Market Overview:
The global cybersecurity services market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing number of cyber-attacks and data breaches, and the need for compliance with government regulations. The global cybersecurity services market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into enterprise security, endpoint security, cloud security, network security, application security,, and others. The enterprise security segment accounted for a major share in 2017 owing to its growing demand from large enterprises across different industries. By application,, government sector accounted for a major share in 2017 due to rising concerns about data privacy and protection among governments worldwide. However,.
Product Definition:
Cybersecurity services are the measures and activities that organizations put in place to protect their computer networks and user data from unauthorized access or theft. These services can include things like firewalls, anti-virus software, password protection schemes, and employee training programs. The importance of cybersecurity services cannot be overstated; without them, organizations are vulnerable to attacks that could result in the loss of sensitive information or even financial ruin.
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 critical information such as financial transactions, customer data, intellectual property, trade secretes as well as compliance with government regulations.
Endpoint Security:
Endpoint security and it's usage in cybersecurity services market is a combination of hardware, software, and services that are used to secure endpoint devices such as laptops, smartphones, tablets PCs. Endpoint security also provides protection against data breaches and identity theft at the device level. It helps in providing safety by monitoring activities occurring on the user’s device.
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 cybersecurity services by various governments across the world as a result of growing concerns regarding data breaches and cyber-attacks that could potentially lead to identity theft or other financial losses.
The BFSI sector is expected to emerge as one of the fastest-growing segments over the forecast period owing to factors such as an increase in number of attacks on banks resulting in loss of sensitive data which needs protection at source level. Furthermore, rising adoption of cloud computing has led businesses/banks towards adopting online banking which subsequently leads them towards investing more money for cybersecurity solutions that are robust enough against online threats.
Regional Analysis:
North America dominated the market in 2017, with a revenue share of over 35.0%. The growth can be attributed to the presence of prominent players such as FireEye Inc.; Trend Micro Inc.; and Cisco Systems, Inc. Moreover, increasing cyberattacks have propelled companies in North America to adopt advanced security solutions thereby driving regional demand.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising adoption of cloud-based cybersecurity services by small & medium enterprises (SMEs). Furthermore, government initiatives encouraging digitalization are also anticipated to contribute towards regional market growth. For instance, Digital India program aims at providing internet access and e-learning facilities through mobile phones for people living below poverty line thus contributing towards increased penetration of smartphones which will subsequently drive demand for cybersecurity solutions across Asia Pacific region.
Growth Factors:
- Increasing incidences of cyber-attacks and data breaches across industries
- Proliferation of connected devices and the Internet of Things (IoT)
- Growing demand for cloud-based security solutions
- Stringent government regulations and compliance requirements
- Rising awareness about the importance of cybersecurity among businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Cybersecurity Services 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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Cybersecurity Services Market Report Segments:
The global Cybersecurity Services 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 Services 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 Services 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.
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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 services are a set of measures and technologies used to protect computer networks and data from unauthorized access, use, or disclosure.
Some of the key players operating in the cybersecurity services 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.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cybersecurity Services 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 Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cybersecurity Services 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 Services 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 Services Market Size & Forecast, 2018-2028
4.5.1 Cybersecurity Services Market Size and Y-o-Y Growth
4.5.2 Cybersecurity Services Market Absolute $ Opportunity
Chapter 5 Global Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services 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 Services 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 Services 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 Cybersecurity Services Analysis and Forecast
9.1 Introduction
9.2 North America Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services Analysis and Forecast
10.1 Introduction
10.2 Europe Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Cybersecurity Services 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 Cybersecurity Services 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 Cybersecurity Services 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) Cybersecurity Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cybersecurity Services 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) Cybersecurity Services 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) Cybersecurity Services 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 Services Market: Competitive Dashboard
14.2 Global Cybersecurity Services 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
