Cyber Security Market Forecast to 2032
The Global Cybersecurity Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Cybersecurity industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Cybersecurity market along with crucial statistical data about the Cybersecurity market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2022. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The global cybersecurity market size reached USD 203.8 Billion in 2022 and is expected to register a revenue CAGR of 12.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing number of new tools for cyber-attacks, and rapid adoption of Cybersecurity Mesh Architecture (CSMA) by organizations are key factors driving revenue growth of the market.
The purpose of CSMA is to modularize security functions and allow them to communicate with one another via a number of supporting layers, increasing security's composability and scalability. A company can accomplish greater security with fewer resources due to CSMA's ability to make security more unified and collaborative. These factors are expected to drive revenue growth of the market over the forecast period.
By providing a framework that is scalable, interoperable, and composable, CSMA hopes to improve interoperability between various security systems and policies. The CSMA's basic layers define the core security goals and functions that various security solutions can cooperate to achieve. This is anticipated to fuel the market's revenue growth.
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The global Cyber Security market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Cyber Security industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet
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Market Overview:
The report bifurcates the Cyber Security market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
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)
- Threat Intelligence
-
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
- Professional Services
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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
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