Global Cybersecurity Market By Component (Solution and Service), Solution (Threat Intelligence and Encryption, Data Loss Prevention, Unified Threat Management, Firewall, Antivirus, Intrusion, Disaster Recovery, Distributed Denial of Service Mitigation, Web Filtering), Services (Professional and Managed Security Services), Security Type (Network Security, Endpoint Security, Application Security, Cloud Security and Others), Deployment Type (On-Premises and Cloud), Organization Size (SMEs and Large Enterprise), Vertical (BFSI, Government and Defense, Energy and Utilities, Healthcare, IT and Telecom, Manufacturing, Retail and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Cybersecurity Market
Cybersecurity market is expected to grow at a CAGR of 11.8% in the forecast period of 2020 to 2027. Data Bridge Market Research report on cybersecurity market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Cyber security refers to the body of technologies, processes, and practices created to protect networks, computers, programs, and data from unauthorized attacks, harm, or access. Cyber security can also be called security in the field of information technology.
The factors driving the cybersecurity market are an increase in the incidence of cyber threats, the advent of disruptive emerging technologies and stringent data protection regulations for information security. Limited security budget among small and medium-sized enterprises and the use of pirated and open source cybersecurity solutions are factors which restrict the cybersecurity market. The use of artificial intelligence, machine learning and cyber protection blockchain technology serve as opportunities for the cybersecurity sector. One of the problems facing the cybersecurity industry is the Dearth of cybersecurity resources for effective strategic planning.
This cybersecurity market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cybersecurity market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cybersecurity Market Scope and Market Size
Cybersecurity market is segmented on the basis of component, services, security type, deployment, organization size, and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the cybersecurity market is segmented into solution and service.
- Based on solution, the cybersecurity market is segmented into threat intelligence and encryption, data loss prevention, unified threat management, firewall, antivirus, intrusion detection systems, disaster recovery, distributed denial of service mitigation, web filtering. Threat intelligence is sub-segmented into identity and access management, security and vulnerability management, risk and compliance management and others. Data loss prevention is sub-segmented into network Dlp, Storage Dlp and endpoint Dlp. Intrusion detection systems is sub-segmented into network-based, host-based and wireless.
- Based on service, cybersecurity market is segmented into professional and managed security services. Professional services are sub-segmented into design and integration, risk and threat assessment, consulting, training and education and support and maintenance.
- Based on security type, cybersecurity market is segmented into network security, endpoint security, application security, cloud security and others.
- Based on deployment, cybersecurity market is segmented into on-premises and cloud.
- Based on organization size, cybersecurity market is segmented into SMEs and large enterprises.
- Based on vertical, cybersecurity market is segmented into BFSI, government and defense, energy and utilities, healthcare, IT and telecom, manufacturing, retail and others.
Cybersecurity Market Country Level Analysis
Cybersecurity market is analysed and market size, volume information is provided by country, component, services, security type, deployment, organization size, and vertical as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is expected to hold the largest market share during the forecast period which is being followed by Europe region. Asia-Pacific is also expected to dominate the cybersecurity market because of the technological advancement, rapid economic development, cloud-based solutions and various other factors.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cybersecurity Market Share Analysis
Cybersecurity market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cybersecurity market.
The major players covered in the cybersecurity market report are IBM Corporation, Check Point, Cisco, CyberArk, F5 Networks, FireEye, Forcepoint, Fortinet, Amazon Web Services, Oracle, Palo Alto Networks, Imperva, Qualys, Accenture, HCL Technologies Ltd., Capgemini, Cognizant, Symantec Corporation, Tata Consultancy Services, Wipro Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.