Inkwood Research estimates that the Global Cyber Security Market is projected to register a CAGR of 10.34% in terms of revenue during the forecasting years of 2021-2028.
“Browse 67 Market Data Tables and 58 Figures spread over 170
Pages, along with an in-depth TOC on the Global Cyber Security Market Forecast 2021-2028.”
REQUEST
CUSTOMIZATION LINK - https://www.inkwoodresearch.com/request-for-custom-report/
REQUEST FREE
SAMPLE LINK - https://www.inkwoodresearch.com/reports/cyber-security-market/#request-free-sample
VIEW TABLE OF
CONTENT LINK - https://www.inkwoodresearch.com/reports/cyber-security-market/#table-of-contents
BUY NOW- https://www.inkwoodresearch.com/reports/cyber-security-market/
Cyber security is the safeguarding of internet-connected
systems like software, hardware, and data from cyber-threats. It is utilized by
enterprises and individuals for protection against unauthorized access to
computerized systems and data centers. The implementation of cyber security is
aimed at securing the data stored on servers, networks, mobile devices, and
computers, from attackers. There are several types of cybersecurity threats,
such as social engineering, ransomware, phishing, and malware.
Growing
Cyber Security Incidents & Regulations Propels Market Growth
Cybercrime has continued to evolve as a serious threat for
organizations, individuals, and society, at large. The global adoption of the
internet and the payment-linked online services attract profit-oriented
criminals for cyber-attacks. The National Crime Agency of the United Kingdom
states that cybercrime has become prominent over all the traditional crimes.
Hence, several regulations have been formulated. Every year, the official
statistics on the most common type of cybersecurity breaches are published by
the Department of Digital, Culture, Media, and Sports (DCMS) in the Cyber
Security Breaches Survey report.
To know more about this report, request
a free sample copy.
Data Security
and Privacy Service Offering is the Dominant Application
Confidential data can be present on a variety of computing
devices, moving through a class of network access points like wireless, VPN,
and wireline. The entire processing of data entails a substantial threat of
data recovery, data leaks, and data loss. Data Loss Prevention (DLP) is
becoming an integral part of an organization’s ability to manage and protect
confidential information. The security and privacy services encompass
comprehensive and clear security strategies in compliance with local and state
regulations for mitigating security incidents. The key functionalities of the
security and privacy service solutions include analytics and forensics, malware
analysis, infrastructure valuation, and investigation, and rapid response. The
increasing security incidents result in loss of data and IT assets, including
damaged brand equity, thereby encouraging industries like BFSI, education
institutions, and healthcare to implement incident management solutions.
North
America to harbor the Largest Market Share by 2028
There is increasing competition among cloud-based service
providers in North America. This has resulted in key players offering more
security for data, through greater outreach and quick access, thereby driving
the market growth of the region. Also, the increasing usage of web, cloud, and
mobile, rising dependence on social media platforms and the internet, and
digitization, supplement the market growth. Moreover, cloud-based activities
are on the rise in the region. For instance, almost 33% of organizations are
taking a ‘cloud-first’ approach in Canada.
The competitive rivalry of the market is characterized by
moderate/high product differentiation and the rising levels of product
penetration. The firm-concentration ratio is estimated to record higher growth
during the forecast period. This is evaluated to be a lucrative growth
opportunity for many software firms. IBM Corporation, Dell Technologies, AVG
Technologies, Intel Corporation, Cisco Systems Inc, etc. are among the major
companies operating in the market.
About Inkwood
Research
Inkwood Research specializes in syndicated & customized
research reports and consulting services. Market intelligence studies with relevant
fact-based research are customized across industry verticals such as
technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
Contact Us
https://www.inkwoodresearch.com
+1 857-302-4704
Related Reports:
GLOBAL
TRANSACTION MONITORING SOFTWARE MARKET
GLOBAL
ADAPTIVE SECURITY MARKET
GLOBAL
CLOUD COLLABORATION MARKET
Comments
Post a Comment