- Hardware
- Software
- Service
Cyber Security Market size was valued at USD 155.83 Billion in 2022, growing at a CAGR of 13.4% from 2023 to 2029. Cyber security is the protection of internet-connected devices or system like hardware, software, data from damage attack or to protect from unauthorized access. The cyber security involves the implementation of processes, technologies and controls tom ensure the security of the system. The threat related to internet sensitive information such as hacking, phishing and malware. Cyber security ensures the security of data or information like confidentiality, availability of information, integrity and detecting of threats and protecting data or information from the threats. The increasing penetration of connected devices or system is an important factor to propel cyber security market. Nowadays many organizations are adopting cloud-based technology solutions that allow their customer tom access the data directly from the cloud which in turn increases the risk of cyber-attacks and crimes, the increasing adoption of the cloud-based system by organizations is expected to increase the market demand and market value of cyber security market in the forecasted years. Also, the rising awareness among the consumers regarding cyber-attacks forces organization to adopt cyber security Also, in addition, the government regulations like General Data Protection Regulation, California Consumer Privacy act makes it mandatory to protect data in an organization which is also expected to increase the demand of cyber security market. Whereas, the shortage of skilled labour in cyber security is expected hinder the market growth in the forecasted years, in addition to that the cost of setting up a cyber security system is way too expensive due to which small and middle-sized organizations cannot afford to have cyber security which again is expected to hinder the market growth.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The increasing penetration of connected devices or system is the important factor to propel cyber security market. The increase in adoption of cloud-based technology solutions which allows their customer tom access the data directly from the cloud which in turn increases the risk of cyber-attacks and crimes, and this is expected to increase the market demand and market value of cyber security market in the forecast years. The key driver to the market growth is the government regulations General Data Protection Regulation and California Consumer Privacy act makes the organizations mandatory to adopt the cyber security which fuels the growth of cyber security market. Hence, this will drive the global market growth at a significant rate.
The Cyber Security market size was valued at USD 155.83 Billion in 2022.
The Cyber Security market is poised to grow at a significant CAGR of 13.4% from 2023 to 2029.
The leading players in the global Cyber Security market are Accenture, Broadcom Inc., Capgemini, Cognizant, F5 Networks Inc., FireEye Inc., HCL Technologies Limited, IBM Corporation, Infosys Limited, L&T Technology Services Limited, PwC International Limited Broadcom Inc., Tata Consultancy Services, Tech Mahindra Limited, Wipro Limited, OX Securities, Quad Nations
Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation and Seven years forecast is presented from 2023 – 2029.
1.Executive Summary |
2.Global Cyber Security Market Introduction |
2.1.Global Cyber Security Market - Taxonomy |
2.2.Global Cyber Security Market - Definitions |
2.2.1.Component |
2.2.2.Type |
2.2.3.Application |
2.2.4.Development Model |
2.2.5.Region |
3.Global Cyber Security Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Cyber Security Market Analysis, 2018-2022 and Forecast 2023-2029 |
4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Cyber Security Market By Component, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
5.1. Hardware |
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Software |
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Service |
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6.Global Cyber Security Market By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
6.1. End point security |
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Cloud Security |
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Network Security |
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Application Security |
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Infrastructure Protection |
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Data Security |
6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Others |
6.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7.Global Cyber Security Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
7.1. IT & Telecom |
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Retail |
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. BFSI |
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Healthcare |
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Defense/Government |
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Manufacturing |
7.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
7.7. Energy |
7.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.7.3. Market Opportunity Analysis |
7.8. Others |
7.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.8.3. Market Opportunity Analysis |
8.Global Cyber Security Market By Development Model, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
8.1. Cloud |
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. On premise |
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Others |
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
9.Global Cyber Security Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America Cyber Security Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
10.1. Component Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Hardware |
10.1.2.Software |
10.1.3.Service |
10.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.End point security |
10.2.2.Cloud Security |
10.2.3.Network Security |
10.2.4.Application Security |
10.2.5.Infrastructure Protection |
10.2.6.Data Security |
10.2.7.Others |
10.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.IT & Telecom |
10.3.2.Retail |
10.3.3.BFSI |
10.3.4.Healthcare |
10.3.5.Defense/Government |
10.3.6.Manufacturing |
10.3.7.Energy |
10.3.8.Others |
10.4. Development Model Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Cloud |
10.4.2.On premise |
10.4.3.Others |
10.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe Cyber Security Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
11.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Hardware |
11.1.2.Software |
11.1.3.Service |
11.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.End point security |
11.2.2.Cloud Security |
11.2.3.Network Security |
11.2.4.Application Security |
11.2.5.Infrastructure Protection |
11.2.6.Data Security |
11.2.7.Others |
11.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.IT & Telecom |
11.3.2.Retail |
11.3.3.BFSI |
11.3.4.Healthcare |
11.3.5.Defense/Government |
11.3.6.Manufacturing |
11.3.7.Energy |
11.3.8.Others |
11.4. Development Model Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Cloud |
11.4.2.On premise |
11.4.3.Others |
11.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12.Asia Pacific (APAC) Cyber Security Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
12.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Hardware |
12.1.2.Software |
12.1.3.Service |
12.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.End point security |
12.2.2.Cloud Security |
12.2.3.Network Security |
12.2.4.Application Security |
12.2.5.Infrastructure Protection |
12.2.6.Data Security |
12.2.7.Others |
12.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.IT & Telecom |
12.3.2.Retail |
12.3.3.BFSI |
12.3.4.Healthcare |
12.3.5.Defense/Government |
12.3.6.Manufacturing |
12.3.7.Energy |
12.3.8.Others |
12.4. Development Model Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Cloud |
12.4.2.On premise |
12.4.3.Others |
12.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Cyber Security Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
13.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Hardware |
13.1.2.Software |
13.1.3.Service |
13.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.End point security |
13.2.2.Cloud Security |
13.2.3.Network Security |
13.2.4.Application Security |
13.2.5.Infrastructure Protection |
13.2.6.Data Security |
13.2.7.Others |
13.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.IT & Telecom |
13.3.2.Retail |
13.3.3.BFSI |
13.3.4.Healthcare |
13.3.5.Defense/Government |
13.3.6.Manufacturing |
13.3.7.Energy |
13.3.8.Others |
13.4. Development Model Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Cloud |
13.4.2.On premise |
13.4.3.Others |
13.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Cyber Security Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
14.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Hardware |
14.1.2.Software |
14.1.3.Service |
14.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.End point security |
14.2.2.Cloud Security |
14.2.3.Network Security |
14.2.4.Application Security |
14.2.5.Infrastructure Protection |
14.2.6.Data Security |
14.2.7.Others |
14.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.IT & Telecom |
14.3.2.Retail |
14.3.3.BFSI |
14.3.4.Healthcare |
14.3.5.Defense/Government |
14.3.6.Manufacturing |
14.3.7.Energy |
14.3.8.Others |
14.4. Development Model Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Cloud |
14.4.2.On premise |
14.4.3.Others |
14.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.Accenture |
15.2.2.Broadcom Inc. |
15.2.3.Capgemini |
15.2.4.Cognizant |
15.2.5.F5 Networks Inc. |
15.2.6.FireEye Inc. |
15.2.7.HCL Technologies Limited |
15.2.8.IBM Corporation |
15.2.9.Infosys Limited |
15.2.10.L&T Technology Services Limited |
15.2.11.PwC International Limited Broadcom Inc. |
15.2.12.Tata Consultancy Services |
15.2.13.Tech Mahindra Limited |
15.2.14.Wipro Limited |
15.2.15.OX Securities |
15.2.16.Quad Nations |
16. Research Methodology |
17. Appendix and Abbreviations |