Report Highlights
The global market for cyber security should grow from $113.4 billion in 2019 to $220.2 billion by 2024 with a compound annual growth rate (CAGR) of 14.2% from 2019 to 2024.
Report Includes
- 27 tables
- An overview of the global securities market in information technology (IT), encompassing cyber security, Internet of Things (IoT) security, and cloud security markets
- Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Detailed discussion of opportunities and innovation-driven securities market in IT highlights, as well as the major regions involved in such developments
- An assessment of various technologies of IT security and the market dynamics of each technology
- Identification of segments with high growth potential, as well as an understanding of future applications of given segments
- Information on key trends related to technology, industry, and regional factors that shape and influence the overall IT security industry
- Comprehensive company profiles of major global players in IT securities market, including Alphabet Inc., Cisco Systems Inc., Dell EMC, Lockheed Martin, Kaspersky Lab, McAfee etc.
Report Scope
The scope of the report includes, a general outlook of securities in IT industry. While most of the information is referenced from reports published by BCC Research during the year 2016, 2017 and 2018, market trends and estimates are updated to latest base year, i.e. 2018. This report covers only cyber security, Internet of Things (IoT) security, and cloud security. The cyber security market covers the following technologies: identity and access management (IAM), encryption, data loss protection (DLP), firewall, antivirus and antimalware, disaster recovery, risk and compliance management, and other solutions.
The IoT security market is only for the commercialized IoT security solutions. It helps readers to understand how the IoT security solutions market will evolve, as well as the trends that will impact its adoption. The report focuses on security solutions that have been developed or customized to meet the unique needs of IoT systems. Services provided for integrating such solutions or managed security services are not included in the scope of this report.
The cloud security and vulnerability technologies market encompass various technologies used in cloud security and vulnerability applications. The cloud security and vulnerability market by application is segmented by identity and access management, security information and event management (SIEM), endpoint security, web security, messaging security, network security and vulnerability assessment.
Estimated values used are based on manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation. The scope is limited to the recent studies published by BCC Research and is thus not exhaustive.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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