Global Cybersecurity Market Growth (Status and Outlook) 2023-2029

Global Cybersecurity Market Growth (Status and Outlook) 2023-2029

Cybersecurity is the practice of protecting critical systems and sensitive information from digital attacks. Also known as information technology (IT) security, cybersecurity measures are designed to combat threats against networked systems and applications, whether those threats originate from inside or outside of an organization.
LPI (LP Information)' newest research report, the “Cybersecurity Industry Forecast” looks at past sales and reviews total world Cybersecurity sales in 2022, providing a comprehensive analysis by region and market sector of projected Cybersecurity sales for 2023 through 2029. With Cybersecurity sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cybersecurity industry.
This Insight Report provides a comprehensive analysis of the global Cybersecurity landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cybersecurity portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cybersecurity market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cybersecurity and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cybersecurity.
The global Cybersecurity market size is projected to grow from US$ 133650 million in 2022 to US$ 262180 million in 2029; it is expected to grow at a CAGR of 10.1% from 2023 to 2029.
Global core cybersecurity manufacturers include Cisco, Palo Alto networks, Fortinet etc.The top 5 companies hold a share about 10%.North America is the largest market, with a share about 45%, followed by Europe and Asia Pacific with the share about 25% and 23%.In terms of product, service is the largest segment, with a share over 45%. And in terms of application, the largest application is BFSI, followed by healthcare.
This report presents a comprehensive overview, market shares, and growth opportunities of Cybersecurity market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Service
Segmentation by application
BFSI
IT & Telecom
Retail
Healthcare
Government
Manufacturing
Energy
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Palo Alto Networks
Cisco
IBM
Fortinet
Check Point
McAfee
Trend Micro
Broadcom (Symantec)
RSA Security
QI-ANXIN
Venustech
Sangfor Technologies
CyberArk
TOPSEC
Rapid7
NSFOCUS
DAS-security
Asiainfo Security
Hillstone Networks
Dptech

Please note: The report will take approximately 2 business days to prepare and deliver.