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Proactive Security Market by Solution, Service, Organization Size, Industry Vertical And Region - Global Forecast to 2023

Proactive Security Market: Global Forecast until 2023

  • July 2018
  • 175 pages
  • ID: 5472851
In this report:
Europe is estimated to account for the second largest market share of ##.##% in 2018 and is expected to grow at a CAGR of ##.##% during the forecast period, as companies in this region are looking to adopt proactive security solutions.
MEA is estimated to account for a market share of ##.##% in 2018, growing at a CAGR of ##.##% during the forecast period, while Latin America is estimated to account for a share of ##.##% in 2018 and is expected to grow at a CAGR of ##.##% during the forecast period.


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The strategic shift toward proactive security due to growing sophistication in attacking techniques across the world is driving the proactive security market

The overall proactive security market size is forecasted to grow from ~$20.7B in 2018 to ~$41.8B by 2023, at a Compound Annual Increase rate of 15.10 percent during the forecast period. The industry is influenced by strategic shift toward proactive security due to rising sophistication in attacking techniques, increasing need to manage stringent regulations and compliances, and increasing adoption of IoT, smart mobile devices, and BYOD trends. On the other hand, budgetary constraints to deploy proactive cybersecurity solutions may restrain the proactive security market rise.

The risk and vulnerability management solution is envisaged to hold the biggest sector size in the proactive security market.

The risk and vulnerability management solution is projected to hold the largest part of market share in 2018.Risk and vulnerability management benefits companies identify the existing cybersecurity posture of their information systems and infrastructure.

Different assessments are carried out to provide recommendations to organizations for bringing about improvements in their cybersecurity strategies, enabling them to attain their security goal, handle vulnerabilities, and mitigate risks.The risk and vulnerability management segment has witnessed a tremendous increase in the recent years, due to its features that provide direction to assess risks combined with security weaknesses and the evolving threats.

This process offers institutions with a better understanding of assets, security flaws, and global risks, reducing the possibility that a cybercriminal would breach their systems and catch the business sector off guard.

The big enterprises segment is planned to hold a larger market size during the outlook period.

The considerable enterprises segment is intended to hold a larger market size in the proactive security market during 2018-2023.Significant enterprises are the early adopters of proactive security software and associated services.

Though important enterprises have the necessary budgets to use on-premises proactive security software, they are moving toward the cloud deployment mode to avail benefits, including increased availability, high scalability, and the low cost of deployment. Nevertheless, many IT environments and the inability of IT systems to communicate with each other are anticipated to be the chief reasons for the increased deployment of proactive security software and services among big enterprises.

North America (NA) is forecasted to hold the biggest market share, because Asia-Pac to grow at the highest compound annual growth rate (CAGR).

North America continent is forecasted to hold the biggest industry size and dominate the overall proactive security market in 2018.The growing security challenges, due to network complexities, together with meeting strict compliance regulations and enhancing employees' productivity, are pushing organizations in North America (NA) to take proactive security solutions.

Asia Pacific (APAC) affords increase opportunities for main vendors in the proactive security market, as territories in this area are investing heavily in deploying proactive security and compliance management solutions.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people.

The breakup of the profiles of the primary participants is like:

• By Organization: Tier 1 - 11.0 percent, Tier 2 - 23.0 percent, and Tier 3 - 66.0 percent

• By Description: C-suite - 61.0 percent, D-level - 27.0 percent, and Others - 12.0 percent

• By Area: North America continent - 36.0 percent, Europe (EU) - 24.0 percent, Asia-Pac - 28.0 percent, and rest of the world - 12.0 percent

Key proactive security vendors contain IBM (NYSE:IBM), Symantec, McAfee, FireEye, Cisco Systems (NASDAQ:CSCO), Palo Alto Networks, FireMon, LogRhythm, CyberSponse, RSA Security, Rapid7, Demisto, ThreatConnect, Phantom, Securonix, Corvil, Qualys, Siemplify, Skybox Security, Centrify, Oracle Corporation (NYSE:ORCL), Swimlane, AlienVault, Trustwave, and Aricent.

Segment Research

The research study segments the proactive security market by solution, service, organization size, vertical, and area.On top of, it includes the factors that are driving the proactive security market, together with the increase opportunities in this sector.

It also comprises the restraining factors and opportunities for the proactive security market. Furthermore, the industry report includes in-depth company profiles of the top actors offering proactive security solutions and services.

The study would benefit the market top players/new sector entrants in the sector in these ways:

1. The document breaks down the proactive security market comprehensively and offers the best approximations of the revenue data for the global market and its sub-segments across localities.

2. The analysis benefits partners distinguish the pulse of the sector, and offers them information about main market drivers, market restraints, opportunities, and alternatives.

3. The market research benefits partners comprehend their players better and acquire additional insights to enhance their positions in their businesses. The competitive outlook section includes competitor ecosystems, new industry product developments, alliances, and mergers and acquisitions.

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