Global Cyber Security Market Size & Outlook, 2023-2030
The cyber security industry worldwide is expected to reach a projected revenue of US$ 500,698.7 million by 2030. A compound annual growth rate of 12.3% is expected of the worldwide cyber security industry from 2024 to 2030.
Revenue, 2023 (US$M)
$222,662.1
Forecast, 2030 (US$M)
$500,698.7
CAGR, 2024 - 2030
12.3%
Report Coverage
Worldwide
Global cyber security market, 2018-2030 (US$M)
Related Markets
Global cyber security market highlights
- The global cyber security market generated a revenue of USD 222,662.1 million in 2023 and is expected to reach USD 500,698.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.3% by 2030.
- In terms of segment, services accounted for a revenue of USD 119,283.7 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 222,662.1 million |
| Market revenue in 2030 | USD 500,698.7 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 34.4% of the global cyber security market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 8,308.0 million by 2030.
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Cyber Security Market Scope
Cyber security market segmentation & scope
Hardware
Unified threat management
IDS/IPS
DLP
IAM
SIEM
DDoS
Risk and compliance management
Others
Risk and Threat Assessment
Design, Consulting, and Implementation
Training & Education
Support & Maintenance
Managed services
Endpoint security
Cloud Security
Network Security
Application Security
Infrastructure Protection
Data Security
Others
Application
IT & Telecom
Retail
BFSI
Healthcare
Defense/Government
Manufacturing
Energy
Others
Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cyber security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cyber security market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 53.57% in 2023. Horizon Databook has segmented the Global cyber security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cyber Security Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Unified threat management
- IDS/IPS
- DLP
- IAM
- SIEM
- DDoS
- Risk and compliance management
- Others
- Services
- Professional services
- Risk and Threat Assessment
- Design, Consulting, and Implementation
- Training & Education
- Support & Maintenance
- Managed services
- Professional services
- Global Cyber Security Security Type Outlook (Revenue, USD Million, 2018-2030)
- Endpoint security
- Cloud Security
- Network Security
- Application Security
- Infrastructure Protection
- Data Security
- Others
- Global Cyber Security Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-Premise
- Global Cyber Security Organization Size Outlook (Revenue, USD Million, 2018-2030)
- Small and Medium Enterprise (SMEs)
- Large Enterprises
- Global Cyber Security Application Outlook (Revenue, USD Million, 2018-2030)
- IT & Telecom
- Retail
- BFSI
- Healthcare
- Defense/Government
- Manufacturing
- Energy
- Others
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Target buyers of Global cyber security market databook
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Our clientele includes a mix of cyber security market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cyber security market , including forecasts for subscribers. This global databook contains high-level insights into Global cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cyber security market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cyber security market size, 2023 (US$M)
Global cyber security market share, by component, 2023 & 2030 (%, US$M)
Cyber security market: Opportunity assessment by country
Global cyber security market, by region, 2023 (US$M)
Related regional statistics
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