Two new reports forecast global cyber security market

Cloud enablement 112Dallas, TX-based RnRMarketResearch.com announced on November 25 that it has added two new reports to the cyber security industry intelligence collection of its data and research library.

The Cyber Security – Emerging Trends and Investment Outlook 2014 market research report analyzes the global cyber security environment, potential sources of cyber-attacks, preferred strategies deployed to counter cyber-attacks, and planned investment on cyber security products and services over the next two years. This report also examines executive opinions about the potential impacts of cyber attacks on organizations. Furthermore, it analyzes key barriers to cyber security, identifies prominent markets for cyber security products and, projects demand for cyber security products and services over the next two years.

According to the firm, this report is the result of an extensive survey drawn from an exclusive panel of leading global defense industry executives. The report analyzes prevailing cyber security scenario, and possible impact of cyber-attacks on organizations. Furthermore, it provides information about the potential sources of cyber-attacks, significant countermeasures against cyber attacks, and projects change in budget for cyber security products and services during 2015 as compared to 2014. Moreover, this report evaluates key challenges in handling cyber warfare threats and identifies potential markets for cyber security products over the next two years.

The U.S. Banking, Financial Services, Retail & Payment Cybersecurity Market – 2015-2020 research report says U.S. financial institutions cybersecurity market is the largest and fastest growing private sector cybersecurity market, exceeding$77 billion in cumulative 2015-2020 revenues. Based on our October 2014 survey of financial industry CEOs, CISOs and CIOs, we forecast a onetime 2015/2014 market hike of 23%. Also included with this report is a roster of 21,643 banking and financial services enterprises who are potential cybersecurity customers. 87% of the listed enterprises include corporate contact information.

Source: PR Newswire