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Latin America Cyber Security Market is segmented by Type of Security (Network Security, End Point Security, Application Security, Cloud Security, Wireless Security), Type of Deployment (Cloud, On-Premise), Solution (IAM, DLP, SVM, IPS, UTM, Enterprise Risk and Compliance, Managed Security Services), and Country.
2018 - 2026
The Latin America Cyber Security Market was valued at USD 14.62 billion in 2020 and expected to reach USD 37.92 billion by 2026 and grow at a CAGR of 17.2% over the forecast period (2021 - 2026). Cyber threats are internet-based attempts to damage or disrupt information systems and hack critical information using spyware, malware, and phishing. Cybersecurity solutions help an organization to monitor, detect, report, and counter cyber threats to maintain data confidentiality.
The scope of the study for the cyber security market in Latin America is limited to the type of security solutions offered by the vendors in the region. Also, it has considered both cloud and on-premise deployment and type of solutions and their respective applications in a wide range of industries in Latin America.
|By Security Type|
|Wireless Network Security|
|Other Types of Security|
|Threat Intelligence and Response|
|Identity and Access Management|
|Data Loss Prevention|
|Security and Vulnerability Management|
|Intrusion Prevention System|
|Banking, Financial Services and Insurance|
|IT and Telecommunication|
|Rest of Latin America|
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The market for cyber security in Latin America has witnessed increased competition among many big players existing in the market. Additionally, more emerging companies are entering into the market with the growing economies in the region.
May 2019 - Proofpoint Inc. signed a definitive agreement to acquire Meta Networks, an innovator in zero-trust network access. With this acquisition, the company is aiming at strengthening its cloud-based architecture and people-centric security platform.
May 2019 - FireEye Inc. acquired security instrumentation company Verodin at USD 250 million. With this acquisition, the company is planning to leverage the Verodin Security Instrumentation Platform into its portfolio by identifying gaps in security effectiveness due to equipment misconfiguration, changes in the IT environment.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rapidly Increasing Cyber Security Incidents and Regulations Requiring its Reporting
4.3.2 Growing M2M/Iot Connections Demands for Strengthened Cyber Security in Enterprises
4.4 Market Restraints
4.4.1 Lack of Cyber Security Professionals
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Security Type
5.1.1 Network Security
5.1.2 Cloud Security
5.1.3 Application Security
5.1.4 End-point Security
5.1.5 Wireless Network Security
5.1.6 Other Types of Security
5.2 By Solution
5.2.1 Threat Intelligence and Response
5.2.2 Identity and Access Management
5.2.3 Data Loss Prevention
5.2.4 Security and Vulnerability Management
5.2.5 Intrusion Prevention System
5.2.6 Managed Security
5.2.7 Other Solutions
5.3 By Deployment
5.4 By Industry
5.4.1 Banking, Financial Services and Insurance
5.4.5 Public Utility
5.4.6 IT and Telecommunication
5.4.7 Other Industries
5.5 By Country
5.5.4 Rest of Latin America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 AVG Technologies
6.1.2 Check Point Software Technologies Ltd
6.1.3 Cisco Systems Inc.
6.1.4 Cyber Ark Software Ltd
6.1.5 Dell Technologies Inc.
6.1.6 FireEye Inc.
6.1.7 Fortinet Inc.
6.1.8 IBM Corporation
6.1.9 Imperva Inc.
6.1.10 Proofpoint Inc.
6.1.11 Intel Corporation
6.1.12 Broadcom Inc. (Symantec Corporation)
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability