Cybersecurity Market Strategies, Competitive Analysis, and
Future Developments for the Next 5 Years

Cybersecurity Market research
report by Delvens focuses on primary sections such as – market segments, market
outlook, competitive landscape, and company profiles. The segments provide
details in terms of various perspectives such as end-use industry, product or
service type, and any other relevant segmentation as per the market’s current
scenario which includes various aspects to perform further marketing activity. The
global cyber security market size was valued at USD 167.13 billion in 2020 and
is expected to register a CAGR of 10.9% to 2030.

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Cybersecurity solutions help organizations monitor, detect,
report, and counter cyber threats to maintain data confidentiality. The
adoption of cybersecurity solutions is expected to grow with the increasing
internet penetration among developing and developed countries. The need for
security solutions has been marked highly by the private financial and banking
services sectors and the healthcare and aerospace defence sectors.

Rapidly increasing cybersecurity incidents and regulations
requiring their reporting and The adoption of M2M/IoT connections demands
strengthened cybersecurity in enterprises are some of the factors that have
supported long-term expansion for Cybersecurity Market.

Recent Developments

·       
IBM Security announced new and upcoming
capabilities for Cloud Pak for Security, that includes a data security solution
that enables companies to detect, respond, and protect from threats to their
most sensitive data across hybrid cloud environments.

·       
Oracle and Microsoft expanded their cloud
collaboration with a new cloud interconnect location in Amsterdam, Netherlands.
The new interconnect location would enable these businesses to share data
across applications running in Microsoft Azure and Oracle Cloud.

Regional Analysis

Asia-Pacific is expected to have the highest market growth
for cybersecurity solutions over the forecast period. The strong presence of
several market incumbents, coupled with recent security threats in the region,
is expected to accelerate these solutions further.

Key Players of Cybersecurity Market

·       
Broadcom (Symantec CorporationCorp.)

·       
Check Point Software Technology Ltd.

·       
Cisco Systems, Inc.

·       
IBM; McAfee, LLC

·       
Palo Alto Networks, Inc.

·       
Trend Micro, Incorporated Inc. and More

Cybersecurity Market
is segmented into product type, deployment, end user and region.

On the basis of
Product Type

·       
Security and Vulnerability Management

·       
DDoS Mitigation

·       
Next Generation Firewall

·       
IDS/IPS

·       
Security Information and Event Management

On the basis of
Deployment 

·       
On cloud

·       
On-premise

On the basis of
Region

·       
Asia Pacific

·       
North America

·       
Europe

·       
South America

·       
Middle East & Africa

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In addition to the
market data for Cybersecurity Market, Delvens offers client-centric report and
customized according to the company’s specific demand and requirement.

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