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Wednesday, 6 April 2016

Cyber Security Market to Grow at a CAGR of 12.13% From 2016 to 2020

Cyber security solutions enable organizations by monitoring, detecting, reporting, and countering cyber threats to maintain data confidentiality. With an increase in Internet penetration in emerging countries, the adoption of cyber security solutions is expected to grow. Also, with the usage of wireless networks for mobile devices such as smartphones, tablets, and laptops, these IT systems have become vulnerable to cyber-attacks. 

Further, with the adoption of cloud-based services and emergence of IoT, IT systems have become more vulnerable to cyber-attacks.

Technavio's analysts forecast the global cyber security market to grow at a CAGR of 12.13% during the period 2016-2020.

Covered in this report 

The report covers the present scenario and the growth prospects of the global cyber security market for the period 2016-2020. To calculate
the market size, the report considers the revenue generated from the sale of cyber security solutions

The market is divided into the following segments based on geography: 
  • North America
  • Europe
  • APAC
  • Latin America
  • MEA
Technavio's report, Global Cyber Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
  • Booz Allen Hamilton
  • Lockheed Martin
  • McAfee
  • Symantec
  • Trend Micro 
Other prominent vendros 
  • Boeing
  • Brocade Communication
  • Check Point Software Technologies
  • Cisco
  • CSC
  • EMC
  • F-Secure
  • Fortinet
  • General Dynamics
  • HP
  • IBM
  • Kaspersky Lab
  • Juniper Networks
  • L-3 Communications
  • Microsoft
  • Northrop Grumman
  • Raytheon
  • Sophos.
Market driver 
  • Intense vendor competition
  • For a full, detailed list, view our report 
Market challenge 
  • Issues with integration
  • For a full, detailed list, view our report 
Market trend 
  • Growing implementation of MSSP
  • For a full, detailed list, view our report 
Key questions answered in this reports
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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