Global Cyber ​​Security Market Forecast & Analysis 2022-2028: Increasing Shift Towards Online Consumer Services Drives Demand For Increased Cyber ​​Security – ResearchAndMarkets.com

Global Cyber ​​Security Market Forecast & Analysis 2022-2028: Increasing Shift Towards Online Consumer Services Drives Demand For Increased Cyber ​​Security – ResearchAndMarkets.com

DUBLIN–(COMMERCIAL WIRE)–The “Global Cyber ​​Security Market, By Type, By Solution, By Industry Vertical, By Services, And By Region – Forecast & Analysis 2022 – 2028” Report has been added to ResearchAndMarkets.com offering.

The Global Cyber ​​Security Market was valued at USD 140.12 billion in 2021, and is expected to reach a value of USD 423.56 billion by 2028, with a CAGR of over 17.12% during the forecast period (2022 – 2028).

Cyber ​​attacks are a serious concern, particularly for high-value targets, including government, defense, and aerospace agencies. Governments around the world have strict cybersecurity regulations in place to protect the data and privacy of individuals and businesses. The market is being driven by such government rules and regulations.

market dynamics

drivers

  • The key aspect driving the growth of the market includes the increasing demand for cybersecurity mesh. The cybersecurity mesh is a new paradigm on security architectures. It enables decentralized enterprises to deliver and extend security where it is needed most. It is a decentralized notion that tries to protect the identities of users or computers, and is one of the most popular tactics right now. Whether on premises or in the cloud, the goal is to limit access to an organization’s network to authorized people (or systems). The cybersecurity network helps IT professionals manage protection from each access point while preventing attackers from gaining access to the system.

  • The rise in malware and phishing threats among businesses are other factors driving cybersecurity adoption. Malware, such as viruses and Trojan horses, have significantly increased their ability to infiltrate, control, and damage entire electronic information networks. Cybercriminals frequently use malware to gain control of devices or computers for profit. This is done so that the machine can be used for fraudulent transactions or criminal activity immediately. This further fuels the growth of the industry.

Restriction

  • The factor negatively impacting the growth of the market is the low cybersecurity budget and high installation costs. The cybersecurity budget of emerging startups is insufficient to adopt next-generation firewall (NGFW) and advanced threat protection (ATP) technologies. Due to their limited financial resources, these companies lack the necessary IT security infrastructure, resulting in slow adoption of new technologies and corporate security solutions. Small businesses are tasked with managing budget finances for a variety of operational issues and business continuity plans; that limits growth.

Key market trends

  • The key trend driving cloud computing services is the increasing shift of consumers to online services. The growing network of online services, such as banking and financial services, is also driving the market. In the last decade, mobile payments alone surpassed the $400 billion mark. With such large amounts of money transactions, cyber attacks are always a possibility. Cybersecurity costs billions of dollars to companies and governments. Therefore, the security of which requires cyber security, which, in turn, is projected to drive the growth of the market.

  • The increasing use of social networks and cloud services is another important driving factor for the market. With a large amount of personal information stored on web servers and cloud storage; hacking is always a possibility. The number of cases of personal information being hacked and made public is on the rise. Cyber ​​security is also becoming more popular among people which is driving the growth of the market.

  • Aircraft navigation and guidance systems are also vulnerable to cyber attacks, which can have many other consequences. As a result, all activities on the ground and in the air require a strong security architecture for computers and networks. The rapid adoption of machine-to-machine (M2M) technologies in the aerospace industry and by governments increased the focus on cyber security to combat cyber terrorism. This has further fueled industry demand for cybersecurity in this sector in recent years.

Key Topics Covered:

Executive Summary

Analysis of the parent market

Market Overview

Market size

KEY MARKET INSIGHTS

  • technology analysis

  • Price analysis

  • Supply chain analysis

  • Analysis of the value chain

  • market ecosystem

  • IP Analysis

  • commercial analysis

  • startup analysis

  • Raw material analysis

  • Innovation Matrix

  • Analysis of pipe products

  • Macroeconomic indicators

COVID IMPACT

  • Impact on the economy

  • Revised market size

  • Impact of COVID on key segments

  • COVID strategies by company

MARKET DYNAMICS AND OUTLOOK

Global Cyber ​​Security Market by Type

  • Market segments

  • network security

  • Application security

  • mobile security

  • wireless security

  • cloud security

Global cybersecurity market by solution

  • Market segments

  • Disaster recovery

  • anti-malware

  • antivirus

  • Mobile device management

  • firewalls

  • Authentication

  • Authorization

  • intrusion detection

  • Protection Systems (ID/IP Systems)

  • Network access control

  • Data Loss Prevention

  • encryption

  • DDOS Mitigation

  • Safety information

  • Event management (SIEM), white lists

Global Cyber ​​Security Market by Vertical Industry

  • Market segments

  • Government

  • Defending

  • Aerospace

  • Banking

  • Financial services industries, Travel

  • Transportation

  • Telecommunication

  • Health care

  • Retail sale

  • Manufacturing

Global cyber security market by services

  • Consulting services

  • Network vulnerability assessment

  • Managed security services

  • Design

  • Integration

Market size by region

KEY COMPANY PROFILES

  • AVG Technologies

  • Check Point Software Technologies Ltd.

  • cisco systems inc.

  • Cyber ​​Ark Software Ltd.

  • dell technologies inc.

  • fireeye inc.

  • fortnite

  • IBM Corporation

  • imperva

  • intel security

  • Palo Alto Networks Inc.

  • test point inc

  • rapid7 inc.

  • Symantec Corporation

  • TrendMicro Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/b8y06

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