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(I-SoftwareNews.Com, September 04, 2019 ) Market overview
Cyber security is a broad collection of technologies, solutions, services, and risk management approaches to protect organizational and user personal and professional data from cyber crimes.
With the increase in this dependency over the years, cyber-attacks have increased exponentially and have generated the need for unified cybersecurity solutions that support enhanced enterprise mobility and strict data disclosure laws.
The cyber security market is experiencing a boom because of the need for global cyber security for secure and resilient cyber space.
The emerging global economy is driving and inviting technology adaption with the advancement in cloud computing and hosting services.
Increase in the number of internet users is stirring strong requirements for various cyber security solutions such as cloud-based IAM products, UTM, web filtering and so on requiring a minimal initial investment.
The Biggest Challenge for Cyber Security organizations results from two Mega Trends
The exponential growth in data from business systems and security sensors meant to protect those businesses.
The report covers factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking.
Based on the Security Type
The global cyber security market is segmented into Network security, Wireless security, Cloud security, etc.
More than 40% of overall share is with Network security market due to increasing visualization of servers and rise in use of Network security solutions by medium and small sized business across the globe.
Based on Industry/Sector
Banking and finance sector is witnessing significant changes due to the adaption of IT solutions for the improvement of banking services.
The count is expected to rise to 181.77 billion users by 2025.
By Product Type
Wireless network Security
Threat Intelligence and Response
Identity and access management
Data Loss Prevention
Rest of the world
Based on geography, the Cyber Security Market is segmented into
Rest of the world.
Check Point Software Technologies,
Fire Eye Inc,
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