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Global Proactive Security Market to Grow at a CAGR of 15.1% during the Forecast Period 2018-2023
[July 10, 2018]

Global Proactive Security Market to Grow at a CAGR of 15.1% during the Forecast Period 2018-2023


DUBLIN, July 10, 2018 /PRNewswire/ --

The "Proactive Security Market by Solution, Service, Organization Size, Industry Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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The report forecasts the global proactive security market size to grow from USD 20.66 billion in 2018 to USD 41.77 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.

Increasing sophistication of cyberattacks, along with the rising need to meet compliance requirements, are expected to drive the adoption of proactive security solutions for the protection of their sensitive information. Moreover, the SMEs segment is gaining a high traction in the market, as SMEs are more vulnerable to internal and external data breaches. With the adoption of proactive security solutions, organizations can effectively maintain and secure their critical information from data breaches. Proactive security solutions help organizations optimize their security infrastructure, easily manage security vulnerabilities, and control all their security products from a single platform.

Security vendors are offering proactive security solutions via security analytics, AMP, security monitoring, attack simulation, security orchestration, and risk and vulnerability management. As the frequency of security breaches has increased over the past 5 years, organizations have increased their IT security investments to protect against advanced threats. However, for many enterprises, including SMEs, these investment costs are a matter of concern. Furthermore, for a strong and advanced security, the cost of innovation is still high, and thus many organizations view budgetary constraints as a barrier to the adoption of proactive security solutions and services.

Proactive security solutions include various solutions for prevention, such as security analytics, AMP, security monitoring, attack simulation, security orchestration, and risk and vulnerability management. The risk and vulnerability management solution is expected to dominate the proactive security market and is estimated to have the largest market size in 2018. The security analytics solution will play a key role in changing the market landscape and is expected to grow at the highest CAGR during the forecast period, as global organizations are highly proactive in improving their IT security and protecting sensitive information from data breaches and malware attacks.

The BFSI is the fastest-growing vertical in the proactive security market, as BFSI companies have stringent legal and regulatory compliances associated with information security. Small and Medium-sized Enterprises (SMEs) continue to deploy proactive security solutions, as SMEs are increasingly facing malware-based and DNS-based cyber-attacks.

North America is estimated to hold the largest market size in 2018. The inreasing need for organizations to protect their data from advanced cyber-attacks, and addressing the stringent government regulations are expected to drive the proactive security market. Furthermore, rapid economic growth in the major countries, along with regulatory reforms and economic stability, is expected to drive the market in Asia Pacific (APAC). In Middle East and Africa (MEA), enterprises belonging to a range of verticals, such as BFSI, government, education, and manufacturing, are expected to increase their investments in proactive security solutions and services.



Key Topics Covered


1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.3.1 Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Proactive Security Market
4.2 Market By Component, 2018-2023
4.3 Market By Service, 2018-2023
4.4 Market Top 4 Industry Verticals and Regions

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Strategic Shift Toward Proactive Security Due to Increasing Sophistication in Attacking Techniques
5.2.1.2 Rising Need to Manage Stringent Regulations and Compliances
5.2.1.3 Rising Adoption of Iot, Smart Mobile Devices, and Byod Trends
5.2.2 Restraints
5.2.2.1 Budgetary Constraints to Deploy Proactive Cybersecurity Solutions
5.2.3 Opportunities
5.2.3.1 Proliferation of Cloud-Based Services Across Global Organizations
5.2.3.2 Rapidly Increasing Digital Transformation of Organizations in Major Economies
5.2.4 Challenges
5.2.4.1 Limited Skilled Cybersecurity Professionals
5.3 Standards and Regulations
5.3.1 General Data Protection Regulation (GDPR)
5.3.2 Health Insurance Portability and Accountability Act (HIPAA)
5.3.3 Federal Information Security Management Act (FISMA)
5.3.4 Sarbanes-Oxley Act (SOX)
5.3.5 Gramm-Leach-Bliley Act (GLBA)
5.3.6 Payment Card Industry Data Security Standard (PCI DSS)
5.3.7 Federal Information Processing Standard (FIPS)
5.4 Cyber Threat Landscape
5.4.1 Cyber-Attack Motives
5.4.2 Attacks Witnessed By Small and Medium-Sized Enterprises and Emergence of Insider Attacks
5.4.3 Key Targets of Cyber-Attackers During Data Breach

6 Proactive Security Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Risk and Vulnerability Management
6.2.2 Advanced Malware Protection
6.2.3 Security Analytics
6.2.4 Security Monitoring
6.2.5 Security Orchestration
6.2.6 Attack Simulation
6.3 Services
6.3.1 Professional Services
6.3.1.1 Training and Education Services
6.3.1.2 Support and Maintenance Services
6.3.1.3 Consulting Services
6.3.1.4 Design and Integration Services
6.3.2 Managed Services

7 Market By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises

8 Proactive Security Market, By Industry Vertical
8.1 Introduction
8.2 Banking, Financial Services, and Insurance
8.3 Government and Defense
8.4 Retail and Ecommerce
8.5 IT and Telecom
8.6 Healthcare and Life Sciences
8.7 Energy and Utilities
8.8 Manufacturing
8.9 Others

9 Proactive Security Market, By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.2 Canada
9.3 Europe
9.3.1 United Kingdom
9.3.2 Germany
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Australia
9.4.4 Japan
9.4.5 Rest of Asia Pacific
9.5 Middle East and Africa
9.5.1 Middle East
9.5.2 Africa
9.6 Latin America
9.6.1 Mexico
9.6.2 Brazil
9.6.3 Rest of Latin America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Scenario
10.2.1 Partnerships, Agreements, and Collaborations
10.2.2 New Product Launches/Product Enhancements
10.2.3 Mergers and Acquisitions
10.2.4 Business Expansions

11 Company Profiles
11.1 IBM
11.2 Cisco
11.3 Symantec
11.4 Fireeye
11.5 Mcafee
11.6 Palo Alto Networks
11.7 Securonix
11.8 Logrhythm
11.9 Rapid7
11.10 Qualys
11.11 Alienvault
11.12 Trustwave
11.13 Cybersponse
11.14 Firemon
11.15 RSA Security
11.16 Demisto
11.17 Threatconnect
11.18 Centrify
11.19 Oracle
11.20 Swimlane
11.21 Aricent
11.22 Phantom
11.23 Skybox Security
11.24 Corvil
11.25 Siemplify

For more information about this report visit https://www.researchandmarkets.com/research/47rr8p/global_proactive?w=5

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Research and Markets
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