HOME Top Market Reports Cyber Security Market by Solution (IAM, Encryption, DLP, Risk and Compliance Management, IDS/IPS, UTM, Firewall, Antivirus/Antimalware, SIEM, Disaster Recovery, DDOS Mitigation, Web Filtering, and Security Services) - Global Forecast to 2020

Cyber Security Market by Solution (IAM, Encryption, DLP, Risk and Compliance Management, IDS/IPS, UTM, Firewall, Antivirus/Antimalware, SIEM, Disaster Recovery, DDOS Mitigation, Web Filtering, and Security Services) - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: June 2015
Report Code: TC 3485

 

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With the exponential growth and sophistication of cyber-attacks in the last few years, security solutions and services are in demand to protect the huge confidential data of the government, military, public data, Banking Financial Service and Insurance (BFSI), hospitals, and other business. The report aims at estimating the market size and future growth potential of Cyber Security market across different segments such as security types, solutions, services, verticals and region. The base year considered for the study is 2014 and the market size is forecasted from 2015 to 2020. With the rise in BYOD adoption in SMBs and enterprises, the endpoint device control solution is expected to play a key role in fueling the growth of the market in the next five years.

The global Cyber Security market size is estimated to grow from $106.32 Billion in 2015 to $170.21 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8%.

The years considered for the study are:

  • Historical Year – 2013
  • Base Year – 2014
  • Estimated Year – 2015
  • Projected Year – 2020
  • Forecast Period – 2015 to 2020

For company profiles in the report, 2014 has been considered. Where information is unavailable for the base year, the prior year has been considered.

Research Methodology

This research study involves extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial aspects of fault current limiter. The below explain the research methodology.

  • The research methodology used to estimate and forecast the Cyber Security market begins with capturing data on key vendor revenues through secondary research.
  • The vendor offerings are also taken into consideration to determine the market segmentation.
  • The bottom-up procedure was employed to arrive at the overall market size of the global Cyber Security market from the revenue of the key players in the market.
  • This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

After arriving at the overall market size, the total market was split into several segments and sub-segments which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, Directors and executives.

The figure below shows the break-down of the primaries on the basis of company, designation, and region, conducted during the research study.

Cyber Security Market

The Cyber Security ecosystem comprises of security solution vendors such as Cisco, IBM, Booz Allen Hamilton, CSC, Lockheed Martin, Northrop Grumman, Symantec, Sophos, Trend Micro, and McAfee. These players along with the new start-ups in the market are expected to develop more advanced and user-friendly solutions to combat continuously evolving cyber threats.

 Stakeholders:

  • Cyber security vendors
  • Networking solution providers
  • Independent Software Vendors (ISVs)
  • Software vendors
  • System integrators
  • Value-added resellers
  • Service providers and distributors
  • Research organizations
  • IT security agencies
  • Suppliers, distributors, and contractors
  • Consulting companies
  • Cloud Business Intelligence (BI) platform vendors/cloud infrastructure providers
  • Investors and venture capitalists

Scope of the Report

The research report segments the Cyber Security market to following submarkets:

By Security Types:

  • Network security
  • Endpoint security
  • Application security
  • Content security
  • Wireless security
  • Cloud security

By Solution:

  • Identity and Access Management (IAM)
  • Risk and compliance management
  • Encryption
  • Data loss prevention
  • Unified threat management
  • Firewall
  • Antivirus and antimalware
  • IDS/IPS
  • SIEM
  • Disaster recovery
  • DDOS mitigation
  • Whitelisting
  • Others

By Service:

  • Consulting
  • Design and integration
  • Risk and threat assessment
  • Managed security services
  • Training and education

By Vertical:

  • Aerospace, defense, and intelligence
  • Government (excluding defense) and public utilities
  • Banking, Financial Services, and Insurance (BFSI)
  • Telecommunication
  • Healthcare
  • Retail
  • Manufacturing
  • Others

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which gives a detailed comparison of product portfolio of each company

Geographic Analysis

  • Further breakdown of the North America Cyber Security market
  • Further breakdown of the Europe Cyber Security market
  • Further breakdown of the APAC Cyber Security market
  • Further breakdown of the MEA Cyber Security market
  • Further breakdown of the Latin America Cyber Security market

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data Taken From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Market Forecast Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Market Opportunities 
    4.2 Global Cyber Security Market Size, By Service (2015–2020)
    4.3 Global Cyber Security Market
    4.4 Vertical Growth Matrix
    4.5 Lifecycle Analysis, By Region

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 By Security Type
           5.3.2 By Solution
           5.3.3 By Service
           5.3.4 By Vertical
           5.3.5 By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Pervasiveness of Online and Digital Data
                    5.4.1.2 Increasing Severity of Cyber Security
                    5.4.1.3 Cloud Security Opening New Growth Avenues
                    5.4.1.4 Increasing Security Need in Critical Infrastructure and Utilities
                    5.4.1.5 Tougher Government Regulations
                    5.4.1.6 Growth of Social Media
           5.4.2 Restraints
                    5.4.2.1 Lack of Security Awareness
                    5.4.2.2 Increasing Usage of Pirated Software
                    5.4.2.3 Cyber Talent Gap
           5.4.3 Opportunities
                    5.4.3.1 Growing Market for Mobile and Web Platform
                    5.4.3.2 Need of Integrated Security Solutions
                    5.4.3.3 Evolution of Next-Generation Cyber Security Solutions
                    5.4.3.4 Increase in Adoption of Cyber Security Solutions for Protecting Energy Utilities and Critical National Infrastructure, Scada Networks Or Industrial Control Systems
           5.4.4 Challenge
                    5.4.4.1 Lack of Budget and Strategic Implications

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Key Trends
           6.2.1 Increasing Trend of Byod at Workplace
           6.2.2 Big Data Analytics and Intelligence Based Cyber Solutions
           6.2.3 End Users Procurement of Cyber Security Solutions
    6.3 Value Chain Analysis
    6.4 Porter’s Five Forces Analysis
           6.4.1 Threat of New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry

7 Cyber Security Market Analysis, By Security Type (Page No. - 52)
    7.1 Introduction
    7.2 Network Security
    7.3 Endpoint Security
    7.4 Application Security
    7.5 Content Security
    7.6 Wireless Security
    7.7 Cloud Security

8 Cyber Security Market Analysis, By Solution (Page No. - 60)
    8.1 Introduction
    8.2 Identity and Access Management (IAM)
    8.3 Risk and Compliance Management
    8.4 Encryption
    8.5 Data Loss Protection (DLP)
    8.6 Unified Threat Management (UTM)
    8.7 Firewall
    8.8 Antivirus and Antimalware
    8.9 Intrusion Detection System/Intrusion Prevention System (Ids/Ips)
    8.10 Security and Vulnerability Management
    8.11 Disaster Recovery
    8.12 Distributed Denial of Service Mitigation
    8.13 Web Filtering
    8.14 Others

9 Market Analysis, By Service (Page No. - 77)
    9.1 Introduction
    9.2 Consulting
    9.3 Design and Integration
    9.4 Risk and Threat Assessment
    9.5 Managed Security Services (MSS)
    9.6 Training and Education

10 Cyber Security Market Analysis, By Vertical (Page No. - 84)
     10.1 Introduction
     10.2 Aerospace, Defense and Intelligence
     10.3 Government (Excluding Defense) and Public Utilities
     10.4 Banking, Financial Services and Insurance (BFSI)
     10.5 Telecom and IT
     10.6 Healthcare
     10.7 Retail
     10.8 Manufacturing
     10.9 Others

11 Geographic Analysis (Page No. - 99)
     11.1 Introduction
     11.2 North America (NA)
     11.3 Europe
     11.4 Asia-Pacific (APAC)
     11.5 Middle East and Africa (MEA)
     11.6 Latin America (LA)

12 Competitive Landscape (Page No. - 116)
     12.1 Overview
     12.2 Competitive Situation and Trends
             12.2.1 New Product Launches
             12.2.2 Acquisitions
             12.2.3 Partnerships and Collaborations
             12.2.4 Agreements and Expansions
             12.2.5 Venture Capital Funding
             12.2.6 Mergers and Acquisitions

13 Company Profiles (Page No. - 133)
(Overview, Products and Services, Financials, Strategy & Development)*
     13.1 Introduction
     13.2 IBM Corporation
     13.3 Cisco Systems, Inc.
     13.4 Intel Corporation
     13.5 Lockheed Martin
     13.6 Northrop Grumman
     13.7 Trend Micro
     13.8 Symantec Corporation
     13.9 Computer Sciences Corporation (CSC)
     13.10 Booz Allen Hamilton
     13.11 Sophos

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 166)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Introducing Rt: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports


List of Tables (73 Tables)

Table 1 Global Cyber Security Market, 2015–2020 ($Billion, Y-O-Y %)
Table 2 Cyber Security Market Size, By Security Type, 2013–2020 ($Billion)
Table 3 Network Security: Market Size, By Region, 2013–2020 ($Million)
Table 4 Endpoint Security: Market Size, By Region, 2013–2020 ($Million)
Table 5 Application Security: Market Size, By Region, 2013–2020 ($Million)
Table 6 Content Security: Market Size, By Region, 2013–2020 ($Million)
Table 7 Wireless Security: Market Size, By Region, 2013–2020 ($Million)
Table 8 Cloud Security: Market Size, By Region, 2013–2020 ($Million)
Table 9 Cyber Security Market Size, By Solution and Service, 2013–2020 ($Billion)
Table 10 Cyber Security Market Size, By Solution, 2013–2020 ($Billion)
Table 11 Identity and Access Management: Market Size, By Region, 2013–2020 ($Million)
Table 12 Risk and Compliance Management: Market Size, By Region, 2013–2020 ($Million)
Table 13 Encryption: Market Size, By Region, 2013–2020 ($Million)
Table 14 Data Loss Prevention: Market Size, By Region, 2013–2020 ($Million)
Table 15 Unified Threat Management: Market Size, By Region, 2013–2020 ($Million)
Table 16 Firewall: Market Size, By Region, 2013–2020 ($Million)
Table 17 Antivirus and Malware: Market Size, By Region, 2013–2020 ($Million)
Table 18 Intrusion Detection System/Intrusion Prevention System: Market Size, By Region, 2013–2020 ($Million)
Table 19 Security and Vulnerability Management: Market Size, By Region, 2013–2020 ($Million)
Table 20 Disaster Recovery: Market Size, By Region, 2013–2020 ($Million)
Table 21 Distributed Denial of Service Mitigation: Market Size, By Region, 2013–2020 ($Million)
Table 22 Web Filtering: Market Size, By Region, 2013–2020 ($Million)
Table 23 Others: Market Size, By Region, 2013–2020 ($Million)
Table 24 Cyber Security Market Size, By Service, 2013–2020 ($Billion)
Table 25 Consulting: Market Size, By Region, 2013–2020 ($Million)
Table 26 Design and Integration: Market Size, By Region, 2013–2020 ($Million)
Table 27 Risk and Threat Assessment: Market Size, By Region, 2013–2020 ($Million)
Table 28 Managed Security Services: Market Size, By Region, 2013–2020 ($Million)
Table 29 Training and Education: Market Size, By Region, 2013–2020 ($Million)
Table 30 Cyber Security Market Size, By Vertical, 2013–2020 ($Billion)
Table 31 Aerospace, Defense and Intelligence: Market Size, By Security Type, 2013–2020 ($Million)
Table 32 Aerospace, Defense and Intelligence: Market Size, By Solution, 2013–2020 ($Million)
Table 33 Government (Excluding Defense) and Public Utilities: Market Size, By Security Type, 2013–2020 ($Million)
Table 34 Government (Excluding Defense) and Public Utilities: Market Size, By Security Solution,2013–2020 ($Million)
Table 35 Banking, Financial Services and Insurance: Market Size, By Security Type, 2013–2020 ($Million)
Table 36 Banking, Financial Services and Insurance: Market Size, By Solution, 2013–2020 ($Million)
Table 37 Telecom and IT: Market Size, By Security Type, 2013–2020 ($Million)
Table 38 Telecom and IT: Market Size, By Solution, 2013–2020 ($Million)
Table 39 Healthcare: Market Size, By Security Type, 2013–2020 ($Million)
Table 40 Healthcare: Market Size, By Security Solution, 2013–2020 ($Million)
Table 41 Retail: Market Size, By Security Type, 2013–2020 ($Million)
Table 42 Retail: Market Size, By Solution, 2013–2020 ($Million)
Table 43 Manufacturing: Market Size, By Security Type, 2013–2020 ($Million)
Table 44 Manufacturing: Market Size, By Solution, 2013–2020 ($Million)
Table 45 Others: Cyber Security Market Size, By Security Type, 2013–2020 ($Million)
Table 46 Others: Market Size, By Solution 2013–2020 ($Million)
Table 47 Cyber Security Market Size, By Region, 2013–2020 ($Billion)
Table 48 North America: Market Size, By Vertical, 2013–2020 ($Million)
Table 49 North America: Market Size, By Security Type, 2013–2020 ($Million)
Table 50 North America: Market Size, By Solution, 2013–2020 ($Million)
Table 51 North America: Market Size, By Service, 2013–2020 ($Million)
Table 52 Europe: Market Size, By Vertical, 2013–2020 ($Million)
Table 53 Europe: Market Size, By Security Type, 2013–2020 ($Million)
Table 54 Europe: Market Size, By Solution, 2013–2020 ($Million)
Table 55 Europe: Market Size, By Service, 2013–2020 ($Million)
Table 56 Asia-Pacific: Market Size, By Vertical, 2013–2020 ($Million)
Table 57 Asia-Pacific: Market Size, By Security Type, 2013–2020 ($Million)
Table 58 Asia-Pacific: Market Size, By Solution, 2013–2020 ($Million)
Table 59 Asia-Pacific: Market Size, By Service, 2013–2020 ($Million)
Table 60 Middle East and Africa: Market Size, By Vertical, 2013–2020 ($Million)
Table 61 Middle East and Africa: Market Size, By Security Type, 2013–2020 ($Million)
Table 62 Middle East and Africa: Market Size, By Solution, 2013–2020 ($Million)
Table 63 Middle East and Africa: Market Size, By Service, 2013–2020 ($Million)
Table 64 Latin America: Market Size, By Vertical, 2013–2020 ($Million)
Table 65 Latin America: Market Size, By Security Type, 2013–2020 ($Million)
Table 66 Latin America: Market Size, By Solution, 2013–2020 ($Million)
Table 67 Latin America: Market Size, By Service, 2013–2020 ($Million)
Table 68 New Product Launches, 2012–2015
Table 69 Acquisitions, 2012–2014
Table 70 Partnerships and Collaborations, 2012–2015
Table 71 Agreements and Expansions, 2012 – 2015
Table 72 Venture Capital Funding in Cyber Security Market, 2012–2015
Table 73 Mergers and Acquisitions By the Major Market Players in the Cyber Security Market


List of Figures (53 Figures)

Figure 1 Global Cyber Security Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Top Cyber Security Solutions and Verticals With Highest CAGR 2015 - 2020
Figure 7 Global Cyber Security Market Size, By Security Type (2015–2020)
Figure 8 Global Cyber Security Market Share, By Region (2015)
Figure 9 The Cyber Security Market Will Witnessing Significant Growth During the Forecast Period
Figure 10 Managed Security Service is Expected to Be the Leading Service During the Forecast Period
Figure 11 Identity and Access Management Solution is Expected to Have Highest Market Share By 2020
Figure 12 Healthcare and Manufacturing are the Two Fastest Growing Verticals in Cyber Security Market During the Forecast Period
Figure 13 Asia-Pacific is Expected to Gain Significant Traction During the Growth Stage
Figure 14 Evolution of Cyber Security Market
Figure 15 Cyber Security Market Segmentation: By Security Type
Figure 16 Market Segmentation: By Solution
Figure 17 Market Segmentation: By Service
Figure 18 Market Segmentation: By Vertical
Figure 19 Market Segmentation: By Region
Figure 20 Global Cyber Security Market: Drivers, Restraints, Opportunities and Challenges
Figure 21 Impact Analysis of Drivers in the Market
Figure 22 Impact Analysis of Restraints in the Market
Figure 23 Impact Analysis of Opportunities in the Market
Figure 24 Impact Analysis of Challenge in the Cyber Security Market
Figure 25 Value Chain Analysis
Figure 26 Porter’s Five Forces Analysis (2015)
Figure 27 Application Security is Expected to Grow at Rapid Pace During the Forecast Period
Figure 28 Service Segment is Growing at A Rapid Pace During the Forecast Period
Figure 29 The Need of Encryption Solutions are Expected to Increase Rapidly in the Forecast Period
Figure 30 Managed Security Services are Expected to Witness High Demand in the Forecast Period
Figure 31 Healthcare Vertical is Expected to Increase Fastest During the Forecast Period
Figure 32 Geographic Snapshot: Latin America is Emerging as A New Hotspot for Cyber Security Vendors
Figure 33 Geographic Snapshot (2015–2020): Rapid-Growth is Expected From Emerging Regions Such as Asia-Pacific and Latin America
Figure 34 North America Market Snapshot
Figure 35 Asia-Pacific Market Snapshot
Figure 36 Companies Adopted New Product Launches and Enhancements as the Key Growth Strategy From 2012 to 2015
Figure 37 Market Evaluation Framework
Figure 38 Battle for Market Share: New Product Launch Was the Key Strategy
Figure 39 Geographic Revenue Mix of the Top 5 Market Players
Figure 40 Company Snapshot: IBM Corporation
Figure 41 IBM Corporation : SWOT Analysis
Figure 42 Company Snapshot: Cisco Systems, Inc.
Figure 43 Cisco Systems, Inc.: SWOT Analysis
Figure 44 Company Snapshot: Intel Corporation
Figure 45 Intel Corporation : SWOT Analysis
Figure 46 Company Snapshot: Lockheed Martin
Figure 47 Lockheed Martin: SWOT Analysis
Figure 48 Business Overview: Northrop Grumman
Figure 49 Northrop Grumman: SWOT Analysis
Figure 50 Company Snapshot: Trend Micro
Figure 51 Company Snapshot: Symantec Corporation
Figure 52 Company Snapshot: Computer Science Corporation
Figure 53 Company Snapshot: Booz Allen Hamilton

Cyber security technologies and solutions are changing due to the changing threat landscape, where threats are becoming smarter and damaging. The cyber security market consists of various categories of technologies and services, applied at various levels to protect an organization and user’s personal and professional data from cyber threats. The dependence on Information and Communication Technology (ICT) is the prominent feature of today’s modern and interconnected society and economy. Increasing threat intensity is propelling the demand for advanced cyber security solutions capable of protecting not only single network layer attacks but also multiple applications from data-layered threats. These advanced next-generation cyber security solutions are supporting the need for a security forum protecting the public and private infrastructure and are estimated to save trillions of dollars affected by cybercrimes globally in the coming years. It has been observed that the expenditure on unified cyber security solutions would grow exponentially all across businesses, from the aerospace and defense to the government and Banking, Financial Services, and Insurance (BFSI) sector.

The government, public utilities, and enterprises are dependent on Internet, wireless, and cloud-based services. With this dependency, the cyber attacks have shown exponential increase in the past few years and have generated the need for unified cyber security solutions to support enhanced enterprise mobility and strict data disclosure laws. The market for security portfolios such as data encryption, authentication, security and vulnerability management, and Distributed Denial of Service (DDoS) mitigation, along with various others, are experiencing a boom phase because of an increase in the need for a secure and resilient cyberspace.

The cyber security market is highly fragmented with more than 500 players and a large number of start-ups evolving every year. Most of the new players emerging in the market are acquired by big players such as Cisco Systems, IBM, Lockheed Martin, Northrop Grumman, Intel, Symantec, and others to enrich their product portfolio. Hence, the market is quite driven with various Merger and Acquisition (M&A) activities in the past 10 years, which are going to continue in the near future. Apart from M&A activities, venture activities have also increased in number with various cyber start-ups receiving funding boost. Recent attacks on Sony Pictures has generated concerns and shored up funding activities with $1.02 Billion in the first quarter of 2015, which is almost double of last year's first quarter. Venture capitalists are more interested in investing in the start-ups with innovative solutions for cloud security and mobile security. As the sophistication of cyber threats is increasing, cyber security is also expected to evolve and innovate in the near future with new security solutions incorporated. Therefore, many vendors are focusing on innovations.

Increasing severity of cyber-attacks, popularity of cloud security, rapid adoption of cloud computing, data center and wireless communication, strict government regulations on data privacy, demand for integrated cyber solutions, along with increasing threat on critical infrastructure and public utilities, are expected to create extensive market opportunities for the cyber security solution vendors during the forecast period. Across the regions, North America already has an established cyber security market with extensive deployments across its diverse organizations. Moreover, announcement of increasing cyber budget to $14 Billion by President Obama in North America will attract new contracts and thereby increase cyber security market in this region. North America and Europe both are tending towards maturation; however, the developing countries of APAC are significantly showcasing a rise in the adoption of cyber security solutions and services.

The players aggressively active in this domain are Cisco, IBM, Booz Allen Hamilton, CSC, Lockheed Martin, Northrop Grumman, Symantec, Sophos, Trend Micro, and McAfee. These players along with the new start-ups in the market are expected to develop more advanced and user-friendly solutions to combat continuously evolving cyber threats.

Market Size and Forecast

Cyber Security Market Size, by Region, 2015–2020 ($Billion)

Cyber Security Market

Source: MarketsandMarkets Analysis

The table given above highlights the cyber security market size across various regions from 2015 to 2020. The total market for cyber security is expected to grow from $106.32 Billion in 2015 to $170.21 Billion by 2020, at a CAGR of 9.8%.

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