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Global Cyber Security Market 2017-2021| Increasing IT Security Budget Positively Impacts the Global Market| TechnavioAccording to the market research report released by Technavio, the global cyber security market is expected to accelerate at a CAGR of almost 13% during the forecast period. The implementation of firewall as a disruptive deception capability is one of the key factors triggering the growth of the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181018005627/en/ 
According to the market research report released by Technavio, the global cyber security market is expected to accelerate at a CAGR of almost 13% until 2021. (Graphic: Business Wire) This research report titled 'Global Cyber Security Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing/b> The market research analysis categorizes the global cyber security market into the following deployments:
In 2016, the on-premises cyber security solutions segment accounted for 74% of the global market and is projected to decline to 68% by 2021, exhibiting almost 6% decrease in market share. Global cyber security market: Top emerging trend The adoption of hybrid model is an emerging trend in the cyber security market space. Cloud-based security solutions can result in confidential data loss, such as financial information of a customer. The on-premises security solutions require high investment by the organization. This is driving many industries, including small businesses, to adopt hybrid deployment models. Hybrid cyber security is less expensive in comparison to the traditional full license security solutions as they follow the pay-per-use model. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Technavio's report provides expert market research on the following topics: Executive Report
Market Insights
Market Segmentation Analysis
Vendor Landscape
About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: https://www.businesswire.com/news/home/20181018005627/en/ |
