Global Cyber Security Market, By Type, By Solution, By Industry Vertical, By Services & By Region- Forecast and Analysis 2022-2028

Published: May 23, 2022 |

SkyQuest Technology Consulting Pvt. Ltd. | 127 Pages | Delivery time: 1-2 business days

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The Global Cyber Security Market was valued at USD 140.12 Billion in 2021, and it is expected to reach a value of USD 423.56 Billion by 2028, at a CAGR of more than 17.12% over the forecast period (2022 - 2028). Cyber security refers to the safeguarding of devices connected to the internet that protect against numerous risks in cyberspace. It involves protecting software, data, and hardware, as well as assisting in the prevention of fraudsters gaining access to devices or networks. Companies need cyber security to protect their data, cash, and intellectual property. Individuals require it for comparable reasons, despite the fact that intellectual property is less of a problem and the risk of losing critical information, such as family photographs, is greater. When it comes to public services or governmental organizations, cyber security assures that the public can continue to rely on them.

Cyber-attacks are a serious concern, particularly to high-value targets including government agencies, defense, and aerospace. Governments all around the world have strict cyber security regulations in place to protect individuals' and corporations' data and privacy. The market is being driven by such governmental rules and regulations.

Top-down and bottom-up approaches were used to estimate and validate the size of the global cyber security market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Aspects covered in this report:

The global cyber security market is segmented on the basis of type, solution, industry vertical, and services. Based on the type, the market is segmented as Network Security, Application Security, Mobile Security, Wireless Security, Cloud Security, and Others. Based on the solutions, the market is segmented as Disaster Recovery, Anti-malware And Anti-virus, Mobile Device Management, Firewalls, Authentication and Authorization, Intrusion Detection And Protection Systems (ID/IP Systems), Network Access Control, Data Loss Prevention, Encryption, DDOS Mitigation, Security Information And Event Management (SIEM), Whitelisting, and Other. Based on the industry vertical, the market is segmented into Government, Defense, Aerospace, Banking and Financial Services Industries, Travel and Transportation, Telecommunication, Healthcare, Retail, Manufacturing, and Others. Whereas, based on the services, the market is segmented as Consulting Services, Network Vulnerability Assessment, Managed Security Services, Design and Integration, and Others.

Driver

The key aspect driving the market growth includes the increasing demand for cybersecurity mesh. The cybersecurity mesh is a new paradigm about security architectures. It allows decentralized companies to deliver and extend security where it's required the most. It's a decentralized notion that tries to secure users' or computers' identities, and it's one of the most popular tactics right now. Whether on-premises or in the cloud, the goal is to limit access to an organization's network to authorized individuals (or systems). The cybersecurity mesh aids IT professionals in managing protection from each access point while also preventing attackers from obtaining access to the system.

Rising malware and phishing threats among enterprises are other factors encouraging cyber security adoption. Malware, such as viruses and Trojan horses, has significantly increased its ability to infiltrate, control, and damage entire electronic information networks. Cybercriminals frequently employ malware to gain control of devices or equipment in order to profit. This is done so that the machine may be used to carry out fraudulent transactions or criminal activities right away. This further drives the industry's growth.

Restraint

The factor that negatively impacts the market growth is the low cybersecurity budget and high installation costs. The budget for cybersecurity of emerging startups is insufficient in order to adopt Next-Generation Firewalls (NGFWs) and Advanced Threat Protection (ATP) technologies. Due to their limited financial resources, these businesses lack the necessary IT security infrastructure, resulting in a sluggish adoption of new technologies and corporate security solutions. Small businesses are tasked with managing budget finances for a variety of operational issues and business continuity plans; which limits the growth.

Key Market Trends

The key trend driving cloud computing services is the increasing shift of the consumers towards online services. The rising network of online services, such as banking and financial services, is also driving the market. In the last decade, only mobile payments surpassed the $400,000 million mark. With such large quantities of money transactions, cyber-attacks are always a possibility. Cyber security costs billions of dollars for businesses and governments. Hence, security of which requires cyber security, which, in turn, is projected to drive the market growth.

The expanding use of social media and cloud services is another important driving factor for the market. With a massive amount of personal information stored on web servers and cloud storage; hacking is always a possibility. The number of cases of personal information being hacked and made public is on the rise. Cyber security is also becoming more popular among individuals, which is driving market growth.

Airplane navigation and guidance systems are also vulnerable to cyber-attacks, which can have many further consequences. As a result, all ground and airborne activities require a solid security architecture for computers and networks. The rapid adoption of machine-to-machine technologies (M2M) in the aerospace and governments sector increased the focus on cybersecurity to combat cyber terrorism. This has further fueled the demand for the cybersecurity industry in this sector in recent years.

Product Code: SQSG50B2001

Executive Summary

Market overview

Exhibit: Executive Summary - Chart on Market Overview
Exhibit: Executive Summary - Data Table on Market Overview
Exhibit: Executive Summary - Chart on Global Cyber Security Market Characteristics
Exhibit: Executive Summary - Chart on Market by Geography
Exhibit: Executive Summary - Chart on Market Segmentation
Exhibit: Executive Summary - Chart on Incremental Growth
Exhibit: Executive Summary - Data Table on Incremental Growth
Exhibit: Executive Summary - Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
  - Drivers
  - Opportunities
  - Restraints
  - Challenges
SWOT Analysis

KEY MARKET INSIGHTS

Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
Macroeconomic Indicators

COVID IMPACT

Introduction
Impact On Economy-scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
Revised Market Size
- Exhibit: Data Table on Global Cyber Security Market size and forecast 2021-2028 ($ Billion)
Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2028 ($ Billion)
COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
  - Drivers
  - Opportunities
  - Restraints
  - Challenges
Regulatory Landscape
- Exhibit: Data Table on regulation from different region
SWOT Analysis
Porters Analysis
- Competitive rivalry
  - Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
  - Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
  - Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
  - Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
  - Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
Special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Cyber Security Market by Type

Market segments
Network Security
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Application Security
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Mobile Security
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Wireless Security
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Cloud Security
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Others
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)

Global Cyber Security Market by Solution

Market segments
Disaster Recovery
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Anti-malware
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Anti-virus
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Mobile Device Management
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Firewalls
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Authentication
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Authorization
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Intrusion Detection
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Protection Systems (ID/IP Systems)
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Network Access Control
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Data Loss Prevention
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Encryption
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
DDOS Mitigation
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Security Information
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Event Management (SIEM), Whitelisting,
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Other
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)

Global Cyber Security Market by Industry Vertical

Market segments
Government
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Defense
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Aerospace
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Banking
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Financial Services Industries, Travel
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Transportation
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Telecommunication
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Healthcare
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Retail
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Manufacturing
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Others
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)

Global Cyber Security Market by Services

Consulting Services
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Network Vulnerability Assessment
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Managed Security Services
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Design
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Integration
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Others
- Market Estimates & Forecast, 2021-2028
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)

Market Size by Region

Chart on Market share by geography 2021-2028 (%)
Data Table on Market share by geography 2021-2028(%)
North America
- Chart on Market share by country 2021-2028 (%)
- Data Table on Market share by country 2021-2028(%)
- USA
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Canada
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Europe
- Chart on Market share by country 2021-2028 (%)
- Data Table on Market share by country 2021-2028(%)
- Germany
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Spain
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- France
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- UK
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Rest of Europe
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Asia Pacific
- Chart on Market share by country 2021-2028 (%)
- Data Table on Market share by country 2021-2028(%)
- China
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- India
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Japan
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- South Korea
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Rest of Asia Pacific
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Latin America
- Chart on Market share by country 2021-2028 (%)
- Data Table on Market share by country 2021-2028(%)
- Brazil
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Rest of South America
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
Middle East & Africa (MEA)
- Chart on Market share by country 2021-2028 (%)
- Data Table on Market share by country 2021-2028(%)
- GCC Countries
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- South Africa
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)
- Rest of MEA
  - Exhibit: Chart on Market share 2021-2028 (%)
  - Exhibit: Market size and forecast 2021-2028 ($ Billion)

KEY COMPANY PROFILES

Competitive Landscape
- Total number of companies covered
  - Exhibit: companies covered in the report, 2021
- Top companies market positioning
  - Exhibit: company positioning matrix, 2021
- Top companies market Share
  - Exhibit: Pie chart analysis on company market share, 2021(%)
AVG Technologies (Czech Republic)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Check Point Software Technologies Ltd. (Israel)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Cisco Systems Inc. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Cyber Ark Software Ltd. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Dell Technologies Inc. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
FireEye Inc. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Fortinet (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
IBM Corporation (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Imperva (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Intel Security (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Palo Alto Networks Inc. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Proofpoint Inc. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Rapid7 Inc. (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Symantec Corporation (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Trend Micro Inc. (Japan)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments