Information Security Products and Services Market Size to Grow by $ 162.57 bn During 2021-2025

Technavio has been monitoring the information security products and services market and it is expected to grow by $ 162.57 bn, accelerating at a CAGR of almost 16% 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

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Information Security Products And Services Market: North America to lead market growth during the forecast period

• 34% of the market growth will originate from North America during the forecast period.
• Increased dependence on the internet will be a key trend that will influence market growth significantly.
• The Advanced and sophisticated threats will be a significant factor in driving the growth of the information security products and services market.

Information Security Products And Services Market: Key Competitors

The market is fragmented. 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. Broadcom Inc., Cisco Systems Inc., CrowdStrike Holdings Inc., Fortinet Inc., Trend Micro Inc., Juniper Networks Inc., McAfee LLC, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, and International Business Machines Corp. 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.

For more insights on this market: Download a Free Sample Report

Information Security Products And Services Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive information security products and services market growth during the next five years
• Precise estimation of the information security products and services market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the information security products and services market industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of information security products and services market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 16%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 162.57 bn through 2021-2025.
    
3. What is a key factor driving this market?
   advanced and sophisticated threats will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   34% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are Broadcom Inc., Cisco Systems Inc., CrowdStrike Holdings Inc., Fortinet Inc., Trend Micro Inc., Juniper Networks Inc., McAfee LLC, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, and International Business Machines Corp.
    
7. What are the market segments covered in this report?
   The market is segmented by Type (Hardware, Software, and Services), Geography (North America, Europe, APAC, South America, and MEA), and Deployment (Cloud security and On-premise security)

Information Security Products and Services Market Size to Grow by $ 162.57 bn During 2021-2025

Technavio has been monitoring the information security products and services market and it is expected to grow by $ 162.57 bn, accelerating at a CAGR of almost 16% 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

Information Security Products and Services Market: Receive Free Sample Report

Information Security Products And Services Market: North America to lead market growth during the forecast period

• 34% of the market growth will originate from North America during the forecast period.

• The region will offer several growth opportunities to market vendors during the forecast period. The US is the key market for information security products and services market in the region. 

• Rise in cyber attacks to drive market growth. The prevalence of advanced and sophisticated threats will be a significant factor in driving the growth of the information security products and services market.

Information Security Products And Services Market: Key Competitors

The market is fragmented. 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. Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., CrowdStrike Holdings Inc., Fortinet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Juniper Networks Inc., McAfee LLC, 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.

For more insights on this market: Download a Free Sample Report

Information Security Products And Services Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive information security products and services market growth during the next five years
• Precise estimation of the information security products and services market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the information security products and services market industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of information security products and services market vendors