Source: Business Wire | Release | June 15, 2016

Research and Markets has announced the addition of the "Global Cyber Security Market By Security Type, By Solutions, By End Use Industry, By Region, Competition Forecast and Opportunities, 2011-2021" report to their offering.

The global market for cyber security is projected to surpass US$ 137 billion by 2021. Growing trend of Bring Your Own Device (BYOD), rising adoption of cloud computing, expanding market for Internet of Things (IoT) are ex pected to continue driving the cyber security market across the globe over the next five years.

The cyber security market is one of the fastest growing markets in the global IT security sector. Rising average per capita cost of data breach is a major factor propelling investments by the private companies to strengthen their network security.

Implementation of stringent government regulations along with augmented government as well as private sector spending towards ensuring cyber security and developing skilled human resources is fueling the adoption of advanced cyber security solutions such as Next-Generation Firewall (NGFW), Unified Threat Management, Intrusion Detection System/Intrusion Prevention System, Security Information & Event Management, etc., globally.

The increasing role of cyber security analytics services to predict the trend of cyber-attacks to help organizations in mitigating financial losses incurred during a cyber-attack, is expected to attract R&D investments in the coming years. Anticipated growth in R&D investments is expected to result in development of advanced cyber security solutions to protect mobile devices, content, personal information, etc., which in turn would stimulate growth in the global cyber security market during the forecast period.

Companies Mentioned:

  • BAE Systems PLC
  • Barracuda Networks Inc.
  • Booz Allen Hamilton Inc.
  • Check Point Software Technologies, Ltd.
  • Cisco Systems, Inc.
  • Computer Sciences Corporation
  • FireEye Inc.
  • Fortinet, Inc.
  • Intel Corporation
  • International Business Machine (IBM) Corporation
  • Kaspersky Lab
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Palo Alto Networks, Inc.
  • RSA Security LLC
  • SecureWorks Corporation
  • Sophos Ltd.
  • Symantec Corporation
  • Thales SA
  • Trend Micro, Inc.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Cyber Security Market Outlook

5. North America Cyber Security Market Outlook

6. Europe Cyber Security Market Outlook

7. Asia Pacific Cyber Security Market Outlook

8. Middle East & Africa Cyber Security Market Outlook

9. South America Cyber Security Market Outlook

10. Global Cyber Security Market Attractiveness Index

11. Market Dynamics

12. Market Trends and Developments

13. Competitive Landscape

14. Strategic Recommendations

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