TMCnet News
Cyber Security Market to Reach US$ 206 Bn by 2025 - Persistence Market RseearchNEW YORK, May 18, 2017 /PRNewswire/ -- Enterprises are increasingly deploying cyber security products and solutions in order to protect confidential data from security impeachment. Today, cyber security has become an essential mechanism to block perilous cyber threats. In 2016, the global market for cyber security stood at US$ 76,400 Mn and projected to grow to US$ 205,810.4 Mn by 2025, reflecting a CAGR of 12% during the forecast period. The increasing application of cloud-based services in multiple workloads including data backups, Email services, ERP, CRM, and collaboration services is expected to drive the growth of global cyber security market in 2017 and beyond. (Logo: http://photos.prnewswire.com/prnh/20161114/438683logo ) View Market Overview and Research Methodology@ http://www.persistencemarketresearch.com/market-research/cyber-security-market.asp The cost of cloud-based services is comparatively cheaper, as these services require a very minimum IT infrastructure setup. However, cloud deployment increases vulnerabilities in software and often makes it easy to access. Therefore, many companies are shifting towards the adoption of cyber security solutions to secure their workloads on the cloud. In addition, robust digitization across the globe continue to create the possibility of new cyber threats, hence, compelling enterprises to opt for cyber security solutions in order to tackle unethical hacking and malignant cybercrimes. Persistence Market Research (PMR) in its report titled "Cyber Security Market: Global Industry Analysis and Forecast 2017-2025" projects that the cyber security market in A sample of this report is available upon request@ http://www.persistencemarketresearch.com/samples/15901 The report also cites that the arrival of several cutting-edge security services for IoT coupled with the escalating demand for next generation security solutions is bringing lucrative business propositions for market players. IBM Corporation, Microsoft Corp., Lockheed Martin, Intel Corp., Secureworks, Symantec Corporation, Verizon Communication Inc., Sophos, Check point software technologies, and Trend Micro rank amongst the top notch companies in the globe having expertise in cyber security solutions. View Report Table of Contents, Figures, and Tables@ Here Additional Excerpts From the Report Include:
To Buy Full Report@ http://www.persistencemarketresearch.com/checkout/15901 Persistence Market Research Overview Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. Contact Web: http://www.persistencemarketresearch.com |