Market Size of Proactive Security Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 14.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Proactive Security Market Analysis
The proactive security market was valued at USD 20.81 million in 2020 and is expected to reach USD 45.67 million by 2026, at a CAGR of 14% over the forecast period 2021 - 2026. Businesses are integrating proactive approach, in which they act to prevent any dangers before they occur. A large number of enterprises are thus opting for proactive security solutions over reactive security solutions.
- Evolving data breaches leading to high costs of recovery and increasing number of connected devices across enterprises, owing to BYOD trend and IoT implementation, have encouraged enterprises to shift from reactive to proactive security solutions.
- With enterprises undergoing a digital transformation, stringent regulations, like GDPR, PCI DSS, and others, are being imposed to safeguard IT systems from data breaches. Regulations and compliances mandate enterprises to adopt effective security solutions, and thereby support the growth of proactive security solutions.
- The need for proactive security is, furthermore, expected to be complemented by the increasing number of security breaches, cyber-attacks. In addition to this, increasing penetration of cloud technology will boost the demand for proactive security.
Proactive Security Industry Segmentation
A proactive security approach is used for prevention against major cybersecurity incidents before they actually happen. With the adoption of proactive security solutions, organizations can effectively maintain and secure their critical information from data breaches. Proactive security solutions help organizations optimize their security infrastructure, easily manage security vulnerabilities, and control all their security products from a single platform. The proactive security program that encompasses prudent practices, such as content monitoring and filtering of electronic communications among others, will help ensure the security, confidentiality, and compliance with regulations that mandate the protection of sensitive information.
By Size of the Organization | |
Large Enterprise | |
Small and Medium Enterprise |
By Solution | |
Advanced Malware Protection (AMP) | |
Security Monitoring and Analytics | |
Vulnerability Assessment | |
Other Solutions |
By End-user Industry | |
IT & Telecommunication | |
BFSI | |
Retail | |
Industrial | |
Government & Defence | |
Other End-user Industries |
Geography | |||||||
| |||||||
| |||||||
| |||||||
| |||||||
Middle-East & Africa |
Proactive Security Market Size Summary
The proactive security market is experiencing significant growth as businesses increasingly adopt strategies to prevent security threats before they occur. This shift from reactive to proactive security solutions is driven by the rising costs associated with data breaches and the proliferation of connected devices due to trends like BYOD and IoT implementation. As enterprises undergo digital transformation, they face stringent regulations such as GDPR and PCI DSS, which mandate the adoption of effective security measures. These regulatory requirements, coupled with the growing number of cyber-attacks and the increasing penetration of cloud technology, are expected to further propel the demand for proactive security solutions.
The BFSI sector is the fastest-growing vertical within the proactive security market, driven by stringent legal and regulatory compliance requirements. Financial service providers are actively adopting advanced security measures to protect their IT assets from malware and ransomware, utilizing solutions like security analytics and vulnerability management. The North American region is witnessing a surge in IT security investments as organizations seek to safeguard against advanced threats, fueled by the growing adoption of cloud-based services. The market is highly competitive, with major players dominating, but new entrants are expanding their presence in emerging economies, offering innovative security services to meet the evolving needs of businesses.
Proactive Security Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Introduction to Market Drivers and Restraints
-
1.3 Market Drivers
-
1.3.1 Rising Trend of BYOD and IoT Adoption across Enterprises
-
1.3.2 Stringent Government Regulations to Safeguard the Enterprise Data
-
-
1.4 Market Restraints
-
1.4.1 Lack of Skilled Cybersecurity Professionals
-
-
1.5 Industry Attractiveness - Porter's Five Force Analysis
-
1.5.1 Threat of New Entrants
-
1.5.2 Bargaining Power of Buyers/Consumers
-
1.5.3 Bargaining Power of Suppliers
-
1.5.4 Threat of Substitute Products
-
1.5.5 Intensity of Competitive Rivalry
-
-
1.6 Technology Snapshot
-
-
2. MARKET SEGMENTATION
-
2.1 By Size of the Organization
-
2.1.1 Large Enterprise
-
2.1.2 Small and Medium Enterprise
-
-
2.2 By Solution
-
2.2.1 Advanced Malware Protection (AMP)
-
2.2.2 Security Monitoring and Analytics
-
2.2.3 Vulnerability Assessment
-
2.2.4 Other Solutions
-
-
2.3 By End-user Industry
-
2.3.1 IT & Telecommunication
-
2.3.2 BFSI
-
2.3.3 Retail
-
2.3.4 Industrial
-
2.3.5 Government & Defence
-
2.3.6 Other End-user Industries
-
-
2.4 Geography
-
2.4.1 North America
-
2.4.1.1 United States
-
2.4.1.2 Canada
-
-
2.4.2 Europe
-
2.4.2.1 United Kingdom
-
2.4.2.2 Germany
-
2.4.2.3 France
-
2.4.2.4 Rest of Europe
-
-
2.4.3 Asia-Pacific
-
2.4.3.1 China
-
2.4.3.2 India
-
2.4.3.3 Australia
-
2.4.3.4 Japan
-
2.4.3.5 Rest of Asia-Pacific
-
-
2.4.4 Latin America
-
2.4.4.1 Mexico
-
2.4.4.2 Brazil
-
2.4.4.3 Rest of Latin America
-
-
2.4.5 Middle-East & Africa
-
-
Proactive Security Market Size FAQs
What is the current Proactive Security Market size?
The Proactive Security Market is projected to register a CAGR of 14% during the forecast period (2024-2029)
Who are the key players in Proactive Security Market?
Oracle Corp., FireEye Inc., IBM Corp., RSA Security LLC (Dell Technologies) and Rapid7 Inc. are the major companies operating in the Proactive Security Market.