Internet Security Market Size, Share, Trends, Segment Forecast, and Analysis Report 2020

The internet security market is expected to grow by USD 20.41 billion, progressing at a CAGR of over 10% during the forecast period. Download Free Sample Report

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Technavio has announced its latest market research report titled Global Internet Security Market 2020-2024 (Graphic: Business Wire)

The rapid adoption of the BYOD policy is one of the major factors propelling market growth. However, factors such as high cost of deployment will hamper the market growth.

More details:

Internet Security Market: Solution Landscape

The revenue of the products segment is likely to increase due to an increase in sales of hardware security components. The year-over-year (YoY) growth rate of hardware security components is expected to accelerate owing to the rapid adoption of hardware components providing integrated security, including firewall and intrusion detection and prevention (IDP), for ensuring the security of network infrastructures. There has also been a spike in phishing attacks, malicious spams, and ransomware attacks as attackers are using COVID-19 as an opportunity to imitate brands, thereby misleading employees and customers. Therefore, the above-mentioned factors have increased the demand for Internet security products, which will drive market growth during the forecast period.

Internet Security Market: Geographic Landscape

APAC will offer several growth opportunities to market vendors during the forecast period. The growing adoption of mobile devices, such as smartphones, tablets, and laptops and the rapid adoption of the IoT in countries like China, India, Thailand, and Singapore will significantly drive Internet security market growth in this region over the forecast period. 36% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for Internet security in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

  • AO Kaspersky Lab

  • Cisco Systems Inc.

  • Fortinet Inc.

  • Hewlett Packard Enterprise Co.

  • Intel Corp.

  • International Business Machines Corp.

  • NortonLifeLock Inc.

  • Palo Alto Networks Inc.

  • Sophos Ltd.

  • Tata Consultancy Services Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, until 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Solution

  • Market segments

  • Comparison by Solution

  • Products – Market size and forecast 2019-2024

  • Services – Market size and forecast 2019-2024

  • Market opportunity by Solution

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2019-2024

  • APAC – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • MEA – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers – Demand led growth

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • AO Kaspersky Lab

  • Cisco Systems Inc.

  • Fortinet Inc.

  • Hewlett Packard Enterprise Co.

  • Intel Corp.

  • International Business Machines Corp.

  • NortonLifeLock Inc.

  • Palo Alto Networks Inc.

  • Sophos Ltd.

  • Tata Consultancy Services Ltd.


About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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