Global Social Media Security Market to 2023

DUBLIN, Aug. 13, 2018 /PRNewswire/ --

The "Social Media Security Market by Solution (Monitoring, Threat Intelligence, and Risk Management), Service (Professional Service and Managed Service), Organization Size, Industry Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global social media security market size to grow from USD 895.6 million in 2018 to USD 1,970.6 million by 2023, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period.

Increasing adoption of enterprise social media and the need for organizations to secure their social media platforms and networks against malicious attacks are expected to drive the adoption of social media security solutions and services. Moreover, the SMEs segment is gaining high traction in the market, as SMEs are more vulnerable to internal and external data breaches through social media platforms and the cost of breaches would be high for these enterprises. With the adoption of social media security solutions, organizations can effectively maintain, monitor, and manage their social media platforms from data breaches.

Social media security solutions include monitoring, threat intelligence, risk management, and others. The monitoring segment is expected to hold the largest market share during the forecast period. The threat intelligence segment is projected to play a key role in the social media security market and expected to grow at the highest CAGR during the forecast period, as there is a rising penetration of social media across organizations, and an imminent need for organizations to protect their social media platforms and networks against the malicious attacks.

The manufacturing vertical is the fastest-growing vertical in the social media security market, as there is wide use of social media platforms by manufacturing industries for promotion, customer experience management, and marketing purposes, hence there is a need to safeguard these platforms against attacks. Small and Medium-sized Enterprises (SMEs) continue to deploy social media security solutions, as SMEs are more vulnerable to social media attacks and the impact of these attacks would be more for SMEs.

North America is estimated to hold the largest market size, in 2018, which would be overtaken by APAC in 2023. The increasing need for organizations to protect their confidential data on social media platforms and monitor their employee's social media activity related to organizations are expected to drive the social media security market. Furthermore, rapid penetration of enterprise social media in the major countries for business purposes, along with the regulatory reforms is expected to drive the social media security market in Asia Pacific (APAC). In Latin America, enterprises belonging to a range of verticals, such as manufacturing, retail, and Banking, Financial Services and Insurance (BFSI), are expected to adopt enterprise social media for branding and communication purposes and are projected to invest heavily in social media security solutions and services.

The increasing adoption of Bring Your Own Device (BYOD) trend among enterprises and huge benefits, such as marketing, promotions, and customer services through social media platforms would provide significant growth opportunities to social media security vendors.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Market Share of Top 3 Solutions and Regions
4.3 Social Media Security Market, By Security Type, 2018
4.4 Market Investment Scenario

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing User Engagement on Social Media Using Smartphones
5.2.1.2 Stringent Government Regulations and Compliance Requirements
5.2.1.3 Rising Security Attacks on Social Media Platforms
5.2.2 Restraints
5.2.2.1 Lack of Common Laws Across Countries and Cross-Boundary Location of Servers
5.2.3 Opportunities
5.2.3.1 Voluminous Data Generation Through Social Media Platforms
5.2.4 Challenges
5.2.4.1 Failure to Understand the Exact Requirements of Organizations
5.2.4.2 Risks Associated With Social Engineering
5.3 Regulatory Implications
5.3.1 Payment Card Industry Data Security Standard (PCI DSS)
5.3.2 Health Insurance Portability and Accountability Act (HIPAA)
5.3.3 Gramm-Leach-Bliley Act (GLBA)
5.3.4 General Data Protection Regulation (GDPR)
5.4 Innovation Spotlight

6 Market By Solution
6.1 Introduction
6.2 Monitoring
6.3 Threat Intelligence
6.4 Risk Management
6.5 Others

7 Social Media Security Market, By Security Type
7.1 Introduction
7.2 Web Security
7.3 Application Security
7.4 Endpoint Security
7.5 Network Security
7.6 Cloud Security

8 Market, By Service
8.1 Introduction
8.2 Professional Services
8.3 Managed Services

9 Market, By Organization Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.3 Large Enterprises

10 Social Media Security Market, By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 Healthcare
10.4 Telecom and IT
10.5 Retail
10.6 Media and Entertainment
10.7 Government
10.8 Education
10.9 Travel and Hospitality
10.10 Manufacturing
10.11 Others

11 Social Media Security Market, By Region

12 Competitive Landscape
12.1 Overview
12.2 Competitive Scenario
12.2.1 Partnerships, Agreements, and Collaborations
12.2.2 New Product Launches and Product Enhancements
12.2.3 Mergers and Acquisitions
12.2.4 Business Expansions

13 Company Profiles

• Bowline Security
• Brandle
• CA Technologies (Veracode)
• CSC
• Centrify
• CoNetrix
• Crisp Thinking
• CrowdControlHQ
• Digital Shadows
• DigitalStakeout
• Hootsuite
• Hueya
• KnowBe4
• LookingGlass Cyber Solutions
• Micro Focus
• Proofpoint
• RiskIQ
• SecureMySocial
• Social Sentinel
• Socialhub
• SolarWinds
• Sophos
• Symantec
• Trend Micro
• ZeroFox

For more information about this report visit https://www.researchandmarkets.com/research/5j5psq/global_social?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

Media Contact:

Laura Wood, Senior Manager
[email protected]  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com