Global Cyber Security Market Is Expected to Reach USD 177 Billion by 2025; Finds New Report
Lewes, DE -- (SBWire) -- 01/29/2019 --The global cyber security market is projected to exceed US$ 177 Billion by 2025. Cybersecurity is becoming a strategic imperative for organization owing to increased focus on preventing information in the wake of high-profile data thefts and breaches. The worldwide spending on cybersecurity is increasing as it is becoming difficult to keep pace with the rise in cybercrimes and malware attacks on governments, BFSI and healthcare organizations. The adoption of cybersecurity solutions is expected to grow with the increasing penetration of internet among developing and developed countries. Also, the expanding wireless network for mobile devices has increased data vulnerability making cybersecurity an integral part of every single organization across the world.
Global Cyber Security Market & Forecast - By Product Segments
- Network security, Identity and Access Management (IAM) and Security and Vulnerability Management (SVM) are the top product segments by size and growth prospects.
- Network security emerged as the most attractive product segment by size.
- Identity and Access Management (IAM) accounted for over 16% share of the overall product market in 2017.
- Security and Vulnerability Management (SVM) is anticipated to capture nearly 23% share of the overall cyber security products market by 2025.
- Messaging security and web security are product groups with low growth prospects.
Global Cyber Security Market & Forecast - By Service Segments
- The service segments dominate the overall cyber security market.
- In 2017, the managed security services captured maximum share of the overall cyber security services market.
- Integration service solutions accounted for over 30% share of the overall cyber security services market in 2017.
- The education and training segment captured least share of the overall cyber security services market.
Global Cyber Security Market & Forecast - By Industry Verticals
- The government sector accounted for lion's share of the global cyber security market in 2017.
- Banking, Financial Services and Insurance (BFSI) sector accounted for nearly 22% share of the global cyber security market in 2017.
- Manufacturing companies were not known for storing sensitive information, but that has changed in a big way.
- The information and communications technology (ICT) sector captured nearly 10% share of the global cyber security market in 2017.
- The healthcare industry is likely to capture over 6% share of the global cyber security market by 2025.
Global Cyber Security Market & Forecast - By Geography
- North America captured maximum share of the global cybersecurity market in 2017, followed by Europe.
- It is anticipated that Asia Pacific will account for over 30% share of the global cybersecurity market by 2025.
- Countries such as India and China are rapidly moving toward digitization in all the sector which is anticipated to increase the cybercrime activities in the region.
Global Cyber Security Market (By Product Segments, Service Segments, Industry Verticals, Geography, Recent Developments) - Forecast to 2025 report provides a comprehensive assessment of the fast-evolving, high-growth Cyber Security Market.
This 106 Page report with 61 Figures and 5 Tables has been analyzed from 9 viewpoints:
1. Global Cyber Security Market & Forecast (2015 - 2025)
2. Global Cyber Security Market Share & Forecast (2015 - 2025)
3. By Product Segments - Global Cyber Security Market & Forecast (2015 - 2025)
4. By Service Segments - Global Cyber Security Market & Forecast (2015 - 2025)
5. By Industry Verticals - Global Cyber Security Market & Forecast (2015 - 2025)
6. By Geography - Global Cyber Security Market & Forecast (2015 - 2025)
7. Global Cyber Security Market - Key Developments
8. Global Cyber Security Index 2017
9. Global Cyber Security Market - Growth Drivers and Challenges
Global Cyber Security Market & Forecast - By Product Segments
- Network Security
- Identity and Access Management (IAM)
- Security and Vulnerability Management (SVM)
- End Point Security
- Messaging Security
- Web Security
- Others
Global Cyber Security Market & Forecast - By Service Segments
- Managed Security Services
- Integration Solutions
- Security Consulting
- Education and Training
Global Cyber Security Market & Forecast - By Industry Verticals
- Government
- Banking, Financial services and Insurance
- Manufacturing
- Information and Communication Technology (ICT)
- Retail
- Healthcare
- Others
Global Cyber Security Market & Forecast - By Geography
- North America
- Europe
- Asia Pacific
- Others
Global Cyber Security Index 2017
- Africa
- Americas
- Arab States
- Asia and the Pacific
- Europe
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.
Please visit this link for more details: https://www.marketresearchreports.com/igate/global-cyber-security-market-product-segments-service-segments-industry-verticals-geography
Find all IT Security Reports at: https://www.marketresearchreports.com/it-security
For related reports please visit: https://www.marketresearchreports.com/search/site/Cyber%20Security
Read our Interactive Market Research Blog
About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.
Contact us for your market research requirements: https://www.marketresearchreports.com/contact
Media Relations Contact
Sudeep Chakravarty
Director - Operations
MarketResearchReports.com
1-302-703-9904
https://www.marketresearchreports.com/igate/global-cyber-security-market-product-segments-service-segments-industry-verticals-geography
View this press release online at: http://rwire.com/1133866