New York, NY, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Social Media Security Market By Offering (Solution and Services), By Application Process (Social Media Monitoring, Threat Detection, Risk Management, and Others), By End-User (SMEs and Large Enterprises), and By Vertical (BFSI, Government, IT & Telecommunication, Healthcare & Life Sciences, Media & Entertainment, Retail, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global social media security market was USD 894 million in 2018 and is expected to reach approximately USD 2,919 million by 2025, growing at a CAGR of around 18.2% between 2019 and 2025.
Social media has found massive popularity in the last few years, owing to the easily available social media platforms to express one’s self and find people through smartphones and computers. These platforms have a huge client base and huge volumes of corporate and individual data. Social media platforms, such as YouTube, Instagram, LinkedIn, Facebook, and Twitter, have gained prominent popularity in recent years and are expected to grow further in the upcoming years. Thus, these undertakings perceive these platforms as a correspondence channel.
Browse through 71 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Social Media Security Market: By Offering, Type, industry Size, Share, Trends, Applications, Analysis and Forecast, 2018–2025”.
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The rising user visits on social media via smartphones and growing compliance requirements globally are expected to drive the social media security market globally in the years ahead. However, the cross-boundary location of servers and lack of common laws across countries may impede the social media security market. Alternatively, voluminous data generated through social media platforms is likely to generate new opportunities for the social media security market in the years to come.
The social media security market is fragmented on the basis of offering, the application process, end-user, and vertical. Based on offering, the social media security market includes solution and services. The growing demand for service-based products is enhancing the growth of the service segment.
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Based on the application process, the market includes social media monitoring, risk management, threat detection, and others. The social media monitoring segment is anticipated to grow significantly over the forecast time period, owing to the rising preference for a wide variety of services, functionality, and in-depth analysis.
By end-user, the market for social media security includes SMEs and large enterprise. The SMEs segment is anticipated to show substantial growth in the future, owing to the growing popularity of these enterprises among the consumers.
Browse the full “Social Media Security Market By Offering (Solution and Services), By Application Process (Social Media Monitoring, Threat Detection, Risk Management, and Others), By End-User (SMEs and Large Enterprises), and By Vertical (BFSI, Government, IT & Telecommunication, Healthcare & Life Sciences, Media & Entertainment, Retail, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/social-media-security-market
By vertical, the social media security market comprises media and entertainment, BFSI, government, IT and telecommunication, retail, healthcare and life sciences, and others (manufacturing, utilities, food, and beverages, etc.). The BFSI sector accounts for a dominant share in the social media security market globally.
The Asia Pacific social media security market is projected to show a substantial growth rate over the forecast time period, owing to the prominent requirement for regulatory reforms and significant penetration of enterprise social media in the major countries for business purposes. China and India are the major markets for social media security and are growing rapidly over the forecast time period. The growing adoption of various social media platforms by workers across various enterprises, rising options for enhancing strategic skills in assaulting social media database, increasing need for controls are further driving the Asia Pacific social media security market. Moreover, strategic penetration of the leading market players in this region is also estimated to bolster the Asia Pacific social media security market in the future.
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North America is estimated to account for a major share in the social media security market globally over the forthcoming years. In 2018, the North American social media security market accounted for around 38.65% of the global share, due to the rising adoption of social media by business organizations to create a strong uphold in their respective markets. This has fuelled the need for the entrance of new social media security service providers to anchor platforms and systems against vindictive badgers.
Prominent involvement in threat intelligence, risk management, and monitoring development platform by a majority of the foremost players in the market are anticipated to enhance the diffusion of the social media security market in Europe. This regional market is anticipated to be highly lucrative over the years, owing to the increasing investments made by various renowned market players.
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The Latin American and the Middle Eastern and African regions are projected to account for relatively less value share of the social media security market globally and are anticipated to show a comparatively low growth rate over the forecast time period.
Some key players in the social media security market are CA Technologies, Micro Focus, Symantec, Trend Micro, Sophos, Proofpoint, Digital Shadows, SolarWinds, RiskIQ, ZeroFox, SecureMySocial, Social Sentinel, Bowline Security, DigitalStakeout, Brandle, Socialhub, Centrify, Hootsuite, KnowBe4, Looking-Glass Cyber Solutions, CrowdControlHQ, Crisp Thinking, CoNetrix, CSC, and Hueya.
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This report segments the global social media security market into:
Global Social Media Security Market: Offering Analysis
- Solution
- Services
Global Social Media Security Market: Application Process Analysis
- Social Media Monitoring
- Threat Detection
- Risk Management
- Others
Global Social Media Security Market: End-User Analysis
- SMEs
- Large Enterprises
Global Social Media Security Market: Vertical Analysis
- BFSI
- Government
- IT and Telecommunication
- Healthcare and Life Sciences
- Media and Entertainment
- Retail
- Others (Manufacturing, Utilities, Food, and Beverage, etc.)
Global Social Media Security Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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