According to new market research
report on "Spear Phishing Market by
Component (Solutions, Services), Deployment Type (Cloud, Hybrid, On-Premises),
Organization Size (SMEs, Large Enterprises), Vertical (BFSI, Government &
Defense, Critical Infrastructure), and Region - Global Forecast to 2022",
The spear phishing market is projected to grow from an estimated USD 840.7 Million
in 2017 to USD 1,401.6 Million by 2022, at a CAGR of 10.8% from 2017 to 2022.
Browse and
in-depth TOC on “Spear Phishing Market”
47 - Tables
71
- Figures
130
- Pages
"Spear Phishing Market by Component (Solutions, Services),
Deployment Type (Cloud, Hybrid, On-Premises), Organization Size (SMEs, Large
Enterprises), Vertical (BFSI, Government & Defense, Critical
Infrastructure), and Region - Global Forecast to 2022"
The market is primarily driven by the increasing spear phishing attacks, increasing adoption of BYOD policy in organizations and the growth of cloud email security solutions. Moreover, rising cyber threats to critical infrastructure, and the growing volume of digital data, is driving the adoption of spear phishing solutions.
Based
on component, the solutions segment is expected to grow at the highest CAGR
during the forecast period
Based on component, the spear
phishing market has been segmented into solutions and services.
The
solutions segment is expected to grow at the highest CAGR from 2017 to 2022. Solutions
provide filtering spam, data loss prevention, email encryption, threat
intelligence, email archiving, and alerts for malware attacks, which is driving
the growth of the solutions segment of the spear phishing market.
Based on vertical, the critical
infrastructure segment is projected to grow at the highest CAGR during the
forecast period
Based
on vertical, the critical infrastructure segment is estimated to grow at the
highest CAGR in the spear phishing market. The critical infrastructure industry
vertical includes energy grid plants, nuclear plants, and water facilities. The
demand in this segment can be primarily attributed to the rise in investments
for technological and security based solutions.
Latin America spear phishing
market estimated to grow at the highest CAGR during the forecast period
The
spear phishing market has been studied for North America, Europe, Asia-Pacific,
the Middle East & Africa, and Latin America. The highest growth rate of the
Latin America region can be attributed to the increasing use of mobile devices
in this region, as also rise in demand for solutions from BFSI and other
verticals is driving the spear phishing market in this region. Countries such
as Mexico, Brazil, Argentina, Chile, Panama, and Venezuela are expected to
witness high growth rates in the spear phishing market.
Major
players in this market include Bae Systems PLC (U.K.), Barracuda Networks, Inc.
(U.S.), Cisco Systems, Inc (U.S.), Forcepoint, LLC (U.S.), GreatHorn, Inc.
(U.S.), Intel Security (U.S.), Microsoft Corporation (U.S.), and Proofpoint,
Inc. (U.S.), among others.
Contact:
Mr.
Rohan
MarketsandMarkets™
UNIT
no 802, Tower no. 7, SEZ
Magarpatta
city, Hadapsar
Pune,
Maharashtra 411013, India
1-888-600-6441
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