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Adaptive Security Market by Component, Application, Deployment Mode, Organization Size, Vertical, Region - Global Forecast to 2021

Adaptive Security Market: Global Forecast until 2021

  • September 2016
  • 163 pages
  • ID: 4198689
In this report:
THIS SEGMENT IS EXPECTED TO GROW FROM USD ##.## MILLION IN 2016 TO USD ##,##.## MILLION BY 2021, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD, AS THE ORGANIZATIONS HAVE STARTED USING LARGE NUMBER OF APPLICATIONS FOR BUSINESS OPERATIONS THAT ARE NEEDED TO BE SECURED FROM THREATS AND VULNERABILITIES.
THIS SEGMENT IS EXPECTED TO GROW FROM USD ##.## MILLION IN 2016 TO USD ##.## MILLION BY 2021, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD, AS THE ORGANIZATIONS HAVE MOVED THE CRITICAL BUSINESS APPLICATIONS ON CLOUD AND THE SECURITY OF THESE APPLICATIONS IS OF UTMOST PRIORITY.

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"The need to defend against advanced cyber-attacks will drive the adaptive security market"

The adaptive security market size is forecasted to grow from ~$3.5B in 2016 to ~$7.1B by 2021, at an estimated compound annual growth rate of 14.90 percent. The adaptive security market is influenced by Elements such as need to defend against advanced threats, limitations of traditional security solutions, and need for security compliances and regulations. Because, high innovation cost & budget constraints, and lack of visibility across IT infrastructure limit the increase of adaptive security market.

"Managed services segment is anticipated to grow at topmost cagr during the outlook period"

The institutions are quickly increasing their partnership networks to deploy the security solutions across globe. Therefore, the managed services segment is anticipated to increase at the maximal compound annual growth rate (CAGR) during the estimate period. Nevertheless, professional services segment is planned to have the biggest sector size in 2016.

"Application security segment is anticipated to rise at topmost cagr during projection period"

Application security segment is forecasted to grow at the highest CAGR (Compound annual growth rate) during the outlook period, due to the increased adoption of web and mobile applications that are attacked by hackers for accessing sensitive data of users. As well, network security will have most important market size in 2016, as the networks are primarily being targeted by cybercriminals using advanced attacking techniques.

"Asia Pacific (APAC) is intended to have the maximum growth rate during the estimate period"

Asia-Pacific includes emerging economies, such as china (CN), Australia (AU), Singapore (SG), and India (IN), which are quickly deploying adaptive security solutions. Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. This is primarily due to increase in cyber-attacks in verticals including BFSI and IT & Telecom with the increasing volume of online payments and transactions. Additionally, North America continent is forecasted to have the biggest industry size in 2016.

Comprehensive interviews were managed with CEOs, marketing directors, other innovation and technology directors, and executives from numerous main institutions operating in the adaptive security market place.

- By Company Type: Tier 1: 55.0 percent, Tier 2: 20.0 percent, Tier 3: 25.0 percent

- By Designation: C-Level: 60.0 percent, Director Level: 25.0 percent, Others: 15.0 percent

- By area: North america (NA): 10.0 percent, Europe: 20.0 percent, APAC: 40.0 percent, ROW: 30.0 percent

The market research includes the study of top actors offering adaptive security solutions including Cisco Systems (NASDAQ:CSCO), Juniper Networks, Incorporated, Trend Micro, Incorporated, FireEye, Incorporated, Rapid7, Incorporated, Panda Security, Illumio, EMC RSA, Aruba, a Hewlett Packard Enterprise company, and Cloudwick.

Segment Research

The industry report offers a picture on adaptive security solutions and associated services across several verticals and territories. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including components, applications, deployment modes, organization size, verticals, and localities. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global adaptive security market and the sub-segments. This industry report will facilitate partners to better find out the competitor overview and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The market research also benefits the partners to comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

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