Market Research Report
Australia Cyber Security Market By Security Type, By Solutions Type, By Deployment Mode, By End Use Industry, By Company, By Region, Forecast & Opportunities, 2026
|Published by||TechSci Research||Product code||986358|
|Published||Content info||78 Pages
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|Australia Cyber Security Market By Security Type, By Solutions Type, By Deployment Mode, By End Use Industry, By Company, By Region, Forecast & Opportunities, 2026|
|Published: January 1, 2021||Content info: 78 Pages||
Australia Cyber Security Market By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Content Security, Others), By Solutions Type (Identity & Access Management, Risk & Compliance Management, Encryption & Decryption, Data Loss Prevention, Unified Threat Management, Firewall, Antivirus & Malware, Intrusion Detection/Prevention System, Infrastructure Security, Others), By Deployment Mode (On-Premise v/s Cloud), By End Use Industry (BFSI, IT & Telecom, Defense, Energy & Power, Retail, Healthcare and Others), By Company, By Region, Forecast & Opportunities, 2026.
The Australian Cyber Security Market is expected to grow at an impressive rate during the forecast period. The Australian Cyber Security Market is driven by the growing cyber security concerns from both internal and external sources within organizations. This has drastically increased the demand for organization security solutions in order to minimize the damage to the IT resources and important organizational data. This in turn is expected to positively impact the market growth during the forecast period. Furthermore, increasing adoption cloud computing, machine learning, IoT, AI, among others in cyber security solutions is expected to create lucrative opportunities for the market growth through 2026. However, dearth of skilled professionals to prevent cyber attacks and manage the cyber security solutions can hamper the market growth over the next few years. Besides, adhering to cyber security norms and standardization can also restrict the market growth.
The Australian Cyber Security Market is segmented based on security type, solution type, deployment mode, end-user industry, company, and region. Based on deployment mode, the market can be bifurcated into on-premise and cloud. The cloud segment is expected to dominate the market owing to the associated benefits such as scalability, flexibility, low operational costs, auto-update feature, among others. Based on end-user industry, the market can be fragmented into BFSI, IT & telecom, defense, energy & power, retail, healthcare and others. The healthcare segment is expected to hold a significant market share during the forecast period owing to the increased use of cyber security solutions in hospitals, diagnostic labs, clinics, ambulatory centers, among others to protect patient records.
The major players operating in the cyber security market are IBM Australia Ltd., Broadcom, Fortinet Australia, Cisco Systems Australia Pty Ltd, Oracle Corporation Australia Pty Ltd, Trend Micro Australia Pty Ltd, Microsoft Australia, Rapid7 Australia Pty Ltd., AWS Australia, Juniper Networks Australia Pty Ltd and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of the Australian Cyber Security Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, the Australian Cyber Security Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Identity & Access Management
Risk & Compliance Management
Encryption & Decryption
Data Loss Prevention
Unified Threat Management
Antivirus & Malware
Intrusion Detection/Prevention System
IT & Telecom
Energy & Power
New South Wales
Company Profiles: Detailed analysis of the major companies present in the Australian Cyber Security Market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: