Internet security plays an important role in protecting data from threats of viruses, hacking etc. Internet security is increasingly adopted to ensure safe connectivity across the industries and various sectors.

Increasing usage of Internet and cloud-based services for data communication is a major factor boosting the growth of the global Internet security market. On the other hand, high cost of Internet security services may hamper the growth of the global Internet security market.

The global Internet security market report has been segmented on the basis of product type and service, technology, application, and region.

On the basis of product type and service, the global Internet security market is segmented into hardware service and software service. The hardware service segment is anticipated to register significant growth over the forecast period. In contrast, software service segment is projected to register moderate growth over the forecast period.

On the basis of region, the global Internet security market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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The market in North America accounted is expected to register highest revenue in the global Internet security market, and is projected to maintain its dominance over the forecast period. This is primarily attributed due to increasing awareness among the consumers about the Internet security in the region. Revenue from the market in Europe is expected to account for second-highest share and is closely followed by the markets in Asia Pacific, Latin America, and Middle East & Africa respectively. This is attributed due to increasing adoption of Internet and cloud-based services in the region. Furthermore, the market in Asia Pacific is projected to witness significant growth over the forecast period, and is expected to register a CAGR of XX.X%. This is attributed owing to increasing growth of e-commerce websites in emerging economies in the region. Also, the markets in Latin America and Middle East & Africa are projected to register moderate growth over the forecast period.

Prominent players in the global Internet security market include International Business Machine (IBM) Corp., Hewlett Packard Company, Microsoft Corp., Cisco Systems, Inc. Symantec Corporation, Trend Micro Inc. Kaspersky Lab, Webroot Inc., Cyber Ark Software Ltd. and, Qualys, Inc.