Vancouver, BC -- (SBWire) -- 04/19/2021 --The global cyber security market size is expected to reach USD 311.73 Billion at a steady CAGR of 7.6% in 2028, according to latest analysis by Emergen Research. Steady cyber security market revenue growth is due to increase in the number of data breaches and increasing deployment to the cloud, driven by the digitization shift across various industries, sectors, and verticals.
Adoption of cloud-based services in various industries has increased thus driving growth of the cyber security market to a significant extent. Enterprises are increasingly adopting cloud-based services as this is less expensive and does not require an IT infrastructure setup. Cloud deployment leads to vulnerabilities in software and makes information easily accessible by cyber criminals. Companies are focused on improving their cyber security software to protect their data from cyber-attacks.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Cyber Security market. It offers SWOT analysis, PESTEL analysis, and Porter's Five Forces analysis to present a better understanding of the Cyber Security market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Cyber Security market.
The key players profiled in the report are IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet.
Emergen Research has segmented the global cyber security market on the basis of component, solution, services, security type, deployment, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Hardware
Software
Solution Outlook (Revenue, USD Billion; 2018–2028)
Threat Intelligence
Identity and Access Management
Security and Vulnerability Management
Risk and Compliance Management
Others (Others include threat intelligence platforms, SIEM, and incident forensics)
Encryption
Data Loss Prevention
Network DLP
Storage/ Data Center DLP
Endpoint DLP
Unified Threat Management
Firewall
Antivirus/ Antimalware
Intrusion Detection Systems/ Intrusion Prevention Systems
Network-based
Host-based
Wireless
Disaster Recovery
Distributed Denial of Service
Web Filtering
Others (Other solutions include application whitelisting and patch management)
Services Outlook (Revenue, USD Billion; 2018–2028)
Professional Services
Design and Integration
Risk and Threat Assessment
Consulting
Training and Education
Support and Maintenance
Managed Security Services
Security Type Outlook (Revenue, USD Billion; 2018–2028)
Application Security
Network Security
Cloud Security
Endpoint Security
Others
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Cloud
On-Premises
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Small and Medium Enterprises
Large Enterprises
End-use Outlook (Revenue, USD Billion; 2018–2028)
Government and Defense
Healthcare
BFSI
Energy and Utilities
Manufacturing
IT and Telecom
Retail
Others
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Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
Radical Highlights of the Cyber Security Market Report:
Comprehensive overview of the Cyber Security market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Cyber Security market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter's Five Forces Analysis, feasibility analysis, and investment return analysis
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Global Cyber Security Market has been developing at a rapid rate and is contributing significantly to the global economy in terms of revenue, growth rate, sales, market share, and size. The Global Cyber Security Market report is a comprehensive research document that provides valuable insights to the readers to understand the fundamentals of the Cyber Security market.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Cyber Security Market Segmentation & Impact Analysis
4.1. Cyber Security Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rapidly increasing cybersecurity incidents and regulations requiring its reporting
4.2.2.2. Growing M2M/IoT connections demanding strengthened cybersecurity in enterprises
4.2.3. Market restraints analysis
4.2.3.1. Lack of skilled professionals
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Cyber Security Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021 & 2028
5.1.1. Hardware
5.1.2. Software
CONTINUE…!
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Cyber Security Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028
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