Market Research Report
Cyber Security Market By Component, Solution/Offering, Deployment Type, User Type, and Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2020-2027
|Published by||Allied Market Research||Product code||980737|
|Published||Content info||407 Pages
Delivery time: 2-3 business days
|Cyber Security Market By Component, Solution/Offering, Deployment Type, User Type, and Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2020-2027|
|Published: November 25, 2020||Content info: 407 Pages||
Cyber Security Market By Component (Solutions and Services), Solution/Offering (Identity & Access Management; Infrastructure Security; Governance, Risk, & Compliance; Unified Vulnerability Management Service Offering; and Data Security & Privacy Service Offering; and Others), Deployment Type (Cloud and On-premise), User Type (Large Enterprises and Small & Medium Enterprises), and Industry Vertical (Telecom, Automotive, BFSI, Public Sector, Retail, Healthcare, IT, Energy & Utilities, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027.
Cybersecurity includes the safety of assets from cybercrime, terrorism, and other network service disruptions, which could possibly affect everyday operations. Cybersecurity can be accomplished through active monitoring of IT assets, exposure of outages or malicious movement, and prompt response to interruptions. In addition, with the proliferation of cloud, mobility, and bring-your-own-device (BYOD), endpoint protection has become crucial for all security departments. Moreover, cybersecurity threats and vulnerabilities can change from day to day and even hour to hour.
Effective steps to manage cyber risks are unlikely to suffice for long, thus, maintaining security in a wireless environment is challenging for most vendors in the ecosystem. Cyber threats not only affect the IT infrastructure of a company but also lead to disruption of the entire network, which impact the principal business functions and processes. Moreover, rise in malware & phishing threats and surge in adoption of IoT and BYOD trend among organizations are the major factors driving the market growth.
However, budget constraints among organizations and complexity of device security acts as the major restraints of the market. The impact of this factor is expected to be nominal due to the introduction of new security techniques in the cybersecurity market. Furthermore, cybersecurity activities are now being prioritized and aligned to strategic business activities to minimize the damage of IT resources, which is expected to provide remunerative opportunity for the expansion of the global market.
The global cybersecurity market is segmented into component, solution/offering, deployment type, user type, industry vertical, and region. Depending on component, the market is bifurcated into solution and services. The solution segment is further categorized into hardware and software. On the basis of solution/offering, the market is fragmented into identity & access management; infrastructure security; governance, risk, & compliance; unified vulnerability management service offering; data security & privacy service offering; and others. By deployment type, it is segregated into cloud and on-premises. As per user type, it is classified into large enterprises and small & medium enterprises. In terms of industry vertical, it is differentiated into telecom, automotive, BFSI, public sector, retail, healthcare, IT, energy and utilities, manufacturing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players operating in the global cybersecurity market include Accenture, Capgemini, Cognizant, F5 Networks Inc., FireEye Inc., HCL Technologies Limited, IBM Corporation, Infosys Limited, L&T Technology Services Limited, PwC International Limited Broadcom Inc., Tata Consultancy Services, Tech Mahindra Limited, and Wipro Limited.
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 2019 to 2027 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY DEPLOYMENT TYPE
BY USER TYPE
BY INDUSTRY VERTICALS
KEY MARKET PLAYERS PROFILED IN THE REPORT