MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Global Cybersecurity Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Cybersecurity Market: 2024-2030
The Global Cybersecurity Market size was valued at around USD 181 billion in 2023 & is estimated to grow at a CAGR of around 10% during the forecast period, i.e., 2024-30.
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Global Cybersecurity Market Trend:
Increasing Inclination Towards a Zero Trust Security Model – In recent years, there has been a growing movement towards implementing the Zero Trust Security Framework, which is becoming the fundamental concept of not automatically trusting a user or device. Given the limitations of traditional perimeter-based security strategies to address cyber threats in today's complex environment, companies are adopting Zero Trust to strengthen their security measures and prevent unauthorized access to critical assets. In addition, source access is carefully monitored and confirmed using standards such as users' connections, device conditions, network conditions, and behavioral models.
The Zero Trust Security model works on key principles like verifying identity, least privilege access granting, micro-segmentation, continuous monitoring & assessment of risks involved, encrypting data, and application-centric security solutions. With this shift, the cybersecurity industry is projected to register a healthy growth rate in the coming years.
Global Cybersecurity Market Segmentation:
The Global Cybersecurity Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Offering
-Solution- Market Size & Forecast 2019-2030, (USD Million)
- Standalone Hardware- Market Size & Forecast 2019-2030, (USD Million)
- Software Solution- Market Size & Forecast 2019-2030, (USD Million)
-Services- Market Size & Forecast 2019-2030, (USD Million)
-Professional Services- Market Size & Forecast 2019-2030, (USD Million)
-Design, Consulting & implementation- Market Size & Forecast 2019-2030, (USD Million)
-Risk & Threat Management- Market Size & Forecast 2019-2030, (USD Million)
-Training & Education- Market Size & Forecast 2019-2030, (USD Million)
-Support & Maintenance- Market Size & Forecast 2019-2030, (USD Million)
-Managed Services- Market Size & Forecast 2019-2030, (USD Million)
By Solution Type
-Identity & Access Management (IAM)- Market Size & Forecast 2019-2030, (USD Million)
-Antivirus/Antimalware- Market Size & Forecast 2019-2030, (USD Million)
-Log Management & SIEM- Market Size & Forecast 2019-2030, (USD Million)
-Firewall- Market Size & Forecast 2019-2030, (USD Million)
-Encryption & Tokenization- Market Size & Forecast 2019-2030, (USD Million)
-Compliance & Policy Management- Market Size & Forecast 2019-2030, (USD Million)
-Patch Management- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Deployment mode
-On-premises- Market Size & Forecast 2019-2030, (USD Million)
-Cloud- Market Size & Forecast 2019-2030, (USD Million)
-Hybrid Cloud- Market Size & Forecast 2019-2030, (USD Million)
By Organization size
-Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
-SMEs (Small & Medium Enterprises)- Market Size & Forecast 2019-2030, (USD Million)
By Security Type
-Network Security- Market Size & Forecast 2019-2030, (USD Million)
-Cloud Security- Market Size & Forecast 2019-2030, (USD Million)
-Endpoint & IoT Security- Market Size & Forecast 2019-2030, (USD Million)
-Application Security- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Vertical
-Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
-Government- Market Size & Forecast 2019-2030, (USD Million)
-Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
-Aerospace & Defense- Market Size & Forecast 2019-2030, (USD Million)
-Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
-IT & ITeS- Market Size & Forecast 2019-2030, (USD Million)
-Education- Market Size & Forecast 2019-2030, (USD Million)
-Retail & Ecommerce- Market Size & Forecast 2019-2030, (USD Million)
-Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
-Telecommunications- Market Size & Forecast 2019-2030, (USD Million)
-Transportation & Logistics- Market Size & Forecast 2019-2030, (USD Million)
-Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
-Others (Education, Construction, Travel & Hospitality)- Market Size & Forecast 2019-2030, (USD Million).
Geographical Analysis into the Global Cybersecurity Market:
· North America
· South America
· Europe
· The Middle East & Africa
· Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/cybersecurity-market.html
Competitive Landscape and Global Cybersecurity Market Share Analysis:
The competitive landscape of the Global Cybersecurity Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
IBM, Cisco, Microsoft, Palo Alto Networks, Fortinet, Check Point, Trellix, Trend Micro, Rapid7, Open Text, AWS, Oracle, Accenture, Cyberack, ZScaler, and others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
· What factors are driving the Global Cybersecurity Market growth?
· How is the Global Cybersecurity Market expected to grow over the next five years?
· What are the key insights into the current trends in the Global Cybersecurity Market?
· What is the current size of the Global Cybersecurity Market, and how is it projected to change in the future?
· What is the future outlook for the Global Cybersecurity Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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