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Cybersecurity Services Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939628
The cybersecurity services market size has grown strongly in recent years. It will grow from $85.23 billion in 2023 to $92.44 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The historical period's growth can be credited to robust economic expansion in emerging markets, an increase in disposable income, high valuations of software companies, and advancements in technology.

The cybersecurity services market size is expected to see rapid growth in the next few years. It will grow to $141.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The anticipated growth in the forecast period is driven by the escalation in the frequency and sophistication of cyberattacks, the prevalence of the Internet of Things (IoT), an upsurge in internet penetration, the demand for authentication techniques, and emerging trends. Key trends in the forecast period involve a strategic emphasis on harnessing AI, machine learning, and blockchain technologies for cyber defense, providing cybersecurity services through cloud-based platforms, employing data analysis to enhance cybersecurity services, adhering to ITIL and ISO 9001 standards for quality service delivery, and integrating automation in cybersecurity.

The surge in significant cyber-attacks is a pivotal factor propelling the expansion of the cybersecurity services market. Cybercrimes are primarily motivated by political competition, financial gains, negative credibility, foreign competition, and the radical involvement of religious groups, with financial gain being the most common objective. Notable ransomware products such as WannaCry, Petya, NotPetya, and BadRabbit have targeted large-scale businesses and government organizations. For instance, cybersecurity experts reported a 40% increase in ransomware threats to 199.7 million attacks worldwide in Q3 of 2020, with Ryuk ransomware incidents reaching 67.3 million, constituting 33.7% of all such incidents. The consequences of ransomware attacks included various municipal facilities' inaccessibility, information leakage, and economic losses. Consequently, the growing instances of massive cyber-attacks drive companies to integrate cybersecurity into their systems to prevent disruptions, fostering the cybersecurity services market's growth.

The anticipated growth of cybersecurity budgets is poised to drive the expansion of the cybersecurity services market in the future. A cybersecurity budget represents the financial resources allocated by an organization to safeguard its information assets from cyber threats. Such budgets empower organizations to invest in more sophisticated and comprehensive cybersecurity services. As an illustration, a 2021 survey of 3,249 technology and business executives by PricewaterhouseCoopers International Limited revealed that approximately 55% of respondents expected to increase their cybersecurity budgets, with 51% planning to augment full-time cyber staff in 2021. Therefore, the upward trajectory of cybersecurity budgets acts as a catalyst for the growth of the cybersecurity services market.


Embracing AI, machine learning, and blockchain technologies for cyber defense emerges as a prominent trend in the cybersecurity services market. Cybersecurity vendors are integrating principles of artificial intelligence (AI) and machine learning into their solutions to effectively address risks in today's hyper-connected workplaces, offering swift identification, prevention, and response capabilities. Technological advancements, particularly in AI and machine learning, are empowering the fight against cybercrime. Vade Secure, a global email security firm, utilizes artificial intelligence and machine learning to protect over 600 million mailboxes across 76 countries from various threats, including spear phishing, ransomware, and malware. In August 2023, Abnormal Security, a US-based AI-driven email security platform, introduced CheckGPT, an AI-generated email detector. This innovative feature determines when generative AI technologies were likely used to produce email threats such as business email compromise (BEC) and other socially engineered attacks. Cybersecurity experts are leveraging AI and machine learning to address emerging cyber threats affecting individuals, businesses, and governments.

Major companies engaged in the cybersecurity services market are concentrating on developing cutting-edge technologies, such as cybersecurity services platforms, to deliver reliable services to their customers. A cybersecurity services platform serves as a centralized solution, providing organizations with a comprehensive array of cybersecurity services. For instance, in February 2022, Tata Consultancy Services, an Indian-based information technology services and consulting company, introduced the Cyber Defense Suite. This uniquely designed platform offers a 360-degree view and predictive intelligence, enabling proactive defense and response against evolving threats from a unified perspective. The platform provides executives with the confidence and flexibility to expand their digital businesses by offering a comprehensive range of quickly adaptable, modular cybersecurity services. The suite's automation and scalability reduce the total cost of ownership while empowering enterprises to operate with increased speed and agility.


Major companies operating in the cybersecurity services market report are International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks Inc., Cisco Systems Inc., Proofpoint Inc., Fortinet Inc., Check Point Software Technologies Ltd., Sophos Group, Splunk Inc., StratoKey, QuintessenceLabs, Antiy Labs, Vkansee, AhnLab, Banff Cyber Technologies, Cyberops Infosec LLP, eSec Forte Technologies, MARLABS Inc., Trend Micro, Mimecast, Ernst & Young (EY), Clearswift, PricewaterhouseCoopers (PwC), Becrypt, 6WIND, Barracuda Networks Inc., 8ack GmbH, Accelerated IT Services & Consulting oHG, IOActive, Armor, BT, BAE, Avast, Bitdefender, Kaspersky, Rostelecom, SafeTech, Anect, Cyber Dacians, AEC, Symantec, FireEye, BlackBerry, McAfee, Herjavec Group, Absolute, Arctic Wolf, Packetlabs Ltd., Clean Cloud, PhishX, Ibliss, Site Blindado, Safeway, Auth0, CoinFabrik, Groundworks Technologies, Nektra Advanced Computing, Aqua Security, BigID, Cato Networks, Checkmarx, Smartym Pro, Redwerk, TAIOS, Cyberbit, CyberArk, Westech, AVeS Cyber Security, Vance Cyber Security, CyberSec (Pty) Ltd., Lafont Innovation LLC, Enovise, Techinnovar Limited, CyberSOC, DataSixth, One Alliance Group.

North America was the largest region in the cybersecurity services market in 2023. Asia-Pacific was the second largest region in the global cybersecurity services market. The regions covered in the cybersecurity services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the cybersecurity services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain. The cybersecurity services market includes revenues earned by entities by providing services such as network security, application security, information security and operational security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The primary security categories of cybersecurity services include network security, endpoint security, application security, cloud security, and others. Endpoint security focuses on preventing malicious actors and campaigns from exploiting endpoints or entry points on end-user devices, including desktops, laptops, and mobile devices. These services find applications across various industry verticals, such as aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, among others.

The cybersecurity services market research report is one of a series of new reports that provides cybersecurity services market statistics, including cybersecurity services industry global market size, regional shares, competitors with a cybersecurity services market share, detailed cybersecurity services market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity services industry. This cybersecurity services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Cybersecurity Services Market Characteristics3. Cybersecurity Services Market Trends and Strategies
4. Cybersecurity Services Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Cybersecurity Services Market Size and Growth
5.1. Global Cybersecurity Services Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Cybersecurity Services Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Cybersecurity Services Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Cybersecurity Services Market Segmentation
6.1. Global Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Network Security
  • Endpoint Security
  • Application Security
  • Cloud Security
  • Other Security Types
6.2. Global Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Enterprises
  • Small & Medium Enterprises
6.3. Global Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Aerospace and Defense
  • BFSI
  • Public sector
  • Retail
  • Healthcare
  • IT and Telecom
  • Energy and Utilities
  • Manufacturing
  • Other Industry Verticals
7. Cybersecurity Services Market Regional and Country Analysis
7.1. Global Cybersecurity Services Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cybersecurity Services Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Cybersecurity Services Market
8.1. Asia-Pacific Cybersecurity Services Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Cybersecurity Services Market
9.1. China Cybersecurity Services Market Overview
9.2. China Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Cybersecurity Services Market
10.1. India Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Cybersecurity Services Market
11.1. Japan Cybersecurity Services Market Overview
11.2. Japan Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Cybersecurity Services Market
12.1. Australia Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Cybersecurity Services Market
13.1. Indonesia Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Cybersecurity Services Market
14.1. South Korea Cybersecurity Services Market Overview
14.2. South Korea Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Cybersecurity Services Market
15.1. Western Europe Cybersecurity Services Market Overview
15.2. Western Europe Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Cybersecurity Services Market
16.1. UK Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Cybersecurity Services Market
17.1. Germany Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Cybersecurity Services Market
18.1. France Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Cybersecurity Services Market
19.1. Italy Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Cybersecurity Services Market
20.1. Spain Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Cybersecurity Services Market
21.1. Eastern Europe Cybersecurity Services Market Overview
21.2. Eastern Europe Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Cybersecurity Services Market
22.1. Russia Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Cybersecurity Services Market
23.1. North America Cybersecurity Services Market Overview
23.2. North America Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Cybersecurity Services Market
24.1. USA Cybersecurity Services Market Overview
24.2. USA Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Cybersecurity Services Market
25.1. Canada Cybersecurity Services Market Overview
25.2. Canada Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Cybersecurity Services Market
26.1. South America Cybersecurity Services Market Overview
26.2. South America Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Cybersecurity Services Market
27.1. Brazil Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Cybersecurity Services Market
28.1. Middle East Cybersecurity Services Market Overview
28.2. Middle East Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Cybersecurity Services Market
29.1. Africa Cybersecurity Services Market Overview
29.2. Africa Cybersecurity Services Market, Segmentation by Security Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cybersecurity Services Market, Segmentation by User Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Cybersecurity Services Market, Segmentation by Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Cybersecurity Services Market Competitive Landscape and Company Profiles
30.1. Cybersecurity Services Market Competitive Landscape
30.2. Cybersecurity Services Market Company Profiles
30.2.1. International Business Machines Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Microsoft Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Oracle Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Palo Alto Networks Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Cisco Systems Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Cybersecurity Services Market Other Major and Innovative Companies
31.1. Proofpoint Inc.
31.2. Fortinet Inc.
31.3. Check Point Software Technologies Ltd.
31.4. Sophos Group
31.5. Splunk Inc.
31.6. StratoKey
31.7. QuintessenceLabs
31.8. Antiy Labs
31.9. Vkansee
31.10. AhnLab
31.11. Banff Cyber Technologies
31.12. Cyberops Infosec LLP
31.13. eSec Forte Technologies
31.14. MARLABS INC
31.15. Trend Micro
32. Global Cybersecurity Services Market Competitive Benchmarking33. Global Cybersecurity Services Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cybersecurity Services Market
35. Cybersecurity Services Market Future Outlook and Potential Analysis
35.1 Cybersecurity Services Market in 2028 - Countries Offering Most New Opportunities
35.2 Cybersecurity Services Market in 2028 - Segments Offering Most New Opportunities
35.3 Cybersecurity Services Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Cybersecurity Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cybersecurity services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cybersecurity services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Security Type: Network Security; Endpoint Security; Application Security; Cloud Security; Other Security Types
2) By User Type: Large Enterprises; Small & Medium Enterprises
3) By Industry Verticals: Aerospace and Defense; BFSI; Public sector; Retail; Healthcare; IT and Telecom; Energy and Utilities; Manufacturing; Other Industry Verticals

Key Companies Mentioned: International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; Palo Alto Networks Inc.; Cisco Systems Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • International Business Machines Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Palo Alto Networks Inc.
  • Cisco Systems Inc.
  • Proofpoint Inc.
  • Fortinet Inc.
  • Check Point Software Technologies Ltd.
  • Sophos Group
  • Splunk Inc.
  • StratoKey
  • QuintessenceLabs
  • Antiy Labs
  • Vkansee
  • AhnLab
  • Banff Cyber Technologies
  • Cyberops Infosec LLP
  • eSec Forte Technologies
  • MARLABS INC
  • Trend Micro
  • Mimecast
  • Ernst & Young (EY)
  • Clearswift
  • PricewaterhouseCoopers (PwC)
  • Becrypt
  • 6WIND
  • Barracuda Networks Inc.
  • 8ack GmbH
  • Accelerated IT Services & Consulting oHG
  • IOActive
  • Armor
  • BT
  • BAE
  • Avast
  • Bitdefender
  • Kaspersky
  • Rostelecom
  • SafeTech
  • Anect
  • Cyber Dacians
  • AEC
  • Symantec
  • FireEye
  • BlackBerry
  • McAfee
  • Herjavec Group
  • Absolute
  • Arctic Wolf
  • Packetlabs Ltd.
  • Clean Cloud
  • PhishX
  • Ibliss
  • Site Blindado
  • Safeway
  • Auth0
  • CoinFabrik
  • Groundworks Technologies
  • Nektra Advanced Computing
  • Aqua Security
  • BigID
  • Cato Networks
  • Checkmarx
  • Smartym Pro
  • Redwerk
  • TAIOS
  • Cyberbit
  • CyberArk
  • Westech
  • AVeS Cyber Security
  • Vance Cyber Security
  • CyberSec (Pty) Ltd
  • Lafont Innovation LLC
  • Enovise
  • Techinnovar Limited
  • CyberSOC
  • DataSixth
  • One Alliance Group.

Methodology

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