Global Demand for Cyber Security of Security Hardware expected to Grow Steadily in Coming Years: Forecast Report 2017-2022

Published on : Mar 21, 2017

Albany, New York, March 21, 2017: In today's business world, companies are constantly having to protect and monitor all forms of technology because the proliferation of cyber-attacks is causing increasing damage to companies, governments and individuals. According to a new study, the cyber security market is growing rapidly, mainly due to the growing security needs of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends and increased deployment of web & cloud-based business applications. This study has been recently placed in the huge archive of Market Research Hub (MRH) and titled as “Global Cyber Security of Security Hardware Sales Market Report 2017. To analyze the market future growth, the researchers have considered the forecast period of 2017 to 2022.

Cybersecurity, also popularly known as information technology security is an area of specialization that enables protection from attacks such as unauthorized access, hacking, injection of codes such as virus and Trojans and other vulnerabilities. Also, technical innovation in various enterprises throws up new online dangers. Therefore, securing vital and confidential information like- banking information, client data and passwords from several forms of online attacks such as hacking, virus and spyware, became a necessity for organizations. To overcome these issues, organizations need to respond to the increased threat by adopting strict cyber security measures. It is one of the key factors for the global market which is expected to grow substantially in coming years.

The study delivers an in-depth analysis of the global market and studies sales of cyber security of security hardware, especially in Europe, China, United States and Japan. Additionally, revenue, market share and growth rate are also analyzed from the period 2011 to 2021. In the initial section of the report, the report starts by providing a brief snapshot of the cyber security of security hardware market overview.

For a comprehensive study, the report’s authors have segmented the global market on the basis of types, applications and region. On the basis of types, there are various security measures are used widely, such as

  • Biometric Systems
  • Safety Certification
  • Authentication Token
  • Smart card
  • IDS
  • Security Applications
  • Firewall
  • IPS
  • SCM and others

On the basis of applications, the market covers several major sectors where the cyber security is in massive demand. The growing use of cyber security in industries such as Education, Enterprise, Financial, Medical and the government sector will propel the global market growth.

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Moving further, the report also comprises a section of market dynamics which examines the key drivers, challenges and opportunities for the industry participants and established players in the market. Currently, major players operating in the market are as follows:

  • 360 Enterprise Security
  • Venustech
  • Symantec Corporation
  • Westone
  • Nsfocus
  • Sangfor
  • H3C
  • Huawei
  • Topsec
  • Asiainfo
  • DBAPPSecurity Ltd.

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