·
Rising online banking population in the country
will create growth opportunities for cyber security providers.
·
Increasing smart phone penetration especially growth
in the mobile applications market will drive the demand for cyber Security
solutions in the country.
·
Growing number of startups in the country,
majorly in IT and finance sector will amplify the market size of the cyber
security Industry.
Brazil cyber security market is
expected to grow at a robust rate in coming future owing to the increasing use
of smart phones, online banking transactions and growing number of start ups. Moreover,
rising acceptance of Bring Your Own Device (BYOD) trend among organizations
supplemented by enhanced network connectivity will extensively leverage the
businesses. This will widely lead to the generation and consumption of enormous
amount of data traveling from the organizations to the mobile devices such as
smart phones, laptops, tablets and others. This trend is expected to result
into the increased demand for cyber security solutions to prevent the data loss
due to cyber crime. Cyber Crimes Losses in Brazil,
Future Endpoint Security Market, Symantec
Market Share Internet Security, Avast Total Security Competition, McAfee
Antivirus Market Share, Trustwave Competition Antivirus, Latin America Cyber
Security Market, Cybercrime in Brazil,
Rising use of internet and smart
phones has increased the e-commerce industry in the country. Brazil is well
positioned when compared to other powerful emerging economies. Brazil has
approximately 119 million Internet users in the country with the share of 54.2%
in the total population in 2016. Growing smart phone penetration in the country
has surged the demand for broadband Internet connections. The digital shift
towards ecommerce, internet and smart phones has raised the security concern
among the population. This has positively impacted the demand for cyber
security services from both enterprises and residential sector.
Ken Research in its latest study, Brazil Cyber
Security Market Outlook to 2021 suggested Symantec, Avast,
McAfee and Kaspersky Lab will continue their dominance but have to face fierce
competition from the counterparts. The companies in the industry have plans to
develop innovative products which can offer high scan speed and detection
process.
The Brazil Cyber Security market is
estimated to register a positive CAGR during 2016-2021. Inclining risk of cyber
threats, increasing awareness about cyber security solutions, rising internet &
smart phone penetration will be the key drivers for the growth of the
remittance and bill payment industry in the country.
The report provided information on Brazil
cyber security market, Brazil antivirus & antimalware market, Global cyber
security market, Market segmentation, Future growth drivers competitive
landscape of major companies including Symantec, Avast, McAfee and Kaspersky
Lab, Trustwave ,Cyber Crimes Losses in Brazil,
Future Endpoint Security Market, Symantec
Market Share Internet Security, Avast Total Security Competition, McAfee
Antivirus Market Share, Trustwave Competition Antivirus, Latin America Cyber
Security Market, Cybercrime in Brazil.
To know more about the publication, click on the link below-
Related Reports by Ken Research
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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