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Google Analytics Metrics of Cyber Security 2021
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Nowadays, companies are focusing not only on security solutions but also on security services. Among the services, managed security service is rapidly gaining traction by covering 40% of the security market in 2015. Managed security services help clients to prepare for cyber-attacks by understanding and managing cyber exposure, enabling them to make informed investment decisions and to put necessary, cost-effective protection in place.
Explosive increase in cyber threats is backed by factors such as increasing mobile and web usage and social media, among others. Also, Internet of Things (IoT) is another major factor that has invited various cyber threats at various sensors, terminals, and end devices. Considering this, every sector has a wide scope for cyber security requirement. Organizations are looking for integrated security solutions these days to cater their various security needs through one platform for cost benefits and to reduce complications. The aerospace, defense, and intelligence vertical needs the most advanced cyber security solutions due to increasing security need of the nations. E-governance, increasing concerns regarding territorial security like military, navy, and economic has led the government to think more seriously about cyber threats. Also, increasing demand for cyber security has led the government to make about stringent cyber and IT laws, legal and regulatory compliances, and data security.The major vendors in the cyber security market are IBM corporations, Intel Corporation, Booz Allen Hamilton, CSC, Lockheed Martin, NorthGrumman, Sophos, Symantec, and Trend Micro.
The global cyber security market is segmented based on component, solution/offerings, deployment type, user type, industry vertical, and region. In terms of component, the market is segmented into solution and services. The solution segment is again bifurcated into hardware and software. Based on solution/offerings, the market is segmented into identity and access management, infrastructure security, governance, risk, & compliance, unified vulnerability management service offering, and data security and privacy service offering. Based on deployment type, the market is divided into cloud and on-premises.By user type,the market is classified into large enterprises and small & medium enterprises. In terms of industry vertical, the market is segmented into aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. As per region, the cyber security market size is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global cyber security market is dominated by key players such as Accenture, Capgemini, Cognizant, HCL Technologies Limited, IBM Corporation, Symantec Corporation, Tata Consultancy Services, Wipro Limited, and others.
Cyber Security Market Outlook - 2025
The cyber security market size was valued at $104.60 billion in 2017 and is projected to reach $258.99 billion by 2025, growing at a CAGR of 11.9% from 2018 to 2025. Cyber security also referred to as Information Technology (IT) security, emphasize on safeguarding computers, programs, networks, and data from unlicensed or spontaneous access. As cyber threats have gained importance, security solutions have progressed as well. Factors such as rise in malware and phishing threats, and growth in adoption of IoT and BYOD trend among organizations, are driving the cyber security industry growth.
Senior Software Developer Edgecore Electronics FZCO
Afghanistan
MSc Information security at Royal Holloway,
University of London.
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Southern Federal University
Russia
Cyber Security Specialist USA
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President at Med Cybersecurity LLC USA
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Information Security Forencis and Networking Research Group (InFoRsNET)
Fakulti Teknologi Maklumat dan Komunikasi, Universiti Teknikal Malaysia Melaka
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Web Developer · Java Software Engineer · Php Sql Developer · Network Engineer · Cyber Security Specialist
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