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Social Media Security Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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The global social media security market is poised to value over US $ 2.3 billion by 2026 end, growing at a CAGR of 16.7% during the forecast period of 2019 to 2026. Social media has become an interwoven part of everyday life and so is the need to p
Social Media Security Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
The global social media security market is poised to value over US $ 2.3 billion by
2026 end, growing at a CAGR of 16.7% during the forecast period of 2019 to 2026.
Social media has become an interwoven part of everyday life and so is the need to
protect personal data due to the malware and social engineering incidences. With
information security, social engineering activities on the rise the social media usage
experience greater necessity for enhanced cybersecurity than ever before. Also,
almost every corporate today relies on social media platforms for brand promotion,
product advertisements and latest broadcasts. Stringent government measures to
deal with cybersecurity attacks on social media channels are the major driving factor
for social media security services demand. The cost associated with cybersecurity
breaches is massively taxing especially for small and medium organizations.
Besides lack of upgraded enterprise security strategies and uniform data protection
measures especially around Bring Your Own Device (BYOD) trend, is another factor
that is foreseen to promote the growth of social media security market in years to
come.
The gigantic data created on social media platforms in the form of images, videos,
text, geographic locations etc. can determine to be of competitive advantage to the
corporates. The global social media security market players are anticipated to
harness opportunities created by the next-generation communication technologies
like advanced Long Term Evolution (LTE) to gain a leading position during forecast
years from 2019 to 2026.
Global Social Media Security Market Challenges and Restraints
• Lack of cross border cyber-security compliant laws in terms of social media
security solutions adoption
• Irregular security criteria that differ from organization to organization
• Social engineering threats violating contemporary security protocols
• Failure to comprehend sophisticated attacks before the damage is done
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Global Social Media Security Market, by Service:
>Managed Service
>Professional Service
Global Social Media Security Market, by Solution:
>Threat Intelligence
>Risk Management
>Monitoring
The lack of measures to gauze cybersecurity malware and malicious attacks in
advance creates a unique opportunity for social media security solutions providers.
Hence threat intelligence is anticipated to be a landscape-altering solution across
global social media security market. Threat intelligence segment is estimated to grow
at a lucrative CAGR during 2019-2026.
Global Social Media Security Market, by Organization Size:
> Large enterprises
> Small and medium enterprises
Global Social Media Security Market, by Industry Vertical:
> IT and telecom
> Media and entertainment
> Travel and hospitality
> Retail
> Healthcare
> Education
> Banking, financial services, and insurance
Global Social Media Security Market, by Region:
> Europe
> North America
> APAC
> Latin America
> Rest of world
Herculean amount of confidential personal data that needs protection on social
media platforms in the North American region has put it in the forefronts of the
global social media security market. However, it is anticipated that the APAC region
would soon take over the leading position due to cyber security related regulatory
reforms underway. Whereas, the increased investments in social media security
services and technologies across various industrial verticals in Latin America, this
region is supposed to grow at a considerable pace over a few years from now.
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Competitive Landscape:
> Tier 1 players- established companies in the market with a major market share
> Tier 2 players
> Emerging players which are growing rapidly
> New Entrants
Future Wise Takeaways
> Growth prospects
> SWOT analysis
> Key trends
> Key data points affecting market growth
Objectives of the Study:
1. To provide with an exhaustive analysis on the global social media security market
on the basis of solution, service, security type organization size, industry vertical, and
region
2. To cater comprehensive information on factors impacting market growth
(drivers, restraints, opportunities, and industry-specific restraints)
3. To evaluate and forecast micro-markets and the overall market
4. To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East.
5. To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
6. Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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