As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Cyber Security Market: By Component: Solution, Services; By Deployment: Cloud, On-Premises, Others; By Security Type: Cloud Security, Application Security, Others; By Organisation Size; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Cyber Security Market Outlook

The global cyber security market reached a value of USD 180 billion in 2020. The industry is further expected to grow at a CAGR of 10% in the forecast period of 2021-2026 to reach a value of over USD 300 billion by 2026.

 

North America Leading the Global Market for Cyber Security

The global cyber security industry is led by North America and is likely to dominate the market in the coming years as well. The market for cyber security solutions can be attributed to the presence of prominent security companies with global and regional headquarters in the United States. Increased expenditure on security solutions and services by large companies and small and medium-sized enterprises is also driving the market growth. In addition, growing stringency in data privacy and protection standards and policies also contributes to the growth of the regional industry.

 

Asia Pacific Likely to Witness Significant Growth

Asia Pacific is also expected to grow rapidly in the forecast period. Growing efforts to secure endpoints, networks, and cloud infrastructure are expected to contribute to market growth in the Asia Pacific region. The rapid adoption of smartphones and the use of the Internet is increasing digital services across the country. Growing use of cloud and digital services also raises security risks and data theft, which is leading to the growth of the market.

 

Cyber Security: Industry Definition and Segmentation

Cybersecurity is a process that protects networks, devices, and programmes from digital attacks. Cyber-attacks are typically aimed at modifying, accessing, or damaging confidential information; extorting money from consumers; or interrupting regular business processes. It is also known as protection of information technology or electronic information security.

Based on component, the market can be divided as follows:

  • Solution
    • Threat Intelligence
    • Encryption
    • Data Loss Prevention
    • Unified Threat Management
    • Firewall
    • Antivirus/Antimalware
    • Intrusion Detection Systems/Intrusion Prevention Systems
    • Disaster Recovery
    • Distributed Denial of Service Mitigation
    • Web Filtering
    • Others
  • Services
    • Professional Services
    • Managed Security Services

Deployment can be divided into cloud and on-premises, among others.

Security type can be categorised as follows:

  • Cloud Security
  • Application Security
  • Endpoint Security
  • Data Security
  • Network Security
  • Infrastructure Protection
  • Others

Organisation size can be segmented into:

  • Large Enterprises
  • Small and Medium Enterprises
  • Others

End-uses of the product can be divided as follows:

  • BFSI
  • Government and Defence
  • Energy and Utilities
  • Healthcare
  • IT and Telecom
  • Manufacturing
  • Retail
  • Others

The regional markets for cyber security can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Cyber Attacks Bolstering the Market Growth

The rise in the frequency and complexity of cyber-attacks is one of the key factors driving the growth of the cyber security industry. The increasing need for advanced cyber protection among small and large enterprises is likely to be a major trigger for the market over the forecast period. There is a steady rise in the frequency of major cyber-attacks in the world. Cyber-terrorists target endpoints, records, networks, and other IT infrastructure that cause huge financial losses to companies, individuals, and governments. This, in turn, is expected to accelerate the development of the market for cyber security. Using artificial intelligence, machine learning, and blockchain cyber defence technologies is expected to create an opportunity for the cyber security industry.

 

Key Industry Players in the Global Cyber Security Market

The report gives a detailed analysis of the following key players in the global cyber security market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BAE Systems plc,
  • Cisco Systems, Inc.
  • Check Point Software Technologies Ltd
  • Dell Inc.
  • IBM Corporation
  • Intel Security
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

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 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    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cyber Security Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cyber Security Historical Market (2016-2020) 
    8.3    Global Cyber Security Market Forecast (2021-2026)
    8.4    Global Cyber Security Market by Component
        8.4.1    Solution
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Threat Intelligence
                    8.4.1.4.1.1    Market Share
                    8.4.1.4.1.2    Historical Trend (2016-2020)
                    8.4.1.4.1.3    Forecast Trend (2021-2026)
                8.4.1.4.2    Encryption
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
                8.4.1.4.3    Data Loss Prevention
                    8.4.1.4.3.1    Market Share
                    8.4.1.4.3.2    Historical Trend (2016-2020)
                    8.4.1.4.3.3    Forecast Trend (2021-2026)
                8.4.1.4.4    Unified Threat Management
                    8.4.1.4.4.1    Market Share
                    8.4.1.4.4.2    Historical Trend (2016-2020)
                    8.4.1.4.4.3    Forecast Trend (2021-2026)
                8.4.1.4.5    Firewall
                    8.4.1.4.5.1    Market Share
                    8.4.1.4.5.2    Historical Trend (2016-2020)
                    8.4.1.4.5.3    Forecast Trend (2021-2026)
                8.4.1.4.6    Antivirus/Antimalware
                    8.4.1.4.6.1    Market Share
                    8.4.1.4.6.2    Historical Trend (2016-2020)
                    8.4.1.4.6.3    Forecast Trend (2021-2026)
                8.4.1.4.7    Intrusion Detection Systems/Intrusion Prevention Systems
                    8.4.1.4.7.1    Market Share
                    8.4.1.4.7.2    Historical Trend (2016-2020)
                    8.4.1.4.7.3    Forecast Trend (2021-2026)
                8.4.1.4.8    Disaster Recovery
                    8.4.1.4.8.1    Market Share
                    8.4.1.4.8.2    Historical Trend (2016-2020)
                    8.4.1.4.8.3    Forecast Trend (2021-2026)
                8.4.1.4.9    Distributed Denial of Service Mitigation
                    8.4.1.4.9.1    Market Share
                    8.4.1.4.9.2    Historical Trend (2016-2020)
                    8.4.1.4.9.3    Forecast Trend (2021-2026)
                8.4.1.4.10    Web Filtering
                    8.4.1.4.10.1    Market Share
                    8.4.1.4.10.2    Historical Trend (2016-2020)
                    8.4.1.4.10.3    Forecast Trend (2021-2026)
                8.4.1.4.11    Others
        8.4.2    Services
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
            8.4.2.4    Breakup by Type
                8.4.2.4.1    Professional Services
                    8.4.2.4.1.1    Market Share
                    8.4.2.4.1.2    Historical Trend (2016-2020)
                    8.4.2.4.1.3    Forecast Trend (2021-2026)
                8.4.2.4.2    Managed Security Services
                    8.4.2.4.2.1    Market Share
                    8.4.2.4.2.2    Historical Trend (2016-2020)
                    8.4.2.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Cyber Security Market by Deployment
        8.5.1    Cloud
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    On-Premises
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Cyber Security Market by Security Type
        8.6.1    Cloud Security
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Application Security
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Endpoint Security
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Data Security
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Network Security
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Infrastructure Protection
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2016-2020)
            8.6.6.3    Forecast Trend (2021-2026)
        8.6.7    Others
    8.7    Global Cyber Security Market by Organisation Size
        8.7.1    Large Enterprises
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Small and Medium Enterprises
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Others
    8.8    Global Cyber Security Market by End Use
        8.8.1    BFSI
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2016-2020)
            8.8.1.3    Forecast Trend (2021-2026)
        8.8.2    Government and Defense
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2016-2020)
            8.8.2.3    Forecast Trend (2021-2026)
        8.8.3    Energy and Utilities
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2016-2020)
            8.8.3.3    Forecast Trend (2021-2026)
        8.8.4    Healthcare
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2016-2020)
            8.8.4.3    Forecast Trend (2021-2026)
        8.8.5    IT and Telecom
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2016-2020)
            8.8.5.3    Forecast Trend (2021-2026)
        8.8.6    Manufacturing
            8.8.6.1    Market Share
            8.8.6.2    Historical Trend (2016-2020)
            8.8.6.3    Forecast Trend (2021-2026)
        8.8.7    Retail
            8.8.7.1    Market Share
            8.8.7.2    Historical Trend (2016-2020)
            8.8.7.3    Forecast Trend (2021-2026)
        8.8.8    Others
    8.9    Global Cyber Security Market by Region
        8.9.1    Market Share
            8.9.1.1    North America
            8.9.1.2    Europe
            8.9.1.3    Asia Pacific
            8.9.1.4    Latin America
            8.9.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    BAE Systems plc,   
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Cisco Systems, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Check Point Software Technologies Ltd
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Dell Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    IBM Corporation
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Intel Security
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Cyber Security Market: Key Industry Highlights, 2016 and 2026
2.    Global Cyber Security Historical Market: Breakup by Component (USD Billion), 2016-2020
3.    Global Cyber Security Market Forecast: Breakup by Component (USD Billion), 2021-2026
4.    Global Cyber Security Historical Market: Breakup by Deployment (USD Billion), 2016-2020
5.    Global Cyber Security Market Forecast: Breakup by Deployment (USD Billion), 2021-2026
6.    Global Cyber Security Historical Market: Breakup by Security Type (USD Billion), 2016-2020
7.    Global Cyber Security Market Forecast: Breakup by Security Type (USD Billion), 2021-2026
8.    Global Cyber Security Historical Market: Breakup by Organisation Size (USD Billion), 2016-2020
9.    Global Cyber Security Market Forecast: Breakup by Organisation Size (USD Billion), 2021-2026
10.    Global Cyber Security Historical Market: Breakup by End Use (USD Billion), 2016-2020
11.    Global Cyber Security Market Forecast: Breakup by End Use (USD Billion), 2021-2026
12.    Global Cyber Security Historical Market: Breakup by Region (USD Billion), 2016-2020
13.    Global Cyber Security Market Forecast: Breakup by Region (USD Billion), 2021-2026
14.    North America Cyber Security Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    North America Cyber Security Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Europe Cyber Security Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Europe Cyber Security Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Asia Pacific Cyber Security Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Asia Pacific Cyber Security Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Latin America Cyber Security Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Latin America Cyber Security Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Middle East and Africa Cyber Security Historical Market: Breakup by Country (USD Billion), 2016-2020
23.    Middle East and Africa Cyber Security Market Forecast: Breakup by Country (USD Billion), 2021-2026
24.    Global Cyber Security Market Structure

Key Questions Answered in the Report

The global cyber security market reached a value of USD 180 billion in 2020.

The market is projected to grow at a CAGR of 10% in the forecast period of 2021-2026.

The market is estimated to reach a value of about USD 300 billion by 2026.

The major drivers of the industry include rising disposable incomes, increasing population, rising construction industry, and the growing cyber-attacks.

The rising demand for advanced cyber protection in both government and private firms is expected to be a key trend guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.

The components can be divided into solutions and services. Solutions can be segmented into threat intelligence, encryption, data loss prevention, unified threat management, firewall, antivirus/antimalware, intrusion detection systems/intrusion prevention systems, disaster recovery, distributed denial of service mitigation, and web filtering, among others. Services are further divided into professional services and managed security services.

Deployment can be divided into cloud and on-premises, among others.

The security type can be segmented into cloud security, application security, endpoint security, data security, network security, and infrastructure protection, among others.

The organisation sizes include large enterprises and small and medium enterprises, among others.

The end-use sectors include BFSI, government and defence, energy and utilities, healthcare, IT and telecom, manufacturing, and retail, among others.

The leading players in the market are BAE Systems plc, Cisco Systems, Inc., Check Point Software Technologies Ltd, Dell Inc., IBM Corporation, and Intel Security, among others.

Analyst Review

The global cyber security market attained a value of USD 180 billion in 2020, driven by the growing need for cyber security. Aided by the growth in the frequency and complexity of cyber-attacks, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 10%. The industry is projected to reach more than USD 300 billion by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its components, the global market for cyber security can be segmented into solutions and services. Solutions can be segmented into threat intelligence, encryption, data loss prevention, unified threat management, firewall, antivirus/antimalware, intrusion detection systems/intrusion prevention systems, disaster recovery, distributed denial of service mitigation, and web filtering, among others. Services can further be divided into professional services and managed security services. By deployment, the industry can be divided into cloud and on-premises, among others. On the basis of security types, the industry can be divided into cloud security, application security, endpoint security, data security, network security, and infrastructure protection, among others.

The organisation sizes can be divided into large enterprises and small and medium enterprises, among others. Cyber security finds end-uses in BFSI, government and defence, energy and utilities, healthcare, IT and telecom, manufacturing, and retail, among others. The major regional markets for cyber security are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above industry include BAE Systems plc, Cisco Systems, Inc., Check Point Software Technologies Ltd, Dell Inc., IBM Corporation, and Intel Security, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3199     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4199     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5199     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Security Analytics Market Report and Forecast 2021-2026


Global Cyber Physical System Market Report and Forecast 2021-2026


Indian Smart Card Market Report and Forecast 2021-2026


India Biometrics Market Report and Forecast 2021-2026


Global Smart Labels Market Report and Forecast 2021-2026


NEWSLETTER