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Cyber security market forecast to 2022 published by leading research firm

IT Market Research

The Cyber Security Industry 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 e of the key factors propelling the Industry growth

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According to Research for Markets, 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 cybercrimes 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 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.

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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 forecast period. In deployment mode, organisations 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 forecast period.

Some of the key players in the market include 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.

Solutions Covered:

  • Web Filtering
  • Unified Threat Management (UTM)
  • Security and Vulnerability Management
  • Risk and Compliance Management
  • Intrusion Detection System/Intrusion Prevention System (Ids/Ips)
  • Identity and Access Management (IAM)
  • Firewall
  • Encryption
  • Distributed Denial of Service Mitigation
  • Disaster Recovery
  • Data Loss Protection (DLP)
  • Antivirus and Anti malware
  • White listing
  • Other Solutions

Security Types Covered:

  • Application Security
  • Cloud Security
  • Content Security
  • Endpoint Security
  • Network Security
  • Wireless Security
  • Industrial Control Systems Security

Services Covered:

  • Professional Services

o Training and Education

o Risk and Threat Assessment

o Managed Security Services (MSS)

o Design and Integration

o Consulting

  • Managed Services

Applications Covered:

  • Telecom and IT
  • Retail
  • Manufacturing
  • Healthcare
  • Government and Public Utilities
  • Banking, Financial Services and Insurance (BFSI)
  • Aerospace, Defense and Intelligence
  • Other Applications

Deployment Modes Covered:

  • On-Premises
  • Cloud

Components Covered:

  • Services
  • Solution

Organization Sizes Covered:

  • Large Enterprises
  • Small and Medium Enterprises

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Table of Content

1 Executive Summary    

2 Preface    

2.1 Abstract  

2.2 Stake Holders  

2.3 Research Scope  

3 Market Trend Analysis    

3.1 Introduction  

3.2 Drivers  

3.3 Restraints  

4 Porters Five Force Analysis    

4.1 Bargaining power of suppliers  

4.2 Bargaining power of buyers  

4.3 Threat of substitutes  

5 Global Cyber Security Market, By Solution    

5.1 Introduction  

5.2 Web Filtering  

5.3 Unified Threat Management (UTM)  

5.4 Security and Vulnerability Management  

5.5 Risk and Compliance Management  

6 Global Cyber Security Market, By Security Type    

6.1 Introduction  

6.2 Application Security  

6.3 Cloud Security  

6.4 Content Security  

6.5 Endpoint Security  

6.6 Network Security  

6.7 Wireless Security  

6.8 Industrial Control Systems Security  

7 Global Cyber Security Market, By Service    

7.1 Introduction  

7.2 Professional Services  

7.3 Managed Services  

8 Global Cyber Security Market, By Application    

8.1 Introduction  

8.2 Telecom and IT  

8.3 Retail  

8.4 Manufacturing  

8.5 Healthcare  

8.6 Government and Public Utilities  

8.7 Banking, Financial Services and Insurance (BFSI)  

8.8 Aerospace, Defense and Intelligence  

8.9 Other Applications  

9 Global Cyber Security Market, By Deployment Mode    

9.1 Introduction  

9.2 On-Premises  

9.3 Cloud  

10 Global Cyber Security Market, By Component    

10.1 Introduction  

10.2 Services  

10.3 Solution  

11 Global Cyber Security Market, By Organization Size    

11.1 Introduction  

11.2 Large Enterprises  

11.3 Small and Medium Enterprises  

12 Global Cyber Security Market, By Geography    

12.1 North America  

12.2 Europe  

12.3 Asia Pacific  

12.4 Rest of the World  

13 Key Developments    

13.1 Agreements, Partnerships, Collaborations and Joint Ventures  

13.2 Acquisitions & Mergers  

13.3 New Product Launch  

13.4 Expansions  

13.5 Other Key Strategies  

14 Company Profiling    

14.1 BAE Systems PLC  

14.2 The Boeing Company  

14.3 Booz Allen Hamilton Inc  

14.4 Cisco Systems Inc  

14.5 Computer Sciences Corporation  

14.6 Dell Inc  

14.7 Finmeccanica SpA  

14.8 General Dynamics Corporation  

14.9 Hewlett Packard Company  

14.10 International Business Machines Corporation (IBM)  

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