Spear Phishing Market by Component (Solutions, Services), Deployment Type (Cloud, Hybrid, On-Premises), Organization Size (SMES, Large Enterprises), Vertical (BFSI, Government & Defense, Critical Infrastructure), and Region - Global Forecast to 2022

  • ID: 4258948
  • Report
  • Region: Global
  • 132 Pages
  • Markets and Markets
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The Spear Phishing Market is Expected to Grow from an Estimated USD 840.7 Million in 2017 to reach USD 1,401.6 Million by 2022, at a CAGR of 10.8%

FEATURED COMPANIES

  • BAE Systems PLC
  • Cisco Systems, Inc.
  • Greathorn, Inc.
  • Ironscales
  • Mimecast
  • Phishme
  • MORE

"The spear phishing market is projected to grow at a CAGR of 10.8% between 2017 and 2022"

The spear phishing market is projected to grow from an estimated USD 840.7 million in 2017 to USD 1,401.6 million by 2022, at a CAGR of 10.8% between 2017 and 2022. Organizations rely heavily on spear phishing solutions whereby filtering spam, data loss prevention, email encryption, and email archiving proves beneficial for organizations. Hence, there is a huge demand for the integration of spear phishing market solutions with other mainstream technologies, which is fueling the growth of the spear phishing market. However, lack of awareness about cyber-attacks is restraining the growth of the spear phishing market.

Based on component, the services segment accounted for the largest share of the spear phishing market in 2017 Based on component, the services segment accounted for the largest share of the spear phishing market in 2017. Services provide data analytics and data visualization services to organizations to detect and reveal attack campaigns, source of attacks, and targeted users. The services segment is subsegmented into professional services and managed services. The growth of this segment can be primarily attributed to spear phishing solution vendors that actively monitor emails and email gateways, and prevent data loss.

"Based on vertical, the banking, financial services and insurance vertical is estimated to account for the largest share of the spear phishing market in 2017"

Based on vertical, the Banking, Financial Services and Insurance (BFSI) segment is estimated to account for the largest share of the spear phishing market in 2017. Organizations in the BFSI industry need security products and services that can protect employees, customers, assets, offices, branches, and operations The demand for this segment can be primarily attributed to the rise in usage of smart banking, internet banking, and mobile banking. Hence, the BFSI segment is projected to witness considerable growth during the forecast period.

"North America is estimated to account for the largest share of the spear phishing market in 2017"

The spear phishing market has been studied for North America, Asia-Pacific (APAC), Europe, the Middle East & Africa (MEA), and Latin America. North America is estimated to lead the spear phishing market in 2017. Email security is identified as the most serious economic and national security challenge by the governments of several countries in the region. Increased digitization, use of mobile devices for e-mail access, and online browsing are some of the key factors expected to fuel the growth of the spear phishing market in North America.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key industry people.

The break-up of profiles of primary participants is given below:

  • By Company Type: Tier 1: 17%, Tier 2: 33%, and Tier 3: 50%
  • By Designation: C-level: 35%, Director level: 60%, and Others: 5%
  • By Region: North America: 48%, Asia-Pacific: 17%, Europe: 35%

Key vendors profiled in the report are as follows:
1. Bae Systems PLC (U.K.)
2. Barracuda Networks, Inc. (U.S.)
3. Check Point Software Technologies Ltd. (U.S.)
4. Cisco Systems, Inc. (U.S.)
5. Forcepoint, LLC (U.S.)
6. GreatHorn, Inc. (U.S.)
7. Intel Security (U.S.)
8. Microsoft Corporation (U.S.)
9. Proofpoint (U.S.)
10. Rsa Security LLC (U.S.)
11. Sophos Ltd. (U.K.)
12. Symantec Corporation (U.S.)
13. Trend micro, Inc. (Japan)

Study Coverage:

This study provides a detailed segmentation of the spear phishing market on the basis of component, deployment type, organization size, vertical, and region. Based on component, the spear phishing market is segmented into solutions and services. Based on deployment type, the spear phishing market has been segmented into on-premises, hybrid, and cloud. Based on organization size, the spear phishing market has been segmented into large enterprises and Small & Medium Enterprises (SMEs). Based on vertical type, the spear phishing market has been segmented into Banking, Financial Services, and Insurance (BFSI), government and defense, retail, healthcare, manufacturing, IT and telecommunication, media and entertainment, critical infrastructure, and others (others include transportation and educational facilities). Geographic analysis has been carried out for North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in the following ways:

  • To define, describe, and forecast the spear phishing market based on component, deployment type, organization size, vertical, and region
  • To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the spear phishing market
  • To analyze micromarkets with respect to individual growth trends and contribution made towards the overall market
  • To analyze the opportunities in the market for stakeholders and offer details of competitive landscape for market leaders
  • To forecast the market size of segments with respect to five main regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America
  • To profile key players and comprehensively analyze their core competencies (includes innovation, quality, and customer experience)
  • To track and analyze competitive developments, such as mergers & acquisitions, agreements & contracts, joint ventures, partnerships, and strategic alliances in the spear phishing market.
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FEATURED COMPANIES

  • BAE Systems PLC
  • Cisco Systems, Inc.
  • Greathorn, Inc.
  • Ironscales
  • Mimecast
  • Phishme
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Spear Phishing Market
    4.2 Market By Component
    4.3 Market By Organization Size
    4.4 Market By Deployment Type
    4.5 Market By Top Three Verticals and Regions
    4.6 Market By Region

5 Market Overview
    5.1 Introduction
    5.2 Market Evolution
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Incidences of Spear Phishing Attacks
                    5.3.1.2 Increasing Adoption of Byod Policy in Organizations
                    5.3.1.3 Growth of Cloud Email Security Solution
           5.3.2 Restraints
                    5.3.2.1 Lack of Awareness About Current Threats and Cyber-Attacks
                    5.3.2.2 Concerns of Organizations Regarding Outsourcing of Security Services
           5.3.3 Opportunities
                    5.3.3.1 Stringent Government Regulations and Compliances
                    5.3.3.2 Rising Trend of Predictive Analytics
           5.3.4 Challenges
                    5.3.4.1 Limited Availability of Qualified and Experienced Cyber Security Personnel

6 Spear Phishing Market: Industry Trends
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Solution Providers
           6.2.2 Cloud Providers
           6.2.3 Service Providers
           6.2.4 Verticals
    6.3 Techniques of Spear Phishing Attack
           6.3.1 Blended Or Multi-Vector Threat
           6.3.2 Zero-Day Exploit
           6.3.3 Multi-Stage Attack
           6.3.4 Well-Crafted Email Forgeries
    6.4 Case Study
           6.4.1 Case Study 1
           6.4.2 Case Study 2

7 Market By Component
    7.1 Introduction
    7.2 Solutions
    7.3 Services
           7.3.1 Professional Services
           7.3.2 Managed Services

8 Spear Phishing Market, By Deployment Type
    8.1 Introduction
    8.2 On-Premises
    8.3 Hybrid
    8.4 Cloud

9 Market By Organization Size
    9.1 Introduction
    9.2 Large Enterprises
    9.3 Small & Medium Enterprises (SMES)

10 Market By Vertical
     10.1 Introduction
     10.2 Banking, Financial Services, and Insurance (BFSI)
     10.3 Government and Defense
     10.4 Retail
     10.5 Healthcare
     10.6 Manufacturing
     10.7 IT and Telecommunication
     10.8 Media and Entertainment
     10.9 Critical Infrastructure
     10.10 Others

11 Spear Phishing Market, By Region
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia-Pacific (APAC)
     11.5 Middle East & Africa (MEA)
     11.6 Latin America (LA)

12 Competitive Landscape
     12.1 Introduction
             12.1.1 Vanguards
             12.1.2 Innovators
             12.1.3 Dynamic
             12.1.4 Emerging
     12.2 Competitive Benchmarking

13 Company Profiles
(Overview, Company Scorecard, Product Offerings, Business Strategies, Recent Developments, View)*
     13.1 BAE Systems PLC
     13.2 Barracuda Networks, Inc.
     13.3 Check Point Software Technologies Ltd.
     13.4 Cisco Systems, Inc.
     13.5 Forcepoint, LLC
     13.6 Greathorn, Inc.
     13.7 Intel Security
     13.8 Microsoft Corporation
     13.9 Proofpoint
     13.10 RSA Security LLC
     13.11 Sophos Ltd.
     13.12 Symantec Corporation
     13.13 Trend Micro, Inc.
     13.14 Ironscales
*Details on Overview, Company Scorecard, Product Offerings, Business Strategies, Recent Developments, View might not be captured in case of unlisted companies.
     13.15 Key Innovators
             13.15.1 Mimecast
             13.15.2 Phishlabs
             13.15.3 Phishme
             13.15.4 Votiro Inc.

List of Tables
Table 1 Spear Phishing Market, By Component, 2015-2022 (USD Million)
Table 2 Services: Market By Component, 2015-2022 (USD Million)
Table 3 Professional Services: Spear Phishing Services Market, By Region, 2017-2022 (USD Million)
Table 4 Managed Services: Spear Phishing Services Market, By Region, 2015-2022 (USD Million)
Table 5 Market Size By Deployment Type, 2015-2022 (USD Million)
Table 6 On-Premises: Market Size By Region, 2015-2022 (USD Million)
Table 7 Hybrid: Market Size By Region, 2015-2022 (USD Million)
Table 8 Cloud: Market Size By Region, 2015-2022 (USD Million)
Table 9 Spear Phishing Market Size, By Organization Size, 2015-2022 (USD Million)
Table 10 Large Enterprises: Market Size By Region, 2015-2022 (USD Million)
Table 11 SMES: Market Size By Region, 2015-2022 (USD Million)
Table 12 Market Size By Vertical, 2015-2022 (USD Million)
Table 13 Banking, Financial Services, and Insurance: Market Size, By Region, 2015-2022 (USD Million)
Table 14 Government and Defense: Market Size By Region, 2015-2022 (USD Million)
Table 15 Retail: Market Size By Region, 2015-2022 (USD Million)
Table 16 Healthcare: Market Size By Region, 2015-2022 (USD Million)
Table 17 Manufacturing: Market Size By Region, 2015-2022 (USD Million)
Table 18 IT and Telecommunication: Market Size By Region, 2015-2022 (USD Million)
Table 19 Media and Entertainment: Market Size By Region, 2015-2022 (USD Million)
Table 20 Critical Infrastructure: Market Size By Region, 2015-2022 (USD Million)
Table 21 Other Verticals: Market Size By Region, 2015-2022 (USD Million)
Table 22 Spear Phishing Market Size, By Region, 2015-2022 (USD Million)
Table 23 North America: Market Size By Component, 2015-2022 (USD Million)
Table 24 North America: Market Size By Services, 2015-2022 (USD Million)
Table 25 North America: Market Size By Organization Size, 2015-2022 (USD Million)
Table 26 North America: Market Size By Deployment Type, 2015-2022 (USD Million)
Table 27 North America: Market Size By Vertical, 2015-2022 (USD Million)
Table 28 Europe: Spear Phishing Market Size, By Component, 2015-2022 (USD Million)
Table 29 Europe: Market Size By Services, 2015-2022 (USD Million)
Table 30 Europe: Market Size By Organization Size, 2015-2022 (USD Million)
Table 31 Europe: Market Size By Deployment Type, 2015-2022 (USD Million)
Table 32 Europe: Market Size By Vertical, 2015-2022 (USD Million)
Table 33 Asia-Pacific: Spear Phishing Market Size, By Component, 2015-2022 (USD Million)
Table 34 Asia-Pacific: Market Size By Services, 2015-2022 (USD Million)
Table 35 Asia-Pacific: Market Size By Organization Size, 2015-2022 (USD Million)
Table 36 Asia-Pacific: Market Size By Deployment Type, 2015-2022 (USD Million)
Table 37 Asia-Pacific: Market Size By Vertical, 2015-2022 (USD Million)
Table 38 Middle East & Africa: Spear Phishing Market Size, By Component, 2015-2022 (USD Million)
Table 39 Middle East and Africa: Market Size By Services, 2015-2022 (USD Million)
Table 40 Middle East & Africa: Market Size By Organization Size, 2015-2022 (USD Million)
Table 41 Middle East & Africa: Market Size By Deployment Type, 2015-2022 (USD Million)
Table 42 Middle East & Africa: Market Size By Vertical, 2015-2022 (USD Million)
Table 43 Latin America: Market Size By Component, 2015-2022 (USD Million)
Table 44 Latin America: Market Size By Services, 2015-2022 (USD Million)
Table 45 Latin America: Market Size By Organization Size, 2015-2022 (USD Million)
Table 46 Latin America: Market Size By Deployment Type, 2015-2022 (USD Million)
Table 47 Latin America: Market Size By Vertical, 2015-2022 (USD Million)

List of Figures
Figure 1 Spear Phishing Market: Research Design
Figure 2 Breakdown of Primary Interview: By Company Type, Designation, and Region
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Spear Phishing Market: Assumptions
Figure 7 The Latin America Spear Phishing Market is Projected to Grow at Highest CAGR During the Forecast Period
Figure 8 The Services Segment is Expected to Be A Larger Segment of the Market During the Forecast Period
Figure 9 The Cloud Segment of the Market is Projected to Witness the Highest Growth During the Forecast Period
Figure 10 The Critical Infrastructure Vertical Segment of the Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 11 North America is Expected to Be the Largest Market Share for Spear Phishing in 2017
Figure 12 Increasing Incidences of Spear Phishing Attacks are Expected to Drive the Spear Phishing Market During the Forecast Period
Figure 13 Based on Component, the Solution Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 14 Based on Organization Size, the Large Enterprises Segment is Expected to Be the Largest Segment of the Market in 2022
Figure 15 Based on Deployment Type, the Cloud Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 16 North America is Estimated to Be the Largest Market for Spear Phishing in 2017
Figure 17 The Latin America Spear Phishing Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 18 Evolution of Spear Phishing Market
Figure 19 Drivers, Restraints, Opportunities, and Challenges in the Market
Figure 20 Market Value Chain Analysis
Figure 21 Market Techniques
Figure 22 The Services Segment is Expected to Be A Larger Segment of the Spear Phishing Market By 2022
Figure 23 The Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 The Cloud Segment Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 The SMES Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 The Critical Infrastructure Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 North America is Estimated to Be the Largest Market for Spear Phishing 2017 to 2022
Figure 28 Geographic Snapshot: Latin America is Estimated to Witness Highest Growth During Forecast Period
Figure 29 North America Market Snapshot: Cloud Segment is Holding the Largest Share of the Market in 2017
Figure 30 Latin America Market Snapshot: Services Segment is Holding the Largest Share of the Market in 2017
Figure 31 Dive Chart
Figure 32 Product Offerings
Figure 33 Business Strategies
Figure 34 BAE Systems PLC: Company Snapshot
Figure 35 BAE Systems PLC: Product Offerings Scorecard
Figure 36 BAE Systems PLC: Business Strategies Scorecard
Figure 37 Barracuda Networks, Inc.: Company Snapshot
Figure 38 Barracuda Networks, Inc.: Product Offerings Scorecard
Figure 39 Barracuda Networks, Inc.: Business Strategies Scorecard
Figure 40 Check Point Software Technologies Ltd: Company Snapshot
Figure 41 Check Point Software Technologies Ltd: Product Offerings Scorecard
Figure 42 Check Point Software Technologies Ltd: Business Strategies Scorecard
Figure 43 Cisco Systems, Inc.: Company Snapshot
Figure 44 Cisco Systems, Inc.: Product Offerings Scorecard
Figure 45 Cisco Systems, Inc.: Business Strategies Scorecard
Figure 46 Forcepoint, LLC: Product Offerings Scorecard
Figure 47 Forcepoint, LLC: Business Strategies Scorecard
Figure 48 Greathorn, Inc.: Product Offerings Scorecard
Figure 49 Greathorn, Inc.: Business Strategies Scorecard
Figure 50 Intel Corporation: Company Snapshot
Figure 51 Intel Security: Product Offerings Scorecard
Figure 52 Intel Security: Business Strategies Scorecard
Figure 53 Microsoft Corporation: Company Snapshot
Figure 54 Microsoft Corporation: Product Offerings Scorecard
Figure 55 Microsoft Corporation: Business Strategies Scorecard
Figure 56 Proofpoint: Company Snapshot
Figure 57 Proofpoint: Product Offerings Scorecard
Figure 58 Proofpoint: Business Strategies Scorecard
Figure 59 RSA Security LLC: Product Offerings Scorecard
Figure 60 RSA Security LLC: Business Strategies Scorecard
Figure 61 Sophos, Ltd: Company Snapshot
Figure 62 Sophos Ltd.: Product Offerings Scorecard
Figure 63 Sophos Ltd.: Business Strategies Scorecard
Figure 64 Symantec Corporation: Company Snapshot
Figure 65 Symantec Corporation: Product Offerings Scorecard
Figure 66 Symantec Corporation: Business Strategies Scorecard
Figure 67 Trend Micro, Inc.: Company Snapshot
Figure 68 Trend Micro, Inc.: Product Offerings Scorecard
Figure 69 Trend Micro, Inc.: Business Strategies Scorecard
Figure 70 Ironscales: Product Offerings Scorecard
Figure 71 Ironscales: Business Strategies Scorecard

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  • BAE Systems PLC
  • Barracuda Networks, Inc.
  • Check Point Software Technologies Ltd.
  • Cisco Systems, Inc.
  • Forcepoint, LLC
  • Greathorn, Inc.
  • Intel Security
  • Ironscales
  • Microsoft Corporation
  • Mimecast
  • Phishlabs
  • Phishme
  • Proofpoint
  • RSA Security LLC
  • Sophos Ltd.
  • Symantec Corporation
  • Trend Micro, Inc.
  • Votiro Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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