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Asia-Pacific Cyber Security Market 2015-2019 - Demand for Cloud-based Security Solutions with BAE Systems, Cisco Systems, Lockheed Martin, Northrop Grumman, Raytheon & Symantec DominatingDUBLIN, Mar. 30, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/gf4j79/cyber_security) has announced the addition of the "Cyber Security Market in the APAC Region 2015-2019" report to their offering. The analysts forecast the Cyber Security market in the APAC region to grow at a CAGR of 15.15 percent over the period 2014-2019. Cyber threats are internet-based attempts that disrupt or damage IT systems and hack critical information using spyware, malware, and phishing. Cyber security solutions help organizations detect, monitor, report, and counter cyber threats and maintain the confidentiality of IT systems. Increased internet penetration has led an exponential rise in sophisticated attacks on IT business infrastructure. Organizations are increasingly adopting cyber security solutions to protect critical data or any digital asset stored in a computer or any digital memory device. Cyber threats are becoming the major concern with the increase in usage of mobile devices and applications. According to the report, one of the major drivers of the market is increased use of mobile devices such as tablets and laptops, which has made it difficult to identify cyber threats. With the rising need to integrate networks with mobile devices of employees, demand for security solutions to prevent misuse of confidential data through fraudulent activities has also been on the rise. Further, the report states that high cost of deployment of cyber security solutions is one of the major challenges for the market. Implementing a traditional cyber security solution takes time. This makes the implementation process very critical because once deployed, making changes to it becomes an expensive affair. Also, it requires additional high-cost IT infrastructure, complex programming, and extra time to ensure quality and integration with other solutions. Key Vendors
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For more information visit http://www.researchandmarkets.com/research/gf4j79/cyber_security Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/asia-pacific-cyber-security-market-2015-2019---demand-for-cloud-based-security-solutions-with-bae-systems-cisco-systems-lockheed-martin-northrop-grumman-raytheon--symantec-dominating-300059236.html SOURCE Research and Markets |