Proactive Security Market overview
Theglobal Proactive Security Industry has been estimated to generate approximately USD 87.2 billion by 2030.. Further, the same market is anticipated to grow at 15.80% of CAGR during the assessment period.
Large enterprises, small- and medium-sized enterprises, and managed service providers are widely focusing on proactively safeguarding data to prevent data breaches and cyberattacks. The demand for a proactive security system is increasing among the population because of the increasing connected devices along with the increasing adoption of smart mobile devices, IoT, and BYOD among enterprises.
The global Proactive Security Market is propelling market growth due to compliance with stringent data protection standards and regulations. However, the global market might face restraints because of the budgetary issue to deploy proactive cybersecurity solutions in the research period.
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Market Segmentation
According to the global proactive security market report, the present market is segmented in terms of organization size, component, and vertical.
Depending on the organization size segment, the worldwide market has been segregated into large enterprises and small- and medium-sized enterprises (SME). Based on the vertical segment, the global market has been segmented into banking, financial services, and insurance (BFSI),manufacturing,retail and e-commerce,IT and telecommunication,healthcare and life sciences,energy and utilities,government and defense,and others.
In terms of the component segment, the current market has been classified into services and solutions. Further, the services segment has been sub-classified into managed services and professional services. On the other hand, the solution segment has been sub-classified into attack simulation,security monitoring and orchestration,advanced malware protection, security analytics, andrisk and vulnerability management.
Regional Analysis
Based on the regional classifications, the global proactive security market has been classified into four major regions such as Asia-Pacific,Europe, North America, and the rest of the world.
Among all regions, the North American market is registered to acquire the highest market share during the forecast period due to the rising sophistication of cyber-attacks that led to adopting the strategy of proactive security solutions among the enterprises. Of this North American market, the US dominates the market because of the growing partnership and initiative among the key players to enhance the product with advanced technology. Moreover, the US is expanding due to the early adoption of cyber-security solutions among market players and the prevention of growing security breaches and attacks.
Furthermore, the European proactive security market is estimated to be the second-largest market for the research period because of the rising complies with stringent regulations and growing needs of enterprises to function the data confidentiality. In addition, the Asia Pacific market has projected to be the fastest-growing market throughout the review period. This region is growing due to the rising adoption of cloud-based security solutions and the growing adoption of proactive security services among SMEs.
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Industry News
In February 2018, the prominent market player Trustwave Holdings, Inc. (US) had announced the launch of a proactive threat hunting service. This had the aim to provide services for the government sector that can strengthen the cyber defenses and prevent an attack through identifying threats related to cybersecurity as soon as possible.
Key Players
The key players in the global proactive security market are IBM Corporation (US), Corvil (Ireland), Altran (France), Cisco Systems Inc. (US), Palo Alto Networks, Inc. (US), Securonix, Inc. (US), LogRhythm, Inc. (Netherlands), Rapid7 ( US), Symantec Corporation (US), FireEye, Inc. (US), McAfee, LLC (US), CyArx Technologies LTD (US), Oracle Corporation (US), AT&T (US), and FUJITSU (Japan). The key strategies adopted by most of the players are partnerships, agreements, collaborations, and the launch of solutions.
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