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Argentina Cybersecurity Market

Argentina Cybersecurity Market Size, Share, Growth, Trends: By Component: Hardware, Software, Services; By Security Type: Cloud Security, Data Security, Identity Access Management, Network Security, Endpoint Security, Others; By Solution; By Deployment; By Enterprise Size; By End Use; Market Dynamics; Competitive Landscape; 2024-2032

Argentina Cybersecurity Market Outlook

The Argentina cybersecurity market size is projected to expand at a CAGR of 5.20% between 2024 and 2032.

 

Key Takeaways

  • Digital advancements in various sectors and the increasing need to safeguard data against cyber threats support the demand for reliable cybersecurity solutions.
  • In 2021, Argentine companies increased their investment in cybersecurity by 10 percent, with a total expenditure exceeding $60 million, as reported by the National Argentine Cybersecurity Office.
  • The Personal Data Protection Law in Argentina is the main legislation that regulates the protection of personal information and is enforced by the Data Protection Authority.

 

One of the major factors driving the Argentina cybersecurity market growth is the proliferation of wireless networks for mobile devices. As more individuals and organisations rely on mobile devices for their daily activities, data vulnerability increases. This heightened vulnerability has made cybersecurity an essential component for organisations, as they need to safeguard their sensitive information from potential breaches.

 

Cybersecurity in the BFSI sector is crucial for several reasons as the sector deals with sensitive financial and personal information of millions of customers, making it a prime target for cybercriminals in Argentina. A breach in security could result in huge financial loss for both customers and institutions.

 

Additionally, the BFSI sector is heavily regulated, with strict compliance requirements to protect customer data. Failure to comply with these regulations can result in hefty fines and legal consequences. Therefore, investing in robust cybersecurity measures is not only necessary for protecting customer data but also for ensuring regulatory compliance.

 

As per the Argentina cybersecurity market analysis, Identity Access Management (IAM) is an essential component of cybersecurity and is extensively utilised by businesses in Argentina. IAM plays a critical role in any cybersecurity strategy, encompassing technology, policies, business processes, and organisational techniques. Its implementation provides businesses with precise control over user access. Given that most companies have multiple applications, servers, electronic systems, cloud apps, and other resources that necessitate privileged identity management, IAM becomes the optimal solution for ensuring strict controls over access to sensitive data.

 

 

Market Segmentation

“Argentina Cybersecurity Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Component

  • Software
  • Hardware
  • Services

 

Market Breakup by Security Type

  • Cloud Security
  • Data Security
  • Identity Access Management
  • Network Security
  • Endpoint Security
  • Infrastructure Protection
  • Others

 

Market Breakup by Solution

  • Unified Threat Management (UTM)
  • DLP
  • Firewall
  • Antimalware and Antivirus
  • Identity and Access Management
  • SIEM
  • Risk and Compliance Management
  • Others

 

Market Breakup by Deployment

  • Cloud-based
  • On-premises

 

Market Breakup by Enterprise Size

  • SMEs
  • Large Enterprises

 

Market Breakup by End Use

  • BFSI
  • Healthcare
  • IT and Telecommunication
  • Manufacturing
  • Government and Defence
  • Others

 

Competitive Landscape

The market players are increasingly focusing on technological innovations and security improvements to protect businesses from cyber threats, further enabling them to adhere to data protection laws.

 

  • Microsoft Corporation
  • IBM Corporation
  • Oracle Corporation
  • Cisco Systems, Inc.
  • McAfee, LLC
  • Dell Inc.
  • Avast Software s.r.o.
  • ZESTDATA
  • Panda Security, S.L.U.
  • BASE4 Security S.A.
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Security Type
  • Solution
  • Deployment
  • Enterprise Size
  • End Use
Breakup by Component
  • Hardware
  • Software
  • Services
Breakup by Security Type
  • Cloud Security
  • Data Security
  • Identity Access Management
  • Network Security
  • Endpoint Security
  • Infrastructure Protection
  • Others
Breakup by Solution
  • Unified Threat Management (UTM)
  • DLP
  • Firewall 
  • Antimalware and Antivirus
  • Identity and Access Management
  • SIEM
  • Risk and Compliance Management
  • Others
Breakup by Deployment
  • Cloud-based
  • On-premises
Breakup by Enterprise Size
  • SMEs
  • Large Enterprises
Breakup by End Use
  • BFSI
  • Healthcare
  • IT and Telecommunication
  • Manufacturing
  • Government and Defence
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Microsoft Corporation
  • IBM Corporation
  • Oracle Corporation
  • Cisco Systems, Inc.
  • McAfee, LLC
  • Dell Inc.
  • Avast Software s.r.o.
  • ZESTDATA
  • Panda Security, S.L.U.
  • BASE4 Security S.A.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Latin America Cybersecurity Market Overview
    8.1    Key Industry Highlights
    8.2    Latin America Cybersecurity Historical Market (2018-2023)
    8.3    Latin America Cybersecurity Market Forecast (2024-2032)
    8.4    Latin America Cybersecurity Market Share by Country
        8.4.1    Brazil
        8.4.2    Mexico
        8.4.3    Argentina
        8.4.4    Others
9    Argentina Cybersecurity Market Overview
    9.1    Key Industry Highlights
    9.2    Argentina Cybersecurity Historical Market (2018-2023)
    9.3    Argentina Cybersecurity Market Forecast (2024-2032)
10    Argentina Cybersecurity Market by Component
    10.1    Hardware
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Software
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Services
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
11    Argentina Cybersecurity Market by Security Type
    11.1    Cloud Security
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Data Security
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Identity Access Management
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Network Security
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Endpoint Security  
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Infrastructure Protection
        11.6.1    Historical Trend (2018-2023)
        11.6.2    Forecast Trend (2024-2032)
    11.7    Others
12    Argentina Cybersecurity Market by Solution
    12.1    Unified Threat Management (UTM)
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    DLP
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Firewall
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Antimalware and Antivirus
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Identity and Access Management
        12.5.1    Historical Trend (2018-2023)
        12.5.2    Forecast Trend (2024-2032)
    12.6    SIEM
        12.6.1    Historical Trend (2018-2023)
        12.6.2    Forecast Trend (2024-2032)
    12.7    Risk and Compliance Management
        12.7.1    Historical Trend (2018-2023)
        12.7.2    Forecast Trend (2024-2032)
    12.8    Others
13    Argentina Cybersecurity Market by Deployment
    13.1    Cloud-based
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    On-premises
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
14    Argentina Cybersecurity Market by Enterprise Size
    14.1    SMEs
        14.1.1    Historical Trend (2018-2023)
        14.1.2    Forecast Trend (2024-2032)
    14.2    Large Enterprises
        14.2.1    Historical Trend (2018-2023)
        14.2.2    Forecast Trend (2024-2032)
15    Argentina Cybersecurity Market by End Use
    15.1    BFSI
        15.1.1    Historical Trend (2018-2023)
        15.1.2    Forecast Trend (2024-2032)
    15.2    Healthcare
        15.2.1    Historical Trend (2018-2023)
        15.2.2    Forecast Trend (2024-2032)
    15.3    IT and Telecommunication
        15.3.1    Historical Trend (2018-2023)
        15.3.2    Forecast Trend (2024-2032)
    15.4    Manufacturing
        15.4.1    Historical Trend (2018-2023)
        15.4.2    Forecast Trend (2024-2032)
    15.5    Government and Defence
        15.5.1    Historical Trend (2018-2023)
        15.5.2    Forecast Trend (2024-2032)
    15.6    Others
16    Market Dynamics
    16.1    SWOT Analysis
        16.1.1    Strengths
        16.1.2    Weaknesses
        16.1.3    Opportunities
        16.1.4    Threats
    16.2    Porter’s Five Forces Analysis
        16.2.1    Supplier’s Power
        16.2.2    Buyers Powers
        16.2.3    Threat of New Entrants
        16.2.4    Degree of Rivalry
        16.2.5    Threat of Substitutes
    16.3    Key Indicators for Demand
    16.4    Key Indicators for Price
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Microsoft Corporation
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    IBM Corporation
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Oracle Corporation
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Cisco Systems, Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    McAfee, LLC
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Dell Inc.
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Avast Software s.r.o.
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    ZESTDATA
            17.2.8.1    Company Overview
            17.2.8.2    Product Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications
        17.2.9    Panda Security, S.L.U.
            17.2.9.1    Company Overview
            17.2.9.2    Product Portfolio
            17.2.9.3    Demographic Reach and Achievements
            17.2.9.4    Certifications
        17.2.10    BASE4 Security S.A.
            17.2.10.1    Company Overview
            17.2.10.2    Product Portfolio
            17.2.10.3    Demographic Reach and Achievements
            17.2.10.4    Certifications
        17.2.11    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Latin America Cybersecurity Market: Key Industry Highlights, 2018 and 2032 
2.    Argentina Cybersecurity Market: Key Industry Highlights, 2018 and 2032 
3.    Argentina Cybersecurity Historical Market: Breakup by Component (USD Million), 2018-2023
4.    Argentina Cybersecurity Market Forecast: Breakup by Component (USD Million), 2024-2032
5.    Argentina Cybersecurity Historical Market: Breakup by Security Type (USD Million), 2018-2023
6.    Argentina Cybersecurity Market Forecast: Breakup by Security Type (USD Million), 2024-2032
7.    Argentina Cybersecurity Historical Market: Breakup by Solution (USD Million), 2018-2023
8.    Argentina Cybersecurity Market Forecast: Breakup by Solution (USD Million), 2024-2032
9.    Argentina Cybersecurity Market Forecast: Breakup by Deployment (USD Million), 2024-2032
10.    Argentina Cybersecurity Historical Market: Breakup by Deployment (USD Million), 2018-2023
11.    Argentina Cybersecurity Market Forecast: Breakup by Enterprise Size (USD Million), 2024-2032
12.    Argentina Cybersecurity Historical Market: Breakup by Enterprise Size (USD Million), 2018-2023
13.    Argentina Cybersecurity Historical Market: Breakup by End Use (USD Million), 2018-2023
14.    Argentina Cybersecurity Market Forecast: Breakup by End Use (USD Million), 2024-2032
15.    Argentina Cybersecurity Market Structure

Key Questions Answered in the Report

What is the growth rate of the Argentina cybersecurity market?

The market is projected to grow at a CAGR of 5.20% between 2024 and 2032.

What are the major market drivers?

The market is driven by the rapid digitisation in multiple sectors and the increasing risk of cyber threats.

What are the key trends of the market?

The key trends aiding the market expansion include the introduction of stringent data protection laws in Argentina and an increase in investment in cybersecurity by various businesses.

What are the major components of cybersecurity in the market?

The major components in the market are software, hardware, and services.

What are the security types in the market?

The major security types in the market are cloud security, data security, identity access management, network security, endpoint security, and infrastructure protection, among others.

Who are the key players in the Argentina cybersecurity industry, according to the market report?

The key players in the market are Microsoft Corporation, IBM Corporation, Oracle Corporation, Cisco Systems, Inc., McAfee, LLC, Dell Inc., Avast Software s.r.o., ZESTDATA, Panda Security, S.L.U., and BASE4 Security S.A., among others.

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