The global cybersecurity industry has been growing exponentially over the past decades and is anticipated to expand for the coming years.
According to another analysis by Grand View Research, Inc., the global size of this marketplace is predicted to reach USD 326.4 billion by 2027, documenting a compound annual growth rate (CAGR) of 10.0percent from 2020 to 2027.
The global situation sees an elevated variety of cyberattacks throughout programs, endpoints, and software. These affect organizations concerning losses of sensitive information and costs related. The greater use of Artificial Intelligence, 5G & future communications system, Web of Things (IoT), cloud computing environment for enhanced data storage and sharing, and electronic business transformation procedures (with public services, e-government, along with electronic citizenship industry signaled as the most applicable industry to suffer risks ) increase the options of cyber espionage and other breaches.
Criminals also have utilized the COVID-19 emergency to perform social engineering attacks, namely malicious emails through junk campaigns and more concentrated efforts like company email compromise (BEC).
The size of those cyber threats requires every company to safeguard their networks, safeguard their information, and boost their systems to find dangers beforehand.
Additionally, the progress of electronic file-sharing platforms, blockchain technologies, brand new online payment transaction versions, in addition to digital cooperation and advertising tools, permit the players to enlarge further. Nevertheless, the technologies above raise the possible risk factors for dangers given the large volume flow of consumer traffic, which shares sensitive information (for example, trade data, presentation, and data throughout the internet ).
Given those above, which would be the primary tech companies working in the business now? The listing below reveals 17 significant companies currently supplying advanced cybersecurity services and products globally.
Splunk Inc. (NASDAQ: SPLK) turns machine information into answers allowing organizations to solve their toughest IT, Internet of Things, and security challenges.
Cyren (NASDAQ: CYRN) supplies over 1.3 billion users worldwide using cloud security solutions to safeguard them from cyber-attacks daily. Powered by a secure cloud, the company provides embedded hazard detection, threat intelligence, and email security solutions.
Having an integrated package of cloud-based solutions, the company helps companies worldwide stop targeted dangers, safeguard their information, and make their customers more resilient from cyber attacks. Organizations of all sizes, including over half of the Fortune 1000, use Proofpoint to get people-centric security and compliance solutions that mitigate their critical risks across email, the cloud, social networking, and the internet.
NortonLifeLock Inc. (NASDAQ: NLOK) is a global pioneer in customer Cyber Safety committed to helping safeguard the apparatus, identities, online privacy, and house and household needs of almost 50 million customers.
Rapid7 (Nasdaq: RPD) is progressing security with analytics, visibility, and automation solutions. Delivered via its Insight cloud, the solutions enable security groups to work more efficiently together with IT and development to lessen vulnerabilities, track for malicious behavior, research and shut down strikes, and automate routine tasks. More than 9,000 clients use their technologies, services, and research to boost security outcomes and progress their organizations.
Radware (NASDAQ: RDWR) is a global pioneer of cybersecurity and application delivery solutions such as physical, cloud, and applications defined data centers. Its solutions portfolio secures the electronic experience by offering infrastructure, program, and company IT security and accessibility services to businesses globally. They now enable over 12,500 carrier and enterprise customers worldwide.
Mimecast (NASDAQ: MIME) provides email protection to tens of thousands of big and tiny organizations worldwide from malicious action, human mistakes, and technologies collapse. The company consistently succeeds in incorporating brand security, security awareness training, internet security, compliance, and other crucial capabilities in its solutions.
CrowdStrike, Inc. (Nasdaq: CRWD) is a global cybersecurity company redefining security for its cloud age using an endpoint defense platform constructed from the floor up to prevent breaches. The CrowdStrike Falcon® system’s only lightweight-agent structure frees cloud-scale artificial intelligence (AI). It provides real-time security and visibility throughout the business, preventing attacks on endpoints off or on the community. Powered from the proprietary CrowdStrike Threat Graph®, Falcon correlates more than 3 trillion endpoint-related occasions each week in real-time from throughout the world.
Fortinet (NASDAQ: FTNT) secures the most significant business, service provider, and government organizations worldwide by offering complete visibility and control over the enlarging attack surface and carrying on the rising performance requirements now. The Fortinet Security Fabric system handles the many crucial security challenges and safeguards data throughout the digital infrastructure, whether networked, program, multi-cloud or border environments. Fortinet has over 455,000 clients. Site: www.fortinet.com
Check Point Software Technologies Ltd. (NASDAQ: CHKP) is a global supplier of cybersecurity solutions to corporate and government businesses. Its solutions protect ventures’ cloud, mobile, and network device held data from 5th production cyber-attacks, including malware, ransomware, and other sorts of attacks. The company now protects over 100,000 organizations of all sizes. Site: www.checkpoint.com
CyberArk (NASDAQ: CYBR) is a global pioneer in privileged access management, a crucial layer of IT security to safeguard information, infrastructure, and infrastructure throughout cloud and hybrid vehicles and during the DevOps pipeline. The company’s solution reduces danger made by privileged secrets and credentials, helping the world’s top organizations, including over 50% of the Fortune 500, shielding outside attackers and malicious insiders. A global company, CyberArk, is headquartered in Petach Tikva, Israel, together with U.S. headquarters situated in Newton, Mass. Site: https://www.cyberark.com/
Cloudflare, Inc. (NYSE: NET) provides a platform that protects and accelerates any online application online without including hardware, installing software, or changing a line of code. Web properties powered by Cloudflare have web traffic routed via its smart global community. Because of this, they see progress in performance, along with a decline in spam and other attacks. Site: www.cloudflare.com
F5 (NASDAQ: FFIV) forces applications to grow throughout their entire lifecycle, across any multi-cloud surroundings, to be able to permit customers-enterprise companies, service providers, authorities, and consumer brands to provide high-performing, and protected electronic experiences.
Akamai (NASDAQ: AKAM) secures and provides digital experiences to the world’s biggest companies through an intelligent edge platform that encompasses everything, from the venture into the cloud, to permit them and their companies to become fast, smart, and secure. Its portfolio of edge security, mobile and web functionality, business access, and video delivery solutions will be encouraged by customer support, analytics along with 24/7/365 monitoring. Site: www.akamai.com
Palo Alto Networks (NYSE: PANW) is a global company protecting clients from dealing with the planet’s most significant security challenges around cloud networks and cellular devices. It now covers thousands of organizations.
FireEye (NASDAQ: FEYE) is an intelligence-led security company employed to expand consumer security operations. Its only platform combines advanced security technology and hazards intelligence to eliminate the complexity and burden of cybersecurity for organizations trying hard to prepare, prevent, and respond to cyber-attacks. The company has over 9,300 clients across 103 nations, including over 50% of the Forbes Global 2000.
Zscaler (NASDAQ: ZS) allows major organizations to safely transform their programs and software for a cellular and cloud-first world. Its flagship solutions, Zscaler Internet accessibility ™, and Zscaler, Private accessibility ™, produce quick, secure connections between applications and users, irrespective of device, place, or community. Used in over 185 countries, Zscaler functions as a multi-tenant dispersed cloud security system, protecting tens of thousands of consumers out of cyberattacks and data reduction. www.zscaler.com