Global information security products industry expected to reach $ 83 billion by 2027 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “Information Security Products – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer.

Amid the COVID-19 crisis, the global market for information security products, estimated at US $ 56.8 billion in 2020, is expected to reach a revised size of US $ 83 billion by 2027, with a CAGR of 5.6% over the analysis period 2020 -2027.

Identity Access Management, one of the segments analyzed in the report, is expected to register a CAGR of 6.6% and reach $ 16.1 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Infrastructure Protection segment is readjusted to a revised CAGR of 5.4% for the next 7-year period.

The US market is estimated at $ 15.3 billion, while China is expected to grow at 9.9% CAGR

The market for information security products in the United States is estimated at US $ 15.3 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 19.4 billion. ‘by 2027, after a CAGR of 9.9% over the analysis period 2020 to 2027. Other notable geographies include Japan and Canada, each forecasting growth of 1.9% and 4.6% respectively over the period 2020-2027. In Europe, Germany is expected to grow at a CAGR of around 3%.

Network Security Equipment Segment Reports 5.8% CAGR

In the global network security equipment segment, the United States, Canada, Japan, China and Europe will lead the estimated CAGR of 5.3% for this segment. These regional markets representing a combined market size of US $ 9.8 billion in 2020 will reach a projected size of US $ 14.2 billion by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 12 billion by 2027, while Latin America will grow at a CAGR of 6.5 % during the analysis period.

Selected competitors (total 339 presented):

  • IBM Company

  • Cisco Systems, Inc.

  • Symantec Company

  • Trend Micro

  • Hewlett Packard Enterprise Development LP

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global market trajectories

  • Impact of Covid-19 and an impending global recession

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND FACTORS

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES

  • CANADA

  • JAPAN

  • CHINA

  • EUROPE

  • FRANCE

  • GERMANY

  • ITALY

  • UK

  • SPAIN

  • RUSSIA

  • THE REST OF EUROPE

  • ASIA PACIFIC

  • AUSTRALIA

  • INDIA

  • SOUTH KOREA

  • REST OF ASIA PACIFIC

  • LATIN AMERICA

  • ARGENTINA

  • BRAZIL

  • MEXICO

  • REST OF LATIN AMERICA

  • MIDDLE EAST

  • IRAN

  • ISRAEL

  • SAUDI ARABIA

  • UNITED ARAB EMIRATES

  • REST OF MIDDLE EAST

  • AFRICA

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/eahwpr


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