The report titled Global Cyber Security Market: Trends & Opportunities (2014-19) provides an insight into the market dynamics and various trends and opportunities associated with the global cyber security market. It gives a detailed analysis of the cyber security market in terms of various verticals it serves, and also focuses on the regional market sizing of North America, Western Europe and APAC. It also discusses the factors fuelling the cyber security market. The growth of the global cyber security market as well as regional market has been forecasted for the period 2014-2019, taking into account the previous growth patterns, drivers and current and future trends. The report concludes with the profiling of major players in the global cyber players like Booz Allen Hamilton (BAE), Computer Science Corporation (CSC), BAE and Boeing and Fire Eye.
- North America
- Western Europe
- Booz Allen Hamilton
- Computer Science corporation
- Fire Eye
In todays technologically driven market, a countrys cyber space forms an integral part of the global cyberspace. The increasing penetration of internet, particularly in developing countries has led to an exponential growth in the cyberspace. In addition, the rapidly growing ownership of smart phones (mobile phones & tablets) with access to internet and online retailing trend has increased the expansion of cyberspace worldwide.
The rapid growth in global cyberspace has raised pertinent questions about its security. The success of the global internet and online system is primarily attributed to its relative openness and low entry barriers. However, these very same factors are also partly responsible for the serious threats to the cyber space in the form of cyber warfare, cyber espionage, cyber terrorism and cyber crime.
Today cyber security has become a major concern for all the sectors and industries operating with the support of cyber space. Organizations are continuously looking for technologies and security system to combat cyber attacks. Cyber security industry is undergoing significant changes in many segments and attracting lucrative investments from companies in various sectors including IT, Defense, Telecom, Professional, Retail and many others. Merger and acquisitions is also a growing trend in the country and the acquisition of McAfee by Intel in 2011 worth US$7.8 billion dollar deal is significant in this industry.