Global Cybersecurity Market Growth (Status and Outlook) 2023-2029

SKU ID : LPI-22293337 | Publishing Date : 03-Jan-2023 | No. of pages : 122

Cybersecurity is the practice of protecting critical systems and sensitive information from digital attacks. Also known as information technology (IT) security, cybersecurity measures are designed to combat threats against networked systems and applications, whether those threats originate from inside or outside of an organization.

LPI (LP Information)' newest research report, the “Cybersecurity Industry Forecast” looks at past sales and reviews total world Cybersecurity sales in 2022, providing a comprehensive analysis by region and market sector of projected Cybersecurity sales for 2023 through 2029. With Cybersecurity sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cybersecurity industry.

This Insight Report provides a comprehensive analysis of the global Cybersecurity landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cybersecurity portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cybersecurity market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cybersecurity and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cybersecurity.

The global Cybersecurity market size is projected to grow from US$ 133650 million in 2022 to US$ 262180 million in 2029; it is expected to grow at a CAGR of 10.1% from 2023 to 2029.

Global core cybersecurity manufacturers include Cisco, Palo Alto networks, Fortinet etc.The top 5 companies hold a share about 10%.North America is the largest market, with a share about 45%, followed by Europe and Asia Pacific with the share about 25% and 23%.In terms of product, service is the largest segment, with a share over 45%. And in terms of application, the largest application is BFSI, followed by healthcare.

This report presents a comprehensive overview, market shares, and growth opportunities of Cybersecurity market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Hardware

Software

Service

Segmentation by application

BFSI

IT & Telecom

Retail

Healthcare

Government

Manufacturing

Energy

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Palo Alto Networks

Cisco

IBM

Fortinet

Check Point

McAfee

Trend Micro

Broadcom (Symantec)

RSA Security

QI-ANXIN

Venustech

Sangfor Technologies

CyberArk

TOPSEC

Rapid7

NSFOCUS

DAS-security

Asiainfo Security

Hillstone Networks

Dptech

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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