Press release
Adaptive Security Market Size to Reach US$ 18.5 Billion, Globally, by 2027 at 15.54% CAGR
Adaptive Security Market Report
What are the growth prospects of the adaptive security industry?
The global adaptive security market size reached US$ 7.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2027, exhibiting a growth rate (CAGR) of 15.54% during 2022-2027.
What is a adaptive security?
Adaptive security is an approach to cybersecurity that analyzes behaviors and events for protecting and adapting against threats by constantly monitoring user sessions. It assists in scrutinizing and identifying malicious traffic, anomalies, and vulnerabilities in real time and implements endpoint security. It counters advanced threats and offers prioritization and filtering of security breaches and faster resolution time.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the adaptive security market?
The increasing incidence of cybersecurity breaches and data thefts and the rising instances of various online fraudulent activities are among the major factors driving the demand for adaptive security solutions around the world. Moreover, the growing employment of cybersecurity solutions in small and medium-scale enterprises (SMEs) is influencing the market positively. In addition, there is an increase in the adoption of adaptive security solutions in the banking, financial services and insurance (BFSI) sector to protect sensitive customer data and financial transactions and prevent unauthorized access. Along with this, the rising use of online banking applications is favoring the market growth. Apart from this, the incorporation of connected devices with the Internet of Things (IoT), machine learning (ML), and artificial intelligence (AI) in adaptive security solutions are creating a positive outlook for the market. Furthermore, governments of numerous countries are undertaking measures to promote the safety and privacy of user data, which is projected to fuel the market growth.
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
Service
Solution
Breakup by Deployment Model:
On-premises
Cloud-based
Breakup by Application:
Application Security
Network Security
End Point Security
Cloud Security
Others
Breakup by End User:
BFSI
Government and Defense
Manufacturing
Healthcare
Energy and Utilities
IT and Telecom
Others
By Geography:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
Cisco Systems Inc
Cloudwick Technologies Inc
FireEye Inc
Hewlett Packard Enterprise Company
Illumio Inc
Juniper Networks Inc
Oracle Corporation
Rapid7 Inc
RSA Security LLC
Trend Micro Incorporated
WatchGuard Technologies Inc
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