Cyber Security Market BY Service Type (Consulting, Design & integration, Risk & threat assessment, Managed security services,Training and education), By Solution Type (Encryption, Firewall, IDS/IPS, SIEM, Data loss prevention), Industry trends, estimation & forecast, 2017 - 2025

April 2018

 ERC 5489

Cyber Security comprises of security solutions and services that are implemented to protect computers, communication networks, computer applications and data from unauthorized access, alteration or destruction. Government & public utilities, military & defense organization, financial institutions, and corporate entities deal with huge volume of highly confidential data. The importance of cyber security has evolved with growing threat to the data in transit through various communication networks. The growing number and sophistication of cyber attaches has brought the need for highly advanced security systems with features such as data encryption and identity & access management, among others. Security attacks on JP Morgan Chase and Sony Pictures Entertainment were the two mega breaches in the year 2014. Apart of these major attacks that stole headlines, numerous security breaches led to a theft of approximately 1 billion records of personal identifiable information (PII) in the year 2014. As per data released by various insurance companies, security service providers and government organizations, companies suffer a loss of nearly $400 billion every year, as a result of cyber-attacks.

Increasing data privacy and regularity compliances by the government across different geographic regions, due to the growing number of cyber threats is amongst the major factors that has supplemented the growth of the market. Moreover, increasing data mobility and adoption of cloud & virtualization are other key factors that have propelled the overall growth of the market. However, lack of awareness and education of cyber security due to ignorance, cost associated with the security solutions and services and regulatory restrictions are some of the major challenges for the industry.

The market is segmented on the basis of service type, solution type, industry vertical and geography. The service type segment is bifurcated into consulting, design and integration, risk and threat assessment, managed security services and training and education. The solution type segment is categorized into identity and access management, risk and compliance management, encryption, data loss prevention, unified threat management, firewall, antivirus and antimalware, IDS/IPS, SIEM, disaster recovery, DDOS mitigation, whitelisting and others. Further, industry vertical segment is bifurcated into aerospace, defense, & intelligence, government and public utilities, BFSI, telecommunication, healthcare, retail, manufacturing and others. Based on geography, the cyber security market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Furthermore, North America is bifurcated into the U.S., Mexico and Canada whereas Europe have been further segmented into UK, Russia, Germany, Italy, France and rest of the Europe. The countries covered under Asia-Pacific are China, India, Japan, South Korea, Taiwan and rest of Asia Pacific. LAMEA includes Latin America, Middle East and Africa. In addition, the report also covers country-wise cross-sectional analysis of the service type, solution type and industry vertical segment.

Major companies profiled in the report includes IBM Corporation, Intel Corporation, Oracle Corporation, Booz Allen Hamilton Inc., Lockheed Martin Corporation, Cisco Systems, Inc., Northrop Grumman Corporation, Computer Sciences Corporation (CSC), Symantec Corporation and Sophos Ltd. 

CYBER SECURITY MARKET BY KEY SEGMENTATION

The market is segmented on the basis of service type, solution type, industry vertical and geography.

MARKET BY SERVICE TYPE

     • Consulting

     • Design and integration

     • Risk and threat assessment

     • Managed security services

     • Training and education

MARKET BY SOLUTION TYPE

     • Identity and Access Management

     • Risk and compliance management

     • Encryption

     • Data loss prevention

     • Unified threat management

     • Firewall

     • Antivirus and antimalware

     • IDS/IPS

     • SIEM

     • Disaster recovery

     • DDOS mitigation

     • Whitelisting

     • Others

BY INDUSTRY VERTICAL

     • Aerospace, defense, & intelligence

     • Government and public utilities

     • BFSI

     • Telecommunication

     • Healthcare

     • Retail

     • Manufacturing

     • Others

MARKET BY GEOGRAPHY

     • North America

           o U.S.

           o Mexico

           o Canada

     • Europe

           o UK

           o Germany

           o Russia

           o Italy

           o France

           o Rest of the Europe

     • Asia-Pacific

           o China

           o India

           o Japan

           o South Korea

           o Taiwan

           o Rest of Asia-Pacific

     • LAMEA

           o Latin America

           o Middle East

           o Africa

KEY PLAYERS

     • IBM Corporation

     • Intel Corporation

     • Oracle Corporation

     • Booz Allen Hamilton Inc.

     • Lockheed Martin Corporation

     • Cisco Systems, Inc.

     • Northrop Grumman Corporation

    • Computer Sciences Corporation (CSC)

    • Symantec Corporation

    • Sophos Ltd.

 

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    What Information does this report contain?

    • What was the market size of the Cyber Security Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Cyber Security Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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