Global Cybersecurity Market Size Analysis, 2018-2028
| REPORT ID: BKR717 | Domain: Information Technology | Published Date: May 2018 |
Global Cybersecurity Market Size Analysis
The Global Cybersecurity Market is estimated to be valued over USD 150 Billion in 2018 and is expected to register a healthy CAGR of 10.7% to create high revenue opportunity for industry players during the forecast period (2018-2028).
Global Cybersecurity Market Drivers and Challenges
Global Cybersecurity market is driven primarily due to the increasing due to growing incidence of data breaches and threats across various verticals. For instance; in April 2018, three banks in Mexico experienced an incidence of cyber-attack while operating with SPEI, Mexico’s interbank electronic transfer system. In addition to other factors such as stringent data privacy measures, growing cloud adoption across various end-use, use of legacy systems are certain factors that are expected to boost the growth of the cyber security market in the near future. Limited security budget especially in small organisations and integration compatibility issues with the existing infrastructure are anticipated to hinder the growth of the cyber security market to a certain extent.
Global Cybersecurity Market Analysis, By End-use Verticals
Cybersecurity market size will be driven by deployment across wide range of applications namely – BFSI, Defense, Healthcare, Government, Automotive, Retail, Telecom, IT services, Manufacturing, Energy and Utitlites, Media & Entertainment, and Others. BFSI and Government segments is estimated to cumulatively accounts for largest share of global demand in 2018 primarily due to growing number of threats and availability of large sets of valuable data sets. Various large scale banks and governments agencies in certain countries such as U.S. and U.K. are deploying measures to enhance their security at the backend infrastructure. The health care segment is anticipated to grow at a high CAGR during the forecast period primarily due to large deployment of digitalization.
For instance; In April 2018, the The National Health Service, U.K. announced plans to enhance their infrastructure against any cyberattacks and would spend over US$ 200 Million over deploying solutions to secure its systems.
Global Cybersecurity Market Analysis, By Organization Type
Large scale enterprise segment currently dominates the cybersecurity market primarily due to high adoption among large scale financial services providers especially banks. According to ‘Cyber Security Breaches Survey 2018’, it is estimated that over 40% of businesses in the U.K. have experienced a cyber-attack in 2017. Although the total number of cyberattacks witnessed a drop from 46% last year, 72% of the total large businesses witnessed an attacks and increase from 68% last year.
Global Cybersecurity Market Size and Forecast: Regional Analysis
The market in North America currently dominates the global Cybersecurity market followed by Europe, primarily due to growing number of cyber threats and incidence across various verticals In addition, governments in various countries especially the U.S. have increased their spending on cybersecurity to ensure safety of public and confidential data and information. For instance for the fiscal year 2019, the U.S. presidential’ budget for cybersecurity-related activities would reach to an estimated value of US$ 14.9 Bn, an increase of US$ 583 Mn from last year estimated levels.
Asia Pacific cybersecurity market pose a lucrative opportunity for players to invest in the coming years and is forecast to grow at a high rate during the forecast period. This is primarily due to growing adoption of cybersecurity technology across various verticals especially in BFSI, healthcare and government sectors in the region.
Global Cybersecurity Market Size and Forecast: Competition Landscape
Some of the key players in the global Cybersecurity market are McAfee LLC, Trend Micro, Inc., Symantec Corporation, Hewlett Packard Enterprise, Check Point Software Technologies Ltd., Cisco Systems, Inc., Palo Alto Networks, Inc., Juniper Networks, Inc. , Fortinet, Inc., FireEye, Inc. (US), Sophos Ltd. (UK), Rapid7, Inc. (US), EMC RSA (US), LogRhythm, Inc. (US), Optiv Security Inc. (US), Webroot, Inc. (US), CyberArk Software Ltd. (US), Qualys, Inc. (US), F-Secure (Finland), Trustwave Holdings, Inc. (US), Proofpoint, Inc. (US), Splunk, Inc. (US), Kaspersky Lab (Russia), and Imperva, Inc. (US). and among others are provided in this report.
Cybersecurity Market Industry Segmentation
BY Type
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Wireless Security
- Others
BY Component Type
- Solution
- Identity and Access Management
- Risk and Compliance Management
- Encryption
- Data Loss Prevention
- Unified Threat Management
- Firewall
- Antivirus/Anti-Malware
- Intrusion Detection System/Intrusion Prevention System
- Security and Vulnerability Management
- Disaster Recovery
- Distributed Denial of Service Mitigation
- Security Information and Event Management
- Services
- Managed Services
- Consulting Services
- Design, Implementation and Integration Services
- Training and Education Services
- Support and Maintenance Services
- Risk and Threat Assessment Services
By End-use Verticals:
- BFSI
- Defense
- Healthcare
- Government
- Automotive
- Retail
- Telecom
- IT services
- Manufacturing
- Energy and Utitlites
- Media & Entertainment
- Others
By Organization Size:
- Large Scale Enterprises
- Mid-Scale Enterprises
- Small Scale Enterprises
What Will You Discover in the Report?
- An in-depth analysis of the Cybersecurity market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
- How the Cybersecurity market sales is expected to grow throughout the forecast period.
- How geopolitical policies and technological changes will affect the Cybersecurity market in near future
- Where the stakeholders should invest to generate higher profit margins
- How consumers (end-users) will reflect to the Cybersecurity industry during the forecast period
- Who are the Cybersecurity industry leaders and what are the key initiatives taken by them for long term growth
Analyst access with Bekryl Market Analysts
Purchasing of Cybersecurity market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.
Cybersecurity Market Size TOC
- Report Structure
- Research Methodology
- Market Engineering Factors Weightage
- Market Share Methodology
- Executive Summary
- Key Findings
- Market Engineering Factors
- Industry Expert Perspectives
- Market Definitions
- The Global Cybersecurity Market Value
- Overall Market Forecast
- Cybersecurity Growth Outlook, By Segments
- Cybersecurity Growth Scenario, by Region
- The Cybersecurity Industry Ecosystem
- Parent Market Overview
- Industry Value Chain
- Growth Factor Analysis
- Key Industry Players By Region
- The Cybersecurity Industry Dynamics
- Drivers
- Challenges
- Opportunities
- Mega Trends
- Geographical Trends
- Industry Experts Views
- Merger Acquisition and Compliances, By Selected countries
- Global Cybersecurity Industry Value and Forecast
- Introduction
- Industry Initiatives
- Industry Predictive Analysis
- Cybersecurity Industry Segment Comparative Ranking Analysis
- Key Companies Involved and Initiatives
- Global Industry Opportunity Proposition Analysis
- Market Share Analysis, (%)
- Global Cybersecurity Market Size and Forecast, (2017-2027)
- Market Value Forecast (US$ Million)
- Growth Analysis (Y-o-Y) and Forecast
- Global Cybersecurity Industry Size and Forecast, By Segments
BY Type
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Wireless Security
- Others
BY Component Type
- Solution
- Identity and Access Management
- Risk and Compliance Management
- Encryption
- Data Loss Prevention
- Unified Threat Management
- Firewall
- Antivirus/Anti-Malware
- Intrusion Detection System/Intrusion Prevention System
- Security and Vulnerability Management
- Disaster Recovery
- Distributed Denial of Service Mitigation
- Security Information and Event Management
- Services
- Managed Services
- Consulting Services
- Design, Implementation and Integration Services
- Training and Education Services
- Support and Maintenance Services
- Risk and Threat Assessment Services
By End-use Verticals:
- BFSI
- Defense
- Healthcare
- Government
- Automotive
- Retail
- Telecom
- IT services
- Manufacturing
- Energy and Utitlites
- Media & Entertainment
- Others
By Organization Size:
- Large Scale Enterprises
- Mid-Scale Enterprises
- Small Scale Enterprises
- North America Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis
- North America Cybersecurity Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- North America Cybersecurity Market, By Segments (As mentioned in section 10 of TOC)
- S. Cybersecurity Market Size and Forecast, By Segments
- Canada Cybersecurity Market Size and Forecast, By Segments
- Latin America Cybersecurity Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Latin America (South America) Cybersecurity Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Latin America Cybersecurity Market, By Segments (As mentioned in section 10 of TOC)
- Brazil Cybersecurity Market Size and Forecast, By Segments
- Argentina
- Mexico
- Rest of Latin America
(Cybersecurity industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Western Europe Cybersecurity Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Western Europe Cybersecurity Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Western Europe Cybersecurity Market, By Segments (As mentioned in section 10 of TOC)
- Germany Cybersecurity Market Size and Forecast, By Segments
- UK
- France
- Spain
- Italy
- NORDIC
- Switzerland
- Rest of Western Europe
(Cybersecurity industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Central and Eastern Europe (CEE) Cybersecurity Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Central and Eastern Europe Cybersecurity Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Central and Eastern Europe Cybersecurity Market, By Segments (As mentioned in section 10 of Cybersecurity Market TOC)
- Russia Cybersecurity Market Size and Forecast, By Segments
- Poland
- Ukraine
- Rest of CEE
(Cybersecurity industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Asia Pacific Cybersecurity Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Asia Pacific Countries
- Asia Pacific Cybersecurity Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Asia Pacific Cybersecurity Market, By Segments (As mentioned in section 10 of TOC)
- Japan Cybersecurity Market Size and Forecast, By Segments
- China
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
(Cybersecurity industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Middle East Cybersecurity Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Middle East Countries
- Middle East Cybersecurity Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Middle East Cybersecurity Market, By Segments (As mentioned in section 10 of TOC)
- GCC Cybersecurity Market Size and Forecast, By Segments
- Israel
- Rest of Middle East
(Cybersecurity industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Africa Cybersecurity Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Africa Countries
- Market Share Analysis, (%)
- Africa Cybersecurity Industry Size and Forecast, (2017-2027)
- Africa Cybersecurity Industry Share (%)
- Africa Cybersecurity Industry Growth Forecast (%)
- South Africa Cybersecurity Market Size and Forecast, By Segments
- Algeria
- Nigeria
(Cybersecurity industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Cybersecurity Market Competitive Landscape
- Competition Dashboard
- Funding and Investment
- Company Market Positioning
- Marketing Mix Strategies
- Product Level Strategies
- Go-to-Market Strategies
- SWOT Analysis
- Key Developments, By Companies
- Company Profiles*
- McAfee LLC,
- Trend Micro, Inc.,
- Symantec Corporation,
- Hewlett Packard Enterprise,
- Check Point Software Technologies Ltd.,
- Cisco Systems, Inc.,
- Palo Alto Networks, Inc.,
- Juniper Networks, Inc. ,
- Fortinet, Inc.,
- FireEye, Inc. (US),
- Sophos Ltd. (UK),
- Rapid7, Inc. (US),
- EMC RSA (US),
- LogRhythm, Inc. (US),
- Optiv Security Inc. (US),
- Webroot, Inc. (US),
- CyberArk Software Ltd. (US),
- Qualys, Inc. (US),
- F-Secure (Finland),
- Trustwave Holdings, Inc. (US),
- Proofpoint, Inc. (US),
- Splunk, Inc. (US),
- Kaspersky Lab (Russia),
- Imperva, Inc. (US).
- Analyst Opinion
- Summary and Conclusion
- For more Information, Bekryl can help
*(SWOT, Key Developments, and Strategies are based on individual companies)
To access the detailed Cybersecurity industry TOC and sample research pages, download sample.
Cybersecurity Market Report Structure
Cybersecurity Industry Dynamics
This section enables Cybersecurity industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Cybersecurity market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Cybersecurity industry trends and keep industry leaders abreast of latest happenings.
This section includes:
- Market Drivers
- Market Challenges
- Cybersecurity Industry Trends
- Cybersecurity Value Chain Analysis
- Marketing Opportunities
- Regulatory Aspects
- Cybersecurity Industry Experts Market Opinion
Industry Analysis, By Segments
Industry stakeholders receive detailed analysis of the Cybersecurity industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.
Each segment has research framework, essential to understand the market scenario in near future.
Each segment includes:
- Market Size and Forecast
- Annual Growth Rate Analysis (AGR)
- Key Trends, By segments
- Key Industry Developments
- Investment Proposition Analysis
- Potential Addressable Market Analysis
- Growth Factor, By Segment Analysis
This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.
Competition Landscape
Keep abreast of key strategies of industry leaders and regional Cybersecurity industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.
This section include:
- Competition dashboard
- SWOT Analysis by Companies
- Go-to-market sales strategy
- Financial performances subject to listed companies
- Market Share Analysis
- Analyst Recommendation
Regional Market Analysis
Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Cybersecurity market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.
This section include:
- Market Size by Country and Region
- Market Opportunity, By Country and Region
- Regional Trends
- Growth Analysis and Forecast
Country Profiles
Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any
North America Cybersecurity Market Size
- S.
- Canada
Latin America Cybersecurity Market Size
- Brazil
- Mexico
- Argentina
- Rest of Latin America
(*Cybersecurity Market value analyzed across each Latin America country)
Western Europe Cybersecurity Market Size
- Germany
- UK
- France
- Switzerland
- Spain
- Italy
- NORDIC
- Rest of Western Europe
(*Cybersecurity Market value analyzed across each Western Europe country)
Central and Eastern Europe Cybersecurity Industry Analysis
- Russia
- Poland Meat
- Ukraine Meat
- Rest of Eastern Europe
(*Cybersecurity Market value analyzed across each Central and Eastern Europe country)
Asia Pacific Cybersecurity Industry Size
- China
- India
- Japan
- Australia
- South Korea
- ASEAN Meat
- Rest of Asia Pacific
(*Cybersecurity Market value analyzed across each Asia Pacific country)
Middle East Cybersecurity Industry Size
- GCC
- Israel
- Rest of Middle East
(*Cybersecurity Market value analyzed across each Middle East country)
Africa Cybersecurity Industry Size
- South Africa
- Algeria
- Nigeria
- Rest of Africa
Cybersecurity Market Research Methodology
Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.
Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.
Cybersecurity Market Growth Forecasting Methodology
In order to prepare historical data and analyze Cybersecurity market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Cybersecurity market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.
- Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
- The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.
With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Cybersecurity market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.
The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries. Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Cybersecurity industry growth is nearly 3.5X to 5.5X higher than the relative GDP.
Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.
- Base Factors Growth Analysis
- Price Variation Analysis
- Potential Consumer Mapping
Cybersecurity Industry Players: Competition Landscape Methodology
Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.
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