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Cyber Security Market By Component, User type, And Industry Verticals: Global Opportunity Analysis And Industry Forecast, 2018 - 2025

  • ID: 4828931
  • Report
  • Region: Global
  • 406 pages
  • Allied Analytics LLP
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Cyber threats influence more than just the Information Technology (IT) infrastructure of a company. These threats cause interruptions to the entire network, which further impacts the principal business functions and task. Moreover, organizations evaluate cyber security in terms of direct influence to the successful execution of an organization’s primary mission. Thus, cyber security incorporates the safety of assets from cyber-crime, terrorism, and other network service disruptions that affect everyday operations. In addition, cyber security can be accomplished through active monitoring and prompt response to disruptions. The key players of cyber security market, such as Tata Consultancy Services (TCS), Symantec Corporation, Accenture and others, provide innovative solutions and services to end users. The cyber security market size was valued at $104.60 billion in 2017 and is projected to reach $258.99 billion by 2025, growing at a CAGR of 11.9% from 2018 to 2025.

Factors such as rise in malware and phishing threats, and increase in adoption of IoT and BYOD trend among organizations, are driving the cyber security market share. In addition, surge in demand for cloud-based cyber security solutions is also one of the major factors fueling the cyber security industry growth. However, constant need to conform to industry standards, regulations, and complexities of device security are some of the major factors hampering the market growth. Furthermore, cyber security industry activities are now being prioritized and aligned to strategic business activities to minimize the damage of IT resources, which provide a major opportunity for the cyber security market growth. Also, increase in need for strong authentication techniques is also expected to provide lucrative opportunities for the cyber security industry.

The global cyber security market is segmented based on component, solution/offerings, deployment type, user type, industry vertical, and region. In terms of component, the cyber security market segments include solution and services. The solution segment is again bifurcated into hardware and software. Based on solution/offerings, the cyber security market is segmented into identity and access management, infrastructure security, governance, risk, & compliance, unified vulnerability management service offering, and data security and privacy service offering. Based on deployment type, the cyber security market is divided into cloud and on-premises. By user type, the cyber security market is classified into large enterprises and small & medium enterprises. In terms of industry vertical, the cyber security market is segmented into aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. Based on region, the cyber security market size is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global cyber security market is dominated by key players such as Accenture, Capgemini, Cognizant, HCL Technologies Limited, IBM Corporation, Symantec Corporation, Tata Consultancy Services, Wipro Limited, and others.

KEY BENEFITS
  • The study provides an in-depth cyber security market analysis of the market along with current cybersecurity industry trends & future estimations to elucidate the imminent investment pockets.
  • Information about the key drivers, restraints, and opportunities and their impact analyses on the cyber security market trends is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global cyber security market forecast from 2018 to 2025 is provided to determine the market potential.
KEY MARKET SEGMENTS

BY COMPONENT
  • Solutions
  • Services
BY SOLUTION/OFFERINGS
  • Identity and Access Management (IAM)
  • Infrastructure security
  • Governance, risk, & compliance
  • Unified vulnerability management service offering
  • Data security and Privacy service offering
BY DEPLOYMENT TYPE
  • Cloud
  • On-Premises
BY USER TYPE
  • Large enterprises
  • Small & medium enterprises
BY INDUSTRY VERTICALS
  • Aerospace and Defense
  • BFSI
  • Public sector
  • Retail
  • Healthcare
  • IT and Telecom
  • Energy and Utilities
  • Manufacturing
  • Others
BY Region
  • North America
o U.S.
o Canada
  • Europe
o UK
o Germany
o France
o Italy
o Russia
o Rest of Europe
  • Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
  • LAMEA
o Latin America
o Middle East
o Africa

KEY MARKET PLAYERS PROFILED IN THE REPORT
  • Accenture
  • Capgemini
  • Cognizant
  • HCL Technologies Limited
  • IBM Corporation
  • Symantec Corporation
  • Tata Consultancy Services
  • Wipro Limited
  • Others
Note: Product cover images may vary from those shown
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Chapter 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models

Chapter 2: EXECUTIVE SUMMARY
2.1. CXO perspective

Chapter 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porter's five forces analysis
3.4. Key player positioning, 2017
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Rise in malware and phishing threats among enterprises
3.5.1.2. Increasing adoption of IoT and BYOD trend
3.5.1.3. Growing demand for cloud-based cyber security solutions
3.5.2. Restraints
3.5.2.1. Budget constraints among organizations
3.5.2.2. Complexities of device security
3.5.3. Opportunities
3.5.3.1. Increase in adoption of mobile device applications and platforms
3.5.3.2. Need for strong authentication methods
3.5.3.3. Transformation in traditional anti-virus software industry

Chapter 4: CYBER SECURITY MARKET, BY COMPONENT
4.1. Overview
4.2. Solutions
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Services
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.3.4. Professional Services
4.3.4.1. Market size and forecast
4.3.5. Managed Services
4.3.5.1. Market size and forecast

Chapter 5: CYBER SECURITY MARKET, BY SOLUTION/OFFERINGS
5.1. Overview
5.2. IDENTITY AND ACCESS MANAGEMENT
5.2.1. Key market trends, Key growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market size and forecast, by industry vertical
5.2.4. Market analysis by country
5.2.5. Enterprise identity governance
5.2.5.1. Market size and forecast, by region
5.2.5.2. Market size and forecast, by industry vertical
5.2.6. Next Gen Authentication
5.2.6.1. Market size and forecast, by region
5.2.6.2. Market size and forecast, by industry vertical
5.2.7. Innovation and automation
5.2.7.1. Market size and forecast, by region
5.2.7.2. Market size and forecast, by industry vertical
5.2.8. User access management
5.2.8.1. Market size and forecast, by region
5.2.8.2. Market size and forecast, by industry vertical
5.2.9. Digital identity for consumers
5.2.9.1. Market size and forecast, by region
5.2.9.2. Market size and forecast, by industry vertical
5.2.10. Privilege management
5.2.10.1. Market size and forecast, by region
5.2.10.2. Market size and forecast, by industry vertical
5.2.11. IDaaS
5.2.11.1. Market size and forecast, by region
5.2.11.2. Market size and forecast, by industry vertical
5.3. INFRASTRUCTURE SECURITY
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market size and forecast, by industry vertical
5.3.4. Market analysis by country
5.3.5. Enterprise security architecture design and review
5.3.5.1. Market size and forecast, by region
5.3.5.2. Market size and forecast, by industry vertical
5.3.6. Control effectiveness assessment
5.3.6.1. Market size and forecast, by region
5.3.6.2. Market size and forecast, by industry vertical
5.3.7. Security orchestration and automation
5.3.7.1. Market size and forecast, by region
5.3.7.2. Market size and forecast, by industry vertical
5.3.8. Perimeter and network security
5.3.8.1. Market size and forecast, by region
5.3.8.2. Market size and forecast, by industry vertical
5.3.9. Security incident and event management
5.3.9.1. Market size and forecast, by region
5.3.9.2. Market size and forecast, by industry vertical
5.3.10. Device management
5.3.10.1. Market size and forecast, by region
5.3.10.2. Market size and forecast, by industry vertical
5.3.11. End point security
5.3.11.1. Market size and forecast, by region
5.3.11.2. Market size and forecast, by industry vertical
5.3.12. M&A security assessment / baselining
5.3.12.1. Market size and forecast, by region
5.3.12.2. Market size and forecast, by industry vertical
5.4. GOVERNANCE, RISK, AND COMPLIANCE
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market size and forecast, by industry vertical
5.4.4. Market analysis by country
5.4.5. Application risk management
5.4.5.1. Market size and forecast, by region
5.4.5.2. Market size and forecast, by industry vertical
5.4.6. GDPR and privacy compliance assessment
5.4.6.1. Market size and forecast, by region
5.4.6.2. Market size and forecast, by industry vertical
5.4.7. Cyber security framework definition and maturity assessment
5.4.7.1. Market size and forecast, by region
5.4.7.2. Market size and forecast, by industry vertical
5.4.8. ISMS implementation including controls, policy, standard and procedure development
5.4.8.1. Market size and forecast, by region
5.4.8.2. Market size and forecast, by industry vertical
5.4.9. Risk management
5.4.9.1. Market size and forecast, by region
5.4.9.2. Market size and forecast, by industry vertical
5.4.10. Compliance readiness assessment
5.4.10.1. Market size and forecast, by region
5.4.10.2. Market size and forecast, by industry vertical
5.4.11. Establish cyber security metrics and reporting framework
5.4.11.1. Market size and forecast, by region
5.4.11.2. Market size and forecast, by industry vertical
5.4.12. Cloud security risk assessment
5.4.12.1. Market size and forecast, by region
5.4.12.2. Market size and forecast, by industry vertical
5.4.13. Vendor risk management
5.4.13.1. Market size and forecast, by region
5.4.13.2. Market size and forecast, by industry vertical
5.4.14. Internal audit services
5.4.14.1. Market size and forecast, by region
5.4.14.2. Market size and forecast, by industry vertical
5.4.15. Control assessment
5.4.15.1. Market size and forecast, by region
5.4.15.2. Market size and forecast, by industry vertical
5.4.16. ODC compliance assessments
5.4.16.1. Market size and forecast, by region
5.4.16.2. Market size and forecast, by industry vertical
5.4.17. Common control framework
5.4.17.1. Market size and forecast, by region
5.4.17.2. Market size and forecast, by industry vertical
5.5. UNIFIED VULNERABILITY MANAGEMENT SERVICE OFFERING
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market size and forecast, by industry vertical
5.5.4. Market analysis by country
5.5.5. Security architecture review
5.5.5.1. Market size and forecast, by region
5.5.5.2. Market size and forecast, by industry vertical
5.5.6. Secure SDLC implementation
5.5.6.1. Market size and forecast, by region
5.5.6.2. Market size and forecast, by industry vertical
5.5.7. Software compositing analysis
5.5.7.1. Market size and forecast, by region
5.5.7.2. Market size and forecast, by industry vertical
5.5.8. Threat modelling and risk analysis
5.5.8.1. Market size and forecast, by region
5.5.8.2. Market size and forecast, by industry vertical
5.5.9. Application security testing
5.5.9.1. Market size and forecast, by region
5.5.9.2. Market size and forecast, by industry vertical
5.5.10. SOA testing
5.5.10.1. Market size and forecast, by region
5.5.10.2. Market size and forecast, by industry vertical
5.5.11. Security testing
5.5.11.1. Market size and forecast, by region
5.5.11.2. Market size and forecast, by industry vertical
5.5.12. SAP vulnerability management
5.5.12.1. Market size and forecast, by region
5.5.12.2. Market size and forecast, by industry vertical
5.5.13. Infra VM tool deployment
5.5.13.1. Market size and forecast, by region
5.5.13.2. Market size and forecast, by industry vertical
5.5.14. Network penetration testing
5.5.14.1. Market size and forecast, by region
5.5.14.2. Market size and forecast, by industry vertical
5.5.15. VM process consulting
5.5.15.1. Market size and forecast, by region
5.5.15.2. Market size and forecast, by industry vertical
5.5.16. L1 – L2 – L3 operations
5.5.16.1. Market size and forecast, by region
5.5.16.2. Market size and forecast, by industry vertical
5.5.17. Red team operation
5.5.17.1. Market size and forecast, by region
5.5.17.2. Market size and forecast, by industry vertical
5.6. SECURITY AND PRIVACY SERVICE OFFERING
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market size and forecast, by industry vertical
5.6.4. Market analysis by country
5.6.5. Data protection current state assessment and remediation strategy
5.6.5.1. Market size and forecast, by region
5.6.5.2. Market size and forecast, by industry vertical
5.6.6. Data masking
5.6.6.1. Market size and forecast, by region
5.6.6.2. Market size and forecast, by industry vertical
5.6.7. Data protection architecture and design
5.6.7.1. Market size and forecast, by region
5.6.7.2. Market size and forecast, by industry vertical
5.6.8. Data loss prevention
5.6.8.1. Market size and forecast, by region
5.6.8.2. Market size and forecast, by industry vertical
5.6.9. Data discovery and classification
5.6.9.1. Market size and forecast, by region
5.6.9.2. Market size and forecast, by industry vertical
5.6.10. CASB – cloud data protection
5.6.10.1. Market size and forecast, by region
5.6.10.2. Market size and forecast, by industry vertical

Chapter 6: CYBER SECURITY MARKET, BY DEPLOYMENT TYPE
6.1. Overview
6.2. CLOUD
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. ON-PREMISES
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

Chapter 7: CYBER SECURITY MARKET, BY USER TYPE
7.1. Overview
7.2. LARGE ENTERPRISES
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis by country
7.3. SMALL AND MEDIUM ENTERPRISES
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis by country

Chapter 8: CYBER SECURITY MARKET, BY INDUSTRY VERTICAL
8.1. Overview
8.2. AEROSPACE AND DEFENSE
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market analysis by country
8.3. BFSI
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market analysis by country
8.4. PUBLIC SECTOR
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by region
8.4.3. Market analysis by country
8.5. RETAIL
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by region
8.5.3. Market analysis by country
8.6. HEALTHCARE
8.6.1. Key market trends, growth factors and opportunities
8.6.2. Market size and forecast, by region
8.6.3. Market analysis by country
8.7. IT AND TELECOM
8.7.1. Key market trends, growth factors and opportunities
8.7.2. Market size and forecast, by region
8.7.3. Market analysis by country
8.8. ENERGY AND UTILITIES
8.8.1. Key market trends, growth factors and opportunities
8.8.2. Market size and forecast, by region
8.8.3. Market analysis by country
8.9. MANUFACTURING
8.9.1. Key market trends, growth factors and opportunities
8.9.2. Market size and forecast, by region
8.9.3. Market analysis by country
8.10. Others
8.10.1. Key market trends, growth factors and opportunities
8.10.2. Market size and forecast, by region
8.10.3. Market analysis by country

Chapter 9: CYBER SECURITY MARKET, BY REGION
9.1. Overview
9.2. North America
9.2.1. Key market trends and opportunities
9.2.2. Market size and forecast, by component
9.2.3. Market size and forecast, by solution/offerings
9.2.4. Market size and forecast, by deployment type
9.2.5. Market size and forecast, by user type
9.2.6. Market size and forecast, by industry vertical
9.2.7. Market size and forecast, by country
9.2.8. U.S. CYBER SECURITY MARKET
9.2.8.1.1. Market size and forecast, by component
9.2.8.1.2. Market size and forecast, by solution/offerings
9.2.8.1.3. Market size and forecast, by deployment type
9.2.8.1.4. Market size and forecast, by user type
9.2.8.1.5. Market size and forecast, by industry vertical
9.2.9. CANADA CYBER SECURITY MARKET
9.2.9.1.1. Market size and forecast, by component
9.2.9.1.2. Market size and forecast, by solution/offerings
9.2.9.1.3. Market size and forecast, by deployment type
9.2.9.1.4. Market size and forecast, by user type
9.2.9.1.5. Market size and forecast, by industry vertical
9.3. Europe
9.3.1. Key market trends and opportunities
9.3.2. Market size and forecast, by component
9.3.3. Market size and forecast, by solution/offerings
9.3.4. Market size and forecast, by deployment type
9.3.5. Market size and forecast, by user type
9.3.6. Market size and forecast, by industry vertical
9.3.7. Market size and forecast, by country
9.3.8. UK CYBER SECURITY MARKET
9.3.8.1.1. Market size and forecast, by component
9.3.8.1.2. Market size and forecast, by solution/offerings
9.3.8.1.3. Market size and forecast, by deployment type
9.3.8.1.4. Market size and forecast, by user type
9.3.8.1.5. Market size and forecast, by industry vertical
9.3.9. GERMANY CYBER SECURITY MARKET
9.3.9.1.1. Market size and forecast, by component
9.3.9.1.2. Market size and forecast, by solution/offerings
9.3.9.1.3. Market size and forecast, by deployment type
9.3.9.1.4. Market size and forecast, by user type
9.3.9.1.5. Market size and forecast, by industry vertical
9.3.10. FRANCE CYBER SECURITY MARKET
9.3.10.1.1. Market size and forecast, by component
9.3.10.1.2. Market size and forecast, by solution/offerings
9.3.10.1.3. Market size and forecast, by deployment type
9.3.10.1.4. Market size and forecast, by user type
9.3.10.1.5. Market size and forecast, by industry vertical
9.3.11. RUSSIA CYBER SECURITY MARKET
9.3.11.1.1. Market size and forecast, by component
9.3.11.1.2. Market size and forecast, by solution/offerings
9.3.11.1.3. Market size and forecast, by deployment type
9.3.11.1.4. Market size and forecast, by user type
9.3.11.1.5. Market size and forecast, by industry vertical
9.3.12. ITALY CYBER SECURITY MARKET
9.3.12.1.1. Market size and forecast, by component
9.3.12.1.2. Market size and forecast, by solution/offerings
9.3.12.1.3. Market size and forecast, by deployment type
9.3.12.1.4. Market size and forecast, by user type
9.3.12.1.5. Market size and forecast, by industry vertical
9.3.13. REST OF EUROPE CYBER SECURITY MARKET
9.3.13.1.1. Market size and forecast, by component
9.3.13.1.2. Market size and forecast, by solution/offerings
9.3.13.1.3. Market size and forecast, by deployment type
9.3.13.1.4. Market size and forecast, by user type
9.3.13.1.5. Market size and forecast, by industry vertical
9.4. Asia-Pacific
9.4.1. Key market trends and opportunities
9.4.2. Market size and forecast, by component
9.4.3. Market size and forecast, by solution/offerings
9.4.4. Market size and forecast, by deployment type
9.4.5. Market size and forecast, by user type
9.4.6. Market size and forecast, by industry vertical
9.4.7. Market size and forecast, by country
9.4.8. CHINA CYBER SECURITY MARKET
9.4.8.1.1. Market size and forecast, by component
9.4.8.1.2. Market size and forecast, by solution/offerings
9.4.8.1.3. Market size and forecast, by deployment type
9.4.8.1.4. Market size and forecast, by user type
9.4.8.1.5. Market size and forecast, by industry vertical
9.4.9. INDIA CYBER SECURITY MARKET
9.4.9.1.1. Market size and forecast, by component
9.4.9.1.2. Market size and forecast, by solution/offerings
9.4.9.1.3. Market size and forecast, by deployment type
9.4.9.1.4. Market size and forecast, by user type
9.4.9.1.5. Market size and forecast, by industry vertical
9.4.10. JAPAN CYBER SECURITY MARKET
9.4.10.1.1. Market size and forecast, by component
9.4.10.1.2. Market size and forecast, by solution/offerings
9.4.10.1.3. Market size and forecast, by deployment type
9.4.10.1.4. Market size and forecast, by user type
9.4.10.1.5. Market size and forecast, by industry vertical
9.4.11. AUSTRALIA CYBER SECURITY MARKET
9.4.11.1.1. Market size and forecast, by component
9.4.11.1.2. Market size and forecast, by solution/offerings
9.4.11.1.3. Market size and forecast, by deployment type
9.4.11.1.4. Market size and forecast, by user type
9.4.11.1.5. Market size and forecast, by industry vertical
9.4.12. REST OF ASIA-PACIFIC CYBER SECURITY MARKET
9.4.12.1.1. Market size and forecast, by component
9.4.12.1.2. Market size and forecast, by solution/offerings
9.4.12.1.3. Market size and forecast, by deployment type
9.4.12.1.4. Market size and forecast, by user type
9.4.12.1.5. Market size and forecast, by industry vertical
9.5. LAMEA
9.5.1. Key market trends and opportunities
9.5.2. Market size and forecast, by component
9.5.3. Market size and forecast, by solution/offerings
9.5.4. Market size and forecast, by deployment type
9.5.5. Market size and forecast, by user type
9.5.6. Market size and forecast, by industry vertical
9.5.7. Market size and forecast, by country
9.5.8. LATIN AMERICA CYBER SECURITY MARKET
9.5.8.1.1. Market size and forecast, by component
9.5.8.1.2. Market size and forecast, by solution/offerings
9.5.8.1.3. Market size and forecast, by deployment type
9.5.8.1.4. Market size and forecast, by user type
9.5.8.1.5. Market size and forecast, by industry vertical
9.5.9. MIDDLE EAST CYBER SECURITY MARKET
9.5.9.1.1. Market size and forecast, by component
9.5.9.1.2. Market size and forecast, by solution/offerings
9.5.9.1.3. Market size and forecast, by deployment type
9.5.9.1.4. Market size and forecast, by user type
9.5.9.1.5. Market size and forecast, by industry vertical
9.5.10. AFRICA CYBER SECURITY MARKET
9.5.10.1.1. Market size and forecast, by component
9.5.10.1.2. Market size and forecast, by solution/offerings
9.5.10.1.3. Market size and forecast, by deployment type
9.5.10.1.4. Market size and forecast, by user type
9.5.10.1.5. Market size and forecast, by industry vertical

*Full List of Tables and Figures Available on Enquiry.

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According to this report titled, 'Cyber Security Market by Component, Solution/Offerings, Deployment Type, User Type, and Industry Verticals: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,' the cyber security market was valued at $104.60 billion in 2017 and is projected to reach $258.99 billion by 2025, growing at a CAGR of 11.9% from 2018 to 2025.

Global cyber security market trends include rise in malware and phishing threats and increase in adoption of IoT and BYOD among organizations are the key drivers for the market. In addition, growth in demand for cloud-based cyber security solutions is also one of the major factors fueling the cyber security market growth. Moreover, huge growth in the number of devices and the amount of bandwidth enterprises are leveraging is forcing them to seek solutions that are scalable and can eliminate the need to backhaul security to the corporate office. However, constant need to conform to cyber security industry standards, regulations, and complexities of device security are some of the major factors hampering the market growth.

Furthermore, cyber security activities are now being prioritized and aligned to strategic business activities to minimize the damage of IT resources, which provides a major growth opportunity for the market. Also, increasing need for strong authentication techniques is also expected to provide lucrative opportunities for the market.

Based on component, the solutions segment dominated the overall cyber security market size in 2017 and is expected to remain dominant during the forecast period, due to increase in need to monitor external and in-house threats for large as well as small & medium enterprises. Further, the services segment is also expected to grow at a rapid pace throughout the forecast years.

North America dominated the overall cyber security market in 2017 and is expected to remain dominant during the forecast period, due to growth in dependency on Internet and social media platforms. Moreover, increase in usage of cloud, mobile data, and digitization has also boosted the demand for cyber security solutions in the region. Furthermore, Asia-Pacific is expected to exhibit highest growth rate throughout the forecast period.

Key Findings of the Cyber Security Market:

Based on deployment type, the cloud segment is expected to exhibit significant growth rate in the global cyber security market during the forecast period. The growth of this segment is mainly attributed to low maintenance cost, which is majorly preferred by small & medium enterprises.
Based on user type, the large enterprises segment generated the highest revenue for cyber security market share in 2017, the growth of this segment is mainly attributed to the major focus on implementing effective security solutions by large enterprises.
Based on cyber security industry vertical, the BFSI sector dominated the overall cyber security market in 2017 and is expected to exhibit significant growth during the forecast period. The growth of this sector is mainly attributed to the increase in need for providing sealed security and digital privacy in financial institutions. In addition, increase in adoption of smartphones, internet banking, and cloud are fueling the market growth in this sector.

Some of the key market players profiled in the report include Accenture, Capgemini, Cognizant, HCL Technologies Limited, IBM Corporation, Symantec Corporation, Tata Consultancy Services, Wipro Limited, and others.
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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