Global Cyber Security Market Report 2021: Market is Forecasted to Reach $276.1 Billion in 2025


Dublin, Dec. 21, 2021 (GLOBE NEWSWIRE) -- The "Global Cyber Security Market (By Segment, End-Users & Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

The global cyber security market is forecasted to reach US$276.1 billion in 2025, experiencing growth at a CAGR of 7.64% during the period spanning from 2021 to 2025.

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 2020, 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.

In 2020, 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.

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 Topics Covered:

1. Market Overview
1.1.1 Cyber Security - Introduction
1.1.2 Need for Cyber Security
1.1.3 Importance of Cyber Security
1.2 Common Cyber Attacks
1.3 Types of Cyber Security
1.4 Implications of Cyber Security
1.4.1 Financial, Stock Market and Insurance Implications
1.4.2 Environmental Implications
1.4.3 Social Implications
1.4.4 Governance Implications
1.5 Advantages of Cyber Security
1.6 Disadvantages of Cyber Security

2. Impact of COVID-19
2.1 Impact of COVID-19 on Cyber Security Market
2.2 Increased Use of Video Communication Platforms
2.3 Shift to Remote Working
2.4 Rise in adoption of BYOD trend
2.5 Post-COVID Scenario

3. Market Analysis
3.1 Global Cyber Security Market by Value
3.2 Global Cyber Security Market Forecast by Value
3.3 Global Cyber Security Market by Segment
3.4 Global Cyber Security Market by Type
3.5 Global Cyber Security Market by End User
3.6 Global Cyber Security Market by Device
3.7 Global Cyber Security Market by Region

4. Regional Market
4.1 North America
4.1.1 North America Cyber Security Market Forecast by Value
4.1.2 North America Cyber Security Market by Geography
4.1.3 The US Cyber Security Market Forecast by Value
4.1.4 Canada Cyber Security Market Forecast by Value
4.2 Europe
4.2.1 Europe Cyber Security Market Forecast by Value
4.3 Asia Pacific
4.3.1 Asia Pacific Cyber Security Market Forecast by Value
4.3.2 Asia Pacific Cyber Security Market by Geography
4.3.3 China Cyber Security Market Forecast by Value
4.3.4 India Cyber Security Market Forecast by Value
4.3.5 Japan Cyber Security Market Forecast by Value
4.3.6 ASEAN Countries Cyber Security Market Forecast by Value
4.3.7 Australia & New Zealand Cyber Security Market Forecast by Value
4.3.8 South Korea Cyber Security Market Forecast by Value
4.3.9 Rest of Asia Pacific Cyber Security Market Forecast by Value
4.4 Latin America
4.4.1 Latin America Cyber Security Market Forecast by Value
4.5 Middle East & Africa
4.5.1 Middle East & Africa Cyber Security Market Forecast by Value

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Digitalization
5.1.2 Rise in Cyber Security Regulations
5.1.3 Upsurge in Web Traffic
5.1.4 Surge in Cyber Crime Rate
5.1.5 Surge in Tech Startups
5.1.6 Rising E-commerce Sales
5.2 Key Trends & Developments
5.2.1 Evolution of Internet of Things (IoT) Devices
5.2.2 Integration of Artificial Intelligence in Cyber Security
5.2.3 Rise in Smart City Projects
5.2.4 Growth in 5G Network Connections
5.2.5 Cyber Security Mesh
5.3 Challenges
5.3.1 Complexity of Network Infrastructure
5.3.2 Higher Reliance on Traditional Authentication Methods
5.3.3 Shortage of Skilled Cyber Security Professionals

6. Competitive Landscape
6.1 Global Market
6.1.1 Revenue Comparison- Key Players
6.1.2 Market Capitalization Comparison- Key Players
6.1.3 Research & Development Expenses Comparison- Key Players
6.1.4 Market Share- Key Players

7. Company Profiles
7.1 Business Overview
7.2 Financial Overview
7.3 Business Strategies

  • Broadcom Inc.
  • Check Point Software Technologies Limited
  • Cisco Systems Inc.
  • International Business Machines Corporation (IBM)
  • McAfee Corp.
  • Palo Alto Networks Inc.

For more information about this report visit https://www.researchandmarkets.com/r/l6zpws

 

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