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Cybersecurity - Global Market Outlook (2018-2027)

Cybersecurity - Global Market Outlook (2018-2027)

Published: March 2020 ID: SMRC18991
Published: March 2020 ID: SMRC18991

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Cybersecurity market is accounted for $152.71 billion in 2018 and is expected to reach $430.33 billion by 2027 growing at a CAGR of 12.2% during the forecast period. Some of the key factors propelling the market growth are increasing acceptance of Internet of Things, technological advancements, and high demand for cloud solutions. However, insufficient number of expert workforce is the restraining factor for the growth of the market.

Cybersecurity is the protection of computer systems and networks from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services provided by them.

By deployment, the cloud segment is expected to grow at a significant market share during the forecast period. The growth of this segment is mainly attributed to low cost of maintenance, which mainly attracts the small & medium enterprises. Also, they do not require purchase, installation and maintenance of hardware or software. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to the presence of key market players in the region.

Some of the key players in Cybersecurity Market include Intel Corporation, IBM, Microsoft, Google, McAfee LLC, Cisco, Sophos Ltd, Check Point Software Technologies Ltd, FireEye Inc, Trend Micro Incorporated, Imperva, Symantec Corporation, Micro Focus, and Rapid7.

Deployments Covered:
• Cloud
• On Premises

Organization Sizes Covered:
• Large Enterprises
• Small & Medium Enterprises

Services Covered:
• Managed Security Services
• Professional Services

Security Types Covered:
• Application Security
• Network Security
• Cloud Security
• Endpoint Security
• Enterprise Security
• Infrastructure Security
• Other Security Types

Solutions Covered:
• Threat Intelligence
• Encryption
• Firewall
• Disaster Recovery
• Web Filtering
• Antivirus/Antimalware
• Data Loss Prevention
• Distributed Denial Of Service Mitigation
• Intrusion Detection Systems/Intrusion Prevention Systems
• Other Solutions

Offerings Covered:
• Security and Privacy Service
• Unified Vulnerability Management

End Users Covered:
• Government and Defense
• Banking, Financial Services and Insurance (BFSI)
• Manufacturing
• IT and Telecom
• Retail
• Energy and Utilities
• Healthcare
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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