U.S. markets open in 2 hours 44 minutes
  • S&P Futures

    3,836.00
    +2.00 (+0.05%)
     
  • Dow Futures

    30,964.00
    +28.00 (+0.09%)
     
  • Nasdaq Futures

    11,816.00
    +7.50 (+0.06%)
     
  • Russell 2000 Futures

    1,741.70
    0.00 (0.00%)
     
  • Crude Oil

    99.68
    +0.18 (+0.18%)
     
  • Gold

    1,760.10
    -3.80 (-0.22%)
     
  • Silver

    19.10
    -0.02 (-0.08%)
     
  • EUR/USD

    1.0204
    -0.0066 (-0.64%)
     
  • 10-Yr Bond

    2.8090
    0.0000 (0.00%)
     
  • Vix

    27.73
    +0.20 (+0.73%)
     
  • GBP/USD

    1.1925
    -0.0027 (-0.22%)
     
  • USD/JPY

    135.3790
    -0.4630 (-0.34%)
     
  • BTC-USD

    20,111.48
    +371.09 (+1.88%)
     
  • CMC Crypto 200

    436.10
    -3.93 (-0.89%)
     
  • FTSE 100

    7,149.55
    +124.08 (+1.77%)
     
  • Nikkei 225

    26,107.65
    -315.82 (-1.20%)
     

The Global Cyber Security Market is expected to reach a value of USD 390,000.01 Million by 2027, at a CAGR of 10.10% over the forecast period (2021 - 2027) - SkyQuest Technology

·6 min read
SkyQuest Technology Consulting Pvt. Ltd.
SkyQuest Technology Consulting Pvt. Ltd.

The emerging online e-commerce platforms and the introduction of core technologies such as the internet of things (IoT), artificial intelligence (AI), cloud security, and others are driving the cyber security market. Key market players are concentrating their efforts on the development of internet security solutions based on artificial intelligence (AI) platforms. For example, Fortinet, Inc. launched FortiXDR, an AI-enabled, fully automated online cyber threat detection XDR solution, in January 2021. With cumulative investments from Germany, France, India, Spain, South Korea, Italy, Canada, Qatar, and others, the growing demand for solutions is expected to gain traction. Manufacturing, banking, financial services, and insurance (BFSI), as well as healthcare, are expected to drive market growth in the coming years.

Westford, USA, May 04, 2022 (GLOBE NEWSWIRE) -- Computer security, also known as cyber security or information technology security, is the protecting of computer systems and networks against information disclosure, theft or damage to their hardware, software, or electronic data, as well as disruption or misdirection of the services they provide. The market's growth can be attributed to the increasing sophistication of cyberattacks. Over the last decade, the frequency and severity of cyber scams and crimes have increased, resulting in huge losses for businesses. Businesses around the world have increased their spending on advanced information security technologies to strengthen their in-house security infrastructures as cybercrime has increased significantly. Targeted attacks have grown in popularity in recent years, infiltrating targets' network infrastructure while remaining anonymous. Attackers with a specific goal typically target endpoints, networks, on-premises devices, cloud-based applications, data, and a variety of other IT infrastructures. The primary goal of targeted attacks is to infiltrate the networks of targeted companies or organizations and steal critical information. As a result of these targeted attacks, businesses' mission-critical operations suffer from disruptions, intellectual property loss, financial loss, and loss of critical and sensitive customer information. The consequences of targeted cyber-attacks affect not only the organizations targeted but also their domestic and international customers. Attackers steal Personally Identifiable Information (PII) such as names, phone numbers, addresses, driver's license numbers, and social security numbers, increasing the number of security breaches and identity thefts.

Read market research report, " Global Cyber Security Market segmented by Type (Network Security, Application Security, Mobile Security, Wireless Security, Cloud Security, and Others), Solution (Disaster Recovery, Anti-malware And Anti-virus, Mobile Device Management, Firewalls, Authentication and Authorization, Intrusion Detection And Protection Systems (ID/IP Systems), Network Access Control, Data Loss Prevention, Encryption, DDOS Mitigation, Security Information And Event Management (SIEM), Whitelisting, and Other), Industry Vertical (Government, Defense, Aerospace, Banking and Financial Services Industries, Travel and Transportation, Telecommunication, Healthcare, Retail, Manufacturing, and Others), Services (Consulting Services, Network Vulnerability Assessment, Managed Security Services, Design and Integration, and Others) and By Region, And Segment Forecasts, 2021 - 2027” by SkyQuest

Get sample copy of this report:

https://skyquestt.com/sample-request/cyber-security-market

The cloud computing model is widely adopted due to its powerful and flexible infrastructure. Many organizations are shifting their preference toward cloud solutions to simplify the storage of data, and also as it provides remote server access on the internet, enabling access to unlimited computing power. The implementation of cloud-based model enables organizations to manage all the applications as it provides exceptionally challenging analytics that runs in the background.

Cyber security requirements are growing faster than budgets allocated to address them. Most small businesses do not have the budget or IT security expertise to implement enhanced cyber security solutions to protect their networks and IT infrastructures from various cyber-attacks. Limited capital funding can be a major impediment for some small and medium-sized businesses adopting the cyber security model. Emerging start-ups in developing countries throughout MEA, Latin America, and APAC frequently face difficulties in obtaining finance and appropriate funding to implement cyber security solutions for their businesses. Capital funding in these firms is primarily acquired for the protection of business-critical operations, leaving little or no funding for the advancement of advanced cyber security solutions.

The top players in the Cyber security market are AVG Technologies, Check Point Software Technologies Ltd., Cisco Systems Inc., Cyber Ark Software Ltd., Dell Technologies Inc., FireEye Inc. Fortinet, IBM Corporation, Imperva, Intel Security etc. New players are also entering the segment thus increasing its market penetration and therefore demand growing exponentially.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Browse summary of the report and Complete Table of Contents (ToC):

https://skyquestt.com/report/cyber-security-market

SkyQuest has segmented the Global Cyber Security Market based on Type, Solution, Industry, Services and Region:

  • Cyber Security Market By Type (Revenue, USD Million, 2020 - 2027)

    • Network Security

    • Application Security

    • Mobile Security

    • Wireless Security

    • Cloud Security

  • Cyber Security Market By Solutions Outlook (Revenue, USD Million, 2020 - 2027)

    • Disaster Recovery

    • Anti-malware and Anti-virus

    • Mobile Device Management

    • Firewalls

    • Authentication and Authorization

    • Intrusion Detection and Protection Systems (ID/IP Systems)

    • Data Loss Prevention

    • Encryption

    • DDOS Mitigation

    • Security Information and Event Management (SIEM)

    • Whitelisting

  • Cyber Security Market By Industry Outlook (Revenue, USD Million, 2020 - 2027)

    • Government

    • Defense

    • Aerospace

    • Banking and Financial Services Industries

    • Travel and Transportation

    • Telecommunication

    • Healthcare

    • Retail

    • Manufacturing

  • Cyber Security Market By Services Outlook (Revenue, USD Million, 2020 - 2027)

    • Consulting Services

    • Network Vulnerability Assessment

    • Managed Security Services

    • Design and Integration

  • Cyber Security Market Regional Outlook (Revenue, USD Million, 2020 - 2027)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • France

      • UK

      • Italy

      • Spain

      • Rest of Europe

    • Asia Pacific

      • China

      • India

      • Japan

      • Rest of Asia Pacific

    • Central & South America

      • Brazil

      • Rest of CSA

    • Middle East & Africa

      • GCC Countries

      • South Africa

      • Rest of MEA

List of Key Players of Cyber Security Market

  • AVG Technologies (Czech Republic)

  • Check Point Software Technologies Ltd. (Israel)

  • Cisco Systems Inc. (US)

  • Cyber Ark Software Ltd. (US)

  • Dell Technologies Inc. (US)

  • FireEye Inc. (US)

  • Fortinet (US)

  • IBM Corporation (US)

  • Imperva (US)

  • Intel Security (US)

  • Palo Alto Networks Inc. (US)

  • Proofpoint Inc. (US)

  • Rapid7 Inc. (US)

  • Symantec Corporation (US)

  • Trend Micro Inc. (Japan)

Speak to Analyst for your custom requirements:

https://skyquestt.com/speak-with-analyst/cloud-computing-market

Related Reports in SkyQuest’s Library:

Global Metaverse Market segmented By Type (Mobile, Desktop), By Technology (Blockchain, VR & AR, Mixed Reality, and Others), By Application (Gaming, Online Shopping, Content Creation, Social Media, and Others) & By Region- Forecast and Analysis 2020-2027

Global SAAS Market segmented By Deployment (Public cloud, Private cloud, Hybrid cloud), By Application Area (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Supply Chain Management (SCM), Others), By End user (Small & Medium Enterprises, Large Enterprises) & By Region- Forecast and Analysis 2020-2027

Global Video Conferencing Market Segmented By Component (Hardware, Solution, Services) By Hardware (Multi Point Control Unit, Hard Codec, Peripheral Devices) By Deployment (On-premises, Cloud) By Application (Corporate Communications, Training And Development, Marketing And Client Engagement) & By Region - Forecast And Analysis 2020-2027

Global Data Monetization Market Segmented By Organization Size (Large Enterprises, Smes) By Method (Data As A Service, Insight As A Service, Analytics-enabled Platform As A Service, Embedded Analytics) By Vertical (BFSI, It & Telecom, E-commerce And Retail, Healthcare, Manufacturing Energy And Utilities, Others) & By Region - Forecast And Analysis 2020-2027

Global Wearable Camera Market is segmented By Type (Head Mount, Body Mount, Ear Mount, and Smart Glass), By Application (Sports & Adventure, Security, Healthcare, Military & Defense, and Other) & By region- Forecast and Analysis 2020-2027

About Us:

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

Address:

1 Apache Way, Westford, Massachusetts 01886

Phone:

USA (+1) 617-230-0741

Email: sales@skyquestt.com

LinkedIn Facebook Twitter