Global Cyber Security Market To Grow At A CAGR Of 12.88% During The Period 2017-2021 | Booz Allen Hamilton, Lockheed Martin, McAfee, Symantec, Trend Micro

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Cyber threats are the Internet-based attempts to disrupt or damage information systems and hack critical information using spyware, malware, and phishing. Cyber security solutions help organizations to monitor, detect, report, and counter cyber threats to maintain data confidentiality. The adoption of cyber security solutions is expected to grow with the increasing Internet penetration among developing and developed countries. In addition, the expanding wireless network for mobile devices has increased data vulnerability.

Technavios analysts forecast the global cyber security market to grow at a CAGR of 12.88% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global cyber security market for 2017-2021. To calculate the market size, the report considered revenues generated from the sale of cyber security solutions that include software suits and services.

The market is divided into the following segments based on geography:

North America

Europe

APAC

Latin America

MEA

Global Cyber Security Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Booz Allen Hamilton

Lockheed Martin

McAfee

Symantec

Trend Micro

Other prominent vendors

Boeing

Brocade Communications Systems

Check Point Software Technologies

Cisco Systems

Dell EMC

F-Secure

Fortinet

General Dynamics

Hewlett Packard Enterprise

IBM

Kaspersky Lab

Juniper Networks

L3 Technologies

Microsoft

Northrop Grumman

Raytheon

Sophos

Market driver

Increase in use of mobile devices

For a full, detailed list, view our report

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Market challenge

High cost of deployment

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Market trend

Adoption of IoT

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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