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GLOBAL CYBER SECURITY MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Global Cyber Security Market by Component (Hardware, Software, Service) Market by Solution (Unified Threat Management, IDs/IPs, DLP, LAM, SIEM, DDOS, Risk & Compliance, Other Solutions) Market by Security Type (Endpoint Security, Cloud Security, Network Security, Application Security, Infrastructure Protection, Data Security, Other Security Types) Market by Deployment (Cloud-based, on-premises) Market by Organization Size (Large Enterprises, Medium Enterprises, Small Enterprises) Market by Industry Vertical (IT & Telecom, Retail, BFSI, Healthcare, Government, Manufacturing, Energy, Defense, Other Industry Verticals) By Geography


MARKET OVERVIEW

The global cyber security market was valued at $20540.78 million in 2022 and is expected to reach $52761.19 million by 2032, growing at a CAGR of 9.82% during the forecast period, 2023-2032.

Cybersecurity encompasses a wide range of practices and technologies aimed at defending digital assets, including computers, networks, and data, from a multitude of threats, such as cyberattacks, data breaches, and malware. Its significance lies in the growing reliance on digital technology across various sectors. As such, the protection of sensitive data and critical infrastructure is vital to ensure privacy and maintain the integrity of digital systems.

Further, the relevance of cybersecurity is not limited to a specific sector but spans across various industries. Finance, healthcare, retail, government, manufacturing, etc., rely on cybersecurity to safeguard financial transactions, personal health records, customer data, intellectual property, and national security, among other critical assets.

Cybersecurity Market

Read our latest blog on the Cybersecurity Market

GROWTH ENABLERS

Key growth enablers of the global cyber security market are:

  • Rising frequency and sophistication of cyberattacks
  • Compliance with stringent data protection regulations
  • Expanding attack surface due to ongoing digital transformation across various industries 
  • Geopolitical tensions and state-sponsored cyberattacks underscore cyber security efforts’ importance
    • The growth of the cyber security market has been significantly influenced by the escalating geopolitical tensions and the rise of state-sponsored cyberattacks. In recent years, several countries have witnessed a surge in cyber incidents from state-sponsored actors. 
    • These events have underscored the critical importance of cyber security efforts and have prompted governments, organizations, and individuals to take proactive steps to defend against cyber threats.
    • For instance, in Europe, one notable example of state-sponsored cyberattacks is the cyber espionage campaign known as ‘APT28’ or ‘Fancy Bear.’ This cyber espionage group, believed to have ties to the Russian government, has been linked to high-profile cyberattacks targeting European governments, military institutions, and political organizations.

GROWTH RESTRAINTS

Key factors restraining the global cyber security market growth are:

  • Shortage of skilled cyber security professionals
  • Small and medium-sized enterprises (SMEs) and public institutions may have limited budgets for cyber security investments
    • SMEs form a significant part of the business landscape and they are often targeted by cybercriminals seeking to exploit vulnerabilities in their security defenses. 
    • However, SMEs may have limited IT budgets compared to larger enterprises, making investing in comprehensive cyber security solutions challenging. 
    • For instance, a small e-commerce business may struggle to implement advanced threat detection systems, secure cloud services, or hire dedicated cyber security professionals. This financial limitation can result in SMEs being more vulnerable to cyberattacks, including ransomware, data breaches, and phishing campaigns.
  • Cyber threats are constantly evolving, with attackers developing new tactics and techniques

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KEY MARKET TRENDS

Global Cyber Security Market | Key Market Trends

  • The growth of IoT devices and systems has enabled unprecedented connectivity and automation, revolutionizing various industries such as healthcare, manufacturing, transportation, and smart cities. However, this surge in IoT adoption has simultaneously expanded the attack surface for cyber threats, presenting a range of security concerns that organizations must address.
  • Organizations are rapidly adopting cloud computing to benefit from its scalability, flexibility, and cost-efficiency. However, this migration has introduced new security challenges and vulnerabilities, necessitating robust cloud security measures.
  • Adopting digital payment methods such as mobile wallets, contactless payments, and peer-to-peer (P2P) payment platforms has seen substantial growth. Consumers increasingly use smartphones and other connected devices to make payments, transfer funds, and manage their finances. This shift has created many opportunities for cybercriminals to target financial institutions, individual users, and the digital payment infrastructure.

MARKET SEGMENTATION

Market Segmentation – Component, Solution, Security Type, Deployment, Organization Size, and Industry Vertical –

Market by Component:

  • Hardware
  • Software
  • Service
    • Professional Services
    • Managed Services

Market by Solution:

  • Unified Threat Management
  • IDS/IPS
  • DLP
  • IAM
  • SIEM
  • DDOS
  • Risk & Compliance
  • Other Solutions

Market by Security Type:

  • Endpoint Security
  • Cloud Security
    • Cloud security is the fastest-growing security type. 
    • Cloud security, or cloud cyber security, refers to the practices, technologies, and policies implemented to protect data, applications, services, and infrastructure in cloud computing environments. As more organizations migrate their data and applications to the cloud, ensuring the security of these assets becomes a paramount concern. 
    • Cloud providers like AWS, Azure, and Google Cloud typically operate on a shared responsibility model. This means that while the cloud provider is responsible for the security of the cloud infrastructure, customers are responsible for securing their data and applications in the cloud. 
    • Understanding this division of responsibilities is crucial for effective cloud security. Encrypting data both in transit and at rest is fundamental to cloud security. Transport Layer Security (TLS) or Secure Sockets Layer (SSL) protocols are used to secure data in transit, while encryption keys and access controls are used to protect data at rest.
  • Network Security
  • Application Security
  • Infrastructure Protection
  • Data Security
  • Other Security Types

Market by Deployment:

  • Cloud-Based
  • On-Premises

Market by Organization Size:

  • Large Enterprises
  • Medium Enterprises
  • Small Enterprises

Market by Industry Vertical:

  • IT & Telecom
  • Retail
  • BFSI
  • Healthcare
    • Healthcare is among the largest revenue-generating industry verticals in the market.
    • In healthcare, cyber security serves as the bedrock of ensuring patient privacy, data integrity, and the seamless functioning of medical systems. The sector relies on the secure management of vast amounts of patient information and the continuous operation of medical devices and systems.
    • Numerous growth factors propel the adoption of cyber security within the healthcare sector. The digitization of healthcare records, the increasing connectivity of medical devices, and the evolution of telehealth services amplify the importance of robust cyber security measures. 
    • Nevertheless, the healthcare sector faces several challenges when adopting cyber security measures. One major challenge is the vulnerability of legacy medical devices and systems that may lack security features, making them susceptible to cyberattacks.
  • Government
  • Manufacturing
  • Energy
  • Defense
  • Other Industry Verticals

GEOGRAPHICAL STUDY

Geographical Study based on Four Major Regions:
  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Netherlands, Belgium, and Rest of Europe
    • Europe is among the prominent regions in the global market. 
    • The Europe cyber security market growth is majorly driven by the rising number of mobile workforces, cloud-based services adoption, and advanced persistent threats (APTs). 
    • In addition, the need for better risk & compliance solutions and the increasing internet penetration rate have facilitated the adoption of cyber security solutions. Furthermore, the high spending of organizations on security forums is expected to fuel the demand for cyber security solutions, as organizations need effective solutions to protect corporate data from cyber threats. 
    • For instance, during COVID-19, incidents of malware and cyberattacks in the European Union increased, creating the need for new and advanced cyber security solutions.
  • Asia-Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

Some of the major players in the global cyber security market are:

  • BAE Systems plc
  • Lockheed Martin Corporation
  • Broadcom Inc
  • Check Point Software Technology Ltd
  • Cisco Systems Inc
  • Fortinet Inc
  • International Business Machines Corporation
  • MacAfee LLC
  • Palo Alto Networks Inc

Key strategies adopted by some of these companies:

  • September 2023: Cisco has agreed to buy Splunk for about $28 billion in an all-cash deal that will significantly reinforce the network and cloud giant’s security software portfolio. Splunk’s software platform is known for its wide-reaching ability to search, monitor, and analyze data from a variety of systems.
  • June 2022: Fortinet launched FortiRecon, a comprehensive Digital Risk Protection Service (DRPS) offering that manages a company’s risk posture and advises meaningful action to protect its brand reputation, enterprise assets, and data. It provides a unique triple offering of outside-in coverage across External Attack Surface Management (EASM), Brand Protection (BP), and Adversary-Centric Intelligence (ACI).
  • May 2022: Check Point partnered with Provision-ISR to provide on-device runtime protection against zero-day attacks. The solution introduces a new degree of security to the video surveillance market. It is an embedded runtime security solution that protects against access control, memory corruption, shell injection, import table hijacking, control flow hijacking, and others.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments AnalyzedComponent, Solution, Security Type, Deployment, Organization Size, and Industry Vertical
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

BAE Systems plc, Broadcom Inc, Check Point Software Technology Ltd, Cisco Systems Inc, Fortinet Inc, International Business Machines Corporation, Lockheed Martin Corporation, LogRhythm Inc, McAfee LLC, Palo Alto Networks Inc, Proofpoint Inc, Sophos Technologies Pvt Ltd, Trellix, Trend Micro Inc

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON CYBER SECURITY MARKET
    5. MAJOR MARKET FINDINGS
      1. THE ZERO TRUST MODEL, WHICH ASSUMES THAT THREATS MAY ALREADY EXIST INSIDE THE NETWORK, IS GAINING TRACTION
      2. SHIFT TO REMOTE WORK HAS INCREASED THE ATTACK SURFACE
      3. COMPANIES SPECIALIZING IN THREAT DETECTION, INCIDENT RESPONSE, AND THREAT INTELLIGENCE SERVICES ARE POISED FOR GROWTH
      4. AI-DRIVEN CYBERSECURITY SOLUTIONS, INCLUDING BEHAVIOR ANALYTICS AND THREAT INTELLIGENCE, ARE EXPANDING
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. RISING FREQUENCY AND SOPHISTICATION OF CYBERATTACKS
      2. COMPLIANCE WITH STRINGENT DATA PROTECTION REGULATIONS
      3. EXPANDING ATTACK SURFACE DUE TO ONGOING DIGITAL TRANSFORMATION ACROSS VARIOUS INDUSTRIES 
      4. GEOPOLITICAL TENSIONS AND STATE-SPONSORED CYBERATTACKS UNDERSCORE CYBER SECURITY EFFORTS’ IMPORTANCE
    2. KEY RESTRAINTS
      1. SHORTAGE OF SKILLED CYBER SECURITY PROFESSIONALS
      2. SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) AND PUBLIC INSTITUTIONS MAY HAVE LIMITED BUDGETS FOR CYBER SECURITY INVESTMENTS
      3. CYBER THREATS ARE CONSTANTLY EVOLVING, WITH ATTACKERS DEVELOPING NEW TACTICS AND TECHNIQUES
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. THRIVING CYBER SECURITY START-UP ECOSYSTEM WITH CUTTING-EDGE SOLUTIONS
      2. NEW VULNERABILITIES DUE TO THE GROWING INTERNET OF THINGS (IOT)
      3. INCREASING NEED FOR CLOUD SECURITY SOLUTIONS DUE TO DATA AND APPLICATION MIGRATION TO THE CLOUD
      4. RISING DIGITAL PAYMENT METHODS AND ONLINE FINANCIAL SERVICES
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR UNITED STATES
      2. GROWTH PROSPECT MAPPING FOR BELGIUM
      3. GROWTH PROSPECT MAPPING FOR INDIA
      4. GROWTH PROSPECT MAPPING FOR MIDDLE EAST
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
  5. MARKET BY COMPONENT
    1. HARDWARE
    2. SOFTWARE
    3. SERVICE
      1. PROFESSIONAL SERVICES
      2. MANAGED SERVICES
  6. MARKET BY SOLUTION
    1. UNIFIED THREAT MANAGEMENT
    2. IDS/IPS
    3. DLP
    4. IAM
    5. SIEM
    6. DDOS
    7. RISK & COMPLIANCE
    8. OTHER SOLUTIONS
  7. MARKET BY SECURITY TYPE
    1. ENDPOINT SECURITY
    2. CLOUD SECURITY
    3. NETWORK SECURITY
    4. APPLICATION SECURITY
    5. INFRASTRUCTURE PROTECTION
    6. DATA SECURITY
    7. OTHER SECURITY TYPES
  8. MARKET BY DEPLOYMENT
    1. CLOUD-BASED
    2. ON-PREMISES
  9. MARKET BY ORGANIZATION SIZE
    1. LARGE ENTERPRISES
    2. MEDIUM ENTERPRISES
    3. SMALL ENTERPRISES
  10. MARKET BY INDUSTRY VERTICAL
    1. IT & TELECOM
    2. RETAIL
    3. BFSI
    4. HEALTHCARE
    5. GOVERNMENT
    6. MANUFACTURING
    7. ENERGY
    8. DEFENSE
    9. OTHER INDUSTRY VERTICALS
  11. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA CYBER SECURITY MARKET DRIVERS
      3. NORTH AMERICA CYBER SECURITY MARKET CHALLENGES
      4. NORTH AMERICA CYBER SECURITY MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN NORTH AMERICA CYBER SECURITY MARKET
      6. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE CYBER SECURITY MARKET DRIVERS
      3. EUROPE CYBER SECURITY MARKET CHALLENGES
      4. EUROPE CYBER SECURITY MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN EUROPE CYBER SECURITY MARKET
      6. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        6. BELGIUM
          1. BELGIUM CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        7. NETHERLANDS
          1. NETHERLANDS ECOMMERCE MARKET SIZE & OPPORTUNITIES
        8. REST OF EUROPE
          1. REST OF EUROPE CYBER SECURITY MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC CYBER SECURITY MARKET DRIVERS
      3. ASIA-PACIFIC CYBER SECURITY MARKET CHALLENGES
      4. ASIA-PACIFIC CYBER SECURITY MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN ASIA-PACIFIC CYBER SECURITY MARKET
      6. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        6. THAILAND
          1. THAILAND CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        7. VIETNAM
          1. VIETNAM CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        8. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        9. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC CYBER SECURITY MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD CYBER SECURITY MARKET DRIVERS
      3. REST OF WORLD CYBER SECURITY MARKET CHALLENGES
      4. REST OF WORLD CYBER SECURITY MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN REST OF WORLD CYBER SECURITY MARKET
      6. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA CYBER SECURITY MARKET SIZE & OPPORTUNITIES
  12. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. BAE SYSTEMS PLC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      2. BROADCOM INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      3. CHECK POINT SOFTWARE TECHNOLOGY LTD 
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      4. CISCO SYSTEMS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      5. FORTINET INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      6. INTERNATIONAL BUSINESS MACHINES CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      7. LOCKHEED MARTIN CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      8. LOGRHYTHM INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      9. MCAFEE LLC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      10. PALO ALTO NETWORKS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      11. PROOFPOINT INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      12. SOPHOS TECHNOLOGIES PVT LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      13. TRELLIX
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      14. TREND MICRO INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – CYBER SECURITY

TABLE 2: GLOBAL CYBER SECURITY MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL CYBER SECURITY MARKET, BY COMPONENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 4: GLOBAL HARDWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL HARDWARE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 6: GLOBAL SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 8: GLOBAL SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 10: GLOBAL CYBER SECURITY MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL CYBER SECURITY MARKET, BY SERVICE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 12: GLOBAL PROFESSIONAL SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL PROFESSIONAL SERVICES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 14: GLOBAL MANAGED SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL MANAGED SERVICES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 16: GLOBAL CYBER SECURITY MARKET, BY SOLUTION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL CYBER SECURITY MARKET, BY SOLUTION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 18: GLOBAL UNIFIED THREAT MANAGEMENT MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL UNIFIED THREAT MANAGEMENT MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 20: GLOBAL IDS/IPS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL IDS/IPS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 22: GLOBAL DLP MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: GLOBAL DLP MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 24: GLOBAL IAM MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 25: GLOBAL IAM MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 26: GLOBAL SIEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 27: GLOBAL SIEM MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 28: GLOBAL DDOS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 29: GLOBAL DDOS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 30: GLOBAL RISK & COMPLIANCE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 31: GLOBAL RISK & COMPLIANCE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 32: GLOBAL OTHER SOLUTIONS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 33: GLOBAL OTHER SOLUTIONS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 34: GLOBAL CYBER SECURITY MARKET, BY SECURITY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 35: GLOBAL CYBER SECURITY MARKET, BY SECURITY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 36: GLOBAL ENDPOINT SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 37: GLOBAL ENDPOINT SECURITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 38: GLOBAL CLOUD SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 39: GLOBAL CLOUD SECURITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 40: GLOBAL NETWORK SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 41: GLOBAL NETWORK SECURITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 42: GLOBAL APPLICATION SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 43: GLOBAL APPLICATION SECURITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 44: GLOBAL INFRASTRUCTURE PROTECTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 45: GLOBAL INFRASTRUCTURE PROTECTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 46: GLOBAL DATA SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 47: GLOBAL DATA SECURITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 48: GLOBAL OTHER SECURITY TYPES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 49: GLOBAL OTHER SECURITY TYPES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 50: GLOBAL CYBER SECURITY MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 51: GLOBAL CYBER SECURITY MARKET, BY DEPLOYMENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 52: GLOBAL CLOUD-BASED MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 53: GLOBAL CLOUD-BASED MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 54: GLOBAL ON-PREMISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 55: GLOBAL ON-PREMISES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 56: GLOBAL CYBER SECURITY MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 57: GLOBAL CYBER SECURITY MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 58: GLOBAL LARGE ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 59: GLOBAL LARGE ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 60: GLOBAL MEDIUM ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 61: GLOBAL MEDIUM ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 62: GLOBAL SMALL ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 63: GLOBAL SMALL ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 64: GLOBAL CYBER SECURITY MARKET, BY INDUSTRY VERTICAL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 65: GLOBAL CYBER SECURITY MARKET, BY INDUSTRY VERTICAL, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 66: GLOBAL IT & TELECOM MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 67: GLOBAL IT & TELECOM MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 68: GLOBAL RETAIL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 69: GLOBAL RETAIL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 70: GLOBAL BFSI MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 71: GLOBAL BFSI MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 72: GLOBAL HEALTHCARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 73: GLOBAL HEALTHCARE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 74: GLOBAL GOVERNMENT MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 75: GLOBAL GOVERNMENT MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 76: GLOBAL MANUFACTURING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 77: GLOBAL MANUFACTURING MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 78: GLOBAL ENERGY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 79: GLOBAL ENERGY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 80: GLOBAL DEFENSE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 81: GLOBAL DEFENSE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 82: GLOBAL OTHER INDUSTRY VERTICALS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 83: GLOBAL OTHER INDUSTRY VERTICALS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 84: GLOBAL CYBER SECURITY MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 85: GLOBAL CYBER SECURITY MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 86: NORTH AMERICA CYBER SECURITY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 87: NORTH AMERICA CYBER SECURITY MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 88: NORTH AMERICA CYBER SECURITY MARKET REGULATORY FRAMEWORK

TABLE 89: KEY PLAYERS OPERATING IN NORTH AMERICA CYBER SECURITY MARKET

TABLE 90: EUROPE CYBER SECURITY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 91: EUROPE CYBER SECURITY MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 92: EUROPE CYBER SECURITY MARKET REGULATORY FRAMEWORK

TABLE 93: KEY PLAYERS OPERATING IN EUROPE CYBER SECURITY MARKET

TABLE 94: ASIA-PACIFIC CYBER SECURITY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 95: ASIA-PACIFIC CYBER SECURITY MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 96: ASIA-PACIFIC CYBER SECURITY MARKET REGULATORY FRAMEWORK

TABLE 97: KEY PLAYERS OPERATING IN ASIA-PACIFIC CYBER SECURITY MARKET

TABLE 98: REST OF WORLD CYBER SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 99: REST OF WORLD CYBER SECURITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 100: REST OF WORLD CYBER SECURITY MARKET REGULATORY FRAMEWORK

TABLE 101: KEY PLAYERS OPERATING IN REST OF WORLD CYBER SECURITY MARKET

TABLE 102: LIST OF MERGERS & ACQUISITIONS

TABLE 103: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 104: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR BELGIUM

FIGURE 5: GROWTH PROSPECT MAPPING FOR INDIA

FIGURE 6: GROWTH PROSPECT MAPPING FOR MIDDLE EAST

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: VALUE CHAIN ANALYSIS

FIGURE 10: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2022

FIGURE 11: GLOBAL CYBER SECURITY MARKET, BY HARDWARE, 2023-2032 (IN $ MILLION)

FIGURE 12: GLOBAL CYBER SECURITY MARKET, BY SOFTWARE, 2023-2032 (IN $ MILLION)

FIGURE 13: GLOBAL CYBER SECURITY MARKET, BY SERVICE, 2023-2032 (IN $ MILLION)

FIGURE 14: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY SERVICE, IN 2022

FIGURE 15: GLOBAL CYBER SECURITY MARKET, BY PROFESSIONAL SERVICES, 2023-2032 (IN $ MILLION)

FIGURE 16: GLOBAL CYBER SECURITY MARKET, BY MANAGED SERVICES, 2023-2032 (IN $ MILLION)

FIGURE 17: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY SOLUTION, IN 2022

FIGURE 18: GLOBAL CYBER SECURITY MARKET, BY UNIFIED THREAT MANAGEMENT, 2023-2032 (IN $ MILLION)

FIGURE 19: GLOBAL CYBER SECURITY MARKET, BY IDS/IPS, 2023-2032 (IN $ MILLION)

FIGURE 20: GLOBAL CYBER SECURITY MARKET, BY DLP, 2023-2032 (IN $ MILLION)

FIGURE 21: GLOBAL CYBER SECURITY MARKET, BY IAM, 2023-2032 (IN $ MILLION)

FIGURE 22: GLOBAL CYBER SECURITY MARKET, BY SIEM, 2023-2032 (IN $ MILLION)

FIGURE 23: GLOBAL CYBER SECURITY MARKET, BY DDOS, 2023-2032 (IN $ MILLION)

FIGURE 24: GLOBAL CYBER SECURITY MARKET, BY RISK & COMPLIANCE, 2023-2032 (IN $ MILLION)

FIGURE 25: GLOBAL CYBER SECURITY MARKET, BY OTHER SOLUTIONS, 2023-2032 (IN $ MILLION)

FIGURE 26: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY SECURITY TYPE, IN 2022

FIGURE 27: GLOBAL CYBER SECURITY MARKET, BY ENDPOINT SECURITY, 2023-2032 (IN $ MILLION)

FIGURE 28: GLOBAL CYBER SECURITY MARKET, BY CLOUD SECURITY, 2023-2032 (IN $ MILLION)

FIGURE 29: GLOBAL CYBER SECURITY MARKET, BY NETWORK SECURITY, 2023-2032 (IN $ MILLION)

FIGURE 30: GLOBAL CYBER SECURITY MARKET, BY APPLICATION SECURITY, 2023-2032 (IN $ MILLION)

FIGURE 31: GLOBAL CYBER SECURITY MARKET, BY INFRASTRUCTURE PROTECTION, 2023-2032 (IN $ MILLION)

FIGURE 32: GLOBAL CYBER SECURITY MARKET, BY DATA SECURITY, 2023-2032 (IN $ MILLION)

FIGURE 33: GLOBAL CYBER SECURITY MARKET, BY OTHER SECURITY TYPES, 2023-2032 (IN $ MILLION)

FIGURE 34: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2022

FIGURE 35: GLOBAL CYBER SECURITY MARKET, BY CLOUD-BASED, 2023-2032 (IN $ MILLION)

FIGURE 36: GLOBAL CYBER SECURITY MARKET, BY ON-PREMISES, 2023-2032 (IN $ MILLION)

FIGURE 37: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2022

FIGURE 38: GLOBAL CYBER SECURITY MARKET, BY LARGE ENTERPRISES, 2023-2032 (IN $ MILLION)

FIGURE 39: GLOBAL CYBER SECURITY MARKET, BY MEDIUM ENTERPRISES, 2023-2032 (IN $ MILLION)

FIGURE 40: GLOBAL CYBER SECURITY MARKET, BY SMALL ENTERPRISES, 2023-2032 (IN $ MILLION)

FIGURE 41: GLOBAL CYBER SECURITY MARKET, GROWTH POTENTIAL, BY INDUSTRY VERTICAL, IN 2022

FIGURE 42: GLOBAL CYBER SECURITY MARKET, BY IT & TELECOM, 2023-2032 (IN $ MILLION)

FIGURE 43: GLOBAL CYBER SECURITY MARKET, BY RETAIL, 2023-2032 (IN $ MILLION)

FIGURE 44: GLOBAL CYBER SECURITY MARKET, BY BFSI, 2023-2032 (IN $ MILLION)

FIGURE 45: GLOBAL CYBER SECURITY MARKET, BY HEALTHCARE, 2023-2032 (IN $ MILLION)

FIGURE 46: GLOBAL CYBER SECURITY MARKET, BY GOVERNMENT, 2023-2032 (IN $ MILLION)

FIGURE 47: GLOBAL CYBER SECURITY MARKET, BY MANUFACTURING, 2023-2032 (IN $ MILLION)

FIGURE 48: GLOBAL CYBER SECURITY MARKET, BY ENERGY, 2023-2032 (IN $ MILLION)

FIGURE 49: GLOBAL CYBER SECURITY MARKET, BY DEFENSE, 2023-2032 (IN $ MILLION)

FIGURE 50: GLOBAL CYBER SECURITY MARKET, BY OTHER INDUSTRY VERTICALS 2023-2032 (IN $ MILLION)

FIGURE 51: NORTH AMERICA CYBER SECURITY MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 52: UNITED STATES CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 53: CANADA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 54: EUROPE CYBER SECURITY MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 55: UNITED KINGDOM CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 56: GERMANY CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 57: FRANCE CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 58: ITALY CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 59: SPAIN CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 60: BELGIUM CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 61: NETHERLANDS CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 62: REST OF EUROPE CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 63: ASIA-PACIFIC CYBER SECURITY MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 64: CHINA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 65: JAPAN CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 66: INDIA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 67: SOUTH KOREA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 68: INDONESIA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 69: THAILAND CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 70: VIETNAM CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 71: AUSTRALIA & NEW ZEALAND CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 72: REST OF ASIA-PACIFIC CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 73: REST OF WORLD CYBER SECURITY MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)

FIGURE 74: LATIN AMERICA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FIGURE 75: MIDDLE EAST & AFRICA CYBER SECURITY MARKET, 2023-2032 (IN $ MILLION)

FAQ’s

FAQs

The India cyber security market is expected to project the fastest growth over the forecast period, 2023-2032.

Infrastructure Protection had the largest market of around 27% in 2022 and a revenue value of $5661.86 million.

The thriving cyber security start-up ecosystem with cutting-edge solutions, the growing Internet of Things (IOT), the increasing need for cloud security solutions, and the rising digital payment methods and online financial services are the key market trends driving the global cyber security market growth.