Commercial Cyber Security Market to Post High Double-Digit CAGR, Says Infoholic Research in Its New Report Recently Added at MarketPublishers.com03 Oct 2016 • by Natalie Aster
LONDON – The cyber security has emerged as an important part of the IT infrastructure. Various companies and also individuals need security for their networks and products. Business entities need security to fulfill their corporate governance obligations, whilst individuals need it to maintain privacy. The constantly rising demand form businesses and individuals enables governments to take measures and introduce regulations to strengthen as well as upgrade cyber security deployments. Given the constantly rising number of cyber-attacks in the commercial and public sectors, companies worldwide increase investments in the development of cyber security solutions.
The largest investments in the cyber security market come from such end-use industries as healthcare, public, aerospace & defence, and BFSI. The major factor restraining the cyber security market growth is the lack of consistency in security measures.
Between 2016 and 2022, the world’s market for commercial cyber security is anticipated to see robust growth at a 22.6% CAGR. Key market growth drivers include rise in cyber-attacks especially in the healthcare and banking industry, enhancing consumers’ dependence on Internet based apps, among others.
Presently, Americas form the largest regional market for commercial cyber security.
Some of the top market players include Check Point Software Technology, Cisco System, Symantec Corp., McAfee, BAE Systems Intelligence & Security, Argus Cyber Security, Ixtel Technologies, Cato Networks, Nexusguard Limited and PhishMe.
Cutting-edge research publication “Worldwide Commercial Cyber Security Market – Drivers, Opportunities, Trends, and Forecasts, 2016–2022” prepared by Infoholic Research gives a clear view of the world’s commercial cyber security market landscape.
This report sheds light on the prevailing and emerging trends in the commercial cyber security market, investigates the competitive landscape, points out top challenges and opportunities, examines the major market growth drivers and restraints. It reviews the current situation across the key geographical markets, discusses the hottest issues. In addition, the report contains comprehensive forecasts for the commercial cyber security market through 2022.
Other reports by this publisher are offered in the Infoholic Research catalogue.