Cyber Security Market- Roadmap for Recovery from COVID-19 | Increase In Use Of Mobile Devices to boost the Market Growth | Technavio
Technavio has been monitoring the cyber security market and it is poised to grow by USD 138.32 bn during 2020-2024, progressing at a CAGR of almost 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Cyber Security Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AO Kaspersky Lab, Booz Allen Hamilton (News - Alert) Holding Corp., Broadcom Inc., Cisco Systems Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Lockheed Martin Corp., McAfee LLC, The Boeing Co., and Trend Micro (News - Alert) Inc. are some of the major market participants. The increase in use of mobile devices will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Cyber Security Market 2020-2024: Segmentation
Cyber Security Market is segmented as below:
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Cyber Security Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cyber security market report covers the following areas:
This study identifies the focus of vendors on R&D, technology, and branding to compete in the market as one of the prime reasons driving the cyber security market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Cyber Security Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Deployment
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