About Enterprise Cyber Security
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.
TechNavio's analysts forecast the Global Enterprise Cyber Security market to grow at a CAGR of 11.84 percent over the period 2014-2019.
Covered in this Report
The report covers the 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.
TechNavio's 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
Technavio Announces the Publication of its Research Report – Global Enterprise Cyber Security Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Enterprise Cyber Security Market 2015-2019: Cisco Systems Inc., McAfee Inc., Symantec Corp., TrendMicro Inc. and Websense Inc.
Other Prominent Vendors in the market are: Barracuda Networks, Blue Coat Systems, Check Point SoftwareTechnologies, ClearSwift, FireEye, Fortinet, IBM, Juniper, Kaspersky Lab, Sophos, TripWire, Trustwave, Webroot and Zscaler.
Commenting on the report, an analyst from Technavio’s team said: “Greater demand for cloud-based security solutions is a strong trend that will continue to affect the market positively. End users, both large enterprises and SMEs, prefer these security solutions because they are cost-effective and can be easily managed.”
According to the report, the need for advanced data security solutions is a major driver of the market. Volume of data in organizations, including records, web-log files, sensor data, and social networks, is growing exponentially. Organizations in the BFSI sector in particular, require advanced data security solutions to prevent frauds and unauthorized payments, and keep track of the large volumes of data generated.
Further, the report states that the high cost of implementing cyber security solutions poses a serious challenge for the market.
Cisco Systems Inc., McAfee Inc., Symantec Corp., TrendMicro Inc. and Websense Inc., Barracuda Networks, Blue Coat Systems, Check Point SoftwareTechnologies, ClearSwift, FireEye, Fortinet, IBM, Juniper, Kaspersky Lab, Sophos, TripWire, Trustwave, Webroot and Zscaler