Enterprise cyber security helps organisations to protect their infrastructure and data from cyber threats. Growth of cloud based security solutions provides many opportunities for the Enterprise Cyber Security Market.
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According to MarketIntelReports' “Global and Regional Enterprise Cyber Security Market Research Report 2017”:
Browse 133 Pages and an in-depth TOC on “Enterprise Cyber Security Market 2017 ” here
Enterprise cyber security helps organisations to protect their infrastructure and data from cyber threats. It includes security incident management, risk and compliance management, unified threat management, etc.
The public sector is the main end user of the Enterprise Cyber Security Market due to increasing security threats on federal and state agencies. The government sector is more susceptible to cyber attacks, since government records have traffic documents and proprietorship statistics.
Growing usage of mobile devices and dependability on internet services in healthcare, retail, and BFSI drive the market growth during the forecast period.
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Scope & Regional Forecast of the Enterprise Cyber Security Market
Strict regulations in different industries drive the growth of the Enterprise Cyber Security Market in the coming years. Implementing the regulations to avoid penalization elevates the demand for network security.
The high cost to set up the cyber security inhibits the growth of the market. North America dominates the industry.
This can be attributed to the increasing number of cyber attacks on manufacturing, retail in the region.
Lack of awareness about implementing security solutions in enterprises will hamper the market growth. But development of cloud based security solutions and acceptance of big data analytics augments the demand for information security.
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Security installations proposed by the government in developing economies strengthens the growth of enterprise IT security. Growth of digital technologies for collection, distribution of information has created insecurity.
This factor creates plenty of opportunities for the cyber security presentation.
Countries in Asia Pacific region are investing a lot in network security strategy. Hence, Asia Pacific has the highest growth.
Healthcare sector will have the fastest growth in the market due to storage of data in healthcare organisations.
Segmentations & Key Players Involved in the Enterprise Cyber Security Market
The Enterprise Cyber Security Market can be broken down into various segments as follow
- Type- Security Software, Security Hardware, and Security Services.
- Application- Government, Education, Enterprise, Financial, Medical, and Others.
- Region- Asia-Pacific, North America, Europe, South America, Middle East & Africa.
Some of the key players involved in the Enterprise Cyber Security Market are as follows:
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