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MarketsandMarkets forecasts the cybersecurity market size to grow from USD 152.71 billion in 2018 to USD 248.26 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.2%NEW YORK, Sept. 27, 2018 /PRNewswire/ -- Increasing government compliances and stringent data protection regulations are expected to drive the growth of the cybersecurity market APAC is expected to offer significant growth opportunities to vendors in the cybersecurity market, as countries in this region are investing heavily in deploying cybersecurity and compliance management solutions. APAC offers potential growth opportunities due to the rising demand for cybersecurity solutions across SMEs, and the growth in mobile and web-based applications for business-critical operations. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup of the profiles of the primary participants is as follows: • By Company: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25% • By Designation: C-level – 60%, D-Level– 25%, and Others – 15% • By Region: North America – 35%, Europe – 25%, APAC – 20%, MEA – 10%, and Latin America – 10% The key cybersecurity solution and service vendors include IBM (US), Check Point (US), Cisco (US), CyberArk (Israel), F5 Networks (US), FireEye (US), Forcepoint (US), Fortinet (US), Amazon Web Services (US), Oracle (US), Palo Alto Networks (US), Imperva (US), Qualys (US), RSA Security (US), F-Secure (Finland), McAfee (US), Micro Focus (UK), Microsoft (US), Proofpoint (US), Rapid7 (US), Sophos (UK), Splunk (US), Symantec (US), Trend Micro (Japan), and Juniper Networks (US). Research Coverage The research study segments the cybersecurity market by component, security type, deployment mode, organization size, industry vertical, and region.It includes the factors expected to drive the growth of the global cybersecurity market along with the growth opportunities in this market. It also explains the restraining factors and challenges for the growth of the cybersecurity market. Moreover, it consists of detailed company profiles of the key players offering cybersecurity solutions and services. The report would help market leaders/new entrants in the market in the following ways: 1. The report comprehensively segments the cybersecurity market and provides the closest approximations of the revenue numbers for the overall market and its segments and subsegments across regions. 2. It helps stakeholders understand the pulse of the market and provides them with information about key market drivers, restraints, challenges, and opportunities. 3. It helps stakeholders better understand their competitors and gain more insights for improving their position in their businesses. The competitive landscape section includes competitor ecosystems, new product developments, partnerships, and mergers and acquisitions. Read the full report: https://www.reportlinker.com/p05009188 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |