Table of Content

1 INTRODUCTION 11
1.1 COVID-19 HEALTH ASSESSMENT 11
1.2 COVID-19 ECONOMIC ASSESSMENT 13
1.2.1 COVID-19 IMPACT ON THE ECONOMY SCENARIO ASSESSMENT 14

2 RESEARCH METHODOLOGY 17
2.1 RESEARCH SCOPE 17
2.1.1 OBJECTIVES OF THE STUDY 17
2.1.2 MARKET DEFINITION 17
2.1.3 INCLUSION/EXCLUSION 17
2.2 ASSUMPTIONS 19
2.3 DATA TRIANGULATION 20
2.3.1 PRIMARY BREAKDOWN 20
2.4 STAKEHOLDERS 21

3 EXECUTIVE SUMMARY 22

4 IMPACT ON THE ECOSYSTEM AND EXTENDED ECOSYSTEM 23
4.1 CYBERSECURITY ECOSYSTEM ANALYSIS, BY STAKEHOLDER 23
4.1.1 TECHNOLOGY PROVIDER 23
4.1.2 SOLUTION DESIGNER AND DEVELOPER/CONSULTANT 24
4.1.3 SYSTEM INTEGRATOR 24
4.1.4 RESELLER 24
4.1.5 MANAGED SERVICE PROVIDER 24
4.2 COVID-19 PANDEMIC-DRIVEN MARKET DYNAMICS AND FACTOR ANALYSIS 25
4.2.1 DRIVERS AND OPPORTUNITIES 25
4.2.2 RESTRAINTS AND CHALLENGES 28
4.2.3 CUMULATIVE GROWTH ANALYSIS 30

5 BUSINESS IMPLICATIONS OF COVID-19 ON THE CYBERSECURITY MARKET 31
5.1 IMPLICATION ON TECHNOLOGY SEGMENTS (PESSIMISTIC, PRE-COVID-19,
AND OPTIMISTIC SCENARIOS) 32
5.1.1 NETWORK SECURITY FORECAST (2019–2021) 32
5.1.1.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 32
5.1.2 APPLICATION SECURITY FORECAST (2019–2021) 33
5.1.2.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 33
5.1.3 ENDPOINT SECURITY FORECAST (2019–2021) 35
5.1.3.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 35
5.1.4 CLOUD SECURITY FORECAST (2019–2021) 37
5.1.4.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 37
5.1.5 DATABASE SECURITY FORECAST (2019–2021) 39
5.1.5.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 39
5.1.6 WEB SECURITY FORECAST (2019–2021) 41
5.1.6.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 41
5.1.7 INDUSTRIAL CONTROL SYSTEMS SECURITY FORECAST (2019–2021) 42
5.1.7.1 Forecast 2019–2021 (optimistic/pre-COVID-19/pessimistic) 42

6 COVID-19 IMPACT ON MAJOR VERTICALS WITH USE CASES AND HOW CLIENTS ARE RESPONDING TO CURRENT SITUATION 44
6.1 BANKING, FINANCIAL SERVICES AND INSURANCE 44
6.1.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 44
6.1.2 KEY USE CASES 44
6.1.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 45
6.2 HEALTHCARE 46
6.2.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 46
6.2.2 KEY USE CASES 46
6.2.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 47
6.3 MANUFACTURING 49
6.3.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 49
6.3.2 KEY USE CASES 49
6.3.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 50
6.4 INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES 51
6.4.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 51
6.4.2 KEY USE CASES 51
6.4.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 52
6.5 TELECOM 52
6.5.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 52
6.5.2 KEY USE CASES 53
6.5.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 53
6.6 UTILITIES 54
6.6.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 54
6.6.2 KEY USE CASES 54
6.6.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 55
6.7 PUBLIC SECTOR 55
6.7.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 55
6.7.2 KEY USE CASES 56
6.7.3 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 56
6.8 OTHERS 57
6.8.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 57
6.8.2 MNM VIEWPOINT (VERTICAL’S RESPONSE TO COVID-19) 57

7 COVID-19 IMPACT ON REGIONS 58
7.1 INTRODUCTION 58
7.2 NORTH AMERICA 59
7.2.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 59
7.3 EUROPE 60
7.3.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 60
7.4 ASIA PACIFIC 62
7.4.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 62
7.5 MIDDLE EAST AND AFRICA 63
7.5.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 63
7.6 LATIN AMERICA 65
7.6.1 FORECAST 2019–2021 (OPTIMISTIC/PRE-COVID-19/PESSIMISTIC) 65

8 COVID-19 FOCUSED PROFILES OF KEY VENDORS 67
8.1 INTRODUCTION 67
8.2 COMPANY PROFILES 67
8.2.1 NETWORK SECURITY 67
8.2.2 APPLICATION SECURITY 72
8.2.3 ENDPOINT SECURITY 78
8.2.4 CLOUD SECURITY 83
8.2.5 DATABASE SECURITY 86
8.2.6 WEB SECURITY 89
8.2.7 ICS SECURITY 90

9 APPENDIX 92
9.2 AUTHOR DETAILS 94



List of Figures



FIGURE 1 COVID-19 THE GLOBAL PROPAGATION 11
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 12
FIGURE 3 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES
BUT CURVES DEVIATE BASED ON MEASURES TAKEN 13
FIGURE 4 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 13
FIGURE 5 CRITERIA IMPACTING THE GLOBAL ECONOMY 14
FIGURE 6 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 15
FIGURE 7 BREAKUP OF PRIMARY RESPONDENT PROFILES 21
FIGURE 8 GLOBAL CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 31
FIGURE 9 NETWORK SECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 32
FIGURE 10 APPLICATION SECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 33
FIGURE 11 ENDPOINT SECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 35
FIGURE 12 CLOUD SECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 37
FIGURE 13 DATABASE SECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 39
FIGURE 14 WEB SECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 41
FIGURE 15 INDUSTRIAL CONTROL SYSTEMS SECURITY MARKET GROWTH RATE
2019–2021 (USD BILLION) 42
FIGURE 16 BANKING, FINANCIAL SERVICES AND INSURANCE: CYBERSECURITY MARKET GROWTH RATE, 2019–2021 (USD BILLION) 44
FIGURE 17 HEALTHCARE: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 46
FIGURE 18 SYSTEMS ENGINEERING INITIATIVE FOR PATIENT SAFETY 48
FIGURE 19 MANUFACTURING: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 49
FIGURE 20 INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: CYBERSECURITY MARKET GROWTH RATE, 2019–2021 (USD BILLION) 51
FIGURE 21 TELECOM: CYBERSECURITY MARKET GROWTH RATE, 2019–2021 (USD BILLION) 52
FIGURE 22 CHINA TELECOM REVENUE – YOY GROWTH (FEB 2019 – FEB 2020) 53
FIGURE 23 UTILITIES: CYBERSECURITY MARKET GROWTH RATE, 2019–2021 (USD BILLION) 54
FIGURE 24 PUBLIC SECTOR: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 55
FIGURE 25 OTHERS: CYBERSECURITY MARKET GROWTH RATE, 2019–2021 (USD BILLION) 57
FIGURE 26 NORTH AMERICA: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 59
FIGURE 27 EUROPE: CYBERSECURITY MARKET GROWTH RATE, 2019–2021 (USD BILLION) 60
FIGURE 28 ASIA PACIFIC: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 62
FIGURE 29 MIDDLE EAST AND AFRICA: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 63
FIGURE 30 LATIN AMERICA: CYBERSECURITY MARKET GROWTH RATE 2019–2021 (USD BILLION) 65

 

List of Tables



TABLE 1 COVID-19-RELATED BANKING, FINANCIAL SERVICES AND INSURANCE USE CASES 44
TABLE 2 COVID-19-RELATED HEALTHCARE USE CASES 46
TABLE 3 COVID-19-RELATED MANUFACTURING USE CASES 49
TABLE 4 COVID-19-RELATED INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES USE CASES 51
TABLE 5 COVID-19-RELATED TELECOM USE CASES 53
TABLE 6 COVID-19-RELATED UTILITIES USE CASES 54
TABLE 7 COVID-19-RELATED PUBLIC SECTOR USE CASES 56
TABLE 8 COVID-19 ORIENTED PROFILES OF KEY NETWORK SECURITY VENDORS 67
TABLE 9 COVID-19 ORIENTED PROFILES OF KEY APPLICATION SECURITY VENDORS 72
TABLE 10 COVID-19 ORIENTED PROFILES OF KEY ENDPOINT SECURITY VENDORS 78
TABLE 11 COVID-19 ORIENTED PROFILES OF KEY CLOUD SECURITY VENDORS 83
TABLE 12 COVID-19 ORIENTED PROFILES OF KEY DATABASE SECURITY VENDORS 86
TABLE 13 COVID-19 ORIENTED PROFILES OF KEY WEB SECURITY VENDORS 89
TABLE 14 COVID-19 ORIENTED PROFILES OF KEY ICS SECURITY VENDORS 90