Cybersecurity Insurance Market Strategies and Share 2031
MARKET INTRODUCTION
Cyber security insurance is a contract that a person or a company can buy to assist mitigate the financial hazards of doing business online. The insurance policy transfers some of the risks to the insurer in exchange for a monthly or quarterly cost. Many businesses obtain cybersecurity insurance to cover any additional costs that may arise because of the physical destruction or theft of digital assets. The cost of notifying customers about a security breach, as well as the cost of regulatory compliance fines, are typical examples of such expenses.
MARKET DYNAMICS
AI and blockchain are two of the most recent rising technologies that are projected to enhance risk analytics solutions and provide new growth opportunities. Some of the primary issues and pain points faced by cybersecurity insurance businesses could be addressed by combining these technologies with risk analytics solutions. Faster transactions and settlements are made possible by modern technologies, allowing financial institutions and their customers to perform transactions more quickly while avoiding the cost of an intermediary. In evaluating claims, maintaining reserves, and providing policy coverage, risk analytics solutions are critical. Risk analytics solutions are also becoming increasingly important in insurance underwriting to help better identify risks and make educated decisions.
MARKET SCOPE
The "Global Cybersecurity Insurance Market Analysis To 2031" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The cybersecurity insurance market report aims to provide an overview of the cybersecurity insurance market with detailed market segmentation by component, insurance type, enterprise size, end user, and geography. The global cybersecurity insurance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cybersecurity insurance market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cybersecurity insurance market is segmented based on component, insurance type, enterprise size, end user. Based on the component, the cybersecurity insurance market is segmented into solution, services. Based on insurance type, the cybersecurity insurance market is segmented into packaged, stand-alone. Based on enterprise size, the cybersecurity insurance market is segmented into SMEs. large enterprises. Based on end-user, the cybersecurity insurance market is segmented into broker, insurance companies, agencies.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cybersecurity insurance market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cybersecurity insurance market by each region is later sub-segmented by respective countries and segments. The cybersecurity insurance market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cybersecurity insurance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the cybersecurity insurance market in these regions.
IMPACT OF COVID-19 ON CYBERSECURITY INSUARNCE MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the cybersecurity insurance market. Many companies now operate their businesses on online platforms due to the lockdown conditions; more companies are adopting video as a service. Therefore, the demand for cybersecurity insurance is increasing during COVID-19 and is also set to increase during the forecast period.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cybersecurity insurance market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cybersecurity insurance market by each region is later sub-segmented by respective countries and segments. The cybersecurity insurance market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cybersecurity insurance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the cybersecurity insurance market in these regions.
IMPACT OF COVID-19 ON CYBERSECURITY INSUARNCE MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the cybersecurity insurance market. Many companies now operate their businesses on online platforms due to the lockdown conditions; more companies are adopting video as a service. Therefore, the demand for cybersecurity insurance is increasing during COVID-19 and is also set to increase during the forecast period.
MARKET PLAYERS
The reports cover key developments in the cybersecurity insurance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from cybersecurity insurance market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the cybersecurity insurance market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cybersecurity insurance market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aspira
- Active Network, LLC
- ABC Registrations, LLC
- Bunk1
- CircuiTree
- CampBrain
- CampMinder, LLC.
- CampSite
- Regpacks
- UltraCamp
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cybersecurity Insurance Market - By Component
1.3.2 Cybersecurity Insurance Market - By Insurance Type
1.3.3 Cybersecurity Insurance Market - By Enterprise Size
1.3.4 Cybersecurity Insurance Market - By End User
1.3.5 Cybersecurity Insurance Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CYBERSECURITY INSURANCE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CYBERSECURITY INSURANCE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CYBERSECURITY INSURANCE MARKET - GLOBAL MARKET ANALYSIS
6.1. CYBERSECURITY INSURANCE - GLOBAL MARKET OVERVIEW
6.2. CYBERSECURITY INSURANCE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CYBERSECURITY INSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. CYBERSECURITY INSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - INSURANCE TYPE
8.1. OVERVIEW
8.2. INSURANCE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PACKAGED
8.3.1. Overview
8.3.2. Packaged Market Forecast and Analysis
8.4. STAND-ALONE
8.4.1. Overview
8.4.2. Stand-alone Market Forecast and Analysis
9. CYBERSECURITY INSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
9.1. OVERVIEW
9.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMES
9.3.1. Overview
9.3.2. SMEs Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large Enterprises Market Forecast and Analysis
10. CYBERSECURITY INSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. BROKERS
10.3.1. Overview
10.3.2. Brokers Market Forecast and Analysis
10.4. INSURANCE COMPANIES
10.4.1. Overview
10.4.2. Insurance Companies Market Forecast and Analysis
10.5. AGENCIES
10.5.1. Overview
10.5.2. Agencies Market Forecast and Analysis
11. CYBERSECURITY INSURANCE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Cybersecurity Insurance Market Overview
11.1.2 North America Cybersecurity Insurance Market Forecasts and Analysis
11.1.3 North America Cybersecurity Insurance Market Forecasts and Analysis - By Component
11.1.4 North America Cybersecurity Insurance Market Forecasts and Analysis - By Insurance Type
11.1.5 North America Cybersecurity Insurance Market Forecasts and Analysis - By Enterprise Size
11.1.6 North America Cybersecurity Insurance Market Forecasts and Analysis - By End User
11.1.7 North America Cybersecurity Insurance Market Forecasts and Analysis - By Countries
11.1.7.1 United States Cybersecurity Insurance Market
11.1.7.1.1 United States Cybersecurity Insurance Market by Component
11.1.7.1.2 United States Cybersecurity Insurance Market by Insurance Type
11.1.7.1.3 United States Cybersecurity Insurance Market by Enterprise Size
11.1.7.1.4 United States Cybersecurity Insurance Market by End User
11.1.7.2 Canada Cybersecurity Insurance Market
11.1.7.2.1 Canada Cybersecurity Insurance Market by Component
11.1.7.2.2 Canada Cybersecurity Insurance Market by Insurance Type
11.1.7.2.3 Canada Cybersecurity Insurance Market by Enterprise Size
11.1.7.2.4 Canada Cybersecurity Insurance Market by End User
11.1.7.3 Mexico Cybersecurity Insurance Market
11.1.7.3.1 Mexico Cybersecurity Insurance Market by Component
11.1.7.3.2 Mexico Cybersecurity Insurance Market by Insurance Type
11.1.7.3.3 Mexico Cybersecurity Insurance Market by Enterprise Size
11.1.7.3.4 Mexico Cybersecurity Insurance Market by End User
11.2. EUROPE
11.2.1 Europe Cybersecurity Insurance Market Overview
11.2.2 Europe Cybersecurity Insurance Market Forecasts and Analysis
11.2.3 Europe Cybersecurity Insurance Market Forecasts and Analysis - By Component
11.2.4 Europe Cybersecurity Insurance Market Forecasts and Analysis - By Insurance Type
11.2.5 Europe Cybersecurity Insurance Market Forecasts and Analysis - By Enterprise Size
11.2.6 Europe Cybersecurity Insurance Market Forecasts and Analysis - By End User
11.2.7 Europe Cybersecurity Insurance Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Cybersecurity Insurance Market
11.2.7.1.1 Germany Cybersecurity Insurance Market by Component
11.2.7.1.2 Germany Cybersecurity Insurance Market by Insurance Type
11.2.7.1.3 Germany Cybersecurity Insurance Market by Enterprise Size
11.2.7.1.4 Germany Cybersecurity Insurance Market by End User
11.2.7.2 France Cybersecurity Insurance Market
11.2.7.2.1 France Cybersecurity Insurance Market by Component
11.2.7.2.2 France Cybersecurity Insurance Market by Insurance Type
11.2.7.2.3 France Cybersecurity Insurance Market by Enterprise Size
11.2.7.2.4 France Cybersecurity Insurance Market by End User
11.2.7.3 Italy Cybersecurity Insurance Market
11.2.7.3.1 Italy Cybersecurity Insurance Market by Component
11.2.7.3.2 Italy Cybersecurity Insurance Market by Insurance Type
11.2.7.3.3 Italy Cybersecurity Insurance Market by Enterprise Size
11.2.7.3.4 Italy Cybersecurity Insurance Market by End User
11.2.7.4 United Kingdom Cybersecurity Insurance Market
11.2.7.4.1 United Kingdom Cybersecurity Insurance Market by Component
11.2.7.4.2 United Kingdom Cybersecurity Insurance Market by Insurance Type
11.2.7.4.3 United Kingdom Cybersecurity Insurance Market by Enterprise Size
11.2.7.4.4 United Kingdom Cybersecurity Insurance Market by End User
11.2.7.5 Russia Cybersecurity Insurance Market
11.2.7.5.1 Russia Cybersecurity Insurance Market by Component
11.2.7.5.2 Russia Cybersecurity Insurance Market by Insurance Type
11.2.7.5.3 Russia Cybersecurity Insurance Market by Enterprise Size
11.2.7.5.4 Russia Cybersecurity Insurance Market by End User
11.2.7.6 Rest of Europe Cybersecurity Insurance Market
11.2.7.6.1 Rest of Europe Cybersecurity Insurance Market by Component
11.2.7.6.2 Rest of Europe Cybersecurity Insurance Market by Insurance Type
11.2.7.6.3 Rest of Europe Cybersecurity Insurance Market by Enterprise Size
11.2.7.6.4 Rest of Europe Cybersecurity Insurance Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Cybersecurity Insurance Market Overview
11.3.2 Asia-Pacific Cybersecurity Insurance Market Forecasts and Analysis
11.3.3 Asia-Pacific Cybersecurity Insurance Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Cybersecurity Insurance Market Forecasts and Analysis - By Insurance Type
11.3.5 Asia-Pacific Cybersecurity Insurance Market Forecasts and Analysis - By Enterprise Size
11.3.6 Asia-Pacific Cybersecurity Insurance Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Cybersecurity Insurance Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Cybersecurity Insurance Market
11.3.7.1.1 Australia Cybersecurity Insurance Market by Component
11.3.7.1.2 Australia Cybersecurity Insurance Market by Insurance Type
11.3.7.1.3 Australia Cybersecurity Insurance Market by Enterprise Size
11.3.7.1.4 Australia Cybersecurity Insurance Market by End User
11.3.7.2 China Cybersecurity Insurance Market
11.3.7.2.1 China Cybersecurity Insurance Market by Component
11.3.7.2.2 China Cybersecurity Insurance Market by Insurance Type
11.3.7.2.3 China Cybersecurity Insurance Market by Enterprise Size
11.3.7.2.4 China Cybersecurity Insurance Market by End User
11.3.7.3 India Cybersecurity Insurance Market
11.3.7.3.1 India Cybersecurity Insurance Market by Component
11.3.7.3.2 India Cybersecurity Insurance Market by Insurance Type
11.3.7.3.3 India Cybersecurity Insurance Market by Enterprise Size
11.3.7.3.4 India Cybersecurity Insurance Market by End User
11.3.7.4 Japan Cybersecurity Insurance Market
11.3.7.4.1 Japan Cybersecurity Insurance Market by Component
11.3.7.4.2 Japan Cybersecurity Insurance Market by Insurance Type
11.3.7.4.3 Japan Cybersecurity Insurance Market by Enterprise Size
11.3.7.4.4 Japan Cybersecurity Insurance Market by End User
11.3.7.5 South Korea Cybersecurity Insurance Market
11.3.7.5.1 South Korea Cybersecurity Insurance Market by Component
11.3.7.5.2 South Korea Cybersecurity Insurance Market by Insurance Type
11.3.7.5.3 South Korea Cybersecurity Insurance Market by Enterprise Size
11.3.7.5.4 South Korea Cybersecurity Insurance Market by End User
11.3.7.6 Rest of Asia-Pacific Cybersecurity Insurance Market
11.3.7.6.1 Rest of Asia-Pacific Cybersecurity Insurance Market by Component
11.3.7.6.2 Rest of Asia-Pacific Cybersecurity Insurance Market by Insurance Type
11.3.7.6.3 Rest of Asia-Pacific Cybersecurity Insurance Market by Enterprise Size
11.3.7.6.4 Rest of Asia-Pacific Cybersecurity Insurance Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Cybersecurity Insurance Market Overview
11.4.2 Middle East and Africa Cybersecurity Insurance Market Forecasts and Analysis
11.4.3 Middle East and Africa Cybersecurity Insurance Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Cybersecurity Insurance Market Forecasts and Analysis - By Insurance Type
11.4.5 Middle East and Africa Cybersecurity Insurance Market Forecasts and Analysis - By Enterprise Size
11.4.6 Middle East and Africa Cybersecurity Insurance Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Cybersecurity Insurance Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Cybersecurity Insurance Market
11.4.7.1.1 South Africa Cybersecurity Insurance Market by Component
11.4.7.1.2 South Africa Cybersecurity Insurance Market by Insurance Type
11.4.7.1.3 South Africa Cybersecurity Insurance Market by Enterprise Size
11.4.7.1.4 South Africa Cybersecurity Insurance Market by End User
11.4.7.2 Saudi Arabia Cybersecurity Insurance Market
11.4.7.2.1 Saudi Arabia Cybersecurity Insurance Market by Component
11.4.7.2.2 Saudi Arabia Cybersecurity Insurance Market by Insurance Type
11.4.7.2.3 Saudi Arabia Cybersecurity Insurance Market by Enterprise Size
11.4.7.2.4 Saudi Arabia Cybersecurity Insurance Market by End User
11.4.7.3 U.A.E Cybersecurity Insurance Market
11.4.7.3.1 U.A.E Cybersecurity Insurance Market by Component
11.4.7.3.2 U.A.E Cybersecurity Insurance Market by Insurance Type
11.4.7.3.3 U.A.E Cybersecurity Insurance Market by Enterprise Size
11.4.7.3.4 U.A.E Cybersecurity Insurance Market by End User
11.4.7.4 Rest of Middle East and Africa Cybersecurity Insurance Market
11.4.7.4.1 Rest of Middle East and Africa Cybersecurity Insurance Market by Component
11.4.7.4.2 Rest of Middle East and Africa Cybersecurity Insurance Market by Insurance Type
11.4.7.4.3 Rest of Middle East and Africa Cybersecurity Insurance Market by Enterprise Size
11.4.7.4.4 Rest of Middle East and Africa Cybersecurity Insurance Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Cybersecurity Insurance Market Overview
11.5.2 South and Central America Cybersecurity Insurance Market Forecasts and Analysis
11.5.3 South and Central America Cybersecurity Insurance Market Forecasts and Analysis - By Component
11.5.4 South and Central America Cybersecurity Insurance Market Forecasts and Analysis - By Insurance Type
11.5.5 South and Central America Cybersecurity Insurance Market Forecasts and Analysis - By Enterprise Size
11.5.6 South and Central America Cybersecurity Insurance Market Forecasts and Analysis - By End User
11.5.7 South and Central America Cybersecurity Insurance Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Cybersecurity Insurance Market
11.5.7.1.1 Brazil Cybersecurity Insurance Market by Component
11.5.7.1.2 Brazil Cybersecurity Insurance Market by Insurance Type
11.5.7.1.3 Brazil Cybersecurity Insurance Market by Enterprise Size
11.5.7.1.4 Brazil Cybersecurity Insurance Market by End User
11.5.7.2 Argentina Cybersecurity Insurance Market
11.5.7.2.1 Argentina Cybersecurity Insurance Market by Component
11.5.7.2.2 Argentina Cybersecurity Insurance Market by Insurance Type
11.5.7.2.3 Argentina Cybersecurity Insurance Market by Enterprise Size
11.5.7.2.4 Argentina Cybersecurity Insurance Market by End User
11.5.7.3 Rest of South and Central America Cybersecurity Insurance Market
11.5.7.3.1 Rest of South and Central America Cybersecurity Insurance Market by Component
11.5.7.3.2 Rest of South and Central America Cybersecurity Insurance Market by Insurance Type
11.5.7.3.3 Rest of South and Central America Cybersecurity Insurance Market by Enterprise Size
11.5.7.3.4 Rest of South and Central America Cybersecurity Insurance Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. CYBERSECURITY INSURANCE MARKET, KEY COMPANY PROFILES
13.1. BITSIGHT TECHNOLOGIES.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. REDSEAL, INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. SECURITYSCORECARD
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CYBER INDEMNITY SOLUTIONS LTD
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. CISCO SYSTEMS, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ATTACKIQ
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. BLACKBERRY LIMITED.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. FIREEYE.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. CYBERARK SOFTWARE LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SECURIT360
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
1.BitSight Technologies.
2.RedSeal, Inc.
3.SecurityScorecard
4.Cyber Indemnity Solutions Ltd
5.Cisco Systems, Inc.
6.AttackIQ
7.BlackBerry Limited.
8.FireEye.
9.CyberArk Software Ltd.
10.SecurIT360
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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