Global Cyber Security Market Forecast 2023-2032

Global Cyber Security Market Forecast 2023-2032


KEY FINDINGS

The global cyber security market is projected to register a CAGR of 9.82% during the forecast period, 2023-2032. The escalating geopolitical tensions and state-sponsored cyberattacks, the surging digital transformation across industries, compliance with stringent data protection regulations, and the growing sophistication of cyberattacks.

MARKET INSIGHTS

Cyber threats and attacks, including data breaches, ransomware, and phishing, have become more sophisticated, compelling organizations to invest in robust cybersecurity solutions. The proliferation of cyber threats, especially in the wake of the COVID-19 pandemic, has driven organizations to focus on strengthening their cybersecurity posture. New threats continue to emerge, necessitating advanced security measures. Also, as organizations migrate their operations and data to the cloud, the demand for cloud security solutions and services has surged. Protecting data in virtual environments is now a top priority.

The ongoing digital transformation in numerous industries has become a major driver for the expansion of the cybersecurity sector in Europe. As businesses progressively integrate digital technologies to streamline operations, boost efficiency, and elevate customer experiences, the potential targets for cybercriminals have notably broadened. This progression has heightened the need for strong cybersecurity measures and solutions.

REGIONAL INSIGHTS

The global cyber security market growth assessment includes the geographical analysis of North America, Europe, Asia-Pacific, and Rest of World. Asia-Pacific is the fastest-growing region in the global market, accredited to strict regulatory frameworks and the increasing awareness of the importance of cybersecurity.

COMPETITIVE INSIGHTS

Competition in the sector is fueled by elements like ongoing technological progress, pricing tactics, the quality and effectiveness of cybersecurity services, and the capacity to respond to emerging threats. Some of the leading firms in the market are Palo Alto Networks Inc, Fortinet Inc, International Business Machines Corporation, MacAfee LLC, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Crisis Scenario Analysis
2.4.1. Impact Of Covid-19 On Cyber Security Market
2.5. Major Market Findings
2.5.1. The Zero Trust Model, Which Assumes That Threats May Already Exist Inside The Network, Is Gaining Traction
2.5.2. Shift To Remote Work Has Increased The Attack Surface
2.5.3. Companies Specializing In Threat Detection, Incident Response, And Threat Intelligence Services Are Poised For Growth
2.5.4. Ai-driven Cybersecurity Solutions, Including Behavior Analytics And Threat Intelligence, Are Expanding
3. Market Dynamics
3.1. Key Drivers
3.1.1. Rising Frequency And Sophistication Of Cyberattacks
3.1.2. Compliance With Stringent Data Protection Regulations
3.1.3. Expanding Attack Surface Due To Ongoing Digital Transformation Across Various Industries
3.1.4. Geopolitical Tensions And State-sponsored Cyberattacks Underscore Cyber Security Efforts’ Importance
3.2. Key Restraints
3.2.1. Shortage Of Skilled Cyber Security Professionals
3.2.2. Small And Medium-sized Enterprises (Smes) And Public Institutions May Have Limited Budgets For Cyber Security Investments
3.2.3. Cyber Threats Are Constantly Evolving, With Attackers Developing New Tactics And Techniques
4. Key Analytics
4.1. Key Market Trends
4.1.1. Thriving Cyber Security Start-up Ecosystem With Cutting-edge Solutions
4.1.2. New Vulnerabilities Due To The Growing Internet Of Things (Iot)
4.1.3. Increasing Need For Cloud Security Solutions Due To Data And Application Migration To The Cloud
4.1.4. Rising Digital Payment Methods And Online Financial Services
4.2. Porter’s Five Forces Analysis
4.2.1. Buyers Power
4.2.2. Suppliers Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Growth Prospect Mapping
4.3.1. Growth Prospect Mapping For United States
4.3.2. Growth Prospect Mapping For Belgium
4.3.3. Growth Prospect Mapping For India
4.3.4. Growth Prospect Mapping For Middle East
4.4. Market Maturity Analysis
4.5. Market Concentration Analysis
4.6. Value Chain Analysis
5. Market By Component
5.1. Hardware
5.2. Software
5.3. Service
5.3.1. Professional Services
5.3.2. Managed Services
6. Market By Solution
6.1. Unified Threat Management
6.2. Ids/Ips
6.3. Dlp
6.4. Iam
6.5. Siem
6.6. Ddos
6.7. Risk & Compliance
6.8. Other Solutions
7. Market By Security Type
7.1. Endpoint Security
7.2. Cloud Security
7.3. Network Security
7.4. Application Security
7.5. Infrastructure Protection
7.6. Data Security
7.7. Other Security Types
8. Market By Deployment
8.1. Cloud-based
8.2. On-premises
9. Market By Organization Size
9.1. Large Enterprises
9.2. Medium Enterprises
9.3. Small Enterprises
10. Market By Industry Vertical
10.1. It & Telecom
10.2. Retail
10.3. Bfsi
10.4. Healthcare
10.5. Government
10.6. Manufacturing
10.7. Energy
10.8. Defense
10.9. Other Industry Verticals
11. Geographical Analysis
11.1. North America
11.1.1. Market Size & Estimates
11.1.2. North America Cyber Security Market Drivers
11.1.3. North America Cyber Security Market Challenges
11.1.4. North America Cyber Security Market Regulatory Framework
11.1.5. Key Players In North America Cyber Security Market
11.1.6. Country Analysis
11.1.6.1. United States
11.1.6.1.1. United States Cyber Security Market Size & Opportunities
11.1.6.2. Canada
11.1.6.2.1. Canada Cyber Security Market Size & Opportunities
11.2. Europe
11.2.1. Market Size & Estimates
11.2.2. Europe Cyber Security Market Drivers
11.2.3. Europe Cyber Security Market Challenges
11.2.4. Europe Cyber Security Market Regulatory Framework
11.2.5. Key Players In Europe Cyber Security Market
11.2.6. Country Analysis
11.2.6.1. United Kingdom
11.2.6.1.1. United Kingdom Cyber Security Market Size & Opportunities
11.2.6.2. Germany
11.2.6.2.1. Germany Cyber Security Market Size & Opportunities
11.2.6.3. France
11.2.6.3.1. France Cyber Security Market Size & Opportunities
11.2.6.4. Italy
11.2.6.4.1. Italy Cyber Security Market Size & Opportunities
11.2.6.5. Spain
11.2.6.5.1. Spain Cyber Security Market Size & Opportunities
11.2.6.6. Belgium
11.2.6.6.1. Belgium Cyber Security Market Size & Opportunities
11.2.6.7. Netherlands
11.2.6.7.1. Netherlands Ecommerce Market Size & Opportunities
11.2.6.8. Rest Of Europe
11.2.6.8.1. Rest Of Europe Cyber Security Market Size & Opportunities
11.3. Asia-pacific
11.3.1. Market Size & Estimates
11.3.2. Asia-pacific Cyber Security Market Drivers
11.3.3. Asia-pacific Cyber Security Market Challenges
11.3.4. Asia-pacific Cyber Security Market Regulatory Framework
11.3.5. Key Players In Asia-pacific Cyber Security Market
11.3.6. Country Analysis
11.3.6.1. China
11.3.6.1.1. China Cyber Security Market Size & Opportunities
11.3.6.2. Japan
11.3.6.2.1. Japan Cyber Security Market Size & Opportunities
11.3.6.3. India
11.3.6.3.1. India Cyber Security Market Size & Opportunities
11.3.6.4. South Korea
11.3.6.4.1. South Korea Cyber Security Market Size & Opportunities
11.3.6.5. Indonesia
11.3.6.5.1. Indonesia Cyber Security Market Size & Opportunities
11.3.6.6. Thailand
11.3.6.6.1. Thailand Cyber Security Market Size & Opportunities
11.3.6.7. Vietnam
11.3.6.7.1. Vietnam Cyber Security Market Size & Opportunities
11.3.6.8. Australia & New Zealand
11.3.6.8.1. Australia & New Zealand Cyber Security Market Size & Opportunities
11.3.6.9. Rest Of Asia-pacific
11.3.6.9.1. Rest Of Asia-pacific Cyber Security Market Size & Opportunities
11.4. Rest Of World
11.4.1. Market Size & Estimates
11.4.2. Rest Of World Cyber Security Market Drivers
11.4.3. Rest Of World Cyber Security Market Challenges
11.4.4. Rest Of World Cyber Security Market Regulatory Framework
11.4.5. Key Players In Rest Of World Cyber Security Market
11.4.6. Regional Analysis
11.4.6.1. Latin America
11.4.6.1.1. Latin America Cyber Security Market Size & Opportunities
11.4.6.2. Middle East & Africa
11.4.6.2.1. Middle East & Africa Cyber Security Market Size & Opportunities
12. Competitive Landscape
12.1. Key Strategic Developments
12.1.1. Mergers & Acquisitions
12.1.2. Product Launches & Developments
12.1.3. Partnerships & Agreements
12.2. Company Profiles
12.2.1. Bae Systems Plc
12.2.1.1. Company Overview
12.2.1.2. Product List
12.2.1.3. Strengths & Challenges
12.2.2. Broadcom Inc
12.2.2.1. Company Overview
12.2.2.2. Product List
12.2.2.3. Strengths & Challenges
12.2.3. Check Point Software Technology Ltd
12.2.3.1. Company Overview
12.2.3.2. Product List
12.2.3.3. Strengths & Challenges
12.2.4. Cisco Systems Inc
12.2.4.1. Company Overview
12.2.4.2. Product List
12.2.4.3. Strengths & Challenges
12.2.5. Fortinet Inc
12.2.5.1. Company Overview
12.2.5.2. Product List
12.2.5.3. Strengths & Challenges
12.2.6. International Business Machines Corporation
12.2.6.1. Company Overview
12.2.6.2. Product List
12.2.6.3. Strengths & Challenges
12.2.7. Lockheed Martin Corporation
12.2.7.1. Company Overview
12.2.7.2. Product List
12.2.7.3. Strengths & Challenges
12.2.8. Logrhythm Inc
12.2.8.1. Company Overview
12.2.8.2. Product List
12.2.8.3. Strengths & Challenges
12.2.9. Mcafee Llc
12.2.9.1. Company Overview
12.2.9.2. Product List
12.2.9.3. Strengths & Challenges
12.2.10. Palo Alto Networks Inc
12.2.10.1. Company Overview
12.2.10.2. Product List
12.2.10.3. Strengths & Challenges
12.2.11. Proofpoint Inc
12.2.11.1. Company Overview
12.2.11.2. Product List
12.2.11.3. Strengths & Challenges
12.2.12. Sophos Technologies Pvt Ltd
12.2.12.1. Company Overview
12.2.12.2. Product List
12.2.12.3. Strengths & Challenges
12.2.13. Trellix
12.2.13.1. Company Overview
12.2.13.2. Product List
12.2.13.3. Strengths & Challenges
12.2.14. Trend Micro Inc
12.2.14.1. Company Overview
12.2.14.2. Product List
12.2.14.3. Strengths & Challenges

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