Robust Cyber Security Market Spending Forecast for 2014-2024 in New Global Research Report

DALLAS, September 16, 2014 /PRNewswire/ --

ReportsnReports.com adds The Global Cybersecurity Market 2014-2024 research report of 222 pages, published in September 2014, to its store. Over the last 10 years, the Internet has been transformed into a battleground for many modern conflicts, with groups of hackers trying to publicize their cause, and several of these groups acting on behalf of their respective governments in order to disrupt critical processes or steal valuable data. Wars include a mix of physical, mental, and tactical elements; with information and communication technologies (ICT) playing a major role in the capabilities of mobile forces armed with real-time information devices. These ICTs can also be used to attack battlefield systems directly, to capture sensitive data from defence contractors and governments, or disrupt national infrastructure. As such, defence systems must be built to detect and counter these attacks, making cyber warfare systems essential tools for maintaining an advantage in modern conflicts.

The 2014-2024 cybersecurity market report says that the need to protect such vital networks, coupled with the increased importance of such systems in modern warfare, means global spending on cyber security is expected to remain robust over the forecast period. The global cyber security market is expected to experience a CAGR growth of just less than 5% during 2014-2024.North America, followed by Asia Pacific, are expected to be the largest cyber security markets with a cumulative market share of more than 50%  . The network security segment is expected to dominate the cybersecurity market with a share of just over 35%. Increased dependence on information technology and the dynamic nature of cyber threats anticipated to drive the market over the forecast period. This research provides readers with a detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

In particular, the global cybersecurity market 2014-2024 research report provides an in-depth analysis of the following:

• Global Cybersecurity market size and drivers: detailed analysis of the Cybersecurity market during 2014-2024, including highlights of the demand drivers and growth stimulators for cybersecurity. It also provides a snapshot of the spending and modernization patterns of different regions around the world

• Recent developments and industry challenges: insights into technological developments in the cybersecurity market and a detailed analysis of the changing preferences of cybersecurity departments around the world. It also provides trends of the changing industry structure and the challenges faced by the industry participants

• SWOT analysis of the cybersecurity market: analysis of the industry characteristics by determining the strengths, weaknesses, opportunities, and threats faced by the Cybersecurity industry

• Global Cybersecurity country analysis: analysis of the key markets in each region, providing an analysis of the key segments of the cybersecurity industry expected to be in demand in each region

• Major programs: details of the key programs in each segment, which are expected to be executed during the forecast period

• Competitive landscape and strategic insights: analysis of the competitive landscape of the global cybersecurity market. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

For US$ 4800 (single user PDF), the global cybersecurity market 2014-2024 research report can be purchased at http://www.reportsnreports.com/Purchase.aspx?name=297549 . Reasons to Buy this report include: This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Cybersecurity market, and to identify emerging and declining markets over the next ten years. This report will give the user a thorough fact based analysis, with information about the demand for various Cybersecurity segments in each of the top ten countries, and the underlying factors that are driving demand. The analysts have placed a significant emphasis on the major industries that are driving the cybersecurity market which will provide the user with a clear picture about future opportunities that can be tapped, resulting in revenue expansion. The major programs section will inform the user about programs being undertaken by cybersecurity departments in different segments of the Cybersecurity market during the forecast period. Detailed profiles of the top Cybersecurity service providers around the world with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector. A deep qualitative analysis of the global Cybersecurity sector covering sections including demand drivers, SWOT, industry trends, latest technological developments, among others are provided in it.

Global Cybersecurity Market Size and Drivers discussed in this 2014-2024 research report include: 

1. Cybersecurity Market Size and Forecast 2014-2024

 1.1 Global cybersecurity market expected to witness a robust growth over the forecast period

2 Global Cybersecurity Market - Regional Analysis

 2.1 North America is expected to lead the global cybersecurity market

 2.2 High demand for cybersecurity systems in the US to support overall market growth

 2.3 Cybersecurity market expected to grow at a CAGR of 1.07% in the Asia-Pacific region

 2.4 European cybersecurity market expected to account for the second highest spending over the               forecast period

 2.5 Markets in the Middle East to register a robust growth

 2.6 Cybersecurity is still a developing area of defense in the Latin American region

 2.7 Markets in Africa expected to increase over the forecast period

3 Cybersecurity Sub-Sector Market Size Composition

 3.1 Market for network security to dominate the cybersecurity market

 3.2 Data security market to experience robust growth over the forecast period

 3.3 Identity and access segment to account for 19.4% of market

 3.4 Cloud security market to grow at a CAGR of 5.67%

4 Demand Drivers and Growth Stimulators

 4.1 Increased dependence on information technology resulting in more cyber attacks

 4.2 Dynamic nature of cyber threats warrants increased spending on innovative technologies

 4.3 Need to protect cloud data to lead to higher cybersecurity spending

5 Defense Budget Spending Review

 5.1 European capital expenditure expected to increase during the forecast period

 5.2 Asian defense budgets expected to increase at a robust pace

 5.3 North American defense expenditure projected to increase marginally during the forecast period

 5.4 Modernization programs likely to drive defense expenditure in South American countries

 5.5 Military budgets of African countries expected to increase during the forecast period

 5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period

6 Defense Modernization Review

 6.1 Financial constraints causing delays in European defense modernization programs

 6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions

 6.3 Global economic slowdown leading to defense budget cuts in the North American region

 6.4 Need to replace aging equipment driving South American defense expenditure

 6.5 Security threats increasing the defense budget of African countries

 6.6 Demand for air defense systems is likely to increase in the Middle East

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