Global Enterprise Cyber Security Market Growth (Status and Outlook) 2023-2029

Global Enterprise Cyber Security Market Growth (Status and Outlook) 2023-2029

Cyber Security is the body of technologies, processes and practices designed to protect networks, computers, programs and data from major cyber threats, such as cyber terrorism, cyber warfare, and cyber espionage. In their most disruptive form, cyber threats take aim at secret, political, military, or infrastructural assets of a nation, or its people. In a computing context, security includes both Cyber Security and physical security.

Cyber Terrorism

Cyber terrorism is the disruptive use of information technology by terrorist groups to further their ideological or political agenda. This takes the form of attacks on networks, computer systems, and telecommunication infrastructures.

Cyber Warfare

Cyber warfare involves nation-states using information technology to penetrate another nation’s networks to cause damage or disruption. In the US and many other nation-states, cyber warfare has been acknowledged as the fifth domain of warfare (following land, sea, air, and space). Cyber warfare attacks are primarily executed by hackers who are well trained in exploiting the intricacies of computer networks and operate under the auspices and support of the nation-states. Rather than “shutting down” a target’s key networks, a cyber-warfare attack may intrude networks for the purpose of compromising valuable data, degrading communications, impairing infrastructural services such as transportation and medical services, or interrupting commerce.

Cyber Espionage

Cyber espionage is the practice of using information technology to obtain secret information without permission from its owners or holders. Cyber espionage is most often used to gain strategic, economic, political, or military advantage. It is conducted through the use of cracking techniques and malware.

With cyber threats in a state of rapid and continuous evolution, keeping pace in cyber security strategy and operations is a major challenge to governments. Cyber security is a serious concern to private enterprise as well, given the threat to intellectual property and privately-held critical infrastructure.

LPI (LP Information)' newest research report, the “Enterprise Cyber Security Industry Forecast” looks at past sales and reviews total world Enterprise Cyber Security sales in 2022, providing a comprehensive analysis by region and market sector of projected Enterprise Cyber Security sales for 2023 through 2029. With Enterprise Cyber Security sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Enterprise Cyber Security industry.

This Insight Report provides a comprehensive analysis of the global Enterprise Cyber Security 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 Enterprise Cyber Security portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Enterprise Cyber Security market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enterprise Cyber Security 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 Enterprise Cyber Security.

The global Enterprise Cyber Security market size is projected to grow from US$ 54030 million in 2022 to US$ 98100 million in 2029; it is expected to grow at a CAGR of 8.9% from 2023 to 2029.

In the Chinese market, the major manufacturers include Venustech, Westone, H3C, Huawei, Topsec, Nsfocus, Sangfor, 360 Enterprise Security, Symantec Corporation, Asiainfo and DBAPP Security, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Enterprise Cyber Security market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Security Software

Security Hardware

Security Services

Segmentation by application

Government

Education

Enterprise

Financial

Medical

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.

Venustech

Westone

H3C

Huawei

Topsec

Nsfocus

Sangfor

360 Enterprise Security

Symantec Corporation

Asiainfo

DBAPP Security

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