The new Cybersecurity research report provides a highly detailed analysis of this rapidly changing market. This assessment features an examination of the different segments growing within the cybersecurity space, including:
Segment Analysis: Future outlook for the development of eight different cybersecurity markets, including:
- Cloud security
- DDoS (Distributed Denial of Service) Mitigation
- Email Security
- Endpoint Security
- IAM (Identity & Access Management)
- IoT Security
- Threat Intelligence
- Unified Threat Management
Key Statistics
- $179.5bn - Market size in 2022
- $226.0bn - Market size in 2027
- 4.7% - 2022 to 2027 CAGR
- 2022-2027 - Forecast period
Key Features
Market Dynamics: Detailed assessment of how cybersecurity technologies are being deployed, and the future trends that will influence this highly dynamic area. This includes the most prominent evolving threats, such as ransomware, malware and supply chain attacks.Segment Analysis: Future outlook for the development of eight different cybersecurity markets, including:
- Cloud Security
- DDoS (Distributed Denial of Service) Mitigation
- Email Security
- Endpoint Security
- IAM (Identity & Access Management)
- IoT Security
- Threat Intelligence
- Unified Threat Management
Competitor Leaderboard: Key player capability and capacity assessment for 16 cybersecurity vendors:
- AWS
- Cisco
- Forcepoint
- Fortinet
- IBM
- Imperva
- Micro Focus
- Oracle
- Palo Alto Networks
- Proofpoint
- RSA Security
- Sophos
- Splunk
- Symantec
- Trellix
- Trend Micro
- Algeria
- Argentina
- Australia
- Austria
- Bangladesh
- Belgium
- Brazil
- Canada
- Chile
- China
- Colombia
- Croatia
- Czech Republic
- Denmark
- Ecuador
- Egypt
- Finland
- France
- Germany
- Greece
- Hong Kong
- Hungary
- India
- Indonesia
- Ireland
- Israel
- Italy
- Japan
- Kenya
- Kuwait
- Malaysia
- Mexico
- Nepal
- Netherlands
- New Zealand
- Nigeria
- Norway
- Pakistan
- Peru
- Philippines
- Poland
- Portugal
- Qatar
- Romania
- Russia
- Saudi Arabia
- Singapore
- South Africa
- South Korea
- Spain
- Sweden
- Switzerland
- Thailand
- Turkey
- UK
- Ukraine
- United Arab Emirates
- Uruguay
- US
- Vietnam
Research Deliverables
- Market Trends & Forecasts PDF Report - A comprehensive analysis of the current market landscape, alongside strategic recommendations and a walk-through of the forecasts.
- Interactive Forecast Excel - Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
- harvest Online Data Platform - Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
Executive Summary
The value of enterprise cybersecurity spend will exceed $226 billion in 2027; up from $179 billion in 2022. This growth of 26% over the next five years reflects the increasing maturity of the cybersecurity market, which continues to evolve as new threats emerge. A rising awareness of vulnerabilities, alongside emerging threats, including ransomware and DDoS are key drivers behind the increasing spend.The Competitor Leaderboard for the cybersecurity market has identified the five leading market vendors as follows: a) AWS b) IBM c) Cisco d) Oracle e) Sophos
The Competitor Leaderboard provides an independent assessment of the market standing of the leading cybersecurity players. It includes a robust and transparent assessment methodology, including heatmap analysis and a thorough explanation of each company’s market position. The Leaderboard tool assesses each vendor’s capacity, capability, and products. This analysis includes assessing the size of their operations, financial performance and the sophistication of their cybersecurity offerings.
Remote working and cloud computing are being implemented by businesses, from small to multinational, which increases attack vectors available to cybercriminals. Machine learning is a key requirement within cybersecurity solutions; improving response times and combatting evolving tactics of cybercriminals. In response, cybersecurity vendors must form strategic partnerships with smaller, specialised cybersecurity vendors to acquire new data sources and point solutions, and offer services, such as unified threat management, in order to maintain relevance in this highly competitive market.
Companies Mentioned
- AWS
- Cisco
- Forcepoint
- Fortinet
- IBM
- Imperva
- Micro Focus
- Oracle
- Palo Alto Networks
- Proofpoint
- RSA Security
- Sophos
- Splunk
- Symantec
- Trellix
- Trend Micro
