Proactive Security Market: Introduction
Continuous advancements in analytics have enabled systems to constantly mine data for significant information and acquire knowledge about a system. This can be prevented from happening in future by using proactive security solutions against the anticipated threats. The demand for artificial security solutions (to provide protection against increasing physical, digital and cybercrimes) is increasing with the introduction of such systems.
As a whole, proactive security system comprises solutions and services. Some of the solutions offered by proactive security systems are risk and vulnerability management, analytics security solutions and security monitoring and security orchestration. Further, these services are further divided into professional (such as consulting, integration, support and maintenance, etc.) and managed services. Physical security systems, such as pressure sensors, surveillance cameras, keycard readers, are also a part of proactive security systems.
Proactive security has witnessed significant traction in the past four years as these solutions offer advanced security solutions. In addition to this, with increasing awareness about security requirements amongst enterprises, the proactive security market is expected to exhibit double digit growth rate during the forecast period.
Proactive Security Market: Market Dynamics
Increasing adoption of technologies, such as internet of Things (IoT), connected devices and Bring Your Own Device (BYOD), is expected to supplement the growth and demand for proactive security. The demand for proactive security is, furthermore, expected to be complimented by the increasing number of security breaches, cyber-attacks, etc. In addition to this, increasing penetration of cloud technology will boost the demand for proactive security. On the basis of industry verticals, the BFSI segment enjoyed significant market share in 2017 in the global proactive security market.
However, complexities associated with the implementation of proactive security are considered to be a major factor challenging the growth of the proactive security market across the globe.
In addition to this, lack of awareness and skilled labor to implement proactive systems in regions lacking technological advancements may also hinder the adoption of proactive security systems during the forecast period. These factors, as a result, are expected to be the primary restraining factors for the growth of the global proactive security market.
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Proactive Security Market: Segmentation
The global proactive security market can be segmented on the basis of component, enterprise type, industry vertical and region.
Segmentation for Proactive Security Market by Component:
On the basis of component, the proactive security market can be segmented into:
- Managed Services
- Professional Services
Segmentation for Proactive Security Market by enterprise type:
On the basis of enterprise type, the proactive security market can be segmented into:
- Large Enterprises
- Small and Medium Sized Enterprises
Owing to increasing establishment of small- and medium-sized enterprises globally and growing industrialization and digitalization, especially in developing countries, the small and medium sized segment is expected to witness high growth rate during the forecast period in the global proactive security market.
Segmentation for Proactive Security Market by industry vertical:
On the basis of industry vertical, the proactive security market can be segmented into:
- IT and Telecommunication
Proactive Security Market: Regional Overview
By geography, the proactive security market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, SEA and others in Asia Pacific and Middle East & Africa. Among these regions, North America is expected to dominate the global proactive security market during the forecast period owing to the high presence of various proactive security vendors and high volume of cyber-attack incidences in the region.
Asia Pacific (including Japan and China) and Europe are expected to follow North America in the global proactive security market. The Asia Pacific (including China and Japan) proactive security market is, however, expected to exhibit highest growth rate during the forecast period owing to the increasing penetration of internet (complimented by increasing cybercrimes) and establishment of new small and medium sized enterprises, vulnerable to cyber-attacks, in the region.
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Proactive Security Market: Key Players
Some of the key players in the proactive security market are :
- IBM Corporation,
- Symantec Corporation,
- MindPoint Group,
- McAfee, LLC,
- Cisco Systems, Inc.
The report covers exhaustive analysis on:
- Global market segments
- Global market dynamics
- Historical actual market size, 2013-2017
- Global market size & forecast 2018-2028
- Supply & demand value chain for market
- Global market current trends/issues/challenges
- Competition & companies involved in market
- Value Chain
- Global market drivers and restraints
Regional analysis for Global proactive security market includes
- North America market
- Latin America market
- Rest of Latin America
- Western Europe market
- Rest of Western Europe
- Eastern Europe market
- Rest of Eastern Europe
- SEA and other Asia Pacific countries market
- Rest of SEA and other Asia Pacific countries
- Japan market
- China market
- Middle East and Africa market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.