Global Market Research Company US India Cybersecurity Market Forecast and Opportunit | Page 6

PRODUCT OVERVIEW • Cybersecurity refers to the set of technologies, procedures and processes designed to protect computers, data, network and programs from unauthorized access, damage or cyberattacks. Depending upon the organizational needs, type of the protection and degree of damage repair required, cybersecurity can be classified as Network Security, Physical Security, Application Security, Data Security, Cloud Security and others. • With growing data privacy and security vulnerability, coupled with increasing number of hi-tech ransomware attacks, cost of data breach is also on the constant rise, thereby driving the adoption of cybersecurity solutions across major end use sectors such as Government, BFSI, Defense, Healthcare, IT & Telecom and others. • Moreover, owing to increasing adoption of Social, Mobile, Analytics and Cloud (SMAC) technologies, in addition to the emergence of hyperconnected World of Everything era, demand for vertical-specific cybersecurity solutions is also anticipated to grow expeditiously in the coming years. • Prominent vendors in the market include Cisco, Symantec, IBM, McAfee and others. Overview of Cybersecurity Spear Phishing Ransomware Attacks Web-based Attacks Malware       Network Security Data Security Endpoint Security Cloud Security Wireless Security Data Loss Prevention Common Types of Cyberattacks Source: TechSci Research © TechSci Research 6