Surge in security breaches and data attacks leading to high recovery costs are the major factors that drive growth of the market. In addition, digital transformation and strict government regulations such as GDPR, PCI, and DSS across the globe are expected to supplement the market growth. However, high implementation costs related to proactive services hampers growth of the market.
Furthermore, increase in adoption of internet of things (IoT) and BYOD trend are expected to provide lucrative opportunities for the global proactive security market.
COVID-19 Scenario Analysis:
➢ Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, and expected to significantly affect the proactive security market in 2020.
➢ Though governments have imposed lockdowns to contain spread of the virus, businesses have initiated work from home, which has led to surge in internet use among industries and more data uploaded on the internet making it more vulnerable to data breaches so companies are investing in proactive security solutions to prevent any dangers before they occur, which is expected to fuel the proactive security market in the future.
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The surge in security breaches and data attacks leading to high recovery costs are the major factors that drive the growth of the market. In addition, digital transformation and strict government regulations such as GDPR, PCI, and DSS across the globe are expected to supplement the market growth. However, high implementation costs related to proactive services hamper growth of the market. Furthermore, the increase in adoption of internet of things (IoT) and BYOD trend are expected to provide lucrative opportunities for the global proactive security market.
Governments have made strict rules and regulations such as GDPR, PCI, and DSS, which require companies to change their strategy and invest in proactive security solutions. In addition, rise in number of cyber-attacks and malware attacks have made companies adopt for proactive security solutions, which, in turn, boosts the proactive security market growth.
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The report has offered an all-inclusive analysis of the global Proactive Security Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge soon and positively impact the overall industry growth.
Key benefits of the report:
➢ This study presents analytical depiction of the Proactive Security market along with the current trends and future estimations to determine the imminent investment pockets.
➢ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Proactive Security market share.
➢ The current Proactive Security market is quantitatively analyzed to highlight the market growth scenario.
➢ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
➢ The report provides a detailed Proactive Security market analysis based on the present and future competitive intensity of the market.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
Leading Market Players:
➢ Comprehensive analysis and profiles of the major market players such as
Oracle Corporation, Trustwave, Demisto, Swimlane, Securonix, IBM Corporation, FireEye, Centrify, Qualys, Aricent, Intel Corporation, Palo Alto Networks, FireMon, LogRhythm, Symantec Corporation, Corvil, CyberSponse, RSA Security LLC, AlienVault, Phantom, Rapid7, ThreatConnect, Skybox Security, Siemplify, Cisco Corporation
These players have adoted various strategies to increase their market penetration and strengthen their position in the industry. Current and future Proactive Security market trends are outlined to determine the overall attractiveness of the market.
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