The global cyber security market size is expected to reach USD 311.73 Billion at a steady CAGR of 7.6% in 2028, according to latest analysis by Emergen Research. Steady cyber security market revenue growth is due to increase in the number of data breaches and increasing deployment to the cloud, driven by the digitization shift across various industries, sectors, and verticals. Adoption of cloud-based services in various industries has increased thus driving growth of the cyber security market to a significant extent. Enterprises are increasingly adopting cloud-based services as this is less expensive and does not require an IT infrastructure setup.
The latest market intelligence report on the cyber security market aims at exploring the unknown and coming up with solutions to the potential threats and challenges faced by the cyber security market for the forecast period, 2021 - 2028. The research methodologies used for evaluating the cyber security market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility.
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Key Players Profiled in the Report are:
IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet.
Key Questions Answered in the Report:
What is the growth rate of the Cyber Security market? What is the anticipated market valuation of Cyber Security industry by 2027?
What are the key growth driving and restraining factors of the Cyber Security market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Cyber Security industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Emergen Research has segmented the global cyber security market on the basis of component, solution, services, security type, deployment, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
Solution Outlook (Revenue, USD Billion; 2018–2028)
- Threat Intelligence
- Identity and Access Management
- Security and Vulnerability Management
- Risk and Compliance Management
- Others (Others include threat intelligence platforms, SIEM, and incident forensics)
- Encryption
- Data Loss Prevention
- Network DLP
- Storage/ Data Center DLP
- Endpoint DLP
- Unified Threat Management
- Firewall
- Antivirus/ Antimalware
- Intrusion Detection Systems/ Intrusion Prevention Systems
- Network-based
- Host-based
- Wireless
- Disaster Recovery
- Distributed Denial of Service
- Web Filtering
- Others (Other solutions include application whitelisting and patch management)
Services Outlook (Revenue, USD Billion; 2018–2028)
- Professional Services
- Design and Integration
- Risk and Threat Assessment
- Consulting
- Training and Education
- Support and Maintenance
- Managed Security Services
Security Type Outlook (Revenue, USD Billion; 2018–2028)
- Application Security
- Network Security
- Cloud Security
- Endpoint Security
- Others
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- Cloud
- On-Premises
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small and Medium Enterprises
- Large Enterprises
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Government and Defense
- Healthcare
- BFSI
- Energy and Utilities
- Manufacturing
- IT and Telecom
- Retail
- Others
Regional Analysis of the Cyber Security Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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