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May 26, 2020, 6:44 a.m. EDT

Spear Phishing Market Is Set To Witness A Healthy CAGR Of 11.73% By 2026 | Microsoft, Symantec, Trend Micro, Mimecast, Proofpoint, Forcepoint, McAfee, Barracuda, BAE Systems, RSA Security, Intel Corporation, Bitdefender, Fortinet

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May 26, 2020 (CDN Newswire via Comtex) -- The Global Spear Phishing Market report has been prepared by taking into account numerous aspects of marketing research and analysis which includes market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentations, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, targeting key buying criteria, and in-depth benchmarking of vendor offerings. Market segmentation studies accompanied in this Spear Phishing Market report with respect to product type, applications, and geography are valuable in taking any verdict about the products.

The report is a great resource, which provides current and upcoming technical and financial details of the industry. Spear Phishing Market report is an analytical estimation of the key challenges in terms of sales, export/import, or revenue that an organization may have to face in the coming years. This market research report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for ICT industry. Spear Phishing Market report studies the trends in consumer and supply chain dynamics that have been observed to be helpful in developing production strategies for ICT industry.

Information Get Sample Copy of this Report@https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-spear-phishing-market

Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in this report. This report aims to examine the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. It is a professional and a detailed report focusing on primary and secondary drivers, market share, market size, sales volume, leading segments and geographical analysis. This market report comprises of comprehensive and thorough insights which are based on business intelligence.

Global Spear Phishing Market report also analyzes the market status, market share, current trends, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. To serve the clients with the best insights in the ICT industry, a team of experts, skilled analysts, dynamic forecasters and knowledgeable researchers work strictly while forming this report. The report is formulated specifically by keeping in mind business needs of all sizes of businesses. With the comprehensive insights obtained via this report, businesses can self-assuredly make decisions about their production and marketing strategies.

Global Spear Phishing Market By Component (Solutions, Services), Deployment Type (On-Premises, Hybrid, Cloud), Organizations Size (Large Enterprises, Small & Medium Enterprises), End User (BFSI, Government, Defense, Retail, Manufacturing, Healthcare, Media & Entertainment, IT & Telecom, Critical Infrastructure, Others), Geography(North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Spear Phishing Market

Global spear phishing market is set to witness a healthy CAGR of 11.73% in the forecast period of 2019 to 2026 . The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to increasing incidences of spear phishing attacks and increasing adoption of BYOD policy in organizations as well as due to increasing digitization, online browsing, and use of mobile devices.

Major Market Competitors/Players

Few of the major competitors currently working in global spear phishing market are Cisco Systems Inc., Votiro Inc., IronScales Ltd., Microsoft, Symantec Corporation, PhishLabs, Cofense, Trend Micro Incorporated, Mimecast Services Limited, Proofpoint Inc., GreatHorn Inc., Check Point Software Technologies Ltd., Forcepoint, Sophos Ltd., McAfee LLC, Barracuda Networks Inc., BAE Systems, RSA Security LLC, Intel Corporation, AO Kaspersky Lab, Bitdefender, Avira Operations GmbH & Co. KG, F-Secure, Palo Alto Networks Inc., Fortinet Inc . among others.

Market Definition: Global Spear Phishing Market

Spear phishing is an email phishing threat to the organizations by the spammers or attackers to gain the confidential and sensitive data of the enterprises. It is usually done through emails or social media. Usually attacker uses it to gain access to secrets and financial data's of the enterprises. Spear phishing protection is used to remove all the unauthorized access in the systems of the enterprises and protect the confidential information.

Market Drivers:

  • Rising events of spear phishing attacks is propelling the growth of the market

  • Surging acquisition of Bring Your Own Device policy in organizations is fueling the growth of the market

  • The massive demand for cloud email security solution by the enterprises is boosting the growth of the market

  • Surging adoption of digitization in the industry verticals is contributing of the growth of the market

Market Restraints:

  • Absence of knowledge and understanding of current threats and cyber-attacks is retraining the growth of the market

  • Various organizations has raised concerns regarding outsourcing of security services which is hampering the growth of the market

Key Developments in the Market:

  • In May 2019, IRONSCALES had entered into a strategic alliance with BDO MDR for managing phishing detection and response. It will help the company to reduce the burden on its SOC team and will now be able to provide its customers with time saving and benefits of risk reducing which will retain the customers for the company and make it a market leader.

  • In February 2019, Cofense has launched it latest technology. It is an addition of response delivery to its flagship product, allowing operators to deliver phishing scenario emails only when intended recipients are actively performing tasks in their mail client. The product will retain the customers and increase the revenues of the company.

Competitive Analysis

Global spear phishing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of spear phishing market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.

Strategic Points Covered in Table of Content of Global Spear Phishing Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Global Spear Phishing Market

Chapter 2: Exclusive Summary - the basic information of Global Spear Phishing Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Global Spear Phishing Market

Chapter 4: Presenting Global Spear Phishing Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

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