Cyber Security Market Report 2021-2028 Rising adoption of machine-to-machine learning and Internet of Things are key factors driving growth of the cyber security market
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Industries We Cater to Power & Energy Food & Beverages Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports Nutrition, Frozen and Processed Food, Household, Retail Automotive Services Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy www.emergenresearch.com Information and Tech Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce Materials and Chemicals Pharma & Healthcare Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings 5
Market Summary The global cyber security market size is expected to reach USD 311.73 Billion at a steady CAGR of 7.6% in 2028, according to latest analysis by Emergen Research. Steady cyber security market revenue growth is due to increase in the number of data breaches and increasing deployment to the cloud, driven by the digitization shift across various industries, sectors, and verticals. Adoption of cloud-based services in various industries has increased thus driving growth of the cyber security market to a significant extent. Enterprises are increasingly adopting cloud-based services as this is less expensive and does not require an IT infrastructure setup. Cloud deployment leads to vulnerabilities in software and makes information easily accessible by cyber criminals. Companies are focused on improving their cyber security software to protect their data from cyber-attacks. Growing popularity of digitalization has prompted various organizations to rely on digitalized information. Sharing of such information externally or internally has made organizations vulnerable to cybercrime through different mediums. A successful online attack can harm the reputation of an enterprise as well as impact brand value. This can also result in loss of competitive advantage and impact companies financially. As a result of crucial need to protect data and information of organizations from possible breach, deployment of cyber security solutions and technologies is imperative, and this is expected to continue to drive market growth going ahead. www.emergenresearch.com
Market Summary Further key findings from the report suggest : In March 2021, NFP introduced new cybersecurity product to suit the personalized coverage need of customers. DigitalShield solution was made possible due to the company’s partnership with CyberScout, which is a cyber-specialist claims management provider. DigitalShield offers protection for a variety of cyber-crimes, such as ransomware, cyber- attacks, identity theft, cyber bullying, and cyber stalking, among others. Encryption is a cyber-security measure which protects personal and private data through the use of unique codes that scramble the data and make it almost impossible for intruders to read. Even if there is a data breach, encryption ensures institution’s private data is safe even when cyber criminals get past the firewall. The professional services segment accounted for largest revenue share in 2020. Increased demand is due to use of cyber security software in enterprise risk assessment, penetration testing, employee training, physical security testing, and cyber security defense. With the use of extensive information and knowledge, companies could reduce additional costs. Request Free Sample : https://www.emergenresearch.com/request-sample/614 www.emergenresearch.com
Market Summary Some Key HighlightsFrom the Report : Large enterprises segment accounted for largest revenue share in 2020 due to increased cyberattack incidence on personal databases of such organizations. Large organizations are improving their cyber security abilities to protect their data and safeguard customer information. Retail industry witnessed more breaches than any other industry in 2019, as criminals deployed more advanced methods to target vast asset and data retailers. As digital commerce is becoming more popular, retailers are investing majorly in state-of-the-art security software to protect their e-commerce engines. Point of Sale (POS) attacks are the most common due to containing sensitive information such as debit and credit card details, numbers, and PINs. Major companies in the market report include : IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet. Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/614 www.emergenresearch.com
Market Summary Emergen Research has segmented the global cyber security market on the basis of component, solution, services, security type, deployment, organization size, end-use, and region: Component Outlook (Revenue, USD Billion; 2018–2028) Hardware Software Solution Outlook (Revenue, USD Billion; 2018–2028) Threat Intelligence Identity and Access Management Security and Vulnerability Management Risk and Compliance Management Others (Others include threat intelligence platforms, SIEM, and incident forensics) Encryption Data Loss Prevention Network DLP Storage/ Data Center DLP Endpoint DLP Unified Threat Management Firewall Read More @ https://www.emergenresearch.com/industry-report/cyber-security-market
Market Summary Antivirus/ Antimalware Intrusion Detection Systems/ Intrusion Prevention Systems Network-based Host-based Wireless Disaster Recovery Distributed Denial of Service Web Filtering Others (Other solutions include application whitelisting and patch management) Services Outlook (Revenue, USD Billion; 2018–2028) Professional Services Design and Integration Risk and Threat Assessment Consulting Training and Education Support and Maintenance Managed Security Services Read More@ https://www.emergenresearch.com/industry-report/cyber-security-market
Market Summary Security Type Outlook (Revenue, USD Billion; 2018–2028) Application Security Network Security Cloud Security Endpoint Security Others Deployment Outlook (Revenue, USD Billion; 2018–2028) Cloud On-Premises Organization Size Outlook (Revenue, USD Billion; 2018–2028) Small and Medium Enterprises Large Enterprises End-use Outlook (Revenue, USD Billion; 2018–2028) Government and Defense Healthcare BFSI Energy and Utilities Manufacturing IT and Telecom Retail Others Read More@ https://www.emergenresearch.com/industry-report/cyber-security-market
Parameter Details Market Size Estimation Period 2020-2028 Base Year Considered 2020 Historical Data 2017-2019 Forecast Period 2021-2028 Quantitative Units Revenue in USD million & CAGR from 2020 to 2028 Segments Covered Types, Application, End-Users, Regions & more. MARKET Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil SEGMENTATION Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends Report Coverage Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa Customization Scope 10 hours of free customization & expert consultation Explore Different Purchase Options & Request for Discount to Avail New Year Discount Pricing and Purchase Options www.emergenresearch.com
Regional Share Dynamics www.emergenresearch.com
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