Global Cybersecurity Market
Global cybersecurity market is expected to reach USD 385.18 billion by 2031 from USD 187.03 billion in 2023, growing at a CAGR of 9.5% during the forecast period of 2024 to 2031.
Market Segmentation: Global Cybersecurity Market, By Components (Service and Solutions/Software), Application (Identity & Access Management, Data Security & Privacy Service Offering, Governance Risk & Compliance, Unified Vulnerability Management Service Offering, and Others), Type of Threat (Malware, Distributed Denial-of-Service Attacks (DDOS), Man-in-the-Middle (MITM) Attacks, Zero-Day Exploits, Denial-of-Service (DOS), and Others), Security Type (Infrastructure Security, Network Security, Application Security, Cloud Security, End Point Security, and Others), Deployment Model (Cloud and On Premises), Enterprise Size (Large Enterprise and SMES), Verticals (IT, Telecom, BFSI, Manufacturing, Automotive, Retail, Healthcare, Energy & Utilities, Public Sector, and Others), Countries (Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium, Turkey, Denmark, Norway, Finland, Rest of Europe, China, Japan, India, South Korea, Australia, Indonesia, Malaysia, Thailand, Taiwan, Vietnam, Singapore, New Zealand, Philippines, Rest of Asia-Pacific, U.S., Canada, Mexico, Israel, U.A.E., Saudi Arabia, South Africa, Egypt, Qatar, Bahrain, Kuwait, Oman, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America)- Industry Trends and Forecast to 2031
Overview of Global Cybersecurity Market Dynamics:Driver
• Escalating frequency of cyberattacks
Restrain
• Lack of skilled cybersecurity professional
Opportunity
• Leveraging advanced analytics for proactive threat management
Market Players:The key market players operating in the global cybersecurity market are listed below:• IBM
• Cisco Systems, Inc.
• Check Point Software Technologies Ltd.
• FireEye, Inc.
• Trend Micro Incorporated
• Gen Digital Inc.
• Rapid7
• Open Text
• Microsoft
• Amazon.com, Inc.
• Oracle
• Fortinet, Inc.
• Palo Alto Networks.
• Accenture
• McAfee, LLC
• RSA Security LLC
• Forcepoint
• Sophos Ltd
• Imperva
• Proofpoint
• Juniper Networks, Inc.
• Splunk Inc
• SonicWall
• CyberArk Software Ltd.
• F-Secure
• Qualys, Inc
• AlgoSec
• SentinelOne
• DataVisor, Inc.
• RevBits
• WiJungle
• Comcast
• Aristi Cybertech Private Limited
• SECURDEN
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