Executive Summery

This report presents a detailed overview of the Cybersecurity Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Cybersecurity industry landscape.

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Cybersecurity Market Statistics and Key Highlights

The Global Cybersecurity Market size was valued at around USD 181 billion in 2023 & is estimated to grow at a CAGR of around 10% during the forecast period, i.e., 2024-30.

• Cybersecurity market shows steady growth
• Market size expanding due to rising industry demand
• Competitive landscape driven by tech and innovation
• Detailed segment-wise and geography wise share analysis
• Forecast reveals strong trends shaping future outlook

Key Player- Emerging Cybersecurity Companies

• IBM
• CISCO
• Microsoft
• Palo Alto Networks
• Fortinet
• Check Point
• Trellix
• Trend Micro
• Rapid7
• Open Text
• AWS
• Oracle
• Accenture
• Cyberack
• ZScaler

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Key Driver:

Increasing Number of Target-Based Cyber-Attacks Augmenting Market Demand – Over the past few years, increasing cybercrime and target-based attacks have vigorously driven the growth of the Cybersecurity Industry. Cyber attackers target network infrastructure, endpoints, and cloud-based applications to cause significant financial losses and disrupt business operations. Rising cybercrimes like the theft of sensitive & critical data or information result in huge financial losses; thus, advanced information security technologies have been adopted by businesses across the globe to safeguard their security infrastructure. For instance,

In 2022, according to the FBI's Internet Crime Report, 8,00,944 complaints of cybercrime were reported to the FBI by the public on a global level.

Among the complaints received in 2022, phishing and personal data breaches were the top incidents reported. While phishing ranked number one, the associated dollar loss of USD 52 million is small in comparison to investment fraud, which resulted in a USD 3.3 billion loss, an increase of 127% from the previous year.

Cybersecurity Market Segmentation

By Offering

• Solution- Market Size & Forecast 2019-2030, (USD Million)
• Standalone Hardware- Market Size & Forecast 2019-2030, (USD Million)
• Software Solution- Market Size & Forecast 2019-2030, (USD Million)
• Services- Market Size & Forecast 2019-2030, (USD Million)
• Professional Services- Market Size & Forecast 2019-2030, (USD Million)
• Design, Consulting & implementation- Market Size & Forecast 2019-2030, (USD Million)
• Risk & Threat Management- Market Size & Forecast 2019-2030, (USD Million)
• Training & Education- Market Size & Forecast 2019-2030, (USD Million)
• Support & Maintenance- Market Size & Forecast 2019-2030, (USD Million)
• Managed Services- Market Size & Forecast 2019-2030, (USD Million)

By Solution Type

• Identity & Access Management (IAM)- Market Size & Forecast 2019-2030, (USD Million)
• Antivirus/Antimalware- Market Size & Forecast 2019-2030, (USD Million)
• Log Management & SIEM- Market Size & Forecast 2019-2030, (USD Million)
• Firewall- Market Size & Forecast 2019-2030, (USD Million)
• Encryption & Tokenization- Market Size & Forecast 2019-2030, (USD Million)
• Compliance & Policy Management- Market Size & Forecast 2019-2030, (USD Million)
• Patch Management- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)

By Deployment mode

• On-premises- Market Size & Forecast 2019-2030, (USD Million)
• Cloud- Market Size & Forecast 2019-2030, (USD Million)
• Hybrid Cloud- Market Size & Forecast 2019-2030, (USD Million)

By Organization size

• Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
• SMEs (Small & Medium Enterprises)- Market Size & Forecast 2019-2030, (USD Million)

By Security Type

• Network Security- Market Size & Forecast 2019-2030, (USD Million)
• Cloud Security- Market Size & Forecast 2019-2030, (USD Million)
• Endpoint & IoT Security- Market Size & Forecast 2019-2030, (USD Million)
• Application Security- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)

By Vertical

• Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
• Government- Market Size & Forecast 2019-2030, (USD Million)
• Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
• Aerospace & Defense- Market Size & Forecast 2019-2030, (USD Million)
• Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
• IT & ITeS- Market Size & Forecast 2019-2030, (USD Million)
• Education- Market Size & Forecast 2019-2030, (USD Million)
• Retail & Ecommerce- Market Size & Forecast 2019-2030, (USD Million)
• Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
• Telecommunications- Market Size & Forecast 2019-2030, (USD Million)
• Transportation & Logistics- Market Size & Forecast 2019-2030, (USD Million)
• Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
• Others (Education, Construction, Travel & Hospitality)- Market Size & Forecast 2019-2030, (USD Million)

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The North American region is anticipated to lead the cybersecurity industry in terms of market size.

Reasons to Buy This Report

1. Gain comprehensive insights into current market trends and dynamics.
2. Equip your business with data-driven strategies for informed decisions.
3. Identify lucrative market opportunities and strategic growth areas.
4. Analyze competitors to enhance your positioning in the market landscape.
5. Understand geographical trends across diverse markets for better expansion strategies.

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