Cyber Security Market, by Technology, by Component (Hardware, Software, and Services), by Vertical and by Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

In a computing environment security includes both physical security and cyber security. Cyber security solution offer various security solutions to aid enterprises in improving threat protection against rapidly growing cyber-attacks. Enterprises adopt cyber security products and implement solutions in order to protect their critical data from security breaches such as cyber warfare, cyber terrorism, and cyber espionage. The security of computing devices is critical and any industry that uses computing devices is vulnerable to cyber-attacks.

Market Dynamics

The growth of the cyber security market is majorly get attributed to the increasing adoption of cloud computing networks and services. The use of cloud-based services such as Email, data backups, CRM, hosted office suites, and collaboration services, which requires a cyber-security system for data protection. For instance, according to Coherent Market Insights analysis, in the year 2021, approximately half of companies across the globe has 45% to 65% of their IT systems are cloud-based, and they are planning to increase the cloud-based services, which is expected to create a lucrative opportunity for the cyber-security market.

Moreover, an increasing amount of data generation is expected to propel the market growth of the cyber security market over the forecast period. For instance, according to IEA (International Energy Agency), internet traffic was get tripled between the years 2012 to 2017, and till 2017, 90% of the data of the world was getting created in the last two years only.

Market Taxonomy

On the basis of technology, the market is segmented into managed security services, end-point security, integration services, consulting services, unified threat management, and others. On the basis of component, the market is segmented into hardware, software (identity and access management, end-point security, and security and vulnerability management), and services. On the basis of vertical the market is segmented into banking, discrete manufacturing, government agencies, process manufacturing, healthcare, telecommunication, energy and utility, investment services, and others .

Key features of the study:

• This report provides in-depth analysis of Cyber Security market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the Global Cyber Security Market systems based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as part of this study include Symantec Corporation, IBM Corporation, Check Point Software Technologies, Microsoft Corp, Trend Micro Incorporated, Lockheed Martin Corporation, Sophos Ltd, Intel Corporation, Verizon Communication Inc., and SecureWorks Inc.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, product upgrades, market expansion, and marketing tactics
• The Global Cyber Security Market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Cyber Security Market.

Detailed Segmentation:

• Global Cyber Security Market, By Technology:
  • Managed Security Services
  • End-point Security
  • Integration Services
  • Consulting Services
  • Unified Threat Management
  • Others
• Global Cyber Security Market, By Component:
  • Hardware
  • Software
    • Identity and Access Management
    • End-point Security
    • Security and Vulnerability Management
  • Services
• Global Cyber Security Market, By Vertical:
  • Banking
  • Discrete Manufacturing
  • Government Agencies
  • Process Manufacturing
  • Healthcare
  • Telecommunication
  • Energy and Utility
  • Investment Services
  • Others
• Global Cyber Security Market, By Region:
  • North America
    • By Technology:
    • Managed Security Services
    • End-point Security
    • Integration Services
    • Consulting Services
    • Unified Threat Management
    • Others
    • By Component:
    • Hardware
    • Software
    • Identity and Access Management
    • End-point Security
    • Security and Vulnerability Management
    • Services
    • By Vertical:
    • Banking
    • Discrete Manufacturing
    • Government Agencies
    • Process Manufacturing
    • Healthcare
    • Telecommunication
    • Energy and Utility
    • Investment Services
    • Others
    • By Country:
    • U.S.
    • Canada
  • Europe
    • By Technology:
    • Managed Security Services
    • End-point Security
    • Integration Services
    • Consulting Services
    • Unified Threat Management
    • Others
    • By Component:
    • Hardware
    • Software
    • Identity and Access Management
    • End-point Security
    • Security and Vulnerability Management
    • Services
    • By Vertical:
    • Banking
    • Discrete Manufacturing
    • Government Agencies
    • Process Manufacturing
    • Healthcare
    • Telecommunication
    • Energy and Utility
    • Investment Services
    • Others
    • By Country:
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • By Technology:
    • Managed Security Services
    • End-point Security
    • Integration Services
    • Consulting Services
    • Unified Threat Management
    • Others
    • By Component:
    • Hardware
    • Software
    • Identity and Access Management
    • End-point Security
    • Security and Vulnerability Management
    • Services
    • By Vertical:
    • Banking
    • Discrete Manufacturing
    • Government Agencies
    • Process Manufacturing
    • Healthcare
    • Telecommunication
    • Energy and Utility
    • Investment Services
    • Others
    • By Country:
    • China
    • India
    • Japan
    • Australia & New Zealand
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • By Technology:
    • Managed Security Services
    • End-point Security
    • Integration Services
    • Consulting Services
    • Unified Threat Management
    • Others
    • By Component:
    • Hardware
    • Software
    • Identity and Access Management
    • End-point Security
    • Security and Vulnerability Management
    • Services
    • By Vertical:
    • Banking
    • Discrete Manufacturing
    • Government Agencies
    • Process Manufacturing
    • Healthcare
    • Telecommunication
    • Energy and Utility
    • Investment Services
    • Others
  • Middle East & Africa
    • By Technology:
    • Managed Security Services
    • End-point Security
    • Integration Services
    • Consulting Services
    • Unified Threat Management
    • Others
    • By Component:
    • Hardware
    • Software
    • Identity and Access Management
    • End-point Security
    • Security and Vulnerability Management
    • Services
    • By Vertical:
    • Banking
    • Discrete Manufacturing
    • Government Agencies
    • Process Manufacturing
    • Healthcare
    • Telecommunication
    • Energy and Utility
    • Investment Services
    • Others
    • By Country
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
• Company Profiles
  • Symantec Corporation *
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/ Updates
  • IBM Corporation
  • Check Point Software Technologies
  • Microsoft Corp
  • Trend Micro Incorporated
  • Lockheed Martin Corporation
  • Sophos Ltd
  • Intel Corporation
  • Verizon Communication Inc.
  • SecureWorks Inc.

"*" marked represents similar segmentation in other categories in the respective section.