Automotive Transmission Market is well-organized goods with increased performance is anticipated to drive demand over the anticipate period

The global automotive transmission market size is expected to reach USD 259.1 million by 2024 according to a new report by Grand View Research, Inc. increasing emission standards worldwide is one of the key reasons driving the growth of automotive transmission market. Gasoline engines emit toxic gasses and particles that are hazardous to the environment. Rising pollution and global warming effect has led to the implementation of various government regulations relating to vehicular emissions. Such guidelines have enforced the component suppliers to produce high-efficiency environment-friendly transmission systems for domestic and international markets.

Further, growing adoption for Automatic Manual Transmission (AMT) in the automotive industry is expected to fuel the demand over the forecast period. AMT is more efficient than other transmission systems and is easy to manufacture at low cost. Increasing adoption of AMT across compact cars segment is anticipated to grow further over the next few years.

Growing prominence for electrified transmissions among automotive manufacturers is expected to witness increasing penetration across regions including Europe and North America. Rising focus on hybrid vehicles and their positive impact on fuel economy and emissions in these regions will contribute to the adoption of the transmission systems.

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Further key findings from the study suggest:

• Automatic segment is anticipated to grow at CAGR of over 8.0% from 2016 to 2024. Advancements in the automotive industry and improvement in transmissions are leading to a shift towards automatic transmission segment. Automatic transmissions are easier to operate, efficient and accurate. Improvements in the function and fuel economy of automatic transmissions is essentially hampering the growth of manual transmission in the U.S.
• Diesel fuel type segment is expected to witness substantial growth at a CAGR of over 7.6% from 2016 to 2024. Growing demand for diesel engines is due to the high compression ratio, which allows better efficiency compared to gasoline engines. Moreover, these engines are prominently used in the SUVs segment cars across the world.
• Passenger cars segmented dominated the industry in 2015, which is expected to grow at a CAGR of nearly 8.0% over the forecast period. Rising demand for luxury vehicles with advanced features such as improved fuel economy and high efficiency owing to the rising disposable income of the countries such as India is anticipated to drive the demand. Off-road vehicle such as ATVs, Hummer vehicles, Monster a truck, Jeep vehicles and four-wheel drive systems are gaining popularity and is expected to drive the market over the next eight years.
• Stringent guidelines across the globe are anticipated to regulate the automotive transmission market over the future. Asia Pacific dominated the industry in 2015 and is expected to remain the same by 2024. Increasing automotive sales especially in countries such as Japan, India, China and South Korea is projected to favorably impact the market over the forecast period.
• Key industry participants include Aisin Seiki Co., Ltd., Allison Transmission Inc., BorgWarner Inc., Continental AG, Eaton Corporation PLC, Getrag, GKN PLC, Magna International Inc., Jatco Ltd., and ZF Friedrichshafen AG. Automotive manufacturers in the industry are investing immensely in its R&D operations to match the changing technological demands across the industry.

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Automotive Metal Stamping Market is predictable in interior & exterior structural components to drive market growth over the forecast period

The global automotive metal stamping market is expected to reach USD 112.38 billion by 2024, according to a new report by Grand View Research, Inc. The industry is anticipated to grow owing to the rising demand in automotive industry and low manufacturing cost. Increasing sheet metal usage in the production of automobile chassis, transmission components, interior & exterior structural components are expected to drive market growth over the forecast period.

Growing use of alloys such as titanium, cast aluminum, cast iron, and forged steel still form an integral part of automotive engines. Furthermore, technological advancements including the use of hybrid electromagnetically assisted sheet metal stamping machines which significantly reduces failures by controlling the strain distribution during stamping is expected to have a positive impact on industry growth.

The automotive manufacturing sector in Asia Pacific and Latin America is rapidly developing with major overseas OEMs establishing production plants to capture the local automobile demand. This has enabled technology transfer to these regions, thus promoting industry growth over the next eight years.

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Further key findings from the study suggest:

• Blanking automotive stamping process accounted for over 35% of the revenue share in 2015. Blanking is an integral part of automobile manufacturing chain owing to its precise and superior stamping ability. Furthermore, rising use of the technology in mass production lines is expected to propel demand over the forecast period.
• Coining technology is expected to witness significant growth, growing at a CAGR of over 3% from 2016 to 2024. Growing use of the technology in manufacturing precision parts that require finer polished surface finishes is likely to propel demand.
• Automotive metal stamping demand in commercial vehicles was valued at over USD 20 billion in 2015. Growing use of the technology in manufacturing components and body work in commercial vehicles is likely to propel demand over the next eight years. The manufacturing of commercial vehicles has been continuously growing in China, Japan, Germany and the U.S., which is expected to have a positive impact on market growth.
• North America demand for automotive metal stamping in cars was over 6 billion in 2015. Rising production of automobiles including cars and heavy trucks is expected to increase demand for the technology in the next eight years. Furthermore, the presence of major manufacturers including Ford, Chrysler, and General Motors is expected to promote growth opportunities over the forecast period.
• Key players in the industry include Aro Metal Stamping, Alcoa Inc., Kenmode Precision Metal Stamping, Martinrea International, Shiloh Industries, Inc., include Acro Metal Stamping, Lindy Manufacturing, Manor Tool & Manufacturing Company, American Industrial Company, Wisconsin Metal Parts, Inc., and Clow Stamping Co.

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Automotive Air Filters Market is expected to cultivate the market growth over the next eight years

The global automotive air filters market is expected to reach USD 8.62 billion by 2024, according to a new report by Grand View Research, Inc. rising disposable income coupled with the growth of global automobile industry and stringent emission norms is expected to drive the market growth over the next eight years.

The global automotive air filters market is estimated to witness a high growth owing to rising automobile production along with rapid industrialization and urbanization. Stringent emission control regulations are expected to foster the market growth.

Growing disposable income in developing regions such as Asia Pacific and the Middle East is presumed to drive the growth. Economies such as India and China are projected to have brisk growth and lead their regional market. Volatile raw materials cost is presumed to hamper the industry growth. The increase in electric vehicles production is also estimated to hinder the market growth shortly.

Favorable regulation such as EU and EEA member states emission standards which include Euro VI petrol and diesel norms. This norm is to govern light and commercial passenger vehicles emissions and is anticipated to have a positive impact on automotive air filters demand in engine components.

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Further key findings from the study suggest:

• Cabin filter emerged as the leading product segment and accounted for 51.6% of total market revenue in 2015. Cabin filters are estimated to grow at a rapid pace at an estimated CAGR of a 9.1% from 2016 to 2024. The growth can be attributed due to favorable emission control regulation and consumer concern towards safe car environment.
• Passenger car application segment dominated the automotive air filters demand and accounted for over 50% of the total market in 2015. Increasing demand in automobile industry coupled with rapid automobile production is expected to benefit the overall filters demand in automotive.
• In 2015, Aftermarket segment in end-use had the highest penetration in the automotive air filters market with over 70% of the total market. This trend is expected to continue over the next eight years. Rising disposable income across emerging nations is estimated to favor the market growth.
• Asia Pacific had the highest regional market penetration in 2015 and accounted for over 45% of global demand. Increasing automobile production in India, China, Thailand and Indonesia is expected to drive the regional market over the forecast period.
• Key market participants include Ac Delco Inc., Affinia Group Inc., Denso Corporation, Hollingsworth & Vose Co. Inc., Mann+Hummel, Roki Co. Ltd, Donaldson Company Inc., K&N Engineering Inc., Robert Bosch GmbH, Ahlstrom Corporation, SogefiS.p.A, Neenah Paper Inc., Clarcor Inc., Parker Hannifin Corp., Freudenberg & Co. Kg, Lydall Inc., Toyota Boshoku Corporation, Cummins Inc., Hengst GMBH & Co. Kg, Mahle GmbH and Valeo S.A.

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Password Management Market is expected to witness strong growth in the coming years for the global market

Industry Insights – A password is a string of characters that enable users to gain access to an interface, computer or system. Passwords provide a line of defense against unauthorized access. A password manager is a software application that helps users to organize and manage their passwords. Password management is not just beneficial for individuals but also for enterprises. Often companies require that the passwords are reset after regular intervals which may be tedious for some employees.

The increasing number of complex systems and strict rules for creating and changing passwords has heightened the need for a password management solution among enterprises. Forgotten and hacked passwords may cause a delay and loss for the individual or the enterprise. These issues can be overcome with a password management solution. Password management solutions may be self-service or privileged. Self-service solutions enable employees to reset the password on their own without the need for any helpdesk. Privileged password management solutions maintain passwords through methods such as session recording, frequent randomization, and automated resets. The increasing need for securing valuable data has increased the demand for password management solutions.

The password management market is expected to witness strong growth in the coming years. This may be attributed to the growing number of password protected accounts and rising number of associated cyber threats. Key drivers for the market’s growth are the strict regulatory compliance and increasing the number of password reset mechanisms. However, the low success rate of such projects and growing customization requirements could pose a restraint for the market’s growth. Use of cloud technology and development of attractive pricing models may provide a substantial growth opportunity for the global market.

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Deployment Model Insights – Password management solutions can either be on-premise or hosted. On-premise systems provide more control and customization. They are easy to manage but require sufficient maintenance. Thus, hosted models are preferred over the on-premise ones. The growing demand for cloud technology is expected to boost the market for hosted model based password management solutions.

End-Use Industry Insights – End-use industries include banking, financial services and insurance (BFSI), education, energy, healthcare, manufacturing, retail and wholesale distribution, telecom and IT and others. Such industries have a network of complex systems that are widely password protected so that access is granted only to authorized individuals. Password management solutions help to improve security and productivity and also reduce congestion at helpdesks. Privileged password management solutions help to mange passwords of privileged accounts.

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About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
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Deep Packet Inspection Market is gaining popularity owing traffic along with maximizing revenue opportunities

The global deep packet inspection (DPI) market is expected to be valued at USD 4.71 billion by 2020, growing at a CAGR of 30.2% from 2014 to 2020. DPI is a surveillance technology that allows ISPs to keep real-time track of the content being generated over data packets. It helps in detecting malicious software, scrutinizing filters along with chats and website history. This technology is gaining popularity owing to its ability of efficient traffic management along with maximizing revenue opportunities.

Rising mobile device penetration, adoption of high speed broadband along with constant pressure for offering enhanced services on ISPs is projected to drive the DPI market demand over the next six years. This technology offers precaution against terrorism, ensures data security along with traffic prioritization. Further, it can be used for eavesdropping and data mining purposes amongst others.

Growing popularity of embedded and integrated DPI, usage of technology in traffic filtering for regulatory compliance, increasing need for monetizing and optimizing internet services and growing significance in network security are key factors which are anticipated to escalate DPI market growth by 2022.

The inspection technology allows ISPs to gather subscriber’s data, analyze the browsing habits along with gaining insight into subscriber’s inclination similar to OSS and BSS which is projected to positively impact deep packet inspection market growth.

Government sector requires enhanced security measures owing to the availability of confidential data by offering significant level of censorship surveillance and security. However, lack of awareness along with network neutrality and privacy concerns are projected to act as a challenge for the DPI market. In addition, consumer concern about the misuse of private data by third party entities can act as a restraint for industry growth.

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The market has been segmented on the basis of products into standalone and integrated. Integrated products can be used with access points in network whereas standalone products can be used directly. Prominent features such as video optimization, traffic steering and caching are leading to the increased usage of standalone products.

On the basis of application, the industry can be categorized into education, enterprises, ISP and government sector. ISPs offer augmented targeted advertising, policy definition, tiered services and lawful intercept and offer statistical information about the usage pattern beneficial for network planning.

Asia Pacific is expected to be the dominant region owing to the rising number of subscribers in this region. Favorable government regulations, rise in mobile computing are driving growth in this region.

Key players in the industry include Cisco System, Sandvine Inc, Bivio Networks Inc, AT&T Inc., Verizon Communication Inc, Rackspace Inc., Qosmos, Arbor Networks Inc., Allot Communication Ltd and Huawei. Industry vendors are adopting new product launches and acquisitions as the key to excel in the market. High bandwidth requirements along with emergence of data intensive applications have propelled network operators in offering enhanced solutions and services to the customers. Growing mobility is anticipated to offer avenues towards profitability of DPI industry participants.

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Multi-Factor Authentication Market is increasing in banking and financial sectors will serve as a key driver for market growth

Organizations today focus on enabling employees, customers and partners access sensitive information from anywhere and through any device. In addition, rise in security issues, data breach, identity theft and fraud has led organisations to adopt more secure ways to access confidential information. The aforementioned facts have made Multi Factor Authentication (MFA) a part of organizations security strategy and are gaining momentum across the global market.

Multi-factor authentication is vital to any organization to secure access to corporate networks and to maintain and protect user identity. Evolving business requirements for cloud based applications, mobile devices, new threats and security issues require better access control. The Applications areas include defense, government data security, banking and finance, consumer electronics travel and immigration, Data Protection for Cloud Service Providers, retail data security healthcare and commercial security.

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MFA market is categorized as two factor, four factors and five factor authentications. Two and three factor authentication is classified into smartcard with a PIN code or biometric technology whereas four and five factor authentication makes use of more than one biometric technology including voice recognition, face recognition, fingerprint recognition etc.

Rise in security threats and risks over networks and internet, increasing use of MFA technology in banking and financial sectors will serve as a key driver for market growth. Besides, increase in use of Smartphone with MFA technology and legal compliance is expected to drive the market. High Scalability, easy implementation and no requirement of carrying extra hardware further attribute to the market growth for mobile based authentication solutions as against traditional hardware token  In addition mobile based authentication generates OTP (One Time Password) utilized for biometric scanning as well. However, lack of telecom infrastructure facilities in developing countries can be market restraint.

Application of MFA in gaming industry is also expected to spur the market demand. However, the market growth is expected to slow down owing to high initial investment and complexity of system maintenance. Furthermore, rigidity in accepting the technology in many countries due to cultural reasons will cause a hindrance to the market growth.

The key participants in the MFA market include EMC Corp., Gemalto N.V., Amazon Web Services Inc., Entrust Inc, 3M, Safran SA, NEC Corporation, Fujitsu Ltd, Cross Match Technologies, RCG Holdings LTD. (Hong Kong), ValidSoft, Suprema Inc. Few other players include Sagem Morpho, Deepnet Security Ltd, Confident Technologies, Watchdata Technologies and Technology Nexus among others.

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About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James
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Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Global Digital Camera Market is escalating replacement insist coupled with technological enhancements to positively collision the market

The global market for digital cameras is expected to reach USD 19.77 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for interchangeable lens cameras with higher selling prices is expected to fuel industry growth over the forecast period. These include digital single lens reflex cameras (DSLR) as well as non-reflex cameras, also referred to as mirror less cameras. Increasing replacement demand coupled with technological enhancements such as Wi-Fi-enabled cameras is expected to favorably impact the market.

The trend of sharing images over the internet and availability of image processing tools has given impetus to the market. Widespread adoption of internet services and surge in social networking activities is expected to further bolster industry outlook. However, proliferation of smartphone globally is a major concern for industry participants, on account of the ready availability and convenience offered by smartphone cameras. The value chain consists of manufacturers of digital cameras and associated parts, as well as retailers or distributors.

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Further key findings from the study suggest:

• A global digital camera unit shipment was estimated to be 98.6 million units in 2012, and is expected to reach 171.7 million units by 2020
• Built-in lens cameras accounted for over 78% of the overall shipments in 2012. Interchangeable lens cameras contributed to over 50% of the market revenue in 2012, which can primarily be attributed to high selling prices of these products. Digital Single Lens Reflex (DSLR) cameras occupied over 80% of the market in 2012; however, they are expected to lose market share with an estimated CAGR of 3.8% from 2013 to 2020.
• Asia Pacific is expected to be the largest and fastest growing regional segment, and is estimated to grow at a CAGR of 8.1% over the forecast period to account for approximately 36% of the global market by 2020. This can primarily be attributed to rising purchasing power and relatively lower product penetration. Compact cameras with built-in lenses accounted for over 75% of regional shipments. Mirror less cameras are also compact in nature as compared to DSLRs, and have been witnessing growth in countries such as Japan and China.
• The market is dominated by Japanese participants; Canon Inc. and Nikon Corporation account for majority of the overall market share. Key players also include Sony Corporation, Samsung Electronics Corporation, Fujifilm Holdings, Olympus Corporation and Ricoh Imaging Company among others. Manufacturers have been focusing on the high-end product segment in order to stay competitive in an ecosystem characterized by changing user trends.

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Global Aerial Work Platform (AWP) Truck Market increasing rapidly in Asia to escalate the demand growth

The global aerial work platform (AWP) truck market is expected to reach USD 8.0 billion by 2022, according to a new report by Grand View Research, Inc. Increasing government investment in construction sector paired with growing concerns regarding worker safety is expected to drive AWP truck industry growth over the coming years. Growing emphasis on infrastructure development along with rising private investment in real-estate may also spur product demand. In addition, increasing demand for material handling, especially in manufacturing units and factories, is anticipated to significantly fuel AWP truck market growth.

This equipment is primarily used to elevate workers and equipment throughout the manitenance or construction process. The developing telecommunication industry owing to rapidly increasing smartphone users, particularly in Asia, may escalate aerial work platform truck market demand. Industry growth can be attributed to strong economic growth, especially in countries such as India, China, Brazil, and some parts of Europe.

Technological advancements resulting in the development of electrically or hydraulically propelled elevating platforms in order to meet emission standards and cope with growing environmental issues are also anticipated to favorably impact growth. Rising demand application areas such as construction of wind, solar and other energy-generation installations may drive revenue over the coming years.

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Further key findings from the study suggest:

• Boom lifts market is poised for high growth over the next six years owing to increasing usage of these lifts for tricky architecture or smaller spaces with limited access. This can be further attributed to the several benefits offered by these lifts such as mobility, tight turning radius, standard oscillating axle, and compact design.
• Construction applications accounted for over 30% of the overall AWP truck industry in 2014, and are expected to witness high growth over the forecast period. Growing infrastructure development and private investment in real-estate are expected to be key factors responsible for growth in this sector.
• Telecommunication industry is expected to exhibit high growth, which can be attributed to increasing number of smartphone users particularly in Asia. Smartphone proliferation and the associated need for improved telecom infrastructure for better connectivity are expected to elevate demand in the telecommunication industry.
• North America captured a sizable share of the aerial work platform truck market in 2014, which can be attributed to considerable technological advancements. In addition, increasing maintenance and repair activities coupled with growing concerns and norms regarding worker safety are further propelling product demand in this region.
• Key industry players such as Tadano, Aichi, Terex and Haulotte focus on automating manufacturing process so as to improve product quality and reliability. Mergers & acquisitions also form a part of core business strategy. Industry participants also emphasize on mergers and collaborations as it helps in joint sales and marketing efforts and product development.

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Flexitanks Market increasing commodity export in Asia Pacific demand over the conjecture period

The global flexitanks market is expected to reach USD 1.49 billion by 2024, according to a new report by Grand View Research, Inc. Increasing commodity export, particularly in Asia Pacific, is expected to foster flexitanks demand over the forecast period. Cost-effective and efficient nature of flexitanks has increased product popularity among the end-users. Flexitanks can carry more amount of liquid in a standard container than the ISO tanks or drums used for bulk transport traditionally.

Single trip was the leading product segment and accounted for over 90% of total market volume in 2015. Single trip flexitanks are very much cost-effective compared to multi-trip flexitanks, as they eliminate cleaning and repositioning costs incurred. Green logistic practices incorporated by most of the flexitank manufacturers and logistics providers ensure proper disposal of used flexitanks without causing any environmental ill-effect.

Virtually, flexitanks can be utilized for any liquid and semi-solid food material. This has helped higher flexitank penetration in the foodstuffs application segment. Higher operational benefits and cost-effectiveness have made flexitanks an attractive alternative.

China and South East Asian countries have become the prominent manufacturing hubs for key manufacturers in the world. Huge foodstuffs & chemicals’ export from Asia Pacific & North America is expected to push flexitanks demand to greater heights over the forecast period.

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Further key findings from the study suggest:

• Global flexitanks market demand was 984,000 units in 2015 and is expected to reach 4,928,106 units by 2024, growing at a CAGR of 18.6% from 2016 to 2024
• Foodstuffs were the leading application segment and accounted for over 30% of total market volume in 2015. Easy availability of FDA approved flexitanks in all regions has been a major factor for its increased penetration.
• Chemical is expected to be the fastest growing application segment at an estimated CAGR of 19.0% from 2016 to 2024. The growth can be attributed to increasing popularity of flexitanks along with the fact that all non-toxic liquid chemicals can be transported using flexitanks.
• Asia Pacific emerged as the leading regional market and accounted for over 60% of the total volume in 2015. Increasing commodity trade along with higher market penetration is expected to spur the regional market growth over the next seven years. The region is also expected to witness the fastest growth over the forecast period.
• Key market participants operating in the global flexitanks market include Environmental Packaging Technologies Inc., Qingdao LAF Packaging Co. Ltd., Trans Ocean Bulk Logistics Ltd, and SIA Flexitanks Ltd.

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Global Internet Security Market size was anticipated over powerful factors of superior software and firewalls

Global internet security market size was estimated at over USD 170 billion in 2014. The industry is gaining traction among commercial internet users as a result rising rates of data theft from remote access locations and false impersonation from physical environments. Cyber threats towards individual identities, cloud computing systems, data centers, government centers and financial service providers are major factors driving requirement for better internet security software and firewalls.

Over the recent past, various cyber-terrorist organizations have been actively attacking government network infrastructures, industrial control systems, energy grids, telecommunications, and financial database centers. Of these, SQL injections, defacements, and targeted attacks, form a large portion of techniques employed by cyber criminals, collectively accounting for over % of attacks.

In terms of motives, over 69% of the attacks are accountable to cyber crime while a mere 13% is accountable for cyber espionage. Of the end-users, internet service providers were highest impacted followed by e-commerce and retail industries. These three industries collectively accounted for 51% of the overall cyber attacks in 2015.

Non-profit organizations and internet services were the highest impacted organizations of cyber attacks in stark contrast to political entities who accounted for just 12%. Companies attacked through internet as a means suffer great losses in revenue, information, operational disruption, and equipment damages.

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A study from Symantec suggests that five out of six multinational companies have been victims of cyber attacks, a 40% rise from 2013 to 2014. The study further suggests that attacks through malware increased by 26% and over 317 million new pieces of malware were generated during the same period.

Similar study has been published by Bank of America Merrill Lynch, which suggests that there are close to 400 new threats per minute globally, with the numbers estimated at 80 to 90 million events per year. Additionally, the study also suggests that over 70% of these threats go undetected, supporting an assertive argument made by HP and Ponemon Institute, that from 2010 to 2014 costs incurred by organizations from cybercrime grew by 96% primarily due to cyber attacks in terms of malware and trojans.

Events as discussed above have been instrumental to an extent in pushing organizations, governments and individuals to adopt internet security instruments such as anti-virus, firewalls, IAM, risk & compliance management software, SIEM and DDOS mitigation solutions.

In terms of solution, the global industry is briefly segmented into identity & access management (IAM), risk & compliance management solutions, encryption solutions, data loss protection systems, firewalls, anti-virus/malware, intrusion prevention systems, web filtering solutions, and disaster recovery solutions.

Anti-virus solutions are the most widely used methods in preventing cyber threats as they are functional in preventing malware from remote and physical access points. Disaster recovery solutions, intrusion prevention systems and data loss protection systems are expected gain prominence due to their increasing adoption on an industrial level.

Industries analyzed in the report include aerospace, defense & intelligence, government, banking & financial services, telecommunications & IT, healthcare, retail, manufacturing and e-commerce among others such as insurance & public utilities.

Solutions such as IAM, DDOS mitigation, encryption, and intrusion prevention systems are expected to gain prominence in aerospace, defense & intelligence and banking industries owing to the industries’ criticality and sensitivity of information.

Furthermore, the study segments the market into five regions that include North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America and Europe were the major regions for internet security. High awareness level on consumer and corporate levels regarding threats associated with cyber attacks and government agencies’ preparedness to tackle such threats have been instrumental in these regions’ development.

On the other hand, Asia Pacific promises opportunities for growth over the forecast period. High mobile phone adoption rates and greater internet penetration in China, India, and Southeast Asia are expected to provide impetus for internet security solutions growth. Additionally, western organizations in banking, financial services, healthcare, IT and aerospace domains are concentrating investments towards active operations in the region; this is further expected to propel the region as one of the primary caterers in internet security solutions.

Key companies operating in the global industry include IBM Corp., Cisco Systems, Intel Corp., Lockheed Martin, Northrop Gurmman, Trend Micro, Symantec Corp., Computer Sciences Corp., Booz Allen Hamilton and Sophos.

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About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com