Cyber Security Market by 2019

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Global Cyber Security Market worth 86.12 billion
  by 2019

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The new era of the Internet has witnessed a boom
in the usage of e-commerce and other online
banking-related applications. This has led to a
surge in thefts, online frauds and risks related
to online banking. All enterprises are
excessively dependent on such data, software,
hardware, and networking resources. Hence it is
extremely essential to protect organizations from
such threats, and prevent further e-damage.
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This makes cyber security solutions necessary,
and their demand in the near future is also going
to be high. Globally, this market is worth 86.12
billion, and is estimated to grow annually at a
rate of 10.3. The industry leaders in this
market are Cisco, IBM, Northrop Grumman, CSC, and
Symantec.
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Browse through the market data tables, figures
and detailed ToC on the Cyber Security
Market. http//www.micromarketmonitor.com/market
-report/cyber-security-reports-7651948375.html

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North American Cyber Security Market

• The North American market has the highest
  share in the cyber security market as compared to
  other regions. This is due to the fact that there
  is continuous high demand for security solutions
  in this region. The driving force for this high
  demand is the sudden rise in threats in various
  sectors. However, cheap and local cyber security
  solutions pose a grave challenge to this market.
  The cyber security market in the North American
  region was valued at 37.4 billion, and is
  estimated to reach 61.91 billion by the end of
  2019. This markets annual growth rate is
  projected to be 8.5. The main companies
  providing cyber security solutions in this market
  are Cisco, Symantec, and IBM, among others.
• http//www.micromarketmonitor.com/market/north-ame
  rica-cyber-security-6364811086.html

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Latin American Cyber Security Market

• Infrastructure development in Latin America is on
  the rise. However, along with this development
  comes emerging cyber security related threats.
  Also, there is increase in the spending and
  growth of the defense and security industries.
  After the challenges created due to the lack of
  resources and the inability to implement
  technological solutions are overcome, this market
  has great potential for growth. Latin Americas
  cyber security market is currently valued at
  4.46 billion. It is expected to grow at a CAGR
  of 17.6, and be worth 11.91 billion by the end
  of 2019. Key companies delivering cyber security
  solutions include Symantec, CSC, Cisco, and IBM.
• http//www.micromarketmonitor.com/market/latin-ame
  rica-cyber-security-2019134744.html

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European Cyber Security Market

• There has been much technological advancement in
  various European nations. This has led to wider
  adoption of innovations such as wireless
  communication, cloud computing, and so on. This
  has increased the demand for implementation of
  cyber security measures. Another factor is the
  European Unions initiative to improve cyber
  security. In 2013, the valuation of the European
  cyber security market was 23.21 billion, and has
  been forecast to grow to 35.53 billion by 2019.
  The projection of annual growth rate in this
  market is projected to be 7.2. Prominent
  companies that are responsible for providing
  cyber security solutions include Symantec, Cisco,
  IBM, and Northrop Grumman, among others.
• http//www.micromarketmonitor.com/market/western-e
  urope-cyber-security-4129808188.html

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Asia-Pacific Cyber Security Market

• The Asia-Pacific cyber security market is
  presently worth 14.82 billion, and is estimated
  to grow to 32.95 billion by the end of 2019.
  This market is poised to grow annually at a rate
  of 14.1 . New products and offerings related to
  internet applications have been introduced in the
  Asia-Pacific market thus requiring enhanced
  security solutions. Also, the total ICT spending
  has been on a rise. These are the main drivers
  for this market. Major vendors of cyber security
  solutions are Cisco, Symantec, IBM, and CSC,
  among others. Some of the challenges that need to
  be overcome are the issues of piracy and instable
  government policies.
• http//www.micromarketmonitor.com/market/asia-paci
  fic-cyber-security-9409640255.html

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MEA Region Cyber Security Market

• The MEA region has witnessed a rise in access to
  Internet services. Along with this, there are
  stringent government rules and regulations
  regarding the usage of the Internet and applied
  applications. Also, this is a highly vulnerable
  region hence the demand for cyber security is
  going to continue in the near future. The total
  revenue of the cyber security market in the MEA
  region is estimated to be 6.19 billion. It is
  expected to reach 13.43 billion by the 2019, to
  grow annually at a CAGR of 13.7. Some of the
  significant players in this segment are Symantec,
  Cisco, IBM, and Northrop Grumman, among others.
• http//www.micromarketmonitor.com/market/middle-ea
  st-and-africa-cyber-security-9122775574.html

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