Cybersecurity Services Global Market Report 2025

Cybersecurity involves safeguarding networks, computers, mobile devices, hardware, electronic systems, and data from digital or malicious attacks, also referred to as electronic information security and information technology security.

The primary security categories of cybersecurity services include network security, endpoint security, application security, cloud security, and others. Endpoint security focuses on preventing malicious actors and campaigns from exploiting endpoints or entry points on end-user devices, including desktops, laptops, and mobile devices. These services find applications across various industry verticals, such as aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, among others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the ensuing trade tensions in spring 2025 are having a significant impact on the information technology sector, especially in hardware manufacturing, data infrastructure, and software deployment. Increased duties on imported semiconductors, circuit boards, and networking equipment have driven up production and operating costs for tech companies, cloud service providers, and data centers. Firms that depend on globally sourced components for laptops, servers, and consumer electronics are grappling with extended lead times and mounting pricing pressures. At the same time, tariffs on specialized software and retaliatory actions by key international markets have disrupted global IT supply chains and dampened foreign demand for U.S.-made technologies. In response, the sector is ramping up investments in domestic chip production, broadening its supplier network, and leveraging AI-powered automation to improve resilience and manage costs more effectively.

The cybersecurity services market research report is one of a series of new reports from The Business Research Company that provides cybersecurity services market statistics, including cybersecurity services industry global market size, regional shares, competitors with a cybersecurity services market share, detailed cybersecurity services market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity services industry. This cybersecurity services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cybersecurity services market size has grown strongly in recent years. It will grow from $97.03 billion in 2024 to $105.8 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rise in disposable income, high valuations of software companies and technology development.

The cybersecurity services market size is expected to see rapid growth in the next few years. It will grow to $158.4 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increase in the frequency and sophistication of cyberattacks, internet of things (IoT), increase in internet penetration, need for authentication techniques and emergence. Major trends in the forecast period include focusing on leveraging ai, machine learning and blockchain technologies for cyber defense, offering cloud-based cybersecurity services, using data analysis to enhance cybersecurity services, adopting ISO 9001 standards to deliver quality services and adopting automation and integration in cybersecurity.

The forecast of 10.6% growth over the next five years reflects a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. Service delivery costs may rise as firms face higher prices for offshore penetration testing suites and endpoint security frameworks developed in Eastern Europe, reducing cost efficiency in U.S. operations. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The rising frequency of large-scale cyber-attacks is a significant factor contributing to the growth of the cybersecurity services market. The primary motivations behind cybercrimes include political competition, financial gain, reputational damage, foreign rivalry, and the radical involvement of religious groups. Most cyber-attacks aim for financial profit. Notable ransomware attacks such as WannaCry, Petya, NotPetya, and BadRabbit have specifically targeted major businesses and government institutions. For example, on November 20, 2023, the Department of Defence Australia reported that the Australian Cyber Security Centre received over 94,000 cybercrime reports during the 2022-2023 financial year, indicating a 23 percent increase compared to the previous year, 2021-22. Consequently, the rise in massive cyber-attacks is prompting companies to integrate cybersecurity measures into their systems and operations to prevent failures, thus driving the growth of the cybersecurity services market.

The rising cybersecurity budgets are expected to accelerate the growth of the cybersecurity services market in the future. A cybersecurity budget refers to the financial resources an organization allocates to safeguard its information assets against cyber threats. Adequate budgeting enables organizations to invest in more advanced and comprehensive cybersecurity services. For instance, in March 2024, the Federal News Network, a U.S.-based media outlet, reported that the Biden administration is proposing $13 billion in cybersecurity funding for civilian departments in its fiscal 2025 budget, a notable increase from the $11.8 billion allocated in fiscal 2024 and $11.3 billion in fiscal 2023. This funding is intended to strengthen the nation's cybersecurity measures in light of increasing threats. Therefore, the growth of cybersecurity budgets is driving the expansion of the cybersecurity services market.

Embracing AI, machine learning, and blockchain technologies for cyber defense emerges as a prominent trend in the cybersecurity services market. Cybersecurity vendors are integrating principles of artificial intelligence (AI) and machine learning into their solutions to effectively address risks in today's hyper-connected workplaces, offering swift identification, prevention, and response capabilities. Technological advancements, particularly in AI and machine learning, are empowering the fight against cybercrime. Vade Secure, a global email security firm, utilizes artificial intelligence and machine learning to protect over 600 million mailboxes across 76 countries from various threats, including spear phishing, ransomware, and malware. In August 2023, Abnormal Security, a US-based AI-driven email security platform, introduced CheckGPT, an AI-generated email detector. This innovative feature determines when generative AI technologies were likely used to produce email threats such as business email compromise (BEC) and other socially engineered attacks. Cybersecurity experts are leveraging AI and machine learning to address emerging cyber threats affecting individuals, businesses, and governments.

Major companies engaged in the cybersecurity services market are concentrating on developing cutting-edge technologies, such as cybersecurity services platforms, to deliver reliable services to their customers. A cybersecurity services platform serves as a centralized solution, providing organizations with a comprehensive array of cybersecurity services. For instance, in February 2022, Tata Consultancy Services, an Indian-based information technology services and consulting company, introduced the Cyber Defense Suite. This uniquely designed platform offers a 360-degree view and predictive intelligence, enabling proactive defense and response against evolving threats from a unified perspective. The platform provides executives with the confidence and flexibility to expand their digital businesses by offering a comprehensive range of quickly adaptable, modular cybersecurity services. The suite's automation and scalability reduce the total cost of ownership while empowering enterprises to operate with increased speed and agility.

Major companies operating in the cybersecurity services market include International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks Inc., Cisco Systems Inc., Proofpoint Inc., Fortinet Inc., Check Point Software Technologies Ltd., Sophos Group, Splunk Inc., StratoKey, QuintessenceLabs, Antiy Labs, Vkansee, AhnLab, Banff Cyber Technologies, Cyberops Infosec LLP, eSec Forte Technologies, MARLABS INC, Trend Micro, Mimecast, Ernst & Young (EY), Clearswift, PricewaterhouseCoopers (PwC), Becrypt, 6WIND, Barracuda Networks Inc., 8ack GmbH, Accelerated IT Services & Consulting oHG, IOActive, Armor, BT, BAE, Avast, Bitdefender, Kaspersky, Rostelecom, SafeTech, Anect, Cyber Dacians, AEC, Symantec, FireEye, BlackBerry, McAfee, Herjavec Group, Absolute, Arctic Wolf, Packetlabs Ltd., Clean Cloud, PhishX, Ibliss, Site Blindado, Safeway, Auth0, CoinFabrik, Groundworks Technologies, Nektra Advanced Computing, Aqua Security, BigID, Cato Networks, Checkmarx, Smartym Pro, Redwerk, TAIOS, Cyberbit, CyberArk, Westech, AVeS Cyber Security, Vance Cyber Security, CyberSec (Pty) Ltd, Lafont Innovation LLC, Enovise, Techinnovar Limited, CyberSOC, DataSixth, Onealliance.

North America was the largest region in the cybersecurity services market in 2024. Asia-Pacific was the second largest region in the global cybersecurity services market. The regions covered in the cybersecurity services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the cybersecurity services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The cybersecurity services market includes revenues earned by entities by providing services such as network security, application security, information security and operational security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Cybersecurity Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cybersecurity services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for cybersecurity services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cybersecurity services market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Security Types
• 2) By User Type: Large Enterprises, Small & Medium Enterprises
• 3) By Industry Verticals: Aerospace and Defense, BFSI, Public sector, Retail, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, Other Industry Verticals
• Subsegments:
• 1) By Network Security: Managed Security Services (MSS); Network Monitoring and Management; Incident Response Services; Security Assessment and Audits
• 2) By Endpoint Security: Endpoint Detection and Response (EDR) Services; Mobile Device Management (MDM) Services; Threat Hunting Services; Incident Response for Endpoints
• 3) By Application Security: Application Security Testing Services (SAST, DAST); Secure Code Review Services; Web Application Firewalls (WAF) Management; Application Vulnerability Assessment
• 4) By Cloud Security: Cloud Security Assessment Services; Cloud Access Security Broker (CASB) Services; Compliance and Risk Management for Cloud Environments; Cloud Security Monitoring Services
• 5) By Other Security Types: Identity and Access Management (IAM) Services; Security Awareness Training; Physical Security Services; Incident Management And Response Services
• Companies Mentioned: International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; Palo Alto Networks Inc.; Cisco Systems Inc.; Proofpoint Inc.; Fortinet Inc.; Check Point Software Technologies Ltd.; Sophos Group; Splunk Inc.; StratoKey; QuintessenceLabs; Antiy Labs; Vkansee; AhnLab; Banff Cyber Technologies; Cyberops Infosec LLP; eSec Forte Technologies; MARLABS INC; Trend Micro; Mimecast; Ernst & Young (EY); Clearswift; PricewaterhouseCoopers (PwC); Becrypt; 6WIND; Barracuda Networks Inc.; 8ack GmbH; Accelerated IT Services & Consulting oHG; IOActive; Armor; BT; BAE; Avast; Bitdefender; Kaspersky; Rostelecom; SafeTech; Anect; Cyber Dacians; AEC; Symantec; FireEye; BlackBerry; McAfee; Herjavec Group; Absolute; Arctic Wolf; Packetlabs Ltd.; Clean Cloud; PhishX; Ibliss; Site Blindado; Safeway; Auth0; CoinFabrik; Groundworks Technologies; Nektra Advanced Computing; Aqua Security; BigID; Cato Networks; Checkmarx; Smartym Pro; Redwerk; TAIOS; Cyberbit; CyberArk; Westech; AVeS Cyber Security; Vance Cyber Security; CyberSec (Pty) Ltd; Lafont Innovation LLC; Enovise; Techinnovar Limited; CyberSOC; DataSixth; Onealliance.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.