Global Cyber Security Market Statistics, Development and Growth 2017-2021
Cyber threats are the Internet-based attempts to disrupt or damage information systems and hack critical information using spyware, malware, and phishing. Cyber security solutions help organizations to monitor, detect, report, and counter cyber threats to maintain data confidentiality. The adoption of cyber security solutions is expected to grow with the increasing Internet penetration among developing and developed countries. In addition, the expanding wireless network for mobile devices has increased data vulnerability.
Technavio’s analysts forecast the global cyber security market to grow at a CAGR of 12.88% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cyber security market for 2017-2021. To calculate the market size, the report considered revenues generated from the sale of cyber security solutions that include software suits and services.
The market is divided into the following segments based on geography:
• North America
• Europe
• APAC
• Latin America
• MEA
Technavio's report, Global Cyber Security Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Booz Allen Hamilton
• Lockheed Martin
• McAfee
• Symantec
• Trend Micro
Other prominent vendors
• Boeing
• Brocade Communications Systems
• Check Point Software Technologies
• Cisco Systems
• Dell EMC
• F-Secure
• Fortinet
• General Dynamics
• Hewlett Packard Enterprise
• IBM
• Kaspersky Lab
• Juniper Networks
• L3 Technologies
• Microsoft
• Northrop Grumman
• Raytheon
• Sophos
Market driver
• Increase in use of mobile devices
• For a full, detailed list, view our report
Market challenge
• High cost of deployment
• For a full, detailed list, view our report
Market trend
• Adoption of IoT
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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