Cyber threats are everywhere and they are constantly changing. The challenge for security and IT teams is enabling security, trust and compliance at the speed of digital transformation. The major factors driving the cybersecurity market are increase in the frequency and sophistication of cyber-attacks, emergence of disruptive digital technologies like IoT, stringent data protection regulations for information security and increase in number of supply chain based attacks exploiting the software supply chain.
Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks. The market is expected to reach USD 352.25 billion by 2026, registering a CAGR of 14.5% during 2021-2026. There are various components that requires to plug-in to make a rugged Cyber security environment and that includes, cloud Identity and Access Management (IAM), Data Loss Prevention (DLP), Cloud Intrusion Detection System (IDS)/Intrusion Prevention System (IPS), Security Information and Event Management (SIEM), encryption, and others including disaster recovery and firewall that provide a complete security for public, private, and hybrid deployment types.
Channel Players: Cisco, CheckPoint, Aruba (Clearpass), Fortinet, IBM, RSA, Sophos and Tenable.
