DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Cybersecurity Market Global Analysis By Product, Industry Verticals, Regions” report has been added to ResearchAndMarkets.com’s offering.
The Cybersecurity Market will be worth US$164 Billion by 2024
Cybersecurity helps an organization to check, identify, report, and counter cyber theft or damage to its electronic data. Globally, spending on Cybersecurity is growing as there is increase in cybercrimes and malware attack on governments, banking, financial services and insurance, healthcare, Information and Communication Technology (ICT) and retail companies.
Dangerous threats like Ransomware, malware, advanced cyber attacks launching at governments, businesses, educational institutions and consumers worldwide have increased the role of cybersecurity manyfold. The acceptance of Cybersecurity resolution is predicted to rise with the growing access of internet globally. In addition to this increasing wireless network of mobile devices have given rise to data susceptibility thus making Cybersecurity an even more important piece for every company and government.
The future of cybersecurity market looks promising due to rising security requirements of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends such as smartphones, pads etc, and growing use of cloud based application will help in driving the cybersecurity market. Another factor which will also help cybersecurity market to grow are government initiatives, rising threats like Malware, ransomware etc, SMEs spending on cyber securities as well as growing threat of global cyber terrorism.
Scope of the Report
By product the Global Cyber Security Market is categorized intoNetwork Security Identity and Access Management (IAM) Security and Vulnerability Management (SVM) End Point Security Messaging Security Web Security Others
By Services the Global Cyber Security Market is segmented intoManaged Security Services Integrated Solutions Security Consulting Educations and Training
By Industry verticals the Global Cyber Security Market is segmented intoGovernment Banking, Financial services and Insurance Manufacturing Information and Communication Technology (ICT) Retail Healthcare Others
For more information about this report visit https://www.researchandmarkets.com/research/6l5jrc/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005504/en/
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Related Topics:IT Security
INDUSTRY KEYWORD: TECHNOLOGY SECURITY
SOURCE: Research and Markets
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PUB: 10/09/2018 04:50 AM/DISC: 10/09/2018 04:50 AM