Future Analysis For Proactive Security Market Size Forecast By 2020 – 2027
Market Overview
Market Research Future (MRFR), in its newly released research
report, asserts that the global Proactive Security
Market 2020 is flourishing and expected to grow significantly over the
review period, recording a substantial market valuation and a healthy 16.4%
CAGR in the forecast period.
Drivers and Restraints
The proliferation of IoT, smart mobile devices and developments
such as BYOD has increased the number of connected devices in companies,
resulting in the need for a proactive protection program to be in place. A more
significant number of connected devices in the IT infrastructure contributes to
vulnerabilities. And a growing number of businesses opt for proactive security
solutions over-reactive security solutions. The growing number, as well as the
variety of cyberattacks, urged the companies to adopt proactive safety solutions.
Additional factor leading to proactive security industry growth is the growing
need to comply with strict data protection regulations. However, during the
forecast period, the budgetary constraints for implementing proactive cybersecurity
solutions are expected to restrict the market growth. Growing adoption of
cloud-based applications across verticals and the rising pattern of corporate
digital transformation provide lucrative opportunities for crucial proactive
security providers in the global marketplace. A small number of trained
cybersecurity professionals are facing a challenge on the market.
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Segmental Analysis
The global market for proactive security has been analyzed on the
basis of component, organization size, and vertical.
Based on the component, the global proactive security market has
been divided into solutions and services. The solutions segment has been
segmented into security monitoring and orchestration, risk and vulnerability
management, security analytics, attack simulation, and advanced malware
protection. The services segment has been bifurcated as professional services
and managed services.
Based on organization size, the proactive security market has been
bifurcated into small- and medium-sized enterprises (SME) and large
enterprises.
Based on vertical, the global proactive security market has been
segmented into IT and telecommunication, banking, financial services, and
insurance (BFSI), healthcare and life sciences, retail and e-commerce,
government and defense, manufacturing, energy and utilities, and others.
Regional Analysis
The geographical overview of the global market has been conducted
in four major regions, including North America, Europe, the Asia Pacific, Latin
America, the Middle East, and Africa.
However, during the forecast period, the budgetary constraints for
implementing proactive cybersecurity solutions are expected to restrict the
market growth. Growing adoption of cloud-based applications across verticals
and the rising pattern of corporate digital transformation provide lucrative
opportunities for crucial proactive security providers in the global marketplace.
A small number of trained cybersecurity professionals are facing a challenge on
the market.
Europe is projected to be the second-largest market during the
analysis period due to the growing need for businesses to protect data
confidentiality and comply with strict regulations. In the forecast period,
Asia-Pacific is projected to be the fastest-growing region in the global
proactive protection sector. The upsurge in the adoption of proactive security
services among small and medium-sized enterprises and the growing adoption of
cloud-based security solutions are critical drivers for the growth of the
Asia-Pacific proactive safety market.
Competitive Landscape
The significant market players operating in the global market as
identified by MRFR are IBM Corporation (US), Altran (France), Corvil (Ireland)
Cisco Systems Inc. (US), Palo Alto Networks, Inc. (the US), Securonix, Inc.
(the US), LogRhythm, Inc. (the Netherlands), Rapid7 ( US), Symantec Corporation
(US), FireEye, Inc. (the US), McAfee, LLC (US), Oracle Corporation (US), CyArx
Technologies LTD (US), AT&T (US), and FUJITSU (Japan). The key schemes
implemented by most of the players are agreements, partnerships, and
collaborations.
The other players in the proactive security market are Trustwave
Holdings, Inc. (US), Skybox Security, Inc. (the US), Swimlane LLC. (US), Splunk
Inc. (US), Centrify Corporation (US), ThreatConnect Inc. (US), RSA Security
LLC. (US), FireMon, LLC. (US), DEMISTO (US), CyberSponse, Inc. (US), Qualys, Inc.
(the US), and others.
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