Cyber Security Market worth $170.21 Billion by 2020

With the exponential growth and sophistication of cyber-attacks in the last few years, security solutions and services are in demand to protect the huge confidential data of the government, military, public data, Banking Financial Service and Insurance (BFSI), hospitals, and other business. The report aims at estimating the market size and future growth potential of Cyber Security market across different segments such as security types, solutions, services, verticals and region. The base year considered for the study is 2014 and the market size is forecasted from 2015 to 2020. With the rise in BYOD adoption in SMBs and enterprises, the endpoint device control solution is expected to play a key role in fueling the growth of the market in the next five years.

The global Cyber Security market size is estimated to grow from $106.32 Billion in 2015 to $170.21 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8%.

SecurityLab