global cyber security market

For instance, in August 2021, Palo Alto Networks introduced an upgraded version of its Cortex XDR platform. As such, IDS/IPS solutions increase visibility across networks by identifying malicious content, thereby preventing cyber-attacks while also blocking unwanted traffic. The managed services segment is expected to register the highest growth rate of more than 10% over the forecast period. Need to undestand the pricing and positioning for Key management and Crypto cipher blocks for hardware and software implementations, for evaluating some internally developed security technologies. 2022 MarketsandMarkets Research Private Ltd. All rights reserved, Published Date: Jun2021 | Report Code: TC 3485, Communication and Connectivity Technology, Coatings Adhesives Sealants and Elastomers, Automotive Electronics and Electrical Equipment, Construction Technology and Sustainability, India to lead draft plan for cybersecurity in BIMSTEC: Official, Cybersecurity crisis: Average person stumbles onto 6+ suspicious websites a day, Swish Data Awarded US Coast Guard Cybersecurity Contract - HS Today, Tor updates, fake WhatsApp and other cybersecurity developments, USA and Saudi Cyber Security agencies sign MOU for cybersecurity cooperation, Joint Cybersecurity Committee inaugurated, Cybersecurity News Round-Up: Week of July 11, 2022, Board approves new USM degree in cybersecurity, Brave uses Goggle to show only cybersecurity websites, Digitalisation meaningless without cybersecurity - Ursula Owusu, Analytical and Scientific Instrumentation. Secondary research was mainly used to obtain key information about the industrys value chain and supply chain to identify key players according to their offerings and industry trends related to technology, application, and region, and key developments from both markets- and technology-oriented perspectives. Some prominent players in the global cyber security market include, Revenue in USD million and CAGR from 2022 to 2030, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, Component, security type, solutions, services, deployment, organization size, applications, region, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico, Broadcom; Cisco Systems, Inc.; Check Point Software Technology Ltd.; IBM; McAfee, LLC; Palo Alto Networks, Inc.; Trend Micro Incorporated. Several employees are expected to continue working from home or remote premises with the increasing BYOD trend. Data was also collected from other secondary sources, such as the SANS Institute, ISSA, Information Security Forum (ISF), European Cyber Security Organization (ECSO), and European Union Agency for Cybersecurity (ENISA). Additionally, cloud deployment enables remote access to solutions across various devices, which is further expected to propel the segment growth. Free business intelligence platform with subscription, 4. Managed services provide a cost-effective way without requiring internal teams to manage the company's IT security workload. Internet security solutions in connected network infrastructure have strengthened as e-commerce platforms and artificial intelligence, cloud technology, and blockchain have emerged. Further, managed service providers are entirely focused on observing threat patterns and enhancing security operations anticipated to mitigate cyber-attacks, thereby increasing the adoption of managed services. Trends that are impacting Cybersecurity market include: Who are the prominent players in the Cybersecurity market? Major vendors, namely, include IBM (US), Cisco (US), Check Point (Israel), FireEye (US), Trend Micro (Japan), NortonLifeLock (US), Rapid7 (US), Micro Focus (UK), Microsoft (US), Amazon Web Services (US), Oracle (US), Fortinet (US), Palo Alto Networks (US), Accenture (Ireland), McAfee (US), RSA Security (US), Forcepoint (US), Sophos PLC (UK), Imperva (US), Proofpoint (US), Juniper Network (US), Splunk (US), SonicWall (US), CyberArk (US), F-secure (Finland), Qualys (US), F5 (US), AlgoSec (US), SentinelOne (US), DataVisor (US), RevBits (US), Wi-Jungle (India), BluVector (US), Aristi Labs (India) and Securden (US). Cyber threats are anticipated to evolve with the increase in usage of devices with intelligent and IoT technologies. As such several governments worldwide are investing heavily in strengthening the cyber security of their nations, which is eventually contributing to the segment growth. Companies have to spend a considerable amount of money to recover from these losses and mitigate the risks evolving from data breaches. Cybersecurity Market solutions have been in high demand in healthcare, manufacturing, and government during the epidemic. After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. In countries like the U.S. and Canada, the growing number of online e-commerce platforms is boosting the market growth. Small and medium enterprises are more prone to cyber-attacks with a low level of security due to budget constraints. Component, Software, Security Type, Deployment Type, Organization Size, Vertical, And Region, North America, Europe, Asia Pacific, Middle East and Africa, Latin America. Therefore, security vendors in this region focus on innovations with regard to their product lines. The APAC region comprises emerging economies, such as India, China, Japan, Malaysia, Singapore, and Japan. The individual markets included key market subsegments comprising components (hardware, software, and services), security types, deployment modes, organization size, verticals, and regions. The nature of cyber threats is changing continuously and becoming more sophisticated. Cyber security experienced a slight dip in 2020 due to the closure of several organizations during the first and second quarters of 2020. The global cyber security market size was valued at USD 184.93 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2022 to 2030. The key market players in the global market in 2021 include Palo Alto Networks, Trend Micro Incorporated, VMware, Inc., Broadcom, McAfee, Inc., and others. According to a poll performed by the National Bureau of Economic Research in 2020, 43% of respondents in the U.S. said that small and medium companies were temporarily closed. As such, the growing need to cut operational and data breach costs and secure IT assets is anticipated to drive the adoption in SMEs. The infrastructure protection segment accounted for the largest revenue share in 2021, contributing more than 25% of the overall revenue. 14.2 OTHER PLAYERS 14.2.1 MCAFEE TABLE 452 MCAFEE: BUSINESS OVERVIEW TABLE 453 MCAFEE: SOLUTIONS OFFERED TABLE 454 MCAFEE: CYBERSECURITY MARKET: NEW PRODUCT LAUNCHES TABLE 455 MCAFEE: MARKET: DEALS 14.2.2 RSA SECURITY TABLE 456 RSA SECURITY: BUSINESS OVERVIEW TABLE 457 RSA SECURITY: PRODUCTS OFFERED TABLE 458 RSA SECURITY: MARKET: NEW PRODUCT LAUNCHES 14.2.3 FORCEPOINT TABLE 459 FORCEPOINT: BUSINESS OVERVIEW TABLE 460 FORCEPOINT: SOLUTIONS OFFERED TABLE 461 FORCEPOINT: MARKET: DEALS TABLE 462 FORCEPOINT: MARKET: OTHERS 14.2.4 SOPHOS TABLE 463 SOPHOS: BUSINESS OVERVIEW TABLE 464 SOPHOS: PRODUCTS OFFERED TABLE 465 SOPHOS: MARKET: DEALS TABLE 466 SOPHOS: CYBERSECURITY MARKET: OTHERS 14.2.5 IMPERVA 14.2.6 PROOFPOINT 14.2.7 JUNIPER NETWORKS 14.2.8 SPLUNK 14.2.9 SONICWALL 14.2.10 CYBERARK 14.2.11 FSECURE 14.2.12 QUALYS 14.2.13 F5 14.2.14 ALGOSEC 14.2.15 SENTINELONE 14.2.16 DATAVISOR 14.2.17 REVBITS 14.2.18 WIJUNGLE 14.2.19 BLUVECTOR 14.2.20 ARISTI LABS 14.2.21 SECURDEN, 15 ADJACENT MARKETS (Page No. Security vendors are involved in developing cyber security solutions with artificial intelligence and machine learning-based capabilities, which require high-end IT infrastructure. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. b. Further, cloud-based security solutions are easy and cost-effective to deploy and manage as well as upgrade, which is a primary reason expected to contribute to market growth. Traditional appliance-based firewalls and security gateways are incapable of securing cloud-based applications from cyber attacks, such as malware, ransomware, phishing, and DNS data exfiltration. An extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report. Global top 2000 strategist rely on us for their growth strategies. The increasing number of cyber-attacks with the emergence of e-commerce platforms, deployment of cloud solutions, and proliferation of smart devices are some of the factors driving the market growth. The limited capital funding can be a major restraining factor for some small and medium-sized companies embracing the cybersecurity model. Free upgrade to enterprise license (allows to share across all company locations), 5. The report will account for COVID-19 as a key market contributor. To know about the assumptions considered for the study, download the pdf brochure. The high growth can be attributed to the growing deployment of cloud computing infrastructure and migration of on-premises solutions to the cloud by enterprises. North America to Lead the Global Cyber Security Market. Complimentary 10 hours free analyst time for market review, 3. The key players emphasize developing advanced security solutions with the incorporation of emerging technologies. The adoption of cybersecurity solutions is increasing for securing business-sensitive applications. Check Point Software Technologies (Israel), Global Cyber Security Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029, North America Cyber Security Market Size Estimates and Forecasts, By Segments, 2018-2029, South America Cyber Security Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029, Europe Cyber Security Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029. - 428) 15.1 INTRODUCTION TO ADJACENT MARKETS 15.2 ADVANCED PERSISTENT THREAT PROTECTION MARKET TABLE 467 ONPREMISES: ADVANCED PERSISTENT THREAT PROTECTION MARKET SIZE, BY REGION, 20142019 (USD MILLION) TABLE 468 ONPREMISES: ADVANCED PERSISTENT THREAT PROTECTION MARKET SIZE, BY REGION, 20192025 (USD MILLION) TABLE 469 CLOUD: ADVANCED PERSISTENT THREAT PROTECTION MARKET SIZE, BY REGION, 20142019 (USD MILLION) TABLE 470 CLOUD: ADVANCED PERSISTENT THREAT PROTECTION MARKET SIZE, BY REGION, 20192025 (USD MILLION) 15.3 IDENTITY AND ACCESS MANAGEMENT MARKET TABLE 471 CLOUD: IDENTITY AND ACCESS MANAGEMENT MARKET SIZE, BY REGION, 20142019 (USD MILLION) TABLE 472 CLOUD: IDENTITY AND ACCESS MANAGEMENT MARKET SIZE, BY REGION, 20192025 (USD MILLION) TABLE 473 ONPREMISES: IDENTITY AND ACCESS MANAGEMENT MARKET SIZE, BY REGION, 20142019 (USD MILLION) TABLE 474 ONPREMISES: IDENTITY AND ACCESS MANAGEMENT MARKET SIZE, BY REGION, 20192025 (USD MILLION) 15.4 MULTIFACTOR AUTHENTICATION MARKET TABLE 475 SMALL AND MEDIUMSIZED ENTERPRISES: MULTIFACTOR AUTHENTICATION MARKET SIZE, BY REGION, 20152020 (USD MILLION) TABLE 476 SMALL AND MEDIUMSIZED ENTERPRISES: MULTIFACTOR AUTHENTICATION MARKET SIZE, BY REGION, 20202026 (USD MILLION) TABLE 477 LARGE ENTERPRISES: MULTIFACTOR AUTHENTICATION MARKET SIZE, BY REGION, 20152020 (USD MILLION) TABLE 478 LARGE ENTERPRISES: MULTIFACTOR AUTHENTICATION MARKET SIZE, BY REGION, 20202026 (USD MILLION), 16 APPENDIX (Page No. Rising frequency and sophistication of target-based cyber attacks, Increasing demand for the cybersecurity mesh, Budgetary constraints among small and emerging startups in developing economies, Adoption of IoT security to increase demand in the cybersecurity market, Increase in the need for cloud-based cybersecurity solutions among SMEs, Accretion in BYOD trends led the endpoint security segment to grow further in mobile protection, Design and implementation difficulties to deploy cybersecurity solutions. Emerging online e-commerce platforms and the introduction of essential technologies such as the internet of things (IoT), cloud security, artificial intelligence (AI), and others are driving the market. Advanced IT security solutions are installed by key providers to protect highly sensitive information related to manufacturing operations while also increasing productivity. - 59) 1.1 INTRODUCTION TO COVID19 1.2 COVID19 HEALTH ASSESSMENT FIGURE 1 COVID19: GLOBAL PROPAGATION FIGURE 2 COVID19 PROPAGATION: SELECT COUNTRIES 1.3 COVID19 ECONOMIC ASSESSMENT FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 1.3.1 COVID19 ECONOMIC IMPACTSCENARIO ASSESSMENT FIGURE 4 CRITERIA IMPACTING THE GLOBAL ECONOMY FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 1.4 OBJECTIVES OF THE STUDY 1.4.1 MARKET DEFINITION 1.4.2 INCLUSIONS AND EXCLUSIONS 1.5 MARKET SCOPE 1.5.1 MARKET SEGMENTATION 1.5.2 YEARS CONSIDERED FOR THE STUDY 1.6 CURRENCY CONSIDERED TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 20152020 1.7 STAKEHOLDERS 1.8 SUMMARY OF CHANGES, 2 RESEARCH METHODOLOGY (Page No. The rise in threats and vulnerabilities, and government compliances has made North America the most lucrative market for different vendor categories. - 114) 6.1 INTRODUCTION FIGURE 27 SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 6.1.1 MARKET ESTIMATES AND FORECASTS, BY COMPONENT, 20152026 TABLE 6 MARKET SIZE, BY COMPONENT, 20152020 (USD MILLION) TABLE 7 MARKET SIZE, BY COMPONENT, 20202026 (USD MILLION) 6.2 HARDWARE 6.2.1 HARDWARE: MARKET DRIVERS 6.2.2 HARDWARE: COVID19 IMPACT 6.2.3 SHIPMENT UNIT ESTIMATES AND FORECASTS, HARDWARE, 20152026 TABLE 8 HARDWARE: MARKET, BY SHIPMENT, 2015-2019 (THOUSAND UNIT) TABLE 9 HARDWARE: MARKET, BY SHIPMENT, 2020-2026 (THOUSAND UNIT) 6.2.4 MARKET ESTIMATES AND FORECASTS, HARDWARE, 20152026 TABLE 10 MARKET SIZE FOR HARDWARE, BY REGION, 20152020 (USD MILLION) TABLE 11 MARKET SIZE FOR HARDWARE, BY REGION, 20202026 (USD MILLION) 6.3 SOFTWARE 6.3.1 SOFTWARE: CYBERSECURITY MARKET DRIVERS 6.3.2 SOFTWARE: COVID19 IMPACT 6.3.3 MARKET ESTIMATES AND FORECASTS, BY SOFTWARE, 20152026 TABLE 12 MARKET SIZE FOR SOFTWARE, BY REGION, 20152020 (USD MILLION) TABLE 13 MARKET SIZE FOR SOFTWARE, BY REGION, 20202026 (USD MILLION) 6.4 SERVICES 6.4.1 SERVICES: MARKET DRIVERS 6.4.2 SERVICES: COVID19 IMPACT FIGURE 28 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 6.4.3 MARKET ESTIMATES AND FORECASTS, BY SERVICE, 20152026 TABLE 14 MARKET SIZE FOR SERVICES, BY REGION, 20152020 USD MILLION) TABLE 15 MARKET SIZE FOR SERVICES, BY REGION, 20202026 (USD MILLION) TABLE 16 SERVICES: MARKET SIZE, BY TYPE, 20152020 (USD MILLION) TABLE 17 SERVICES: MARKET SIZE, BY TYPE, 20202026 (USD MILLION) 6.4.4 PROFESSIONAL SERVICES 6.4.4.1 Professional services: cybersecurity market drivers 6.4.4.2 Professional services: COVID19 impact FIGURE 29 CONSULTING SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 6.4.4.3 Market estimates and forecasts, by region, 20152026 TABLE 18 MARKET SIZE FOR PROFESSIONAL SERVICES, BY REGION, 20152020 (USD MILLION) TABLE 19 MARKET SIZE FOR PROFESSIONAL SERVICES, BY REGION, 20202026 (USD MILLION) TABLE 20 MARKET SIZE FOR PROFESSIONAL SERVICES, BY TYPE, 20152020 USD MILLION) TABLE 21 MARKET SIZE FOR PROFESSIONAL SERVICES, BY TYPE, 20202026 (USD MILLION) 6.4.4.4 Design and implementation TABLE 22 MARKET SIZE FOR DESIGN AND IMPLEMENTATION, BY REGION, 20152020 USD MILLION) TABLE 23 MARKET SIZE FOR DESIGN AND IMPLEMENTATION, BY REGION, 20202026 (USD MILLION) 6.4.4.5 Risk and threat assessment TABLE 24 CYBERSECURITY MARKET SIZE FOR RISK AND THREAT ASSESSMENT, BY REGION, 20152020 USD MILLION) TABLE 25 MARKET SIZE FOR RISK AND THREAT ASSESSMENT, BY REGION, 20202026 (USD MILLION) 6.4.4.6 Consulting TABLE 26 MARKET SIZE FOR CONSULTING, BY REGION, 20152020 (USD MILLION) TABLE 27 MARKET SIZE FOR CONSULTING, BY REGION, 20202026 (USD MILLION) 6.4.4.7 Training and education TABLE 28 MARKET SIZE FOR TRAINING AND EDUCATION, BY REGION, 20152020 (USD MILLION) TABLE 29 MARKET SIZE FOR TRAINING AND EDUCATION, BY REGION, 20202026 (USD MILLION) 6.4.4.8 Support and maintenance TABLE 30 MARKET SIZE FOR SUPPORT AND MAINTENANCE, BY REGION, 20152020 (USD MILLION) TABLE 31 MARKET SIZE FOR SUPPORT AND MAINTENANCE, BY REGION, 20202026 (USD MILLION) 6.4.5 MANAGED SERVICES 6.4.5.1 Managed services: market drivers 6.4.5.2 Managed services: COVID19 impact 6.4.5.3 Market estimates and forecasts, by region, 20152026 TABLE 32 MARKET SIZE FOR MANAGED SERVICES, BY REGION, 20152020 (USD MILLION) TABLE 33 MARKET SIZE FOR MANAGED SERVICES, BY REGION, 20202026 (USD MILLION), 7 CYBERSECURITY MARKET, BY SOFTWARE (Page No. Further, the growing need to control user access to critical information during the pandemic is expected to contribute to market growth. This research study involved the use of extensive secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva, to identify and collect information for a technical, market-oriented, and commercial study of the global cybersecurity market. As cybercrimes have increased significantly, businesses worldwide have channeled their spending on advanced information security technologies to strengthen their in-house security infrastructures. Following is the breakdown of the primary respondents: Both top-down and bottom-up approaches were used to estimate and validate the total size of Cybersecurity Market. Ransomware, ad fraud malware, android malware, DDoS, botnets, banking Trojans, and adware are the topmost malware attacks in this region. We never share your personal data. IBM was founded in 1911 and is headquartered in New York, US. it increased focus on cybersecurity. The healthcare segment held the highest revenue share of the overall market in 2021. Cisco Systems and Other Market Leaders will Expand their Product Lines. North America Cyber Security Market Size, 2020 (USD 62.41 Billion). Increasing scrutiny over the identity verification requirements during the crisis will be key to improving cybersecurity for remote workers in order to reduce related cyber threats. The market is characterized by the presence of several players offering differentiated security solutions with advanced features. Government and defense organizations are under a constant security threat from state-sponsored hacktivists due to the confidential nature of the information they possess. These solutions offer real-time monitoring and identification of new threats while also responding autonomously. Further, there are a lot of IoT-enabled systems that include smart HVAC systems, remote patient monitoring devices, infusion pumps, smart elevators, and more, which are critical in maintaining daily patient-related activities. We are GDPR and CCPA compliant!

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