Over the past several years, organizations have expressed increasing concerns about protecting their systems from cyber attacks which commonly known as attempts by unauthorized persons to access systems, usually with the object of theft, disruption, damage, or other unlawful actions. Cyber security can be an important tool in protecting privacy and preventing unauthorized surveillance, and information sharing and intelligence gathering. The management of risk to information systems is considered fundamental to effective cyber security. Cyber security enables increasing security investment, supplement in-house resources, and target the most serious threats and risks of any sized organizations.
Global Cyber Security as a Service Market is accounted for approximately 140.68 USD billion in 2018 and is expected to reach XX USD billion by 2026 growing at a CAGR of XX% between 2019 and 2026. Rising prevalence of security breaches and data theft along with emergence of digitalization across small- and medium-sized enterprises is primarily driving the market growth. Increased adoption of scalable and customized cyber security as a service and growing stringent Data Protection Regulations for Information Security in organization is further driving the market growth.
Based on type, the Cyber Security as a Service market has been segmented into Enterprise Security, Endpoint Security, Cloud Security, Network Security, and Application Security. Furthermore, by application, the Cyber Security as a Service market has been bifurcated into IT and Telecom, Retail, BFSI, Healthcare, Defense/Government, Automotive and Others. The xx segment type is expected to value for a major market share with XX% in 2018. However, xx is anticipated to exhibit the largest market share with XX% in 2018.
Geographically, global Cyber Security as a Service market has been segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among all, Asia Pacific leads the global Cyber Security as a Service market with XX% market share in 2018. The growth of the market in this region is primarily driven by robust growth in digital technology along with early adoption of cyber security as a service platform.
The report further offers detailed competitive analysis of the top key players that are trending in the market. The list of the players that are featured in the report are AT&T, Armor Defense Inc., BlackStratus, Capgemini, Choice CyberSecurity, Transputec Ltd, Cloudlock (Cisco), BAE Systems, FireEye, Inc., Optiv Security Inc., LookingGlass Cyber Solutions, Inc., and Tata Consultancy Services Limited.
The Global Cyber Security as Service Market Segmentation:
Global Cyber Security as a Service Market: Type Analysis
• Enterprise Security
• Endpoint Security
• Cloud Security
• Network Security
• Application Security
Global Cyber Security as a Service Market: Application Analysis
• IT and Telecom
Global Cyber Security as a Service Market: Regional Analysis
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy and Rest Of Europe)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Colombia and Rest of L.A.)
• Middle East And Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)