Global Cyber Security Market to be Worth $76.68bn in 2014

Monday 17 February 2014, London

New analysis, available on ASDReports, indicates that the cyber security market is set to be worth $76.68bn in 2014, as exceedingly high-demand continues for information security solutions.

The author of the cyber security report comments that: ‘Cyber security remains a significant challenge for developed markets, with the capacity to cause significant (and embarrassing) disruption to a range of modern infrastructures and networked systems. Spending, globally, continues to remain elevated as the cyber security market seeks greater definition and maturity; with the rapid pace of the development of solutions in response to the evolving threat landscape, the future horizon for security is ever broadening. While the first initial rush towards securing networks in developing countries may be lessening, growth is still robust and is being complemented by additional high expenditure in both developing markets and those developed markets whose threat calculus remains active.’

The report has 358 pages and contains 269 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the cyber security market. This new study provides a range of forecasts for the period 2014-2024, as well as for 4 market sectors (government, military, critical infrastructure, and private sector) of the cyber security market. In addition, the 13 leading national cyber security systems markets are analysed over the period 2014-2024 (as well as an analysis of the ‘Rest of the World’ market with additional subdivision into an additional 15 national markets) which are subdivided into market sectors.  Furthermore, there are seven submarkets forecast and analysed: network security, security operations, data security, identity and access, endpoint security, application security, and cloud security. The report also provides profiles of 14 leading companies operating within the market, including an interview with Symantec.

The Cyber Security Market Forecast 2014-2024: Prospects For Leading Companies in Military, Government, Critical Infrastructure & Private Sector Protection report will be of impressive value to current, and future, investors into the cyber security industry, as well as to companies and research centres who wish to broaden their knowledge of the cyber security market. The report includes an extended (and critical) focus on national cyber security policies, and the comparison with other states is likely to be of interest to government agencies.