Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape
|Product Code: ETC037348||Publication Date: Feb 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
Malaysia Cyber Security Market is expected to grow significantly during the forecast period on account of a subsequent shift towards remote work and digitalization due to the COVID-19 pandemic. In addition, the increasing sophistication of cyber-attacks, the growing digital economy, and the adoption of cloud computing are some other growth aspects that are fuelling the market growth. Also, the government has also been taking steps to strengthen the country's cyber security infrastructure such as the launch of the National Cyber Security Policy which aims to enhance Malaysia's cyber security capabilities. With the growing number of cyber-attacks in recent years, the demand for cybersecurity solutions has increased significantly.
The e-commerce industry in Malaysia is growing rapidly, which has led to an increasing number of online transactions. Consequently, there is an urgent need for cybersecurity solutions to protect these transactions from cyber-attacks. Moreover, the adoption of cloud computing has grown significantly in recent years as it offers several benefits. Furthermore, individuals and businesses are becoming more aware of the potential risks of cyber threats and are actively taking measures to protect themselves from cyber attacks. Hence, this trend is further proliferating the growth of Malaysia Cyber Security Industry.
Malaysia cyber security market is expected to register growth projections in the coming time zone on the back of the massive outbreak of the COVID-19 pandemic which has led to an increase in remote working underpinned by the nationwide lockdown imposed to win the bid to combat the spread of the novel coronavirus has led to an increase in the use of digital platforms and has turned out towards a hurried reliance over digital risk protection to underneath the exposed threats related to a business. Additionally, the potential of cyber security in catalyzing the digital business platform against digital adverse threats for organizations which can, later on, turn out towards creating a business malware suffering situation has been turned out as a positive aspect for the increased growth and successful integration of the software product and as a result, is expected to contribute towards the success of the global asset performance management market in the forthcoming years.
According to 6Wresearch, the Malaysia Cyber Security Market size is anticipated to register growth during 2020-2026. The outbreak of the global COVID-19 pandemic has no doubt, led to disruptions in the economy globally and has impacted various sectors globally also. The industrial sector has been highly impacted as a result of disruptions in the production cycle as a result of nationwide lockdown imposed over in the developed and developing economies across the world, as the Regions ramp up to win the bid to combat the spread of the novel coronavirus. The advent of the digital world has led to an increase in the demand for data and as a result, has imposed pressure on the installation of superior software-based security infrastructure to align the supply chain with the rising demand in the economy. This is expected to bring in bountiful opportunities for the Malaysia cyber security market to witness a spur in the coming year 2021 and is anticipated to leave a positive impact on the overall market growth of the Malaysia cyber security market in the next five to ten years.
Further, an acceleration in the digital transition platforms is leading to an increase in the increased use of digital platforms which tend to outperform a business application and is proving evident for the long-term success and globalized connectivity approach for businesses with customers. But, along with this increased adoption, it is also leading to a rise in digital threats which are continuously evolving and intensifying leading to phishing of customers, site spoofing and impersonating business landscape and leading to a rise in the wreaking of havoc amongst the digital business lives as a result of being weaponized by attackers and hence, is leading to an increase in the deployment Cyber security which is no doubt, expected to be a growth proliferating factor for the superstitious growth of the global Cyber security market in the coming timeframe.
The Malaysia Cyber security market report thoroughly covers the market by Product, End-user Industry, Deployment Mode and key Regions. The Malaysia Cyber security market outlook report provides an unbiased and detailed analysis of the ongoing Malaysia Cyber security market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Malaysia Cyber Security Market report provides a detailed analysis of the following market segments:
1. What factors are driving the Malaysia cyber security market growth?
The growing adoption of cloud-based services, the growing number of cyber threats, and the increasing use of mobile devices are the factors driving the market growth.
2. What are the major challenges confronted by the Malaysia cyber security industry?
The dearth of skilled cybersecurity professionals, the lack of awareness about the importance of cybersecurity, and the high cost of implementing cybersecurity solutions are the major challenges hindering the market expansion.
3. What is the outlook for the cyber-security market?
The outlook for the cyber security market is optimistic as the market is predicted to grow by the growing cyber threats and the adoption of new technologies such as the IoT and AI.
4. Why companies are increasingly adopting cloud computing?
The adoption of cloud computing has grown significantly over the years as it offers many benefits. However, it also increases the risk of cyber threats.
|1. Executive Summary|
|2.1. Report Description|
|2.2. Key Highlights|
|2.3. Market Scope & Segmentation|
|2.4. Research Methodology|
|3. Malaysia Cyber Security Market Overview|
|3.1. Malaysia Cyber Security Market Revenues, 2016-2026F|
|3.2. Malaysia Cyber Security Market Revenue Share, By Product Type, 2019 & 2026F|
|3.3. Malaysia Cyber Security Market Revenue Share, By End-user Industry, 2019 & 2026F|
|3.4. Malaysia Cyber Security Market Revenue Share, By Deployment Mode, 2019 & 2026F|
|3.5. Malaysia Cyber Security Market Revenue Share, By Countries, 2019 & 2026F|
|3.6. Malaysia Cyber Security Market Industry Life Cycle|
|3.7. Malaysia Cyber Security Market- Porter’s Five Forces|
|4. Malaysia Cyber Security Market Dynamics|
|4.1. Impact Analysis|
|4.2. Market Drivers|
|4.3. Market Restraints|
|5. Malaysia Cyber Security Market Trends|
|6. Malaysia Cyber Security Market Overview, By Product Type|
|6.1. Malaysia Cyber Security Market Revenues, By Solutions, 2016-2026F|
|6.1.1. Malaysia Cyber Security Market Revenues, By Identity & Access Management, 2016-2026F|
|6.1.2. Malaysia Cyber Security Market Revenues, By Threat Detection & Prevention, 2016-2026F|
|6.1.3. Malaysia Cyber Security Market Revenues, By DDoS & Mitigation, 2016-2026F|
|6.1.4. Malaysia Cyber Security Market Revenues, By IDS, 2016-2026F|
|6.1.5. Malaysia Cyber Security Market Revenues, By Security Information & Event Management, 2016-2026F|
|6.1.6. Malaysia Cyber Security Market Revenues, By Others, 2016-2026F|
|6.2. Malaysia Cyber Security Market Revenues, By Services, 2016-2026F|
|7. Malaysia Cyber Security Market Overview, By End-user Industry|
|7.1. Malaysia Cyber Security Market Revenues, By Retail, 2016-2026F|
|7.2. Malaysia Cyber Security Market Revenues, By Aerospace & Defense, 2016-2026F|
|7.3. Malaysia Cyber Security Market Revenues, By Healthcare, 2016-2026F|
|7.4. Malaysia Cyber Security Market Revenues, By IT & Telecom, 2016-2026F|
|7.5. Malaysia Cyber Security Market Revenues, By Utility, 2016-2026F|
|7.6. Malaysia Cyber Security Market Revenues, By Manufacturing, 2016-2026F|
|7.7. Malaysia Cyber Security Market Revenues, By Others, 2016-2026F|
|8. Malaysia Cyber Security Market Overview, By Deployment Mode|
|8.1. Malaysia Cyber Security Market Revenues, By On-premises, 2016-2026F|
|8.2. Malaysia Cyber Security Market Revenues, By Cloud, 2016-2026F|
|9. Malaysia Cyber Security Market Competitive Landscape|
|9.1. Malaysia Cyber Security Market, By Companies, 2019|
|10. Company Profiles|
|11. Key Strategic Recommendations|