Cyber Security Industry Overview, Size, Share, Trends, Analysis and Forecast to 2025

 Akash Sangshetti

The Insight Partners added new research report “Cyber Security Market to 2025 - Global Analysis and Forecasts by Security Type, Solution and End-user Industry” to its database.

Global Cyber Security is associated to information technology security that focuses on protecting computers programs, networks and data from unauthorized access. With the tremendous growth in the number of cyber-attacks and the intensity attacks, it has become mandatory for organizations to have adequate protection from such threats. Cyber-security is the modern day term used for protection against cyber espionages. Huge confidential data requires adequate level of security so that it doesn’t get hacked or controlled by someone or else the data gets corrupted. Government, military, public data, Banking Financial Service and Insurance and hospitals are the verticals which produce huge amount of confidential data and transfer this data across networks.

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Huge and confidential data requires highest level of protection. Currently Big Data, predictive analysis trending in various industries; data generation, storage and transfer have undoubtedly became the word of businesses today. These technology trends are here to stay in the coming years and thus have become the primary drivers for the growth of this industry. Additionally, Government regulation on data privacy and growing number of cyber threats are the revenue generators for the Global Cyber Security industry. Also, rise in the usage of mobile devices, cloud and digitization have contributed on Global Cyber Security awareness. Furthermore, the rising scope of BYOD in companies is also driving this industry.

The growth of the Global Cyber Security considering the advantages it offers hasn’t been so smooth and has faced with certain restraining factors. The primary restraint to the growth of this industry is the lack of awareness about cyber security. The other factor that limits the growth to this industry is the availability of pirated security software and lack of talented security professionals in organizations. Ban on piracy and strict actions taken by Government on piracy could be conducive to reduce the effect of that factor.

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Amongst the revenue contributors to the Global Cyber Security industry, North America and Europe are leading while APAC with emerging economies in India, China and South-East Asian countries is growing rapidly. Mobile security, SIEM, cloud security and threat intelligence are the applications which have contributed to the growth of this industry.

Segmentations Covered in the Cyber Security Market

  • Solution : Identity and Access Management, Encryption, Risk and Compliance Management, Data Loss Prevention, Antivirus/Antimalware, Firewall Management
  • End-user Industry : BFSI, Telecom & IT, Aerospace & Defense, Healthcare
  • Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)

Some of the leading players in Cyber Security Market Report

  • Intel Security
  • Symantec Corporation
  • IBM Corporation
  • Hewlett-Packard Enterprise
  • Cisco Systems, Inc.
  • Rapid7, Inc.
  • Trend Micro, Inc.
  • Fireeye, Inc.
  • Sophos Ltd.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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Posted By: Akash Sangshetti and Contact Akash Sangshetti
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