According to the recent research report titled ‘GLOBAL Adaptive Security Market 2019-2027’, available with Market Study Report, global adaptive security market is projected to record 11.68% CAGR over 2019-2027.
 

Surging demand for security compliances & regulations to ensure protection from cyberattacks is stimulating global adaptive security market growth, cites the study. Moreover, soaring demand for cloud-based security solutions, and an advantage over conventional security framework are further augmenting the industry share.
 

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Elaborating on the restraints, lack of skilled professionals and robust IT infrastructure, high cost of innovations, and complexity of security devices are negatively impacting the business progression. The amount of data that needs to be processed and analyzed in order to prevent cyberattacks is the primary challenge that emerges when safeguarding information, creating roadblocks for worldwide adaptive security industry expansion.
 

From the regional perspective, key contributors to global adaptive security market remuneration are North America (Canada, United States), Europe (Russia, Italy, Spain, France, Germany, United Kingdom), Asia Pacific (South Korea, India, Japan, China), Latin America (Mexico, Brazil), and Middle East & Africa (South Africa, Saudi Arabia, Turkey, United Arab Emirates.)
 

North America holds major portion of global adaptive security market share currently, owing to the economies in the region that top the GCI (global cybersecurity index), demonstrating the region’s commitment towards building a strong cybersecurity infrastructure.
 

On the other hand, North America is considered the most vulnerable target for cyberattacks on account of the presence of many well-known companies and their data centers. Small & medium businesses are preferring cloud deployment to reduce the overall ownership cost of security solutions.
 

Security service providers have developed tailored solutions for businesses that suit their requirements. It is projected that large proportion of these firms will leverage technology and implement strong end-point security measures to improve customer experience. Hence, aforementioned factors will act as lucrative growth avenues for worldwide adaptive security industry.
 

Top firms impacting global adaptive security market trends are Check Point Software Technologies Ltd., Illumio, Symantec (now NortonLifeLock Inc.), Cisco Systems Inc., Hewlett Packard Enterprise, Cloudwick Technologies, Panda Security, RSA Security LLC, IBM Corporation, Trend Micro Inc., Rapid7, Fortinet, Juniper Networks, FireEye Inc., and Aruba Networks.