Asia-Pacific Cyber Security Market 2015-2019 - Demand for Cloud-based Security Solutions with BAE Systems, Cisco Systems, Lockheed Martin, Northrop Grumman, Raytheon & Symantec Dominating

News provided by

Research and Markets

01 Apr, 2015, 11:57 GMT

DUBLIN, Mar. 30, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/gf4j79/cyber_security) has announced the addition of the "Cyber Security Market in the APAC Region 2015-2019" report to their offering.

Continue Reading
This image opens in the lightbox
600769
This image opens in the lightbox

The analysts forecast the Cyber Security market in the APAC region to grow at a CAGR of 15.15 percent over the period 2014-2019.

Cyber threats are internet-based attempts that disrupt or damage IT systems and hack critical information using spyware, malware, and phishing. Cyber security solutions help organizations detect, monitor, report, and counter cyber threats and maintain the confidentiality of IT systems. Increased internet penetration has led an exponential rise in sophisticated attacks on IT business infrastructure. Organizations are increasingly adopting cyber security solutions to protect critical data or any digital asset stored in a computer or any digital memory device. Cyber threats are becoming the major concern with the increase in usage of mobile devices and applications.

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.

According to the report, one of the major drivers of the market is increased use of mobile devices such as tablets and laptops, which has made it difficult to identify cyber threats. With the rising need to integrate networks with mobile devices of employees, demand for security solutions to prevent misuse of confidential data through fraudulent activities has also been on the rise.

Further, the report states that high cost of deployment of cyber security solutions is one of the major challenges for the market. Implementing a traditional cyber security solution takes time. This makes the implementation process very critical because once deployed, making changes to it becomes an expensive affair. Also, it requires additional high-cost IT infrastructure, complex programming, and extra time to ensure quality and integration with other solutions.

Key Vendors

  • BAE Systems
  • Cisco Systems
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Symantec

Other Prominent Vendors

  • Boeing
  • CSC
  • EMC
  • Fortinet
  • Hewlett-Packard
  • IBM
  • Kaspersky Lab
  • L-3 Communications
  • McAfee
  • TrendMicro

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Profile: APAC Region
  6. Summary of Figures
  7. Introduction
  8. Market Insights
  9. Market Description
  10. Market Landscape
  11. Key Leading Geographies
  12. Buying Criteria
  13. Market Growth Drivers
  14. Drivers and their Impact
  15. Market Challenges
  16. Impact of Drivers and Challenges
  17. Market Trends
  18. Trends and their Impact
  19. Vendor Landscape
  20. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/gf4j79/cyber_security

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net