Cyber security or cyber defense, involves the steps used to protect the computers, networks, programs and data from theft, unauthorized access, change or damage. This includes a number of operations such as application security, information security, network security, disaster recovery, and end-user education.
Cyber threat is increasing due to factors like growing use of mobile devices, web, social media and internet of things (IoT). Lately, surge in terrorist outfits engaging in cyber warfare is posing serious security concerns. Owing to the increased threat, governments are framing stringent IT laws and regulations to protect their countries from such threats, as well as from cyber warfare. As per latest update, over 140 countries have already funded cyber weapon development programs.
Cyber security market is anticipated to grow at a high single-digit CAGR during 2015-20, primarily driven by aerospace, defense and intelligence sectors. Europe and North America are the major contributors to this growth; however, cyber security market in the Asia Pacific is also growing of late, majorly driven by India, China and other South Asian countries.
The major sectors for growth in cyber security are security analytics / security information and event management (SIEM), threat intelligence, cloud and mobile security. Top players in this market are IBM corporations, Booz Allen Hamilton, CSC, Northrop Grumman, Sophos, Lockheed Martin, Symantec, Intel Corporation and Trend Micro among others.
ASDReport.com has an extensive coverage on cyber defense / IT market. The reports cover various technologies and threats emerging in the cyber security like, next generation cyber security, critical infrastructure protection, aviation cyber security, network access control, IT security, digital security, advanced persistent threat protection, SSL certification, public safety ICT, among others.