cyber security
Increased in Number of Cyber-Attacks Drives the Market Growth
The availability of high-speed internet connections and the proliferation of smart devices in the country increase consumers' online activity. They are spending a significant portion of their time on online platforms and are entering their private information on websites and portals vulnerable to cyber-attacks. Also, the ongoing digitization of industries and public and private institutions increases the uploading of confidential information on online platforms. This, in turn, is accelerating the frequency and complexity of cyber-attacks and crimes, which could lead to massive financial and reputation loss for the organization. Businesses have increased their spending on purchasing advanced cybersecurity solutions due to the rise in the number of cyber-attacks. Attackers have a specific target on their mind, including IT infrastructure, networks, and on-premises devices, while making the cyber-attacks. They steal Personally Identifiable Information (PII) such as telephone numbers, names, addresses, and social security numbers which can adversely affect the customers. The surge in the number of cyber-attacks is expected to boost the sales of cybersecurity solutions over the forecast period.
Supportive Government Policies Favors High Market Demand
The Information and Communication Technologies Authority (BTK) had formed a 'New Generation Mobile Communication Technologies Turkey (5GTR) Forum'. The main members of the forum were government, manufacturers, operators, universities, and NGOs. They worked together to make a platform to meet the 5G requirements by working on infrastructure development and strengthening the telecommunication sector. The government focuses on ensuring greater broadband access in accordance with its 2019-2023 strategic plan. Network security against viruses, identity and certification governance, mobile security, system security, and application security are among the government's top priority areas. They have also increased their expenditure on hardware and software to counter cyber threats. The formation of Cyber Incident Response Teams (SOMEs) by the Ministry of Transport and infrastructure in all state organizations and institutions to protect them from cyber-attacks is a positive factor for the Turkey cybersecurity market.
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Market Segmentation
Turkey cyber security market is segmented into security type, solutions type, deployment mode, end use industry, regional distribution, and competitive landscape. Based on security type, the market is divided into network security, endpoint security, application security, cloud security, content security, and others. Based on solutions type, the market is divided into firewall, antivirus & antimalware, data loss prevention, risk & compliance management, identity & access management, intrusion detection/prevention system, email filtering, secure web gateways, encryption & decryption, and others. Based on deployment mode, the market is bifurcated into on-premises v/s cloud. Based on end use industry, the market is divided into BFSI, IT & Telecom, defense, healthcare, energy & power, retail & e-commerce, and others. Turkey cyber security market is studied in major regions namely Marmara, Central Anatolia, Aegean, Mediterranean, Black Sea, South-Eastern Anatolia, and Eastern Anatolia.
Market Players
Swordsec, IBM Corporation, Cisco, Check Point, Fireeye, Trend Micro, NortonLifeLock, Micro Focus, Microsoft, Amazon Web Services, Oracle, Fortinet, Accenture, Palo Alto Networks, Wipro Limited, are among the major market players operating in the Turkey Cyber Security market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Security Type · Solutions Type · Deployment Mode · End Use Industry |
Regional scope | Marmara Region, Central Anatolia, Aegean Region, Mediterranean Region, Black Sea Region, South-Eastern Anatolia Region, Eastern Anatolia Region |
Key companies profiled | Swordsec, IBM Corporation, Cisco, Check Point, Fireeye, Trend Micro, NortonLifeLock, Micro Focus, Microsoft, Amazon Web Services, Oracle, Fortinet, Accenture, Palo Alto Networks, Wipro Limited |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |