Global Enterprise Cyber Security Market to Grow at 11.84% CAGR from 2014 to 2019

Strategic Insights -

The global enterprise cyber security market is expected to witness significant growth, driven by increasing demand for cloud-based cyber security solutions and the need for advanced data security measures. The adoption of bring-your-own-device (BYOD) policies and the rise of mobile devices have created new vulnerabilities, necessitating the implementation of robust cyber security solutions. The market is expected to reach 13.73 billion USD by 2019, driven by the increasing adoption of cloud-based security solutions, convergence of technologies, and a rise in DDoS attacks.

Key Takeaways:

  • The global enterprise cyber security market is forecasted to grow at a compound annual growth rate (CAGR) of 11.84% from 2014 to 2019, driven by the increasing demand for cloud-based cyber security solutions.
  • The market is expected to reach 13.73 billion USD by 2019, with the Americas, APAC, and EMEA regions contributing to the growth.
  • Companies like Cisco Systems, McAfee, Symantec, Trend Micro, Websense, Barracuda Networks, Blue Coat Systems, Check Point Software Technologies, ClearSwift, and Fortinet are major players in the market.
  • The adoption of BYOD policies and the rise of mobile devices have created new vulnerabilities, necessitating the implementation of robust cyber security solutions.
  • Enterprises are adopting cyber security solutions to ensure the security of critical information stored in computer systems or digital memory devices.
  • The report covers the present scenario and growth prospects of the Global Enterprise Cyber Security market for the period 2015-2019, with a focus on the Americas, APAC, and EMEA regions.

Statistics:

  • Global Enterprise Cyber Security Market: 2014-2019 (US$ billion) - 8.14
  • End-user segmentation of Global Enterprise Cyber Security Market: Large Enterprises (54%); SMEs (26%); Government Organizations (20%)
  • Revenue generated from the sales of enterprise cyber security software, appliances, hybrid solutions, and cloud services: 11.84% CAGR from 2014 to 2019
  • Global Cyber Security Market by Type of Threat: 2014 - Malware (42%), Ransomware (25%), Phishing (15%), Advanced Persistent Threats (APTs) (5%)

Sources:

  • RnRMarketResearch.com - Global Enterprise Cyber Security Market 2015-2019 report
  • RnRMarketResearch.com - Network Security Market in North America 2015-2019 report
  • RnRMarketResearch.com - Global Enterprise Firewall Market 2015-2019 market report