According to SPER Market Research analysis,
the global Cybersecurity market has the potential to grow with USD 380.52 billion with historical CAGR in the forecast period from 2020-2027. The emerging adoption of smartphones, increasing penetration of the internet, and continuous flow of data involves a high risk of cyber-attacks and managing issues by IT management. Thus, these factors are driving the market share of the global cybersecurity market.
Organizations such as BFSI, military, retail, or information technology, and others are emerging due to the outbreak of disruptive technology that provides automation, new capabilities, and improve their working process. These technologies are also becoming a vital threat to the organization owing to the increasing cybercrime rate, data theft, malware, and other vulnerabilities that are propelling the demand need for cybersecurity solutions.
Moreover, with the popularization of new technology applications such as big data and cloud computing, the number of network attacks is becoming more frequent, the scale is increasing, and the consequences are becoming more and more dangerous. The small-scale network security industry has received unprecedented attention. Thus, the market demand for cybersecurity is fueling at a global level, and cybersecurity services will increase its market share in the forecast period.
Additionally, the rapid economic development in developing countries resulted in augmented growth. SPER Market Research analysts estimates the Cybersecurity has become a key information system in the IT industry includes regional analysis on North America, Asia-Pacific, Europe, South America, and Middle East & Africa.
Companies Covered
- AWS
- Check Point Software Technologies
- Cisco Systems
- Cyberark
- F5 Networks
- Fireeye
- Forcepoint
- Fortinet
- F-Secure
- IBM Corporation
- Imperva
- Juniper Networks
- McAfee
- Micro Focus
- Microsoft
- Oracle
- Palo Alto Networks
- Proofpoint
- Qualys
- Rapid7
- RSA Security
- Sophos
- Others Prominent Players
Key Questions Answered by Report
- What was the market size trend of 2015-19?
- What will be the market size trend of next 4-5 years?
- What are the most common brands in terms of value?
- And others
Reasons to buy this report
- This SPER Market Research report will help to develop Business Strategies by understanding the trends shaping and driving cybersecurity market
- Organize sales and marketing efforts by identifying the best opportunities for cybersecurity market
- To understand the future market competition in the global cybersecurity market.
The report is based on in-depth qualitative and quantitative analysis of Global Cybersecurity Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Browse report overview on "Global Cybersecurity Market By Product Type (Solutions, Services), By Deployment (On-cloud, On-premise), By End-user Industry (Aerospace, Defense & Intelligence, Banking, Financial Services & Insurance (BFSI), Healthcare, Manufacturing, Retail, Public Utility, IT and Telecommunication), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa), Global Forecast to 2027" at:
https://www.sperresearch.com/report-store/Global-Cybersecurity-Market.aspx