The Global Social Media Security Market is estimated to reach USD 2.1 Billion by 2025 at a CAGR of 17.9%, predicts forencis research (FSR).
Social media security is the process of analyzing dynamic social media data to protect against security and business threats. In recent years’ social media have gained huge popularity platforms such as Facebook, LinkedIn, Instagram, YouTube, and Twitter. Also, many other data fields have a vital role in the communication channel of a database for personal and corporate information such as name, date of birth, employees, address, and business are available on a social media platform.
Market Drivers:
All over social media have several advantages including increasing brand awareness of any product or service and is cost-effective, they face an unlikely challenge of attack from hackers such as violence, cyber terrorism, frauds, crimes, and password attacks. Also, the false and fake information can damage the reputation of the companies by stolen data. Moreover, the risk is increased when it comes to government profile and security which can disturb the peace and harmony of an entire nation. To avoid this problem and difficulty social media security is enhancing and monitoring the behaviour of the users.
Hence, increasing security attacks on social media platforms is expected to surge the social media security market during the forecast period.
Increasing stringent government rule and regulations are excepted to secure and protect the sensitive data which can drive the social media security market. The digital platform and monitoring social media can help to detect the fake news and cracking cyberattack on the social media platform. Furthermore, the payment card industry has also stated that employees will monitor their duplication of data and information posts on social media platforms.
Therefore, the stringent government rule and regulations are expected to drive the social media security market during the forecast period.
Market Restraints:
Malware and scam attacks on social networks such as Facebook, Twitter, and even the Android Market are growing these days. Also, privacy on social media platforms is a key concern by the users. Uploading multiple contents which hold information can communicate through a virus that can be a major problem on the networking sites.
Hence, the increasing malware attack is a major factor restraining the growth of the global social media security market.
The report on the social media security market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
Measured Units |
Value (USD Million) |
Segments Included |
Solution, Security Type, End-User and Region |
Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Social Media Security Market, by Solution
Social Media Security Market, by Security Type
Social Media Security Market, by End-Users
Social Media Security Market, by Region
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain