Global Cyber Security Market is expected to reach USD 205.51 billion by 2024, according to a new report by Grand View Research, Inc. The dependence of enterprises on information technology and sensitive nature of digitally stored data has raised the stake for cyber-attackers with financial gain becoming a primary motive.
Solution providers are indulging in research and development to develop next-generation security solutions. For instance, Science Applications International Corporation (SAIC) has developed an innovative cybersecurity technology that helps government protect critical data, mitigate risks, and establish a comprehensive defense against cyber-attacks. There is also a greater emphasis on the intelligence-led security as conventional security technologies, such as web, content management and network security, are failing to deliver the tracking of security incidents.
The cybersecurity industry is expected to witness high demand for cloud-based applications as government organizations are opting for the cloud platform for data sharing.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/cyber-security-market
Further key findings from the report suggest:
View all Related Reports from same Category: http://www.grandviewresearch.com/industry/network-security-software-and-services
Grand View Research has segmented the cyber security market on the basis of component, security type, solutions, services, deployment, organization, application, and region:
Cyber security Component Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Security Type Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Solution Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Services Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Deployment Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Organization Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Application Outlook (Revenue, USD Billion, 2014 – 2024)
Cyber security Regional Outlook (Revenue, USD Billion, 2014 – 2024)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit us@ www.grandviewresearch.com