Cyber Security Market Industry Statistics & Trends

MarketsandMarkets™

Cyber Security Market Industry Statistics & Trends

MarketsandMarkets forecasts the global cyber security market size is expected to grow from an estimated value of USD 173.5 billion in 2022 to 266.2 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 8.9% from 2022 to 2027. Increment in target-based cyberattacks that causes operational disruptions, Cybersecurity Mesh Architecture (CSMA) approaches becoming more popular, and the rising demand for cyber-savvy boards are some factors driving the cyber security market growth.

What is Cybersecurity?

MarketsandMarkets defines cyber security, as a set of technologies, processes, and practices to fortify critical systems such as networks, physical devices, programs, information from unauthorized access, insider threats, and malicious attacks. These cyberattacks can affect the data transmission across the networks, cause operational disruptions, and result in money extortion/ransomware.

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Competitive overview:

The cyber security market is led by some of the globally established players such as IBM, Cisco, Check Point, Trellix, Trend Micro and others. These players have adopted various growth strategies such as partnerships, agreements, collaboration, acquisitions, and product developments to increase their market presence.

IBM is a computer, technology, and IT consulting corporation. The company offers cyber security solutions, including IAM, cloud security, application security, network projection, intelligence and operations, data protection, and endpoint security. It also offers cyber security services, including data security services, security intelligence and operations, consulting, secure engineering and application security, and security strategy risk and compliance. IBM’s security division offers next-generation security threat intelligence solutions and services in the cybersecurity market. The company offers its services to various industries including supply chain, financial services, automotive, real estate, food safety, identity, and international trade. It has a global reach in North America, Europe, Middle East and Africa, Asia Pacific, and Latin America.

Apart from large vendors, some SMEs, and start-ups such as DataVisor, RevBits, WiJungle, BluVector, Aristi Labs, Imperva, Securden, Algosec, Cynet, and Nozomi Networks are also evolving in the cyber security market. The primary goals of RevBits cyber security are the creation of cutting-edge security software and unmatched cyber incident services. It offers cyber security products and services dedicated to producing cutting-edge security software and unequaled cyber incident services. The company’s software solutions protect organizations in the following areas: endpoint security, next-generation anti-phish and privileged access management. All solutions may be managed through a unified dashboard interface, the RevBits Cyber Intelligence Platform. This single sign-on environment allows administrators to customize their management dashboard and delivers cross-platform alert notifications.

According to MnM’s market evaluation framework, most companies opt for inorganic growth strategies to maintain their position in the market. The number of deals increased by around 50-60% relatively in the period 2020-2021. These deals collectively include partnerships, acquisitions, collaborations, and alliances. Due to the COVID-19 outbreak, there was a sudden decline in product launches and business expansion activities. However, from 2021 onwards, companies are expected to follow organic growth strategies to provide cyber security solutions and services to end users, which, on the other hand, would help companies in increasing their market revenue.

Related Reports:

Cyber Security Market by Component (Software, Hardware, and Services), Software (IAM, Encryption and Tokenization, and Other Software), Security Type, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2027

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Cyber Security Market Competitive Analysis, Segmentation and Opportunity Assessment; 2027

harshtech 2022-03-09

Therefore, the rise in concern of the IT and business professionals to safeguard their sensitive data and information is largely driving the Cyber Security Market. com/sample_request/875In the coming years, the Cyber Security Market is expected to reach a CAGR of 10. The security type segment consists of various securities such as Network Security, Endpoint Security, Application Security, Cloud Security, and Others. Regional AnalysisAccording to the global, regional report, the Cyber Security Market growth was noticed in top continents worldwide such as North America, Europe, Asia Pacific, the Middle East, and Africa. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited)99 Hudson Street, 5Th FloorNew York, NY 10013United States of America+1 628 258 0071 (US)+44 2035 002 764 (UK)Email: sales@marketresearchfuture.

A Detailed Analysis Report for 2022–2030 on Demand and Growth Opportunities in the Global Cyber Security Market

Research Industry 2022-09-10

The Global Cyber Security Market published by VynZ Research provides study on product scope, market overview, market prospects, industry growths and market restraints and challenges. The Global Cyber Security Market studies global, regional, and country-level market sizes, market segmentation, industry share, competitive dynamics, sales forecasts, implications of international and domestic market players, value chain optimization, trade regulations, latest developments, opportunities analysis, business strategy growth analysis, product launches, geographical expansion, and technological breakthroughs. The Global Cyber Security Market is projected to reach USD 323. The influence on manufacturing activities, production, demand, supply chain and logistics management, and distribution networks is detailed in this research report. Some of the questions that will be included in the report:- What is market size of the report on the basis of value and volume?

Growing Importance Of Cyber Security Drives Global Market Growth

Ashish Thapa 2023-10-18

With the rising frequency and complexity of cyber threats, organizations across various sectors are investing in advanced cyber security solutions to safeguard their digital assets. This is expected to drive the growth of the global cyber security market in the coming years. Additionally, cloud security solutions enable efficient management of security policies and compliance requirements across multiple cloud environments. Segment Analysis:In the global cyber security market, the segments can be categorized based on type, deployment mode, end-users, and region. In terms of regional analysis, North America is currently the dominating region in the global cyber security market.

Cyber Security Market Extrapolated to Reach $266.2 billion USD by 2027

marketsandmarkets 2022-08-29

Browse 562 market data Tables and 58 Figures spread through 494 Pages and in-depth TOC on "Cyber Security Market - Global Forecast to 2027"Download PDF Brochure : https://www. As this delivery method satisfies IT security requirements, demand for cloud-based cyber security solutions is rising quickly. Large corporations and SMEs are switching from conventional on-premises cyber security solutions to cloud-based ones as more cloud-deployed applications. Many firms prioritize network security above application security, which leaves them vulnerable to attacks and creates a security gap. Due to the region’s expanding threat landscape, there are more expenditures being made on cyber security solutions.

Global Cyber Security Market Research Report 2022-2028

prachiti sharma 2022-11-03

Bharat Book Bureau Provides the Trending Market Research Report on “Global Cyber Security Market 2022-2028” under Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports. The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global cyber security market. The global market for cyber security can be segmented by type: application security, cloud security, content security, end-point security, network security, wireless security. The network security segment is estimated to account for the largest share of the global cyber security market.

Rising focus on cyber security to boost the growth of the global Defense Cyber Security Market

Gauri Cmi 2023-12-07

The global Defense Cyber Security Market is estimated to be valued at US$ 21. These solutions help detect cyber threats early on, protect crucial data and systems and ensure seamless communication between defense organizations Market key trends: The rising number of sophisticated cyber threats targeting critical defense infrastructure is a key driver of growth in the defense cyber security market. Porter’s Analysis Threat of new entrants: The Global Defense Cyber Security Market Growth requires huge capital investment and has extensive regulatory requirements which pose significant barriers for new entrants. Competitive rivalry: The competition is intense among the key players in the defense cyber security market due to their global presence and extensive product portfolios. North America dominates the defense cyber security market and is expected to continue its dominance over the forecast period owing to heavy investments in cyber security by the US government.

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