Security Industry Today

Rising Demand of Digitalization To Create New Opportunities In Cyber Security Market

WiseGuyReports announced addition of new report, titled “Global Cyber Security Market 2016-2020”.
Published 26 June 2018

The 21st century is full of "Technology world" and "Digitalization". Everything is so easy n comfort due to technology, with no time you can get what information you want, you can transfer money any part of the world within seconds, handle your bank account, any personal information you can access anywhere anytime. But with all comfort, there are some major problems such data safety, data stolen, damage, misuse. Few major players step ahead for the data protection or stolen with new technology "Cyber Security".

"Cyber Security" is network design combine using technologies, processes, programming method which work against data damage, hacking, cyber-crime. The technology protects your systems, laptops from getting hack by an unauthorized person. These technologies are used against "Cyber Threat" "virus", they are used in various sector such as Banking, Healthcare, Military, government agencies.  Cyber Security is steps taken to keep electronic information confidential and safe from hack or theft. This system also used for devices and data are not misused. This security can be for software and hardware both.

As per report analysts forecast, the global cyber security market to grow at a CAGR of 12.13% during the period 2016-2020.
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This report estimates the current situation and the growth of the global cyber security market. To measure the size of the market, the report considers the revenue received from the sale of Cyber ​​Security Solutions. Reports based on in-depth market analysis have been prepared with information gathered from industry experts. This report covers the market landscape and its growth prospects in the coming years. This includes discussion of major marketers in this market. The report provides market forecasts for the period of 2016-2020. The report also discuss market challenges, opportunities, trend and growth factors.

The lead players for Cyber Security market cover in report are Booz Allen Hamilton, Lockheed Martin, McAfee, Symantec, Trend Micro, Boeing, Brocade Communication, Check Point Software Technologies, Cisco, CSC, EMC, F-Secure and regions are North America, Europe, APAC, Latin America, and MEA.

Finally, “Cyber ​​security” are meant to enable the organization to monitor data privacy, monitor cyber intimation, monitor, detection, reporting and counter-notification. With emerging Internet growth in emerging countries, cyber security measures are expected. Also, these IT systems can exploit cyber-attacks due to the use of wireless networks for mobile devices like smartphones, tablets and laptops.

Further, due to the rise of cloud-based services and IOT, IT systems become more vulnerable to cyber-attack.

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