Product Code: RP-ID-10078292 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: ICT & Telecom |
Report ID: 10078292
Market Overview:
Cyber Security Industry By Industry Type (Transportation, Telecom and IT, Aerospace and Defense, Healthcare), By Deployment Type (On-Premises, Cloud), and By Service (Training and Education, Managed Services, Consulting) - Global Size Analysis and Market Forecast 2019-2025
Global Cyber Security Industry was valued at USD 139.5 Billion in the year 2017. Global Cyber Security Industry is further estimated to grow at a CAGR of 10.4% from 2019 to reach USD 307.49 Billion by the year 2025. North America region holds the highest Industry share in 2017 and Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level, developed Industries like the U.S. as well the emerging industries like China with highest population base holds the notable Industry share in 2017 and it is projected to grow at a gradual rate in the coming years.
Major market players in Cyber Security Industry are McAfee LLC, IBM Corporation, Cisco Systems Inc., Symantec Corporation, Palo Alto Networks, Trend Micro, Juniper Networks, Fortinet, Check Point Software Technologies, Sophos, and other 10 more companies detailed information is provided in the report. Technological up gradation to cater changing demand of end users along with growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.
SWOT Analysis of Cyber Security Industry:
Strength:
Mandatory legislation regarding cybersecurity
Weakness:
Availability of pirated security solutions
Opportunities:
Increasing use of social media platforms for business dealings
Growing interests of end users in cryptocurrencies
Threats:
Lack of skilled personnel to curb the growing ransomware attacks
Segmentation done on the basis of Industry include Transportation, Telecom and IT, Aerospace and Defense, Healthcare, Retail, Manufacturing, Banking Financial Services and Insurance (BFSI); of which the BFSI segment is expected to hold the highest Industry share during the forecast period.
Cyber Security Industry Segmentation:
By Industry Sector
• Transportation
• Telecom and IT
• Aerospace and Defense
• Healthcare
• Retail
• Banking, Financial Services, and Insurance
• Manufacturing
• Others
By Deployment Type
• On-Premises
• Cloud
By Service
• Training and Education
• Managed Services
• Consulting
• Design and Integration
• Risk and Threat Assessment
• Support and Maintenance
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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