The cyber security market across the globe has been enormously fueled by a considerable growth in the online and digital data that escorts augmented threats from the attackers.
In the recent past years, the cyber security market has witnessed an effective growth whereas, in the present trends, the Symantec has the sturdiest control in the overall cyber security market. The Symantec’s end point security solutions are the mainstream reliable and preferred upon in the worldwide market. Moreover, the requirement for the impeccable security goods would be enormous and the security corporates would have the major profitable time in the decades around the globe.
Additionally, the retail sales of the antivirus and antimalware products to the home-user sector through the offline and online organized retail outlets across the globe produced effective revenues. Not only has this, based on the mode of sales, major of the requirement of the antivirus goods came from the offline mode in lieu of the corporate sector registering for the mainstream of the sales volume. The onset of the Indian enterprises which majorly involves K7 and Quick Heal into the corporate sector has boomed the future trends of the market in India.
The Brazil is experiencing a digital revolution with the few parallels in the under developed globe. The rate of the digital dissemination and the social media acceptance has grown exponentially over the recent past years. The requirement for the cyber security solutions has risen more significantly due to the growing usage of the smart phones, increasing number of online transactions and increasing number of startups in the region. In Brazil, there are thousands of endeavors to attack the information and communications technology systems in day to day life. The growing cyber crimes problems across the regions are the foremost driver for the growth of the cyber security industry.
The antivirus and antimalware market has augmented at a robust rate in the recent past years. The Brazil region comes among the top ten markets for the software across the globe. In the country, the cyber criminals take the advantages of popular sports and numerous championships.
Enterprises are enormously accepting the data analytics and cloud based solutions, which has upstretched the requirement for the managed cyber security services. Not only has this, the acceptance of the stringent regulations and government laws in the some of the regions in order to deliver the security to the organizations crucial information is consequently generating the requirement to accept managed security services which is predicted to fuel the growth of the market in the coming years. Therefore, in the near future, it is anticipated that the market of cyber security across the globe will increase more significantly over the coming decades.
The Intrusion Detection Systems Market across the globe is predicted to increase by the double digit CAGR. This market will be generally fueled by the sale if firewall and the intrusion detection devices which will attain mainstream of the market share respectively. Generally, the market will increase owing to the demands of the network security which major of the corporate fell as the basic necessity in the today’s ever developing cyber threat dynamics. The cloud security is one of the technologies which will have a broad impression on the market.
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Ankur Gupta, Head Marketing & Communications