Cybersecurity: Technologies and Global Markets
New York, April 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Cyber Security: Technologies and Global Markets” – https://www.reportlinker.com/p04316851/?utm_source=GNW
The applications for the market are segmented into BFSI, Defense & Intelligence, Healthcare, Retail, IT & Telecommunications, Government and Others, which includes education and manufacturing sectors. Today’s cybersecurity market presents an opportunity for stakeholders largely due to the rise of cloud-based services and increased use of the Internet for online financial transactions.
This report highlights different solutions in the cybersecurity market including Identity and Access Management (IAM), Encryption, Data Loss Prevention (DLP), Firewalls, Antivirus & Antimalware, disaster recovery, risk and compliance management, and other solutions. Solutions include Unified Threat Management (UTM), Distributed Denial of Service Mitigation, and Web Filtering.
In addition, the report offers major regional analysis of North America, Europe, Asia-Pacific, Middle East and Africa. The estimated and forecast market revenue considered in this report is the sum of software, hardware, and subscription services prices.
This report also offers insights into the market drivers, restraints, and opportunities, which have been gathered through primary and secondary research. The strategies adopted by companies in the cybersecurity market are provided so that the readers can analyze the ongoing trends in the market.
The report provides market share analyzes and key vendor profiles for leading cybersecurity companies.
COVID-19 has had a massive impact on society since the start of 2020. This report examines the impact of COVID-19 and the economic downturn it has created.
With people relying more on technology, cyberattacks have increased. The demand for cyber security solutions is expected to increase and drive the cyber security market.
The report includes:
– 79 data tables and 87 additional tables
– An up-to-date review and analysis of global cybersecurity technology markets
– Global market trend analyses, with data from 2020 to 2021, estimates for 2022 and 2024, and compound annual growth rate (CAGR) projections to 2026
– Highlights of the upcoming market potential for Cyber Security industry and areas of interest to forecast this market in various segments and sub-segments
– Assessing and forecasting the global cybersecurity market size, projected growth trends, and corresponding market share analysis by type, solution, deployment mode, organization size, user industry final and region
– Discussion of key market dynamics (DRO) in the cybersecurity industry, technology updates, value chain analysis, and implications of COVID-19 on the progress of this market
– Overview of recent industry structure, current competitive scenario, key growth strategies and company value share analysis based on their segment revenue
– Descriptive company profiles of major global players including Accenture PLC, Dell Technologies Inc., IBM Corp., Microsoft Corp. and Thales Group
The internet has become an essential part of everyday life in today’s modern society due to its ease of information sharing, accessibility, messaging, and applications, among others. The growing number and variety of connected devices, as well as digital services, continue to create security challenges for both businesses and individuals.
Combined with the growing complexity of IT systems, tightening regulations and the growing importance of geopolitics, these trends are driving the demand for security products and services. However, the convenience offered by the Internet, as well as Intranet, also increases the risks of cyberattacks if users do not implement cybersecurity solutions.
Cybersecurity challenges are increasing with the expansion of the internet and, in turn, the world of hacking is also growing faster.
Cybersecurity is a concern for individuals, small businesses and large organizations as cyber threats and attacks are on the rise. Attackers are now using more sophisticated techniques to target systems.
Thus, all types of organizations, whether IT or non-IT businesses, understand the importance of cybersecurity and focus on adopting all possible measures to deal with cyber threats. The data.
These security challenges are sure to be exacerbated as the Internet becomes increasingly convenient for a variety of everyday applications, including banking, online bill payments, online shopping, online entertainment, messaging and media sharing, among others. According to IBM’s Cost of a Data Breach Report 2021, data breach costs increased by 10% on average, year-over-year, from
REDACTED in 2020 to REDACTED in 2021. Additionally, remote working and digital transformation due to the COVID-19 pandemic have increased the average total cost of a data breach in REDACTED.
Advances in various technologies such as cloud computing, wireless, BYOD (bring your own device), telemedicine, Internet of Things (IoT), artificial intelligence (AI) and others have created a new avenue for dangerous cyberattacks and other Internet-based threats. This has increased the need for end-user organizations and technology service providers to implement robust security measures. With the rise of cybercrime, systematic crime and the risk of data loss and hacking, cybersecurity has become a necessity for businesses. Cybersecurity is the process of protecting Internet-connected systems, including hardware, software, and data from cyberattacks. Security, which is designed to maintain the confidentiality, integrity, and availability of data, is a subset of cybersecurity.
Cyberattacks can be extremely costly for businesses to sustain. In addition to the financial damage to the business, a data breach can also inflict incalculable reputational damage.
According to Cybercrime Magazine, cybercrime will cost the world REMOVED every year by 2025. In addition, the global costs of cybercrime are expected to increase by nearly REMOVED every year for the next four years.
Concepts such as the pandemic, cryptocurrency, and the rise of remote working come together to create a target-rich environment for criminals to take advantage of. Regulations such as the General Data Protection Regulation (GDPR) require organizations to take better care of personal data held by an individual.
Read the full report: https://www.reportlinker.com/p04316851/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.