Cybersecurity Market Emerging Trends and Global Demand : Trend Micro Incorporated, McAfee, IBM Corporation

The global cybersecurity market held a market size of USD 149.7 Billion in 2020 and is anticipated to grow at a CAGR of 13.4% from 2017 to 2027.

Chicago, IL — (SBWIRE) — 12/31/2021 — Global Cybersecurity Market, By Component (Solution, Services), Security (Network Security, Endpoint Security, Cloud Security), Deployment (Cloud-Based, On-Premise), Application (BFSI, Healthcare, Manufacturing), Enterprise Size Forecast till 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Cybersecurity market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Cybersecurity market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Cybersecurity Market
The global cybersecurity market held a market size of USD 149.7 Billion in 2020 and is anticipated to grow at a CAGR of 13.4% from 2017 to 2027.

The rising penetration of IoT devices is anticipated to boost market growth. As the demand for IoT devices is proliferating, it has become more critical to secure IoT environments as well as prevent data breaches. Around 21.5 billion IoT devices are expected to be in the market by 2025. According to a survey by Extreme Networks, 84% of the surveyed organizations have IoT devices on their corporate networks. As per the same source, around 50% of these organizations do not maintain required security measures except the default passwords. Furthermore, the rising number of data breach incidents worldwide and demand for cybersecurity mesh is also boosting the market growth. Moreover, the rapid technological advancements requiring more advanced and secure business models are estimated to positively influence market growth. Despite the drivers, factors such as a low cybersecurity budget along with high installation cost and lack of cybersecurity expertise are expected to hinder the market growth.

The global cybersecurity market is classified into security, component, deployment, application, and enterprise size.
On a regional basis, the global cybersecurity market has been bifurcated into North America, Middle East & Africa, Europe, Asia Pacific, and South America. North America is the leading region in the global market accounting for a market share of more than 34%. Factors such as the presence of major market players in the region and rising spending on SMEs as well as large enterprises are major factors boosting the market growth in the region. The presence of large enterprises from industries such as telecom, energy, technology, and finance, among others, which are potential targets for advanced persistent threats, in the Asia Pacific region is expected to boost its market growth.

Key players functioning in the global cybersecurity market include Trend Micro Incorporated, McAfee, IBM Corporation, BAE Systems, Inc., Microsoft, Check Point Software Technology Ltd., EMC Corporation, F5 Networks, FireEye, Inc., Sophos PLC, Proofpoint Inc., Fortinet, Inc., Symantec Corporation, Cisco Systems Inc., Juniper Networks, Qualys Inc., and Palo Alto Networks, Inc, among others.

Recent Developments by Market Players in the Global Cybersecurity Market
– In July 2021, Trend Micro Incorporated collaborated with Microsoft to deliver greater impact to cybersecurity for their joint customers. This collaboration outlined new cooperation on developing cloud-based cybersecurity solutions on Microsoft Azure and generating co-selling opportunities.
– In July 2021, Sophos acquired Braintrace. This boosted the adaptive cybersecurity ecosystem with Braintrace’s network detection and response technology. This strengthened Sophos’ market presence.
– In June 2021, McAfee extended its long-standing partnership with Samsung. This is intended to protect the personal data of Samsung’s customers against potential online threats.
– In June 2021, FireEye, Inc. launched the Mandiant On-Demand Cyber Intelligence Training. This is focused on educating security teams on the practical application of threat intelligence concepts, across multiple use cases designed to build skillsets at all levels.

Market Segmentation
By Component
– Solution
o Threat Intelligence
? Identity and Access Management
? Security and Vulnerability Management
? Risk and Compliance Management
? Others
o Encryption
o Data Loss Prevention
? Network DLP
? Storage/ Data Center DLP
? Endpoint DLP
o Unified Threat Management
o Firewall
o Intrusion Detection Systems/ Intrusion Prevention Systems
o Disaster Recovery
o Distributed Denial of Service
o Others
– Services
o Professional Services
? Design and Integration
? Risk and Threat Assessment
? Consulting
? Training and Education
? Support and Maintenance
? Managed Security Services
By Security
– Network Security
– Endpoint Security
– Application Security
– Cloud Security
– Others
By Deployment
– Cloud-Based
– On-Premise
By Enterprise Size
– Small & Medium-Sized Enterprises
– Large Enterprises
By Application
– BFSI
– Government
– Retail
– Healthcare
– IT and Telecommunication
– Manufacturing
– Others

Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
– Market Behavior/ Level of Risk and Opportunity
– End Industry Behavior/ Opportunity Assessment
– Expected Industry Recovery Timeline

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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on: Report Ocean provides complete tailor-made market reports that deliver vital market information on industry. Our market reports include:
– Market Sizing and Structuring
– Micro and macro analysis
– Regional dynamics and Operational landscape
– Demographic profiling and Addressable market
– Legal Set-up and Regulatory frameworks
– Profitability and Cost analysis
– Segmentation analysis of Market
– Existing marketing strategies in the market, Best practice, GAP analysis
– Competitive landscape, Leading market players, Benchmarking
– Future market trends and opportunities – Scenario modeling

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the:
– Existing market infrastructures
– Market challenges and opportunities
– Potential for growth in certain industries in the coming years
– End-consumer target groups and their potential volumes of operation
– Best regions and segments to target
– Pros and cons of various promotion models
– Touch points and an opportunity breakdown within the value chain
– Market size and growth rate during forecast period.
– Key factors driving the Market.
– Key market trends cracking up the growth of the Market.
– Challenges to market growth.
– Key vendors of Market.
– Detailed SWOT analysis.
– Opportunities and threats faces by the existing vendors in Global Market.
– Trending factors influencing the market in the geographical regions.
– Strategic initiatives focusing the leading vendors.
– PEST analysis of the market in the five major regions.

The Study Explore COVID 19 Outbreak Impact Analysis

– What should be entry strategies, countermeasures to economic impact, and marketing channels?
– What are market dynamics?
– What are challenges and opportunities?
– What is economic impact on market?
– What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Cybersecurity Market Report:

Global Cybersecurity Market Research Report
Section 1: Global Cybersecurity Industry Overview
Section 2: Global Economic Impact on Cybersecurity Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Cybersecurity Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Cybersecurity Market Forecast
……..and view more in complete table of Contents

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