Cyber Security Market in Europe 2015-2019 Research Report

The cyber security market in Europe is experiencing rapid growth, driven by the increased use of mobile devices in the workplace. Businesses are finding it essential to protect sensitive company information, which is often accessed through personal portable devices such as cellphones, tablets, and laptops. The demand for cloud-based security solutions is a key trend emerging in the market, as end-users prefer cost-effective and easily managed security measures. According to a report by Market Research Store, the end-users in this market are capital-intensive and require time-consuming on-premises implementation, making changes a costly task once deployed.

Key Takeaways:

• The demand for cloud-based security solutions is driving growth in the cyber security market in Europe.
• End-users prefer cost-effective and easily managed security measures, with cloud-based solutions meeting these requirements.
• The increased use of mobile devices in the workplace is creating a need to protect sensitive company information, driving demand for cyber security solutions.
• Implementing on-premises cyber security solutions is time-consuming and capital-intensive, making cloud-based solutions an attractive alternative.
• Key vendors in the market include BAE Systems, Cisco Systems, Fortinet, Northrop Grumman, Raytheon, and Symantec Corp.
• Other prominent vendors in the market include Brocade Communications Systems, CSC, EMC², FireEye, F-Secure, HP, IBM, Kaspersky Lab, L-3 Communications, McAfee, Microsoft, Palo Alto Networks, Skybox Security, Tripwire, and Trustwave.

Statistics:

• The demand for cloud-based security solutions is a key trend emerging in the cyber security market in Europe.
• The end-users in this market are capital-intensive in nature, making it harder to enter.
• Implementing an on-premises cyber security solution is time-consuming and capital-intensive.
• Once deployed, making changes to the solution becomes a costly task.
• The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry.

Sources:

• Market Research Store, "Cyber Security Market in Europe 2015-2019" report, http://www.marketresearchstore.com/report/cyber-security-market-in-europe-2015-2019-16502
• Market Research Store, contact information: Joel John, 3422 SW 15 Street, Suit #8138, Deerfield Beach, Florida 33442, USA, +1-386-310-3803, sales@marketresearchstore.com, http://www.marketresearchstore.com/