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Global Cyber Security Market Worth USD $137 Billion by 2021 - Growing Trend of BYOD - Research and MarketsResearch and Markets has announced the addition of the "Global Cyber Security Market By Security Type, By Solutions, By End Use Industry, By Region, Competition Forecast and Opportunities, 2011-2021" report to their offering. The global market for cyber security is projected to surpass US$ 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 expected 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 (News - Alert) Detection System/Intrusion Prevention System, Security Information & Event Management, et., 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:
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 For more information visit http://www.researchandmarkets.com/research/wgpxnv/global_cyber View source version on businesswire.com: http://www.businesswire.com/news/home/20160615005921/en/ |
