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Cybersecurity Market: Global Opportunity and Trend Analysis, 2020-2030 [Upcoming Report]

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Overview

Our estimates suggest that the global cybersecurity market is likely to be worth USD 167.1 billion in 2020, and this value is projected to reach USD 418.2 billion by 2030, growing at a CAGR of 9.6%, during the forecast period. Cybersecurity can be referred to as the act of protecting computer systems, stored data, electronic systems, mobile devices, networks and servers from digital- or cyber- attacks. Cyber-attacks are usually carried out to assess, destroy or modify important or confidential data, with an aim to extort money from users or obstruct normal processes. Some prominent types of cyber-attacks are ransomware, malware, social engineering and phishing. 

It is worth mentioning that the growing number of cyber-attacks, coupled to the increasing penetration of internet of things (IoT), bring your own devices (BYOD) and artificial intelligence (AI), are some of the factors driving the cybersecurity market. However, high reliance on traditional authentication methods and low preparedness are challenges hindering the market growth. For instance, in a scenario where security professionals are recommending identity-management solutions, such as facial recognition and biometric identification, most of the companies (over 80%) still employ usernames and passwords as the exclusive means of logging on to the internet. According to the official annual cybercrime report by cybersecurity ventures, in the near future, the monetary loss incurred owing to cyber-attacks is estimated to be worth USD 6.0 trillion.

The ongoing pandemic has further increased the threat of cyber-attacks. According to the Global Threat Index, in 2020, cyber-criminals have exploited the pandemic to spread malicious activity, including various spam campaigns related to the spread of virus. It is worth highlighting that cybersecurity experts reported an increase of 30% cyber-attacks during the pandemic. However, various initiatives have been undertaken to combat these attacks. For instance, Google claimed to have blocked around 240 million COVID-19 based spam messages and 18 million phishing emails during the pandemic. It is worth mentioning that the firm used deep learning-based malware scanner to scan over 300 billion documents per week.  However, hackers are also using new techniques for carrying out cyber-attacks, including a form of machine learning that adapts to its environment in order to remain undetected. For instance, phishing attacks have become more sophisticated with the use of SMS and voice (vishing).

In our report, the global cybersecurity market has been segmented into four key regions, namely North America, Europe, Asia-Pacific and the rest of the world. Currently, based on geography, North America holds the largest share of the overall cybersecurity market. This can be attributed to the fact that, at present, cybersecurity is a major concern in North America, which has amplified further, given the ongoing pandemic and growing penetration of smart and connected devices in households and workplaces. Ransomware, business email compromise attacks and phishing attacks are major cyber threats that enterprises based in the aforementioned region are currently facing.  

Scope of the Report

The ‘Cybersecurity Market: Global Opportunity and Trend Analysis, 2020-2030’ report features an extensive study of the current landscape of industry players engaged in the cybersecurity market. Amongst other elements, the report features:

  • A detailed, quantitative analysis of the current and future market opportunity, over the period 2020-2030
  • A qualitative analysis of key market trends, growth drivers and constraints, as well as upcoming opportunity areas within the cybersecurity market 
  • Informed insights related to the current competitive market landscape

Contents

Table Of Contents

1. PREFACE
1.1. Scope of the Report
1.2. Research Methodology
1.3. Market Segmentation
1.4. Company Profiles

2. EXECUTIVE SUMMARY
2.1. Key Insights

3. MARKET OVERVIEW
3.1. Impact of COVID-19 on Cybersecurity Market
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Expanding Threat of Cyber attacks
3.2.1.2. Mounting Exposure to Cyber Risk
3.2.1.3. Growing Risk Awareness
3.2.1.4. Increasing Regulation of cyber risk
3.2.2. Restraints
3.2.2.1. Lack of cybersecurity professionals
3.2.2.2. Usage of pirated version of cybersecurity software’s and limited budget
3.2.3. Opportunities
3.2.3.1. Need for cloud based cybersecurity solutions

4. CYBERSECURITY MARKET: DISTRIBUTION BY TYPE OF SERVICES
4.1. Chapter Overview
4.1.1. Market Size and Analysis
4.1.2. Identity and Access Management 
4.1.2.1. Key Insights
4.1.3. Market Size and Analysis
4.2. Infrastructure Management
4.2.1. Key Insights
4.2.2. Market Size and Analysis
4.3. Network Security
4.3.1. Key Insights
4.3.2. Market Size and Analysis

5. CYBERSECURITY MARKET: DISTRIBUTION BY TYPE OF ORGANIZATION
5.1. Chapter Overview
5.1.1. Market Size and Analysis
5.2. Large Enterprises
5.2.1. Key Insights
5.2.2. Market Size and Analysis
5.3. Small Medium Enterprises (SME)
5.3.1. Key Insights
5.3.2. Market Size and Analysis

6. CYBERSECURITY MARKET: DISTRIBUTION BY TYPE OF INDUSTRY
6.1. Chapter Overview
6.1.1. Market Size and Analysis
6.2. BFSI
6.2.1. Key Insights
6.2.2. Market Size and Analysis
6.3. IT & Telecom
6.3.1. Key Insights
6.3.2. Market Size and Analysis
6.4. Government & Defense
6.4.1. Key Insights
6.4.2. Market Size and Analysis
6.5. Healthcare
6.5.1. Key Insights
6.5.2. Market Size and Analysis
6.6. Others
6.6.1. Key Insights
6.6.2. Market Size and Analysis

7. CYBERSECURITY MARKET: DISTRIBUTION BY GEOGRAPHY
7.1. Chapter Overview
7.1.1. Market Size and Analysis
7.2. North America
7.2.1. Key Trends
7.2.2. Market Size and Analysis
7.2.3. US
7.2.3.1. Market Size and Analysis
7.2.4. Canada
7.2.4.1. Market Size and Analysis
7.3. Europe
7.3.1. Key Trends
7.3.2. Market Size and Analysis
7.3.3. The UK
7.3.3.1. Market Size and Analysis
7.3.4. Germany
7.3.4.1. Market Size and Analysis
7.3.5. France
7.3.5.1. Market Size and Analysis
7.3.6. Rest of Europe
7.3.6.1. Market Size and Analysis
7.4. Asia Pacific
7.4.1. Key Trends
7.4.2. Market Size and Analysis
7.4.3. China
7.4.3.1. Market Size and Analysis
7.4.4. India
7.4.4.1. Market Size and Analysis
7.4.5. Japan
7.4.5.1. Market Size and Analysis
7.4.6. Rest of Asia Pacific
7.4.6.1. Market Size and Analysis
7.5. Rest of The World
7.5.1. Key Trends
7.5.2. Market Size and Analysis
7.5.3. Latin America
7.5.3.1. Market Size and Analysis
7.5.4. Middle East
7.5.4.1. Market Size and Analysis
7.5.5. Africa
7.5.5.1. Market Size and Analysis

8. COMPANY PROFILES
8.1. Chapter Overview
8.2. Cisco
8.2.1. Company Overview
8.2.2. Financial Overview
8.2.3. Cybersecurity Portfolio
8.2.4. Recent Developments and Strategies
8.3. Check Point
8.3.1. Company Overview
8.3.2. Financial Overview
8.3.3. Cybersecurity Portfolio
8.3.4. Recent Developments and Strategies
8.4. Fortinet
8.4.1. Company Overview
8.4.2. Financial Overview
8.4.3. Cybersecurity Portfolio
8.4.4. Recent Developments and Strategies
8.5. IBM
8.5.1. Company Overview
8.5.2. Financial Overview
8.5.3. Recent Developments and Strategies
8.6. McAfee
8.6.1. Company Overview
8.6.2. Financial Overview
8.6.3. Cybersecurity Portfolio
8.6.4. Recent Developments and Strategies
8.7. Oracle
8.7.1. Company Overview
8.7.2. Financial Overview
8.7.3. Recent Developments and Strategies
8.8. Palo Alto
8.8.1. Company Overview
8.8.2. Financial Overview
8.8.3. Recent Developments and Strategies
8.9. Trend Micro
8.9.1. Company Overview
8.9.2. Cybersecurity Portfolio
8.9.3. Recent Developments and Strategies
8.10. Juniper Networks
8.10.1. Company Overview
8.10.2. Financial Overview
8.10.3. Cybersecurity Portfolio
8.10.4. Recent Developments and Strategies
8.11. Microsoft
8.11.1. Company Overview
8.11.2. Financial Overview
8.11.3. Recent Developments and Strategies

9. COMPETITIVE LANDSCAPE
9.1. Cybersecurity Initiative Analysis, 2018-2020
9.1.1. Startup Fundings, 2020
9.1.1.1. Overview
9.1.1.2. Detailed startup funding analysis, Q1-Q2, 2020

List Of Figures

Figure 4.1 Cybersecurity Market for Identity and Access Management Services, 2019-2030 (USD Billion)
Figure 4.2 Cybersecurity Market for Infrastructure Management Services, 2019-2030 (USD Billion)
Figure 4.3 Cybersecurity Market for Network Security Services, 2019-2030 (USD Billion)
Figure 5.1 Cybersecurity Market for Large Enterprises, 2019-2030 (USD Billion)
Figure 5.2 Cybersecurity Attacks in SMEs, 2019
Figure 6.1 Cybersecurity Market for BFSI, 2019-2030 (USD Billion)
Figure 6.2 Cybersecurity Market for IT & Telecom, 2019-2030 (USD Billion)
Figure 6.3 Cybersecurity Market for Government and Defense Sector, 2019-2030 (USD Billion)
Figure 6.4 Cybersecurity Market for Healthcare Sector, 2019-2030 (USD Billion)
Figure 6.5 Cybersecurity Market for Other Sectors, 2019-2030 (USD Billion)
Figure 7.1 Cybersecurity Market in North America, 2019-2030 (USD Billion)
Figure 7.2 Cybersecurity Market in the US, 2019-2030 (USD Billion)
Figure 7.3 Cybersecurity Market in Canada, 2019-2030 (USD Billion)
Figure 7.4 Cybersecurity Market in Europe, 2019-2030 (USD Billion)
Figure 7.5 Cybersecurity Market in the UK, 2019-2030 (USD Billion)
Figure 7.6 Cybersecurity Market in Germany, 2019-2030 (USD Billion)
Figure 7.7 Cybersecurity Market in France, 2019-2030 (USD Billion)
Figure 7.8 Cybersecurity Market in Rest of Europe, 2019-2030 (USD Billion)
Figure 7.9 Cybersecurity Market in Asia Pacific, 2019-2030 (USD Billion)
Figure 7.10 Cybersecurity Market in China, 2019-2030 (USD Billion)
Figure 7.11 Cybersecurity Market in India, 2019-2030 (USD Billion)
Figure 7.12 Cybersecurity Market in Japan, 2019-2030 (USD Billion)
Figure 7.13 Cybersecurity Market in Rest of Asia Pacific, 2019-2030 (USD Billion)
Figure 7.14 Cybersecurity Market in Rest of the World, 2019-2030 (USD Billion)
Figure 7.15 Cybersecurity Market in Latin America, 2019-2030 (USD Billion)
Figure 7.16 Cybersecurity Market in Middle East, 2019-2030 (USD Billion)
Figure 7.17 Cybersecurity Market in Africa, 2019-2030 (USD Billion)
Figure 8.1 Cisco: Annual Revenues, 2015 – 2019 (USD Billion)
Figure 8.2 Cisco Annual Revenues: Distribution by Business Segment, 2019
Figure 8.3 Cisco: Distribution of Revenue, by Region
Figure 8.4 Check Point: Annual Revenues, 2015 – 2019 (USD Billion)
Figure 8.5 Check Point Annual Revenues (2019): Distribution by Key Business Segments
Figure 8.6 Check Point Annual Revenues (2019): Distribution by Geography
Figure 8.7 Fortinet: Annual Revenues, 2017–2019 (USD Billion)
Figure 8.8 Fortinet: Distribution of Revenues, by Business Segment, 2018-2019
Figure 8.9 Fortinet: Distribution of Revenues, by Region
Figure 8.10 IBM: Annual Revenues, 2017-2019 (USD Billion)
Figure 8.11 IBM: Distribution of Revenue by Operating Segment, 2018-2019 (%)
Figure 8.12 IBM: Distribution of Revenue by Region, 2018-2019 (%)
Figure 8.13 McAfee: Annual Revenues, 2018–H1 2020 (USD Billion)
Figure 8.14 Oracle: Annual Revenues, 2018–2019 (USD Billion)
Figure 8.15 Oracle: Figure 8.14 Pao Alto: Annual Revenues, 2018–2019 (USD Billion)
Figure 8.16 Oracle: Distribution of Revenue, by Region 2018-2019 (%)
Figure 8.17 Pao Alto: Annual Revenues, 2018–2019 (USD Billion)
Figure 8.18 Pao Alto: Distribution of Revenue, by Region 2018-2019 (%)
Figure 8.19 Trend Micro: Annual Revenues, 2018–2020 (JPY Billion)
Figure 8.20 Trend Micro: Distribution of Revenue, by Region 2018-2019 (%)
Figure 8.21 Juniper Networks: Annual Revenues, 2017-2019 (USD Billion)
Figure 8.22 Juniper Networks: Distribution of Revenue, by Region, 2018-2019 (%)
Figure 8.23 Microsoft: Annual Revenues, 2017-2019 (USD Billion)
Figure 8.24 Microsoft: Distribution of Revenues by Operating Segment, 2018-2019 (%)
Figure 8.25 Microsoft: Distribution of Revenues by Region, 2018-2019 (%)
Figure 9.1 Initiatives Analysis: 2018-2020 (%)
Figure 9.2 Startup Funding Analysis: Q1-Q2, 2020 (%)

List Of Tables

Table 2.1 Cybersecurity Market: Summary of Revenue Distribution across Key Market Segments
Table 2.2 Cybersecurity Market: Summary of Revenue Distribution across Key Geographies 
Table 4.1 Cybersecurity Market: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 4.2 Cybersecurity Market for Identity and Access Management Services: Distribution by Region, 2019-2030 (USD Billion)
Table 4.3 Cybersecurity Market for Infrastructure Management Services: Distribution by Region, 2019-2030 (USD Billion)
Table 4.4 Cybersecurity Market for Network Security Services: Distribution by Region, 2019-2030 (USD Billion)
Table 5.1 Cybersecurity Market: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 5.2 Cybersecurity Market: Popular Cyberattacks, 2019-2020
Table 5.3 Cybersecurity Market for Large Enterprises: Distribution by Region, 2019-2030 (USD Billion)
Table 5.4 Cybersecurity Market for SMEs: Distribution by Region, 2019-2030 (USD Billion)
Table 6.1 Cybersecurity Market: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 6.2 Cybersecurity Market for BFSI: Distribution by Region, 2019-2030 (USD Billion)
Table 6.3 Cybersecurity Market for IT & Telecom: Distribution by Region, 2019-2030 (USD Billion)
Table 6.4 Cybersecurity Market for Government and Defense Sector: Distribution by Region, 2019-2030 (USD Billion)
Table 6.5 Cybersecurity Market for Healthcare Sector: Distribution by Region, 2019-2030 (USD Billion)
Table 6.6 Cybersecurity Market for Other Sectors: Distribution by Region, 2019-2030 (USD Billion)
Table 7.1 Cybersecurity Market: Distribution by Region, 2019-2030 (USD Billion)
Table 7.2 Cybersecurity Market in North America: Distribution by Country, 2019-2030 (USD Billion)
Table 7.3 Cybersecurity Market in North America: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.4 Cybersecurity Market in North America: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.5 Cybersecurity Market in North America: Distribution by Type of End Users, 2019-2030 (USD Billion)
Table 7.6 Cybersecurity Market in the US: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.7 Cybersecurity Market in the US: Distribution by Type of Organization, 2019- 2030 (USD Billion)
Table 7.8 Cybersecurity Market in the US: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.9 Cybersecurity Market in Canada: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.10 Cybersecurity Market in Canada: Distribution by Type of Organization, 2019- 2030 (USD Billion)
Table 7.11 Cybersecurity Market in Canada: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.12 Cybersecurity Market in Europe: Distribution by Country, 2019-2030 (USD Billion)
Table 7.13 Cybersecurity Market in Europe: Distribution by Type of Services, 2019-2030 (USD Billion)
Table 7.14 Cybersecurity Market in Europe: Distribution by Type of Organization, 2019- 2030 (USD Billion)
Table 7.15 Cybersecurity Market in Europe: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.16 Cybersecurity Market in the UK: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.17 Cybersecurity Market in the UK: Distribution by Type of Organization, 2019- 2030 (USD Billion)
Table 7.18 Cybersecurity Market in the UK: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.19 Cybersecurity Market in Germany: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.20 Cybersecurity Market in Germany: Distribution by Type of Organization, 2019- 2030 (USD Billion)
Table 7.21 Cybersecurity Market in Germany: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.22 Cybersecurity Market in France: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.23 Cybersecurity Market in France: Distribution by Type of Organization, 2019- 2030 (USD Billion)
Table 7.24 Cybersecurity Market in France: Distribution by Type of End User, 2019-2030  (USD Billion)
Table 7.25 Cybersecurity Market in Rest of Europe: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.26 Cybersecurity Market in Rest of Europe: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.27 Cybersecurity Market in Rest of Europe: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.28 Cybersecurity Market in Asia Pacific: Distribution by Countries, 2019-2030 (USD Billion)
Table 7.29 Cybersecurity Market in Asia Pacific: Distribution by Types of Services, 2019- 2030 (USD Billion)
Table 7.30 Cybersecurity Market in Asia Pacific: Distribution by Type of Organization,2019-2030 (USD Billion)
Table 7.31 Cybersecurity Market in Asia Pacific: Distribution by Type of End User, 2019- 2030 (USD Billion)
Table 7.32 Cybersecurity Market in China: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.33 Cybersecurity Market in China: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.34 Cybersecurity Market in China: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.35 Cybersecurity Market in India: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.36 Cybersecurity Market in India: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.37 Cybersecurity Market in India: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.38 Cybersecurity Market in Japan: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.39 Cybersecurity Market in Japan: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.40 Cybersecurity Market in Japan: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.41 Cybersecurity Market in Rest of Asia Pacific: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.42 Cybersecurity Market in Rest of Asia Pacific: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.43 Cybersecurity Market in Rest of Asia Pacific: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.44 Cybersecurity Market in Rest of the World: Distribution by Country, 2019-2030 (USD Billion)
Table 7.45 Cybersecurity Market in Rest of the World: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.46 Cybersecurity Market in Rest of the World: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.47 Cybersecurity Market in Rest of the World: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 7.48 Cybersecurity Market in Latin America: Distribution by Types of Services, 2019- 2030 (USD Billion)
Table 7.49 Cybersecurity Market in Latin America: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.50 Cybersecurity Market in Latin America: Distribution by Type of End User, 2019- 2030 (USD Billion)
Table 7.51 Cybersecurity Market in Middle East: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.52 Cybersecurity Market in Middle East: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.53 Cybersecurity Market in Middle East: Distribution by Type of End User, 2019- 2030 (USD Billion)
Table 7.54 Cybersecurity Market in Africa: Distribution by Types of Services, 2019-2030 (USD Billion)
Table 7.55 Cybersecurity Market in Africa: Distribution by Type of Organization, 2019-2030 (USD Billion)
Table 7.56 Cybersecurity Market in Africa: Distribution by Type of End User, 2019-2030 (USD Billion)
Table 8.1 Leading Cybersecurity Service Providers: List of Profiled Companies
Table 8.2 Cisco: Company Overview
Table 8.3 Cisco: Cybersecurity Portfolio
Table 8.4 Cisco: Recent Developments and Strategies
Table 8.5 Check Point: Company Overview
Table 8.6 Check Point: Cybersecurity Portfolio
Table 8.7 Check Point: Recent Developments and Strategies
Table 8.8 Fortinet: Company Overview
Table 8.9 Fortinet: Cybersecurity Portfolio
Table 8.10 Fortinet: Recent Developments and Strategies
Table 8.11 IBM: Company Overview
Table 8.12 IBM: Recent Developments and Strategies, 2019-2020
Table 8.13 McAfee: Company Overview
Table 8.14 McAfee: Cybersecurity Portfolio
Table 8.15 McAfee: Recent Developments and Strategies, 2019-2020
Table 8.16 Oracle: Company Overview
Table 8.17 Oracle: Recent Developments and Strategies, 2019-2020
Table 8.18 Palo Alto: Company Overview
Table 8.19 Palo Alto: Recent Developments and Strategies, 2019-2020
Table 8.20 Trend Micro: Company Overview
Table 8.21 Trend Micro: Cybersecurity Portfolio
Table 8.22 Trend Micro: Recent Developments and Strategies, 2019-2020
Table 8.23 Juniper Networks: Company Overview
Table 8.24 Juniper Networks: Cybersecurity Portfolio
Table 8.25 Juniper Networks: Recent Developments and Strategies, 2019-2020
Table 8.26 Microsoft: Company Snapshot
Table 8.27 Microsoft: Recent Developments and Strategies, 2019-2020
Table 9.1 Startup Funding, Till February, 2021

Segmentation

Distribution by Types of Services

  • Identity and Access Management 
  • Infrastructure Management
  • Network Security
  • Others

Distribution by Type of Organization 

  • Large Enterprises
  • Small and Mid-sized Enterprises (SMEs) 

Distribution by Type of Industry 

  • BFSI
  • IT & Telecom
  • Government and Defense
  • Healthcare
  • Others

Distribution by Geography 

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

The research also covers profiles of key players (mentioned below) that offer cybersecurity solutions:

  • Cisco
  • Check Point
  • Fortinet
  • IBM
  • McAfee
  • Palo Alto Networks
  • Oracle
  • Trend Micro
  • Juniper Networks
  • Microsoft

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