The "Proactive Security Market by Solution, Service, Organization Size, Industry Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global proactive security market size is expected to grow from USD 20.66 billion in 2018 to USD 41.77 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.
The market is driven by strategic shift toward proactive security due to increasing sophistication in attacking techniques, rising need to manage stringent regulations and compliances, and rising adoption of IoT, smart mobile devices, and BYOD trends. However, budgetary constraints to deploy proactive cybersecurity solutions may restrain the proactive security market growth.
The risk and vulnerability management solution is estimated to hold the largest market share in 2018. The segment has witnessed a tremendous growth in the recent years, due to its features that provide direction to assess risks associated with security weaknesses and the evolving threats. This process provides organizations with a better understanding of assets, security flaws, and overall risks, reducing the possibility that a cybercriminal would breach their systems and catch the business off guard.
The large enterprises segment is expected to hold a larger market size in the proactive security market during 2018-2023. Large enterprises are the early adopters of proactive security software and associated services. Though large enterprises have the necessary budgets to use on-premises proactive security software, they are moving toward the cloud deployment mode to avail benefits, such as increased availability, high scalability, and the low cost of deployment. However, many IT environments and the inability of IT systems to communicate with each other are expected to be the chief reasons for the increased deployment of proactive security software and services among large enterprises.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Proactive Security Market, By Component
7 Proactive Security Market, By Organization Size
8 Proactive Security Market, By Industry Vertical
9 Proactive Security Market, By Region
10 Competitive Landscape
11 Company Profiles
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005959/en/