Friday 20 March 2020

INFORMATION TECHNOLOGY (IT) SECURITY MARKET DEVELOPMENT, KEY OPPORTUNITY AND ANALYSIS OF LEADING PLAYERS TO 2023

The global market for cybersecurity should grow from $113.4 billion in 2019 to $220.2 billion by 2024 with a compound annual growth rate (CAGR) of 14.2% from 2019 to 2024. The scope of the report includes a general outlook of securities in the IT industry. While most of the information is referenced from reports published by BCC Research during the years 2016, 2017 and 2018, market trends and estimates are updated to the latest base year, i.e. 2018. This report covers only cybersecurity, Internet of Things (IoT) security, and cloud security. The cybersecurity market covers the following technologies: identity and access management (IAM), encryption, data loss protection (DLP), firewall, antivirus and antimalware, disaster recovery, risk, and compliance management, and other solutions.

The IoT security market is only for the commercialized IoT security solutions. It helps readers to understand how the IoT security solutions market will evolve, as well as the trends that will impact its adoption. The report focuses on security solutions that have been developed or customized to meet the unique needs of IoT systems. Services provided for integrating such solutions or managed security services are not included in the scope of this report.

The computer science major jobs and vulnerability technologies market encompasses various technologies used in cloud security and vulnerability applications. The cloud security and vulnerability market by an application is segmented by identity and access management, security information and event management (SIEM), endpoint security, web security, messaging security, network security and vulnerability assessment.

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