Global Outlook for the Counter Cyber Terrorism Market to 2027 - Firewall Sector Forecast to Record a 3.7% CAGR and Reach US$17.3 Billion by 2027

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Aug 04, 2020, 17:15 ET

DUBLIN, Aug. 4, 2020 /PRNewswire/ -- The "Counter Cyber Terrorism - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Counter Cyber Terrorism estimated at US$30 Billion in the year 2020, is projected to reach a revised size of US$37.9 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027. Firewall, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$17.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Web Mining and Intelligence segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The Counter Cyber Terrorism market in the U.S. is estimated at US$8.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2027 trailing a CAGR of 3.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

In the global CT-SNAIR segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.5 Billion in the year 2020 will reach a projected size of US$3.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2027.

This report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

Boeing Company, The
Booz Allen Hamilton
Cisco Systems, Inc.
Computer Science Corporation
Dell EMC
General Dynamics Corporation
Hewlett-Packard Development Company LP
IBM Corporation
Intel Corporation
Kaspersky Lab
L-3 Communications Holdings, Inc.
Leidos Holdings, Inc.
Leonardo SpA
Lockheed Martin Corporation
Nexusguard Limited.
Northrop Grumman Corporation
Palo Alto Networks, Inc.
Raytheon Company
SAP SE
Symantec Corporation
Thales Group
Trend Micro, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Adoption Rises with Increasing Penetration of Internet
US Leads the Market
Cyber Terrorism Incidents on an Incline
Data Breaches on the Rise
Threat to Capital Markets
Major Cyber Incidents
India to Strengthen Cyber Warfare Capabilities
Emerging Threat of Cyberterrorism in Australia
PRODUCT OVERVIEW
Cyberterrorism Defined
Types of Cyber-terror Capability
Controversies Surrounding Cyberterrorism
Concerns
Various Motivations of Cyber Threat Actors
Cyberterrorism and Security Measures
Stages of Defense
Prevention
Incident Management
Consequence Management
Global Competitor Market Shares
Counter Cyber Terrorism Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Technology at the Forefront in Modern Cyberterrorism
Problems and Obstacles Associated while Addressing Cybersecurity
Cyber Smart Policies and Solutions
Cybersecurity Legislation in the US
Challenges of Cyber Security
Multi-Jurisdictional Crime to be Tackled Globally
The United Nations
Interpol
Council of Europe Convention on Cyber Crime
Council of EUROPE
International Multilateral Partnership against Cyber Terrorism (IMPACT)
Association of Southeast Asian Nations (ASEAN)
Asia-Pacic Economic Cooperation (APEC)

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/sc4ipk

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