Market Research Report
Global Cybersecurity Market Report, History and Forecast 2017-2028
|Global Cybersecurity Market Report, History and Forecast 2017-2028|
Published: May 26, 2022
Content info: 118 Pages
Delivery time: 2-3 business days
The research report studies the Cybersecurity market using different methodologies and analyses to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Cybersecurity market size was value at US$ 136,624 million in 2021 and is forecast to be a readjusted size of US$ 261,678 million by 2028 with a CAGR of 9.74% during the forecast period 2022-2028.
The global main companies of Cybersecurity include Palo Alto Networks, Cisco, IBM, Fortinet, Check Point, McAfee and Trend Micro, etc. In 2021, the global six largest players have a share approximately 13.44% in terms of revenue.
The North America Cybersecurity market size was US$ 62,641 million in 2021, while China was US$ 9,132 million. The proportion of the China was 6.68% in 2021 and it is predicted that the share will reach 11.62% in 2028, trailing a CAGR of 17.98% through the analysis period. As for the Europe Cybersecurity landscape, Germany is projected to reach US$ 11,281 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 8.98% and 8.56% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Service accounting for 45.50% of the Cybersecurity global market in 2021, is projected to value US$ 131,989 million by 2028, growing at a revised 11.38% CAGR from 2022 to 2028. While BFSI segment is altered to an 12.02% CAGR throughout this forecast period and will hold a share about 21.74% in 2028.
The global Cybersecurity market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cybersecurity market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.