April 18, 2024
ICT

Cyber Security Market Size To Rake USD 691.64 Bn By 2032

The cyber security market size is poised to grow by USD 691.64 billion by 2032 from USD 211.48 billion in 2022, exhibiting a CAGR of 12.58% during the forecast period 2023-2032.

Cyber Security Market Size 2023 To 2032

Key Takeaways:

  • North America contributed more than 36% of revenue share in 2022.
  • By Component, the services segment is expected to hold the largest market share over the forecast period.
  • By Security Type, the infrastructure protection segment is expected to dominate the market during the forecast period.
  • By Solution, the IAM segment is expected to capture the largest market share over the forecast period.
  • By Services, the professional services are expected to dominate the market during the projected period.
  • By Deployment, the on-premises segment captured more than 62% of revenue share in 2022.
  • By Organization size, the large enterprises segment generated more than 70% of market share in 2022.
  • By Application, the Defense/Government segment is expected to capture a significant market share over the forecast period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Cyber security market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Cyber security Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3258

Report Scope of the Cyber Security Market:

Report Coverage Details
Market Size in 2023 USD 238.08 Billion
Market Size by 2032 USD 691.64 Billion
Growth Rate from 2023 to 2032 CAGR of 12.58%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Component, By Security Type, By Solution, By Services, By Deployment, By Organization Size, By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Surgical Kits Market Size To Gain USD 38.96 Bn by 2032

The empirical study on the global Cyber security market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Cyber security Market. Our market report for the Cyber security market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Top Key Players:

  • BAE Systems Plc
  • Broadcom, Inc.
  • Centrify Corporation
  • Check Point Software Technology Ltd.
  • Cisco Systems, Inc.
  • FireEye, Inc.
  • Fortinet, Inc.
  • International Business Machines Corporation
  • Lockheed Martin Corporation
  • LogRhythm, Inc.
  • McAfee, LLC.
  • Palo Alto Networks, Inc.

Data Sources and Methodology

To gather comprehensive insights on the Global Cyber security Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Cyber security Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Cyber security market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Component

  • Software
  • Hardware
  • Services

By Security Type

  • Endpoint Security
  • Cloud Security
  • Network Security
  • Application Security
  • Infrastructure Protection
  • Data Security
  • Others

By Solution

  • Unified Threat Management (UTM)
  • IDS/IPS
  • DLP
  • IAM
  • SIEM
  • DDoS
  • Risk & Compliance Management
  • Others

By Services

  • Professional Services
    • Risk and Threat Assessment
    • Design, Consulting, and Implementation
    • Training & Education
    • Support & Maintenance
  • Managed Services

By Deployment

  • Cloud-based
  • On-premises

By Organization Size

  • SMEs
  • Large Enterprises

By Application

  • IT & Telecom
  • Retail
  • BFSI
  • Healthcare
  • Defense/Government
  • Manufacturing
  • Energy
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Cyber security market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Cyber security market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Cyber security market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Cyber security market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Cyber Security Market, By Component

7.1. Cyber Security Market, by Component, 2023-2032

7.1.1. Software

7.1.1.1. Market Revenue and Forecast (2020-2032)

7.1.2. Hardware

7.1.2.1. Market Revenue and Forecast (2020-2032)

7.1.3. Services

7.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 8. Global Cyber Security Market, By Security Type

8.1. Cyber Security Market, by Security Type, 2023-2032

8.1.1. Endpoint Security

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Cloud Security

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Network Security

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Application Security

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Infrastructure Protection

8.1.5.1. Market Revenue and Forecast (2020-2032)

8.1.6. Data Security

8.1.6.1. Market Revenue and Forecast (2020-2032)

8.1.7. Others

8.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Cyber Security Market, By Solution

9.1. Cyber Security Market, by Solution, 2023-2032

9.1.1. Unified Threat Management (UTM)

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. IDS/IPS

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. DLP

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. IAM

9.1.4.1. Market Revenue and Forecast (2020-2032)

9.1.5. SIEM

9.1.5.1. Market Revenue and Forecast (2020-2032)

9.1.6. DDoS

9.1.6.1. Market Revenue and Forecast (2020-2032)

9.1.7. Risk & Compliance Management

9.1.7.1. Market Revenue and Forecast (2020-2032)

9.1.8. Others

9.1.8.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Cyber Security Market, By Services

10.1. Cyber Security Market, by Services, 2023-2032

10.1.1. Professional Services

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Managed Services

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Cyber Security Market, By Deployment

11.1. Cyber Security Market, by Deployment, 2023-2032

11.1.1. Cloud-based

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. On-premises

11.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Cyber Security Market, By Organization Size

12.1. Cyber Security Market, by Organization Size, 2023-2032

12.1.1. SMEs

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Large Enterprises

12.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Cyber Security Market, By Application

13.1. Cyber Security Market, by Application, 2023-2032

13.1.1. IT & Telecom

13.1.1.1. Market Revenue and Forecast (2020-2032)

13.1.2. Retail

13.1.2.1. Market Revenue and Forecast (2020-2032)

13.1.3. BFSI

13.1.3.1. Market Revenue and Forecast (2020-2032)

13.1.4. Healthcare

13.1.4.1. Market Revenue and Forecast (2020-2032)

13.1.5. Defense/Government

13.1.5.1. Market Revenue and Forecast (2020-2032)

13.1.6. Manufacturing

13.1.6.1. Market Revenue and Forecast (2020-2032)

13.1.7. Energy

13.1.7.1. Market Revenue and Forecast (2020-2032)

13.1.8. Others

13.1.8.1. Market Revenue and Forecast (2020-2032)

Chapter 14. Global Cyber Security Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Component (2020-2032)

14.1.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.1.3. Market Revenue and Forecast, by Solution (2020-2032)

14.1.4. Market Revenue and Forecast, by Services (2020-2032)

14.1.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.1.6. Market Revenue and Forecast, by Application (2020-2032)

14.1.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.1.8. U.S.

14.1.8.1. Market Revenue and Forecast, by Component (2020-2032)

14.1.8.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.1.8.3. Market Revenue and Forecast, by Solution (2020-2032)

14.1.8.4. Market Revenue and Forecast, by Services (2020-2032)

14.1.8.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.1.8.6. Market Revenue and Forecast, by Application (2020-2032)

14.1.8.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.1.9.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.1.9.3. Market Revenue and Forecast, by Solution (2020-2032)

14.1.9.4. Market Revenue and Forecast, by Services (2020-2032)

14.1.9.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.1.9.6. Market Revenue and Forecast, by Application (2020-2032)

14.1.9.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2. Europe

14.2.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.2.3. Market Revenue and Forecast, by Solution (2020-2032)

14.2.4. Market Revenue and Forecast, by Services (2020-2032)

14.2.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.6. Market Revenue and Forecast, by Application (2020-2032)

14.2.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.8.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.2.8.3. Market Revenue and Forecast, by Solution (2020-2032)

14.2.8.4. Market Revenue and Forecast, by Services (2020-2032)

14.2.8.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.8.6. Market Revenue and Forecast, by Application (2020-2032)

14.2.8.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.9. Germany

14.2.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.9.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.2.9.3. Market Revenue and Forecast, by Solution (2020-2032)

14.2.9.4. Market Revenue and Forecast, by Services (2020-2032)

14.2.9.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.9.6. Market Revenue and Forecast, by Application (2020-2032)

14.2.9.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.10. France

14.2.10.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.10.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.2.10.3. Market Revenue and Forecast, by Solution (2020-2032)

14.2.10.4. Market Revenue and Forecast, by Services (2020-2032)

14.2.10.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.10.6. Market Revenue and Forecast, by Application (2020-2032)

14.2.10.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.11. Rest of Europe

14.2.11.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.11.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.2.11.3. Market Revenue and Forecast, by Solution (2020-2032)

14.2.11.4. Market Revenue and Forecast, by Services (2020-2032)

14.2.11.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.11.6. Market Revenue and Forecast, by Application (2020-2032)

14.2.11.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.3.3. Market Revenue and Forecast, by Solution (2020-2032)

14.3.4. Market Revenue and Forecast, by Services (2020-2032)

14.3.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.6. Market Revenue and Forecast, by Application (2020-2032)

14.3.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.8. India

14.3.8.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.8.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.3.8.3. Market Revenue and Forecast, by Solution (2020-2032)

14.3.8.4. Market Revenue and Forecast, by Services (2020-2032)

14.3.8.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.8.6. Market Revenue and Forecast, by Application (2020-2032)

14.3.8.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.9. China

14.3.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.9.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.3.9.3. Market Revenue and Forecast, by Solution (2020-2032)

14.3.9.4. Market Revenue and Forecast, by Services (2020-2032)

14.3.9.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.9.6. Market Revenue and Forecast, by Application (2020-2032)

14.3.9.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.10. Japan

14.3.10.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.10.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.3.10.3. Market Revenue and Forecast, by Solution (2020-2032)

14.3.10.4. Market Revenue and Forecast, by Services (2020-2032)

14.3.10.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.10.6. Market Revenue and Forecast, by Application (2020-2032)

14.3.10.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.11. Rest of APAC

14.3.11.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.11.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.3.11.3. Market Revenue and Forecast, by Solution (2020-2032)

14.3.11.4. Market Revenue and Forecast, by Services (2020-2032)

14.3.11.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.11.6. Market Revenue and Forecast, by Application (2020-2032)

14.3.11.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.4.3. Market Revenue and Forecast, by Solution (2020-2032)

14.4.4. Market Revenue and Forecast, by Services (2020-2032)

14.4.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.6. Market Revenue and Forecast, by Application (2020-2032)

14.4.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.8. GCC

14.4.8.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.8.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.4.8.3. Market Revenue and Forecast, by Solution (2020-2032)

14.4.8.4. Market Revenue and Forecast, by Services (2020-2032)

14.4.8.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.8.6. Market Revenue and Forecast, by Application (2020-2032)

14.4.8.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.9. North Africa

14.4.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.9.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.4.9.3. Market Revenue and Forecast, by Solution (2020-2032)

14.4.9.4. Market Revenue and Forecast, by Services (2020-2032)

14.4.9.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.9.6. Market Revenue and Forecast, by Application (2020-2032)

14.4.9.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.10. South Africa

14.4.10.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.10.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.4.10.3. Market Revenue and Forecast, by Solution (2020-2032)

14.4.10.4. Market Revenue and Forecast, by Services (2020-2032)

14.4.10.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.10.6. Market Revenue and Forecast, by Application (2020-2032)

14.4.10.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.11. Rest of MEA

14.4.11.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.11.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.4.11.3. Market Revenue and Forecast, by Solution (2020-2032)

14.4.11.4. Market Revenue and Forecast, by Services (2020-2032)

14.4.11.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.11.6. Market Revenue and Forecast, by Application (2020-2032)

14.4.11.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Component (2020-2032)

14.5.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.5.3. Market Revenue and Forecast, by Solution (2020-2032)

14.5.4. Market Revenue and Forecast, by Services (2020-2032)

14.5.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.5.6. Market Revenue and Forecast, by Application (2020-2032)

14.5.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.5.8. Brazil

14.5.8.1. Market Revenue and Forecast, by Component (2020-2032)

14.5.8.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.5.8.3. Market Revenue and Forecast, by Solution (2020-2032)

14.5.8.4. Market Revenue and Forecast, by Services (2020-2032)

14.5.8.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.5.8.6. Market Revenue and Forecast, by Application (2020-2032)

14.5.8.7. Market Revenue and Forecast, by Organization Size (2020-2032)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.5.9.2. Market Revenue and Forecast, by Security Type (2020-2032)

14.5.9.3. Market Revenue and Forecast, by Solution (2020-2032)

14.5.9.4. Market Revenue and Forecast, by Services (2020-2032)

14.5.9.5. Market Revenue and Forecast, by Deployment (2020-2032)

14.5.9.6. Market Revenue and Forecast, by Application (2020-2032)

14.5.9.7. Market Revenue and Forecast, by Organization Size (2020-2032)

Chapter 15. Company Profiles

15.1. BAE Systems Plc

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Broadcom, Inc.

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Centrify Corporation

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Check Point Software Technology Ltd.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Cisco Systems, Inc.

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. FireEye, Inc.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Fortinet, Inc.

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. International Business Machines Corporation

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Lockheed Martin Corporation

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. LogRhythm, Inc.

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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