Cyber Security Market Share, Size, Trends and Growth to 2020

Cyber security solutions enable organizations by monitoring, detecting, reporting, and countering cyber threats to maintain data confidentiality. With an increase in Internet penetration in emerging countries, the adoption of cyber security solutions is expected to grow. Also, with the usage of wireless networks for mobile devices such as smartphones, tablets, and laptops, these IT systems have become vulnerable to cyber-attacks.

Further, with the adoption of cloud-based services and emergence of IoT, IT systems have become more vulnerable to cyber-attacks.

Technavio's analysts forecast the global cyber security market to grow at a CAGR of 12.13% during the period 2016-2020.

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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 the period 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of cyber security solutions

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

North America

Europe

APAC

Latin America

MEA

Technavio's report, Global Cyber Security Market 2016-2020, 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 vendros

Boeing

Brocade Communication

Check Point Software Technologies

Cisco

CSC

EMC

F-Secure

Fortinet

General Dynamics

HP

IBM

Kaspersky Lab

Juniper Networks

L-3 Communications

Microsoft

Northrop Grumman

Raytheon

Sophos.

Market driver

Intense vendor competition

For a full, detailed list, view our report...