According to Statistics MRC, the Global Cyber Security market is estimated at $85.21 billion in 2015 and is expected to reach $224.48 billion by 2022 growing at a CAGR of 14.84% from 2015 to 2022. Growing cyber crimes which may cause the loss of intellectual and financial assets and increase in adoption of cloud-based security solutions are some of the key factors propelling the market growth. Whereas the use of pirated and freeware software for cyber security is hindering the market growth. Growing demand for Next Generation Security Solutions and increasing potential for Mobile and Web Applications and Platforms are the opportunity factors for the market players. However, lack of skilled professionals is challenging the market growth.
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By service, Managed Services segment is expected to grow at highest CAGR during the forecast period. In deployment mode, organizations are showing interest towards cloud deployment because of its cost-effective and time-efficient features. North America accounted for the highest market share as compared to other regions. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period because of increase growing adoption of web and mobile-based business applications. Demand from developing countries in this region is one of the key drivers for the Asia Pacific region to move with highest CAGR during the forecast period.
BAE Systems PLC, The Boeing Company, Booz Allen Hamilton Inc, Cisco Systems Inc, Computer Sciences Corporation, Dell Inc, Finmeccanica SpA, General Dynamics Corporation, Hewlett Packard Company, International Business Machines Corporation (IBM), Intel Security, Symantec Corporation, Rapid7, Inc., EMC RSA, Fireeye, Inc., Trend Micro, Inc. and Sophos Ltd.
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The Global Cyber Security Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.
As the investigation has turned into an inherent piece of each business activity and role, business intelligence solutions form a central role in the leadership procedure of organizations nowadays. In the following couple of years, the demand for business intelligence solutions is relied upon to significantly rise internationally, enabling the sound development of the Global Cyber Security Market.
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Table of Contents:
Global Cyber Security Market Research Report 2018-2022
Chapter 1 Cyber Security Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region (2018-2022)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2022)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast (2018-2022)
Chapter 13 Appendix
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