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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.
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Cyber SecurityMarketExpected to Reach $269.76 Billion By 2026 | CAGR: 13.1% “Cyber Security Market Size, Trends, Industry Analysis Report By Type (Enterprise, Network, Application, Endpoint & others Security); By Deployment Model; By End-User (BFSI, IT & Telecom, Healthcare, Retail, Defense & Government, Travel & Hospitality); By Organization Size; By Solution (Encryption, Unified Threat Management, Identity and Access Management, Data Loss Prevention, Antivirus/Anti-Malware, Risk & Compliance Management, Disaster Recovery); By Component; By Regions - Segment Forecast, 2020 – 2026”
Cyber Security Market Estimate & Forecast • The latest report by Polaris Market Research states that the global Cyber Security market is progressing at a rapid pace and is expected to account $269.76 Billion By 2026, with a significant CAGR of 13.1% during the anticipated period 2020 To 2026. • The global market report delivers a comprehensive measure of the market for the predicted period which encompasses numerous prominent factors such as market insights, trends, country-level analysis, size, value and volume, share, and growth rate. This study then incorporates opportunities, drivers, restraints, as well as major segments, competitive landscape, major innovations, and COVID-19 impact on trends and future of the market. • Product developments, leading company’s R&D investments, usage of quantitative and qualitative business strategies, and supportive government policies are enhancing the overall growth of the Cyber Security market. A key objective of this report is to assist clients in making the right selection and method to gain successful results in their enterprise. • The report contains accurate and reliable market data and useful recommendations to provide an overall scenario. While preparing this report on the Cyber Security market, the analyst has employed advanced tools and techniques such as SWOT analysis and Porter’s Five Forces model.
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Cyber SecurityMarket Estimate & Forecast • The report comprises in-depth coverage of the Cyber Security market with detailed market segmentation on the basis of product type, application, end-use, and region. The advancements and progress in the market is given for the projection period keeping in mind the emerging trends and patterns. This report will help reader understand the market opportunities available in the report. • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the Cyber Security market are: 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. Browse Complete Report
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