This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global cybersecurity industry. The report analyzes and declares the historical and current trends analysis of the global cybersecurity industry and subsequently recommends the projected trends anticipated to be observed in the global cybersecurity market during the upcoming years.
The global cybersecurity market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global cybersecurity market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global cybersecurity industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global cybersecurity industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global cybersecurity market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global cybersecurity industry. The global cybersecurity market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global cybersecurity sector. Key strategic developments in the global cybersecurity market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global cybersecurity market are appropriately highlighted in the report.
Cybersecurity is an integrated set of tools and technologies exploited to safeguard networks, programs, and data-loaded machines that can be accessed through any unlicensed dataset either intentionally or accidentally. Considerable progress has been observed in cybersecurity solutions during the past few years owing to the growing prevalence of cyber threats. The cybersecurity market will pursue a positive growth trend owing to the rising adoption of BYOD trend and IoT-based technologies among various multinational companies along with the growing incidences of phishing and malware threats in recent years.
Moreover, cloud storage and analytics technology are gaining high prominence in several data management industries. Hence, the demand for cybersecurity solutions to safeguard cloud data is increasing at a remarkable rate. However, the global cybersecurity market is potentially being hampered due to the obligations set for the cybersecurity services providers to comply with the regulations, standards, and complexities related to device security.
Report Attribute |
Details |
Market Size in 2019 |
USD 140 Billion |
Projected Market Size in 2026 |
USD 275 Billion |
CAGR Growth Rate |
11% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
McAfee, Cisco Systems, Microsoft, Rapid7, IBM Corporation, Trend Micro, Palo Alto Networks, FireEye, Sophos, AWS, Oracle, Symantec, Fortinet, Micro Focus, RSA Security, Check Point Software Technologies, Imperva, Proofpoint, F-Secure, and Cyberark, and Others |
Key Segment |
By Component, Offerings, Deployment Type, User Type, Industrial Vehicle, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
The global cybersecurity market research report delivers an acute valuation and taxonomy of the global cybersecurity industry by practically splitting the market on the basis of different components, offerings, deployment types, user types, industrial verticals, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global cybersecurity industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global cybersecurity industry is provided for the leading economies of the world.
The global cybersecurity market is segmented based on the component, offerings, deployment type, user type, industrial vertical, and region. The component segment bifurcates the global market into solutions and services. By offerings, the global industry is categorized into identity and access management (IAM), infrastructure security, governance, risk, & compliance, unified vulnerability management service offering, and data security and privacy service offering. Deployment type-wise, the global market is classified into cloud and on-premises. The user type segment divides the global market into Large enterprises and small & medium enterprises. By industrial vertical, the global cybersecurity market is segmented into aerospace & defense, BFSI, public sector, retail, healthcare, IT & telecom, energy & utilities, manufacturing, and others.
The taxonomy of the global cybersecurity industry by its scope and segmentation is as follows:
Copyright © 2023 - 2024, All Rights Reserved, Facts and Factors