Cyber security is the body of technology, processes, and practices designed to protect networks, computers, programs and data from unauthorized access. Cyber security is basically computer security. Cyber security solutions are increasing the cyber security market because they provide cyber speed and data storage options.
The cyber security market is estimated to grow at a CAGR of 13.5% by 2027. Cyber security is also called information technology (IT) security and focuses on security. It protects computers, programs, networks, and data from unauthorized or spontaneous access. As cyber threats become more important, security solutions have evolved. As the threat of malware and phishing increases and the IoT and BYOD trends within the organization increase, the cyber security industry is growing.
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With the increasing number of criminal organization robberies and the increasing number of attacks against small businesses, the demand for low-cost managed security services is expected to increase sharply in 2019. The surge in demand for small and medium-sized businesses security solutions will have a positive impact on the cyber security market.
Global key Players:- Accenture, Alert Logic, Inc., Armor Defense Inc., AT&T, Atos SE, Barracuda Networks, Inc., Booz Allen Hamilton Inc., Capgemini, CenturyLink, DXC Technology Company, GeekTek IT Services Inc., HCL Technologies Limited, IBM Corp., Kraft Technology Group LLC, LAN Infotech, Online Business Systems, Optiv Security Inc., Orange Business Services, SecureWorks, Inc., Sequoia Cyber Solutions, Symantec Corporation, Tata Consultancy Services Limited, TechWerxe, Trustwave Holdings, Inc., Verizon and Wipro Limited amongst several others.
Cyber Security Market:
By Organization Size
- Small and Medium Enterprise
- Large Enterprise
- Network Security
- Application Security
- End Point Security
- Cloud Security
- Others (Mobile Security, Data Security, etc.)
By Solution Type
- Identity and Access Management (IAM)
- Risk and Compliance Management
- Encryption Data Loss Prevention
- Unified Threat Management
- Others (Web Filtering, Intrusion Detection System etc.)
By Service Type
- Professional Service
- Managed Service
- BFSI (Banking, Financial Services and Insurance)
- IT and Telecom
- Aerospace and Defense
- Others (Education, Retail, etc.)
- North America
- Asia Pacific
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Objective of the Report
1. To analyze strategies/developments such as collaborations, agreements, partnerships, mergers and acquisitions, and product launches and developments in the cyber security market
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the cyber security market.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the cyber security market
- The key findings and recommendations highlight crucial progressive industry trends in the cyber security market, thereby allowing players to develop effective long term strategies
- To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the total market
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
It takes a closer and analytical look at the various companies that are striving for the global cyber security market. To get more clients rapidly, different applicable sales strategies have been mentioned in the report. A notable feature of the report is an analysis of applications, end-users, size and technical platforms.
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