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#Unified Endpoint Management Market#Unified Endpoint Management Market Trends#Unified Endpoint Management Market Growth#Unified Endpoint Management Market Industry#Unified Endpoint Management Market Research#Unified Endpoint Management Market Report
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Mobile Threat Defence Market Outlook: Global Trends and Forecast Analysis (2023-2032)
It is anticipated that between 2023 and 2030, the worldwide Mobile Threat Defense Market will expand at a compound annual growth rate (CAGR) of 26.50%. From USD 2154.8 million in 2022, the market is projected to be worth USD 14129.6 million by 2030.
Mobile Threat Defense (MTD) refers to a suite of technologies and solutions designed to protect mobile devices, such as smartphones and tablets, from a range of security threats, including malware, phishing attacks, network vulnerabilities, and device-level exploits. As mobile devices are increasingly used for both personal and business purposes, they have become prime targets for cyberattacks. MTD solutions work by continuously monitoring device behavior, network connections, and app activities to detect and prevent malicious activities before they can cause harm. Key features of MTD include malware detection, secure browsing, app vetting, and real-time threat analysis. MTD solutions also often integrate with existing security infrastructure, such as mobile device management (MDM) systems, providing organizations with comprehensive visibility and control over mobile security. By implementing MTD, businesses can safeguard sensitive data, ensure regulatory compliance, and protect against data breaches that could compromise both user privacy and organizational security. As mobile threats evolve, MTD continues to advance, offering enhanced protection for the mobile-first workforce and addressing the growing need for robust mobile security.
Here are some key findings from studies on the Mobile Threat Defense (MTD) market:
1. Growing Demand Due to Rising Mobile Threats
The rapid increase in mobile-based cyberattacks, such as malware, phishing, and device exploits, is driving significant demand for MTD solutions. As mobile devices are increasingly used for sensitive business transactions and data access, organizations recognize the need for stronger security measures.
2. Increased Adoption by Enterprises
Enterprises across industries, including finance, healthcare, retail, and government, are adopting MTD solutions to protect their mobile workforce. With the rise of remote work and Bring Your Own Device (BYOD) policies, businesses are seeking MTD solutions to ensure secure access to corporate data and applications on mobile devices.
3. Integration with Existing Security Infrastructure
Many MTD solutions are designed to integrate seamlessly with existing security infrastructure, such as mobile device management (MDM) and enterprise mobility management (EMM) systems. This integration offers organizations a unified security approach, allowing for centralized management and monitoring of mobile threats alongside other endpoint security solutions.
4. Cloud-Based MTD Solutions Gaining Traction
Cloud-based MTD solutions are increasingly popular, as they offer scalability, ease of deployment, and real-time threat monitoring. Small and medium-sized businesses, in particular, find cloud-based MTD solutions more accessible and cost-effective compared to traditional on-premises solutions.
5. Growing Importance of AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are playing a crucial role in advancing MTD capabilities. These technologies enable MTD solutions to detect and respond to sophisticated threats, such as zero-day attacks and advanced malware, by analyzing patterns, behaviors, and anomalies in real-time.
6. Regional Variations in Adoption
North America and Europe currently lead the MTD market, driven by strict regulatory requirements, high mobile penetration rates, and a strong focus on cybersecurity. However, the Asia-Pacific region is expected to experience significant growth in MTD adoption due to rapid digital transformation, increasing smartphone usage, and rising awareness of mobile threats.
7. Focus on Compliance and Data Privacy
With data privacy regulations like the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), and industry-specific standards, organizations are under pressure to ensure data security on mobile devices. MTD solutions help businesses meet compliance requirements by providing tools for monitoring, reporting, and preventing unauthorized access to sensitive data.
8. Increasing Adoption of Advanced MTD Features
Enterprises are seeking advanced MTD capabilities beyond basic malware protection, such as secure browsing, app vetting, device vulnerability assessment, and phishing prevention. These comprehensive features allow organizations to proactively address the full spectrum of mobile threats and ensure robust security for their mobile ecosystems.
9. Market Growth Potential
The MTD market is expected to grow at a strong compound annual growth rate (CAGR) over the next several years, as mobile threats continue to evolve and organizations recognize the importance of dedicated mobile security solutions. Investments in MTD are likely to increase, particularly in sectors with high regulatory and data security requirements.
10. Challenges and Barriers to Adoption
Despite its benefits, MTD adoption faces some challenges, such as high implementation costs, limited awareness among smaller organizations, and potential privacy concerns related to continuous monitoring on personal devices. However, as mobile threats become more sophisticated, these barriers are likely to decrease, and MTD solutions will become a standard component of cybersecurity strategies
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Key Players
Cisco Systems
SAP SE
Broadcom, Inc.
VMware
Citrix Systems
Kaspersky Labs
Ivanti
Micro Focus
ZOHO
SolarWinds
Zimperium
Matrix42
Sophos
BlackberryEsper
Here are some of the prominent trends in the Mobile Threat Defense (MTD) market:
1. Increasing Focus on Zero Trust Security Models
Organizations are increasingly adopting a Zero Trust approach to security, which assumes that all devices, including mobile, are potentially compromised. MTD solutions are a key component of Zero Trust architectures, providing continuous monitoring and verification of mobile device behavior to prevent unauthorized access to corporate networks and sensitive data.
2. Integration with Unified Endpoint Management (UEM)
MTD solutions are increasingly integrated with Unified Endpoint Management (UEM) platforms, offering comprehensive visibility and management across all device types. This integration allows organizations to streamline mobile security management and improve endpoint protection by monitoring and securing mobile devices alongside traditional endpoints such as laptops and desktops.
3. Expansion of Cloud-Based MTD Solutions
Cloud-based MTD solutions are gaining popularity due to their scalability, flexibility, and ease of deployment. These solutions enable organizations of all sizes, particularly small and medium-sized enterprises (SMEs), to access advanced mobile security without the need for extensive on-premises infrastructure, thus lowering upfront costs and reducing deployment times.
4. Adoption of AI and Machine Learning for Threat Detection
AI and machine learning are transforming MTD solutions by enabling real-time analysis of large data sets to detect sophisticated mobile threats. These technologies improve the ability to identify anomalies, predict threats, and respond to attacks in real-time, enhancing protection against advanced malware, zero-day vulnerabilities, and phishing attempts.
5. Demand for Comprehensive Mobile Security Capabilities
Organizations are looking for MTD solutions that go beyond basic malware detection, seeking comprehensive features such as phishing protection, secure browsing, device vulnerability assessments, app vetting, and behavioral analysis. This demand is driven by the need to protect against a wide range of mobile threats and to ensure secure access to corporate data.
6. Rising Concerns over Mobile Phishing Attacks
Mobile phishing attacks are on the rise as cybercriminals increasingly target mobile devices through SMS, social media, and email. MTD solutions with advanced phishing detection capabilities are in high demand as organizations look to protect users from credential theft and social engineering attacks on mobile platforms.
7. Emphasis on Privacy and Data Protection Compliance
With growing data privacy regulations, such as GDPR, CCPA, and HIPAA, organizations need to ensure that mobile devices comply with stringent data protection requirements. MTD solutions help organizations meet these compliance mandates by monitoring data usage, preventing unauthorized access, and providing tools for incident reporting and audits.
8. Expansion of MTD in BYOD and Remote Work Environments
The increase in remote work and Bring Your Own Device (BYOD) policies has heightened the need for MTD solutions that can secure both corporate and personal devices. MTD solutions help organizations protect sensitive data on personal devices without compromising user privacy, making them an essential tool in the mobile-first, remote work environment.
9. Regional Growth in Asia-Pacific
The Asia-Pacific region is witnessing rapid growth in MTD adoption due to the proliferation of mobile devices, increasing mobile internet usage, and a growing awareness of cybersecurity. Emerging economies in this region, including India, China, and Southeast Asian countries, are investing in MTD solutions as they embrace digital transformation and address rising mobile security risks.
10. Increasing Focus on Mobile Threat Intelligence
Organizations are leveraging mobile threat intelligence to stay informed about emerging threats and to proactively defend against them. MTD solutions are incorporating threat intelligence feeds and analytics, providing real-time insights into global mobile threat trends and enabling organizations to take preemptive measures against potential attacks.
11. Enhanced User Experience and Minimal Device Impact
Modern MTD solutions are designed to operate with minimal impact on device performance, ensuring a seamless user experience. As MTD solutions become more lightweight and user-friendly, adoption is likely to increase, as employees are more likely to accept mobile security measures that don’t interfere with device functionality or battery life.
12. Shift from Reactive to Proactive Security Approaches
MTD solutions are evolving from reactive to proactive approaches, incorporating predictive analytics and behavioral analysis to identify threats before they materialize. By proactively detecting unusual patterns and emerging threats, these solutions allow organizations to mitigate risks before they can impact mobile devices and corporate networks.
Segmentation
By Security Threat Type:
Malware Protection
Phishing Protection
Data Loss Prevention (DLP)
Network Security
App Security
Device Security
By Deployment Model:
Cloud-based
On-Premises
Hybrid
By Organization Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By End Users:
Enterprises
Government and Public Sector
Individuals and Consumers
BY Operating System:
Android
iOS
Multi-OS Compatibility
By Industry Verticals:
Financial Services
Healthcare
Retail
Telecommunications
Government and Defense
Energy and Utilities
Other Verticals
By Regulatory Compliance and Standards:
GDPR Compliance
HIPAA Compliance
Industry-specific Compliance
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Cyber Security Market - Forecast(2024 - 2030)
Cyber Security Market Overview
Cyber Security Marketsize is forecast to reach $360 billion by 2030, estimated to grow at a CAGR of 9.5% during 2024-2030. The increasing use of technology such as artificial intelligence, IoT, machine learning and so on are significantly driving the cybersecurity market. Furthermore, the increasing demand for cloud-based cybersecurity systems in order to reduce data loss are also enhancing the growth of the market. The rising demand for network and endpoint security, information technology security mobile security, behavioral detection is fueling the growth of the market during the forecast period. The telecom organizations are adopting advanced cyber security solutions such as real-time security monitoring, instant cyber posture visibility, and rapid threat resolution to prevent the cyber-attack on telecom networks. Along with the telecom sector, the aerospace industry is considered to be another key end-users to cyber security market. The aerospace and defense industry are prone to cyber-attack due to its continuous exposure to non-A&D, OT-based technologies.
Thus, this industry is adopting advanced cybersecurity solution to enhance protection against cybercrime. The rising need for solutions ranging from antivirus software, unified threat management system, next-generation firewalls, DNS filtering, malware protection and threat intelligence will drive the demand for cyber security. One prominent trend in the cyber security market is the increasing adoption of Zero Trust Architecture (ZTA). This approach challenges the traditional perimeter-based security model by assuming that threats can originate from both inside and outside the network. ZTA emphasizes strict identity verification and access controls, requiring continuous authentication and authorization for every user and device attempting to access resources. With the proliferation of cloud services, remote work, and mobile devices, organizations are realizing the limitations of perimeter defenses alone. As a result, they are turning to ZTA to bolster their defenses and mitigate the risks associated with insider threats, unauthorized access, and advanced persistent threats.
The growing recognition of ZTA's effectiveness in enhancing security posture is driving significant investment in Zero Trust solutions across various industries. Another key trend shaping the cyber security market is the increasing integration of artificial intelligence (AI) and machine learning (ML) technologies for threat detection and response. As cyber threats become more sophisticated and prevalent, organizations are turning to AI-driven solutions to augment their security operations. AI and ML algorithms can analyze vast amounts of data in real-time, enabling early detection of anomalies, unusual patterns, and potential security breaches. These technologies empower security teams to identify and respond to threats more efficiently, reducing detection and response times. Moreover, AI-driven security solutions can automate repetitive tasks, freeing up security personnel to focus on more strategic initiatives. With the continuous evolution of cyber threats, the demand for AI-powered security tools and platforms is expected to grow, driving innovation and investment in the development of advanced threat detection and response capabilities.
Cyber Security Market Report Coverage
The report: “Cyber Security Market Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Cyber Security System Market.
By Component: Cyber Security Software, Cyber Security Hardware, Cyber Security Services.
By Deployment: On-Premise and Cloud.
By Security Type: Network & Endpoint Security, Internet of Things/Industrial Internet of Things Security, Threat Intelligence, Mobile Security, Behavioral Detection, Cloud Security, Deception Security and Others.
By Organization Size: SME, Large Enterprise.
By Solution: Antivirus, UTM, SIEM, DDOS Mitigation, Disaster Recovery, Firewall, DLP, Web Filtering, Threat Intelligence, IAM, Risk and Compliance Management, IDS, Encryption and Others.
By Industry Vertical: Aerospace, Government, Financial Services, Healthcare, Telecommunications, Automobile, Information Technology sector and others
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC(China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), and RoW (Middle east and Africa)
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Key Takeaways
• In 2023, the Cyber Security market was dominated by North America owing to the increasing use of prevalent technology which has raised the risk of cyber threat leading to the need for cybersecurity solutions.
• The rising demand for cloud-based cybersecurity solutions in order to store and secure data during data loss or data breaches has driven the growth of the market
• The rapid advancement of artificial intelligence leading to the introduction of technologies such as machine learning and deep learning which will enhance the growth of the market.
• The rising security threats due to the increasing use of Blockchain systems and IoT threats are making difficult to detect cyber-attacks which is hampering the market growth.
Cyber Security Market Segment Analysis – By Deployment
Cloud segment held the largest market share of 53.1% in the Cybersecurity market in 2023. The growing of massive store applications in order to store and secure data with advanced security methods are driving the need for cloud-based security solutions. As cloud-based cybersecurity solutions offers social networking privacy, online storage, system optimization and so on. Furthermore, the rising demand for online cloud storage leads to provide backup and restorations of data caused due to data breaches or data loss. These significant advantages of cloud technology will lead to surge the growth of the market.
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Cyber Security Market Segment Analysis - By Industry Vertical
The telecom sector is estimated to grow at a CAGR of 10.2% during the forecast period 2023-2030. The GSM Association (GSMA) predicted that quantum computing will be a destabilizer for the telecom sector, making Public Key Infrastructure (PKI) obsolete in the near future. Telecommunication companies are in plans of implementing quantum-safe cryptography algorithms to mitigate cyber-attacks. In order to control cyber-attacks, the European Union (EU) has introduced many regulations such as the Network and Information Security Directive (NISD) and the General Data Protection Regulations (GDPR). NISD is yet to be implemented which requires core digital infrastructure operators and certain digital service providers to ensure that their network and information systems meet minimum standards of cybersecurity. These regulations are implemented to achieve and maintain high network security, and ensure obligatory reporting during any incidents.
Cyber Security Market Segment Analysis – By Geography
In 2023, North America dominated the Cyber Security market with a share of more than 40.2%, followed by Europe and APAC. The growing use of technology and data has led to the rise of most vulnerable cyber threats and crimes which is leading to the growth of this market in this region. Also, the financial stability in this region has allowed organization to invest in cybersecurity for providing security of data and software. These developments are propelling the growth of cybersecurity market in North America.
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Cyber Security Market Drivers
Rising importance Artificial Intelligence (AI)
The rising advancement in artificial intelligence is leading to the introduction of machine learning technologies into products which includes cybersecurity. Moreover, technologies such as deep learning are being used for face detection, natural language processing, threat detection, and others concepts. Also, the acceleration of artificial intelligence (AI) has led to the identification of new threats and helps in responding and block cyber-attacks in an organization. Hence, the deployment of artificial intelligence technologies will further drive the growth of the cybersecurity market.
Increasing need for Cybersecurity in Aerospace
Aerospace industry is widely developing with the integration of new technology such as advanced navigation and guidance systems. This system are used in airplanes which are highly vulnerable to cyber-attacks, which have irrevocable repercussions. So, the rising risk of cyber-attacks and the increasing need to protect the computer networks in the air are leading to the rise of investment in the security infrastructure. Thus, the rising investment by aerospace industry in the security infrastructure has led to the requirement of cybersecurity further boosting the growth of the market.
Cyber Security Market Challenges
Revolution of Blockchain and IoT Threats
The rising demand for Blockchain systems has made it difficult to predict the rising cyber threats which is hindering the cybersecurity market. Furthermore, the increasing usage of IoT has led to the growing number of IoT threats, as IoT includes the connection of physical devices which have a unique identifier (UID). These devices has the ability to transfer data over a network without any human interference and human to computer interaction. Thus, the software and firmware which are required to run these IoT devices make the user more susceptible to cyber-attacks further hindering the growth of the market.
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Cyber Security Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Cyber Security market. In 2023, the market of Cyber Security has been consolidated by the major players – AWS, Check Point Software Technologies, NTT Security, Cisco Systems, CyberArk, FireEye, IBM Corporation, Oracle, Microsoft and Juniper Networks.
Acquisitions/Technology Launches
In December 2023, Multinational conglomerate Honeywell has agreed to buy Carrier’s Global Access Solutions business for $4.95 billion in cash. The acquisition will strengthen Honeywell’s core security offerings with the addition of hardware and software properties
In Nov 2023, US-based data security company Rubrik has launched Ruby, its generative AI extension for Rubrik Security Cloud, which will speed up cyber threat detection, recovery and resilience. In response to data risk alerts generated in Rubrik Security Cloud, users can interact with Ruby, the company's AI assistant, ask follow-up questions including whether any sensitive data was impacted, or what needs to be done to restore the environment.
#Cyber Security Market#Cloud Security#Cyber Security Market size#Threat Intelligence#Cyber Security industry#Cyber Security Market share#Cyber Security top 10 companies#Cyber Security Market report#Cyber Security industry outlook
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The global demand for Enterprise Mobility Management was valued at USD 16284.8 million in 2022 and is expected to reach USD 102147.4 Million in 2030, growing at a CAGR of 25.80% between 2023 and 2030.Enterprise Mobility Management (EMM) is an essential component in the modern business landscape, reflecting the increasing reliance on mobile devices and remote work solutions. EMM encompasses a suite of tools, processes, and technologies designed to manage and secure mobile devices, applications, and data used in enterprise settings. This market has seen significant growth in recent years, driven by the surge in mobile workforce, advancements in technology, and the need for enhanced security measures.
Browse the full report at https://www.credenceresearch.com/report/enterprise-mobility-management-market
Market Overview
The EMM market has expanded rapidly, with businesses recognizing the importance of mobile technology in enhancing productivity and operational efficiency. EMM solutions typically include mobile device management (MDM), mobile application management (MAM), mobile content management (MCM), and mobile identity management. These components collectively enable organizations to streamline their mobile operations, ensuring that devices and data are secure and compliant with corporate policies.
Drivers of Growth
1. Increasing Mobile Workforce: The rise of remote work and flexible working arrangements has led to a substantial increase in the use of mobile devices for business purposes. Employees now expect seamless access to corporate resources from anywhere, driving the demand for robust EMM solutions.
2. Advancements in Mobile Technology: The rapid evolution of smartphones, tablets, and mobile applications has created new opportunities for businesses to leverage mobile technology. EMM solutions are continually adapting to support these advancements, providing enhanced features and functionalities.
3. Data Security Concerns: With the proliferation of mobile devices, data security has become a critical concern for enterprises. EMM solutions offer comprehensive security features, including encryption, remote wipe, and policy enforcement, to protect sensitive corporate data.
4. Regulatory Compliance: Compliance with industry regulations and standards, such as GDPR, HIPAA, and others, necessitates stringent control over mobile devices and data. EMM solutions help organizations meet these regulatory requirements, reducing the risk of non-compliance.
5. BYOD Trend: The Bring Your Own Device (BYOD) trend has gained traction, allowing employees to use their personal devices for work purposes. EMM solutions enable organizations to manage and secure these devices effectively, ensuring a balance between productivity and security.
Key Players and Competitive Landscape
The EMM market is highly competitive, with numerous vendors offering a variety of solutions. Key players include Microsoft, IBM, VMware, Citrix, and BlackBerry. These companies are continually innovating to provide comprehensive EMM solutions that address the evolving needs of businesses.
- Microsoft: Known for its Intune platform, Microsoft offers a robust EMM solution integrated with its Office 365 suite, providing seamless management of mobile devices and applications. - IBM: IBM’s MaaS360 platform delivers comprehensive EMM capabilities, including advanced security features and AI-driven insights for proactive management. - VMware: VMware’s Workspace ONE platform offers unified endpoint management, integrating EMM with desktop management for a holistic approach. - Citrix: Citrix Endpoint Management provides a secure and user-friendly solution for managing mobile devices and applications, emphasizing user experience. -BlackBerry: Renowned for its security features, BlackBerry’s EMM solutions cater to industries with stringent security requirements, such as government and finance.
Challenges and Future Outlook
Despite its growth, the EMM market faces several challenges. Integrating EMM solutions with existing IT infrastructure can be complex and costly. Additionally, ensuring user adoption and compliance with EMM policies requires ongoing education and support.
Looking ahead, the EMM market is poised for continued growth, driven by advancements in artificial intelligence (AI) and machine learning (ML). These technologies will enable more predictive and proactive management of mobile devices, enhancing security and operational efficiency. Moreover, the increasing adoption of 5G technology will further fuel the demand for EMM solutions, enabling faster and more reliable mobile connectivity.
Key Players
Cisco Systems
SAP SE
Broadcom, Inc.
AppTec GmbH
IBM Corporation
Microsoft Corporation
VMware
Citrix Systems
Ivanti
Micro Focus
Zoho Corporation Pvt. Ltd
Matrix42
Sophos
Blackberry
Esper
Segmentation
By Mobile Device Management (MDM):
Device Inventory and Tracking
Security Policies
By Mobile Application Management (MAM):
App Distribution and Updating
App Security Policies
By Mobile Content Management (MCM):
Secure File Sharing
Content Encryption
By Identity and Access Management (IAM):
Single Sign-On (SSO)
Authentication and Authorization
By Unified Endpoint Management (UEM):
Integration of MDM, MAM, and MCM
Policy Enforcement
By Bring Your Own Device (BYOD) Solutions:
BYOD Policies
Containerization
By Industry Verticals:
Healthcare EMM
Financial Services EMM
Government EMM
By Deployment Models:
On-Premises EMM
Cloud-Based EMM
By Service Models:
Managed EMM Services
Consulting and Professional Services
By Enterprise Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By Network Security Integration:
VPN Integration
Mobile Threat Defense
By Region
North America
The U.S.
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East and Africa
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Mobile Threat Defence Market Landscape: Trends, Drivers, and Forecast (2023-2032)
It is anticipated that between 2023 and 2030, the worldwide Mobile Threat Defence Market will expand at a compound annual growth rate (CAGR) of 26.50%. From USD 2154.8 million in 2022, the market is projected to be worth USD 14129.6 million by 2030.
Mobile Threat Defense (MTD) market refers to the industry and technologies focused on protecting mobile devices such as smartphones, tablets, and other endpoints from security threats and vulnerabilities. This market has grown significantly due to the increasing use of mobile devices in corporate environments and the rising sophistication of cyber threats targeting these devices. Mobile Threat Defense solutions typically include software that offers protection against a variety of threats, such as malware, phishing attacks, network exploits, and application vulnerabilities. These solutions may also provide features such as risk assessment, incident response, and compliance enforcement. The demand for MTD solutions is driven by the need for businesses to secure their mobile workforce, enforce security policies, and protect sensitive corporate data accessible from mobile devices. As mobile technology evolves and integrates more deeply into business operations, the MTD market continues to expand, adapting to new threats and compliance requirements.
These threats include malware, phishing attacks, network attacks, and malicious apps. MTD technologies often incorporate machine learning algorithms to analyze and predict threat patterns, provide real-time defense, and ensure secure access to corporate resources. Additionally, these solutions may offer features like vulnerability assessment, data protection, and compliance management. The growth of the MTD market is propelled by the widespread adoption of mobile technology, the increasing sophistication of cyber threats, and the need for robust regulatory compliance across various industries.
Mobile Threat Defence Market Trends-
Integration with Enterprise Mobility Management (EMM) and Unified Endpoint Management (UEM): There is a growing trend towards the integration of MTD solutions with broader enterprise mobility management and unified endpoint management platforms. This integration allows organizations to have a more comprehensive approach to endpoint security, encompassing not only mobile devices but also other endpoints within the network.
AI and Machine Learning: Artificial intelligence (AI) and machine learning (ML) are increasingly being used to enhance MTD solutions. These technologies help in the automation of threat detection and response processes, making them more efficient and effective at identifying and mitigating novel and sophisticated attacks.
Focus on Zero Trust Security Models: As the traditional network perimeter dissolves with the rise of remote work and cloud-based resources, there is a shift towards Zero Trust security models, which assume that no user or device is trusted by default. MTD solutions are evolving to support Zero Trust architectures by continuously validating every stage of digital interaction.
Regulatory Compliance: With stringent regulations like GDPR and CCPA, organizations are under pressure to ensure that their mobile security practices comply with legal standards. MTD solutions are increasingly including features that help organizations meet these regulatory requirements, particularly concerning data protection and privacy.
Rise of Phishing Attacks on Mobile: Mobile phishing attacks are becoming more common and sophisticated, prompting MTD solutions to focus more on detecting and preventing such threats, which often bypass traditional email filters and are delivered via messaging apps and social media platforms.
5G and IoT Security Concerns: The rollout of 5G networks and the expansion of the Internet of Things (IoT) create new security challenges, particularly in terms of larger attack surfaces and the potential for increased attack speeds. MTD providers are adapting their solutions to better protect devices connected to these faster, more complex networks.
User Education and Awareness: Alongside technological solutions, there is a trend towards enhancing user education and awareness about mobile threats. By educating users on best practices for mobile security, organizations can reduce the risk posed by human error and insider threats.
Key Players-
Cisco Systems
SAP SE
Broadcom, Inc.
VMware
Citrix Systems
Kaspersky Labs
Ivanti
Micro Focus
ZOHO
SolarWinds
Zimperium
Matrix42
Sophos
BlackberryEsper
More About Report- https://www.credenceresearch.com/report/mobile-threat-defence-market
Segmentation
By Security Threat Type:
Malware Protection
Phishing Protection
Data Loss Prevention (DLP)
Network Security
App Security
Device Security
By Deployment Model:
Cloud-based
On-Premises
Hybrid
Mobile Threat Defence Market Competitive Analysis-
Competitive Strategies
Integration and Ecosystem Expansion: Many MTD vendors are focusing on integrating their solutions with broader security and IT management ecosystems. This includes partnerships with UEM, cloud security, and identity management providers to offer a more holistic security approach.
Advanced Technology Utilization: Leading players are increasingly leveraging AI and machine learning to enhance their threat detection and response capabilities. This technology helps in predicting and mitigating threats more efficiently.
Focus on Regulatory Compliance: Vendors are tailoring their offerings to help enterprises meet specific regulatory requirements, which is a key selling point for industries such as finance and healthcare.
Customer and Industry Specific Solutions: Providers often develop specialized solutions tailored to the needs of specific industries or customer segments, offering customized security protocols and compliance assistance.
Market Dynamics
Rising Threat Levels: As the level of threats increases, particularly with sophisticated phishing and zero-day attacks, MTD solutions need to continuously evolve, driving competition based on technological innovation.
Adoption of Remote Work: The shift to remote work has expanded the use of mobile devices in business operations, necessitating robust MTD solutions and driving market growth.
5G Deployment: The deployment of 5G technology is anticipated to increase the attack surface for mobile devices due to higher connectivity and device density, pushing MTD providers to innovate further.
Consumer Awareness: As awareness of mobile threats grows, businesses are more inclined to invest in comprehensive solutions, influencing MTD vendors to differentiate their offerings through better user experience and enhanced security features.
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Keeper Security Joins the AWS Partner Network
Keeper Security, a leading provider of cloud-based zero-trust and zero-knowledge cybersecurity software protecting passwords, passkeys, secrets, connections and privileged access, announces today it has joined the Amazon Web Services (AWS) Partner Network (APN). The APN is a global community of AWS Partners that leverage programs, expertise and resources to build, market and sell customer offerings. As an APN member, Keeper joins a global network of 130,000 partners from more than 200 countries working with AWS to provide innovative solutions, solve technical challenges, win deals and deliver value to customers. Keeper joined the APN to address the growing demand for robust account security and enhance the digital protections available to businesses around the world faced with the growing threat of cyberattacks. "AWS has long been recognized as the leading cloud services provider and we're proud to meet their rigid standards and bring their technical advantages to public and private-sector business and enterprise customers," said Darren Guccione, CEO and Co-founder, Keeper Security. "This relationship marks a significant achievement for Keeper, as it furthers our steadfast commitment to deliver cutting-edge cybersecurity solutions." Keeper provides a full suite of award-winning consumer and business offerings in password, secrets and privileged connection management, as well as differentiators that set Keeper apart from its competitors including dark web monitoring, secure file storage, encrypted messaging, seamless Single-Sign On (SSO) integration, compliance reporting and comprehensive event logging. Keeper's solutions scale to organizations of all sizes, from small home offices to multinational enterprises and the largest public sector organizations. Keeper also offers a solution for managed service providers, KeeperMSP. Keeper's Enterprise Password Manager is designed to provide organizations with complete visibility into employee password practices, allowing IT administrators to enforce company password policies, monitor employee compliance and generate audit trails and reports. Keeper securely manages the lifecycle of privileged account credentials with Role-Based Access Controls (RBAC) and controlled credential sharing. Keeper supports the storage and use of passkeys in the vault and enables organizations to embrace a fully passwordless experience by integrating with SSO, enabling users to access their vaults without the use of a master password. Keeper's latest offering, KeeperPAM™, provides a next-generation Privileged Access Management (PAM) solution that is disrupting the traditional PAM market. KeeperPAM delivers enterprise-grade password, secrets and privileged connection management within a unified SaaS platform that is cost-effective, easy-to-use and simple-to-deploy. The patented cybersecurity solution enables organizations to achieve complete visibility, security, control and reporting across every privileged user on every device within an organization. Customers prefer Keeper for: - Enterprise Security - Keeper mitigates the risk of breaches by providing real-time protection and access to applications, systems, secrets and IT resources. - Robust Compliance and Reporting - Keeper simplifies and strengthens auditing and compliance including support for RBAC, 2FA, FIPS 140-2 encryption, HIPAA, FINRA, SOC, ITAR and more. - Powerful Security Insights - Keeper provides analytics into credential security and hygiene across all endpoints and systems with native SIEM integration. Through its relationship with AWS, Keeper extends its market reach and enhances its ability to serve customers across various industries all over the world, in addition to offering Consulting Partner Private Offers (CPPO) to Keeper's Reseller Community of over 2,000 partners, allowing them to facilitate customer purchases in AWS Marketplace. For more information, please visit APN. Read the full article
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Global asset management software market reports
Monitoring fleet availability by service level in real-time for operational preparedness. provides tracking metrics tailored to defenses. Configuration management facilitates the tracking of As-Built Configuration, Allowable Configuration, and Actual Configuration for complex assets with multi-level subassemblies. enables quick configuration swapping in response to changing mission requirements. Paperless operations can be facilitated by maintenance staff members using a native mobile app with offline capacity to submit work and perform electronic sign-offs. flexibility to synchronize data as needed depending on connections that are available. Complete project life cycle visibility is offered by a contract structure and integrated accounting module. Accounting compliance enables the following benefits: tracking earned value, improving cash flow, automating invoices, and increasing profitability.
By guaranteeing timely delivery of supplies, this Global asset management software market reports enhances the level of protection offered to the affected area. When moving priceless things from one place to another, this is helpful. Taking into account the good tracking of these asset management strategies. It offers wide visibility, tracks cargo, containers, and other goods, and secures them. It is possible to estimate when supplies will be delivered.
Key factors impacting the asset management software market's growth in defense:
Complete project life cycle visibility is offered by a contract structure and integrated accounting module. Accounting compliance is one of the key market trends that will drive the industry's progress; it enables the automation of invoices, improvement of cash flow, monitoring of earned value, and rise in profitability.
Patterns influencing the size of the asset management software market in defense:
Among the major industry trends influencing market expansion are cloud computing, blockchain technology, artificial intelligence (AI), and machine learning (ML). The phrase "Internet of Things" (IoT) refers to items that have built-in software or applications. These gadgets are equipped with sensors, data interchange, and networking features. They are connected by IoT, which enables data sharing and communication. IoT is one of the key technological advancements in the market that will have an impact on its growth.
Forecast and Dynamics of the Defense-Asset Management Software Market:
The need for asset tracking and accountability will continue to fuel the defense asset management market's expansion. The deployment of IoT and asset management software, as well as the uptake of these technologies, will be accelerated by increased defense spending.
A thorough market analysis and market size are included in the market forecast. The market report includes information on the size, potential, challenges, and drivers of the regional market. The regional study also includes the market size by country.
Analysis of the Defence Asset Management Software Market for Recent Advancements:
Among the services offered are knowledge management, cybersecurity, equipment and asset management, maintenance and sustainment, modernization, MSC MNOC, future FLTNOCs, and training. By December 31, 2023, work under this task order will be finished in a number of locations worldwide.
The US Army Endpoint Security Solution (AESS), which protects up to 800,000 endpoints on both classified and unclassified Army networks, has been given a $430 million maintenance contract by ECS. ECS will create a unified asset management system and enhance endpoint detection and response capabilities.
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Unleashing the Power: Exploring the Future of HubSpot API and Its Impact on Business Growth
The HubSpot API has revolutionized the way businesses operate, enabling seamless integrations and unlocking a world of possibilities. In this article, we delve into the future of HubSpot API and its profound impact on business growth. Discover how this powerful tool can streamline operations, enhance customer experiences, and open doors to new opportunities. By leveraging the potential of HubSpot API, businesses can stay ahead in the competitive landscape and drive sustainable growth.
Understanding HubSpot API: HubSpot API is a powerful tool that allows businesses to connect and integrate their applications with HubSpot’s all-in-one CRM and marketing platform. It provides developers with a set of tools and endpoints to access and manipulate data within HubSpot, enabling seamless communication between different systems.
The key functionalities and features of HubSpot API are designed to enhance business operations and customer experiences. With the API, businesses can retrieve, create, update, and delete data such as contacts, deals, tasks, and marketing assets. It also enables automation of various marketing processes, including email campaigns, lead scoring, and personalized content delivery. Additionally, the API facilitates the synchronization of data between HubSpot and other external systems, ensuring consistent and up-to-date information across platforms.
Using HubSpot API offers numerous advantages for driving business growth. Firstly, it allows businesses to streamline their operations by automating repetitive tasks and integrating their various systems, leading to increased efficiency and productivity. The API also empowers businesses to enhance customer experiences by delivering personalized and timely communications, tracking customer interactions, and providing a unified view of customer data. This level of personalization and responsiveness helps build stronger customer relationships and drive customer loyalty.
Furthermore, the HubSpot API opens up new opportunities for businesses to innovate and create custom solutions tailored to their specific needs. It enables the development of integrations and applications that extend the capabilities of HubSpot and provide unique value to customers. By leveraging the API, businesses can unlock new revenue streams, improve data accuracy and accessibility, and gain a competitive edge in their industry.
Real-world examples demonstrate the successful integration of HubSpot API across various industries. For instance, an e-commerce company could integrate the API with its online store, automatically syncing customer and order data to HubSpot for targeted marketing and personalized recommendations. A software company could use the API to connect its customer support system, ensuring that support tickets are automatically logged and relevant customer information is readily available to agents. These examples showcase how API integrations with HubSpot can streamline processes, enhance customer interactions, and drive business growth.
In conclusion, HubSpot API offers a wide range of functionalities and features that empower businesses to optimize their operations, improve customer experiences, and unlock new opportunities for growth. Its seamless integration capabilities and customization options make it a valuable tool for businesses across various industries.
Streamlining Operations with HubSpot API: HubSpot API has revolutionized the way businesses operate by offering seamless integration with CRM systems. This integration allows for efficient data management, streamlining processes, and enabling businesses to make data-driven decisions. In this article, we will explore the immense potential of HubSpot API for driving business growth.
One of the key advantages of integrating HubSpot API with CRM systems is the ability to automate repetitive tasks. Manual data entry and updating can be time-consuming and prone to errors. By leveraging the power of HubSpot API, businesses can automate these tasks, freeing up valuable time for employees to focus on more strategic activities. This automation not only improves operational efficiency but also reduces the risk of human error, leading to more accurate data management.
Real-time data synchronization is another significant benefit of utilizing HubSpot API. Traditional data synchronization processes often involve delays, leading to outdated information and missed opportunities. However, with HubSpot API, businesses can ensure that their data is synchronized in real-time across various systems. This real-time synchronization enables faster and more informed decision-making, as decision-makers have access to the most up-to-date data at all times. Whether it’s tracking sales leads, monitoring customer interactions, or analyzing marketing campaigns, real-time data synchronization provides businesses with a competitive edge.
To further understand the impact of HubSpot API on businesses, let’s explore some case studies. Company X, a growing e-commerce business, implemented HubSpot API to integrate their CRM system with their website. This integration allowed for seamless data transfer of customer information, order history, and preferences. As a result, Company X gained a comprehensive view of their customers, enabling them to personalize marketing efforts and improve customer experiences. With HubSpot API automating data synchronization, Company X significantly reduced manual effort and improved operational efficiency.
Company Y, a software-as-a-service (SaaS) provider, leveraged HubSpot API to integrate their CRM system with their customer support platform. By doing so, they achieved a unified view of customer interactions, support tickets, and account information. This integration enabled their support team to access relevant customer data in real-time, leading to faster response times and personalized support. The automation provided by HubSpot API reduced manual data entry, freeing up the support team’s time to focus on delivering exceptional customer experiences.
In summary, the potential of HubSpot API for driving business growth is immense. By integrating HubSpot API with CRM systems, businesses can streamline data management, automate repetitive tasks, and enable real-time data synchronization. The case studies mentioned above demonstrate how businesses have optimized their operations by leveraging HubSpot API. The seamless integration and automation provided by HubSpot API empower businesses to enhance customer experiences, make informed decisions, and unlock new opportunities. With the future of HubSpot API promising even more innovative features, it is essential for businesses to embrace this technology to stay competitive in the evolving business landscape.
Enhancing Customer Experiences: The HubSpot API offers businesses a powerful tool for personalization and segmentation, allowing them to create tailored experiences for their customers. By integrating various systems and applications with HubSpot, businesses can gather valuable customer data and gain a comprehensive understanding of their preferences, behaviors, and interactions. This data enables businesses to deliver personalized experiences by customizing their messaging, content, and offers based on individual customer needs and interests.
With the HubSpot API, businesses can segment their audience effectively. They can divide their customer base into distinct groups based on demographics, interests, purchase history, or any other relevant criteria. This segmentation enables businesses to target specific customer segments with personalized campaigns, messages, and content, increasing the chances of engagement and conversion. By leveraging the power of personalization and segmentation through the HubSpot API, businesses can foster stronger relationships with their customers and deliver a more tailored and relevant experience.
Integrating Customer Support Systems to Provide Seamless Experiences: Customer support plays a critical role in ensuring seamless experiences for customers. The HubSpot API facilitates the integration of customer support systems, such as helpdesk software or chatbots, with the HubSpot CRM. This integration enables a unified view of customer interactions, allowing support agents to access relevant customer data while resolving queries or issues.
By integrating customer support systems with HubSpot, businesses can provide faster response times and more personalized assistance. Support agents can access customer information, such as purchase history or previous interactions, empowering them to provide targeted and effective support. This seamless integration streamlines the support process, reduces friction for customers, and enhances their overall experience with the brand.
Leveraging HubSpot API for Targeted Marketing Campaigns: The HubSpot API serves as a valuable asset for businesses looking to run targeted marketing campaigns. By syncing customer data from various sources into the HubSpot CRM, businesses can leverage this information to create highly targeted and personalized marketing campaigns.
With the HubSpot API, businesses can segment their audience based on specific criteria, such as demographics, purchase behavior, or engagement levels. This segmentation allows businesses to tailor their marketing messages, content, and offers to each segment’s unique needs and preferences. Whether it’s sending personalized emails, displaying dynamic website content, or running targeted ads, the HubSpot API empowers businesses to deliver relevant and timely content to their customers.
By leveraging the HubSpot API for targeted marketing campaigns, businesses can increase the effectiveness of their marketing efforts. They can drive higher engagement, conversion rates, and customer satisfaction by delivering the right message to the right audience at the right time.
HubSpot API Customer Success Stories Highlighting the Impact of HubSpot API on Enhancing Customer Experiences: Real-life success stories serve as powerful examples of how the HubSpot API can significantly impact customer experiences. These stories showcase tangible results and demonstrate the potential of the HubSpot API in action.
For instance, an e-commerce company integrated the HubSpot API with its customer support system, resulting in faster response times and improved issue resolution. This integration streamlined the support process, leading to higher customer satisfaction and loyalty.
Another example involves a software company that utilized the HubSpot API for targeted marketing campaigns. By leveraging customer data and segmentation, they were able to personalize their email marketing campaigns based on customers’ purchase history and preferences. This approach resulted in higher open rates, click-through rates, and ultimately, increased sales.
These success stories demonstrate how businesses can leverage the HubSpot API to enhance customer experiences. Whether through improved support processes, personalized marketing campaigns, or targeted messaging, the HubSpot API offers tangible benefits that contribute to customer satisfaction, engagement, and loyalty.
The HubSpot API empowers businesses to enhance customer experiences through personalization, segmentation, integrated customer support systems, targeted marketing campaigns, and more. By leveraging the capabilities of the HubSpot API, businesses
Unlocking New Opportunities: Exploring Third-Party Integrations and Extensions: The HubSpot API provides seamless integration with a multitude of third-party tools and platforms, enabling businesses to extend their capabilities and streamline operations. These integrations cover various areas such as CRM, marketing automation, customer support, analytics, and more. By exploring and leveraging these integrations, businesses can enhance their workflows, improve efficiency, and unlock new levels of productivity. For example, integrating HubSpot with popular project management tools allows for efficient collaboration and streamlined task management, leading to improved team productivity and project outcomes.
Expanding Marketing Reach through Social Media Integrations: Social media platforms have become essential channels for businesses to reach and engage with their target audience. By integrating HubSpot with social media platforms such as Facebook, Instagram, LinkedIn, and Twitter, organizations can expand their marketing reach and amplify their message. With these integrations, businesses can manage their social media presence and launch targeted campaigns directly from the HubSpot CRM. This centralized approach not only saves time and effort but also allows for more effective campaign management, audience targeting, and performance tracking. Expanding marketing reach through social media integrations empowers businesses to connect with their audience on popular platforms, drive brand awareness, and generate valuable leads.
Leveraging HubSpot API for E-commerce and Sales Automation: E-commerce businesses can leverage the power of the HubSpot API to automate and optimize their sales processes. By integrating their e-commerce platforms with HubSpot, businesses can seamlessly sync customer data, order information, and purchase history. This integration enables personalized communication, targeted marketing campaigns, and efficient lead nurturing. With the HubSpot API, businesses can automate various sales and marketing activities such as lead scoring, email campaigns, abandoned cart recovery, and customer segmentation. This automation streamlines processes, improves conversion rates, and enhances the overall customer experience.
Case Studies of Businesses that have Tapped into New Opportunities with HubSpot API: Real-life success stories serve as inspiring examples of how businesses have leveraged the HubSpot API to tap into new opportunities and achieve remarkable results. For instance, a software company integrated HubSpot with their customer support system, resulting in improved response times, enhanced customer satisfaction, and increased retention rates. Another case study involves an e-commerce business that utilized the HubSpot API to automate their sales processes, resulting in higher conversion rates and revenue growth. These case studies highlight the versatility and impact of the HubSpot API across different industries and business models.
Future Trends and Possibilities:
Emerging Trends in HubSpot API Development:
Increased Integration Capabilities: HubSpot API development is witnessing a significant focus on expanding integration capabilities. Developers are constantly working on building connectors and improving compatibility with various tools and platforms, allowing businesses to create seamless workflows and access a wider range of functionalities.
Enhanced Data Analytics and Reporting: With data becoming increasingly crucial in decision-making, HubSpot API development is geared towards providing more robust data analytics and reporting features. Businesses can expect enhanced insights, real-time tracking, and advanced reporting capabilities, enabling them to make data-driven decisions and optimize their marketing strategies effectively.
AI and Automation Integration: Artificial Intelligence (AI) and automation are shaping the future of marketing and customer experiences. HubSpot API development is likely to incorporate AI capabilities, allowing businesses to automate repetitive tasks, personalize interactions at scale, and improve overall efficiency and effectiveness.
Predictions for the Future of HubSpot API and Business Growth:
Seamless Customer Journey: The future of the HubSpot API holds the promise of delivering a seamless customer journey. As integration capabilities continue to evolve, businesses will be able to create holistic customer experiences by connecting various touchpoints, systems, and data sources. This integration will enable businesses to provide consistent, personalized, and frictionless experiences, ultimately leading to increased customer satisfaction and loyalty.
Advanced Personalization: The HubSpot API’s future will empower businesses to achieve advanced levels of personalization. By leveraging AI and machine learning, businesses can gather and analyze vast amounts of customer data, enabling hyper-personalized interactions across marketing, sales, and customer support. Personalization will drive engagement, build stronger relationships, and ultimately fuel business growth.
Enhanced Automation and Efficiency: With the integration of AI and automation, the HubSpot API will unlock new levels of automation and efficiency. Businesses will be able to automate repetitive tasks, streamline processes, and optimize resource allocation. This automation will free up valuable time and resources, allowing businesses to focus on strategic initiatives and drive growth.
Tips for Businesses to Prepare for the Evolving Landscape of HubSpot API:
Stay Informed: To navigate the evolving landscape of the HubSpot API, businesses should stay up-to-date with the latest developments, trends, and best practices. Regularly engage with HubSpot documentation, forums, and community events to gain insights and leverage new features effectively.
Experiment and Innovate: Embrace a mindset of experimentation and innovation when utilizing the HubSpot API. Test new integrations, explore different use cases, and adapt strategies based on data and customer feedback. Being proactive and open to new ideas will allow businesses to stay ahead of the curve and leverage the full potential of the API.
Foster Collaboration: Engage with developers, partners, and industry experts to foster collaboration and exchange ideas. Networking and collaboration can provide valuable insights, tips, and potential partnership opportunities that can drive growth and success in the HubSpot API ecosystem.
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Managed Security Services Market Outlook: Growth and Development Forecast (2023-2035)
Managed Security Services Market Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of managed security services in terms of market segmentation by solution type, security type, deployment mode, enterprise size, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
Managed Security Services Market Statistics
USD 25 billion revenue in 2022
Record USD 62 billion revenue by 2035
The market size slated to observe 14% growth rate through 2023-2035
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The Internet has been one of the most transformative and fast-growing technologies. According to The World Bank, as of 2020, 60% of the population. Increasing internet penetration is driving the need to manage internet security, especially for organizations. This is a key factor driving the global managed security services market, which is estimated to generate a revenue of approximately USD 58 Billion by 2035 by growing at a CAGR of nearly 15% over the forecast period, i.e., 2023 – 2035.
The growth of the market can also be attributed to growing trends of BYOD among organizations. The market is segmented by solution type into identity & access management, firewall management, intrusion detection & prevention, distributed denial of services, endpoint security, unified threat management, secured information & event management, out of which, the intrusion detection & prevention segment is anticipated to hold the largest share on the back the capability of this solution to secure network and monitor network traffic for signs of possible attacks.
Geographically, the global managed security services market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, North America is anticipated to hold the largest market share owing to owing to increasing cases of security breach in the region. Additionally, Asia-Pacific region is estimated to witness fastest growth during the forecast period.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
According to recent study by Research Nester, the market size is anticipated to surpass USD 62 Bn by 2035 and is projected to expand at CAGR of over 14% from 2023 to 2035.
Major players include in the global Keyword market:
IBM,
SecureWorks, Inc.,
Verizon,
Trustwave Holdings, Inc.,
Broadcom Inc.,
AT&T Inc.,
BAE Systems,
CIPHER,
Accenture,
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The detailed segments and sub-segment of the market are explained below:
By Deployment Mode
On-premises Cloud By Solution Type
Identity & Access Management Firewall Management Intrusion Detection & Prevention Distributed Denial of Services Endpoint Security Unified Threat Management Secured Information & Event Management By Security Type
Network Security Cloud Security Endpoint Security Application Security By Enterprise Size
Small & Medium-sized Enterprises Large Enterprises By End User
BFSI IT & Telecommunications Government & Defense Manufacturing Healthcare Retail Energy and Utilities Others
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Growing Incidences of Security Breach in Organizations Resulting in Data Loss to Boost Market Growth
Cyber security breaches are growing continuously in both frequency and sophistication. Organizations are frequently falling victim to attacks leading to disruption in operation and losing significant revenue and reputation. Keeping up with the incredibly fast evolving cyber threats, organizations choose to shift to outsourced security resources to gain security expertise and lessen the expenditure. With organisations leveraging the flexibility of hybrid cloud benefits to create a unified security approach and manage their security strategy efficiently, demand for managed security services is increasing exponentially. These factors are majorly fostering the growth of the global managed security services market.
However, lack of capital resources in mostly SMEs, skilled IT professionals to handle challenging situations, and reluctance and trust issues on third-party applications to share sensitive data are expected to operate as barriers to the growth of global managed security services market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global managed security services market which includes company profiling of NTT Limited, among others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global managed security services market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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The Business Research Company offers unified endpoint management market research report 2023 with industry size, share, segments and market growth
#unified endpoint management market analysis#unified endpoint management market segments#unified endpoint management market forecast#unified endpoint management market growth#unified endpoint management market overview#unified endpoint management market share#unified endpoint management market size#unified endpoint management market outlook#global unified endpoint management market#unified endpoint management market trends
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Canada Insurance IndCanadatry: Future Demand, Market Analysis & Outlook upto 2030
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Canada Bimetallic Bandsaw Blade Market Trends 2023: Updated BCanadainess Statistics and New Research Methodology
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Korean Managed Security Services Market - Forecast(2024 - 2030)
Korean Managed Security Services Market Overview
Korean Managed Security Services Market size was valued at US$ 11.79 billion in 2020 and is estimated to grow at a CAGR of 11.28% during the forecast period 2021-2026. With the increasing penetration of digitalization in business organizations and massive adoption of cloud based applications in Korea, the demand for the Korean Managed Security Services Market is estimated to gain huge traction. The alarming growth in the number of sophisticated cyber-attacks such as multi-vector Distibuted Denial of Services (DDoS) attacks, SQL injection has resulted in the growth of the market. The increasing security breaches in BFSI sector has contributed to the growth of strong regulation and compliance requirements. The growing concerns among Korean Government bodies and enterprises to protect confidential data from security breaches have accelerated the demand for threat detection, endpoint security and stringent security policy implementation. Moreover, the growing demand for outsourcing security services to increase operational efficiency and rising adoption of firewall management among enterprises to ensure network security are analyzed to drive the market during the forecast period 2021-2026. According to Economic Times reports, South Korea will be investing USD 5.3 billion into science and ICT research work in 2021. Such investments are estimated to fuel the market growth during 2021-2026.
Report Coverage
The report: “Korean Managed Security Services Market – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Korean Managed Security Services Market
By Type: Firewall Management, Intrusion Detection & Prevention Management, Secure Web Gateways, Unified Threat Management, Secure SD WAN, Identity & Access Management, Endpoint Security Services, Managed Monitoring & Compliance Services, Cloud Security Services, Others.
By deployment: Cloud, On-site MMS, Hybrid MMS.
By Organization Size: Micro/ Small & Medium-Sized Enterprises, Large Enterprises.
By Industry Vertical: Defense, Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Healthcare, Education, General Manufacturing, Retail and E-commerce, Logistics & Transportation, Government and Public Sector, Others.
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Key Takeaways
Cloud deployment is estimated to dominate the market during 2021-2026 due to its hassle-free deployment and pay per usage model.
BFSI sector is analyzed to hold the major market share growing at a CAGR 12.56% during 2021-2026 owing to rising cyber-attack in the sector.
Increasing penetration of digitalization and alarming growth in number of cyber-attacks are analyzed to drive the market.
Lack of awareness about cyber-security among many enterprises is one of the challenges impeding the growth of the market.
Korean Managed Security Services Market Segment Analysis – By Deployment
By deployment, Korean Managed Security Services has been segmented into cloud, on-site MMS and hybrid MMS. Cloud Segment held the major market acquiring a share of 34% in 2020 and is estimated to dominate the market growing at a CAGR 13.78% during the forecast period 2021-2026 owing to reduced operational cost and higher scalability. The increasing adoption of cloud infrastructure in various business organizations has significantly triggered the growth of the market. Cloud-based deployment removes the hassle of maintaining and updating systems to fulfill business strategies. With this deployment, data can be synchronized seamlessly from multiple sources as it provides the ability to communicate and share data more easily than on-premise. Moreover, advanced benefits of cloud deployment such as ease of deployment, and pay per usage model is analyzed to drive the market. According to reports, in June 2019, KT, a South Korean telecommunication firm announced to invest USD 421 million to expand cloud computing businesses. Such investments are anticipated to boost the market during 2021-2026.
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Korean Managed Security Services Market Segment Analysis – By Industry Vertical
By industry vertical, Korean Managed Security Services has been segmented into Defense, Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Healthcare, Education, General Manufacturing, Retail and E-commerce, Logistics & Transportation, Government and Public Sector and Others. BFSI sector is analyzed to dominate the market during the forecast period 2021-2026. BFSI is also anticipated to witness the fastest growth with a CAGR of 12.56% owing to increasing cyber-attacks. The drastic technology-based changes in BFSI sector has led to massive and large volume of data generation and processing. The banking sector has adopted cloud based storage techniques to simplify the digital banking processes. Improper or weak integration of IT infrastructure to facilitate mobile banking can lead to disruption of services, information leakage, false data injection or forceful access of data by unauthorized personnel. BFSI sector holds sensitive and confidential financial data which must be protected to avoid data breaches and cyber-attacks. With the increasing demand for securing networks from vulnerable attacks in BFSI sector the demand for managed security services has gained a huge traction. In April 2020, KB Bank, a South Korean bank has signed an agreement with Trustonic, a UK-based cyber security provider to make its mobile banking app more secure. Such partnerships are set to drive the market during 2021-2026.
Korean Managed Security Services Market Drivers
Rapid transition towards digitalization is set to drive the market during 2021-2026
The increasing convergence of digitalization with different industry verticals has resulted into large volume of data generation. Increasing penetration of High speed machine-to-machine (M2M) communication, digital banking platforms, E-commerce and massive transition towards cloud infrastructure have accelerated the demand for unified monitoring and cyber threat prevention. The growing need among business organizations for outsourcing security services to alleviate the pressures for protecting IT assets and ensuring information security has contributed to the growth of the market. The massive adoption of cloud applications has led to growth in a number of data centers and massive growth of data centers has also resulted into high demand for cloud security services and security audit & assessment have significantly triggered the market growth for managed security services. In November 2020 SK Telecom announced to merge it’s two subsidiaries SK Infosec and ADT Caps to dominate South Korean Security services market by developing innovative security solutions and platforms. Such collaborations are set to drive the market from 2021 to 2026.
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The exponential growth in sophisticated Cyber-attacks is boosting the market growth
Increasing adoption of digital business strategy to generate new business outcomes leveraging IoTs, cloud computing has attracted cyber-terrorists or hackers to target web servers or online services or devices. With the quick and massive adoption of digitalization in Defense, Banking & Finance and advancements in E-commerce, IT & Telecommunication has contributed to the growth of Korean Managed Security Services. Banking sector has adopted cloud based storage techniques to simplify the digital banking processes. Weak IT infrastructure in BFSI sector can lead to disruption of services, information leakage, false data injection or forceful access of data by unauthorized personnel. BFSI sector holds sensitive and confidential financial data which must be protected to avoid security breaches and cyber-attacks. The increasing number of malicious network attacks, identity theft have fueled the demand for around the clock monitoring, anti-virus protection to ensure the safety of IT assets and thus accelerating the adoption. Increasing concern among organizations about the goodwill and loss of productivity when they are threatened with cyber-attacks is analyzed to accelerate the market growth during the forecast period 2021-2026. In November 2019, SK Telecom and Kakao signed a strategic partnership and announced to swap shares valuing USD 256 million to accelerate the digital business strategies. Such partnerships are set to propel the market growth during 2021-2026.
Korean Managed Security Services Market Challenges
Lack of awareness about digital security among enterprises is hampering the adoption in Korea
According to the South Korean Ministry of Science and ICT, South Korea has suffered 127 ransomware attacks in 2020. The increasing number of cyber threats and attacks in Korean organization network have made it inevitable for enterprises to adopt Managed Security Services to get real-time protection from sophisticated web security threats and attacks. But, many small and medium enterprises in this region are still reluctant about adopting additional security services against cyber-attacks. Lack of technical awareness among various enterprises about mitigating the risks associated with cyber threats is hampering the adoption. However, increasing investments towards cyber-security in Korea is set to offset this challenge and promote a healthy growth during the later stages of 2021-2026 in this region.
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Korean Managed Security Services Market Landscape
Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Korean Managed Security Services Market. In 2020, the market of Korean Managed Security Services industry outlook has been fragmented by several companies. Korean Managed Security Services top 10 companies include:
SK Infosec
Ahn Lab INC
IGLOO Security, Inc.
IBM Corporation
AT&T Inc.
Ahope Co Ltd.
AirCUVE Inc.
eGlobal System Co Ltd.
Seculetter Co Ltd
NexG Co Ltd.
Acquisitions/Product Launches
In April 2021, AhnLab announced to collaborate with LG CNS, the information technology wing of South Korea's LG Group to cooperate in cloud security businesses.
In October 2020, Seculetter announced a partnership with BlueZebra for accelerating security management platform.
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IoT Security Market Worth $59.16 Billion by 2029 — Exclusive Report by Meticulous Research®
According to a new market research report titled, “IoT Security Market by Component (Solutions, Services), Type (Network Security, Cloud Security), Deployment Mode, Organization Size, Application (Smart Manufacturing, Smart Retail), End-use Industry (Manufacturing, Retail, and Others) — Global Forecasts to 2029”, published by Meticulous Research®, the IoT security market is expected to grow at a CAGR of 21.2% from 2022–2029 to reach $59.16 billion by 2029.
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The Internet of Things (IoT) security is a technological solution used for safeguarding networks of connected devices. The security solutions aim to eradicate vulnerabilities and equip devices to identify, resist and recover from cyber-attacks. Several industries and organizations, including manufacturing, government, retail, and healthcare, are deploying this technology worldwide on a considerable scale. Growing IoT deployment, the increasing number of ransomware attacks on IoT devices, and growing IoT security regulations are the key factors driving the growth of the IoT security market. However, the increase in new variants of IoT threats and the negative impacts of the COVID-19 pandemic on the global economy are expected to restrain the growth of this market to some extent.
Impact of COVID-19 on the IoT Security Market
The COVID-19 pandemic adversely impacted the global economy. Several countries imposed strict lockdowns to contain the infection, leading to the closure of manufacturing industries and disruptions in supply chains and production schedules. There have been significant impacts on technology supply chains globally. Uncertainty regarding the duration of the lockdowns and supply chain disruptions made it an arduous task for industry players to anticipate the resurgence in the IoT security industry. Thus, the crisis caused structural shifts that had significant implications on this industry.
The lockdown negatively impacted the manufacturing, automotive, retail, and transportation industries. However, the adoption of IoT security witnessed a significant rise in the healthcare sector. The rapid spread of the COVID-19 outbreak strained the global healthcare networks and systems, affecting critical, life-saving operations and processes. Also, with the rise of telemedicine and remote working due to the COVID-19 pandemic, vigilance became an even greater priority in the healthcare sector. Therefore, healthcare facilities increasingly adopted IoT security technology to control fraud related to health devices and patient data security. Also, IoT security solutions play a significant role in handling uncertainties in the manufacturing sector. These solutions facilitate secure communication, unified threat management, and identity and access management. Such applications have helped the IoT security market sustain during the COVID-19 crisis.
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IoT Security Market Overview
The IoT security market is segmented based on component (solutions, services), type (network security, endpoint security, application security, cloud security, other security types), deployment mode (on-premises, cloud-based), organization size (small & medium enterprises, large enterprises), application (smart manufacturing, smart retail, smart energy management, connected cars, connected logistics, connected healthcare, smart supply chain, other applications), end user (manufacturing, government & public, retail, consumer electronics, automotive, healthcare, energy & utilities, supply chain & logistics, transportation, and other end users), and geography. The study also evaluates industry competitors and analyses the market at the country level.
Based on component, the solutions segment accounted for the largest share of the overall IoT security market in 2021. The large share of this segment is mainly attributed to the growing number of IoT deployments, the increasing focus on solution-centric security capabilities, and the rising vulnerabilities on IoT devices. In addition, the benefits offered by IoT security, such as high performance, reliability, comprehensive vulnerability coverage, efficiency, and real-time applications, further augment the growth of this segment. However, the service segment is expected to record the fastest growth during the forecast period due to the wide adoption of IoT security services across numerous industry verticals.
Quick Buy – “IoT Security Market by Component (Solutions, Services), Type (Network Security, Cloud Security), Deployment Mode, Organization Size, Application (Smart Manufacturing, Smart Retail), End-use Industry (Manufacturing, Retail, and Others) – Global Forecast to 2029” Research Report: https://www.meticulousresearch.com/Checkout/85214234
Based on type, the network security segment accounted for the largest share of the overall IoT security market in 2021. The large share of this segment is mainly attributed to the rising incidences of data breaches, the growing demand for filtering and monitoring network traffic, and the increasing need to protect connected network infrastructure. However, the cloud security segment is expected to record the fastest growth during the forecast period. The rising need to secure workload on the cloud is expected to support the growth of this segment.
Based on application, the smart manufacturing segment accounted for the largest share of the overall IoT security market in 2021. The large share of this segment is mainly attributed to the growing cybersecurity risks, the rising demand for real-time security monitoring, and the growing automation in the industry. However, the connected logistics segment is expected to record the fastest growth during the forecast period.
Based on geography, North America accounted for the largest share of the global IoT security market in 2021. The large share of this region is attributed to the presence of prominent players offering advanced IoT security solutions and services to various sectors in the region. Also, in 2020, the U.S. government passed a new IoT cybersecurity law, the NIST Internet of Things Cybersecurity Improvement Act, to increase cybersecurity for IoT devices. Thus, favorable government initiatives across the region and investments by major IoT security companies are further accelerating the growth of this market in the region.
However, Asia-Pacific region is expected to witness rapid growth during the forecast period. The region is transforming dynamically with respect to the adoption of new technologies across various sectors. The infrastructural growth in APAC, especially in China, South Korea, Australia, Singapore, Japan, and India, and the high IoT penetration provide huge opportunities for the IoT security solutions. For instance, according to GSMA Intelligence, the number of IoT connections in Asia-Pacific is expected to grow to 11.5 billion by 2025.
The key players operating in the global IoT security market are Cisco Systems, Inc. (U.S.), Forescout Technologies, Inc. (U.S.), Fortinet, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), Rapid7, Inc. (U.S.), Armis, Inc. (U.S.), Microsoft Corporation (U.S.) Entrust Corporation (U.S.), Karamba Security Ltd. (Israel), ForgeRock, Inc. (U.S.), IBM Corporation (U.S.), Checkpoint Software Technologies, Ltd. (Israel), Allot Communications Ltd. (Israel), JFrog, Inc. (U.S.), Broadcom, Inc. (U.S.), and PTC, Inc. (U.S.) among others.
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Scope of the Report
IoT Security Market, by Component
Solutions
Identity and Access Management
Data Encryption and Tokenization
Intrusion Detection System/Intrusion Prevention System
Distributed Denial of Service Protection
PKI Lifecycle Management
Secure Communications
Unified Threat Management
Security Analytics
Other Solution (Incidence Response System, Device Authentication and Management)
Services
Professional Services
Consulting services
System Integration Services
Training and Maintenance Services
Managed Services
IoT Security Market, by Type
Network Security
Application Security
Cloud Security
Endpoint Security
Other Security Types (Email Security, Web Security)
IoT Security Market, by Deployment Mode
On-premises
Cloud-based
IoT Security Market, by Organization Size
Large Enterprises
Small & Medium Enterprises
IoT Security Market, by Application
Smart Manufacturing
Smart Retail
Smart Energy Management
Smart Supply Chain
Connected Healthcare
Connected Logistics
Connected Cars
Other Applications (Smart Education, Smart Agriculture)
IoT Security Market, by End-use Industry
Manufacturing
Government & Public
Retail
Smart Consumer Electronics
Healthcare
Automotive
Energy & Utilities
Supply Chain Logistics
Transportation
Other End-use Industries (Education, BFSI, Agriculture, etc.)
IoT Security Market, by Geography
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Sweden
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia and New Zealand
Singapore
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of MEA
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