Global Cyber Security Market, 2015 – 2021
Global cybersecurity market will reach USD 181.77 billion by 2021, growing at a CAGR of 9.5% from 2015 to 2021.
Global cybersecurity market will reach USD 181.77 billion by 2021, growing at a CAGR of 9.5% from 2015 to 2021.
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<strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong><br />
Based on security types, the global cyber security market is segmented into network security,<br />
cloud security, wireless security and others. Among all, network security was the leading type<br />
segment of global cyber security market. It accounted more than 40% shares of the overall<br />
market in <strong>2015</strong>. On the basis of solution cyber security market is classified into identity and<br />
access management (IAM), encryption, risk and compliance management, data loss prevention,<br />
antivirus and antimalware, firewall and others. Based on vertical of cyber security, the market is<br />
segmented into categories such as aerospace, government, financial services,<br />
telecommunication, healthcare and others.<br />
North America was the largest market for cyber security in the world due to the stringency of<br />
government regulations and growing cyber threats. North America has established cyber market<br />
with wide implementation in diverse organizations. North America and Europe both are tending<br />
towards maturation phase in cyber security market owing to technological development and<br />
high awareness among population. Moreover, cyber security market has huge opportunity in the<br />
emerging markets of Asia Pacific due to increasing demand for cyber security solutions and<br />
products.<br />
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