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(Hosting-NewsWire.com, September 14, 2018 ) At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of the latest trends for the market segmentations classified by our analysts. According to our research team, the Global Industrial Cybersecurity Market was valued at USD 13.81 billion in 2017 and is projected to reach USD 27.92 billion by 2025, growing at a CAGR of 9.2% from 2018 to 2025. Our research study mainly includes an in-depth study of the market which includes major drivers, restraints, opportunities, and challenges faced in the market along with the latest industrial trends.
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The rise in cybercrimes and threats by the hackers has led to an accelerated demand for cybersecurity services and solutions which can help the professionals to keep their confidential data safe and sound. Individual incorporation of such solutions can be expensive and time-consuming thus, industrial cyber security is taken into consideration, wherein a specific industry opts for services and solutions which can protect them from emerging cyber threats.
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Industrial inclination towards IoT and government sponsorships for enhancement of cybersecurity solutions is driving the market for global industrial cybersecurity market whereas high costs to maintain the computer infrastructure in the industries might hinder the growth rate of the market at a global level.
The “Global Industrial Cybersecurity Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Honeywell, Cisco, Siemens, Kaspersky, Belden, GE, Dell Inc. and 3eTI. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the “Global Industrial Cybersecurity Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, end use, and geography.
On the basis of type, the Global Industrial Cybersecurity Market can be categorized as Network Security, Endpoint Security, Application security and cloud security. This market study also features the market analytics based on end users. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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