In today's hyper-connected business environment, information security has become a crucial necessity for organizations. This inlcudes protection of an organization's network, data, platforms, applications, and endpoints from cyber- ....see more
The perimeter intrusion detection systems market is projected to grow from USD 10.73 Billion in 2018 to USD 21.75 Billion by 2023, at a CAGR of 15.2% during the forecast period. Increasing installations of video surveillance for security systems and rising demand for remote access through the cloud and wireless technology in security systems are key factors contributing to the growth of the perimeter intrusion detection systems market. Government regulations to improve perimeter security and curb infiltration as well as terrorist activities are providing lucrative growth opportunities to vendors of perimeter intrusion detection systems. Key players operating in the perimeter intrusion detection systems are Honeywell (US), FLIR Systems (US), Johnson Controls (US), Anixter (US), Axis Communications (Sweden), Schneider Electric (France), Senstar Corporation (Canada), RBtec Perimeter Security Systems (US), Southwest Microwave (US), Advanced Perimeter Systems (UK), Fiber SenSys (US), CIAS Elettronica (Italy), UTC Climate, Controls & Security (US), Future Fibre Technologies (Australia), SORHEA (France), DeTekion Security Systems (US), Jacksons Fencing (UK), and Harper Chalice Group (UK).
The global passive authentication market is expected to grow from USD 492.8 Million in 2018 to USD 1,535.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period. The growing demand among enterprises to deliver an enhanced user experience and the increasing need for the frictionless authentication among organizations are expected to drive the passive authentication market across all regions. The major vendors in the passive authentication market include Aware (US), BehavioSec (US), BioCatch (Israel), Cisco (US), Early Warning (US), Equifax (US), Experian (Ireland), FacePhi (Spain), FICO (US), Gemalto (Netherlands), IDology (US), IBM (US), Jumio(US), LexisNexis (US), NEC (Japan), Nuance Communications (US), NuData Security (Canada), Pindrop (US), RSA Security (US), SecuredTouch (Israel), Trust Stamp (US), TypingDNA (Romania), VASCO (US), Veridium (US), and Verint (US).
The cognitive security market is expected to grow from USD 3.62 Billion in 2018 to USD 17.09 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 36.4% during the forecast period. The major driving factors for the cognitive security market growth are the increasing number of security breaches and cyber-attacks, and the rising adoption of the Internet of Things (IoT) and Bring Your Own Device (BYOD) trends across verticals. The major vendors in the global cognitive security market are IBM (US), Cisco (US), CA Technologies (US), Symantec (US), Check Point Software (US), DXC Technology (US), AWS (US), Expert System (Italy), Fortinet (US), Trend Micro (Japan), Google (US), Acalvio (US), Securonix (US), Sift Science (US), Feedzai (US), SparkCognition (US), Cybraics (US), Demisto (US), XTN (Italy), LogRhythm (US), ThreatMetrix (US), High-Tech Bridge (Switzerland), Deep Instinct (Israel), Darktrace (UK and US), Cylance (US), and McAfee (US).
The botnet detection market is expected to grow from USD 203.2 Million in 2018 to USD 1,191.1 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 42.4% during the forecast period. The major drivers of the botnet detection market include an increasing need for security against bad bot traffic, growing number of smartphone users, and increasing adoption of APTs. The major botnet detection vendors include Akamai Technologies (US), Imperva (US), Distil Networks (US), PerimeterX (US), ShieldSquare (India), Unfraud (US), Instart Logic (US), Pixalate (US), AppsFlyer (US), Intechnica (UK), Zenedge (US), Reblaze (Israel), White Ops(US), Shape Security (US), Integral Ad Science (US), InfiSecure (India), DataDome (France), CriticalBlue (UK), Digital Hands (US), Variti (Switzerland), Stealth Security (US), Unbotify (Israel), Kasada (Australia), Mfilterit (India), and White Diagnostic (US).
The web filtering market size is expected to grow from USD 2.50 Billion in 2017 to USD 5.40 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The base year for the study is 2017 and the forecast period is 2018–2023. The objective of the study is to define, describe, and forecast the web filtering market on the basis of components, filtering types, deployment modes, organization size, verticals, and regions. It also analyzes recent developments, such as partnerships, strategic alliances, mergers and acquisitions, business expansions, new product developments, and research and development (R&D) in the global web filtering market. Major vendors in the web filtering market include Cisco (US), Symantec (US), McAfee (US), Palo Alto Networks (US), Fortinet (US), Trend Micro (US), Forcepoint (US), Sophos (UK), Barracuda Networks (US), Zscaler (US), Trustwave (US), iboss (US), Webroot (US), Interoute (UK), TitanHQ (Ireland), Virtela (US), Netskope (US), CensorNet (UK), Clearswift (UK), Wavecrest (US), Cyren (US), GFI Software (Malta), Untangle (US), ContentKeeper (Australia), and Kaspersky (Russia).
The cloud workload protection market report is broadly segmented into solutions, services, deployment models, organizational size, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overview, products and services, key strategies, new product launches, partnerships, business expansions, and the competitive landscape associated with the cloud workload protection market. The cloud workload protection market size is expected to grow from USD 2.25 Billion in 2018 to USD 6.70 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.4% during the forecast period. The major vendors providing cloud workload protection solutions and services are Bracket (US), CloudPassage (US), Dome9 (US), Evident (US), GuardiCore (Israel), HyTrust (US), LogRhythm (US), McAfee (US), Sophos (UK), Symantec (US), Trend Micro (Japan), and Tripwire (US).
The unified monitoring market is expected to grow from USD 3.32 Billion in 2018 to USD 11.10 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 27.3% during the forecast period. The demand for unified monitoring is expected to be driven by many factors, such as lower costs, flexibility, agility, and security. Unified monitoring combines the know-hows of research and innovation, with the complete lifecycle of monitoring solutions, to offer accelerated Time-to-Market (TTM), and enhanced operational processes. The major vendors providing unified monitoring solutions and services include Dynatrace (US), CA Technologies (US), AppDynamics (US), Zenoss (US), Zoho Corporation (US), Opsview (UK), GroundWork Open Source (US), and Fata Informatica (Italy), Acronis (Europe), and Paessler (Europe).
MarketsandMarkets forecasts the information rights management market to grow from USD 913.5 Million in 2018 to USD 1,885.5 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. The major factors driving the information rights management market growth are the increasing concerns about information loss and theft, the upward trends of Bring Your Own Device (BYOD) and enterprise mobility, and stringent regulations and compliance. The key players in the information rights management market include include Adobe (US), Microsoft (US), Oracle (US), Seclore (US), Vaultize (US), NextLabs (US), OpenText (Canada), Vitrium (Canada), Citrix (US), Copyright Clearance Center (US), Intralinks (US), Locklizard (UK), Sealpath (Spain), TransPerfect (US), Vera Security (US), Covertix (Israel), FinalCode (US), Fasoo (US), FileOpen (US), GigaTrust (US), InfoSaaS (England), Network Intelligence (India), Skyhigh (US), Traxion (Netherlands), and Trunomi (US).
The user activity monitoring (UAM) market size is expected to grow from USD 925.8 Million in 2017 to USD 3,335.7 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period. The base year for the study is 2017 and the forecast period is 2018–2023. The objective of the study is to define, describe, and forecast the UAM market on the basis of component, technology types, installation types, application area, deployment modes, organization sizes, verticals, and regions. It also analyzes recent developments, such as partnerships, strategic alliances, mergers and acquisitions, business expansions, new product developments, and research and development (R&D) in the global UAM market. Major vendors in the UAM market include Micro Focus (UK), Splunk (US), Forcepoint (US), Imperva (US), ManageEngine (US), CyberArk (US), Rapid7 (US), Centrify (US), SolarWinds (US), Securonix(US), NetWrix (US), Digital Guardian (US), Birch Grove Software (US), LogRhythm (US), Sumo Logic (US), Balabit (Hungary), ObserveIT (US), Dtex Systems (US), WALLIX (France), Teramind (US), Veriato (US), SysKit (Croatia), Ekran System (US), NetFort (Ireland), and TSFactory (US).
The unified endpoint management market is estimated to be USD 1.40 Billion in 2017 and is projected to reach USD 7.06 Billion by 2022, at a CAGR of 38.2% during the forecast period. The need for a single UEM solution that can manage traditional and non-traditional endpoints is one of the most significant factors projected to drive the growth of the unified endpoint management market. The expansion of mobile workforces, proliferation of mobile apps, increased security threats, and the need to adhere to strict regulatory compliances regarding data security are additional factors contributing to the growth of the unified endpoint management market. The inclusion of next-generation devices such as IoT devices and smart wearables in enterprises is expected to offer lucrative growth opportunities to UEM vendors in the near future. Major companies operating in the unified endpoint management market include VMware (US), Microsoft (US), IBM (US), MobileIron (US), BlackBerry (Canada), Citrix Systems (US), Ivanti (US), Sophos (UK), SOTI (Canada), Jamf (US), Symantec (US), CA Technologies (US), Cisco Systems (US), and Zoho (US).
MarketsandMarkets expects the global public safety analytics market size to grow from USD 5.22 Billion in 2017 to USD 11.29 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.7% during the forecast period. here are several established players in this market, such as Hexagon (Sweden), IBM (US), Cisco (US), NEC (Japan), SAP (Germany), Esri (US), SAS (US), Nice Systems (Israel), Splunk (US), Verint Systems (US), Hitachi Vantara (US), Haystax (US).
The Key Management as a Service (KMaaS) market size is expected to grow from USD 0.37 Billion in 2018 to USD 1.28 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 28.4%. The demand for KMaaS is likely to be driven by various factors, such as the increasing number of cyber-attacks and the stringent government regulations and compliances. The major vendors providing KMaaS solution and services are CipherCloud (US), Gemalto (Netherlands), Google (US), IBM (US), Thales e-Security (France), Box (US), Egnyte (US), KeyNexus (Canada), Sepior (Denmark), and Unbound Tech (US).
The data protection market is expected to grow from USD 57.22 Billion in 2017 to USD 119.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.0%. The major drivers of the data protection market include growth of enormous amount of data and the need for data security and privacy concerns, regulations to increase the adoption of data protection solutions, and rising concerns of critical data loss in the on-premises environment. The major data protection vendors include IBM (US), Symantec (US), CA Technologies (US), Oracle (US), McAfee (US), Hewlett Packard (US), NetApp (US), Quest Software (US), Veeam Software (US), and Acronis (Switzerland).
The software composition analysis market size is expected to grow from USD 154.0 Million in 2017 to USD 398.4 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. The demand for software composition analysis solutions and services is expected to be driven by many factors, such as increasing threats to open-source codes, stringent government regulations, and dependence of commercial and IoT-based software products on open-source codes. Major market vendors providing software composition analysis solutions and services are Synopsys (US), Sonatype (US), Veracode (US), WhiteHat Security (US), WhiteSource Software (US), Contrast Security (US), Flexera (US), nexB (US), Rogue Wave Software (US), and SourceClear (US).
The Dynamic Application Security Testing (DAST) market size is expected to grow from USD 736.0 Million in 2017 and expected to reach USD 2,398.5 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 26.7% during the forecast period. Major drivers of the DAST market include the increasing degree of business risks due to application vulnerabilities, stringent government regulations, increasing sophistication level of cyber-attacks, and growing adoption of third-party applications. The major vendors covered in the DAST market include Accenture (Republic of Ireland), IBM (US), Micro Focus (UK), Veracode (US), Synopsys (US), Pradeo (France), Rapid7 (US), Tieto (Finland), Trustwave (US), and WhiteHat Security (US).
The security assessment market was valued at USD 1.08 Billion in 2016 and projected to reach USD 4.03 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. Major vendors in the security assessment market include Kaspersky (Russia), IBM (US), FireEye (US), Optiv Security (US), Qualys (US), Trustwave (US), Veracode (US), Check Point (Israel), Absolute Software (Canada), Rapid7 (US), CynergisTek (US), and Positive Technologies (UK).
The security system integrators market is expected to grow from USD 9.76 Billion in 2017 to USD 14.72 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.6%. The major security system integrators include Cisco Systems, Inc. (US), FireEye, Inc. (US), Hewlett Packard Enterprise (HPE) Development LP (US), International Business Machines (IBM) Corporation (US), McAfee, LLC (US), Accenture BCR (Ireland), Cognizant Technology Solutions U.S. Corporation (US), Deloitte Touche Tohmatsu Limited (US), HCL Technologies Limited (India), Wipro Limited (India), CIPHER Security LLC (US), Integrity360 (Ireland), Vandis, Inc. (US), Anchor Technologies, Inc. (US), and Innovative Solutions Co (Saudi Arabia).
The global data masking market size is expected to grow from USD 384.8 Million in 2017 to USD 767.0 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 14.8%. Evolving business standards and changing regulations and explosion of business data are some of the key factor fueling the growth of the data masking market. Major vendors offering data masking solutions and service include IBM Corporation (US), Informatica (US), CA Technologies, Inc. (US), Solix Technologies, Inc. (US), Innovative Routines International, Inc. (US), Oracle Corporation (US), Deplhix (US), MENTIS (US), Micro Focus (US), Compuware Corporation (US), Ekobit d.o.o. (Croatia), and ARCAD Software (France). These players have incorporated various strategies to expand their global presence, thus increasing their market shares. The strategic partnership, merger and acquisitions, product upgrades, and expansions are some of the major strategies embraced by these players.
The Runtime Application Self-Protection (RASP) market size is expected to grow from USD 249.5 Million in 2016 to USD 1,240.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.3% during the forecast period. The base year for the study is 2016 and the forecast period is 2017 to 2022. Major vendors in the RASP market include Arxan Technologies, Inc. (US), Contrast Security, Inc. (US), Micro Focus International plc (UK), Signal Sciences Corporation (US), VASCO Data Security International, Inc. (US), Veracode, Inc. (US), IMMUN.IO Inc. (Canada), Pradeo Security Systems (France), Prevoty, Inc. (US), and Waratek Ltd. (Ireland). The market also includes various key innovators such as Promon (Norway), RunSafe Security (US), and GuardSquare NV (Belgium).
The Content Delivery Network (CDN) security market was valued at USD 1.53 Billion in 2016 and is expected to reach USD 7.63 Billion by 2022, at a CAGR of 31.6% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. The report encompasses competitive landscape, which presents the positioning of 16 key vendors of CDN security, based on their product offerings and business strategies. Some of the major vendors include the Akamai Technologies (US), Amazon Web Services (US), Arbor Networks (US), ChinaCache (China), Cloudflare (US), Distil Networks (US), Limelight Networks (US), Microsoft (US), Nexusguard (US), Radware (Israel), StackPath (US), and Verizon Digital Media Services (US).
The cloud application security market expected to grow from USD 6.78 Billion in 2017 to USD 13.67 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.1%. The major forces driving the cloud application security market are strong regulations and compliance requirements, easy integration of cloud application security solutions with organizations’ existing security infrastructure, and rise in security breaches targeting business-critical cloud applications. The major vendors in the cloud application security market include Cisco Systems (US), Fortinet (US), Microsoft (US), Oracle (US), Palo Alto Networks (US), Proofpoint (US), Symantec (US), Bitglass (US), CensorNet (UK), CipherCloud (US), Netskope (US), and Skyhigh Networks (US).
The file integrity monitoring (FIM) market size is expected to grow from USD 470.1 Million in 2016 to USD 986.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 13.86% during the forecast period (2017–2022). The base year for the study is 2016 and the forecast period is 2017 to 2022. Major vendors in the FIM market include SolarWinds (US), AlienVault (US), LogRhythm (US), Trustwave(US), ManageEngine (US), Trend Micro (Japan), New Net Technologies (US), Netwrix (US), McAfee (US), Tripwire (US), Cimcor (US), and Qualys (US).
The global user provisioning market size is expected to grow from USD 4.25 Billion in 2017 to USD 7.56 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.2%. The major forces driving the growth of the user provisioning market include the growing need for centrally managed, reliable user provisioning solutions and the increasing traction of security and risk mitigation. Moreover, the rising adoption of cloud-based Single Sign-On (SSO) and password management solutions is also a major factor driving the market growth. The major vendors in the user provisioning market include Oracle (US), Atos (France), IBM (US), Hitachi ID Systems (Canada), Dell (US), OneLogin (US), SAP (Germany), CA Technologies (US), Happiest Minds (India), EmpowerID (US), Microsoft (US), and Centrify Corporation (US).
The public safety and security points to the welfare and safeguarding of public from physical as well as cyber threats. The public safety and security solutions help avert and minimize the impact of terrorist attacks, cyber-attacks, and natural disasters on the economy. Most states around the world have public safety departments and agencies whose primary responsibility is to deploy public safety and security solutions to protect the public and limit the effects of criminal attacks and natural calamities. The citizens are usually dependent on the government and public departments for their day-to-day requirements.
MarketsandMarkets expects the messaging security market size to grow from USD 2.64 Billion in 2017 to USD 5.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8%. Major vendors in the messaging security market include McAfee LLC (US), Cisco Systems, Inc. (US), Trend Micro Incorporated (Japan), Symantec Corporation (US), Proofpoint Inc. (US), Forcepoint (US), Microsoft Corporation (US), Sophos Ltd. (UK), Barracuda Networks Inc. (US), F-Secure Corporation (Finland), Trustwave Holdings, Inc. (US), Mimecast Limited (UK), Check Point Software Technologies Ltd. (Israel), Adaptive Mobile Security Limited (Ireland), GWAVA, Inc. (Canada), GreatHorn, Inc. (US), E-lock (US), Retarus Group (Germany), Clearswift Group (UK), Google Inc. (US), Total Defense Inc. (US), Fortinet, Inc. (US), Panda Security, S.L. (Spain), and SonicWall Inc. (US).
The cloud encryption market is expected to grow from USD 529.5 Million in 2016 to USD 2,401.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.1% during the forecast period. The major vendors providing cloud encryption solutions and services are Thales e-Security (La Defense, France), Gemalto N.V. (Amsterdam, Netherlands), Sophos Group plc (Abingdon, UK), Symantec Corporation (California, US), Skyhigh Networks (California, US), Netskope Inc. (California, US), CipherCloud (California, US), HyTrust, Inc. (California, US), Trend Micro Incorporated (Tokyo, Japan), Vaultive, Inc. (Massachusetts, US), and TWD Industries AG (Unteriberg, Switzerland).
The anomaly detection market size is expected to grow from USD 2.08 Billion in 2017 to USD 4.45 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.4%. The major vendors in the anomaly detection market include Wipro Limited (India), Cisco Systems, Inc. (US), International Business Machines Corporation (US), Hewlett Packard Enterprise Company (US), Dell Technologies, Inc. (US), SAS Institue, Inc. (US), Symantec Corporation (US), Anodot (Israel), Happiest Minds (India), and Guardian Analytics (US).
The payment security market size is expected to grow from USD 11.39 Billion in 2017 to USD 24.63 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.7%. The base year considered for the study is 2016, and the market size is calculated from 2017 to 2022. The major vendors in the payment security market include Braintree (Illinois, US), CyberSource Corporation (California, US), Elavon (Georgia, US), Index (Nevada, US), Ingenico ePayments (Hoofddorp, Netherlands), Intelligent Payments (Gibraltar), GEOBRIDGE Corporation (Virginia, US), Shift4 Corporation (Nevada, US), Transaction Network Services (TNS) Inc. (Virginia, US), and TokenEx, LLC (Oklahoma, US).
The global sandboxing market size is expected to grow from USD 2.90 Billion in 2017 to USD 9.40 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.5%. The major vendors in the sandboxing market include Check Point Software Technologies Ltd. (California, US); Cisco Systems, Inc. (California, US); FireEye, Inc. (California, US); Fortinet (California, US); Juniper Networks, Inc. (California, US); Palo Alto Networks, Inc. (California, US); Sophos Ltd. (Oxfordshire, UK); Symantec Corporation (California, US); McAfee LLC (California, US); SonicWall Inc. (California, US); and Zscaler, Inc. (California, US).
The mobile encryption market is expected to grow from USD 761.4 Million in 2017 to USD 2,917.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.8%. Proliferation of smartphones and tablets across enterprises, need for stringent compliance and regulatory requirements, and increased concerns for data security and privacy issues have led to the increased demand for mobile encryption solutions.
Application security is a continuously evolving security approach. As the frequency of cybercrime is rapidly increasing, organizations are compelled to adopt advanced security solutions to protect their applications, data, network, and devices. Application layer has been a new target for attackers to penetrate into an enterprise’s IT infrastructure or bring damage to it, which acts as a major driving factor for the application security market.
Identity and Access Management (IAM) is a business security framework that manages digital identities scattered both inside and outside the enterprises. IAM solutions manage the access to information and applications across enterprises by undertaking security and risks considerations. These solutions facilitate enterprises to create, store, delete, and maintain user identities and their related access permissions, automatically. Thus, it enables individuals to access the right resources at the right time.
The privileged identity management market size is expected to grow from USD 922.0 Million in 2016 to USD 3,792.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 32.7%. The report aims at estimating the market size and future growth potential of privileged identity management across different segments, such as solutions, services, installation types, deployment modes, organization size, verticals, and regions. The base year for the study is 2015 and the market size is considered to be 2016 to 2021.
The smart grid security market size is expected to grow from USD 4.29 Billion in 2016 to USD 7.00 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period. The major growth drivers of the smart grid security market include the global development of smart grids and increased sophistication of cyber-attacks.
The deception technology market size is expected to grow from USD 1.04 Billion in 2016 to USD 2.09 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. The major growth drivers of the deception technology market include rise in Advanced Persistent Threats (APTs) and zero-day attacks, need of effective solution for early detection of attackers by enterprises, and rise in adoption of Bring Your Own Device (BYOD) & Internet of Things (IoT) trend within enterprises.
The Top 10 security technologies market is expected to grow at a significant rate during the forecast period. The growth of this market is being propelled by the increasing security breaches and cyber incidents. The scope of this report covers the top 10 security technologies market on the basis of diverse segments such as solution, services, vertical, and region.
The Endpoint Detection and Response Market size is estimated to grow from USD 749.0 million in 2016 to USD 2,285.4 Million by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 25.0%. The Endpoint Detection and Response solutions and services help to offer protection on endpoints from advanced threats such as malware, ransomware, and Advanced Persistent Threats (APTs).
The information security consulting market size is expected to grow from USD 16.12 Billion in 2016 to USD 26.15 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. The major growth drivers of the information security consulting market include the increased network complexities due to third-party applications deployment and mergers & acquisitions across globe.
The ransomware protection market size is expected to grow from USD 8.16 Billion in 2016 to USD 17.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. The base year considered for the study is 2015 and the market size is calculated from 2016 to 2021.
The security orchestration market size is expected to grow from USD 826.1 Million in 2016 to USD 1682.4 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. The major growth drivers of the security orchestration market include the rise in security breaches & incidents, rapid deployment & development of cloud based solutions, and growth in the BYOD trend affecting Small and Medium Enterprises (SMEs).
The adaptive security market size is expected to grow from USD 3.53 Billion in 2016 to USD 7.07 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period. The major growth drivers of the adaptive security market include the need to defend against advanced cyber-attacks, limitations of traditional security solutions, and need for security compliances and regulations.
The BFSI security market is estimated to grow from USD 30.23 Billion in 2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1% from 2016 to 2021. Key drivers of the BFSI security market include the implementation of regulatory security compliance, rising demand for cloud-based security solutions, and the increasing risk of cyber threats against BFSI infrastructure. This report analyzes opportunities in the BFSI security market for stakeholders. It also provides strategic profiles of the key players in the market to comprehensively analyze the core competencies and draw competitive landscape for the market.
The Personal Identity Management market size is estimated to grow from USD 7.37 billion in 2016 to USD 12.76 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 11.61%. The increasing technology trend of Bring Your Own Device (BYOD) and Choose-Your-Own Device (CYOD) within organizations has introduced many security threats associated with identity thefts. As the frequency of sophisticated attacks on critical infrastructure are growing, the PIM market is expected to gain traction in the next five years.
The airport and marine port security market size is estimated to grow from USD 53.84 Billion in 2016 to USD 110.52 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.3%. The report aims at estimating the market size and future growth potential of airport and marine port security market across different segments, such as infrastructure, technologies, services, and regions.
The data center security market is estimated to grow from USD 5.61 Billion in 2016 to USD 12.91 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 15.36% during the forecast period. Network security is gaining a significant importance among the corporates due to the increasing number of untrusted devices accessing their networks. Hence, the adoption of NAC in various industries is increasing, which is one of the major growth factors of the market.
In cyber security market, mergers and acquisitions are signed with the focus on strategic growth or capability enhancement. Cyber threats are increasing rapidly with adversaries becoming expert in breaking the barriers established via traditional security measures. This factor is boosting up the demand for advanced cyber security solutions capable of providing protection from not only single network-layer attacks but also data-layered threats and thereby protecting multiple applications.
The cyber security deal tracker offers comprehensive database coverage of various deals signed in government, Banking, Financial Services, and Insurance (BFSI), technology, and consumer industries. The report provides a thorough analysis of more than 200 deals, which have taken place in the cyber security market for two years, 2014 and 2015.
In today’s hyper-connected business environment, organizations are exploring ways to enhance functionalities to mobile devices enabling access to business critical information from anywhere, at any time. This makes mobile platform an increasingly attractive security target.
The database encryption market is expected to grow from USD 261.8 Million in 2015 to USD 968.3 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 29.9%. In 1961, a computer based login and password was developed to allow more users to work on a single machine. This increased the risk of data leakage due to which, in 1979, the Data Encryption Standard was launched. In 1996, another standard was launched called the Advanced Encryption Standard (AES), to reduce the risk of security breach. Moreover, in 2012, personal data lockers were launched so that organizations can secure their financial and personal information.
The global emergency beacon transmitter market is expected to grow from USD 133.3 Million in 2015 to USD 175.4 Million by 2020, at a CAGR of 5.6% from 2015 to 2020. Emergency beacon transmitters are tracking devices that assist in the detection and location of boats, aircraft, and people in distress. When the transmitter is activated, the beacon emits a distress signal, and simultaneously the location of such signals is detected by non-geostationary satellites. This information acquired is passed on to the search & rescue authorities to locate survivors.