Key Drivers and Market Trends
The Global Cyber security market is projected to grow by $ 189.70 bn, accelerating at a CAGR of almost 14.97% till 2025 owing to factors such as increase in use of mobile devices. In addition, Implementing a firewall as a disruptive deception capability is a key trend that is expected to drive market growth. This research report delineates all the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Cyber Security Market: Segments and Geographical Regions
Cyber Security Market: Vendor Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
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The report provides insights into the following FAQs:
Cyber Security Market: Key Drivers and Segmentation
Market Insights to Drive Recovery from COVID-19
Technavio’s Cyber Security Market is set to grow by $ 189.70 billion, and the market will progressing at a CAGR of almost 15% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.
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Cyber Security Market: Key Market Drivers
One of the key factors that will drive growth is increase in use of mobile devices. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.
Cyber Security Market: Segment List
This report provides a detailed analysis of the market by End-user (Government, BFSI, ICT, Manufacturing, and Others), Deployment (On-premises solutions and Cloud-based solutions), and Geographic (North America, Europe, APAC, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report
Cyber Security Market: AO Kaspersky Lab, Broadcom Inc., Cisco Systems Inc., Fortinet Inc., McAfee LLC, The Boeing Co., Hewlett Packard Enterprise Co., Lockheed Martin Corp., Booz Allen Hamilton Holding Corp., and Trend Micro Inc. are some of the leading competitors
The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market. AO Kaspersky Lab, Broadcom Inc., Cisco Systems Inc., Fortinet Inc., McAfee LLC, The Boeing Co., Hewlett Packard Enterprise Co., Lockheed Martin Corp., Booz Allen Hamilton Holding Corp., and Trend Micro Inc. are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report
The report provides insights into the following FAQs:
Cyber Security Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the cyber security market and it is expected to grow by $ 189.70 bn, accelerating at a CAGR of almost 15% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Cyber Security Market: Key Trends to impact market growth
The Implementing a firewall as a disruptive deception capability is one of the key cyber security market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Cyber Security Market: Top Drivers to Boost Demand
The increase in use of mobile devices is one of the primary factors driving the growth of the cyber security market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: AO Kaspersky Lab, Booz Allen Hamilton Holding Corp. and Broadcom Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AO Kaspersky Lab, Booz Allen Hamilton Holding Corp., Broadcom Inc., Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Lockheed Martin Corp., McAfee LLC, The Boeing Co., and Trend Micro Inc. are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Cyber Security Market: Key Highlights of the Report for 2021-2025
Technavio has been monitoring the cyber security market and it is expected to grow by USD 189.70 billion, accelerating at a CAGR of almost 15% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report
Cyber Security Market: Emerging Trends to Impact Market Growth
The use of mobile devices for personal and professional use is increasing access to critical data and information, which will increase the chances of unauthorized access. With advances in technology, vendors are introducing firewalls with advanced capabilities such as intrusion prevention, blacklists, reputation feeds, and URL filtering. This helps in leveraging threat detection and provide an enhanced opportunity to protect the network. The deception responses can be generated by a firewall or by leveraging integration with deception providers that specialize in emulating services, or by providing deception hosts designed specifically to be attacked. The key to successful deceptions is believability. Therefore, firewall policies would need to be constructed in a way to align the real services with deceptive services within the deception providers' emulated services (for instance, deception mappings). As a firewall is a major part of a cyber security solution, it will drive the revenue flow in the global cyber security market.
35% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for cyber security in North America. Market growth in this region will be slower than the growth of the market in APAC. The increased adoption of cyber security solutions by end-user industries and the shift of conventional IT services to internet-based IT systems are the prime factors that will facilitate the cyber security market growth in North America over the forecast period.
Cyber Security Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AO Kaspersky Lab, Booz Allen Hamilton Holding Corp., Broadcom Inc., Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Lockheed Martin Corp., McAfee LLC, The Boeing Co., and Trend Micro Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
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