The global demand for Social Engineering Attack Defense Solution Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Social Engineering attack is defined as activities performed by an individual to gain access to the system, network for monetary gains. This type of attack involves evading security rules and gain access to unauthorized or restricted data, network or systems by exploiting human targets. This antisocial activity abuse prosocial impulses of people to gain this unauthorized access. It is considered to pose high vulnerabilities to middle-market companies as it can risk all layers of defense: personnel, physical and cyber. The three common ways of attack are phishing, baiting, scareware, others.The thing that makes social engineering exceptionally dangerous is that it depends on human error, rather than vulnerabilities in software or OS.
Market Dynamics
Investments in terms of onsite security training programs and awareness camp are expected to gain accelerated momentum with an increase in the number of offices and social engineering attacks. With rapid digitization and thriving use of internet, IP of firms, growing population of netizens, there exists higher theft and infringementsusceptibility. Owing to security vulnerabilities, enterprises need to implement solutions to protect data, sensitive information and the network. This drives growth in the demand for network security management solutions and encryption software as Social Engineering Attack Defense Solution. However, the budget constraint of MSE’s can limit the scope of the social engineering attack defense solutions market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of social engineering attack defense solution.
Market Segmentation
The entire social engineering attack defense solution market has been sub-categorized into type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
By End-User
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for social engineering attack defense solution market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Social Engineering Attack Defense Solution Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the social engineering attack defense solution market include Imperva, Datto, Digital Guardian, Tripwire, Agari Data Inc., Cloudflare Inc., KnowBe4 Inc., MediaOps Inc., SmartFile, Tyler Cybersecurity, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.