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Market Research Report
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1102810

Cybersecurity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 145 Pages | Delivery time: 2-3 business days

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Cybersecurity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: July 12, 2022
IMARC Services Private Limited
Content info: 145 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global cybersecurity market reached a value of US$ 221.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 412.3 Billion by 2027, exhibiting a CAGR of 10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Cybersecurity refers to the practice of protecting servers, networks, programs, computers, mobile devices, and other electronic systems from malicious attacks. It relies on various technologies to help organizations reduce vulnerability to cyber-attacks and protect critical information systems without interfering with the customer experience. For instance, identity and access management (IAM) enables users to log into the network without re-entering credentials and provides deep visibility into suspicious activity and faster investigation and response times. At present, due to the growing instances of data breaches, organizations across the globe are adopting cybersecurity solutions to prevent cyber threats.

Cybersecurity Market Trends:

  • Due to the coronavirus disease (COVID-19) outbreak and consequent lockdowns imposed by governing agencies of numerous countries, enterprises are adopting remote working models across the globe. This is positively influencing the demand for cybersecurity solutions to enable employees work from any device, at any time, from any location, and support business continuity amid pandemic challenges. Besides this, cybercriminals usually target customer personally identifiable information (PII), such as names, addresses, national identification numbers, and credit card details, thereby resulting in the loss of customer trust, regulatory fines, and legal action. In confluence with this, the escalating use of online banking services is promoting the adoption of cybersecurity solutions in the banking, financial services, and insurance (BFSI) sector around the world. In addition, the leading companies are offering comprehensive cybersecurity strategies with automated technologies, such as advanced analytics, artificial intelligence (AI), and machine learning (ML), to minimize the impact of breaches. Furthermore, non-regulatory governing agencies are creating cybersecurity frameworks that address threats and support business, which is creating a positive outlook for the market.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global cybersecurity market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment type, user type and industry vertical.

Breakup by Component:

  • Solutions
  • Services

Breakup by Deployment Type:

  • Cloud-based
  • On-premises

Breakup by User Type:

  • Large Enterprises
  • Small and Medium Enterprises

Breakup by Industry Vertical:

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

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture PLC, Broadcom Inc., Capgemini Service SAS, Cisco Systems, Inc., Cognizant Technology Solutions Corporation, HCL Technologies Ltd., Infosys Limited, International Business Machines Corporation (IBM), Lockheed Martin Corporation, Palo Alto Networks, Inc., Tata Consultancy Services Limited, Tech Mahindra Limited, Trend Micro Incorporated, and Wipro Limited.

Key Questions Answered in This Report:

  • How has the global cybersecurity market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cybersecurity market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the user type?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cybersecurity market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0722A152_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Cybersecurity Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Solutions
    • 6.1.1 Market Trends
    • 6.1.2 Key Segments
      • 6.1.2.1 Identity and Access Management (IAM)
      • 6.1.2.2 Infrastructure Security
      • 6.1.2.3 Governance, Risk and Compliance
      • 6.1.2.4 Unified Vulnerability Management Service Offering
      • 6.1.2.5 Data Security and Privacy Service Offering
      • 6.1.2.6 Others
    • 6.1.3 Market Forecast
  • 6.2 Services
    • 6.2.1 Market Trends
    • 6.2.2 Key Segments
      • 6.2.2.1 Professional Services
      • 6.2.2.2 Managed Services
    • 6.2.3 Market Forecast

7 Market Breakup by Deployment Type

  • 7.1 Cloud-based
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 On-premises
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by User Type

  • 8.1 Large Enterprises
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Small and Medium Enterprises
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Industry Vertical

  • 9.1 IT and Telecom
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Retail
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 BFSI
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Healthcare
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Defense/Government
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Manufacturing
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast
  • 9.7 Energy
    • 9.7.1 Market Trends
    • 9.7.2 Market Forecast
  • 9.8 Others
    • 9.8.1 Market Trends
    • 9.8.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Accenture PLC
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Broadcom Inc
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Capgemini Service SAS
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Cisco Systems Inc.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 Cognizant Technology Solutions Corporation
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 HCL Technologies Ltd.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Infosys Limited
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 International Business Machines Corporation (IBM)
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Lockheed Martin Corporation
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 Palo Alto Networks, Inc.
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Tata Consultancy Services Limited
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Tech Mahindra Limited
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis
    • 15.3.13 Trend Micro Incorporated
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio
      • 15.3.13.3 Financials
      • 15.3.13.4 SWOT Analysis
    • 15.3.14 Wipro Limited
      • 15.3.14.1 Company Overview
      • 15.3.14.2 Product Portfolio
      • 15.3.14.3 Financials
      • 15.3.14.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Cybersecurity Market: Major Drivers and Challenges
  • Figure 2: Global: Cybersecurity Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Cybersecurity Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: Cybersecurity Market: Breakup by Component (in %), 2021
  • Figure 5: Global: Cybersecurity Market: Breakup by Deployment Type (in %), 2021
  • Figure 6: Global: Cybersecurity Market: Breakup by User Type (in %), 2021
  • Figure 7: Global: Cybersecurity Market: Breakup by Industry Vertical (in %), 2021
  • Figure 8: Global: Cybersecurity Market: Breakup by Region (in %), 2021
  • Figure 9: Global: Cybersecurity (Solutions) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 10: Global: Cybersecurity (Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 11: Global: Cybersecurity (Services) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 12: Global: Cybersecurity (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 13: Global: Cybersecurity (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 14: Global: Cybersecurity (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 15: Global: Cybersecurity (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 16: Global: Cybersecurity (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 17: Global: Cybersecurity (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 18: Global: Cybersecurity (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 19: Global: Cybersecurity (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 20: Global: Cybersecurity (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 21: Global: Cybersecurity (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 22: Global: Cybersecurity (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 23: Global: Cybersecurity (Retail) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 24: Global: Cybersecurity (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 25: Global: Cybersecurity (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 26: Global: Cybersecurity (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 27: Global: Cybersecurity (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 28: Global: Cybersecurity (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 29: Global: Cybersecurity (Defense/Government) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 30: Global: Cybersecurity (Defense/Government) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 31: Global: Cybersecurity (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 32: Global: Cybersecurity (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 33: Global: Cybersecurity (Energy) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 34: Global: Cybersecurity (Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 35: Global: Cybersecurity (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 36: Global: Cybersecurity (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 37: North America: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 38: North America: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 39: United States: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 40: United States: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 41: Canada: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 42: Canada: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 43: Asia-Pacific: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 44: Asia-Pacific: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 45: China: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 46: China: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 47: Japan: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 48: Japan: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 49: India: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 50: India: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 51: South Korea: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 52: South Korea: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 53: Australia: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 54: Australia: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 55: Indonesia: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 56: Indonesia: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 57: Others: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 58: Others: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 59: Europe: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 60: Europe: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 61: Germany: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 62: Germany: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 63: France: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 64: France: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 65: United Kingdom: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 66: United Kingdom: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 67: Italy: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 68: Italy: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 69: Spain: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 70: Spain: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 71: Russia: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 72: Russia: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 73: Others: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 74: Others: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 75: Latin America: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 76: Latin America: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 77: Brazil: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 78: Brazil: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 79: Mexico: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 80: Mexico: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 81: Others: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 82: Others: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 83: Middle East and Africa: Cybersecurity Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 84: Middle East and Africa: Cybersecurity Market: Breakup by Country (in %), 2021
  • Figure 85: Middle East and Africa: Cybersecurity Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 86: Global: Cybersecurity Industry: SWOT Analysis
  • Figure 87: Global: Cybersecurity Industry: Value Chain Analysis
  • Figure 88: Global: Cybersecurity Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Cybersecurity Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Cybersecurity Market Forecast: Breakup by Component (in Million US$), 2022-2027
  • Table 3: Global: Cybersecurity Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
  • Table 4: Global: Cybersecurity Market Forecast: Breakup by User Type (in Million US$), 2022-2027
  • Table 5: Global: Cybersecurity Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
  • Table 6: Global: Cybersecurity Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 7: Global: Cybersecurity Market: Competitive Structure
  • Table 8: Global: Cybersecurity Market: Key Players