Global Cyber Security Market 2022-2028

Description

List of Tables

Global Cyber Security Market Size, Share & Trends Analysis Report by Type (Network Security, Application Security, Mobile Security, Wireless Security, and Others), by Component (Solution and Service), and by Vertical (Government, Aerospace &Defence, BFSI, Travel &Transportation, Telecommunication, Healthcare, Retail, Manufacturing, and Others) Forecast Period (2022-2028)

The global cyber security market is anticipated to grow at a CAGR of 11.1% during the forecast period. The increasingrequirementand deployment ofcloud-based cybersecurity solutions by consumers across the globe is the primary factor that is driving the growth of the market. As per the Annual Reports of the IBM Corp. released in May 2020, the most widely adopted solutions of the company were cloud-based cybersecurity services and solutions by its customer to migrate to the cloud efficiently. Additionally, another major driving factor for the market is the growing social media. With tons of personal data being used on online servers and cloud storage. The threat of hacking always looms which in turn is increasing the demand forcyber security.

The global cyber security market is segmented based on type, component, and vertical. Based on the type, the market is segmented into network security, application security, mobile security, wireless security, and others. Based on the component, the market is sub-segmented into solutions (disaster recovery, anti-malware and anti-virus, mobile device management, firewalls, authentication and authorization, intrusion detection and protection systems (ID/ID systems), network access control, data loss prevention, encryption, DDOS mitigation, security information and event management (SIEM), whitelisting and other) and service (consulting services, network vulnerability assessment, managed security services, design and integration, and others). And, based on the vertical, the market is segmented into government, aerospace& defense, BFSI, travel &transportation, telecommunication, healthcare, retail, manufacturing, and others. Among the verticals, the BSFI segment is anticipated to grow at a considerable pace during the forecast period due to growing online payment transactions as well as other online banking services across the globe.

Geographically, the cyber security market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.Among these, regions, North Americais expected to holda prominent share in the marketdue to the presence of key market players in the region. However,the Asia-Pacific is anticipated to cater fastest market growth over the forecast period, owing to theincreasing demand for cyber security along with the growing IT industry in emerging economies such as China, India, and Japan.

The major companies serving the global cyber security market include Cisco Systems Inc., IBM Corp., CheckPoint Inc., Trend Micro, and Microsoft Corp. among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers andacquisitions, partnerships, geographical expansion, and collaborations to stay competitive in the market. For instance, in March 2021, IBM Security announced a new and enhanced service designed to help organizations manage their cloud security strategies, policies, and controls across hybrid cloud environments.

Research Methodology

The market study of the globalcyber security marketis incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size, andintended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. GlobalCyber Security Market research and analysis byType.

2. GlobalCyber Security MarketResearch and Analysis byComponent.

3. Global Cyber Security Market Research and Analysis by Vertical.

The Report Covers

Comprehensive research methodology of the global cyber securitymarket.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the globalcyber security market.
Insights about market determinants that are stimulating the globalcyber securitymarket.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: ICT-1101

Category- Security

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Cyber Security Market
Recovery Scenario of Global Cyber Security Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Cyber Security Market byType
- 4.1.1. Network Security
- 4.1.2. Application Security
- 4.1.3. Mobile Security
- 4.1.4. Wireless Security
- 4.1.5. Others
4.2. Global Cyber Security Market by Component
- 4.2.1. Solution
- 4.2.2. Services
4.3. Global Cyber Security Market by Vertical
- 4.3.1. Government
- 4.3.2. Aerospace&Defence
- 4.3.3. BFSI
- 4.3.4. Travel & Transportation
- 4.3.5. Telecommunication
- 4.3.6. Healthcare
- 4.3.7. Retail
- 4.3.8. Manufacturing
- 4.3.9. Others

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. AVG Securities
6.2. Booz Allen Hamilton
6.3. Capgemini
6.4. Cisco Systems Inc.
6.5. Clearwater Compliance LLC
6.6. CSC Corp.
6.7. CYBERARK SOFTWARE LTD.
6.8. Dell SecureWorks
6.9. Forcepoint
6.10. Fortinet, Inc.
6.11. Herjavec Group
6.12. IBM Corp.
6.13. Intel Corp.
6.14. Lockheed Martin
6.15. Palo Alto Networks
6.16. Root9B technologies Inc.
6.17. RSA Security
6.18. Symantec Corp.
6.19. Trend Micro