Cybersecurity Market

Cybersecurity Market by Solution (IAM, Encryption, UTM, Antivirus/Antimalware, Firewall, IDS/IPS, Disaster Recovery, and DDOS Mitigation), Service, Security Type, Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2023

Report Code: TC 3485 Oct, 2019, by marketsandmarkets.com
Updated date -

[244 Pages Report] MarketsandMarkets forecasts the Cybersecurity Market to grow from USD 152.71 billion in 2018 to USD 248.6 billion by 2023 at a CAGR of 10.2% from 2018 to 2023. The objective of this report  is to define,describe and forecast the cybersecurity market by component (solutions and services), security type, deployment mode, organization size, industry vertical and region. The study involved four major activities to estimate the current size of the cyber security market. Exhaustive secondary research was done to collect information on the cyber security market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of the segments and subsegments of the market. The major factors driving the cybersecurity market are increase in the frequency and sophistication of cyber-attacks, emergence of disruptive digital technologies like IoT, stringent data protection regulations for information security and increase in number of supply chain based attacks exploiting the software supply chain.

Cybersecurity Market

By component, the services segment is expected to grow at the highest growth rate during the forecast period

Among the components segment, the services segment is expected to grow at the highest CAGR during the forecast period. The cybsersecurity managed services is expected to witness a hgh growth due to increase in adoption of cloud-based services for managing critical infrastructure of enterprises.

By solution, the encryption segment is expected to record the highest CAGR during the forecast period

The encryption segment is expected to witness a faster growth rate in this market, as it is being rapidly accepted by various enterprises, because of its easy, flexible, affordable, and scalable features. It also provides the highest level of data security and dependability.

By deployment type, the on-premises mode to record the highest CAGR during the forecast period

The cloud deployment mode is expected to witness a faster growth rate in this market, as it is being rapidly accepted by various enterprises,as critical data is stored on cloud across various verticals. Also, they are cost efficient, do not require purchase, installation and maintenance of hardware or software.

Cybersecurity Market

North America to account for the largest market size during the forecast period.

North America is expected to hold the largest market size in the cybersecurity market during the forecast period, followed by the European region. The highest market share of North America is due to the presence of key market players in the region. Europe is anticipated to be the second largest region in terms of market size in the market owing to GDPR compliance. With the technological advancement in APAC, several factors are expected to drive the impressive growth of the region. The factors include rapid economic development, increased sophistication of cyber attacks, cloud-based solutions, globalization and massive penetration of smartphones and internet across consumers and business segments.

The Government vertical to account for the largest market size during the forecast period.

Government vertical is expected to hold the largest market size in the cybersecurity market during the forecast period, followed by the BFSI and Healthcare vertical. Increasing adoption of BYOD and IoT trends and the growing number of security breaches targeting endpoints are among the major driving factors of global market.

Cybersecurity Market Dynamics

Cybersecurity Market

Driver: Increase in the frequency and sophistication of cyber attacks.

The instances of massive cyber attacks globally is gradually increasing. Cyber terrorists attack endpoints, networks, data and other IT infrastructure that lead to a huge financial losses to the individuals, enterprises and governments. The primary motive behind cyber-criminals includes political rivalry , financial gain, harm reputation, international rivalry and radical religious group interest. The majority of cyber attacks are for financial gain. Ransomware, such as WannaCry, Petya, NotPetya, and BadRabbit, are some of the significant ransomware, which have affected enterprises and government organizations on a large scale. In March 2018, SamSam ransomware cyber-attack was triggered in the city of Atlanta, US. This type of ransomware is deployed on the computer system using brute-force attacks to guesstimate weak passwords and encrypt files. The consequences of the ransomware included inaccessibility to multiple municipal services, data leakage, and financial loss. The victim was demanded a ransom of around USD 50,000 worth Bitcoin. SamSam ransomware attacks are prominent among healthcare, government, and education industry verticals.

Restraint: Use of Pirated and open source cybersecurity solutions

Software piracy refers to the unauthorized copying and distribution of software or solutions. Counterfeiting of software has increased over the years, due to the availability of open source platforms. Software piracy helps illegitimate people in making a fake software copy, which is a replica of the original software. However, software piracy is cybercrime that encompasses illegal copying, sharing, selling, or installing of copyrighted software, and website downloading. There are several types of software piracy in which most prevalent types are softlifting, software counterfeiting, Original Equipment Manufacturer (OEM) bundling, hard disk loading, and renting. Internet-based piracy of software and solutions is one of the emerging issues in piracy. According to the BSA Global Software Survey, conducted in June 2018, 37% of the software installed on PCs across the globe were not licensed. Moreover, the study revealed about 46% of enterprises are concerned about the data loss caused due to malware threat from unlicensed software. The other significant enterprises concerns included unauthorized access into their network infrastructure which accounts to 40%, potential ransomware about 30%, system outages and downtime around 28%, and the time and cost to disinfect the network accounted to 25%. The region with the highest overall rate of unlicensed software was APAC, and Central and Eastern Europe that display the rate of 57%; followed by MEA at 56%, and North America with the lowest rate at 16%. Despite threats associated with piracy, enterprises, specifically SMEs, prefer pirated software, as they can be easily downloaded via illegal sources over the internet in minimal cost or free of cost. Various companies use pirated software because the original versions are expensive. A strong correlation exists between cybersecurity and usage of the unlicensed software; thus, the continuing use of pirated security software is one of the biggest restraints that hamper the growth of the cybersecurity market.

Opportunity: Leveraging AI, Machine learning and blockchain technologies for cyber defense.

Cybersecurity vendors are incorporating Artificial Intelligence (AI) and machine learning concepts into their solutions for addressing critical threats related to the hyper-connected workplace, with faster threat detection, mitigation, and response capabilities. The advancements in technologies, such as AI and machine learning, are turning the tides against cybercriminals. AI and machine learning-based cybersecurity solutions analyze a huge amount of data from the past threat records and identify new threats to save enterprise networks from infiltration attempts. AI and machine learning techniques play an integral role when it comes to identifying and safeguarding against the advanced security threats. According to Gemalto’s Breach Level Index 2017, the data breach recorded more than 2.5 billion compromised data records. For instance, in September 2017, Equifax witnessed cyber-attacks, which resulted in the loss of more than 140 million American customers’ sensitive information. The information that was stolen included names, addresses, social security numbers, date of birth, and driver license numbers. The cyber threats are increasing in number day by day, and conventional security solutions are incapable of detecting malware, ransomware, and other sophisticated cyber threats. Hence, cybersecurity professionals are leveraging AI and machine learning technologies for responding to the evolving cyber threats faced by individuals, businesses, and governments. Additionally, vendors are also looking into leveraging modern day concepts such as blockchain into fortifying the capabilities of their cybersecurity solutions and services, thus offering better protection and remediation for the enterprises. For instance, Guardtime, one of the key global blockchain technology players, is using blockchains to create a Keyless Signature Infrastructure (KSI), a substitute for the conventional Public Key Infrastructure (PKI) that uses asymmetric encryption and a cache of public keys that eventually helps in efficient management of keys and certificates. Moreover, blockchain technology can also be competently used to prevent DDoS attacks. Vendors such as Blockstack and MaidSafe are trying to achieve this by decentralizing DNS, distributing the contents to a large number of nodes and create a secure environment, making it nearly impossible for hackers to build a DDoS attack. Such advanced integration with technologies such as AI, machine learning and blockchain provides enterprise-grade security by automating the entire detection and mitigation of the cyber defense system, eventually driving the demand for advanced cybersecurity solutions and services over the next 5 years.

Challenge: Dearth of cybersecurity expertise for proactive strategic planning

Shortage of security skills among security professionals is a principal issue that is eminent across all the major security companies. Several organizations hire security professionals who lack the right skill to analyze and identify advanced threats while under a cyber-attack. Security professionals are required to have advanced skills in analytics, forensic investigations, and cloud computing security to combat with cyber-attacks that make them vulnerable. The increasing cybersecurity threats have given rise to the dearth of IT security skills and professionals. According to Cybrary’s 2016 Cyber Security Job Trends Report, more than two-thirds of organizations say there is a global dearth of skilled cybersecurity professionals. Only 13% of companies stated that cybersecurity talent was abundant in their local areas. Enterprises need to take additional steps to help close the cybersecurity skills gaps and make companies more secure. According to the Robert Walters Salary Survey 2018, salaries for cybersecurity professionals globally would increase by 7% in 2018. In the US, employers are finding that there is a major lack of qualified security professionals to fill their positions, which is expected to increase in the coming years. According to the Information Systems Audit and Control Association (ISACA), a non-profit information security advocacy group, there will be a dearth of 2 million cybersecurity professionals globally by 2019. Lack of pre-planning would hamper enterprises’ security operations and functionalities on a large scale. Preplanning helps enterprises in selecting solutions that have the functionalities of big data, machine learning, and AI. The lack of competent cybersecurity professionals for strategic, proactive security planning is becoming a significant challenge in the cybersecurity market.

Report Objectives

  • To determine and forecast the global cyber security market by component, solution, service, security type,deployment, organization size, vertical, and region from 2019 to 2024, and analyze the various macroeconomic and microeconomic factors that affect the market growth
  • To forecast the size of the market segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall cyber security market
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the cyber security market

Scope of the Cybersecurity Market Report

Report Metrics

Details

Market size available for years

2017-2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Value (USD)

Segments covered

Component, Solution, Service, Security Type, Deployment, Organization Size, Vertical, and Region

Geographies covered

North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America

Companies covered

25 major vendors, namely, include AWS (US), Check Point Software Technologies (Israel), Cisco Systems (US), Cyberark (US), F5 Networks (US), Fireeye (US), Forcepoint (US), Fortinet (US), F-Secure (Finland), IBM Corporation (US), Imperva (US), Juniper Networks (US), McAfee (US), Micro Focus (UK), Microsoft (US), Oracle (US), Palo Alto Networks (US), Proofpoint (US), Qualys (US), Rapid7 (US), RSA Security (US), Sophos (UK), Splunk (US), Symantec (US), and Trend Micro (Japan)

This research report categorizes the cyber security market to forecast revenues and analyze trends in each of the following submarkets:

Cybersecurity Market Based on Component:

  • Solution
  • Service

Cybersecurity Market Based on Solution:

  • Threat Intelligence
    • Identity and Access Management
    • Security and Vulnerability Management
    • Risk and Compliance Manangement
    • Others (Others include threat intelligence platforms, SIEM, and incident forensics)
  • Encryption
  • Data Loss Prevention
    • Network DLP
    • Storage/ Data Center DLP
    • Endpoint DLP
  • Unified Threat Management
  • Firewall
  • Antivirus/ Antimalware
  • Intrusion Detection Systems/ Intrusion Prevention Systems
    • Network-based
    • Host-based
    • Wireless
  • Disaster Recovery
  • Distributed Denial of Service
  • Web Filtering
  • Others (Other solutions include application whitelisting and patch management)

Cybersecurity Market Based on Service:

  • Professional Services
    • Design and Integration
    • Risk and Threat Assessment
    • Consulting
    • Training and Education
    • Support and Maintenance
  • Managed Security Services

Cybersecurity Market Based on Security Type:

  • Network Security
  • Endpoint Security
  • Application Security
  • Cloud Security
  • Others (Other security types include content security, ICS security, database security, and web security)

Based on Deployment:

  • On Premises
  • Cloud

Cybersecurity Market Based on Organization Size:

  • SMEs
  • Large Enterprises

Based on Vertical:

  • BFSI
  • Government and Defense
  • Energy and Utilities
  • Healthcare
  • IT and Telecom
  • Manufacturing
  • Retail
  • Others (Other verticals include education, media & entertainment, and transportation & logistics)

Based on Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Key Cybersecurity Market Players

IBM Corporation (US), Symantec (US),  Check Point Software Technologies (Israel), Cisco Systems (US), Trend Micro (Japan), Sophos (UK), Rapid7 (US),  McAfee (US), Micro Focus (UK), Microsoft (US), Imperva (US), Splunk (US), F5 Networks (US), Proofpoint (US), RSA Security (US), AWS (US), Juniper Networks (US), Oracle (US), Fortinet (US), Palo Alto Networks (US), Cyberark (US), Forcepoint (US), Fireeye (US), F-Secure (Finland),Qualys (US).

IBM is one of the leading vendors of cybersecurity solutions and services. It made an early move toward incorporating cognitive technologies in the cybersecurity market space. IBM invests 7–8% of its revenue on R&D to offer the best-in-class and innovative products to its customers. Its security division, IBM Security, holds more than 3,500 security patents and has a team of more than 8,000 security experts who serve over 12,000 customers in 133 countries. To ensure optimal security, the company developed a security framework-powered security analytics and intelligent orchestration, which can incorporate all kinds of security solutions and technologies from diverse vendors. The company has been very successful in the recent years with its cognitive security solutions and services and is expecting greater demand for these in the upcoming years.

Recent Developments:

  • In April 2018, IBM Security and McAfee extended their partnership to integrate IBM IRP with Data Exchange Layer (DXL) and provide better protection through automation and intelligence sharing.
  • In April 2018, Symantec announced the development of a powerful threat detection technology used by its world-class research teams. Symantec’s Targeted Attack Analytics (TAA) enables ATP, thereby helping customers leverage advanced machine learning and discover targeted attacks.
  • In January 2018, FireEye acquired X15 Software, a provider of big data and machine learning-based solutions. FireEye plans to add X15 Software’s big data and machine learning capabilities to its security tools.
  • In July 2018, Check Point introduced new capabilities into its existing SandBlast Mobile, a mobile threat defense solution. SandBlast Mobile 3.0 is incorporated with unique threat prevention technology, which would provide mobile application security to enterprises to protect them from various botnets, malicious malware, and phishing attacks.
  • In April 2018, Cisco launched advanced email security services, which help enterprises protect their network ecosystem from fraudulent emails containing ransomware, crypto mining malware, and fileless malware that seem legitimate to the users.
  • In June 2018, Trend Micro launched Managed Detection and Response (MDR) services, which include onboarding support, 24/7 alert monitoring, alert prioritization and investigation, and threat hunting functions.

Critical Questions the Report Answers:

  • Where will all these developments take the industry in the long term?
  • What are the upcoming trends for the Cybersecurity market?
  • Which segment provides the most opportunity for growth?
  • Who are the leading vendors operating in this market?
  • What are the opportunities for new market entrants?

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the North America marklet includes US and Canada
  • Further breakdown of the Europe market includes UK, Germany, France, Italy, Netherlands, and Switzerland, among others.
  • Further breakdown of the Asia Pacific market includes South Korea, India, and Singapore, among others
  • Further breakdown of the Rest of the World market comprises Latin America, the Middle East, and Africa

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 21)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 25)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Cybersecurity Market Size Estimation
    2.3 Research Assumptions and Limitations
           2.3.1 Research Assumptions
           2.3.2 Research Limitations

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Market Opportunities in the Cybersecurity Market
    4.2 Market Share of Top 3 Security Types and Regions, 2018
    4.3 Top 3 Solutions, 2018-2023
    4.4 Cybersecurity Market by Service, 2018–2023
    4.5 Market by Professional Service, 2018
    4.6 Market by Deployment Mode, 2018
    4.7 Market by Organization Size, 2018
    4.8 Top 3 Industry Verticals, 2018
    4.9 Market Investment Scenario

5 Cybersecurity Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increase in the Frequency and Sophistication of Cyber Threats
                    5.2.1.2 Emergence of Disruptive Digital Technologies, Such as IoT, Across Industry Verticals
                    5.2.1.3 Stringent Data Protection Regulations for Information Security
                    5.2.1.4 Increase in the Number of Supply Chain-Based Attacks Exploiting the Software Supply Chain
           5.2.2 Restraints
                    5.2.2.1 Limited Security Budget Among SMEs
                    5.2.2.2 Use of Pirated and Open Source Cybersecurity Solutions
           5.2.3 Opportunities
                    5.2.3.1 Increase in the Ecommerce Penetration Across Industry Verticals
                    5.2.3.2 Leveraging Ai, Machine Learning and Blockchain Technologies for Cyber Defense
                    5.2.3.3 Growing Need of Cloud-Based Security Solutions Among SMEs
           5.2.4 Challenges
                    5.2.4.1 Dearth of Cybersecurity Expertise for Proactive Strategic Planning
                    5.2.4.2 Lack of Interoperability With the Existing Information Systems
    5.3 Regulatory Implications
           5.3.1 General Data Protection Regulation
           5.3.2 Payment Card Industry Data Security Standard
           5.3.3 Health Insurance Portability and Accountability Act
           5.3.4 Federal Information Security Management Act
           5.3.5 Gramm-Leach-Bliley Act
           5.3.6 Sarbanes-Oxley Act
           5.3.7 The International Organization for Standardization 27001
    5.4 Use Cases
           5.4.1 Adoption of User Behaviour Analytics for Detecting Insider Threats in Retail Organization
           5.4.2 Dependence of A Leading IT and Telecom Company on DDOS Protection and Mitigation Solution
           5.4.3 Dependence of Oil and Gas Organization on Ransomware Protection Solution
           5.4.4 Anomaly Detection Solution Adopted By Electric-Power and Gas Company
           5.4.5 Large-Scale Adoption of Email Encryption in Financial Organization
    5.5 Innovation Spotlight
           5.5.1 Splunk
           5.5.2 Cyberbit
           5.5.3 Carbon Black
           5.5.4 Balbix

6 Cybersecurity Market By Component (Page No. - 57)
    6.1 Introduction
    6.2 Solutions
    6.3 Services

7 Cybersecurity Market By Solution (Page No. - 61)
    7.1 Introduction
    7.2 Identity and Access Management
    7.3 Risk and Compliance Management
    7.4 Encryption
    7.5 Data Loss Prevention
    7.6 Unified Threat Management
    7.7 Firewall
    7.8 Antivirus/Antimalware
    7.9 Intrusion Detection System/Intrusion Prevention System
    7.10 Security and Vulnerability Management
    7.11 Disaster Recovery
    7.12 Distributed Denial of Service Mitigation
    7.13 Web Filtering
    7.14 Others

8 Cybersecurity Market By Service (Page No. - 77)
    8.1 Introduction
    8.2 Professional Services
           8.2.1 Design and Implementation
           8.2.2 Risk and Threat Assessment
           8.2.3 Consulting
           8.2.4 Training and Education
           8.2.5 Support and Maintenance
    8.3 Managed Services

9 Cybersecurity Market By Security Type (Page No. - 84)
    9.1 Introduction
    9.2 Network Security
    9.3 Endpoint Security
    9.4 Application Security
    9.5 Cloud Security
    9.6 Others

10 Cybersecurity Market By Deployment Mode (Page No. - 91)
     10.1 Introduction
     10.2 On-Premises
     10.3 Cloud

11 Cybersecurity Market By Organization Size (Page No. - 95)
     11.1 Introduction
     11.2 Small and Medium-Sized Enterprises
     11.3 Large Enterprises

12 Cybersecurity Market By Industry Vertical (Page No. - 99)
     12.1 Introduction
     12.2 Aerospace and Defense
     12.3 Government
     12.4 Banking, Financial Services, and Insurance
     12.5 IT and Telecom
     12.6 Healthcare
     12.7 Retail
     12.8 Manufacturing
     12.9 Energy and Utilities
     12.10 Others

13 Cybersecurity Market By Region (Page No. - 111)
     13.1 Introduction
     13.2 North America
             13.2.1 United States
             13.2.2 Canada
     13.3 Europe
             13.3.1 United Kingdom
             13.3.2 Germany
             13.3.3 France
             13.3.4 Rest of Europe
     13.4 Asia Pacific
             13.4.1 China
             13.4.2 Japan
             13.4.3 India
             13.4.4 Australia and New Zealand
             13.4.5 Rest of Asia Pacific
     13.5 Middle East and Africa
             13.5.1 Middle East
             13.5.2 Africa
     13.6 Latin America
             13.6.1 Brazil
             13.6.2 Mexico
             13.6.3 Rest of Latin America

14 Competitive Landscape (Page No. - 144)
     14.1 Overview
     14.2 Competitive Scenario
             14.2.1 New Product Launches and Product Enhancements
             14.2.2 Partnerships, Agreements, and Collaborations
             14.2.3 Mergers and Acquisitions
             14.2.4 Business Expansions

15 Company Profiles (Page No. - 151)
     15.1 IBM
(Business Overview, Solutions, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     15.2 Symantec
     15.3 FireEye
     15.4 Check Point
     15.5 Cisco
     15.6 Trend Micro
     15.7 Sophos
     15.8 Rapid7
     15.9 McAfee
     15.10 Micro Focus
     15.11 Microsoft
     15.12 Imperva
     15.13 Splunk
     15.14 F5 Networks
     15.15 Proofpoint
     15.16 RSA Security
     15.17 AWS
     15.18 Juniper Networks
     15.19 Oracle
     15.20 Fortinet
     15.21 Palo Alto Networks
     15.22 CyberArk
     15.23 Forcepoint
     15.24 F-Secure
     15.25 Qualys

*Details on Business Overview, Solutions, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 236)
     16.1 Insights of Industry Experts
     16.2 Discussion Guide
     16.3 Knowledge Store: MarketsandMarkets’ Subscription Portal
     16.4 Available Customizations
     16.5 Related Reports
     16.6 Author Details

List of Tables (99 Tables)

Table 1 Cybersecurity Market Size and Growth, 2016–2023 (USD Billion, Y-O-Y %)
Table 2 Market Size By Component, 2016–2023 (USD Billion)
Table 3 Solutions: Market Size, By Region, 2016–2023 (USD Billion)
Table 4 Services: Market Size, By Region, 2016–2023 (USD Billion)
Table 5 Cybersecurity Market Size, By Solution, 2016–2023 (USD Billion)
Table 6 Identity and Access Management: Market Size, By Region, 2016–2023 (USD Billion)
Table 7 Risk and Compliance Management: Market Size, By Region, 2016–2023 (USD Billion)
Table 8 Encryption: Market Size, By Region, 2016–2023 (USD Billion)
Table 9 Data Loss Prevention: Market Size, By Region, 2016–2023 (USD Billion)
Table 10 Unified Threat Management: Cybersecurity Market Size, By Region, 2016–2023 (USD Billion)
Table 11 Firewall: Market Size By Region, 2016–2023 (USD Billion)
Table 12 Antivirus/Antimalware: Cybersecurity Market Size, By Region, 2016–2023 (USD Billion)
Table 13 Intrusion Detection System/Intrusion Prevention System: Market Size, By Region, 2016–2023 (USD Billion)
Table 14 Security and Vulnerability Management: Market Size, By Region, 2016–2023 (USD Billion)
Table 15 Disaster Recovery: Cybersecurity Market Size, By Region, 2016–2023 (USD Billion)
Table 16 Distributed Denial of Service Mitigation: Market Size, By Region, 2016–2023 (USD Billion)
Table 17 Web Filtering: Market Size, By Region, 2016–2023 (USD Billion)
Table 18 Others: Market Size, By Region, 2016–2023 (USD Billion)
Table 19 Cybersecurity Market Size, By Service, 2016–2023 (USD Billion)
Table 20 Professional Services: Market Size, By Region, 2016–2023 (USD Billion)
Table 21 Professional Services: Market Size, By Type, 2016–2023 (USD Billion)
Table 22 Design and Implementation Market Size, By Region, 2016–2023 (USD Billion)
Table 23 Risk and Threat Assessment Market Size, By Region, 2016–2023 (USD Billion)
Table 24 Consulting Market Size, By Region, 2016–2023 (USD Billion)
Table 25 Training and Education Market Size, By Region, 2016–2023 (USD Billion)
Table 26 Support and Maintenance Market Size, By Region, 2016–2023 (USD Billion)
Table 27 Managed Services: Market Size, By Region, 2016–2023 (USD Billion)
Table 28 Cybersecurity Market Size, By Security Type, 2016–2023 (USD Billion)
Table 29 Network Security: Market Size, By Region, 2016–2023 (USD Billion)
Table 30 Endpoint Security: Market Size, By Region, 2016–2023 (USD Billion)
Table 31 Application Security: Cybersecurity Market Size, By Region, 2016–2023 (USD Billion)
Table 32 Cloud Security: Market Size, By Region, 2016–2023 (USD Billion)
Table 33 Others: Market Size, By Region, 2016–2023 (USD Billion)
Table 34 Cybersecurity Market Size, By Deployment Mode, 2016–2023 (USD Billion)
Table 35 On-Premises: Market Size, By Region, 2016–2023 (USD Billion)
Table 36 Cloud: Market Size, By Region, 2016–2023 (USD Billion)
Table 37 Cybersecurity Market Size, By Organization Size, 2016–2023 (USD Billion)
Table 38 Small and Medium-Sized Enterprises: Market Size, By Region, 2016–2023 (USD Billion)
Table 39 Large Enterprises: Market Size, By Region, 2016–2023 (USD Billion)
Table 40 Cybersecurity Market Size, By Industry Vertical, 2016–2023 (USD Billion)
Table 41 Aerospace and Defense: Market Size, By Region, 2016–2023 (USD Billion)
Table 42 Government: Market Size, By Region, 2016–2023 (USD Billion)
Table 43 Banking, Financial Services, and Insurance: Market Size, By Country, 2016–2023 (USD Billion)
Table 44 IT and Telecom: Market Size, By Region, 2016–2023 (USD Billion)
Table 45 Healthcare: Cybersecurity Market Size, By Region, 2016–2023 (USD Billion)
Table 46 Retail: Market Size, By Region, 2016–2023 (USD Billion)
Table 47 Manufacturing: Market Size, By Region, 2016–2023 (USD Billion)
Table 48 Energy and Utilities: Market Size, By Region, 2016–2023 (USD Billion)
Table 49 Others: Market Size, By Region, 2016–2023 (USD Billion)
Table 50 Cybersecurity Market Size, By Region, 2016–2023 (USD Billion)
Table 51 North America: Cybersecurity Market Size, By Country, 2016–2023 (USD Billion)
Table 52 North America: Market Size, By Component, 2016–2023 (USD Billion)
Table 53 North America: Market Size, By Solution, 2016–2023 (USD Billion)
Table 54 North America: Market Size, By Service, 2016–2022 (USD Billion)
Table 55 North America: Cybersecurity Market Size, By Professional Service, 2016–2023 (USD Billion)
Table 56 North America: Market Size, By Security Type, 2016–2023 (USD Billion)
Table 57 North America: Market Size, By Deployment Mode, 2016–2023 (USD Billion)
Table 58 North America: Market Size, By Organization Size, 2016–2023 (USD Billion)
Table 59 North America: Market Size, By Industry Vertical, 2016–2023 (USD Billion)
Table 60 Europe: Cybersecurity Market Size, By Country, 2016–2023 (USD Billion)
Table 61 Europe: Market Size, By Component, 2016–2023 (USD Billion)
Table 62 Europe: Market Size, By Solution, 2016–2023 (USD Billion)
Table 63 Europe: Market Size, By Service, 2016–2022 (USD Billion)
Table 64 Europe: Cybersecurity Market Size, By Professional Service, 2016–2023 (USD Billion)
Table 65 Europe: Market Size, By Security Type, 2016–2023 (USD Billion)
Table 66 Europe: Market Size, By Deployment Mode, 2016–2023 (USD Billion)
Table 67 Europe: Market Size, By Organization Size, 2016–2023 (USD Billion)
Table 68 Europe: Market Size, By Industry Vertical, 2016–2023 (USD Billion)
Table 69 Asia Pacific: Cybersecurity Market Size, By Country, 2016–2023 (USD Billion)
Table 70 Asia Pacific: Market Size, By Component, 2016–2023 (USD Billion)
Table 71 Asia Pacific: Market Size, By Solution, 2016–2023 (USD Billion)
Table 72 Asia Pacific: Market Size, By Service, 2016–2022 (USD Billion)
Table 73 Asia Pacific: Cybersecurity Market Size, By Professional Service, 2016–2023 (USD Billion)
Table 74 Asia Pacific: Market Size, By Security Type, 2016–2023 (USD Billion)
Table 75 Asia Pacific: Market Size, By Deployment Mode, 2016–2023 (USD Billion)
Table 76 Asia Pacific: Market Size, By Organization Size, 2016–2023 (USD Billion)
Table 77 Asia Pacific: Market Size, By Industry Vertical, 2016–2023 (USD Billion)
Table 78 Middle East and Africa: Cybersecurity Market Size, By Sub Region, 2016–2023 (USD Billion)
Table 79 Middle East and Africa: Market Size, By Component, 2016–2023 (USD Billion)
Table 80 Middle East and Africa: Market Size, By Solution, 2016–2023 (USD Billion)
Table 81 Middle East and Africa: Market Size, By Service, 2016–2022 (USD Billion)
Table 82 Middle East and Africa: Cybersecurity Market Size, By Professional Service, 2016–2023 (USD Billion)
Table 83 Middle East and Africa: Market Size, By Security Type, 2016–2023 (USD Billion)
Table 84 Middle East and Africa: Market Size, By Deployment Mode, 2016–2023 (USD Billion)
Table 85 Middle East and Africa: Market Size, By Organization Size, 2016–2023 (USD Billion)
Table 86 Middle East and Africa: Market Size, By Industry Vertical, 2016–2023 (USD Billion)
Table 87 Latin America: Cybersecurity Market Size, By Country, 2016–2023 (USD Billion)
Table 88 Latin America: Market Size, By Component, 2016–2023 (USD Billion)
Table 89 Latin America: Market Size, By Solution, 2016–2023 (USD Billion)
Table 90 Latin America: Market Size, By Service, 2016–2022 (USD Billion)
Table 91 Latin America: Cybersecurity Market Size, By Professional Service, 2016–2023 (USD Billion)
Table 92 Latin America: Market Size, By Security Type, 2016–2023 (USD Billion)
Table 93 Latin America: Market Size, By Deployment Mode, 2016–2023 (USD Billion)
Table 94 Latin America: Market Size, By Organization Size, 2016–2023 (USD Billion)
Table 95 Latin America: Cybersecurity Market Size, By Industry Vertical, 2016–2023 (USD Billion)
Table 96 New Product Launches and Product Enhancements, 2017–2018
Table 97 Cybersecurity Market: Partnerships, Agreements, and Collaborations, 2017–2018
Table 98 Mergers and Acquisitions, 2017–2018
Table 99 Business Expansions, 2017–2018

List of Figures (68 Figures)

Figure 1 Cybersecurity Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Cybersecurity Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Cybersecurity Market: Assumptions
Figure 8 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 North America is Estimated to Hold the Largest Market Share in 2018
Figure 10 Fastest-Growing Segments of the Cybersecurity Market
Figure 11 Constantly Evolving and Increasing Cyber-Attacks are Expected to Steadily Push the Demand for Cybersecurity Solutions and Services Across Various Industry Verticals and Regions
Figure 12 Network Security Type Segment and North American Region are Estimated to Have the Largest Cybersecurity Market Shares in 2018
Figure 13 Identity and Access Management Solution is Estimated to Have the Largest Market Share in 2018
Figure 14 Professional Services Segment is Expected to Have the Larger Market Share During the Forecast Period
Figure 15 Consulting Segment is Estimated to Have the Largest Cybersecurity Market Share in 2018
Figure 16 On-Premises Deployment Mode Segment is Expected to Hold the Larger Market Share in 2018
Figure 17 Large Enterprises Segment is Estimated to Hold the Larger Market Share in 2018
Figure 18 Government Industry Vertical to Have the Largest Market Share in 2018
Figure 19 Asia Pacific is Expected to Emerge as the Best Market for Investment in the Next 5 Years
Figure 20 Cybersecurity Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Motivation Behind Hacking, 2017
Figure 22 Vulnerabilities Across A Software Supply Chain
Figure 23 Top Global Ransomware Attacks, 2017
Figure 24 Top Enterprise Concerns About Malware Efforts From Unlicensed Software
Figure 25 Top 10 Attack Techniques in 2017
Figure 26 Services Segment to Grow at the Higher CAGR During the Forecast Period
Figure 27 Encryption Solution is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Managed Services Segment is Expected to Grow at the Higher CAGR During the Forecast Period
Figure 29 Application Security Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Cloud Deployment Mode is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 Small and Medium-Sized Enterprises Segment is Expected to Grow at the Higher CAGR During the Forecast Period
Figure 32 Security Breach and Attack Rate on 5 Industry Verticals
Figure 33 Average Annualized Cost of Cybercrime By Industry Vertical
Figure 34 Healthcare Industry Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 35 Top Malware, By Region, 2017
Figure 36 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 37 North America: Cybersecurity Market Snapshot
Figure 38 Asia Pacific: Market Snapshot
Figure 39 Key Developments By the Leading Players in the Market, 2017–2018
Figure 40 Key Market Evaluation Framework
Figure 41 IBM: Company Snapshot
Figure 42 IBM: SWOT Analysis
Figure 43 Symantec: Company Snapshot
Figure 44 Symantec: SWOT Analysis
Figure 45 FireEye: Company Snapshot
Figure 46 FireEye: SWOT Analysis
Figure 47 Check Point: Company Snapshot
Figure 48 Check Point: SWOT Analysis
Figure 49 Cisco: Company Snapshot
Figure 50 Cisco: SWOT Analysis
Figure 51 Trend Micro: Company Snapshot
Figure 52 Sophos: Company Snapshot
Figure 53 Rapid7: Company Snapshot
Figure 54 Micro Focus: Company Snapshot
Figure 55 Microsoft: Company Snapshot
Figure 56 Imperva: Company Snapshot
Figure 57 Splunk: Company Snapshot
Figure 58 F5 Networks: Company Snapshot
Figure 59 Proofpoint: Company Snapshot
Figure 60 AWS: Company Snapshot
Figure 61 Juniper Networks: Company Snapshot
Figure 62 Oracle: Company Snapshot
Figure 63 Fortinet: Company Snapshot
Figure 64 Palo Alto Networks: Company Snapshot
Figure 65 CyberArk: Company Snapshot
Figure 66 Forcepoint: Company Snapshot
Figure 67 F-Secure: Company Snapshot
Figure 68 Qualys: Company Snapshot


Request for detailed methodology, assumptions & how numbers were triangulated.

Please share your problem/objectives in greater details so that our analyst can verify if they can solve your problem(s).
  • Select all
  • News-Letters with latest Market insights
  • Information & discussion on the relevant new products and services
  • Information & discussion on Market insights and Market information
  • Information & discussion on our events and conferences
    • Select all
    • Email Phone Professional and social network (Linkedin, etc)

Speak to analyst to detect blind spots in your revenue decisions by analysing interconnected unknowns around ""

Related Technologies/Products

 

Adjacent Markets

Mar. Size
2018
CAGR 2018-23

Competitive Landscape

 
 
Share your business objectives to help us evaluate impact of these interconnections on your business
Report Code
TC 3485
Published ON
Oct, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Cybersecurity Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home