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This report is the result of SDI’s extensive market and company research covering the global cyber security industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
The Global Cybersecurity Market 2013-2023” offers the reader detailed analysis of the global cyber security market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.
Complete report spread across  available @ http://www.reportsnreports.com/reports/253542-the-global-cybersecurity-market-2013-2023.html. Read more on “The Global Cybersecurity Market 2013-2023” reportbelow.
What are the key drivers behind recent market changes?
The global cyber security market is dominated by North America, with the US being the largest defense spender in the world; overall, North America is set to spend US$93.6 billion on cyber security during the forecast period. Despite the scheduled budget cuts, Europe represents the second-largest market, with the total cyber security market valued at around US$24.7 billion, offering a potentially attractive investment opportunity for suppliers. Asia-Pacific is projected to spend an estimated US$23.2 billion on cyber security during the forecast period, followed by the Middle East and Latin America with US$22.8 billion and US$1.6 billion respectively.
What makes this report unique and essential to read?
“The Global Cyber Security Market 2013-2023” provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
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- At the cyber-security world summit held in 2010, security experts raised credible issues such as crashing power grids, stalled air control towers, hospital infrastructure being rendered useless, and national defenses being susceptible to outside attack. New technologies such as cloud computing, social networking, and the proliferation of mobile devices have also resulted in an increase of cyber attacks. The governments of the UK, the US, France, Belgium, Germany, and India have stated that their systems and networks were infiltrated by criminal networks. Such incidents are expected to augment a sustainable demand for cyber security over the forecast period
- The militaries of most countries have always enjoyed a certain degree of autonomy, but they are not immune from the economic uncertainties that face governments. With budget cuts being implemented, many countries are looking to channel their resources towards certain areas of military spending. For example the US is looking to phase out tanks and other major weapons programs and divert its spending towards IT and cyber security programs.
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