- The key vendors in the Cyber Security Market in the APAC Region 2015-2019 are BAE Systems plc, Cisco Systems Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co. and Symantec Corp.
London, 03 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Cyber Security Market in the APAC Region 2015-2019. Demand for cloud-based security solutions is one key trend emerging in this market. End-users prefer cloud-based security solutions because they are cost-effective and can be easily managed. Therefore, both large enterprises and SMEs in the APAC region are increasingly adopting cloud-based cyber security solutions. The Cyber Security market in the APAC region is expected to grow at a CAGR of 15.15 percent over the period 2014-2019.
“The need to protect networks from advanced cyber threats has led to adoption of multiple security solutions such as cyber security, web security, email security, data loss prevention, endpoint security, and network security solutions worldwide,” says Faisal Ghaus, Vice President of TechNavio Research.
“Organizations are opting for converged security solutions, which is a combination of several security solutions. The market for converged security solutions such as Unified Threat Management and Next-generation Firewalls is growing rapidly.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
