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Global Cyber Security Market, 2015 – 2021

Global cybersecurity market will reach USD 181.77 billion by 2021, growing at a CAGR of 9.5% from 2015 to 2021.

Global cybersecurity market will reach USD 181.77 billion by 2021, growing at a CAGR of 9.5% from 2015 to 2021.

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<strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong><br />

Zion <strong>Market</strong> Research has published a new report titled “<strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong> (Network<br />

<strong>Security</strong>, Cloud <strong>Security</strong>, Wireless <strong>Security</strong>, and Others), By Solution (Identity and<br />

Access Management (IAM), Encryption, Risk and Compliance Management, Data Loss<br />

Prevention, Antivirus And Antimalware, Firewall And Others), By Vertical (Aerospace,<br />

Government, Financial Services, Telecommunication, Healthcare And Others): <strong>Global</strong><br />

Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends<br />

and Forecast, <strong>2015</strong> <strong>–</strong> <strong>2021</strong>”. According to the report, global cyber security market was<br />

valued at USD 105.45 billion in <strong>2015</strong>, is expected to reach USD 181.77 billion in <strong>2021</strong> and is<br />

anticipated to grow at a CAGR of 9.5% between 2016 and <strong>2021</strong>.<br />

Internet security or cyber security is a branch of computer security specifically related to<br />

internet. Internet has given rise to new opportunities almost in every field such as business,<br />

sports, education or entertainment and many others. However, internet has its own drawbacks<br />

like cyber crime, where the computer used for various types of thefts and crime. Various types<br />

of cyber crimes include hacking, software piracy, denial of service attack, and cyber terrorism.<br />

Purpose of cyber security is to establish rules and measures to use against cyber crimes over<br />

the internet.

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