Dallas, May 28, 2021 (GLOBE NEWSWIRE) -- Increasing number of cyber-attacks and malicious attacks on various online portals, data bases and companies, increasing cases of identity theft and other issues on the online platforms are the major factors that are contributing to the expansion of the global cybersecurity solutions and services market over the forecast time frame. Moreover, increasing cases of phishing attacks and misuse of personal information of the individuals are further creating opportunities for the growth of global cybersecurity solutions and services market over the coming years.
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Further, growing efforts taken by various companies by increasing the investments on these issues and hiring experts and professionals who can take care of the company’s security concerns are further fueling the expansion of the global cybersecurity solutions and services market over the forecast duration.
The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market. The global Cybersecurity Solutions and Services market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
The Cybersecurity Solutions and Services key players in this market include:
Telos Corporation
Akamai
Secureworks
NEC
Comodo
LinkedIn
FireEye
Schneider Electric
Also, growing use of mobile phones and online platforms for various daily activities by the individuals is further creating a risk of cyber attacks and hacker attacks. Also, rising number of online payment options as well as online ordering options through ecommerce platforms are rising the risk of these attacks on a day to day basis. Also, increasing number of password hacks of celebrities or usual individuals are further contributing to the growth of the global cybersecurity solutions and services market over the forecast period.
by Type, the market is primarily split into:
Identity and Access Management (IAM)
Risk and compliance management
Encryption
Data Loss Prevention (DLP)
Unified Threat Management (UTM)
Firewall
Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
Others
by Application, this report covers the following segments:
Commercial
Personal
Rising requirement of the better solutions for maintaining digital security as well as physical security, along with increasing government measures for the development of better software and tools to avoid such attacks are creating opportunities for the expansion of the global cybersecurity solutions and services market in coming years. This software help the companies in detecting any unusual event that is happening in the business space online. It also helps on early detection or possibility of any attacks through any email that is received by the people, hence fueling the market growth.
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