Internet Security Market by manufacturers, countries, type and application 2026


Posted October 20, 2020 by rohit890

Internet security is a branch of computer security that is related to the protection of computer systems from numerous security threats such as viruses, malware, worms,
 
Market Overview

Internet security is a branch of computer security that is related to the protection of computer systems from numerous security threats such as viruses, malware, worms, Trojan horses, and others via Internet. Internet security also involves security of browsers and networks. Browser security is used to protect networked data and computer systems, whereas network security comprises policies and practices that are used to prevent and monitor unauthorized access, misuse or denial of a computer network.

Increasing usage of Internet globally is a major factor driving growth of the internet security market. This is due to rapid expansion in wireless communication technology across numerous verticals. For instance, according to report by Coherent Market Insights, the number of internet users across the world were around 3.38 billion and 3.25 billion in 2016 and 2015, respectively. Internet security solutions are widely used in industries such as BFSI (Banking, Financial Services and Insurance), telecommunication, and healthcare to protect large volume of data from increasing cyber-attacks, which fuels growth of the market of internet security.

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Market Dynamics

On the basis of geography, the global internet security market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America and Europe are dominant regions in the global internet security market in 2017. This is owing to high presence of leading manufacturers and solution providers of internet security systems in the regions of North America and Europe. For example, Symantec Corporation, Cyber Ark Software Ltd., and Sophos Ltd. are the major players in the market of internet security.

Asia Pacific has been witnessing considerable growth in the internet security market since the recent past, owing to increasing number of mobile phone internet users in countries such as India, China, and Indonesia. For instance, according to report by Internet Assigned Number Authority (IANA), in China, 97.1% of the mobile phone users accessed the internet from their mobile phone in 2017, which was 95% in 2016. Furthermore, high investment made by private industries in development of internet security, to prevent agile software and avoid further losses of companies is another factor expected to aid in growth of the market in the region.

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Key players operating in the global internet security market include IBM Corporation, Hewlett Packard Enterprise, McAfee LLC, Trend Micro, Inc., Symantec Corporation, Cisco Systems, Inc., Palo Alto Networks, Inc., Dell EMC, Fortinet, Inc., Sophos Ltd., Rapid7, Inc., CyberArk Software Ltd., Splunk, Inc., and Imperva, Inc.

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Last Updated October 20, 2020