Australia Cyber Security Market Overview
According to SPER Market Research, the Australia Cyber Security Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Australia is a developed country whose operations rely heavily on technology. Because of this heavy reliance on technology, cybersecurity is becoming a vital component of its economy. The market for products and services that assist in protecting computers, networks, and other electronic devices from malicious assaults, data theft, and other cyberthreats is known as the Australian cybersecurity market. Due to an increase in cyberattacks and data breaches, the Australian cybersecurity industry is characterised by a quickly expanding need for cybersecurity solutions. Network security, application security, endpoint security, cloud security, and other categories make up the market.
The growing popularity of cloud computing, the Internet of Things (IoT), and Bring Your Own Device (BYOD) rules is predicted to increase the demand for cybersecurity solutions. Because of these trends, there is now a larger surface area for cyberattacks, making cybersecurity essential for all sizes of companies. The development of the Australian cybersecurity market has been significantly aided by the public sector. Overall, the Australian cybersecurity market is a thriving and dynamic sector that is anticipated to grow more in the years to come. The need for cybersecurity solutions is anticipated to continue high due to the rise in cyber threats and increased reliance on technology, creating several opportunities for both domestic and foreign businesses.
Impact of COVID-19 on the Australia Cyber Security Market
Globally and in Australia, the COVID-19 pandemic has had a significant effect on cybersecurity. The epidemic has quickened the pace of digital transformation as many companies and organisations switch to remote work and digital platforms to cope with the new normal. Cybersecurity is now more important than ever because of the rising reliance on technology as a result of this. A significant effect of the pandemic on Australia's cybersecurity market has been an increase in cyberthreats. Cybercriminals have launched phishing, ransomware, and other sorts of cyber-attacks using the epidemic as a pretext, focusing on both people and companies. Because of this, there is now a higher need for cybersecurity solutions that can fend off these dangers.
The pandemic's other effect has been to increase demand for cloud security. The need for cloud security solutions has grown as more businesses move their operations to the cloud to facilitate remote labour. As a result, enterprises are putting more emphasis on cloud security and investing in tools like cloud access security brokers (CASBs) to safeguard their cloud environments. In conclusion, the COVID-19 pandemic has significantly impacted the cybersecurity market and has quickened Australia's pace of digital transformation. As a result, companies and organisations are spending more money on cybersecurity solutions to safeguard their operations and digital assets.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Security Type, By Solutions Type, By Deployment Mode, By End Use Industry.
|
| Regions covered | New South Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria & Western Australia.
|
| Companies Covered | AWS Australia, Broadcom, Cisco Systems Australia Pty Ltd, Fortinet Australia, IBM Australia Ltd., Juniper Networks Australia Pty Ltd., Microsoft Australia, Oracle Corporation Australia Pty Ltd, Rapid7 Australia Pty Ltd., Trend Micro Australia Pty Ltd.
|
Key Target Audience:
- Elevator and Escalator manufacturers
- Suppliers and distributors
- Contractors
- Architects
- Building owners and managers
- Regulatory bodies
- Government agencies
- Industry associations
- Investors
- Real estate developers
- Facility management companies
- Construction companies
- Maintenance and repair companies
- End-users such as residential, commercial and public buildings
Australia Cyber Security Market Segmentation:
1. By Security Type:
- Application Security
- Cloud Security
- Content Security
- Endpoint Security
- Network Security
2. By Solutions Type:
- Antivirus & Malware
- Data Loss Prevention
- Encryption & Decryption
- Firewall
- Identity & Access Management
- Infrastructure Security
- Intrusion Detection/Prevention System
- Risk & Compliance Management
- Unified Threat Management
3. By Deployment Mode:
4. By End Use Industry:
- BFSI
- Defense
- Energy & Power
- Healthcare
- IT & Telecom
- Retail
5. By Region:
- New South Wales
- Northern Territory
- Queensland
- South Australia
- Tasmania
- Victoria
- Western Australia
Key Topics Covered in the Report:
- Australia Cyber Security Market Size (FY’2019-FY’2032)
- Overview of Australia Cyber Security Market
- Segmentation of Australia Cyber Security Market By Security Type (Application Security, Cloud Security, Content Security, Endpoint Security, Network Security, Others)
- Segmentation of Australia Cyber Security Market By Solutions Type (Antivirus & Malware, Data Loss Prevention, Encryption & Decryption, Firewall, Identity & Access Management, Infrastructure Security, Intrusion Detection/Prevention System, Risk & Compliance Management, Unified Threat Management, Others)
- Segmentation of Australia Cyber Security Market By Deployment Mode (On-Premise, Cloud)
- Segmentation of Australia Cyber Security Market By End Use Industry (BFSI, Defense, Energy & Power, Healthcare, IT & Telecom, Retail, Others)
- Statistical Snap of Australia Cyber Security Market
- Growth Analysis of Australia Cyber Security Market
- Problems and Challenges in Australia Cyber Security Market
- Competitive Landscape in the Australia Cyber Security Market
- Impact of COVID-19 and Demonetization on Australia Cyber Security Market
- Details on Recent Investment in Australia Cyber Security Market
- Competitive Analysis of Australia Cyber Security Market
- Key Players in the Australia Cyber Security Market
- SWOT Analysis of Australia Cyber Security Market
- Australia Cyber Security Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1.2. Market segment analysis
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.2. COVID-19 Impacts of the Australia Cyber Security Market
5. Market variables and outlook
5.2.1 Political landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
6.1 Australia Cyber Security Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Australia Cyber Security Market
7. Australia Cyber Security Market, By Security Type, 2019-2032 (USD Million)
8. Australia Cyber Security Market, By Solutions Type, 2019-2032 (USD Million)
8.2 Data Loss Prevention8.3 Encryption & Decryption
8.5 Identity & Access Management
8.7 Intrusion Detection/Prevention System
8.9 Unified Threat Management
9. Australia Cyber Security Market, By Deployment Mode, 2019-2032 (USD Million)
10. Australia Cyber Security Market, By End Use Industry, 2019-2032 (USD Million)
10.2 Defense10.4 Healthcare10.6 Retail
11. Australia Cyber Security Market, By Region, 2019-2032 (USD Million)
11.1 Australia Cyber Security Size and Market Share by Region (2019-2025)
11.2 Australia Cyber Security Size and Market Share by Region (2026-2032)
12.1.4 Recent developments
12.2.4 Recent developments
12.3 Cisco Systems Australia Pty Ltd
12.3.4 Recent developments
12.4.4 Recent developments
12.5.4 Recent developments
12.6 Juniper Networks Australia Pty Ltd.
12.6.4 Recent developments
12.7.4 Recent developments
12.8 Oracle Corporation Australia Pty Ltd
12.8.4 Recent developments
12.9 Rapid7 Australia Pty Ltd.
12.9.4 Recent developments
12.10 Trend Micro Australia Pty Ltd
12.10.2 Financial outlook
12.10.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product 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.
