Global Social Media Security Market Outlook to 2023

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DUBLIN–(BUSINESS WIRE)–Dec 21, 2018–The “Social Media Security Market – Forecasts From 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

The social media security market is projected to grow at a CAGR of 20.18% to reach US$2,290.557 million by 2023, from US$760.14 million in 2017.

The demand for social media security services will show a rising trend on the account of increasing social media engagement by corporates for promotion and advertisement, with the growing demand for smartphones, tablets, laptops and other consumer electronics.

The stringent government regulations due to the increasing number of cyber-attacks on social media platforms will increase the demand for these services. However, the rising internal integration of security options within social media platforms and browsers will be a restraining factor on the growth of the demand for social media security services.

The North American and European regions posses a significant share in the market due to early adoption towards corporate social media usage for promotions and marketing. The Asia Pacific market will…

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