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Cybersecurity Market Analysis

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The global cybersecurity market is estimated to garner a notable revenue by the end of 2031 by growing at a CAGR of ~12% over the forecast period, i.e., 2022 – 2031 – PowerPoint PPT presentation

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Title: Cybersecurity Market Analysis


1
Global Cybersecurity Market to be Propelled by
Rising Volume of Data by CAGR of 12 During
2022 2031 Kenneth Research published a report
titled Cybersecurity Market Global Demand
Analysis Opportunity Outlook 2031 which
delivers detailed overview of the global
cybersecurity market in terms of market
segmentation by verticals, deployment type,
security type, component, and by region. Further,
for the in-depth analysis, the report encompasses
the industry growth indicators, restraints,
supply and demand risk, along with detailed
discussion on current and future market trends
that are associated with the growth of the market.
The global cybersecurity market is estimated to
grow at a CAGR of 12 over the forecast
period, i.e., 2022-2031. The market is segmented
by verticals into BFSI, healthcare, retail, IT
telecom, aerospace defense, government, and
others. Out of these, the healthcare segment is
anticipated to hold the largest share over the
forecast
2
period owing to the increasing threat to
patients health records, and surging medical
fraud cases across the globe. A high rate of
digital transformation is anticipated to drive
the growth of the global cybersecurity market.
Furthermore, the rising volume of data is further
expected to increase the growth of the
market. For more descriptions_at_https//www.kennethr
esearch.com/report- details/cybersecurity-market/
10352414 Geographically, the global cybersecurity
market is segmented into five major regions
including North America, Europe, Asia Pacific,
Latin America and Middle East Africa region.
Out of them, the market in the North America
region is projected to hold the largest market
share by the end of 2031 on the back of rise in
the number of high cost of breaches, and an
increasing advanced level of infrastructure in
the region The research is global in nature and
covers detailed analysis on the market in North
America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey,
Russia, Rest of Europe), Latin America (Brazil,
Mexico, Argentina, Rest of Latin America),
Asia-Pacific (China, India, Japan, South Korea,
Indonesia, Singapore, Malaysia, Australia, New
Zealand, Rest of Asia-Pacific), Middle East and
Africa (Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South Africa,
Rest of Middle East and Africa). In addition,
analysis comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Surging
Adoption of IOT Devices to Drive the Growth of
the Market According to the National Council on
Identity Theft Protection, the number of identity
fraud cases has been raised to 5.74 Million in
2021 from 3.16 Million in 2018
3
Backed by the technological advancement in the
form of artificial intelligence, IOT devices
connections and others are rising the incidences
of cyber-crimes. Hence, it is expected to boost
the growth of the global cybersecurity
market. However, high cost for security
upgradation, high dependency on traditional
security methods, and lack of skilled expertise
are expected to operate as key restraint to the
growth of global cybersecurity market over the
forecast period. This report also provides the
existing competitive scenario of some of the key
players of the global cybersecurity market which
includes company profiling of IBM Corporation,
Imperva Inc., FireEye, Inc., Dell Inc., Broadcom
Inc., Avast Software s.r.o., Cisco Systems,
Inc., Cyber Ark Software Ltd., Check Point
Software Technologies Ltd., Fortinet, Inc., and
others. The profiling enfolds key information of
the companies which encompasses business
overview, products and services, key financials
and recent news and developments. On the whole,
the report depicts detailed overview of the
global cybersecurity market that will help
industry consultants, equipment manufacturers,
existing players searching for expansion
opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request Report Sample_at_ https//www.kenneth
research.com/sample-request- 10352414 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties. Contact for more
Info AJ Daniel
4
Email sales_at_kennethresearch.com U.S. Phone 1
313 462 0609
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