Cyber Security Market is set to grow at a CAGR of 13.57% from 2022 to 2027, Increase in cyber threats to drive the market growth – Technavio

NEW YORK, Oct. 27, 2023 /PRNewswire/ — The Cyber Security Market is estimated to grow at a CAGR of 13.57% between 2022 and 2027. The size of the market is forecast to increase by USD 203.5 billion. There is an elevation in the number and frequency of cyber threats due to increased internet penetration. As the usage of mobile devices for m-commerce and bill payments is increasing, the confidential information accessed by the device needs high-level protection. Thus, increasing the adoption of mobile devices will increase the demand for cyber security solutions, which will boost the market’s growth during the forecast period. To get insights on the yearly growth variance and the Y-O-Y growth rate,historic & forecast for 2017 to 2021, and 2022 to 2027 Request a sample report.

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Market Challenges

The high deployment cost is a major challenge to the global cybersecurity market. The total installation cost includes the cost of software licensing, system designing and customization, implementation, training, and maintenance for an individual organization. There are additional costs related to the recruitment of IT staff and training costs for the existing employees. Factors like these can impede the growth of the market during the forecast period.

To learn about additional key drivers, trends, and challenges available with historic & forecast 2017 to 2021, 2022 to 2027 – Read our Sample Report right now!

Cyber Security Market – Vendor Analysis

The global cyber security market is fragmented with the presence of many leading global and regional vendors. AO Kaspersky Lab, Booz Allen Hamilton Holding Corp., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., F Secure Corp., General Dynamics Corp., Hewlett Packard Enterprise Co., International Business Machines Corp., Juniper Networks Inc., Lockheed Martin Corp., McAfee LLC, Microsoft Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Sophos Ltd., The Boeing Co., and Trend Micro Inc. are some of the major vendors in the market.

Vendor offerings

Kaspersky Co. – The company offers cyber security such as Kaspersky Total Security.Boozallen Co. – The company offers cyber security such as National Cyber.Broadcom Co. – The company offers cyber security such as Symantec Enterprise Cloud.To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Technavio report extensively covers market segmentation by deployment (on-premise and cloud-based), end-user (government, BFSI, ICT, manufacturing, and others), and geography (North America, APAC, Europe, Middle East and Africa, and South America. 

 For additional insights into the contribution of all the segments, and regional opportunities, historic & forecast 2017 to 2021, 2022 to 2027 – View our sample report 

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Key Topics Covered:

Table of Contents

1 Executive Summary

1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by DeploymentExhibit 06: Executive Summary – Chart on Market Segmentation by End-userExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystemExhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definitionExhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD billion)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD billion)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cyber security market 2017 – 2021 Exhibit 18: Historic Market Size – Data Table on Global cyber security market 2017 – 2021 (USD billion)4.2 Deployment Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – Deployment Segment 2017 – 2021 (USD billion)4.3 End-user Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 (USD billion)4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD billion)4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD billion)

5 Five Forces Analysis

5.1 Five forces summaryExhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalryExhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market conditionExhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Deployment

6.1 Market segmentsExhibit 30: Chart on Deployment – Market share 2022-2027 (%)Exhibit 31: Data Table on Deployment – Market share 2022-2027 (%)6.2 Comparison by Deployment Exhibit 32: Chart on Comparison by DeploymentExhibit 33: Data Table on Comparison by Deployment6.3 On-premise – Market size and forecast 2022-2027 Exhibit 34: Chart on On-premise – Market size and forecast 2022-2027 (USD billion)Exhibit 35: Data Table on On-premise – Market size and forecast 2022-2027 (USD billion)Exhibit 36: Chart on On-premise – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on On-premise – Year-over-year growth 2022-2027 (%)6.4 Cloud-based – Market size and forecast 2022-2027 Exhibit 38: Chart on Cloud-based – Market size and forecast 2022-2027 (USD billion)Exhibit 39: Data Table on Cloud-based – Market size and forecast 2022-2027 (USD billion)Exhibit 40: Chart on Cloud-based – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Cloud-based – Year-over-year growth 2022-2027 (%)6.5 Market opportunity by Deployment Exhibit 42: Market opportunity by Deployment (USD billion)

7 Market Segmentation by End-user

7.1 Market segmentsExhibit 43: Chart on End-user – Market share 2022-2027 (%)Exhibit 44: Data Table on End-user – Market share 2022-2027 (%)7.2 Comparison by End-user Exhibit 45: Chart on Comparison by End-userExhibit 46: Data Table on Comparison by End-user7.3 Government – Market size and forecast 2022-2027 Exhibit 47: Chart on Government – Market size and forecast 2022-2027 (USD billion)Exhibit 48: Data Table on Government – Market size and forecast 2022-2027 (USD billion)Exhibit 49: Chart on Government – Year-over-year growth 2022-2027 (%)Exhibit 50: Data Table on Government – Year-over-year growth 2022-2027 (%)7.4 BFSI – Market size and forecast 2022-2027 Exhibit 51: Chart on BFSI – Market size and forecast 2022-2027 (USD billion)Exhibit 52: Data Table on BFSI – Market size and forecast 2022-2027 (USD billion)Exhibit 53: Chart on BFSI – Year-over-year growth 2022-2027 (%)Exhibit 54: Data Table on BFSI – Year-over-year growth 2022-2027 (%)7.5 ICT – Market size and forecast 2022-2027 Exhibit 55: Chart on ICT – Market size and forecast 2022-2027 (USD billion)Exhibit 56: Data Table on ICT – Market size and forecast 2022-2027 (USD billion)Exhibit 57: Chart on ICT – Year-over-year growth 2022-2027 (%)Exhibit 58: Data Table on ICT – Year-over-year growth 2022-2027 (%)7.6 Manufacturing – Market size and forecast 2022-2027 Exhibit 59: Chart on Manufacturing – Market size and forecast 2022-2027 (USD billion)Exhibit 60: Data Table on Manufacturing – Market size and forecast 2022-2027 (USD billion)Exhibit 61: Chart on Manufacturing – Year-over-year growth 2022-2027 (%)Exhibit 62: Data Table on Manufacturing – Year-over-year growth 2022-2027 (%)7.7 Others – Market size and forecast 2022-2027 Exhibit 63: Chart on Others – Market size and forecast 2022-2027 (USD billion)Exhibit 64: Data Table on Others – Market size and forecast 2022-2027 (USD billion)Exhibit 65: Chart on Others – Year-over-year growth 2022-2027 (%)Exhibit 66: Data Table on Others – Year-over-year growth 2022-2027 (%)7.8 Market opportunity by End-user Exhibit 67: Market opportunity by End-user (USD billion)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 69: Chart on Market share by geography 2022-2027 (%)Exhibit 70: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 71: Chart on Geographic comparisonExhibit 72: Data Table on Geographic comparison9.3 North America – Market size and forecast 2022-2027 Exhibit 73: Chart on North America – Market size and forecast 2022-2027 (USD billion)Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 (USD billion)Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)9.4 APAC – Market size and forecast 2022-2027 Exhibit 77: Chart on APAC – Market size and forecast 2022-2027 (USD billion)Exhibit 78: Data Table on APAC – Market size and forecast 2022-2027 (USD billion)Exhibit 79: Chart on APAC – Year-over-year growth 2022-2027 (%)Exhibit 80: Data Table on APAC – Year-over-year growth 2022-2027 (%)9.5 Europe – Market size and forecast 2022-2027 Exhibit 81: Chart on Europe – Market size and forecast 2022-2027 (USD billion)Exhibit 82: Data Table on Europe – Market size and forecast 2022-2027 (USD billion)Exhibit 83: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 84: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.6 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 (USD billion)Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 (USD billion)Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)9.7 South America – Market size and forecast 2022-2027 Exhibit 89: Chart on South America – Market size and forecast 2022-2027 (USD billion)Exhibit 90: Data Table on South America – Market size and forecast 2022-2027 (USD billion)Exhibit 91: Chart on South America – Year-over-year growth 2022-2027 (%)Exhibit 92: Data Table on South America – Year-over-year growth 2022-2027 (%)9.8 US – Market size and forecast 2022-2027 Exhibit 93: Chart on US – Market size and forecast 2022-2027 (USD billion)Exhibit 94: Data Table on US – Market size and forecast 2022-2027 (USD billion)Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)9.9 China – Market size and forecast 2022-2027 Exhibit 97: Chart on China – Market size and forecast 2022-2027 (USD billion)Exhibit 98: Data Table on China – Market size and forecast 2022-2027 (USD billion)Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)9.10 UK – Market size and forecast 2022-2027 Exhibit 101: Chart on UK – Market size and forecast 2022-2027 (USD billion)Exhibit 102: Data Table on UK – Market size and forecast 2022-2027 (USD billion)Exhibit 103: Chart on UK – Year-over-year growth 2022-2027 (%)Exhibit 104: Data Table on UK – Year-over-year growth 2022-2027 (%)9.11 Germany – Market size and forecast 2022-2027 Exhibit 105: Chart on Germany – Market size and forecast 2022-2027 (USD billion)Exhibit 106: Data Table on Germany – Market size and forecast 2022-2027 (USD billion)Exhibit 107: Chart on Germany – Year-over-year growth 2022-2027 (%)Exhibit 108: Data Table on Germany – Year-over-year growth 2022-2027 (%)9.12 Japan – Market size and forecast 2022-2027 Exhibit 109: Chart on Japan – Market size and forecast 2022-2027 (USD billion)Exhibit 110: Data Table on Japan – Market size and forecast 2022-2027 (USD billion)Exhibit 111: Chart on Japan – Year-over-year growth 2022-2027 (%)Exhibit 112: Data Table on Japan – Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 113: Market opportunity by geography (USD billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 114: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscapeExhibit 115: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruptionExhibit 116: Overview on factors of disruption11.4 Industry risksExhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors coveredExhibit 118: Vendors covered12.2 Market positioning of vendors Exhibit 119: Matrix on vendor position and classification12.3 AO Kaspersky LabExhibit 120: AO Kaspersky Lab – OverviewExhibit 121: AO Kaspersky Lab – Product / ServiceExhibit 122: AO Kaspersky Lab – Key offerings12.4 Booz Allen Hamilton Holding Corp. Exhibit 123: Booz Allen Hamilton Holding Corp. – OverviewExhibit 124: Booz Allen Hamilton Holding Corp. – Product / ServiceExhibit 125: Booz Allen Hamilton Holding Corp. – Key offerings12.5 Broadcom Inc.Exhibit 126: Broadcom Inc. – OverviewExhibit 127: Broadcom Inc. – Business segmentsExhibit 128: Broadcom Inc. – Key newsExhibit 129: Broadcom Inc. – Key offeringsExhibit 130: Broadcom Inc. – Segment focus12.6 Check Point Software Technologies Ltd. Exhibit 131: Check Point Software Technologies Ltd. – OverviewExhibit 132: Check Point Software Technologies Ltd. – Product / ServiceExhibit 133: Check Point Software Technologies Ltd. – Key offerings12.7 Cisco Systems Inc.Exhibit 134: Cisco Systems Inc. – OverviewExhibit 135: Cisco Systems Inc. – Business segmentsExhibit 136: Cisco Systems Inc. – Key newsExhibit 137: Cisco Systems Inc. – Key offeringsExhibit 138: Cisco Systems Inc. – Segment focus12.8 Dell Technologies Inc. Exhibit 139: Dell Technologies Inc. – OverviewExhibit 140: Dell Technologies Inc. – Business segmentsExhibit 141: Dell Technologies Inc. – Key newsExhibit 142: Dell Technologies Inc. – Key offeringsExhibit 143: Dell Technologies Inc. – Segment focus12.9 F Secure Corp.Exhibit 144: F Secure Corp. – OverviewExhibit 145: F Secure Corp. – Product / ServiceExhibit 146: F Secure Corp. – Key offerings12.10 Fortinet Inc.Exhibit 147: Fortinet Inc. – OverviewExhibit 148: Fortinet Inc. – Product / ServiceExhibit 149: Fortinet Inc. – Key offerings12.11 General Dynamics Corp. Exhibit 150: General Dynamics Corp. – OverviewExhibit 151: General Dynamics Corp. – Business segmentsExhibit 152: General Dynamics Corp. – Key newsExhibit 153: General Dynamics Corp. – Key offeringsExhibit 154: General Dynamics Corp. – Segment focus12.12 Hewlett Packard Enterprise Co. Exhibit 155: Hewlett Packard Enterprise Co. – OverviewExhibit 156: Hewlett Packard Enterprise Co. – Business segmentsExhibit 157: Hewlett Packard Enterprise Co. – Key newsExhibit 158: Hewlett Packard Enterprise Co. – Key offeringsExhibit 159: Hewlett Packard Enterprise Co. – Segment focus12.13 International Business Machines Corp. Exhibit 160: International Business Machines Corp. – OverviewExhibit 161: International Business Machines Corp. – Business segmentsExhibit 162: International Business Machines Corp. – Key newsExhibit 163: International Business Machines Corp. – Key offeringsExhibit 164: International Business Machines Corp. – Segment focus12.14 Lockheed Martin Corp. Exhibit 165: Lockheed Martin Corp. – OverviewExhibit 166: Lockheed Martin Corp. – Business segmentsExhibit 167: Lockheed Martin Corp. – Key newsExhibit 168: Lockheed Martin Corp. – Key offeringsExhibit 169: Lockheed Martin Corp. – Segment focus12.15 McAfee LLCExhibit 170: McAfee LLC – OverviewExhibit 171: McAfee LLC – Product / ServiceExhibit 172: McAfee LLC – Key offerings12.16 The Boeing Co.Exhibit 173: The Boeing Co. – OverviewExhibit 174: The Boeing Co. – Business segmentsExhibit 175: The Boeing Co. – Key newsExhibit 176: The Boeing Co. – Key offeringsExhibit 177: The Boeing Co. – Segment focus12.17 Trend Micro Inc.Exhibit 178: Trend Micro Inc. – OverviewExhibit 179: Trend Micro Inc. – Product / ServiceExhibit 180: Trend Micro Inc. – Key offerings

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 181: Inclusions checklist13.3 Currency conversion rates for USUSD Exhibit 182: Currency conversion rates for USUSD13.4 Research methodologyExhibit 183: Research methodologyExhibit 184: Validation techniques employed for market sizingExhibit 185: Information sources13.5 List of abbreviations Exhibit 186: List of abbreviations

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