Cyber Security Market Size, Share & Trends Report

Cyber Security Market Size, Share & Trends Analysis Report By Component, By Security Type, By Solution, By Services, By Deployment, By Organization Size, By Verticals, By Region And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-1-68038-115-3
  • Number of Pages: 110
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2021
  • Industry: Technology

Market Segmentation

  • Cyber Security Component Outlook (Revenue, USD Billion, 2018 - 2030)
    • Hardware
    • Software
    • Services
  • Cyber Security Type Outlook (Revenue, USD Billion, 2018 - 2030)
    • Endpoint Security
    • Cloud Security
    • Network Security
    • Application Security
    • Infrastructure Protection
    • Data Security
    • Others (Wireless Security, Web & Content Security)
  • Cyber Security Solution Outlook (Revenue, USD Billion, 2018 - 2030)
    • Unified Threat Management (UTM)
    • IDS/IPS
    • DLP
    • IAM
    • SIEM
    • DDoS
    • Risk & Compliance Management
    • Others (Firewall, Antimalware, Antivirus)
  • Cyber Security Services Outlook (Revenue, USD Billion, 2018 - 2030)
    • Professional Services
      • Risk and Threat Assessment
      • Design, Consulting, and Implementation
      • Training & Education
      • Support & Maintenance
    • Managed Services
  • Cyber Security Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
    • Cloud-based
    • On-premises
  • Cyber Security Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)
    • SMEs
    • Large Enterprises
  • Cyber Security Application Outlook (Revenue, USD Billion, 2018 - 2030)
    • IT & Telecom
    • Retail
    • BFSI
    • Healthcare
    • Defense/Government
    • Manufacturing
    • Energy
    • Others (Education, Media & Entertainment)
  • Cyber Security Regional Outlook (Revenue, USD Billion, 2018 - 2030)
    • North America
      • North America Cyber Security Market Component Outlook
        • Hardware
        • Software
        • Services
      • North America Cyber Security Market Security Type Outlook
        • End Point Security
        • Cloud Security
        • Network Security
        • Application Security
        • Infrastructure Protection
        • Data Security
        • Others
      • North America Cyber Security Market Solution Outlook
        • United Threat Management (UTM)
        • IDS/IPS
        • DLP
        • IAM
        • SIEM
        • DDoS
        • Risk and Compliance Management
        • Others
      • North America Cyber Security Market Services Outlook
        • Professional Services
          • Risk and Threat Assessment
          • Design, Consulting, and Implementation
          • Training and Education
          • Support and Maintenance
        • Managed Services
      • North America Cyber Security Market Deployment Outlook
        • Cloud
        • On-premise
      • North America Cyber Security Market Enterprise Size Outlook
        • Small and medium-sized enterprises
        • Large enterprises
      • North America Cyber Security Market Vertical Outlook
        • IT & Telecom
        • Retail
        • BFSI
        • Healthcare
        • Defense/Government
        • Manufacturing
        • Energy
        • Others
      • U.S.
        • U.S. Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • U.S. Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • U.S. Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • U.S. Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • U.S. Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • U.S. Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • U.S. Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Canada
        • Canada Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Canada Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Canada Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Canada Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Canada Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
          • Canada Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Canada Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
    • Europe
      • Europe Cyber Security Market Component Outlook
        • Hardware
        • Software
        • Services
      • Europe Cyber Security Market Security Type Outlook
        • End Point Security
        • Cloud Security
        • Network Security
        • Application Security
        • Infrastructure Protection
        • Data Security
        • Others
      • Europe Cyber Security Market Solution Outlook
        • United Threat Management (UTM)
        • IDS/IPS
        • DLP
        • IAM
        • SIEM
        • DDoS
        • Risk and Compliance Management
        • Others
      • Europe Cyber Security Market Services Outlook
        • Professional Services
          • Risk and Threat Assessment
          • Design, Consulting, and Implementation
          • Training and Education
          • Support and Maintenance
        • Managed Services
      • Europe Cyber Security Market Deployment Outlook
        • Cloud
        • On-premise
      • Europe Cyber Security Market Enterprise Size Outlook
        • Small and medium-sized enterprises
        • Large enterprises
      • Europe Cyber Security Market Vertical Outlook
        • IT & Telecom
        • Retail
        • BFSI
        • Healthcare
        • Defense/Government
        • Manufacturing
        • Energy
        • Others
      • Germany
        • Germany Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Germany Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Germany Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Germany Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Germany Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
          • Germany Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Germany Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • UK
        • UK Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • UK Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • UK Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • UK Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • UK Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • UK Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • UK Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • France
        • France Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • France Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • France Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • France Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • France Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • France Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • France Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Italy
        • Italy Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Italy Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Italy Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Italy Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Italy Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Italy Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Italy Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Spain
        • Spain Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Spain Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Spain Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Spain Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Spain Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Spain Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Spain Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
    • Asia Pacific
      • Asia Pacific Cyber Security Market Component Outlook
        • Hardware
        • Software
        • Services
      • Asia Pacific Cyber Security Market Security Type Outlook
        • End Point Security
        • Cloud Security
        • Network Security
        • Application Security
        • Infrastructure Protection
        • Data Security
        • Others
      • Asia Pacific Cyber Security Market Solution Outlook
        • United Threat Management (UTM)
        • IDS/IPS
        • DLP
        • IAM
        • SIEM
        • DDoS
        • Risk and Compliance Management
        • Others
      • Asia Pacific Cyber Security Market Services Outlook
        • Professional Services
          • Risk and Threat Assessment
          • Design, Consulting, and Implementation
          • Training and Education
          • Support and Maintenance
        • Managed Services
      • Asia Pacific Cyber Security Market Deployment Outlook
        • Cloud
        • On-premise
      • Asia Pacific Cyber Security Market Enterprise Size Outlook
        • Small and medium-sized enterprises
        • Large enterprises
      • Asia Pacific Cyber Security Market Vertical Outlook
        • IT & Telecom
        • Retail
        • BFSI
        • Healthcare
        • Defense/Government
        • Manufacturing
        • Energy
        • Others
      • China
        • China Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • China Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • China Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • China Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • China Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • China Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • China Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • India
        • India Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • India Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • India Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • India Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • India Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • India Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • India Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Japan
        • Japan Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Japan Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Japan Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Japan Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Japan Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Japan Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Japan Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Australia
        • Australia Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Australia Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Australia Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Australia Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Australia Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Australia Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Australia Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • South Korea
        • South Korea Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • South Korea Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • South Korea Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • South Korea Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • South Korea Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • South Korea Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • South Korea Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
    • Latin America
      • Latin America Cyber Security Market Component Outlook
        • Hardware
        • Software
        • Services
      • Latin America Cyber Security Market Security Type Outlook
        • End Point Security
        • Cloud Security
        • Network Security
        • Application Security
        • Infrastructure Protection
        • Data Security
        • Others
      • Latin America Cyber Security Market Solution Outlook
        • United Threat Management (UTM)
        • IDS/IPS
        • DLP
        • IAM
        • SIEM
        • DDoS
        • Risk and Compliance Management
        • Others
      • Latin America Cyber Security Market Services Outlook
        • Professional Services
          • Risk and Threat Assessment
          • Design, Consulting, and Implementation
          • Training and Education
          • Support and Maintenance
        • Managed Services
      • Latin America Cyber Security Market Deployment Outlook
        • Cloud
        • On-premise
      • Latin America Cyber Security Market Enterprise Size Outlook
        • Small and medium-sized enterprises
        • Large enterprises
      • Latin America Cyber Security Market Vertical Outlook
        • IT & Telecom
        • Retail
        • BFSI
        • Healthcare
        • Defense/Government
        • Manufacturing
        • Energy
        • Others
      • Brazil
        • Brazil Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Brazil Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Brazil Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Brazil Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Brazil Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Brazil Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Brazil Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Mexico
        • Mexico Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Mexico Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Mexico Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Mexico Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Mexico Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Mexico Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Mexico Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Argentina
        • Argentina Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Argentina Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Argentina Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Argentina Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Argentina Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Argentina Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Argentina Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
    • Middle East & Africa
      • Middle East & Africa Cyber Security Market Component Outlook
        • Hardware
        • Software
        • Services
      • Middle East & Africa Cyber Security Market Security Type Outlook
        • End Point Security
        • Cloud Security
        • Network Security
        • Application Security
        • Infrastructure Protection
        • Data Security
        • Others
      • Middle East & Africa Cyber Security Market Solution Outlook
        • United Threat Management (UTM)
        • IDS/IPS
        • DLP
        • IAM
        • SIEM
        • DDoS
        • Risk and Compliance Management
        • Others
      • Middle East & Africa Cyber Security Market Services Outlook
        • Professional Services
          • Risk and Threat Assessment
          • Design, Consulting, and Implementation
          • Training and Education
          • Support and Maintenance
        • Managed Services
      • Middle East & Africa Cyber Security Market Deployment Outlook
        • Cloud
        • On-premise
      • Middle East & Africa Cyber Security Market Enterprise Size Outlook
        • Small and medium-sized enterprises
        • Large enterprises
      • Middle East & Africa Cyber Security Market Vertical Outlook
        • IT & Telecom
        • Retail
        • BFSI
        • Healthcare
        • Defense/Government
        • Manufacturing
        • Energy
        • Others
      • UAE
        • UAE Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • UAE Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • UAE Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • UAE Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • UAE Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • UAE Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • UAE Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • Saudi Arabia
        • Saudi Arabia Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • Saudi Arabia Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • Saudi Arabia Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • Saudi Arabia Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • Saudi Arabia Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • Saudi Arabia Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • Saudi Arabia Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others
      • South Africa
        • South Africa Cyber Security Market Component Outlook
          • Hardware
          • Software
          • Services
        • South Africa Cyber Security Market Security Type Outlook
          • End Point Security
          • Cloud Security
          • Network Security
          • Application Security
          • Infrastructure Protection
          • Data Security
          • Others
        • South Africa Cyber Security Market Solution Outlook
          • United Threat Management (UTM)
          • IDS/IPS
          • DLP
          • IAM
          • SIEM
          • DDoS
          • Risk and Compliance Management
          • Others
        • South Africa Cyber Security Market Services Outlook
          • Professional Services
            • Risk and Threat Assessment
            • Design, Consulting, and Implementation
            • Training and Education
            • Support and Maintenance
          • Managed Services
        • South Africa Cyber Security Market Deployment Outlook
          • Cloud
          • On-premise
        • South Africa Cyber Security Market Enterprise Size Outlook
          • Small and medium-sized enterprises
          • Large enterprises
        • South Africa Cyber Security Market Vertical Outlook
          • IT & Telecom
          • Retail
          • BFSI
          • Healthcare
          • Defense/Government
          • Manufacturing
          • Energy
          • Others

Cyber Security Market Dynamics

Driver: Growing incidences of cyber attacks

Cyberattacks have steadily become more sophisticated and their instances are increasing globally. As a result, losses stemming from cyberattacks are also rising steadily. While new networks are being rolled out and existing networks are being expanded, these networks are increasingly becoming vulnerable to cyber threats. Additionally, cybercrimes are rising due to the proliferation of smartphones and connected devices. Mobile devices are particularly vulnerable to cyber threats as they lack adequate security mechanisms. Privacy threats are particularly increasing for smartphone users as intruders remain keen on acquiring individuals’ personal information.

As the COVID-19 pandemic prompted most of the population to shift to e-learning, work-from-home, and virtual communication models, the vulnerability to cyber-attacks also increased. Additionally, Asia Pacific has become very popular as a target for cyber-attackers, which is creating a snowball effect, with more cyber-attackers getting attracted owing to the perception of higher chances of succeeding in cyberattacks. Online transactions being done by individuals via desktop computers and laptops are equally exposed to intruders’ hacking attempts. Turkey and China were hit the hardest by ransomware attacks in 2017. Employees of smaller organizations are more likely to be affected by email threats such as spamming, phishing, and email malware due to lack of budget and skills. As reported by Munich RE, ransomware, phishing and social engineering, and business email compromise are some of the top threats, which continued their growth throughout the pandemic into 2021. These factors are driving demand for cyber security solutions globally.

Driver: Stringent government regulations

Stringent regulations being drafted by various governments across the world regarding data security and privacy protection & compliance are particularly expected to drive the demand for enterprise cybersecurity solutions. For instance, in April 2019, the Council of the European Union adopted the EU Cybersecurity Act, which introduced a system of certification schemes across Europe and also strengthened & revamped the EU Agency for Cybersecurity (ENISA). In Singapore, the Cybersecurity Act (CSA), which was passed in 2018, establishes a legal framework for the maintenance of national cybersecurity, covering 32 jurisdictions for monitoring criminal offenses such as hacking, denial-of-service attack, phishing, and malware attack, among others.

In Brazil, the Brazilian Data Protection Law was approved in August 2018, which is expected to come into force in August 2020. Under this law, organizations would be required to initiate technical, security, and administrative measures to safeguard personal data. The National Data Protection Authority will have the power to enforce the law and penalize non-complying organizations.

In the U.K., the National Cyber Security Centre (NCSC), a part of the Government Communications Headquarters (GCHQ) since 2016, has been heading the cybersecurity mission. The NCSC helps safeguard critical services from cyberattacks, improving the underlying security of the Internet through technological enhancements, and managing significant incidents. In Europe, the European Union's Cybersecurity Act came into effect in June 2019, to strengthen the European Union Agency for Network and Information Security (ENISA) for helping member states in understanding and implementing cyber security threats.

Moreover, in Germany, the national cyber security strategy (NCSS) was revised in 2016 in response to the growing number of threats targeting critical infrastructure, government institutions, businesses, and citizens. Germany’s public and private sectors have been equally affected by targeted failures. The NCSS is aimed at improving the framework conditions in Germany. The government is contributing substantially to secure cyberspace to maintain and promote social and economic prosperity. These examples showcase the strong demand for cybersecurity services globally

Restraint: High implementation and maintenance costs

High costs associated with the implementation of cyber security solutions are anticipated to pose a challenge to market growth. With each emerging technology, telecom companies are required to upgrade their infrastructure to blend in with new technology, which creates loopholes that can be exploited by cybercriminals. For instance, the emergence of 5G technology requires telecom carriers to shift from hardware-based infrastructures to software-based infrastructure. Transition to new technology renders the old security ineffective, thereby creating a risk of cyber-attack. While telecom companies spend huge amounts to implement new technologies, they are also expected to incur significant amounts to implement the latest cybersecurity solutions.

Additionally, the implementation of new technologies paves way for the introduction of new threats unrecognized by existing security solutions. For instance, the Bring Your Own Device (BYOD) trend during the pandemic disrupted the perimeter defense that existed while working from office premises. As such, this puts the companies’ endpoint devices at cyber risk while also introducing some new threats to the system. With changes in the technology landscape, companies also need to upgrade their security solutions to ensure optimum data protection.

Firewalls and detection sensors often cost as much as 100,000 Euros, while costs of monitoring platforms and security equipment are estimated at even higher rates. As such, it gets difficult for telecom firms to shell high upfront costs to implement new cyber security solutions within short periods. Furthermore, according to research conducted by Beazley Group in 2020, 62% of small and medium enterprises were subjected to ransomware attacks. Small and medium enterprises (SMEs) generally have weak security or outdated security infrastructure owing to which they are targeted by hackers. These enterprises have limited budgets, making it difficult for them to upgrade or install new security frameworks, thereby limiting the growth potential of this industry.

What Does This Report Include?

This section will provide insights into the contents included in this cyber security market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Cyber security market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Cyber security market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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