Global Enterprise Cyber Security market to grow at a CAGR of 11.84% During 2015
Global Enterprise Cyber Security Market 2015-2019
Cyber threats are attempts to disrupt or damage IT systems, through the internet, and access critical information using spyware, malware, and phishing. Cyber security solutions help enterprises monitor, detect, report, and counter cyber threats to maintain the confidentiality of IT systems. Increased internet penetration and increased usage of mobile devices and applications have given rise to sophisticated cyber-attacks on IT business infrastructure, and this is becoming a major cause for concern for enterprises of all sizes. Therefore, enterprises are adopting cyber security solutions to ensure security of critical information stored in computer systems or digital memory devices.
There is a necessity for organizations to securely manage and track the activities of users to minimize the risk of breaches and ensure accountability. With the popularity of social media, cloud computing, and mobile devices it has become easy for attackers to steal information from users. Some vendors have started delivering cyber security solutions for cloud, mobile, and social applications.
“Enterprises opt for cloud-based security solutions that are cost-effective and compatible with Payment Card Industry Data Security Standard regulations and offer round-the-clock monitoring of systems,”.
“Enterprises find it difficult to manage stand-alone or integrated network components because of issues such as budget constraints and the lack of resources and expertise.”
Covered in this Report
The report covers present scenario and growth prospects of the Global Enterprise Cyber Security market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of enterprise cyber security software, appliances, hybrid solutions, and cloud services. The report mainly considers the revenue generated from the sales of enterprise cyber security deployment in the SMEs, large enterprises, and government organizations.
The report, Global Enterprise Cyber Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market
Key Market Drivers
Increased use of mobile devices
Need for advanced data security solutions
Rise in network security threats
Key Market Trends
Increased adoption of cloud-based cyber security solutions
Convergence of technologies
Increase in DDoS attacks
Increased market consolidation
Key Market Vendors
Cisco Systems Inc.
To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.