The major contributing factor for the growth of the market for Social Media Security can be increasing security breaches, such as cyber terrorism, fraud, money laundering, identity theft, hacking. For more secured social media surfing, it is necessary to use appropriate security solutions.
Market Size – USD 846.6 million in 2019, Market Growth – CAGR of 12.03%, Market Trends –Increasing growth of e-commerce.
The Social Media Security market is expected to grow from USD 846.6 million in 2019 to USD 2101.3 million by 2027, at a CAGR of 12.03% during the forecast period. Increasing need for secured social media surfing, increasing digitalization, internet and mobile usage, increase in use of social media platforms, strict government norms regarding security of data, high usage of social media resulting in large volume of data generation, increasing security breaches, such as cyber terrorism, fraud, money laundering, identity theft, hacking, adoption of BYOD services and growth of e-commerce, which the industries use to connect with their customers, leaving these customers into risks of data theft are some of the driving factors of the market.
Lack of social media security norms across countries and difficulty in selecting the right social media security vendor for particular requirements may be some major restraining factors for the social media security market.
Key players within Social Media Security market are Sophos (UK), Trend Micro (Japan), Symantec (US), Micro Focus (UK), CA Technologies (US), ZeroFOX (US), RiskIQ (US), SolarWinds (US), Digital Shadows (US), Proofpoint (US), LookingGlass Cyber Solutions (US), KnowBe4 (US), Hootsuite (Canada), Centrify (US), Social Hub (Europe), Brandle (US), DigitalStakeout (US), Bowline Security (US), Social Sentinel (US), SecureMySocial (US), Hueya (US), CSC (US), CoNetrix (US), Crisp Thinking (UK), and CrowdControlHQ (UK).
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Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/social-media-security-market
For this report, the market has been divided into segments on the basis of security types, component, organization size, industry vertical and regional analysis.
Security types type Outlook (Revenue, USD Million; 2017–2027)
Component Outlook (Revenue, USD Million; 2017–2027)
Organization size (Revenue, USD Million; 2017–2027)
Industry vertical Outlook (Revenue, USD; 2019-2027)
Regional Outlook (Revenue, USD Million; 2017–2027)
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Table of Content:
Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Social Media Security Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Chapter 5. Competitive Landscape
5.1. Market Revenue Share By Manufacturers
5.2. Manufacturing Cost Breakdown Analysis
5.3. Mergers & Acquisitions
5.4. Market positioning
5.5. Strategy Benchmarking
5.6. Vendor Landscape
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