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Cybersecurity Market Size, Share Global Analysis Report, 2020–2026

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Cybersecurity Market By Component (Solutions and Services), By Solution/Offerings (Identity And Access Management, Infrastructure Security, Governance Risk & Compliance, Unified Vulnerability Management Service Offering, and Data Security & Privacy Service Offering), Deployment Type (Cloud and On-Premises), User Type (Large Enterprises and Small & Medium Enterprises), Industry Verticals (Aerospace & Defense, BFSI, Public sector, Retail, Healthcare, IT & Telecom, Energy & Utilities, Manufacturing, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global cybersecurity industry. The report analyzes and declares the historical and current trends analysis of the global cybersecurity industry and subsequently recommends the projected trends anticipated to be observed in the global cybersecurity market during the upcoming years.

Global Cybersecurity Market Size

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The global cybersecurity market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global cybersecurity market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global cybersecurity industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global cybersecurity industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global cybersecurity market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global cybersecurity industry. The global cybersecurity market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global cybersecurity sector. Key strategic developments in the global cybersecurity market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global cybersecurity market are appropriately highlighted in the report.

Cybersecurity is an integrated set of tools and technologies exploited to safeguard networks, programs, and data-loaded machines that can be accessed through any unlicensed dataset either intentionally or accidentally. Considerable progress has been observed in cybersecurity solutions during the past few years owing to the growing prevalence of cyber threats. The cybersecurity market will pursue a positive growth trend owing to the rising adoption of BYOD trend and IoT-based technologies among various multinational companies along with the growing incidences of phishing and malware threats in recent years.

Moreover, cloud storage and analytics technology are gaining high prominence in several data management industries. Hence, the demand for cybersecurity solutions to safeguard cloud data is increasing at a remarkable rate. However, the global cybersecurity market is potentially being hampered due to the obligations set for the cybersecurity services providers to comply with the regulations, standards, and complexities related to device security.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 140 Billion

Projected Market Size in 2026

USD 275 Billion

CAGR Growth Rate

11% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

McAfee, Cisco Systems, Microsoft, Rapid7, IBM Corporation, Trend Micro, Palo Alto Networks, FireEye, Sophos, AWS, Oracle, Symantec, Fortinet, Micro Focus, RSA Security, Check Point Software Technologies, Imperva, Proofpoint, F-Secure, and Cyberark, and Others

Key Segment

By Component, Offerings, Deployment Type, User Type, Industrial Vehicle, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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The global cybersecurity market research report delivers an acute valuation and taxonomy of the global cybersecurity industry by practically splitting the market on the basis of different components, offerings, deployment types, user types, industrial verticals, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global cybersecurity industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global cybersecurity industry is provided for the leading economies of the world.

The global cybersecurity market is segmented based on the component, offerings, deployment type, user type, industrial vertical, and region. The component segment bifurcates the global market into solutions and services. By offerings, the global industry is categorized into identity and access management (IAM), infrastructure security, governance, risk, & compliance, unified vulnerability management service offering, and data security and privacy service offering. Deployment type-wise, the global market is classified into cloud and on-premises. The user type segment divides the global market into Large enterprises and small & medium enterprises. By industrial vertical, the global cybersecurity market is segmented into aerospace & defense, BFSI, public sector, retail, healthcare, IT & telecom, energy & utilities, manufacturing, and others.

logoSome of the essential players operating in the global cybersecurity market, but not restricted to include

  • McAfee
  • Cisco Systems
  • Microsoft
  • Rapid7
  • IBM Corporation
  • Trend Micro
  • Palo Alto Networks
  • FireEye
  • Sophos
  • AWS
  • Oracle
  • Symantec
  • Fortinet
  • Micro Focus
  • RSA Security
  • Check Point Software Technologies
  • Imperva
  • Proofpoint
  • F-Secure
  • Cyberark
  • among others.

The taxonomy of the global cybersecurity industry by its scope and segmentation is as follows:

logo Component Segmentation Analysis

  • Solutions
  • Services

logo Offerings Segmentation Analysis

  • Identity and Access Management (IAM)
  • Infrastructure security
  • Governance, risk, & compliance
  • Unified vulnerability management service offering
  • Data security and Privacy service offering

logo Deployment Type Segmentation Analysis

  • Cloud
  • On-Premises

logo User Type Segmentation Analysis

  • Large enterprises
  • Small & medium enterprises

logo Industrial Vehicle Segmentation Analysis

  • Aerospace and Defense
  • BFSI
  • Public sector
  • Retail
  • Healthcare
  • IT and Telecom
  • Energy and Utilities
  • Manufacturing
  • Others

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  •  McAfee
  •  Cisco Systems
  •  Microsoft
  •  Rapid7
  •  IBM Corporation
  •  Trend Micro
  •  Palo Alto Networks
  •  FireEye
  •  Sophos
  •  AWS
  •  Oracle
  •  Symantec
  •  Fortinet
  •  Micro Focus
  •  RSA Security
  •  Check Point Software Technologies
  •  Imperva
  •  Proofpoint
  •  F-Secure
  •  Cyberark

Frequently Asked Questions

Cybersecurity is an integrated set of tools and technologies exploited to safeguard networks, programs, and data-loaded machines that can be accessed through any unlicensed dataset either intentionally or accidentally. Considerable progress has been observed in cybersecurity solutions during the past few years owing to the growing prevalence of cyber threats.
Ans: One of the major causes for the growth of the global cybersecurity market is "The rising adoption of BYOD trend and IoT-based technologies among various multinational companies along with the growing incidences of phishing and malware threats in recent years.".
According to a study, the global cybersecurity market size was worth around USD 140 billion in 2019 and is predicted to grow to around USD 275 billion by 2026.
The CAGR value of the cybersecurity market is expected to be around 11% during 2020-2026
Ans: The global cybersecurity market is expected to witness the highest growth in the "North America Region"
The global cybersecurity market is led by players like McAfee, Cisco Systems, Microsoft, Rapid7, IBM Corporation, Trend Micro, Palo Alto Networks, FireEye, Sophos, AWS, Oracle, Symantec, Fortinet, Micro Focus, RSA Security, Check Point Software Technologies, Imperva, Proofpoint, F-Secure, Cyberark, and others.