Global Cyber Security Market: Insights & Forecast (2022-2026)

Executive Summary

The global cyber security market is forecasted to reach US$297.2 billion in 2026, experiencing growth at a CAGR of 7.54% during the period spanning from 2022 to 2026. Growth in the global cyber security market was supported by factors such as surge in cyber crime rate, increasing digitalization, rise in cyber security regulations, evolution of Internet of Things (IoT) devices, upsurge in web traffic, surge in tech startups, and rising e-commerce sales. However, the market growth is expected to be restrained by complexity of network infrastructure and higher reliance on traditional authentication methods.

The global cyber security market by type can be segmented as follows: security services, infrastructure protection, network security, identity access management, consumer security services, integrated risk management, data security, application security, cloud security and other information security software. In 2021, the dominant share of global cyber security market was held by security services, followed by infrastructure protection. The global cyber security market by end user can be segmented as follows: government, IT & telecom, banking, manufacturing, insurance, transportation, securities and others. The largest share of the market was being held by government, followed by IT & telecom and banking.

The global cyber security market by region can be segmented as follows: North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2021, the dominant share of market was being held by North America, followed by Europe and Asia Pacific. Factors such as surge in tech startups and rising e-commerce sales helped in boosting market growth.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Executive Summary

Scope of the report:

• The report provides a comprehensive analysis of the global cyber security market with potential impact of COVID-19.

• The major regional markets (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) have been analyzed.

• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

• The competitive landscape of the market, along with the company profiles of leading players (International Business Machines Corporation (IBM), Cisco Systems, Inc., Broadcom Inc., Palo Alto Networks, Inc., McAfee Corp., Check Point

Software Technologies Limited) are also presented in detail.

Key Target Audience:

• IT services companies

• Cyber security solution providers

• End Users (Businesses/Consumers)

• Investment Banks

• Government Bodies & Regulating Authorities

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

(2022-2026)

Network

Identity

Other

Global

Global Cyber Security Market Forecast by Value

Global Cyber Security Market Forecast by Value, 2017-2026 (US$ Billion)

Note: These are dummy figures. Please purchase the report for actual figures.

The global cyber security market is forecasted to reach US$xx billion in 2025, increasing from US$xx billion in 2021. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026. With the rise of data-centric businesses and the digital state, all connected, the value of data has increased. To protect this data from infiltrators, the businesses are channelling their spending on cyber security, which is expected to incline in future. Furthermore, the trends for internet of things (IoT), bring your own device (BYOD), artificial intelligence (AI), and machine learning in cyber security, are expected to increase the cyber security market growth in the coming years.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by Segment

Global Cyber Security Market by Segment (2021)

External 50%

Internal 50%

External Internal

Note: These are dummy figures. Please purchase the report for actual figures.

The global cyber security market can be segmented as follows: external cyber security and internal cyber security. In 2021, the dominant share of market was being held by external cyber security with a share of xx%. While internal cyber security segment held a share of xx%.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by Segment

Global External and Internal Cyber Security Market Forecast by Value (2022-2026) (US$ Billion) 2022E 2023E 2024E 2025E

Note: These are dummy figures. Please purchase the report for actual figures.

2026E

The global external cyber security market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026. The global internal cyber security market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026.

As industries become further digitalized and embedded into the cloud, both internal and external cyber attacks have become common leading to data breach. Thus, the use of cyber security products and services has become paramount in preventing such attacks and are expected to play an important role in future as well.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by Type

Global Cyber Security Market by Type (2021)

Application Security 10%

Network Security 10%

Identity Access Management 10% Infrastructure Protection 10% Data Security 10%

Cloud Security 10%

Other Information Security Software 10%

Integrated Risk Management 10% Security Services 10% Consumer Security Services 10%

Note: These are dummy figures. Please purchase the report for actual figures.

The global cyber security market by type can be segmented as follows: security services, infrastructure protection, network security, identity access management, consumer security services, integrated risk management, data security, application security, cloud security and other information security software. In 2021, the dominant share of xx% was being held by security services segment. This was being followed by infrastructure protection, network security, identity access management, consumer security services, integrated risk management, data security, application security, and cloud security which held a share of xx%, xx%, xx%, xx%, xx%, xx%, xx%, and xx%, respectively. And, the other information security software accounted for a share of xx% in the cyber security market.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by Type

Global Infrastructure Protection Market Forecast by Value (2022-2026) (US$ Billion)

Note: These are dummy figures. Please purchase the report for actual figures.

The global infrastructure protection market inclined to US$xx billion in 2021, from US$xx billion in 2020. The global infrastructure protection market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026.

The broad infrastructure protection portfolio safeguards networking and endpoint devices, and the data that travels between them, in one place. With threat volumes increasing and attacks becoming more sophisticated, critical infrastructure protection is essential to the wellbeing of any business, thus necessitating the infrastructure protection cyber security solutions.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by Type

Global Identity Access Management Market Forecast by Value (2022-2026) (US$ Billion)

Note: These are dummy figures. Please purchase the report for actual figures.

The global identity access management market value inclined to US$xx billion in 2021, from US$xx billion in 2020. The global identity access management market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026.

Identity access management (IAM) security ensures greater control of user access. By identifying, authenticating, and authorizing users, while prohibiting unauthorized ones, IAM security improves the efficiency and effectiveness of access management throughout the business.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by End User

Global Cyber Security Market by End User (2021)

Note: These are dummy figures. Please purchase the report for actual figures.

The global cyber security market by end user can be segmented as follows: government, IT & telecom, banking, manufacturing, insurance, transportation, securities and others. In 2021, government sector occupied the dominant share of xx%. This was being followed by IT & telecom, banking, manufacturing, insurance, transportation, securities and other end users with share of xx%, xx%, xx%, xx%, xx%, xx% and xx%, respectively.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by End User

Global Government Cyber Security Market Forecast by Value (2022-2026) (US$ Billion)

4 5

2022E 2023E 2024E 2025E 2026E

Note: These are dummy figures. Please purchase the report for actual figures.

The global government cyber security market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is foreseen to grow at a CAGR of xx% for the period spanning 2022-2026. Cyber security has proven to be a necessary investment for government agencies. Technology has provided new ways for government agencies to work, interact with citizens and improve overall operations. With technology constantly evolving, cyber criminals are constantly developing new ways to attack systems and the agencies that host them. Thus, in the interest of national security, government across the globe has increased their budget spending on cyber security.

Global Cyber Security Market by End User

Global IT & Telecom Cyber Security Market Forecast by Value (2022-2026) (US$ Billion)

2022E 2023E 2024E 2025E 2026E

Note: These are dummy figures. Please purchase the report for actual figures.

The global IT & telecom cyber security market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026. As cyber-attacks on telecom and IT networks and cloud data become more popular, the demand for cyber security solutions has increased. Furthermore, the increasing use of mobile and IoT devices has increased the incidents of data breach. This is expected to drive the need for IT & telecom cyber security solutions.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Cyber Security Market by Region

Global Cyber Security Market by Region (2021)

North America 20%

Europe 20% Asia Pacific 20% Latin America 20% Middle East & Africa 20%

Note: These are dummy figures. Please purchase the report for actual figures.

The global cyber security market by region can be segmented as follows: North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2021, North America recorded the highest share of xx%. This was being followed by Europe, Asia Pacific, Latin America and Middle East & Africa which held a share of xx%, xx%, xx% and xx%, respectively.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

North America Cyber Security Market Forecast by Value

North America Cyber Security Market Forecast by Value, (2019-2026) (US$ Billion) 2019 2020 2021 2022E 2023E 2024E 2025E 2026E

Note: These are dummy figures. Please purchase the report for actual figures.

North America cyber security market inclined to US$xx billion in 2021, from US$xx billion in 2020. North America cyber security market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026.

North America invests heavily in cyber security solutions to avoid theft of intellectual property and compromise systems used to monitor and control the country’s defense systems and capabilities. In fact, North America has hundreds of individual state and sector-specific privacy and data security laws. This region holds a dominant share in cyber security market and holds further opportunities of investment in cyber security.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

North America Cyber Security Market by Region

North America Cyber Security Market by Geography, (2021)

The US 50% Canada 50%

Note: These are dummy figures. Please purchase the report for actual figures.

North America cyber security market by geography can be segmented as follows: The US and Canada. In 2021, the dominant share of xx% was being held by the US. While Canada held a share of xx%. The US is a primary hub for all the major organizations across the world. The expansion of the retail industry and the growth of IoT are driving the demand for smart devices and mobiles in the region.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Asia Pacific Cyber Security Market Forecast by Value

Asia Pacific Cyber Security Market Forecast by

Value, (2019-2026) (US$ Billion)

Note: These are dummy figures. Please purchase the report for actual figures.

Asia Pacific cyber security market inclined to US$xx billion in 2021, from US$xx billion in 2020. Asia Pacific cyber security market is forecasted to reach US$xx billion in 2026, increasing from US$xx billion in 2022. The market is anticipated to grow at a CAGR of xx% for the period spanning 2022-2026.

With the recent outbreak of COVID-19, the Asia Pacific cyber security market is expected to witness significant growth as there are increasing trend of cyber-attacks through malware and ransomware in the context of COVID-19 which is forcing the organizations to adopt cyber security solutions as many of them have shifted to remote work atmosphere amid lockdown in various countries. The spending on cyber security in Asia Pacific region is predicted to accelerate at highest CAGR, in comparison to other regions.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Asia Pacific Cyber Security Market by Region

Asia Pacific Cyber Security Market by Geography, (2021)

Japan 15%

Australia & New Zealand 15% India 15%

China 15%

Rest of Asia Pacific 13%

ASEAN Countries 15% South Korea 15%

Note: These are dummy figures. Please purchase the report for actual figures.

Asia Pacific cyber security market by geography can be segmented as follows: China, India, Japan, ASEAN Countries, Australia & New Zealand, South Korea and Rest of Asia Pacific. In 2021, the dominant share of market was held by China with a share of xx%. This was followed by India, Japan, ASEAN Countries, Australia & New Zealand, South Korea and Rest of Asia Pacific which held a share of xx%, xx%, xx%, xx%, xx% and xx%, respectively.

Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

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