Global Spear Phishing Protection Market Expand at a CAGR of 9.6% and Valuation of US$1,839.8 mn by 2025.

Albany, USA, 2018-Jun-11 — /EPR Network/ —Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Spear Phishing Protection Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”.

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Spear phishing is an email phishing attack that targets an individual or a particular organization, to gain access to confidential information or sensitive data. Spear phishing attempts are more likely to be conducted by convicts for acquiring trade secrets, financial data, or military information. Spear phishing protection is used to filter out all those unsolicited emails and protect an individual’s information from hackers. Factors such as the rising adoption of cloud email security solutions, rising number of cybercrimes in different end use industries such as banking and financial sector, defense, healthcare and retail sector, and rise in internet penetration across the world have led to the expansion of the spear phishing protection market.

Moreover, rise in BYOD applications is one of leading factors responsible for the growth of spear phishing protection market over the forecast period. The spear phishing protection market, as a result, is expected to witness an increase in market growth between 2017 and 2025. However, lack of proper knowledge and awareness about cyber-attacks is anticipated to hinder the growth of the spear phishing protection market.

The report states that the global spear phishing protection market stood at US$ 817.2 mn in 2016. The study projects the global spear phishing protection market to expand at a CAGR of 9.6% during the period from 2017 to 2025, rising to a valuation of US$1,839.8 mn by 2025.

Based on component, the spear phishing protection market is segmented into solutions and services. Solutions segment is further sub segmented into cloud, hybrid and on-premise. Cloud based solution sub-segment held the largest market share in the global spear phishing market in 2016 and is expected to see robust growth over the forecast period.

The services segment is segmented into professional services and managed services. The professional services segment is estimated to account for a significant chunk of the market, followed by managed services during the forecast period. Rising number of cyber-attacks is expected to propel professional services demand over the forecast period. Managed security services is one of the most favored cyber security technologies, and is developing rapidly due to effortlessness operations and management in banking and financial sector, telecommunications, and healthcare.

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The report also includes key industry developments in the spear phishing protection market. The report also covers segment wise, market attractiveness analysis and market positioning analysis for all regions covered in the scope of study.

This report shows market attractiveness analysis for all the segments and for all the regions in the scope of the study which identifies and compares segments market attractiveness on the basis of CAGR and market share index.

The report also includes competition landscape which include competition matrix, market position analysis of major players in the global spear phishing protection market based on their 2016 revenues, profiling of major players. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various recent developments carried out by the leading players.

Company profiling includes company overview, major business strategies adopted, SWOT analysis and market revenues for past years. The key players profiled in the global spear phishing protection market include Microsoft Corporation,Symantec Corporation, BAE Systems, GreatHorn, Inc., Cisco Systems Inc., FireEye Inc., Proofpoint, Inc., Intel Corporation, Mimecast Ltd., and Phishlabs.

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