Global Cyber Security Market Spend Expected to Reach US$165 Billion by 2023
Dallas, Texas (PRWEB) June 14, 2013
Global cyber security market is expected to witness a robust growth over the period of 2013-2023. On a regional level, North America is expected to lead the global cybersecurity market with demand for cybersecurity systems in the US to support market growth. European cyber security market is forecast to account for the second highest spending with the Asia-Pacific region expected to grow at a CAGR of 9% for this industry, while markets in the Middle East are also set to register a robust growth. Within the Latin American region, Brazil is expected to be the highest spender on cyber security.
The new research report “The Global Cybersecurity Market 2013-2023” (http://www.reportsnreports.com/reports/253542-the-global-cybersecurity-market-2013-2023.html) says network security to account for the largest share of the market during the forecast period and is expected to register a CAGR of 4.3% to 2023. Data security market too is set to experience robust growth with identity and access segment to account for 23% of the global size while cloud security market to grow at a CAGR of 8.4% to 2023. The technological developments discussed in this report cover: Network based IP sensor to enable detection of cyber attacks, Machine Learning technology to be the new platform for future cyber security measures, FlowID10G to enable constant internet traffic monitoring and focus on Japan developing defensive cyber weapon. The global cybersecurity market trends covered in this research are: Development of offensive cyber weapons on the rise, Middle East emerging as one of the major markets and Increased threat of cyber attacks against military radars and communication systems resulting in an increase in governmental spending on cyber security.
Companies profiled in this report on cyber security industry are: Lockheed Martin Corporation, Panda Security, Booz Allen Hamilton, CACI, NetCentrics, Check Point Software Technologies, General Dynamics, Mantech International Corporation, BAE Systems Detica, Dynamic Research Corporation, Cassidian, Raytheon, Thales, Usmax Corporation, CRGT, Digital Management Inc, KEYW, Camber Corporation, Defense Group Inc. and Northrop Grumman Corporation. Order / buy a copy of this report @ http://www.reportsnreports.com/Purchase.aspx?name=253542.
With 61 data tables and 109 Figures spread across 209 pages, “The Global Cybersecurity Market 2013-2023” report’s details with comprehensive table of contents are accessible @ http://www.reportsnreports.com/reports/253542-the-global-cybersecurity-market-2013-2023.html.
Another report “Cyber-Security Market - Global Forecast & Trends (2012 – 2017) by Advanced Technologies, Geographical Analysis & Competitive Landscape” focuses on a wide array of technology & solutions specifically used for different applications in the cyber security scenario, depending on their features and performance. Scope of the report (http://www.reportsnreports.com/reports/172379-cyber-security-market-global-forecast-trends-2012-2017-by-advanced-technologies-geographical-analysis-competitive-landscape.html) covers:
On the basis of Security Type
The market by security types are classified on the basis of network, end-point, application, content, and wireless.
On the basis of Service type
The market by service type is classified on the basis of three segments; namely, security operations, managed security services, and consulting services.
On the basis of Technology & Solutions
The market by technology & solutions is classified on the basis of 11 segments; Identity & Access Management, Risk & Compliance Management, Data Encryption, DLPS, Data Recovery Solutions, UTM, Anti-Virus, IPS/IDS, Web Filtering, Firewall, and Vulnerability management.
On the basis of Geography
The report segments the market geographically into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and APAC (Asia-Pacific).
Each section provides market data, market drivers, trends and opportunities, key players, and competitive outlook. This report provides more than 100 market tables covering all sub-segments and micro-markets. In addition, the report provides more than 24 company profiles representing various sub-segments.
Companies profiled in this report include: AVG Technologies, BAE Systems, Bitdefender LLC, CA Technologies, Check Point Software Technologies, CISCO Systems Inc, European Aeronautic Defense & Space Co. (EADS), Fortinet, Inc., F-Secure Corporation, Guidance Software, IBM Corporation, Juniper Networks Inc., Kaspersky Lab, McAfee Inc., Microsoft Corporation, Panda Security SL, Raytheon, Symantec Corporation, Sophos PLC, Sourcefire, Inc., Utimaco Safeware AG, Sonic Wall, Inc., Trend Micro and WebSense, Inc. Order / Buy a copy of this report @ http://www.reportsnreports.com/Purchase.aspx?name=172379.
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