The cyber security market is estimated to grow to $170 billion (USD) by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8 percent from 2015 to 2020, according to a report from Markets and Markets. Defense companies, such as BAE Systems PLC, General Dynamics Corporation, and Finmeccanica SpA, are engaged in developing cybersecurity solutions in the defense industry, especially in developing network security solutions and software, preventing cyber-attacks on military software systems, indicating the demand for these solutions in the aerospace and defense sector. This is driving the market, as the emerging business models and applications are coupled with the reducing device costs, which have been instrumental in driving the adoption of IoT, and consequently, the number of connected devices, such as connected cars, machines, meters, wearables, and consumer electronics. Cybersecurity solutions help an organization monitor, detect, report, and counter cyber threats to maintain data confidentiality. Most of the companies operating in this market are shifting from a “signature-based” malware detection system to an IoT-enabled machine learning “signature-less” system. Cyber Security Market Size, Analysis, Share, Growth, Trends, Segmentation, Strategies, Forecasts, Research Report, 2019 to 2025. Now, Subscribe As enterprises are migrating their core businesses to digital platforms, the requirement for cyber security policies and initiatives to address the increasing incidents of data breaches is growing rapidly, boosting the market demand. The strong presence of several market incumbents, coupled with recent security threats in the region, is expected to drive the adoption of these solutions further. The report Healthcare Cyber Security Market is focusing specifically across a range of key development areas such as dynamic segmentation, cross sectional analysis of the target market. How… The analysis covers Cyber Security Market and its advancements across different industry verticals as well as regions. The adoption of cybersecurity solutions is expected to increase with the increasing penetration of the internet throughout Europe's major countries. The research report segments the market from In October 2018, the US Government Accountability Office (GAO) released a report stating that most of the weapon systems that were under development are found to have mission-critical cyber vulnerabilities. Innovation can bring about a sustainable, competitive advantage to the firms. Get more details on this rep… Counterfeiting of software has increased over the years, due to the availability of open source platforms. The report is a ready-to-go market specific document encompassing regional overview, opportunity mapping, and competition analysis. To analyze Cyber Security Market concerning growth trends, prospects, and also their participation in the entire sector. For instance, machine learning provides advantages in outlier detection, much to the benefit of cybersecurity. Business Jul 26th 2018 edition. Also, report offers market dynamics, forecast to 2025. The US Aerospace Industries Association focused on promoting policies that strengthen the aerospace and defense industry. PANDA SECURITY REPORT THE CYBER-CRIME BLACK MARKET: UNCOVERED 2 This report in whole or in part may not be duplicated, reproduced, stored in a retrieval system or retransmitted without prior written ... Unsurprisingly, Windows is the target in 99 percent of cases, as it is the most widely-used operating system. "Integration of Technologies such as Internet of things (IoT), Machine Learning and Big Data in Threat and Security Technique Upgradation by Key Vendors to drive the Market" Companies in cyber security market are adopting technologies such as internet of things (IoT), machine learning, and big data in their security business units. Asia-Pacific is expected to have highest market growth for cyber security solutions, over the forecast period. September 2019 - The Cisco Webex Control Hub launched an extended security pack available for users and enabled the customers to protect data from accidental misuse and malicious attacks, while delivering the best user experience. According to the 2019 Internet Security Threat Report by Symantec, the use of malicious PowerScripts increased by 1,000%, and ransomware infections of enterprises increased by 12%, in 2018. Rapidly increasing cybersecurity incidents and regulations requiring their reporting are driving the cybersecurity market. While schools are being closed and communities are asked to stay at home, and many organizations are finding a way to enable their employees to work from their homes. The fundamental target of the Cyber Security Market report is to find out the market knowledge and help players to achieve development in their specific fields. Cyber Security Market size surpassed USD 150 billion in 2019 and is poised to grow at over 15% CAGR between 2020 and 2026. This drives the use of cybersecurity in this country. The report aims at estimating the market size and future growth potential of Europe Cyber Security market across different segments such as solution, service, vertical and country. Cybersecurity Market - Growth, Trends, and Forecast (2020 - 2025), Threat Detection and Prevention (Unified Threat Management and Threat Mitigation), Security Information and Event Management, Banking, Financial Services, and Insurance. Apr 16, 2019 Global Statistics Representing Cyber Security Market Scenario Cyber-attacks have increased exponentially over the years which has generated the need for cyber security solutions. All Rights Reserved to Mordor Intelligence. To profile the important players and analyze their growth plans. This has resulted in a rise in the adoption of video communication platforms. With cybersecurity clients spanning network security, mobile security, SIEM, threat detection and more, Magnetude Consulting can lead a range of cybersecurity marketing initiatives, often working with clients on an ongoing basis to support go-to-market efforts—from customer acquisition to retention to market … For the Cyber Security Market research study, the following years have been considered to estimate the market size: 420 Lexington Avenue, Suite 300 forecast years. 1.1 Study Assumptions and Market Definition, 4.3 Industry Attractiveness - Porter's Five Forces Analysis, 4.3.2 Bargaining Power of Buyers/Consumers, 4.5 Assessment of Impact of COVID-19 on the Industry, 5.1.1 Rapidly Increasing Cybersecurity Incidents and Regulations Requiring its Reporting, 5.1.2 Growing M2M/IoT Connections Demanding Strengthened Cybersecurity in Enterprises, 5.2.1 Lack of Cybersecurity Professionals, 5.2.2 High Reliance on Traditional Authentication Methods and Low Preparedness, 5.3.1 Rise in the Trends of IoT, BYOD, Artificial Intelligence, and Machine Learning in Cybersecurity, 6.1.1.2 Threat Detection and Prevention (Unified Threat Management and Threat Mitigation), 6.1.1.3 Security and Vulnerability Management, 6.1.1.7 Security Information and Event Management, 6.3.1 Aerospace, Defense, and Intelligence, 6.3.2 Banking, Financial Services, and Insurance, 7.2.2 Check Point Software Technologies Ltd, 7.2.10 Intel Security (Intel Corporation). Demand for cyber-products is growing at twice the rate of that for military hardware. Additionally, the analysis also has a comprehensive review of the crucial players on the Cyber Security Market together side their company profiles, SWOT analysis, latest advancements, and business plans. Depending upon whom you believe, there are roughly 800 to 1200 companies selling cybersecurity products and services to end customers. Due to the ongoing COVID-19 outbreak, the countries across the world have implemented precautionary measures. The global cyber security market size was valued at USD 156.5 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027. The Target Corporation learned this the hard way during the busy holiday season of 2013, when 110 million customers’ information was compromised. By type, the market is segmented into On-premise, and Cloud-based. The industry growth is attributed to increasing demand for robust and secure networks by enterprises for safe data accessibility. From there, attackers infiltrated Target's point-of-sale (POS) systems and spent more than two weeks scraping and dumping credit card data to sell on the black market. 3.5. To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market. To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks). The market will grow at a compound annual growth rate of 22.26% during that period, the company said. Hence, the computers and networks for all the ground and air-borne operations need strong security infrastructure. The report on Cyber Security Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Moreover, South Korea is becoming one of the prime targets for cyber-attacks, due to the countryâs increasing number of connected devices, advanced use of mobile devices, and significant intellectual property. Europe Cyber Security Market: Regional Trend Analysis, 6.3.1. It packages full-functionality Cisco Cloudlock CASB for Webex Teams with native Webex anti-malware capabilities powered by Cisco Talos ClamAV in Webex Cloud. We understand the intense effect of the coronavirus on numerous businesses across the globe, affecting the opportunities, marketing strategies, and pricing models, that are further affecting the growth of the businesses worldwide. To examine and study the Cyber Security Market size (volume & value) from the company, essential regions/countries, products, and application, background information from 2012 to 2018, and also prediction to 2028. North America Cyber Security Market: Regional Trend Analysis, 6.2.1. Report scope can be customized per your requirements. It targets estimating the current market size and growth potential of the global Cyber Security Market across sections such as also application and representatives. This shi… Software piracy helps illegitimate people in making a fake software copy, which is a replica of the original software. The US Department of Homeland Security (DHS) Cybersecurity and the Infrastructure Security Agency (CISA) and the United Kingdomâs National Cyber Security Centre (NCSC) mentioned that they are experiencing a huge rise in phishing and Malware distribution using COVID-19- themed lures, registration of new domain names containing wording related to coronavirus or COVID-19, and attacks against newly and rapidly deployed remote access and teleworking infrastructure. Asia-Pacific Cyber Security Market: Regional Trend Analysis, 6.4.1. India has experienced a rapid increase in cybercrime registration, with the country ranking fifth in terms of the overall DNS hijacks. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. To understand key trends, Download Sample Report. Key Market Players included in the report: In an insight outlook, this research report has dedicated to several quantities of analysis industry research (global industry trends) and Cyber Security Market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of Cyber Security Market; high-growth regions; and market drivers, restraints, and also market chances. The adoption of cybersecurity solutions is expected to grow with the increasing penetration of the Internet among the developing and developed countries, and the need for security solutions has been marked highly by the private financial and banking services sectors, along with the healthcare, and aerospace and defense sectors. Latin America Cyber Security Market: Regional Trend Analysis, 6.5.1. There is a significant increase in the cyber security market because cyber security solutions increase cyber speed and offers number of … 4. To know the Cyber Security Market by pinpointing its many subsegments. Software piracy refers to the unauthorized copying and distribution of software or solutions. In a market scenario, where security professionals are recommending identity-management solutions, such as facial recognition and biometric identification, most of the companies in the region (over 80%) still use usernames and passwords as the exclusive means of logging in. With increasing data breaches in military defense, the United States is laying high emphasis on its military and defense sector and is investing mainly in R&D of new weaponry systems. The aerospace, defense, and intelligence vertical continues … Market forecasts for cyber insurance policies range from $14 billion by 2022 to $20 billion by 2025, up from less than $1.5 billion in 2016. CYBER SECURITY 1 AB (PUBL) analysts consensus, targets, ratings and recommendations | NASDAQ OMX STOCKHOLM: CYB1 | NASDAQ OMX STOCKHOLM Share of spending in the cyber security market in Western Europe 2018, by country Projected market value of B2B ICT security products & services in Germany 2017-2020 The most important statistics December 2019 - FireEye Inc. introduced FireEye Cyber Physical Threat Intelligence. The cyber security market size was valued at $149.67 billion in 2019 and is projected to reach $304.91 billion by 2027, growing at a CAGR of 9.4% from 2020 to 2027. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. In January 2019, according to the National Police Agency report, cybercrimes increased by nearly 14% in Korea in 2018, to reach about 150,000 cases. Cyber Security in Healthcare Market analyses the Industry Status, Size, Share, Emerging Trends, Growth Opportunity, Competition landscape and Forecast to 2024. Cyber Security market report provides in-depth data about company Profiles, Cyber Security launching and Market Positioning, their Production, Value, Price, ratio and Target … Into the breach Defence companies target the cyber-security market. The increasing adoption of machine-to-machine technologies (M2M) in the aerospace domain and the focus of the governments on cybersecurity to counter cyber terrorism have driven the growth of the cybersecurity market in this sector immensely for the past few years. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. The new subscription provides context, data, and actionable analysis on threats to cyber-physical systems, including operational technology (OT), industrial control systems (ICS), Internet of Things (IoT), and other equipment used to manage interconnected physical processes. Key players are AVG Technologies, Cisco Systems Inc., and IBM Corporation, among others. The cybersecurity market is fragmented and highly competitive, as it comprises several global and regional players. Although companies are distributing free limited versions to market their product, the conversion rate from … In the past four months, the new domain registration on these video communication platforms, including Zoom, has rapidly increased. Also, Premium Messaging report maintains a refreshed industry propensity of which includes the current market circumstances and market forecast amid 2020-2027. The cyber security market is experiencing a boom because of the need for global cyber security capacity establishment built for a secure and resilient cyberspace. Later that month, the US government signed the law to establish the Cybersecurity and Infrastructure Security Agency (CISA), in order to enhance national defense against cyber-attacks. The report on Cyber Security Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. The global cyber security market is anticipated to witness remarkable growth in the coming years owing to rising data security concerns across the globe. To understand geography trends, Download Sample Report. New York City, NY 10170, Buy The cybersecurity market was valued at USD 161.07 billion in 2019, and it is expected to reach USD 363.05 billion by 2025, registering a CAGR of 14.5% during 2020-2025. forecast years. As open source cyber security building platforms are few and far between, most of the genuine cyber security software are, in all fairness, a paid entity. Global Cyber Security Market Analysis by Application: Introduction, 6.1.1. Market Competition Scenario Analysis, 4.1. The trends for IoT, BYOD, AI, and machine learning in cybersecurity are increasing. Increase in the number of internet users across the globe has led to adoption of technology advancements stirring strong requirement for cyber security solutions. Click here. The emerging economy of India is inviting technology adoption with the advancement in cloud computing and hosting services. Based on geography, market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. By application, the market is divided into SMBs, and Large Enterprises. Scope of the Report The report titled Global Cyber Security Market: Size, Trends and Forecasts (2019-2023), provides an in depth analysis of the global cyber security market by value, by security type, by products and services, by deployment type, by organization size, by application, by region, etc. [328 Pages Report] The Middle East cybersecurity pre-COVID 19 market size is projected to grow from USD 16.1 billion in 2020 to USD 28.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.2%, whereas the post-COVID 19 market size is projected to grow from USD 15.6 billion in 2020 to USD 29.9 billion by 2025, at a CAGR of 13.8% during the forecast period. The base year considered for the study is 2014 and the market size is forecasted from 2015 to 2020. Airplane navigation and guidance systems can be highly susceptible to cyber-attacks, which can have widespread ramifications. Cybersecurity Market is expected to reach USD 363.05 billion by 2025, registering a CAGR of 14.5% during 2020-2025. To endeavor the amount and value of Cyber Security sub-markets, depending on key regions (various vital states). On the other hand, several other smart city projects and initiatives are ongoing, and by 2025, it is expected that there may be around 30 global smart cities and 50% of these may be located in North America and Europe, which may demand high cybersecurity for prevention. The Market is Segmented by Product Type (Solutions and Services), Deployment (On-cloud and On-premise), End-user Industry (Aerospace, Defense and Intelligence, Banking, Financial Services and Insurance (BFSI), Healthcare, Manufacturing, Retail, Public Utility, IT, and Telecommunication), and Geography. High reliance on traditional authentication methods and low preparedness are challenging the market to grow. Cyber Security Market Statistics - 2027. Furthermore, the increasing number of malware and ransomware attacks in the country is a significant factor driving the adoption of cybersecurity solutions. . The global cyber security market is segmented on the basis of type, application, and geography. The global federal cyber security market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by the end of the forecast period, growing at a CAGR of XX% during the period from 2020 to 2027. The Global Cyber Security market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. According to the Center for Strategic and International Studies (CSIS) and McAfee, cybercrimes, which include damage and destruction of data, stolen money, lost property, intellectual property theft, and other areas, currently cost the world almost USD 600 billion each year, or 0.8% of the global GDP. Now, Buy Analyzing Impact of COVID-19 on Cyber Security System Market Evaluating Financial Stability During & Post Pandemic. Global healthcare cyber security market size is expected to reach nearly USD 10,848.87million by 2022, according to a new report by Grand View Research, Inc. Key factors attributing to the growth of the market include the increasing incidences of cyber attacks for misuse of electronic patient health records (E-PHR), social security records, IP theft, and others Global Cyber Security Market Analysis by Type: Introduction, 5.1. Major players profiled in the report include Risk Vision, Safer Social, Webroot Software, TitanHQ, Netikus.net, Horangi Cyber Security, Netwrix, Trend Micro, HelpSystems, TulipControls, Synopsys, Avanan, F-Secure, Centrify, Zartech, Darktrace, Akamai Technologies, Fidelis Cybersecurity, FourV Systems, and Symantec The European Cyber Security Market is expected to register a CAGR of approximately 10% during the forecast period (2020 - 2025). Primary worldwide Cyber Security Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans next coming years. © 2020. Adoption of M2M/IoT connections demands strengthened for cybersecurity in enterprises. A report entitled Global Healthcare Cyber Security Market Size, Status and Forecast 2020-2026 compiled by Magnifier Research aims to target the major images related to market growth, major types, and various end users applicable, regional analysis, productivity structure, current and future market situation. Cyber security and defense against online threats undertake greater significance in today’s digital changing landscape Now. There is a joke in the cybersecurity community that there are two kinds of companies: those that know they’ve been hacked, and those that haven’t found out yet. Cyber Security Market in 2020: Global Industry Growth Analysis, Size, Share, Future Trends, Segmentation, Demands and Top Players Updates by Forecast to 2025 ... eventually influencing holistic growth and lucrative business models in Global Cyber Security Market. New fields, such as Big Data or the IoT, are reshaping their security trends, and the firm concentration ratio is expected to record higher growth during the forecast period. Middle East and Africa Cyber Security Market: Regional Trend Analysis. Also, according to Gemalto, India accounts for 37% of the global breaches in terms of records compromised or stolen. Cyber Monday deals The cyber security market across the globe is a multi billion market and is expected to show a substantial growth in CAGR, from 2013 to 2019. CYBER SECURITY 1 AB (PUBL) analysts consensus, targets, ratings and recommendations | FIRST NORTH STOCKHOLM: CYB1 | FIRST NORTH STOCKHOLM According to the Checkpoint Security, since January 2020, more than 1700 new domains have been registered, 25% of which have been registered in the first week of March 2020. The worldwide industrial control systems security market, meanwhile, is projected to grow at a 6.5% compound annual growth rate through 2023, when the market is expected to reach $18.05 billion, according to MarketsandMarkets. 5. Smart Grid Cyber Security Market 2020 Share, Analysis by Current Industry Status & Growth Opportunities, Top Key Players, Target Audience and Forecast to 2026 Posted on Aug 30 2020 6:41 AM "Top Key Companies in Smart Grid Cyber Security Market are VeriSign, N-Dimension Solutions, IOActive, Honeywell International, Symantec, AlertEnterprise, HP. 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