Market Overview:
The global cybersecurity market is expected to grow from USD 152.8 billion in 2018 to USD 248.2 billion by 2030, at a CAGR of 7.0% during the forecast period. The growth of the global cybersecurity market can be attributed to the increasing number of cyber-attacks and data breaches, growing adoption of cloud-based services, and increasing demand for integrated security solutions. The enterprise security segment is expected to hold the largest share of the global cybersecurity market in 2018. The growth of this segment can be attributed to the increasing adoption of cloud-based services by enterprises and rising awareness about data breaches among businesses worldwide.
Product Definition:
Cybersecurity is the practice of protecting electronic information by mitigating information security risks and vulnerabilities. The importance of cybersecurity cannot be overstated, as a breach can result in the theft or destruction of data, disrupt business operations, and expose companies to financial and legal liability.
Enterprise Security:
Enterprise security is the collection of policies and procedures that are implemented within an organization to protect its data from internal and external threats. It includes the protection of customer information, company confidential information, financial transactions, trade secret & patent files along with other critical assets. Enterprise security solutions help in providing authentication & authorization for accessing system or network resources as well as monitor access to prevent un authorized access attempts.
Endpoint Security:
Endpoint security and it’s usage in cybersecurity market is a new term that was introduced to the industry few years ago. It basically means protecting the PC or laptop connected to internet from all kinds of threats such as viruses, trojans, keyloggers, rootkits and other malware. Endpoint security also provides safety against unauthorized access to data that is being processed by computer system through various applications such as email client software along with web browser software.
Application Insights:
The application segment is bifurcated into government, BFSI, manufacturing, ICT, retail and healthcare. The government segment accounted for the largest market share in 2017 and is anticipated to maintain its lead over the forecast period. This can be attributed to increasing spending on cyber security solutions by governments across the globe. For instance, in March 2018 Germany¢â‚¬â„¢s Finance Ministry announced plans to invest around USD 250 million on cybersecurity measures for banking sector as a part of efforts to improve digital infrastructure and resilience of financial institutions.
The BFSI sector is expected register significant growth over the forecast period owing to rising data breaches that have resulted in huge monetary losses for many banks globally including Barclays Plc., Credit Suisse Group AG., UBS AG., Bank Of America Corporation among others.
Regional Analysis:
The market in North America is expected to witness significant growth over the forecast period owing to the presence of a large number of prominent players and increased adoption of advanced technologies. The region accounted for more than 35% revenue share in 2017, which can be attributed to increasing awareness among users regarding cyber threats and need for enhanced cybersecurity solutions. Moreover, government initiatives are also boosting the regional market growth. For instance, National Strategy for Critical Infrastructure (NSCI) was introduced by Department of Homeland Security (DHS) in November 2014 as a strategic framework that provides clarity and direction on how best to secure our nation's vital assets from foreign threats & vulnerabilities.
Growth Factors:
- Increasing incidences of cybercrime: The number of cyberattacks is increasing day by day. As per a study, the global cost of cybercrime will reach trillion by 2019. This is creating a huge demand for cybersecurity solutions and services.
- Proliferation of connected devices: The number of connected devices is growing exponentially and this is providing more opportunities for hackers to launch attacks. Hence, there is a need for robust cybersecurity solutions to protect these devices from being hacked.
- Growing awareness about cybersecurity threats: Cybersecurity threats are becoming more sophisticated and businesses are realizing the importance of protecting their data from such threats. This is driving the demand for cybersecurity solutions and services worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cybersecurity Market Research Report
By Type
Enterprise Security, Endpoint Security, Cloud Security, Network Security, Application Security, Others
By Application
Government, BFSI, Manufacturing, ICT, Retail, Healthcare, Others
By Companies
IBM, Symantec, Micro Focus, Check Point, Cisco, Microsoft, Juniper Networks, Oracle, Fortinet, FireEye, F5 Networks, Proofpoint, Trend Micro, Sophos, Rapid7, McAfee, Imperva, Splunk, RSA Security, AWS, Palo Alto Networks, CyberArk, Forcepoint, F-Secure, Qualys
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Cybersecurity Market Report Segments:
The global Cybersecurity market is segmented on the basis of:
Types
Enterprise Security, Endpoint Security, Cloud Security, Network Security, Application Security, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government, BFSI, Manufacturing, ICT, Retail, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Symantec
- Micro Focus
- Check Point
- Cisco
- Microsoft
- Juniper Networks
- Oracle
- Fortinet
- FireEye
- F5 Networks
- Proofpoint
- Trend Micro
- Sophos
- Rapid7
- McAfee
- Imperva
- Splunk
- RSA Security
- AWS
- Palo Alto Networks
- CyberArk
- Forcepoint
- F-Secure
- Qualys
Highlights of The Cybersecurity Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Enterprise Security
- Endpoint Security
- Cloud Security
- Network Security
- Application Security
- Others
- By Application:
- Government
- BFSI
- Manufacturing
- ICT
- Retail
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cybersecurity Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cybersecurity is the practice of protecting computer networks and systems from unauthorized access, use, or disclosure.
Some of the major players in the cybersecurity market are IBM, Symantec, Micro Focus, Check Point, Cisco, Microsoft, Juniper Networks, Oracle, Fortinet, FireEye, F5 Networks, Proofpoint, Trend Micro, Sophos, Rapid7, McAfee, Imperva, Splunk, RSA Security, AWS, Palo Alto Networks, CyberArk, Forcepoint, F-Secure, Qualys.
The cybersecurity market is expected to grow at a compound annual growth rate of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cybersecurity Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cybersecurity Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cybersecurity Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cybersecurity Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cybersecurity Market Size & Forecast, 2020-2028
4.5.1 Cybersecurity Market Size and Y-o-Y Growth
4.5.2 Cybersecurity Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Enterprise Security
5.2.2 Endpoint Security
5.2.3 Cloud Security
5.2.4 Network Security
5.2.5 Application Security
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government
6.2.2 BFSI
6.2.3 Manufacturing
6.2.4 ICT
6.2.5 Retail
6.2.6 Healthcare
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cybersecurity Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cybersecurity Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Enterprise Security
9.6.2 Endpoint Security
9.6.3 Cloud Security
9.6.4 Network Security
9.6.5 Application Security
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government
9.10.2 BFSI
9.10.3 Manufacturing
9.10.4 ICT
9.10.5 Retail
9.10.6 Healthcare
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Enterprise Security
10.6.2 Endpoint Security
10.6.3 Cloud Security
10.6.4 Network Security
10.6.5 Application Security
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government
10.10.2 BFSI
10.10.3 Manufacturing
10.10.4 ICT
10.10.5 Retail
10.10.6 Healthcare
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Enterprise Security
11.6.2 Endpoint Security
11.6.3 Cloud Security
11.6.4 Network Security
11.6.5 Application Security
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government
11.10.2 BFSI
11.10.3 Manufacturing
11.10.4 ICT
11.10.5 Retail
11.10.6 Healthcare
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Enterprise Security
12.6.2 Endpoint Security
12.6.3 Cloud Security
12.6.4 Network Security
12.6.5 Application Security
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government
12.10.2 BFSI
12.10.3 Manufacturing
12.10.4 ICT
12.10.5 Retail
12.10.6 Healthcare
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Enterprise Security
13.6.2 Endpoint Security
13.6.3 Cloud Security
13.6.4 Network Security
13.6.5 Application Security
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government
13.10.2 BFSI
13.10.3 Manufacturing
13.10.4 ICT
13.10.5 Retail
13.10.6 Healthcare
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cybersecurity Market: Competitive Dashboard
14.2 Global Cybersecurity Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Symantec
14.3.3 Micro Focus
14.3.4 Check Point
14.3.5 Cisco
14.3.6 Microsoft
14.3.7 Juniper Networks
14.3.8 Oracle
14.3.9 Fortinet
14.3.10 FireEye
14.3.11 F5 Networks
14.3.12 Proofpoint
14.3.13 Trend Micro
14.3.14 Sophos
14.3.15 Rapid7
14.3.16 McAfee
14.3.17 Imperva
14.3.18 Splunk
14.3.19 RSA Security
14.3.20 AWS
14.3.21 Palo Alto Networks
14.3.22 CyberArk
14.3.23 Forcepoint
14.3.24 F-Secure
14.3.25 Qualys
