Cyber Security Market Size, Share, Growth, Trend, and Forecast Research Report by 2027

The latest research report by emergen research, named ‘Global Cyber Security Market - Forecast to 2027’, entails a comprehensive review of the global Cyber Security market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Cyber Security industry, particularly the current COVID-19 scenario

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In March 2021, NFP introduced new cybersecurity product to suit the personalized coverage need of customers. DigitalShield solution was made possible due to the company’s partnership with CyberScout, which is a cyber-specialist claims management provider. DigitalShield offers protection for a variety of cyber-crimes, such as ransomware, cyber-attacks, identity theft, cyber bullying, and cyber stalking, among others.

Encryption is a cyber-security measure which protects personal and private data through the use of unique codes that scramble the data and make it almost impossible for intruders to read. Even if there is a data breach, encryption ensures institution’s private data is safe even when cyber criminals get past the firewall.

Radical Highlights of the Cyber Security Market Report:

Comprehensive overview of the Cyber Security market along with analysis of the changing dynamics of the market

Growth Assessment of various market segments throughout the forecast period

Regional and global analysis of the market players, including their market share and global position

Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market

Impact of the technological developments and RD advancements on the Cyber Security market

Information about profit-making strategies and developmental strategies of major companies and manufacturers

Insightful information for the new entrants willing to enter the market

Details and insights about business expansion strategies, product launches, and other collaborations

The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Asia Pacific market revenue is expected to increase at a rapid rate during the forecast period due to increase in investment by government and enterprises to protect respective data and information. Japan followed by India experienced the highest number of cyber-attacks in 2020, which propelled growth of the market thereafter. Finance insurance was the most attacked sector in India in 2019, followed by manufacturing and professional services.

Key players in the market include IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet.

Regional Analysis of the Cyber Security Market:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Emergen Research has segmented the global cyber security market on the basis of component, solution, services, security type, deployment, organization size, end-use, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software

Solution Outlook (Revenue, USD Billion; 2018–2028)
- Threat Intelligence
  1. Identity and Access Management
  2. Security and Vulnerability Management
  3. Risk and Compliance Management
  4. Others (Others include threat intelligence platforms, SIEM, and incident forensics)
- Encryption
- Data Loss Prevention
  1. Network DLP
  2. Storage/ Data Center DLP
  3. Endpoint DLP
- Unified Threat Management
- Firewall
- Antivirus/ Antimalware
- Intrusion Detection Systems/ Intrusion Prevention Systems
  1. Network-based
  2. Host-based
  3. Wireless
- Disaster Recovery
- Distributed Denial of Service
- Web Filtering
- Others (Other solutions include application whitelisting and patch management)

Services Outlook (Revenue, USD Billion; 2018–2028)
- Professional Services
  1. Design and Integration
  2. Risk and Threat Assessment
  3. Consulting
  4. Training and Education
  5. Support and Maintenance
- Managed Security Services

Security Type Outlook (Revenue, USD Billion; 2018–2028)
- Application Security
- Network Security
- Cloud Security
- Endpoint Security
- Others

Deployment Outlook (Revenue, USD Billion; 2018–2028)
- Cloud
- On-Premises

Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small and Medium Enterprises
- Large Enterprises

End-use Outlook (Revenue, USD Billion; 2018–2028)
- Government and Defense
- Healthcare
- BFSI
- Energy and Utilities
- Manufacturing
- IT and Telecom
- Retail
- Others

Key Objectives of the Report:

Analysis and estimation of the Cyber Security market size and share for the projected period of 2020-2027

Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Cyber Security market

Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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