Cyber Security as a Service Market - Growing Consumption to Proliferate Growth at 12.5% CAGR Till 2025, Reports TMR

News provided by

Jul 17, 2019, 06:30 ET

ALBANY, New York, July 17, 2019 /PRNewswire/ -- The global cyber security as a service market is expected to expand at an astounding CAGR of 12.5% over the forecast period 2017 to 2025. According to the report, the global cyber security as a service market is expected to reach US$87.59 bn in revenue by 2025.

Cyber security is a need of the hour due to rapid digitalization across the globe aiding the growth of global cyber security as a service market.

The cyber security service providers are spread across the global market to carve their ways and position themselves in the competitive global cyber security as a service market.

Planning to lay down future strategy? Perfect your plan with our report brochure at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40166

Some of the major players that operate in the global cyber security as a service market include, Transputec Ltd, Choice CyberSecurity, Cloudlock (Cisco), Capgemini, Armor Defense Inc., LookingGlass Cyber Solutions, and Tata Consultancy Services Limited.

During the forecast period many small and medium vendors are expected to enter the cyber security services market due to ever growing threat of cyber-attacks in business enterprises.

On the basis of segmentation, the global cyber security as a service market is divided into endpoint, enterprise, cloud, application, network security. Of these, network security is projected to witness a higher growth over the forecast period. The growth can be attributed to growing demand for cloud based cyber security solutions.

Compliance Violation of Data Promotes Cyber Security as a Service Market

In the world of swift digital transformation where the information is readily available at finger tips, there is a high risk involved in data privacy getting compromised from any nook and corner of the world. Therefore, there is an immediate need to prevent our privacy getting breached by data intruders or hackers. The rising demand for end to end solution to protect the enormous data pushes the staggering growth in the global cyber security as a service market in future.

Get Discount on this Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=40166

Several companies are integrating artificial intelligence and machine learning to brace against rising cyber threats. Many businesses are already leveraging the benefits of artificial intelligence in cyber security. Cyber security services help in collecting data that may be identified as a potential threat and offer solution to overcome potential breach issues and vulnerability. AI ensures improvement in efficiency and accuracy, resulting in the grand growth of the global cyber security as a service market during the forecast period.

Further, the 24/7 surveillance to detect threats and any compliance violations, counter attacking the hacks right on time to ensure that the businesses do not get hampered is expected to drive the expansion of the global cyber security as a service market.

Want to know the obstructions to your company's growth in future? Request a PDF sample

Lack of better infrastructure such as complexity of devices and ever changing business regulations and standards may hinder the growth of the global cyber security as a service market. Nevertheless, the rising potential threats for military and governments across the globe are projected to boost the global cyber security as a service market in future.

Asia Pacific Emerging as a Lucrative Region

Asia Pacific is expected to witness an impressive growth in the global cyber security as a service market in the upcoming years. The growth can be attributed to increasing government initiatives to protect the data vulnerability and rising number of startups introducing cyber security solutions.

Europe is also expected to contribute to growth in the global cyber security as a service market. So far, it is North America that is dominating the cyber security service market due to the presence of advanced technology in terms of digitalization and better connected devices. The developed regions such as US and Canada are expected to fuel the growth in North America.

This review is based on the findings of a TMR report titled, "Cyber security as a Service Market (Enterprise Size - Small and Medium Enterprise and Large Enterprise; Service Type - Threat Intelligence & Behavior Analysis, Auditing & Logging, and Monitoring & altering; Security Type - Enterprise Security, Endpoint Security, Cloud Security, Network Security, and Application Security, Platform - Managed and Professional; End-Use - IT and Telecom, Retail, BFSI, Healthcare, Defense/Government, Automotive, Education, and Oil and Gas)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025."

Request a Custom Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=40166

The global cyber security as a service market is segmented into:

Enterprise Size

Small and Medium Enterprise
Large Enterprise

Service

Threat Intelligence & Behavior Analysis
Auditing & Logging
Monitoring & altering

Security

Enterprise Security
Endpoint Security
Cloud Security
Network Security
Application Security

Platform

Managed
Professional

End-Use

IT and Telecom
Retail
BFSI
Healthcare
Defense/Government
Automotive
Education
Oil and Gas

Browse More IT & Telecom Market Research Reports

Popular Research Reports by TMR:

Enhanced Vision System Market - https://www.transparencymarketresearch.com/enhanced-vision-system-market.html
Passenger Service System (PSS) Market - https://www.transparencymarketresearch.com/passenger-service-system-market.html
IoT Platform Market - https://www.transparencymarketresearch.com/iot-platform-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com
Research Blog: https://newsregal.com/