Global Enterprise Cyber Security Market Overview:
The Enterprise cyber security is a platform where it’s deploys with IT systems that monitors, detects, reports and counter all the cyber threats that damaged the information systems. Further, increasing demand from the developing countries owing to growth in the number of devices. Along with amount of bandwidth enterprises are leveraging is forcing to increasing application in software support for strategic business activities to minimize the damage of IT resources. The strong authentication techniques in cyber security and innovations expected to drive the demand for Enterprise cyber security over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased demand in IT networking solutions. and Rise in monitor the external and in-house threats.
Market Growth Drivers:
Increase Demand of IoT and BYOD trend among organizations. and Rise in Demand of cloud based cyber security solution fuelled the market growth.
Challenges:
Adverse Impact Due To Shortage of Investments in Middle East and Africa countries.
Restraints:
High Complexity Associated with Designing Of devices. and Cyber threats disrupt the enterprise cyber security growth market.
Opportunities:
Growing Demand of strong authentication techniques is expected to offers better opportunities for cyber security market. and Upsurge Demand of enterprise cyber security in cyber terrorism, cyber warfare and cyber epionage.
Competitive Landscape:
Some of the key players profiled in the report are Venustech (China), Westone (United States), H3C (China), Huawei (China), Topsec (Rwanda), Nsfocus (China), Sangfor (China), 360 Enterprise Security (China) and Symantec Corporation (United States). Additionally, following companies can also be profiled that are part of our coverage like Asiainfo (China) and DBAPPSecurity (United States). Analyst at AMA Research see United States and Chinese Players to retain maximum share of Global Enterprise Cyber Security market by 2030. Considering Market by Deployment type , the sub-segment i.e. Cloud will boost the Enterprise Cyber Security market. Considering Market by User type, the sub-segment i.e. Large enterprises will boost the Enterprise Cyber Security market.
Latest Market Insights:
In July 2018, Palo Alto Networks completely acquired Evident.io at a price of USD 300 Millions. This acquisition is beneficial in providing public cloud services infrastructure protection, increased CISO demand and growth in cybersecurity spending.
In,October , 2023 Huawei has unveiled its latest Intelligent Cloud-Network products and solutions at GITEX GLOBAL 2023, the leading technology event in the Middle East and Central Asia (MECA). The solution offers unmatched computing power and super-connectivity for AI-driven productivity in the intelligent era.
“According to United States cyber security laws and privacy system, its denoted that cyber security regulation is to force companies and organizations to protect their systems and information from cyber-attacks such as viruses, trojan horses, phishing, denial of service (DOS) attacks, unauthorized access (stealing intellectual property or confidential information) and control system attacks. ”
What Can be Explored with the Enterprise Cyber Security Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Enterprise Cyber Security Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Enterprise Cyber Security
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Enterprise Cyber Security market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Enterprise Cyber Security market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Enterprise Cyber Security Manufacturers, Enterprise Cyber Security Traders, End-Use Market Participants of Different Segments of Enterprise Cyber Security, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.