Cyber security market to reach $205.51 billion by 2024
“The global cyber security industry is expected to witness high demand for cloudbased applications as government organizations are opting for the cloud platform
for data sharing”
The global cyber security market is expected to reach USD 205.51 billion by
2024, according to a new report by Grand View Research, Inc. The dependence of
enterprises on information technology and sensitive nature of digitally stored data has
raised the stake for cyber-attackers with financial gain becoming a primary motive.
Solution providers are indulging in research and development to develop nextgeneration security solutions. For instance, Science Applications International
Corporation (SAIC) has developed an innovative cybersecurity technology that helps
government protect critical data, mitigate risks, and establish a comprehensive defense
against cyber-attacks. There is also a greater emphasis on the intelligence-led security
as conventional security technologies, such as web, content management and network
security, are failing to deliver the tracking of security incidents.
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Detailed Research Report available at:
http://www.grandviewresearch.com/industry-analysis/cyber-security-market
The cybersecurity industry is expected to witness high demand for cloud-based
applications as government organizations are opting for the cloud platform for data
sharing.
Further key findings from the report suggest:

The services segment is anticipated to grow at a CAGR of over 12% from 2016
to 2024. The growing demand for Security-as-a-Service (SaaS) and cloud-based
solutions is expected to provide growth opportunities

Healthcare industry is expected to reach over USD 30 billion by 2024. The health
insurers are the prime target of the cyber-attacks, such as Advanced Persistent
Threats (APTs) and spear phishing. The crimes and breaches in this sector are
rising as the cost of stolen medical record is increasing.

The North American cybersecurity industry is anticipated to reach over USD 61
billion by 2024. The increasing cybercrime costs are enabling the region to focus
on building a strong resilience system for managing cybercrimes.

MEA is expected to grow at a CAGR of over 12.5% from 2016 to 2024. The
region is adopting digital technologies and applications at a faster pace,
increasing the risk of cyber-attacks. The expansion of digitization throughout the
region has made cybersecurity a necessity for organizations.

The major players in the cybersecurity market include Fortinet Inc., Checkpoint
Software Technologies Ltd, Cisco Systems Inc., Trend Micro Inc. and Symantec
Corporation. The companies in the cyberspace are focusing on reducing the
costs incurred in implementing security strategies by moving from solution-based
products to service offerings The growing trend of security-as-a-service is
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increasing the adoption of services and key players are integrating with major
service providers to fulfill consumer demand.
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Table of content of global cyber security market research report:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Market Snapshot
3.1. Cyber security - Market snapshot & key buying criteria, 2014 - 2024
Chapter 4. Cyber security Industry Outlook
4.1. Market segmentation
4.2. Cyber security- Market size and growth prospects
4.3. Cyber security- Value chain analysis
4.3.1. Vendor Landscape
4.4. Cyber security market dynamics
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4.4.1. Market driver analysis
4.4.1.1. Growing use of cloud-based security solutions
4.4.1.2. Increasing cyber threats
4.4.1.3. Growing government and compliance regulations
4.4.2. Market restraint analysis
4.4.2.1. Lack of training and inadequate workforce
4.5. Penetration & growth prospect mapping
4.6. Industry analysis - Porter's
4.7. Cyber security-Key competitor analysis, 2015
4.8. Cyber security market PESTEL analysis, 2015
Chapter 5. Cyber security Component Outlook
5.1. Solutions
5.1.1. Global market estimates and forecasts, 2014 - 2024
5.1.2. Services
5.1.2.1. Global market estimates and forecasts, 2014 - 2024
Chapter 6. Cyber security Security Type Outlook
6.1. Enterprise security
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6.1.1. Global market estimates and forecasts, 2014 - 2024
6.1.2. Endpoint security
6.1.2.1. Global market estimates and forecasts, 2014 - 2024
6.1.3. Cloud security
6.1.3.1. Global market estimates and forecasts, 2014 - 2024
6.1.4. Network security
6.1.4.1. Global market estimates and forecasts, 2014 - 2024
6.1.5. Application security
6.1.5.1. Global market estimates and forecasts, 2014 - 2024
6.1.6. Others
6.1.6.1. Global market estimates and forecasts, 2014 - 2024
Chapter 7. Cyber security Solution Outlook
7.1. Unified threat management
7.1.1. Global market estimates and forecasts, 2014 - 2024
7.1.2. IDS/IPS
7.1.2.1. Global market estimates and forecasts, 2014 - 2024
7.1.3. Data Loss Prevention (DLP)
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7.1.3.1. Global market estimates and forecasts, 2014 - 2024
7.1.4. Identity Access Management (IAM)
7.1.4.1. Global market estimates and forecasts, 2014 - 2024
7.1.5. Security Information and Event Management (SIEM)
7.1.5.1. Global market estimates and forecasts, 2014 - 2024
7.1.6. Distributed Denial of Service (DDoS)
7.1.6.1. Global market estimates and forecasts, 2014 - 2024
7.1.7. Risk and compliance management
7.1.7.1. Global market estimates and forecasts, 2014 - 2024
7.1.8. Others
7.1.8.1. Global market estimates and forecasts, 2014 - 2024
Chapter 8. Cyber security Services Outlook
8.1. Professional services
8.1.1. Global market estimates and forecasts, 2014 - 2024
8.1.2. Managed services
8.1.2.1. Global market estimates and forecasts, 2014 - 2024
Chapter 9. Cyber security Deployment Outlook
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9.1. Cloud
9.1.1. Global market estimates and forecasts, 2014 - 2024
9.1.2. On-premise
9.1.2.1. Global market estimates and forecasts, 2014 - 2024
Chapter 10. Cyber security Organization Outlook
10.1. Small and medium enterprises
10.1.1. Global market estimates and forecasts, 2014 - 2024
10.1.2. Large enterprises
10.1.2.1. Global market estimates and forecasts, 2014 - 2024
Chapter 11. Cyber security Application Outlook
11.1. IT & Telecom
11.1.1. Global market estimates and forecasts, 2014 - 2024
11.1.2. Retail
11.1.2.1. Global market estimates and forecasts, 2014 - 2024
11.1.3. BFSI
11.1.3.1. Global market estimates and forecasts, 2014 - 2024
11.1.4. Healthcare
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11.1.4.1. Global market estimates and forecasts, 2014 - 2024
11.1.5. Defense/government
11.1.5.1. Global market estimates and forecasts, 2014 - 2024
11.1.6. Automotive
11.1.6.1. Global market estimates and forecasts, 2014 - 2024
11.1.7. Others
11.1.7.1. Global market estimates and forecasts, 2014 - 2024
Chapter 12. Cyber security Regional Outlook
12.1. North America
12.1.1. Cyber security market by component, 2014 - 2024
12.1.2. Cyber security market by security type, 2014 - 2024
12.1.3. Cyber security market by solutions, 2014 - 2024
12.1.4. Cyber security market by services, 2014 - 2024
12.1.5. Cyber security market by deployment, 2014 - 2024
12.1.6. Cyber security market by organization, 2014 - 2024
12.1.7. Cyber security market by application, 2014 - 2024
12.1.8. U.S.
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12.1.8.1. Cyber security market by component, 2014 - 2024
12.1.8.2. Cyber security market by security type, 2014 - 2024
12.1.8.3. Cyber security market by solutions, 2014 - 2024
12.1.8.4. Cyber security market by services, 2014 - 2024
12.1.8.5. Cyber security market by deployment, 2014 - 2024
12.1.8.6. Cyber security market by organization, 2014 - 2024
12.1.8.7. Cyber security market by application, 2014 - 2024
12.1.9. Canada
12.1.9.1. Cyber security market by component, 2014 - 2024
12.1.9.2. Cyber security market by security type, 2014 - 2024
12.1.9.3. Cyber security market by solutions, 2014 - 2024
12.1.9.4. Cyber security market by services, 2014 - 2024
12.1.9.5. Cyber security market by deployment, 2014 - 2024
12.1.9.6. Cyber security market by organization, 2014 - 2024
12.1.9.7. Cyber security market by application, 2014 - 2024
12.2. Europe
12.2.1. Cyber security market by component, 2014 - 2024
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12.2.2. Cyber security market by security type, 2014 - 2024
12.2.3. Cyber security market by solutions, 2014 - 2024
12.2.4. Cyber security market by services, 2014 - 2024
12.2.5. Cyber security market by deployment, 2014 - 2024
12.2.6. Cyber security market by organization, 2014 - 2024
12.2.7. Cyber security market by application, 2014 - 2024
12.2.8. Germany
12.2.8.1. Cyber security market by component, 2014 - 2024
12.2.8.2. Cyber security market by security type, 2014 - 2024
12.2.8.3. Cyber security market by solutions, 2014 - 2024
12.2.8.4. Cyber security market by services, 2014 - 2024
12.2.8.5. Cyber security market by deployment, 2014 - 2024
12.2.8.6. Cyber security market by organization, 2014 - 2024
12.2.8.7. Cyber security market by application, 2014 - 2024
12.2.9. U.K.
12.2.9.1. Cyber security market by component, 2014 - 2024
12.2.9.2. Cyber security market by security type, 2014 - 2024
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12.2.9.3. Cyber security market by solutions, 2014 - 2024
12.2.9.4. Cyber security market by services, 2014 - 2024
12.2.9.5. Cyber security market by deployment, 2014 - 2024
12.2.9.6. Cyber security market by organization, 2014 - 2024
12.2.9.7. Cyber security market by application, 2014 - 2024
12.3. Asia Pacific
12.3.1. Cyber security market by component, 2014 - 2024
12.3.2. Cyber security market by security type, 2014 - 2024
12.3.3. Cyber security market by solutions, 2014 - 2024
12.3.4. Cyber security market by services, 2014 - 2024
12.3.5. Cyber security market by deployment, 2014 - 2024
12.3.6. Cyber security market by organization, 2014 - 2024
12.3.7. Cyber security market by application, 2014 - 2024
12.3.8. China
12.3.8.1. Cyber security market by component, 2014 - 2024
12.3.8.2. Cyber security market by security type, 2014 - 2024
12.3.8.3. Cyber security market by solutions, 2014 - 2024
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12.3.8.4. Cyber security market by services, 2014 - 2024
12.3.8.5. Cyber security market by deployment, 2014 - 2024
12.3.8.6. Cyber security market by organization, 2014 - 2024
12.3.8.7. Cyber security market by application, 2014 - 2024
12.3.9. India
12.3.9.1. Cyber security market by component, 2014 - 2024
12.3.9.2. Cyber security market by security type, 2014 - 2024
12.3.9.3. Cyber security market by solutions, 2014 - 2024
12.3.9.4. Cyber security market by services, 2014 - 2024
12.3.9.5. Cyber security market by deployment, 2014 - 2024
12.3.9.6. Cyber security market by organization, 2014 - 2024
12.3.9.7. Cyber security market by application, 2014 - 2024
12.3.10. Japan
12.3.10.1. Cyber security market by component, 2014 - 2024
12.3.10.2. Cyber security market by security type, 2014 - 2024
12.3.10.3. Cyber security market by solutions, 2014 - 2024
12.3.10.4. Cyber security market by services, 2014 - 2024
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12.3.10.5. Cyber security market by deployment, 2014 - 2024
12.3.10.6. Cyber security market by organization, 2014 - 2024
12.3.10.7. Cyber security market by application, 2014 - 2024
12.4. Latin America
12.4.1. Cyber security market by component, 2014 - 2024
12.4.2. Cyber security market by security type, 2014 - 2024
12.4.3. Cyber security market by solutions, 2014 - 2024
12.4.4. Cyber security market by services, 2014 - 2024
12.4.5. Cyber security market by deployment, 2014 - 2024
12.4.6. Cyber security market by organization, 2014 - 2024
12.4.7. Cyber security market by application, 2014 - 2024
12.4.8. Brazil
12.4.8.1. Cyber security market by component, 2014 - 2024
12.4.8.2. Cyber security market by security type, 2014 - 2024
12.4.8.3. Cyber security market by solutions, 2014 - 2024
12.4.8.4. Cyber security market by services, 2014 - 2024
12.4.8.5. Cyber security market by deployment, 2014 - 2024
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12.4.8.6. Cyber security market by organization, 2014 - 2024
12.4.8.7. Cyber security market by application, 2014 - 2024
12.5. MEA
12.5.1. Cyber security market by component, 2014 - 2024
12.5.2. Cyber security market by security type, 2014 - 2024
12.5.3. Cyber security market by solutions, 2014 - 2024
12.5.4. Cyber security market by services, 2014 - 2024
12.5.5. Cyber security market by deployment, 2014 - 2024
12.5.6. Cyber security market by organization, 2014 - 2024
12.5.7. Cyber security market by application, 2014 - 2024
Chapter 13. Competitive Landscape
13.1. BAE Systems Inc.
13.1.1. Company Overview
13.1.2. Financial Performance
13.1.3. Product Benchmarking
13.1.4. Strategic Initiatives
13.2. Cisco Systems Inc.
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13.2.1. Company Overview
13.2.2. Financial Performance
13.2.3. Product Benchmarking
13.2.4. Strategic Initiatives
13.3. Centrify Corporation
13.3.1. Company Overview
13.3.2. Financial Performance
13.3.3. Product Benchmarking
13.3.4. Strategic Initiatives
13.4. Checkpoint Software Technologies Ltd
13.4.1. Company Overview
13.4.2. Financial Performance
13.4.3. Product Benchmarking
13.4.4. Strategic Initiatives
13.5. EMC Corporation
13.5.1. Company Overview
13.5.2. Financial Performance
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13.5.3. Product Benchmarking
13.5.4. Strategic Initiatives
13.6. FireEye Inc.
13.6.1. Company Overview
13.6.2. Financial Performance
13.6.3. Product Benchmarking
13.6.4. Strategic Initiatives
13.7. Fortinet, Inc.
13.7.1. Company Overview
13.7.2. Financial Performance
13.7.3. Product Benchmarking
13.7.4. Strategic Initiatives
13.8. Hewlett-Packard Enterprise
13.8.1. Company Overview
13.8.2. Financial Performance
13.8.3. Product Benchmarking
13.8.4. Strategic Initiatives
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13.9. IBM Corporation
13.9.1. Company Overview
13.9.2. Financial Performance
13.9.3. Product Benchmarking
13.9.4. Strategic Initiatives
13.10. Intel Security
13.10.1. Company Overview
13.10.2. Financial Performance
13.10.3. Product Benchmarking
13.10.4. Strategic Initiatives
13.11. Lockheed Martin
13.11.1. Company Overview
13.11.2. Financial Performance
13.11.3. Product Benchmarking
13.11.4. Strategic Initiatives
13.12. LogRhythm Inc.
13.12.1. Company Overview
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13.12.2. Financial Performance
13.12.3. Product Benchmarking
13.12.4. Strategic Initiatives
13.13. Northrop Grumman Corporation
13.13.1. Company Overview
13.13.2. Financial Performance
13.13.3. Product Benchmarking
13.13.4. Strategic Initiatives
13.14. Palo Alto Networks
13.14.1. Company Overview
13.14.2. Financial Performance
13.14.3. Product Benchmarking
13.14.4. Strategic Initiatives
13.15. Proofpoint Inc.
13.15.1. Company Overview
13.15.2. Financial Performance
13.15.3. Product Benchmarking
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13.15.4. Strategic Initiatives
13.16. Rapid7 Inc.
13.16.1. Company Overview
13.16.2. Financial Performance
13.16.3. Product Benchmarking
13.16.4. Strategic Initiatives
13.17. Skybox Security Inc.
13.17.1. Company Overview
13.17.2. Financial Performance
13.17.3. Product Benchmarking
13.17.4. Strategic Initiatives
13.18. Sophos Ltd.
13.18.1. Company Overview
13.18.2. Financial Performance
13.18.3. Product Benchmarking
13.18.4. Strategic Initiatives
13.19. Symantec Corporation
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13.19.1. Company Overview
13.19.2. Financial Performance
13.19.3. Product Benchmarking
13.19.4. Strategic Initiatives
13.20. Trend Micro Inc.
13.20.1. Company Overview
13.20.2. Financial Performance
13.20.3. Product Benchmarking
13.20.4. Strategic Initiatives
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
Contact:
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: [email protected]
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The global cyber security market is expected to reach USD 205.51 billion by 2024, according to a new report by Grand View Research, Inc. The dependence of enterprises on information technology and sensitive nature of digitally stored data has raised the stake for cyber-attackers with financial gain becoming a primary motive. Click here - http://www.grandviewresearch.com/industry-analysis/cyber-security-market