Internet Security Market Growth and Segments,2015-2025 FMI | Page 3

Report Description Report Description The Internet security market is forecasted to witness staggering growth, according to Future Market Insights. During the forecast period 2015-2025, the global market for Internet security is expected to cover almost all verticals, including government, manufacturing, retail, IT and ICT, education, and BFSI to grow substantially in terms of value. Dynamically evolving cyber threats, rising usage of mobile apps, and growing implementation of IoT and Big Data are the key factors identified for the augmentation of demand for Internet security solutions and services. However, the information security market will continue to face a challenge due to the lack of adequate talent force. North America is anticipated to retain the top market position, while the Asia Pacific region will exhibit dramatically rapid growth in the Internet security market, through to 2025. Key Drivers for Increased Adoption of the Internet Security Rising Cyber Threats Number and Severity Dynamically evolving, sophisticated, innovative, and collaborative cyber-attacks prompt at the need for improved security posture. Security specialists are investing efforts in evaluating vulnerabilities in older technologies, which are popularly used today. Advancement of new technologies fuel new security risks, boosting the demand for security solutions. Growing Use of Cloud and IoT Although the establishment of cloud technology, Big Data, and IoT are constantly facing multiple challenges, Internet security is found to be the first priority to be addressed, which is why SMEs and corporate are expected to be more inclined toward the adoption of trustworthy security