Global Social Media Security Market was worth US$ 940 Mn. in 2020 and total revenue is expected to grow at a rate of 12.03 % CAGR from 2021 to 2027, reaching almost US$ 2100 Mn.

Global Social Media Security Market Overview:

The practice of assessing information security, which deals with designing and implementing security measures to preserve the integrity of social media from viruses, is referred to as social media security. LinkedIn, YouTube, What app, Facebook, Instagram, and a slew of other social media platforms play a critical part in the communication channel, containing a massive database of information including business, address, name, and date of birth, employees, and other personal facts. Additionally, it protects the IT architecture of social media platforms and resources from all types of assaults, including Trojans, viruses, phishing, password attacks, and aids in the security of internet access, user IDs and passwords, backup, and encryption details. As a result, social media has become a lucratively possible platform for cybercriminals, making privacy and social media security is a globally important concern aspect. To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Global Social Media Security Market Dynamics:

For engaging followers, marketing content, growing online communities, brand promotion, and so on, media and entertainment organizations rely heavily on social media platforms. Because of the prevalence of possible dangers like as online scams, pirated or objectionable information, targeted VIP threats, and others, social media security solutions are becoming more widely adopted. According to Zero FOX's recent Media & Entertainment digital threat report, the top attack tactics targeting the industry have been divided into several categories, including cyber-attack chatter, sensitive content, information exposure, impersonations or account takeover, pirated content, and counterfeit goods. Irdeto announced the addition of the client watermarking features to its Trace Mark forensic watermarking system in September 2019, allowing for faster integration and detection of pirate sources. According to the firm, content redistribution piracy is still a serious danger to the media and entertainment business, owing to rising budgets for original content, broadcasting, and over-the-top (OTT) services, which creates redistribution piracy difficulties. In the long run, the development of such solutions will aid media and entertainment organizations in overcoming content piracy challenges. Difficulties in responding to changing client requirements are a major problem inhibiting the growth of the social media security business. Meeting advanced and sophisticated threats within social media networking sites presents difficult problems for both users and vendors, especially with traditional firewalls and security solutions still in use. Addressing or meeting exact criteria creates complications because social media security solutions demand permission management from enterprises in order to have control and access to their data. This was impeding its adoption across enterprises in order to protect employee and organizational privacy, according to the company. Various government agencies and organizations have been focusing on enacting strong rules or laws for using social media platforms as part of their strict compliance with data privacy standards. Because social media contains sensitive information, securing it from cyber threats to minimize negative consequences has fueled the need for strong regulation to prevent social media misuse, limiting the expansion of social media security solutions. The Indian government issued strict guidelines for social media intermediaries such as WhatsApp, Facebook, Twitter, and YouTube in February 2021, requiring them to provide information related to identity verification of those who pass unlawful messages/information to lawfully authorized agencies within 72 hours. The law's implementation was intended to address issues such as the dissemination of fake news, platform abuse for spreading altered photos, and corporate rivalries, among others. Government rules like this will make it even more important for businesses to use social media security solutions in the long run.

Global Social Media Security Market Segment Analysis:

Based on Solution, the market is sub-segmented into Monitoring, Threat Intelligence, and Risk Management. The monitoring segment has the largest market share, while the threat intelligence segment is expected to grow at the fastest rate over the next few years. The elements that contribute to the increasing use of social media in businesses, as well as the urgent necessity for businesses to safeguard their social media platforms and networks against harmful attacks. Based on Security Type, the market is sub-segmented into Web security, Application security, Endpoint security, Network security, and Cloud security. During the forecast period, the network and cloud security categories are expected to grow at the fastest rates. The need for this segment is being driven by factors such as the widespread usage of cloud, mobiles, and tablets, which has left them subject to cyber-attacks and network hacking.

Global Social Media Security Market Regional Insights:

In 2019, North America is expected to have the greatest market size, which will be surpassed by APAC in 2023. The market for social media security is expected to be driven by the growing requirement for companies to protect their confidential data on social media platforms and monitor their employees' social media behaviour linked to their jobs. Also, the social media security market in the Asia Pacific is likely to be driven by the fast adoption of corporate social media for business purposes in major nations, as well as regulatory reforms (APAC). Enterprises in a variety of verticals, including manufacturing, retail, and Banking, Financial Services, and Insurance (BFSI), are expected to use enterprise social media for branding and communication in Latin America and they are expected to invest heavily in social media security solutions and services. Objective of the report is to present a comprehensive analysis of the Global Social Media Security market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global Social Media Security market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide

Global Social Media Security Market Scope: Inquire before buying

Global Social Media Security Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Social Media Security Market key player

• Sophos • Trend Micro • Symantec • Micro Focus • CA Technologies (Veracode) • ZeroFox • RiskIQ • Solar Winds • Digital Shadows • Proof point • LookingGlass Cyber Solutions • KnowBe4 • Hootsuite • Centrify • Socialhub • Brandle • DigitalStakeout • Bowline Security • Social Sentinel • SecureMySocial • Hueya • CSC • CoNetrix • Crisp Thinking • CrowdControlHQ Frequently Asked Questions: 1) What was the market size of Global Social Media Security Market markets in 2020? Ans - Global market was worth US$ 0.94Bn in 2020. 2) What is the market segment of Global Social Media Security Market markets? Ans -The market segments are based on Service, Solution, Security type, Organization size and Vertical. 3) What is forecast period consider for Global Social Media Security Market? Ans -The forecast period for Global Social Media Security Market is 2021 to 2027. 4) Which are the worldwide major key players covered for Global Social Media Security Market report? Ans – Sophos, Trend Micro, Symantec, Micro Focus, CA Technologies (Veracode), ZeroFox, Ri skIQ, Solar Winds, Digital Shadows, Proof point, Looking Glass Cyber Solutions, KnowBe4, Hootsuite, Centrify, Socialhub, Brandle, DigitalStakeout, Bowline Security, Social Sentinel, SecureMySocial, Hueya, CSC, CoNetrix, Crisp Thinking and CrowdControlHQ 5) Which region is dominated in Global Social Media Security Market? Ans -In 2020, North America region dominated the Global Social Media Security Market.