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Information Security Products and Services Market to Grow USD 162.57 Bn | Increased Internet Dependence to Boost Growth | Technavio
Tuesday, October 19, 2021
NEW YORK, Oct. 11, 2021 /PRNewswire/ --The information security products and services market size is set to grow by USD 162.57 billion from 2021 to 2025, according to Technavio. The report offers a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and the market behavior across geographies.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Broadcom Inc., Cisco Systems Inc., CrowdStrike Holdings Inc., Fortinet Inc., Trend Micro Inc., Juniper Networks Inc., McAfee LLC, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, and International Business Machines Corp. are some of the major market participants. The increased dependence on the internet and an increase in the number of smart connected devices will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Information Security Products and Services Market 2021-2025: Segmentation
-- Type
-- Hardware
-- Software
-- Services
-- Geography
-- North America
-- Europe
-- APAC
-- South America
-- MEA
-- Deployment
-- Cloud Security
-- On-premise Security
Learn about the factors assisting the growth of the market across various segments. Download a Free Sample Here
Information Security Products and Services Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the information security products and services market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Broadcom Inc., Cisco Systems Inc., CrowdStrike Holdings Inc., Fortinet Inc., Trend Micro Inc., Juniper Networks Inc., McAfee LLC, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, and International Business Machines Corp.
The report also covers the following areas:
-- Information Security Products and Services Market size
-- Information Security Products and Services Market trends
-- Information Security Products and Services Market industry analysis
The information security products and services market is fragmented, and the degree of fragmentation will accelerate over the forecast period. The emergence of advanced and sophisticated threats will offer immense growth opportunities. However, the complexity of network infrastructure will hamper market growth.
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Information Security Products and Services Market 2021-2025: Key Highlights
-- CAGR of the market during the forecast period 2021-2025
-- Detailed information on factors that will assist information security
products and services market growth during the next five years
-- Estimation of the information security products and services market size
and its contribution to the parent market
-- Predictions on upcoming trends and changes in consumer behavior
-- The growth of the information security products and services market
-- Analysis of the market's competitive landscape and detailed information
on vendors
-- Comprehensive details of factors that will challenge the growth of
information security products and services market vendors
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Information Security Products and Services Market Scope
Report Coverage
Details
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Page number 120
---
Base year 2020
---
Forecast period
2021-2025
---
Growth momentum & CAGR Accelerate at a CAGR of over 16%
---
Market growth 2021-2025
USD 162.57 billion
---
Market structure
Fragmented
---
YoY growth (%) 13.82
---
Regional analysis North America, Europe, APAC, South
America, and MEA
---
Performing market
contribution North America at 34%
---
Key consumer countries US, China, UK, Germany, and Japan
---
Competitive landscape Leading companies, competitive
strategies, consumer engagement
scope
---
Broadcom Inc., Cisco Systems Inc.,
CrowdStrike Holdings Inc.,
Fortinet Inc., Trend Micro Inc.,
Juniper Networks Inc., McAfee LLC,
Check Point Software Technologies
Ltd., Hewlett Packard Enterprise
Development LP, and International
Companies profiled Business Machines Corp.
---
Parent market analysis, Market
growth inducers and obstacles,
Fast-growing and slow-growing
segment analysis, COVID 19 impact
and future consumer dynamics, and
market condition analysis for the
Market Dynamics forecast period.
---
Customization purview If our report has not included the
data that you are looking for, you
can reach out to our analysts and
get segments customized.
---
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 17,000 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.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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