Edison , NJ -- (SBWIRE) -- 03/15/2019 -- Cyber security refers to the technique used for technology security such as protecting computer, networks attacks that are aimed for exploitation and unauthorized access. It helps in maintaining sensitive information of an organisation, especially in transferring data through networks. There are various types of cyber security threat such as ransom ware, malware, phishing and data breach. The main aim of the cyber security is to provide security against financial data, personal data and intellectual property and so on. Growing cases of data breach and vulnerabilities are making robust cyber security a need of the hour. According to AMA, the Global Cyber Security market is expected to see growth rate of 12.0% and may see market size of USD267.0 Billion by 2024.

Advance Market Analytics recently introduced Cyber Security Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2024. Cyber Security Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

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Major Key Players in This Report Include,
IBM Corporation (United States), Hewlett Packard Enterprise (United States), McAfee LLC (United States), Trend Micro Inc. (Japan), Symantec Corporation (United States), Check Point Software Technologies Ltd. (Israel), Cisco Systems Inc. (United States), Palo Alto Networks Inc. (United States), Juniper Networks Inc. (United States), Fortinet Inc. (United States), FireEye Inc. (United States), Sophos Ltd. (UK), Rapid7 Inc. (United States) and EMC RSA (United States)

Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Cyber Security market by 2024. Considering Market by Industry Vertical, the sub-segment i.e. Aerospace and Defense will boost the Cyber Security market. Considering Market by Organization, the sub-segment i.e. Small and medium enterprise will boost the Cyber Security market. Considering Market by Service, the sub-segment i.e. Professional services will boost the Cyber Security market. Considering Market by Deployment, the sub-segment i.e. Cloud will boost the Cyber Security market. Considering Market by Solution, the sub-segment i.e. Identity and Access Management (IAM) will boost the Cyber Security market.

The market study is being classified by Type, by Application and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The research methodology used to estimate and forecast the Cyber Security Market began with capturing data from the key vendors' revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

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Strategic Points Covered in Table of Content of Cyber Security Market:
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Constant Increase in Cyber Terrorism
3.2.2. Growing Advanced Digital Devices Fueled by Emergence of IoT
3.2.3. Rapid Adoption of Cloud-Based Services & Wireless Communication
3.3. Market Challenges
3.3.1. High Cost Associated with Cyber Security Tools
3.3.2. Growing Cyber Threat Owing to 5G Deployment
3.3.3. Growing Software-as-a-Service (SaaS) Deployment and Over-dependency on Cloud
3.4. Market Trends
3.4.1. Adoption of More Sophisticated Security Technologies and Operationalizing GDPR
3.4.2. Maximizing Attacks Through Theft of Bio-metric Data
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Cyber Security, by Type, Application, Industry Vertical, Organisation, Service, Deployment, Solution and Region (value) (2013-2018)

Finally, Cyber Security Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involves the industry experts from the Cyber Security Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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